Dallas/Fort Worth International Airport Airport Overview and Air Service Development

1. Dallas/Fort Worth International AirportAirport Overview and Air Service Development Transportation Club of Dallas/Fort Worth September 10, 2007

2. Agenda • DFW Airport Overview • International Air Service Development • Impacts of the Wright Amendment Compromise

3. DFW Airport Overview

4. DFW Airport OverviewAn investment in 18,000+ acres of land will ultimately support eight runways and six terminals. • 7 runways • 4 are 13,400’ • 4 aircraft can land simultaneously • Hourly operations • 279 VFR • 186 IFR • Any aircraft at maximum payload can land at DFW Source: FAA Airport Capacity Benchmark Report 2001

5. DFW Airport Overview DFW ranks 3rd in the world for daily operations and 6th for passengers. 2006 Daily Departures (Thousands) 2006 Annual Passengers (Millions) DFW is one of only three airports averaging more than 900 departures per day. DFW serves more than 60 million passengers per year. Source: Airports Council International (ACI), 2006

6. DFW Airport Overview DFW is the pre-eminent mid-continent hub. The Airport’s international route network is capable of supporting millions of local and connecting passengers every year. 135 Nonstop Domestic Destinations 36 Nonstop International Destinations Source: Seabury APGDat, OAG

7. DFW Airport Overview DFW is served by 21 passenger and 16 cargo carriers. Cargo Passenger

8. DFW Airport Overview DFW has received top honors from Airports Council International and J. D. Power and Associates. • Ranked “Highest in Customer Satisfaction for Large Airports” in the J.D. Power and Associates 2007 North America Airport Satisfaction StudySM • Voted “Best Airport in the Americas” for Customer Service in the Airports Council International Survey 2006 Dallas/Fort Worth International Airport received the highest numerical score among large airports (30+ million passengers/year) in the proprietary J.D. Power and Associates 2007 North America Airport Satisfaction StudySM. Study based on 17,421 total evaluations from passengers measuring 17 large airports and measures opinions of passengers May 2006-April 2007. Proprietary study results are based on experiences and perceptions of passengers surveyed within one month of flight. Your experiences may vary. Visit jdpower.com

9. DFW Airport OverviewDFW Airport is a major catalyst to the regional economy. • $16.6 billion in total economic output • 305,000 full-time jobs • $7.6 billion in payroll Source: The Economic Impact of Dallas/Fort Worth International Airport 2005, Texas Department of Transportation

10. International Air Service Development

11. International Air Service Development International O&D passengers were up year-over-year in 2006. DFW International O&D Passengers (Millions) +10.5% Note: Numbers do not include foreign flag carriers. Source: Seabury APGDat, U.S. DOT O&D.

12. International Air Service Development Europe is DFW’s largest international market, followed by Mexico, Asia and Canada. DFW Airport International O&D Passengers (%) Source: Sabre Consulting, Calendar Year 2006 adjusted MIDT data

13. International Air Service Development: EuropeDFW has targeted seven markets in Europe for new service.

14. International Air Service Development: Europe British Airways will move its DFW flights from London Gatwick to Heathrow. • New flights begin March 30, 2008 • Jeff Fegan and Joe Lopano met with British Airways’ Willie Walsh to make the announcement at the airline’s headquarters in London

15. International Air Service Development: EuropeThere are more than142 logical connections available to the DFW traveler from London Heathrow. Connections include fast-growing areas such as India and the Middle-East. Source: Seabury APGDat, June 2007 OAG Schedule

16. International Air Service Development: AsiaDFW has identified at least six markets of interest in Asia.

17. International Air Service Development: AsiaFurthermore, DFW is exploring opportunities to India. These flights could be nonstop or via an intermediate point such as Brussels, Belgium.

18. International Air Service Development: MexicoAlthough DFW already has a good network to Mexico, there are several other markets that have been identified as opportunities.

19. International Air Service Development: Cargo DFW’s international cargo network serves 12 major cargo hubs worldwide. Source: OAG

20. International Air Service Development: Cargo International cargo at DFW has almost doubled since 2000. International Cargo (Thousands of Metric Tonnes) Asian freighters are the driving force behind the robust growth. Source: DFW Monthly Flight Activity Reports

21. Impacts of the Wright Amendment Compromise

22. Impacts of the Wright Amendment CompromiseSouthwest flew nonstop to 14 destinations from Love Field prior to the Wright Amendment Reform Act. Source: Seabury Database, OAG, and Southwest Airlines website.

23. Impacts of the Wright Amendment Compromise Subsequent to the Reform Act, Southwest added 29 cities. These cities were reachable by a one-stop through flight or connection. Legend: Nonstop service 1 stop/connection Source: Seabury Database, OAG, and Southwest Airlines website.

24. Impacts of the Wright Amendment CompromiseIn response to Southwest, AAlowered its business fares out of DFW Airport. One-Way Business Fares on AA From DFW Airport* - 60.8% - 51.8% - 48.9% - 45.1% - 38.4% - 64.3% *Note: Prices reflect fully-refundable, advance purchase fares of up to 3 days. Source: Harrell Associates H100 Airfare Report.

25. Impacts of the Wright Amendment Compromise AA also lowered its leisure fares out of DFW Airport as much as 50%. One-Way Leisure Fares on AA from DFW Airport - 24% - 16% - 49% - 38% - 28% - 18% - 20% - 50% Source: Harrell Associates H100 Airfare Report.

26. Impacts of the Wright Amendment Compromise In June 2007, DFW served more than 2.3 million O&D guests. Total DFW O&D Passengers (Millions) CYTD 07 vs. 06 = +5.6% FYTD 07 vs. 06 = +5.5% +4.2% Source: Sabre Consulting, Adjusted MIDT Bookings

27. Dallas/Fort Worth International AirportAirport Overview and Air Service Development Transportation Club of Dallas/Fort Worth September 10, 2007