Big 4 US Airline Cos Total US Federal Effective Tax Rate Paid In Most Recent Five Years Was Only 5.5%, 29.5% Below the US Federal Statutory Tax Rate of 35.0% ....................................................................................... Southwest Airlines Paid $2.583 Bil US Federal Income Tax on US Pretax Income of $10.736 Bil, An Effective US Federal Income Tax Rate Paid of 24% ....................................................................................... All Other Three (Delta Airlines, United Continental and American Airlines) Combined Received Total US Federal Income Tax Refunds of $110 Mil Even Though They Generated Total US Pretax Income of $34.627 Bil

Based on a review of their audited annual income tax footnotes filed with the SEC, below are the US Federal Income Tax Paid along with the US Pretax Income of each of the Big 4 US Airline Companies:

																Total	Total
																5 Years	5 Years	5 Years
	2016	2016		2015	2015		2014	2014		2013	2013		2012	2012		2012-16	2012-16	2012-16
	US	US		US	US		US	US		US	US		US	US		US	US	Effective
	Tax	Pretax		Tax	Pretax		Tax	Pretax		Tax	Pretax		Tax	Pretax		Tax	Pretax	US Tax
	Paid	Income		Paid	Income		Paid	Income		Paid	Income		Paid	Income		Paid	Income	Rate Paid
	mils $s	mils $s		mils $s	mils $s		mils $s	mils $s		mils $s	mils $s		mils $s	mils $s		mils $s	mils $s
Delta Air Lines	-	6,363		(23)	7,157		21	1,072		24	2,527		-	1,025		22	18,144	0.1%
United Continental	(92)	3,819		56	4,219		(17)	1,128		(18)	539		(14)	(724)		(85)	8,981	-0.9%
Southwest Airlines	778	3,547		1,292	3,479		203	1,816		355	1,209		(45)	685		2,583	10,736	24.1%
American Airlines	-	4,299		-	4,616		(25)	3,212		(22)	(2,180)		-	(2,445)		(47)	7,502	-0.6%
Total	686	18,028		1,325	19,471		182	7,228		339	2,095		(59)	(1,459)		2,473	45,363	5.5%