Continental Airlines Reports November 2007 Operational Performance

In addition, the carrier reported a domestic mainline load factor of 83.1 percent, 1.1 points below November 2006, and an international mainline load factor of 77.3 percent, 0.1 points below November 2006.

During the month, Continental recorded a U.S. Department of Transportation on-time arrival rate of 78.0 percent and a mainline segment completion factor of 99.8 percent.

In November 2007, Continental flew 7.4 billion consolidated revenue passenger miles (RPMs) and 9.2 billion consolidated available seat miles (ASMs), resulting in a traffic increase of 4.6 percent and a capacity increase of 5.3 percent as compared to November 2006. In November 2007, Continental flew 6.6 billion mainline RPMs and 8.2 billion mainline ASMs, resulting in a mainline traffic increase of 5.8 percent and a mainline capacity increase of 6.8 percent as compared to November 2006. Domestic mainline traffic was 3.6 billion RPMs in November 2007, up 2.6 percent from November 2006, and domestic mainline capacity was 4.4 billion ASMs, up 4.0 percent from November 2006.

In light of the recent significant rise in the cost of jet fuel, the company has lowered it capacity growth estimate for full year 2008. The company currently expects to grow its mainline capacity 2 percent to 3 percent in 2008, down from its previous guidance of 3 percent to 4 percent. The company expects its 2008 mainline domestic capacity to be down slightly for the year.

For November 2007, consolidated passenger revenue per available seat mile (RASM) is estimated to have increased between 7.0 and 8.0 percent compared to November 2006, while mainline passenger RASM is estimated to have increased between 7.5 and 8.5 percent compared to November 2006. For October 2007, consolidated passenger RASM increased 6.5 percent compared to October 2006, while mainline passenger RASM increased 7.3 percent from October 2006. Continental's regional operations had a record November load factor of 77.7 percent, 0.4 points above the November 2006 load factor. Regional RPMs were 785.0 million and regional ASMs were 1,010.0 million in November 2007, resulting in a traffic decrease of 4.6 percent and a capacity decrease of 5.1 percent versus November 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.

                         PRELIMINARY TRAFFIC RESULTS

  NOVEMBER                                2007          2006       Change

  REVENUE PASSENGER MILES (000)

      Domestic                         3,622,394     3,531,712   2.6 Percent



      International                    2,943,357     2,673,910  10.1 Percent

      Transatlantic                    1,518,980     1,326,422  14.5 Percent

      Latin America                      821,060       772,127   6.3 Percent

      Pacific                            603,317       575,361   4.9 Percent



      Mainline                         6,565,751     6,205,622   5.8 Percent

      Regional                           785,014       822,818  -4.6 Percent

      Consolidated                     7,350,765     7,028,440   4.6 Percent

  AVAILABLE SEAT MILES (000)

      Domestic                         4,361,285     4,193,212   4.0 Percent



      International                    3,805,619     3,454,477  10.2 Percent

      Transatlantic                    1,975,055     1,705,811  15.8 Percent

      Latin America                    1,028,432       982,499   4.7 Percent

      Pacific                            802,132       766,167   4.7 Percent



      Mainline                         8,166,904     7,647,689   6.8 Percent

      Regional                         1,010,028     1,064,690  -5.1 Percent

      Consolidated                     9,176,932     8,712,379   5.3 Percent



  PASSENGER LOAD FACTOR

      Domestic                      83.1 Percent  84.2 Percent  -1.1 Points



      International                 77.3 Percent  77.4 Percent  -0.1 Points

      Transatlantic                 76.9 Percent  77.8 Percent  -0.9 Points

      Latin America                 79.8 Percent  78.6 Percent   1.2 Points

      Pacific                       75.2 Percent  75.1 Percent   0.1 Points



      Mainline                      80.4 Percent  81.1 Percent  -0.7 Points

      Regional                      77.7 Percent  77.3 Percent   0.4 Points

      Consolidated                  80.1 Percent  80.7 Percent  -0.6 Points

  ONBOARD PASSENGERS

      Mainline                         4,049,188     3,956,002   2.4 Percent

      Regional                         1,453,061     1,487,158  -2.3 Percent

      Consolidated                     5,502,249     5,443,160   1.1 Percent

  CARGO REVENUE TON MILES (000)

      Total                               93,086        91,525   1.7 Percent







                         PRELIMINARY TRAFFIC RESULTS

  YEAR-TO-DATE                          2007           2006        Change

  REVENUE PASSENGER MILES (000)

      Domestic                       41,663,896     39,572,704   5.3 Percent



      International                  35,814,161     32,999,298   8.5 Percent

      Transatlantic                  18,593,411     16,460,823  13.0 Percent

      Latin America                  10,198,420      9,702,863   5.1 Percent

      Pacific                         7,022,330      6,835,612   2.7 Percent



      Mainline                       77,478,057     72,572,002   6.8 Percent

      Regional                        9,063,304      9,460,010  -4.2 Percent

      Consolidated                   86,541,361     82,032,012   5.5 Percent

  AVAILABLE SEAT MILES (000)

      Domestic                       49,553,311     47,225,358   4.9 Percent



      International                  44,922,409     42,156,314   6.6 Percent

      Transatlantic                  23,328,808     20,894,638  11.6 Percent

      Latin America                  12,602,633     12,347,765   2.1 Percent

      Pacific                         8,990,968      8,913,911   0.9 Percent



      Mainline                       94,475,720     89,381,672   5.7 Percent

      Regional                       11,573,181     12,128,572  -4.6 Percent

      Consolidated                  106,048,901    101,510,244   4.5 Percent



  PASSENGER LOAD FACTOR

      Domestic                      84.1 Percent  83.8 Percent  0.3 Points



      International                 79.7 Percent  78.3 Percent  1.4 Points

      Transatlantic                 79.7 Percent  78.8 Percent  0.9 Points

      Latin America                 80.9 Percent  78.6 Percent  2.3 Points

      Pacific                       78.1 Percent  76.7 Percent  1.4 Points



      Mainline                      82.0 Percent  81.2 Percent  0.8 Points

      Regional                      78.3 Percent  78.0 Percent  0.3 Points

      Consolidated                  81.6 Percent  80.8 Percent  0.8 Points

  ONBOARD PASSENGERS

      Mainline                       46,814,413    44,655,652   4.8 Percent

      Regional                       16,538,134    16,810,384  -1.6 Percent

      Consolidated                   63,352,547    61,466,036   3.1 Percent

  CARGO REVENUE TON MILES (000)

      Total                             945,723       982,092  -3.7 Percent







                PRELIMINARY OPERATIONAL AND FINANCIAL RESULTS

  NOVEMBER                           2007      2006            Change

  On-Time Performance (1)            78.0%     76.4%         1.6 Points

  Completion Factor (2)              99.8%     99.7%         0.1 Points

  October 2007 year-over-year

   consolidated RASM change                                  6.5 Percent

  October 2007 year-over-year

   mainline RASM change                                      7.3 Percent

  November 2007 estimated

   year-over-year consolidated

   RASM change                                         7.0 - 8.0 Percent

  November 2007 estimated

   year-over-year mainline

   RASM change                                         7.5 - 8.5 Percent

  November 2007 estimated

   average price per gallon of

   fuel, including fuel taxes                               2.51 Dollars

  Fourth Quarter 2007 estimated

   average price per gallon of

   fuel, including fuel taxes                               2.46 Dollars



  (1)  Department of Transportation Arrivals within 14 minutes

  (2)  Mainline Segment Completion Percentage

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