CONTINENTAL AIRLINES INC /DE/
EXHIBIT 10.13
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<TYPE>EX-10.13
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<FILENAME>fexhibit1013.htm
<DESCRIPTION>EXHIBIT 10.13
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<TITLE>EXHIBIT 10</TITLE>
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<P ALIGN="RIGHT">EXHIBIT 10.13</P>
<P>ExpressJet Holdings, Inc.<BR>
XJT Holdings, Inc.<BR>
ExpressJet Airlines, Inc.<BR>
Attn.: Frederick S. Cromer<BR>
Chief Financial Officer<BR>
1600 Smith Street, HQSCE<BR>
Houston, TX 77002<BR>
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<B><P ALIGN="JUSTIFY">Fourth Amendment to the Capacity Purchase Agreement</P>
<P><BR>
</B>Ladies and Gentlemen:<BR>
</P>
<P ALIGN="JUSTIFY">As you are aware, ExpressJet Holdings, Inc., XJT Holdings, Inc. and ExpressJet Airlines, Inc. (collectively, "Contractor") and Continental Airlines, Inc. ("Continental"), are each parties to an Amended and Restated Capacity Purchase Agreement dated as of April 17, 2002, as amended by the first, second and third amendments thereto, dated March&nbsp;27, 2003, December 9, 2003, and September 28, 2004, respectively (as so amended, the "CPA").  This Fourth Amendment to the CPA is dated March 11, 2005 but shall be effective January 1, 2005.</P>
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<P ALIGN="JUSTIFY">Continental and Contractor each desire to amend the CPA as follows:</P>
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<P ALIGN="JUSTIFY"><LI>Article 1 of the CPA is hereby amended by replacing the definition of "Prevailing Margin" set forth in <U>Exhibit A</U> so as to read in its entirety as follows:</LI></P>
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<I><P ALIGN="JUSTIFY">"Prevailing Margin </I>- means, for any Performance Period, the decimal fraction (in any event not less than zero) equal to (i) Contractor's earnings before interest, taxes and extraordinary items derived from the Scheduled Flights and Charter Flying (as determined by the separate books maintained by Contractor for Regional Airline Services pursuant to <U>Section 3.05(a)</U>), divided by (ii) Contractor's aggregate revenues allocable to Scheduled Flights and Charter Flying, in each of clauses (i) and (ii) above as reflected on the books and records of Contractor after giving effect to the provisions of <U>Section 3.06(b)</U>, except for any reconciliation pursuant to <U>Paragraph B(9)(d)</U> of <U>Schedule 3</U>. In making the calculation described in clause (i) of the immediately preceding sentence, (a) Excluded Revenues shall be excluded from the revenues of Contractor and (b) Excluded Costs shall be excluded from the expenses of Contractor. In making the calculation described in clause (ii) of this definition, Excluded Revenue shall be excluded from the revenues of Contractor."</P>
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<P ALIGN="JUSTIFY">&nbsp;</P>
<P ALIGN="JUSTIFY"><LI>Article 1 of the CPA is hereby amended by replacing the definition of "Excluded Costs" set forth in <U>Exhibit A</U> so as to read in its entirety as follows:</LI></P>
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<I><P ALIGN="JUSTIFY">"Excluded Costs</I> - means, for any Performance Period, (i) all costs allocable to Scheduled Flights cancelled during such period as a result of strikes and other labor actions, disputes or interruptions, and other costs incurred during such period outside of the ordinary course of business in connection with such events, (ii) all costs allocable to Scheduled Flights cancelled during such period as a result of an event constituting Cause, and other costs incurred during such period outside of the ordinary course of business in connection with such event, (iii) costs of litigation and threatened litigation (including investigations, attorneys fees, adverse judgments and settlements not covered by insurance) incurred during such period to the extent that the total of all such costs exceeds an annual threshold equal to <B><FONT FACE="CG Times">[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]</B></FONT>% of Contractor's expenses associated with Regional Airline Services implicit in <U>Section 3.02 for such year</U>, (iv) adjustments resulting from the physical inventory loss of any of Contractor's spare parts inventory, (including but not limited to any spare engines, rotable parts, repairable parts and expendable parts) ("<U>Spare Parts Inventory</U>") that deviate from Contractor's historical practice, (v) expenses associated with any accounting write-ups or write-downs of any of Contractor's Spare Parts Inventory as a result of any business practice or decision in respect of Contractor's Spare Parts Inventory that deviates from Contractor's historical practice, (vi) other expenses incurred during such period that do not comprise a portion of the Block Hour Rates reflected in <U>Schedule 3</U> and are not reasonable and customary in the industry, or were not otherwise approved in advance by Continental (it being understood that the expenses reimbursed pursuant to reconciliation provisions of <U>Schedule 3</U> constitute expenses that comprise a portion of the Block Hour Rates reflected in <U>Schedule&nbsp;3</U>), and, (vii) labor costs (including all wages, salaries, profit sharing and other benefits to all Contractor officers and other employees, including contract employees) incurred in such period in excess of the sum of (a) those for which Contractor is entitled to reimbursement pursuant to the Block Hour Rates then in effect, plus (b) the amounts resulting from the labor cost reconciliation provisions of <U>Schedule 3</U>,  but only to the extent that excluding such excess results in a Prevailing Margin equal to or less than the Margin Floor prior to any reconciliation pursuant to <U>Paragraph B(9)(d)</U> of <U>Schedule 3</U>."</P>
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<P ALIGN="JUSTIFY"><LI>Article 1 of the CPA is hereby amended by deleting the definition of "Deemed Costs" in <U>Exhibit A</U>, and by adding thereto the following definitions:</LI></P>
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<P ALIGN="JUSTIFY">"<I>Acrual </I>- means, (a) incurred and estimated liabilities that Contractor has accrued but not yet realized and (b) unestimated liabilities actually realized by Contractor for which no accrual had been made, and in both (a) and (b) the liabilities relate to a Transaction or Year-End Target.  Accrual excludes those liabilities that relate to expenses cited within Schedule 3 sections (B)(2), (B)(3), (B)(8), (B)(9)(a), (B)(9)(g) and (B)(9)(h) as well as fees associated with outside legal counsel."  </P>
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<P ALIGN="JUSTIFY">"<I>Margin </I>Cap - means, for any Performance Period, a Prevailing Margin equal to 10.0%."</P>
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<P ALIGN="JUSTIFY">"<I>Margin </I>Floor - means, for any Performance Period, a Prevailing Margin equal to 8.5%."</P>
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<P ALIGN="JUSTIFY">"<I>Eligible Performance </I>Period - means, a Performance Period for which Contractor's Prevailing Margin is less than the Margin Cap and greater than the Margin Floor."</P>
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<P ALIGN="JUSTIFY">"<I>Preceding Performance </I>Period - means, the Performance Period immediately preceding an Eligible Performance Period."</P>
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<P ALIGN="JUSTIFY">"<I>Transaction</I> - means, any item included within the accounts set forth in <U>Appendix 26</U> that is not a Year-End Target.  Continental and Contractor agree that any changes from current accounting practices that affect <U>Appendix 26</U> shall be communicated in writing to Continental and <U>Appendix 26</U> shall be modified accordingly from time to time." </P>
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<P ALIGN="JUSTIFY">"<I>Year-End Target</I> - means, an estimate included within the accounts set forth in <U>Appendix 26</U> for which the actual cost realized is only known in the first Performance Period after each fiscal year.  Continental and Contractor agree that any changes from current accounting practices that affect <U>Appendix 26</U> shall be communicated in writing to Continental and <U>Appendix 26</U> shall be modified accordingly from time to time."</P>
<P ALIGN="JUSTIFY">  </P>
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<U><P ALIGN="JUSTIFY"><LI>Paragraph B(9)(d)</U> of <U>Schedule 3</U> is hereby amended by deleting such subparagraph in its entirety and replacing it with the following:</LI></P>
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<P ALIGN="JUSTIFY">"d.&#9;At any time that Contractor or Continental reasonably believes that the Prevailing Margin for the current or next Performance Period will be greater than the Margin Cap for such Performance Period or less than the Margin Floor for such Performance Period, then Continental and Contractor will meet and will adjust the Base Compensation for such Performance Period; <I>provided</I> that in no event will such calculation reduce the Base Compensation below an amount necessary so as to achieve a  Prevailing Margin for such Performance Period equal to the Margin Cap for such Performance Period or increase Base Compensation above an amount  necessary so as to achieve a Prevailing Margin for such Performance Period equal to the Margin Floor for such Performance Period.  At the end of each Performance Period in respect of which adjustments were in effect, a calculation shall be made by Contractor not later than the sixth Business Day of the immediately succeeding month to calculate the Prevailing Margin for the previous Performance Period.  For adjustments made as a result of a Prevailing Margin expected to exceed the Margin Cap: (i) if the actual resulting Prevailing Margin for such Performance Period was greater than the Margin Cap for such Performance Period, then the Base Compensation for such Performance Period will be further decreased to the extent required to lower the actual Prevailing Margin for such Performance Period to the Margin Cap for such Performance Period and Contractor shall make a payment to Continental in an amount equal to such reduction in Base Compensation within five Business Days of such calculation and (ii)&nbsp;if the actual resulting Prevailing Margin for such Performance Period was less than the Margin Cap for such Performance Period, then the Base Compensation for such Performance Period will be increased (but only up to the Base Compensation in effect prior to its adjustment pursuant to the first sentence of this <U>Paragraph B(9)(d)</U> of <U>Schedule&nbsp;3</U>) to the extent required to raise the actual Prevailing Margin for such Performance Period to the Margin Cap for such Performance Period and Continental shall make a payment to Contractor in an amount equal to such increase in Base Compensation within five Business Days of such calculation.  For adjustments made as a result of a Prevailing Margin expected to be less than the Margin Floor: (i)&nbsp;if the actual resulting Prevailing Margin for such Performance Period was less than the Margin Floor for such Performance Period, then the Base Compensation for such Performance Period will be further increased to the extent required to raise the actual Prevailing Margin for such Performance Period to the Margin Floor for such Performance Period and Continental shall make a payment to Contractor in an amount equal to such increase in Base Compensation within five Business Days of such calculation and (ii) if the Prevailing Margin for such Performance Period was greater than the Margin Floor for such Performance Period, then the Base Compensation for such Performance Period will be decreased (but only down to the Base Compensation in effect prior to its adjustment pursuant to the first sentence of this <U>Paragraph B(9)(d)</U> of <U>Schedule 3</U>) to the extent required to lower the actual Prevailing Margin for such Performance Period to the Margin Floor for such Performance Period and Contractor shall make a payment to Continental in an amount equal to such reduction in Base Compensation within five Business Days of such calculation."</P>
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<P ALIGN="JUSTIFY">&nbsp;</P>
<U><P ALIGN="JUSTIFY"><LI>Schedule 3</U> of the CPA is hereby amended by adding the following thereto as <U>Paragraph B(9)(i)</U>:</LI></P></OL>

