8-K

UNITED STATES

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): March 3, 2008

CONTINENTAL AIRLINES, INC.

(Exact Name of Registrant as Specified in Its Charter)

DELAWARE

(State or Other Jurisdiction of Incorporation)

1-10323	74-2099724
(Commission File Number)	(IRS Employer 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)

______________________________________

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))

	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))

Item 8.01. Other Events.

On March 3, 2008, we issued a press release announcing our February 2008 performance. The press release is filed herewith as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 Press Release for February Performance

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.

March 3, 2008 By  /s/ Lori A. Gobillot       Lori A. Gobillot Staff Vice President and Assistant General Counsel          

EXHIBIT INDEX

99.1 Press Release for February Performance

EX-99.1

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 FEBRUARY 2008

OPERATIONAL PERFORMANCE

HOUSTON, March 3, 2008 - Continental Airlines (NYSE: CAL) today reported a February consolidated (mainline plus regional) load factor of 76.0 percent, 1.0 point below the February 2007 consolidated load factor, and a mainline load factor of 76.0 percent, 1.1 points below the February 2007 mainline load factor. In addition, the carrier reported a domestic mainline load factor of 80.7 percent, unchanged from February 2007, and an international mainline load factor of 71.3 percent, 1.9 points below February 2007.

During the month, Continental recorded a U.S. Department of Transportation on-time arrival rate of 70.2 percent and a mainline segment completion factor of 98.6 percent.

In February 2008, Continental flew 6.8 billion consolidated revenue passenger miles (RPMs) and 8.9 billion consolidated available seat miles (ASMs), resulting in a traffic increase of 4.5 percent and a capacity increase of 5.8 percent as compared to February 2007. In February 2008, Continental flew 6.0 billion mainline RPMs and 7.9 billion mainline ASMs, resulting in a mainline traffic increase of 4.8 percent and a mainline capacity increase of 6.4 percent as compared to February 2007. Domestic mainline traffic was 3.2 billion RPMs in February 2008, up 1.0 percent from February 2007, and domestic mainline capacity was 4.0 billion ASMs, up 1.0 percent from February 2007.

For February 2008, both consolidated and mainline passenger revenue per available seat mile (RASM) are estimated to have increased between 5.0 and 6.0 percent compared to February 2007. For January 2008, both consolidated and mainline passenger RASM increased 9.1 percent compared to January 2007.

Continental's regional operations had a record February load factor of 75.8 percent, 0.3 points above the February 2007 load factor. Regional RPMs were 734.0 million and regional ASMs were 969.0 million in February 2008, resulting in a traffic increase of 1.7 percent and a capacity increase of 1.4 percent versus February 2007.

Continental Airlines is the world's fifth largest airline. Continental, together with Continental Express and Continental Connection, has more than 2,900 daily departures throughout the Americas, Europe and Asia, serving 144 domestic and 139 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 fourth consecutive year, FORTUNE magazine named Continental the No. 1 World's Most Admired Airline on its 2007 list of World's Most Admired Companies. Continental was also named the No. 1 airline on the publication's 2007 America's Most Admired airline industry list. Additionally, Continental again won major awards at the OAG Airline of the Year Awards including "Best Airline Based in North America" for the fourth year in a row, and "Best Executive/Business Class" for the fifth consecutive year. For more company information, visit continental.com.

This press release contains forward-looking statements that are not limited to historical facts, but reflect the company's current beliefs, expectations or intentions regarding future events. All forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. For examples of such risks and uncertainties, please see the risk factors set forth in the company's 2007 10-K and its other securities filings, including any amendments thereto, which identify important matters such as the consequences of the company's high leverage, the significant cost of aircraft fuel, delays in scheduled aircraft deliveries, its high labor and pension costs, service interruptions at one of its hub airports, disruptions to the operations of its regional operators, disruptions in its computer systems, and industry conditions, including the airline pricing environment, industry capacity decisions, industry cons olidation, terrorist attacks, regulatory matters, excessive taxation, the availability and cost of insurance, public health threats, an economic downturn in the U.S. and global economies and the seasonal nature of the airline business. The company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that may arise after the date of this press release, except as required by applicable law.

