SAN FRANCISCO INTERNATIONAL AIRPORT

SAN FRANCISCO INTERNATIONAL AIRPORT COMPARATIVE TRAFFIC REPORT December 2004 Fiscal Year-To-Date Dec 2004 Dec 2003 % Change 2004 2003 % Change Flight Operations - Total * Air Carrier Air Taxi Civil Military 28,280 28,327-0.2% 20,013 6,891 1,197 20,034 6,984 1,108-0.1% -1.3% 8.0% 179 201-10.9% 177,206 170,789 3.8% 123,390 43,554 8,915 118,151 42,822 8,478 4.4% 1.7% 5.2% 1,347 1,338 Revenue Landed Weight (000 lbs.) 2,249,031 2,242,686 0.3% 13,963,973 13,434,851 3.9% Total Airport Passengers ** 2,651,987 2,571,294 3.1% 17,183,331 15,788,545 8.8% Total Enplaned & Deplaned 2,607,037 2,523,418 3.3% 16,908,907 15,528,185 8.9% Total Enplaned 1,321,172 1,275,444 3.6% 8,408,240 7,781,168 8.1% Total Deplaned 1,285,865 1,247,974 3.0% 8,500,667 7,747,017 9.7% Domestic 1,986,615 1,915,318 3.7% 12,979,976 11,828,039 9.7% Enplanements 997,747 961,487 3.8% 6,439,849 5,914,490 8.9% Deplanements 988,868 953,831 3.7% 6,540,127 5,913,549 10.6% International 620,422 608,100 2.0% 3,928,931 3,700,146 6.2% Enplanements 323,425 313,957 3.0% 1,968,391 1,866,678 5.4% Deplanements 296,997 294,143 1.0% 1,960,540 1,833,468 6.9% Total U.S. Mail (metric tons) 9,468 9,184 3.1% 38,598 44,686-13.6% Domestic 6,463 6,190 4.4% 26,570 30,456-12.8% Loaded 4,213 4,215 17,881 20,798-14.0% Unloaded 2,250 1,975 13.9% 8,689 9,658-1 International Loaded Unloaded 3,005 2,994 12,029 14,230-15.5% 1,996 1,633 22.3% 7,681 7,850-2.2% 1,008 1,361-25.9% 4,348 6,379-31.8% Total Cargo *** (metric tons) Domestic Loaded Unloaded International Loaded Unloaded 40,528 37,269 8.7% 252,989 236,185 7.1% 18,849 14,953 26.1% 108,942 94,769 15.0% 9,327 7,768 20.1% 60,889 50,554 2 9,522 7,186 32.5% 48,053 44,215 8.7% 21,679 22,316-2.9% 144,047 141,415 1.9% 8,395 10,138-17.2% 61,407 63,241-2.9% 13,284 12,178 9.1% 82,640 78,175 5.7% Total Cargo and U.S. Mail (metric tons) 49,996 46,453 7.6% 291,588 280,870 3.8% Cars Exited (Garage and Lot) 278,858 283,088-1.5% 1,642,072 1,622,315 1.2% Total Airport passengers for 12 months ending December 2004: 32,739,544 (represents an increase of 11.6% compared to the 12 months ending December 2003). * SFO ATCT Traffic Control Count. ** Total airport passengers include total enplaned and deplaned passengers and passengers who fly into and out of SFO on the same aircraft. *** Excludes mail. Prepared by Financial Planning & Analysis Unit Friday, May 20, 2005

AIR SERVICE AT SAN FRANCISCO INTERNATIONAL AIRPORT DOMESTIC PASSENGER AIR CARRIERS: CARGO-ONLY AIRLINES: AirTran Airways Alaska Airlines* American West Airlines American Airlines American Trans Air* Continental Airlines Delta Air Lines Frontier Airlines Hawaiian Airlines Midwest Express Sun Country (MN Airlines) Northwest Airlines* US Airways United Airlines* ABX Air Inc. Ameriflight, Inc. Astar Air Cargo CargoLux Airlines Federal Express Gemini Air Cargo Kalitta Air Kitty Hawk Aircargo Nippon Cargo Airlines Southern Air Cargo TradeWinds Airlines FOREIGN FLAG CARRIERS: Air Canada Air China (CAAC) Air France Air New Zealand All Nippon Airways Asiana Airlines British Airways Cathay Pacific China Airlines EVA Airways Corporation Japan Airlines KLM Royal Dutch Airlines Korean Air Lufthansa German Airlines Mexicana Airlines Philippine Airlines Singapore Airlines TACA International Airlines Virgin Atlantic Westjet Airways World Airways COMMUTER AIRLINES: American Eagle Airlines, Inc. Comair, Inc. Horizon Air Skywest Airlines (United Express)** Skywest Airlines (Delta Connection)*** SEASONAL/CHARTER AIRLINES: Air Icelandic Airlines BelAir Airlines Miami Air * Airlines providing Domestic and International service. Major domestic ** United Express operated by Skywest Airlines. Foreign flag 21 *** Delta Express operated by Skywest Airlines. Commuter 5 Seasonal 3 Total Passenger Airlines 11 Total Cargo Airlines 40 Total Airlines: 54

SAN FRANCISCO INTERNATIONAL AIRPORT INTERNATIONAL SUMMARY SHEET December 2004 Fiscal Year-To-Date Dec 2004 Dec 2003 % Change 2004 2003 % Change International Flight Operations Domestic Carriers Foreign Flag Carriers 3,846 3,840 0.2% 1,730 1,632 6.0% 2,116 2,208-4.2% 23,186 22,660 2.3% 9,796 9,594 2.1% 13,390 13,066 2.5% Total Airport International Passengers ** 636,034 625,412 1.7% 4,036,789 3,796,966 6.3% Total International Enplaned and Deplaned 620,422 608,100 2.0% 3,928,931 3,700,146 6.2% Europe - Total Passengers 149,358 152,081-1.8% 1,100,527 1,092,743 Enplanements 74,156 74,775-0.8% 545,284 537,533 1.4% Deplanements 75,202 77,306-2.7% 555,243 555,210 Far East - Total Passengers 303,161 309,196-2.0% 1,839,114 1,730,238 6.3% Enplanements 158,617 162,694-2.5% 911,567 878,411 3.8% Deplanements 144,544 146,502-1.3% 927,547 851,827 2.1% Australia/Oceania - Total Passengers 25,457 18,282 39.2% Enplanements 12,611 8,580 47.0% Deplanements 12,846 9,702 32.4% Mexico/Caribbean/C.Amer. - Total Passengers 66,793 50,563 32.1% Enplanements 39,002 29,244 33.4% Deplanements 27,791 21,319 3 Canada - Total Passengers 75,653 77,978-3.0% Enplanements 39,039 38,664 1.0% Deplanements 36,614 39,314-6.9% 146,728 95,285 54.0% 73,596 47,171 56.0% 73,132 48,114 52.0% 302,793 258,107 17.3% 167,540 140,784 19.0% 135,253 117,323 15.3% 539,769 523,773 3.1% 270,404 262,779 2.9% 269,365 260,994 3.2% Total International Cargo and Mail (metric tons) 24,684 25,309-2.5% 156,076 152,699 2.2% Europe - Total Cargo & Mail 5,392 5,162 4.5% 32,407 33,824-4.2% Enplanements 2,888 2,400 20.3% 17,104 16,529 3.5% Deplanements 2,504 2,762-9.3% 15,303 17,295-11.5% Far East - Total Cargo and Mail 17,968 19,554-8.1% Enplanements 6,764 9,146-26.0% Deplanements 11,204 10,408 7.6% Australia/Oceania - Total Cargo and Mail 620 261 137.4% Enplanements 214 74 188.1% Deplanements 405 187 117.2% Mexico/Caribbean/C.Amer. - Total Cargo and Mail 104 70 47.6% Enplanements 18 11 69.5% Deplanements 86 60 43.6% Canada - Total Cargo and Mail 600 262 129.5% Enplanements 507 140 262.8% Deplanements 93 122-23.4% 117,990 114,746 2.8% 49,347 51,407-4.0% 68,644 63,339 8.4% 3,555 2,132 66.8% 1,421 731 94.6% 2,133 1,401 52.2% 519 493 5.3% 152 139 9.7% 366 354 3.5% 1,606 1,505 6.7% 1,064 757 4 542 748-27.5% ** Total airport international passengers include total enplaned and deplaned passengers and passengers who fly into and out of SFO on the same aircraft. Prepared by Financial Planning & Analysis Unit Friday, May 20, 2005

