Continental Airlines And Mechanics Reach Tentative Agreement

Continental Airlines (NYSE: CAI.B and CAI.A) and the International Brotherhood of Teamsters, representing Continental`s approximately 3,000 mechanics, today announced that a new tentative agreement has been reached.

Terms of the three-year agreement improve wages and work rules for all employees in Continental`s technical operations area.
Specifics will be communicated to employees through the ratification process, which will take place over the next several weeks. The Teamsters and Continental do not anticipate making further public comment during the ratification process.