| Exhibit 10.1(d) |
|-----------------|

ExpressJet Holdings, Inc.XJT Holdings, Inc.ExpressJet Airlines, Inc.Attn.: Frederick S. CromerChief Financial Officer1600 Smith Street, HQSCHouston, TX 77002

**            Fourth Amendment tothe Capacity Purchase Agreement**

Ladies and Gentlemen:

            As you are aware,ExpressJet Holdings, Inc., XJT Holdings, Inc. and ExpressJet Airlines, Inc. (collectively, “Contractor”) andContinental Airlines, Inc. (“Continental”), are each parties to an Amended and Restated Capacity Purchase Agreementdated as of April 17, 2002, as amended by the first, second and third amendments thereto, dated March 27, 2003, December 9,2003, and September 28, 2004, respectively (as so amended, the “CPA”).  This Fourth Amendment to the CPA is datedMarch 11, 2005 but shall be effective January 1, 2005.

      Continental and Contractor each desire to amend the CPA asfollows:

1.   Article 1 of the CPA is hereby amended by replacing the definition of“Prevailing Margin” set forth in Exhibit A so as to read in its entirety as follows:

*“Prevailing Margin*– means, for any PerformancePeriod, the decimal fraction (in any event not less than zero) equal to (i) Contractor's earnings before interest, taxes andextraordinary items derived from the Scheduled Flights and Charter Flying (as determined by the separate books maintained byContractor for Regional Airline Services pursuant to Section 3.05(a)), divided by (ii) Contractor's aggregate revenuesallocable to Scheduled Flights and Charter Flying, in each of clauses (i) and (ii) above as reflected on the books and records ofContractor after giving effect to the provisions of Section 3.06(b), except for any reconciliation pursuant to ParagraphB(9)(d) of Schedule 3. 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 ofContractor. In making the calculation described in clause (ii) of this definition, Excluded Revenue shall be excluded from therevenues of Contractor.”

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2.   Article 1 of the CPA is hereby amended by replacing the definition of“Excluded Costs” set forth in Exhibit A so as to read in its entirety as follows:

“Excluded Costs– 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 orinterruptions, and other costs incurred during such period outside of the ordinary course of business in connection with suchevents, (ii) all costs allocable to Scheduled Flights cancelled during such period as a result of an event constituting Cause, andother 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 andsettlements not covered by insurance) incurred during such period to the extent that the total of all such costs exceeds an annualthreshold equal to **[Omitted and filed separately with the SEC under a request for confidential treatment]** % ofContractor’s expenses associated with Regional Airline Services implicit in Section 3.02 for such year, (iv)adjustments resulting from the physical inventory loss of any of Contractor’s spare parts inventory, (including but notlimited to any spare engines, rotable parts, repairable parts and expendable parts) (“Spare Parts Inventory”)that deviate from Contractor’s historical practice, (v) expenses associated with any accounting write-ups or write-downs ofany of Contractor’s Spare Parts Inventory as a result of any business practice or decision in respect of Contractor’sSpare Parts Inventory that deviates from Contractor’s historical practice, (vi) other expensesincurred during such period that do not comprise a portion of the Block Hour Rates reflected in Schedule 3 and are notreasonable and customary in the industry, or were not otherwise approved in advance by Continental (it beingunderstood that the expenses reimbursed pursuant to reconciliation provisions of Schedule 3 constitute expenses thatcomprise a portion of the Block Hour Rates reflected in Schedule 3), and, (vii) labor costs (including allwages, 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 BlockHour Rates then in effect, plus (b) the amounts resulting from the labor cost reconciliation provisions of Schedule 3, but only to the extent that excluding such excess results in a Prevailing Margin equal to or less than the Margin Floor prior toany reconciliation pursuant to Paragraph B(9)(d) of Schedule 3.”

3.   Article 1 of the CPA is hereby amended by deleting the definition of“Deemed Costs” in Exhibit A, and by adding thereto the following definitions:

“*Accrual*– means, (a) incurred and estimatedliabilities that Contractor has accrued but not yet realized and (b) unestimated liabilities actually realized by Contractor forwhich no accrual had been made, and in both (a) and (b) the liabilities relate to a Transaction or Year-End Target.  Accrualexcludes 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.” 

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  “*Margin Cap*– means, for any PerformancePeriod, a Prevailing Margin equal to 10.0%.”

“*Margin Floor*– means, for any PerformancePeriod, a Prevailing Margin equal to 8.5%.”

“*Eligible Performance Period*– means, aPerformance Period for which Contractor’s Prevailing Margin is less than the Margin Cap and greater than the MarginFloor.”

“*Preceding Performance Period*– means, thePerformance Period immediately preceding an Eligible Performance Period.”

“*Transaction*- means, any item included within theaccounts set forth in Appendix 26 that is not a Year-End Target.  Continental and Contractor agree that any changesfrom current accounting practices that affect Appendix 26 shall be communicated in writing to Continental and Appendix26 shall be modified accordingly from time to time.”

“*Year-End Target*– means, an estimate includedwithin the accounts set forth in Appendix 26 for which the actual cost realized is only known in the first PerformancePeriod after each fiscal year.  Continental and Contractor agree that any changes from current accounting practices thataffect Appendix 26 shall be communicated in writing to Continental and Appendix 26 shall be modified accordingly fromtime to time.”

4.   Paragraph B(9)(d) of Schedule 3 is hereby amended by deletingsuch subparagraph in its entirety and replacing it with the following:

“d.        At any time that Contractor orContinental reasonably believes that the Prevailing Margin for the current or next Performance Period will be greater than theMargin Cap for such Performance Period or less than the Margin Floor for such Performance Period, then Continental and Contractorwill meet and will adjust the Base Compensation for such Performance Period; provided that in no event will such calculation reducethe Base Compensation below an amount necessary so as to achieve a Prevailing Margin for such Performance Period equal to theMargin Cap for such Performance Period or increase Base Compensation above an amount  necessary so as to achieve a PrevailingMargin for such Performance Period equal to the Margin Floor for such Performance Period.  At the end of each PerformancePeriod in respect of which adjustments were in effect, a calculation shall be made by Contractor not later than the sixth BusinessDay of the immediately succeeding month to calculate the Prevailing Margin for the previous Performance Period.  Foradjustments made as a result of a Prevailing Margin expected to exceed the Margin Cap: (i) if the actual resulting PrevailingMargin for such Performance Period was greater than the Margin Cap for such Performance Period, then the Base Compensation for suchPerformance Period will be further decreased to the extent required to lower the actual Prevailing Margin for such PerformancePeriod to the Margin Cap for such Performance Period and Contractor shall make a payment to Continental in an amount equal to suchreduction in Base Compensation within five Business Days

