Continental Airlines and Its Fleet Service Employees Reach Tentative Agreement on New Labor Contract

CHICAGO and HOUSTON, Nov. 29, 2010

United Continental Holdings, Inc. (NYSE: UAL) today announced that Continental Airlines has reached a tentative agreement on a new labor contract with the International Brotherhood of Teamsters (IBT) representing Continental fleet service employees. The IBT is expected to hold a ratification vote in the coming weeks.

“This tentative agreement is the product of a lot of hard work by the negotiating committees, and I’m pleased that the Continental ramp, cargo and airport operations agents have the opportunity to ratify an agreement that is fair to our co-workers and fair to the company,” said Scott Dolan, senior vice president of Airport Operations at United. “We look forward to continuing the productive working relationship with the Teamsters.”

The agreement covers approximately 7,000 Continental fleet service employees located throughout the United States.

About Continental Airlines

Continental Airlines is a wholly owned subsidiary of United Continental Holdings, Inc. (NYSE: UAL). Continental, together with Continental Express and Continental Connection, has more than 2,400 daily departures throughout the Americas, Europe and Asia, serving 142 domestic and 131 international destinations. Continental is a member of Star Alliance, which overall offers 21,000 daily flights to 1,160 airports in 181 countries. Continental has hubs serving Cleveland, Guam, Houston and New York/Newark Liberty, and together with its regional partners, carries approximately 63 million passengers per year.

United Continental Holdings, Inc.became the holding company for both United and Continental upon close of the merger transaction.The two airlines will operate separately as they begin to integrate key customer services, marketing activities and airport processes. For more company information, go to continental.com and follow on Twitter and Facebook.

SOURCE United Continental Holdings, Inc.

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    SOURCE United Continental Holdings, Inc.

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