INTERNATIONAL AIRPORT TOTAL OPERATIONS AND TRAFFIC April 2017 April YEAR TO DATE % of % of % Grand % Grand Incr./ Incr./ Total Incr./ Incr./ Total 2017 2016 Decr. Decr. 2017 2017 2016 Decr. Decr. 2017 OPERATIONS (1) Air Carrier 36,984 34,483 2,501 7.3% 79.6% 144,892 139,400 5,492 3.9% 78.6% Air Taxi 9,200 9,345 (145) -1.6% 19.8% 38,139 37,918 221 0.6% 20.7% General Aviation 241 244 (3) -1.2% 0.5% 1,221 1,223 (2) -0.2% 0.7% Military 9 8 1 12.5% 0.0% 25 36 (11) -30.6% 0.0% TOTAL 46,434 44,080 2,354 5.3% 100.0% 184,277 178,577 5,700 3.2% 100.0% PASSENGERS (2) International (3) Inbound 81,676 68,055 13,621 20.0% 320,864 286,715 34,149 11.9% Outbound 74,478 64,922 9,556 14.7% 307,704 281,556 26,148 9.3% TOTAL 156,154 132,977 23,177 17.4% 3.2% 628,568 568,271 60,297 10.6% 3.4%

International/Pre-cleared Inbound 26,945 25,113 1,832 7.3% 110,181 107,579 2,602 2.4% Outbound 27,963 25,657 2,306 9.0% 114,338 112,528 1,810 1.6% TOTAL 54,908 50,770 4,138 8.2% 1.1% 224,519 220,107 4,412 2.0% 1.2% ALL International TOTAL 211,062 183,747 27,315 14.9% 4.4% 853,087 788,378 64,709 8.2% 4.6% (Int'l + Int'l/Pre-cleared)

Majors (4) Inbound 1,948,723 1,721,660 227,063 13.2% 7,440,885 6,819,869 621,016 9.1% Outbound 1,928,353 1,749,592 178,761 10.2% 7,514,224 6,890,290 623,934 9.1% TOTAL 3,877,076 3,471,252 405,824 11.7% 80.6% 14,955,109 13,710,159 1,244,950 9.1% 80.2%

National (5) Inbound 60,273 62,283 (2,010) -3.2% 235,124 223,957 11,167 5.0% Outbound 58,083 61,985 (3,902) -6.3% 236,124 224,116 12,008 5.4% TOTAL 118,356 124,268 (5,912) -4.8% 2.5% 471,248 448,073 23,175 5.2% 2.5%

Regionals (6) Inbound 304,267 299,864 4,403 1.5% 1,180,241 1,237,549 (57,308) -4.6% Outbound 302,009 297,832 4,177 1.4% 1,185,796 1,239,276 (53,480) -4.3% TOTAL 606,276 597,696 8,580 1.4% 12.6% 2,366,037 2,476,825 (110,788) -4.5% 12.7%

Supplementals (7) Inbound 70 314 (244) -77.7% 445 1,170 (725) -62.0% Outbound 70 320 (250) -78.1% 445 1,191 (746) -62.6% TOTAL 140 634 (494) -77.9% 0.0% 890 2,361 (1,471) -62.3% 0.0%

GRAND TOTAL PASSENGERS 4,812,910 4,377,597 435,313 9.9% 100.0% 18,646,371 17,425,796 1,220,575 7.0% 100.0%

CARGO BY TYPE (LBS) (8) Air Mail Inbound 2,462,026 1,312,401 1,149,625 87.6% 9,467,276 6,751,070 2,716,206 40.2% Outbound 2,122,852 986,131 1,136,721 115.3% 7,916,313 5,520,825 2,395,488 43.4% TOTAL 4,584,878 2,298,532 2,286,346 99.5% 9.8% 17,383,589 12,271,895 5,111,694 41.7% 9.5%

