As usual, Continental is the first to release June traffic results, and they really don’t look all that different from past months. On the bright side, that means things aren’t getting worse, but that’s pretty much the only positive here – the numbers are still pretty bad.
The airline was able to swing a one point increase in load factor compared to June 2008, to 85.2%. But that increase came along with a significant decrease in RASM – Continental estimates a 19.5-20.5% decrease in both mainline and consolidated RASM for June.
Continental also said that mainline RASM was down 19.1% and consolidated RASM was down 19.9% in May.
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