EX-99.2 ATTACHMENT A 7 attacha.htm EXHBIIT 99.2 - ATTACHMENT A Date

Attachment A

Continental Airlines' Quarterly Update
 

2002 Estimated

Year-over-Year Percentage Change

ASMs

3rd Qtr.(E)

4th Qtr.(E)

Full Year(E)

Domestic
Latin America
Europe
Pacific
System

Continental Express

(6)%
(1)%
3%
(7)%
(4)%

16%

7%
5%
10%
21%
8%

27%

(6)%
(2)%
(3)%
(4)%
(5)%

16%
 

2002 Estimate

Load Factor

3rd Qtr.(E)

4th Qtr.(E)

Full Year(E)

Continental
Continental Express

77 - 78%
66 - 67%

74 - 75%
65 - 66%

75 - 76%
64 - 65%
 

                  2002 Estimated Year-over-Year Change

Jet Operating Statistics

3rd Qtr.(E)

4th Qtr.(E)

Full Year(E)

CASM
CASM Holding Fuel Price Constant
Fuel Gallons Consumed

Fuel Price (excluding fuel taxes)

(1) - 0%
(1) - 0%
(13) - (12)%

72 - 75 cents

3 - 4%
2 - 3%
3 - 4%

72 - 75 cents

(1) - 0%
0 - 1%
(11) - (10)%

68 - 71 cents

 

 

2002 Estimated Amounts

Financial

3rd Qtr.(E)

4th Qtr.(E)

Full Year(E)

Aircraft Rent
Net Interest Expense
Dividends on Preferred Stock of Trust

$230 Million 
$75 Million 
$2.4 Million

$230 Million 
$75 Million 
$2.4 Million

$919 Million  
$292 Million   
$9.6 Million

 

Fuel Hedges 2002

% of Volume Hedged

Wtd. Average
Strike Price of Caps

Third Quarter
Fourth Quarter

Full Year (Average 3Q - 4Q)

50%
50%

50%

$26.50/Barrel
$26.50/Barrel

Cash Capital Expenditures

2002 Estimated Amounts

Fleet (net of purchase deposits)
Non-Fleet

$135
$140

Million
Million

 

EPS Estimated Share Count

Share count estimates for calculating basic and diluted earnings per share at different income levels for third quarter and full year 2002 are as follows:

Third Quarter 2002 (Millions)

Quarterly

Number of Shares

  

Earnings Level

Basic

Diluted

Interest Addback

Over $35.0

Between $18.5 - $35.0

Under $18.5

64.3

64.3

64.3

73.5

69.3

64.3

$3.6

$1.4

--

Full Year 2002 (Millions)

Year-to-date

Number of Shares

  

Earnings Level

Basic

Diluted

Interest Addback

Over $136.8
Between $72.5 - $136.8

Under $72.5

64.1
64.1
64.1

73.3
69.1
64.1

$14.2

$5.7
--

These share count charts are based upon several assumptions including market stock price and number of shares outstanding. The number of shares used in the actual EPS calculation will likely be different from those set forth above.