1. Quarterly Results and FY 2011 Financial Outlook
Blue Yonder Airlines| Doris Hartwig | July 2010
Quarterly Results and FY 2011 Financial Outlook

2. Agenda Quarterly Results – 4th Quarter FY 2010
4. A numbered list appears on slide 2.
Quarterly Results – 4th Quarter FY 2010
FY 2011 Financial Outlook
3. An underline has been applied to 4th Quarter FY 2010 in slide 2.
5. The list is formatted Roman numerals and the Theme color, Dark Teal, Background 2.

3. 4th Quarter 2010 Adjusted Financial Highlights
% Change
Adjusted EPS
$6.2M
0.0%
Revenues
$14.2M
(0.5%)
Cash Expense
$1.6M
0.7%
Operating Expense
$12.5M
0.3%
Operating Income
$2.3M
(0.2%)
EBITDA
$2.8M
(1.2%)
Debt
($1.2M)
(10.6%)

4. Earnings Reconciliation
Reported Earnings (loss) per share
($.12)
Investment-related Write-downs
$.10
Investment 1
Investment 2
$.07
$.03
Gain on Sale
$.05
$.02
Adjusted Earnings per Share

5. Balance Sheet Highlights
Anticipate profits from sales of ancillary subsidiaries
Reduced debt by more than 10%
6. On slide 5, the first item on the list begins with Anticipate.

6. Innovation and Marketing
Three new products/services in Research and Development
Rollout planned for new division
Campaigns targeting new markets

7. 4th Quarter Summary Economic environment impedes sales
Renewed commitment to innovation and marketing
7. The second item on slide 7 begins with Renewed commitment.
8. All bullets are formatted as Dark Teal Arrow Bullets.

8. Projected Earnings

9. 2011 Projected Outlook Assumptions Economic recovery imminent
Pending issues
Legacy holdings
Regulatory changes
Capital management
Balance sheets
9. On slide 9, Legacy holdings and Regulatory changes have been demoted one list level.

10. FY 2011 Projections Estimated % Change Revenue Growth $14.2M (0.5%)
EPS
$1.6M
0.7%
Capital Expenditures
$12.5M
0.3%

11. Projected Capital Expenditures

12. Summary Additional capital flow anticipated in 3rd Quarter
14. The Fly Out goes to the upper right.
Additional capital flow anticipated in 3rd Quarter
Development, marketing key
13. A Fly Out effect has been added to the airplane clip art on slide 12.