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INTERNATIONAL AIRPORT TOTAL OPERATIONS AND TRAFFIC December 2015 December YEAR TO DATE % of % of % Grand % Grand Incr./ Incr./ Total Incr./ Incr./ Total 2015 2014 Decr. Decr. 2015 2015 2014 Decr. Decr. 2015 OPERATIONS (1) Air Carrier 36,738 34,851 1,887 5.4% 78.9% 424,930 422,178 2,752 0.7% 77.6% Air Taxi 9,433 12,044 (2,611) -21.7% 20.3% 118,147 148,436 (30,289) -20.4% 21.6% General Aviation 379 343 36 10.5% 0.8% 4,464 4,021 443 11.0% 0.8% Military 18 13 5 38.5% 0.0% 107 526 (419) -79.7% 0.0% TOTAL 46,568 47,251 (683) -1.4% 100.0% 547,648 575,161 (27,513) -4.8% 100.0% PASSENGERS (2) International (3) Inbound 71,233 60,809 10,424 17.1% 724,752 628,340 96,412 15.3% Outbound 72,489 62,682 9,807 15.6% 717,485 617,275 100,210 16.2% TOTAL 143,722 123,491 20,231 16.4% 3.1% 1,442,237 1,245,615 196,622 15.8% 2.7%

International/Pre-cleared Inbound 26,651 34,060 (7,409) -21.8% 369,255 467,177 (97,922) -21.0% Outbound 26,213 30,986 (4,773) -15.4% 381,121 495,417 (114,296) -23.1% TOTAL 52,864 65,046 (12,182) -18.7% 1.2% 750,376 962,594 (212,218) -22.0% 1.4% TOTAL INTERNATIONAL 196,586 188,537 8,049 4.3% 4.3% 2,192,613 2,208,209 (15,596) -0.7% 4.1%

Majors (4) Inbound 1,826,792 1,713,839 112,953 6.6% 21,082,878 20,492,706 590,172 2.9% Outbound 1,790,923 1,668,089 122,834 7.4% 21,098,592 20,500,860 597,732 2.9% TOTAL 3,617,715 3,381,928 235,787 7.0% 79.0% 42,181,470 40,993,566 1,187,904 2.9% 78.1%

National (5) Inbound 52,936 46,452 6,484 14.0% 711,202 615,509 95,693 15.5% Outbound 52,205 45,010 7,195 16.0% 706,858 615,350 91,508 14.9% TOTAL 105,141 91,462 13,679 15.0% 2.3% 1,418,060 1,230,859 187,201 15.2% 2.6%

Regionals (6) Inbound 330,514 368,397 (37,883) -10.3% 4,101,612 4,528,493 (426,881) -9.4% Outbound 330,517 365,917 (35,400) -9.7% 4,108,975 4,504,146 (395,171) -8.8% TOTAL 661,031 734,314 (73,283) -10.0% 14.4% 8,210,587 9,032,639 (822,052) -9.1% 15.2%

Supplementals (7) Inbound 263 438 (175) -40.0% 5,874 3,605 2,269 62.9% Outbound 503 613 (110) -17.9% 5,898 3,636 2,262 62.2% TOTAL 766 1,051 (285) -27.1% 0.0% 11,772 7,241 4,531 62.6% 0.0%

GRAND TOTAL PASSENGERS 4,581,239 4,397,292 183,947 4.2% 100.0% 54,014,502 53,472,514 541,988 1.0% 100.0%

CARGO BY TYPE (LBS) (8) Air Mail Inbound 2,039,032 1,706,470 332,562 19.5% 31,226,669 16,929,224 14,297,445 84.5% Outbound 1,911,698 1,556,046 355,652 22.9% 23,769,374 15,926,140 7,843,234 49.2% TOTAL 3,950,730 3,262,516 688,214 21.1% 7.8% 54,996,043 32,855,364 22,140,679 67.4% 10.1%