PRELIMINARY TRAFFIC RESULTS
FEBRUARY		2008		2007	Change
REVENUE PASSENGER MILES (000)
	Domestic		3,227,535	3,194,291	1.0	Percent
	International		2,806,592	2,561,592	9.6	Percent
	Transatlantic		1,290,928	1,140,743	13.2	Percent
	Latin America		977,001	877,064	11.4	Percent
	Pacific		538,663	543,785	-0.9	Percent
	Mainline		6,034,127	5,755,883	4.8	Percent
	Regional		734,042	721,605	1.7	Percent
	Consolidated		6,768,169	6,477,488	4.5	Percent
AVAILABLE SEAT MILES (000)
	Domestic		4,000,174	3,959,221	1.0	Percent
	International		3,936,249	3,501,421	12.4	Percent
	Transatlantic		1,945,939	1,633,576	19.1	Percent
	Latin America		1,220,033	1,122,688	8.7	Percent
	Pacific		770,277	745,157	3.4	Percent
	Mainline		7,936,423	7,460,642	6.4	Percent
	Regional		968,983	955,186	1.4	Percent
	Consolidated		8,905,406	8,415,828	5.8	Percent
PASSENGER LOAD FACTOR
	Domestic		80.7 Percent	80.7 Percent	0.0	Points
	International		71.3 Percent	73.2 Percent	-1.9	Points
	Transatlantic		66.3 Percent	69.8 Percent	-3.5	Points
	Latin America		80.1 Percent	78.1 Percent	2.0	Points
	Pacific		69.9 Percent	73.0 Percent	-3.1	Points
	Mainline		76.0 Percent	77.1 Percent	-1.1	Points
	Regional		75.8 Percent	75.5 Percent	0.3	Points
	Consolidated		76.0 Percent	77.0 Percent	-1.0	Point
ONBOARD PASSENGERS
	Mainline		3,763,301	3,649,358	3.1	Percent
	Regional		1,324,155	1,304,077	1.5	Percent
	Consolidated		5,087,456	4,953,435	2.7	Percent
CARGO REVENUE TON MILES (000)
	Total	85,477		81,076	5.4	Percent

PRELIMINARY TRAFFIC RESULTS
YEAR-TO-DATE		2008		2007	Change
REVENUE PASSENGER MILES (000)
	Domestic		6,558,036	6,551,855	0.1	Percent
	International		5,952,330	5,463,647	8.9	Percent
	Transatlantic		2,760,761	2,445,082	12.9	Percent
	Latin America		2,013,254	1,856,556	8.4	Percent
	Pacific		1,178,315	1,162,009	1.4	Percent
	Mainline		12,510,366	12,015,502	4.1	Percent
	Regional		1,477,963	1,481,244	-0.2	Percent
	Consolidated		13,988,329	13,496,746	3.6	Percent
AVAILABLE SEAT MILES (000)
	Domestic		8,183,145	8,258,177	-0.9	Percent
	International		8,123,365	7,353,445	10.5	Percent
	Transatlantic		4,004,923	3,425,590	16.9	Percent
	Latin America		2,494,093	2,348,122	6.2	Percent
	Pacific		1,624,349	1,579,733	2.8	Percent
	Mainline		16,306,510	15,611,622	4.5	Percent
	Regional		1,994,876	2,005,585	-0.5	Percent
	Consolidated		18,301,386	17,617,207	3.9	Percent
PASSENGER LOAD FACTOR
	Domestic		80.1 Percent	79.3 Percent	0.8	Points
	International		73.3 Percent	74.3 Percent	-1.0	Point
	Transatlantic		68.9 Percent	71.4 Percent	-2.5	Points
	Latin America		80.7 Percent	79.1 Percent	1.6	Points
	Pacific		72.5 Percent	73.6 Percent	-1.1	Points
	Mainline		76.7 Percent	77.0 Percent	-0.3	Points
	Regional		74.1 Percent	73.9 Percent	0.2	Points
	Consolidated		76.4 Percent	76.6 Percent	-0.2	Points
ONBOARD PASSENGERS
	Mainline		7,656,605	7,506,463	2.0	Percent
	Regional		2,663,736	2,658,615	0.2	Percent
	Consolidated		10,320,341	10,165,078	1.5	Percent
CARGO REVENUE TON MILES (000)
	Total	167,817		158,129	6.1	Percent

PRELIMINARY OPERATIONAL AND FINANCIAL RESULTS
FEBRUARY		2008	2007	Change
On-Time Performance 1		70.2%	73.7%	(3.5)	Points
Completion Factor 2		98.6%	99.2%	(0.6)	Points
January 2008 year-over-year consolidated RASM change				9.1	Percent
January 2008 year-over-year mainline RASM change				9.1	Percent
February 2008 estimated year-over-year consolidated RASM change				5.0 - 6.0	Percent
February 2008 estimated year-over-year mainline RASM change				5.0 - 6.0	Percent
February 2008 estimated average price per gallon of fuel, including fuel taxes				2.67	Dollars
First Quarter 2008 estimated average price per gallon of fuel, including fuel taxes				2.75	Dollars
1 Department of Transportation Arrivals within 14 minutes
2 Mainline Segment Completion Percentage
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