Continental Airlines on Thursday said its profits rose about 2 percent in the third quarter, as it had double-digit passenger revenue growth in every segment of its business except for domestic flights.
Houston-based Continental reported a net profit of $241 million, or $2.15 per share, compared to a year-earlier profit of $237 million, or $2.17 per share. The company had a slightly larger share count in the most recent quarter, which is why earnings per share fell even as profits rose.
Excluding a special charge for a settlement related to its pilot pension plan, Continental reported earnings of $2.25 per share. Revenue rose almost 9 percent to $3.82 billion from $3.52 billion a year earlier.
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Houston-based Continental reported a net profit of $241 million, or $2.15 per share, compared to a year-earlier profit of $237 million, or $2.17 per share. The company had a slightly larger share count in the most recent quarter, which is why earnings per share fell even as profits rose.
Excluding a special charge for a settlement related to its pilot pension plan, Continental reported earnings of $2.25 per share. Revenue rose almost 9 percent to $3.82 billion from $3.52 billion a year earlier.
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