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sd-10-EFTA01461870Dept. of JusticeOther

EFTA Document EFTA01461870

N 0. OUI 50W.11100$ *Ma 0143S1110(3 (Figure 1: Airline Stock Price Valuation Matrix Compaw Jo. n 2 r r. --a <0 g c wi ear * so Shaw WNW Po Oda/ WI 5-V.a Pilo Abu ..... . s. 0 PEW. OW. Vas Y10 521940 YEN 0.144/SortIngs PrIwItion Plow OWNS EVEZITOAR (Ns Salw WI Growth Eon 8 p. lIclow 6/259014 1mm I (mm) Cl a lit Low 2014E 7013 2014E 2015E 2413 2014E 2015E Book 2013 3014E 2015E 20191 11725E Growth 5W 3,31.13 3 g 8 0

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Dept. of Justice
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sd-10-EFTA01461870
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N 0. OUI 50W.11100$ *Ma 0143S1110(3 (Figure 1: Airline Stock Price Valuation Matrix Compaw Jo. n 2 r r. --a <0 g c wi ear * so Shaw WNW Po Oda/ WI 5-V.a Pilo Abu ..... . s. 0 PEW. OW. Vas Y10 521940 YEN 0.144/SortIngs PrIwItion Plow OWNS EVEZITOAR (Ns Salw WI Growth Eon 8 p. lIclow 6/259014 1mm I (mm) Cl a lit Low 2014E 7013 2014E 2015E 2413 2014E 2015E Book 2013 3014E 2015E 20191 11725E Growth 5W 3,31.13 3 g 8 0

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N 0. OUI 50W.11100$ *Ma 0143S1110(3 (Figure 1: Airline Stock Price Valuation Matrix Compaw Jo. n 2 r r. --a <0 g c wi ear * so Shaw WNW Po Oda/ WI 5-V.a Pilo Abu ..... . s. 0 PEW. OW. Vas Y10 521940 YEN 0.144/SortIngs PrIwItion Plow OWNS EVEZITOAR (Ns Salw WI Growth Eon 8 p. lIclow 6/259014 1mm I (mm) Cl a lit Low 2014E 7013 2014E 2015E 2413 2014E 2015E Book 2013 3014E 2015E 20191 11725E Growth 5W 3,31.13 3 g 8 0 tacmccastas major Aaratoolls ANN EMUS 166 30 666 56566 30% 5100 96 16039 10% 122* 154 1364 IOU 93. 84. 3.14 66z 6.3 57. 127. 160, 591% Airman AL-L6 4391 7361 32320 74% 4486 2345 1161 68. 60* 74 66 61x IN 10.0 64 6.3 075E 126, 0ob 1/141.415 3936 6460 33309 43% 4286 1609 06% 125* 129, It 1. 701 574 5.14 25x 774 624 57. 0834 1204 - How1440 1441.6 WO 532 746 40% 1649 562 - 160* 104. 044 5h 45, 43 190 736 50. 5* 032x 1 101 5% 167, 640% LINN Connie/4S LIAL-US 4161 3735 15616 11% 4020 2732 - 1401 1181 644 55s 544 4 5. IN 601 64. 5.6. 040. 100, - AVOI4p0' 41% 14.5s 11.94 1114 7.5, 63. 57* 244 7.0* 8.24 St. 0.71. 1.23. 718%1 OROVTI MOM Low Cost Cerrlass Al•Pled ALGI.LIS $11933 lie S21111 12% $12461 $61.19 - 2454 19 24 lilac 14* 11.54 10.2* 6b 671 Its III 1117x 202. 10% IN. 511% Mew SUES 1086 2866 3104 25% 1066 000 - 2054 152. 114 7* 8 54 511. 1.51 7.5s 6.6. 5.9. 0534 1314 8% 146* 709% Soullowni LW-1.13 2697 6916 16659 43% 27 70 1258 08% 24 1, 200. 162* 115x 1024 9.1x 264 77. 736 6a, 1034 134 6% 2701 576% NW SAVE-US 6261 7-2? 4 570 36% 8491 2920 - 259* 22 44 180* 220. 160* 14.2* 56 104. 924 79s 233. 296i 10% 160. 664% rallvetWO 36% 217* 192, 152. 110 11.54 Ira 401 lex 7.5x 11.7, 1.44x 1.02x 11% 1.94 61.2%1 El708/0 4/ Mellow Repot* PlET-16 slow 496 $536 1% $1392 $7.52 - 11.01 534 62* 274 254 2.34 04 6.6. 6.4. 63 036. 244. 5% 164 673% SoWeil SKYVOLIS 1191 511 609 -20% 1729 11.11 13% 104 21 74 104 14 2 Ix 1.71 04x 5.3 55, 5.14 0184 114 5% 217x 733% kLentl• 416 11114 154 alb 22. 23x 29. II/x 50x 0.4 Six 424 1.61, 5% 1.91x an] isInfat inn" AwomottO AEROACON P421 90 7136 P415627 22% P092470 051578 - 145s 124 1159 614 a* 404 201 6.3. 501 52. 0354 112. 10% 0$9. 811% AvotiC4 AVII.U6 $1632 137 7 52247 6% $1659 $13.78 0.9% 04 163x 73x 44 54, 3.3c 14 7.1. 7 $x 5.4 040. 125x 10% 073 763% 0:06 0/06.1.6 143 36 44 4 1361 -10% 10283 121 11 27% 1113. 123x 1064 II lx 100. 0.* 32. 9.2. 8.2. 7.b 214 243. 10% 1.04 463% Oa GCl-U5 559 2767 1.547 22% 691 2.74 02% NA NA 1591 NA 54 4.14 6.4 1004 634 5.84 036. 1.34 10% 1594 95.1% IATAM LEL-LIS 1360 5410 7358 -17% 1739 11 62 09% MA 20* 13* 84 49* 312. 134 1034 71, 6.3 054x 1354 10% 134 968% Volans WAS I.03 OS. 1012 884 -37% 15.94 662 - 237* NA 19 Ix 1314 342. 90, 30. 8.4. 9.5. eel 0824 190, 10% 131, 614% Ave -2% 14.3. 15/64 1114 17* Ilex 5.54 3.04 0.54 Lb 614 lift 1.574 10% 1.164 WA.3% Wee Anwar 2013 Eve Tomcat WaOn *Was ML NEW 4.47WOW/0499 VS onlorrin value OM OrstoldwdenlitynAile M dwominotr robes WAPE07DDA $nct Many', Ont Caron FiMp* et alumna 9rs Sere Readmit CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0124144 SDNY_GM_00270328 EFTA01461870

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