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<P ALIGN="JUSTIFY">"i.&#9;Subsequent to an Eligible Performance Period, in respect of any one or more of Contractor's costs that do not constitute Excluded Costs, if Contractor has in place any Accruals at the end of the Preceding Performance Period then in the Performance Period following such Eligible Performance Period, Contractor will reconcile the Accruals, other than those related to a Year-End Target, in place at the end of the Preceding Performance Period for differences between (1) the actual cost realized plus any associated Accrual during the Eligible Performance Period and (2) the associated Accrual in place at the end of the Preceding Performance Period.  If the absolute difference between (1) the actual cost realized plus any associated Accrual during the Eligible Performance Period and (2) the associated Accrual in place at the end of the Preceding Performance Period is greater than $<B><FONT FACE="CG Times">[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]</B></FONT>, then the following reconciliation will occur: </P>
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<P ALIGN="JUSTIFY"><LI>If (1) the Accrual in place at the end of the Preceding Performance Period is greater than (2) the associated actual cost realized plus any associated Accrual during the Eligible Performance Period and the Accrual relates to any Performance Period prior to the Eligible Performance Period in which the Prevailing Margin exceeded the Margin Cap, prior to any reconciliation pursuant to <U>Paragraph B(9)(d)</U> of <U>Schedule 3</U>, then Contractor will pay Continental an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in <U>Appendix 23</U>.</LI></P>
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<P ALIGN="JUSTIFY"><LI>If (1) the actual cost realized plus any associated Accrual during the Eligible Performance Period is greater than (2) the associated Accrual in place at the end of the Preceding Performance Period and the Accrual relates to any Performance Period prior to the Eligible Performance Period in which the Prevailing Margin exceeded the Margin Cap, prior to any reconciliation pursuant to <U>Paragraph B(9)(d)</U> of <U>Schedule 3</U>, then Continental will pay Contractor an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in <U>Appendix 23</U>. </LI></P>
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<P ALIGN="JUSTIFY"><LI>If (1) the Accrual in place at the end of the Preceding Performance Period is greater than (2) the associated actual cost realized plus any associated Accrual during the Eligible Performance Period and the Accrual relates to any Performance Period prior to the Eligible Performance Period in which the Prevailing Margin was less than the Margin Floor, prior to any reconciliation pursuant to <U>Paragraph B(9)(d)</U> of <U>Schedule 3</U>, then Contractor will pay Continental an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in <U>Appendix 23</U>. </LI></P>
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<P ALIGN="JUSTIFY"><LI>If (1) the actual cost realized plus any associated Accrual during the Eligible Performance Period is greater than (2) the associated Accrual in place at the end of the Preceding Performance Period and the Accrual relates to any Performance Period prior to the Eligible Performance Period in which the Prevailing Margin was less than the Margin Floor, prior to any reconciliation pursuant to <U>Paragraph B(9)(d)</U> of <U>Schedule 3</U>, then Continental will pay Contractor an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in <U>Appendix 23</U>. </LI></P>
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<P ALIGN="JUSTIFY"><LI>If the Accrual relates to any Performance Period in which the Prevailing Margin was between the Margin Cap and the Margin Floor, prior to any reconciliation pursuant to <U>Paragraph B(9)(d)</U> of <U>Schedule 3</U>, then no reconciliation will occur."  </LI></P></OL>
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<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&nbsp;</P>
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<U><P ALIGN="JUSTIFY"><LI>Schedule 3</U> of the CPA is hereby amended by adding the following thereto as <U>Paragraph B(9)(j)</U>:</LI></P></OL>

