Hector International Airport · Hector International Airport - Fargo, ND Table of Contents...

54
Volume 072 November 2007 Highlights in This Issue The top domestic PASSENGER market at Fargo was Las Vegas, followed by Denver, Chicago, Phoenix and Minneapolis. Las Vegas and Chicago were the largest airline REVENUE markets at Fargo. INTERNATIONAL PASSENGERS at Fargo traveling via alternate domestic gateways use Minneapolis most frequently, followed by Chicago and Denver. 55 passengers per day each way use alternate gateways. Fargo averaged 16.7 domestic DEPARTURES, 1,228 available SEATS, and 830 onboard PASSENGERS per day each way, while LOAD FACTORS at Fargo averaged 67.6% over the Twelve Months Ended June 2007. Among the top 150 domestic US Origin and Destination passenger airports, Fargo ranked 142nd in terms of PASSENGERS and 135th in terms of REVENUE. With an average one-way FARE of $225, Fargo ranked 23rd10th. Twelve Months Ended June 2007 Hector International Airport Fargo, North Dakota Airlines Serving Fargo Carried 830 Onboard Passengers Per Day for the (701) 241-1501 (541) 341-1601 Airport Traffic Quarterly Twelve Months Ended June 2007, up 1.9% over the previous 12 months. Post Office Box 2845 1180 West 15th Ave Fargo, North Dakota 58108 Eugene, Oregon 97402

Transcript of Hector International Airport · Hector International Airport - Fargo, ND Table of Contents...

Page 1: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

Volume 072 November 2007

Highlights in This Issue

The top domestic PASSENGER market at Fargo was Las Vegas,followed by Denver, Chicago, Phoenix and Minneapolis. Las Vegasand Chicago were the largest airline REVENUE markets at Fargo.

INTERNATIONAL PASSENGERS at Fargo traveling via alternate domesticgateways use Minneapolis most frequently, followed by Chicago andDenver. 55 passengers per day each way use alternate gateways.

Fargo averaged 16.7 domestic DEPARTURES, 1,228 available SEATS, and 830onboard PASSENGERS per day each way, while LOAD FACTORS at Fargoaveraged 67.6% over the Twelve Months Ended June 2007.

Among the top 150 domestic US Origin and Destination passenger airports,Fargo ranked 142nd in terms of PASSENGERS and 135th in terms of REVENUE.With an average one-way FARE of $225, Fargo ranked 23rd10th.

Twelve Months Ended June 2007

Hector International AirportFargo, North Dakota

Airlines Serving Fargo Carried 830 Onboard Passengers Per Day for the

(701) 241-1501 (541) 341-1601

Airp

ort T

raffi

c Q

uarte

rly

Twelve Months Ended June 2007, up 1.9% over the previous 12 months.

Post Office Box 2845 1180 West 15th AveFargo, North Dakota 58108 Eugene, Oregon 97402

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Local

2 Non-stop Scheduled Passenger Service at Fargo / Top Markets Graph at Fargo

3 Six Year Passenger and Revenue Growth with Fare and Yield Changes at Fargo

4-5 Top 100 Domestic Passenger Markets at Fargo

6-7 Airport Passenger Shares at Consolidated Market Areas

8 Top Growth Markets at Fargo

9 Top 50 Fargo Originated Passenger Markets

10 Top 50 Fargo Visiting Passenger Markets

11 Top Gateway & Top Zero Fare Passenger Markets at Fargo

12-13 Top 100 Revenue Markets at Fargo

14 Average Fares at Top 50 Passenger Markets at Fargo

15 Average Yields at Top 50 Passenger Markets at Fargo

16 Top Passenger & Revenue Carriers at Fargo

17 Operating Statistics of Top Carriers at Fargo

18 Top 50 Passenger Markets at Fargo by Carrier

19 Graph of Top 50 Passenger Markets at Fargo by Carrier

20-21 Statistical Summary of Top 100 Northwest Airlines Airports - Fargo is Ranked 43rd

22-24 Statistical Summary of Top 150 United Airlines Airports - Fargo is Ranked 99th

25-26 Statistical Summary of Top 61 Allegiant Air Airports - Fargo is Ranked 24th

27-30 Statistical Summary of Top 204 Delta Air Lines Airports - Fargo is Ranked 203rd

31 Top Segment Trip Airport Pairs, Carriers, Aircraft Flown and Aircraft Types at Fargo

32 Top Seats Available Airport Pairs, Carriers, Aircraft Flown and Aircraft Types at Fargo

33 Top Onboard Passenger Airport Pairs, Carriers, Aircraft Flown and Aircraft Types at Fargo

34 Load Factors at Top Seats Available Airport Pairs, Carriers, Aircraft Flown and Aircraft Types at Fargo

Regional

35 Top 50 Central Region Airports - Domestic Flights Completed

36 Top 50 Central Region Airports - Domestic Seats Available

37 Top 50 Central Region Airports - Domestic Onboard Passengers

38 Top 50 Central Region Airports - Domestic Load Factor

39 Top 50 Central Region Airports - Domestic Origin and Destination Passengers

40 Top 50 Central Region Airports - Domestic Origin and Destination Revenue

41 Top 50 Central Region Airports - Domestic Fares

42 Top 50 Central Region Airports - Domestic Yield

National

43-45 Top 150 Domestic US Origin and Destination Passenger Airports - Fargo is Ranked 142nd

46-48 Top 150 Domestic US Origin and Destination Revenue Airports - Fargo is Ranked 135th

49-51 Statistical Comparisons of Top 150 US Origin and Destination Airports - Fargo's Fares Rank 10th

Appendix

52 Glossary of Terms

page 1

Airport Traffic Quarterly

Central Region: Arkansas, Illinois, Iowa, Kansas, Louisiana, Minnesota, Missouri,

Hector International Airport - Fargo, ND

Table of Contents

Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin

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page 2

Ranked by Twelve Months Ended June 2007Top 20 Domestic O&D Passenger Markets at Fargo

Airport Traffic Quarterly

Hector International Airport - Fargo, ND

Non-stop Scheduled Passenger Service at Fargoas of November 2007

55,470 37,400

29,970 29,540

22,780 17,830

15,540 13,710

11,590 10,970

10,480 9,610 9,530 9,480

8,980 8,470

7,260 7,080 6,930

6,350

0 10000 20000 30000 40000 50000 60000

Las Vegas - 1Denver - 2

Chicago - 3Phoenix - 4

Minneapolis - 5Seattle/Tacoma - 6

Washington - 7New York - 8

Orlando - 9Dallas/Ft Worth - 10

Los Angeles - 11San Diego - 12

Portland, OR - 13Atlanta - 14

Salt Lake City - 15San Francisco - 16

Houston - 17St Louis - 18

Orange County - 19Kansas City - 20

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Airport Traffic Quarterly

Hector International Airport - Fargo, ND

Domestic O&D Revenue & Yield Changes at FargoTwelve Months Ended June 2002 to Twelve Months Ended June 2007

Domestic O&D Passenger & Fare Changes at FargoTwelve Months Ended June 2002 to Twelve Months Ended June 2007