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of such calculation and (ii) if the actual resulting Prevailing Margin for suchPerformance Period was less than the Margin Cap for such Performance Period, then the Base Compensation for such Performance Periodwill be increased (but only up to the Base Compensation in effect prior to its adjustment pursuant to the first sentence of thisParagraph B(9)(d) of Schedule 3) to the extent required to raise the actual Prevailing Margin for suchPerformance Period to the Margin Cap for such Performance Period and Continental shall make a payment to Contractor in an amountequal to such increase in Base Compensation within five Business Days of such calculation.  For adjustments made as a resultof a Prevailing Margin expected to be less than the Margin Floor: (i) if the actual resulting Prevailing Margin for suchPerformance Period was less than the Margin Floor for such Performance Period, then the Base Compensation for such PerformancePeriod will be further increased to the extent required to raise the actual Prevailing Margin for such Performance Period to theMargin Floor for such Performance Period and Continental shall make a payment to Contractor in an amount equal to such increase inBase Compensation within five Business Days of such calculation and (ii) if the Prevailing Margin for such Performance Period wasgreater 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 ParagraphB(9)(d) of Schedule 3) to the extent required to lower the actual Prevailing Margin for such Performance Period to theMargin Floor for such Performance Period and Contractor shall make a payment to Continental in an amount equal to such reduction inBase Compensation within five Business Days of such calculation.”

5.   Schedule 3 of the CPA is hereby amended by adding the followingthereto as Paragraph B(9)(i):

“i.   Subsequent to an Eligible Performance Period, in respect of any oneor more of Contractor’s costs that do not constitute Excluded Costs, if Contractor has in place any Accruals at the end ofthe Preceding Performance Period then in the Performance Period following such Eligible Performance Period, Contractor willreconcile the Accruals, other than those related to a Year-End Target, in place at the end of the Preceding Performance Period fordifferences between (1) the actual cost realized plus any associated Accrual during the Eligible Performance Period and (2) theassociated Accrual in place at the end of the Preceding Performance Period.  If the absolute difference between (1) the actualcost realized plus any associated Accrual during the Eligible Performance Period and (2) the associated Accrual in place at the endof the Preceding Performance Period is greater than $**[Omitted and filed separately with the SEC under a request for confidentialtreatment]**, then the following reconciliation will occur:

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a)   If (1) the Accrual in place at the end of the Preceding Performance Periodis greater than (2) the associated actual cost realized plus any associated Accrual during the Eligible Performance Period and theAccrual relates to any Performance Period prior to the Eligible Performance Period in which the Prevailing Margin exceeded theMargin Cap, prior to any reconciliation pursuant to Paragraph B(9)(d) of Schedule 3, then Contractor will payContinental an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in Appendix23.

b)   If (1) the actual cost realized plus any associated Accrual during theEligible Performance Period is greater than (2) the associated Accrual in place at the end of the Preceding Performance Period andthe Accrual relates to any Performance Period prior to the Eligible Performance Period in which the Prevailing Margin exceeded theMargin Cap, prior to any reconciliation pursuant to Paragraph B(9)(d) of Schedule 3, then Continental will payContractor an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in Appendix23.

c)   If (1) the Accrual in place at the end of the Preceding Performance Periodis greater than (2) the associated actual cost realized plus any associated Accrual during the Eligible Performance Period and theAccrual relates to any Performance Period prior to the Eligible Performance Period in which the Prevailing Margin was less than theMargin Floor, prior to any reconciliation pursuant to Paragraph B(9)(d) of Schedule 3, then Contractor will payContinental an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in Appendix23.

d)   If (1) the actual cost realized plus any associated Accrual during theEligible Performance Period is greater than (2) the associated Accrual in place at the end of the Preceding Performance Period andthe Accrual relates to any Performance Period prior to the Eligible Performance Period in which the Prevailing Margin was less thanthe Margin Floor, prior to any reconciliation pursuant to Paragraph B(9)(d) of Schedule 3, then Continental will payContractor an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in Appendix23.

e)   If the Accrual relates to any Performance Period in which the PrevailingMargin was between the Margin Cap and the Margin Floor, prior to any reconciliation pursuant to Paragraph B(9)(d) ofSchedule 3, then no reconciliation will occur.” 

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6.   Schedule 3 of the CPA is hereby amended by adding the followingthereto as Paragraph B(9)(j):

“j.   Accruals that are Year-End Targets will be reconciled in the secondPerformance Period after each fiscal year.  The actual cost realized for an applicable Year-End Target will be divided by thenumber of Performance Periods the associated Year-End Target is related to and compared to the associated Accrual made during eachapplicable Performance Period of the previous fiscal year.  The reconciliation will only occur for the followingscenarios:

a)   If the first Performance Period after the previous fiscal year is anEligible Performance Period, then for each Performance Period during the previous fiscal year that was not an Eligible PerformancePeriod, if (1) the Accrual with respect to any such Performance Period is greater than (2) the prorated portion of the actual costrealized related to the Year-End Target by at least $**[Omitted and filed separately with the SEC under a request for confidentialtreatment]**, Contractor will pay Continental, for each Performance Period meeting the foregoing criteria, an amount equal to thedifference between (1) and (2) divided by the Cost Difference set forth in Appendix 23.

b)   If the first Performance Period after the previous fiscal year is anEligible Performance Period, then for each Performance Period during the previous fiscal year that was not an Eligible PerformancePeriod, if (1) the prorated portion of the actual cost realized related to the Year-End Target is greater than (2) the Accrual withrespect to any such Performance Period by at least $**[Omitted and filed separately with the SEC under a request for confidentialtreatment]**, Continental will pay Contractor, for each Performance Period meeting the foregoing criteria, an amount equal to thedifference between (1) and (2) divided by the Cost Difference set forth in Appendix 23.

c)   If the first Performance Period after the previous fiscal year is not anEligible Performance Period, then for each Performance Period during the previous fiscal year that was an Eligible PerformancePeriod, if (1) the Accrual with respect to any such Performance Period is greater than (2) the prorated portion of the actual costrealized related to the Year-End Target by at least $**[Omitted and filed separately with the SEC under a request for confidentialtreatment]**, Continental will pay Contractor, for each Performance Period meeting the foregoing criteria, an amount equal to thedifference between (1) and (2) divided by the Cost Difference set forth in Appendix 23.

