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CAL traffic falling

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QOL_is_great:)

What the?
Joined
Apr 11, 2008
Posts
311
Five hours ago posted on FOX Business News

Continental Airlines late Monday reported February traffic fell 13.2% to 5.88 billion revenue passenger miles from 6.77 billion last year. A revenue passenger mile is one paying passenger flown one mile. The Houston-based airline said capacity declined 8.9% to 8.11 billion available seat miles last month from 8.91 billion in February 2008. Its load factor, or percentage of seats filled, slid to 72.5% from 76%.

Don't slip any further. We don't want to see any of the industry loads slip.
 
This is really really bad for us all. CO has a revenue accounting system that permits them to report RPMs prior to all other carriers. This could not be worse. I am convinced that UA or US are at a very high risk for BK if this does not change quickly
 
Five hours ago posted on FOX Business News

Continental Airlines late Monday reported February traffic fell 13.2% to 5.88 billion revenue passenger miles from 6.77 billion last year. A revenue passenger mile is one paying passenger flown one mile. The Houston-based airline said capacity declined 8.9% to 8.11 billion available seat miles last month from 8.91 billion in February 2008. Its load factor, or percentage of seats filled, slid to 72.5% from 76%.

Don't slip any further. We don't want to see any of the industry loads slip.

Of course traffic fell 13.2%!!! They removed approx. 11% of the available capacity. Yes load factors are down 3.5%, but oil is down 70%. Considering this was Feb., a slow month, in a recession....a 72.5% load factor isn't too bad.....more doom and gloom to come i'm sure!!
 
Of course traffic fell 13.2%!!! They removed approx. 11% of the available capacity. Yes load factors are down 3.5%, but oil is down 70%. Considering this was Feb., a slow month, in a recession....a 72.5% load factor isn't too bad.....more doom and gloom to come i'm sure!!

I believe their point is that the decrease in demand has outpaced the decrease in capacity.
 
we are in contract negotiations..i would not expect ANYTHING positive untill we sign a ta in a few yrs
 
Everyone's traffic has fallen, even freight demand. I believe I read that passenger demand call fall north of 15%, and still would not be as damaging as the $150 /barrel oil.

If you haven't noticed, the economy sucks.
 
This is really really bad for us all. CO has a revenue accounting system that permits them to report RPMs prior to all other carriers. This could not be worse. I am convinced that UA or US are at a very high risk for BK if this does not change quickly
Hopefully no BK for anyone, but I think CH.7 may be the only option. There is no credit available for a CH.11. I hope we can all make it through this mess.
 
I believe their point is that the decrease in demand has outpaced the decrease in capacity.

Too bad they don't post thier decrease in the CASM. It would be interesting to see if it fell faster than the RASM. My guess is yes, fuel is 1/3 of the cost last year and the pilot group has the cheapest contract out there.
 
Everyone is getting hurt. There are four majors that will face major liquidity issues this year.
Revenue needs to fall by about 20% for airlines not to post number like they had this year. We are getting to about a 10% drop in ticket prices.
DAL is looking at Sept numbers and they are in effect non-existent. People are not booking as far out, but it is a good benchmark to run by. Spring numbers are better than expected, and summer looks OK.
CAL should be fine, but time will tell.
 
DAL is looking at Sept numbers and they are in effect non-existent. People are not booking as far out, but it is a good benchmark to run by. Spring numbers are better than expected, and summer looks OK.
CAL should be fine, but time will tell.

Exactly many people don't know if they will be employed in the coming months and aren't making plans that far in the future.
 

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