News Release

Continental Airlines Reports Record September Load Factor

HOUSTON, October 1, 1999 -- Continental Airlines (NYSE: CAL and CAL.A) today reported a systemwide load factor of 72.8 percent in September, the highest September load factor in company history and 0.1 point above the previous record set last year.

In September 1999, Continental flew 5.0 billion revenue passenger miles (RPMs) and 6.9 billion available seat miles (ASMs), resulting in a traffic increase of 9.3 percent on a capacity increase of 9.2 percent versus September 1998. International traffic was 2.0 billion RPMs, up 23.3 percent from September 1998 and international capacity was 2.5 billion ASMs, up 18.4 percent from last year.

Continental Express, Continental’s wholly owned regional subsidiary, reported its second highest September load factor ever of 61.8 percent, 0.7 points behind last September’s record which was set during the strike at Northwest Airlines. Continental Express flew 189.8 million RPMs and 307.1 million ASMs in September, resulting in a traffic increase of 29.2 percent and a capacity increase of 30.8 percent versus last year.

PRELIMINARY TRAFFIC RESULTS

SEPTEMBER		1999	1998	Change

REVENUE PASSENGER MILES (000)
	Domestic	3,005,060	2,954,588	1.7	Percent
	International	1,982,578	1,607,872	23.3	Percent
	Total Jet	4,987,638	4,562,460	9.3	Percent
	Cont'l. Express	189,841	146,914	29.2	Percent

AVAILABLE SEAT MILES (000)
	Domestic	4,305,032	4,121,641	4.4	Percent
	International	2,548,900	2,152,147	18.4	Percent
	Total Jet	6,853,932	6,273,788	9.2	Percent
	Cont'l. Express	307,142	234,885	30.8	Percent

PASSENGER LOAD FACTOR
	Domestic	69.8 Percent	71.7 Percent	(1.9)	Points
	International	77.8 Percent	74.7 Percent	3.1	Points
	Total Jet	72.8 Percent	72.7 Percent	0.1	Points
	Cont'l. Express	61.8 Percent	62.5 Percent	(0.7)	Points

CARGO REVENUE TON MILES (000)
	Total	86,166	69,233	24.5	Percent

YEAR-TO-DATE		1999	1998	Change

REVENUE PASSENGER MILES (000)
	Domestic	28,517,508	26,874,409	6.1	Percent
	International	16,532,547	13,817,603	19.6	Percent
	Total Jet	45,050,055	40,692,012	10.7	Percent
	Cont'l. Express	1,534,548	1,135,285	35.2	Percent

AVAILABLE SEAT MILES (000)
	Domestic	39,028,991	36,866,657	5.9	Percent
	International	21,923,485	18,871,492	16.2	Percent
	Total Jet	60,952,476	55,738,149	9.4	Percent
	Cont'l. Express	2,450,130	1,914,575	28.0	Percent

PASSENGER LOAD FACTOR
	Domestic	73.1 Percent	72.9 Percent	0.2	Points
	International	75.4 Percent	73.2 Percent	2.2	Points
	Total Jet	73.9 Percent	73.0 Percent	0.9	Points
	Cont'l. Express	62.6 Percent	59.3 Percent	3.3	Points

CARGO REVENUE TON MILES (000)
	Total	705,252	635,261	11.0	Percent