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STEVENS ANCHORAGE INTERNATIONAL Anchorage,

PFC Quarterly Report - Receipts Collected For the Quarter Ended September 30,2008 (Application No. 1 )

Application #99-01-C-00-ANC & 99-01-C-01-ANC $22,000,000.00 0.00 Total Collection Authority $22,000,000.00

PFC Revenue Received Air Carriers Current Quarter Previous Quarters Cumulative Aces 32.12 32.12 317.44 317.44 De Mexico 122.58 122.58 Aero Mexico 98.53 98.53 136,476.21 136,476.21 Air 1,764.99 1,764.99 Air 2,094.33 2,094.33 Air Pacific 8.67 8.67 Airlines Services Corporation 37.96 37.96 Air Wisconsin Airlines 46.54 46.54 11,024,874.06 11,024,874.06 Airlines 1,051.51 1,051.51 Co 1,905.64 1,905.64 Aloha Airlines 7,152.82 7,152.82 America Central Corp 23.36 23.36 America West Airlines 228,474.04 228,474.04 509,508.22 509,508.22 American Trans Air 6,513.14 6,513.14 2,125.95 2,125.95 Atlantic Coast 96.36 96.36 8.76 8.76 Big Airlines 87.36 87.36 12,272.36 12,272.36 Canada 3000 10,999.72 10,999.72 Airways 271.27 271.27 Airlines 78,473.09 78,473.09 51,063.24 51,063.24 Condor Flugdienst, GMBH 12,826.71 12,826.71 1,380,859.31 1,380,859.31 348.36 348.36 Delta Airlines 1,673,182.33 1,673,182.33 Elal Israel Airlines 110.74 110.74 14.57 14.57 Era Aviation, Inc. 64,420.13 64,420.13 Era Aviation Center, Inc. 0.00 0.00 Eva Airways Corp 1,329.02 1,329.02 F.S. Air Service 22,884.04 22,884.04 90.52 90.52 First Air 43.80 43.80 Frontier Airlines, Inc. 118,360.04 118,360.04 Frontier Flying Service 0.00 0.00 Great Lakes Aviation, Ltd. 519.46 519.46 Hawaiin Airlines 449,164.47 449,164.47 Airlines of Spain 209.76 209.76 Island Air Service 6.00 6.00 Airlines 2,991.42 2,991.42 Japan Air Lines Co., LTD. 16,610.79 16,610.79 KLM Royal Dutch Airlines 435.27 435.27 Lines 142,556.86 142,556.86 5.84 5.84 Lan Chile Airlines 474.10 474.10 Lan Peru S.A. 37.93 37.93 Lineas Aereas Costarricenses S.A. 40.85 40.85 LOT Polish Airlines 101.81 101.81 German Airlines 24,383.40 24,383.40 326.74 326.74 Malev Hungarian Airlines 5.84 5.84

1 of 6 Mavial Airlines 23,360.68 23,360.68 Mesa Airlines 66.71 66.71 Mexicana Airlines 1,098.77 1,098.77 Air International 2,096.56 2,096.56 Midway Airlines & Affiliates 11.68 11.68 Midwest Airlines 155.78 155.78 Midwest Express 373.76 373.76 MLT Inc. 20,831.28 20,831.28 MN Airlines, LLC 55,939.35 55,939.35 National Airlines 26.28 26.28 25.00 25.00 North American Airlines 50,481.88 50,481.88 , Inc. 2,531,687.70 2,531,687.70 Omni Air International 8,759.59 8,759.59 Penn Air, Inc. 1,228.25 1,228.25 Peninsula Airways 27,748.92 27,748.92 Polish Airlines 43.35 43.35 Airways Ltd 3,717.25 3,717.25 Reeve Aleutian Airways 9,376.12 9,376.12 Belgian Airlines 2.92 2.92 5,605.36 5,605.36 Sierra Pacific 782.56 782.56 555.35 555.35 PTE Ltd 0.00 0.00 SN Airlines 8.67 8.67 215.96 215.96 Swiss Air 358.71 358.71 Taca Internation Airlines 209.43 209.43 Transportes Aereos Meridionais Tam Airlines 17.46 17.46 Tap Air 35.04 35.04 , Inc 72.73 72.73 Trans World Airlines 91,600.32 91,600.32 TWA Airlines, LLC 41,811.32 41,811.32 1,268,607.63 1,268,607.63 US Airways 34,150.39 34,150.39 Airlines 212.17 212.17 96.12 96.12 Total PFC Revenue Received From Air Carriers $ 20,169,611.43 $ 20,169,611.43

