Florida's Scheduled Commercial Service Airports

Florida's Scheduled Commercial Service Airports Volume 154 May 2016 - Domestic Airlines Serving Florida Carried 170,726 Onboard Passengers Per Day for, up 7.7% over the previous 12 months. Highlights in This Issue The top domestic PASSENGER market at Florida Airports was New York / Newark, followed by Chicago, Atlanta and Washington. New York / Newark and Chicago were the largest airline REVENUE markets at Florida Airports. INTERNATIONAL PASSENGERS at Florida Airports traveling via alternate domestic gateways use New York / Newark most frequently, followed by Atlanta and Miami. 18,516 passengers per day each way use alternate gateways. Florida averaged 1,465 domestic DEPARTURES, 202,811 available SEATS, and 170,726 onboard PASSENGERS per day each way, while LOAD FACTORS at Florida Airports averaged 84.2% over. Among the 53 U.S. states and territories with commercial air service, Florida produces the second largest volume of domestic O&D passengers and revenue, behind California. With an average each way fare of $170, Florida ranks 3rd lowest. 250 John Knox Road #2 Tallahassee, FL 32303 (850) 224-2964 497 Oakway Road, Suite 280 Eugene, Oregon 97401 (541) 341-1601

Table of Contents OAG Seat Analysis 4 Chart of Daily Nonstop Departures by Month at Florida Airports 4 Chart of Daily Nonstop Seats by Month at Florida Airports 5 Chart of Daily Nonstop Departures by Aircraft Type and Month at Florida Airports 5 Chart of Daily Nonstop Seats by Aircraft Type and Month at Florida Airports 6 Chart of Daily Nonstop Seats by Month at Large Hub Florida Airports 6 Chart of Daily Nonstop Seats by Month at Medium Hub Florida Airports 7 Chart of Daily Nonstop Seats by Month at Small Hub Florida Airports 7 Chart of Daily Nonstop Seats by Month at Non Hub Florida Airports 8 Daily Nonstop Depts and Seats by Aircraft Type at Large / Medium Hub Florida Airports 8 Share of Daily Nonstop Depts and Seats by Aircraft Type at Large / Medium Florida Airports 9 Daily Nonstop Depts and Seats by Aircraft Type at Small Hub Florida Airports 9 Share of Daily Nonstop Depts and Seats by Aircraft Type at Small Hub Florida Airports 10 Daily Nonstop Depts and Seats by Aircraft Type at Non Hub Florida Airports 10 Share of Daily Nonstop Depts and Seats by Aircraft Type at Non Hub Florida Airports Table of Contents Continued on page 2 Codes / Descriptions Airlines (partial list) Large Hub Airports Medium Hub Airports G4 Allegiant FLL Fort Lauderdale RSW Fort Myers AA American MIA Miami JAX Jacksonville DL Delta MCO Orlando PBI West Palm Beach B6 jetblue TPA Tampa WN Southwest NK Spirit Small Hub Airports Non Hub Airports UA United VPS Destin-Fort Walton Beach DAB Daytona Beach EYW Key West GNV Gainesville Aircraft ECP Panama City MLB Melbourne Mainline Aircraft over 100 Seats PNS Pensacola PGD Punta Gorda SRJ Aircraft between 51 and 99 seats SFB Sanford UST St. Augustine LRJ Aircraft between 37 and 50 seats SRQ Sarasota / Bradenton TLH Tallahassee Prop Aircraft under 37 seats PIE St. Pete / Clearwater page 1

Table of Contents Table of Contents Continued from page 1 DOT O&D Survey Analysis 11 Top 20 Domestic O&D Passenger Markets at Florida Airports 12 Domestic O&D Passenger & Fare Changes at Florida Airports 12 Domestic O&D Revenue & Yield Changes at Florida Airports 13 Domestic O&D Passenger Growth at Large Hub Florida Airports 13 Domestic O&D Passenger Growth at Medium Hub Florida Airports 14 Domestic O&D Revenue and Fare Change at Large Hub Florida Airports 14 Domestic O&D Revenue & Fare Change at Medium Hub Florida Airports 15 Domestic O&D Passenger Shares at Large Hub and Medium Hub Florida Airports 15 Domestic O&D Revenue Shares at Large Hub and Medium Hub Florida Airports 16 Domestic O&D Passenger Growth at Small Hub Florida Airports 16 Domestic O&D Passenger Growth at Non Hub Florida Airports 17 Domestic O&D Revenue and Fare Change at Small Hub Florida Airports 17 Domestic O&D Revenue & Fare Change at Non Hub Florida Airports 18 Domestic O&D Passenger Shares at Small Hub Florida Airports 18 Domestic O&D Revenue Shares at Small Hub Florida Airports 19 Domestic O&D Passenger Shares at Non Hub Florida Airports 19 Domestic O&D Revenue Shares at Non Hub Florida Airports 20-22 Top 150 Domestic Origin and Destination Passenger Markets at Florida 23-24 Airport Passenger Shares at Consolidated Market Areas 25 Top 20 Passenger Growth Markets at Florida / Top 20 Percentage Growth Markets at Florida 26 Top 50 Domestic Origin & Destination Markets - Passengers Originating at Florida 27 Top 50 Domestic Origin & Destination Markets - Passengers Visiting Florida 28 Top 20 International Origin & Destination Passenger Gateways at Florida 28 Top 20 Domestic Origin & Destination Zero Fare Passenger Markets at Florida 29-31 Top 150 Domestic Origin and Destination Revenue Markets at Florida 32 Fared Average Fares at the Top 50 Domestic O&D Passenger Markets at Florida 33 Fared Average Yields at the Top 50 Domestic O&D Passenger Markets at Florida 34 Top 15 Domestic Origin and Destination Passenger / Revenue Airlines at Florida 35 Statistical Summary of Top 15 Domestic O&D Passenger / Revenue Airlines at Florida 36-38 Carrier Shares at Top 50 Origin & Destination Passenger Markets at Florida 39-40 Statistical Summary of Top 84 Southwest Market Areas by Revenue 41-44 Statistical Summary of Top 200 American Market Areas by Revenue 45-48 Statistical Summary of Top 200 Delta Market Areas by Revenue 49 Statistical Summary of Top 50 jetblue Market Areas ed by Revenue 50-53 Statistical Summary of Top 200 United Market Areas by Revenue Table of Contents Continued on page 3 page 2

Table of Contents Table of Contents Continued from page 1 DOT T100 Survey Analysis 54-56 Top 150 Domestic Airport Pairs at Florida - Flights Performed 57 Top 15 Domestic Airlines at Florida - Flights Performed 57 Top 15 Aircraft Flown at Florida - Flights Performed 57 Aircraft Types Flown at Florida - Flights Performed 58-60 Top 150 Domestic Airport Pairs at Florida - Seats Available 61 Top 15 Domestic Airlines at Florida - Seats Available 61 Top 15 Aircraft Flown at Florida - Seats Available 61 Aircraft Types Flown at Florida - Seats Available 62-64 Top 150 Domestic Airport Pairs at Florida - Onboard Passengers 65 Top 15 Domestic Airlines at Florida - Onboard Passengers 65 Top 15 Aircraft Flown at Florida - Onboard Passengers 65 Aircraft Types Flown at Florida - Onboard Passengers 66-68 Load Factors at Top 150 Domestic Seats Available Airport Pairs at Florida 69 Load Factors at Top 15 Domestic Seats Available Airlines at Florida 69 Load Factors of Top 15 Aircraft Flown at Florida 69 Load Factors of Aircraft Types Flown at Florida Regional O&D Comparisons 70 Top 50 Southeast Region Airports - Domestic Flights Completed 71 Top 50 Southeast Region Airports - Domestic Seats Available 72 Top 50 Southeast Region Airports - Domestic Onboard Passengers 73 Top 50 Southeast Region Airports - Domestic Load Factor 74 Top 50 Southeast Region Airports - Domestic Origin and Destination Passengers 75 Top 50 Southeast Region Airports - Domestic Origin and Destination Revenue 76 Top 50 Southeast Region Airports - Domestic Fares 77 Top 50 Southeast Region Airports - Domestic Yield Southeast Region: Alabama, Florida, Georgia, Mississippi, North Carolina, Puerto Rico, South Carolina, Tennessee and USVI National 78-81 Top 200 Domestic US O&D Passenger Airports 82-85 Top 200 Domestic US O&D Revenue Airports 86-89 Statistical Summary of Top 200 US Passenger Airports - ed by Fared Avg Fare 90 Domestic O&D Passenger of 53 U.S. States / Territories 91 Domestic O&D Revenue of 53 U.S. States / Territories 92 Domestic O&D Average Fare of 53 U.S. States / Territories 93 Domestic O&D Average Yield of 53 U.S. States / Territories Appendix 94 Glossary of Terms page 3

Daily Nonstop Departures by Month at Florida Airports September 2015 thorugh September 2016 2,500 2,000 1,500 1,000 1,515 1,594 1,757 1,905 1,898 2,001 2,076 1,949 1,788 1,799 1,821 1,725 1,589 500 0 201509 201510 201511 201512 201601 201602 201603 201604 201605 201606 201607 201608 201609 Daily Nonstop Seats by Month at Florida Airports September 2015 thorugh September 2016 350,000 300,000 250,000 200,000 150,000 100,000 217,085 231,368 259,285 281,824 282,081 297,122 306,857 285,272 260,571 262,042 265,487 250,582 228,373 50,000 0 201509 201510 201511 201512 201601 201602 201603 201604 201605 201606 201607 201608 201609 page 4

