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Continental Airlines release third quarter results

Report by John Lavabre

THIRD quarter results issued by Continental Airlines have
shown earnings per share of £1.50.

Other highlights of the results show:

* Third quarter earnings have increased 56% over the same
period in 1999 (before an extraordinary charge);

* Net income standing at £91.3 million (excluding an
extraordinary charge for early debt repayment);

* Passenger revenue rose to £1.6 billion;

* Revenue per available seat mile increased 11%;

* E-ticket sales now represent  54% of total sales.

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