|
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 28, 2003 |
|
CONTINENTAL AIRLINES, INC. |
|
(Exact name of registrant as specified in its charter) |
|
Delaware |
1-10323 |
74-2099724 |
|
(State or other jurisdiction |
(Commission File Number) |
(IRS Employer |
|
of incorporation) |
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) |
Item 5. Other Events.
On April 1, 2003, we issued a press release announcing our March performance and our estimated consolidated breakeven load factor for April. The press release is filed herewith as Exhibit 99.1 and is incorporated herein by reference.
On March 28, 2003 Standard and Poor's downgraded our corporate credit rating from B+ to B as well as downgrading the credit rating of certain other major airlines. Reductions in our credit rating in the past have increased the interest we pay, and this reduction and any future reductions may increase the cost and reduce the availability of financing to us in the future.
Item 7. Financial Statements and Exhibits.
|
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. |
|
April 1, 2003 |
By /s/ Jennifer L. Vogel |
|
Jennifer L. Vogel |
|
|
Vice President, General Counsel and Secretary |
|
EXHIBIT INDEX |
|
99.1 |
Press Release |