TED STEVENS ANCHORAGE INTERNATIONAL AIRPORT Anchorage, Alaska

PFC Quarterly Report - Receipts Collected For the Quarter Ended June 30, 2007 (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 Airlines 32.12 32.12 317.44 317.44 Aero De Mexico 122.58 122.58 Aero Mexico 98.53 98.53 136,476.21 136,476.21 1,764.99 1,764.99 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 Airline 96.36 96.36 8.76 8.76 Big Sky Airlines 87.36 87.36 12,272.36 12,272.36 Canada 3000 10,999.72 10,999.72 Airways 271.27 271.27 78,473.09 78,473.09 51,063.24 51,063.24 Condor Flugdienst, GMBH 12,826.71 12,826.71 Continental Airlines 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 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 Miami 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 Sabena Belgian Airlines 2.92 2.92 5,605.36 5,605.36 Sierra Pacific 782.56 782.56 Airlines 555.35 555.35 cargo PTE Ltd 0.00 0.00 SN 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 Portugal 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 Varig 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 $ 63,245.75 $ 1,286,999.67 $ 1,350,245.42

Total PFC Revenue$ 63,245.75 $ 21,456,611.10 $ 21,519,856.85

2 of 6 TED STEVENS ANCHORAGE INTERNATIONAL AIRPORT Anchorage, Alaska

PFC Quarterly Report - Receipts Collected For the Quarter Ended June 30, 2007 (Application No. 2) (AMENDED PFC REPORT)

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 8.67 49.13 57.80 Aero Mexico 0.00 187.85 187.85 Air Canada 8,326.59 32,788.20 41,114.79 Air France 280.33 927.69 1,208.02 Air New Zealand 75.14 312.12 387.26 Air Pacific 20.23 26.01 46.24 Airlines Services Corporation 0.00 0.00 0.00 Air Wisconsin Airlines 0.00 0.00 0.00 Alaska Airlines 693,376.56 2,511,372.22 3,204,748.78 Alitalia Airlines 0.00 14.45 14.45 All Nippon Airways Co 14.45 49.02 63.47 Aloha Airlines 49.13 11.56 60.69 America Central Corp 0.00 0.00 0.00 America West Airlines 1,107.18 179,302.97 180,410.15 American Airlines 37,944.59 140,578.30 178,522.89 American Trans Air 14.45 262.55 277.00 Asiana Airlines 398.38 873.80 1,272.18 151.78 916.82 1,068.60 Atlantic Coast Airline 0.00 0.00 0.00 Avianca 14.45 43.35 57.80 Big Sky Airlines 2.89 11.56 14.45 British Airways 546.68 2,489.56 3,036.24 Canada 3000 0.00 0.00 0.00 Cathay Pacific Airways 92.48 372.81 465.29 Champion Air 0.00 274.55 274.55 China Airlines 6,979.61 29,738.72 36,718.33 Condor 0.00 1,369.86 1,369.86 Condor Flugdienst, GMBH 6,571.86 17,368.90 23,940.76 Continental Airlines 103,676.17 332,855.36 436,531.53 Czech Airlines 28.9 37.57 66.47 Delta Airlines 85,718.21 321,451.15 407,169.36 Elal Israel Airlines 5.78 72.25 78.03 Emirates 8.67 20.23 28.90 Era Aviation, Inc. 445.06 1,655.97 2,101.03 Era Aviation Center, Inc. 0.00 0.00 0.00 Eva Airways Corp 118.49 372.81 491.30 F.S. Air Service 0.00 0.00 0.00 Finnair 2.89 0.00 2.89 First Air 0.00 0.00 0.00 Frontier Airlines, Inc. 14,468.46 48,171.53 62,639.99 Frontier Flying Service 0.00 3,184.84 3,184.84 Great Lakes Aviation, Ltd. 54.91 63.58 118.49 Great Western Financial 0.00 8.67 8.67 15,452.61 69,624.56 85,077.17 Iberia Airlines of Spain 37.57 43.35 80.92 Island Air Service 2.89 2.67 5.56 Japan Airlines 8.67 3,345.52 3,354.19 Japan Air Lines Co., LTD. 5.78 5,634.62 5,640.40 KLM Royal Dutch Airlines 115.60 233.54 349.14 Korean Air Lines 728.28 11,395.11 12,123.39 Kuwait Airways 0.00 0.00 0.00 Lan Chile Airlines 14.45 56.35 70.80 Lan Peru S.A. 24.56 62.13 86.69 Lineas Aereas Costarricenses S.A. 0.00 2.89 2.89 LOT Polish Airlines 2.89 26.01 28.90 Lufthansa German Airlines 1,049.32 6,408.63 7,457.95 Malaysia Airlines 0.00 0.00 0.00 Malev Hungarian Airlines 0.00 0.00 0.00