558,670

399,410

450,160 463,550498,610

540,370

$225$209

$189 $198 $200$215

0

300,000

600,000

YE 2Q 2002 YE 2Q 2003 YE 2Q 2004 YE 2Q 2005 YE 2Q 2006 YE 2Q 2007$0.00

O&D Passengers Fared Average Fare

$112,590

$105,374

$90,224$82,294

$76,425$73,428

18.89¢18.14¢16.90¢16.48¢16.02¢

17.80¢

0

60,000

120,000

YE 2Q 2002 YE 2Q 2003 YE 2Q 2004 YE 2Q 2005 YE 2Q 2006 YE 2Q 20070.00

O&D Revenue (thousands) Fared Average Yield

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PDEW Percent ofMarket YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Las Vegas, NV 19,460 44,860 55,470 76.0 9.9% 68.8% 23.7% 2 Denver, CO 36,800 36,630 37,400 51.2 6.7% 0.8% 2.1% 3 Chicago, IL 36,640 33,800 29,970 41.1 5.4% -9.6% -11.3% 4 Phoenix, AZ 27,670 29,580 29,540 40.5 5.3% 3.3% -0.1% 5 Minneapolis, MN 23,240 23,880 22,780 31.2 4.1% -1.0% -4.6% 6 Seattle/Tacoma, WA 17,340 16,340 17,830 24.4 3.2% 1.4% 9.1% 7 Washington, DC 16,100 15,650 15,540 21.3 2.8% -1.8% -0.7% 8 New York, NY 13,380 13,130 13,710 18.8 2.5% 1.2% 4.4% 9 Orlando, FL 11,420 11,630 11,590 15.9 2.1% 0.7% -0.3% 10 Dallas/Ft Worth, TX 10,220 11,670 10,970 15.0 2.0% 3.6% -6.0% 11 Los Angeles, CA 10,300 10,970 10,480 14.4 1.9% 0.9% -4.5% 12 San Diego, CA 9,700 9,760 9,610 13.2 1.7% -0.5% -1.5% 13 Portland, OR 8,640 10,150 9,530 13.1 1.7% 5.0% -6.1% 14 Atlanta, GA 7,110 7,560 9,480 13.0 1.7% 15.5% 25.4% 15 Salt Lake City, UT 5,230 5,650 8,980 12.3 1.6% 31.0% 58.9% 16 San Francisco, CA 7,900 8,700 8,470 11.6 1.5% 3.5% -2.6% 17 Houston, TX 5,810 6,190 7,260 9.9 1.3% 11.8% 17.3% 18 St Louis, MO 6,400 6,310 7,080 9.7 1.3% 5.2% 12.2% 19 Orange County, CA 5,970 5,980 6,930 9.5 1.2% 7.7% 15.9% 20 Kansas City, MO 6,290 6,190 6,350 8.7 1.1% 0.5% 2.6% 21 Boston, MA 4,960 5,320 5,920 8.1 1.1% 9.2% 11.3% 22 Tampa, FL 5,590 4,810 5,870 8.0 1.1% 2.5% 22.0% 23 Detroit, MI 6,260 6,250 5,540 7.6 1.0% -5.9% -11.4% 24 Sacramento, CA 5,610 5,980 5,270 7.2 0.9% -3.1% -11.9% 25 Baltimore, MD 4,650 4,750 5,100 7.0 0.9% 4.7% 7.4% 26 Philadelphia, PA 4,230 5,250 4,850 6.6 0.9% 7.1% -7.6% 27 Tucson, AZ 2,870 3,730 4,690 6.4 0.8% 27.8% 25.7% 28 San Antonio, TX 3,630 4,420 4,660 6.4 0.8% 13.3% 5.4% 29 Indianapolis, IN 4,880 5,050 4,650 6.4 0.8% -2.4% -7.9% 30 Milwaukee, WI 5,380 4,910 4,470 6.1 0.8% -8.8% -9.0% 31 Reno, NV 3,610 4,000 4,180 5.7 0.7% 7.6% 4.5% 32 Anchorage, AK 3,900 3,940 3,880 5.3 0.7% -0.3% -1.5% 33 Charlotte, NC 2,690 3,250 3,830 5.2 0.7% 19.3% 17.8% 34 Nashville, TN 3,980 3,480 3,750 5.1 0.7% -2.9% 7.8% 35 Honolulu, HI 3,260 3,340 3,740 5.1 0.7% 7.1% 12.0% 36 San Jose, CA 4,020 4,310 3,690 5.1 0.7% -4.2% -14.4% 37 Fort Myers, FL 3,740 3,920 3,520 4.8 0.6% -3.0% -10.2% 38 Boise, ID 2,790 3,500 3,490 4.8 0.6% 11.8% -0.3% 39 Albuquerque, NM 3,140 2,940 3,440 4.7 0.6% 4.7% 17.0% 40 Cleveland, OH 2,590 3,130 3,260 4.5 0.6% 12.2% 4.2% 41 Spokane, WA 2,930 3,030 3,230 4.4 0.6% 5.0% 6.6% 42 Fort Lauderdale, FL 3,470 3,400 3,180 4.4 0.6% -4.3% -6.5% 43 Des Moines, IA 3,210 3,050 3,080 4.2 0.6% -2.0% 1.0% 44 Raleigh/Durham, NC 3,060 3,330 3,070 4.2 0.5% 0.2% -7.8% 45 Miami, FL 3,500 3,690 3,030 4.2 0.5% -7.0% -17.9% 46 Pittsburgh, PA 2,340 2,710 2,870 3.9 0.5% 10.7% 5.9% 47 Hartford, CT 2,790 2,740 2,810 3.8 0.5% 0.4% 2.6% 48 Ontario, CA 3,770 3,280 2,810 3.8 0.5% -13.7% -14.3% 49 Columbus, OH 3,060 2,740 2,780 3.8 0.5% -4.7% 1.5% 50 Austin, TX 2,800 2,560 2,710 3.7 0.5% -1.6% 5.9%

source: US DOT Table DB1A

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Avg. Ann. ChangeRank

continued on page 5

Hector International Airport - Fargo, ND

Airport Traffic Quarterly

Top 100 Domestic Origin and Destination Passenger Markets at FargoRanked by Twelve Months Ended June 2007

Approximates 100% Sample - Directional Journeyed Passengers

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PDEW Percent ofMarket YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

51 Colorado Springs, CO 2,970 2,900 2,660 3.6 0.5% -5.4% -8.3% 52 Cincinnati, OH 2,130 2,210 2,550 3.5 0.5% 9.4% 15.4% 53 Palm Springs, CA 1,570 1,610 2,450 3.4 0.4% 24.9% 52.2% 54 Memphis, TN 2,360 2,510 2,410 3.3 0.4% 1.1% -4.0% 55 Moline, IL 2,270 2,390 2,220 3.0 0.4% -1.1% -7.1% 56 Omaha, NE 2,010 2,690 2,150 2.9 0.4% 3.4% -20.1% 57 Madison, WI 2,410 1,830 2,130 2.9 0.4% -6.0% 16.4% 58 Oklahoma City, OK 1,950 1,980 2,070 2.8 0.4% 3.0% 4.5% 59 Jacksonville, FL 1,650 2,110 2,050 2.8 0.4% 11.5% -2.8% 60 New Orleans, LA 3,800 1,560 1,940 2.7 0.3% -28.5% 24.4% 61 Billings, MT 1,630 1,980 1,930 2.6 0.3% 8.8% -2.5% 62 Missoula, MT 1,080 1,540 1,860 2.5 0.3% 31.2% 20.8% 63 Norfolk, VA 1,870 1,960 1,820 2.5 0.3% -1.3% -7.1% 64 Louisville, KY 1,300 1,970 1,730 2.4 0.3% 15.4% -12.2% 65 Rapid City, SD 1,590 1,690 1,730 2.4 0.3% 4.3% 2.4% 66 Syracuse, NY 1,070 1,170 1,660 2.3 0.3% 24.6% 41.9% 67 Grand Rapids, MI 1,630 1,740 1,620 2.2 0.3% -0.3% -6.9% 68 Oakland, CA 1,410 920 1,590 2.2 0.3% 6.2% 72.8% 69 Dayton, OH 1,550 2,210 1,550 2.1 0.3% 0.0% -29.9% 70 Bozeman, MT 770 1,530 1,530 2.1 0.3% 41.0% 0.0% 71 Providence, RI 1,400 1,450 1,470 2.0 0.3% 2.5% 1.4% 72 Cedar Rapids, IA 1,570 1,570 1,440 2.0 0.3% -4.2% -8.3% 73 Great Falls, MT 600 830 1,420 1.9 0.3% 53.8% 71.1% 74 Kahului, HI 1,920 2,140 1,390 1.9 0.2% -14.9% -35.0% 75 Tulsa, OK 940 900 1,380 1.9 0.2% 21.2% 53.3% 76 Greensboro, NC 1,160 1,100 1,320 1.8 0.2% 6.7% 20.0% 77 Harrisburg, PA 1,130 1,450 1,310 1.8 0.2% 7.7% -9.7% 78 Richmond, VA 1,310 1,460 1,290 1.8 0.2% -0.8% -11.6% 79 Birmingham, AL 640 960 1,220 1.7 0.2% 38.1% 27.1% 80 Fresno, CA 250 820 1,210 1.7 0.2% 120.0% 47.6% 81 Bull. City/Laughlin, AZ 930 1,740 1,200 1.6 0.2% 13.6% -31.0% 82 Portland, ME 1,010 750 1,190 1.6 0.2% 8.5% 58.7% 83 Buffalo, NY 1,030 1,330 1,180 1.6 0.2% 7.0% -11.3% 84 Green Bay, WI 1,070 990 1,140 1.6 0.2% 3.2% 15.2% 85 Wichita, KS 1,140 1,140 1,110 1.5 0.2% -1.3% -2.6% 86 Knoxville, TN 870 1,080 1,110 1.5 0.2% 13.0% 2.8% 87 Eugene, OR 330 600 1,100 1.5 0.2% 82.6% 83.3% 88 El Paso, TX 410 690 1,090 1.5 0.2% 63.1% 58.0% 89 Columbia, SC 760 1,230 1,040 1.4 0.2% 17.0% -15.4% 90 Charleston, SC 960 1,110 1,020 1.4 0.2% 3.1% -8.1% 91 Little Rock, AR 940 950 1,010 1.4 0.2% 3.7% 6.3% 92 Peoria, IL 680 1,020 990 1.4 0.2% 20.7% -2.9% 93 Manchester, NH 1,420 1,210 980 1.3 0.2% -16.9% -19.0% 94 Rochester, NY 720 760 970 1.3 0.2% 16.1% 27.6% 95 Roanoke, VA 690 750 940 1.3 0.2% 16.7% 25.3% 96 Springfield, MO 850 770 940 1.3 0.2% 5.2% 22.1% 97 Casper, WY 400 690 900 1.2 0.2% 50.0% 30.4% 98 Pasco, WA 250 820 890 1.2 0.2% 88.7% 8.5% 99 Burbank, CA 290 810 870 1.2 0.2% 73.2% 7.4% 100 Santa Barbara, CA 400 570 830 1.1 0.1% 44.0% 45.6%

