Table 1

ASSESSED VALUE OF INTERCOUNTY UTILITY COMPANIES

AIR TRANSPORTATION COMPANIES Actual and Equalized Property Values for Calendar Year 2007

REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED

Aero Jet Services King 31,825 31,729 Pierce 27,847 26,900 Spokane 7,956 7,033 Whatcom 15,912 14,974 TOTAL 83,540 80,636

Air Tahoma King 271,000 270,187 TOTAL 271,000 270,187

Air Transport International Island 5,185 4,531 King 1,340,275 1,336,254 TOTAL 1,345,460 1,340,785

Airpac Airlines Douglas 228,841 220,831 Franklin 228,841 201,837 King 1,806,958 1,801,536 Snohomish 228,841 228,841 Spokane 228,841 202,295 Whatcom 228,841 215,339 Yakima 228,841 210,533 TOTAL 3,180,004 3,081,212

Alaska Airlines Inc King 55,299,274 46,119,595 579,339,140 577,601,123 Spokane 3,446,586 3,046,782 TOTAL 55,299,274 46,119,595 582,785,726 580,647,905

Page 1 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED Franklin 357,834 315,609 King 29,314 29,227 Spokane 16,377 14,477 Whatcom 1,012,475 952,739 TOTAL 1,416,000 1,312,052

Alpine Aviation Inc Benton 300,991 275,106 Franklin 32,921 29,036 King 377,071 375,940 Walla Walla 67,018 63,533 TOTAL 778,001 743,615

America West Airlines Inc King 21,099,071 21,035,774 Spokane 4,335,929 3,832,961 TOTAL 25,435,000 24,868,735

American Airlines Inc King 77,250,000 77,018,250 TOTAL 77,250,000 77,018,250

Ameriflight Inc Benton 457,177 417,859 Douglas 65,382 63,094 Franklin 80,149 70,691 Grant 187,711 175,509 King 4,620,936 4,607,072 Kittitas 2,410 2,338 Okanogan 40,198 36,138 Skagit 871 871 Snohomish 27,187 27,187 Spokane 266,915 235,953 Thurston 1,798 1,707 Walla Walla 41,751 39,580 Whatcom 255,997 240,894 Yakima 493,520 454,038 TOTAL 6,542,002 6,372,931

Ameristar Franklin 2,606 2,299 Grant 1,303 1,218 King 37,792 37,679 Snohomish 2,606 2,606 Spokane 3,910 3,456 Thurston 1,303 1,237 Whatcom 3,910 3,679 Whitman 2,606 2,116 TOTAL 56,036 54,290

Page 2 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED

AMI Jet Charter Franklin 454,000 400,428 King 908,000 905,276 Spokane 454,000 401,336 Walla Walla 454,000 430,392 Whatcom 454,000 427,214 TOTAL 2,724,000 2,564,646

ASTAR Air Cargo King 20,000 19,940 TOTAL 20,000 19,940

ATA Airlines Inc Grant 18,336 17,144 Island 26,670 23,310 King 2,649,076 2,641,129 Pierce 283,924 274,271 TOTAL 2,978,006 2,955,854

Atlas Air Inc Island 69,007 60,312 King 559,094 557,416 Snohomish 16,900 16,900 TOTAL 645,001 634,628

Avantair Adams 16,257 14,972 Franklin 16,257 14,338 King 195,079 194,493 Skagit 8,128 8,128 Snohomish 24,385 24,385 Spokane 97,539 86,225 Thurston 16,257 15,428 Walla Walla 105,668 100,173 Whatcom 495,826 466,572 Whitman 32,513 26,401 Yakima 8,128 7,478 TOTAL 1,016,037 958,593

Aviation Consultants Inc Grays Harbor 16,256 15,930 King 260,089 259,309 Snohomish 65,022 65,022 Spokane 16,256 14,370 Thurston 16,256 15,427 Whatcom 32,511 30,593 Yakima 32,511 29,910 TOTAL 438,901 430,561

Page 3 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED Avjet Corporation Grays Harbor 84,557 82,866 King 2,156,203 2,149,734 Snohomish 507,342 507,342 Spokane 380,506 336,368 Whatcom 211,392 198,920 TOTAL 3,340,000 3,275,230

Big Sky Transportation Co Grant 596,402 557,635 Spokane 400,412 353,964 Walla Walla 253,186 240,021 TOTAL 1,250,000 1,151,620

