The Path Forward

Roadmap to Sustained Profitability and Investor Value Proposition • Execute strategic and tactical initiatives to reduce CASM . • Strengthen balance sheet and reduce overall risk profile by aggressively managing leverage • Increase return on invested capital through significant investment in new aircraft, technology, lower CASM and debt reduction • Strong brand, extensive worldwide network and partnerships, and award-winning service 2013 INVESTOR DAY 25 25

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