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Presentation - ChartNexus

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2011: Less uncertainties ahead<br />

EU Antitrust<br />

No finding of anti trust infringement by<br />

EU Commission against MAS and<br />

MASkargo, no fines imposed<br />

Aircraft Redelivery<br />

27 aircraft redelivery firmed up so far<br />

4 remaining expected to be firmed up by<br />

2Q11<br />

2011 Fuel Hedge<br />

Restructuring<br />

Hedge levels: from 40% to 33% now<br />

Average price: from USD100/bbl to<br />

USD93/bbl now<br />

Aircraft Funding<br />

Funding for all incoming aircraft in 2011<br />

has been lined up<br />

30

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