Continental Airlines Again Named No. 2 Most Admired U.S. Airline By FORTUNE Magazine

For the third consecutive year,
Continental Airlines (NYSE: CAL) was ranked the No. 2 Most Admired U.S.
Airline on America`s Most Admired Companies list by FORTUNE magazine,
published in the March 4, 2002, issue.

The 10 largest U.S. airlines were ranked by airline executives, board of
directors and analysts based on eight criteria: innovation, financial
soundness, employee talent, use of corporate assets, long-term investment
value, social responsibility, quality of management and quality of service.

“Continental has maintained one of the top reputations in our industry
because we are focused on what customers want—clean, safe and reliable
service,” said Gordon Bethune, chairman and chief executive officer of
Continental Airlines.  “Our dedicated employees, who deliver quality service
every day, have earned respect from our customers, investors and peers.”

In January 2002, FORTUNE named Continental to its Best Companies to Work
For list for the fourth consecutive year. Continental, the only passenger
airline on the list, ranked No. 55.

Continental Airlines is the fifth largest airline in the U.S., offering
more than 2,000 departures daily to 126 domestic and 89 international
destinations.  Operating hubs in New York, Houston, Cleveland and Guam,
Continental serves more international cities than any other U.S. carrier,
including extensive service throughout the Americas, Europe and Asia.  For
more information, visit .


Continental was named the 2001 Airline of the Year by Air Transport World,
as well as the 1996 Airline of the Year, making it the only carrier to receive
this honor twice in five years.  Continental is ranked the nation`s No. 1
airline in customer satisfaction for long and short-haul flights by Frequent
Flyer Magazine and J.D. Power and Associates.  Continental has received
numerous awards for its BusinessFirst premium cabin (Conde Nast Traveler, OAG,
Entrepreneur and SmartMoney magazines), OnePass frequent flyer program
(InsideFlyer`s Freddie Awards) and overall operations and management (FORTUNE