Top 100 Markets 461,420 501,630 519,940 712.2 93.1% 6.2% 3.7%

Total Domestic Passengers 498,610 540,370 558,670 765.3 100.0% 5.9% 3.4%

source: US DOT Table DB1A

page 5

Approximates 100% Sample - Directional Journeyed Passengers

Avg. Ann. ChangeRank

Hector International Airport - Fargo, ND

Airport Traffic Quarterly

Top 100 Domestic Origin and Destination Passenger Markets at FargoRanked by Twelve Months Ended June 2007

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FAR

PDEW Percent ofMarket Area / Airport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

Boston Area1 Boston, MA 4,960 5,320 5,920 8.1 70.7% 9.2% 11.3% 2 Providence, RI 1,400 1,450 1,470 2.0 17.6% 2.5% 1.4% 3 Manchester, NH 1,420 1,210 980 1.3 11.7% -16.9% -19.0% 4 Worcester, MA 0 0 0 0.0 0.0% 100.0% 100.0%

Total of Above 7,780 7,980 8,370 11.5 100.0% 3.7% 4.9%

Chicago Area1 Chicago O'Hare, IL 34,210 31,300 27,580 37.8 75.4% -10.2% -11.9% 2 Milwaukee, WI 5,380 4,910 4,470 6.1 12.2% -8.8% -9.0% 3 Chicago Midway, IL 2,430 2,500 2,390 3.3 6.5% -0.8% -4.4% 4 Madison, WI 2,410 1,830 2,130 2.9 5.8% -6.0% 16.4% 5 Rockford, IL 0 0 0 0.0 0.0% 100.0% 100.0% 6 Gary, IN 0 0 0 0.0 0.0% 100.0% 100.0%

Total of Above 44,430 40,540 36,570 50.1 100.0% -9.3% -9.8%

Cleveland Area1 Cleveland, OH 2,590 3,130 3,260 4.5 88.8% 12.2% 4.2% 2 Akron/Canton, OH 390 420 410 0.6 11.2% 2.5% -2.4%

Total of Above 2,980 3,550 3,670 5.0 100.0% 11.0% 3.4%

Dallas / Fort Worth Area1 Dallas/Ft Worth, TX 10,200 11,670 10,970 15.0 100.0% 3.7% -6.0% 2 Dallas Love Field, TX 20 0 0 0.0 0.0% -100.0% 100.0%

Total of Above 10,220 11,670 10,970 15.0 100.0% 3.6% -6.0%

Detroit Area1 Detroit, MI 6,260 6,250 5,540 7.6 83.1% -5.9% -11.4% 2 Lansing, MI 990 480 650 0.9 9.7% -19.0% 35.4% 3 Flint, MI 680 540 330 0.5 4.9% -30.3% -38.9% 4 Toledo, OH 150 160 150 0.2 2.2% 0.0% -6.3%

Total of Above 8,080 7,430 6,670 9.1 100.0% -9.1% -10.2%

East Florida Area1 Orlando, FL 11,420 11,630 11,590 15.9 98.6% 0.7% -0.3% 2 Daytona Beach, FL 80 40 100 0.1 0.9% 11.8% 150.0% 3 Melbourne, FL 40 20 70 0.1 0.6% 32.3% 250.0% 4 Sanford, FL 0 0 0 0.0 0.0% 100.0% 100.0%

Total of Above 11,540 11,690 11,760 16.1 100.0% 0.9% 0.6%

Colorado Front Range Area1 Denver, CO 36,800 36,630 37,400 51.2 92.9% 0.8% 2.1% 2 Colorado Springs, CO 2,970 2,900 2,660 3.6 6.6% -5.4% -8.3% 3 Cheyenne, WY 0 70 190 0.3 0.5% 100.0% 171.4% 4 Pueblo, CO 0 0 20 0.0 0.0% 100.0% 100.0%

Total of Above 39,770 39,600 40,270 55.2 100.0% 0.6% 1.7%

Houston Area1 Houston Intercontinental, TX 5,690 6,190 7,180 9.8 98.9% 12.3% 16.0% 2 Houston Hobby, TX 120 0 80 0.1 1.1% -18.4% 100.0% 3 Houston Ellington Field, TX 0 0 0 0.0 0.0% 100.0% 100.0%

Total of Above 5,810 6,190 7,260 9.9 100.0% 11.8% 17.3%

source: US DOT Table DB1A

Avg. Ann. Change

Hector International Airport - Fargo, ND

page 6

Airport Traffic Quarterly

Airport Shares at Consolidated O&D Passenger Markets at FargoRanked by Twelve Months Ended June 2007

Approximates 100% Sample - Directional Journeyed Passengers

continued on page 7

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0

PDEW Percent ofMarket Area / Airport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

Los Angeles Area1 Los Angeles, CA 10,300 10,970 10,480 14.4 49.2% 0.9% -4.5% 2 Orange County, CA 5,970 5,980 6,930 9.5 32.6% 7.7% 15.9% 3 Ontario, CA 3,770 3,280 2,810 3.8 13.2% -13.7% -14.3% 4 Burbank, CA 290 810 870 1.2 4.1% 73.2% 7.4% 5 Long Beach, CA 50 20 200 0.3 0.9% 100.0% 900.0%

Total of Above 20,380 21,060 21,290 29.2 100.0% 2.2% 1.1%

New York City Area1 New York La Guardia, NY 7,130 7,150 7,470 10.2 51.1% 2.4% 4.5% 2 New York Newark, NJ 5,800 5,160 4,870 6.7 33.3% -8.4% -5.6% 3 New York J F Kennedy, NY 450 820 1,370 1.9 9.4% 74.5% 67.1% 4 White Plains, NY 980 1,070 790 1.1 5.4% -10.2% -26.2% 5 Newburgh, NY 40 110 80 0.1 0.5% 41.4% -27.3% 6 Long Island, NY 60 10 30 0.0 0.2% -29.3% 200.0%

Total of Above 14,460 14,320 14,610 20.0 100.0% 0.5% 2.0%

Philadelphia Area1 Philadelphia, PA 4,230 5,250 4,850 6.6 87.2% 7.1% -7.6% 2 Allentown/Bethlehem, PA 490 570 710 1.0 12.8% 20.4% 24.6%