SAN FRANCISCO INTERNTIONAL AIRPORT INTERNATIONAL SERVICES MAJOR PASSENGER CARRIERS EUROPE ASIA Air France Air Icelandic BelAir British Airways KLM Royal-Dutch Airlines Lufthansa United Airlines Virgin Atlantic Airways Air China All Nippon Airways Asiana Airlines Cathay Pacific Airways China Airlines EVA Airways Japan Airlines Korean Air Northwest Airlines Philippine Airlines Singapore Airlines United Airlines CANADA AUSTRALIA/OCEANIA Air New Zealand United Airlines SAN FRANCISCO INT'L AIRPORT MEXICO, CARIBBEAN, C. AMERICA Alaska Airlines Mexicana Airlines American Trans Taca Int l United Airlines Air Canada Alaska Airlines United Airlines WestJet Airlines SOUTH AMERICA

DOMESTIC: LOW COST CARRIERS SAN FRANCISCO INTERNATIONAL AIRPORT ANALYSIS OF SCHEDULED AIRLINE TRAFFIC ENPLANED PASSENGERS December 2004 Dec 2004 Dec 2003 Difference Fiscal Year-to-Date Comparison % Change FY04/05 FY03/04 Difference % Change Mkt. Share AirTran Airways, Inc. 6,494 3,625 2,869 79.1% 38,574 5,474 33,100 604.7% America West Airlines 40,090 38,360 1,730 4.5% 276,212 243,158 33,054 13.6% 3.3% American Trans Air 33,508 41,253-7,745-18.8% 234,145 236,389-2,244-0.9% 2.8% Frontier Airlines 11,587 11,848-261 -2.2% 72,215 72,679-464 -0.6% 0.9% Horizon Air 4,814 4,580 234 5.1% 26,340 28,460-2,120-7.4% 0.3% United 'TED' Domestic 'BF' 50,151 0 50,151 283,536 0 283,536 3.4% Subtotal: 146,644 99,666 46,978 47.1% 931,022 586,160 344,862 58.8% 11.1% DOMESTIC: OTHER CARRIERS Alaska-Domestic *** 36,738 33,329 3,409 10.2% 216,336 200,264 16,072 8.0% 2.6% American Airlines 119,603 102,019 17,584 17.2% 758,866 663,131 95,735 14.4% 9.0% American Eagle Airlines, Inc. 5,016 3,823 1,193 31.2% 29,284 21,818 7,466 34.2% 0.3% Comair, Inc. 1,015 0 1,015 7,382 0 7,382 0.1% Continental Airlines 49,232 52,817-3,585-6.8% 296,769 299,848-3,079-1.0% 3.5% DB AIR Limited 0 0 0 0 33-33 -10 Delta Airlines 73,459 66,588 6,871 10.3% 472,265 403,895 68,370 16.9% 5.6% Hawaiian Airlines Inc. 7,295 7,149 146 2.0% 44,532 43,199 1,333 3.1% Mesa Airlines 0 0 0 6,556 0 6,556 0.1% Miami Air 0 0 0 812 0 812 Midwest Express Airlines 0 2,486-2,486-10 19,556 22,641-3,085-13.6% 0.2% MN Airlines,LLC dba SunCountry 2,764 0 2,764 18,476 0 18,476 0.2% Northwest-Domestic *** 44,306 37,876 6,430 17.0% 270,874 263,424 7,450 2.8% 3.2% OMNI 0 0 0 0 162-162 -10 Skywest/Delta Connection * 2,339 2,404-65 -2.7% 14,699 15,380-681 -4.4% 0.2% Skywest/United Express * 85,695 81,159 4,536 5.6% 513,866 487,511 26,355 5.4% 6.1% Sun Country Airlines 0 0 0 0 5,908-5,908-10 United Domestic 'BE' 23,880 24,210-330 -1.4% 155,765 146,925 8,840 6.0% 1.9% United Domestic 'BF' 361,627 417,460-55,833-13.4% 2,402,390 2,533,498-131,108-5.2% 28.6% United Domestic @IC/IG 3,914 0 3,914 20,381 0 20,381 0.2% US Airways, Inc. (USAir) 34,220 30,501 3,719 12.2% 260,018 220,693 39,325 17.8% 3.1% Subtotal: 851,103 861,821-10,718-1.2% 5,508,827 5,328,330 180,497 3.4% 65.5% DOMESTIC TOTAL: 997,747 961,487 36,260 3.8% 6,439,849 5,914,490 525,359 8.9% 76.6% INTERNATIONAL TRAFFIC: Aeroflot Russian Int'l. Airlines 0 1,052-1,052-10 0 6,388-6,388-10 Air Canada 18,284 19,804-1,520-7.7% 146,337 127,340 18,997 14.9% 1.7% Air China (CAAC) 3,557 5,441-1,884-34.6% 32,643 27,169 5,474 20.1% Air France 6,793 6,752 41 0.6% 55,065 51,900 3,165 6.1% Air New Zealand 4,034 0 4,034 25,380 0 25,380 0.3% Alaska Airlines *** 6,697 6,700-3 36,899 50,686-13,787-27.2% Alaska Int'l. Mexico 11,956 11,495 461 4.0% 57,515 52,794 4,721 8.9% All Nippon Airways Co. LTD 5,818 6,371-553 -8.7% 36,613 36,556 57 0.2% American Trans Air - IT 571 723-152 -21.0% 4,371 4,146 225 5.4% 0.1% Asiana Airlines, Inc. 4,285 4,237 48 1.1% 27,200 25,751 1,449 5.6% 0.3% BelAir Airlines LLC 0 0 0 1,528 0 1,528 British Airways 14,314 15,867-1,553-9.8% 109,140 105,537 3,603 3.4% 1.3% Cathay Pacific Airways 10,389 10,800-411 -3.8% 59,871 62,645-2,774-4.4% China Airlines 10,127 11,650-1,523-13.1% 58,026 61,746-3,720-6.0% EVA Airways Corporation 11,079 11,074 5 60,948 62,001-1,053-1.7% Icelandair 0 0 0 0 246-246 -10 Japan Airlines(JAL) 8,424 9,377-953 -10.2% 50,384 53,339-2,955-5.5% 0.6% KLM Royal Dutch Airlines 6,129 5,065 1,064 21.0% 43,778 41,253 2,525 6.1% Korean Air 6,071 6,262-191 -3.1% 34,499 31,385 3,114 9.9% Lufthansa German-PAX 12,625 12,808-183 -1.4% 106,446 99,135 7,311 7.4% 1.3% Mexicana Airlines 10,367 7,074 3,293 46.6% 46,120 33,403 12,717 38.1% Northwest Airlines *** 6,602 7,401-799 -10.8% 40,048 42,628-2,580-6.1% Philippine Airlines(PAL) 12,238 12,993-755 -5.8% 57,030 50,886 6,144 12.1% Singapore Airlines 17,115 16,631 484 2.9% 94,638 90,642 3,996 4.4% 1.1% Taca Intl Airlines 7,594 5,951 1,643 27.6% 32,989 28,414 4,575 16.1% United Airlines *** 105,483 109,619-4,136-3.8% 604,488 659,580-55,092-8.4% 7.2% United International 'BE' 13,039 0 13,039 84,512 0 84,512 1.0% Virgin Atlantic Airways 8,815 8,810 5 0.1% 59,267 61,108-1,841-3.0% WestJet Airlines 1,019 0 1,019 2,656 0 2,656 Subtotal: 323,425 313,957 9,468 3.0% 1,968,391 1,866,678 101,713 5.4% 23.4% INTERNATIONAL TOTAL: 323,425 313,957 9,468 3.0% 1,968,391 1,866,678 101,713 5.4% 23.4% GRAND TOTAL: 1,321,172 1,275,444 45,728 3.6% 8,408,240 7,781,168 627,072 8.1% 10 *Commuter Airlines **Seasonal/Charter Airlines *** Provides international and domestic air passenger service at the Airport.

