DENVER INTERNATIONAL AIRPORT. TOTAL OPERATIONS AND TRAFFIC October 2017

October YEAR TO DATE % of % of % Grand % Grand cr./ cr./ cr./ cr./ 2017 2016 Decr. Decr. 2017 2017 2016 Decr. Decr. 2017 OPERATIONS (1) Air Carrier 38,762 38,970 (208) -0.5% 79.6% 388,620 371,427 17,193 4.6% 79.5% Air Taxi 9,578 10,575 (997) -9.4% 19.7% 96,818 103,212 (6,394) -6.2% 19.8% General Aviation 344 357 (13) -3.6% 0.7% 3,435 3,659 (224) -6.1% 0.7% Military 8 5 3 60.0% 0.0% 55 125 (70) -56.0% 0.0% TOTAL 48,692 49,907 (1,215) -2.4% 100.0% 488,928 478,423 10,505 2.2% 100.0% PASSENGERS (2) ternational (3) bound 61,844 58,710 3,134 5.3% 739,084 670,850 68,234 10.2% bound 58,976 56,774 2,202 3.9% 712,341 654,658 57,683 8.8% TOTAL 120,820 115,484 5,336 4.6% 2.3% 1,451,425 1,325,508 125,917 9.5% 2.8% ternational/pre-cleared bound 33,707 27,633 6,074 22.0% 344,446 301,356 43,090 14.3% bound 32,933 26,347 6,586 25.0% 347,505 303,611 43,894 14.5% TOTAL 66,640 53,980 12,660 23.5% 1.3% 691,951 604,967 86,984 14.4% 1.3% ALL ternational TOTAL (t'l + t'l/pre-cleared) DENVER INTERNATIONAL AIRPORT TOTAL OPERATIONS AND TRAFFIC October 2017 187,460 169,464 17,996 10.6% 3.5% 2,143,376 1,930,475 212,901 11.0% 4.2% Majors (4) bound 2,147,043 2,106,705 40,338 1.9% 20,860,861 19,329,787 1,531,074 7.9% bound 2,180,941 2,136,428 44,513 2.1% 20,951,038 19,409,934 1,541,104 7.9% TOTAL 4,327,984 4,243,133 84,851 2.0% 81.9% 41,811,899 38,739,721 3,072,178 7.9% 81.2% National (5) bound 63,588 68,057 (4,469) -6.6% 650,620 684,116 (33,496) -4.9% bound 63,762 68,845 (5,083) -7.4% 644,812 676,787 (31,975) -4.7% TOTAL 127,350 136,902 (9,552) -7.0% 2.4% 1,295,432 1,360,903 (65,471) -4.8% 2.5% Regionals (6) bound 321,288 340,840 (19,552) -5.7% 3,129,394 3,361,438 (232,044) -6.9% bound 318,865 334,906 (16,041) -4.8% 3,133,467 3,345,834 (212,367) -6.3% TOTAL 640,153 675,746 (35,593) -5.3% 12.1% 6,262,861 6,707,272 (444,411) -6.6% 12.2% Supplementals (7) bound 0 421 (421) -100.0% 1,008 3,473 (2,465) -71.0% bound 0 411 (411) -100.0% 778 3,550 (2,772) -78.1% TOTAL 0 832 (832) -100.0% 0.0% 1,786 7,023 (5,237) -74.6% 0.0% GRAND TOTAL PASSENGERS 5,282,947 5,226,077 56,870 1.1% 100.0% 51,515,354 48,745,394 2,769,960 5.7% 100.0% CARGO BY TYPE (LBS) (8) bound 2,920,628 2,867,351 53,277 1.9% 27,146,356 20,285,774 6,860,582 33.8% bound 2,570,548 2,378,624 191,924 8.1% 22,714,306 17,461,602 5,252,704 30.1% TOTAL 5,491,176 5,245,975 245,201 4.7% 10.9% 49,860,662 37,747,376 12,113,286 32.1% 10.4% bound 27,145,834 24,989,931 2,155,903 8.6% 256,481,127 242,244,032 14,237,095 5.9% bound 17,911,693 17,597,780 313,913 1.8% 171,644,521 171,006,922 637,599 0.4% TOTAL 45,057,527 