This could be good news for our furloughs. Hopefully we will see them all back in Spring 2010.
Oct. 21, 2009, 10:20 a.m. EDT
Continental sees fuller jets, 2010 capacity growth
By Christopher Hinton CAL
NEW YORK (MarketWatch) -- Continental Airlines (CAL 15.72, -0.20, -1.26%) said Wednesday it expects to increase its year-over-year total seat capacity by 1.5% to 2.5% in 2010, driven by its international routes. Mainline capacity is set to grow by 2% to 3%, the carrier said, with its domestic capacity flat. International mainline capacity is set to grow by 5% to 6%. For the fourth quarter, Continental forecast fuller planes, with both mainline and consolidated load factors increasing by about 2.9 points versus last year. Fourth-quarter mainline capacity is expected to come down by 0.7%, and 0.8% on a consolidated basis. Continental said it expects to end 2009 with $2.4 billion in cash. Shares of Continental slipped less than 1% to $15.79.