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CHICAGO (Reuters) Continental Airlines on Thursday said it expects to see $100 million in revenue and cost savings related to a new $15 dollar bag check fee. airline also said it is comfortable with its bookings over the next six weeks. The outlook,[url=http://www.p90x-workout.us@#$%&/]p90x3 results[/url], which was issued in a government filing,[url=http://www.nikefactoryoutletstore.us@#$%&/]@#$%& shoes for men[/url], came as experts speculate on how massive capacity cuts,[url=http://www.saclongchamp-pas-cher.fr/]sac longchamps[/url], fare increases and unpopular fees will impact travel demand.
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"Continental's language appears an effort to assuage largely misplaced investor fears that demand is poised to crater,[url=http://www.the-north-face.co.uk/]north face jackets[/url]," JP Morgan analyst Jamie Baker said in a research note.
The airline industry has been struggling to offset the high price of jet fuel,[url=http://www.borse-gucci.it/]borse gucci[/url]. A recent drop in oil prices has pressured fuel prices and given airlines some much needed relief,[url=http://www.mulberryhandbags-outlet.co.uk/]mulberry bags[/url].
Continental introduced the fee to check a single bag last week,[url=http://www.pololacoste-pascher.fr/]polo lacoste[/url], matching those implemented by rivals this year as carriers attempt to offset skyrocketing fuel bills. Continental said the $100 million would be generated through the new revenue as well as cost savings from not having to check as many bags.
The airline,[url=http://www.prom-weddingdresses@#$%&/]maggie sottero wedding dresses[/url], which plans to trim its domestic mainline capacity 11 percent in the fourth quarter,[url=http://www.moncler--jackets.co.uk/]moncler outlet[/url], said it expects that number to be down 2.9 percent in the third quarter.
Continental said consolidated domestic bookings for the coming six weeks were about 2 percentage points higher than last year,[url=http://www.louisvuittonoutlet-online.us/]louisvuitton@#$%&[/url].
The carrier also said it has hedged about 53 percent of its expected consolidated fuel needs for the third quarter,[url=http://www.lululemon-outlet.us@#$%&/]lulus[/url].
The company expects to end the third quarter with about $2,[url=http://www.valentino-outlet.us/]valentinos[/url].8 billion in cash and short term investments,[url=http://www.montrepas-cher.fr/]montre diesel[/url]. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests,[url=http://www.sacburberry-pascher.fr/]burberry @#$%&[/url].

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