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Continental to Turn a Profit?

Is it possible airlines have seen their worst days behind them?  Continental reported its May traffic numbers, and analysts are saying that they believe the airline will turn a profit for the second quarter of this year.  The carrier’s revenue per available seat mile increased nearly 10% year-over-year because of a series of fare increases.  As noted in the past, when fares are as low as they’ve been, higher fares will generally equal higher revenue.  It looks like that’s the case.  Bad news for travelers, good news for the company.

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  1. The airline industry is like a video game. You just keep starting over until you win.