Total of Above 4,720 5,820 5,560 7.6 100.0% 8.5% -4.5%

San Francisco Bay Area1 San Francisco, CA 7,900 8,700 8,470 11.6 61.6% 3.5% -2.6% 2 San Jose, CA 4,020 4,310 3,690 5.1 26.8% -4.2% -14.4% 3 Oakland, CA 1,410 920 1,590 2.2 11.6% 6.2% 72.8% 4 Santa Rosa, CA 0 0 0 0.0 0.0% 100.0% 100.0%

Total of Above 13,330 13,930 13,750 18.8 100.0% 1.6% -1.3%

South Florida Area1 Fort Lauderdale, FL 3,470 3,400 3,180 4.4 44.7% -4.3% -6.5% 2 Miami, FL 3,500 3,690 3,030 4.2 42.6% -7.0% -17.9% 3 West Palm Beach, FL 540 500 680 0.9 9.6% 12.2% 36.0% 4 Key West, FL 190 260 230 0.3 3.2% 10.0% -11.5% 5 Marathon, FL 0 0 0 0.0 0.0% 100.0% 100.0%

Total of Above 7,700 7,850 7,120 9.8 100.0% -3.8% -9.3%

Southern Virginia Area1 Norfolk, VA 1,870 1,960 1,820 2.5 56.5% -1.3% -7.1% 2 Richmond, VA 1,310 1,460 1,290 1.8 40.1% -0.8% -11.6% 3 Newport News, VA 0 20 110 0.2 3.4% 100.0% 450.0%

Total of Above 3,180 3,440 3,220 4.4 100.0% 0.6% -6.4%

Washington/Baltimore Area1 Washington National, DC 11,530 12,180 11,570 15.8 56.1% 0.2% -5.0% 2 Baltimore, MD 4,650 4,750 5,100 7.0 24.7% 4.7% 7.4% 3 Washington Dulles, DC 4,570 3,470 3,970 5.4 19.2% -6.8% 14.4%

Total of Above 20,750 20,400 20,640 28.3 100.0% -0.3% 1.2%

West Florida Area1 Tampa, FL 5,590 4,810 5,870 8.0 61.0% 2.5% 22.0% 2 Fort Myers, FL 3,740 3,920 3,520 4.8 36.6% -3.0% -10.2% 3 Sarasota/Bradenton, FL 280 260 240 0.3 2.5% -7.4% -7.7% 4 Naples, FL 0 0 0 0.0 0.0% 100.0% 100.0%

Total of Above 9,610 8,990 9,630 13.2 100.0% 0.1% 7.1%

source: US DOT Table DB1A

Avg. Ann. Change

Hector International Airport - Fargo, ND

page 7

Airport Traffic Quarterly

Airport Shares at Consolidated O&D Passenger Markets at FargoRanked by Twelve Months Ended June 2007

Approximates 100% Sample - Directional Journeyed Passengers

Page 9: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

FAR

Total Paxs Paxs PDEW GrowthMarket YE 2Q 2007 Growth Growth Rate

1 Las Vegas, NV 55,470 10,610 14.5 23.7% 2 Salt Lake City, UT 8,980 3,330 4.6 58.9% 3 Atlanta, GA 9,480 1,920 2.6 25.4% 4 Seattle/Tacoma, WA 17,830 1,490 2.0 9.1% 5 Houston, TX 7,260 1,070 1.5 17.3% 6 Tampa, FL 5,870 1,060 1.5 22.0% 7 Tucson, AZ 4,690 960 1.3 25.7% 8 Orange County, CA 6,930 950 1.3 15.9% 9 Palm Springs, CA 2,450 840 1.2 52.2% 10 St Louis, MO 7,080 770 1.1 12.2% 11 Denver, CO 37,400 770 1.1 2.1% 12 Oakland, CA 1,590 670 0.9 72.8% 13 Boston, MA 5,920 600 0.8 11.3% 14 Great Falls, MT 1,420 590 0.8 71.1% 15 Charlotte, NC 3,830 580 0.8 17.8% 16 New York, NY 13,710 580 0.8 4.4% 17 Eugene, OR 1,100 500 0.7 83.3% 18 Albuquerque, NM 3,440 500 0.7 17.0% 19 Syracuse, NY 1,660 490 0.7 41.9% 20 Tulsa, OK 1,380 480 0.7 53.3%

Total of Above 197,490 28,760 39.4 17.0%

Total Paxs Paxs PDEW GrowthMarket YE 2Q 2007 Growth Growth Rate

1 Eugene, OR 1,100 500 0.7 83.3% 2 Oakland, CA 1,590 670 0.9 72.8% 3 Great Falls, MT 1,420 590 0.8 71.1% 4 Salt Lake City, UT 8,980 3,330 4.6 58.9% 5 Portland, ME 1,190 440 0.6 58.7% 6 El Paso, TX 1,090 400 0.5 58.0% 7 Tulsa, OK 1,380 480 0.7 53.3% 8 Palm Springs, CA 2,450 840 1.2 52.2% 9 Fresno, CA 1,210 390 0.5 47.6% 10 Santa Barbara, CA 830 260 0.4 45.6% 11 Syracuse, NY 1,660 490 0.7 41.9% 12 Casper, WY 900 210 0.3 30.4% 13 Rochester, NY 970 210 0.3 27.6% 14 Birmingham, AL 1,220 260 0.4 27.1% 15 Tucson, AZ 4,690 960 1.3 25.7% 16 Atlanta, GA 9,480 1,920 2.6 25.4% 17 Roanoke, VA 940 190 0.3 25.3% 18 New Orleans, LA 1,940 380 0.5 24.4% 19 Las Vegas, NV 55,470 10,610 14.5 23.7% 20 Springfield, MO 940 170 0.2 22.1%

Total of Above 99,450 23,300 31.9 30.6%

source: US DOT Table DB1A

Rank

Hector International Airport - Fargo, ND

page 8

Rank

Top 20 Percentage Growth Markets at FargoTwelve Months Ended June 2006 to Twelve Months Ended June 2007

Approximates 100% Sample - Directional Journeyed Passengers - Top 100 Markets

Airport Traffic Quarterly

Twelve Months Ended June 2006 to Twelve Months Ended June 2007Approximates 100% Sample - Directional Journeyed Passengers - Top 100 Markets

