Traffic Helps Continental Post a Profit
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Continental Airlines Inc. reported strong traffic, helping it cope with rising jet fuel prices.
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Southwest Airlines Co  and  Continental Airlines Inc , two of the largest U.S.  carriers, posted higher quarterly earnings on Thursday as  fuller planes and fare increases helped offset soaring fuel  costs.
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The shipping carrier reported third-quarter profit of $1.08 billion, a 3.7 percent increase from the same period a year ago, on a modest rise in sales.
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Transport group Go-Ahead reports a rise in profits despite "severe" problems at its aviation division.
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United Parcel Service Inc.  said on Thursday its quarterly profit rose but missed expectations as shortfalls in its U.S. package business and rising fuel prices offset strength internationally.
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The company reported fourth-quarter net income on higher commercial airplane deliveries and strong growth in defense earnings, beating Wall Streetâs expectations.
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Continental Airlines said it had reached a marketing agreement with China Southern Airlines, as flights between the two countries are set to more than double.
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The company posted a second-quarter profit of $182 million, helped by strong international beverage and bakery sales.
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Continental Airlines Inc  on Wednesday said consolidated passenger revenue per available seat mile, or unit revenues, rose between 5.5 percent and 6.5 percent in December, helped by fuller planes and higher capacity.
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American Airlines, Delta and Southwest all reported profits for the second quarter, on strong passenger loads, but jet fuel costs limited the gains.
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Yellow Roadway cited a more disciplined pricing environment and more efficient operations for the improved outlook. The Overland Park-based carrier said it expects earnings of $1.
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Yellow Roadway Corp.  on Tuesday raised its third-quarter earnings outlook, citing higher prices for its trucking services and better cost controls.
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United Parcel Service Inc.  on  Tuesday posted a higher profit citing growth in its global  business, supply chain and freight units, plus modest growth in  its U.S package business despite a "sluggish" economy.
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British Airways PLC said Monday that net profit rose by 25.5 percent over the latest quarter and that passenger numbers also rose.
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The discount carrier posted quarterly net income of $162 million on strong demand.
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Helped by the sale of its engineered products unit, the company posted a big profit in the third quarter, even though North American tire sales were down 6 percent.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.