Freight & Express Inbound 26,737,025 28,408,978 (1,671,953) -5.9% 275,894,217 273,046,624 2,847,593 1.0% Outbound 19,870,198 19,440,712 429,486 2.2% 214,894,171 213,532,252 1,361,919 0.6% TOTAL 46,607,223 47,849,690 (1,242,467) -2.6% 92.2% 490,788,388 486,578,876 4,209,512 0.9% 89.9% BY CARRIER Cargo 39,884,128 40,467,651 (583,523) -1.4% 78.9% 408,837,167 404,001,795 4,835,372 1.2% 74.9% Passenger 10,673,825 10,644,555 29,270 0.3% 21.1% 136,947,264 115,432,445 21,514,819 18.6% 25.1% TOTAL 50,557,953 51,112,206 (554,253) -1.1% 100.0% 545,784,431 519,434,240 26,350,191 5.1% 100.0%

(1) An aircraft operation is either a landing or takeoff or contact with the control tower (as reported by FAA). (2) Revenue and non-revenue passengers as reported by the individual . (3) Aerovias de Mexico, Air , AirTran Airways Int'l., , Frontier Int'l., Frontier/Republic Int'l., GoJet Int'l., Icelandair ehf, Interjet, , Mesa/UAX Int'l. (3) /UAX Int'l., SkyWest/UAX Int'l., Concesionaria Vuela/Volaris, and United Int'l. (4) Alaska, American, Delta, Frontier, Frontier/Republic, Southwest, United, and US Airways. (5) Air Tran, Jet Blue, . (6) American Eagle, , /, Compass Air, ExpressJet/UAX, Go Jet/UAX, Great Lakes, Endeavor/Delta, Mesa/UAX, Republic/UAX, Shuttle America/UAX, (6) SkyWest Airlines/UAX, Skywest Delta Con., Trans States/UAX, Republic/American Eagle, Skywest/American Eagle. (7) , , Xtra Airways, Air, Ryan Int'l. Airlines, MN Airlines, LLC/Sun Country. (8) For Detail see Attached Cargo Report.

Page 1 DENVER INTERNATIONAL AIRPORT TOTAL PASSENGERS BY December 2015

December 2015 vs. 2014 Year To Date % % Increase/ Incr./ Mkt Share Mkt Share Increase/ Incr/ Airline (1) 2015 2014 Decrease Decr. 2015 2015 2014 2014 Decrease Decr.

American Airlines, Inc. 236,569 126,965 109,604 86.3% 1,839,743 3.41% 1,258,259 2.35% 581,484 46.2% American Eagle Airlines, Inc. 0 0 0 0.0% 0 0.00% 134,935 0.25% (134,935) -100.0% Compass/Envoy-Amer. Eag. 18,418 0 18,418 100.0% 121,471 0.22% 0 0.00% 121,471 100.0% Envoy (formerly American Eagle) 0 0 0 0.0% 218 0.00% 0 0.00% 218 100.0% Mesa/Envoy-American Eagle 0 0 0 0.0% 103,580 0.19% 0 0.00% 103,580 100.0% Mesa/US Airways Express 0 16,379 (16,379) -100.0% 0 0.00% 60,887 0.11% (60,887) -100.0% Republic/American Eagle 4,029 7,699 (3,670) -47.7% 38,160 0.07% 127,748 0.24% (89,588) -70.1% Skywest/American Eagle 0 1,199 (1,199) -100.0% 445 0.00% 1,199 0.00% (754) -62.9% US Airways, Inc. 0 113,609 (113,609) -100.0% 1,183,716 2.19% 1,495,453 2.80% (311,737) -20.8% American Total 259,016 265,851 (6,835) -2.6% 3,287,333 6.09% 3,078,481 5.76% 208,852 6.8%

Compass Airlines/Delta Connection 16,323 142 16,181 11395.1% 172,865 0.32% 290 0.00% 172,575 59508.6% , Inc. 191,549 174,096 17,453 10.0% 2,278,361 4.22% 2,051,791 3.84% 226,570 11.0% /Delta Connection 2,869 4,081 (1,212) -29.7% 13,872 0.03% 39,946 0.07% (26,074) -65.3% SkyWest/Delta Connection 19,225 21,809 (2,584) -11.8% 210,374 0.39% 272,562 0.51% (62,188) -22.8% Delta Total 229,966 200,128 29,838 14.9% 2,675,472 4.95% 2,364,589 4.42% 310,883 13.1%

