Continental Airlines Inc.: The Houston-based carrier’s third-quarter...
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From Times Staff and Wire Reports
Continental Airlines Inc.: The Houston-based carrier’s third-quarter net income more than doubled from a year ago to $43.5 million. The latest results included non-recurring gains, principally asset sale gains, of $11.3 million; a year ago, the company had $9.2 million in one-time gains. Revenue totaled $1.34 billion, up 6%. The firm, a unit of Texas Air Corp., credited the results to greater pricing discipline.
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