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Archive for the ‘Continental Airlines’ Category

Airline stocks still hot

CAL up 35% in the month, DAL up 10% this week. The NYSE ARCA shows an increase of 25.62% This is all attributed to lower fuel costs, lower capacity, and fares staying put. CNBC analysts remain bullish on jetBlue stock and Alaska Air stock. I think airline stocks stink, but the past month shows differently.

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Good day for Houston and Continental

Today will mark the new service for Continental’s network expansion out of Houston. The new flights are: Houston-Frankfurt, Houston-Edmonton, and Houston-Washington Dulles. I thought Kellner and Co. would put the 757 on the IAH-FRA route ,joke, but looks like the route has the 767-400 ER and rumors have it as the new lie flat product.

Categories: Continental Airlines

JP Morgan’s Baker; buy CAL stock

JP Morgan’s Jamie Baker made a claim that Continental’s (CAL) stock will do well and that it is worth considering. Strong management, past stock history, a new fleet, great product, and a potential up-tick in business travel will make this stock worth a look.

Only question is: will oil remain at or below $81? If oil hits $93 plus, forget it. Airline stocks will suffer.

Then again, Jamie Baker makes pretty good predictions.

Categories: Continental Airlines