Continental Airlines reports financial results for fourth quarter and full year.(Financial report)

AIRLINE INDUSTRY INFORMATION-(C)1997-2009 M2 COMMUNICATIONS LTD

Continental Airlines (NYSE: CAL) has released its financial results for the fourth quarter and full year 2008.

The airline recorded a net loss of USD585m, or USD5.54 per diluted share, for the year. Excluding previously announced special items of USD234m, Continental reported a net loss of USD351m, or USD3.32 per diluted share, for 2008.

Total revenue for the year increased …