DOMESTIC: LOW COST CARRIERS SAN FRANCISCO INTERNATIONAL AIRPORT ANALYSIS OF SCHEDULED AIRLINE TRAFFIC DEPLANED PASSENGERS December 2004 Dec 2004 Dec 2003 Difference Fiscal Year-to-Date Comparison % Change FY04/05 FY03/04 Difference % Change Mkt. Share AirTran Airways, Inc. 6,528 3,804 2,724 71.6% 38,162 5,817 32,345 556.0% America West Airlines 35,606 34,705 901 2.6% 273,331 237,050 36,281 15.3% 3.2% American Trans Air 31,210 42,855-11,645-27.2% 229,880 239,513-9,633-4.0% 2.7% Frontier Airlines 11,644 12,079-435 -3.6% 74,126 75,184-1,058-1.4% 0.9% Horizon Air 4,154 4,387-233 -5.3% 25,782 30,679-4,897-16.0% 0.3% United 'TED' Domestic 'BF' 45,409 0 45,409 282,232 0 282,232 3.3% Subtotal: 134,551 97,830 36,721 37.5% 923,513 588,243 335,270 57.0% 10.9% DOMESTIC: OTHER CARRIERS Alaska-Domestic *** 28,774 26,900 1,874 7.0% 191,564 173,097 18,467 1 2.3% American Airlines 116,683 100,343 16,340 16.3% 761,212 666,533 94,679 14.2% 9.0% American Eagle Airlines, Inc. 4,685 3,715 970 26.1% 30,349 22,466 7,883 35.1% Comair, Inc. 1,173 0 1,173 8,440 0 8,440 0.1% Continental Airlines 47,199 52,267-5,068-9.7% 297,294 297,390-96 3.5% DB AIR Limited 0 0 0 0 66-66 -10 Delta Airlines 70,452 65,665 4,787 7.3% 470,227 408,625 61,602 15.1% 5.5% Hawaiian Airlines Inc. 6,939 6,977-38 - 43,763 43,230 533 1.2% Mesa Airlines 0 0 0 5,471 0 5,471 0.1% Miami Air 0 0 0 804 0 804 Midwest Express Airlines 0 2,396-2,396-10 19,430 22,713-3,283-14.5% 0.2% MN Airlines,LLC dba SunCountry 2,698 0 2,698 18,277 0 18,277 0.2% Northwest-Domestic *** 42,654 38,319 4,335 11.3% 272,985 249,163 23,822 9.6% 3.2% OMNI 0 0 0 0 219-219 -10 Skywest/Delta Connection * 2,434 1,666 768 46.1% 15,722 11,010 4,712 42.8% 0.2% Skywest/United Express * 83,586 79,317 4,269 5.4% 505,506 483,241 22,265 4.6% 5.9% Sun Country Airlines 0 341-341 -10 0 6,190-6,190-10 United Domestic 'BE' 25,210 25,752-542 -2.1% 165,758 157,169 8,589 5.5% 1.9% United Domestic 'BF' 366,555 420,813-54,258-12.9% 2,426,422 2,568,300-141,878-5.5% 28.5% United Domestic @IC/IG 21,708 0 21,708 131,868 0 131,868 1.6% US Airways, Inc. (USAir) 33,567 31,530 2,037 6.5% 251,522 215,894 35,628 16.5% 3.0% Subtotal: 854,317 856,001-1,684-0.2% 5,616,614 5,325,306 291,308 5.5% 66.1% DOMESTIC TOTAL: 988,868 953,831 35,037 3.7% 6,540,127 5,913,549 626,578 10.6% 76.9% INTERNATIONAL TRAFFIC: Aeroflot Russian Int'l. Airlines 0 1,011-1,011-10 0 7,954-7,954-10 Air Canada 17,739 21,775-4,036-18.5% 145,386 127,843 17,543 13.7% 1.7% Air China (CAAC) 3,582 4,370-788 -18.0% 33,973 26,318 7,655 29.1% Air France 6,590 6,666-76 -1.1% 53,621 53,817-196 - 0.6% Air New Zealand 4,800 0 4,800 24,739 0 24,739 0.3% Alaska Airlines *** 5,576 5,406 170 3.1% 33,820 46,671-12,851-27.5% Alaska Int'l. Mexico 10,178 8,340 1,838 22.0% 44,663 38,246 6,417 16.8% All Nippon Airways Co. LTD 5,379 5,601-222 -4.0% 37,130 35,445 1,685 4.8% American Trans Air - IT 456 674-218 -32.3% 4,438 4,009 429 1 0.1% Asiana Airlines, Inc. 3,449 3,662-213 -5.8% 27,189 25,575 1,614 6.3% 0.3% BelAir Airlines LLC 0 0 0 1,192 0 1,192 British Airways 14,789 16,425-1,636-1 109,518 109,468 50 1.3% Cathay Pacific Airways 9,958 9,622 336 3.5% 63,309 56,637 6,672 11.8% China Airlines 9,545 10,878-1,333-12.3% 58,468 55,215 3,253 5.9% EVA Airways Corporation 10,068 9,714 354 3.6% 58,285 57,250 1,035 1.8% Icelandair 0 0 0 0 246-246 -10 Japan Airlines(JAL) 7,225 7,705-480 -6.2% 47,778 50,171-2,393-4.8% 0.6% KLM Royal Dutch Airlines 6,037 5,135 902 17.6% 45,307 43,526 1,781 4.1% Korean Air 5,550 5,126 424 8.3% 36,576 34,931 1,645 4.7% Lufthansa German-PAX 13,212 13,125 87 111,232 100,467 10,765 1 1.3% Mexicana Airlines 5,827 4,522 1,305 28.9% 32,831 28,421 4,410 15.5% Northwest Airlines *** 6,387 7,240-853 -11.8% 38,339 41,809-3,470-8.3% Philippine Airlines(PAL) 8,579 5,755 2,824 49.1% 60,604 45,202 15,402 34.1% Singapore Airlines 15,976 18,122-2,146-11.8% 96,395 92,304 4,091 4.4% 1.1% Taca Intl Airlines 5,406 4,636 770 16.6% 30,537 26,889 3,648 13.6% United Airlines *** 99,153 109,855-10,702-9.7% 616,169 664,045-47,876-7.2% 7.2% United International 'BE' 12,249 0 12,249 87,299 0 87,299 1.0% Virgin Atlantic Airways 8,237 8,778-541 -6.2% 58,773 61,009-2,236-3.7% WestJet Airlines 1,050 0 1,050 2,860 0 2,860 World Airways, Inc. 0 0 0 109 0 109 Subtotal: 296,997 294,143 2,854 1.0% 1,960,540 1,833,468 127,072 6.9% 23.1% INTERNATIONAL TOTAL: 296,997 294,143 2,854 1.0% 1,960,540 1,833,468 127,072 6.9% 23.1% GRAND TOTAL: 1,285,865 1,247,974 37,891 3.0% 8,500,667 7,747,017 753,650 9.7% 10 *Commuter Airlines **Seasonal/Charter Airlines *** Provides international and domestic air passenger service at the Airport.

