22-Jun-2010 12:47 PM

Continental releases investor update with 2Q2010 guidance

Continental Airlines released (21-Jun-2010) its investor update with information on the carrier's guidance for 2Q2010 and FY2010 including:

  • Advanced Booked Seat Factor (percentage of available seats sold): For the 2Q2010, Continental expects both its consolidated and mainline load factors to be up about 1.5 points year-over-year compared with the same period in 2009;
  • Unrestricted Cash, Cash Equivalents and Short-Term Investments Balance: Expects to end the 2Q2010 with a balance of approximately USD3.5 billion. [more]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More