CONTINENTAL AIRLINES NAMED BEST NORTH AMERICAN AIRLINE FOR FIFTH STRAIGHT YEAR AT OAG AWARDS

CONTINENTAL AIRLINES NAMED BEST NORTH AMERICAN AIRLINE FOR FIFTH
STRAIGHT YEAR AT OAG AWARDS

Continental also awarded “Best Airline Finance Deal”

HOUSTON, June 18, 2008 – Continental Airlines (NYSE: CAL) today
announced that it was named the “Best Airline in North America” at the
2008 OAG Airline of the Year Awards. This is the fifth straight year
that Continental has received the award.

In addition, Continental was awarded the “Best Airline Finance
Deal,” a new award category, recognizing the success of the airline’s
April 2007 financing transaction, which raised $1.1 billion for the
purchase of 30 new 737NG aircraft delivering in 2008.

The awards are based on votes by frequent flyers around the
world who subscribe to OAG print and electronic travel information
products. Bob Schumacher, Continental’s Senior Director for the
United Kingdom and Ireland, accepted the awards on behalf of the
airline at the ceremony in London.

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 145 domestic and 138 international
destinations. More than 550 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 69 million passengers per
year.

Continental consistently earns awards and critical acclaim for
both its operation and its corporate culture. For the fifth
consecutive year, FORTUNE magazine named Continental the No. 1 World’s
Most Admired Airline on its 2008 list of World’s Most Admired
Companies.

From Australia, Continental operates two weekly B737-800 flights
between Cairns and Guam, with onward service to the US, Japan and the
islands of Micronesia. And as a member of the global SkyTeam alliance,
Continental can also add these route options for round-the-world
travellers.

In Australia, Continental Airlines is represented by World
Aviation Systems (www.worldaviation.com.au). For further information
or to make a booking, please call 1300 737 640.#