DOMESTIC: LOW COST CARRIERS SAN FRANCISCO INTERNATIONAL AIRPORT ANALYSIS OF SCHEDULED AIRLINE TRAFFIC ENPLANED AND DEPLANED PASSENGERS December 2004 Dec 2004 Dec 2003 Difference Fiscal Year-to-Date Comparison % Change FY04/05 FY03/04 Difference % Change Mkt. Share AirTran Airways, Inc. 13,022 7,429 5,593 75.3% 76,736 11,291 65,445 579.6% America West Airlines 75,696 73,065 2,631 3.6% 549,543 480,208 69,335 14.4% 3.3% American Trans Air 64,718 84,108-19,390-23.1% 464,025 475,902-11,877-2.5% 2.7% Frontier Airlines 23,231 23,927-696 -2.9% 146,341 147,863-1,522-1.0% 0.9% Horizon Air 8,968 8,967 1 52,122 59,139-7,017-11.9% 0.3% United 'TED' Domestic 'BF' 95,560 0 95,560 565,768 0 565,768 3.3% Subtotal: 281,195 197,496 83,699 42.4% 1,854,535 1,174,403 680,132 57.9% 11.0% DOMESTIC: OTHER CARRIERS Alaska-Domestic *** 65,512 60,229 5,283 8.8% 407,900 373,361 34,539 9.3% 2.4% American Airlines 236,286 202,362 33,924 16.8% 1,520,078 1,329,664 190,414 14.3% 9.0% American Eagle Airlines, Inc. 9,701 7,538 2,163 28.7% 59,633 44,284 15,349 34.7% Comair, Inc. 2,188 0 2,188 15,822 0 15,822 0.1% Continental Airlines 96,431 105,084-8,653-8.2% 594,063 597,238-3,175-3.5% DB AIR Limited 0 0 0 0 99-99 -10 Delta Airlines 143,911 132,253 11,658 8.8% 942,492 812,520 129,972 16.0% 5.6% Hawaiian Airlines Inc. 14,234 14,126 108 0.8% 88,295 86,429 1,866 2.2% Mesa Airlines 0 0 0 12,027 0 12,027 0.1% Miami Air 0 0 0 1,616 0 1,616 Midwest Express Airlines 0 4,882-4,882-10 38,986 45,354-6,368-14.0% 0.2% MN Airlines,LLC dba SunCountry 5,462 0 5,462 36,753 0 36,753 0.2% Northwest-Domestic *** 86,960 76,195 10,765 14.1% 543,859 512,587 31,272 6.1% 3.2% OMNI 0 0 0 0 381-381 -10 Skywest/Delta Connection * 4,773 4,070 703 17.3% 30,421 26,390 4,031 15.3% 0.2% Skywest/United Express * 169,281 160,476 8,805 5.5% 1,019,372 970,752 48,620 5.0% 6.0% Sun Country Airlines 0 341-341 -10 0 12,098-12,098-10 United Domestic 'BE' 49,090 49,962-872 -1.7% 321,523 304,094 17,429 5.7% 1.9% United Domestic 'BF' 728,182 838,273-110,091-13.1% 4,828,812 5,101,798-272,986-5.4% 28.6% United Domestic @IC/IG 25,622 0 25,622 152,249 0 152,249 0.9% US Airways, Inc. (USAir) 67,787 62,031 5,756 9.3% 511,540 436,587 74,953 17.2% 3.0% Subtotal: 1,705,420 1,717,822-12,402-11,125,441 10,653,636 471,805 4.4% 65.8% DOMESTIC TOTAL: 1,986,615 1,915,318 71,297 3.7% 12,979,976 11,828,039 1,151,937 9.7% 76.8% INTERNATIONAL TRAFFIC: Aeroflot Russian Int'l. Airlines 0 2,063-2,063-10 0 14,342-14,342-10 Air Canada 36,023 41,579-5,556-13.4% 291,723 255,183 36,540 14.3% 1.7% Air China (CAAC) 7,139 9,811-2,672-27.2% 66,616 53,487 13,129 24.5% Air France 13,383 13,418-35 -0.3% 108,686 105,717 2,969 2.8% 0.6% Air New Zealand 8,834 0 8,834 50,119 0 50,119 0.3% Alaska Airlines *** 12,273 12,106 167 1.4% 70,719 97,357-26,638-27.4% Alaska Int'l. Mexico 22,134 19,835 2,299 11.6% 102,178 91,040 11,138 12.2% 0.6% All Nippon Airways Co. LTD 11,197 11,972-775 -6.5% 73,743 72,001 1,742 2.4% American Trans Air - IT 1,027 1,397-370 -26.5% 8,809 8,155 654 8.0% 0.1% Asiana Airlines, Inc. 7,734 7,899-165 -2.1% 54,389 51,326 3,063 6.0% 0.3% BelAir Airlines LLC 0 0 0 2,720 0 2,720 British Airways 29,103 32,292-3,189-9.9% 218,658 215,005 3,653 1.7% 1.3% Cathay Pacific Airways 20,347 20,422-75 - 123,180 119,282 3,898 3.3% China Airlines 19,672 22,528-2,856-12.7% 116,494 116,961-467 - EVA Airways Corporation 21,147 20,788 359 1.7% 119,233 119,251-18 Icelandair 0 0 0 0 492-492 -10 Japan Airlines(JAL) 15,649 17,082-1,433-8.4% 98,162 103,510-5,348-5.2% 0.6% KLM Royal Dutch Airlines 12,166 10,200 1,966 19.3% 89,085 84,779 4,306 5.1% Korean Air 11,621 11,388 233 2.0% 71,075 66,316 4,759 7.2% Lufthansa German-PAX 25,837 25,933-96 - 217,678 199,602 18,076 9.1% 1.3% Mexicana Airlines 16,194 11,596 4,598 39.7% 78,951 61,824 17,127 27.7% Northwest Airlines *** 12,989 14,641-1,652-11.3% 78,387 84,437-6,050-7.2% Philippine Airlines(PAL) 20,817 18,748 2,069 11.0% 117,634 96,088 21,546 22.4% Singapore Airlines 33,091 34,753-1,662-4.8% 191,033 182,946 8,087 4.4% 1.1% Taca Intl Airlines 13,000 10,587 2,413 22.8% 63,526 55,303 8,223 14.9% United Airlines *** 204,636 219,474-14,838-6.8% 1,220,657 1,323,625-102,968-7.8% 7.2% United International 'BE' 25,288 0 25,288 171,811 0 171,811 1.0% Virgin Atlantic Airways 17,052 17,588-536 -3.0% 118,040 122,117-4,077-3.3% WestJet Airlines 2,069 0 2,069 5,516 0 5,516 World Airways, Inc. 0 0 0 109 0 109 Subtotal: 620,422 608,100 12,322 2.0% 3,928,931 3,700,146 228,785 6.2% 23.2% INTERNATIONAL TOTAL: 620,422 608,100 12,322 2.0% 3,928,931 3,700,146 228,785 6.2% 23.2% GRAND TOTAL: 2,607,037 2,523,418 83,619 3.3% 16,908,907 15,528,185 1,380,722 8.9% 10 *Commuter Airlines **Seasonal/Charter Airlines *** Provides international and domestic air passenger service at the Airport.