42,587,711 2,469,816 5.8% 89.1% 428,125,648 413,250,954 14,874,694 3.6% 89.6% CARGO BY CARRIER Cargo 34,985,835 33,344,867 1,640,968 4.9% 69.2% 339,115,547 344,527,806 (5,412,259) -1.6% 70.9% Passenger 15,562,868 14,488,819 1,074,049 7.4% 30.8% 138,870,763 106,470,524 32,400,239 30.4% 29.1% TOTAL 50,548,703 47,833,686 2,715,017 5.7% 100.0% 477,986,310 450,998,330 26,987,980 6.0% 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 t'l., GoJet t'l., Icelandair ehf, terjet, Lufthansa, Southwest Airlines t'l. (3) Shuttle America/UAX t'l., SkyWest/UAX t'l., Concesionaria Vuela/Volaris, United t'l., Sky Regional Airlines, Republic/UAX t'l, Jazz Aviation, Norwegian Air Shuttle (4) Allegiant Air, Alaska, American, Delta, Frontier, MN Airlines, LLC/Sun Country, Southwest, United, US Airways, Virgin America c. (5) Jet Blue, Spirit Airlines. (6) Aerodynamics, c., American Eagle, Boutique Air, Comair/Delta Connection, Compass Air, Denver Air Connection, Jet/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, Via Airlines LLC (7) Elite Airways, Xtra Airways, Miami Air (8) For Detail see Attached Cargo Report. Page 1

DENVER INTERNATIONAL AIRPORT TOTAL PASSENGERS BY AIRLINE October 2017 October 2017 vs. 2016 Year To Date % % crease/ cr./ Mkt Share Mkt Share crease/ cr/ Airline (1) 2017 2016 Decr. 2017 2017 2016 2016 Decr. American Airlines, c. 293,116 248,701 44,415 17.9% 2,771,004 5.38% 2,554,008 5.24% 216,996 8.5% Compass/American Eagle 0 21,625 (21,625) -100.0% 58,459 0.10% 205,844 0.40% (147,385) -71.6% Envoy (formerly American Eagle) 0 0 0 0.0% 360 0.00% 875 0.00% (515) -58.9% Mesa/American Eagle 0 0 0 0.0% 0 0.00% 124 0.00% (124) -100.0% Republic/American Eagle 0 0 0 0.0% 0 0.00% 25,877 0.05% (25,877) -100.0% Skywest/American Eagle 0 0 0 0.0% 53 0.00% 422 0.00% (369) -87.4% American 293,116 270,326 22,790 8.4% 2,829,876 5.48% 2,787,150 5.70% 42,726 1.5% Compass Airlines/Delta Connection 0 16,683 (16,683) -100.0% 74,730 0.15% 104,248 0.21% (29,518) -28.3% Delta Air Lines, c. 267,054 224,582 42,472 18.9% 2,343,495 4.55% 2,130,575 4.37% 212,920 10.0% Endeavor Air/Delta Connection 589 3,384 (2,795) -82.6% 6,588 0.01% 31,319 0.06% (24,731) -79.0% GoJet dba Delta Connection 0 0 0 0.0% 4,097 0.01% 0 0.00% 4,097 100.0% SkyWest/Delta Connection 30,447 16,391 14,056 85.8% 343,302 0.67% 245,584 0.50% 97,718 39.8% Delta 298,090 261,040 37,050 14.2% 2,772,212 5.38% 2,511,726 5.15% 260,486 10.4% Frontier Airlines, c. 524,487 638,693 (114,206) -17.9% 5,793,757 11.25% 5,822,683 11.95% (28,926) -0.5% Frontier t'l 10,295 10,819 (524) -4.8% 148,356 0.29% 152,075 0.31% (3,719) -2.4% Frontier 534,782 649,512 (114,730) -17.7% 