United Airlines 8-K Continental Airlines Reports March 2006

EXHIBIT 99.1

News Release

Contact:Corporate Communications

Houston:713.324.5080

Email: corpcomm@coair.com

News archive:continental.com/company/news/Address: P.O. Box 4607, Houston, TX 77210-4607

CONTINENTAL AIRLINES REPORTS MARCH 2006

OPERATIONAL PERFORMANCE

HOUSTON, April 3, 2006 - Continental Airlines (NYSE: CAL) today reported a March consolidated (mainline plus regional) load factor of 81.2 percent, 0.7 points above last year's March consolidated load factor. The carrier reported a mainline load factor of 81.8 percent, 0.5 points above the March 2005 mainline load factor, and a domestic mainline load factor of 83.4 percent, 1.2 points above March 2005. All three were records for March. In addition, the airline had an international mainline March load factor of 79.8 percent, 0.3 points below March 2005.

During the month, Continental recorded a U.S. Department of Transportation on-time arrival rate of 71.0 percent and a systemwide mainline completion factor of 99.7 percent.

In March 2006, Continental flew 7.7 billion consolidated revenue passenger miles (RPMs) and 9.5 billion consolidated available seat miles (ASMs), resulting in a traffic increase of 11.2 percent and a capacity increase of 10.1 percent as compared to March 2005. In March 2006, Continental flew 6.8 billion mainline RPMs and 8.3 billion mainline ASMs, resulting in a mainline traffic increase of 10.2 percent and a mainline capacity increase of 9.5 percent as compared to March 2005. Domestic mainline traffic was 3.7 billion RPMs in March 2006, up 4.9 percent from March 2005, and domestic mainline capacity was 4.5 billion ASMs, up 3.3 percent from March 2005.

For the month of March 2006, consolidated passenger revenue per available seat mile (RASM) is estimated to have increased between 7.0 and 8.0 percent compared to March 2005, while mainline passenger RASM is estimated to have increased between 4.5 and 5.5 percent compared to March 2005.  For February 2006, consolidated passenger RASM increased 8.5 percent compared to February 2005 while mainline passenger RASM increased 6.7 percent from February 2005.

Continental ended the first quarter 2006 with unrestricted cash and short-term investments of approximately $2.01 billion.

Continental's regional operations (Continental Express) had a record March load factor of 77.5 percent, 3.3 points above last year's March load factor. Regional RPMs were 891 million and regional ASMs were 1,149 million in March 2006, resulting in a traffic increase of 19.4 percent and a capacity increase of 14.4 percent versus March 2005.

Continental Airlines is the world's sixth-largest airline. Continental, together with Continental Express and Continental Connection, has more than 3,100 daily departures throughout the Americas, Europe and Asia, serving 151 domestic and 133 international destinations - more than any other carrier in the world. More than 400 additional points are served via SkyTeam alliance airlines. With more than 42,000 employees, Continental has hubs serving New York, Houston, Cleveland and Guam, and together with Continental Express, carries approximately 61 million passengers per year. Continental consistently earns awards and critical acclaim for both its operation and its corporate culture.

For the third consecutive year, FORTUNE magazine named Continental the No. 1 Most Admired Global Airline on its 2006 list of Most Admired Global Companies. Continental was also named the No. 1 airline on the publication's 2006 America's Most Admired airline industry list. In 2005, Continental again won major awards at the OAG Airline of the Year Awards including "Airline of the Year" and "Best Airline Based in North America" for the second consecutive year, and "Best Executive/Business Class" for the third consecutive year. For more company information, visit continental.com.