Freight & Express Inbound 24,888,720 24,554,782 333,938 1.4% 97,538,844 92,570,324 4,968,520 5.4% Outbound 17,407,909 17,158,518 249,391 1.5% 68,782,523 67,867,745 914,778 1.3% TOTAL 42,296,629 41,713,300 583,329 1.4% 90.2% 166,321,367 160,438,069 5,883,298 3.7% 90.5% CARGO BY CARRIER Cargo 32,751,597 35,164,745 (2,413,148) -6.9% 69.9% 131,038,317 135,882,660 (4,844,343) -3.6% 71.3% Passenger 14,129,910 8,847,087 5,282,823 59.7% 30.1% 52,666,639 36,827,304 15,839,335 43.0% 28.7% TOTAL 46,881,507 44,011,832 2,869,675 6.5% 100.0% 183,704,956 172,709,964 10,994,992 6.4% 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 airlines. (3) Aerovias de Mexico, Air Canada, British Airways, Frontier Int'l., GoJet Int'l., Icelandair ehf, Interjet, Lufthansa, Int'l. (3) /UAX Int'l., SkyWest/UAX Int'l., Concesionaria Vuela/Volaris, United Int'l., Sky Regional Airlines, Republic/UAX Int'l (4) Alaska, American, , Delta, Frontier, MN Airlines, LLC/Sun Country, Southwest, United, US Airways, Inc. (5) Jet Blue, . (6) Aerodynamics, Inc., American Eagle, , /, Compass Air, , ExpressJet/UAX, Go Jet/UAX, Great Lakes, Endeavor/Delta, Mesa/UAX, (6) Republic/UAX, Shuttle America/UAX, SkyWest Airlines/UAX, Skywest Delta Con., Trans States/UAX, Republic/American Eagle, Skywest/American Eagle. (7) Elite Airways, Xtra Airways, Miami Air, Ryan Int'l. Airlines. (8) For Detail see Attached Cargo Report.

Page 1 DENVER INTERNATIONAL AIRPORT TOTAL PASSENGERS BY AIRLINE April 2017

April 2017 vs. 2016 Year To Date % % Increase/ Incr./ Mkt Share Mkt Share Increase/ Incr/ Airline (1) 2017 2016 Decrease Decr. 2017 2017 2016 2016 Decrease Decr.

American Airlines, Inc. 242,144 238,391 3,753 1.6% 954,825 5.12% 931,367 5.34% 23,458 2.5% Compass/Envoy-Amer. Eag. 1,963 20,911 (18,948) -90.6% 58,459 0.31% 80,153 0.46% (21,694) -27.1% Envoy (formerly American Eagle) 0 377 (377) -100.0% 218 0.00% 527 0.00% (309) -58.6% Mesa/Envoy-American Eagle 0 0 0 0.0% 0 0.00% 124 0.00% (124) -100.0% Republic/American Eagle 0 1,597 (1,597) -100.0% 0 0.00% 25,877 0.15% (25,877) -100.0% Skywest/American Eagle 0 0 0 0.0% 53 0.00% 0 0.00% 53 100.0% American Total 244,107 261,276 (17,169) -6.6% 1,013,555 5.44% 1,038,048 5.96% (24,493) -2.4%

Compass Airlines/Delta Connection 11,116 11,034 82 0.7% 71,293 0.38% 41,128 0.24% 30,165 73.3% , Inc. 210,349 206,600 3,749 1.8% 795,777 4.27% 754,912 4.33% 40,865 5.4% /Delta Connection 74 3,259 (3,185) -97.7% 3,666 0.02% 8,340 0.05% (4,674) -56.0% GoJet dba Delta Connection 0 0 0 0.0% 3,834 0.02% 0 0.00% 3,834 100.0% SkyWest/Delta Connection 35,493 16,599 18,894 113.8% 98,049 0.53% 77,823 0.45% 20,226 26.0% Delta Total 257,032 237,492 19,540 8.2% 972,619 5.22% 882,203 5.06% 90,416 10.2%

Frontier Airlines, Inc. 522,020 504,492 17,528 3.5% 1,984,304 10.64% 2,022,324 11.61% (38,020) -1.9% Frontier Int'l 17,113 17,096 17 0.1% 78,095 0.42% 90,975 0.52% (12,880) -14.2% Frontier Total 539,133 521,588 17,545 3.4% 2,062,399 11.06% 2,113,299 12.13% (50,900) -2.4%

Southwest Airlines Co. 1,424,975 1,296,574 128,401 9.9% 5,358,529 28.74% 5,026,714 28.85% 331,815 6.6% Southwest Airlines Co. Int'l. 26,408 23,932 2,476 10.3% 102,331 0.55% 95,830 0.55% 6,501 6.8% Southwest Total 1,451,383 1,320,506 130,877 9.9% 5,460,860 29.29% 5,122,544 29.40% 338,316 6.6%

