SAN FRANCISCO INTERNATIONAL AIRPORT

SAN FRANCISCO INTERNATIONAL AIRPORT COMPARATIVE TRAFFIC REPORT March 2005 Fiscal Year-To-Date Mar 2005 Mar 2004 % Change 2005 2004 % Change Flight Operations - Total * Air Carrier Air Taxi Civil Military 29,366 30,179-2.7% 19,850 7,573 1,654 20,458 7,846 1,645-3.0% -3.5% 289 230 25.7% 260,175 256,523 1.4% 180,087 64,781 13,301 176,877 64,904 12,762 1.8% -0.2% 4.2% 2,006 1,980 1.3% Revenue Landed Weight (000 lbs.) 2,242,283 2,290,425-2.1% 20,306,103 20,022,312 1.4% Total Airport Passengers ** 2,732,536 2,577,227 6.0% 24,559,964 22,799,876 7.7% Total Enplaned & Deplaned 2,675,206 2,518,297 6.2% 24,148,730 22,389,160 7.9% Total Enplaned 1,345,121 1,264,333 6.4% 11,993,897 11,189,655 7.2% Total Deplaned 1,330,085 1,253,964 6.1% 12,154,833 11,199,505 8.5% Domestic 2,015,592 1,929,826 4.4% 18,392,146 16,982,595 8.3% Enplanements 1,016,133 968,885 4.9% 9,123,425 8,478,709 7.6% Deplanements 999,459 960,941 4.0% 9,268,721 8,503,886 9.0% International 659,614 588,471 12.1% 5,756,584 5,406,565 6.5% Enplanements 328,988 295,448 11.4% 2,870,472 2,710,946 5.9% Deplanements 330,626 293,023 12.8% 2,886,112 2,695,619 7.1% Total U.S. Mail (metric tons) 6,717 5,041 33.2% 59,442 62,693-5.2% Domestic 4,891 3,443 42.1% 41,997 43,883-4.3% Loaded 3,340 2,696 23.9% 28,439 29,945-5.0% Unloaded 1,551 746 107.7% 13,558 13,938-2.7% International Loaded Unloaded 1,826 1,598 14.3% 17,444 18,810-7.3% 987 918 7.6% 10,638 10,440 1.9% 839 680 23.3% 6,806 8,370-18.7% Total Cargo *** (metric tons) Domestic Loaded Unloaded International Loaded Unloaded 44,403 41,513 7.0% 380,270 346,279 9.8% 19,895 17,456 14.0% 170,543 142,693 19.5% 10,198 9,218 10.6% 89,389 75,372 18.6% 9,697 8,238 17.7% 81,155 67,321 2 24,508 24,057 1.9% 209,726 203,586 3.0% 10,038 9,950 0.9% 89,045 89,771-0.8% 14,470 14,107 2.6% 120,681 113,814 6.0% Total Cargo and U.S. Mail (metric tons) 51,119 46,554 9.8% 439,711 408,971 7.5% Cars Exited (Garage and Lot) 247,570 239,330 3.4% 2,352,016 2,330,527 0.9% Total Airport passengers for 12 months ending March 2005: 33,104,846 (represents an increase of 10.9% compared to the 12 months ending March 2004). * 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 March 2005 Fiscal Year-To-Date Mar 2005 Mar 2004 % Change 2005 2004 % Change International Flight Operations Domestic Carriers Foreign Flag Carriers 3,948 3,684 7.2% 1,850 1,614 14.6% 2,098 2,070 1.4% 34,368 32,914 4.4% 15,094 14,338 5.3% 19,274 18,576 3.8% Total Airport International Passengers ** 679,208 610,543 11.2% 5,913,902 5,560,107 6.4% Total International Enplaned and Deplaned 659,614 588,471 12.1% 5,756,584 5,406,565 6.5% Europe - Total Passengers 174,093 164,511 5.8% 1,550,704 1,529,487 1.4% Enplanements 88,504 83,888 5.5% 769,467 754,866 1.9% Deplanements 85,589 80,623 6.2% 781,237 774,621 0.9% Far East - Total Passengers 317,189 292,106 8.6% 2,728,925 2,608,397 4.6% Enplanements 155,300 143,500 8.2% 1,345,942 1,307,561 2.9% Deplanements 161,889 148,606 8.9% 1,382,983 1,300,836 5.3% Australia/Oceania - Total Passengers 23,914 15,267 56.6% Enplanements 10,272 7,079 45.1% Deplanements 13,642 8,188 66.6% Mexico/Caribbean/C.Amer. - Total Passengers 66,432 40,274 65.0% Enplanements 35,049 21,522 62.9% Deplanements 31,383 18,752 67.4% Canada - Total Passengers 77,986 76,313 2.2% Enplanements 39,863 39,459 1.0% Deplanements 38,123 36,854 3.4% 218,456 143,954 51.8% 108,536 71,277 52.3% 109,920 72,677 51.2% 497,038 386,185 28.7% 265,803 206,747 28.6% 231,235 179,438 28.9% 761,461 738,542 3.1% 380,724 370,495 2.8% 380,737 368,047 3.4% Total International Cargo and Mail (metric tons) 26,334 25,655 2.6% 227,171 219,450 3.5% Europe - Total Cargo & Mail 6,485 5,366 20.9% 49,188 48,894 0.6% Enplanements 3,581 2,697 32.8% 26,366 23,854 1 Deplanements 2,904 2,669 8.8% 22,822 25,040-8.9% Far East - Total Cargo and Mail 18,850 19,713-4.4% Enplanements 7,006 7,943-11.8% Deplanements 11,843 11,771 0.6% Australia/Oceania - Total Cargo and Mail 625 293 113.5% Enplanements 210 95 121.4% Deplanements 416 198 109.8% Mexico/Caribbean/C.Amer. - Total Cargo and Mail 92 97-5.6% Enplanements 23 28-19.2% Deplanements 69 69 Canada - Total Cargo and Mail 282 186 51.9% Enplanements 205 104 95.8% Deplanements 78 81-4.4% 169,902 164,913 3.0% 69,677 72,580-4.0% 100,225 92,334 8.5% 5,171 2,831 82.6% 1,994 970 105.6% 3,176 1,862 70.6% 799 754 6.0% 223 218 2.5% 576 536 7.5% 2,110 2,058 2.6% 1,423 1,062 34.0% 688 996-30.9% ** 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 March 2005 Mar 2005 Mar 2004 Difference Fiscal Year-to-Date Comparison % Change FY04/05 FY03/04 Difference % Change Mkt. Share AirTran Airways, Inc. 6,265 3,576 2,689 