Continental Airlines Reports April Load Factor And Record April On-Time Performance

Continental Airlines (NYSE: CAL) today
reported its second highest systemwide April load factor of 74.0 percent,
1.4 points below last year`s record April load factor.

Continental achieved an 85.7 percent on-time arrival rate, setting a
record for the month of April.  The airline also set an April completion
factor record of 99.5 percent, only 0.1 points below the all-time record of
99.6 percent in November 2000.

“Continental continues to rise above the rest of the industry with a
record April on-time performance and strong load factor,” said C.D. McLean,
executive vice president of operations for Continental.

In April 2001, Continental flew 5.5 billion revenue passenger miles (RPMs)
and 7.5 billion available seat miles (ASMs), resulting in a traffic increase
of 4.6 percent and a capacity increase of 6.6 percent versus April 2000.
Domestic traffic was 3.4 billion RPMs, up 5.7 percent from April 2000, and
domestic capacity was 4.6 billion ASMs, up 7.2 percent from last year.
Continental Express, Continental`s wholly owned regional subsidiary,
reported a record April load factor of 64.5 percent, 0.6 points above last
April`s previous record.  Continental Express flew 293.1 million RPMs and
454.5 million ASMs in April, resulting in a traffic increase of 24.4 percent
and a capacity increase of 23.3 percent versus April 2000.