ExpressJet/ 0 0 0 0.0% 30 0.00% 24 0.00% 6 25.0% GoJet Airlines, LLC 97,111 73,486 23,625 32.1% 353,179 1.89% 286,961 1.65% 66,218 23.1% GoJet Int'l. 6,385 6,138 247 4.0% 23,160 0.12% 18,316 0.11% 4,844 26.4% Republic/United Express 40,025 0 40,025 100.0% 152,860 0.82% 97,753 0.56% 55,107 56.4% Republic/United Express (Int'l) 906 0 906 100.0% 4,792 0.03% 0 0.00% 4,792 100.0% Shuttle America Corporation 0 23,973 (23,973) -100.0% 247 0.00% 93,570 0.54% (93,323) -99.7% Shuttle America/UAX Int'l. 0 735 (735) -100.0% 0 0.00% 13,511 0.08% (13,511) -100.0% SkyWest Airlines, Inc. 308,755 378,062 (69,307) -18.3% 1,144,590 6.14% 1,483,456 8.51% (338,866) -22.8% SkyWest Airlines/UAX Int'l. 18,087 12,102 5,985 49.5% 62,180 0.33% 57,575 0.33% 4,605 8.0% /UAX 95,125 60,387 34,738 57.5% 412,338 2.21% 251,519 1.44% 160,819 63.9% United Air Lines, Inc. 1,409,801 1,172,638 237,163 20.2% 5,612,139 30.10% 4,816,081 27.64% 796,058 16.5% United Int'l 47,908 45,533 2,375 5.2% 210,791 1.13% 191,132 1.10% 19,659 10.3% United Int'l Pre-clear 16,320 23,133 (6,813) -29.5% 83,040 0.45% 97,341 0.56% (14,301) -14.7% United Total 2,040,423 1,796,187 244,236 13.6% 8,059,346 43.22% 7,407,239 42.51% 652,107 8.8%

Aerodynamics, Inc. 3,051 0 3,051 100.0% 12,364 0.07% 0 0.00% 12,364 100.0% Aerovias de Mexico S.A. de C.V. 2,803 272 2,531 930.5% 15,378 0.08% 13,383 0.08% 1,995 14.9% Air Canada 9,480 8,662 818 9.4% 44,019 0.24% 33,364 0.19% 10,655 31.9% , Inc. 43,360 35,797 7,563 21.1% 155,279 0.83% 131,832 0.76% 23,447 17.8% Allegiant Air, Inc. 0 282 (282) -100.0% 0 0.00% 429 0.00% (429) -100.0% Allegiant Air, LLC 0 0 0 0.0% 1,932 0.01% 0 0.00% 1,932 100.0% Boutique Air, Inc. 4,426 1,425 3,001 210.6% 16,099 0.09% 4,177 0.02% 11,922 285.4% British Airways, Plc 15,650 14,729 921 6.3% 59,495 0.32% 54,840 0.31% 4,655 8.5% Concesionaria Vuela dba Volaris 7,615 6,012 1,603 26.7% 33,654 0.18% 28,614 0.16% 5,040 17.6% Elite Airways 140 0 140 100.0% 416 0.00% 166 0.00% 250 150.6% Great Lakes Aviation, LTD. 3,873 5,012 (1,139) -22.7% 17,884 0.10% 19,921 0.11% (2,037) -10.2% Icelandair ehf 7,655 6,324 1,331 21.0% 26,518 0.14% 24,327 0.14% 2,191 9.0% Interjet 0 0 0 0.0% 0 0.00% 293 0.00% (293) -100.0% JetBlue Airways Corporation 25,782 22,087 3,695 16.7% 97,218 0.52% 91,952 0.53% 5,266 5.7% Key Lime dba Denver Air Connection 2,477 1,574 903 57.4% 8,826 0.05% 5,472 0.03% 3,354 61.3% Lufthansa German Airlines 31,002 18,922 12,080 63.8% 101,990 0.55% 68,422 0.39% 33,568 49.1% , Inc. 0 0 0 0.0% 0 0.00% 269 0.00% (269) -100.0% Miami Air International, Inc.-Int'l. 0 0 0 0.0% 316 0.00% 0 0.00% 316 100.0% Miscellaneous - International 0 157 (157) -100.0% 0 0.00% 157 0.00% (157) -100.0% MN Airlines, LLC dba Sun Country 5,559 352 5,207 1479.3% 21,528 0.12% 673 0.00% 20,855 3098.8% Peninsula Airways Inc. 2,787 0 2,787 100.0% 12,048 0.06% 0 0.00% 12,048 100.0% Sky Regional Airlines/Air Canada Express 3,730 0 3,730 100.0% 7,328 0.04% 0 0.00% 7,328 100.0% Spirit Airlines, Inc. 92,574 102,181 (9,607) -9.4% 374,030 2.01% 356,121 2.04% 17,909 5.0% Taca Airlines 0 0 0 0.0% 0 0.00% 298 0.00% (298) -100.0% Virgin America Inc 18,868 16,760 2,108 12.6% 70,796 0.38% 26,929 0.15% 43,867 162.9% Xtra Airways 0 0 0 0.0% 474 0.00% 824 0.00% (350) -42.5% Other Airlines Total 280,832 240,548 40,284 16.7% 1,077,592 5.78% 862,463 4.95% 215,129 24.9%

