Exhibit 1 Domestic Available Seat Miles, 1978-2009 800 Case3:10-cv-02858-RS Document75-2Filed08/24/10Page1of151 700 600 500 les (in Billions) (in les ii 400 300 Available Seat M 200 100 - Source: Bureau of Transportation Statistics, T1 Data. CONFIDENTIAL Exhibit 2 Domestic Revenue Passenger Miles, 1978-2009 700 Case3:10-cv-02858-RS Document75-2Filed08/24/10Page2of151 600 500 400 iles (in Billions) (in iles MM 300 evenue Passenger Passenger evenue RR 200 100 - Source: Bureau of Transportation Statistics, T1 Data. CONFIDENTIAL Notes: American, Delta/Northwest, US Airways, US Delta/Northwest, American, Morris Air,Kiwi International,Valujet, ProAir,Western Pacific, Sources: LCCsjetBlue, Spirit, include Southwest, DatabaseData; Labor Statistics, HUB Bureau of Products, Real Average Yield ($) 0.10 0.15 0.20 0.25 0.30 0.35 0.40 1Q1990 3Q1990 1Q1991 3Q1991 1Q1992 3Q1992 and Alaska Airlines. Yields include Yields and AlaskaAirlines. 1Q1993 3Q1993 Frontier, AirTran, Allegiant, Virgin America, Frontier, AirTran, Virgin America, Allegiant, 1Q1994 1Q1990 Inflation-Adjusted Yield, – 4Q2009 3Q1994 1Q1995 3Q1995 1Q1996 Eastwind Airlines, AirSouth, 3Q1996 Consumer Price Index, series Consumer CUUR 1Q1997 3Q1997 Legacy Carriers top 1,000 city OD passengers. pairs based 1,000 on 2009 top 1Q1998 CONFIDENTIAL Exhibit 3 3Q1998 1Q1999 3Q1999 1Q2000 Sun Country,Sun ATA Airlines, VanguardAirline 3Q2000 Accessair Legacy Carr andSkybus. 1Q2001 LCCs 3Q2001 1Q2002 0000SA0, base 0000SA0, year = 2009. 3Q2002 1Q2003 3Q2003 1Q2004 3Q2004 1Q2005 3Q2005 1Q2006 iers include United, Continental, United, iers include 3Q2006 1Q2007 s, National,Independence, 3Q2007 1Q2008 3Q2008 1Q2009 3Q2009 Case3:10-cv-02858-RS Document75-2 Filed08/24/10 Page3 of 151 of Page3 Filed08/24/10 Document75-2 Case3:10-cv-02858-RS Exhibit 4 LCC and Legacy Passenger Shares, 2000 v. 2009 30% Case3:10-cv-02858-RS Document75-2Filed08/24/10Page4of151 25% 2000 2009 20% nger Shares nger ee 15% Domestic OD Pass 10% 5% 0% Southwest Delta Air American United Air US Airways Continental AirTran JetBlue Alaska Frontier Airlines Lines Airlines Lines Air Lines Airways Airways Airlines Airlines Source: Database Products, HUB data. Notes: Carrier shares for both 2000 and 2009 are combined as follows: Delta Air Lines includes Northwest, American Airlines includes Trans World Airways, US Airways includes America West Airlines, and Frontier Airlines includes Mid West Airline. Top ten carriers shown ranked by 2009 OD passengers. CONFIDENTIAL Exhibit 5 Legacy Carriers’ Exposure to LCC Competition City Pairs, 2009 Case3:10-cv-02858-RS Document75-2Filed08/24/10Page5of151 Expos ed Airline Expos ed Airline Legacy Carrier Passengers Revenue American Airlines 27,054,596 $4,918,985,059 Alaska Airlines 6,992,700 $1,046,669,320 Continental Air Lines 18,905,602 $3,364,981,357 Delta Air Lines 43,338,445 $7,427,967,744 United Air Lines 25,152,901 $4,948,761,805 US Airways 25,491,617 $4,389,147,036 % of Airline % of Airline Legacy Carrier Passengers Revenue American Airlines 59% 53% Alaska Airlines 57% 45% Continental Air Lines 71% 69% Delta Air Lines 58% 50% United Air Lines 66% 61% US Airways 61% 55% Sources: Database Products, HUB Data; Bureau of Labor Statistics, Consumer Price Index, series CUUR0000SA0, base