Daily Nonstop Departures by Aircraft Type and Month at Florida Airports September 2015 thorugh September 2016 Mainline LRJ Prop SRJ 2,500 2,000 1,500 63 70 152 60 64 163 56 64 177 63 58 65 72 200 201 57 82 216 63 91 218 72 90 204 78 73 74 88 91 91 176 179 192 71 91 190 63 91 173 1,000 500 1,229 1,307 1,460 1,577 1,567 1,646 1,705 1,584 1,446 1,457 1,464 1,373 1,262 0 201509 201510 201511 201512 201601 201602 201603 201604 201605 201606 201607 201608 201609 Daily Nonstop Seats by Aircraft Type and Month at Florida Airports September 2015 thorugh September 2016 Mainline LRJ Prop SRJ 350,000 300,000 250,000 200,000 3,181 2,420 12,525 3,011 2,209 13,359 2,812 2,233 14,557 3,190 2,934 2,252 2,550 16,704 16,807 2,893 2,867 18,008 3,155 3,273 18,017 3,609 3,206 16,945 3,888 3,661 3,735 3,139 3,231 3,262 14,720 15,116 16,007 3,572 3,259 15,837 3,187 3,257 14,274 150,000 100,000 198,958 212,790 239,683 259,678 259,789 273,354 282,413 261,511 238,824 240,034 242,484 227,913 207,656 50,000 0 201509 201510 201511 201512 201601 201602 201603 201604 201605 201606 201607 201608 201609 page 5

Daily Nonstop Seats by Month at Large Hub Florida Airports September 2015 thorugh September 2016 MIA MCO FLL TPA 250,000 200,000 30,155 31,580 31,693 33,550 36,255 33,136 29,700 29,284 29,192 27,207 150,000 25,207 35,625 26,577 37,494 44,620 49,772 50,916 53,770 53,710 49,345 45,176 45,563 45,736 43,797 25,241 40,134 100,000 52,346 55,659 61,974 65,903 66,867 69,624 72,220 69,561 64,647 66,493 68,809 63,728 57,041 50,000 63,936 65,358 69,322 76,325 74,200 75,009 73,603 70,721 68,394 69,781 71,145 68,926 62,041 0 201509 201510 201511 201512 201601 201602 201603 201604 201605 201606 201607 201608 201609 Daily Nonstop Seats by Month at Medium Hub Florida Airports September 2015 thorugh September 2016 JAX RSW PBI 50,000 45,000 40,000 13,915 35,000 30,000 25,000 20,000 15,000 10,000 7,475 7,570 8,367 9,743 10,376 14,392 11,939 12,290 16,993 18,644 13,508 20,952 23,610 12,122 17,795 9,437 11,229 8,205 7,968 7,995 7,615 9,080 8,920 8,212 7,735 5,000 0 8,686 8,963 8,846 8,784 8,230 8,707 9,066 9,377 9,678 9,897 9,623 9,570 9,284 201509 201510 201511 201512 201601 201602 201603 201604 201605 201606 201607 201608 201609 page 6

Daily Nonstop Seats by Month at Small Hub Florida Airports September 2015 thorugh September 2016 SFB PNS PIE ECP VPS SRQ EYW 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 1,755 1,052 1,255 1,525 1,494 1,427 1,698 1,281 2,863 1,269 1,945 1,867 1,266 2,484 1,103 1,177 1,817 1,544 1,360 2,238 2,620 1,194 1,345 1,880 1,912 1,860 1,947 1,434 1,506 1,646 1,328 914 2,274 1,738 1,184 1,227 1,190 1,167 1,759 1,734 1,670 1,485 1,467 1,279 1,067 1,389 3,248 3,347 1,602 1,458 1,263 1,298 3,271 1,509 2,774 2,743 2,560 2,689 2,735 1,569 2,431 2,574 2,291 2,316 2,932 2,970 1,654 2,624 2,501 2,487 2,756 2,840 2,869 2,599 2,540 2,379 2,681 2,541 3,643 3,656 4,122 3,433 4,104 4,673 5,288 5,478 4,330 4,388 4,238 3,533 2,571 201509 201510 201511 201512 201601 201602 201603 201604 201605 201606 201607 201608 201609 Daily Nonstop Seats by Month at Non Hub Florida Airports September 2015 thorugh September 2016 TLH PGD DAB MLB GNV UST 7,000 6,000 5,000 4,000 3,000 2,000 68 626 706 769 847 71 692 712 824 1,221 84 87 700 707 737 721 825 907 1,439 1,612 22 673 715 1,029 1,355 9 702 757 1,217 1,820 9 717 801 1,261 2,088 110 163 152 727 147 749 675 639 165 663 889 832 759 714 735 1,288 1,235 1,177 1,154 1,087 1,798 1,623 1,804 1,831 1,483 174 653 767 990 1,278 1,000 0 1,246 1,243 1,260 1,212 1,134 1,292 1,309 1,315 1,377 1,325 1,292 1,384 1,375 201509 201510 201511 201512 201601 201602 201603 201604 201605 201606 201607 201608 201609 page 7

Daily Nonstop Depts and Seats by Aircraft Type at Large / Medium Hub Florida Airports September 2016 Daily Departures Daily Seats Airport Mainline LRJ Prop SRJ Total Mainline LRJ Prop SRJ Total 1 MIA 329.3 46.9 17.5 3.2 396.9 57,304 3,594 911 232 62,041 2 MCO 322.0 17.6 0.0 12.6 352.2 54,901 1,691 0 448 57,041 3 FLL 228.2 22.8 0.0 30.0 281.0 36,865 2,234 0 1,035 40,134 4 TPA 160.3 4.2 0.0 15.6 180.1 24,341 371 0 529 25,241 Sub-total 1039.8 91.5 17.5 61.4 1210.2 173,411 7,890 911 2,244 184,457 5 JAX 38.1 40.9 3.7 2.9 85.6 5,773 3,227 187 97 9,284 6 RSW 45.7 5.4 0.2 2.3 53.6 7,208 438 12 78 7,735 7 PBI 47.7 5.0 0.0 3.9 56.6 6,956 494 0 164 7,615 Sub-total 131.5 51.3 3.9 9.1 195.8 19,937 4,159 198 340 24,634 Florida Total 1261.8 173.2 90.8 63.0 1588.8 207,656 14,274 3,257 3,187 228,373 LRJ = Large Regional Jet (in excess of 50 seats) / SRJ = Small Regional Jet (50 seats and fewer) Share of Daily Nonstop Depts and Seats by Aircraft Type at Large / Medium Florida Airports September 2016 Daily Departures Daily Seats Airport Mainline LRJ Prop SRJ Total Mainline LRJ Prop SRJ Total 1 MIA 83.0% 11.8% 4.4% 0.8% 100% 92.4% 5.8% 1.5% 0.4% 100% 2 MCO 91.4% 5.0% 0.0% 3.6% 100% 96.2% 3.0% 0.0% 0.8% 100% 3 FLL 81.2% 8.1% 0.0% 10.7% 100% 91.9% 5.6% 0.0% 2.6% 100% 4 TPA 89.0% 2.3% 0.0% 8.7% 100% 96.4% 1.5% 0.0% 2.1% 100% Sub-total 85.9% 7.6% 1.4% 5.1% 100% 94.0% 4.3% 0.5% 1.2% 100% 5 JAX 44.5% 47.8% 4.3% 3.4% 100% 62.2% 34.8% 2.0% 1.0% 100% 6 RSW 85.3% 10.1% 0.4% 4.3% 100% 93.2% 5.7% 0.2% 1.0% 100% 7 PBI 84.3% 8.8% 0.0% 6.9% 100% 91.4% 6.5% 0.0% 2.2% 100% Sub-total 67.2% 26.2% 2.0% 4.6% 100% 80.9% 16.9% 0.8% 1.4% 100% Florida Total 79.4% 10.9% 5.7% 4.0% 100% 90.9% 6.3% 1.4% 1.4% 100% LRJ = Large Regional Jet (in excess of 50 seats) / SRJ = Small Regional Jet (50 seats and fewer) page 8