Frontier Airlines, Inc. 590,293 676,172 (85,879) -12.7% 6,464,331 11.97% 9,555,720 17.87% (3,091,389) -32.4% Frontier Int'l 27,843 25,394 2,449 9.6% 232,808 0.43% 284,833 0.53% (52,025) -18.3% Frontier Total 618,136 701,566 (83,430) -11.9% 6,697,139 12.40% 9,840,553 18.40% (3,143,414) -31.9%

AirTran Airways, Inc. 0 0 0 0.0% 0 0.00% 123,445 0.23% (123,445) -100.0% AirTran Airways Int'l 0 0 0 0.0% 0 0.00% 82,523 0.15% (82,523) -100.0% Co. 1,317,601 1,236,679 80,922 6.5% 15,630,456 28.94% 13,862,212 25.92% 1,768,244 12.8% Southwest Airlines Co. Int'l. 23,639 14,551 9,088 62.5% 184,240 0.34% 32,790 0.06% 151,450 461.9% Southwest Total 1,341,240 1,251,230 90,010 7.2% 15,814,696 29.28% 14,100,970 26.37% 1,713,726 12.2%

ExpressJet/ 0 114,766 (114,766) -100.0% 451,120 0.84% 1,530,597 2.86% (1,079,477) -70.5% ExpressJet/United Express Int'l. 0 2,712 (2,712) -100.0% 11,704 0.02% 83,048 0.16% (71,344) -85.9% GoJet Airlines, LLC 65,294 73,542 (8,248) -11.2% 824,755 1.53% 787,601 1.47% 37,154 4.7% GoJet Int'l. 4,413 2,764 1,649 59.7% 42,942 0.08% 40,050 0.07% 2,892 7.2% Mesa/UAX 0 283 (283) -100.0% 1,304 0.00% 283 0.00% 1,021 360.8% Mesa/UAX Int'l 0 283 (283) -100.0% 0 0.00% 1,130 0.00% (1,130) -100.0% Republic/United Express 83,151 102,326 (19,175) -18.7% 1,179,993 2.18% 1,305,559 2.44% (125,566) -9.6% Shuttle America Corporation 17,043 32,713 (15,670) -47.9% 307,573 0.57% 451,773 0.84% (144,200) -31.9% Shuttle America/UAX Int'l. 5,703 2,489 3,214 129.1% 94,064 0.17% 39,625 0.07% 54,439 137.4% SkyWest Airlines, Inc. 369,846 350,417 19,429 5.5% 4,321,714 8.00% 4,157,089 7.77% 164,625 4.0% SkyWest Airlines/UAX Int'l. 16,050 32,880 (16,830) -51.2% 241,970 0.45% 365,577 0.68% (123,607) -33.8% /UAX 56,590 0 56,590 100.0% 375,642 0.70% 0 0.00% 375,642 100.0% United Air Lines, Inc. 1,249,575 1,023,288 226,287 22.1% 14,314,768 26.50% 12,359,673 23.11% 1,955,095 15.8% United Int'l 41,342 38,563 2,779 7.2% 439,913 0.81% 334,816 0.63% 105,097 31.4% United Int'l Pre-clear 18,103 15,605 2,498 16.0% 248,357 0.46% 293,783 0.55% (45,426) -15.5% United Total 1,927,110 1,792,631 134,479 7.5% 22,855,819 42.31% 21,750,604 40.68% 1,105,215 5.1%