Bombardier Franklin 37,241 32,847 King 4,841,379 4,826,855 Kitsap 74,483 72,919 Pierce 260,690 251,826 Skagit 37,241 37,241 Snohomish 37,241 37,241 Spokane 782,069 691,349 Thurston 74,483 70,684 Walla Walla 74,483 70,610 Whatcom 74,483 70,088 Whitman 74,483 60,480 Yakima 111,724 102,786 TOTAL 6,480,000 6,324,926

Champion Air Grant 24,596 22,997 King 453,658 452,297 Pierce 132,545 128,038 Skagit 20,497 20,497 Snohomish 34,161 34,161 Spokane 88,818 78,516 Whatcom 20,497 19,287 Yakima 23,229 21,371 TOTAL 798,001 777,164

Chrylser Aviation Inc. King 229,900 229,210 TOTAL 229,900 229,210

Page 4 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED CitationShares Clallam 12,386 11,866 Douglas 24,772 23,905 Franklin 37,157 32,773 King 1,833,100 1,827,600 Kittitas 12,386 12,014 Lewis 37,157 34,594 Pierce 123,858 119,647 Skagit 24,772 24,772 Snohomish 37,157 37,157 Spokane 507,818 448,911 Walla Walla 12,386 11,742 Whatcom 161,015 151,516 Whitman 24,772 20,115 TOTAL 2,848,736 2,756,612

CJ Systems Aviation Group King 19,153,895 19,096,433 TOTAL 19,153,895 19,096,433

Clay Lacy Aviation King 11,230,000 11,196,310 TOTAL 11,230,000 11,196,310

Continental Airlines Inc King 66,492,000 66,292,524 TOTAL 66,492,000 66,292,524

Conyan Aviation Inc Adams 5,452 5,021 Douglas 16,355 15,782 Franklin 10,903 9,617 Grant 5,452 5,097 King 16,355 16,306 Spokane 21,806 19,277 Thurston 5,452 5,174 Walla Walla 21,806 20,673 Whitman 54,516 44,267 Yakima 10,903 10,031 TOTAL 169,000 151,245

Page 5 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED Inc King 80,536,432 80,294,822 Spokane 2,027,568 1,792,370 TOTAL 82,564,000 82,087,192

Elite Aviation LLC Franklin 46,885 41,352 King 890,808 888,135 Snohomish 93,769 93,769 Spokane 46,885 41,446 Thurston 93,769 88,987 Whitman 46,885 38,070 TOTAL 1,219,001 1,191,759

Empire Airlines Inc Okanogan 11,091 9,971 San Juan 35,212 30,353 Spokane 165,229 146,062 TOTAL 211,532 186,386

Evergreen Helicopters of Alaska, Inc. King 357,750 356,677 TOTAL 357,750 356,677

Evergreen International Airlines Inc King 167,612 167,109 Pierce 1,036,238 1,001,006 Snohomish 9,150 9,150 TOTAL 1,213,000 1,177,265

Executive Flight Inc Benton 13,748 12,565 Chelan 1,964 1,836 Clallam 51,063 48,918 Cowlitz 1,964 1,942 Douglas 11,668,179 11,259,793 Franklin 194,431 171,488 Grant 54,009 50,499 Grays Harbor 15,712 15,397 Island 3,928 3,433 King 1,549,013 1,544,366 Kitsap 9,820 9,614 Kittitas 151,224 146,687 Lewis 3,928 3,657

Page 6 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED Okanogan 70,703 63,561 Pierce 70,702 68,298 San Juan 19,640 16,929 Skagit 13,748 13,748 Snohomish 82,486 82,486 Spokane 600,969 531,256 Thurston 39,279 37,276 Walla Walla 161,044 152,669 Whatcom 76,594 72,075 Whitman 35,351 28,705 Yakima 898,506 826,625 TOTAL 15,788,005 15,163,823

Executive Jet Management Inc King 1,304,874 1,300,960 Pierce 31,826 30,744 Snohomish 31,826 31,826 Spokane 127,305 112,537 Thurston 95,479 90,609 Walla Walla 31,826 30,171 Whatcom 222,783 209,639 TOTAL 1,845,919 1,806,486

Express Net Airlines LLC King 3,599,009 3,588,212 TOTAL 3,599,009 3,588,212

Federal Express Corp Adams 4,253 3,917 Asotin 1,260 1,003 Benton 32,348 29,566 Chelan 236,966 221,563 Clallam 106,100 101,643 Clark 70,312 66,656 Cowlitz 18,452 18,249 Douglas 64,575 62,315 Ferry 1,260 1,134 Franklin 281,063 247,898 Grant 115,128 107,645 Grays Harbor 83,229 81,565 Island 16,596 14,504 Jefferson 3,780 3,756 King 68,254,993 68,050,226