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<P ALIGN="JUSTIFY">"j.&#9;Accruals that are Year-End Targets will be reconciled in the second Performance Period after each fiscal year.  The actual cost realized for an applicable Year-End Target will be divided by the number of Performance Periods the associated Year-End Target is related to and compared to the associated Accrual made during each applicable Performance Period of the previous fiscal year.  The reconciliation will only occur for the following scenarios:</P>
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<P ALIGN="JUSTIFY"><LI>If the first Performance Period after the previous fiscal year is an Eligible Performance Period, then for each Performance Period during the previous fiscal year that was not an Eligible Performance Period, if (1) the Accrual with respect to any such Performance Period is greater than (2) the prorated portion of the actual cost realized related to the Year-End Target by at least $<B><FONT FACE="CG Times">[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]</B></FONT>, Contractor will pay Continental, for each Performance Period meeting the foregoing criteria, an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in <U>Appendix 23</U>.</LI></P>
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<P ALIGN="JUSTIFY"><LI>If the first Performance Period after the previous fiscal year is an Eligible Performance Period, then for each Performance Period during the previous fiscal year that was not an Eligible Performance Period, if (1) the prorated portion of the actual cost realized related to the Year-End Target is greater than (2) the Accrual with respect to any such Performance Period by at least $<B><FONT FACE="CG Times">[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]</B></FONT>, Continental will pay Contractor, for each Performance Period meeting the foregoing criteria, an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in <U>Appendix 23</U>.</LI></P>
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<P ALIGN="JUSTIFY"><LI>If the first Performance Period after the previous fiscal year is not an Eligible Performance Period, then for each Performance Period during the previous fiscal year that was an Eligible Performance Period, if (1) the Accrual with respect to any such Performance Period is greater than (2) the prorated portion of the actual cost realized related to the Year-End Target by at least $<B><FONT FACE="CG Times">[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]</B></FONT>, Continental will pay Contractor, for each Performance Period meeting the foregoing criteria, an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in <U>Appendix 23</U>.</LI></P>
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<P ALIGN="JUSTIFY"><LI>If the first Performance Period after the previous fiscal year is not an Eligible Performance Period, then for each Performance Period during the previous fiscal year that was an Eligible Performance Period, if (1) the prorated portion of the actual cost realized related to the Year-End Target is greater than (2) the Accrual with respect to any such Performance Period by at least $<B><FONT FACE="CG Times">[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]</B></FONT>, Contractor will pay Continental, for each Performance Period meeting the foregoing criteria, an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in <U>Appendix 23</U>."</LI></P></OL>
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<U><P ALIGN="JUSTIFY"><LI>Paragraph B(9)(a)(iii)</U> of <U>Schedule 3</U> is hereby amended by deleting such clause in its entirety and replacing it with the following:</LI></P>
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<P ALIGN="JUSTIFY">"(iii) all employer-matching payments made by Contractor pursuant to any Contractor 401(K) (provided that Continental shall not be required to reconcile any such payments made by Contractor to the extent that such payments are attributable to a change in the Contractor's 401(K) or the Contractor's company-match after the periodic adjustment of base compensation as described in <U>Section 3.02</U> for the applicable year)."</P>
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<U><P ALIGN="JUSTIFY"><LI>Paragraph B(9)(a)(ix)</U> of <U>Schedule 3</U> is hereby amended by deleting such clause in its entirety and replacing it with the following:</LI></P>
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<P ALIGN="JUSTIFY">"(ix) payments by Contractor to employees in respect of any profit-sharing and on-time performance plans of Contractor (provided that Continental shall not be required to reconcile actual profit-sharing and on-time performance expenses to the extent that such additional expenses are attributable to a Contractor-initiated change in target benchmarks or payment rates under such plans after the periodic adjustment of base compensation as described in <U>Section 3.02</U> for the applicable year, and <I>provided further</I> that reconciliation for profit-sharing plans shall only occur after the end of each fiscal year, which reconciliation shall be for the full fiscal year, rather than on a month-to-month basis and <I>provided further</I> that reconciliation for actual costs of Contractor associated with profit sharing plans is capped at the level contemplated in the rates)."</P>
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<U><P ALIGN="JUSTIFY"><LI>Paragraph B(9)(a)(xiv)</U> of <U>Schedule 3</U> is hereby amended by deleting such clause in its entirety and replacing it with the following:</LI></P>
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<P ALIGN="JUSTIFY">"(xiv) depreciation expense, excluding any expenditure not specifically approved by Continental or otherwise contemplated by a capital expenditure plan agreed to by Contractor and Continental;"</P>
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<P ALIGN="JUSTIFY"><LI><A NAME="OLE_LINK1"></FONT><U>Paragraph B(6)(d)</U> of <U>Schedule 3</U> is hereby amended by deleting such subparagraph in its entirety and replacing it with the<FONT SIZE=2> </FONT>following</A>:</LI></P>
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<P ALIGN="JUSTIFY">"d.&#9;If (A) the actual Controllable Cancellation Rate for a particular aircraft type is equal to or greater than .005 and (B) the product of the actual Controllable Cancellation Rate and the total number of Scheduled Flights for a particular aircraft type in a calendar month as set forth in the Final Monthly Schedule exceeds the product of the total number of Scheduled Flights as set forth in the Final Monthly Schedule for such aircraft type during such calendar month multiplied by .005 (such excess number of flights of such aircraft type being the "Fourth Cancellation Number" for such aircraft type), then the reconciliation for such period shall include a payment by Contractor to Continental in an amount equal to the product of (i) the Third Incremental Cost Rate for such aircraft type multiplied by (ii) the Fourth Cancellation Number, multiplied by (iii) the scheduled block hours per departure for such aircraft type for such calendar month as set forth in the Final Monthly Schedule, multiplied by (iv) the sum of 1 and the Overfly Rate for such aircraft type for such calendar month."</P>
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<U><P ALIGN="JUSTIFY"><LI>Paragraph B(8)(f)</U> of <U>Schedule 3</U> is hereby amended by deleting such subparagraph in its entirety and replacing it with the following:</LI></P>
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<P ALIGN="JUSTIFY">"f.&#9;<I>Airport Agent Volume Reconciliation</I>.  Included in the Appendix 1 Expenses is an assumed cost associated with an assumed number of Agent Paid Hours.  If the lower of the Staffing Model Agent Paid Hours or actual number of Agent Paid Hours for a particular month exceeds the assumed number of Agent Paid Hours as set forth in <U>Appendix 21</U>, then Continental shall pay an amount to Contractor equal to the quotient of (a) the product of (i) the difference between (1) the lower of such Staffing Model Agent Paid Hours or such actual number of Agent Paid Hours during such month and (2) such assumed Agent Paid Hours during such month, multiplied by (ii) the assumed amount payable per Agent Paid Hour as set forth in <U>Appendix 21</U>, multiplied by (iii) the rate set forth in <U>Appendix 25 B</U>, divided by (b) the Cost Difference set forth on <U>Appendix 23</U>.  If the lower of the Staffing Model Agent Paid Hours or actual number of Agent Paid Hours for a particular month is less than the assumed number of Agent Paid Hours as set forth in <U>Appendix 21</U>, then Contractor shall pay an amount to Continental equal to the quotient of (a) the product of (i) the difference between (1) such assumed Agent Paid Hours during such month and (2) the lower of such Staffing Model Agent Paid Hours or such actual number of Agent Paid Hours during such month, multiplied by (ii) the assumed amount payable per Agent Paid Hour as set forth in <U>Appendix 21</U>, multiplied by (iii) the rate set forth in <U>Appendix 25 B</U>, divided by (b) the Cost Difference set forth on <U>Appendix 23</U>."</P>
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<U><P ALIGN="JUSTIFY"><LI>Paragraph B(9)(f)(I)</U> of <U>Schedule 3</U> is hereby amended by deleting such subparagraph in its entirety and replacing it with the following:</LI></P>
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<P ALIGN="JUSTIFY">"I.&#9;The amount of assumed employer-matching payments referred to in clause (iii) of the second sentence of <U>Paragraph B(9)(a)</U> included in the Base Compensation for any particular month will be equal to the product of (1) the sum of (a) the aggregate sum of the following products for each aircraft type set forth in the Final Monthly Schedule: (i) the First Implied Rate for such month for each aircraft type set forth on <U>Appendix 22a</U>, multiplied by (ii) the scheduled block hours for such month and aircraft type as set forth on the Final Monthly Schedule multiplied by the First Benchmark Factor for such month, (b) the aggregate sum of the following products for each aircraft type set forth in the Final Monthly Schedule: (i) the Second Implied Rate for such month for each aircraft type set forth on <U>Appendix 22a</U>, multiplied by (ii) the Appendix 7 Block Hours for such aircraft type set forth on <U>Appendix 7</U>, multiplied by (iii) the scheduled departures for such month and aircraft type as set forth on the Final Monthly Schedule multiplied by the First Benchmark Factor for such month, plus (c) the product of (i) the Third Implied Expenses for such month set forth in <U>Appendix 22a</U>, multiplied by (ii) 1000, multiplied by (2) the rate set forth in <U>Appendix 25A</U>."</P>
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<U><P ALIGN="JUSTIFY"><LI>Paragraph (B)(8)(b)</U> of <U>Schedule 3</U> is hereby amended by deleting such subparagraph in its entirety.</LI></P></OL>

