Table 1

ASSESSED VALUE OF INTERCOUNTY UTILITY COMPANIES

AIR TRANSPORTATION COMPANIES Actual and Equalized Property Values for Calendar Year 2006

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

ABX Air Inc King 6,543,919 6,223,268 6,543,919 6,223,268 Spokane 571,081 507,120 571,081 507,120 TOTAL 7,115,000 6,730,388 7,115,000 6,730,388

Aero Flight Executive Services King 4,110,540 3,909,124 4,110,540 3,909,124 TOTAL 4,110,540 3,909,124 4,110,540 3,909,124

Aeroflot Russian Intl Airlines King 16,000 15,216 16,000 15,216 TOTAL 16,000 15,216 16,000 15,216

Air Canada King 507,000 482,157 507,000 482,157 TOTAL 507,000 482,157 507,000 482,157

Air Transport International Island 8,051 6,900 8,051 6,900 King 2,037,949 1,938,089 2,037,949 1,938,089 TOTAL 2,046,000 1,944,989 2,046,000 1,944,989

Airpac Airlines Douglas 137,501 134,889 137,501 134,889 Franklin 137,501 126,226 137,501 126,226 Grant 137,501 128,976 137,501 128,976 King 1,324,991 1,260,067 1,324,991 1,260,067 Pierce 137,501 131,314 137,501 131,314 Snohomish 137,501 137,501 137,501 137,501 Spokane 137,501 122,101 137,501 122,101 Whatcom 137,501 127,876 137,501 127,876 Yakima 137,501 130,901 137,501 130,901 TOTAL 2,424,999 2,299,851 2,424,999 2,299,851 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED Inc King 54,033,119 46,900,747 499,984,174 475,484,949 554,017,293 522,385,696 Spokane 3,588,707 3,186,772 3,588,707 3,186,772 TOTAL 54,033,119 46,900,747 503,572,881 478,671,721 557,606,000 525,572,468

Allegiant Air Franklin 682,584 626,612 682,584 626,612 King 56,276 53,519 56,276 53,519 Spokane 26,403 23,446 26,403 23,446 Whatcom 1,000,126 930,117 1,000,126 930,117 Yakima 1,611 1,534 1,611 1,534 TOTAL 1,767,000 1,635,228 1,767,000 1,635,228

America West Airlines Inc King 21,691,471 20,628,589 21,691,471 20,628,589 Spokane 2,960,529 2,628,950 2,960,529 2,628,950 TOTAL 24,652,000 23,257,539 24,652,000 23,257,539

American Airlines Inc King 66,642,000 63,376,542 66,642,000 63,376,542 TOTAL 66,642,000 63,376,542 66,642,000 63,376,542

Ameriflight Inc Benton 885,801 790,135 885,801 790,135 Douglas 97,904 96,044 97,904 96,044 Franklin 82,779 75,991 82,779 75,991 Grant 208,325 195,409 208,325 195,409 King 8,825,011 8,392,585 8,825,011 8,392,585 Kittitas 2,182 2,095 2,182 2,095 Okanogan 39,796 38,761 39,796 38,761 Pierce 1,267 1,210 1,267 1,210 Snohomish 31,754 31,754 31,754 31,754 Spokane 209,455 185,996 209,455 185,996 Thurston 4,187 3,831 4,187 3,831 Walla Walla 112,765 105,548 112,765 105,548 Whatcom 397,337 369,523 397,337 369,523 Yakima 524,436 499,263 524,436 499,263 TOTAL 11,422,999 10,788,145 11,422,999 10,788,145

Ameristar King 370,834 352,663 370,834 352,663 TOTAL 370,834 352,663 370,834 352,663

Asiana Airlines Inc King 4,873,000 4,634,223 4,873,000 4,634,223 TOTAL 4,873,000 4,634,223 4,873,000 4,634,223

ASTAR Air Cargo King 155,000 147,405 155,000 147,405 TOTAL 155,000 147,405 155,000 147,405 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED ATA Airlines Inc Grant 2,908 2,728 2,908 2,728 Island 10,905 9,346 10,905 9,346 King 2,927,755 2,784,295 2,927,755 2,784,295 Pierce 276,632 264,184 276,632 264,184 TOTAL 3,218,200 3,060,553 3,218,200 3,060,553

