Continued Strong EBITDAR Margins

Growth Directed to International Markets Over 90% of growth in last several years has been directed at U.S. and international markets Launched close to 50 U.S. and international routes since 2016 International and U.S. routes now. represent 67% of total passenger revenue Network diversification strategy lowers overall risk Increased international connecting traffic by over 20% in 2016 versus 2015 9

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