PRELIMINARY TRAFFIC RESULTS
MARCH			2006		2005		Change
REVENUE PASSENGER MILES (000)
		Domestic	3,745,395		3,571,219		4.9		Percent
		International	3,053,371		2,599,909		17.4		Percent
		Transatlantic	1,396,606		1,194,678		16.9		Percent
		Latin America	990,516		873,053		13.5		Percent
		Pacific	666,249		532,179		25.2		Percent
		Mainline	6,798,766		6,171,128		10.2		Percent
		Regional	891,063		746,054		19.4		Percent
		Consolidated	7,689,829		6,917,183		11.2		Percent
AVAILABLE SEAT MILES (000)
		Domestic	4,489,270		4,344,560		3.3		Percent
		International	3,826,689		3,247,279		17.8		Percent
		Transatlantic	1,769,530		1,438,806		23.0		Percent
		Latin America	1,231,650		1,101,040		11.9		Percent
		Pacific	825,509		707,434		16.7		Percent
		Mainline	8,315,959		7,591,840		9.5		Percent
		Regional	1,149,345		1,004,967		14.4		Percent
		Consolidated	9,465,304		8,596,807		10.1		Percent
PASSENGER LOAD FACTOR
		Domestic	83.4 Percent		82.2 Percent		1.2		Points
		International	79.8 Percent		80.1 Percent		-0.3		Points
		Transatlantic	78.9 Percent		83.0 Percent		-4.1		Points
		Latin America	80.4 Percent		79.3 Percent		1.1		Points
		Pacific	80.7 Percent		75.2 Percent		5.5		Points
		Mainline	81.8 Percent		81.3 Percent		0.5		Points
		Regional	77.5 Percent		74.2 Percent		3.3		Points
		Consolidated	81.2 Percent		80.5 Percent		0.7		Points
ONBOARD PASSENGERS
		Mainline	4,323,402		4,078,136		6.0		Percent
		Regional	1,578,415		1,346,897		17.2		Percent
		Consolidated	5,901,818		5,425,033		8.8		Percent
CARGO REVENUE TON MILES (000)
		Total	98,866		93,727		5.5		Percent
PRELIMINARY TRAFFIC RESULTS
YEAR-TO-DATE			2006	2005		Change
REVENUE PASSENGER MILES (000)
	Domestic		9,968,726	9,161,367		8.8		Percent
	International		8,049,421	6,997,743		15.0		Percent
	Transatlantic		3,550,703	2,987,185		18.9		Percent
	Latin America		2,697,336	2,445,888		10.3		Percent
	Pacific		1,801,382	1,564,670		15.1		Percent
	Mainline		18,018,147	16,159,110		11.5		Percent
	Regional		2,317,954	1,952,690		18.7		Percent
	Consolidated		20,336,101	18,111,800		12.3		Percent
AVAILABLE SEAT MILES (000)
	Domestic		12,308,572	11,659,233		5.6		Percent
	International		10,725,657	9,186,378		16.8		Percent
	Transatlantic		4,845,140	3,950,414		22.6		Percent
	Latin America		3,475,827	3,166,501		9.8		Percent
	Pacific		2,404,690	2,069,463		16.2		Percent
	Mainline		23,034,229	20,845,611		10.5		Percent
	Regional		3,081,950	2,739,940		12.5		Percent
	Consolidated		26,116,179	23,585,551		10.7		Percent
PASSENGER LOAD FACTOR
	Domestic		81.0 Percent	78.6 Percent		2.4		Points
	International		75.0 Percent	76.2 Percent		-1.2		Points
	Transatlantic		73.3 Percent	75.6 Percent		-2.3		Points
	Latin America		77.6 Percent	77.2 Percent		0.4		Points
	Pacific		74.9 Percent	75.6 Percent		-0.7		Points
	Mainline		78.2 Percent	77.5 Percent		0.7		Points
	Regional		75.2 Percent	71.3 Percent		3.9		Points
	Consolidated		77.9 Percent	76.8 Percent		1.1		Points
ONBOARD PASSENGERS
	Mainline		11,487,932	10,599,130		8.4		Percent
	Regional		4,106,919	3,523,680		16.6		Percent
	Consolidated		15,594,851	14,122,810		10.4		Percent
CARGO REVENUE TON MILES (000)
	Total		262,984	260,724		0.9		Percent

PRELIMINARY OPERATIONAL AND FINANCIAL RESULTS
MARCH	2006		2005	Change
On-Time Performance1	71.0%		72.9%	(1.9)	Points
Completion Factor2	99.7%		99.7%	0.0	Points
February 2006 year-over-year consolidated RASM change				8.5	Percent
February 2006 year-over-year mainline RASM change				6.7	Percent
March 2006 estimated year-over-year consolidated RASM change				7.0-8.0	Percent
March 2006 estimated year-over-year mainline RASM change				4.5-5.5	Percent
March 2006 estimated average price per gallon of fuel, including fuel taxes				1.91	Dollars
First Quarter 2006 estimated average price per gallon of fuel, including fuel taxes				1.90	Dollars
1 Department of Transportation Arrivals within 14 minutes
2 Mainline Mileage Completion Percentage
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