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<U><P ALIGN="JUSTIFY">14. Paragraph (B)(8)(e)</U> of <U>Schedule 3</U> is hereby amended by deleting such subparagraph in its entirety.</P>
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<P ALIGN="JUSTIFY">15. Pursuant to <U>Section 3.02</U> of the CPA, Block Hour Rates and the compensation described in paragraphs A(1) and A(2)(c) of <U>Schedule 3</U> are hereby adjusted as described in the revised Appendices to Schedule 3 attached hereto.   </P>
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<P ALIGN="JUSTIFY">Capitalized terms not defined herein shall be defined as provided in the CPA.  Except as specifically amended or modified hereby, the CPA shall remain in effect as written.  This Amendment may be signed in counterparts.</P>
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<P>If Contractor is in agreement with the above Fourth Amendment to the CPA, please indicate its agreement by having an authorized representative sign below in the space provided and return a signed copy of this Amendment to the undersigned at the address above.</P>
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<P ALIGN="JUSTIFY">&#9;&#9;&#9;&#9;&#9;&#9;Very truly yours,</P>
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<P ALIGN="JUSTIFY">&#9;&#9;&#9;&#9;&#9;&#9;Continental Airlines, Inc.</P>
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<P ALIGN="JUSTIFY">By:&#9;___<U>/s/ Jeffrey J. Misner</U>__________________</P></DIR>
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<P ALIGN="JUSTIFY">&#9;&#9;&#9;&#9;Executive Vice President &amp;</P>
<P ALIGN="JUSTIFY">&#9;&#9;&#9;&#9;Chief Financial Officer</P>
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<P>&#9;&#9;&#9;&#9;</P>
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<P ALIGN="JUSTIFY">&#9;Agreed:&#9;EXPRESSJET HOLDINGS, Inc. </P>
<P ALIGN="JUSTIFY">&#9;&#9;&#9;XJT HOLDINGS, INC.</P>
<P ALIGN="JUSTIFY">&#9;&#9;&#9;EXPRESSJET AIRLINES, INC.</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&nbsp;</P>
<P ALIGN="JUSTIFY">&nbsp;</P>
<P ALIGN="JUSTIFY">&#9;&#9;&#9;By:&#9;___<U>/s/ Fred Cromer</U>____________________</P>
<P ALIGN="JUSTIFY">&#9;&#9;&#9;&#9;Vice President and </P>
<P>&#9;&#9;&#9;&#9;Chief Financial Officer</P>
<FONT SIZE=2>
</FONT><FONT FACE="Courier New" SIZE=1><P>&nbsp;</P>
<P>                                   APPENDIX 1</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>------------------------------------------------------------------------------------------------------------------------------</P>
<P>                                                  APPENDIX 1 EXPENSES (000'S)</P>
<P>------------------------------------------------------------------------------------------------------------------------------</P>
<P>        COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN</P>
<P>Date      1       2       3       4       5       6       7       8       9       10      11      12      13      14      15</P>
<P>------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------</P>
<P>                                                                                                                           </P>
<P>Jan-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX</P>
<P>Feb-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX</P>
<P>Mar-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX</P>
<P>Apr-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX</P>
<P>May-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX</P>
<P>Jun-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX</P>
<P>Jul-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX</P>
<P>Aug-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX</P>
<P>Sep-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX</P>
<P>Oct-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX</P>
<P>Nov-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX</P>
<P>Dec-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>&nbsp;</P>
<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 2</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>----------------------------------------------------------------------------------------------------------------------------------</P>
<P>                                                        2005 BENCHMARK RATES</P>
<P>----------------------------------------------------------------------------------------------------------------------------------</P>
<P>                       FIRST                   FIRST                  SECOND             HEADSTART ONTIME       BAGGAGE HANDLING</P>
<P>    DATE          BENCHMARK FACTOR       CANCELLATION RATE       CANCELLATION RATE          BENCHMARK               BENCHMARK</P>
<P>    ----          ----------------       -----------------       -----------------       ----------------       ----------------</P>
<P>                                                                                                                   </P>
<P>   Jan-05               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Feb-05               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Mar-05               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Apr-05               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   May-05               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Jun-05               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Jul-05               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Aug-05               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Sep-05               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Oct-05               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Nov-05               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Dec-05               XXX                     XXX                     XXX                    XXX                     XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>&nbsp;</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>----------------------------------------------------------------------------------------------------------------------------------</P>
<P>                                                         2004 ACTUAL RATES</P>
<P>----------------------------------------------------------------------------------------------------------------------------------</P>
<P>                       FIRST                   FIRST                  SECOND             HEADSTART ONTIME       BAGGAGE HANDLING</P>
<P>    DATE          BENCHMARK FACTOR       CANCELLATION RATE       CANCELLATION RATE          BENCHMARK               BENCHMARK</P>
<P>    ----          ----------------       -----------------       -----------------       ----------------       ----------------</P>
<P>                                                                                                                   </P>
<P>   Jan-04               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Feb-04               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Mar-04               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Apr-04               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   May-04               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Jun-04               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Jul-04               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Aug-04               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Sep-04               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Oct-04               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Nov-04               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Dec-04               XXX                     XXX                     XXX                    XXX                     XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>&nbsp;</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>----------------------------------------------------------------------------------------------------------------------------------</P>
<P>                                                         2003 ACTUAL RATES</P>
<P>----------------------------------------------------------------------------------------------------------------------------------</P>
<P>                       FIRST                   FIRST                  SECOND             HEADSTART ONTIME       BAGGAGE HANDLING</P>
<P>    DATE          BENCHMARK FACTOR       CANCELLATION RATE       CANCELLATION RATE          BENCHMARK               BENCHMARK</P>
<P>    ----          ----------------       -----------------       -----------------       ----------------       ----------------</P>
<P>                                                                                                                   </P>
<P>   Jan-03               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Feb-03               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Mar-03               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Apr-03               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   May-03               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Jun-03               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Jul-03               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Aug-03               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Sep-03               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Oct-03               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Nov-03               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Dec-03               XXX                     XXX                     XXX                    XXX                     XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>&nbsp;</P>
<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">APPENDIX 2</P>