Top 20 Passenger Growth Markets at Fargo

Page 10: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

FAR

PDEW Percent ofMarket YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Las Vegas, NV 16,980 39,100 46,440 63.6 83.7% 65.4% 18.8% 2 Phoenix, AZ 18,380 18,710 18,480 25.3 62.6% 0.3% -1.2% 3 Denver, CO 19,050 18,200 17,300 23.7 46.3% -4.7% -4.9% 4 Chicago, IL 18,570 16,710 14,290 19.6 47.7% -12.3% -14.5% 5 Washington, DC 10,130 9,980 10,220 14.0 65.8% 0.4% 2.4% 6 Orlando, FL 9,580 9,710 9,580 13.1 82.7% 0.0% -1.3% 7 Seattle/Tacoma, WA 9,240 8,600 8,930 12.2 50.1% -1.7% 3.8% 8 New York, NY 8,040 7,510 8,540 11.7 62.3% 3.1% 13.7% 9 Minneapolis, MN 7,960 8,490 8,430 11.5 37.0% 2.9% -0.7% 10 Dallas/Ft Worth, TX 4,970 7,040 6,870 9.4 62.6% 17.6% -2.4% 11 San Diego, CA 6,690 6,290 6,670 9.1 69.4% -0.1% 6.0% 12 Los Angeles, CA 5,790 6,390 5,570 7.6 53.2% -1.9% -12.8% 13 San Francisco, CA 4,950 5,420 5,230 7.2 61.8% 2.8% -3.5% 14 Portland, OR 4,230 5,500 5,180 7.1 54.4% 10.7% -5.8% 15 Atlanta, GA 4,210 4,750 5,050 6.9 53.3% 9.5% 6.3% 16 Salt Lake City, UT 3,200 3,320 4,500 6.2 50.1% 18.6% 35.5% 17 Orange County, CA 3,320 3,580 4,440 6.1 64.1% 15.6% 24.0% 18 St Louis, MO 3,260 3,460 4,050 5.5 57.2% 11.5% 17.1% 19 Houston, TX 3,220 3,760 4,020 5.5 55.4% 11.7% 6.9% 20 Tampa, FL 3,940 3,160 4,020 5.5 68.5% 1.0% 27.2% 21 Boston, MA 3,330 3,240 3,810 5.2 64.4% 7.0% 17.6% 22 Honolulu, HI 2,890 2,750 3,400 4.7 90.9% 8.5% 23.6% 23 San Antonio, TX 2,870 3,160 3,320 4.5 71.2% 7.6% 5.1% 24 Baltimore, MD 2,500 2,440 3,030 4.2 59.4% 10.1% 24.2% 25 Kansas City, MO 3,010 3,230 2,950 4.0 46.5% -1.0% -8.7% 26 Tucson, AZ 1,850 2,420 2,930 4.0 62.5% 25.8% 21.1% 27 Fort Myers, FL 3,040 2,870 2,800 3.8 79.6% -4.0% -2.4% 28 Philadelphia, PA 2,190 2,830 2,790 3.8 57.5% 12.9% -1.4% 29 Reno, NV 2,460 2,450 2,760 3.8 66.0% 5.9% 12.7% 30 Indianapolis, IN 2,520 2,730 2,750 3.8 59.1% 4.5% 0.7% 31 Detroit, MI 2,980 2,830 2,730 3.7 49.3% -4.3% -3.5% 32 Sacramento, CA 2,840 2,880 2,620 3.6 49.7% -4.0% -9.0% 33 Miami, FL 2,750 3,100 2,500 3.4 82.5% -4.7% -19.4% 34 Nashville, TN 2,610 2,040 2,350 3.2 62.7% -5.1% 15.2% 35 Anchorage, AK 2,370 2,370 2,340 3.2 60.3% -0.6% -1.3% 36 Albuquerque, NM 1,860 1,640 2,160 3.0 62.8% 7.8% 31.7% 37 Fort Lauderdale, FL 2,410 2,650 2,110 2.9 66.4% -6.4% -20.4% 38 Charlotte, NC 1,540 1,950 2,060 2.8 53.8% 15.7% 5.6% 39 Palm Springs, CA 1,380 1,130 1,930 2.6 78.8% 18.3% 70.8% 40 Milwaukee, WI 2,530 1,990 1,810 2.5 40.5% -15.4% -9.0% 41 Spokane, WA 1,390 1,460 1,750 2.4 54.2% 12.2% 19.9% 42 Boise, ID 1,390 1,500 1,710 2.3 49.0% 10.9% 14.0% 43 San Jose, CA 1,920 1,910 1,620 2.2 43.9% -8.1% -15.2% 44 Memphis, TN 1,470 1,710 1,490 2.0 61.8% 0.7% -12.9% 45 Cincinnati, OH 1,360 1,180 1,490 2.0 58.4% 4.7% 26.3% 46 Columbus, OH 1,500 1,440 1,470 2.0 52.9% -1.0% 2.1% 47 Cleveland, OH 1,250 1,460 1,460 2.0 44.8% 8.1% 0.0% 48 Austin, TX 1,570 1,420 1,450 2.0 53.5% -3.9% 2.1% 49 Pittsburgh, PA 1,180 1,150 1,430 2.0 49.8% 10.1% 24.3% 50 Des Moines, IA 1,590 1,340 1,400 1.9 45.5% -6.2% 4.5%

Top 50 Markets 230,260 254,950 266,230 364.7 58.5% 7.5% 4.4%

Total Originated Passengers 288,020 313,780 326,980 447.9 58.5% 6.5% 4.2%

source: US DOT Table DB1A

Avg. Ann. ChangeRank

Hector International Airport - Fargo, ND

page 9

Airport Traffic Quarterly

Top 50 Domestic Origin & Destination Markets - Passengers Originating at FargoRanked by Twelve Months Ended June 2007

Approximates 100% Sample - Directional Journeyed Passengers

Page 11: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

FAR

PDEW Percent ofMarket YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Denver, CO 17,180 17,750 19,320 26.5 53.7% 6.0% 8.8% 2 Chicago, IL 17,710 16,400 15,120 20.7 52.3% -7.6% -7.8% 3 Minneapolis, MN 14,480 14,390 13,720 18.8 63.0% -2.7% -4.7% 4 Phoenix, AZ 9,240 10,800 10,970 15.0 37.4% 9.0% 1.6% 5 Las Vegas, NV 2,430 5,670 8,970 12.3 16.3% 92.1% 58.2% 6 Seattle/Tacoma, WA 8,040 7,650 8,850 12.1 49.9% 4.9% 15.7% 7 Washington, DC 5,830 5,530 5,220 7.2 34.2% -5.4% -5.6% 8 New York, NY 5,210 5,510 4,990 6.8 37.7% -2.1% -9.4% 9 Los Angeles, CA 4,340 4,460 4,770 6.5 46.9% 4.8% 7.0% 10 Atlanta, GA 2,850 2,720 4,380 6.0 46.7% 24.0% 61.0% 11 Salt Lake City, UT 2,000 2,290 4,340 5.9 49.9% 47.3% 89.5% 12 Portland, OR 4,360 4,570 4,330 5.9 45.7% -0.3% -5.3% 13 Dallas/Ft Worth, TX 5,170 4,600 4,060 5.6 37.4% -11.4% -11.7% 14 Kansas City, MO 3,200 2,940 3,380 4.6 53.5% 2.8% 15.0% 15 Houston, TX 2,540 2,410 3,220 4.4 44.6% 12.6% 33.6% 16 San Francisco, CA 2,870 3,180 3,100 4.2 38.3% 3.9% -2.5% 17 St Louis, MO 3,080 2,840 2,980 4.1 42.8% -1.6% 4.9% 18 San Diego, CA 2,980 3,450 2,910 4.0 30.6% -1.2% -15.7% 19 Detroit, MI 3,230 3,370 2,790 3.8 50.7% -7.1% -17.2% 20 Sacramento, CA 2,760 3,070 2,630 3.6 50.3% -2.4% -14.3% 21 Milwaukee, WI 2,850 2,860 2,620 3.6 59.5% -4.1% -8.4% 22 Orange County, CA 2,610 2,350 2,410 3.3 35.9% -3.9% 2.6% 23 Boston, MA 1,590 2,070 2,070 2.8 35.6% 14.1% 0.0% 24 Baltimore, MD 2,120 2,250 2,060 2.8 40.6% -1.4% -8.4% 25 San Jose, CA 2,050 2,360 2,030 2.8 56.1% -0.5% -14.0% 26 Philadelphia, PA 2,010 2,390 2,020 2.8 42.5% 0.2% -15.5% 27 Orlando, FL 1,810 1,800 1,970 2.7 17.3% 4.3% 9.4% 28 Indianapolis, IN 2,360 2,300 1,870 2.6 40.9% -11.0% -18.7% 29 Tampa, FL 1,630 1,650 1,830 2.5 31.5% 6.0% 10.9% 30 Boise, ID 1,390 1,990 1,770 2.4 51.0% 12.8% -11.1% 31 Cleveland, OH 1,340 1,660 1,770 2.4 55.2% 14.9% 6.6% 32 Tucson, AZ 1,010 1,300 1,750 2.4 37.5% 31.6% 34.6% 33 Charlotte, NC 1,140 1,250 1,720 2.4 46.2% 22.8% 37.6% 34 Raleigh/Durham, NC 1,260 1,700 1,720 2.4 56.0% 16.8% 1.2% 35 Des Moines, IA 1,600 1,700 1,660 2.3 54.6% 1.9% -2.4% 36 Hartford, CT 1,410 1,540 1,530 2.1 54.5% 4.2% -0.6% 37 Anchorage, AK 1,510 1,570 1,520 2.1 39.7% 0.3% -3.2% 38 Spokane, WA 1,530 1,540 1,470 2.0 45.8% -2.0% -4.5% 39 Ontario, CA 2,030 1,830 1,460 2.0 53.4% -15.2% -20.2% 40 Colorado Springs, CO 1,530 1,290 1,440 2.0 54.9% -3.0% 11.6% 41 Reno, NV 1,110 1,530 1,400 1.9 34.0% 12.3% -8.5% 42 Pittsburgh, PA 1,160 1,540 1,400 1.9 50.2% 9.9% -9.1% 43 Nashville, TN 1,360 1,430 1,380 1.9 37.3% 0.7% -3.5% 44 San Antonio, TX 750 1,250 1,320 1.8 28.8% 32.7% 5.6% 45 Columbus, OH 1,560 1,300 1,300 1.8 47.1% -8.7% 0.0% 46 Albuquerque, NM 1,230 1,280 1,280 1.8 37.2% 2.0% 0.0% 47 Austin, TX 1,230 1,130 1,250 1.7 46.5% 0.8% 10.6% 48 Omaha, NE 1,270 1,260 1,220 1.7 56.7% -2.0% -3.2% 49 Moline, IL 1,130 1,090 1,180 1.6 53.6% 2.2% 8.3% 50 Madison, WI 1,370 1,070 1,080 1.5 51.2% -11.2% 0.9%