3 of 6 Mavial Airlines 0.00 0.00 0.00 Mesa Airlines 2.89 11.56 14.45 Mexicana Airlines 17.34 101.15 118.49 Miami Air International 0.00 1,231.14 1,231.14 Midway Airlines & Affiliates 0.00 0.00 0.00 Midwest Airlines 26.01 66.14 92.15 Midwest Express 0.00 0.00 0.00 MLT Inc. 0.00 0.00 0.00 MN Airlines, LLC 12,033.96 33,737.86 45,771.82 Monarch Airlines 265.88 0.00 265.88 National Airlines 0.00 0.00 0.00 Nippon Cargo Airlines 0.00 0.00 0.00 North American Airlines 0.00 0.00 0.00 Northwest Airlines, Inc. 93,116.61 497,533.85 590,650.46 Omni Air International 0.00 2,274.43 2,274.43 Penn Air, Inc. 0.00 404.60 404.60 Peninsula Airways 205.19 1,086.64 1,291.83 Polish Airlines 0.00 46.24 46.24 Qantas Airways Ltd 648.71 1,003.52 1,652.23 Corp. 0.00 3.00 3.00 Reeve Aleutian Airways 0.00 0.00 0.00 Sabena Belgian Airlines 0.00 0.00 0.00 Scandinavian Airlines 176.29 743.97 920.26 Sierra Pacific 0.00 0.00 0.00 Singapore Airlines 46.24 72.25 118.49 Singapore Airlines cargo PTE Ltd 0.00 5.78 5.78 SN Brussels Airlines 0.00 0.00 0.00 South African Airways 43.35 63.58 106.93 Swiss Air 0.00 14.45 14.45 Swissport USA Inc. 5.78 0.00 5.78 Taca Internation Airlines 0.00 17.34 17.34 Tap Air Portugal 17.34 8.67 26.01 Transportes Aereos Meridionais Tam Airlines 63.58 8.67 72.25 Turkish Airlines, Inc 2.89 26.01 28.90 Trans World Airlines 0.00 0.00 0.00 TWA Airlines, LLC 0.00 0.00 0.00 United Airlines 58,425.43 312,547.79 370,973.22 US Airways 38,903.06 56,336.69 95,239.75 Varig Airlines 0.00 11.56 11.56 Virgin Atlantic 2.89 20.23 23.12 Total PFC Revenue Received From Air Carriers $ 1,181,949.05 $ 4,631,448.46 $ 5,813,397.51

Interest Earned $ 41,424.31 $ 155,911.69 $ 197,336.00

Total PFC Revenue$ 1,223,373.36 $ 4,787,360.15 $ 6,010,733.51

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: June 30, 2007

(AMENDED PFC REPORT)

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$ 2,000,000.00 $ 13,043,172.88 $ 15,043,172.88 $ 22,000,000.00 $ 22,000,000.00

Total on Application 99-01-C-00-ANC $ 2,000,000.00 $ 13,043,172.88 $ 15,043,172.88 $ 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$ - $ - $ - $ 14,000,000.00 $ 14,000,000.00

Total on Application 05-02-C-00-ANC $ - $ - $ - $ 14,000,000.00 $ 14,000,000.00

Total All Applications $ 2,000,000.00 $ 13,043,172.88 $ 15,043,172.88 $ 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: June 30, 2007

(AMENDED PFC REPORT)

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 21,456,611.10 0.00 63,245.75 21,519,856.85

05-02-C-00-ANC 4,787,360.15 1,181,949.05 41,424.31 6,010,733.51

TOTAL $ 26,243,971.25 $ 1,181,949.05 $ 104,670.06 $ 27,530,590.36

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 21,456,611.10 13,043,172.88 63,245.75 2,000,000.00 21,519,856.85 15,043,172.88 6,476,683.97

05-02-C-00-ANC 10/12/2005 9/1/2009$ 3.00 14,000,000.00 14,000,000.00 4,787,360.15 0.00 1,223,373.36 0.00 6,010,733.51 0.00 6,010,733.51

TOTAL $ 36,000,000.00 $ 36,000,000.00 $ 26,243,971.25 $ 13,043,172.88 $ 1,286,619.11 $ 2,000,000.00 $ 27,530,590.36 $ 15,043,172.88 $ 12,487,417.48

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