COA to add winglets to B737-NGs, B752s

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Continental Airlines Signs Agreement in Principle for Boeing 757-200 &
737-NG Blended Winglets
Monday April 26, 8:18 pm ET

SEATTLE, April 26 /PRNewswire/ -- Aviation Partners Boeing (APB) today
announced that it has entered into an agreement in principle with
Continental Airlines to put Blended Winglets on 11 757-200 and 11
737-800 aircraft. The agreement, which is subject to certain conditions,
includes options for additional winglets. Continental could potentially
install Blended Winglets on its entire 757-200, 737-800 and 737-700
fleets -- which will eventually comprise over 200 aircraft.

Blended Winglet Technology from APB, a joint venture between Aviation
Partners Inc. and The Boeing Company, should provide up to 5% savings in
fuel burn. As the 757-200 program's launch customer, Continental will
play a significant role during the certification flight testing which is
scheduled to conclude with winglets installed and in service by June of
2005.

APB CEO Mike Marino explains that the agreement is the proverbial
win-win situation for both parties. "We've found a way to put winglets
on Continental's aircraft that makes economic sense for them and us.
Also, I think this order is a very important step in Aviation Partners
Boeing's growth. We hope that soon, seeing a Boeing commercial aircraft
that has not been equipped with this performance enhancing technology
will be the exception."

APB believes that the Blended Winglet advantage for the 757-200 promises
to be a level of magnitude more dramatic, in terms of fuel savings, than
what's being achieved today with the 737-700/800 program. As the 757-200
is a heavier aircraft that flies longer average missions, operators
should enjoy larger fuel and operating cost savings.

"Without exception, every 757-200 operator we've talked to is excited
about this program. In a way, the winglet technology revitalizes the
757-200 which has provided years of outstanding service for many
airlines throughout the world," says Aviation Partners Boeing Sales
Director Patrick LaMoria.

BL.
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Brad Littlejohn | Email:
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