Interest Earned $ 32,472.53 $ 1,733,774.79 $ 1,766,247.32

Total PFC Revenue $ 32,472.53 $ 21,903,386.22 $ 21,935,858.75

2 of 6 TED STEVENS ANCHORAGE INTERNATIONAL AIRPORT Anchorage, Alaska

PFC Quarterly Report - Receipts Collected For the Quarter Ended September 30,2008 (Application No. 2)

Application #05-02-C-00-ANC $14,000,000.00 0.00 Total Collection Authority $14,000,000.00

PFC Revenue Received Air Carriers Current Quarter Previous Quarters Cumulative Aer Lingus 2.89 83.81 86.70 Aero Mexico 26.01 236.98 262.99 Aerovias De Mexico 0.00 14.45 14.45 Air Canada 18,105.69 65,512.95 83,618.64 447.95 2,603.89 3,051.84 213.86 781.40 995.26 Air Pacific 11.56 60.69 72.25 Alaska Airlines 607,375.34 5,658,947.28 6,266,322.62 Alitalia Airlines 17.34 121.38 138.72 All Nippon Airways Co 5.56 83.70 89.26 Aloha Airlines 17.23 77.81 95.04 America West Airlines 0.00 180,410.15 180,410.15 American Airlines 22,866.86 278,316.68 301,183.54 American Trans Air 0.00 459.07 459.07 Asiana Airlines 398.16 3,253.54 3,651.70 11.45 1,244.12 1,255.57 Aviacion Commercial Del America 0.00 5.78 5.78 Avianca 14.15 74.52 88.67 Big 0.00 20.23 20.23 British Airways 287.79 4,699.73 4,987.52 Brussels 2.89 2.89 5.78 Cathay Pacific Airways 46.24 575.11 621.35 Champion Air 0.00 274.55 274.55 9,099.68 67,603.75 76,703.43 Condor Flugdienst, GMBH 6,100.79 50,173.29 56,274.08 Continental Airlines 88,398.06 742,165.40 830,563.46 Czech Airlines 20.23 98.26 118.49 Delta Airlines 100,603.13 732,157.74 832,760.87 Elal Israel Airlines 5.78 141.61 147.39 Emirates 2.89 121.38 124.27 Era Aviation Center, Inc. 916.13 4,673.13 5,589.26 2.89 0.00 2.89 Eva Airways Corp 184.96 1,077.97 1,262.93 Finnair 17.34 63.58 80.92 Frontier Airlines, Inc. 13,748.53 131,839.83 145,588.36 Frontier Flying Service 0.00 3,184.84 3,184.84 Great Lakes Aviation, Ltd. 20.23 173.40 193.63 Great Western Financial 0.00 8.67 8.67 224.21 127,481.10 127,705.31 Iberia Airlines of Spain 8.67 98.26 106.93 Island Air Service 0.00 5.56 5.56 International Co 3,317.28 19,523.00 22,840.28 KLM Royal Dutch Airlines 57.03 634.48 691.51 Korean Air Lines 395.93 14,192.63 14,588.56 Kuwait Airlines 2.89 0.00 2.89 Lan Chile Airlines 28.90 122.82 151.72 Lan Peru S.A. 2.89 118.48 121.37 Lineas Aereas Costarricenses S.A. 0.00 8.67 8.67 LOT Polish Airlines 17.34 49.13 66.47 Lufthansa German Airlines 1,344.24 12,219.47 13,563.71 Malaysia Airlines 0.00 37.57 37.57 Mesa Airlines 0.00 17.34 17.34 Mexicana Airlines 98.26 315.01 413.27 Miami Air International 427.72 2,433.38 2,861.10 Midwest Airlines 14.45 193.19 207.64