5,942,113 11.53% 5,974,758 12.26% (32,645) -0.5% Southwest Airlines Co. 1,581,202 1,529,407 51,795 3.4% 14,952,778 29.03% 14,040,294 28.80% 912,484 6.5% Southwest Airlines Co. t'l. 10,792 17,836 (7,044) -39.5% 226,755 0.44% 219,745 0.45% 7,010 3.2% Southwest 1,591,994 1,547,243 44,751 2.9% 15,179,533 29.47% 14,260,039 29.25% 919,494 6.4% Jet/United 0 0 0 0.0% 430 0.00% 24 0.00% 406 1691.7% GoJet Airlines, LLC 101,806 98,260 3,546 3.6% 939,086 1.82% 895,945 1.84% 43,141 4.8% GoJet t'l. 1,356 4,618 (3,262) -70.6% 52,664 0.10% 42,205 0.09% 10,459 24.8% Republic/United 34,724 33,051 1,673 5.1% 441,379 0.86% 169,015 0.35% 272,364 161.1% Republic/United (t'l) 539 7,744 (7,205) -93.0% 16,259 0.03% 13,326 0.03% 2,933 22.0% Shuttle America Corporation 0 159 (159) -100.0% 247 0.00% 207,529 0.43% (207,282) -99.9% Shuttle America/UAX t'l. 0 0 0 0.0% 0 0.00% 44,810 0.09% (44,810) -100.0% SkyWest Airlines, c. 363,559 387,632 (24,073) -6.2% 3,236,241 6.28% 4,088,013 8.39% (851,772) -20.8% SkyWest Airlines/UAX t'l. 28,188 24,168 4,020 16.6% 205,351 0.40% 181,650 0.37% 23,701 13.0% Trans States Airlines/UAX 94,560 82,795 11,765 14.2% 984,653 1.91% 632,138 1.30% 352,515 55.8% United Air Lines, c. 1,592,342 1,539,538 52,804 3.4% 15,221,782 29.55% 13,588,592 27.88% 1,633,190 12.0% United t'l 26,593 29,894 (3,301) -11.0% 399,957 0.78% 379,570 0.78% 20,387 5.4% United t'l Pre-clear 19,573 3,910 15,663 400.6% 228,915 0.44% 194,643 0.40% 34,272 17.6% United 2,263,240 2,211,769 51,471 2.3% 21,726,964 42.18% 20,437,460 41.93% 1,289,504 6.3% Aerodynamics, c. 4,367 3,425 942 27.5% 34,858 0.07% 7,414 0.02% 27,444 370.2% Aerovias de Mexico S.A. de C.V. 2,752 0 2,752 100.0% 29,339 0.06% 13,383 0.03% 15,956 119.2% Air Canada 10,001 9,564 437 4.6% 127,611 0.25% 94,732 0.19% 32,879 34.7% Air Canada Rouge 0 0 0 0.0% 95 0.00% 0 0.00% 95 100.0% Air Transat (Canada) 0 0 0 0.0% 104 0.00% 0 0.00% 104 100.0% Alaska Airlines, c. 39,303 36,403 2,900 8.0% 448,341 0.87% 422,664 0.87% 25,677 6.1% Allegiant Air, c. 0 0 0 0.0% 0 0.00% 429 0.00% (429) -100.0% Allegiant Air, LLC 2,580 444 2,136 481.1% 17,333 0.03% 444 0.00% 16,889 3803.8% Atlas Air, c. 0 0 0 0.0% 158 0.00% 0 0.00% 158 100.0% Boutique Air, c. 4,944 3,784 1,160 30.7% 46,785 0.09% 19,346 0.04% 27,439 141.8% British Airways, Plc 18,003 15,764 2,239 14.2% 170,326 0.33% 166,702 0.34% 3,624 2.2% Concesionaria Vuela dba Volaris 4,260 3,819 441 11.5% 69,584 0.14% 64,428 0.13% 5,156 8.0% Elite Airways 0 832 (832) -100.0% 1,082 0.00% 3,412 0.01% (2,330) -68.3% Great Lakes Aviation, LTD. 2,437 5,426 (2,989) -55.1% 38,959 0.08% 54,208 0.11% (15,249) -28.1% Icelandair ehf 9,139 9,320 (181) -1.9% 94,736 