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During the month, Continental recorded a U.S. Department of Transportation (DOT) on-time arrival rate of 80.5 percent and a mainline segment completion factor of 99.8 percent.
In June 2009, Continental flew8.1 billion consolidated revenue passenger miles (RPMs) and9.5 billion consolidated available seat miles (ASMs), resulting in a consolidated traffic decrease of6.5 percent and a capacity decrease of7.8 percent as compared to June 2008. In June 2009, Continental flew7.2 billion mainline RPMs and8.5 billion mainline ASMs, resulting in a mainline traffic decrease of6.3 percent and a mainline capacity decrease of7.5 percent as compared to June 2008. Domestic mainline traffic was3.7 billion RPMs in June 2009, down6.5 percent from June 2008, and domestic mainline capacity was4.2 billion ASMs, down8.8 percent from June 2008.
For June 2009, both consolidated and mainline passenger revenue per available seat mile (RASM) are estimated to have decreased between 19.5 and 20.5 percent compared to June 2008. For May 2009, consolidated passenger RASM decreased 19.9 percent compared to May 2008, while mainline passenger RASM decreased 19.1 percent compared to May 2008.
Continental ended the second quarter 2009 with an unrestricted cash, cash equivalents and short-term investments balance of approximately $2.77 billion.
Continental's regional operations had a June load factor of 81.5 percent, 1.8points above the June 2008 regional load factor. Regional RPMs were 846.5 million and regional ASMs were 1,038.8 million in June 2009, resulting in a traffic decrease of 8.2 percent and a capacity decrease of 10.3 percent versus June 2008.
Continental Airlines is the world's fifth largest airline. Continental, together with Continental Express and Continental Connection, has more than 2,750 daily departures throughout the Americas, Europe and Asia, serving 133 domestic and 132 international destinations. More than 750 additional points are served via current alliance partners. With more than 43,000 employees, Continental has hubs serving New York, Houston, Clevelandand Guam, and together with its regional partners, carries approximately 67 million passengers per year.
Celebrating its 75th anniversary this year, Continental consistently earns awards and critical acclaim for both its operation and its corporate culture. For the sixth consecutive year, FORTUNE magazine named Continental the No. 1 World's Most Admired Airline on its 2009 list of World's Most Admired Companies. For more company information, go to continental.com.
EDITOR'S NOTES
Continental Airlines (continental.com), celebrating its 75th anniversary this year, is the world's fifth largest airline, with more than 750 daily departures serving 133 U.S.and 132 international destinations. More than 750 additional points are served via current alliance partners. Across the Atlantic, Continental operates up to 312 departures weekly from 29 airports in 16 countries to its U.S.gateway hubs at New York, Houstonand Cleveland, with onward connections to more than 200 cities throughout North America, Latin America and the Caribbean. Fortune magazine ranked Continental as the top airline in its World's Most Admired Companies 2009, for the sixth consecutive year. At the OAG Airline of the Year Awards 2008, based on voting by frequent flyers around the world, Continental won the Best Airline Based in North Americaaward, for the fifth year in a row. Continental's alliance carriers in Europe, the Middle East and Indiainclude Air Europa, Air France, Alitalia, Emirates, Kingfisher Airlines, KLM and Virgin Atlantic Airways.
Issued by Trimedia on behalf of Continental Airlines
CONTACT: George Morrison / Susan Hutchinson, Trimedia UK Tel: +44 (0)20 7025 7500 e-mail: george.morrison@trimediauk.com e-mail: susan.hutchinson@trimediauk.com Ruth Law, Consultant, Trimedia UK Tel: +44 (0)20 7025 7500 Tel: +44 (0)20 7025 7549 Tel: +44 (0)79 4031 9053 WWW: http://www.trimediauk.com
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