August 7, 2009 (FinancialWire) — Continental Airlines, Inc. (NYSE: CAL) has priced a public offering of 14.4 million shares of its class B common stock. Goldman, Sachs & Co. (NYSE: GS) is acting as sole underwriter.

The airline said it expects the issuance and delivery of the shares to occur on August 12.

Houston-based Continental Airlines, together with Continental Express and Continental Connection, has more than 2,750 daily departures throughout the Americas, Europe and Asia, serving 133 domestic and 132 international destinations.

The company has more than 43,000 employees, and has hubs serving New York, Houston, Cleveland and Guam.

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