diveborg:
If Continental is going cancel flights, it won't be until a week or less before the actual flight. Up until that point they will insist that their flights are on schedule. I think the reason they do this is to see how many actual passengers they are going to have on the flight. If it is too few, they will cancel the flight and give some reason other than it isn't profitable to fly with a less than full plane.
Of course I could be wrong, but that is how they behaved last year after Hurricane Ivan destroyed Grand Cayman.
Looks like Continental is allowing for customers to reschedule.
http://www.continental.com/company/travelnotices.asp
Hurricane Wilma
Cancun, Mexico (CUN)
Cozumel, Mexico (CZM)
Original Travel Dates:
Tues., Oct. 18 - Tues., Jan. 15, 2006
Re-schedule/Re-issue Travel by:
Tues., Nov. 29, 2005
You may re-schedule or re-route your travel more than once without penalty.
If you are traveling using a OnePass Reward, redeposit fees will be waived.
You may apply the value of your ticket toward travel to an alternate destination.
You may cancel your reservation and keep the value of your ticket for up to 12 months from the date of issuance. All changes must be made no later than Nov., 29, 2005, otherwise normal change fees will apply.
For non-refundable fares, you may request a refund in the form of an Electronic Travel Certificate (ETC).
For reservations assistance in Mexico, call 01 800 900 5000.