Continental Airlines posts $266 million 4Q loss (AP)

In this Jan. 7, 2009 file photo, a Continental Airlines jet takes off for the first biofuel-powered demonstration flight of a U.S. commercial airliner at Bush Intercontinental Airport in Houston. Continental Airlines Inc. said Thursday, Jan. 29, 2009, it lost $266 million in the fourth quarter as the recession bit into traffic and fuel and labor costs increased. (AP Photo/David J. Phillip, file)AP – Continental Airlines Inc. said Thursday it lost $266 million in the fourth quarter as the recession bit into traffic and fuel and labor costs increased.

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