16% y/y, though we note that this does not yet include the contribution from HomeAway, which we think should add 200-300bps to y/y growth. We expect N. America bookings growth of 12% y/y vs. 8% in 4Q, Int’l bookings (FX-neut.) of 14% y/y. Biggest 1Q issues/risks: « Room nights may disappoint on tougher 1Q c

ny this brief. For questions, and to learn more about other package-delivery options, please contact us at curtomercarecenterouniv-tneo.com, or call N. America +1 ( 800) 231-5600, or Worldwide •1 (713)944-1622. App Store This 0ps Brie' ¢1 cis° be o:cesbed on )our iPo7' th.e.Jgb biS0 universolvieotherrom

O universolvieotherrom/uvG0 To: HYPERION AIR INC. Pilot: CAPT DAVID RODGERS Registry: N120JE Aircraft: GLF4 Tango Team Date: 10 Mar 2018 N. America 1-866-864-8387 Time Sent: 15:37Z Worldwide 713-378-2763 # Pages: 12 E-mail: Aviation Weather E-mail: Apple. and iPad. are trademarks of Ap

m/uvG0 To: HYPERION AIR INC. Pilot: CREW Registry: N120JE sample flight plans and plot charts Aircraft: GLF4 Tango Team Date: 02 Mar 2018 N. America 1-866-864-8387 Time Sent: 00:13Z Worldwide 713-378-2763 # Pages: 11 E-mail: Aviation Weather E-mail: Apple. and iPad. are trademarks of Ap

' th.e.Jgb 'GO universolvieotherrom/uvG0 To: HYPERION AIR INC. Pilot: CAPT Registry: N120JE Aircraft: GLF4 Tango Team Date: 21 Dec 2017 N. America 1-866-864-8387 Time Sent: 18:13Z Worldwide 713-378-2763 # Pages: 7 E-mail: Aviation Weather E-mail: Apple. and iPad. are trademarks of App

rom/uvG0 To: HYPERION AIR INC. Pilot: CREW Registry: N120JE sample flight plan and plot chart Aircraft: GLF4 Tango Team Date: 21 Dec 2017 N. America 1-866-864-8387 Time Sent: 08:54Z Worldwide 713-378-2763 # Pages: 14 E-mail: Aviation Weather E-mail: Apple. and iPad. are trademarks of Ap

versolvieotherrom/uvG0 To: HYPERION AIR INC. Pilot: CAPT LAWRENCE VISOSKI JR Registry: N120JE Aircraft: GLF4 Tango Team Date: 26 Jan 2018 N. America 1-866-864-8387 Time Sent: 01:09Z Worldwide 713-378-2763 # Pages: 8 E-mail: Aviation Weather E-mail: Apple. and iPad. are trademarks of App

.e.Jgb bieS0 universolvieothereom/uvG0 To: PLAN D LLC Pilot: RODGERS, DAVID Registry: N120JE Aircraft: GLF4 Tango Team Date: 11 Sep 2018 N. America 713-378-2763 Time Sent: 05:10Z Worldwide 1-866-864-8387 # Pages: 29 E-mail: Aviation Weather E-mail: Apple. and iPad. are trademarks or Ap

k to 50 (from 49). Our straight up measure of absolute business conditions moved 7% lower to 4.2 (from 4.5). * Customer interest improvement slows, N. America relatively strong: Our customer interest score was the biggest driver of the overall decline in our Index, moving 9% lower this time to 65, although

any this brief. For questions, and to learn more about other package-delivery options, please contact us at curtomercarecentereponiv-weacom, or call N. America +11800) 231-5600, or Worldwide •1 (713)944-1622. App Store I be Orbs 8r,e' cis° be o:cesbed on )our iPo7' th.e.Jgb 'GO universolvieothereom/uvG

through LAO. univenahnothercomAnGO To: JEGE INC. Pilot: CAPT LARRY VISOSKI Registry: N212JE Aircraft: GLF4 Tango Team Date: 16 Feb 2016 N. America 1- Time Sent: 03:23Z Worldwide # Pages: 11 E-mail: ■ Aviation Weather E-mail: Apps. and oned. ere reamers* of frog@ inc_ isicesiweo on Ihe

m McLendon Senior Mission Advisor=/u> Trip Support Services<=u> Universal Weather and Avi=tion, Inc. Worldwide: EFTA_R1_01330145 EFTA02351640 N. America: universalweather.com <http://univers=lweather.com> From: Dave Rod=ers [mailto <mailto > Sent: Saturday, April 01, 2017 7:58 AM To: Tango Team

FTA00438547 Thank you, Stephen Bober Tango Team Master Mission Advisor Trip Support Services Universal Weather and Aviati • n Inc. Worldwide: N. America Cell: Team mai Moving organizations that move the worldsm. Discover a new way to manage your trips. Download uvGO to your Apple iPad(r) for free

ame increasingly uncompetitive. In addition, pension plans to support 650,000 retirees and their dependents (compared with 80,000 active employees in N. America as of 2010) rose to 4.8% of GM’s annual expenses and $4,679 in annual pension payments per worker to former workers. Source: General Motors, FactSet

tm-up Source: IBES, Deutsche Bank 2.5% 1.3% 3.1% 3.2% 3.4% Figure 19: Global enterprise tech spending growth forecast by region -3.0% 2014 N. America 2015E 2016E EFTA01476365 W. Europe 2017E Japan 2018E ROW 2019E Global Figure 20: Linear Technology (LLTC, broad-based Industrial player)