Daily Nonstop Depts and Seats by Aircraft Type at Small Hub Florida Airports September 2016 Daily Departures Daily Seats Airport Mainline LRJ Prop SRJ Total Mainline LRJ Prop SRJ Total 1 SFB 19.6 0.0 0.0 0.0 19.6 3,533 0 0 0 3,533 2 PNS 9.8 8.8 6.4 3.6 28.6 1,574 666 319 122 2,681 3 PIE 13.8 0.0 0.0 0.0 13.8 2,291 0 0 0 2,291 4 ECP 10.0 0.0 2.0 1.3 13.3 1,363 0 100 45 1,509 5 VPS 6.3 1.0 12.4 0.0 19.7 802 65 618 0 1,485 6 SRQ 6.4 4.9 0.0 0.0 11.3 966 363 0 0 1,328 7 EYW 2.0 7.7 0.0 11.1 20.8 248 568 0 379 1,194 Sub-total 67.9 22.4 20.8 16.0 127.1 10,776 1,662 1,037 546 14,022 Florida Total 1261.8 173.2 90.8 63.0 1588.8 207,656 14,274 3,257 3,187 228,373 LRJ = Large Regional Jet (in excess of 50 seats) / SRJ = Small Regional Jet (50 seats and fewer) Share of Daily Nonstop Depts and Seats by Aircraft Type at Small Hub Florida Airports September 2016 Daily Departures Daily Seats Airport Mainline LRJ Prop SRJ Total Mainline LRJ Prop SRJ Total 1 SFB 100.0% 0.0% 0.0% 0.0% 100% 100.0% 0.0% 0.0% 0.0% 100% 2 PNS 34.3% 30.8% 22.4% 12.6% 100% 58.7% 24.8% 11.9% 4.6% 100% 3 PIE 100.0% 0.0% 0.0% 0.0% 100% 100.0% 0.0% 0.0% 0.0% 100% 4 ECP 75.2% 0.0% 15.0% 9.8% 100% 90.4% 0.0% 6.6% 3.0% 100% 5 VPS 32.0% 5.1% 62.9% 0.0% 100% 54.0% 4.4% 41.6% 0.0% 100% 6 SRQ 56.6% 43.4% 0.0% 0.0% 100% 72.7% 27.3% 0.0% 0.0% 100% 7 EYW 9.6% 37.0% 0.0% 53.4% 100% 20.8% 47.5% 0.0% 31.7% 100% Sub-total 53.4% 17.6% 16.4% 12.6% 100% 76.9% 11.9% 7.4% 3.9% 100% Florida Total 79.4% 10.9% 5.7% 4.0% 100% 90.9% 6.3% 1.4% 1.4% 100% LRJ = Large Regional Jet (in excess of 50 seats) / SRJ = Small Regional Jet (50 seats and fewer) page 9

Daily Nonstop Depts and Seats by Aircraft Type at Non Hub Florida Airports September 2016 Daily Departures Daily Seats Airport Mainline LRJ Prop SRJ Total Mainline LRJ Prop SRJ Total 1 TLH 4.5 3.9 6.8 3.7 18.9 637 272 342 125 1,375 2 PGD 7.7 0.0 0.0 0.0 7.7 1,278 0 0 0 1,278 3 DAB 4.8 3.2 0.0 0.0 8.0 762 228 0 0 990 4 MLB 3.6 0.6 3.1 0.0 7.3 570 42 155 0 767 5 GNV 1.0 0.0 10.9 0.0 11.9 110 0 543 0 653 6 UST 1.0 0.0 0.0 0.0 1.0 174 0 0 0 174 Sub-total 22.6 7.7 20.8 3.7 54.8 3,531 541 1,040 125 5,237 Florida Total 1261.8 173.2 90.8 63.0 1588.8 207,656 14,274 3,257 3,187 228,373 LRJ = Large Regional Jet (in excess of 50 seats) / SRJ = Small Regional Jet (50 seats and fewer) Share of Daily Nonstop Depts and Seats by Aircraft Type at Non Hub Florida Airports September 2016 Daily Departures Daily Seats Airport Mainline LRJ Prop SRJ Total Mainline LRJ Prop SRJ Total 1 TLH 23.8% 20.6% 36.0% 19.6% 100% 46.3% 19.8% 24.9% 9.1% 100% 2 PGD 100.0% 0.0% 0.0% 0.0% 100% 100.0% 0.0% 0.0% 0.0% 100% 3 DAB 60.0% 40.0% 0.0% 0.0% 100% 77.0% 23.0% 0.0% 0.0% 100% 4 MLB 49.3% 8.2% 42.5% 0.0% 100% 74.3% 5.5% 20.2% 0.0% 100% 5 GNV 8.4% 0.0% 91.6% 0.0% 100% 16.8% 0.0% 83.2% 0.0% 100% 6 UST 100.0% 0.0% 0.0% 0.0% 100% 17400.0% 0.0% 0.0% 0.0% 100% Sub-total 41.2% 14.1% 38.0% 6.8% 100% 67.4% 10.3% 19.9% 2.4% 100% Florida Total 79.4% 10.9% 5.7% 4.0% 100% 90.9% 6.3% 1.4% 1.4% 100% LRJ = Large Regional Jet (in excess of 50 seats) / SRJ = Small Regional Jet (50 seats and fewer) page 10

0 2000 4000 6000 8000 10000 12000 14000 16000 18000 20000 Top 50 Domestic O&D Passenger Markets at Florida Airports Top 20 Domestic O&D Passenger Markets at Florida Airports - Passengers per Day Each Way New York / Newark - 1 Chicago - 2 Atlanta - 3 Washington - 4 Boston - 5 Philadelphia - 6 Detroit - 7 Baltimore - 8 Dallas / Fort Worth - 9 Los Angeles - 10 Denver - 11 Minneapolis - 12 Houston - 13 San Juan - 14 Hartford - 15 Las Vegas - 16 San Francisco - 17 Pittsburgh - 18 Indianapolis - 19 Cleveland - 20 7,650 5,378 5,302 5,204 5,018 4,091 4,007 3,901 3,266 2,891 2,780 2,618 2,479 2,278 2,098 1,992 1,962 1,937 1,761 18,738 page 11

Domestic O&D Passenger & Fare Changes at Florida Airports Calendar Year 2010 to O&D Passengers Average Fare 104,240,090 90,941,390 92,800,470 92,623,100 93,027,450 95,885,430 $135 $147 $155 $159 $167 $157 YE 4Q10 YE 4Q11 YE 4Q12 YE 4Q13 YE 4Q14 YE 4Q15 Domestic O&D Revenue & Yield Changes at Florida Airports Calendar Year 2010 to O&D Revenue (thousands) Average Yield $15,970,706 $16,322,550 $13,687,308 $14,346,076 $14,802,942 $12,288,160 11.90 12.90 13.60 14.94 15.62 14.75 YE 4Q10 YE 4Q11 YE 4Q12 YE 4Q13 YE 4Q14 YE 4Q15 0.00 page 12

Domestic O&D Passenger Growth at Large Hub Florida Airports Calendar Year 2010 to Total Passengers PDEW 74,513,780 66,082,230 67,225,000 67,174,540 66,877,270 68,213,360 90,524 91,837 92,020 91,613 93,443 101,795 YE 4Q10 YE 4Q11 YE 4Q12 YE 4Q13 YE 4Q14 YE 4Q15 MIA MCO TPA FLL Domestic O&D Passenger Growth at Medium Hub Florida Airports Calendar Year 2010 to Total Passengers PDEW 20,000,000 18,000,000 17,502,840 17,283,590 16,654,860 16,888,210 17,478,030 18,459,630 16,000,000 14,000,000 12,000,000 23,976 23,611 22,815 23,135 23,943 25,218 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 0 YE 4Q10 YE 4Q11 YE 4Q12 YE 4Q13 YE 4Q14 YE 4Q15 RSW JAX PBI page 13

Domestic O&D Revenue and Fare Change at Large Hub Florida Airports Calendar Year 2010 to Total Revenue (thousands) Average Fare $11,260,334 $11,465,662 $9,723,542 $10,156,896 $10,465,979 $8,776,030 $133 $145 $151 $156 $165 $154 YE 4Q10 YE 4Q11 YE 4Q12 YE 4Q13 YE 4Q14 YE 4Q15 MIA MCO FLL TPA Domestic O&D Revenue & Fare Change at Medium Hub Florida Airports Calendar Year 2010 to Total Revenue (thousands) Average Fare $3,073 $3,135 $2,660 $2,767 $2,855 $2,420 $138 $154 $166 $169 $176 $170 YE 4Q10 YE 4Q11 YE 4Q12 YE 4Q13 YE 4Q14 YE 4Q15 RSW JAX PBI page 14

Domestic O&D Passenger Shares at Large Hub and Medium Hub Florida Airports 6.3% 5.3% Airport Share MCO 31.0% FLL 20.2% Passengers 28,808,050 18,767,810 8.2% 31.0% TPA 17.0% MIA 12.0% 15,759,260 11,178,660 Total of Above 80.1% 74,513,780 12.0% RSW 8.2% PBI 6.3% 7,666,150 5,871,540 JAX 5.3% 4,921,940 Total of Above 19.9% 18,459,630 17.0% 20.2% Total of All 92,973,410 Domestic O&D Revenue Shares at Large Hub and Medium Hub Florida Airports 6.8% 6.2% Airport Share MCO 29.8% FLL 18.2% Revenue ($thousands) $4,344,855 $2,658,789 29.8% TPA 16.4% $2,399,772 8.5% MIA 14.1% $2,062,245 Total of Above 78.5% $11,465,662 RSW 8.5% $1,243,052 14.1% PBI 6.8% $989,994 JAX 6.2% $901,459 18.2% Total of Above 21.5% $3,134,505 16.4% Total of All $14,600,167 page 15

Domestic O&D Passenger Growth at Small Hub Florida Airports Calendar Year 2010 to Total Passengers PDEW 8,433,290 5,645,920 6,429,070 8,783 6,784,210 9,293 7,046,640 9,653 7,581,490 10,386 11,521 7,734 YE 4Q10 YE 4Q11 YE 4Q12 YE 4Q13 YE 4Q14 YE 4Q15 SFB PIE PNS SRQ ECP VPS EYW Domestic O&D Passenger Growth at Non Hub Florida Airports Calendar Year 2010 to Total Passengers PDEW 3,000,000 2,833,390 2,612,550 2,500,000 2,000,000 1,500,000 1,710,400 2,343 1,862,810 2,545 2,009,490 2,753 2,215,320 3,035 3,579 3,871 1,000,000 500,000 0 YE 4Q10 YE 4Q11 YE 4Q12 YE 4Q13 YE 4Q14 YE 4Q15 PGD TLH DAB MLB GNV UST APF page 16