75.2% 51,568 14,268 37,300 261.4% America West Airlines 38,204 43,526-5,322-12.2% 377,105 349,913 27,192 7.8% 3.1% American Trans Air 25,100 36,087-10,987-3 300,431 336,375-35,944-10.7% 2.5% Frontier Airlines 13,631 10,355 3,276 31.6% 107,001 101,451 5,550 5.5% 0.9% Horizon Air 4,559 5,147-588 -11.4% 38,179 41,347-3,168-7.7% 0.3% United 'TED' Domestic 'BF' 60,397 0 60,397 440,617 0 440,617 3.7% Subtotal: 148,156 98,691 49,465 50.1% 1,314,901 843,354 471,547 55.9% 11.0% DOMESTIC: OTHER CARRIERS Alaska-Domestic *** 38,571 29,820 8,751 29.3% 318,809 285,859 32,950 11.5% 2.7% American Airlines 127,865 111,067 16,798 15.1% 1,087,548 945,078 142,470 15.1% 9.1% American Eagle Airlines, Inc. 5,330 4,685 645 13.8% 43,696 34,444 9,252 26.9% Atlantic Southeast Airlines 1,244 0 1,244 2,400 0 2,400 Comair, Inc. 0 0 0 8,522 0 8,522 0.1% Continental Airlines 45,661 45,949-288 -0.6% 412,994 423,201-10,207-2.4% 3.4% DB AIR Limited 0 0 0 0 33-33 -10 Delta Airlines 70,602 67,318 3,284 4.9% 654,295 576,938 77,357 13.4% 5.5% Hawaiian Airlines Inc. 7,073 7,224-151 -2.1% 64,870 63,965 905 1.4% Mesa Airlines 0 1,372-1,372-10 6,556 1,478 5,078 343.6% 0.1% Miami Air 0 0 0 812 0 812 Midwest Express Airlines 2,832 0 2,832 24,675 23,015 1,660 7.2% 0.2% MN Airlines,LLC dba SunCountry 2,993 0 2,993 25,099 0 25,099 0.2% Northwest-Domestic *** 47,765 37,256 10,509 28.2% 394,035 358,966 35,069 9.8% 3.3% OMNI 0 0 0 0 162-162 -10 Skywest/Delta Connection * 5,248 903 4,345 481.2% 26,601 18,261 8,340 45.7% 0.2% Skywest/United Express * 100,768 86,550 14,218 16.4% 791,365 723,160 68,205 9.4% 6.6% Sun Country Airlines 0 0 0 0 6,264-6,264-10 United Domestic 'BE' 23,546 24,451-905 -3.7% 219,101 212,107 6,994 3.3% 1.8% United Domestic 'BF' 345,609 421,618-76,009-18.0% 3,337,435 3,657,450-320,015-8.7% 27.8% United Domestic @IC/IG 3,486 0 3,486 30,724 0 30,724 0.3% US Airways, Inc. (USAir) 39,384 31,981 7,403 23.1% 358,987 304,974 54,013 17.7% 3.0% Subtotal: 867,977 870,194-2,217-0.3% 7,808,524 7,635,355 173,169 2.3% 65.1% DOMESTIC TOTAL: 1,016,133 968,885 47,248 4.9% 9,123,425 8,478,709 644,716 7.6% 76.1% INTERNATIONAL TRAFFIC: Aeroflot Russian Int'l. Airlines 0 678-678 -10 0 8,477-8,477-10 Air Canada 21,786 20,279 1,507 7.4% 203,234 181,217 22,017 12.1% 1.7% Air China (CAAC) 4,397 4,419-22 - 42,201 39,072 3,129 8.0% Air France 8,142 7,104 1,038 14.6% 75,032 70,123 4,909 7.0% 0.6% Air New Zealand 3,244 0 3,244 37,545 0 37,545 0.3% Alaska Airlines *** 6,842 5,381 1,461 27.2% 54,085 66,685-12,600-18.9% Alaska Int'l. Mexico 11,918 8,614 3,304 38.4% 89,707 79,073 10,634 13.4% 0.7% All Nippon Airways Co. LTD 5,842 5,489 353 6.4% 52,782 52,497 285 American Trans Air - IT 0 692-692 -10 5,287 6,285-998 -15.9% Asiana Airlines, Inc. 4,947 4,421 526 11.9% 40,675 39,267 1,408 3.6% 0.3% BelAir Airlines LLC 0 0 0 1,528 0 1,528 British Airways 18,296 17,446 850 4.9% 154,860 150,586 4,274 2.8% 1.3% Cathay Pacific Airways 10,138 9,645 493 5.1% 89,236 92,032-2,796-3.0% 0.7% China Airlines 10,740 10,538 202 1.9% 89,662 92,524-2,862-3.1% 0.7% EVA Airways Corporation 10,290 9,619 671 7.0% 91,068 91,447-379 - 0.8% Icelandair 0 0 0 0 246-246 -10 Japan Airlines(JAL) 7,890 8,207-317 -3.9% 74,136 76,873-2,737-3.6% 0.6% KLM Royal Dutch Airlines 7,953 5,912 2,041 34.5% 63,247 57,083 6,164 10.8% Korean Air 4,479 4,248 231 5.4% 48,658 44,775 3,883 8.7% Lufthansa German-PAX 16,772 14,803 1,969 13.3% 147,630 137,790 9,840 7.1% 1.2% Mexicana Airlines 7,049 4,531 2,518 55.6% 66,326 47,769 18,557 38.8% 0.6% Northwest Airlines *** 6,394 6,169 225 3.6% 56,842 60,661-3,819-6.3% Philippine Airlines(PAL) 9,612 8,407 1,205 14.3% 86,607 79,050 7,557 9.6% 0.7% Singapore Airlines 14,044 13,077 967 7.4% 133,528 133,452 76 0.1% 1.1% Taca Intl Airlines 4,479 4,171 308 7.4% 46,820 41,115 5,705 13.9% United Airlines *** 112,829 111,074 1,755 1.6% 910,964 974,435-63,471-6.5% 7.6% United International 'BE' 9,735 0 9,735 117,162 0 117,162 1.0% Virgin Atlantic Airways 9,670 10,524-854 -8.1% 85,407 88,412-3,005-3.4% 0.7% WestJet Airlines 1,500 0 1,500 6,243 0 6,243 0.1% Subtotal: 328,988 295,448 33,540 11.4% 2,870,472 2,710,946 159,526 5.9% 23.9% INTERNATIONAL TOTAL: 328,988 295,448 33,540 11.4% 2,870,472 2,710,946 159,526 5.9% 23.9% GRAND TOTAL: 1,345,121 1,264,333 80,788 6.4% 11,993,897 11,189,655 804,242 7.2% 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 March 2005 Mar 2005 Mar 2004 Difference Fiscal Year-to-Date Comparison % Change FY04/05 FY03/04 Difference % Change Mkt. Share AirTran Airways, Inc. 6,350 3,788 2,562 67.6% 51,183 14,965 36,218 242.0% America West Airlines 35,258 42,127-6,869-16.3% 375,806 344,667 31,139 9.0% 3.1% American Trans Air 21,269 