Continental Airlines Names Jeff Misner Chief Financial Officer

Continental Airlines (NYSE: CAL) today
announced that Jeff Misner was named chief financial officer of the company by
its board of directors.

In this position, Misner, 48, is responsible for the airline`s overall
financial operations and will continue to report to Larry Kellner,
Continental`s president.

“Jeff has played a key role in Continental`s success the past six years,”
said Gordon Bethune, Continental`s Chairman and CEO.  “His abilities and
leadership will continue to be a vital part of the Company as we, along with
our industry, rebuild our business.”

Misner joined the airline in 1995 as vice president - treasury operations
and has held positions of increasing responsibility, including vice president
and treasurer and senior vice president - finance.

Prior to joining Continental, Misner was a tax and business consultant and
was a partner with Ernst and Young.  He also served in the United States
Marine Corps from 1971-1975.

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