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STEVENS ANCHORAGE INTERNATIONAL AIRPORT Anchorage,

PFC Quarterly Report - Receipts Collected For the Quarter Ended June 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 Aero De 122.58 122.58 Aero Mexico 98.53 98.53 Air 136,476.21 136,476.21 Air 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 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 7,152.82 7,152.82 America Central Corp 23.36 23.36 228,474.04 228,474.04 509,508.22 509,508.22 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 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 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 , 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 , Inc. 118,360.04 118,360.04 0.00 0.00 Great Lakes Aviation, Ltd. 519.46 519.46 Hawaiin Airlines 449,164.47 449,164.47 Airlines of 209.76 209.76 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 Airlines 326.74 326.74 Malev Hungarian Airlines 5.84 5.84

1 of 10 Mavial Airlines 23,360.68 23,360.68 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 26.28 26.28 25.00 25.00 50,481.88 50,481.88 , Inc. 2,531,687.70 2,531,687.70 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 9,376.12 9,376.12 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 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 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 $ (15,787.90) $ 1,749,562.69 $ 1,733,774.79

Total PFC Revenue $ (15,787.90) $ 21,919,174.12 $ 21,903,386.22

2 of 10 TED STEVENS ANCHORAGE INTERNATIONAL AIRPORT Anchorage, Alaska

PFC Quarterly Report - Receipts Collected For the Quarter Ended June 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 8.67 75.14 83.81 Aero Mexico 0.00 236.98 236.98 Aerovias De Mexico 0.00 14.45 14.45 9,601.71 55,911.24 65,512.95 395.93 2,207.96 2,603.89 Air New Zealand 161.84 619.56 781.40 Air Pacific 0.00 60.69 60.69 Alaska Airlines 727,286.76 4,931,660.52 5,658,947.28 Alitalia Airlines 0.00 121.38 121.38 All Nippon Airways Co 0.00 83.70 83.70 Aloha Airlines 5.56 72.25 77.81 America West Airlines 0.00 180,410.15 180,410.15 American Airlines 30,570.27 247,746.41 278,316.68 American Trans Air 52.02 407.05 459.07 Asiana Airlines 591.68 2,661.86 3,253.54 88.82 1,155.30 1,244.12 Aviacion Commercial Del America 0.00 5.78 5.78 Avianca 13.83 60.69 74.52 Big Sky Airlines 0.00 20.23 20.23 British Airways 575.80 4,123.93 4,699.73 Brussels 0.00 2.89 2.89 Cathay Pacific Airways 75.14 499.97 575.11 0.00 274.55 274.55 China Airlines 8,287.35 59,316.40 67,603.75 Condor Flugdienst, GMBH 7,331.93 42,841.36 50,173.29 Continental Airlines 90,526.35 651,639.05 742,165.40 Czech Airlines 23.12 75.14 98.26 Delta Airlines 104,206.77 627,950.97 732,157.74 Elal Israel Airlines 14.45 127.16 141.61 Emirates 8.67 112.71 121.38 Era Aviation Center, Inc. 849.66 3,823.47 4,673.13 Eva Airways Corp 156.06 921.91 1,077.97 Finnair 11.56 52.02 63.58 Frontier Airlines, Inc. 17,163.90 114,675.93 131,839.83 Frontier Flying Service 0.00 3,184.84 3,184.84 Great Lakes Aviation, Ltd. 23.12 150.28 173.40 Great Western Financial 0.00 8.67 8.67 238.77 127,242.33 127,481.10 Iberia Airlines of Spain 0.00 98.26 98.26 Island Air Service 0.00 5.56 5.56 Japan Airlines International Co 742.40 18,780.60 19,523.00 KLM Royal Dutch Airlines 45.91 588.57 634.48 Korean Air Lines 838.10 13,354.53 14,192.63 Lan Chile Airlines 8.67 114.15 122.82 Lan Peru S.A. 14.45 104.03 118.48 Lineas Aereas Costarricenses S.A. 0.00 8.67 8.67 LOT Polish Airlines 2.89 46.24 49.13 Lufthansa German Airlines 1,238.60 10,980.87 12,219.47 2.89 34.68 37.57 Mesa Airlines 0.00 17.34 17.34 Mexicana Airlines 37.57 277.44 315.01 0.00 2,433.38 2,433.38 Midwest Airlines 54.91 138.28 193.19