Domestic O&D Revenue and Fare Change at Small Hub Florida Airports Calendar Year 2010 to Total Revenue (thousands) Average Fare $1,177,958 $1,244,015 $1,060,180 $1,081,512 $976,529 $809,071 $143 $152 $156 $153 $155 $148 YE 4Q10 YE 4Q11 YE 4Q12 YE 4Q13 YE 4Q14 YE 4Q15 SFB PIE PNS SRQ ECP VPS EYW Domestic O&D Revenue & Fare Change at Non Hub Florida Airports Calendar Year 2010 to Total Revenue (thousands) Average Fare $459,402 $478,369 $400,855 $326,982 $362,112 $283,258 $166 $176 $180 $181 $176 $169 YE 4Q10 YE 4Q11 YE 4Q12 YE 4Q13 YE 4Q14 YE 4Q15 PGD TLH DAB MLB GNV UST APF page 17

Domestic O&D Passenger Shares at Small Hub Florida Airports 7.8% Airport Share Passengers 8.1% 25.8% SFB 25.8% PIE 18.6% 2,173,840 1,570,630 PNS 16.9% 1,428,300 9.7% SRQ 13.1% ECP 9.7% VPS 8.1% EYW 7.8% 1,104,530 818,090 683,700 654,200 13.1% 18.6% 16.9% Total of All 8,433,290 Domestic O&D Revenue Shares at Small Hub Florida Airports Airport Share Revenue 8.9% PNS 24.2% $300,518 12.5% 24.2% SRQ 16.7% ECP 12.7% $207,604 $158,119 SFB 12.6% $156,292 VPS 12.5% $155,426 EYW 12.5% $155,140 PIE 8.9% $110,915 12.5% 16.7% 12.6% Total of All 12.7% page 18 $1,244,015

Domestic O&D Passenger Shares at Non Hub Florida Airports 13.4% 1.7% 0.0% Airport Share PGD 29.5% TLH 20.6% Passengers 835,290 584,780 29.5% DAB 20.1% MLB 14.8% 568,400 418,510 14.8% GNV 13.4% UST 1.7% 379,270 47,140 20.1% 20.6% Total of All 2,833,390 Domestic O&D Revenue Shares at Non Hub Florida Airports 14.2% 0.9% 0.0% Airport Share TLH 30.0% DAB 21.6% Revenue $143,283 $103,496 30.0% GNV 17.6% MLB 15.7% $84,226 $75,269 15.7% PGD 14.2% UST 0.9% $68,018 $4,078 17.6% 21.6% Total of All $478,369 page 19

Top 150 Domestic Origin and Destination Passenger Markets at Florida Approximates 100% Sample - Directional Journeyed Passengers Avg. Ann. Change Market Area YE 4Q13 YE 4Q14 YE 4Q15 PDEW SHARE 13-15 14-15 1 New York / Newark, NY-NJ 12,784,260 12,756,740 13,678,980 18,738 13.1% 3.4% 7.2% 2 Chicago, IL 4,544,180 4,709,350 5,584,530 7,650 5.4% 10.9% 18.6% 3 Atlanta, GA 3,221,230 3,356,520 3,926,300 5,378 3.8% 10.4% 17.0% 4 Washington, DC-VA 3,350,960 3,370,010 3,870,740 5,302 3.7% 7.5% 14.9% 5 Boston, MA 3,687,180 3,588,740 3,799,040 5,204 3.6% 1.5% 5.9% 6 Philadelphia, PA 3,208,120 3,100,010 3,663,050 5,018 3.5% 6.9% 18.2% 7 Detroit, MI 2,654,690 2,778,050 2,986,370 4,091 2.9% 6.1% 7.5% 8 Baltimore, MD 2,809,080 2,837,990 2,924,840 4,007 2.8% 2.0% 3.1% 9 Dallas / Fort Worth, TX 2,190,220 2,382,960 2,847,440 3,901 2.7% 14.0% 19.5% 10 Los Angeles, CA 2,191,820 2,270,560 2,384,070 3,266 2.3% 4.3% 5.0% 11 Denver, CO 1,690,210 1,837,150 2,110,120 2,891 2.0% 11.7% 14.9% 12 Minneapolis, MN 1,713,730 1,953,790 2,029,620 2,780 1.9% 8.8% 3.9% 13 Houston, TX 1,482,110 1,655,990 1,911,280 2,618 1.8% 13.6% 15.4% 14 San Juan, PR 1,846,830 1,800,660 1,809,920 2,479 1.7% -1.0% 0.5% 15 Hartford, CT 1,461,770 1,631,060 1,663,070 2,278 1.6% 6.7% 2.0% 16 Las Vegas, NV 1,279,740 1,322,480 1,531,550 2,098 1.5% 9.4% 15.8% 17 San Francisco, CA 1,288,780 1,387,170 1,454,070 1,992 1.4% 6.2% 4.8% 18 Pittsburgh, PA 1,310,420 1,293,210 1,432,000 1,962 1.4% 4.5% 10.7% 19 Indianapolis, IN 1,190,650 1,205,270 1,413,770 1,937 1.4% 9.0% 17.3% 20 Cleveland, OH 769,350 886,630 1,285,600 1,761 1.2% 29.3% 45.0% 21 Providence, RI 1,251,780 1,208,250 1,273,650 1,745 1.2% 0.9% 5.4% 22 Columbus, OH 1,057,740 1,122,990 1,197,130 1,640 1.1% 6.4% 6.6% 23 Nashville, TN 1,020,570 1,122,610 1,177,230 1,613 1.1% 7.4% 4.9% 24 Buffalo, NY 1,244,270 1,192,860 1,153,450 1,580 1.1% -3.7% -3.3% 25 St. Louis, MO 1,129,150 1,083,380 1,150,150 1,576 1.1% 0.9% 6.2% 26 Cincinnati, OH 634,890 724,540 1,084,940 1,486 1.0% 30.7% 49.7% 27 Raleigh / Durham, NC 913,880 954,560 1,074,060 1,471 1.0% 8.4% 12.5% 28 Milwaukee, WI 983,040 1,026,590 1,025,960 1,405 1.0% 2.2% -0.1% 29 Phoenix / Mesa, AZ 863,170 916,620 993,510 1,361 1.0% 7.3% 8.4% 30 Charlotte, NC 1,012,370 1,018,610 985,830 1,350 0.9% -1.3% -3.2% 31 Seattle / Tacoma, WA 859,720 912,410 967,020 1,325 0.9% 6.1% 6.0% 32 Kansas City, MO 833,490 858,050 911,120 1,248 0.9% 4.6% 6.2% 33 New Orleans, LA 758,730 804,900 872,780 1,196 0.8% 7.3% 8.4% 34 White Plains, NY 789,710 824,890 839,780 1,150 0.8% 3.1% 1.8% 35 Long Island, NY 854,770 861,690 829,830 1,137 0.8% -1.5% -3.7% 36 Atlantic City, NJ 699,640 766,580 789,280 1,081 0.8% 6.2% 3.0% 37 Austin, TX 617,550 674,330 771,790 1,057 0.7% 11.8% 14.5% 38 San Diego, CA 625,970 681,680 747,760 1,024 0.7% 9.3% 9.7% 39 Albany, NY 563,490 581,140 648,560 888 0.6% 7.3% 11.6% 40 Salt Lake City, UT 489,150 533,620 631,110 865 0.6% 13.6% 18.3% 41 Manchester, NH 589,120 540,390 559,160 766 0.5% -2.6% 3.5% 42 San Antonio, TX 454,680 474,590 528,170 724 0.5% 7.8% 11.3% 43 Richmond, VA 465,820 479,260 514,340 705 0.5% 5.1% 7.3% 44 Fort Lauderdale, FL 527,620 490,980 508,720 697 0.5% -1.8% 3.6% 45 Grand Rapids, MI 416,460 441,850 498,960 684 0.5% 9.5% 12.9% 46 Tampa / St. Pete / Clearwater, FL 531,460 474,330 485,780 665 0.5% -4.4% 2.4% 47 Rochester, NY 476,570 448,310 464,310 636 0.4% -1.3% 3.6% 48 Louisville, KY 451,200 458,670 459,110 629 0.4% 0.9% 0.1% 49 Memphis, TN 413,440 433,270 454,760 623 0.4% 4.9% 5.0% 50 Syracuse, NY 438,520 442,290 452,960 620 0.4% 1.6% 2.4% continued on page 21 page 20