<P>&nbsp;</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>----------------------------------------------------------------------------------------------------------------------------------</P>
<P>                                                         2002 ACTUAL RATES</P>
<P>----------------------------------------------------------------------------------------------------------------------------------</P>
<P>                       FIRST                   FIRST                  SECOND             HEADSTART ONTIME       BAGGAGE HANDLING</P>
<P>    DATE          BENCHMARK FACTOR       CANCELLATION RATE       CANCELLATION RATE          BENCHMARK               BENCHMARK</P>
<P>    ----          ----------------       -----------------       -----------------       ----------------       ----------------</P>
<P>                                                                                                                   </P>
<P>   Jan-02               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Feb-02               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Mar-02               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Apr-02               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   May-02               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Jun-92               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Jul-02               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Aug-02               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Sep-02               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Oct-02               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Nov-02               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Dec-02               XXX                     XXX                     XXX                    XXX                     XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>&nbsp;</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>----------------------------------------------------------------------------------------------------------------------------------</P>
<P>                                                         2001 ACTUAL RATES</P>
<P>----------------------------------------------------------------------------------------------------------------------------------</P>
<P>                       FIRST                   FIRST                  SECOND             HEADSTART ONTIME       BAGGAGE HANDLING</P>
<P>    DATE          BENCHMARK FACTOR       CANCELLATION RATE       CANCELLATION RATE          BENCHMARK               BENCHMARK</P>
<P>    ----          ----------------       -----------------       -----------------       ----------------       ----------------</P>
<P>                                                                                                                   </P>
<P>   Jan-01               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Feb-01               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Mar-01               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Apr-01               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   May-01               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Jun-01               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Jul-01               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Aug-01               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Sep-01               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Oct-01               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Nov-01               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Dec-01               XXX                     XXX                     XXX                    XXX                     XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>&nbsp;</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>----------------------------------------------------------------------------------------------------------------------------------</P>
<P>                                                         2000 ACTUAL RATES</P>
<P>----------------------------------------------------------------------------------------------------------------------------------</P>
<P>                       FIRST                   FIRST                  SECOND             HEADSTART ONTIME       BAGGAGE HANDLING</P>
<P>    DATE          BENCHMARK FACTOR       CANCELLATION RATE       CANCELLATION RATE          BENCHMARK               BENCHMARK</P>
<P>    ----          ----------------       -----------------       -----------------       ----------------       ----------------</P>
<P>                                                                                                                   </P>
<P>   Jan-00               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Feb-00               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Mar-00               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Apr-00               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   May-00               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Jun-00               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Jul-00               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Aug-00               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Sep-00               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Oct-00               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Nov-00               XXX                     XXX                     XXX                    XXX                     XXX</P>
<P>   Dec-00               XXX                     XXX                     XXX                    XXX                     XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 3</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>----------------------------------------------------------------------------------------------</P>
<P>                                  APPENDIX 3 BLOCK HOUR RATES</P>
<P>----------------------------------------------------------------------------------------------</P>
<P>        DATE              RJ135         RJ145</P>
<P>        ----              -----         -----</P>
<P>                                                                                      </P>
<P>    BENCHMARK SL           XXX           XXX</P>
<P>       Jan-05              XXX           XXX</P>
<P>       Feb-05              XXX           XXX</P>
<P>       Mar-05              XXX           XXX</P>
<P>       Apr-05              XXX           XXX</P>
<P>       May-05              XXX           XXX</P>
<P>       Jun-05              XXX           XXX</P>
<P>       Jul-05              XXX           XXX</P>
<P>       Aug-05              XXX           XXX</P>
<P>       Sep-05              XXX           XXX</P>
<P>       Oct-05              XXX           XXX</P>
<P>       Nov-05              XXX           XXX</P>
<P>       Dec-05              XXX           XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 4</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>----------------------------------------------------------------------------------------</P>
<P>                                  APPENDIX 4 BLOCK HOUR RATES</P>
<P>----------------------------------------------------------------------------------------</P>
<P>     DATE           RJ135         RJ145  </P>
<P>     ----           -----         -----  </P>
<P>                                                                                </P>
<P>    Jan-05           XXX           XXX   </P>
<P>    Feb-05           XXX           XXX   </P>
<P>    Mar-05           XXX           XXX   </P>
<P>    Apr-05           XXX           XXX   </P>
<P>    May-05           XXX           XXX   </P>
<P>    Jun-05           XXX           XXX   </P>
<P>    Jul-05           XXX           XXX   </P>
<P>    Aug-05           XXX           XXX   </P>
<P>    Sep-05           XXX           XXX   </P>
<P>    Oct-05           XXX           XXX   </P>
<P>    Nov-05           XXX           XXX   </P>
<P>    Dec-05           XXX           XXX   </P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 5</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>---------------------------  ------------------------    --------------------------------</P>
<P>Appendix 5 Block Hour Rates  GH Variable Block Hour       Variable Pool Expense Block Hour</P>
<P>---------------------------  ------------------------    --------------------------------</P>
<P>Date     RJ135     RJ145     DATE     RJ135     RJ145     Date      RJ135     RJ145</P>
<P>----     -----     -----     ----     -----     -----     ----      -----     -----</P>
<P>                                                                                </P>
<P>Jan-05    XXX       XXX      Jan-05    XXX       XXX      Jan-05     XXX        XXX</P>
<P>Feb-05    XXX       XXX      Feb-05    XXX       XXX      Feb-05     XXX        XXX</P>
<P>Mar-05    XXX       XXX      Mar-05    XXX       XXX      Mar-05     XXX        XXX</P>
<P>Apr-05    XXX       XXX      Apr-05    XXX       XXX      Apr-05     XXX        XXX</P>
<P>May-05    XXX       XXX      May-05    XXX       XXX      May-05     XXX        XXX</P>
<P>Jun-05    XXX       XXX      Jun-05    XXX       XXX      Jun-05     XXX        XXX</P>
<P>Jul-05    XXX       XXX      Jul-05    XXX       XXX      Jul-05     XXX        XXX</P>
<P>Aug-05    XXX       XXX      Aug-05    XXX       XXX      Aug-05     XXX        XXX</P>
<P>Sep-05    XXX       XXX      Sep-05    XXX       XXX      Sep-05     XXX        XXX</P>
<P>Oct-05    XXX       XXX      Oct-05    XXX       XXX      Oct-05     XXX        XXX</P>
<P>Nov-05    XXX       XXX      Nov-05    XXX       XXX      Nov-05     XXX        XXX</P>
<P>Dec-05    XXX       XXX      Dec-05    XXX       XXX      Dec-05     XXX        XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P> </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 6</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>----------------------------------------------------------------------------------------</P>
<P>                           APPENDIX 6 BLOCK HOUR RATES</P>
<P>----------------------------------------------------------------------------------------</P>
<P>     DATE           RJ135         RJ145</P>
<P>     ----           -----         ----- </P>
<P>                                                                                </P>
<P>    Jan-05           XXX           XXX  </P>
<P>    Feb-05           XXX           XXX  </P>
<P>    Mar-05           XXX           XXX  </P>
<P>    Apr-05           XXX           XXX  </P>
<P>    May-05           XXX           XXX </P>
<P>    Jun-05           XXX           XXX </P>
<P>    Jul-05           XXX           XXX </P>
<P>    Aug-05           XXX           XXX </P>
<P>    Sep-05           XXX           XXX </P>
<P>    Oct-05           XXX           XXX </P>
<P>    Nov-05           XXX           XXX </P>
<P>    Dec-05           XXX           XXX </P>
</FONT><FONT FACE="Courier New" SIZE=1><P> </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 7</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>----------------------------------------------------------------------------------------</P>
<P>                                  APPENDIX 7 BLOCK HOURS</P>
<P>----------------------------------------------------------------------------------------</P>
<P>         DATE                  RJ135        RJ145</P>
<P>         ----                  -----        -----</P>
<P>                                                                                      </P>
<P>        Row 1                   XXX          XXX</P>
<P>        Row 2                   XXX          XXX    </P>
<P>        Row 3                   XXX          XXX    </P>
<P>Appendix 7 Block Hours          XXX          XXX    </P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 8</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>   ---------------------------------------------------------------------------------------</P>
<P>                     FIRST FORECAST             FIRST FORECAST            FIRST FORECAST</P>
<P>    DATE                 RATES                RATE - COMPONENT 1        RATE - COMPONENT 2</P>
<P>   ------            --------------           ------------------        ------------------</P>
<P>                                                                           </P>
<P>   Jan-05                 XXX                         XXX                       XXX</P>
<P>   Feb-05                 XXX                         XXX                       XXX</P>
<P>   Mar-05                 XXX                         XXX                       XXX</P>
<P>   Apr-05                 XXX                         XXX                       XXX</P>
<P>   May-05                 XXX                         XXX                       XXX</P>
<P>   Jun-05                 XXX                         XXX                       XXX</P>
<P>   Jul-05                 XXX                         XXX                       XXX</P>
<P>   Aug-05                 XXX                         XXX                       XXX</P>
<P>   Sep-05                 XXX                         XXX                       XXX</P>
<P>   Oct-05                 XXX                         XXX                       XXX</P>
<P>   Nov-05                 XXX                         XXX                       XXX</P>
<P>   Dec-05                 XXX                         XXX                       XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P> </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 9</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>      EMB135                  EMB145          </P>
<P>STAGE     GALLONS       STAGE       GALLONS   </P>
<P>LENGTH   PER BLK HR     LENGTH     PER BLK HR </P>
<P>------   ----------     ------     ---------- </P>
<P>                                                                                                                    </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX     </P>
<P> XXX        XXX          XXX          XXX          </P>
<P> XXX        XXX          XXX          XXX          </P>
<P> XXX        XXX          XXX          XXX          </P>
<P> XXX        XXX          XXX          XXX          </P>
<P> XXX        XXX          XXX          XXX          </P>
<P> XXX        XXX          XXX          XXX          </P>
<P> XXX        XXX          XXX          XXX          </P>
<P> XXX        XXX          XXX          XXX          </P>
</FONT><FONT FACE="Courier New" SIZE=1>
<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 10</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>----------------------------------------------------------</P>
<P>                      APPENDIX 10 FEES</P>
<P>----------------------------------------------------------</P>
<P>     DATE          INVOICE RATE        RECONCILIATION RATE</P>
<P>     ----          ------------        -------------------</P>
<P>                                          </P>
<P>    Jan-05              XXX                    XXX</P>
<P>    Feb-05              XXX                    XXX</P>
<P>    Mar-05              XXX                    XXX</P>
<P>    Apr-05              XXX                    XXX</P>
<P>    May-05              XXX                    XXX</P>
<P>    Jun-05              XXX                    XXX</P>
<P>    Jul-05              XXX                    XXX</P>
<P>    Aug-05              XXX                    XXX</P>
<P>    Sep-05              XXX                    XXX</P>
<P>    Oct-05              XXX                    XXX</P>
<P>    Nov-05              XXX                    XXX</P>
<P>    Dec-05              XXX                    XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 11</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>-----------------------------------------------------------------------------------</P>
<P>                          FIRST INCREMENTAL COST RATES</P>
<P>-----------------------------------------------------------------------------------</P>
<P>     DATE           RJ135         RJ145</P>
<P>     ----           -----         -----     </P>
<P>                                                                                 </P>
<P>    Jan-05           XXX           XXX      </P>
<P>    Feb-05           XXX           XXX      </P>
<P>    Mar-05           XXX           XXX      </P>
<P>    Apr-05           XXX           XXX      </P>
<P>    May-05           XXX           XXX      </P>
<P>    Jun-05           XXX           XXX      </P>
<P>    Jul-05           XXX           XXX      </P>
<P>    Aug-05           XXX           XXX      </P>
<P>    Sep-05           XXX           XXX      </P>
<P>    Oct-05           XXX           XXX      </P>
<P>    Nov-05           XXX           XXX      </P>
<P>    Dec-05           XXX           XXX      </P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 12</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>    -------------------------------------------------------------------------------</P>
<P>                          SECOND INCREMENTAL COST RATES</P>
<P>    -------------------------------------------------------------------------------</P>
<P>     DATE           RJ135         RJ145</P>
<P>     ----           -----         -----</P>
<P>                                                                                 </P>
<P>    Jan-05           XXX           XXX </P>
<P>    Feb-05           XXX           XXX </P>
<P>    Mar-05           XXX           XXX </P>
<P>    Apr-05           XXX           XXX </P>
<P>    May-05           XXX           XXX </P>
<P>    Jun-05           XXX           XXX </P>
<P>    Jul-05           XXX           XXX </P>
<P>    Aug-05           XXX           XXX </P>
<P>    Sep-05           XXX           XXX </P>
<P>    Oct-05           XXX           XXX </P>
<P>    Nov-05           XXX           XXX </P>
<P>    Dec-05           XXX           XXX </P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 13</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>-------------------------------------------------------------------------------------------</P>
<P>                            APPENDIX 13 INCREMENTAL COST RATES</P>
<P>-------------------------------------------------------------------------------------------</P>
<P> DATE             RJ135            RJ145</P>
<P> ----             -----            -----</P>
<P>                                                                                         </P>
<P>Jan-05             XXX              XXX              </P>
<P>Feb-05             XXX              XXX             </P>
<P>Mar-05             XXX              XXX     </P>
<P>Apr-05             XXX              XXX     </P>
<P>May-05             XXX              XXX     </P>
<P>Jun-05             XXX              XXX     </P>
<P>Jul-05             XXX              XXX     </P>
<P>Aug-05             XXX              XXX     </P>
<P>Sep-05             XXX              XXX     </P>
<P>Oct-05             XXX              XXX     </P>
<P>Nov-05             XXX              XXX     </P>
<P>Dec-05             XXX              XXX     </P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 14</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>------------------------------------------------------------------------------------</P>
<P>                           APPENDIX 14 BLOCK HOUR RATES</P>
<P>------------------------------------------------------------------------------------</P>
<P>    DATE              RJ135         RJ145</P>
<P>    ----              -----         -----</P>
<P>                                                                                  </P>
<P>BENCHMARK SL           XXX           XXX    </P>
<P>   Jan-05              XXX           XXX    </P>
<P>   Feb-05              XXX           XXX    </P>
<P>   Mar-05              XXX           XXX    </P>
<P>   Apr-05              XXX           XXX    </P>
<P>   May-05              XXX           XXX    </P>
<P>   Jun-05              XXX           XXX    </P>
<P>   Jul-05              XXX           XXX    </P>
<P>   Aug-05              XXX           XXX    </P>
<P>   Sep-05              XXX           XXX    </P>
<P>   Oct-05              XXX           XXX    </P>
<P>   Nov-05              XXX           XXX    </P>
<P>   Dec-05              XXX           XXX    </P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 15</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>-----------------------------------------------------------------------------</P>
<P>                     FIFTH INCREMENTAL COST RATE ALLOCATION</P>
<P>-----------------------------------------------------------------------------</P>
<P>              EXPENSE                                  ALLOCATION METHODOLOGY</P>
<P>              -------                                  ----------------------</P>
<P>                                                          </P>
<P>Aircraft Rent                                                    XXX</P>
<P>Maintenance Overhead                                             XXX</P>
<P>Hull Insurance                                                   XXX</P>
<P>Employee Incentives                                              XXX</P>
<P>Property Taxes                                                   XXX</P>
<P>Depreciation                                                     XXX</P>
<P>Management Fee                                                   XXX</P>
<P>General &amp; Administrative                                         XXX</P>
<P>Airport Overhead                                                 XXX</P>
<P>CAL Fixed Pool of Expenses                                       XXX</P>
<P>Glycol                                                           XXX</P>
<P>Snow Removal                                                     XXX</P>
<P>De-icing                                                         XXX</P>
<P>Airport Facility Rent                                            XXX</P>
<P>3rd Party Ground Handling                                        XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                  APPENDIX 16a</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>------------------------------------------------------------------------------------------------------------------------</P>
<P>                                                    PILOT HOTEL VOLUME</P>
<P>------------------------------------------------------------------------------------------------------------------------</P>
<P>                            COST PER CONTRACT             CONTRACT HOTEL STAYS PER              RATE PER BLOCK HOUR FOR</P>
<P>        DATE                   HOTEL STAY                   SCHEDULED BLOCK HOUR               EXTRAORDINARY HOTEL STAYS</P>
<P>        ----                -----------------             ------------------------             -------------------------</P>
<P>                                                                                                  </P>
<P>       Jan-05                      XXX                              XXX                                   XXX</P>
<P>       Feb-05                      XXX                              XXX                                   XXX</P>
<P>       Mar-05                      XXX                              XXX                                   XXX</P>
<P>       Apr-05                      XXX                              XXX                                   XXX</P>
<P>       May-05                      XXX                              XXX                                   XXX</P>
<P>       Jun-05                      XXX                              XXX                                   XXX</P>
<P>       Jul-05                      XXX                              XXX                                   XXX</P>
<P>       Aug-05                      XXX                              XXX                                   XXX</P>
<P>       Sep-05                      XXX                              XXX                                   XXX</P>
<P>       Oct-05                      XXX                              XXX                                   XXX</P>
<P>       Nov-05                      XXX                              XXX                                   XXX</P>
<P>       Dec-05                      XXX                              XXX                                   XXX</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                  APPENDIX 16b</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>-------------------------------------------------------------------------------------------------------------</P>
<P>                                         FLIGHT ATTENDANT HOTEL VOLUME</P>
<P>-------------------------------------------------------------------------------------------------------------</P>
<P>                         COST PER CONTRACT        CONTRACT HOTEL STAYS PER           RATE PER BLOCK HOUR FOR</P>
<P>         DATE                HOTEL STAY             SCHEDULED BLOCK HOUR            EXTRAORDINARY HOTEL STAYS</P>
<P>         ----            -----------------        ------------------------          -------------------------</P>
<P>                                                                                       </P>
<P>        Jan-05                  XXX                         XXX                                XXX</P>
<P>        Feb-05                  XXX                         XXX                                XXX</P>
<P>        Mar-05                  XXX                         XXX                                XXX</P>
<P>        Apr-05                  XXX                         XXX                                XXX</P>
<P>        May-05                  XXX                         XXX                                XXX</P>
<P>        Jun-05                  XXX                         XXX                                XXX</P>
<P>        Jul-05                  XXX                         XXX                                XXX</P>
<P>        Aug-05                  XXX                         XXX                                XXX</P>
<P>        Sep-05                  XXX                         XXX                                XXX</P>
<P>        Oct-05                  XXX                         XXX                                XXX</P>
<P>        Nov-05                  XXX                         XXX                                XXX</P>
<P>        Dec-05                  XXX                         XXX                                XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                  APPENDIX 17a</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>---------------------------------------------------------------------------------------</P>
<P>                             ASSUMED PILOT TRAINING COST PER CYCLE</P>
<P>---------------------------------------------------------------------------------------</P>
<P>TRAINING CYCLE                                  2005</P>
<P>--------------                                  ----</P>
<P>                                                                                       </P>
<P>RJ</P>
<P>   Transitional                                  XXX</P>
<P>   Upgrade                                       XXX</P>
<P>   New Hire                                      XXX</P>
<P>   Recur Ground                                  XXX</P>
<P>   Recur Flight                                  XXX</P>
<P>&nbsp;&nbsp;&nbsp;Hybrid&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;                                 &nbsp; XXX</P>