Top 50 Markets 166,450 173,880 179,550 246.0 41.5% 3.9% 3.3%

Total Visiting Passengers 206,470 221,880 227,230 311.3 41.5% 4.9% 2.4%

source: US DOT Table DB1A

Airport Traffic Quarterly

Top 50 Domestic Origin & Destination Markets - Passengers Visiting FargoRanked by Twelve Months Ended June 2007

page 10

Approximates 100% Sample - Directional Journeyed Passengers

Avg. Ann. ChangeRank

Hector International Airport - Fargo, ND

Page 12: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

FAR

PDEW Percent ofMarket YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Minneapolis, MN 16,680 16,680 19,000 26.0 47.0% 6.7% 13.9% 2 Chicago, IL 4,040 5,690 7,570 10.4 18.7% 36.9% 33.0% 3 Denver, CO 1,510 2,320 2,820 3.9 7.0% 36.7% 21.6% 4 Detroit, MI 2,140 2,620 2,230 3.1 5.5% 2.1% -14.9% 5 Houston, TX 1,800 1,720 1,960 2.7 4.9% 4.3% 14.0% 6 Memphis, TN 1,540 1,620 1,570 2.2 3.9% 1.0% -3.1% 7 New York, NY 340 610 840 1.2 2.1% 57.2% 37.7% 8 Los Angeles, CA 500 720 730 1.0 1.8% 20.8% 1.4% 9 Atlanta, GA 200 80 630 0.9 1.6% 77.5% 687.5% 10 San Francisco, CA 510 290 600 0.8 1.5% 8.5% 106.9% 11 Miami, FL 410 340 450 0.6 1.1% 4.8% 32.4% 12 Washington, DC 190 210 390 0.5 1.0% 43.3% 85.7% 13 Seattle/Tacoma, WA 200 240 360 0.5 0.9% 34.2% 50.0% 14 Salt Lake City, UT 0 40 350 0.5 0.9% 100.0% 775.0% 15 Anchorage, AK 80 130 140 0.2 0.3% 32.3% 7.7% 16 Portland, OR 150 80 100 0.1 0.2% -18.4% 25.0% 17 Boston, MA 150 60 90 0.1 0.2% -22.5% 50.0% 18 Dallas/Ft Worth, TX 40 60 90 0.1 0.2% 50.0% 50.0% 19 Fort Lauderdale, FL 50 30 90 0.1 0.2% 34.2% 200.0% 20 Phoenix, AZ 80 170 70 0.1 0.2% -6.5% -58.8%

Total Gateway Passengers 30,900 34,070 40,390 55.3 100.0% 14.3% 18.6%

PDEW Percent ofMarket YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Phoenix, AZ 3,970 3,950 4,630 6.3 8.0% 8.0% 17.2% 2 Denver, CO 1,040 2,600 4,440 6.1 7.7% 106.6% 70.8% 3 Chicago, IL 1,010 2,150 2,330 3.2 4.0% 51.9% 8.4% 4 New York, NY 2,360 1,780 2,210 3.0 3.8% -3.2% 24.2% 5 Washington, DC 2,160 2,130 2,080 2.8 3.6% -1.9% -2.3% 6 Las Vegas, NV 1,450 2,520 2,030 2.8 3.5% 18.3% -19.4% 7 Orlando, FL 1,560 1,960 1,890 2.6 3.3% 10.1% -3.6% 8 Seattle/Tacoma, WA 1,510 1,600 1,760 2.4 3.0% 8.0% 10.0% 9 Los Angeles, CA 1,440 1,630 1,490 2.0 2.6% 1.7% -8.6% 10 Houston, TX 950 1,040 1,430 2.0 2.5% 22.7% 37.5% 11 Orange County, CA 900 690 1,370 1.9 2.4% 23.4% 98.6% 12 San Diego, CA 1,090 1,010 1,160 1.6 2.0% 3.2% 14.9% 13 San Francisco, CA 890 1,440 1,070 1.5 1.9% 9.6% -25.7% 14 Portland, OR 980 1,260 1,010 1.4 1.7% 1.5% -19.8% 15 Salt Lake City, UT 390 500 990 1.4 1.7% 59.3% 98.0% 16 Minneapolis, MN 820 920 950 1.3 1.6% 7.6% 3.3% 17 Dallas/Ft Worth, TX 860 860 890 1.2 1.5% 1.7% 3.5% 18 Atlanta, GA 740 530 860 1.2 1.5% 7.8% 62.3% 19 Fort Myers, FL 980 870 840 1.2 1.5% -7.4% -3.4% 20 Detroit, MI 780 640 790 1.1 1.4% 0.6% 23.4%

Total Zero Fare Passengers 47,300 50,610 57,740 79.1 100.0% 10.5% 14.1%

source: US DOT Table DB1A

page 11

Approximates 100% Sample - Directional Journeyed Passengers

Avg. Ann. ChangeRank

Hector International Airport - Fargo, ND

Avg. Ann. ChangeRank

Top 20 Domestic Origin & Destination Zero Fare Passenger Markets at FargoRanked by Twelve Months Ended June 2007

Airport Traffic Quarterly

Top 20 International Origin & Destination Passenger Gateways at FargoRanked by Twelve Months Ended June 2007