Top 150 Domestic Origin and Destination Passenger Markets at Florida Approximates 100% Sample - Directional Journeyed Passengers Avg. Ann. Change Market Area YE 4Q13 YE 4Q14 YE 4Q15 PDEW SHARE 13-15 14-15 51 Norfolk, VA 478,080 431,880 438,320 600 0.4% -4.2% 1.5% 52 Portland, OR 381,940 404,570 434,180 595 0.4% 6.6% 7.3% 53 Akron / Canton, OH 458,650 420,090 423,640 580 0.4% -3.9% 0.8% 54 Miami, FL 427,680 402,150 419,780 575 0.4% -0.9% 4.4% 55 Birmingham, AL 389,320 369,340 386,940 530 0.4% -0.3% 4.8% 56 Trenton, NJ 123,300 250,060 362,220 496 0.3% 71.4% 44.9% 57 Omaha, NE 331,580 322,610 351,130 481 0.3% 2.9% 8.8% 58 Knoxville, TN 320,490 324,930 330,040 452 0.3% 1.5% 1.6% 59 Lexington, KY 292,840 326,940 313,740 430 0.3% 3.5% -4.0% 60 Dayton, OH 401,270 354,780 300,580 412 0.3% -13.5% -15.3% 61 Orlando / Sanford, FL 304,170 276,040 292,800 401 0.3% -1.9% 6.1% 62 Sacramento, CA 264,270 268,820 287,530 394 0.3% 4.3% 7.0% 63 Asheville, NC 156,960 240,080 285,180 391 0.3% 34.8% 18.8% 64 Orange County, CA 259,080 254,090 283,680 389 0.3% 4.6% 11.6% 65 Portland, ME 275,770 283,600 273,210 374 0.3% -0.5% -3.7% 66 Des Moines, IA 245,870 256,350 267,940 367 0.3% 4.4% 4.5% 67 Oklahoma City, OK 259,970 264,400 266,470 365 0.3% 1.2% 0.8% 68 Flint, MI 264,640 281,240 262,110 359 0.3% -0.5% -6.8% 69 Allentown, PA 217,640 225,070 256,380 351 0.2% 8.5% 13.9% 70 Greensboro, NC 241,050 227,450 245,880 337 0.2% 1.0% 8.1% 71 Greenville / Spartanburg, SC 272,560 256,860 235,780 323 0.2% -7.0% -8.2% 72 Harrisburg, PA 246,320 249,210 234,630 321 0.2% -2.4% -5.9% 73 Tulsa, OK 172,250 203,780 231,120 317 0.2% 15.8% 13.4% 74 Jacksonville, FL 225,030 213,880 229,460 314 0.2% 1.0% 7.3% 75 Albuquerque, NM 229,250 226,920 225,090 308 0.2% -0.9% -0.8% 76 Plattsburg, NY 213,660 222,550 224,030 307 0.2% 2.4% 0.7% 77 Latrobe, PA 162,850 168,700 205,280 281 0.2% 12.3% 21.7% 78 Fort Wayne, IN 153,970 178,440 201,160 276 0.2% 14.3% 12.7% 79 Niagara Falls, NY 152,470 170,630 195,350 268 0.2% 13.2% 14.5% 80 San Jose, CA 184,490 178,060 186,410 255 0.2% 0.5% 4.7% 81 Burlington, VT 185,930 203,950 185,930 255 0.2% 0.0% -8.8% 82 South Bend, IN 161,310 170,310 175,880 241 0.2% 4.4% 3.3% 83 St Thomas, VI 163,990 170,930 174,090 238 0.2% 3.0% 1.8% 84 Honolulu, HI 153,440 162,770 173,390 238 0.2% 6.3% 6.5% 85 Cedar Rapids, IA 127,110 173,820 167,920 230 0.2% 14.9% -3.4% 86 Newburgh, NY 174,060 172,740 167,110 229 0.2% -2.0% -3.3% 87 Little Rock, AR 150,640 155,780 162,310 222 0.2% 3.8% 4.2% 88 Springfield, MO 130,330 160,900 158,150 217 0.2% 10.2% -1.7% 89 Peoria, IL 107,220 136,350 153,040 210 0.1% 19.5% 12.2% 90 Aguadilla, PR 139,940 143,250 149,260 204 0.1% 3.3% 4.2% 91 Chattanooga, TN 108,850 130,750 146,310 200 0.1% 15.9% 11.9% 92 Pensacola, FL 152,690 142,930 145,190 199 0.1% -2.5% 1.6% 93 Charleston, SC 113,980 116,430 143,020 196 0.1% 12.0% 22.8% 94 Bangor, ME 139,190 140,310 141,920 194 0.1% 1.0% 1.1% 95 El Paso, TX 124,780 127,710 139,730 191 0.1% 5.8% 9.4% 96 Madison, WI 119,520 123,820 138,780 190 0.1% 7.8% 12.1% 97 Huntington, WV 117,640 107,750 132,880 182 0.1% 6.3% 23.3% 98 Tucson, AZ 117,160 136,200 131,870 181 0.1% 6.1% -3.2% 99 Moline, IL 123,920 131,610 131,250 180 0.1% 2.9% -0.3% 100 Wichita, KS 115,890 115,850 127,810 175 0.1% 5.0% 10.3% continued on page 22 page 21

Top 150 Domestic Origin and Destination Passenger Markets at Florida Approximates 100% Sample - Directional Journeyed Passengers Avg. Ann. Change Market Area YE 4Q13 YE 4Q14 YE 4Q15 PDEW SHARE 13-15 14-15 101 Ontario, CA 117,730 116,090 126,360 173 0.1% 3.6% 8.8% 102 Bloomington / Normal, IL 108,230 97,540 124,820 171 0.1% 7.4% 28.0% 103 Fayetteville, AR 110,750 124,620 124,010 170 0.1% 5.8% -0.5% 104 Reno, NV 106,480 109,750 118,060 162 0.1% 5.3% 7.6% 105 Oakland, CA 90,810 101,150 117,550 161 0.1% 13.8% 16.2% 106 Roanoke, VA 106,680 114,290 116,130 159 0.1% 4.3% 1.6% 107 Rockford, IL 96,990 109,650 113,550 156 0.1% 8.2% 3.6% 108 Worcester, MA 14,660 113,010 112,910 155 0.1% 177.5% -0.1% 109 Myrtle Beach, SC 101,030 104,850 112,760 154 0.1% 5.6% 7.5% 110 Toledo, OH 86,020 98,530 108,790 149 0.1% 12.5% 10.4% 111 Sioux Falls, SD 84,010 101,160 106,040 145 0.1% 12.3% 4.8% 112 Wilkes-Barre / Scranton, PA 94,170 99,730 105,660 145 0.1% 5.9% 5.9% 113 Tri-Cities, TN 107,580 113,560 104,640 143 0.1% -1.4% -7.9% 114 Youngstown, OH 69,200 100,000 104,590 143 0.1% 22.9% 4.6% 115 Tallahassee, FL 95,860 95,410 100,310 137 0.1% 2.3% 5.1% 116 Concord, NC 1,130 27,470 99,180 136 0.1% 836.9% 261.0% 117 Elmira / Corning, NY 73,960 98,240 98,780 135 0.1% 15.6% 0.5% 118 Anchorage, AK 85,710 93,530 97,160 133 0.1% 6.5% 3.9% 119 Ponce, PR 86,830 94,860 97,120 133 0.1% 5.8% 2.4% 120 Colorado Springs, CO 110,350 94,650 90,730 124 0.1% -9.3% -4.1% 121 Spokane, WA 80,350 82,300 87,030 119 0.1% 4.1% 5.7% 122 Fargo, ND 74,650 89,120 86,160 118 0.1% 7.4% -3.3% 123 Huntsville, AL 84,340 85,800 85,330 117 0.1% 0.6% -0.5% 124 Key West, FL 104,650 90,980 82,130 113 0.1% -11.4% -9.7% 125 Boise, ID 77,880 78,900 81,290 111 0.1% 2.2% 3.0% 126 Appleton, WI 64,800 69,630 80,200 110 0.1% 11.2% 15.2% 127 Jackson, MS 112,080 95,380 76,640 105 0.1% -17.3% -19.6% 128 Wilmington, NC 71,890 65,560 74,220 102 0.1% 1.6% 13.2% 129 Columbia, SC 48,750 56,610 71,980 99 0.1% 21.5% 27.2% 130 McAllen, TX 53,100 64,840 66,950 92 0.1% 12.3% 3.3% 131 Charlottesville, VA 52,090 63,130 66,000 90 0.1% 12.6% 4.5% 132 Norfolk / Newport News, VA 84,630 74,090 61,130 84 0.1% -15.0% -17.5% 133 Green Bay, WI 50,600 60,440 60,300 83 0.1% 9.2% -0.2% 134 Springfield, IL 34,540 56,000 59,960 82 0.1% 31.8% 7.1% 135 Belleville, IL 25,400 31,170 58,610 80 0.1% 51.9% 88.0% 136 Shreveport, LA 54,140 61,140 57,380 79 0.1% 2.9% -6.1% 137 St Croix, VI 52,940 53,940 56,700 78 0.1% 3.5% 5.1% 138 Charleston, WV 66,910 61,160 56,640 78 0.1% -8.0% -7.4% 139 Bismarck, ND 25,290 48,120 54,770 75 0.1% 47.2% 13.8% 140 Evansville, IN 33,700 39,470 50,960 70 0.0% 23.0% 29.1% 141 Fayetteville, NC 51,150 49,190 50,150 69 0.0% -1.0% 2.0% 142 Fresno, CA 49,190 48,800 50,110 69 0.0% 0.9% 2.7% 143 Eagle, CO 47,570 49,680 50,110 69 0.0% 2.6% 0.9% 144 Traverse City, MI 43,690 47,870 50,080 69 0.0% 7.1% 4.6% 145 Baton Rouge, LA 45,730 46,150 49,880 68 0.0% 4.4% 8.1% 146 Hagerstown, MD 22,820 26,780 46,650 64 0.0% 43.0% 74.2% 147 Bozeman, MT 40,230 42,570 46,070 63 0.0% 7.0% 8.2% 148 Augusta, GA 40,650 43,150 44,960 62 0.0% 5.2% 4.2% 149 Palm Springs, CA 41,140 49,130 44,410 61 0.0% 3.9% -9.6% 150 Midland / Odessa, TX 38,740 43,770 43,280 59 0.0% 5.7% -1.1% Top 150 Markets 90,900,130 93,639,220 102,082,700 139,839 97.9% 6.0% 9.0% Total Domestic Passengers 93,027,450 95,885,430 104,240,090 142,795 100.0% 5.9% 8.7% page 22