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d)   If the first Performance Period after the previous fiscal year is not anEligible Performance Period, then for each Performance Period during the previous fiscal year that was an Eligible PerformancePeriod, if (1) the prorated portion of the actual cost realized related to the Year-End Target is greater than (2) the Accrual withrespect to any such Performance Period by at least $**[Omitted and filed separately with the SEC under a request for confidentialtreatment]**, Contractor will pay Continental, for each Performance Period meeting the foregoing criteria, an amount equal to thedifference between (1) and (2) divided by the Cost Difference set forth in Appendix 23.”

7.   Paragraph B(9)(a)(iii) of Schedule 3 is hereby amended bydeleting such clause in its entirety and replacing it with the following:

“(iii) all employer-matching payments made by Contractor pursuant to any Contractor401(K) (provided that Continental shall not be required to reconcile any such payments made by Contractor to the extent that suchpayments are attributable to a change in the Contractor’s 401(K) or the Contractor’s company-match after the periodicadjustment of base compensation as described in Section 3.02 for the applicable year).”

8.   Paragraph B(9)(a)(ix) of Schedule 3 is hereby amended bydeleting such clause in its entirety and replacing it with the following:

“(ix) payments by Contractor to employees in respect of any profit-sharing andon-time performance plans of Contractor (provided that Continental shall not be required to reconcile actual profit-sharing andon-time performance expenses to the extent that such additional expenses are attributable to a Contractor-initiated change intarget benchmarks or payment rates under such plans after the periodic adjustment of base compensation as described in Section3.02 for the applicable year, and *provided further* that reconciliation for profit-sharing plans shall only occur afterthe end of each fiscal year, which reconciliation shall be for the full fiscal year, rather than on a month-to-month basis and*provided further* that reconciliation for actual costs of Contractor associated with profit sharing plans is capped at thelevel contemplated in the rates).”

9.   Paragraph B(9)(a)(xiv) of Schedule 3 is hereby amended bydeleting such clause in its entirety and replacing it with the following:

“(xiv) depreciation expense, excluding any expenditure not specifically approved byContinental or otherwise contemplated by a capital expenditure plan agreed to by Contractor and Continental;”

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10.  Paragraph B(6)(d) of Schedule 3 is herebyamended by deleting such subparagraph in its entirety and replacing it with the following:

“d.        If (A) the actual ControllableCancellation Rate for a particular aircraft type is equal to or greater than .005 and (B) the product of the actualControllableCancellation Rate and the total number of Scheduled Flights for a particular aircraft type in acalendar month as set forth in the Final Monthly Schedule exceeds the product of the total number of Scheduled Flights as set forthin the Final Monthly Schedule for such aircraft type during such calendar month multiplied by .005 (such excess number of flightsof such aircraft type being the “Fourth Cancellation Number” for such aircraft type), then the reconciliation for suchperiod shall include a payment by Contractor to Continental in an amount equal to the product of (i) the Third Incremental CostRate for such aircraft type multiplied by (ii) the Fourth Cancellation Number, multiplied by (iii) the scheduled block hours perdeparture for such aircraft type for such calendar month as set forth in the Final Monthly Schedule, multiplied by (iv) the sum of1 and the Overfly Rate for such aircraft type for such calendar month.”

11.  Paragraph B(8)(f) of Schedule 3 is hereby amended by deleting suchsubparagraph in its entirety and replacing it with the following:

“f.         Airport AgentVolume Reconciliation.  Included in the Appendix 1 Expenses is an assumed cost associated with an assumed number of Agent PaidHours.  If the lower of the Staffing Model Agent Paid Hours or actual number of Agent Paid Hours for a particular monthexceeds the assumed number of Agent Paid Hours as set forth in Appendix 21, then Continental shall pay an amount toContractor equal to the quotient of (a) the product of (i) the difference between (1) the lower of such Staffing Model Agent PaidHours 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 Appendix 21, multiplied by (iii) the rateset forth in Appendix 25 B, divided by (b) the Cost Difference set forth on Appendix 23.  If the lower of theStaffing Model Agent Paid Hours or actual number of Agent Paid Hours for a particular month is less than the assumed number ofAgent Paid Hours as set forth in Appendix 21, 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 suchStaffing Model Agent Paid Hours or such actual number of Agent Paid Hours during such month, multiplied by (ii) the assumed amountpayable per Agent Paid Hour as set forth in Appendix 21, multiplied by (iii) the rate set forth in Appendix 25 B,divided by (b) the Cost Difference set forth on Appendix 23.”

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12. Paragraph B(9)(f)(I) of Schedule 3 is hereby amended by deleting suchsubparagraph in its entirety and replacing it with the following:

“I.        The amount of assumedemployer-matching payments referred to in clause (iii) of the second sentence of Paragraph B(9)(a) included in the BaseCompensation for any particular month will be equal to the product of (1) the sum of (a) the aggregate sum of the followingproducts for each aircraft type set forth in the Final Monthly Schedule: (i) the First Implied Rate for such month for eachaircraft type set forth on Appendix 22a, multiplied by (ii) the scheduled block hours for such month and aircraft type asset forth on the Final Monthly Schedule multiplied by the First Benchmark Factor for such month, (b) theaggregate sum of the following products for each aircraft type set forth in the Final Monthly Schedule: (i) the Second Implied Ratefor such month for each aircraft type set forth on Appendix 22a, multiplied by (ii) the Appendix 7 Block Hours for suchaircraft type set forth on Appendix 7, multiplied by (iii) the scheduled departures for such month and aircraft type as setforth on the Final Monthly Schedule multiplied by the First Benchmark Factor for such month, plus(c) theproduct of (i) the Third Implied Expenses for such month set forth in Appendix 22a, multiplied by (ii) 1000, multiplied by(2) the rate set forth in Appendix 25A.”

13. Paragraph (B)(8)(b) of Schedule 3 is hereby amended by deleting suchsubparagraph in its entirety.

14. Paragraph (B)(8)(e) of Schedule 3 is hereby amended by deleting suchsubparagraph in its entirety.

15. Pursuant to Section 3.02 of the CPA, Block Hour Rates and the compensationdescribed in paragraphs A(1) and A(2)(c) of Schedule 3 are hereby adjusted as described in the revised Appendices toSchedule 3 attached hereto.  

            Capitalized terms notdefined herein shall be defined as provided in the CPA.  Except as specifically amended or modified hereby, the CPA shallremain in effect as written.  This Amendment may be signed in counterparts.

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            If Contractor is inagreement with the above Fourth Amendment to the CPA, please indicate its agreement by having an authorized representative signbelow in the space provided and return a signed copy of this Amendment to the undersigned at the address above.

|                                |                                           | Very truly yours, Continental Airlines, Inc. By:           /s/ JeffMisner                                                               Executive Vice President&                 Chief Financial Officer                                                                                                                                              |
|--------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|       |                                                                                                                                                                                                                                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|                                |                                                                                                                                                                                                                                                        | Agreed:    EXPRESSJET HOLDINGS, Inc.                 XJT HOLDINGS, INC.                 EXPRESSJET AIRLINES, INC. By:           /s/ Frederick S.Cromer                                                Vice President and                 Chief Financial Officer |

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| **Appendix 1**                  |
|---------------------------------|
|                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Appendix 1 Expenses (000's)** |
| ** **                      | **Column** | **Column** | **Column** | **Column** | **Column** | **Column** | **Column** | **Column** | **Column** | **Column** | **Column** | **Column** | **Column** | **Column** | **Column** |
| **Date**                        | **1** | **2** | **3** | **4** | **5** | **6** | **7** | **8** | **9** | **10** | **11** | **12** | **13** | **14** | **15** |
| Jan-05                          | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Feb-05                          | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Mar-05                          | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Apr-05                          | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| May-05                          | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Jun-05                          | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Jul-05                          | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Aug-05                          | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Sep-05                          | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Oct-05                          | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Nov-05                          | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Dec-05                          | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

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| **Appendix 2**           |
|--------------------------|
|                          |  |  |  |  |  |
| **2005 Benchmark Rates** |
| ** **               | **First** | **First** | **Second** | **Headstart Ontime** | **Baggage Handling** |
| **Date**                 | **Benchmark  Factor** | **Cancellation Rate** | **Cancellation Rate** | **Benchmark** | **Benchmark** |
| Jan-05                   | XXX | XXX | XXX | XXX | XXX |
| Feb-05                   | XXX | XXX | XXX | XXX | XXX |
| Mar-05                   | XXX | XXX | XXX | XXX | XXX |
| Apr-05                   | XXX | XXX | XXX | XXX | XXX |
| May-05                   | XXX | XXX | XXX | XXX | XXX |
| Jun-05                   | XXX | XXX | XXX | XXX | XXX |
| Jul-05                   | XXX | XXX | XXX | XXX | XXX |
| Aug-05                   | XXX | XXX | XXX | XXX | XXX |
| Sep-05                   | XXX | XXX | XXX | XXX | XXX |
| Oct-05                   | XXX | XXX | XXX | XXX | XXX |
| Nov-05                   | XXX | XXX | XXX | XXX | XXX |
| Dec-05                   | XXX | XXX | XXX | XXX | XXX |
|                          |  |  |  |  |  |
| **2004 Actual Rates**    |
| ** **               | **First** | **First** | **Second** | **Headstart Ontime** | **Baggage Handling** |
| **Date**                 | **Benchmark  Factor** | **Cancellation Rate** | **Cancellation Rate** | **Benchmark** | **Benchmark** |
| Jan-04                   | XXX | XXX | XXX | XXX | XXX |
| Feb-04                   | XXX | XXX | XXX | XXX | XXX |
| Mar-04                   | XXX | XXX | XXX | XXX | XXX |
| Apr-04                   | XXX | XXX | XXX | XXX | XXX |
| May-04                   | XXX | XXX | XXX | XXX | XXX |
| Jun-04                   | XXX | XXX | XXX | XXX | XXX |
| Jul-04                   | XXX | XXX | XXX | XXX | XXX |
| Aug-04                   | XXX | XXX | XXX | XXX | XXX |
| Sep-04                   | XXX | XXX | XXX | XXX | XXX |
| Oct-04                   | XXX | XXX | XXX | XXX | XXX |
| Nov-04                   | XXX | XXX | XXX | XXX | XXX |
| Dec-04                   | XXX | XXX | XXX | XXX | XXX |
|                          |  |  |  |  |  |
| **2003 Actual Rates**    |
| ** **               | **First** | **First** | **Second** | **Headstart Ontime** | **Baggage Handling** |
| **Date**                 | **Benchmark  Factor** | **Cancellation Rate** | **Cancellation Rate** | **Benchmark** | **Benchmark** |
| Jan-03                   | XXX | XXX | XXX | XXX | XXX |
| Feb-03                   | XXX | XXX | XXX | XXX | XXX |
| Mar-03                   | XXX | XXX | XXX | XXX | XXX |
| Apr-03                   | XXX | XXX | XXX | XXX | XXX |
| May-03                   | XXX | XXX | XXX | XXX | XXX |
| Jun-03                   | XXX | XXX | XXX | XXX | XXX |
| Jul-03                   | XXX | XXX | XXX | XXX | XXX |
| Aug-03                   | XXX | XXX | XXX | XXX | XXX |
| Sep-03                   | XXX | XXX | XXX | XXX | XXX |
| Oct-03                   | XXX | XXX | XXX | XXX | XXX |
| Nov-03                   | XXX | XXX | XXX | XXX | XXX |
| Dec-03                   | XXX | XXX | XXX | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

