Le perdite di CO

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Continental Airlines reports $206 million fourth quarter net loss; $363 million net loss for the year.

HOUSTON, Jan. 20, 2005 -- Continental Airlines (NYSE: CAL) today reported a fourth quarter 2004 net loss of $206 million ($3.12 diluted loss per share). The net loss includes special items of $32 million ($14 million primarily due to the retirement of aircraft and $18 million related to a change in expected future costs for frequent flyer reward redemptions on alliance carriers). Excluding the special items, Continental recorded a net loss of $174 million ($2.62 diluted loss per share) for the quarter, which compares favorably to the First Call mean estimate of $3.29 loss per share.
For the full year 2004, Continental incurred a net loss of $363 million ($5.55 diluted loss per share) compared to net income of $38 million in 2003. The company’s 2004 results were adversely impacted by weak domestic yields and record breaking fuel prices. Excluding special items, Continental recorded a net loss of $255 million for 2004 ($3.91 diluted loss per share), compared to a net loss of $209 million ($3.20 diluted loss per share) in 2003.

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l'ho preso da Airliners, la fonte originaria non la conosco...

Certo è che negli USA è un disastro...

Saluti
Claudio

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Ecco anche DL (fonte AP):

ATLANTA (AP) -- Delta Air Lines Inc., the No. 3 carrier in the United States, reported Thursday that its fourth-quarter loss widened significantly on hefty charges as well as high fuel prices and declining domestic yields.

Delta shares closed Wednesday at $5.95, but fell 33 cents, or 5.4 percent, to $5.82 in premarket activity on the New York Stock Exchange.

The airline said its quarterly loss grew fivefold to $2.21 billion, or $16.58 per share, from a loss of $327 million, or $2.69 per share, a year ago. Excluding items, the company posted a loss of $780 million, or $5.88 per share, much wider than the year-ago operating loss of $207 million, or $1.71 per share.

Operating revenue rose 0.9 percent to $3.64 billion from $3.61 billion last year. Analysts surveyed by Thomson First Call expected a loss per share of $5.47 on sales of $3.68 billion.


"High fuel prices and domestic yields that continue to decline resulted in another quarter of disappointing results. These numbers show clearly the difficulties our airline will continue to face in 2005," said Gerald Grinstein, Delta's chief executive officer.

For the full year, the company posted a loss of $5.2 billion, or $41.07 per share, compared with a much narrower loss of $773 million, or $6.40 per share, last year. Excluding items, the company posted a loss of $2.28 billion, or $18.10 per share, compared with a loss of $1.04 billion, or $8.58 per share, last year.

Operating revenue rose 6.5 percent to $15 billion from $14.09 billion last year. Analysts forecast a loss per share of $15.76 on sales of $14.67 billion.

[Duffy]

Ecco i dettagli per Continental

Ciao