(Reuters) - Continental estimated that its May revenue per available seat mile slipped between 0.5 percent and 1.5 percent, compared with an increase in May 2006 of as much as 1 percent.
The No. 4 U.S. airline is the only major carrier to publish monthly revenue estimates, so the data serve as a proxy for the industry. JP Morgan analyst Jamie Baker said in a research note that the data may trigger downward revisions for second-half airline performance.
Read more at Reuters.com Hot Stocks News
The No. 4 U.S. airline is the only major carrier to publish monthly revenue estimates, so the data serve as a proxy for the industry. JP Morgan analyst Jamie Baker said in a research note that the data may trigger downward revisions for second-half airline performance.
Read more at Reuters.com Hot Stocks News
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