year = 2009. Notes: [1] Exposed city pairs have at least one LCC with at least a 10% share. [2] Airports in a city are grouped as follows: Chicago (MDW and ORD), Cleveland (CAK and CLE), Cincinnati (CVG and DAY), Dallas (DAL and DFW), Washington DC (BWI, DCA and IAD), Houston (HOU and IAH), Los Angeles (BUR, LAX and LGB), Miami (FLL and MIA), New York City (EWR, JFK andLGA), San Francisco (OAK and SFO) and Tampa (PIE and TPA). [3] LCC airlines in the 2009 data are jetBlue Airways (B6), Frontier Airlines (F9), AirTran Airways (FL), Allegiant Air (G4), Spirit Airlines (NK), Sun Country Airlines (SY), Virgin America (VX), and Southwest Airlines (WN). CONFIDENTIAL Vanguard Airlines, National, Note: Source: LCCs with at a city least share onpaira with 10% inquarter includeSout LCCs Database Products, HUB Data. HUB Database Products, Percentage of Passengers 40% 45% 50% 55% 60% 65% 70% 75% 80% 85% 90% Percent of Domestic Passengers on City Pairs with at least 10% LCC Share, ofDomesticPassengersonCityLCC Pairswithatleast10% Percent 1Q2000 Independence, Pro Air and Skybus. Air and Independence, Pro 2Q2000 3Q2000 4Q2000 1Q2001 2Q2001 3Q2001 4Q2001 1Q2002 2Q2002 3Q2002 4Q2002 1Q2003 2Q2003 1Q2000 – 4Q2009 hwest, Spirit, jetBlue, Frontier, AirTran, Spirit, Allegiant, hwest, Virg 3Q2003 4Q2003 CONFIDENTIAL 1Q2004 Exhibit 6 2Q2004 3Q2004 4Q2004 1Q2005 2Q2005 3Q2005 4Q2005 1Q2006 2Q2006 3Q2006 4Q2006 1Q2007 2Q2007 3Q2007 4Q2007 in America, in America, Sun Country, ATA Airlines, 1Q2008 2Q2008 3Q2008 4Q2008 1Q2009 2Q2009 3Q2009 4Q2009 Case3:10-cv-02858-RS Document75-2 Filed08/24/10 Page6 of 151 of Page6 Filed08/24/10 Document75-2 Case3:10-cv-02858-RS Exhibit 7 Entry Events on Top 1,000 City Pairs, 2000-2009 90.0% 83.2% Case3:10-cv-02858-RS Document75-2Filed08/24/10Page7of151 80.0% 70.0% 64.4% 60.0% 50.0% ity Pairs ity CC 44.1% 40.0% Percentage of Percentage 31.0% 30.0% 19.1% 20.0% 16.8% 10. 0% 0.0% 0 1 or more 2 or more 3 or more 4 or more 5 or more Number of Entries Source: Database Products, HUB Data. Notes: [1] City pairs are non-directional. [2] To be considered an entrant the carrier's share must be greater than ten percent. [3] Top 1,000 city pairs ranked by total 2009 passengers. CONFIDENTIAL Exhibit 8 18 Entry, Exit, and Bankruptcy Filings, 1979-2009 16 Case3:10-cv-02858-RS Document75-2Filed08/24/10Page8of151 14 12 10 er of Carriers er of bb 8 Num 6 4 2 0 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Entry Ba nkruptcy Filings Exit Sources: Borenstein, Severin, and Nancy L. Rose, "How Airline Markets Work... Or Do They? Regulatory Reform in the Airline Industry", mimeo, October 2008 Figure 8; Jordan W.A.," Airline Entry Following U.S. Deregulation: The Definitive List of Startup Passenger Airlines, 1979-2003", 2005, pp. 8- 12, presented at the 2005 Annual meeting of Transportation Research Forum; Air Transport Association of America, U.S. Airline Bankruptcies & Service Cessations, <http://www.airlines.org/Economics/DataAnalysis/Pages/USAirlineBankruptciesServiceCessations.aspx>; Bureau of Transportation. Statistics, "Full-Time and Part-Time Airline Employment Data by Month": <http://www.bts.gov/airline_employment/src/index.xml.