Amtrak and Continental
Airlines announced today that they have partnered to create the
country`s first domestic air/rail code share.  Travelers will be able to
transfer easily between Amtrak`s northeast rail service in four major cities
to air service via Continental Airlines at Newark International Airport under
the landmark agreement.

Under the nation`s first air/rail code share, Continental Airlines will
place its designator (CO*) code on Amtrak`s Acela Regional and Keystone trains
for connecting itineraries between Newark International Airport and four
cities in the Northeast served by Amtrak—Philadelphia Pa., Wilmington,
Del., Stamford, Conn., and New Haven, Conn.  Also as part of the agreement,
members of Continental`s OnePass program may earn miles when traveling on
Amtrak`s premiere Metroliner and Acela Express services between New York and
either Boston or Washington, DC.

With the code share agreement, Amtrak will provide service to and from the
four stations to Continental Airlines connections at Newark International
Airport.  The airport`s new rail terminal provides a seamless travel
experience, transporting guests to and from the airline terminals via the
airport monorail, the AirTrain.

“This ground-breaking code share agreement means even more travel options
for Amtrak`s as well as Continental`s guests,” said George D. Warrington,
President and CEO of Amtrak.  “Travelers will be able to use Amtrak`s frequent
Northeast Corridor rail service and Continental`s coast-to-coast air service
to easily reach the destination of their choice.”

“Travelers in America may now enjoy the benefits of plane-to-train
partnerships that those in Europe have realized for years,” said Larry
Kellner, Continental Airlines President.  “This unprecedented partnership
between Continental and Amtrak provides a fast and convenient air-rail link
for seamless travel along the Northeast Corridor.”

The code share is scheduled to launch in mid-March and will allow
travelers to make one reservation for both air and rail services by simply
calling Continental Airlines or logging onto continental.com .  Tickets may
also be purchased through a travel agent but may not be purchased through
Amtrak reservations.  The train portion of the ticket will show a designated
Continental flight number.

Travelers on code share segments who are members of either corporation`s
loyalty program may earn Continental OnePass miles or Amtrak Guest Rewards
points when they travel.  While members cannot earn both miles and points for
the same trip, they will be able to exchange miles and points between the
programs starting in mid-March.  In addition, guests traveling on Amtrak`s
Metroliner and Acela Express services between New York and either Boston or
Washington may earn Continental OnePass miles or Amtrak Guest Rewards points.
 
Under the code share agreement, Amtrak and Continental Airlines will be
able to provide service to a greater number of markets, such as Philadelphia.
Currently seventeen trains travel between Newark International Airport and
Philadelphia every weekday, a level of service unmatched by any airline.  With
the new partnership, guests can easily travel between Philadelphia,
Wilmington, Stamford, and New Haven and any number of destinations served by
Continental Airlines.

About Amtrak:

Along the Northeast Corridor between Washington and Boston, Amtrak offers
convenient service between Newark International Airport and stops along the
corridor including Philadelphia (60 minutes), Wilmington, Del. (80 minutes),
and Stamford, Conn. (90 minutes).

Amtrak guests enjoy satisfaction-guaranteed service in more than
500 communities in 46 states throughout a 22,000-mile route system.  Amtrak
offers guests America`s only high-speed rail service between Washington and
Boston as well as a nationwide unconditional guest Satisfaction Guarantee.
Last year, the company set all-time records for passenger ridership and
overall revenue.  For more information, including schedules, fares and
reservations, visit Amtrak`s Web site at http://www.amtrak.com .

About Continental Airlines:

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.com .

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 in the top quarter of Fortune
magazine`s “100 Best Companies to Work for in America,” and 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 magazine).

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