SAN FRANCISCO INTERNATIONAL AIRPORT TOTAL ENPLANED AND DEPLANED FISCAL YEAR 2004 vs 2003 2004 2003 Variance % JUL 3,188,142 2,865,126 11.3% AUG 3,177,822 2,954,551 7.6% SEP 2,669,006 2,345,623 13.8% OCT 2,781,782 2,485,679 11.9% NOV 2,485,118 2,353,788 5.6% DEC 2,607,037 2,523,418 3.3% JAN 2,232,190 FEB 2,110,488 MAR 2,518,297 APR 2,623,752 MAY 2,736,616 JUN 3,021,936 JUL 3,188,142 3,188,142 AUG 3,177,822 3,177,822 SEP 2,669,006 2,669,006 OCT 2,781,782 2,781,782 NOV 2,485,118 2,485,118 DEC 2,607,037 2,607,037 Total 33,817,814 47,680,371-29.1% Total Enplaned and Deplaned 2005 vs. 2004 4,000,000 3,750,000 3,500,000 3,250,000 3,000,000 2,750,000 2,500,000 2005 2004 2,250,000 2,000,000 1,750,000 1,500,000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

SAN FRANCISCO INTERNATIONAL AIRPORT DOMESTIC ENPLANED AND DEPLANED FISCAL YEAR 2004/05 vs 2003/04 2004/05 2003/04 Variance % JUL 2,442,571 2,442,571 JUL 2,442,571 2,213,684 10.3% AUG 2,435,801 2,246,745 8.4% AUG 2,435,801 2,435,801 SEP 2,034,449 1,757,982 15.7% SEP 2,034,449 2,034,449 OCT 2,158,564 1,902,548 13.5% OCT 2,158,564 2,158,564 NOV 1,921,976 1,921,976 NOV 1,921,976 1,791,762 7.3% DEC 1,986,615 1,915,318 3.7% DEC 1,986,615 1,986,615 JAN 1,626,876 FEB 1,597,854 MAR 1,929,826 APR 2,023,952 MAY 2,099,424 JUN 2,332,202 Total 25,959,952 36,418,149-28.7% Domestic Enplaned and Deplaned 04/05 vs. 03/04 3,800,000 3,550,000 3,300,000 3,050,000 2,800,000 2,550,000 2,300,000 2004/05 2003/04 2,050,000 1,800,000 1,550,000 1,300,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN

SAN FRANCISCO INTERNATIONAL AIRPORT INTERNATIONAL ENPLANED AND DEPLANED FISCAL YEAR 2004/05 vs 2003/04 2004/05 2003/04 JUL 745,571 745,571 JUL 745,571 651,442 14.4% AUG 742,021 707,806 4.8% AUG 742,021 742,021 SEP 634,557 587,641 8.0% SEP 634,557 634,557 OCT 623,218 583,131 6.9% OCT 623,218 623,218 NOV 563,142 563,142 NOV 563,142 562,026 0.2% DEC 620,422 608,100 2.0% DEC 620,422 620,422 JAN 605,314 FEB 512,634 MAR 588,471 APR 599,800 MAY 637,192 JUN 689,734 Variance % Total 7,857,862 11,262,222-30.2% International Enplaned and Deplaned 04/05 vs. 03/04 850,000 800,000 750,000 700,000 650,000 600,000 2004/05 2003/04 550,000 500,000 450,000 400,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN

DOMESTIC TRAFFIC: SAN FRANCISCO INTERNATIONAL AIRPORT ANALYSIS OF SCHEDULED AIRLINE TRAFFIC AIRCRAFT LANDED WEIGHT (LBS) December 2004 Fiscal Year -to - Date Dec 2004 Dec 2003 Difference % Change FY04/05 FY03/04 Difference % Change Mkt. Share AirTran Airways, Inc. 7,296,000 4,260,000 3,036,000 71.3% 45,256,000 6,958,000 38,298,000 55 0.3% Alaska-Domestic *** 49,304,400 49,380,400-76,000-0.2% 284,193,300 281,936,100 2,257,200 0.8% 2.0% America West Airlines 58,387,800 52,429,200 5,958,600 11.4% 379,407,300 308,195,300 71,212,000 23.1% 2.7% American Airlines 191,104,000 183,936,000 7,168,000 3.9% 1,154,234,000 1,120,902,000 33,332,000 3.0% 8.3% American Eagle Airlines, Inc. 6,678,612 6,266,352 412,260 6.6% 40,112,898 34,835,970 5,276,928 15.1% 0.3% American Trans Air 42,929,000 59,334,800-16,405,800-27.6% 285,733,500 307,275,500-21,542,000-7.0% 2.0% Comair, Inc. 1,222,000 0 1,222,000 8,366,000 0 8,366,000 0.1% Continental Airlines 56,972,900 67,618,200-10,645,300-15.7% 337,713,400 373,929,400-36,216,000-9.7% 2.4% Delta Airlines 107,999,000 112,887,000-4,888,000-4.3% 666,612,000 654,991,000 11,621,000 1.8% 4.8% Frontier Airlines 15,648,500 14,097,000 1,551,500 11.0% 91,131,500 80,002,500 11,129,000 13.9% Hawaiian Airlines Inc. 9,920,000 9,920,000 0 58,560,000 58,880,000-320,000 - Horizon Air 5,896,000 7,906,000-2,010,000-25.4% 35,644,000 47,905,000-12,261,000-25.6% 0.3% Mesa Airlines 0 0 0 8,107,000 0 8,107,000 0.1% Miami Air 0 0 0 790,000 0 790,000 Midwest Express Airlines 7,424,000 3,968,000 3,456,000 87.1% 37,705,500 36,192,000 1,513,500 4.2% 0.3% MN Airlines,LLC dba SunCountry 4,093,700 0 4,093,700 27,629,400 0 27,629,400 0.2% Northwest-Domestic *** 57,021,000 50,483,400 6,537,600 12.9% 330,046,800 323,421,000 6,625,800 2.0% 2.4% Skywest/Delta Connection * 2,820,000 2,867,000-47,000-1.6% 16,826,000 17,202,000-376,000-2.2% 0.1% Skywest/United Express * 101,654,200 95,814,244 5,839,956 6.1% 595,046,784 573,415,578 21,631,206 3.8% 4.3% Sun Country Airlines 0 288,000-288,000-10 0 5,904,000-5,904,000-10 United Domestic 'BF' 685,782,690 736,404,199-50,621,509-6.9% 4,443,841,035 4,416,304,893 27,536,142 0.6% 31.8% US Airways, Inc. (USAir) 45,266,300 40,949,400 4,316,900 1 309,723,800 267,516,600 42,207,200 15.8% 2.2% Subtotal 1,457,420,102 1,498,809,195-41,389,093-2.8% 9,156,680,217 8,915,766,841 240,913,376 2.7% 65.6% INTERNATIONAL TRAFFIC: Aeroflot Russian Int'l. Airlines 0 4,139,946-4,139,946-10 0 30,339,610-30,339,610-10 Air Canada 25,924,500 35,047,270-9,122,770-26.0% 192,954,420 184,467,686 8,486,734 4.6% 1.4% Air China (CAAC) 10,710,000 13,229,853-2,519,853-19.0% 87,570,000 76,229,153 11,340,847 14.9% 0.6% Air France 12,923,540 12,958,640-35,100-0.3% 94,308,393 93,774,057 534,336 0.6% Air New Zealand 8,820,000 0 8,820,000 50,400,000 0 50,400,000 Alaska Airlines *** 11,278,100 11,244,600 33,500 0.3% 67,595,500 74,593,000-6,997,500-9.4% Alaska Int'l. Mexico 16,124,500 15,967,300 157,200 1.0% 76,465,100 76,625,300-160,200-0.2% All Nippon Airways Co. LTD 14,260,000 14,260,000 0 84,640,000 84,640,000 0 0.6% American Trans Air - IT 585,200 792,000-206,800-26.1% 4,932,400 5,148,000-215,600-4.2% Asiana Airlines, Inc. 11,610,000 17,144,000-5,534,000-32.3% 88,054,000 113,568,000-25,514,000-22.5% 0.6% BelAir Airlines LLC 0 0 0 2,880,000 0 2,880,000 British Airways 37,800,000 35,910,000 1,890,000 5.3% 229,950,000 225,540,000 4,410,000 2.0% 1.6% Cathay Pacific Airways 19,530,000 19,530,000 0 115,920,000 114,091,000 1,829,000 1.6% 0.8% China Airlines 18,370,000 19,530,000-1,160,000-5.9% 108,640,000 115,920,000-7,280,000-6.3% 0.8% EVA Airways Corporation 34,479,500 29,543,924 4,935,576 16.7% 195,593,625 179,928,449 15,665,176 8.7% 1.4% Japan Airlines(JAL) 44,100,000 43,470,000 630,000 1.4% 262,080,000 263,970,000-1,890,000-1.9% KLM Royal Dutch Airlines 11,440,988 9,240,798 2,200,190 23.8% 75,034,756 72,166,232 2,868,524 4.0% Korean Air 25,587,000 28,451,500-2,864,500-10.1% 169,292,500 173,532,500-4,240,000-2.4% 1.2% Lufthansa German-PAX 23,838,360 24,137,335-298,975-1.2% 195,575,542 177,117,523 18,458,019 1 1.4% Mexicana Airlines 10,660,900 7,961,592 2,699,308 33.9% 56,721,100 44,721,755 11,999,345 26.8% Northwest Airlines *** 12,437,200 12,960,000-522,800-4.0% 74,370,200 76,876,000-2,505,800-3.3% Philippine Airlines(PAL) 20,991,040 16,701,003 4,290,037 25.7% 112,491,362 91,574,837 20,916,525 22.8% 0.8% Singapore Airlines 33,760,054 33,760,054 0 200,382,256 197,862,256 2,520,000 1.3% 1.4% Taca Intl Airlines 8,532,000 6,825,600 1,706,400 25.0% 42,233,400 34,128,000 8,105,400 23.7% 0.3% United Airlines *** 227,000,600 197,424,138 29,576,462 15.0% 1,320,424,894 1,169,336,234 151,088,660 12.9% 9.5% Virgin Atlantic Airways 18,900,000 17,170,000 1,730,000 10.1% 115,290,000 112,460,000 2,830,000 2.5% 0.8% WestJet Airlines 1,131,360 0 1,131,360 3,323,830 0 3,323,830 World Airways, Inc. 0 0 0 458,000 892,500-434,500-48.7% Subtotal 660,794,842 627,399,553 33,395,289 5.3% 4,027,581,278 3,789,502,092 238,079,186 6.3% 28.8%

