Continental Airlines, the Houston-based airline owned by the Texas Air Corporation, said it would add 100 daily flights, increasing its traffic by about 8 percent.

The Houston-based airline said that it anticipated no further cuts in its flight schedules and that its capacity for the winter will be almost the same as in previous years.

In a weekly voice mail message, the chief executive, Gordon Bethune, said that the Houston-based airline had held "very preliminary discussions" with a number of other carriers but that those talks had ended.

Continental Airlines Holdings Inc., the Houston-based airline's parent, filed for protection from creditors in early December, saying it was overwhelmed by its debts and surging fuel prices.

Under the deal, Continental Express, a subsidiary of the Houston-based airline, will buy 75 50-seat jets and 25 37-seat aircraft from Embraer, the leading producer of small passenger jets, by 2003.

Mr. Soros still holds slightly more than one million shares of the Houston-based airline holding company.

Mr. Steinhardt has been actively buying and selling shares of the Houston-based airline holding company since earlier this spring, when he first disclosed that he acquired a 5 percent stake in the company.

Air Partners of Dallas will invest $215 million in Continental and receive 27.5 percent of total equity and 41 percent of the voting stock in the Houston-based airline.

Last October, the Houston-based airline also ordered 60 Boeing 737 jetliners, which are narrow-body planes for shorter flights, to replace some of the older aircraft in its fleet.

Continental Airlines has held discussions with Northwest Airlines and USAir about a possible merger, a spokesman for the Houston-based airline said yesterday.