Atlas Air Inc King 188,754 179,505 188,754 179,505 Pierce 23,246 22,200 23,246 22,200 TOTAL 212,000 201,705 212,000 201,705

Avantair King 403,469 383,699 403,469 383,699 TOTAL 403,469 383,699 403,469 383,699

Big Sky Transportation Co Grant 933,423 875,551 933,423 875,551 King 29,856 28,393 29,856 28,393 Spokane 1,210,721 1,075,120 1,210,721 1,075,120 TOTAL 2,174,000 1,979,064 2,174,000 1,979,064

Bombardier Flexjet Clallam 145,465 141,683 145,465 141,683 Douglas 36,366 35,675 36,366 35,675 Franklin 109,099 100,153 109,099 100,153 Grays Harbor 36,366 36,257 36,366 36,257 King 3,236,591 3,077,999 3,236,591 3,077,999 Kitsap 145,465 145,465 145,465 145,465 Lewis 72,732 66,477 72,732 66,477 Pierce 181,831 173,649 181,831 173,649 Skagit 36,366 36,366 36,366 36,366 Snohomish 109,099 109,099 109,099 109,099 Spokane 545,493 484,398 545,493 484,398 Thurston 36,366 33,275 36,366 33,275 Walla Walla 72,732 68,078 72,732 68,078 Whatcom 254,563 236,744 254,563 236,744 Yakima 145,465 138,482 145,465 138,482 TOTAL 5,163,999 4,883,800 5,163,999 4,883,800

British Airways - PLC King 16,197,000 15,403,347 16,197,000 15,403,347 TOTAL 16,197,000 15,403,347 16,197,000 15,403,347

Cargolux Airlines International King 12,000 11,412 12,000 11,412 TOTAL 12,000 11,412 12,000 11,412

Casino Express Clallam 54,310 52,898 54,310 52,898 Franklin 142,268 130,602 142,268 130,602 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED Grant 15,939 14,951 15,939 14,951 King 145,103 137,993 145,103 137,993 Spokane 88,548 78,631 88,548 78,631 Whatcom 245,574 228,384 245,574 228,384 Yakima 106,258 101,158 106,258 101,158 TOTAL 798,000 744,617 798,000 744,617

Champion Air Franklin 56,556 51,918 56,556 51,918 King 1,199,573 1,140,794 1,199,573 1,140,794 Pierce 247,058 235,941 247,058 235,941 Spokane 23,813 21,146 23,813 21,146 TOTAL 1,527,000 1,449,799 1,527,000 1,449,799

China Airlines King 658,921 626,634 658,921 626,634 TOTAL 658,921 626,634 658,921 626,634

China Eastern Airlines King 600 570 600 570 TOTAL 600 570 600 570

CitationShares King 1,855,357 1,764,445 1,855,357 1,764,445 TOTAL 1,855,357 1,764,445 1,855,357 1,764,445

Commander Northwest Ltd Douglas 1,990,000 1,952,190 1,990,000 1,952,190 TOTAL 1,990,000 1,952,190 1,990,000 1,952,190

Continental Airlines Inc King 68,043,000 64,708,893 68,043,000 64,708,893 TOTAL 68,043,000 64,708,893 68,043,000 64,708,893

Coyan Aviation Inc Adams 64,556 59,714 64,556 59,714 Douglas 64,556 63,329 64,556 63,329 Grant 129,112 121,106 129,112 121,106 King 64,556 61,392 64,556 61,392 Spokane 64,556 57,325 64,556 57,325 Walla Walla 64,556 60,424 64,556 60,424 Whitman 64,556 55,647 64,556 55,647 Yakima 64,556 61,457 64,556 61,457 TOTAL 581,004 540,394 581,004 540,394

Custom Air Transport King 156,150 148,499 156,150 148,499 TOTAL 156,150 148,499 156,150 148,499

Delta Air Lines Inc Franklin 1,740,179 1,597,484 1,740,179 1,597,484 King 70,608,313 67,148,505 70,608,313 67,148,505 Spokane 2,090,509 1,856,372 2,090,509 1,856,372 TOTAL 74,439,001 70,602,361 74,439,001 70,602,361