DOMESTIC CARGO: Fiscal Year -to - Date Dec 2004 Dec 2003 Difference % Change FY04/05 FY03/04 Difference % Change Mkt. Share ABX Air, Inc. 6,035,000 0 6,035,000 22,978,000 0 22,978,000 0.2% Active Aero Charter 0 0 0 0 1,231,500-1,231,500-10 Ameriflight, Inc. 340,000 651,500-311,500-47.8% 2,101,700 2,604,500-502,800-19.3% Astar Air Cargo, Inc. 12,664,840 9,940,180 2,724,660 27.4% 75,734,220 20,474,140 55,260,080 269.9% DB AIR Limited 0 0 0 0 328,000-328,000-10 DHL Express 0 0 0 0 51,424,980-51,424,980-10 Evergreen for DHL 0 3,837,900-3,837,900-10 5,370,400 22,458,500-17,088,100-76.1% Express,Net Airlines 0 295,410-295,410-10 0 295,410-295,410-10 Gemini Air Cargo, Inc. 2,389,000 3,936,000-1,547,000-39.3% 20,446,000 25,021,000-4,575,000-18.3% 0.1% Kalitta Air, LLC 3,150,000 630,000 2,520,000 40 14,490,000 630,000 13,860,000 220 0.1% Kitty Hawk Aircargo Inc. 4,666,500 3,885,500 781,000 20.1% 27,581,500 22,906,000 4,675,500 2 0.2% Northwest Cargo Dom 0 0 0 1,260,000 0 1,260,000 OMNI 0 0 0 0 198,000-198,000-10 Southern Air Inc. 3,150,000 0 3,150,000 10,710,000 0 10,710,000 0.1% TradeWinds Airlines, Inc. 4,410,000 0 4,410,000 14,490,000 0 14,490,000 0.1% Subtotal 36,805,340 23,176,490 13,628,850 58.8% 195,161,820 147,572,030 47,589,790 32.2% 1.4% INTERNATIONAL CARGO: Atlas Air 0 0 0 0 1,962,000-1,962,000-10 Cargo Lux Airlines 5,328,000 4,662,000 666,000 14.3% 33,966,000 33,966,000 0 0.2% Cathay Pacific Cargo 10,656,000 7,992,000 2,664,000 33.3% 57,942,000 46,620,000 11,322,000 24.3% China Airlines Ltd.-Cargo Only 17,316,000 13,518,000 3,798,000 28.1% 103,572,000 82,548,000 21,024,000 25.5% China Cargo Airlines 6,129,500 6,129,435 65 47,621,500 39,300,630 8,320,870 21.2% 0.3% Federal Express Corp. 26,231,000 30,784,500-4,553,500-14.8% 163,158,500 186,556,000-23,397,500-12.5% 1.2% Icelandair 0 0 0 0 267,600-267,600-10 Lufthansa Cargo 0 0 0 0 630,075-630,075-10 Nippon Cargo Airlines 28,350,000 30,215,000-1,865,000-6.2% 178,290,000 181,340,000-3,050,000-1.7% 1.3% Northwest Cargo Int'l. 0 0 0 0 8,820,000-8,820,000-10 Subtotal 94,010,500 93,300,935 709,565 0.8% 584,550,000 582,010,305 2,539,695 4.2% Grand Total 2,249,030,784 2,242,686,173 6,344,611 0.3% 13,963,973,315 13,434,851,268 529,122,047 3.9% 100% *Commuter Airlines **Seasonal/Charter Airlines *** Provides international and domestic air passenger service at the Airport.

