*update*
From one of our CP's last week. None of the following are my words, and it has not been edited by me either:

The Company is looking for some of the ATA 757-300.

We may delay 7 B737 deliveries this year due to galley manufacturer difficulties.

May bid should be flat, COLAS will be offered.

Overall increase of about 17 airframes with current orders.

Plan is to grow the Airline at about 2-3% vs previous plan of 5-7%.

No more hiring for 2008. If we do resume, it will not be before early 2009.

Fuel costs have risen over $360 million from 1st quarter of 2007 to 1st quarter of 2008.

See current earnings release for specific numbers.

6 – 8 months for Government approval of DAL NWA merger.

We do not have a deal with UAL. We purposely have not spoken to them in order not to fuel the merger mania.

Current landscape is changing. The Company is reviewing all alternatives do ensure our continued success.

The Company is reviewing our Sky Team participation. We now have the flexibility to make other decisions.

The Company is looking at options to raise cash, to maintain a strong cash balance. The sale of COPA stock may be an option.

Continental’s intent is to remain Independent.