FLA Airport Shares at Consolidated O&D Passenger Markets at Florida Approximates 100% Sample - Directional Journeyed Passengers Avg. Ann. Change Market Area / Airport YE 4Q13 YE 4Q14 YE 4Q15 PDEW SHARE 13-15 14-15 Boston Area 1 Boston 3,687,180 3,588,740 3,799,040 5,204 67.5% 1.5% 5.9% 2 Providence 1,251,780 1,208,250 1,273,650 1,745 22.6% 0.9% 5.4% 3 Manchester 589,120 540,390 559,160 766 9.9% -2.6% 3.5% Total of Above 5,528,080 5,337,380 5,631,850 7,715 100.0% 0.9% 5.5% Chicago Area 1 Chicago O'Hare 2,860,410 3,017,130 3,722,960 5,100 66.7% 14.1% 23.4% 2 Chicago Midway 1,683,770 1,692,220 1,861,570 2,550 33.3% 5.1% 10.0% Total of Above 4,544,180 4,709,350 5,584,530 7,650 100.0% 10.9% 18.6% Cleveland / Akron 1 Cleveland 769,350 886,630 1,285,600 1,761 70.9% 29.3% 45.0% 2 Akron / Canton 458,650 420,090 423,640 580 23.4% -3.9% 0.8% 3 Youngstown 69,200 100,000 104,590 143 5.8% 22.9% 4.6% Total of Above 1,297,200 1,406,720 1,813,830 2,485 100.0% 18.2% 28.9% Dallas / Fort Worth 1 Dallas / Ft Worth 1,886,170 1,975,530 2,154,480 2,951 75.7% 6.9% 9.1% 2 Dallas Love Field 304,050 407,430 692,960 949 24.3% 51.0% 70.1% Total of Above 2,190,220 2,382,960 2,847,440 3,901 100.0% 14.0% 19.5% Denver / Colorado Springs 1 Denver 1,690,210 1,837,150 2,110,120 2,891 95.9% 11.7% 14.9% 2 Colorado Springs 110,350 94,650 90,730 124 4.1% -9.3% -4.1% Total of Above 1,800,560 1,931,800 2,200,850 3,015 100.0% 10.6% 13.9% Florida - Southeast 1 Fort Lauderdale 527,620 490,980 508,720 697 52.8% -1.8% 3.6% 2 Miami 427,680 402,150 419,780 575 43.6% -0.9% 4.4% 3 West Palm Beach 37,760 32,210 35,000 48 3.6% -3.7% 8.7% Total of Above 993,060 925,340 963,500 1,320 100.0% -1.5% 4.1% Florida - Southwest 1 Fort Myers 26,710 18,450 20,540 28 87.3% -12.3% 11.3% 2 Sarasota / Bradenton 2,200 2,270 2,980 4 12.7% 16.4% 31.3% 3 Punta Gorda 0 120 0 0 0.0% 100.0% -100.0% Total of Above 28,910 20,840 23,520 32 100.0% -9.8% 12.9% Gulf Coast 1 Pensacola 152,690 142,930 145,190 199 56.6% -2.5% 1.6% 2 Gulfport 33,050 32,100 34,160 47 13.3% 1.7% 6.4% 3 Panama City 22,600 21,540 33,920 46 13.2% 22.5% 57.5% 4 Mobile 20,800 24,320 24,440 33 9.5% 8.4% 0.5% 5 Destin-Fort Walton Beach 16,630 19,670 18,860 26 7.4% 6.5% -4.1% Total of Above 245,770 240,560 256,570 351 100.0% 2.2% 6.7% Los Angeles Basin 1 Los Angeles 2,191,820 2,270,560 2,384,070 3,266 83.3% 4.3% 5.0% 2 Orange County 259,080 254,090 283,680 389 9.9% 4.6% 11.6% 3 Ontario 117,730 116,090 126,360 173 4.4% 3.6% 8.8% 4 Burbank 32,490 30,630 38,040 52 1.3% 8.2% 24.2% 5 Long Beach 29,350 39,420 31,070 43 1.1% 2.9% -21.2% Total of Above 2,630,470 2,710,790 2,863,220 3,922 100.0% 4.3% 5.6% continued on page 24 page 23

0 Airport Shares at Consolidated O&D Passenger Markets at Florida Approximates 100% Sample - Directional Journeyed Passengers Avg. Ann. Change Market Area / Airport YE 4Q13 YE 4Q14 YE 4Q15 PDEW SHARE 13-15 14-15 Houston 1 Houston IAH 964,960 1,103,990 1,297,450 1,777 67.9% 16.0% 17.5% 2 Houston Hobby 517,150 552,000 613,830 841 32.1% 8.9% 11.2% Total of Above 1,482,110 1,655,990 1,911,280 2,618 100.0% 13.6% 15.4% New York City / Newark Area 1 La Guardia 5,083,890 5,151,060 5,494,140 7,526 33.3% 4.0% 6.7% 2 New York Newark 3,889,220 3,906,330 4,165,280 5,706 25.2% 3.5% 6.6% 3 New York J F Kennedy 3,811,150 3,699,350 4,019,560 5,506 24.3% 2.7% 8.7% 4 White Plains 789,710 824,890 839,780 1,150 5.1% 3.1% 1.8% 5 Islip 854,770 861,690 829,830 1,137 5.0% -1.5% -3.7% 6 Newburgh 174,060 172,740 167,110 229 1.0% -2.0% -3.3% Total of Above 15,631,630 15,650,490 16,512,640 22,620 100.0% 2.8% 5.5% Orlando / Sanford 1 Orlando 304,170 275,920 292,800 401 100.0% -1.9% 6.1% 2 Sanford 0 120 0 0 0.0% 100.0% -100.0% Total of Above 304,170 276,040 292,800 401 100.0% -1.9% 6.1% Philadelphia Area 1 Philadelphia 3,208,120 3,100,010 3,663,050 5,018 85.6% 6.9% 18.2% 2 Trenton 123,300 250,060 362,220 496 8.5% 71.4% 44.9% 3 Allentown 217,640 225,070 256,380 351 6.0% 8.5% 13.9% Total of Above 3,549,060 3,575,140 4,281,650 5,865 100.0% 9.8% 19.8% Phoenix / Mesa 1 Phoenix 850,520 916,620 993,510 1,361 100.0% 8.1% 8.4% 2 Mesa Gateway 12,650 0 0 0 0.0% -100.0% 100.0% Total of Above 863,170 916,620 993,510 1,361 100.0% 7.3% 8.4% San Francisco Bay 1 San Francisco 1,288,780 1,387,170 1,454,070 1,992 82.7% 6.2% 4.8% 2 San Jose 184,490 178,060 186,410 255 10.6% 0.5% 4.7% 3 Oakland 90,810 101,150 117,550 161 6.7% 13.8% 16.2% Total of Above 1,564,080 1,666,380 1,758,030 2,408 100.0% 6.0% 5.5% Tampa / St. Petersburg 1 Tampa 531,460 474,330 485,780 665 100.0% -4.4% 2.4% 2 St. Pete / Clearwater 0 0 0 0 0.0% 100.0% 100.0% Total of Above 531,460 474,330 485,780 665 100.0% -4.4% 2.4% Virginia - Southeast 1 Richmond 465,820 479,260 514,340 705 50.7% 5.1% 7.3% 2 Norfolk 478,080 431,880 438,320 600 43.2% -4.2% 1.5% 3 Newport News 84,630 74,090 61,130 84 6.0% -15.0% -17.5% Total of Above 1,028,530 985,230 1,013,790 1,389 100.0% -0.7% 2.9% Washington / Baltimore 1 Washington National 2,657,770 2,588,840 2,952,190 4,044 43.4% 5.4% 14.0% 2 Baltimore 2,809,080 2,837,990 2,924,840 4,007 43.0% 2.0% 3.1% 3 Washington Dulles 693,190 781,170 918,550 1,258 13.5% 15.1% 17.6% Total of Above 6,160,040 6,208,000 6,795,580 9,309 100.0% 5.0% 9.5% page 24

