Continental Airlines Reports February Load Factor

Continental Airlines (NYSE: CAL) today
reported a 68.5 percent systemwide load factor in February 2001, 1.1 points
below last year`s February load factor.

In February 2001, Continental flew 4.6 billion revenue passenger miles
(RPMs) and 6.6 billion available seat miles (ASMs), resulting in a traffic
decrease of 2.1 percent and a capacity decrease of 0.6 percent versus
February 2000, which had one more day due to the Leap Year.  Domestic traffic
was 2.9 billion RPMs, down 0.4 percent from February 2000, and domestic
capacity was 4.2 billion ASMs, up 1.2 percent from last year.
 
Continental Express, Continental`s wholly owned regional subsidiary,
reported its February load factor of 56.2 percent, 0.3 points below last
February`s load factor.  Continental Express flew 226.9 million RPMs and
404.0 million ASMs in February, resulting in a traffic increase of
20.2 percent and a capacity increase of 20.9 percent versus February 2000.

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