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Continental Airlines Reports Record Load Factor In May

HOUSTON, June 3, 1998 -- Continental Airlines (NYSE: CAI.B and CAI.A) today reported its highest May load factor ever of 72.6 percent. The May load factor was 1.6 points higher than one year ago. The domestic load factor of 73.0 percent was also a record for May.

In May 1998, Continental flew 4.5 billion revenue passenger miles (RPMs) and 6.2 billion available seat miles (ASMs), resulting in a traffic increase of 15.8 percent and a capacity increase of 13.2 percent versus May 1997. International traffic was 1.5 billion RPMs, up 27.7 percent from May 1997. International capacity was 2.1 billion ASMs, up 25.1 percent from last year.

Continental's wholly owned subsidiary, Continental Express, reported that its May load factor was 60.1 percent, up 4.2 points from last year, based on 130.3 million RPMs and 217.0 million ASMs. Continental Express May traffic was up 36.1 percent and May capacity was up 26.6 percent from last year.

MAY 1998 1997 Change
REVENUE PASSENGER MILES (000)
Domestic 3,040,185 2,744,789 10.8 Percent
International 1,497,570 1,172,453 27.7 Percent
Total Jet 4,537,756 3,917,242 15.8 Percent
Cont'l. Express 130,305 95,756 36.1 Percent
 
AVAILABLE SEAT MILES (000)
Domestic 4,164,005 3,853,534 8.1 Percent
International 2,083,849 1,665,562 25.1 Percent
Total Jet 6,247,855 5,519,096 13.2 Percent
Cont'l. Express 216,987 171,357 26.6 Percent
 
PASSENGER LOAD FACTOR
Domestic 73.0 Percent 71.2 Percent 1.8 Points
International 71.9 Percent 70.4 Percent 1.5 Points
Total Jet 72.6 Percent 71.0 Percent 1.6 Points
Cont'l. Express 60.1 Percent 55.9 Percent 4.2 Points
 
CARGO REVENUE TON MILES (000)
Total 71,371 58,663 21.7 Percent
 
YEAR-TO-DATE 1998 1997 Change
REVENUE PASSENGER MILES (000)
Domestic 13,980,512 13,087,898 6.8 Percent
International 7,083,777 5,539,332 27.9 Percent
Total Jet 21,064,289 18,627,229 13.1 Percent
Cont'l. Express 551,115 406,764 35.5 Percent
 
AVAILABLE SEAT MILES (000)
Domestic 19,812,520 18,883,729 4.9 Percent
International 10,039,991 7,893,828 27.2 Percent
Total Jet 29,852,511 26,777,557 11.5 Percent
Cont'l. Express 988,347 783,762 26.1 Percent
 
PASSENGER LOAD FACTOR
Domestic 70.6 Percent 69.3 Percent 1.3 Points
International 70.6 Percent 70.2 Percent 0.4 Points
Total Jet 70.6 Percent 69.6 Percent 1.0 Points
Cont'l. Express 55.8 Percent 51.9 Percent 3.9 Points
 
CARGO REVENUE TON MILES (000)
Total 358,601 274,494 30.6 Percent