DOMESTIC TRAFFIC: SAN FRANCISCO INTERNATIONAL AIRPORT ANALYSIS OF SCHEDULED AIRLINE TRAFFIC AIRCRAFT LANDINGS December 2004 Fiscal Year -to - Date Dec 2004 Dec 2003 Difference % Change FY04/05 FY03/04 Difference % Change Mkt. Share AirTran Airways, Inc. 57 30 27 9 339 49 290 591.8% Alaska-Domestic *** 385 391-6 -1.5% 2,272 2,258 14 0.6% 2.9% America West Airlines 416 388 28 7.2% 2,807 2,237 570 25.5% 3.6% American Airlines 1,041 955 86 9.0% 6,351 5,952 399 6.7% 8.0% American Eagle Airlines, Inc. 162 152 10 6.6% 973 845 128 15.1% 1.2% American Trans Air 237 303-66 -21.8% 1,518 1,549-31 -2.0% 1.9% Comair, Inc. 26 0 26 178 0 178 0.2% Continental Airlines 376 455-79 -17.4% 2,269 2,412-143 -5.9% 2.9% Delta Airlines 610 576 34 5.9% 3,601 3,260 341 1 4.6% Frontier Airlines 121 118 3 2.5% 743 687 56 8.2% 0.9% Hawaiian Airlines Inc. 31 31 0 183 184-1 - 0.2% Horizon Air 88 118-30 -25.4% 532 715-183 -25.6% Mesa Airlines 0 0 0 121 0 121 0.2% Miami Air 0 0 0 5 0 5 Midwest Express Airlines 58 31 27 87.1% 287 281 6 2.1% MN Airlines,LLC dba SunCountry 28 0 28 189 0 189 0.2% Northwest-Domestic *** 310 289 21 7.3% 1,809 1,796 13 2.3% Skywest/Delta Connection * 60 61-1 -1.6% 358 366-8 -2.2% Skywest/United Express * 2,725 2,682 43 1.6% 16,542 16,042 500 3.1% 21.0% Sun Country Airlines 0 2-2 -10 0 41-41 -10 United Domestic 'BF' 3,615 3,927-312 -7.9% 23,355 23,476-121 - 29.6% US Airways, Inc. (USAir) 291 261 30 11.5% 1,918 1,661 257 15.5% 2.4% Subtotal 10,637 10,770-133 -1.2% 66,350 63,811 2,539 4.0% 84.1% INTERNATIONAL TRAFFIC: Aeroflot Russian Int'l. Airlines 0 9-9 -10 0 67-67 -10 Air Canada 186 248-62 -25.0% 1,374 1,309 65 5.0% 1.7% Air China (CAAC) 17 21-4 -19.0% 139 121 18 14.9% 0.2% Air France 31 31 0 184 184 0 0.2% Air New Zealand 14 0 14 80 0 80 0.1% Alaska Airlines *** 89 89 0 545 608-63 -1 Alaska Int'l. Mexico 123 124-1 -0.8% 610 615-5 -0.8% 0.8% All Nippon Airways Co. LTD 31 31 0 184 184 0 0.2% American Trans Air - IT 4 4 0 27 26 1 3.8% Asiana Airlines, Inc. 23 31-8 -25.8% 165 203-38 -18.7% 0.2% BelAir Airlines LLC 0 0 0 9 0 9 British Airways 60 57 3 5.3% 365 358 7 2.0% Cathay Pacific Airways 31 31 0 184 184 0 0.2% China Airlines 31 31 0 184 184 0 0.2% EVA Airways Corporation 58 48 10 20.8% 328 294 34 11.6% Japan Airlines(JAL) 70 69 1 1.4% 416 419-3 - KLM Royal Dutch Airlines 26 21 5 23.8% 168 164 4 2.4% 0.2% Korean Air 48 56-8 -14.3% 321 335-14 -4.2% Lufthansa German-PAX 42 42 0 331 330 1 0.3% Mexicana Airlines 76 56 20 35.7% 404 315 89 28.3% Northwest Airlines *** 31 31 0 183 186-3 -1.6% 0.2% Philippine Airlines(PAL) 36 35 1 2.9% 199 188 11 5.9% 0.3% Singapore Airlines 62 62 0 368 364 4 1.1% Taca Intl Airlines 60 48 12 25.0% 297 240 57 23.7% United Airlines *** 562 497 65 13.1% 3,164 2,929 235 8.0% 4.0% Virgin Atlantic Airways 30 29 1 3.4% 183 182 1 0.2% WestJet Airlines 9 0 9 26 0 26 World Airways, Inc. 0 0 0 1 2-1 -5 Subtotal 1,750 1,701 49 2.9% 10,439 9,991 448 4.5% 13.2%

Fiscal Year -to - Date DOMESTIC CARGO: Dec 2004 Dec 2003 Difference % Change FY04/05 FY03/04 Difference % Change Mkt. Share ABX Air, Inc. 48 0 48 197 0 197 0.2% Active Aero Charter 0 0 0 0 3-3 -10 Ameriflight, Inc. 23 43-20 -46.5% 149 176-27 -15.3% 0.2% Astar Air Cargo, Inc. 62 56 6 1 384 112 272 242.9% DB AIR Limited 0 0 0 0 2-2 -10 DHL Express 0 0 0 0 264-264 -10 Evergreen for DHL 0 43-43 -10 63 257-194 -75.5% 0.1% Express,Net Airlines 0 1-1 -10 0 1-1 -10 Gemini Air Cargo, Inc. 5 8-3 -37.5% 43 51-8 -15.7% 0.1% Kalitta Air, LLC 5 1 4 23 1 22 Kitty Hawk Aircargo Inc. 29 24 5 20.8% 172 141 31 22.0% 0.2% Northwest Cargo Dom 0 0 0 2 0 2 OMNI 0 0 0 0 1-1 -10 Southern Air Inc. 5 0 5 17 0 17 TradeWinds Airlines, Inc. 7 0 7 23 0 23 Subtotal 184 176 8 4.5% 1,073 1,009 64 6.3% 1.4% INTERNATIONAL CARGO: Atlas Air 0 0 0 0 3-3 -10 Cargo Lux Airlines 8 7 1 14.3% 51 51 0 0.1% Cathay Pacific Cargo 16 12 4 33.3% 87 70 17 24.3% 0.1% China Airlines Ltd.-Cargo Only 26 21 5 23.8% 156 128 28 21.9% 0.2% China Cargo Airlines 13 13 0 101 81 20 24.7% 0.1% Federal Express Corp. 60 75-15 -2 396 445-49 -11.0% Icelandair 0 0 0 0 1-1 -10 Lufthansa Cargo 0 0 0 0 1-1 -10 Nippon Cargo Airlines 45 48-3 -6.3% 283 288-5 -1.7% Northwest Cargo Int'l. 0 0 0 0 14-14 -10 Subtotal 168 176-8 -4.5% 1,074 1,082-8 - 1.4% Grand Total 12,739 12,823-84 - 78,936 75,893 3,043 4.0% 10 *Commuter Airlines **Seasonal/Charter Airlines *** Provides international and domestic air passenger service at the Airport.

