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http://biz.yahoo.com/bizj/061003/1354871.html?.v=2
Continental soars in travel magazine rankings
Tuesday October 3, 5:07 pm ET
For the ninth-straight year, Continental Airlines has topped its U.S. competitors in international business class service, according to Conde Nast Traveler magazine.
The rankings, published in the magazine's October issue, placed Continental's BusinessFirst service first overall. The results were based on surveys of more than 2,000 business travelers.
Rankings take into account various criteria including seat comfort/legroom, food and cabin service, amenities/technology, airport lounge clubs and frequent-flier privileges.
Houston-based Continental (NYSE:CAL - News) also announced late Monday that revenue per available seat mile increased between 4 percent and 5 percent in September, compared to the same month in 2005.
Despite tighter security measures in effect that month, the airline said load factor (based on the number of passengers per flight) increased slightly to 78.2 percent.
Nonetheless, that growth slowed in comparison to August revenue per available seat mile, which increased 7.2 percent compared to August 2005.
The September revenue report, combined with falling oil prices, propelled Continental shares higher Tuesday. The stock gained $1.24, or 4.2 percent, to close at $30.52.
Published October 3, 2006 by the Houston Business Journal</I>
Continental soars in travel magazine rankings
Tuesday October 3, 5:07 pm ET
For the ninth-straight year, Continental Airlines has topped its U.S. competitors in international business class service, according to Conde Nast Traveler magazine.
The rankings, published in the magazine's October issue, placed Continental's BusinessFirst service first overall. The results were based on surveys of more than 2,000 business travelers.
Rankings take into account various criteria including seat comfort/legroom, food and cabin service, amenities/technology, airport lounge clubs and frequent-flier privileges.
Houston-based Continental (NYSE:CAL - News) also announced late Monday that revenue per available seat mile increased between 4 percent and 5 percent in September, compared to the same month in 2005.
Despite tighter security measures in effect that month, the airline said load factor (based on the number of passengers per flight) increased slightly to 78.2 percent.
Nonetheless, that growth slowed in comparison to August revenue per available seat mile, which increased 7.2 percent compared to August 2005.
The September revenue report, combined with falling oil prices, propelled Continental shares higher Tuesday. The stock gained $1.24, or 4.2 percent, to close at $30.52.
Published October 3, 2006 by the Houston Business Journal</I>