35,207-13,938-39.6% 293,624 344,565-50,941-14.8% 2.4% Frontier Airlines 14,519 10,891 3,628 33.3% 111,226 105,698 5,528 5.2% 0.9% Horizon Air 4,178 5,086-908 -17.9% 37,248 43,755-6,507-14.9% 0.3% United 'TED' Domestic 'BF' 58,637 0 58,637 441,736 0 441,736 3.6% Subtotal: 140,211 97,099 43,112 44.4% 1,310,823 853,650 457,173 53.6% 10.8% DOMESTIC: OTHER CARRIERS Alaska-Domestic *** 30,657 23,151 7,506 32.4% 275,427 241,323 34,104 14.1% 2.3% American Airlines 125,553 111,990 13,563 12.1% 1,094,902 957,161 137,741 14.4% 9.0% American Eagle Airlines, Inc. 5,094 4,803 291 6.1% 44,614 35,602 9,012 25.3% Atlantic Southeast Airlines 1,721 0 1,721 3,117 0 3,117 Casino Express 0 63-63 -10 0 63-63 -10 Comair, Inc. 0 0 0 9,822 0 9,822 0.1% Continental Airlines 44,869 45,477-608 -1.3% 416,051 421,795-5,744-1.4% 3.4% DB AIR Limited 0 54-54 -10 0 120-120 -10 Delta Airlines 67,310 65,886 1,424 2.2% 653,014 582,031 70,983 12.2% 5.4% Hawaiian Airlines Inc. 6,964 7,355-391 -5.3% 63,626 64,131-505 -0.8% Mesa Airlines 0 1,212-1,212-10 5,471 1,311 4,160 317.3% Miami Air 137 0 137 941 0 941 Midwest Express Airlines 2,820 0 2,820 24,685 23,068 1,617 7.0% 0.2% MN Airlines,LLC dba SunCountry 3,289 0 3,289 25,457 0 25,457 0.2% Northwest-Domestic *** 47,257 37,692 9,565 25.4% 396,985 346,406 50,579 14.6% 3.3% OMNI 0 0 0 0 219-219 -10 Skywest/Delta Connection * 4,988 1,345 3,643 270.9% 27,790 14,964 12,826 85.7% 0.2% Skywest/United Express * 100,103 86,732 13,371 15.4% 783,264 717,790 65,474 9.1% 6.4% Sun Country Airlines 0 0 0 0 6,190-6,190-10 United Domestic 'BE' 24,157 25,821-1,664-6.4% 232,915 227,233 5,682 2.5% 1.9% United Domestic 'BF' 336,105 421,943-85,838-20.3% 3,364,340 3,713,205-348,865-9.4% 27.7% United Domestic @IC/IG 22,157 0 22,157 190,306 0 190,306 1.6% US Airways, Inc. (USAir) 36,067 30,318 5,749 19.0% 345,006 297,624 47,382 15.9% 2.8% World Airways-DOM 0 0 0 165 0 165 Subtotal: 859,248 863,842-4,594-7,957,898 7,650,236 307,662 4.0% 65.5% DOMESTIC TOTAL: 999,459 960,941 38,518 4.0% 9,268,721 8,503,886 764,835 9.0% 76.3% INTERNATIONAL TRAFFIC: Aeroflot Russian Int'l. Airlines 0 662-662 -10 0 10,184-10,184-10 Air Canada 20,747 19,524 1,223 6.3% 202,419 182,646 19,773 10.8% 1.7% Air China (CAAC) 4,132 3,621 511 14.1% 43,591 38,551 5,040 13.1% Air France 7,358 6,536 822 12.6% 73,245 72,078 1,167 1.6% 0.6% Air New Zealand 4,718 0 4,718 36,968 0 36,968 0.3% Alaska Airlines *** 6,324 3,832 2,492 65.0% 50,904 60,623-9,719-16.0% Alaska Int'l. Mexico 9,723 5,990 3,733 62.3% 73,705 60,000 13,705 22.8% 0.6% All Nippon Airways Co. LTD 5,499 5,698-199 -3.5% 53,867 52,878 989 1.9% Allegiant Air 95 0 95 95 0 95 American Trans Air - IT 0 683-683 -10 5,373 6,132-759 -12.4% Asiana Airlines, Inc. 4,571 3,835 736 19.2% 40,296 39,492 804 2.0% 0.3% BelAir Airlines LLC 0 0 0 1,192 0 1,192 British Airways 16,294 17,465-1,171-6.7% 153,566 155,411-1,845-1.2% 1.3% Cathay Pacific Airways 11,188 10,627 561 5.3% 94,837 88,323 6,514 7.4% 0.8% China Airlines 10,658 9,483 1,175 12.4% 88,471 85,498 2,973 3.5% 0.7% EVA Airways Corporation 11,070 9,871 1,199 12.1% 89,113 87,814 1,299 1.5% 0.7% HMY Airways 0 170-170 -10 0 170-170 -10 Icelandair 0 0 0 0 246-246 -10 Japan Airlines(JAL) 8,200 7,870 330 4.2% 72,412 74,881-2,469-3.3% 0.6% KLM Royal Dutch Airlines 8,099 6,080 2,019 33.2% 65,731 60,570 5,161 8.5% Korean Air 4,855 4,984-129 -2.6% 52,470 51,518 952 1.8% Lufthansa German-PAX 16,502 14,470 2,032 14.0% 153,188 139,863 13,325 9.5% 1.3% Mexicana Airlines 6,384 4,815 1,569 32.6% 53,212 44,291 8,921 20.1% Northwest Airlines *** 6,727 7,629-902 -11.8% 57,441 64,223-6,782-10.6% Philippine Airlines(PAL) 11,084 9,678 1,406 14.5% 95,478 74,459 21,019 28.2% 0.8% Singapore Airlines 16,383 15,447 936 6.1% 138,238 139,165-927 -0.7% 1.1% Taca Intl Airlines 4,034 4,104-70 -1.7% 45,204 40,180 5,024 12.5% United Airlines *** 115,067 110,137 4,930 4.5% 932,091 978,608-46,517-4.8% 7.7% United International 'BE' 9,286 0 9,286 120,380 0 120,380 1.0% Virgin Atlantic Airways 9,862 9,812 50 85,482 87,815-2,333-2.7% 0.7% WestJet Airlines 1,766 0 1,766 7,034 0 7,034 0.1% World Airways, Inc. 0 0 0 109 0 109 Subtotal: 330,626 293,023 37,603 12.8% 2,886,112 2,695,619 190,493 7.1% 23.7% INTERNATIONAL TOTAL: 330,626 293,023 37,603 12.8% 2,886,112 2,695,619 190,493 7.1% 23.7% GRAND TOTAL: 1,330,085 1,253,964 76,121 6.1% 12,154,833 11,199,505 955,328 8.5% 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 March 2005 Mar 2005 Mar 2004 Difference Fiscal Year-to-Date Comparison % Change FY04/05 FY03/04 Difference % Change Mkt. Share AirTran Airways, Inc. 12,615 7,364 5,251 71.3% 102,751 29,233 73,518 251.5% America West Airlines 73,462 85,653-12,191-14.2% 752,911 