Continental only lost $3 million in Q2 (after you toss out those one-time charges). To celebrate this morning at 10:00am they dropped many domestic routes by $70 roundtrip (averages out to about $25 when you crunch the data on all 1,200 city pairs between the top 50 cities — unfortunately the hub cities Newark, Houston, Cleveland didn’t get the break) — but it was a break nonetheless (maybe they new oil would dip below $130 a barrel today…)

They even dropped on Southwest overlap routes …

Notice the premium that is being charged for departures after late October: this means that most of the cheapest airfares on Continental have a rule indicating the travel period ends at Halloween. (Tip: be careful on holiday purchases — if the price seems too high, it might be worth it to wait — but you could be risking 10 more hikes we are likely to see this year.)