3 of 10 MN Airlines, LLC 0.00 65,614.56 65,614.56 0.00 265.88 265.88 Northwest Airlines, Inc. 127,864.87 881,765.32 1,009,630.19 Omni Air International 0.00 2,274.43 2,274.43 Peninsula Airways 245.65 3,025.83 3,271.48 Polish Airlines 0.00 46.24 46.24 Qantas Airways Ltd 195.53 2,425.17 2,620.70 Corp. 0.00 3.00 3.00 Scandinavian Airlines 317.79 1,728.80 2,046.59 Singapore Airlines 40.46 228.31 268.77 South African Airways 37.57 193.63 231.20 13,620.57 10,895.30 24,515.87 Swiss Air 48.80 40.46 89.26 Swissport USA Inc. 0.00 5.78 5.78 Taca Internation Airlines 11.56 26.01 37.57 Tap Air Portugal 0.00 28.90 28.90 Transportes Aereos Meridionais Tam Airlines 2.89 80.92 83.81 Turkish Airlines, Inc 0.00 57.80 57.80 United Airlines 53,150.96 506,390.08 559,541.04 US Airways 66,341.89 211,614.15 277,956.04 Varig Airlines 0.00 11.56 11.56 Virgin Atlantic 25.90 60.69 86.59 Total PFC Revenue Received From Air Carriers $ 1,263,160.57 $ 8,794,320.34 $ 10,057,480.91

Interest Earned $ (2,931.80) $ 522,506.84 $ 519,575.04

Total PFC Revenue $ 1,260,228.77 $ 9,316,827.18 $ 10,577,055.95

4 of 10 PFC Quarterly Report - Project Expenditure Activity

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

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 $ 2,000,000.00 $ 15,043,172.88 $ 17,043,172.88 $ 22,000,000.00 $ 22,000,000.00

Total on Application 99-01-C-00-ANC $ 2,000,000.00 $ 15,043,172.88 $ 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 $ 2,488,660.28 $ 7,541,072.00 $ 10,029,732.28 $ 14,000,000.00 $ 14,000,000.00

Total on Application 05-02-C-00-ANC $ 2,488,660.28 $ 7,541,072.00 $ 10,029,732.28 $ 14,000,000.00 $ 14,000,000.00

Total All Applications $ 4,488,660.28 $ 22,584,244.88 $ 27,072,905.16 $ 36,000,000.00 $ 36,000,000.00

7 of 10 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, 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 21,919,174.12 0.00 -15,787.90 21,903,386.22

05-02-C-00-ANC 9,316,827.18 1,263,160.57 -2,931.80 10,577,055.95

TOTAL $ 31,236,001.30 $ 1,263,160.57 $ (18,719.70) $ 32,480,442.17

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 21,919,174.12 15,043,172.88 -15,787.90 2,000,000.00 21,903,386.22 17,043,172.88 4,860,213.34

05-02-C-00-ANC 10/12/2005 7/1/2009 $ 3.00 14,000,000.00 14,000,000.00 9,316,827.18 7,541,072.00 1,260,228.77 2,488,660.28 10,577,055.95 10,029,732.28 547,323.67

TOTAL $ 36,000,000.00 $ 36,000,000.00 $ 31,236,001.30 $ 22,584,244.88 $ 1,244,440.87 $ 4,488,660.28 $ 32,480,442.17 $ 27,072,905.16 $ 5,407,537.01

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