Continental Airlines Opens New Cargo Facility at New York`s JFK International Airport

HOUSTON, May 23 /PRNewswire-FirstCall/—Continental Airlines (NYSE: CAL)
today opened a new, state-of-the-art cargo handling facility at JFK
International Airport in New York City. The new $25 million facility, which
will improve cargo handling and expedite shipments of all kinds, combines
freight operations that were previously housed in two separate buildings.

“JFK is one of the busiest cargo ports in the world. As one of the largest
facilities in our system, this new operation will significantly boost the
volume of freight we can handle,” said Continental Airlines Cargo V.P. Jack
Boisen. “One key feature, that will cut air pollution and increase freight
handling efficiency, is the Ball Mat system. Floor-level rollers will allow us
to move containerized cargo without forklifts.”
Mr. Boisen introduced Continental Airlines President Larry Kellner, who
addressed those in attendance at the ribbon-cutting.
Port Authority Director of Aviation William R. DeCota, who also attended
today`s ceremony, said, “Continental`s state-of-the-art cargo facility is the
latest achievement in our public-private partnership that is creating nearly 2
million square feet of new cargo space at JFK.  These new facilities will
ensure Kennedy Airport`s dominant role in the world`s air cargo industry for
decades to come.”

Twelve daily, round-trip “truck flights” between the new cargo facility
and the airline`s Newark hub tie the JFK operation into Continental`s
extensive Asian, European, Latin American and transcontinental network.

Continental`s JFK cargo operation features more than 54,000 square feet of
cargo handling area as well as 8,500 square feet of office space for 100
employees. Approximately 23,000 square feet of paved areas for truck staging
and customer parking will minimize traffic congestion as customers drop-off or
pick-up shipments.

In 2001, Continental cargo and mail operations produced revenue of $315
million and the airline flew cargo totaling 914 million revenue ton miles.