Empire Airlines Inc King 65,472 62,264 65,472 62,264 Okanogan 10,135 9,871 10,135 9,871 San Juan 15,709 13,745 15,709 13,745 Spokane 350,684 311,407 350,684 311,407 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED TOTAL 442,000 397,287 442,000 397,287

Eva Air King 8,259,000 7,854,309 8,259,000 7,854,309 TOTAL 8,259,000 7,854,309 8,259,000 7,854,309

Evergreen International Airlines Inc King 17,312 16,464 17,312 16,464 Pierce 781,688 746,512 781,688 746,512 TOTAL 799,000 762,976 799,000 762,976

Executive Flight Inc Douglas 7,862,106 7,712,726 7,862,106 7,712,726 King 151,894 144,451 151,894 144,451 TOTAL 8,014,000 7,857,177 8,014,000 7,857,177

Executive Jet Management Inc King 1,942,300 1,847,127 1,942,300 1,847,127 Spokane 276,753 245,756 276,753 245,756 TOTAL 2,219,053 2,092,883 2,219,053 2,092,883

Express Net Airlines LLC King 2,879,000 2,737,929 2,879,000 2,737,929 TOTAL 2,879,000 2,737,929 2,879,000 2,737,929

Federal Express Corp Adams 3,351 3,100 3,351 3,100 Asotin 900 689 900 689 Benton 34,883 31,115 34,883 31,115 Chelan 257,894 243,452 257,894 243,452 Clallam 193,435 188,405 193,435 188,405 Clark 72,671 71,799 72,671 71,799 Cowlitz 25,180 25,180 25,180 25,180 Douglas 103,721 101,750 103,721 101,750 Ferry 900 823 900 823 Franklin 707,685 649,655 707,685 649,655 Grant 286,400 268,643 286,400 268,643 Grays Harbor 84,934 84,678 84,934 84,678 Island 21,119 18,100 21,119 18,100 Jefferson 3,450 3,450 3,450 3,450 King 63,120,270 60,027,375 63,120,270 60,027,375 Kitsap 43,724 43,724 43,724 43,724 Kittitas 3,951 3,793 3,951 3,793 Klickitat 2,951 2,951 2,951 2,951 Lewis 5,500 5,027 5,500 5,027 Mason 8,553 7,877 8,553 7,877 Okanogan 66,375 64,649 66,375 64,649 Pend Oreille 900 725 900 725 Pierce 456,112 435,587 456,112 435,587 San Juan 123,271 107,861 123,271 107,861 Skagit 25,309 25,309 25,309 25,309 Skamania 900 794 900 794 Snohomish 102,865 102,865 102,865 102,865 Spokane 17,220,168 15,291,508 17,220,168 15,291,508 Stevens 4,402 3,676 4,402 3,676 Thurston 300,587 275,037 300,587 275,037 Walla Walla 11,776 11,022 11,776 11,022 Whatcom 1,019,662 948,285 1,019,662 948,285 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED Whitman 5,605 4,832 5,605 4,832 Yakima 476,598 453,721 476,598 453,721 TOTAL 84,796,002 79,507,457 84,796,002 79,507,457

Flight Options King 12,311,925 11,708,641 12,311,925 11,708,641 TOTAL 12,311,925 11,708,641 12,311,925 11,708,641

Frontier Airlines Inc King 21,410,733 20,361,608 21,410,733 20,361,608 Spokane 83,383 74,044 83,383 74,044 Whitman 71,883 61,964 71,883 61,964 TOTAL 21,565,999 20,497,616 21,565,999 20,497,616

Gulf & Carribean Cargo Inc King 10,265 9,762 10,265 9,762 Snohomish 1,735 1,735 1,735 1,735 TOTAL 12,000 11,497 12,000 11,497

Hawaiian Airlines Inc King 55,429,000 52,712,979 55,429,000 52,712,979 TOTAL 55,429,000 52,712,979 55,429,000 52,712,979

Hillsboro Aviation Inc Cowlitz 284,292 284,292 284,292 284,292 TOTAL 284,292 284,292 284,292 284,292