0.18% 81,888 0.17% 12,848 15.7% terjet 0 0 0 0.0% 0 0.00% 293 0.00% (293) -100.0% Jazz Aviation LP 3,343 0 3,343 100.0% 31,710 0.06% 0 0.00% 31,710 100.0% JetBlue Airways Corporation 27,268 24,075 3,193 13.3% 280,749 0.54% 263,152 0.54% 17,597 6.7% Key Lime dba Denver Air Connection 2,315 2,468 (153) -6.2% 23,994 0.05% 18,326 0.04% 5,668 30.9% Lufthansa German Airlines 34,206 28,032 6,174 22.0% 304,251 0.59% 246,969 0.51% 57,282 23.2% Miami Air ternational, c. 0 0 0 0.0% 0 0.00% 269 0.00% (269) -100.0% Miami Air ternational, c.-t'l. 0 0 0 0.0% 643 0.00% 0 0.00% 643 100.0% Miscellaneous - ternational 0 0 0 0.0% 0 0.00% 157 0.00% (157) -100.0% MN Airlines, LLC dba Sun Country 6,393 6,530 (137) -2.1% 63,944 0.12% 42,963 0.09% 20,981 48.8% Norwegian Air Shuttle ASA Limited 4,780 0 4,780 100.0% 7,374 0.01% 0 0.00% 7,374 100.0% Peninsula Airways c. 0 663 (663) -100.0% 25,987 0.05% 1,021 0.00% 24,966 2445.2% Sierra Pacific Airlines, c. 0 0 0 0.0% 72 0.00% 0 0.00% 72 100.0% Sky Regional Airlines/Air Canada 3,640 3,976 (336) -8.5% 29,346 0.06% 33,601 0.07% (4,255) -12.7% Spirit Airlines, c. 100,082 112,827 (12,745) -11.3% 1,014,683 1.97% 1,097,751 2.25% (83,068) -7.6% Taca Airlines 0 0 0 0.0% 0 0.00% 298 0.00% (298) -100.0% Via Airlines LLC 405 0 405 100.0% 2,653 0.01% 0 0.00% 2,653 100.0% Virgin America c 21,507 18,835 2,672 14.2% 199,465 0.39% 138,171 0.28% 61,294 44.4% Xtra Airways 0 0 0 0.0% 474 0.00% 2,240 0.00% (1,766) -78.8% Other Airlines 301,725 286,187 15,538 5.4% 3,064,656 5.95% 2,774,261 5.69% 290,395 10.5% s 5,282,947 5,226,077 56,870 1.1% 51,515,354 100.00% 48,745,394 100.00% 2,769,960 5.7% Deplaned Passengers 2,627,470 2,602,366 25,104 1.0% 25,725,413 24,351,020 1,374,393 5.6% Enplaned Passengers 2,655,477 2,623,711 31,766 1.2% 25,789,941 24,394,374 1,395,567 5.7% Passengers 5,282,947 5,226,077 56,870 1.1% 51,515,354 48,745,394 2,769,960 5.7% (1) Passenger totals represent revenue and non-revenue passengers as reported by the individual airlines. 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PASSENGERS Thousands 6,500 TOTAL PASSENGER BY MONTH 2017 vs. HISTORICAL 6,000 5,650 5,839 5,727 5,500 5,193 5,271 5,474 5,395 5,097 5,282 5,000 4,812 5,208 5,112 5,226 4,500 4,000 3,500 3,000 4,434 4,289 4,204 4,069 4,689 2016 2017 4,377 4,901 Historical Passenger Record January 2017 = 4,434,862 February 2017 = 4,204,744 March 2017 = 5,193,855 April 2017=4,812,910 May 2017 = 5,271,223 June 2017 = 5,650,682 July 2017 = 5,839,661 August 2017 = 5,727,326 September 2016 = 5,112,271 October 2017 = 5,282,947 November 2016 = 4,695,897 December 2016 = 4,825,224 4,695 4,825 2,500 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Page 3