SAN FRANCISCO INTERNATIONAL AIRPORT ANALYSIS OF SCHEDULED AIRLINE TRAFFIC Cargo Tonnage (Enplaned & Deplaned Mail and Freight in Metric Tons) December 2004 Calendar Year-To-Date Dec 2004 Dec 2003 Difference % Change 2004 2003 Difference % Change Mkt. Share DOMESTIC TRAFFIC: ABX Air, Inc. 81 0 81 413 0 413 0.1% Active Aero Charter 0 0 0 0 252-252 -10 Alaska-Domestic *** 168 170-2 -0.9% 2,590 2,557 33 1.3% America West Airlines 323 176 147 83.1% 2,969 2,400 569 23.7% American Airlines 2,896 2,994-98 -3.3% 30,536 32,573-2,037-6.3% 5.4% American Eagle Airlines, Inc. 0 0 0 0 0 0 American Trans Air 304 489-185 -37.8% 3,639 3,130 509 16.3% 0.6% Ameriflight, Inc. 25 34-9 -26.2% 384 425-41 -9.6% 0.1% Astar Air Cargo, Inc. 1,435 1,265 170 13.4% 18,114 1,265 16,848 1331.5% 3.2% Comair, Inc. 0 0 0 2 0 2 Continental Airlines 749 638 110 17.3% 7,192 8,586-1,395-16.2% 1.3% Delta Airlines 2,219 2,238-19 -0.8% 24,536 26,763-2,227-8.3% 4.4% DHL Express 0 0 0 0 14,146-14,146-10 Evergreen - Domestic 0 0 0 0 251-251 -10 Evergreen for DHL 0 623-623 -10 4,382 623 3,759 603.4% 0.8% Express,Net Airlines 0 34-34 -10 0 34-34 -10 Federal Express Corp. 8,236 4,472 3,764 84.2% 81,088 79,887 1,201 1.5% 14.4% Frontier Airlines 57 81-24 -29.5% 982 1,241-260 -20.9% 0.2% Gemini Air Cargo 418 786-368 -46.8% 6,681 6,706-25 - 1.2% Hawaiian Airlines Inc. 213 259-46 -17.8% 2,714 3,272-559 -17.1% Horizon Air 18 12 5 44.0% 174 110 64 58.7% Kalitta Air, LLC 0 50-50 -10 1,993 112 1,882 1684.2% Kitty Hawk Aircargo Inc. 766 661 104 15.8% 8,131 5,118 3,013 58.9% 1.4% Mesa Airlines 0 0 0 0 0 0-10 Midwest Express Airlines 0 24-24 -10 297 153 144 94.7% 0.1% MN Airlines,LLC dba SunCountry 8 0 8 8 0 8 Northwest Cargo Dom 0 0 0 1,577 3,312-1,735-52.4% 0.3% Northwest-Domestic *** 207 292-85 -29.2% 794 2,979-2,185-73.3% 0.1% Skywest/Delta Connection * 0 0 0-68.7% 1 6-5 -78.7% Southern Air Inc. 380 0 380 778 0 778 0.1% TradeWinds Airlines, Inc. 823 0 823 823 0 823 0.1% United Domestic 'BF' 5,742 5,545 197 3.5% 59,377 66,176-6,799-10.3% 1 US Airways, Inc. (USAir) 244 298-53 -18.0% 2,563 3,170-607 -19.1% Subtotal 25,312 21,143 4,169 19.7% 262,738 265,247-2,509-0.9% 46.7% INTERNATIONAL TRAFFIC: Aeroflot Russian Int'l. Airlines 0 45-45 -10 190 344-154 -44.8% Air Canada 513 178 335 188.9% 1,972 1,743 229 13.1% Air China (CAAC) 682 705-23 -3.3% 8,171 6,692 1,479 22.1% 1.5% Air France 559 522 37 7.1% 6,025 5,732 293 5.1% 1.1% Air New Zealand 261 0 261 1,420 0 1,420 0.3% Alaska Airlines *** 43 42 1 2.5% 421 511-89 -17.5% 0.1% Alaska Int'l. Mexico 54 47 7 14.4% 605 720-115 -15.9% 0.1% All Canada Express 0 0 0 0 54-54 -10 All Nippon Airways Co. LTD 655 646 10 1.5% 7,966 7,740 225 2.9% 1.4% Asiana Airlines, Inc. 1,018 1,176-157 -13.4% 14,562 15,749-1,187-7.5% 2.6% Atlas Air 0 0 0 0 166-166 -10 British Airways 1,042 977 65 6.7% 13,122 11,827 1,295 11.0% 2.3% Cargo Lux Airlines 850 583 267 45.8% 8,617 8,787-170 -1.9% 1.5% Cathay Pacific Airways 222 239-17 -7.2% 2,939 3,784-845 -22.3% Cathay Pacific Cargo 848 519 329 63.5% 6,878 4,558 2,320 50.9% 1.2%

Calendar Year-To-Date Dec 2004 Dec 2003 Difference % Change 2004 2003 Difference % Change Mkt. Share China Airlines 2,118 1,871 247 13.2% 24,009 18,039 5,971 33.1% 4.3% China Cargo Airlines 536 320 216 67.4% 4,519 1,849 2,670 144.4% 0.8% China Eastern Airlines 0 0 0 0 622-622 -10 EVA Airways Corporation 1,763 1,814-51 -2.8% 18,219 22,326-4,107-18.4% 3.2% Evergreen for DHL 0 0 0 0 3,521-3,521-10 Federal Express Corp. 0 2,990-2,990-10 11,027 15,195-4,168-27.4% 2.0% Japan Airlines(JAL) 2,235 1,385 850 61.4% 28,539 26,670 1,869 7.0% 5.1% KLM Royal Dutch Airlines 0 434-434 -10 489 6,821-6,332-92.8% 0.1% Korean Air 1,460 2,142-681 -31.8% 21,068 25,828-4,760-18.4% 3.7% Lufthansa Cargo 0 0 0 0 66-66 -10 Lufthansa German-PAX 608 590 18 3.0% 8,104 8,229-126 -1.5% 1.4% Mexicana Airlines 0 0 0 0 70-70 -10 Nippon Cargo Airlines 1,698 1,425 273 19.1% 20,515 20,806-291 -1.4% 3.6% Northwest Airlines *** 546 582-36 -6.2% 2,266 3,617-1,351-37.4% Northwest Cargo Int'l. 0 0 0 5,991 6,460-469 -7.3% 1.1% Philippine Airlines(PAL) 258 466-208 -44.6% 3,475 3,899-423 -10.9% 0.6% Singapore Airlines 619 608 11 1.9% 7,275 7,112 163 2.3% 1.3% Singapore Airlines 0 0 0 0 2,545-2,545-10 Southern Air Inc. 0 0 0 295 0 295 0.1% Taca Intl Airlines 21 11 10 88.2% 81 61 20 33.3% United Airlines *** 5,520 4,452 1,068 24.0% 64,389 59,217 5,172 8.7% 11.4% United International 'BE' 45 0 45 235 30 205 672.3% Virgin Atlantic Airways 508 542-34 -6.2% 6,478 6,735-257 -3.8% 1.2% World Airways, Inc. 0 0 0 235 154 82 53.2% Subtotal 24,684 25,309-626 -2.5% 300,097 308,277-8,179-2.7% 53.3% Grand Total 49,996 46,453 3,543 7.6% 562,835 573,524-10,689-1.9% 10 *Commuter Airlines **Seasonal/Charter Airline *** Provides international and domestic air passenger service at the Airpor

SAN FRANCISCO INTERNATIONAL AIRPORT CARGO VOLUME (including mail - metric tons) FISCAL YEAR 2004/05 vs 2003/04 2004/05 2003/04 Variance % JUL 45,794 45,794 JUL 45,794 43,409 5.5% AUG 46,651 50,926-8.4% AUG 46,651 46,651 SEP 48,745 43,799 11.3% SEP 48,745 48,745 OCT 52,037 50,610 2.8% OCT 52,037 52,037 NOV 48,364 48,364 NOV 48,364 45,673 5.9% DEC 49,996 46,453 7.6% DEC 49,996 49,996 JAN 39,879 FEB 41,668 MAR 46,554 APR 45,751 MAY 49,452 JUN 47,944 Total 583,175 843,706-30.9% Cargo Volume (metric tons) 04/05 vs. 03/04 (including mail) 85,000 80,000 75,000 70,000 65,000 60,000 55,000 2004/05 2003/04 50,000 45,000 40,000 35,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN