Month: December 2009

Airlines Appear Headed for Recovery

After a difficult year battling the recession, the airline industry appears to be headed toward a recovery as fuller planes, fewer discounted fares, lower fuel prices and revenue from a variety of formerly free services start to pay off according to The Wall Street Journal.

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Continental Airlines Reports Record Passenger Loads

Continental Airlines today reported a November consolidated (mainline plus regional) load factor of 80.5 percent, 3.2 points above the November 2008 consolidated load factor, and a record mainline load factor of 81.1 percent, 3.3 points above the November 2008 mainline load factor. The carrier reported a domestic mainline November load factor of 83.3 percent, 2.7 points above the November 2008 domestic mainline load factor, and a record international mainline load factor of 78.8 percent, 3.8 points above November 2008.

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