Aerovias de Mexico S.A. de C.V. 6,846 8,600 (1,754) -20.4% 26,517 0.05% 26,827 0.05% (310) -1.2% 8,595 8,313 282 3.4% 110,803 0.21% 138,807 0.26% (28,004) -20.2% 0 0 0 0.0% 536 0.00% 574 0.00% (38) -6.6% , Inc. 32,128 31,119 1,009 3.2% 470,095 0.87% 409,914 0.77% 60,181 14.7% Allegiant Air, Inc. 141 865 (724) -83.7% 2,956 0.01% 2,823 0.01% 133 4.7% , Inc. 0 0 0 0.0% 0 0.00% 591 0.00% (591) -100.0% Boutique Air, Inc. 975 0 975 100.0% 4,759 0.01% 0 0.00% 4,759 100.0% British Airways, Plc 12,845 11,819 1,026 8.7% 187,474 0.35% 160,602 0.30% 26,872 16.7% Concesionaria Vuela dba Volaris 9,823 7,913 1,910 24.1% 65,891 0.12% 39,947 0.07% 25,944 64.9% Elite Airways 525 0 525 100.0% 7,025 0.01% 546 0.00% 6,479 1186.6% Great Lakes Aviation, LTD. 6,082 8,810 (2,728) -31.0% 80,884 0.15% 157,337 0.29% (76,453) -48.6% Icelandair ehf 5,147 4,649 498 10.7% 84,874 0.16% 78,201 0.15% 6,673 8.5% Interjet 0 0 0 0.0% 300 0.00% 0 0.00% 300 100.0% JetBlue Airways Corporation 22,265 21,918 347 1.6% 283,527 0.52% 275,547 0.52% 7,980 2.9% Key Lime dba 1,186 0 1,186 100.0% 1,448 0.00% 0 0.00% 1,448 100.0% Lufthansa German Airlines 16,237 12,002 4,235 35.3% 219,880 0.41% 204,780 0.38% 15,100 7.4% , Inc. 0 0 0 0.0% 0 0.00% 405 0.00% (405) -100.0% Miami Air International, Inc.-Int'l. 0 0 0 0.0% 254 0.00% 296 0.00% (42) -14.2% Miscellaneous 0 0 0 0.0% 0 0.00% 89 0.00% (89) -100.0% MN Airlines, LLC dba Sun Country 0 186 (186) -100.0% 1,691 0.00% 2,071 0.00% (380) -18.3% 0 0 0 0.0% 0 0.00% 600 0.00% (600) -100.0% Republic Airline, Inc. 0 148 (148) -100.0% 410 0.00% 4,833 0.01% (4,423) -91.5% , Inc. 100 0 100 100.0% 100 0.00% 116 0.00% (16) -13.8% Spirit Airlines, Inc. 82,876 69,544 13,332 19.2% 1,134,533 2.10% 831,867 1.56% 302,666 36.4% Sun Country (Int'l) 0 0 0 0.0% 59 0.00% 0 0.00% 59 100.0% 0 0 0 0.0% 0 0.00% 544 0.00% (544) -100.0% Xtra Airways-Int'l 0 0 0 0.0% 27 0.00% 0 0.00% 27 100.0% Other Airlines Total 205,771 185,886 19,885 10.7% 2,684,043 4.97% 2,337,317 4.37% 346,726 14.8%

Totals 4,581,239 4,397,292 183,947 4.2% 54,014,502 100.00% 53,472,514 100.00% 541,988 1.0% Deplaned Passengers 2,308,389 2,223,995 84,394 3.8% 26,995,573 26,735,830 259,743 1.0% Enplaned Passengers 2,272,850 2,173,297 99,553 4.6% 27,018,929 26,736,684 282,245 1.1% Total Passengers 4,581,239 4,397,292 183,947 4.2% 54,014,502 53,472,514 541,988 1.0%

(1) Passenger totals represent revenue and non-revenue passengers as reported by the individual airlines.

Page 2 TOTAL PASSENGER BY MONTH 2015 vs. HISTORICAL 5,500

2009, 2012, JUL AUG 5,000 2011, 2015, JUN OCT 2008, 2015, 2014, 2015, MAR MAY DEC SEP 2015, 4,500 NOV 2015, APR 2014, JAN Historical Passenger Record 4,000 2008, January 2014 = 4,056,858 FEB February 2008 = 3,834,362 March 2008 = 4,597,347 *April 2015 = 4,223,515 May 2014 = 4,563,190 Thousands 3,500 June 2011 = 4,863,158

PASSENGERS July 2009 = 5,109,342 August 2012 = 5,083,518 2014 September 2015 = 4,532,945 3,000 October 2015 = 4,827,675 2015 November 2015 = 4,383,945 December 2015 = 4,581,239

2,500 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC *Note: April 2015 set the historical record for the busiest April in DIA history instead of April 2014 data that was reported previously.

Page 3 Airline Market Share - December 2015

Delta, Other, 5% 4% American, 6% United, 42%

Frontier, United 13%

Southwest

Frontier

American

Southwest, 29% Other

Delta

Source: Airlines' December 2015 Landing Fee Reports. Note: Percentage total may not add up to 100% due to rounding.