3 of 6 MN Airlines, LLC 0.00 65,614.56 65,614.56 Monarch Airlines 0.00 265.88 265.88 Northwest Airlines, Inc. 128,744.45 1,009,630.19 1,138,374.64 Omni Air International 0.00 2,274.43 2,274.43 Peninsula Airways 994.16 3,271.48 4,265.64 Polish Airlines 0.00 46.24 46.24 Qantas Airways Ltd 130.52 2,620.70 2,751.22 Corp. 2.89 3.00 5.89 Scandinavian Airlines 210.42 2,046.59 2,257.01 Singapore Airlines 37.57 268.77 306.34 South African Airways 17.34 231.20 248.54 Sun Country Airlines 20,649.05 24,515.87 45,164.92 Swiss Air 5.67 89.26 94.93 Swissport USA Inc. 0.00 5.78 5.78 Taca Internation Airlines 28.90 37.57 66.47 Tap Air Portugal 5.78 28.90 34.68 Transportes Aereos Meridionais Tam Airlines 23.12 83.81 106.93 Turkish Airlines, Inc 0.00 57.80 57.80 United Airlines 74,908.92 559,541.04 634,449.96 US Airways 26,884.13 277,956.04 304,840.17 Varig Airlines 0.00 11.56 11.56 Virgin Atlantic 0.00 86.59 86.59 Vladivostok Air America, Inc 1,537.48 0.00 1,537.48 Total PFC Revenue Received From Air Carriers $ 1,129,091.82 $ 10,057,480.91 $ 11,186,572.73

Interest Earned $ 21,702.12 $ 519,575.04 $ 541,277.16

Total PFC Revenue $ 1,150,793.94 $ 10,577,055.95 $ 11,727,849.89

4 of 6 PFC Quarterly Report - Project Expenditure Activity

Public Agency: State of Alaska, DOT & PF Use Airport: Ted Stevens Anchorage International Airport (ANC) Quarter ending: September 30,2008

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 9/30/04 $ - $ 17,043,172.88 $ 17,043,172.88 $ 22,000,000.00 $ 22,000,000.00

Total on Application 99-01-C-00-ANC $ - $ 17,043,172.88 $ 17,043,172.88 $ 22,000,000.00 $ 22,000,000.00

1 . Concourse A & B Retrofit (Pay as you go projects) 10/12/05 7/1/09 3.00$ 6/1/05 6/30/09 $ 2,902,854.25 $ 10,029,732.28 $ 12,932,586.53 $ 14,000,000.00 $ 14,000,000.00

Total on Application 05-02-C-00-ANC $ 2,902,854.25 $ 10,029,732.28 $ 12,932,586.53 $ 14,000,000.00 $ 14,000,000.00

Total All Applications $ 2,902,854.25 $ 27,072,905.16 $ 29,975,759.41 $ 36,000,000.00 $ 36,000,000.00

5 of 6 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: September 30, 2008

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 21,903,386.22 0.00 32,472.53 21,935,858.75

05-02-C-00-ANC 10,577,055.95 1,129,091.82 21,702.12 11,727,849.89

TOTAL $ 32,480,442.17 $ 1,129,091.82 $ 54,174.65 $ 33,663,708.64

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 21,903,386.22 17,043,172.88 32,472.53 0.00 21,935,858.75 17,043,172.88 4,892,685.87

05-02-C-00-ANC 10/12/2005 7/1/2009 $ 3.00 14,000,000.00 14,000,000.00 10,577,055.95 10,029,732.28 1,150,793.94 2,902,854.25 11,727,849.89 12,932,586.53 -1,204,736.64

TOTAL $ 36,000,000.00 $ 36,000,000.00 $ 32,480,442.17 $ 27,072,905.16 $ 1,183,266.47 $ 2,902,854.25 $ 33,663,708.64 $ 29,975,759.41 $ 3,687,949.23

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