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|                       |                            |                       |                       |                      |                      |
|-----------------------|----------------------------|-----------------------|-----------------------|----------------------|----------------------|
| **2002 Actual Rates** |
| ** **            | **First**                  | **First**             | **Second**            | **Headstart Ontime** | **Baggage Handling** |
| **Date**              | **Benchmark  Factor** | **Cancellation Rate** | **Cancellation Rate** | **Benchmark**        | **Benchmark**        |
| Jan-02                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Feb-02                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Mar-02                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Apr-02                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| May-02                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Jun-02                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Jul-02                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Aug-02                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Sep-02                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Oct-02                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Nov-02                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Dec-02                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
|                       |                            |                       |                       |                      |                      |
| **2001 Actual Rates** |
| ** **            | **First**                  | **First**             | **Second**            | **Headstart Ontime** | **Baggage Handling** |
| **Date**              | **Benchmark  Factor** | **Cancellation Rate** | **Cancellation Rate** | **Benchmark**        | **Benchmark**        |
| Jan-01                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Feb-01                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Mar-01                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Apr-01                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| May-01                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Jun-01                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Jul-01                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Aug-01                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Sep-01                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Oct-01                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Nov-01                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Dec-01                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
|                       |                            |                       |                       |                      |                      |
| **2000 Actual Rates** |
| ** **            | **First**                  | **First**             | **Second**            | **Headstart Ontime** | **Baggage Handling** |
| **Date**              | **Benchmark Factor**       | **Cancellation Rate** | **Cancellation Rate** | **Benchmark**        | **Benchmark**        |
| Jan-00                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Feb-00                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Mar-00                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Apr-00                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| May-00                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Jun-00                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Jul-00                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Aug-00                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Sep-00                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Oct-00                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Nov-00                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |
| Dec-00                | XXX                        | XXX                   | XXX                   | XXX                  | XXX                  |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 3**                  |
|---------------------------------|
|                                 |  |  |
| **Appendix 3 Block Hour Rates** |
| **Date**                        | **RJ135** | **RJ145** |
| **Benchmark  SL**          | **XXX** | **XXX** |
| Jan-05                          | XXX | XXX |
| Feb-05                          | XXX | XXX |
| Mar-05                          | XXX | XXX |
| Apr-05                          | XXX | XXX |
| May-05                          | XXX | XXX |
| Jun-05                          | XXX | XXX |
| Jul-05                          | XXX | XXX |
| Aug-05                          | XXX | XXX |
| Sep-05                          | XXX | XXX |
| Oct-05                          | XXX | XXX |
| Nov-05                          | XXX | XXX |
| Dec-05                          | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 4**                  |
|---------------------------------|
|                                 |  |  |
| **Appendix 4 Block Hour Rates** |
| **Date**                        | **RJ135** | **RJ145** |
| Jan-05                          | XXX | XXX |
| Feb-05                          | XXX | XXX |
| Mar-05                          | XXX | XXX |
| Apr-05                          | XXX | XXX |
| May-05                          | XXX | XXX |
| Jun-05                          | XXX | XXX |
| Jul-05                          | XXX | XXX |
| Aug-05                          | XXX | XXX |
| Sep-05                          | XXX | XXX |
| Oct-05                          | XXX | XXX |
| Nov-05                          | XXX | XXX |
| Dec-05                          | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 5**                  |
|---------------------------------|
|                                 |  |  |  |  |  |  |  |  |  |  |
| **Appendix 5 Block Hour Rates** |  | **GH Variable Block Hour** |  | **Variable Pool Expense Block Hour** |
| **Date**                        | **RJ135** | **RJ145** |  | **Date** | **RJ135** | **RJ145** |  | **Date** | **RJ135** | **RJ145** |
| Jan-05                          | XXX | XXX |  | Jan-05 | XXX | XXX |  | Jan-05 | XXX | XXX |
| Feb-05                          | XXX | XXX |  | Feb-05 | XXX | XXX |  | Feb-05 | XXX | XXX |
| Mar-05                          | XXX | XXX |  | Mar-05 | XXX | XXX |  | Mar-05 | XXX | XXX |
| Apr-05                          | XXX | XXX |  | Apr-05 | XXX | XXX |  | Apr-05 | XXX | XXX |
| May-05                          | XXX | XXX |  | May-05 | XXX | XXX |  | May-05 | XXX | XXX |
| Jun-05                          | XXX | XXX |  | Jun-05 | XXX | XXX |  | Jun-05 | XXX | XXX |
| Jul-05                          | XXX | XXX |  | Jul-05 | XXX | XXX |  | Jul-05 | XXX | XXX |
| Aug-05                          | XXX | XXX |  | Aug-05 | XXX | XXX |  | Aug-05 | XXX | XXX |
| Sep-05                          | XXX | XXX |  | Sep-05 | XXX | XXX |  | Sep-05 | XXX | XXX |
| Oct-05                          | XXX | XXX |  | Oct-05 | XXX | XXX |  | Oct-05 | XXX | XXX |
| Nov-05                          | XXX | XXX |  | Nov-05 | XXX | XXX |  | Nov-05 | XXX | XXX |
| Dec-05                          | XXX | XXX |  | Dec-05 | XXX | XXX |  | Dec-05 | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 6**                  |
|---------------------------------|
|                                 |  |  |
| **Appendix 6 Block Hour Rates** |
| **Date**                        | **RJ135** | **RJ145** |
| Jan-05                          | XXX | XXX |
| Feb-05                          | XXX | XXX |
| Mar-05                          | XXX | XXX |
| Apr-05                          | XXX | XXX |
| May-05                          | XXX | XXX |
| Jun-05                          | XXX | XXX |
| Jul-05                          | XXX | XXX |
| Aug-05                          | XXX | XXX |
| Sep-05                          | XXX | XXX |
| Oct-05                          | XXX | XXX |
| Nov-05                          | XXX | XXX |
| Dec-05                          | XXX | XXX |

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----

| **Appendix 7**             |
|----------------------------|
|                            |  |  |
| **Appendix 7 Block Hours** |
| **Date**                   | **RJ135** | **RJ145** |
| Row 1                      | XXX | XXX |
| Row 2                      | XXX | XXX |
| Row 3                      | XXX | XXX |
| Appendix 7 Block Hours     | XXX | XXX |