694,580 58,331 8.4% 3.1% American Trans Air 46,369 71,294-24,925-35.0% 594,055 680,940-86,885-12.8% 2.5% Frontier Airlines 28,150 21,246 6,904 32.5% 218,227 207,149 11,078 5.3% 0.9% Horizon Air 8,737 10,233-1,496-14.6% 75,427 85,102-9,675-11.4% 0.3% United 'TED' Domestic 'BF' 119,034 0 119,034 882,353 0 882,353 3.7% Subtotal: 288,367 195,790 92,577 47.3% 2,625,724 1,697,004 928,720 54.7% 10.9% DOMESTIC: OTHER CARRIERS Alaska-Domestic *** 69,228 52,971 16,257 30.7% 594,236 527,182 67,054 12.7% 2.5% American Airlines 253,418 223,057 30,361 13.6% 2,182,450 1,902,239 280,211 14.7% 9.0% American Eagle Airlines, Inc. 10,424 9,488 936 9.9% 88,310 70,046 18,264 26.1% Atlantic Southeast Airlines 2,965 0 2,965 5,517 0 5,517 Casino Express 0 63-63 -10 0 63-63 -10 Comair, Inc. 0 0 0 18,344 0 18,344 0.1% Continental Airlines 90,530 91,426-896 -1.0% 829,045 844,996-15,951-1.9% 3.4% DB AIR Limited 0 54-54 -10 0 153-153 -10 Delta Airlines 137,912 133,204 4,708 3.5% 1,307,309 1,158,969 148,340 12.8% 5.4% Hawaiian Airlines Inc. 14,037 14,579-542 -3.7% 128,496 128,096 400 0.3% Mesa Airlines 0 2,584-2,584-10 12,027 2,789 9,238 331.2% Miami Air 137 0 137 1,753 0 1,753 Midwest Express Airlines 5,652 0 5,652 49,360 46,083 3,277 7.1% 0.2% MN Airlines,LLC dba SunCountry 6,282 0 6,282 50,556 0 50,556 0.2% Northwest-Domestic *** 95,022 74,948 20,074 26.8% 791,020 705,372 85,648 12.1% 3.3% OMNI 0 0 0 0 381-381 -10 Skywest/Delta Connection * 10,236 2,248 7,988 355.3% 54,391 33,225 21,166 63.7% 0.2% Skywest/United Express * 200,871 173,282 27,589 15.9% 1,574,629 1,440,950 133,679 9.3% 6.5% Sun Country Airlines 0 0 0 0 12,454-12,454-10 United Domestic 'BE' 47,703 50,272-2,569-5.1% 452,016 439,340 12,676 2.9% 1.9% United Domestic 'BF' 681,714 843,561-161,847-19.2% 6,701,775 7,370,655-668,880-9.1% 27.8% United Domestic @IC/IG 25,643 0 25,643 221,030 0 221,030 0.9% US Airways, Inc. (USAir) 75,451 62,299 13,152 21.1% 703,993 602,598 101,395 16.8% 2.9% World Airways-DOM 0 0 0 165 0 165 Subtotal: 1,727,225 1,734,036-6,811-15,766,422 15,285,591 480,831 3.1% 65.3% DOMESTIC TOTAL: 2,015,592 1,929,826 85,766 4.4% 18,392,146 16,982,595 1,409,551 8.3% 76.2% INTERNATIONAL TRAFFIC: Aeroflot Russian Int'l. Airlines 0 1,340-1,340-10 0 18,661-18,661-10 Air Canada 42,533 39,803 2,730 6.9% 405,653 363,863 41,790 11.5% 1.7% Air China (CAAC) 8,529 8,040 489 6.1% 85,792 77,623 8,169 1 Air France 15,500 13,640 1,860 13.6% 148,277 142,201 6,076 4.3% 0.6% Air New Zealand 7,962 0 7,962 74,513 0 74,513 0.3% Alaska Airlines *** 13,166 9,213 3,953 42.9% 104,989 127,308-22,319-17.5% Alaska Int'l. Mexico 21,641 14,604 7,037 48.2% 163,412 139,073 24,339 17.5% 0.7% All Nippon Airways Co. LTD 11,341 11,187 154 1.4% 106,649 105,375 1,274 1.2% Allegiant Air 95 0 95 95 0 95 American Trans Air - IT 0 1,375-1,375-10 10,660 12,417-1,757-14.1% Asiana Airlines, Inc. 9,518 8,256 1,262 15.3% 80,971 78,759 2,212 2.8% 0.3% BelAir Airlines LLC 0 0 0 2,720 0 2,720 British Airways 34,590 34,911-321 -0.9% 308,426 305,997 2,429 0.8% 1.3% Cathay Pacific Airways 21,326 20,272 1,054 5.2% 184,073 180,355 3,718 2.1% 0.8% China Airlines 21,398 20,021 1,377 6.9% 178,133 178,022 111 0.1% 0.7% EVA Airways Corporation 21,360 19,490 1,870 9.6% 180,181 179,261 920 0.7% HMY Airways 0 170-170 -10 0 170-170 -10 Icelandair 0 0 0 0 492-492 -10 Japan Airlines(JAL) 16,090 16,077 13 0.1% 146,548 151,754-5,206-3.4% 0.6% KLM Royal Dutch Airlines 16,052 11,992 4,060 33.9% 128,978 117,653 11,325 9.6% Korean Air 9,334 9,232 102 1.1% 101,128 96,293 4,835 5.0% Lufthansa German-PAX 33,274 29,273 4,001 13.7% 300,818 277,653 23,165 8.3% 1.2% Mexicana Airlines 13,433 9,346 4,087 43.7% 119,538 92,060 27,478 29.8% Northwest Airlines *** 13,121 13,798-677 -4.9% 114,283 124,884-10,601-8.5% Philippine Airlines(PAL) 20,696 18,085 2,611 14.4% 182,085 153,509 28,576 18.6% 0.8% Singapore Airlines 30,427 28,524 1,903 6.7% 271,766 272,617-851 -0.3% 1.1% Taca Intl Airlines 8,513 8,275 238 2.9% 92,024 81,295 10,729 13.2% United Airlines *** 227,896 221,211 6,685 3.0% 1,843,055 1,953,043-109,988-5.6% 7.6% United International 'BE' 19,021 0 19,021 237,542 0 237,542 1.0% Virgin Atlantic Airways 19,532 20,336-804 -4.0% 170,889 176,227-5,338-3.0% 0.7% WestJet Airlines 3,266 0 3,266 13,277 0 13,277 0.1% World Airways, Inc. 0 0 0 109 0 109 Subtotal: 659,614 588,471 71,143 12.1% 5,756,584 5,406,565 350,019 6.5% 23.8% INTERNATIONAL TOTAL: 659,614 588,471 71,143 12.1% 5,756,584 5,406,565 350,019 6.5% 23.8% GRAND TOTAL: 2,675,206 2,518,297 156,909 6.2% 24,148,730 22,389,160 1,759,570 7.9% 10 *Commuter Airlines **Seasonal/Charter Airlines *** Provides international and domestic air passenger service at the Airport.

