SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                         ------------------------------


                    Under the Securities Exchange Act of 1934

                                  SCHEDULE 13G
                                 Amendment No. 1

             INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934




                            Continental Airlines Inc.
                            -------------------------
                                (Name of Issuer)



                                  Common Stock
                                  ------------
                         (Title of Class of Securities)



                                    210796308
                                    ---------
                                 (CUSIP Number)



                               September 30, 2001
     -----------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)



Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

      |X|  Rule 13d-1(b)
      |_|  Rule 13d-1(c)
      |_|  Rule 13d-1(d)


                               ------------------


                                Page 1 of 6 Pages



                                  SCHEDULE 13G

CUSIP No. 210796308                                          Page 2 of 6 Pages
------------------------------------------------------------------------------

1)     NAME OF REPORTING PERSON
       S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Gilder, Gagnon, Howe & Co. LLC
       13-3174112
--------------------------------------------------------------------------------
2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) |_|

                                                                 (b) |_|
--------------------------------------------------------------------------------
3)     SEC USE ONLY


--------------------------------------------------------------------------------
4)     CITIZENSHIP OR PLACE OF ORGANIZATION

       New York
--------------------------------------------------------------------------------
       NUMBER            5)     SOLE VOTING POWER
       OF                       None
       SHARES          ---------------------------------------------------------
       BENEFICIALLY      6)     SHARED VOTING POWER
       OWNED BY                 None
       EACH            ---------------------------------------------------------
       REPORTING         7)     SOLE DISPOSITIVE POWER
       PERSON                   None
       WITH            ---------------------------------------------------------
                         8)     SHARED DISPOSITIVE POWER
                                3,538,238
--------------------------------------------------------------------------------
9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       3,538,238
--------------------------------------------------------------------------------
10)    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES


--------------------------------------------------------------------------------
11)    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

       6.47%
--------------------------------------------------------------------------------
12)    TYPE OF REPORTING PERSON

       BD
--------------------------------------------------------------------------------


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                                  Schedule 13G

Item 1(a).  Name of Issuer:

Continental Airlines Inc.

Item 1(b).  Address of Issuer's Principal Executive Offices:

1600 Smith Street, Department HQSEO
Houston, TX  77002

Item 2(a).  Name of Person Filing:

Gilder, Gagnon, Howe & Co. LLC

Item 2(b).  Address of Principal Business Office or, if None, Residence:

1775 Broadway, 26th Floor
New York, NY  10019

Item 2(c).  Citizenship:

New York

Item 2(d).  Title of Class of Securities:

Common Stock

Item 2(e).  CUSIP Number:

210796308

Item 3. If this statement is filed pursuant to ss.ss. 240.13d-1(b), or
240.13d-2(b) or (c), check whether the person filing is a:

            (a)   [x]   Broker or Dealer  Registered Under Section 15 of the Act
                        (15 U.S.C. 78o)

            (b)   |_|   Bank as defined in section 3(a)(6) of the Act (15 U.S.C.
                        78c)

            (c)   |_|   Insurance  Company as defined in section 3(a)(19) of the
                        Act (15 U.S.C. 78c)

            (d)   |_|   Investment  Company  registered  under  section 8 of the
                        Investment Company Act of 1940 (15 U.S.C. 80a-8)

            (e)   |_|   Investment     Adviser     in     accordance     withss.
                        240.13d-1(b)(1)(ii)(E)

            (f)   |_|   Employee  benefit plan or endowment  fund in  accordance
                        withss.240.13d-1(b)(1)(ii)(F)

            (g)   |_|   Parent  Holding  Company or control person in accordance
                        withss.240.13d-1(b)(ii)(G)


                                      -3-



            (h)   |_|   Savings  Association as defined inss.3(b) of the Federal
                        Deposit Insurance Act (12 U.S.C. 1813)

            (i)   |_|   Church plan that is excluded  from the  definition of an
                        investment  company under  ss.3(c)(15) of the Investment
                        Company Act of 1940 (15 U.S.C. 80a-3)

            (j)   |_|   Group, in accordance withss.240.13d-1(b)(ii)(J)

Item 4.     Ownership.

            (a)         Amount beneficially owned:  3,538,238

            (b)         Percent of class:  6.47%

            (c)         Number of shares as to which such person has:

                  (i)   Sole power to vote or to direct the vote:  None

                  (ii)  Shared power to vote or to direct the vote:  None

                  (iii) Sole power to dispose or to direct the disposition
                        of:  None

                  (iv)  Shared power to dispose or to direct the disposition
                        of:  3,538,238

            The shares reported include 3,311,644 shares held in customer
            accounts over which partners and/or employees of the Reporting
            Person have discretionary authority to dispose of or direct the
            disposition of the shares, and 226,594 shares held in accounts owned
            by the partners of the Reporting Person and their families.

Item 5.     Ownership of Five Percent or Less of a Class.

None

Item 6.     Ownership of More than Five Percent on Behalf of Another Person.

The owners of the accounts in which the shares reported on this Schedule are
held have the right to receive or the power to direct the receipt of dividends
from, or the proceeds from the sale of, such securities

Item 7.     Identification  and  Classification of the Subsidiary Which Acquired
            the Security Being Reported on by the Parent Holding Company.

Not applicable


                                      -4-



Item 8.     Identification and Classification of Members of the Group.

Not applicable

Item 9.     Notice of Dissolution of Group.

Not applicable

Item 10.    Certification.

            By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.


                                      -5-



                                    SIGNATURE


         After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.


                                      October 10, 2001
                                    ------------------------------------
                                        Date


                                      /s/ Walter Weadock
                                    -------------------------------------
                                        Signature


                                      Walter Weadock, Member
                                    -------------------------------------
                                        Name/Title



                                      -6-