Page 7 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED Kitsap 44,996 44,051 Kittitas 6,773 6,570 Klickitat 4,253 4,253 Lewis 9,293 8,652 Mason 8,597 7,712 Okanogan 74,520 66,994 Pacific 1,260 1,106 Pend Oreille 1,260 929 Pierce 458,490 442,901 San Juan 71,376 61,527 Skagit 16,457 16,457 Skamania 1,260 1,131 Snohomish 87,173 87,173 Spokane 15,890,680 14,047,361 Stevens 2,993 2,382 Thurston 294,892 279,852 Wahkiakum 1,260 1,194 Walla Walla 8,998 8,530 Whatcom 646,888 608,722 Whitman 7,907 6,420 Yakima 284,670 261,896 TOTAL 87,214,311 84,977,453

Flight Options Clallam 244,540 234,269 Douglas 346,431 334,306 Franklin 203,783 179,737 Grant 40,757 38,107 Grays Harbor 40,757 39,941 King 8,742,297 8,716,071 Kitsap 142,648 139,653 Pierce 20,378 19,685 Skagit 40,757 40,757 Snohomish 305,675 305,675 Spokane 998,537 882,707 Thurston 427,945 406,119 Walla Walla 61,135 57,956 Whatcom 305,675 287,640 Whitman 40,757 33,094 Yakima 142,648 131,236 TOTAL 12,104,720 11,846,953

Page 8 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED Flight Works King 481,899 480,453 Kittitas 37,069 35,957 Snohomish 37,069 37,069 Spokane 74,138 65,538 Walla Walla 37,069 35,142 TOTAL 667,244 654,159

Frontier Airlines Inc King 22,274,772 22,207,948 Spokane 2,831,228 2,502,806 TOTAL 25,106,000 24,710,754

Gulf & Caribbean Cargo Inc. King 27,000 26,919 TOTAL 27,000 26,919

Hawaiian Airlines Inc King 61,080,000 60,896,760 TOTAL 61,080,000 60,896,760

Hillsboro Aviation Inc Cowlitz 340,000 336,260 TOTAL 340,000 336,260

Horizon Air Industries Inc Douglas 1,846,235 1,781,617 Franklin 5,659,422 4,991,610 King 7,480,889 6,239,061 130,310,931 129,919,999 Spokane 23,727,149 20,974,800 Walla Walla 1,443,493 1,368,431 Whatcom 3,251,568 3,059,726 Whitman 1,328,702 1,078,906 Yakima 2,837,611 2,610,602 TOTAL 7,480,889 6,239,061 170,405,111 165,785,691

Page 9 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED Clallam 35,271 33,789 Island 70,541 61,653 Jefferson 70,541 70,118 King 84,649 84,395 San Juan 223,794 192,911 Skagit 98,758 98,758 Whatcom 98,758 92,931 TOTAL 682,312 634,555

JetBlue Airways King 11,448,000 11,413,656 TOTAL 11,448,000 11,413,656

Kenmore Air Harbor Inc Clallam 153,707 147,251 Island 34,271 29,953 King 5,080,385 5,065,144 San Juan 301,637 260,011 TOTAL 5,570,000 5,502,359

Kitty Hawk, Inc. King 3,703,000 3,691,891 TOTAL 3,703,000 3,691,891

Mesa Airlines Inc King 3,503,158 3,492,649 Spokane 3,159,842 2,793,300 TOTAL 6,663,000 6,285,949

Metro Aviation, Inc. King 6,837,209 6,816,697 Spokane 6,901,329 6,100,775 TOTAL 13,738,538 12,917,472

Miami Air International Inc Island 219,722 192,037 King 1,098,610 1,095,314 Spokane 109,861 97,117 Yakima 329,583 303,216 TOTAL 1,757,776 1,687,684

Page 10 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED NetJets Inc Clallam 16,016 15,344 Douglas 16,016 15,456 Franklin 120,123 105,949 Grant 48,049 44,926 King 10,843,105 10,810,577 Kitsap 64,066 62,720 Okanogan 16,016 14,399 Pierce 272,279 263,021 Snohomish 176,180 176,180 Spokane 592,607 523,865 Thurston 128,131 121,597 Walla Walla 48,049 45,551 Whatcom 224,230 211,000 Yakima 128,131 117,881 TOTAL 12,692,998 12,528,466