Totals 4,812,910 4,377,597 435,313 9.9% 18,646,371 100.00% 17,425,796 100.00% 1,220,575 7.0% Deplaned Passengers 2,421,954 2,177,289 244,665 11.2% 9,287,740 8,676,839 610,901 7.0% Enplaned Passengers 2,390,956 2,200,308 190,648 8.7% 9,358,631 8,748,957 609,674 7.0% Total Passengers 4,812,910 4,377,597 435,313 9.9% 18,646,371 17,425,796 1,220,575 7.0%

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

Page 2 TOTAL PASSENGER BY MONTH 2017 vs. HISTORICAL 5,500 5,474 5,193 5,395

5,208 5,226 5,000 5,112 4,812 4,901 4,825 4,695 4,500 4,434 4,689 4,204 4,377 4,289 Historical Passenger Record January 2017 = 4,434,862 4,000 4,069 February 2017 = 4,204,744 March 2017 = 5,193,855 April 2017 = 4,812,910 May 2016 = 4,901,890 Thousands 3,500 June 2016 = 5,208,947 PASSENGERS July 2016 = 5,474,503 August 2016 = 5,395,910 2016 September 2016 = 5,112,271 October 2016 = 5,226,077 3,000 2017 November 2016 = 4,695,897 December 2016 = 4,825,224

2,500 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

Page 3 Airline Market Share - April 2017

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

Frontier, United, Southwest 11% 42% Frontier

American

Southwest, Other 30%

Delta

Source: Airlines' April 2017 Landing Fee Reports. Note: Percentage total may not add up to 100% due to rounding.

Page 4 Denver International Airport Cargo Report April 2017

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) April 2017 Cargo April 2016 2017 vs. 2016 2017 vs. 2016 Cargo Airlines (1) , Inc. 42,546 139,630 0 0 182,176 0.4% 171,662 10,514 6.1% /DHL Express 0 0 123,524 222,521 346,045 0.7% 365,344 (19,299) -5.3% Bemidji Aviation Services, Inc. 0 0 9,177 43,222 52,399 0.1% 42,486 9,913 23.3% Federal Express Corporation 0 0 11,682,583 8,192,699 19,875,282 42.4% 21,897,960 (2,022,678) -9.2% , LLC 0 0 39,588 38,648 78,236 0.2% 0 78,236 100.0% KFS Kalitta Chrt 0 0 0 0 0 0.0% 391 (391) -100.0% Inc. 0 0 340,940 334,377 675,317 1.4% 722,541 (47,224) -6.5% United Parcel Service Co. 48,452 67,243 6,879,771 4,546,676 11,542,142 24.6% 11,964,361 (422,219) -3.5%

Total Cargo 90,998 206,873 19,075,583 13,378,143 32,751,597 69.9% 35,164,745 (2,413,148) -6.9%

Major and National Carriers

Alaska Airlines, Inc. 0 9,512 42,713 10,580 62,805 0.1% 44,541 18,264 41.0% , Inc. 173,716 66,227 61,543 27,621 329,107 0.7% 143,884 185,223 128.7% British Airways, Plc 0 0 490,730 552,605 1,043,335 2.2% 884,864 158,471 17.9% Delta Air Lines, Inc. 104,879 31,687 98,041 72,178 306,785 0.7% 172,583 134,202 77.8% Icelandair ehf 0 0 10,298 441 10,739 0.0% 15,870 (5,131) -32.3% Lufthansa German Airlines 0 0 892,804 612,795 1,505,599 3.2% 914,305 591,294 64.7% MN Airlines, LLC dba Sun Country 10,113 10,563 2,160 271 23,107 0.0% 0 23,107 100.0% Southwest Airlines Co. 0 0 1,550,387 1,147,668 2,698,055 5.8% 2,600,776 97,279 3.7% United Air Lines, Inc. 2,080,700 1,797,990 1,976,764 1,281,917 7,137,371 15.2% 3,249,029 3,888,342 119.7% United Int'l 0 0 686,077 323,636 1,009,713 2.2% 820,483 189,230 23.1%

