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News Release

Continental Airlines Reports September Load Factor

HOUSTON, Oct. 1, 2000 -- Continental Airlines (NYSE: CAL and CAL.A) today reported a systemwide load factor of 72.4 percent in September, compared to 72.8 percent in September 1999.

In September 2000, Continental flew 5.2 billion revenue passenger miles (RPMs) and 7.2 billion available seat miles (ASMs), resulting in a traffic increase of 4.7 percent on a capacity increase of 5.2 percent versus September 1999. International traffic was 2.1 billion RPMs, up 7.5 percent from September 1999 and international capacity was 2.8 billion ASMs, up 8.4 percent from last year.

Continental Express, Continental’s wholly owned regional subsidiary, reported a 58.9 percent load factor in September, compared to 61.8 percent last September. Continental Express flew 249.0 million RPMs and 423.1 million ASMs in September, resulting in a traffic increase of 31.2 percent and a capacity increase of 37.8 percent versus last year.

                         PRELIMINARY TRAFFIC RESULTS
SEPTEMBER                        2000            1999        Change
REVENUE PASSENGER
MILES (000)
Domestic                    3,090,947      3,005,407    2.8  Percent
International               2,131,501      1,983,349    7.5  Percent
Transatlantic               1,130,935        990,683   14.2  Percent
Latin America                 568,944        522,973    8.8  Percent
Pacific                       431,622        469,693   (8.1) Percent
Total Jet                   5,222,448      4,988,756    4.7  Percent
Cont'l. Express               249,036        189,865   31.2  Percent
AVAILABLE SEAT MILES (000)
Domestic                    4,448,471      4,304,889    3.3  Percent
International               2,762,060      2,548,906    8.4  Percent
Transatlantic               1,346,369      1,225,538    9.9  Percent
Latin America                 866,400        759,154   14.1  Percent
Pacific                       549,291        564,214   (2.6) Percent
Total Jet                   7,210,531      6,853,795    5.2  Percent
Cont'l. Express               423,083        307,065   37.8  Percent
PASSENGER LOAD FACTOR
Domestic                 69.5 Percent   69.8 Percent   (0.3) Points
International            77.2 Percent   77.8 Percent   (0.6) Points
Transatlantic            84.0 Percent   80.8 Percent    3.2  Points
Latin America            65.7 Percent   68.9 Percent   (3.2) Points
Pacific                  78.6 Percent   83.2 Percent   (4.6) Points
Total Jet                72.4 Percent   72.8 Percent   (0.4) Points
Cont'l. Express          58.9 Percent   61.8 Percent   (2.9) Points
CARGO REVENUE TON
MILES (000)
Total                          93,420         86,715    7.7  Percent
YEAR-TO-DATE                    2000            1999       Change
REVENUE PASSENGER
MILES (000)
Domestic                   29,713,560     28,517,855    4.2  Percent
International              19,107,011     16,533,318   15.6  Percent
Transatlantic               9,280,402      7,256,747   27.9  Percent
Latin America               6,073,948      5,396,854   12.5  Percent
Pacific                     3,752,661      3,879,717   (3.3) Percent
Total Jet                  48,820,571     45,051,173    8.4  Percent
Cont'l. Express             2,157,130      1,534,572   40.6  Percent
AVAILABLE SEAT MILES (000)
Domestic                   39,903,564     39,028,847    2.2  Percent
International              24,782,887     21,923,491   13.0  Percent
Transatlantic              11,490,913      9,157,786   25.5  Percent
Latin America               8,301,963      7,529,744   10.3  Percent
Pacific                     4,990,011      5,235,961   (4.7) Percent
Total Jet                  64,686,451     60,952,338    6.1  Percent
Cont'l. Express             3,451,012      2,450,053   40.9  Percent
PASSENGER LOAD FACTOR
Domestic                 74.5 Percent   73.1 Percent    1.4  Points
International            77.1 Percent   75.4 Percent    1.7  Points
Transatlantic            80.8 Percent   79.2 Percent    1.6  Points
Latin America            73.2 Percent   71.7 Percent    1.5  Points
Pacific                  75.2 Percent   74.1 Percent    1.1  Points
Total Jet                75.5 Percent   73.9 Percent    1.6  Points
Cont'l. Express          62.5 Percent   62.6 Percent   (0.1) Points
CARGO REVENUE TON
MILES (000)
Total                         810,578        705,801   14.8  Percent