Recent News Releases

News Release

Continental Airlines Reports Record November Load Factor

HOUSTON, December 1, 1999 -- Continental Airlines (NYSE: CAL and CAL.A) today reported a systemwide load factor of 72.9 percent in November, the highest November load factor in company history and 3.1 points above the previous record set last year.

In November 1999, Continental flew 4.9 billion revenue passenger miles (RPMs) and 6.8 billion available seat miles (ASMs), resulting in a traffic increase of 16.8 percent on a capacity increase of 11.8 percent versus November 1998. International traffic was 1.8 billion RPMs, up 29.6 percent from November 1998 and international capacity was 2.5 billion ASMs, up 24.2 percent from last year.

Continental Express, Continental's wholly owned regional subsidiary, reported its highest November load factor ever of 62.4 percent, 3.3 points above last November's record. Continental Express flew 199.8 million RPMs and 320.1 million ASMs in November, resulting in a traffic increase of 44.4 percent and a capacity increase of 36.7 percent versus last year.

PRELIMINARY TRAFFIC RESULTS

NOVEMBER			1999	1998		Change
REVENUE PASSENGER MILES (000)
	Domestic		3,127,765	2,830,764		10.5	Percent
	International		1,815,089	1,401,001		29.6	Percent
	Total Jet		4,942,854	4,231,765		16.8	Percent
	Cont'l. Express		199,792	138,377		44.4	Percent
AVAILABLE SEAT MILES (000)
	Domestic		4,291,736	4,059,258		5.7	Percent
	International		2,491,127	2,006,378		24.2	Percent
	Total Jet		6,782,863	6,065,636		11.8	Percent
	Cont'l. Express		320,096	234,167		36.7	Percent
PASSENGER LOAD FACTOR
	Domestic		72.9 Percent	69.7 Percent		3.2	Points
	International		72.9 Percent	69.8 Percent		3.1	Points
	Total Jet		72.9 Percent	69.8 Percent		3.1	Points
	Cont'l. Express		62.4 Percent	59.1 Percent		3.3	Points
CARGO REVENUE TON MILES (000)
	Total		93,393	68,728		35.9	Percent
YEAR-TO-DATE			1999	1998		Change
REVENUE PASSENGER MILES (000)
	Domestic		34,917,815	32,767,014		6.6	Percent
	International		20,296,941	16,706,734		21.5	Percent
	Total Jet		55,214,756	49,473,748		11.6	Percent
	Cont'l. Express		1,944,212	1,420,913		36.8	Percent
AVAILABLE SEAT MILES (000)
	Domestic		47,826,116	45,186,212		5.8	Percent
	International		27,038,607	23,012,829		17.5	Percent
	Total Jet		74,864,723	68,199,041		9.8	Percent
	Cont'l. Express		3,094,293	2,396,747		29.1	Percent
PASSENGER LOAD FACTOR
	Domestic		73.0 Percent	72.5 Percent		0.5	Points
	International		75.1 Percent	72.6 Percent		2.5	Points
	Total Jet		73.8 Percent	72.5 Percent		1.3	Points
	Cont'l. Express		62.8 Percent	59.3 Percent		3.5	Points
CARGO REVENUE TON MILES (000)
	Total		900,672	779,099		15.6	Percent