Air Transport Association May 21,2002 NET INCOME U.S. Scheduled Airlines $ Billions EXPECTED 9/11 IMPACT
Air Transport Association May 21,2002 TRAFFIC GROWTH Percent Change in Revenue Passenger Miles J 1999FMAMJJASONDJ 2000FMAMJJASONDJ 2001FMAMJJASOND International Domestic Y2K Million Passengers
Air Transport Association May 21,2002 TRAFFIC GROWTH Percent Change in Revenue Passenger Miles Jan 1999FMAMJJASONDJan 2000FMAMJJASONDJan 2001FMAMJJASONDJan 2002FMA International Domestic
Air Transport Association May 21,2002
Air Transport Association May 21,2002 BLOCK HOURS PER DAY PER AIRCRAFT Passenger Service %
Air Transport Association May 21,2002
Air Transport Association May 21,2002
Air Transport Association May 21,2002 Jet Airplanes vs. Capacity (ASMs) U.S. Airlines Source: World Jet Inventory ,000 4,500 5,000 5,500 6,000 6,500 7, Thousands Aircraft ASMs AIRPLANESASMs
Air Transport Association May 21,2002 AIRCRAFT ORDERS AND OPTIONS ATA U.S. Members Dec 90Jun 91Dec 91Jun 92Dec 92Jun 93Dec 93Jun 94Dec 94Jun 95Dec 95Jun 96Dec 96Jun 97Dec 97Jun 98Dec 98Jun 99Dec 99Jun 00Dec 00Jun 01Dec 01 Options Firm Orders 2,748 1,937
Air Transport Association May 21,2002 EXPECTED DELIVERY DATES ATA Members Firm Orders Options
Air Transport Association May 21,2002 U.S. AIRLINE 2001 JET FLEET By Year of Delivery to Original Owner < ,538 Aircraft (excl Regional Jets) Source: Jet Information Services 6,507 Aircraft
Air Transport Association May 21,2002 AVERAGE AGE OF FLEET Source: The Airline Monitor
Air Transport Association May 21,2002 FUEL PRODUCTIVITY Passenger Miles per Gallon
Air Transport Association May 21,2002 JET FUEL PRICE TRENDS Excludes taxes Jan 1996 Apr Jul Oct Jan 1997 Apr Jul Oct Jan 1998 Apr Jul Oct Jan 1999 Apr Jul Oct Jan 2000 Apr Jul Oct Jan 2001 Apr Jul Oct Jan 2002 Apr Jul Oct Cents per Gallon $ per Barrel WTI (Right Scale) JET FUEL (Left Scale) Forecast
Air Transport Association May 21,2002 LABOR COSTS PER EMPLOYEE Wages and Benefits e $ Thousands $ Compensation Annual Growth Rate +3.6% CPI Annual Growth Rate +3.2%
Air Transport Association May 21,2002 PRICE TRENDS System Revenue per Passenger Mile JanFebMarAprMayJunJulAugSepOctNovDec 1,0.5 1,1.0 1,1.5 1,2.0 1,2.5 1,3.0 1,3.5 1,4.0 Cents % % % $5 Bill. 2002
Air Transport Association May 21,2002 REVENUE TRENDS Business vs. Personal/Pleasure Preliminary Data JFMAMJJASONDJF BusinessPersonal Percent
Air Transport Association May 21,2002 BUSINESS VS. PERSONAL / PLEASURE 2001 Revenue & Traffic Shares 2001 Revenue Traffic Preliminary Data Business
OUTLOOK
Air Transport Association May 21,2002 CURRENT TRAFFIC TRENDS COMPARED TO GULF WAR Percent Change /91 System1990/91 International Gulf War Intl Gulf War System FEB 91 SEP 01
Air Transport Association May 21,2002 TRAFFIC GROWTH COMPARED TO GDP And Forecast for 2001 and GDP Percent Traffic Percent
Air Transport Association May 21,2002 NET PROFIT MARGIN U.S. INDUSTRY VS. AIRLINES e AIRLINES U.S. INDUSTRY Percent
Air Transport Association May 21,2002 CASH FLOW Four Quarter Moving Total $ Billions Majors and Nationals FORECAST 02/402/302/202/101/401/301/201/100/400/300/200/199/499/399/299/198/498/398/298/197/497/397/297/196/496/396/296/195/495/395/295/194/494/394/294/193/493/393/293/192/492/392/292/191/491/391/291/190/490/390/290/189/489/389/289/188/488/388/288/187/487/387/287/186/486/386/286/185/485/385/285/184/484/384/284/183/483/383/283/182/482/382/282/181/481/381/281/180/4
Air Transport Association May 21,2002 AIRLINE BALANCE SHEETS Debt as a Percent of Total Capital p 2002e Percent AIRLINES U.S. INDUSTRY