<P>ATR</P>
<P>   Transitional                                  XXX</P>
<P>   Upgrade                                       XXX</P>
<P>   New Hire                                      XXX</P>
<P>   Recur Ground                                  XXX</P>
<P>   Recur Flight                                  XXX</P>

<P>Total</P>
<P>   Transitional                                  XXX</P>
<P>   Upgrade                                       XXX</P>
<P>   New Hire                                      XXX</P>
<P>   Recur Ground                                  XXX</P>
<P>   Recur Flight                                  XXX</P>
<P>&nbsp;&nbsp;&nbsp;Hybrid&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;                                &nbsp;  XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>  </P>

<P>&nbsp;</P>
<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                  APPENDIX 17b</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>    ----------------------------------------------------------------</P>
<P>                     PILOT NEW HIRE TRAINING CYCLES</P>
<P>    ----------------------------------------------------------------</P>
<P>     DATE                           RJ</P>
<P>     ----                           ---</P>
<P>                                                                    </P>
<P>    Jan-05                          XXX</P>
<P>    Feb-05                          XXX</P>
<P>    Mar-05                          XXX</P>
<P>    Apr-05                          XXX</P>
<P>    May-05                          XXX</P>
<P>    Jun-05                          XXX</P>
<P>    Jul-05                          XXX</P>
<P>    Aug-05                          XXX </P>
<P>    Sep-05                          XXX</P>
<P>    Oct-05                          XXX </P>
<P>    Nov-05                          XXX</P>
<P>    Dec-05                          XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                  APPENDIX 17c</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>    ----------------------------------------------------------------</P>
<P>                    PILOT TRANSITIONAL TRAINING CYCLES</P>
<P>    ----------------------------------------------------------------</P>
<P>     DATE             RJ</P>
<P>     ----             --</P>
<P>                                                                    </P>
<P>    Jan-05           XXX</P>
<P>    Feb-05           XXX</P>
<P>    Mar-05           XXX</P>
<P>    Apr-05           XXX           </P>
<P>    May-05           XXX           </P>
<P>    Jun-05           XXX           </P>
<P>    Jul-05           XXX           </P>
<P>    Aug-05           XXX           </P>
<P>    Sep-05           XXX           </P>
<P>    Oct-05           XXX           </P>
<P>    Nov-05           XXX           </P>
<P>    Dec-05           XXX           </P>

</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                  APPENDIX 17d</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>    ----------------------------------------------------------------</P>
<P>                      PILOT UPGRADE TRAINING CYCLES</P>
<P>    ----------------------------------------------------------------</P>
<P>     DATE            RJ</P>
<P>     ----            --</P>
<P>                                                                    </P>
<P>    Jan-05           XXX  </P>
<P>    Feb-05           XXX  </P>
<P>    Mar-05           XXX  </P>
<P>    Apr-05           XXX  </P>
<P>    May-05           XXX  </P>
<P>    Jun-05           XXX  </P>
<P>    Jul-05           XXX  </P>
<P>    Aug-05           XXX  </P>
<P>    Sep-05           XXX  </P>
<P>    Oct-05           XXX  </P>
<P>    Nov-05           XXX  </P>
<P>    Dec-05           XXX  </P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                  APPENDIX 17e</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>    ----------------------------------------------------------------</P>
<P>                   PILOT RECURRENT FLIGHT TRAINING CYCLES</P>
<P>    ----------------------------------------------------------------</P>
<P>     DATE            RJ</P>
<P>     ----            ---</P>
<P>                                                                    </P>
<P>    Jan-05           XXX </P>
<P>    Feb-05           XXX </P>
<P>    Mar-05           XXX </P>
<P>    Apr-05           XXX </P>
<P>    May-05           XXX </P>
<P>    Jun-05           XXX </P>
<P>    Jul-05           XXX </P>
<P>    Aug-05           XXX </P>
<P>    Sep-05           XXX </P>
<P>    Oct-05           XXX </P>
<P>    Nov-05           XXX </P>
<P>    Dec-05           XXX </P>