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----

| **Appendix 8** |
|----------------|
|                |  |  |  |
| ** **     | **First Forecast** | **First Forecast** | **First Forecast** |
| **Date**       | **Rates** | **Rate - Component 1** | **Rate - Component 2** |
| Jan-05         | XXX | XXX | XXX |
| Feb-05         | XXX | XXX | XXX |
| Mar-05         | XXX | XXX | XXX |
| Apr-05         | XXX | XXX | XXX |
| May-05         | XXX | XXX | XXX |
| Jun-05         | XXX | XXX | XXX |
| Jul-05         | XXX | XXX | XXX |
| Aug-05         | XXX | XXX | XXX |
| Sep-05         | XXX | XXX | XXX |
| Oct-05         | XXX | XXX | XXX |
| Nov-05         | XXX | XXX | XXX |
| Dec-05         | XXX | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 9** |
|----------------|
|                |  |  |  |
| ** **     | ** ** | ** ** | ** ** |
| **EMB135**     | ** ** | **EMB145** | ** ** |
| **Stage**      | **Gallons** | **Stage** | **Gallons** |
| **Length**     | **per Blk Hr** | **Length** | **per Blk Hr** |
| XXX            | XXX | XXX | XXX |
| XXX            | XXX | XXX | XXX |
| XXX            | XXX | XXX | XXX |
| XXX            | XXX | XXX | XXX |
| XXX            | XXX | XXX | XXX |
| XXX            | XXX | XXX | XXX |
| XXX            | XXX | XXX | XXX |
| XXX            | XXX | XXX | XXX |
| XXX            | XXX | XXX | XXX |
| XXX            | XXX | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 10**      |
|----------------------|
|                      |  |  |
| **Appendix 10 Fees** |
| **Date**             | **Invoice Rate** | **Reconciliation Rate** |
| Jan-05               | XXX | XXX |
| Feb-05               | XXX | XXX |
| Mar-05               | XXX | XXX |
| Apr-05               | XXX | XXX |
| May-05               | XXX | XXX |
| Jun-05               | XXX | XXX |
| Jul-05               | XXX | XXX |
| Aug-05               | XXX | XXX |
| Sep-05               | XXX | XXX |
| Oct-05               | XXX | XXX |
| Nov-05               | XXX | XXX |
| Dec-05               | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 11**                  |
|----------------------------------|
|                                  |  |  |
| **First Incremental Cost Rates** |
| **Date**                         | **RJ135** | **RJ145** |
| Jan-05                           | XXX | XXX |
| Feb-05                           | XXX | XXX |
| Mar-05                           | XXX | XXX |
| Apr-05                           | XXX | XXX |
| May-05                           | XXX | XXX |
| Jun-05                           | XXX | XXX |
| Jul-05                           | XXX | XXX |
| Aug-05                           | XXX | XXX |
| Sep-05                           | XXX | XXX |
| Oct-05                           | XXX | XXX |
| Nov-05                           | XXX | XXX |
| Dec-05                           | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 12**                   |
|-----------------------------------|
|                                   |  |  |
| **Second Incremental Cost Rates** |
| **Date**                          | **RJ135** | **RJ145** |
| Jan-05                            | XXX | XXX |
| Feb-05                            | XXX | XXX |
| Mar-05                            | XXX | XXX |
| Apr-05                            | XXX | XXX |
| May-05                            | XXX | XXX |
| Jun-05                            | XXX | XXX |
| Jul-05                            | XXX | XXX |
| Aug-05                            | XXX | XXX |
| Sep-05                            | XXX | XXX |
| Oct-05                            | XXX | XXX |
| Nov-05                            | XXX | XXX |
| Dec-05                            | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 13**                        |
|----------------------------------------|
|                                        |  |  |
| **Appendix 13 Incremental Cost Rates** |
| **Date**                               | **RJ135** | **RJ145** |
| Jan-05                                 | XXX | XXX |
| Feb-05                                 | XXX | XXX |
| Mar-05                                 | XXX | XXX |
| Apr-05                                 | XXX | XXX |
| May-05                                 | XXX | XXX |
| Jun-05                                 | XXX | XXX |
| Jul-05                                 | XXX | XXX |
| Aug-05                                 | XXX | XXX |
| Sep-05                                 | XXX | XXX |
| Oct-05                                 | XXX | XXX |
| Nov-05                                 | XXX | XXX |
| Dec-05                                 | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 14**                  |
|----------------------------------|
|                                  |  |  |
| **Appendix 14 Block Hour Rates** |
| **Date**                         | **RJ135** | **RJ145** |
| **Benchmark  SL**           | **XXX** | **XXX** |
| Jan-05                           | XXX | XXX |
| Feb-05                           | XXX | XXX |
| Mar-05                           | XXX | XXX |
| Apr-05                           | XXX | XXX |
| May-05                           | XXX | XXX |
| Jun-05                           | XXX | XXX |
| Jul-05                           | XXX | XXX |
| Aug-05                           | XXX | XXX |
| Sep-05                           | XXX | XXX |
| Oct-05                           | XXX | XXX |
| Nov-05                           | XXX | XXX |
| Dec-05                           | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 15**                            |
|--------------------------------------------|
|                                            |  |
| **Fifth Incremental Cost Rate Allocation** |
| **Expense**                                | **Allocation Methodology** |
| Aircraft Rent                              | XXX |
| Maintenance Overhead                       | XXX |
| Hull Insurance                             | XXX |
| War Risk Insurance                         | XXX |
| Employee Incentives                        | XXX |
| Property Taxes                             | XXX |
| Depreciation                               | XXX |
| Management Fee                             | XXX |
| General & Administrative               | XXX |
| Airport Overhead                           | XXX |
| CAL Fixed Pool of Expenses                 | XXX |
| Glycol                                     | XXX |
| Snow Removal                               | XXX |
| De-icing                                   | XXX |
| Airport Facility Rent                      | XXX |
| 3rd Party Ground Handling                  | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 16a**       |
|------------------------|
|                        |  |  |  |
| **Pilot Hotel Volume** |
| **Date**               | **Cost per Contract** | **Contract Hotel Stays Per** | **Rate Per Block Hour For** |
| ** **             | **Hotel Stay** | **Scheduled Block Hour** | **Extraordinary Hotel Stays** |
| Jan-05                 | XXX | XXX | XXX |
| Feb-05                 | XXX | XXX | XXX |
| Mar-05                 | XXX | XXX | XXX |
| Apr-05                 | XXX | XXX | XXX |
| May-05                 | XXX | XXX | XXX |
| Jun-05                 | XXX | XXX | XXX |
| Jul-05                 | XXX | XXX | XXX |
| Aug-05                 | XXX | XXX | XXX |
| Sep-05                 | XXX | XXX | XXX |
| Oct-05                 | XXX | XXX | XXX |
| Nov-05                 | XXX | XXX | XXX |
| Dec-05                 | XXX | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 16b**                  |
|-----------------------------------|
|                                   |  |  |  |
| **Flight Attendant Hotel Volume** |
| **Date**                          | **Cost per Contract** | **Contract Hotel Stays Per** | **Rate Per Block Hour For** |
| ** **                        | **Hotel Stay** | **Scheduled Block Hour** | **Extraordinary Hotel Stays** |
| Jan-05                            | XXX | XXX | XXX |
| Feb-05                            | XXX | XXX | XXX |
| Mar-05                            | XXX | XXX | XXX |
| Apr-05                            | XXX | XXX | XXX |
| May-05                            | XXX | XXX | XXX |
| Jun-05                            | XXX | XXX | XXX |
| Jul-05                            | XXX | XXX | XXX |
| Aug-05                            | XXX | XXX | XXX |
| Sep-05                            | XXX | XXX | XXX |
| Oct-05                            | XXX | XXX | XXX |
| Nov-05                            | XXX | XXX | XXX |
| Dec-05                            | XXX | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 17a**                          |
|-------------------------------------------|
|                                           |  |
| **Assumed Pilot Training Cost Per Cycle** |
| **Training Cycle**                        | **2005** |
| **RJ**                                    | ** ** |
|     Transitional                | XXX |
|    Upgrade                      | XXX |
|    New Hire                     | XXX |
|    Recur Ground                 | XXX |
|    Recur Flight                 | XXX |
|    Hybrid                       | XXX |
|                                      |   |
| **Total**                                 |   |
|    Transitional                 | XXX |
|    Upgrade                      | XXX |
|    New Hire                     | XXX |
|    Recur Ground                 | XXX |
|    Recur Flight                 | XXX |
|    Hybrid                       | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 17b**                   |
|------------------------------------|
|                                    |  |
| **Pilot New Hire Training Cycles** |
| **Date**                           | **RJ** |
| Jan-05                             | XXX |
| Feb-05                             | XXX |
| Mar-05                             | XXX |
| Apr-05                             | XXX |
| May-05                             | XXX |
| Jun-05                             | XXX |
| Jul-05                             | XXX |
| Aug-05                             | XXX |
| Sep-05                             | XXX |
| Oct-05                             | XXX |
| Nov-05                             | XXX |
| Dec-05                             | XXX |