Airline Market Share - October 2017 American, 6% Other, 6% Delta, 6% United Frontier, 10% United, 43% Southwest Frontier American Southwest, 30% Other Delta Source: Airlines' October 2017 Landing Fee Reports. Note: Percentage total may not add up to 100% due to rounding. Page 4

Cargo Airlines (1) Percent of crease/ Percent crease/ Airline October 2017 Cargo October 2016 2017 vs. 2016 2017 vs. 2016 Alpine Air, c. 63,573 192,575 0 0 256,148 0.5% 177,070 79,078 44.7% Atlas Air/DHL 0 0 77,913 134,326 212,239 0.4% 516,837 (304,598) -58.9% Bemidji Aviation Services, c. 0 0 8,699 47,443 56,142 0.1% 48,934 7,208 14.7% Federal Corporation 0 0 11,610,883 8,481,415 20,092,298 39.7% 19,727,840 364,458 1.8% Southern Air c. 0 0 156,134 5,776 161,910 0.3% 624,213 (462,303) -74.1% United Parcel Service Co. 90,043 137,779 8,264,112 5,715,164 14,207,098 28.1% 12,249,973 1,957,125 16.0% 153,616 330,354 20,117,741 14,384,124 34,985,835 69.2% 33,344,867 1,640,968 4.9% Major and National Carriers Denver ternational Airport Cargo Report October 2017 Alaska Airlines, c. 0 20,167 23,460 7,507 51,134 0.1% 40,085 11,049 27.6% American Airlines, c. 209,801 70,482 91,912 52,220 424,415 0.8% 315,307 109,108 34.6% British Airways, Plc 0 0 577,999 334,631 912,630 1.8% 920,795 (8,165) -0.9% Delta Air Lines, c. 177,113 59,985 177,940 72,464 487,502 1.0% 291,971 195,531 67.0% Icelandair ehf 0 0 13,404 1,141 14,545 0.0% 20,074 (5,529) -27.5% Lufthansa German Airlines 0 0 1,402,803 341,688 1,744,491 3.5% 1,505,332 239,159 15.9% MN Airlines, LLC dba Sun Country 7,571 13,480 1,311 232 22,594 0.0% 13,011 9,583 73.7% Norwegian Air Shuttle ASA Limited 0 0 97,382 0 97,382 0.2% 0 97,382 100.0% Southwest Airlines Co. 0 0 1,624,520 1,270,385 2,894,905 5.7% 2,891,591 3,314 0.1% United Air Lines, c. 2,372,527 2,076,080 2,284,595 1,122,781 7,855,983 15.5% 7,565,930 290,053 3.8% United t'l 0 0 732,767 324,520 1,057,287 2.1% 923,808 133,479 14.4% Major and National Carriers 2,767,012 2,240,194 7,028,093 3,527,569 15,562,868 30.8% 14,487,904 1,074,964 7.4% Regional Carriers (2) 0 0 0 0 0 0.0% 915 (915) -100.0% Charter and Miscellaneous (3) 0 0.0% 0 0 0.0% Passenger Airlines 2,767,012 2,240,194 7,028,093 3,527,569 15,562,868 30.8% 14,488,819 1,074,049 7.4% Grand 2,920,628 2,570,548 27,145,834 17,911,693 50,548,703 100.0% 47,833,686 2,715,017 5.7% (1) Represents cargo-only carriers. (2) Regional carriers consist of Mesa/American Eagle, Republic/American Eagle, Compass/American Eagle. (3) Charter and Miscellaneous consist of Kalitta Charters. Page 5

