NEW YORK (Standard&Poor's) May 24, 2006--Standard&Poor's Ratings Services today assigned its 'AAA' preliminary rating to Continental Airlines Inc.'s (B/Negative/B-3) $190 million Class G pass-through certificates, and its 'B+' preliminary rating to the $130 million Class B pass-through certificates. The Class G certificates have an expected maturity of June 2, 2013, and a final maturity date of June 2, 2015; the Class B certificates mature June 2, 2013. Final ratings will be assigned upon completion of the review of legal documentation. "The rating on the Class G certificates is based on an insurance policy provided by Financial Guaranty Insurance Co. [AAA/Stable/--]," said Standard&Poor's credit analyst Philip Baggaley. "The rating on the Class B certificates is