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----

| **Appendix 17c**                       |
|----------------------------------------|
|                                        |  |
| **Pilot Transitional Training Cycles** |
| **Date**                               | **RJ** |
| Jan-05                                 | XXX |
| Feb-05                                 | XXX |
| Mar-05                                 | XXX |
| Apr-05                                 | XXX |
| May-05                                 | XXX |
| Jun-05                                 | XXX |
| Jul-05                                 | XXX |
| Aug-05                                 | XXX |
| Sep-05                                 | XXX |
| Oct-05                                 | XXX |
| Nov-05                                 | XXX |
| Dec-05                                 | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 17d**                  |
|-----------------------------------|
|                                   |  |
| **Pilot Upgrade Training Cycles** |
| **Date**                          | **RJ** |
| Jan-05                            | XXX |
| Feb-05                            | XXX |
| Mar-05                            | XXX |
| Apr-05                            | XXX |
| May-05                            | XXX |
| Jun-05                            | XXX |
| Jul-05                            | XXX |
| Aug-05                            | XXX |
| Sep-05                            | XXX |
| Oct-05                            | XXX |
| Nov-05                            | XXX |
| Dec-05                            | XXX |

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----

| **Appendix 17e**                           |
|--------------------------------------------|
|                                            |  |
| **Pilot Recurrent Flight Training Cycles** |
| **Date**                                   | **RJ** |
| Jan-05                                     | XXX |
| Feb-05                                     | XXX |
| Mar-05                                     | XXX |
| Apr-05                                     | XXX |
| May-05                                     | XXX |
| Jun-05                                     | XXX |
| Jul-05                                     | XXX |
| Aug-05                                     | XXX |
| Sep-05                                     | XXX |
| Oct-05                                     | XXX |
| Nov-05                                     | XXX |
| Dec-05                                     | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 17f**                           |
|--------------------------------------------|
|                                            |  |
| **Pilot Recurrent Ground Training Cycles** |
| **Date**                                   | **RJ** |
| Jan-05                                     | XXX |
| Feb-05                                     | XXX |
| Mar-05                                     | XXX |
| Apr-05                                     | XXX |
| May-05                                     | XXX |
| Jun-05                                     | XXX |
| Jul-05                                     | XXX |
| Aug-05                                     | XXX |
| Sep-05                                     | XXX |
| Oct-05                                     | XXX |
| Nov-05                                     | XXX |
| Dec-05                                     | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

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| **Appendix 18a**   |
|--------------------|
|                    |  |  |
| **Pilot Per Diem** |
| ** **         | **Amount Payable** | **Per Diem Hours per** |
| **Date**           | **Per Diem Hour** | **Scheduled Block Hour** |
| Jan-05             | XXX | XXX |
| Feb-05             | XXX | XXX |
| Mar-05             | XXX | XXX |
| Apr-05             | XXX | XXX |
| May-05             | XXX | XXX |
| Jun-05             | XXX | XXX |
| Jul-05             | XXX | XXX |
| Aug-05             | XXX | XXX |
| Sep-05             | XXX | XXX |
| Oct-05             | XXX | XXX |
| Nov-05             | XXX | XXX |
| Dec-05             | XXX | XXX |

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----

| **Appendix 18b**              |
|-------------------------------|
|                               |  |  |
| **Flight Attendant Per Diem** |
| ** **                    | **Amount Payable** | **Per Diem Hours per** |
| **Date**                      | **Per Diem Hour** | **Scheduled Block Hour** |
| Jan-05                        | XXX | XXX |
| Feb-05                        | XXX | XXX |
| Mar-05                        | XXX | XXX |
| Apr-05                        | XXX | XXX |
| May-05                        | XXX | XXX |
| Jun-05                        | XXX | XXX |
| Jul-05                        | XXX | XXX |
| Aug-05                        | XXX | XXX |
| Sep-05                        | XXX | XXX |
| Oct-05                        | XXX | XXX |
| Nov-05                        | XXX | XXX |
| Dec-05                        | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 19**                    |
|------------------------------------|
|                                    |  |  |
| **Pilot Soft Time Reconciliation** |
| ** **                         | **Amount Payable Per** | **Flight Paid Hours Per Scheduled** |
| **Date**                           | **Flight Paid Hour** | **Pilot Block Hour** |
| Jan-05                             | XXX | XXX |
| Feb-05                             | XXX | XXX |
| Mar-05                             | XXX | XXX |
| Apr-05                             | XXX | XXX |
| May-05                             | XXX | XXX |
| Jun-05                             | XXX | XXX |
| Jul-05                             | XXX | XXX |
| Aug-05                             | XXX | XXX |
| Sep-05                             | XXX | XXX |
| Oct-05                             | XXX | XXX |
| Nov-05                             | XXX | XXX |
| Dec-05                             | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

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| **Appendix 20**                    |
|------------------------------------|
|                                    |  |  |
| **Pilot Seniority Reconciliation** |
| ** **                         | **Aggregate Continental Pilots** | **Amount Payable Per Aggregate** |
| **Date**                           | **Terminated by Contractor** | **Continental Pilot Terminated** |
| Jan-05                             | XXX | XXX |
| Feb-05                             | XXX | XXX |
| Mar-05                             | XXX | XXX |
| Apr-05                             | XXX | XXX |
| May-05                             | XXX | XXX |
| Jun-05                             | XXX | XXX |
| Jul-05                             | XXX | XXX |
| Aug-05                             | XXX | XXX |
| Sep-05                             | XXX | XXX |
| Oct-05                             | XXX | XXX |
| Nov-05                             | XXX | XXX |
| Dec-05                             | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 21**                         |
|-----------------------------------------|
|                                         |  |  |  |  |  |  |
| **Airport Agent Volume Reconciliation** |
| ** **                              | **Amount Payable Per** | **Agent** | **Implied** | **Implied** | **Implied** | **Implied** |
| **Date**                                | **Agent Paid Hour** | **Paid Hours** | **Sick Time %** | **Overtime %** | **Holiday %** | **Vacation %** |
| Jan-05                                  | XXX | XXX | XXX | XXX | XXX | XXX |
| Feb-05                                  | XXX | XXX | XXX | XXX | XXX | XXX |
| Mar-05                                  | XXX | XXX | XXX | XXX | XXX | XXX |
| Apr-05                                  | XXX | XXX | XXX | XXX | XXX | XXX |
| May-05                                  | XXX | XXX | XXX | XXX | XXX | XXX |
| Jun-05                                  | XXX | XXX | XXX | XXX | XXX | XXX |
| Jul-05                                  | XXX | XXX | XXX | XXX | XXX | XXX |
| Aug-05                                  | XXX | XXX | XXX | XXX | XXX | XXX |
| Sep-05                                  | XXX | XXX | XXX | XXX | XXX | XXX |
| Oct-05                                  | XXX | XXX | XXX | XXX | XXX | XXX |
| Nov-05                                  | XXX | XXX | XXX | XXX | XXX | XXX |
| Dec-05                                  | XXX | XXX | XXX | XXX | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----