</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                  APPENDIX 17f</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>    ---------------------------------------------------------------</P>
<P>                  PILOT RECURRENT GROUND TRAINING CYCLES</P>
<P>    ---------------------------------------------------------------</P>
<P>     DATE            RJ</P>
<P>     ----            ---</P>
<P>                                                                   </P>
<P>    Jan-05           XXX  </P>
<P>    Feb-05           XXX  </P>
<P>    Mar-05           XXX </P>
<P>    Apr-05           XXX </P>
<P>    May-05           XXX </P>
<P>    Jun-05           XXX </P>
<P>    Jul-05           XXX </P>
<P>    Aug-05           XXX </P>
<P>    Sep-05           XXX </P>
<P>    Oct-05           XXX </P>
<P>    Nov-05           XXX </P>
<P>    Dec-05           XXX </P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                  APPENDIX 18a</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>       -------------------------------------------------------------------</P>
<P>                                 PILOT PER DIEM</P>
<P>       -------------------------------------------------------------------</P>
<P>                          AMOUNT PAYABLE               PER DIEM HOURS PER</P>
<P>        DATE               PER DIEM HOUR              SCHEDULED BLOCK HOUR</P>
<P>        ----              --------------              --------------------</P>
<P>                                                         </P>
<P>       Jan-05                   XXX                           XXX</P>
<P>       Feb-05                   XXX                           XXX</P>
<P>       Mar-05                   XXX                           XXX</P>
<P>       Apr-05                   XXX                           XXX</P>
<P>       May-05                   XXX                           XXX</P>
<P>       Jun-05                   XXX                           XXX</P>
<P>       Jul-05                   XXX                           XXX</P>
<P>       Aug-05                   XXX                           XXX</P>
<P>       Sep-05                   XXX                           XXX</P>
<P>       Oct-05                   XXX                           XXX</P>
<P>       Nov-05                   XXX                           XXX</P>
<P>       Dec-05                   XXX                           XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                  APPENDIX 18b</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>------------------------------------------------------------------------------</P>
<P>                            FLIGHT ATTENDANT PER DIEM</P>
<P>------------------------------------------------------------------------------</P>
<P>                          AMOUNT PAYABLE                   PER DIEM HOURS PER</P>
<P> DATE                     PER DIEM HOUR                   SCHEDULED BLOCK HOUR</P>
<P> ----                     -------------                   --------------------</P>
<P>                                                             </P>
<P>Jan-05                         XXX                                XXX</P>
<P>Feb-05                         XXX                                XXX</P>
<P>Mar-05                         XXX                                XXX</P>
<P>Apr-05                         XXX                                XXX</P>
<P>May-05                         XXX                                XXX</P>
<P>Jun-05                         XXX                                XXX</P>
<P>Jul-05                         XXX                                XXX</P>
<P>Aug-05                         XXX                                XXX</P>
<P>Sep-05                         XXX                                XXX</P>
<P>Oct-05                         XXX                                XXX</P>
<P>Nov-05                         XXX                                XXX</P>
<P>Dec-05                         XXX                                XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 19</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>------------------------------------------------------------------------------</P>
<P>                         PILOT SOFT TIME RECONCILIATION</P>
<P>------------------------------------------------------------------------------</P>
<P>                   AMOUNT PAYABLE PER          FLIGHT PAID HOURS PER SCHEDULED</P>
<P> DATE               FLIGHT PAID HOUR                  PILOT BLOCK HOUR</P>
<P> ----              ------------------          -------------------------------</P>
<P>                                                                               </P>
<P>Jan-05                    XXX                                XXX</P>
<P>Feb-05                    XXX                                XXX</P>
<P>Mar-05                    XXX                                XXX</P>
<P>Apr-05                    XXX                                XXX</P>
<P>May-05                    XXX                                XXX</P>
<P>Jun-05                    XXX                                XXX</P>
<P>Jul-05                    XXX                                XXX</P>
<P>Aug-05                    XXX                                XXX</P>
<P>Sep-05                    XXX                                XXX</P>
<P>Oct-05                    XXX                                XXX</P>
<P>Nov-05                    XXX                                XXX</P>
<P>Dec-05                    XXX                                XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 20</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>---------------------------------------------------------------------------------------</P>
<P>                            PILOT SENIORITY RECONCILIATION</P>
<P>---------------------------------------------------------------------------------------</P>
<P>                    AGGREGATE CONTINENTAL PILOTS           AMOUNT PAYABLE PER AGGREGATE</P>
<P>  DATE                TERMINATED BY CONTRACTOR             CONTINENTAL PILOT TERMINATED</P>
<P>-------             ----------------------------           ----------------------------</P>
<P>                                                              </P>
<P> Jan-05                         XXX                                     XXX</P>
<P> Feb-05                         XXX                                     XXX</P>
<P> Mar-05                         XXX                                     XXX</P>
<P> Apr-05                         XXX                                     XXX</P>
<P> May-05                         XXX                                     XXX</P>
<P> Jun-05                         XXX                                     XXX</P>
<P> Jul-05                         XXX                                     XXX</P>
<P> Aug-05                         XXX                                     XXX</P>
<P> Sep-05                         XXX                                     XXX</P>
<P> Oct-05                         XXX                                     XXX</P>
<P> Nov-05                         XXX                                     XXX</P>
<P> Dec-05                         XXX                                     XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 21</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>------------------------------------------------------------------------------------------------------------------------</P>
<P>                                           AIRPORT AGENT VOLUME RECONCILIATION</P>
<P>------------------------------------------------------------------------------------------------------------------------</P>
<P>               AMOUNT PAYABLE PER          AGENT            IMPLIED          IMPLIED          IMPLIED          IMPLIED</P>
<P> DATE           AGENT PAID HOUR          PAID HOURS       SICK TIME %       OVERTIME %       HOLIDAY %        VACATION %</P>
<P>------         ------------------        ----------       -----------       ----------       ---------        ----------</P>
<P>                                                                                                                 </P>
<P>Jan-05                XXX                   XXX               XXX              XXX              XXX              XXX</P>
<P>Feb-05                XXX                   XXX               XXX              XXX              XXX              XXX</P>
<P>Mar-05                XXX                   XXX               XXX              XXX              XXX              XXX</P>
<P>Apr-05                XXX                   XXX               XXX              XXX              XXX              XXX</P>
<P>May-05                XXX                   XXX               XXX              XXX              XXX              XXX</P>
<P>Jun-05                XXX                   XXX               XXX              XXX              XXX              XXX</P>
<P>Jul-05                XXX                   XXX               XXX              XXX              XXX              XXX</P>
<P>Aug-05                XXX                   XXX               XXX              XXX              XXX              XXX</P>
<P>Sep-05                XXX                   XXX               XXX              XXX              XXX              XXX</P>
<P>Oct-05                XXX                   XXX               XXX              XXX              XXX              XXX</P>
<P>Nov-05                XXX                   XXX               XXX              XXX              XXX              XXX</P>
<P>Dec-05                XXX                   XXX               XXX              XXX              XXX              XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 22</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>-----------------------------------------------------------------------------------------------------------------</P>
<P>                                        RECONCILIATION OF EXPENSES (000'S)</P>
<P>-----------------------------------------------------------------------------------------------------------------</P>
<P>         B(9)(a)  B(9)(a) B(9)(a)  B(9)(a)  B(9)(a)  B(9)(a)  B(9)(a)  B(9)(a)  B(9)(a)  B(9)(a)  B(9)(a) B(9)(a)</P>
<P> DATE     (i)      (ii)    (iii)    (iv)      (v)      (v)     (vi)     (vii)    (viii)  (viii)    (viii)   (ix) </P>
<P>------   -------  ------- -------  -------  -------  -------  -------  -------  -------  -------  ------- -------</P>
<P>                                                                                                                 </P>
<P>Jan-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX </P>
<P>Feb-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX </P>
<P>Mar-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX </P>
<P>Apr-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX </P>
<P>May-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX </P>
<P>Jun-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX </P>
<P>Jul-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX </P>
<P>Aug-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX </P>
<P>Sep-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX </P>
<P>Oct-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX </P>
<P>Nov-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX </P>
<P>Dec-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX </P>