Page 4 Denver International Airport Cargo Report December 2015

Freight & Freight & Total Percent Air Mail Air Mail Express Express Total Cargo Percent of Total Cargo Increase/ Increase/ In Out In Out (Pounds) Total (Pounds) Decrease Decrease Airline (Pounds) (Pounds) (Pounds) (Pounds) December 2015 Cargo December 2014 2015 vs. 2014 2015 vs. 2014 Cargo Airlines (1) ABX Air, Inc. 0 0 0 0 0 0.0% 157,222 (157,222) -100.0% Air Transport International, L.L.C 0 0 0 0 0 0.0% 2,532,596 (2,532,596) -100.0% , Inc. 36,301 134,936 0 0 171,237 0.3% 80,130 91,107 113.7% Atlas Air/DHL Express 0 0 66,495 167,878 234,373 0.5% 0 234,373 100.0% Bemidji Aviation Services, Inc. 0 0 5,555 46,543 52,098 0.1% 0 52,098 100.0% Federal Express Corporation 0 0 10,812,014 9,833,658 20,645,672 40.8% 19,897,682 747,990 3.8% Inc. 0 0 496,069 335,121 831,190 1.6% 0 831,190 100.0% United Parcel Service Co. 9,929 27,222 11,128,991 6,783,416 17,949,558 35.5% 17,800,021 149,537 0.8%

Total Cargo 46,230 162,158 22,509,124 17,166,616 39,884,128 78.9% 40,467,651 (583,523) -1.4%

Major and National Carriers

Air Canada 0 0 0 0 0 0.0% 22 (22) -100.0% Alaska Airlines, Inc. 0 0 24,295 2,575 26,870 0.1% 33,288 (6,418) -19.3% , Inc. 155,299 34,622 60,828 24,979 275,728 0.5% 38,714 237,014 612.2% British Airways, Plc 0 0 564,997 290,191 855,188 1.7% 910,201 (55,013) -6.0% Delta Air Lines, Inc. 10,079 94,102 110,852 1,293 216,326 0.4% 289,150 (72,824) -25.2% Icelandair ehf 0 0 13,499 596 14,095 0.0% 37,980 (23,885) -62.9% JetBlue Airways Corporation 0 0 0 0 0 0.0% 65,466 (65,466) -100.0% Lufthansa German Airlines 0 0 447,469 370,722 818,191 1.6% 844,604 (26,413) -3.1% Southwest Airlines Co. 0 0 1,711,730 1,273,018 2,984,748 5.9% 3,648,574 (663,826) -18.2% United Air Lines, Inc. 1,827,412 1,617,562 775,617 427,680 4,648,271 9.2% 3,817,293 830,978 21.8% United Int'l 0 3,254 516,225 311,995 831,474 1.6% 717,947 113,527 15.8% US Airways, Inc. 0 0 0 0 0 0.0% 239,322 (239,322) -100.0%

Total Major and National Carriers 1,992,790 1,749,540 4,225,512 2,703,049 10,670,891 21.1% 10,642,561 28,330 0.3%

Regional Carriers (2) 12 0 2,389 533 2,934 0.0% 1,994 940 47.1%

Charter and Miscellaneous (3) 0 0 0 0 0 0.0% 0 0 0.0%

Total Passenger Airlines 1,992,802 1,749,540 4,227,901 2,703,582 10,673,825 21.1% 10,644,555 29,270 0.3%

Grand Total 2,039,032 1,911,698 26,737,025 19,870,198 50,557,953 100.0% 51,112,206 (554,253) -1.1%

(1) Represents cargo-only carriers. (2) Regional carriers consist of Mesa/Envoy-American Eagle, Republic/American Eagle, Compass/Envoy-Amer. Eag. (3) Charter and Miscellaneous consist of Sun Country, . Page 5 Denver International Airport Cargo Report Year to Date Through December 2015

