PFC Quarterly Report - Receipts Collected For the Quarter Ended June 30, 2018 (Application No. 2) Application #05-02-C-00-ANC $14,000,000.00 Application #05-02-C-01-ANC 71,000,000.00 Total Collection Authority $85,000,000.00

PFC Revenue Received Air Carriers Current Quarter Previous Quarters Cumulative Aer Lingus 135.83 $ 176.36 $ 312.19 Aeroflot - Russian Airline 126.17 1,062.97 1,189.14 Aerolane Lineas Aereas Nacionale 11.56 112.71 124.27 AeroMexico 170.51 5,479.44 5,649.95 Aerovias De Mexico - 355.47 355.47 Air Canada 14,550.22 492,826.12 507,376.34 Air France 257.60 14,083.59 14,341.19 Air New Zealand 56.15 6,177.09 6,233.24 Air Pacific Limited DBA Fiji Airways - 1,442.11 1,442.11 Air Serbia, Inc. - 20.23 20.23 Air Tahiti - 31.79 31.79 Alaska Airlines Inc 984,542.56 34,861,724.32 35,846,266.88 Alitalia Airlines - 343.91 343.91 Alitalia Societa Aerea Italiana S.P.A. - 23.12 23.12 Allegian Air, Inc. - 127.16 127.16 All Nippon Airways Co Ltd 135.39 3,228.38 3,363.77 Aloha Airlines - 86.37 86.37 America West Airlines - 180,410.15 180,410.15 American Airlines 44,497.97 1,675,494.53 1,719,992.50 American Trans Air - 459.07 459.07 Asiana Airlines 1,740.91 40,374.73 42,115.64 Austrian Airlines AG - 1,897.94 1,897.94 Aviacion Commercial Del America - 5.78 5.78 Avianca Inc 179.18 2,361.92 2,541.10 Big Sky Airlines - 20.23 20.23 British Airways 479.58 20,513.08 20,992.66 Brussels - 156.06 156.06 Cape Air - 40.46 40.46 Cape Smythe Air Service, Inc - 8.67 8.67 Cathay Pacific Airways Ltd 75.25 10,986.98 11,062.23 Champion Air - 367.03 367.03 China Airlines 40.46 156,589.87 156,630.33 Copa Airlines Inc 5.78 1,066.41 1,072.19 Compania Panamena De Aviacion S.A. 57.80 - 57.80 Condor Flugdienst GMBH - 383,504.30 383,504.30 Continental Airlines - 1,645,749.29 1,645,749.29 Corvus Airlines Inc 1,066.41 71,123.97 72,190.38 Czech Airlines - 164.73 164.73 Delta Air Lines Inc 225,079.53 6,085,376.17 6,310,455.70 Elal Israel Airlines Ltd 14.45 291.89 306.34 Emirates 634.92 17,478.45 18,113.37 Etihad Airways - 2.89 2.89 Eva Airways Corporation 1,485.46 34,971.89 36,457.35 Fiji Airways Limited 86.70 661.81 748.51 Finnair 37.57 170.51 208.08 Frontier Airlines, Inc. - 422,970.53 422,970.53 Frontier Flying Service - 3,184.84 3,184.84 Great Lakes Aviation, Ltd. - 283.22 283.22 Great Western Financial - 8.67 8.67 Hawaiia Island Air - 175.41 175.41 Hawaiian Airlines 578.06 143,320.11 143,898.17 Iberia Airlines of Spain 11.56 231.20 242.76 Icelandair 3,797.35 110,983.59 114,780.94 Island Air Service - 149.59 149.59 Japan Airlines Co, Ltd 31.79 68,999.07 69,030.86 Jet Airways - 39.18 39.18 Jet Aviation - 8.67 8.67 JetBlue Airways Corporation 16,069.17 579,570.17 595,639.34 KLM Royal Dutch Airlines 48.61 7,210.04 7,258.65 Korean Air Lines Co Ltd 3,126.89 102,114.05 105,240.94 Kuwait Airlines - 14.45 14.45 Lan Argentina S.A. - 101.04 101.04 Lan Chile Airlines - 215.30 215.30 Lan Peru Airlines SA - 811.89 811.89 Latam Airlines Group SA 144.28 2,570.66 2,714.94 Lineas Aereas Costarricenses S.A. - 98.26 98.26 LOT Polish Airlines - 126.50 126.50 Lufthansa German Ailrines 227.87 29,254.29 29,482.16 Malaysia Airlines - 179.18 179.18 Mesa Airlines - 698.06 698.06 Mexicana Airlines - 968.04 968.04 Miami Air International - 5,771.33 5,771.33 Midwest Airlines - 4,751.13 4,751.13 MN Airlines, LLC dba Sun Country Airline - 405,299.92 405,299.92 Monarch Airlines - 265.88 265.88 North American Airline - 780.30 780.30 Northwest Airlines, Inc. - 1,579,472.19 1,579,472.19 Oceanair Linhas Aereas SA 8.67 - 8.67 Omni Air International - 2,274.43 2,274.43 Peninsula Airways Inc 196.52 16,732.71 16,929.23 Polish Airlines - 57.80 57.80 Qantas Airways Ltd 103.93 7,068.93 7,172.86 Qatar Airways Corp 182.07 454.28 636.35 Republic Airways - 1,412.58 1,412.58 Royal Air Maroc 3.00 - 3.00 Saudi Arabian Airlines Corp. - 8.78 8.78 Scandinavian Airlines 11.56 4,119.38 4,130.94 Seaport Airlines - 5.78 5.78 Silver Airways Corp 8.67 67.97 76.64 Singapore Airlines Cargo PTE Ltd 294.78 4,314.77 4,609.55 South African Airways - 378.59 378.59 Sun Country Airlines 31,197.55 8,577.52 39,775.07 Swiss International Air Lines 31.79 4,071.56 4,103.35 Swissport USA Inc. - 5.78 5.78 Taca International Airlines 11.56 216.75 228.31 TAM Linhas Aereas SA 5.78 155.95 161.73 Tap Air Portugal - 60.69 60.69 Thompson Airways - 1,098.20 1,098.20 Transportes Aereos Meridionais Tam Airlines - 843.66 843.66 Turkish Airlines, Inc. 101.15 580.81 681.96 United Airlines, Inc 114,326.68 3,589,897.99 3,704,224.67 US Airways - 1,130,301.32 1,130,301.32 Uzbekistan Airways - 1,275.00 1,275.00 Varig Airlines - 11.56 11.56 Virgin America Inc. - 26,300.41 26,300.41 Virgin Atlantic 141.61 1,096.88 1,238.49 Virgin Australia Airlines Pty Ltd 17.34 419.05 436.39 Virgin Blue Air - 3,916.39 3,916.39 Vladivostok Air America, Inc - 1,537.48 1,537.48 WestJet Airlines Ltd 6,366.98 34,038.07 40,405.05 Yakutia - 8,719.13 8,719.13 Total PFC Receipts Received From Air Carriers $ 1,452,513.18 $ 54,038,196.91 $ 55,490,710.09

