News Releases

 Continental Airlines Honors America's Veterans, Active Duty, National Guard,

Reserve and Their Families With Airline Discount Benefit, Including Frequent

                             Flyer Program Bonus

HOUSTON, Nov. 4 /PRNewswire-FirstCall/ -- Veterans Advantage (http://veteransadvantage.com ), a nationwide card membership program providing new benefits for Veterans and their families, and Continental Airlines (NYSE: CAL) today announced a five percent discount on all Continental tickets booked at continental.com, plus a frequent flyer award bonus for Veterans Advantage members.

All U.S. military veterans and active duty military from any branch or period of service, including National Guard and Reservists, and their "next of kin" family are eligible to participate in this new Veterans Advantage airline program.

Veterans Advantage members can also receive benefits from Continental's OnePass Frequent Flyer Program. Veterans Advantage members who join OnePass will earn 3,000 OnePass bonus miles the first time they fly on tickets purchased at continental.com with their Veterans Advantage discount. This offer includes the standard online offer of 1,000 bonus miles, plus an additional 2,000 bonus miles.

"We are honored to have created a special way to thank America's Veterans as well as the service of their family members," said Jim Compton, Continental's Executive Vice President - Marketing. "At Continental, we are proud to be launching a partnership that gives us the opportunity to be the air travel provider of choice for this worthy group of Americans. We believe this valuable offer will greatly enhance the effectiveness of our Web site by reaching those military and veterans, and their families, who plan to book air travel."

All Veterans Advantage members will get access to unique PIN codes to use on Continental's Web site, continental.com. "For our military and veterans seeking cheap airfare for their travel needs, Veterans Advantage views its partnership with Continental as a powerful symbol of appreciation from a global leader in the airline industry," said H. Scott Higgins, CEO of Veterans Advantage. "Continental Airlines is a patriotic company from the top down, and with this offer becomes the Official Airline of Veterans Advantage. We encourage all eligible to take advantage of this special program."

Veterans Advantage provides travel and entertainment savings, home and office discounts, and health and wellness benefits for those who serve the country and their "next of kin" family members, including the spouse, mother, father, son or daughter of the veteran or active-duty military member who may also enroll and receive benefits. Once a member, they receive an unparalleled benefits package from top corporations, who provide member savings on hotels, dining, prescription drugs, computers, fitness centers, wireless telecommunications, among others.

More information is available on the Continental Web site at www.continental.com as well as at the Veterans Advantage member site at www.veteransadvantage.com .

                          About Continental Airlines

Continental Airlines is the world's sixth-largest airline with more than 3,000 daily departures throughout the Americas, Europe and Asia. Continental serves 151 domestic and 120 international destinations -- more than any other airline in the world -- and nearly 400 additional points are served via SkyTeam alliance airlines. With more than 41,000 employees, the airline has hubs serving New York, Houston, Cleveland and Guam, and carries approximately 51 million passengers per year. In 2004, Continental has earned awards and critical acclaim for both its operation and its corporate culture. FORTUNE ranks Continental one of the 100 Best Companies to Work For in America, an honor it has earned for six consecutive years, and also ranks Continental as the top airline in its Most Admired Global Companies in 2004. The carrier won major awards at the 2004 OAG Airline of the Year Awards including "Airline of the Year," "Best Airline Based in North America" and "Best Executive/Business Class." For more company information, visit continental.com. Continental CEO Gordon Bethune, a U.S. Navy Veteran, was named a "Top Vet" in January 2004, an award program sponsored by Veterans Advantage, citing his military service and business accomplishments.

                           About Veterans Advantage

Veterans Advantage is the largest nationwide card membership program delivering new recognition and rewards for U.S. Military Veterans, Active Duty Military, National Guard, Reservists and their families. The membership program provides special offers and money-saving benefits to thank them for their service to the country. Members are eligible for valuable offers on rail travel from Amtrak, PC systems and electronics from Dell Computer, MacIntosh system hardware and software, and iPods from Apple Computer, home loans from Greenpoint Financial, rental cars from major car rental companies including Ford Motor Co.'s Hertz Corp., Enterprise, ANC Rental Corporation's National Car Rental and Alamo, Cendant Corporation's Avis and Budget Rent a Car, special rates at Days Inn, Ramada, Howard Johnson's, Knights Inn, Travelodge, Wingate Inn, Anheuser-Busch Company's Busch Gardens and Sea World, Blockbuster Inc., AMC Entertainment, Inc., hotel discounts and vacation rentals from Hotels.com, an operating business of IAC/Interactive Corp, prescription drug discounts from Advance PCS, a division of Caremark RX, Inc., discounts on National Park Resorts from Aramark Corp, discount phone services from Cognigen Networks, Inc., interstate moving discounts from Global and North American Van Lines, both SIRVA companies, (the world's largest relocation company), ground and air shipping from DHL Holdings(USA), Inc. and The Golf Warehouse, an official PGA TOUR Retail and Consumer Marketing Licensee which powers PGATour.com. Its newest partners are XM Satellite Radio, Reebok Outlets, a Division of Reebok International Ltd., offering discounts at its Reebok, Greg Norman, Rockport, and Ralph Lauren Footwear Outlets, and GlobalFit for discounts on fitness club memberships nationwide. To enroll, visit http://www.veteransadvantage.com or call toll-free 1-866-VET-REWARDS. AOL Keyword: Veterans Advantage.

SOURCE  Continental Airlines; Veterans Advantage
    -0-                             11/04/2004
    /CONTACT:  Corporate Communications of Continental Airlines,
+1-713-324-5080, or corpcomm@coair.com ; or Roy Asfar, Marketing Director of
Veterans Advantage, +1-203-422-2526 ext. 21/
    /Web site:  http://www.continental.com
                http://continental.com/company/news
                http://veteransadvantage.com /
    (CAL)

CO:  Continental Airlines; Veterans Advantage
ST:  Texas
IN:  AIR TRA LEI
SU:

AW-CD 
-- DATH012 --
2499 11/04/2004 10:00 EST http://www.prnewswire.com