SAN FRANCISCO INTERNATIONAL AIRPORT INTERNATIONAL ENPLANED AND DEPLANED FISCAL YEAR 2004/05 vs 2003/04 2004/05 2003/04 JUL 745,571 651,442 14.4% AUG 742,021 707,806 4.8% SEP 634,557 587,641 8.0% OCT 623,218 583,131 6.9% NOV 563,142 562,026 0.2% DEC 620,422 608,100 2.0% JAN 639,695 605,314 5.7% FEB 528,344 512,634 3.1% MAR 659,614 588,471 12.1% Total 5,756,584 5,406,565 6.5% Variance % 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

SAN FRANCISCO INTERNATIONAL AIRPORT DOMESTIC ENPLANED AND DEPLANED FISCAL YEAR 2004/05 vs 2003/04 2004/05 2003/04 Variance % JUL 2,442,571 2,213,684 10.3% AUG 2,435,801 2,246,745 8.4% SEP 2,034,449 1,757,982 15.7% OCT 2,158,564 1,902,548 13.5% NOV 1,921,976 1,791,762 7.3% DEC 1,986,615 1,915,318 3.7% JAN 1,762,501 1,626,876 8.3% FEB 1,634,077 1,597,854 2.3% MAR 2,015,592 1,929,826 4.4% Total 18,392,146 16,982,595 8.3% 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

SAN FRANCISCO INTERNATIONAL AIRPORT INTERNATIONAL ENPLANED AND DEPLANED FISCAL YEAR 2004/05 vs 2003/04 2004/05 2003/04 JUL 745,571 651,442 14.4% AUG 742,021 707,806 4.8% SEP 634,557 587,641 8.0% OCT 623,218 583,131 6.9% NOV 563,142 562,026 0.2% DEC 620,422 608,100 2.0% JAN 639,695 605,314 5.7% FEB 528,344 512,634 3.1% MAR 659,614 588,471 12.1% Total 5,756,584 5,406,565 6.5% Variance % 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

DOMESTIC TRAFFIC: SAN FRANCISCO INTERNATIONAL AIRPORT ANALYSIS OF SCHEDULED AIRLINE TRAFFIC AIRCRAFT LANDED WEIGHT (LBS) March 2005 Fiscal Year -to - Date Mar 2005 Mar 2004 Difference % Change FY04/05 FY03/04 Difference % Change Mkt. Share AirTran Airways, Inc. 6,400,000 4,260,000 2,140,000 50.2% 59,464,000 19,596,000 39,868,000 203.4% 0.3% Alaska-Domestic *** 49,967,400 48,766,200 1,201,200 2.5% 429,491,200 421,714,700 7,776,500 1.8% 2.1% America West Airlines 53,758,700 65,663,300-11,904,600-18.1% 535,463,700 483,590,100 51,873,600 10.7% 2.6% American Airlines 187,460,000 194,566,000-7,106,000-3.7% 1,691,626,000 1,671,948,000 19,678,000 1.2% 8.3% American Eagle Airlines, Inc. 6,897,100 6,884,742 12,358 0.2% 60,473,798 55,119,162 5,354,636 9.7% 0.3% American Trans Air 35,670,000 55,669,600-19,999,600-35.9% 393,345,800 479,434,900-86,089,100-18.0% 1.9% Atlantic Southeast Airlines 1,541,000 0 1,541,000 3,216,000 0 3,216,000 Comair, Inc. 0 0 0 9,776,000 0 9,776,000 Continental Airlines 52,258,600 65,952,000-13,693,400-20.8% 482,828,300 555,540,600-72,712,300-13.1% 2.4% Delta Airlines 98,475,000 113,725,000-15,250,000-13.4% 950,244,000 986,490,000-36,246,000-3.7% 4.7% Frontier Airlines 16,634,000 14,576,000 2,058,000 14.1% 137,687,000 122,238,500 15,448,500 12.6% 0.7% Hawaiian Airlines Inc. 9,920,000 9,920,000 0 87,360,000 88,000,000-640,000-0.7% Horizon Air 5,829,000 7,638,000-1,809,000-23.7% 52,394,000 69,680,000-17,286,000-24.8% 0.3% Mesa Airlines 0 1,876,000-1,876,000-10 8,107,000 2,077,000 6,030,000 290.3% Miami Air 146,000 0 146,000 936,000 0 936,000 Midwest Express Airlines 3,968,000 0 3,968,000 45,641,500 36,704,000 8,937,500 24.4% 0.2% MN Airlines,LLC dba SunCountry 3,946,800 0 3,946,800 38,886,100 0 38,886,100 0.2% Northwest-Domestic *** 54,770,800 51,632,800 3,138,000 6.1% 489,877,400 473,209,400 16,668,000 3.5% 2.4% Skywest/Delta Connection * 5,781,000 1,410,000 4,371,000 31 30,691,000 21,620,000 9,071,000 42.0% 0.2% Skywest/United Express * 120,720,000 107,086,188 13,633,812 12.7% 928,098,784 874,413,566 53,685,218 6.1% 4.6% Sun Country Airlines 0 0 0 0 6,189,000-6,189,000-10 United Domestic 'BF' 658,303,990 737,878,930-79,574,940-10.8% 6,295,255,265 6,543,269,204-248,013,939-3.8% 31.0% US Airways, Inc. (USAir) 46,429,000 41,720,800 4,708,200 11.3% 441,137,500 389,377,500 51,760,000 13.3% 2.2% World Airways-DOM 0 0 0 458,000 0 458,000 Subtotal 1,418,876,390 1,529,225,560-110,349,170-7.2% 13,172,458,347 13,300,211,632-127,753,285-1.0% 64.9% INTERNATIONAL TRAFFIC: Aeroflot Russian Int'l. Airlines 0 3,679,952-3,679,952-10 0 40,919,472-40,919,472-10 Air Canada 29,752,820 30,162,312-409,492-1.4% 271,786,360 273,774,055-1,987,695-0.7% 1.3% Air China (CAAC) 11,970,000 11,969,867 133 115,290,000 110,878,768 4,411,232 4.0% 0.6% Air France 13,922,470 12,645,148 1,277,322 10.1% 132,394,203 131,516,373 877,830 0.7% 0.7% Air New Zealand 8,190,000 0 8,190,000 74,340,000 0 74,340,000 Alaska Airlines *** 11,361,600 11,244,600 117,000 1.0% 100,839,300 107,067,600-6,228,300-5.8% Alaska Int'l. Mexico 16,233,500 15,775,200 458,300 2.9% 123,577,900 122,970,600 607,300 0.6% All Nippon Airways Co. LTD 14,260,000 14,260,000 0 126,040,000 