Approximates 100% Sample - Directional Journeyed Passengers

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FAR

RDEW Percent ofMarket YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Las Vegas, NV $3,242,120 $5,894,010 $7,080,770 $9,700 6.3% 47.8% 20.1% 2 Chicago, IL $5,155,790 $6,724,600 $6,409,710 $8,780 5.7% 11.5% -4.7% 3 Denver, CO $4,446,090 $5,645,560 $6,149,160 $8,424 5.5% 17.6% 8.9% 4 Phoenix, AZ $4,503,770 $5,194,310 $5,070,000 $6,945 4.5% 6.1% -2.4% 5 Seattle/Tacoma, WA $3,589,900 $3,495,980 $3,970,840 $5,440 3.5% 5.2% 13.6% 6 Minneapolis, MN $3,274,220 $3,581,640 $3,826,630 $5,242 3.4% 8.1% 6.8% 7 Washington, DC $2,877,090 $2,855,620 $3,083,320 $4,224 2.7% 3.5% 8.0% 8 New York, NY $2,336,720 $2,741,360 $3,021,080 $4,138 2.7% 13.7% 10.2% 9 Dallas/Ft Worth, TX $2,246,460 $2,398,880 $2,364,470 $3,239 2.1% 2.6% -1.4% 10 Orlando, FL $2,029,030 $2,152,490 $2,206,910 $3,023 2.0% 4.3% 2.5% 11 Los Angeles, CA $1,960,130 $2,206,030 $2,204,330 $3,020 2.0% 6.0% -0.1% 12 Portland, OR $1,633,450 $1,843,460 $1,985,050 $2,719 1.8% 10.2% 7.7% 13 San Diego, CA $1,897,790 $1,973,610 $1,939,210 $2,656 1.7% 1.1% -1.7% 14 Atlanta, GA $1,464,450 $1,752,270 $1,935,800 $2,652 1.7% 15.0% 10.5% 15 St Louis, MO $1,295,040 $1,490,540 $1,763,880 $2,416 1.6% 16.7% 18.3% 16 San Francisco, CA $1,540,880 $1,616,270 $1,642,050 $2,249 1.5% 3.2% 1.6% 17 Salt Lake City, UT $1,040,290 $1,079,010 $1,634,380 $2,239 1.5% 25.3% 51.5% 18 Houston, TX $1,373,780 $1,252,060 $1,623,700 $2,224 1.4% 8.7% 29.7% 19 Kansas City, MO $1,250,080 $1,374,290 $1,494,740 $2,048 1.3% 9.3% 8.8% 20 Detroit, MI $1,349,010 $1,521,410 $1,294,640 $1,773 1.1% -2.0% -14.9% 21 Boston, MA $935,370 $1,021,550 $1,251,220 $1,714 1.1% 15.7% 22.5% 22 Tampa, FL $920,280 $960,640 $1,209,540 $1,657 1.1% 14.6% 25.9% 23 Baltimore, MD $883,840 $989,920 $1,177,730 $1,613 1.0% 15.4% 19.0% 24 Orange County, CA $1,023,860 $1,167,360 $1,174,850 $1,609 1.0% 7.1% 0.6% 25 Philadelphia, PA $934,040 $1,177,600 $1,166,850 $1,598 1.0% 11.8% -0.9% 26 Honolulu, HI $989,470 $1,078,500 $1,165,020 $1,596 1.0% 8.5% 8.0% 27 Sacramento, CA $1,099,600 $1,173,840 $1,137,590 $1,558 1.0% 1.7% -3.1% 28 Charlotte, NC $653,150 $803,920 $1,105,310 $1,514 1.0% 30.1% 37.5% 29 Milwaukee, WI $1,010,040 $1,100,570 $1,078,390 $1,477 1.0% 3.3% -2.0% 30 San Antonio, TX $712,900 $914,870 $1,040,800 $1,426 0.9% 20.8% 13.8% 31 Indianapolis, IN $881,550 $1,001,870 $1,003,560 $1,375 0.9% 6.7% 0.2% 32 Anchorage, AK $804,610 $969,150 $976,630 $1,338 0.9% 10.2% 0.8% 33 Tucson, AZ $507,200 $685,740 $969,710 $1,328 0.9% 38.3% 41.4% 34 San Jose, CA $806,040 $891,150 $870,370 $1,192 0.8% 3.9% -2.3% 35 Nashville, TN $733,750 $670,890 $843,330 $1,155 0.7% 7.2% 25.7% 36 Reno, NV $598,730 $728,430 $841,970 $1,153 0.7% 18.6% 15.6% 37 Cleveland, OH $565,360 $725,650 $837,690 $1,148 0.7% 21.7% 15.4% 38 Boise, ID $491,320 $669,550 $740,400 $1,014 0.7% 22.8% 10.6% 39 Albuquerque, NM $595,710 $553,500 $729,230 $999 0.6% 10.6% 31.7% 40 Hartford, CT $498,030 $598,650 $706,910 $968 0.6% 19.1% 18.1% 41 Des Moines, IA $579,960 $675,000 $688,000 $942 0.6% 8.9% 1.9% 42 Raleigh/Durham, NC $586,920 $729,820 $683,440 $936 0.6% 7.9% -6.4% 43 Ontario, CA $720,470 $693,590 $674,000 $923 0.6% -3.3% -2.8% 44 Pittsburgh, PA $470,770 $606,020 $670,330 $918 0.6% 19.3% 10.6% 45 Fort Lauderdale, FL $705,720 $683,800 $666,650 $913 0.6% -2.8% -2.5% 46 Spokane, WA $525,420 $611,990 $663,530 $909 0.6% 12.4% 8.4% 47 Fort Myers, FL $613,310 $707,430 $619,180 $848 0.5% 0.5% -12.5% 48 Miami, FL $719,050 $716,340 $610,380 $836 0.5% -7.9% -14.8% 49 Moline, IL $438,630 $603,840 $602,490 $825 0.5% 17.2% -0.2% 50 Columbus, OH $598,850 $538,780 $583,520 $799 0.5% -1.3% 8.3%

source: US DOT Table DB1A

Approximates 100% Sample - Directional Journeyed Passengers

Avg. Ann. ChangeRank

continued on page 13

Hector International Airport - Fargo, ND

page 12

Airport Traffic Quarterly

Top 100 Domestic Origin and Destination Revenue Markets at FargoRanked by Twelve Months Ended June 2007

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RDEW Percent ofMarket YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

51 Cincinnati, OH $492,830 $453,950 $574,710 $787 0.5% 8.0% 26.6% 52 Memphis, TN $559,530 $555,490 $572,110 $784 0.5% 1.1% 3.0% 53 Austin, TX $557,210 $548,790 $558,010 $764 0.5% 0.1% 1.7% 54 Omaha, NE $384,450 $629,080 $537,510 $736 0.5% 18.2% -14.6% 55 Oklahoma City, OK $401,110 $432,190 $500,490 $686 0.4% 11.7% 15.8% 56 Oakland, CA $375,420 $284,110 $467,030 $640 0.4% 11.5% 64.4% 57 Colorado Springs, CO $432,400 $400,190 $463,900 $635 0.4% 3.6% 15.9% 58 Palm Springs, CA $286,820 $305,490 $463,560 $635 0.4% 27.1% 51.7% 59 New Orleans, LA $756,900 $374,290 $460,660 $631 0.4% -22.0% 23.1% 60 Madison, WI $402,520 $348,100 $449,230 $615 0.4% 5.6% 29.1% 61 Kahului, HI $574,790 $743,650 $438,760 $601 0.4% -12.6% -41.0% 62 Billings, MT $300,790 $481,920 $433,440 $594 0.4% 20.0% -10.1% 63 Norfolk, VA $320,400 $417,720 $411,520 $564 0.4% 13.3% -1.5% 64 Louisville, KY $250,180 $447,010 $392,150 $537 0.3% 25.2% -12.3% 65 Dayton, OH $299,810 $539,490 $386,080 $529 0.3% 13.5% -28.4% 66 Jacksonville, FL $345,640 $481,840 $379,900 $520 0.3% 4.8% -21.2% 67 Syracuse, NY $194,050 $227,230 $370,290 $507 0.3% 38.1% 63.0% 68 Grand Rapids, MI $261,880 $317,470 $337,370 $462 0.3% 13.5% 6.3% 69 Rapid City, SD $239,720 $348,390 $335,490 $460 0.3% 18.3% -3.7% 70 Missoula, MT $179,730 $273,860 $330,770 $453 0.3% 35.7% 20.8% 71 Great Falls, MT $140,650 $202,140 $329,710 $452 0.3% 53.1% 63.1% 72 Tulsa, OK $193,060 $204,120 $314,120 $430 0.3% 27.6% 53.9% 73 Birmingham, AL $123,560 $257,240 $312,310 $428 0.3% 59.0% 21.4% 74 Columbia, SC $164,010 $351,940 $304,740 $417 0.3% 36.3% -13.4% 75 Richmond, VA $261,270 $305,040 $288,680 $395 0.3% 5.1% -5.4% 76 Cedar Rapids, IA $261,930 $299,480 $288,460 $395 0.3% 4.9% -3.7% 77 Providence, RI $224,890 $297,540 $285,990 $392 0.3% 12.8% -3.9% 78 Buffalo, NY $170,360 $323,590 $284,450 $390 0.3% 29.2% -12.1% 79 Greensboro, NC $236,530 $216,390 $282,460 $387 0.3% 9.3% 30.5% 80 Harrisburg, PA $248,880 $331,390 $278,680 $382 0.2% 5.8% -15.9% 81 Bozeman, MT $117,910 $267,460 $269,740 $370 0.2% 51.3% 0.9% 82 Wichita, KS $263,650 $287,000 $266,640 $365 0.2% 0.6% -7.1% 83 Portland, ME $189,470 $155,600 $259,310 $355 0.2% 17.0% 66.7% 84 Little Rock, AR $207,070 $230,120 $258,920 $355 0.2% 11.8% 12.5% 85 Knoxville, TN $135,580 $219,270 $251,800 $345 0.2% 36.3% 14.8% 86 Fresno, CA $61,040 $198,920 $250,740 $343 0.2% 102.7% 26.1% 87 El Paso, TX $108,690 $157,510 $248,230 $340 0.2% 51.1% 57.6% 88 Peoria, IL $156,110 $208,300 $240,390 $329 0.2% 24.1% 15.4% 89 Manchester, NH $256,720 $255,930 $222,220 $304 0.2% -7.0% -13.2% 90 Albany, NY $197,970 $187,820 $216,810 $297 0.2% 4.7% 15.4% 91 Springfield, MO $145,960 $131,550 $216,670 $297 0.2% 21.8% 64.7% 92 Burbank, CA $78,970 $173,790 $216,230 $296 0.2% 65.5% 24.4% 93 Eugene, OR $57,240 $116,160 $207,280 $284 0.2% 90.3% 78.4% 94 Rochester, NY $132,510 $138,600 $198,120 $271 0.2% 22.3% 42.9% 95 Pasco, WA $51,110 $234,360 $197,730 $271 0.2% 96.7% -15.6% 96 Green Bay, WI $186,200 $172,760 $184,640 $253 0.2% -0.4% 6.9% 97 Roanoke, VA $157,770 $202,780 $180,780 $248 0.2% 7.0% -10.8% 98 Kona, HI $235,710 $247,020 $178,490 $245 0.2% -13.0% -27.7% 99 Charleston, SC $187,800 $194,760 $174,110 $239 0.2% -3.7% -10.6% 100 Greenville/Spartanburg, SC $160,930 $190,770 $173,300 $237 0.2% 3.8% -9.2%

