HOUSTON, Sept. 17, 2001 - Continental Airlines (NYSE: CAL) today announced preliminary details of its previously announced long-term schedule reduction, which is being taken as a direct result of the current and anticipated drop in demand for air travel. Overall Continental and Continental Express (included in all data below) are reducing capacity by 20 percent on a systemwide available seat mile basis.
"These painful steps are necessary for the long-term survival of Continental," said Chairman and CEO Gordon Bethune. "Although these schedule reductions will hurt communities and those who have come to rely on us, we have no choice."
As a result of the changes, Continental's hub activity will be modified as follows:



