FAIRBANKS INTERNATIONAL AIRPORT Fairbanks, Alaska

PFC Quarterly Report - Receipts Collected For the Quarter Ended September 30, 2007 (Amended) Collection Authority: Application # 06-02-C-00-FAI $33,217,000.00

Total Collection Authority $33,217,000.00

PFC Receipts Received Air Carriers Current Quarter Previous Quarters Cumulative

Aeromexico 0.00 8.78 8.78 Air Canada 171.21 117.65 288.86 Air France 61.46 144.87 206.33 Air New Zealand 0.00 87.80 87.80 Air North Charter & Training 0.00 0.00 0.00 Air Portugal 0.00 0.00 0.00 Alaska , Inc 257,404.32 779,185.26 1,036,589.58 Alitalia Airlines 0.00 8.78 8.78 All Nippon Airways Co. 0.00 8.78 8.78 0.00 0.00 0.00 4.39 0.00 4.39 0.00 1,771.14 1,771.14 2,835.45 8,682.01 11,517.46 American Trans Air 0.00 56.85 56.85 Ameristar 0.00 0.00 0.00 Asiana Airlines 57.07 175.38 232.45 Austrian Airlines 4.39 131.62 136.01 0.00 4.39 4.39 British Airways 109.64 430.00 539.64 Casino Express 0.00 0.00 0.00 Cathay Pacific Airways 0.00 4.28 4.28 237.06 0.00 237.06 China Airlines 214.89 678.69 893.58 Condor Flugdienst, GMBH 0.00 1,444.31 1,444.31 389.78 2,900.11 3,289.89 Czech Airlines 4.39 0.00 4.39 Delta Airlines 18,221.11 29,490.32 47,711.43 , Inc. 35.12 61.46 96.58 EVA Airways 61.46 48.29 109.75 F.S. Air Service 0.00 0.00 0.00 Finnair 0.00 0.00 0.00 , Inc. 65.85 117.54 183.39 Great Lakes Aviation 0.00 8.78 8.78 56.96 109.42 166.38 Iberia Airlines of Spain 4.39 0.00 4.39 Japan Airlines International Co. 1,866.29 18,643.12 20,509.41 KLM Royal Dutch Airlines 21.95 74.63 96.58 Korean Air Lines 35.12 847.27 882.39 Lan-Chile Airlines 0.00 26.34 26.34 Lan Peru S.A. 0.00 0.00 0.00 Lineas Aereas Costarricences, S.A. 0.00 0.00 0.00 Lufthansa German Airlines 376.77 306.86 683.63 Malaysia Airlines 0.00 0.00 0.00 0.00 0.00 0.00 Mexicana Airlines 0.00 17.56 17.56 , Inc. 0.00 0.00 0.00 Midway Airlines 0.00 0.00 0.00 13.17 26.34 39.51 Midwest Express 8.78 0.00 8.78 , Inc. 53,779.08 85,790.04 139,569.12

1 of 4 Peninsula Airways, Inc. 30.73 197.55 228.28 Polish Airlines 0.00 8.78 8.78 Qantas Airways 209.84 389.72 599.56 Scandinavian Airlines 83.41 245.62 329.03 Sierra Pacific Airlines 0.00 0.00 0.00 Singapore Airlines 0.00 4.39 4.39 South African Airways 4.39 13.17 17.56 Swiss Air 0.00 0.00 0.00 Taca International Airlines 0.00 0.00 0.00 Tap Air Portugal 0.00 0.00 0.00 0.00 0.00 0.00 Turkish Airlines 0.00 0.00 0.00 2,523.34 8,908.09 11,431.43 US Airways 376.22 547.98 924.20 Varig Airlines 0.00 0.00 0.00 Virgin Atlantic 8.78 0.00 8.78 Total PFC Receipts Received From Air Carriers 339,276.81 941,723.97 1,281,000.78 Interest Earned 12,212.04 26,126.86 38,338.90 Excess Revenue from APP 99-01-C-00-FAI 670,153.00 670,153.00

Total PFC Receipts $351,488.85 $1,638,003.83 $1,989,492.68

2 of 4 PFC Quarterly Report - Project Expenditure Activity

Public Agency: State of Alaska, DOT & PF Use Airport: Fairbanks International Airport (FAI) Quarter Ending: September 30, 2007

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 Improvement - Design Phase 7/20/00 10/1/06$ 4.50 9/1/01 6/30/03$ - $ 395,843.00 Construction Phase 7/20/00 10/1/06$ 4.50 12/31/05 2,449,511.00 $ 2,845,354.00 $ 3,103,920.00 $ 2,845,353.58 2 . Safety Equipment (ARFF & SRE) (Pay as you go projects) 7/20/00 10/1/06$ 4.50 7/1/00 6/30/05 1,499,818.00 $ 1,499,818.00 1,505,000.00 1,499,817.85 3 . Maintenance Facility - Design Phase 7/20/00 10/1/06$ 4.50 9/1/01 6/30/03 140,268.00 Construction Phase 7/20/00 10/1/06$ 4.50 710,812.00 $ 851,080.00 851,080.00 851,080.00

Total on Application 99-01-C-00-FAI $ - $ 5,196,252.00 $ 5,196,252.00 $ 5,460,000.00 $ 5,196,252.00

1 . Snow Removal Equipment (Pay as you go projects) 4/4/06 10/1/26$ 4.50 12/1/04 2/15/07$ - $ 817,000.00 $ 817,000.00 $ 817,000.00 $ 817,000.00 2 . Terminal Renovations & Expansion (PFC payments to debt service) 4/4/06 10/1/26$ 4.50 10/1/03 12/31/09$ 625,480.39 $ 625,480.39 32,400,000.00 32,400,000.00

Total on Application 06-02-C-00-FAI $ - $ 1,442,480.39 $ 1,442,480.39 $ 33,217,000.00 $ 33,217,000.00

Total All Applications $ - $ 6,638,732.39 $ 6,638,732.39 $ 38,677,000.00 $ 38,413,252.00

3 of 4 PFC Quarterly Report - Revenue Receipts & Project Expenditure Summary

Public Agency: State of Alaska, DOT & PF Use Airport: Fairbanks International Airport (FAI) Quarter ending: September 30, 2007

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-FAI $5,196,252.00$ - $ - $5,196,252.00

06-02-C-00-FAI 1,638,003.83 339,276.81 12,212.04 1,989,492.68

TOTAL $ 6,834,255.83 $ 339,276.81 $ 12,212.04 $ 7,185,744.68

B. AUTHORITY AND PROJECT EXPENDITURES SUMMARY

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

99-01-C-00-FAI 7/20/2000 10/1/2006$ 4.50 $ 5,460,000.00 $ 5,460,000.00 $ 5,196,252.00 $ 5,196,252.00 $0.00$ - $ 5,196,252.00 $ 5,196,252.00 $ -

06-02-C-00-FAI 4/4/2006 10/1/2026$ 4.50 33,217,000.00 33,217,000.00 1,638,003.83 1,442,480.39 $ 351,488.85 - 1,989,492.68 1,442,480.39 $ 547,012.29

TOTAL $ 38,677,000.00 $ 38,677,000.00 $ 6,834,255.83 $ 6,638,732.39 $ 351,488.85 $ - $ 7,185,744.68 $ 6,638,732.39 $ 547,012.29

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