-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UfJkx1hHwYLDldTFsf5Owi0NuOrjpxjgZmA/h2j9KB5eo6Z7X78RnmXln2/pjzdw MQHj9zGrn9BEMJeXT5N8Ig== 0000319687-02-000007.txt : 20020414 0000319687-02-000007.hdr.sgml : 20020414 ACCESSION NUMBER: 0000319687-02-000007 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20020228 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONTINENTAL AIRLINES INC /DE/ CENTRAL INDEX KEY: 0000319687 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 742099724 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10323 FILM NUMBER: 02562891 BUSINESS ADDRESS: STREET 1: 1600 SMITH STREET 3303D STREET 2: DEPT HQSEO CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7133245000 MAIL ADDRESS: STREET 1: 1600 SMITH STREET 3303D STREET 2: DEPT HQSEO CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: PEOPLE EXPRESS AIRLINES INC DATE OF NAME CHANGE: 19890726 8-K 1 f8k022802.htm FORM 8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

 

Date of Report (Date of earliest event reported):

February 28, 2002

 

 

CONTINENTAL AIRLINES, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

0-09781

74-2099724

(State or other jurisdiction

(Commission File Number)

(IRS Employer

of incorporation)

 

Identification No.)

 

1600 Smith Street, Dept. HQSEO, Houston, Texas

77002

(Address of principal executive offices)

(Zip Code)

(713) 324-2950

(Registrant's telephone number, including area code)

Item 5. Other Events.

On February 28, 2002, Continental Airlines, Inc. issued a press release announcing that it would record a special charge in the first quarter of 2002 resulting from the permanent grounding and retirement of its DC-10-30 fleet. The press release is filed herewith as Exhibit 99.1 and is incorporated herein by reference.

Item 7. Financial Statements and Exhibits.

    1. Exhibits

      1. Press Release

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, Continental Airlines, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CONTINENTAL AIRLINES, INC.

 

 

By /s/ Jennifer L. Vogel                           

Jennifer L. Vogel

Vice President and General Counsel

February 28, 2002

EXHIBIT INDEX

 

    1. Press Release

 

 

 

 

EX-99 3 f8k022802e991.htm EXHIBIT 99.1 News Release

EXHIBIT 99.1

News Release

Contact: Corporate Communications

Houston: 713.324.5080

Email: corpcomm@coair.com

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

CONTINENTAL AIRLINES ANNOUNCES

$52 MILLION AIRCRAFT RETIREMENT CHARGE

HOUSTON, Feb. 28, 2002 -- Continental Airlines (NYSE: CAL) today announced the permanent grounding and retirement of its DC-10-30 fleet, resulting in a special charge for leased aircraft of $52 million ($83 million before taxes).

An impairment charge for owned DC-10-30s was included in a special charge recorded by the company in the fourth quarter of 2001. The DC-10-30 fleet was temporarily grounded after the events of Sept. 11, 2001, while the company evaluated its long-term fleet plan.

The company also recently finalized an agreement with Boeing to defer certain aircraft deliveries to 2003 and beyond.

Continental offers its customers the youngest jet fleet in the industry, with an average age of 5.2 years. With the retirement of the DC-10-30 fleet, Continental now flies an international widebody fleet with an average age of only 1.8 years.

###

02033

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-----END PRIVACY-ENHANCED MESSAGE-----