Freight & Freight & Total Percent Air Mail Air Mail Express Express Total Cargo Percent of Total Cargo Increase/ Increase/ In Out In Out (Pounds) Total (Pounds) Decrease Decrease Airline (Pounds) (Pounds) (Pounds) (Pounds) YTD 2015 Cargo YTD 2014 2015 vs. 2014 2015 vs. 2014 Cargo Airlines (1) ABX Air, Inc. 0 0 257,681 188,939 446,620 0.1% 450,914 (4,294) -1.0% Air Transport International, Inc. 0 0 8,647,719 8,010,475 16,658,194 3.1% 0 16,658,194 100.0% Air Transport International, L.L.C 0 0 3,852,950 3,527,253 7,380,203 1.4% 28,313,062 (20,932,859) -73.9% Alpine Air Express, Inc. 647,640 1,642,622 0 0 2,290,262 0.4% 759,705 1,530,557 201.5% Atlas Air/DHL Express 0 0 1,043,409 1,878,953 2,922,362 0.5% 0 2,922,362 100.0% Bemidji Aviation Services, Inc. 0 0 66,272 292,965 359,237 0.1% 0 359,237 100.0% Federal Express Corporation 0 0 117,237,011 105,279,022 222,516,033 40.8% 221,220,894 1,295,139 0.6% , LLC 0 0 0 4,452 4,452 0.0% 0 4,452 100.0% KFS Kalitta Chrt 0 0 0 0 0 0.0% 22,433 (22,433) -100.0% Southern Air Inc. 0 0 834,177 643,661 1,477,838 0.3% 0 1,477,838 100.0% United Parcel Service Co. 946,114 1,748,539 91,631,633 60,455,680 154,781,966 28.4% 153,234,787 1,547,179 1.0%

Total Cargo 1,593,754 3,391,161 223,570,852 180,281,400 408,837,167 74.9% 404,001,795 4,835,372 1.2%

Major and National Carriers

Air Canada 0 0 0 0 0 0.0% 12,514 (12,514) -100.0% Alaska Airlines, Inc. 0 0 645,302 89,979 735,281 0.1% 805,108 (69,827) -8.7% American Airlines, Inc. 315,353 55,787 561,103 215,437 1,147,680 0.2% 564,521 583,159 103.3% British Airways, Plc 0 0 6,620,444 4,870,918 11,491,362 2.1% 12,310,396 (819,034) -6.7% Delta Air Lines, Inc. 1,894,668 909,511 1,159,318 471,215 4,434,712 0.8% 4,112,025 322,687 7.8% Icelandair ehf 0 0 215,810 14,638 230,448 0.0% 329,267 (98,819) -30.0% JetBlue Airways Corporation 0 0 308,726 44,699 353,425 0.1% 483,772 (130,347) -26.9% Lufthansa German Airlines 0 0 5,554,387 4,679,591 10,233,978 1.9% 10,932,884 (698,906) -6.4% Southwest Airlines Co. 0 0 19,924,787 15,925,871 35,850,658 6.6% 35,939,351 (88,693) -0.2% United Air Lines, Inc. 25,795,257 18,937,123 9,884,675 5,694,590 60,311,645 11.1% 39,273,638 21,038,007 53.6% United Int'l 0 41,173 7,287,570 2,460,336 9,789,079 1.8% 7,204,757 2,584,322 35.9% US Airways, Inc. 1,627,052 430,909 150,458 49,283 2,257,702 0.4% 3,438,188 (1,180,486) -34.3%

Total Major and National Carriers 29,632,330 20,374,503 52,312,580 34,516,557 136,835,970 25.1% 115,406,421 21,429,549 18.6%

Regional Carriers (2) 585 3,710 10,785 96,214 111,294 0.0% 26,024 85,270 327.7%

Charter and Miscellaneous (3) 0 0 0 0 0 0.0% 0 0 0.0%

Total Passenger Airlines 29,632,915 20,378,213 52,323,365 34,612,771 136,947,264 25.1% 115,432,445 21,514,819 18.6%

Grand Total 31,226,669 23,769,374 275,894,217 214,894,171 545,784,431 100.0% 519,434,240 26,350,191 5.1%

(1) Represents cargo-only carriers. (2) Regional carriers consist of Mesa/Envoy-American Eagle, Republic/American Eagle, Compass/Envoy-Amer. Eag. (3) Charter and Miscellaneous consist of Sun Country, Kalitta Charters. Page 6