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Print	(The month selection does not apply to Revenue and Costs and On-Time Summary)	Passenger Cargo

Colgan Air (9L)	Scheduled Services Only	BTS Data as of 2/9/2010

Summary Data (U.S. Airports, 12 Months Ending October)

Top Domestic Markets* (November 2008 - October 2009)

	2008	2009	%Chg	Rank¹
Passengers	2,277k	2,537k	11.44%	32
Departures	118k	106k	-10.37%	26
RPM ²	494m	584m	18.28%	35
ASM ³	924m	1,009m	9.22%	35
Loadfactor	53.5%	57.9%	4.40 pts	50
Air Cargo ⁴	70k	100k	41.84%	52
Markets Served	67	59	-11.94%
Share ⁵	0.09%	0.11%	0.02 pts	35
1 Among 87 passenger carriers for 2009 2 Revenue Passenger Miles 3 Available Seat Miles 4 Air Cargo is the sum of Freight and Mail in pounds. 5 Market share based on Revenue Passenger Miles.

Market	Passengers	Share**

Newark, NJ	683.52k	6.02%
Washington, DC	265.00k	1.60%
Houston, TX	245.02k	1.26%
Pittsburgh, PA	91.78k	2.37%
Boston, MA	73.80k	0.69%
Other	1,178.21k	0.18%
* Based on total enplaned passengers at all airports in a city. ** The table shows the carrier's share in each of the markets. The pie chart shows each market's share in the carrier's total air passengers.

Monthly Flight Operations (ending October 2009)

Revenues and Costs

2008 vs. 2009 (4 quarters ending Q3 of each year)
	2008	2009	%Chg¹
Operating Revenue (millions)	139	234	68.35%
Operating Cost (millions)	144	215	49.31%
Operating Profit/Loss (millions)	-5	19	P
Net Income (millions)	-9	-0	100.00%
Passenger Yield (cents)²	26.55	34.16	28.66%
Revenue per ASM (cents)³	15.17	21.10	39.09%
Cost per ASM (cents)⁴	15.71	19.40	23.49%

1 When negative in profit or net income, P=Profit in latest period vs year earlier loss, L=Loss in latest period vs earlier profit, and ...=Not meaningful. 2 Calculated by dividing passenger revenue by revenue passenger miles. 3 Calculated by dividing operating revenue by available seat miles. 4 Calculated by dividing operating cost by available seat miles.

Top Domestic Origin-Destination City Pairs *

Colgan Air On-Time Performance Summary

* Based on enplaned passengers of all airports for a city pair November 2008 - October 2009.

Domestic Flights, 2004-2009*
% On Time	2004	2005	2006	2007	2008	2009	Rank**
Departure	-	-	-	-	-	-	N/A
Arrival	-	-	-	-	-	-	N/A
Avg Delay (min.)***
Departure	-	-	-	-	-	-	N/A
Arrival	-	-	-	-	-	-	N/A
% Cancelled
Total	-	-	-	-	-	-	N/A
Number of Flights (000)
Total	-	-	-	-	-	-	N/A
* December 2008 - November 2009. 9L reported 0 months data for this period. Ranked for December 2008 - November 2009 * A flight is considered delayed when it arrived or departed 15 or more minutes later than the schedule. Average delayed minutes are calculated from delayed flights only.