126,500,000-460,000-0.6% American Trans Air - IT 0 792,000-792,000-10 6,102,800 7,722,000-1,619,200-21.0% Asiana Airlines, Inc. 10,944,000 21,600,000-10,656,000-49.3% 120,172,000 174,578,000-54,406,000-31.2% 0.6% BelAir Airlines LLC 0 0 0 2,880,000 0 2,880,000 British Airways 39,060,000 39,060,000 0 343,350,000 338,940,000 4,410,000 1.3% 1.7% Cathay Pacific Airways 19,530,000 19,530,000 0 172,620,000 171,421,000 1,199,000 0.7% 0.9% China Airlines 18,290,000 19,530,000-1,240,000-6.3% 161,740,000 173,250,000-11,510,000-6.6% 0.8% EVA Airways Corporation 34,479,500 32,525,163 1,954,337 6.0% 290,850,125 270,284,102 20,566,023 7.6% 1.4% Japan Airlines(JAL) 45,360,000 44,730,000 630,000 1.4% 388,710,000 388,710,000 0 1.9% KLM Royal Dutch Airlines 12,690,000 10,120,874 2,569,126 25.4% 111,005,630 101,648,778 9,356,852 9.2% Korean Air 23,819,000 26,611,500-2,792,500-1 238,458,500 252,110,000-13,651,500-5.4% 1.2% Lufthansa German-PAX 30,193,780 25,680,555 4,513,225 17.6% 273,190,822 251,034,236 22,156,586 8.8% 1.3% Mexicana Airlines 8,543,300 6,560,200 1,983,100 30.2% 84,895,200 65,074,855 19,820,345 3 Northwest Airlines *** 12,437,200 13,152,000-714,800-5.4% 110,478,200 114,680,000-4,201,800-3.7% Philippine Airlines(PAL) 19,516,560 19,526,622-10,062-0.1% 171,473,362 147,579,744 23,893,618 16.2% 0.8% Singapore Airlines 33,760,054 33,760,054 0 298,395,316 296,964,350 1,430,966 1.5% Taca Intl Airlines 5,119,200 4,550,400 568,800 12.5% 59,013,000 49,059,000 9,954,000 20.3% 0.3% United Airlines *** 238,322,600 204,124,138 34,198,462 16.8% 2,000,277,384 1,764,226,733 236,050,651 13.4% 9.9% Virgin Atlantic Airways 19,530,000 19,530,000 0 171,990,000 168,690,000 3,300,000 2.0% 0.8% WestJet Airlines 2,305,950 0 2,305,950 9,620,570 0 9,620,570 World Airways, Inc. 0 491,500-491,500-10 458,000 1,384,000-926,000-66.9% Subtotal 679,591,534 641,612,085 37,979,449 5.9% 5,959,948,672 5,650,983,666 308,965,006 5.5% 29.4%

DOMESTIC CARGO: Fiscal Year -to - Date Mar 2005 Mar 2004 Difference % Change FY04/05 FY03/04 Difference % Change Mkt. Share ABX Air, Inc. 4,950,000 0 4,950,000 37,257,000 0 37,257,000 0.2% Active Aero Charter 0 0 0 0 1,231,500-1,231,500-10 Allegiant Air 139,500 0 139,500 139,500 0 139,500 Ameriflight, Inc. 379,000 364,000 15,000 4.1% 3,216,600 3,682,500-465,900-12.7% Astar Air Cargo, Inc. 13,103,960 12,842,280 261,680 2.0% 112,563,280 57,261,020 55,302,260 96.6% 0.6% Casino Express 0 97,800-97,800-10 0 97,800-97,800-10 DB AIR Limited 0 328,000-328,000-10 0 656,000-656,000-10 DHL Express 0 0 0 0 51,424,980-51,424,980-10 Evergreen for DHL 0 3,899,800-3,899,800-10 5,370,400 33,402,800-28,032,400-83.9% Express,Net Airlines 0 0 0 0 295,410-295,410-10 Gemini Air Cargo, Inc. 492,000 1,476,000-984,000-66.7% 20,938,000 31,417,000-10,479,000-33.4% 0.1% Kalitta Air, LLC 8,190,000 0 8,190,000 38,430,000 630,000 37,800,000 600 0.2% Kitty Hawk Aircargo Inc. 4,071,500 4,024,000 47,500 1.2% 38,160,500 33,550,500 4,610,000 13.7% 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. 4,410,000 0 4,410,000 21,420,000 0 21,420,000 0.1% TradeWinds Airlines, Inc. 5,670,000 0 5,670,000 30,870,000 0 30,870,000 0.2% Subtotal 41,405,960 23,031,880 18,374,080 79.8% 309,625,280 213,847,510 95,777,770 44.8% 1.5% INTERNATIONAL CARGO: Atlas Air 0 0 0 0 1,962,000-1,962,000-10 Cargo Lux Airlines 5,994,000 5,994,000 0 49,950,000 50,616,000-666,000-1.3% 0.2% Cathay Pacific Cargo 11,988,000 8,658,000 3,330,000 38.5% 85,248,000 69,264,000 15,984,000 23.1% China Airlines Ltd.-Cargo Only 17,982,000 14,328,000 3,654,000 25.5% 154,854,000 123,534,000 31,320,000 25.4% 0.8% China Cargo Airlines 8,015,500 9,429,900-1,414,400-15.0% 70,253,500 63,818,370 6,435,130 10.1% 0.3% Federal Express Corp. 29,449,500 25,817,500 3,632,000 14.1% 242,945,500 269,879,000-26,933,500-1 1.2% HMY Airways 0 198,000-198,000-10 0 198,000-198,000-10 Icelandair 0 0 0 0 267,600-267,600-10 Lufthansa Cargo 0 0 0 0 630,075-630,075-10 Nippon Cargo Airlines 28,980,000 30,870,000-1,890,000-6.1% 260,820,000 267,020,000-6,200,000-2.3% 1.3% Northwest Cargo Int'l. 0 1,260,000-1,260,000-10 0 10,080,000-10,080,000-10 Subtotal 102,409,000 96,555,400 5,853,600 6.1% 864,071,000 857,269,045 6,801,955 0.8% 4.3% Grand Total 2,242,282,884 2,290,424,925-48,142,041-2.1% 20,306,103,299 20,022,311,853 283,791,446 1.4% 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 March 2005 Fiscal Year -to - Date Mar 2005 Mar 2004 Difference % Change FY04/05 FY03/04 Difference % Change Mkt. Share AirTran Airways, Inc. 50 30 20 66.7% 450 138 312 226.1% Alaska-Domestic *** 394 390 4 