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Tuesday, April 6, 2010

Continental Airlines: Incremental Progress

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The disclosure that investors should tread carefully in the airline sector remains intact. That said, Continental Airlines (CAL), first discussed here on January 14, 2010 at a price of $20.44, continues to progress. Look for Continental's 2010 revenue to rise 7-10%, on both higher capacity and pricing power.



In 2010 the ridiculously-competitive U.S. airline sector may experience something that it hasn't in a while: sustained pricing power. The U.S. economic expansion, combined with sector-wide capacity cuts during the 2007-2009 recession, should lead to sustained fare increases.

Continue reading Continental Airlines: Incremental Progress

Continental Airlines: Incremental Progress originally appeared on BloggingStocks on Mon, 05 Apr 2010 17:40:00 EST. Please see our terms for use of feeds.

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