>. Note: Excludes cargo and charter carriers. CONFIDENTIAL Exhibit 9 Estimated Cost Savings Case3:10-cv-02858-RS Document75-2Filed08/24/10Page9of151 Synergy (in Millions) Continental Synergy (in Millions) United Corporate Overhead $284 Management Synergies $190 Spoke Stations $86 Information Technology $108 Technology $72 Station Overlap $148 Marketing/Reservations/Sales $66 Non-Airport Facilities $18 Maintenance $31 Procurement $151 Labor Dis-Synergy $272 Labor Dis-Synergy $277 Other Dis-Synergies $103 Total $338 Total $165 Sources: Continental Airlines, Inc., “Board of Directors Meeting,” April 28, 2010 4(c)(35), p. 25; UAL Corporation, “Board of Directors Meeting,” April 30, 2010, UALCORP01379 – 1516 at UALCORP01415. CONFIDENTIAL Exhibit 10 Improvements in Quality Case3:10-cv-02858-RS Document75-2Filed08/24/10Page10of151 Pre-Merger Post-Merger Percent Change Hours of Inconvenience 6.1 5.8 -4.0% Non-Stop Destinations 47.3 52.8 11.7% One-Stop Destinations 96.0 121.7 26.8% Sources: United PFM output; Continental time-of-week curves. Notes: [1] Based on marketing carrier. [2] Averages are weighted by pre-merger UA and CO passengers. CONFIDENTIAL Exhibit 11 Increases in Available Seat Miles (In Billions) Case3:10-cv-02858-RS Document75-2Filed08/24/10Page11of151 Pre-Merger Post-Merger Percent Change Domestic 144.0 145.6 1.05% International 114.1 114.1 0.04% Total 258.1 259.7 0.60% Source: United PFM output. Note: [1] ASM is calculated as seat capacity multiplied by flight distance. CONFIDENTIAL Exhibit 12 New Frequencies on Conduit Routes Case3:10-cv-02858-RS Document75-2Filed08/24/10Page12of151 Departure Directional Route Time DENIAH 15:15 IAHDEN 10:20 EWRSFO 14:27 SFOEWR 20:30 IADIAH 11:30 IAHIAD 12:55 IAHLAX 6:28 IAHLAX 22:55 LAXIAH 6:00 LAXIAH 23:30 IAHORD 16:25 ORDIAH 9:50 IAHSFO 12:53 SFOIAH 9:00 Source: UAL Corporation, "Coldplay - Growth Conduits Q Schedule," July 1, 2010. CONFIDENTIAL Exhibit 13 New Non-Stop Growth Routes Case3:10-cv-02858-RS Document75-2Filed08/24/10Page13of151 Domestic Growth Routes International Growth Routes Chicago, IL (ORD) to: Chicago, IL (ORD) to: Flint, MI (FNT) Mexico City, Mexico (MEX) Fort Walton Beach, FL (VPS) Monterrey, Mexico (MTY) Denver, CO (DEN) to: Los Angeles, CA (LAX) to: Amarillo, TX (AMA) Guadalajara, Mexico (GDL) Lubbock, TX (LBB) Mazatlan, Mexico (MZT) Mexico City, Mexico (MEX) Houston, TX (IAH) to: Monterrey, Mexico (MTY) Bakersfield, CA (BFL) San Jose, Costa Rica (SJO) Burbank, CA (BUR) San Salvador, El Salvador (SAL) Cedar Rapids, IA (CID) Fargo, ND (FAR) Washington, DC (IAD) to: Grand Junction, CO (GJT) Panama City, Panama (PTY) Palm Springs, CA (PSP) San Jose del Cabo, Mexico (SJD) Spokane, WA (GEG) San Salvador, El Salvador (SAL) Newark, NJ (EWR) to: Colorado Springs, CO (COS) Des Moines, IA (DSM) San Francisco, CA (SFO) to: New Orleans (MSY) Source: United PFM output. Note: [1] Four routes in the growth schedule (IAH-ASE, LAX-AUS, ORD-ERI, ORD-PTY) are excluded because they do not meet United's profitability threshold. CONFIDENTIAL Exhibit 14 Variables in United's PFM Variable Description Case3:10-cv-02858-RS Document75-2Filed08/24/10Page14of151 Level-of-service Dummy variable representing the level-of-service of the itinerary (nonstop, direct, single-connect, or double- connect) with respect to the best level-of-service available in the city-pair.