Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Xetra  >  Continental AG    CON   DE0005439004

Real-time Quote. Real-time Tradegate - 09/27 02:12:13 pm
184.5 EUR   -1.07%
09/26 CONTINENTAL : Air Springs from ContiTech Deliver High Performance Ev..
09/26 CONTINENTAL : Transport Industry in the Digital Price Trap
09/26 CONTINENTAL : iTires, intelligent tires shipped from the factory
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

CONTINENTAL : says new bag fee to generate $100 million

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/11/2008 | 04:10pm CEST

Continental Airlines on Thursday said it expects to see $100 million in revenue and cost savings related to a new $15 dollar fee to check a single bag.

The airline introduced the fee last week, matching those implemented by rivals this year as carriers attempt to offset skyrocketing fuel bills. Continental said in a government filing that the $100 million would be generated through the new revenue as well as cost savings, such as savings associated with not having to check as many bags.

Continental's shares rose 95 cents, or nearly 6 percent, to $17.02 in morning New York Stock Exchange trading.

Continental, which plans to trim its domestic mainline capacity 11 percent in the fourth quarter, said it expects its domestic mainline capacity to be down 2.9 percent in the third quarter.

The airline said it is comfortable with its forward bookings over the next six weeks. Consolidated domestic bookings for the coming six weeks were about 2 percentage points higher than last year, Continental said.

The airline said it has hedged about 53 percent of its expected consolidated fuel needs for the third quarter.

The company expects to end the third quarter with about $2.8 billion in cash and short-term investments.

(Reporting by Kyle Peterson, editing by Maureen Bavdek)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CONTINENTAL AG
09/26 CONTINENTAL : Air Springs from ContiTech Deliver High Performance Even at Extrem..
09/26 CONTINENTAL : Transport Industry in the Digital Price Trap
09/26 CONTINENTAL : Announces Commercial Tire Information and Management System 'Conti..
09/26 CONTINENTAL : iTires, intelligent tires shipped from the factory
09/26 CONTINENTAL : Reaffirms its Commitment to the Mining Industry with Broad Portfol..
09/26 CONTINENTAL : Launches New Earthmoving Tires as ContiEarth™ range at MINEx..
09/26 CONTINENTAL : Launches New Underground Mining Tires as ContiMine™ range at..
09/26 CONTINENTAL : Showcases Four ‘Tried-and-True’ Lines of Industrial Mi..
09/26 CONTINENTAL : Lightweight Vehicle Components from ContiTech Now Also Available f..
09/26 CONTINENTAL : Control Units Optimizing Mining Applications with Structure and Di..
More news
Sector news : Auto, Truck & Motorcycle Parts - NEC
09/10DJDenso to Buy Stake In Car-Tech Supplier -- WSJ
09/09DJGENERAL MOTORS : GM Recalls Over Four Million Autos for Air-Bag, Seat-Belt Issue..
09/09DJToyota's Biggest Supplier to Take Majority Stake in Self-Driving Tech Firm
09/06DJVolvo Cars and Autoliv Form Autonomous Driving Software JV
08/23 Mobileye, Delphi aim to release self-driving system in 2019
More sector news : Auto, Truck & Motorcycle Parts - NEC
News from SeekingAlpha
09/22 Ongoing Outperformance At Valeo Continues To Build Value
09/21 Wall Street's Skepticism About BorgWarner's Future May Still Mean Opportunity
08/07 Continental (CTTAY) on Q2 2016 Results - Earnings Call Transcript
08/03 Continental Aktiengesellschaft reports Q2 results
05/08 Continental (CTTAY) on Q1 2016 Results - Earnings Call Transcript
Advertisement
Financials (€)
Sales 2016 40 767 M
EBIT 2016 4 644 M
Net income 2016 3 081 M
Debt 2016 2 635 M
Yield 2016 2,30%
P/E ratio 2016 12,18
P/E ratio 2017 11,40
EV / Sales 2016 0,98x
EV / Sales 2017 0,90x
Capitalization 37 301 M
More Financials
Chart CONTINENTAL AG
Duration : Period :
Continental AG Technical Analysis Chart | CON | DE0005439004 | 4-Traders
Full-screen chart
Technical analysis trends CONTINENTAL AG
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 213 €
Spread / Average Target 14%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Elmar Degenhart Chairman-Executive Board
Wolfgang W. Reitzle Chairman-Supervisory Board
Wolfgang Schäfer Head-Finance & Controlling
Michael Iglhaut Member-Supervisory Board
Hartmut Meine Vice Chairman-Supervisory Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CONTINENTAL AG-16.95%41 945
DENSO CORP-28.23%32 426
HYUNDAI MOBIS CO., LTD..--.--%25 158
DELPHI AUTOMOTIVE PLC-19.79%18 755
MAGNA INTERNATIONAL IN..-1.12%16 006
AISIN SEIKI CO., LTD.-10.73%13 614
More Results