Investing Pro’s and Con’s
According to Yahoo! Finance, Continental Airlines is a United States air carrier engaged in the business of transporting passengers, cargo and mail. As of year-end 2003, Continental Airlines flew to 127 domestic and 101 international destinations and offered additional connecting service through alliances with domestic and foreign carriers. It directly served 16 European cities, seven South American cities, Tel Aviv, Hong Kong and Tokyo as of December 31, 2003. In addition, the Company provides service to destinations in Mexico and Central America, serving 31 cities (Profile).
Preferred Stock And Other Adjustments
Net Income Applicable To Common Shares
The income statements show this airline has lost money in three of the last four quarters, and has lost a total of $110 million in the twelve months ended September 30, 2004 (Income Statement).