Venk:

There is indeed a ticket mix for many pax, but again, most will TREND towards flying mostly on higher-yield or lower-yield tickets.

While CO might benefit from a lower cost structure, there is little question that CO's revenue management policies are a key reason why the company is not burning $5-10 million dollars a day like other airlines. The company is doing a good job in aligning the amount of service rendered to the customer's "true" loyalty as evidenced by the fare paid.

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Thank you for choosing Continental Airlines, a proud member of the SkyTeam Alliance.

[This message has been edited by avek00 (edited 10-28-2002).]