| **Appendix 22**                        |
|----------------------------------------|
|                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Reconciliation of Expenses (000's)** |
| ** **                             | **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)** | **B(9)(a)** | **B(9)(a)** | **B(9)(a)** | **B(9)(a)** | **B(9)(a)** | **B(9)(a)** |
| **Date**                               | **(I)** | **(ii)** | **(iii)** | **(iv)** | **(v)** | **(v)** | **(vi)** | **(vii)** | **(viii)** | **(viii)** | **(viii)** | **(ix)** | **(x)** | **(xi)** | **(xii)** | **(xiv)** | **(xv)** | **(xvi)** |
| Jan-05                                 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Feb-05                                 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Mar-05                                 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Apr-05                                 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| May-05                                 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Jun-05                                 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Jul-05                                 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Aug-05                                 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Sep-05                                 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Oct-05                                 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Nov-05                                 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
| Dec-05                                 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

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| **Appendix 22a**        |
|-------------------------|
|                         |  |  |  |  |  |  |  |
| **First Implied Rates** |   | ** ** |  | **Third Implied** |
| **Date**                | **RJ135** | **RJ145** |   | **RJ135** | **RJ145** |  | **Expenses (000's)** |
| Jan-05                  | XXX | XXX |  | XXX | XXX |  | XXX |
| Feb-05                  | XXX | XXX |  | XXX | XXX |  | XXX |
| Mar-05                  | XXX | XXX |  | XXX | XXX |  | XXX |
| Apr-05                  | XXX | XXX |  | XXX | XXX |  | XXX |
| May-05                  | XXX | XXX |  | XXX | XXX |  | XXX |
| Jun-05                  | XXX | XXX |  | XXX | XXX |  | XXX |
| Jul-05                  | XXX | XXX |  | XXX | XXX |  | XXX |
| Aug-05                  | XXX | XXX |  | XXX | XXX |  | XXX |
| Sep-05                  | XXX | XXX |  | XXX | XXX |  | XXX |
| Oct-05                  | XXX | XXX |  | XXX | XXX |  | XXX |
| Nov-05                  | XXX | XXX |  | XXX | XXX |  | XXX |
| Dec-05                  | XXX | XXX |  | XXX | XXX |  | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

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| **Appendix 22b**         |
|--------------------------|
|                          |  |  |
| **Fourth Implied Rates** |
| **Date**                 | **RJ135** | **RJ145** |
| **Benchmark SL**         | XXX | XXX |
| Jan-05                   | XXX | XXX |
| Feb-05                   | XXX | XXX |
| Mar-05                   | XXX | XXX |
| Apr-05                   | XXX | XXX |
| May-05                   | XXX | XXX |
| Jun-05                   | XXX | XXX |
| Jul-05                   | XXX | XXX |
| Aug-05                   | XXX | XXX |
| Sep-05                   | XXX | XXX |
| Oct-05                   | XXX | XXX |
| Nov-05                   | XXX | XXX |
| Dec-05                   | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

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| **Appendix 22c**        |
|-------------------------|
|                         |  |  |
| **Fifth Implied Rates** |
| **Date**                | **RJ135** | **RJ145** |
| **Benchmark  SL**  | XXX | XXX |
| Jan-05                  | XXX | XXX |
| Feb-05                  | XXX | XXX |
| Mar-05                  | XXX | XXX |
| Apr-05                  | XXX | XXX |
| May-05                  | XXX | XXX |
| Jun-05                  | XXX | XXX |
| Jul-05                  | XXX | XXX |
| Aug-05                  | XXX | XXX |
| Sep-05                  | XXX | XXX |
| Oct-05                  | XXX | XXX |
| Nov-05                  | XXX | XXX |
| Dec-05                  | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

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| **Appendix 22d**        |
|-------------------------|
|                         |  |  |
| **Sixth Implied Rates** |
| **Date**                | **RJ135** | **RJ145** |
| Jan-05                  | XXX | XXX |
| Feb-05                  | XXX | XXX |
| Mar-05                  | XXX | XXX |
| Apr-05                  | XXX | XXX |
| May-05                  | XXX | XXX |
| Jun-05                  | XXX | XXX |
| Jul-05                  | XXX | XXX |
| Aug-05                  | XXX | XXX |
| Sep-05                  | XXX | XXX |
| Oct-05                  | XXX | XXX |
| Nov-05                  | XXX | XXX |
| Dec-05                  | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

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| **Appendix 23**     |
|---------------------|
|                     |  |  |
|                     |  |  |
|                     |  |  |
|                     |  |  |
| **Cost Difference** | = | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

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| **Appendix 24**    |
|--------------------|
|                    |  |  |
| **Charter Flying** |
| **Date**           | **RJ135** | **RJ145** |
| Jan-05             | XXX | XXX |
| Feb-05             | XXX | XXX |
| Mar-05             | XXX | XXX |
| Apr-05             | XXX | XXX |
| May-05             | XXX | XXX |
| Jun-05             | XXX | XXX |
| Jul-05             | XXX | XXX |
| Aug-05             | XXX | XXX |
| Sep-05             | XXX | XXX |
| Oct-05             | XXX | XXX |
| Nov-05             | XXX | XXX |
| Dec-05             | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

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| **Appendix 25**       |
|-----------------------|
|                       |  |
| **Appendix 25 Rates** |
| **A**                 | **B** |
| XXX                   | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

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| **Appendix 26**                                |
|------------------------------------------------|
|                                                |  |  |
| **Appendix 26**                                |
| **Performance Period General Ledger Accounts** |
| ** **                                     | **Account #** | **XJT Account Name** |
| 1                                              | XXX | XXX |
| 2                                              | XXX | XXX |
| 3                                              | XXX | XXX |
| 4                                              | XXX | XXX |
| 5                                              | XXX | XXX |
| 6                                              | XXX | XXX |
| 7                                              | XXX | XXX |
| 8                                              | XXX | XXX |
| 9                                              | XXX | XXX |
| 10                                             | XXX | XXX |
| 11                                             | XXX | XXX |

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

----