Cargo Airlines (1) Percent of crease/ Percent crease/ Airline YTD 2017 Cargo YTD 2016 2017 vs. 2016 2017 vs. 2016 ABX Air, c. 0 0 0 0 0 0.0% 52,214 (52,214) -100.0% Alpine Air, c. 527,902 1,681,054 0 0 2,208,956 0.5% 1,829,259 379,697 20.8% Atlas Air/DHL 0 0 520,957 1,023,269 1,544,226 0.3% 3,943,503 (2,399,277) -60.8% Bemidji Aviation Services, c. 0 0 84,718 472,337 557,055 0.1% 522,828 34,227 6.5% Federal Corporation 0 0 116,237,085 83,288,560 199,525,645 41.7% 204,572,933 (5,047,288) -2.5% Gulf & Caribbean Cargo 0 0 2,624 0 2,624 0.0% 0 2,624 100.0% Kalitta Air, LLC 0 0 59,738 38,648 98,386 0.0% 33,063 65,323 197.6% KFS Kalitta Chrt 0 0 40,468 14,527 54,995 0.0% 391 54,604 13965.2% Southern Air c. 0 0 2,736,169 1,464,169 4,200,338 0.9% 7,028,925 (2,828,587) -40.2% United Parcel Service Co. 585,301 899,076 78,724,711 50,714,234 130,923,322 27.4% 126,544,690 4,378,632 3.5% 1,113,203 2,580,130 198,406,470 137,015,744 339,115,547 70.9% 344,527,806 (5,412,259) -1.6% Major and National Carriers Denver ternational Airport Cargo Report Year to Date Through October 2017 Alaska Airlines, c. 0 92,410 450,890 107,114 650,414 0.1% 529,529 120,885 22.8% American Airlines, c. 3,721,776 644,495 664,489 252,239 5,282,999 1.1% 2,781,299 2,501,700 89.9% British Airways, Plc 0 0 5,634,129 4,113,972 9,748,101 2.0% 8,601,220 1,146,881 13.3% Delta Air Lines, c. 1,531,608 418,087 1,200,619 526,231 3,676,545 0.8% 2,344,374 1,332,171 56.8% Icelandair ehf 0 0 136,925 7,010 143,935 0.0% 186,110 (42,175) -22.7% Lufthansa German Airlines 0 0 9,841,568 4,789,798 14,631,366 3.1% 9,516,246 5,115,120 53.8% MN Airlines, LLC dba Sun Country 85,614 72,051 24,612 1,315 183,592 0.0% 59,025 124,567 211.0% Norwegian Air Shuttle ASA Limited 0 0 97,443 7,120 104,563 0.0% 0 104,563 100.0% Southwest Airlines Co. 0 0 16,315,678 12,233,296 28,548,974 6.0% 27,752,349 796,625 2.9% United Air Lines, c. 20,686,772 18,907,129 17,067,228 9,940,781 66,601,910 13.9% 46,868,996 19,732,914 42.1% United t'l 0 0 6,608,130 2,648,941 9,257,071 1.9% 7,818,403 1,438,668 18.4% Major and National Carriers 26,025,770 20,134,172 58,041,711 34,627,817 138,829,470 29.0% 106,457,551 32,371,919 30.4% Regional Carriers (2) 7,383 4 7,290 960 15,637 0.0% 12,973 2,664 20.5% Charter and Miscellaneous (3) 0 0 25,656 0 25,656 0.0% 0 25,656 0.0% Passenger Airlines 26,033,153 20,134,176 58,074,657 34,628,777 138,870,763 29.1% 106,470,524 32,400,239 30.4% Grand 27,146,356 22,714,306 256,481,127 171,644,521 477,986,310 100.0% 450,998,330 26,987,980 6.0% (1) Represents cargo-only carriers. (2) Regional carriers consist of Mesa/American Eagle, Republic/American Eagle, Compass/American Eagle. (3) Charter and Miscellaneous consist of Kalitta Charters. Page 6