Horizon Air Industries Inc Douglas 2,216,740 2,174,622 2,216,740 2,174,622 Franklin 5,716,214 5,247,485 5,716,214 5,247,485 King 7,985,437 6,931,359 148,691,015 141,405,155 156,676,452 148,336,514 Spokane 28,009,826 24,872,726 28,009,826 24,872,726 Walla Walla 1,754,490 1,642,202 1,754,490 1,642,202 Whatcom 4,882,554 4,540,775 4,882,554 4,540,775 Whitman 2,315,226 1,995,725 2,315,226 1,995,725 Yakima 3,297,499 3,139,219 3,297,499 3,139,219 TOTAL 7,985,437 6,931,359 196,883,564 185,017,909 204,869,001 191,949,268

Island Air Jefferson 13,540 13,540 13,540 13,540 King 36,750 34,949 36,750 34,949 San Juan 415,604 363,654 415,604 363,654 Skagit 77,368 77,368 77,368 77,368 Snohomish 9,671 9,671 9,671 9,671 Whatcom 145,066 134,912 145,066 134,912 TOTAL 697,999 634,094 697,999 634,094

Jazz King 773,906 735,985 773,906 735,985 TOTAL 773,906 735,985 773,906 735,985

Jet Aviation King 1,511,911 1,437,827 1,511,911 1,437,827 TOTAL 1,511,911 1,437,827 1,511,911 1,437,827

JetBlue Airways King 6,046,000 5,749,746 6,046,000 5,749,746 TOTAL 6,046,000 5,749,746 6,046,000 5,749,746 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED LLC King 174,000 165,474 174,000 165,474 Pierce 76,765 73,310 76,765 73,310 Snohomish 10,235 10,235 10,235 10,235 TOTAL 261,000 249,019 261,000 249,019

Kenmore Air Harbor Inc Clallam 97,872 95,327 97,872 95,327 King 4,119,711 3,917,845 4,119,711 3,917,845 San Juan 70,417 61,615 70,417 61,615 TOTAL 4,288,000 4,074,787 4,288,000 4,074,787

Kitty Hawk, Inc. King 2,340,000 2,225,340 2,340,000 2,225,340 TOTAL 2,340,000 2,225,340 2,340,000 2,225,340

Korean Air Lines King 2,006,652 1,908,326 2,006,652 1,908,326 TOTAL 2,006,652 1,908,326 2,006,652 1,908,326

Martinair Holland NV King 8,000 7,608 8,000 7,608 TOTAL 8,000 7,608 8,000 7,608

Mesa Airlines Inc King 2,019,284 1,920,339 2,019,284 1,920,339 Spokane 3,614,716 3,209,868 3,614,716 3,209,868 TOTAL 5,634,000 5,130,207 5,634,000 5,130,207

Miami Air International Inc King 654,000 621,954 654,000 621,954 TOTAL 654,000 621,954 654,000 621,954

NetJets Inc Adams 4,558 4,216 4,558 4,216 Clallam 33,423 32,554 33,423 32,554 Douglas 12,154 11,923 12,154 11,923 Franklin 53,173 48,813 53,173 48,813 Grant 60,769 57,001 60,769 57,001 King 8,840,371 8,407,193 8,840,371 8,407,193 Kitsap 44,058 44,058 44,058 44,058 Okanogan 57,731 56,230 57,731 56,230 Pierce 177,749 169,751 177,749 169,751 San Juan 9,115 7,976 9,115 7,976 Skagit 41,019 41,019 41,019 41,019 Snohomish 60,769 60,769 60,769 60,769 Spokane 381,326 338,618 381,326 338,618 Thurston 161,038 147,350 161,038 147,350 Walla Walla 10,635 9,954 10,635 9,954 Whatcom 291,691 271,273 291,691 271,273 Whitman 36,461 31,430 36,461 31,430 Yakima 75,961 72,315 75,961 72,315 TOTAL 10,352,001 9,812,443 10,352,001 9,812,443

North King 15,080 14,341 15,080 14,341 Spokane 80,563 71,540 80,563 71,540 TOTAL 95,643 85,881 95,643 85,881 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED Northwest Airlines Inc King 144,759,885 137,666,651 144,759,885 137,666,651 Spokane 2,276,115 2,021,190 2,276,115 2,021,190 TOTAL 147,036,000 139,687,841 147,036,000 139,687,841

