Continental Flight Attendants Set to Vote

Continental Airlines Flight Attendants will begin voting January 18, 2006 on a tentative agreement reached with the Houston-based airline last month.

 The terms of the four-year tentative agreement include preservation of wage rates and progressions for current Flight Attendants; top base pay rate increased to $50 per hour prior to amendable date; no furloughs for Flight Attendants and participation in profit sharing and stock option plans.

The airline also agreed to contribute to the IAM National Pension Plan (NPP) on behalf of Continental Airlines Flight Attendants. Activating the NPP would be at the discretion of the IAM and its members, however, the plan would be activated immediately if the current Continental Airlines Retirement Plan is frozen or terminated.

Voting will be concluded January 29, 2006.