North Pierce 587,000 567,042 TOTAL 587,000 567,042

North American Jet Charter Inc King 2,089,844 2,083,574 TOTAL 2,089,844 2,083,574

Northwest Airlines Inc King 212,799,883 212,161,483 Pierce 76,492 73,891 Spokane 9,897,802 8,749,657 Yakima 6,823 6,277 TOTAL 222,781,000 220,991,308

Northwest Seaplanes Inc King 492,467 490,990 Skagit 357,533 357,533 TOTAL 850,000 848,523

Omni Air International Pierce 591,343 571,238 Skagit 879 879 TOTAL 592,222 572,117

Page 11 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED King 123,000 122,631 TOTAL 123,000 122,631

Ryan International Airlines Franklin 38,711 34,143 Island 43,178 37,738 King 189,090 188,523 Pierce 116,134 112,186 Whatcom 67,000 63,047 Yakima 16,378 15,068 TOTAL 470,491 450,705

Shuttle America Corporation Franklin 3,764,000 3,319,848 TOTAL 3,764,000 3,319,848

Skycorp Executive Charters Inc Snohomish 24,106,250 24,106,250 TOTAL 24,106,250 24,106,250

Skywest Airlines Inc Franklin 13,476,589 11,886,352 King 15,398,606 15,352,410 Spokane 16,186,685 14,309,030 Whatcom 2,302,119 2,166,294 TOTAL 47,363,999 43,714,086

Sound Flight Inc King 452,473 451,116 TOTAL 452,473 451,116

Southwest Airlines Co King 122,762,300 122,394,013 Spokane 37,870,700 33,477,699 TOTAL 160,633,000 155,871,712

Spirit Aviation Inc King 315,004 314,059 TOTAL 315,004 314,059

Page 12 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED Inc King 4,036,410 4,024,302 Spokane 48,602 42,964 Yakima 20,987 19,308 TOTAL 4,105,999 4,086,574

Sunset Aviation Inc Clallam 5,841 5,595 Grays Harbor 5,841 5,724 King 239,470 238,752 Okanogan 11,681 10,502 Pierce 5,841 5,642 San Juan 23,363 20,139 Snohomish 23,363 23,363 Spokane 17,522 15,490 Walla Walla 29,204 27,685 Whatcom 11,681 10,992 TOTAL 373,807 363,884

TWC Aviation Inc Franklin 12,198 10,758 Grant 12,198 11,405 King 292,746 291,868 Pierce 24,395 23,566 Snohomish 12,198 12,198 Spokane 48,791 43,131 Thurston 48,791 46,303 Walla Walla 36,593 34,690 TOTAL 487,910 473,919

United Air Lines Inc King 175,098,967 174,573,670 Spokane 8,138,033 7,194,021 TOTAL 183,237,000 181,767,691

United Parcel Service Co King 30,257,800 30,167,026 Snohomish 23,647 23,647 Spokane 13,155,554 11,629,509 TOTAL 43,437,001 41,820,182

US Air Inc King 26,631,000 26,551,107 TOTAL 26,631,000 26,551,107

Page 13 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED West Coast Charters Inc Clallam 20,375 19,519 Jefferson 40,750 40,506 King 448,255 446,910 Snohomish 40,750 40,750 Spokane 40,750 36,023 Walla Walla 101,876 96,579 Whatcom 20,375 19,173 Yakima 20,375 18,745 TOTAL 733,506 718,205

West Isle Air Inc San Juan 79,363 68,411 Skagit 345,623 345,623 Whatcom 9,014 8,482 TOTAL 434,000 422,516

Western Air Express Spokane 140,000 123,760 TOTAL 140,000 123,760

World Airways Inc Island 153,996 134,593 King 191,339 190,765 Pierce 490,665 473,982 TOTAL 836,000 799,340

XOjet King 1,109,477 1,106,149 TOTAL 1,109,477 1,106,149

Xtra Airways Franklin 384,364 339,009 King 411,818 410,583 Spokane 329,455 291,238 Whatcom 576,545 542,529 Whitman 27,455 22,293 Yakima 384,364 353,615 TOTAL 2,114,001 1,959,267

INDUSTRY TOTAL 62,780,163 52,358,656 2,077,220,795 2,048,072,523 2,140,000,958 2,100,431,179

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