<P>&nbsp;</P>
<P>         </P>
<P>----------------------------------------------------------------</P>
<P>          RECONCILIATION OF EXPENSES (000'S)</P>
<P>----------------------------------------------------------------</P>
<P>         B(9)(a)  B(9)(a)   B(9)(a)  B(9)(a)  B(9)(a)   B(9)(a)</P>
<P> DATE      (x)      (xi)     (xii)    (xiv)     (xv)     (xvi)</P>
<P>------   -------  -------   -------  -------  -------   --------</P>
<P>                                                    </P>
<P>Jan-05      XXX      XXX      XXX      XXX      XXX      XXX</P>
<P>Feb-05      XXX      XXX      XXX      XXX      XXX      XXX</P>
<P>Mar-05      XXX      XXX      XXX      XXX      XXX      XXX</P>
<P>Apr-05      XXX      XXX      XXX      XXX      XXX      XXX</P>
<P>May-05      XXX      XXX      XXX      XXX      XXX      XXX</P>
<P>Jun-05      XXX      XXX      XXX      XXX      XXX      XXX</P>
<P>Jul-05      XXX      XXX      XXX      XXX      XXX      XXX</P>
<P>Aug-05      XXX      XXX      XXX      XXX      XXX      XXX</P>
<P>Sep-05      XXX      XXX      XXX      XXX      XXX      XXX</P>
<P>Oct-05      XXX      XXX      XXX      XXX      XXX      XXX</P>
<P>Nov-05      XXX      XXX      XXX      XXX      XXX      XXX</P>
<P>Dec-05      XXX      XXX      XXX      XXX      XXX      XXX</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                  APPENDIX 22A</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>    ------------------------------------       </P>
<P>         FIRST IMPLIED RATES</P>
<P>    ------------------------------------       </P>
<P>     DATE     RJ135        RJ145       </P>
<P>    ------    -----        -----       </P>
<P>                                                                         </P>
<P>    Jan-05     XXX          XXX        </P>
<P>    Feb-05     XXX          XXX        </P>
<P>    Mar-05     XXX          XXX        </P>
<P>    Apr-05     XXX          XXX        </P>
<P>    May-05     XXX          XXX        </P>
<P>    Jun-05     XXX          XXX        </P>
<P>    Jul-05     XXX          XXX        </P>
<P>    Aug-05     XXX          XXX        </P>
<P>    Sep-05     XXX          XXX        </P>
<P>    Oct-05     XXX          XXX        </P>
<P>    Nov-05     XXX          XXX        </P>
<P>    Dec-05     XXX          XXX        </P>

<P>         </P>
<P>    --------------------------------------         ----------------</P>
<P>        SECOND IMPLIED RATES                        THIRD IMPLIED</P>
<P>    --------------------------------------         ----------------</P>
<P>     DATE            RJ135        RJ145            EXPENSES (000'S)</P>
<P>    ------           -----        -----            ----------------</P>
<P>                                                                                            </P>
<P>    Jan-05           XXX          XXX                  XXX</P>
<P>    Feb-05           XXX          XXX                  XXX</P>
<P>    Mar-05           XXX          XXX                  XXX</P>
<P>    Apr-05           XXX          XXX                  XXX</P>
<P>    May-05           XXX          XXX                  XXX</P>
<P>    Jun-05           XXX          XXX                  XXX</P>
<P>    Jul-05           XXX          XXX                  XXX</P>
<P>    Aug-05           XXX          XXX                  XXX</P>
<P>    Sep-05           XXX          XXX                  XXX</P>
<P>    Oct-05           XXX          XXX                  XXX</P>
<P>    Nov-05           XXX          XXX                  XXX</P>
<P>    Dec-05           XXX          XXX                  XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                  APPENDIX 22b</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>    -------------------------------------------------------------------------------------</P>
<P>                                        FOURTH IMPLIED RATES</P>
<P>    -------------------------------------------------------------------------------------</P>
<P>        DATE              RJ135          RJ145</P>
<P>    ------------          -----          -----</P>
<P>                                                                                       </P>
<P>    BENCHMARK SL           XXX           XXX            </P>
<P>       Jan-05              XXX           XXX            </P>
<P>       Feb-05              XXX           XXX            </P>
<P>       Mar-05              XXX           XXX            </P>
<P>       Apr-05              XXX           XXX            </P>
<P>       May-05              XXX           XXX            </P>
<P>       Jun-05              XXX           XXX            </P>
<P>       Jul-05              XXX           XXX            </P>
<P>       Aug-05              XXX           XXX            </P>
<P>       Sep-05              XXX           XXX            </P>
<P>       Oct-05              XXX           XXX            </P>
<P>       Nov-05              XXX           XXX            </P>
<P>       Dec-05              XXX           XXX            </P>
</FONT><FONT FACE="Courier New" SIZE=1><P> </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                  APPENDIX 22c</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>    -------------------------------------------------------------------------------------</P>
<P>                                         FIFTH IMPLIED RATES</P>
<P>    -------------------------------------------------------------------------------------</P>
<P>        DATE              RJ135          RJ145</P>
<P>    ------------          -----          -----</P>
<P>                                                                                       </P>
<P>    BENCHMARK SL           XXX           XXX            </P>
<P>       Jan-05              XXX           XXX            </P>
<P>       Feb-05              XXX           XXX            </P>
<P>       Mar-05              XXX           XXX            </P>
<P>       Apr-05              XXX           XXX            </P>
<P>       May-05              XXX           XXX            </P>
<P>       Jun-05              XXX           XXX            </P>
<P>       Jul-05              XXX           XXX            </P>
<P>       Aug-05              XXX           XXX            </P>
<P>       Sep-05              XXX           XXX            </P>
<P>       Oct-05              XXX           XXX            </P>
<P>       Nov-05              XXX           XXX            </P>
<P>       Dec-05              XXX           XXX            </P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                  APPENDIX 22d</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>   ---------------------------------------------------------------------</P>
<P>              SIXTH IMPLIED RATES</P>
<P>    DATE         RJ135        RJ145</P>
<P>   ---------------------------------------------------------------------</P>
<P>                                                                        </P>
<P>   Jan-05         XXX         XXX     </P>
<P>   Feb-05         XXX         XXX     </P>
<P>   Mar-05         XXX         XXX     </P>
<P>   Apr-05         XXX         XXX     </P>
<P>   May-05         XXX         XXX     </P>
<P>   Jun-05         XXX         XXX     </P>
<P>   Jul-05         XXX         XXX     </P>
<P>   Aug-05         XXX         XXX     </P>
<P>   Sep-05         XXX         XXX     </P>
<P>   Oct-05         XXX         XXX     </P>
<P>   Nov-05         XXX         XXX     </P>
<P>   Dec-05         XXX         XXX     </P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>                                   APPENDIX 23</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>                                                     </P>
<P>    COST DIFFERENCE           =                    XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

</FONT><FONT SIZE=2><P>&nbsp;</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>                                  APPENDIX 24</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>   ---------------------------------------------------------------------</P>
<P>              CHARTER FLYING</P>
<P>    DATE         RJ135        RJ145</P>
<P>   ---------------------------------------------------------------------</P>
<P>                                                                        </P>
<P>   Jan-05         XXX         XXX     </P>
<P>   Feb-05         XXX         XXX     </P>
<P>   Mar-05         XXX         XXX     </P>
<P>   Apr-05         XXX         XXX     </P>
<P>   May-05         XXX         XXX     </P>
<P>   Jun-05         XXX         XXX     </P>
<P>   Jul-05         XXX         XXX     </P>
<P>   Aug-05         XXX         XXX     </P>
<P>   Sep-05         XXX         XXX     </P>
<P>   Oct-05         XXX         XXX     </P>
<P>   Nov-05         XXX         XXX     </P>
<P>   Dec-05         XXX         XXX     </P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>

</FONT><FONT SIZE=2><P>&nbsp;</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>&nbsp;</P>
<P>                                   APPENDIX 25</P>

</FONT><FONT FACE="Courier New" SIZE=1><P>       </P>
<P>         </P>
<P>----------------------------------------------------------------------------------------</P>
<P>                                  APPENDIX 25 RATES</P>
<P>----------------------------------------------------------------------------------------</P>
<P>                                  A           B</P>
<P>                               -----        -----</P>
<P>                                                                                      </P>
<P>                                XXX          XXX</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>        </P>

<P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>
</FONT><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
</FONT><FONT FACE="Courier New" SIZE=1><P ALIGN="CENTER">APPENDIX 26</P>
</FONT><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
</FONT><FONT FACE="Courier New" SIZE=1><P>----------------------------------------------------------------------------------------</P>
<P>                                             APPENDIX 26 RATES</P>
<P>----------------------------------------------------------------------------------------</P>
<P ALIGN="CENTER">PERFORMANCE PERIOD GENERAL LEDGER ACCOUNTS</P>
<P>----------------------------------------------------------------------------------------</P>
<P>                     Account #&#9;&#9;&#9;XJT Account Name</P>
<P>                     ---------                      -----------------</P>
<P>1                    2021294000                            XXX</P>

<P>2                    2191030000                            XXX</P>

<P>3                    2190800000                            XXX</P>

<P>4                    2190900000                            XXX</P>

<P>5                    2190900200                            XXX</P>

<P>6                    2191900000                            XXX</P>

<P>7                    2192600000                            XXX</P>

<P>8                    2192700500                            XXX</P>

<P>9                    2192700600                            XXX</P>

<P>10                   2193100000                            XXX</P>

<P>11                   2395000000                            XXX</P>

<P>&nbsp;</P>
</FONT><FONT FACE="Courier New" SIZE=1><P>XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.</P>
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