| Continental Airlines
        has selected a new regional airline partner and a new type of turboprop aircraft to operate as
        Continental Connection from its New York hub at Newark Liberty International Airport. 
 Colgan Air Inc., a subsidiary of Pinnacle Airlines Corp., will operate
        74-seat Bombardier Q400 twin-turboprop aircraft on short and medium-distance routes from Liberty starting in early 2008. “Pinnacle Airlines Corp. and its subsidiary Colgan have the high standards that we expect from our Continental
        Connection service,” said Mark Erwin, Continental’s senior vice president of corporate development.  “Our selection of
        the Q400 aircraft is an important move for us because it addresses our need for efficiency without sacrificing our
        customers’ comfort, and because it is well-suited to the unique operating environment at Newark Liberty.” Continental has entered into a 10-year capacity-purchase agreement with Pinnacle Airlines.  The company will
        acquire 15 new Q400 aircraft which it will operate as Continental Connection through its Colgan subsidiary. See
        other recent news regarding:
        Airlines,
        Continental
        Airlines, Bombardier,
        New
        York
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