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CHINA SOUTHERN AIRLINES COMPANY LIMITED (ZNH)

China Southern Airlines Company Limited, through its subsidiaries, engages in the operation of airlines, as well as in aircraft maintenance and air catering operations in the People's Republic of China and internationally. It provides commercial airlines, cargo services, logistics operations, air catering, utility service, hotel operation, travel services, aircraft leasing, and Internet services. As of June 30, 2005, the company operated 498 routes, of which 399 were domestic, 73 were international, and 26 were Hong Kong routes. It operated a fleet of 242 aircraft comprising 136 Boeing aircraft and 56 Airbus aircraft with an average of 7,929 scheduled flights per week serving 134 cities, as of the above date. The company was founded in 1995 and is headquartered in Guangzhou, the People's Republic of China. China Southern Airlines Company Limited is a subsidiary of China Southern Air Holding Company.


DELTA AIR LINES INC (NEW) (DAL)

Delta Air Lines, Inc., together with its subsidiaries, operates as an air carrier in the United States and internationally. It provides scheduled air transportation for passengers and cargo. As of March 13, 2007, the company together with its subsidiaries, alliances, and partners offered flights to 458 worldwide destinations in 99 countries. As of December 31, 2006, it owned and leased a total fleet of 600 flights. The company was founded in 1924 and is based in Atlanta, Georgia.


UAL CORPORATION (UAUA)

UAL Corporation offers air transportation services. The company, through its subsidiary, United Air Lines, Inc., provides transportation of persons, property, and mail in the United States and internationally. It provides its services through jet aircrafts, as well as smaller aircrafts in its regional operations. As of April 23, 2007, the company operated 3,600 flights to approximately 210 destinations from its hubs in Los Angeles, San Francisco, Denver, Chicago, and Washington, D.C. It also served approximately 841 destinations in 157 countries worldwide through its alliance with Star Alliance carriers. UAL Corporation was founded in 1934 and is based in Chicago, Illinois.


NORTHWEST AIRLINES CORPORATION (NWA)

Northwest Airlines Corporation, through its subsidiaries, operates passenger and cargo airlines worldwide. It operates approximately 1,400 daily departures, with hubs in Detroit, Minneapolis/St. Paul, Memphis, Tokyo, and Amsterdam. The company serves approximately 900 cities in 160 countries, through a global airline alliance partnership. It operates a fleet of 500 aircraft, including Boeing 747s and 757s; McDonnell-Douglas DC-9s; and Airbus A330s, A320s, and A319s, as well as a dedicated fleet of 14 B747 freighters. In addition, it develops and markets vacations charter programs that include air transportation, hotel accommodations, and car rentals, as well as markets and supports travel packages to destinations in the United States, Canada, Mexico, the Caribbean, Europe, and Asia. The company was founded in 1926 and is headquartered in Eagan, Minnesota.


TAM S.A (TAM)

TAM S.A., through its subsidiaries, provides scheduled air transportation services in Brazil and internationally. It engages in the transportation of passengers and cargo within Brazil and on international routes. The company offers flights serving various destinations in Brazil, as well as operates scheduled passenger and cargo air transport routes to 48 cities, in addition to a further 26 domestic destinations that the company serves through regional alliances with other airlines. It also serves 11 international destinations and provides connections to other destinations through commercial agreements with American Airlines, Inc., Air France-KLM S.A., and certain other airlines. As of June 26, 2007, the company operated a fleet of 106 aircrafts. In addition, TAM serves as a tourism operator, and involves in the packaging and sale of tourism and corporate events in Brazil and internationally. The company was founded in 1976. It was formerly known as CIT Companhia de Investimentos em Transportes and changed its name to TAM -- Companhia de Investimentos em Transportes in 1997. Further, the company changed its name to TAM S.A. in 2002. TAM is headquartered in Sao Paulo, Brazil.


CONTINENTAL AIRLINES INC (CAL)

Continental Airlines, Inc., an air carrier, engages in transporting passengers, cargo, and mail. The company directly serves destinations throughout Europe, Canada, Mexico, Central and South America, and the Caribbean, as well as Tel Aviv, Hong Kong, and Tokyo. It also provides services in the western Pacific, including service to various Japanese cities. As of December 31, 2004, Continental Airlines flew to 130 domestic and 113 international destinations, and offered additional connecting service through alliances with domestic and foreign carriers. As of the above date, the company's operating aircraft fleet consisted of 349 mainline jets and 245 regional jets. The company was founded by Walter T. Varney and Louis Mueller in 1934. It was formerly known as Varney Speed Lines and changed its name to Continental Airlines, Inc. in 1937. Continental Airlines is headquartered in Houston, Texas.


AMR CORPORATION (AMR)

AMR Corporation (AMR), through its principal subsidiary, American Airlines, Inc., operates as a scheduled passenger airline. The company operates scheduled air freight carriers, as well as provides freight and mail services to shippers. AMR, through its AMR Eagle Holding Corporation subsidiary, also owns two regional airlines, which do business as the American Eagle carriers. It also contracts with three independently owned regional airlines that do business as the American Connection. The company provides connecting service primarily in the United States, Canada, Mexico, and the Caribbean. AMR's another wholly owned subsidiary, AMR Investment Services, Inc., serves as the investment manager of the American AAdvantage Funds, a family of mutual funds with both institutional and retail shareholders, as well as provides customized fixed income portfolio management services. The company provided scheduled jet service to approximately 150 destinations throughout North America, the Caribbean, Latin America, Europe, and the Pacific, as of December 31, 2004. It served approximately 250 cities in approximately 40 countries with approximately 3,800 daily flights with a combined network fleet of approximately 1,000 aircraft, as of March 1, 2005. AMR Corporation was founded in 1934 and is headquartered in Fort Worth, Texas.


US AIRWAYS GROUP INC NEW (LCC)

US Airways Group, Inc. provides air transportation for passengers and cargo. It operates approximately 4,000 flights daily to 240 communities in the United States, Canada, the Caribbean, Latin America, and Europe. As of December 31, 2006, the company operated 359 mainline jets supported by its regional airline subsidiaries and affiliates operating as US Airways Express, which operate approximately 240 regional jets and 104 turboprops. US Airways Group also operates hubs in Charlotte, North Carolina; Phoenix, Arizona; and Philadelphia, Pennsylvania; with secondary hub/focus cities in Las Vegas, Pittsburgh, Boston, New York, and Washington. The company was founded in 1981 and is headquartered in Tempe, Arizona.