1.0% 3,413 3,369 44 1.3% 3.0% America West Airlines 394 487-93 -19.1% 3,950 3,531 419 11.9% 3.4% American Airlines 1,032 1,029 3 0.3% 9,304 8,852 452 5.1% 8.1% American Eagle Airlines, Inc. 167 167 0 1,466 1,337 129 9.6% 1.3% American Trans Air 158 278-120 -43.2% 2,052 2,426-374 -15.4% 1.8% Atlantic Southeast Airlines 23 0 23 48 0 48 Comair, Inc. 0 0 0 208 0 208 0.2% Continental Airlines 368 449-81 -18.0% 3,288 3,659-371 -10.1% 2.8% Delta Airlines 479 603-124 -20.6% 5,039 5,017 22 4.4% Frontier Airlines 124 125-1 -0.8% 1,091 1,042 49 4.7% 0.9% Hawaiian Airlines Inc. 31 31 0 273 275-2 -0.7% 0.2% Horizon Air 87 114-27 -23.7% 782 1,040-258 -24.8% 0.7% Mesa Airlines 0 28-28 -10 121 31 90 290.3% 0.1% Miami Air 1 0 1 6 0 6 Midwest Express Airlines 31 0 31 349 285 64 22.5% 0.3% MN Airlines,LLC dba SunCountry 27 0 27 266 0 266 0.2% Northwest-Domestic *** 305 305 0 2,697 2,658 39 1.5% 2.3% Skywest/Delta Connection * 123 30 93 31 653 460 193 42.0% 0.6% Skywest/United Express * 3,122 2,911 211 7.2% 25,186 24,297 889 3.7% 21.8% Sun Country Airlines 0 0 0 0 43-43 -10 United Domestic 'BF' 3,516 3,955-439 -11.1% 33,345 34,934-1,589-4.5% 28.9% US Airways, Inc. (USAir) 296 271 25 9.2% 2,763 2,448 315 12.9% 2.4% World Airways-DOM 0 0 0 1 0 1 Subtotal 10,728 11,203-475 -4.2% 96,751 95,842 909 0.9% 83.8% INTERNATIONAL TRAFFIC: Aeroflot Russian Int'l. Airlines 0 8-8 -10 0 90-90 -10 Air Canada 186 217-31 -14.3% 1,911 1,953-42 -2.2% 1.7% Air China (CAAC) 19 19 0 183 176 7 4.0% 0.2% Air France 31 30 1 3.3% 273 274-1 - 0.2% Air New Zealand 13 0 13 118 0 118 0.1% Alaska Airlines *** 92 89 3 3.4% 811 865-54 -6.2% 0.7% Alaska Int'l. Mexico 123 122 1 0.8% 967 974-7 -0.7% 0.8% All Nippon Airways Co. LTD 31 31 0 274 275-1 - 0.2% American Trans Air - IT 0 4-4 -10 35 39-4 -10.3% Asiana Airlines, Inc. 22 38-16 -42.1% 229 311-82 -26.4% 0.2% BelAir Airlines LLC 0 0 0 9 0 9 British Airways 62 62 0 545 538 7 1.3% Cathay Pacific Airways 31 31 0 274 275-1 - 0.2% China Airlines 31 31 0 274 275-1 - 0.2% EVA Airways Corporation 58 54 4 7.4% 487 442 45 10.2% Japan Airlines(JAL) 72 71 1 1.4% 617 617 0 KLM Royal Dutch Airlines 27 23 4 17.4% 246 231 15 6.5% 0.2% Korean Air 43 52-9 -17.3% 449 488-39 -8.0% Lufthansa German-PAX 55 45 10 22.2% 470 460 10 2.2% Mexicana Airlines 61 47 14 29.8% 605 461 144 31.2% Northwest Airlines *** 31 32-1 -3.1% 273 278-5 -1.8% 0.2% Philippine Airlines(PAL) 35 32 3 9.4% 301 287 14 4.9% 0.3% Singapore Airlines 62 62 0 548 546 2 Taca Intl Airlines 36 32 4 12.5% 415 345 70 20.3% United Airlines *** 607 498 109 21.9% 4,904 4,387 517 11.8% 4.2% Virgin Atlantic Airways 31 31 0 273 273 0 0.2% WestJet Airlines 18 0 18 75 0 75 0.1% World Airways, Inc. 0 1-1 -10 1 3-2 -66.7% Subtotal 1,777 1,662 115 6.9% 15,567 14,863 704 4.7% 13.5%

Fiscal Year -to - Date DOMESTIC CARGO: Mar 2005 Mar 2004 Difference % Change FY04/05 FY03/04 Difference % Change Mkt. Share ABX Air, Inc. 45 0 45 324 0 324 0.3% Active Aero Charter 0 0 0 0 3-3 -10 Allegiant Air 1 0 1 1 0 1 Ameriflight, Inc. 26 26 0 228 254-26 -10.2% 0.2% Astar Air Cargo, Inc. 66 66 0 566 301 265 88.0% Casino Express 0 1-1 -10 0 1-1 -10 DB AIR Limited 0 2-2 -10 0 4-4 -10 DHL Express 0 0 0 0 264-264 -10 Evergreen for DHL 0 45-45 -10 63 384-321 -83.6% 0.1% Express,Net Airlines 0 0 0 0 1-1 -10 Gemini Air Cargo, Inc. 1 3-2 -66.7% 44 64-20 -31.3% Kalitta Air, LLC 13 0 13 61 1 60 0.1% Kitty Hawk Aircargo Inc. 25 25 0 237 207 30 14.5% 0.2% Northwest Cargo Dom 0 0 0 2 0 2 OMNI 0 0 0 0 1-1 -10 Southern Air Inc. 7 0 7 34 0 34 TradeWinds Airlines, Inc. 9 0 9 49 0 49 Subtotal 193 168 25 14.9% 1,609 1,485 124 8.4% 1.4% INTERNATIONAL CARGO: Atlas Air 0 0 0 0 3-3 -10 Cargo Lux Airlines 9 9 0 75 76-1 -1.3% 0.1% Cathay Pacific Cargo 18 13 5 38.5% 128 104 24 23.1% 0.1% China Airlines Ltd.-Cargo Only 27 22 5 22.7% 233 191 42 22.0% 0.2% China Cargo Airlines 17 20-3 -15.0% 149 133 16 12.0% 0.1% Federal Express Corp. 72 64 8 12.5% 592 649-57 -8.8% HMY Airways 0 1-1 -10 0 1-1 -10 Icelandair 0 0 0 0 1-1 -10 Lufthansa Cargo 0 0 0 0 1-1 -10 Nippon Cargo Airlines 46 49-3 -6.1% 414 424-10 -2.4% Northwest Cargo Int'l. 0 2-2 -10 0 16-16 -10 Subtotal 189 180 9 5.0% 1,591 1,599-8 - 1.4% Grand Total 12,887 13,213-326 -2.5% 115,518 113,789 1,729 1.5% 10 *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 CARGO TONNAGE (ENPLANED & DEPLANED MAIL AND FREIGHT IN METRIC TONS) March 2005 Fiscal Year -to - Date Mar 2005 Mar 2004 Difference % Change FY04/05 FY03/04 Difference % Change Mkt. Share ABX Air, Inc. 54 0 54 604 0 604 0.1% Active Aero Charter 0 0 0 0 252-252 -10 Alaska-Domestic *** 170 245-75 -30.6% 1,664 1,699-35 -2.1% America West Airlines 259 207 53 25.6% 2,326 1,688 638 37.8% American Airlines 2,612 2,615-4 -0.1% 22,495 23,970-1,475-6.2% 5.1% American Eagle Airlines, Inc. 0 0 0 0 0 0 American Trans Air 295 232 63 27.2% 2,728 3,015-287 -9.5% 0.6% Ameriflight, Inc. 31 35-4 -11.4% 275 320-45 -14.1% 0.1% Astar Air Cargo, Inc. 1,523 1,670-147 -8.8% 17,480 5,832 11,649 199.7% 4.0% Atlantic Southeast Airlines 0 0 0 0 0 0 Comair, Inc. 0 0 0 2 0 2 Continental Airlines 575 575 0 5,630 5,892-262 -4.4% 1.3% Delta Airlines 1,750 1,888-139 -7.3% 18,147 17,949 198 1.1% 4.1% DHL Express 0 0 0 0 6,132-6,132-10 Evergreen for DHL 0 640-640 -10 858 2,300-1,442-62.7% 0.2% Express,Net Airlines 0 0 0 0 34-34 -10 Federal Express Corp. 7,852 6,937 915 13.2% 65,745 52,137 13,608 26.1% 15.0% Frontier Airlines 68 106-38 -36.1% 534 1,047-512 -48.9% 0.1% Gemini Air Cargo 78 260-182 -69.9% 3,816 5,780-1,963-34.0% 0.9% Hawaiian Airlines Inc. 224 242-17 -7.2% 1,972 2,506-533 -21.3% Horizon Air 15 12 3 29.0% 143 112 31 28.0% Kalitta Air, LLC 1,447 0 1,447 5,243 50 5,193 10358.0% 1.2% Kitty Hawk Aircargo Inc. 572 669-98 -14.6% 5,926 5,360 566 10.6% 1.3% Midwest Express Airlines 43 0 43 278 113 165 145.5% 0.1% MN Airlines,LLC dba SunCountry 14 0 14 32 0 32 Northwest Cargo Dom 0 204-204 -10 773 204 569 278.3% 0.2% Northwest-Domestic *** 207 0 207 943 2,651-1,708-64.4% 0.2% Skywest/Delta Connection * 0 0 0 156.8% 2 6-5 -73.3% Southern Air Inc. 0 0 0 1,483 0 1,483 0.3% TradeWinds Airlines, Inc. 1,066 0 1,066 4,008 0 4,008 0.9% United Domestic 'BF' 5,813 4,133 1,680 40.7% 47,694 45,562 2,133 4.7% 10.8% US Airways, Inc. (USAir) 117 229-112 -48.8% 1,735 1,964-229 -11.7% Subtotal 24,785 20,899 3,886 18.6% 212,541 186,576 25,965 13.9% 48.3%

INTERNATIONAL TRAFFIC: Fiscal Year -to - Date Mar 2005 Mar 2004 Difference % Change FY04/05 FY03/04 Difference % Change Mkt. Share Aeroflot Russian Int'l. Airlines 0 72-72 -10 0 389-389 -10 Air Canada 227 151 76 5 1,467 1,288 179 13.9% 0.3% Air China (CAAC) 708 641 67 1 5,807 5,532 274 5.0% 1.3% Air France 686 560 126 22.5% 4,964 4,317 647 15.0% 1.1% Air New Zealand 222 0 222 1,975 0 1,975 Alaska Airlines *** 34 9 25 276.5% 376 360 17 4.6% 0.1% Alaska Int'l. Mexico 54 56-2 -4.0% 450 475-25 -5.2% 0.1% All Nippon Airways Co. LTD 629 650-21 -3.2% 5,734 5,700 35 0.6% 1.3% Asiana Airlines, Inc. 1,432 1,203 229 19.0% 10,840 11,689-850 -7.3% 2.5% Atlas Air 0 0 0 0 166-166 -10 British Airways 1,338 1,022 316 30.9% 10,006 8,675 1,331 15.3% 2.3% Cargo Lux Airlines 928 884 44 5.0% 6,622 6,562 60 0.9% 1.5% Cathay Pacific Airways 224 242-18 -7.6% 2,552 2,510 42 1.7% 0.6% Cathay Pacific Cargo 792 526 266 50.6% 6,268 4,247 2,021 47.6% 1.4% China Airlines 2,462 1,972 490 24.8% 19,318 15,270 4,048 26.5% 4.4% China Cargo Airlines 466 351 115 32.8% 4,056 2,138 1,917 89.7% 0.9% EVA Airways Corporation 1,831 1,856-25 -1.4% 15,097 13,393 1,704 12.7% 3.4% Evergreen for DHL 0 0 0 0 2,946-2,946-10 Federal Express Corp. 0 1,109-1,109-10 5,122 11,398-6,276-55.1% 1.2% Japan Airlines(JAL) 2,126 2,539-413 -16.3% 19,973 19,389 584 3.0% 4.5% KLM Royal Dutch Airlines 0 0 0 0 3,889-3,889-10 Korean Air 1,279 1,917-638 -33.3% 13,563 18,543-4,980-26.9% 3.1% Lufthansa Cargo 0 0 0 0 66-66 -10 Lufthansa German-PAX 829 485 344 70.9% 6,507 6,009 498 8.3% 1.5% Nippon Cargo Airlines 1,590 1,729-138 -8.0% 15,147 14,478 669 4.6% 3.4% Northwest Airlines *** 532 0 532 2,527 2,344 183 7.8% 0.6% Northwest Cargo Int'l. 0 911-911 -10 2,471 4,574-2,103-46.0% 0.6% Philippine Airlines(PAL) 287 335-48 -14.3% 4,520 3,078 1,442 46.9% 1.0% Singapore Airlines 673 695-21 -3.0% 5,677 5,764-88 -1.5% 1.3% Southern Air Inc. 544 0 544 840 0 840 0.2% Taca Intl Airlines 6 5 1 10.2% 73 57 15 26.1% United Airlines *** 5,841 5,071 770 15.2% 50,256 41,934 8,322 19.8% 11.4% United International 'BE' 22 0 22 267 0 267 0.1% Virgin Atlantic Airways 573 615-42 -6.8% 4,697 5,012-316 -6.3% 1.1% World Airways, Inc. 0 49-49 -10 0 203-203 -10 Subtotal 26,334 25,655 679 2.6% 227,171 222,396 4,775 2.1% 51.7% Grand Total 51,119 46,554 4,565 9.8% 439,711 408,971 30,740 7.5% 10 *Commuter Airlines **Seasonal/Charter Airlines *** Provides international and domestic air passenger service at the Airport.

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 43,409 5.5% AUG 46,651 50,926-8.4% SEP 48,745 43,799 11.3% OCT 52,037 50,610 2.8% NOV 48,364 45,673 5.9% DEC 49,996 46,453 7.6% JAN 47,519 39,879 19.2% FEB 49,485 41,668 18.8% MAR 51,119 46,554 9.8% Total 439,711 408,971 7.5% 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