Common use of Coverage Ratio Clause in Contracts

Coverage Ratio. Consolidated Adjusted Pre-Tax Income* $ (1) Aircraft Rentals* $ (2) Net Interest Expense* $ (3) Depreciation and amortization* $ (4) Cash dividends paid* $ (5) Sum of lines (1), (2), (3), and (4), minus line (5) $ (6) Net Interest Expense* $ (7) Aircraft Rentals* $ (8) Sum of lines (7) and (8) $ (9) Ratio of line (6) to line (9) _____ to _____ Minimum Ratio 1.25 to 1.00 * For four fiscal quarter period ending on last day of Subject Period. EXHIBIT E

Coverage Ratio. Consolidated Adjusted Pre-Tax Income* $ (1) Aircraft Rentals* $ (2) Net Interest Expense* $ (3) Depreciation and amortization* $ (4) Cash dividends paid* $ (5) Sum of lines (1), (2), (3), and (4), minus line (5) $ (6) Net Interest Expense* $ (7) Aircraft Rentals* $ (8) Sum of lines (7) and (8) $ (9) Ratio of line (6) to line (9) _____ to _____ Minimum Ratio 1.25 to 1.00 * For four fiscal quarter period ending on last day of Subject Period. EXHIBIT E

Coverage Ratio. Consolidated Adjusted Pre-Tax Income* $ (11 ) Aircraft Rentals* $ (22 ) Net Interest Expense* $ (33 ) Depreciation and amortization* $ (44 ) Cash dividends paid* $ (55 ) Sum of lines (1), (2), (3), and (4), minus line (5) $ (66 ) Net Interest Expense* $ (77 ) Aircraft Rentals* $ (8) 8 ) Sum of lines (7) and (8) $ (99 ) Ratio of line (6) to line (9) _____ to _____ Minimum Ratio [1.25 to 1.00 1.00] [.80 to 1.00]1 * For four fiscal quarter period ending on last day of Subject Period. EXHIBIT E.

Coverage Ratio. Consolidated Adjusted Pre-Tax Income* $ (1) Aircraft Rentals* $ (2) Net Interest Expense* $ (3) Depreciation and amortization* $ (4) Cash dividends paid* $ (5) Sum of lines (1), (2), (3), and (4), minus line (5) $ (6) Net Interest Expense* $ (7) Aircraft Rentals* $ (8) Sum of lines (7) and (8) $ (9) Ratio of line (6) to line (9) _____ to _____ Minimum Ratio [1.25 to 1.00 1.00] [.80 to 1.00]1 * For four fiscal quarter period ending on last day of Subject Period. EXHIBIT E.

Coverage Ratio. Consolidated Adjusted Pre-Tax Income* $ (1) Aircraft Rentals* $ (2) Net Interest Expense* $ (3) Depreciation and amortization* $ (4) Cash dividends paid* $ (5) Sum of lines (1), (2), (3), and (4), minus line (5) $ (6) Net Interest Expense* $ (7) Aircraft Rentals* $ (8) Sum of lines (7) and (8) $ (9) Ratio of line (6) to line (9) _____ to _____ Minimum Ratio 1.25 [___] to 1.00 * For four fiscal quarter period ending on last day of Subject Period. EXHIBIT E

Coverage Ratio. Consolidated Adjusted Pre-Tax Income* $ (1) Aircraft Rentals* $ (2) Net Interest Expense* $ (3) Depreciation and amortization* $ (4) Cash dividends paid* $ (5) Sum of lines (1), (2), (3), and (4), minus line (5) $ (6) Net Interest Expense* $ (7) Aircraft Rentals* $ (8) Sum of lines (7) and (8) $ (9) Ratio of line (6) to line (9) _____ to _____ Minimum Ratio [1.25 to 1.00 1.00][.80 to 1.00]7 * For four fiscal quarter period ending on last day of Subject Period. EXHIBIT E.