In addition, the carrier reported a domestic mainline load factor of 83.1 percent, 1.1 points below November 2006, and an international mainline load factor of 77.3 percent, 0.1 points below November 2006.
During the month, Continental recorded a U.S. Department of Transportation on-time arrival rate of 78.0 percent and a mainline segment completion factor of 99.8 percent.
In November 2007, Continental flew 7.4 billion consolidated revenue passenger miles (RPMs) and 9.2 billion consolidated available seat miles (ASMs), resulting in a traffic increase of 4.6 percent and a capacity increase of 5.3 percent as compared to November 2006. In November 2007, Continental flew 6.6 billion mainline RPMs and 8.2 billion mainline ASMs, resulting in a mainline traffic increase of 5.8 percent and a mainline capacity increase of 6.8 percent as compared to November 2006. Domestic mainline traffic was 3.6 billion RPMs in November 2007, up 2.6 percent from November 2006, and domestic mainline capacity was 4.4 billion ASMs, up 4.0 percent from November 2006.
In light of the recent significant rise in the cost of jet fuel, the company has lowered it capacity growth estimate for full year 2008. The company currently expects to grow its mainline capacity 2 percent to 3 percent in 2008, down from its previous guidance of 3 percent to 4 percent. The company expects its 2008 mainline domestic capacity to be down slightly for the year.
For November 2007, consolidated passenger revenue per available seat mile (RASM) is estimated to have increased between 7.0 and 8.0 percent compared to November 2006, while mainline passenger RASM is estimated to have increased between 7.5 and 8.5 percent compared to November 2006. For October 2007, consolidated passenger RASM increased 6.5 percent compared to October 2006, while mainline passenger RASM increased 7.3 percent from October 2006. Continental's regional operations had a record November load factor of 77.7 percent, 0.4 points above the November 2006 load factor. Regional RPMs were 785.0 million and regional ASMs were 1,010.0 million in November 2007, resulting in a traffic decrease of 4.6 percent and a capacity decrease of 5.1 percent versus November 2006.
Continental Airlines is the world's fifth largest airline. Continental, together with Continental Express and Continental Connection, has more than 3,100 daily departures throughout the Americas, Europe and Asia, serving 144 domestic and 138 international destinations.
PRELIMINARY TRAFFIC RESULTS
NOVEMBER 2007 2006 Change
REVENUE PASSENGER MILES (000)
Domestic 3,622,394 3,531,712 2.6 Percent
International 2,943,357 2,673,910 10.1 Percent
Transatlantic 1,518,980 1,326,422 14.5 Percent
Latin America 821,060 772,127 6.3 Percent
Pacific 603,317 575,361 4.9 Percent
Mainline 6,565,751 6,205,622 5.8 Percent
Regional 785,014 822,818 -4.6 Percent
Consolidated 7,350,765 7,028,440 4.6 Percent
AVAILABLE SEAT MILES (000)
Domestic 4,361,285 4,193,212 4.0 Percent
International 3,805,619 3,454,477 10.2 Percent
Transatlantic 1,975,055 1,705,811 15.8 Percent
Latin America 1,028,432 982,499 4.7 Percent
Pacific 802,132 766,167 4.7 Percent
Mainline 8,166,904 7,647,689 6.8 Percent
Regional 1,010,028 1,064,690 -5.1 Percent
Consolidated 9,176,932 8,712,379 5.3 Percent
PASSENGER LOAD FACTOR
Domestic 83.1 Percent 84.2 Percent -1.1 Points
International 77.3 Percent 77.4 Percent -0.1 Points
Transatlantic 76.9 Percent 77.8 Percent -0.9 Points
Latin America 79.8 Percent 78.6 Percent 1.2 Points
Pacific 75.2 Percent 75.1 Percent 0.1 Points
Mainline 80.4 Percent 81.1 Percent -0.7 Points
Regional 77.7 Percent 77.3 Percent 0.4 Points
Consolidated 80.1 Percent 80.7 Percent -0.6 Points
ONBOARD PASSENGERS
Mainline 4,049,188 3,956,002 2.4 Percent
Regional 1,453,061 1,487,158 -2.3 Percent
Consolidated 5,502,249 5,443,160 1.1 Percent
CARGO REVENUE TON MILES (000)
Total 93,086 91,525 1.7 Percent
PRELIMINARY TRAFFIC RESULTS
YEAR-TO-DATE 2007 2006 Change
REVENUE PASSENGER MILES (000)
Domestic 41,663,896 39,572,704 5.3 Percent
International 35,814,161 32,999,298 8.5 Percent
Transatlantic 18,593,411 16,460,823 13.0 Percent
Latin America 10,198,420 9,702,863 5.1 Percent
Pacific 7,022,330 6,835,612 2.7 Percent
Mainline 77,478,057 72,572,002 6.8 Percent
Regional 9,063,304 9,460,010 -4.2 Percent
Consolidated 86,541,361 82,032,012 5.5 Percent
AVAILABLE SEAT MILES (000)
Domestic 49,553,311 47,225,358 4.9 Percent
International 44,922,409 42,156,314 6.6 Percent
Transatlantic 23,328,808 20,894,638 11.6 Percent
Latin America 12,602,633 12,347,765 2.1 Percent
Pacific 8,990,968 8,913,911 0.9 Percent
Mainline 94,475,720 89,381,672 5.7 Percent
Regional 11,573,181 12,128,572 -4.6 Percent
Consolidated 106,048,901 101,510,244 4.5 Percent
PASSENGER LOAD FACTOR
Domestic 84.1 Percent 83.8 Percent 0.3 Points
International 79.7 Percent 78.3 Percent 1.4 Points
Transatlantic 79.7 Percent 78.8 Percent 0.9 Points
Latin America 80.9 Percent 78.6 Percent 2.3 Points
Pacific 78.1 Percent 76.7 Percent 1.4 Points
Mainline 82.0 Percent 81.2 Percent 0.8 Points
Regional 78.3 Percent 78.0 Percent 0.3 Points
Consolidated 81.6 Percent 80.8 Percent 0.8 Points
ONBOARD PASSENGERS
Mainline 46,814,413 44,655,652 4.8 Percent
Regional 16,538,134 16,810,384 -1.6 Percent
Consolidated 63,352,547 61,466,036 3.1 Percent
CARGO REVENUE TON MILES (000)
Total 945,723 982,092 -3.7 Percent
PRELIMINARY OPERATIONAL AND FINANCIAL RESULTS
NOVEMBER 2007 2006 Change
On-Time Performance (1) 78.0% 76.4% 1.6 Points
Completion Factor (2) 99.8% 99.7% 0.1 Points
October 2007 year-over-year
consolidated RASM change 6.5 Percent
October 2007 year-over-year
mainline RASM change 7.3 Percent
November 2007 estimated
year-over-year consolidated
RASM change 7.0 - 8.0 Percent
November 2007 estimated
year-over-year mainline
RASM change 7.5 - 8.5 Percent
November 2007 estimated
average price per gallon of
fuel, including fuel taxes 2.51 Dollars
Fourth Quarter 2007 estimated
average price per gallon of
fuel, including fuel taxes 2.46 Dollars
(1) Department of Transportation Arrivals within 14 minutes
(2) Mainline Segment Completion Percentage
|