Northwest Seaplanes Inc King 652,965 620,970 652,965 620,970 Skagit 258,035 258,035 258,035 258,035 TOTAL 911,000 879,005 911,000 879,005

Omni Air International Island 72,816 62,403 72,816 62,403 Pierce 574,184 548,346 574,184 548,346 TOTAL 647,000 610,749 647,000 610,749

Polar Air Cargo Pierce 45,000 42,975 45,000 42,975 TOTAL 45,000 42,975 45,000 42,975

Ryan International Airlines Franklin 22,240 20,416 22,240 20,416 King 187,979 178,768 187,979 178,768 Pierce 28,859 27,560 28,859 27,560 Spokane 12,708 11,285 12,708 11,285 Whatcom 19,592 18,221 19,592 18,221 Yakima 24,623 23,441 24,623 23,441 TOTAL 296,001 279,691 296,001 279,691

Scandinavian Airlines of N America King 8,589,000 8,168,139 8,589,000 8,168,139 TOTAL 8,589,000 8,168,139 8,589,000 8,168,139

Sierra West Airlines King 114,000 108,414 114,000 108,414 TOTAL 114,000 108,414 114,000 108,414

Skywest Airlines Inc Franklin 11,360,076 10,428,550 11,360,076 10,428,550 King 16,527,848 15,717,984 16,527,848 15,717,984 Spokane 20,200,076 17,937,667 20,200,076 17,937,667 TOTAL 48,088,000 44,084,201 48,088,000 44,084,201

Sound Flight Inc King 440,000 418,440 440,000 418,440 TOTAL 440,000 418,440 440,000 418,440

Southwest Airlines Co King 115,185,728 109,541,627 115,185,728 109,541,627 Spokane 33,520,272 29,766,001 33,520,272 29,766,001 TOTAL 148,706,000 139,307,628 148,706,000 139,307,628

Spokane Airways Spokane 510,727 453,526 510,727 453,526 TOTAL 510,727 453,526 510,727 453,526

Sun Country Airlines Inc Grant 5,861 5,498 5,861 5,498 King 2,687,884 2,556,178 2,687,884 2,556,178 Spokane 5,255 4,666 5,255 4,666 REAL PROPERTY PERSONAL PROPERTY TOTAL REAL AND PERSONAL COUNTY ACTUAL EQUALIZED ACTUAL EQUALIZED ACTUAL EQUALIZED TOTAL 2,699,000 2,566,342 2,699,000 2,566,342

The Air Group Inc King 4,668,119 4,439,381 4,668,119 4,439,381 TOTAL 4,668,119 4,439,381 4,668,119 4,439,381

United Air Lines Inc King 188,557,225 179,317,921 188,557,225 179,317,921 Spokane 8,556,775 7,598,416 8,556,775 7,598,416 TOTAL 197,114,000 186,916,337 197,114,000 186,916,337

United Parcel Service Co King 24,564,806 23,361,130 24,564,806 23,361,130 Snohomish 33,620 33,620 33,620 33,620 Spokane 13,322,574 11,830,446 13,322,574 11,830,446 TOTAL 37,921,000 35,225,196 37,921,000 35,225,196

US Air Inc King 33,733,000 32,080,083 33,733,000 32,080,083 TOTAL 33,733,000 32,080,083 33,733,000 32,080,083

West Isle Air Inc Clallam 8,153 7,941 8,153 7,941 King 74,952 71,279 74,952 71,279 San Juan 154,651 135,320 154,651 135,320 Skagit 632,194 632,194 632,194 632,194 Whatcom 37,050 34,457 37,050 34,457 TOTAL 907,000 881,191 907,000 881,191

Western Air Express Spokane 124,000 110,112 124,000 110,112 TOTAL 124,000 110,112 124,000 110,112

Wings Aloft Inc King 2,355,000 2,239,605 2,355,000 2,239,605 TOTAL 2,355,000 2,239,605 2,355,000 2,239,605

World Airways Inc King 10,484,936 9,971,174 10,484,936 9,971,174 Pierce 775,064 740,186 775,064 740,186 TOTAL 11,260,000 10,711,360 11,260,000 10,711,360

INDUSTRY TOTAL 62,018,556 53,832,106 1,881,832,748 1,780,033,558 1,943,851,304 1,833,865,664