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Continental Profit

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A350

Well-known member
Joined
Mar 22, 2005
Posts
563
Congrats to the folks at CAL on their fabulous results for the 3Q.....

We should all be in awe.

A350
 
That's some pretty tough sarcasm for a $61M profit. Were you perhaps hoping for bad news? Wait it gets better. CAL plans to raise $200M with the sale of stock.

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh25275_2005-10-18_23-25-31_wen1415_newsml

Continental prices public offering at $11.35
Tue Oct 18, 2005 07:25 PM ET
LOS ANGELES, Oct 18 (Reuters) - Continental Airlines Inc. (CAL.N: Quote, Profile, Research) on Tuesday said it planned to offer 18 million shares of its Class B Common Stock at $11.35 per share.

Continental expects the issuance and delivery of the shares to occur on Oct. 24. Continental has granted underwriter UBS Investment Bank a 30-day option to purchase an additional 2.7 million shares of common stock to cover over-allotments.
 
737 Driver......

I think you need to re-read the post....I am in awe. Any airline that can make that kind of $$$ in this environment should be damn proud of themselves, without hedges too!

No sarcasm here.

A350
 
Sorry. Just sort of come to expect it here. Thanks though.
 
BR549 said:
Just wait till this thursday to be in awe!
Yeah, thats when XJT will post a $30 million dollar profit for the quarter. So CAL and it's only regional parter will come in at close to $100 mill for the quarter. Just imagine what they would be posting if Jet-A was at 70 cents a gallon like it was a few years ago.
 
PropsR4Boats said:
Just imagine how much they would’ve made if Mesa where doing X Jets flying for half the price.

They would of made nothing.........since no one would have made their connections/ever flown CAL again after flying MESA.
 
Last edited:
CAL has a business PLAN and the Exces. are using their college degrees

DELTA AA NW USAIR--they do NOT

Ask your manmt team why they don't use theirs?????

Buy American products!!!!!
 
Don't forget folks...
all this $$$ and both CAL & XJT still have "free" meal services on most flights. It's the little things like that people remember when buying their next ticket.
 

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