Continental Airlines Reports October 2007 Operational Performance

Continental Airlines

12.11.07

Continental Airlines (NYSE: CAL) today reported an October consolidated (mainline plus regional) load factor of 79.5 percent, 0.2 points above the October 2006 consolidated load factor, and a mainline load factor of 79.8 percent, 0.3 points above the October 2006 mainline load factor

HOUSTON -- Both load factors were records for the month. In addition, the carrier reported a domestic mainline load factor of 82.5 percent, 0.6 points below October 2006, and an international mainline load factor of 76.7 percent, 1.3 points above October 2006.

During the month, Continental recorded a U.S. Department of Transportation on-time arrival rate of 80.4 percent and a mainline segment completion factor of 99.6 percent.

In October 2007, Continental flew 7.7 billion consolidated revenue passenger miles (RPMs) and 9.7 billion consolidated available seat miles (ASMs), resulting in a traffic increase of 6.0 percent and a capacity increase of 5.7 percent as compared to October 2006. In October 2007, Continental flew 6.9 billion mainline RPMs and 8.6 billion mainline ASMs, resulting in a mainline traffic increase of 7.3 percent and a mainline capacity increase of 7.0 percent as compared to October 2006. Domestic mainline traffic was 3.7 billion RPMs in October 2007, up 4.6 percent from October 2006, and domestic mainline capacity was 4.5 billion ASMs, up 5.3 percent from October 2006.

For October 2007, consolidated passenger revenue per available seat mile (RASM) is estimated to have increased between 6.0 and 7.0 percent compared to October 2006, while mainline passenger RASM is estimated to have increased between 7.0 and 8.0 percent compared to October 2006. For September 2007, consolidated passenger RASM increased 4.2 percent compared to September 2006, while mainline passenger RASM increased 5.1 percent from September 2006.

Continental's regional operations had an October load factor of 76.9 percent, 0.4 points below the October 2006 load factor. Regional RPMs were 821.5 million and regional ASMs were 1,067.8 million in October 2007, resulting in a traffic decrease of 3.9 percent and a capacity decrease of 3.4 percent versus October 2006.

Continental Airlines is the world's fifth largest airline. Continental, together with Continental Express and Continental Connection, has more than 3,100 daily departures throughout the Americas, Europe and Asia, serving 144 domestic and 138 international destinations. More than 400 additional points are served via SkyTeam alliance airlines. With more than 45,000 employees, Continental has hubs serving New York, Houston, Cleveland and Guam, and together with Continental Express, carries approximately 67 million passengers per year. Continental consistently earns awards and critical acclaim for both its operation and its corporate culture.

For the fourth consecutive year, FORTUNE magazine named Continental the No. 1 World's Most Admired Airline on its 2007 list of World's Most Admired Companies. Continental was also named the No. 1 airline on the publication's 2007 America's Most Admired airline industry list. Additionally, Continental again won major awards at the OAG Airline of the Year Awards including "Best Airline Based in North America" for the fourth year in a row, and "Best Executive/Business Class" for the fifth consecutive year.


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