FLA Top 20 Passenger Growth Markets at Florida Calendar Year 2014 to Approximates 100% Sample - Directional Journeyed Passengers - Top 100 Markets Total Paxs Paxs PDEW Growth Market Area YE 4Q15 Growth Growth Rate 1 New York / Newark, NY-NJ 13,678,980 922,240 1,263.3 7.2% 2 Chicago, IL 5,584,530 875,180 1,198.9 18.6% 3 Atlanta, GA 3,926,300 569,780 780.5 17.0% 4 Philadelphia, PA 3,663,050 563,040 771.3 18.2% 5 Washington, DC-VA 3,870,740 500,730 685.9 14.9% 6 Dallas / Fort Worth, TX 2,847,440 464,480 636.3 19.5% 7 Cleveland, OH 1,285,600 398,970 546.5 45.0% 8 Cincinnati, OH 1,084,940 360,400 493.7 49.7% 9 Denver, CO 2,110,120 272,970 373.9 14.9% 10 Houston, TX 1,911,280 255,290 349.7 15.4% 11 Boston, MA 3,799,040 210,300 288.1 5.9% 12 Las Vegas, NV 1,531,550 209,070 286.4 15.8% 13 Indianapolis, IN 1,413,770 208,500 285.6 17.3% 14 Detroit, MI 2,986,370 208,320 285.4 7.5% 15 Pittsburgh, PA 1,432,000 138,790 190.1 10.7% 16 Raleigh / Durham, NC 1,074,060 119,500 163.7 12.5% 17 Los Angeles, CA 2,384,070 113,510 155.5 5.0% 18 Trenton, NJ 362,220 112,160 153.6 44.9% 19 Salt Lake City, UT 631,110 97,490 133.5 18.3% 20 Austin, TX 771,790 97,460 133.5 14.5% Total of Above 56,348,960 6,698,180 9,175.6 13.5% Top 20 Percentage Growth Markets at Florida Calendar Year 2014 to Approximates 100% Sample - Directional Journeyed Passengers - Top 100 Markets Total Paxs Paxs PDEW Growth Market Area YE 4Q15 Growth Growth Rate 1 Cincinnati, OH 1,084,940 360,400 493.7 49.7% 2 Cleveland, OH 1,285,600 398,970 546.5 45.0% 3 Trenton, NJ 362,220 112,160 153.6 44.9% 4 Huntington, WV 132,880 25,130 34.4 23.3% 5 Charleston, SC 143,020 26,590 36.4 22.8% 6 Latrobe, PA 205,280 36,580 50.1 21.7% 7 Dallas / Fort Worth, TX 2,847,440 464,480 636.3 19.5% 8 Asheville, NC 285,180 45,100 61.8 18.8% 9 Chicago, IL 5,584,530 875,180 1,198.9 18.6% 10 Salt Lake City, UT 631,110 97,490 133.5 18.3% 11 Philadelphia, PA 3,663,050 563,040 771.3 18.2% 12 Indianapolis, IN 1,413,770 208,500 285.6 17.3% 13 Atlanta, GA 3,926,300 569,780 780.5 17.0% 14 Las Vegas, NV 1,531,550 209,070 286.4 15.8% 15 Houston, TX 1,911,280 255,290 349.7 15.4% 16 Denver, CO 2,110,120 272,970 373.9 14.9% 17 Washington, DC-VA 3,870,740 500,730 685.9 14.9% 18 Niagara Falls, NY 195,350 24,720 33.9 14.5% 19 Austin, TX 771,790 97,460 133.5 14.5% 20 Allentown, PA 256,380 31,310 42.9 13.9% Total of Above 32,212,530 5,174,950 7,089.0 19.1% page 25

FLA Top 50 Domestic Origin & Destination Markets - Passengers Originating at Florida Approximates 100% Sample - Directional Journeyed Passengers Avg. Ann. Change Market Area YE 4Q13 YE 4Q14 YE 4Q15 PDEW SHARE 13-15 14-15 1 New York / Newark, NY-NJ 4,263,600 4,285,040 4,661,690 6,386 34.2% 4.6% 8.8% 2 Chicago, IL 1,375,270 1,449,820 1,748,980 2,396 31.5% 12.8% 20.6% 3 Atlanta, GA 1,274,660 1,324,310 1,549,670 2,123 40.0% 10.3% 17.0% 4 Washington, DC-VA 1,267,780 1,281,700 1,507,850 2,066 39.2% 9.1% 17.6% 5 Boston, MA 1,161,290 1,144,670 1,250,300 1,713 33.0% 3.8% 9.2% 6 Las Vegas, NV 931,740 948,510 1,079,860 1,479 71.1% 7.7% 13.8% 7 Philadelphia, PA 916,200 877,130 1,060,100 1,452 29.1% 7.6% 20.9% 8 Los Angeles, CA 911,030 948,270 1,009,350 1,383 42.6% 5.3% 6.4% 9 Dallas / Fort Worth, TX 742,560 814,860 975,610 1,336 34.7% 14.6% 19.7% 10 Baltimore, MD 867,740 883,470 910,100 1,247 31.3% 2.4% 3.0% 11 San Juan, PR 902,080 881,880 905,250 1,240 50.1% 0.2% 2.7% 12 Denver, CO 687,860 761,300 895,790 1,227 42.7% 14.1% 17.7% 13 Detroit, MI 648,300 658,720 731,220 1,002 24.6% 6.2% 11.0% 14 Houston, TX 518,120 574,650 667,800 915 35.3% 13.5% 16.2% 15 San Francisco, CA 571,140 608,820 638,330 874 44.2% 5.7% 4.8% 16 Hartford, CT 423,320 471,450 490,070 671 29.6% 7.6% 3.9% 17 Minneapolis, MN 395,190 441,300 481,850 660 23.9% 10.4% 9.2% 18 New Orleans, LA 382,630 407,500 450,150 617 51.9% 8.5% 10.5% 19 Nashville, TN 376,280 422,760 446,960 612 38.4% 9.0% 5.7% 20 Pittsburgh, PA 375,590 363,760 434,440 595 30.5% 7.5% 19.4% 21 Phoenix / Mesa, AZ 366,970 387,320 429,220 588 43.6% 8.1% 10.8% 22 Indianapolis, IN 322,350 324,270 422,890 579 30.1% 14.5% 30.4% 23 Seattle / Tacoma, WA 335,110 362,670 397,330 544 41.3% 8.9% 9.6% 24 Providence, RI 368,170 358,040 380,420 521 30.0% 1.7% 6.3% 25 Raleigh / Durham, NC 319,590 333,870 380,130 521 35.7% 9.1% 13.9% 26 Cleveland, OH 210,740 241,730 370,550 508 28.9% 32.6% 53.3% 27 Charlotte, NC 369,760 364,130 355,270 487 37.2% -2.0% -2.4% 28 Columbus, OH 292,300 311,660 353,960 485 29.7% 10.0% 13.6% 29 St. Louis, MO 322,810 314,220 339,880 466 29.8% 2.6% 8.2% 30 San Diego, CA 281,950 304,780 339,170 465 45.7% 9.7% 11.3% 31 Cincinnati, OH 143,310 194,540 336,050 460 31.1% 53.1% 72.7% 32 Buffalo, NY 310,230 302,480 314,270 431 27.3% 0.6% 3.9% 33 Austin, TX 229,080 247,680 291,040 399 37.9% 12.7% 17.5% 34 Long Island, NY 274,140 282,560 276,030 378 33.3% 0.3% -2.3% 35 Milwaukee, WI 259,690 255,840 263,620 361 25.8% 0.8% 3.0% 36 Fort Lauderdale, FL 271,620 252,120 259,630 356 51.1% -2.2% 3.0% 37 Kansas City, MO 228,450 234,600 258,630 354 28.5% 6.4% 10.2% 38 White Plains, NY 245,270 249,030 252,120 345 30.1% 1.4% 1.2% 39 Salt Lake City, UT 190,650 209,680 245,590 336 39.2% 13.5% 17.1% 40 Tampa / St. Pete / Clearwater, FL 249,900 225,680 234,230 321 48.4% -3.2% 3.8% 41 Atlantic City, NJ 210,950 220,990 227,530 312 28.9% 3.9% 3.0% 42 San Antonio, TX 189,040 199,920 221,680 304 42.3% 8.3% 10.9% 43 Albany, NY 164,260 178,380 198,290 272 30.7% 9.9% 11.2% 44 Miami, FL 194,790 185,260 194,060 266 46.7% -0.2% 4.8% 45 Manchester, NH 177,850 161,520 170,350 233 30.5% -2.1% 5.5% 46 Richmond, VA 144,540 150,040 165,940 227 32.5% 7.1% 10.6% 47 Orlando / Sanford, FL 163,500 152,440 161,130 221 55.3% -0.7% 5.7% 48 Portland, OR 138,300 144,770 160,180 219 37.1% 7.6% 10.6% 49 Memphis, TN 138,510 136,490 160,130 219 35.6% 7.5% 17.3% 50 Norfolk, VA 172,770 153,340 156,800 215 36.1% -4.7% 2.3% Top 50 Markets 26,278,980 26,989,970 30,211,490 41,386 35.1% 7.2% 11.9% Total Originated Passengers 32,351,530 33,601,190 37,255,900 51,035 36.0% 7.3% 10.9% page 26

