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Continental Airlines Reports Highest Load Factor in Company History

HOUSTON, Aug. 1, 2000 -- Continental Airlines (NYSE: CAL and CAL.A) today reported the highest systemwide load factor in company history of 80.4 percent in July, 0.4 points above the previous record set in June 2000 and 2.6 points above July 1999.

In July 2000, Continental flew 6.0 billion revenue passenger miles (RPMs) and 7.5 billion available seat miles (ASMs), resulting in a traffic increase of 6.7 percent on a capacity increase of 3.3 percent versus July 1999. International traffic was 2.4 billion RPMs, up 14.5 percent from July 1999 and international capacity was 2.9 billion ASMs, up 9.8 percent from last year.

Continental Express, Continental’s wholly owned regional subsidiary, reported its second highest July load factor ever of 66.6 percent, 1.3 points below last July’s record. Continental Express flew 273.1 million RPMs and 409.9 million ASMs in July, resulting in a traffic increase of 31.2 percent and a capacity increase of 33.7 percent versus last year.

                         PRELIMINARY TRAFFIC RESULTS
JULY                             2000           1999        Change
REVENUE PASSENGER MILES (000)
Domestic                      3,612,018     3,538,628    2.1  Percent
International                 2,418,570     2,111,660   14.5  Percent
Transatlantic                 1,215,091       934,431   30.0  Percent
Latin America                   767,325       696,862   10.1  Percent
Pacific                         436,154       480,367   (9.2) Percent
Total Jet                     6,030,588     5,650,288    6.7  Percent
Cont'l. Express                 273,086       208,090   31.2  Percent
AVAILABLE SEAT MILES (000)
Domestic                      4,599,405     4,619,384   (0.4) Percent
International                 2,898,615     2,638,819    9.8  Percent
Transatlantic                 1,396,632     1,163,940   20.0  Percent
Latin America                   950,481       862,228   10.2  Percent
Pacific                         551,502       612,651  (10.0) Percent
Total Jet                     7,498,020     7,258,203    3.3  Percent
Cont'l. Express                 409,898       306,548   33.7  Percent
PASSENGER LOAD FACTOR
Domestic                   78.5 Percent  76.6 Percent    1.9   Points
International              83.4 Percent  80.0 Percent    3.4   Points
Transatlantic              87.0 Percent  80.3 Percent    6.7   Points
Latin America              80.7 Percent  80.8 Percent   (0.1)  Points
Pacific                    79.1 Percent  78.4 Percent    0.7   Points
Total Jet                  80.4 Percent  77.8 Percent    2.6   Points
Cont'l. Express            66.6 Percent  67.9 Percent   (1.3)  Points
CARGO REVENUE TON MILES (000)
Total                            91,162        84,715    7.6  Percent
YEAR-TO-DATE                     2000           1999         Change
REVENUE PASSENGER MILES (000)
Domestic                     22,971,431    21,986,740    4.5  Percent
International                14,554,349    12,320,728   18.1  Percent
Transatlantic                 6,937,983     5,218,149   33.0  Percent
Latin America                 4,762,442     4,188,729   13.7  Percent
Pacific                       2,853,924     2,913,850   (2.1) Percent
Total Jet                    37,525,780    34,307,468    9.4  Percent
Cont'l. Express               1,636,137     1,138,224   43.7  Percent
AVAILABLE SEAT MILES (000)
Domestic                     30,727,205    30,022,215    2.3  Percent
International                19,100,358    16,616,493   14.9  Percent
Transatlantic                 8,745,900     6,636,689   31.8  Percent
Latin America                 6,492,200     5,905,835    9.9  Percent
Pacific                       3,862,258     4,073,969   (5.2) Percent
Total Jet                    49,827,563    46,638,708    6.8  Percent
Cont'l. Express               2,597,531     1,822,594   42.5  Percent
PASSENGER LOAD FACTOR
Domestic                   74.8 Percent  73.2 Percent    1.6   Points
International              76.2 Percent  74.1 Percent    2.1   Points
Transatlantic              79.3 Percent  78.6 Percent    0.7   Points
Latin America              73.4 Percent  70.9 Percent    2.5   Points
Pacific                    73.9 Percent  71.5 Percent    2.4   Points
Total Jet                  75.3 Percent  73.6 Percent    1.7   Points
Cont'l. Express            63.0 Percent  62.5 Percent    0.5   Points
CARGO REVENUE TON MILES (000)
Total                           625,779       533,293   17.3  Percent