Interest Earned 14,721.99 1,021,351.80 1,036,073.79

Adjustment 74,028.00 74,028.00

Excess Revenue from APP 99-01-C-00-ANC 1,182,614.63 1,182,614.63 Total PFC Revenue $ 1,467,235.17 $ 56,316,191.34 $ 57,783,426.51 PFC Quarterly Report - Project Expenditure Activity

Public Agency: State of Alaska, DOT & PF Use Airport: Ted Stevens Anchorage International Airport (ANC) Quarter Ending: June 30, 2018

Projects Approved for Date for Charge Est Project Est Project Expenditures Expenditures Current Est. Authority to Impose and Use Use & Expiration Approved Implement Complete For Current For Previous Cumulative Amount of Costs To Be PFC Revenues Impose Date Level Date Date Quarter Quarters Expenditures Use Approval PFC Funded

1 . Terminal Redevelopment (PFC payments to debt service) 10/1/00 1/1/06 $ 3.00 8/1/98 10/26/11 $ - $ 21,043,173.00 $ 21,043,173.00 $ 21,043,173.00 $ 21,043,173.00

Total on Application 99-01-C-00-ANC $ - $ 21,043,173.00 $ 21,043,173.00 $ 21,043,173.00 $ 21,043,173.00

1 . Concourse A & B Retrofit (Pay as you go projects) 10/12/05 7/1/09 $ 3.00 6/1/05 6/30/09 $ - $ 13,509,088.51 $ 13,509,088.51 $ 14,000,000.00 $ 14,000,000.00

2 . Concourse A & B Retrofit (PFC payments to debt service) 7/1/09 12/1/26 $ 3.00 6/1/05 6/30/09 4,000,000.00 36,600,000.00 40,600,000.00 71,000,000.00 71,000,000.00

Total on Application 05-02-C-01-ANC $ 4,000,000.00 $ 50,109,088.51 $ 54,109,088.51 $ 85,000,000.00 $ 85,000,000.00

Total All Applications $ 4,000,000.00 $ 71,152,261.51 $ 75,152,261.51 $ 106,043,173.00 $ 106,043,173.00 PFC Quarterly Report - Revenue Receipts & Project Expenditure Summary

Public Agency: State of Alaska, DOT & PF Use Airport: Ted Stevens Anchorage International Airport (ANC) Quarter ending: June 30, 2018

A. PFC COLLECTIONS & INTERESTS

Prior Quarter Current Current Cumulative Authorizing Reported Quarter Quarter Collections Document (Cumulative) Revenue Earned Interest Earned to Date

99-01-C-00-ANC $ 21,043,173.00 $ - $ - $ 21,043,173.00

05-02-C-01-ANC 56,316,191.34 1,452,513.18 14,721.99 57,783,426.51

TOTAL $ 77,359,364.34 $ 1,452,513.18 $ 14,721.99 $ 78,826,599.51

B. AUTHORITY AND PROJECT EXPENDITURES SUMMARY

Charge Authority Previous Cumulative Current Quarter Quarter-end Cumulative Unliquidated Authorizing Date for Expiration Approved Collections Expenditures Collections Expenditures Collections PFC Revenue Document Use & Impose Date Level Impose Use & Interest & Interest & Interest Expenditures Balance

99-01-C-00-ANC 10/1/2000 1/1/2006 $ 3.00 $ 22,000,000.00 $ 22,000,000.00 $ 21,043,173.00 $ 21,043,173.00 $ - $ - $ 21,043,173.00 $ 21,043,173.00 $ -

05-02-C-00-ANC 10/12/2005 7/1/2009 $ 3.00 14,000,000.00 14,000,000.00 13,509,088.51 13,509,088.51 - - 13,509,088.51 13,509,088.51 -

05-02-C-01-ANC 7/1/2009 12/1/2026 $ 3.00 71,000,000.00 71,000,000.00 42,807,102.83 36,600,000.00 1,467,235.17 4,000,000.00 44,274,338.00 40,600,000.00 3,674,338.00

TOTAL $ 107,000,000.00 $ 107,000,000.00 $ 77,359,364.34 $ 71,152,261.51 $ 1,467,235.17 $ 4,000,000.00 $ 78,826,599.51 $ 75,152,261.51 $ 3,674,338.00