No.170-1 2011 12 20 - dbj.jp

1 RPK to IT 30% 15% FFP 2012 2011 12 20 1-1_ RPK 1-2_

2 RPK ( ) (ICAO ) ( )The Boeing Company(CMO) & airbus (GMF) 1-3_ 1-4_ ( ) 1-1 4 ACI WORLD AIRPORT TRAFFIC REPORT2010 1-5_ 1-6_ ( )The Boeing Company(CMO) ( ) RPK 2009 LCC LCC RPK_Billion 2010_International Passenger(Domestic_Japan=100 )(billion)(1,000 )1 Delta162,6152 United-Continental*145,5503 Southwest106,2284 Lufthansa-Group 91,1575 American86,1276 China Southern76,4567 Ryan72,1008AF-KLM71,3209 China Eastern64,93010US Airways51,85311 IAG-Group*50,600* 4,7,8 3 12 2010_TOP10 WORLD AIRLINE 20 year Growth measuresBoeingAirbus Passenger(Japan=100 ) 2011 12 20 2-1_ 2-1_ 2-1_ 2-2_ 2-4_ ( )

3 The Boeing Company Airbus2011 10 NWC LCC GBC 2-1 NWC LCC GBC GBC A380 LCC KLM bmi TACA LAN TAM 100% 35% 100% 25% 20% 35% 35% 25% 49% 26% 50% 100% 49% 25% 25% 49% 100% Lufthansa -KLMB ritish AirwaysUnited ContinentalDeltaAmericanSouthwest JetblueRyan easyJetJetstar Air AsiaGolShingaporeEmiratesCathay PacificQatar LCC LCC NWC NWC NWC 6

4 Wide-body Aircraft Orders (A380-B787 including Delivery) 2011 12 20 2-3_ 3-1_LCC 3-2_ 3-3_ 3-4_ MIT_AIRLINE DATA PROJECT MIT_AIRLINE DATA PROJECT LCC to LCC NWC IT 2000200120022003200420052006200720082009 2010 NWCLCCT otal ASMs Produced Per Dollar of Employee

5 CompensationAirFrance-KLML ufthansaSingaporeCathay PacificQantasEmiratesSouthwestJetblueRya nEasyjetVirgin aust aliaAirAsiaDeltaUnitedContiAmerican* /ASK Europe 100 @ RPK Passenger 2011/11/8 2011/11/15 _ 2011/10/7 13,000 R4 39,310 * \1,000- 9,000 26,000 DELTA 59,800 Q 11,960 14,000 * \5,100-20% 36,000 3 20,000 56,000 JAL 20,000 9,000 9,000 @3,640km80100 EuropeNWC@2,577kmAsiaC-EastCarierNorthAm ericaNWC @2,159kmLCC@1,324km7153 No. 170-4 2011 12 20 4-1_LCC 4-2_LCC CAPA_AIRLINE Leader LCC LCC 30% 15% LCC LCC FFP ICT LCC Capacity share by Malaysia Romania Portgal Sweden Africa Indonesia *2010.

6 10months to Oct 2010*EuropeNorth AmericaCentral South AmericaAsia PacificGLOBAL 2011 12 20 CAPA_AIRLINE Leader 4-3_LCC CAPA_AIRLINE Leader 4-4_LCC NWC LCC LCC 30% 15% LCC LCC FFP ICT LCC Capacity share by Malaysia Romania Portgal Sweden Africa Indonesia *2010:10months to Oct 2010*EuropeNorth AmericaCentral South AmericaAsia PacificGLOBAL Y FCY LCC LCC Ryan Southwest Airtran LCC Snack Catering FFP A320orB737A320orB737 2 2 to LCC AirAsiaX Jetstar* Catering CateringFFP 2 2 2 2 Aisle 2 Aisle* 2 Aisle 2011 12 20 5-1_ 5-2_ LCC 1) 2) 3)

7 LCC 2 LCC LCC 2 NWC LCC LCC LCC LCC LCC LCC ICT LCC LCC LCC + ( ) 2011 12 20 IR 5-3_ 5-4_ LCC LCC 1) 2) 3)

8 LCC 2 LCC LCC 2 NWC LCC LCC LCC LCC LCC LCC ICT LCC LCC LCC + + ( )( ) Skymark 100 Skymar AirAsia 2011 12 20 6-1_ 6-2_ 6-1_ 6-2_ 6-1_ 6-2_ CAA 6-3 6-4 & LCC NWC NWC LCC NWC LCC NWC 50% NWC

9 LCC 1990=100 020,00040,00060,00080,000100,000120,0001 40,0001990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 OthersLCCNWC housands 2011 12 20 63_ 64 & _ ( ) 2005 9 2007 (2007/6-12 ) 6-5_LCC LCC NWC NWC LCC NWC LCC NWC 50% NWC LCC 1990=100 SHOPPINGFOODCULTURESHOPPINGFOODCULTURELC CNWCLCCNWCTRAINBUSTRAIN/BUS TAXITRAIN/BUS TAXITRAIN/BUS

10 TAXITRAIN/BUS TAXI Value Chain Value Chain [ ]020,00040,00060,00080,000100,000120,000 140,0001990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 OthersLCCNWC hou