FLA Top 50 Domestic Origin & Destination Markets - Passengers Visiting Florida Approximates 100% Sample - Directional Journeyed Passengers Avg. Ann. Change Market Area YE 4Q13 YE 4Q14 YE 4Q15 PDEW SHARE 13-15 14-15 1 New York / Newark, NY-NJ 8,467,990 8,418,750 8,965,650 12,282 65.8% 2.9% 6.5% 2 Chicago, IL 3,139,820 3,228,750 3,800,920 5,207 68.5% 10.0% 17.7% 3 Philadelphia, PA 2,277,710 2,208,640 2,585,930 3,542 70.9% 6.6% 17.1% 4 Boston, MA 2,512,390 2,429,260 2,533,680 3,471 67.0% 0.4% 4.3% 5 Washington, DC-VA 2,060,790 2,064,910 2,338,090 3,203 60.8% 6.5% 13.2% 6 Atlanta, GA 1,890,630 1,976,900 2,323,900 3,183 60.0% 10.9% 17.6% 7 Detroit, MI 1,994,850 2,105,440 2,238,430 3,066 75.4% 5.9% 6.3% 8 Baltimore, MD 1,919,300 1,936,210 1,997,310 2,736 68.7% 2.0% 3.2% 9 Dallas / Fort Worth, TX 1,418,910 1,533,910 1,835,340 2,514 65.3% 13.7% 19.7% 10 Minneapolis, MN 1,309,950 1,501,200 1,533,300 2,100 76.1% 8.2% 2.1% 11 Los Angeles, CA 1,264,140 1,304,110 1,357,310 1,859 57.4% 3.6% 4.1% 12 Houston, TX 942,350 1,056,890 1,221,570 1,673 64.7% 13.9% 15.6% 13 Denver, CO 990,830 1,063,930 1,201,580 1,646 57.3% 10.1% 12.9% 14 Hartford, CT 1,032,970 1,153,400 1,166,530 1,598 70.4% 6.3% 1.1% 15 Pittsburgh, PA 929,610 924,660 991,590 1,358 69.5% 3.3% 7.2% 16 Indianapolis, IN 861,370 874,260 982,530 1,346 69.9% 6.8% 12.4% 17 Cleveland, OH 555,340 641,400 911,520 1,249 71.1% 28.1% 42.1% 18 San Juan, PR 938,740 913,990 900,130 1,233 49.9% -2.1% -1.5% 19 Providence, RI 880,720 846,480 889,310 1,218 70.0% 0.5% 5.1% 20 Columbus, OH 761,120 806,650 838,340 1,148 70.3% 5.0% 3.9% 21 Buffalo, NY 930,310 886,590 835,710 1,145 72.7% -5.2% -5.7% 22 San Francisco, CA 707,140 767,160 805,270 1,103 55.8% 6.7% 5.0% 23 St. Louis, MO 799,380 762,840 802,320 1,099 70.2% 0.2% 5.2% 24 Milwaukee, WI 718,700 765,820 757,700 1,038 74.2% 2.7% -1.1% 25 Cincinnati, OH 487,160 525,420 744,660 1,020 68.9% 23.6% 41.7% 26 Nashville, TN 631,270 683,510 717,050 982 61.6% 6.6% 4.9% 27 Raleigh / Durham, NC 587,100 612,900 685,510 939 64.3% 8.1% 11.8% 28 Kansas City, MO 600,730 618,690 647,340 887 71.5% 3.8% 4.6% 29 Charlotte, NC 615,340 624,180 600,350 822 62.8% -1.2% -3.8% 30 White Plains, NY 542,720 573,670 585,630 802 69.9% 3.9% 2.1% 31 Seattle / Tacoma, WA 519,590 544,710 563,980 773 58.7% 4.2% 3.5% 32 Atlantic City, NJ 486,430 542,790 559,550 767 71.1% 7.3% 3.1% 33 Phoenix / Mesa, AZ 488,700 520,430 555,170 761 56.4% 6.6% 6.7% 34 Long Island, NY 579,030 577,450 552,270 757 66.7% -2.3% -4.4% 35 Austin, TX 384,960 422,600 476,120 652 62.1% 11.2% 12.7% 36 Albany, NY 397,250 400,740 447,980 614 69.3% 6.2% 11.8% 37 Las Vegas, NV 335,510 360,950 438,340 600 28.9% 14.3% 21.4% 38 New Orleans, LA 369,780 390,510 416,500 571 48.1% 6.1% 6.7% 39 San Diego, CA 338,800 371,280 402,390 551 54.3% 9.0% 8.4% 40 Manchester, NH 409,920 377,520 387,350 531 69.5% -2.8% 2.6% 41 Salt Lake City, UT 294,630 320,010 380,510 521 60.8% 13.6% 18.9% 42 Richmond, VA 318,220 325,480 344,200 472 67.5% 4.0% 5.8% 43 Grand Rapids, MI 296,360 307,590 340,060 466 68.6% 7.1% 10.6% 44 Rochester, NY 335,180 317,410 324,690 445 70.4% -1.6% 2.3% 45 Louisville, KY 311,680 316,610 311,220 426 68.3% -0.1% -1.7% 46 Akron / Canton, OH 336,310 309,780 305,430 418 72.4% -4.7% -1.4% 47 Syracuse, NY 305,950 301,370 302,590 415 67.0% -0.6% 0.4% 48 San Antonio, TX 262,590 270,760 302,590 415 57.7% 7.3% 11.8% 49 Memphis, TN 268,890 290,070 289,700 397 64.4% 3.8% -0.1% 50 Norfolk, VA 301,840 273,600 277,040 380 63.9% -4.2% 1.3% Top 50 Markets 50,111,000 51,352,180 55,772,180 76,400 64.9% 5.5% 8.6% Total Visiting Passengers 60,057,940 61,613,620 66,313,650 90,841 64.0% 5.1% 7.6% page 27

FLA Top 20 International Origin & Destination Passenger Gateways at Florida Approximates 100% Sample - Directional Journeyed Passengers Avg. Ann. Change Market Area YE 4Q13 YE 4Q14 YE 4Q15 PDEW SHARE 13-15 14-15 1 New York / Newark, NY-NJ 2,339,890 2,340,240 2,381,880 3,263 17.6% 0.9% 1.8% 2 Atlanta, GA 1,386,800 1,365,030 1,411,330 1,933 10.4% 0.9% 3.4% 3 Miami, FL 976,100 976,470 902,650 1,237 6.7% -3.8% -7.6% 4 Chicago, IL 821,440 791,050 720,910 988 5.3% -6.3% -8.9% 5 Dallas / Fort Worth, TX 606,190 647,670 682,320 935 5.0% 6.1% 5.3% 6 Washington, DC-VA 717,800 691,650 671,260 920 5.0% -3.3% -2.9% 7 Orlando / Sanford, FL 671,090 675,990 629,140 862 4.7% -3.2% -6.9% 8 Los Angeles, CA 611,580 586,670 561,110 769 4.2% -4.2% -4.4% 9 Houston, TX 556,060 589,360 553,320 758 4.1% -0.2% -6.1% 10 Boston, MA 486,070 492,550 508,700 697 3.8% 2.3% 3.3% 11 Philadelphia, PA 494,360 501,030 485,880 666 3.6% -0.9% -3.0% 12 Charlotte, NC 373,680 391,090 358,910 492 2.7% -2.0% -8.2% 13 Detroit, MI 339,950 305,610 266,700 365 2.0% -11.4% -12.7% 14 Tampa / St. Pete / Clearwater, FL 273,250 269,860 266,390 365 2.0% -1.3% -1.3% 15 San Francisco, CA 260,000 253,070 253,670 347 1.9% -1.2% 0.2% 16 San Juan, PR 249,620 192,340 199,570 273 1.5% -10.6% 3.8% 17 Minneapolis, MN 185,440 165,210 168,320 231 1.2% -4.7% 1.9% 18 Baltimore, MD 142,090 140,740 164,690 226 1.2% 7.7% 17.0% 19 Denver, CO 154,860 163,230 161,850 222 1.2% 2.2% -0.8% 20 Las Vegas, NV 173,670 156,420 159,460 218 1.2% -4.2% 1.9% Total Gateway Passengers 13,552,630 13,502,910 13,517,030 18,516 100.0% -0.1% 0.1% Top 20 Domestic Origin & Destination Zero Fare Passenger Markets at Florida Approximates 100% Sample - Directional Journeyed Passengers Avg. Ann. Change Market Area YE 4Q13 YE 4Q14 YE 4Q15 PDEW SHARE 13-15 14-15 1 New York / Newark, NY-NJ 732,520 835,520 982,840 1,346 12.5% 15.8% 17.6% 2 Chicago, IL 476,150 514,750 547,620 750 7.0% 7.2% 6.4% 3 Baltimore, MD 224,700 273,580 305,670 419 3.9% 16.6% 11.7% 4 Boston, MA 209,360 229,600 263,110 360 3.3% 12.1% 14.6% 5 Dallas / Fort Worth, TX 205,130 224,610 248,760 341 3.2% 10.1% 10.8% 6 Atlanta, GA 183,300 185,860 229,380 314 2.9% 11.9% 23.4% 7 Philadelphia, PA 201,530 213,790 215,850 296 2.7% 3.5% 1.0% 8 Los Angeles, CA 172,530 185,890 196,690 269 2.5% 6.8% 5.8% 9 Houston, TX 162,490 175,080 193,920 266 2.5% 9.2% 10.8% 10 Denver, CO 170,540 181,820 184,390 253 2.3% 4.0% 1.4% 11 Detroit, MI 157,370 165,590 170,950 234 2.2% 4.2% 3.2% 12 Nashville, TN 129,920 153,570 168,790 231 2.1% 14.0% 9.9% 13 Washington, DC-VA 136,140 147,900 166,890 229 2.1% 10.7% 12.8% 14 St. Louis, MO 130,030 147,210 155,450 213 2.0% 9.3% 5.6% 15 Providence, RI 112,670 127,730 138,590 190 1.8% 10.9% 8.5% 16 Minneapolis, MN 135,500 128,790 137,930 189 1.8% 0.9% 7.1% 17 San Francisco, CA 109,520 119,760 132,910 182 1.7% 10.2% 11.0% 18 Hartford, CT 90,820 116,350 129,600 178 1.6% 19.5% 11.4% 19 Las Vegas, NV 107,370 116,160 118,250 162 1.5% 4.9% 1.8% 20 Kansas City, MO 89,780 105,890 116,410 159 1.5% 13.9% 9.9% Total Zero Fare Passengers 6,601,970 7,218,570 7,875,510 10,788 100.0% 9.2% 9.1% page 28