Continental Airlines Named Best Managed U.S.-Based Global Carrier

Continental Airlines, Inc. (NYSE: CAL)
received the highest rating for outstanding management among U.S.-based global
carriers, according to Aviation Week & Space Technology.  For the second
straight year, the publication gave Continental the highest rating of any
major U.S. airline for “Asset Utilization”.

“Continental`s high ranking in this study demonstrates that our continuing
emphasis on superior customer service, along with our commitment to treat
employees with dignity and respect, go hand-in-hand with quality management,”
said an airline spokesperson.

For the third year in a row, Continental has been named one of the
100 Best Companies to Work for in America by FORTUNE magazine.  Continental
was named Air Transport World`s “Airline of the Year” for 2001, making it the
only airline to receive that honor twice in five years; it was also ATW`s
Airline of the Year in 1996.

Continental Airlines is the fifth largest airline in the U.S., offering
more than 2,200 daily departures to 133 domestic and 92 international
destinations.  Operating hubs in Newark, Houston, Cleveland and Guam,
Continental ( serves more international cities than any
other U.S. carrier, including extensive service throughout the Americas,
Europe and Asia.