Total Major and National Carriers 2,369,408 1,915,979 5,811,517 4,029,712 14,126,616 30.1% 8,846,335 5,280,281 59.7%

Regional Carriers (2) 1,620 0 1,620 54 3,294 0.0% 752 2,542 338.0%

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

Total Passenger Airlines 2,371,028 1,915,979 5,813,137 4,029,766 14,129,910 30.1% 8,847,087 5,282,823 59.7%

Grand Total 2,462,026 2,122,852 24,888,720 17,407,909 46,881,507 100.0% 44,011,832 2,869,675 6.5%

(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 .

Page 5 Denver International Airport Cargo Report Year to Date Through April 2017

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 2017 Cargo YTD 2016 2017 vs. 2016 2017 vs. 2016 Cargo Airlines (1) ABX Air, Inc. 0 0 0 0 0 0.0% 52,214 (52,214) -100.0% Alpine Air Express, Inc. 184,845 553,813 0 0 738,658 0.4% 651,137 87,521 13.4% Atlas Air/DHL Express 0 0 392,023 807,959 1,199,982 0.7% 1,321,286 (121,304) -9.2% Bemidji Aviation Services, Inc. 0 0 30,279 167,393 197,672 0.1% 166,423 31,249 18.8% Federal Express Corporation 0 0 46,361,843 33,235,430 79,597,273 43.3% 82,226,060 (2,628,787) -3.2% Kalitta Air, LLC 0 0 39,588 38,648 78,236 0.0% 0 78,236 100.0% KFS Kalitta Chrt 0 0 33,868 11,352 45,220 0.0% 391 44,829 11465.2% Southern Air Inc. 0 0 1,417,664 1,361,060 2,778,724 1.5% 2,836,505 -57,781 -2.0% United Parcel Service Co. 155,406 205,915 27,528,648 18,512,583 46,402,552 25.3% 48,628,644 (2,226,092) -4.6%

Total Cargo 340,251 759,728 75,803,913 54,134,425 131,038,317 71.3% 135,882,660 (4,844,343) -3.6%

Major and National Carriers

Alaska Airlines, Inc. 0 32,570 145,144 40,846 218,560 0.1% 136,297 82,263 60.4% American Airlines, Inc. 811,972 216,874 230,913 75,602 1,335,361 0.7% 901,294 434,067 48.2% British Airways, Plc 0 0 2,212,782 1,978,419 4,191,201 2.3% 3,488,464 702,737 20.1% Delta Air Lines, Inc. 617,232 212,004 346,878 215,131 1,391,245 0.8% 897,735 493,510 55.0% Icelandair ehf 0 0 36,867 2,217 39,084 0.0% 88,188 (49,104) -55.7% Lufthansa German Airlines 0 0 3,371,234 2,283,077 5,654,311 3.1% 3,228,446 2,425,865 75.1% MN Airlines, LLC dba Sun Country 29,168 21,087 3,010 271 53,536 0.0% 0 53,536 100.0% Southwest Airlines Co. 0 0 6,399,145 4,724,098 11,123,243 6.1% 10,339,912 783,331 7.6% United Air Lines, Inc. 7,661,270 6,674,046 6,565,314 4,249,658 25,150,288 13.7% 14,642,381 10,507,907 71.8% United Int'l 0 0 2,416,354 1,077,819 3,494,173 1.9% 3,094,912 399,261 12.9%

Total Major and National Carriers 9,119,642 7,156,581 21,727,641 14,647,138 52,651,002 28.7% 36,817,629 15,833,373 43.0%

Regional Carriers (2) 7,383 4 7,290 960 15,637 0.0% 9,675 5,962 61.6%

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

Total Passenger Airlines 9,127,025 7,156,585 21,734,931 14,648,098 52,666,639 28.7% 36,827,304 15,839,335 43.0%

Grand Total 9,467,276 7,916,313 97,538,844 68,782,523 183,704,956 100.0% 172,709,964 10,994,992 6.4%

(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 Kalitta Charters. Page 6