Top 100 Markets $82,839,770 $96,612,970 $103,434,020 $141,690 91.9% 11.7% 7.1%

Total Domestic Revenue $90,223,640 $105,373,570 $112,590,360 $154,233 100.0% 11.7% 6.8%

source: US DOT Table DB1AHector International Airport - Fargo, ND

page 13

Airport Traffic Quarterly

Top 100 Domestic Origin and Destination Revenue Markets at FargoRanked by Twelve Months Ended June 2007

Avg. Ann. ChangeRank

Approximates 100% Sample - Directional Journeyed Passengers

Page 15: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

FAR

Itinerary AverageMarket YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 Mileage Yield 04-06 05-06

1 Las Vegas, NV $180.02 $139.21 $132.50 1,274 10.40¢ -14.2% -4.8% 2 Denver, CO $124.33 $165.90 $186.56 675 27.65¢ 22.5% 12.5% 3 Chicago, IL $144.70 $212.47 $231.90 559 41.47¢ 26.6% 9.1% 4 Phoenix, AZ $190.03 $202.67 $203.53 1,413 14.40¢ 3.5% 0.4% 5 Minneapolis, MN $146.04 $155.99 $175.29 223 78.63¢ 9.6% 12.4% 6 Seattle/Tacoma, WA $226.78 $237.18 $247.10 1,634 15.12¢ 4.4% 4.2% 7 Washington, DC $206.39 $211.21 $229.07 1,171 19.56¢ 5.4% 8.5% 8 New York, NY $212.04 $241.53 $262.70 1,269 20.70¢ 11.3% 8.8% 9 Orlando, FL $205.78 $222.59 $227.52 1,579 14.41¢ 5.1% 2.2% 10 Dallas/Ft Worth, TX $240.01 $221.91 $234.57 1,113 21.07¢ -1.1% 5.7% 11 Los Angeles, CA $221.23 $236.19 $245.20 1,685 14.55¢ 5.3% 3.8% 12 San Diego, CA $220.42 $225.55 $229.49 1,670 13.74¢ 2.0% 1.7% 13 Portland, OR $213.24 $207.36 $232.99 1,635 14.25¢ 4.5% 12.4% 14 Atlanta, GA $229.90 $249.26 $224.57 1,182 19.00¢ -1.2% -9.9% 15 Salt Lake City, UT $214.94 $209.52 $204.55 958 21.36¢ -2.4% -2.4% 16 San Francisco, CA $219.81 $222.63 $221.90 1,730 12.83¢ 0.5% -0.3% 17 Houston, TX $282.67 $243.12 $278.51 1,328 20.98¢ -0.7% 14.6% 18 St Louis, MO $218.02 $251.78 $273.89 726 37.70¢ 12.1% 8.8% 19 Orange County, CA $201.94 $220.67 $211.30 1,642 12.87¢ 2.3% -4.2% 20 Kansas City, MO $210.81 $232.54 $247.88 695 35.65¢ 8.4% 6.6% 21 Boston, MA $222.71 $219.69 $242.48 1,378 17.60¢ 4.3% 10.4% 22 Tampa, FL $200.06 $236.61 $237.16 1,576 15.05¢ 8.9% 0.2% 23 Detroit, MI $246.17 $271.20 $272.55 772 35.29¢ 5.2% 0.5% 24 Sacramento, CA $219.92 $214.99 $236.01 1,633 14.45¢ 3.6% 9.8% 25 Baltimore, MD $217.16 $229.15 $251.12 1,182 21.24¢ 7.5% 9.6% 26 Philadelphia, PA $245.80 $256.56 $268.86 1,218 22.07¢ 4.6% 4.8% 27 Tucson, AZ $198.90 $215.64 $229.79 1,442 15.93¢ 7.5% 6.6% 28 San Antonio, TX $218.01 $224.78 $247.81 1,388 17.85¢ 6.6% 10.2% 29 Indianapolis, IN $194.17 $211.81 $231.23 732 31.58¢ 9.1% 9.2% 30 Milwaukee, WI $200.01 $240.30 $256.76 527 48.69¢ 13.3% 6.8% 31 Reno, NV $179.80 $199.02 $217.00 1,408 15.41¢ 9.9% 9.0% 32 Anchorage, AK $254.62 $309.63 $311.03 2,915 10.67¢ 10.5% 0.5% 33 Charlotte, NC $266.59 $274.37 $314.01 1,181 26.58¢ 8.5% 14.4% 34 Nashville, TN $198.31 $211.64 $238.90 966 24.73¢ 9.8% 12.9% 35 Honolulu, HI $341.20 $371.90 $367.51 4,205 8.74¢ 3.8% -1.2% 36 San Jose, CA $219.63 $237.64 $260.59 1,712 15.22¢ 8.9% 9.7% 37 Fort Myers, FL $222.21 $231.95 $231.04 1,667 13.86¢ 2.0% -0.4% 38 Boise, ID $192.68 $206.02 $226.42 1,306 17.34¢ 8.4% 9.9% 39 Albuquerque, NM $204.01 $214.54 $227.18 1,131 20.08¢ 5.5% 5.9% 40 Cleveland, OH $243.69 $259.16 $283.96 854 33.25¢ 7.9% 9.6% 41 Spokane, WA $193.17 $212.50 $216.84 1,430 15.16¢ 5.9% 2.0% 42 Fort Lauderdale, FL $236.82 $222.74 $245.09 1,773 13.82¢ 1.7% 10.0% 43 Des Moines, IA $191.40 $227.27 $239.72 501 47.88¢ 11.9% 5.5% 44 Raleigh/Durham, NC $212.65 $244.91 $263.88 1,216 21.70¢ 11.4% 7.7% 45 Miami, FL $231.21 $226.69 $235.67 1,744 13.51¢ 1.0% 4.0% 46 Pittsburgh, PA $230.77 $239.53 $256.83 963 26.68¢ 5.5% 7.2% 47 Hartford, CT $195.30 $244.35 $275.06 1,297 21.20¢ 18.7% 12.6% 48 Ontario, CA $217.01 $229.67 $254.34 1,454 17.49¢ 8.3% 10.7% 49 Columbus, OH $220.17 $224.49 $247.25 871 28.40¢ 6.0% 10.1% 50 Austin, TX $222.88 $236.55 $246.91 1,338 18.46¢ 5.3% 4.4%

Average Fare $199.92 $215.15 $224.76 1,190 18.89¢ 6.0% 4.5%

source: US DOT Table DB1A

Avg. Ann. ChangeRank

Hector International Airport - Fargo, ND

page 14

Airport Traffic Quarterly

Fared Average Fares at the Top 50 Domestic O&D Passenger Markets at FargoRanked by Twelve Months Ended June 2007

Approximates 100% Sample -- One-way Fared Average Fare Net of Taxes and Fees

Page 16: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

FAR

Itinerary AverageMarket YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 Mileage Fare 04-06 05-06

1 Las Vegas, NV 12.59¢ 10.84¢ 10.40¢ 1,274 $132.50 -9.1% -4.1% 2 Denver, CO 18.75¢ 24.48¢ 27.65¢ 675 $186.56 21.4% 12.9% 3 Chicago, IL 25.92¢ 38.00¢ 41.47¢ 559 $231.90 26.5% 9.1% 4 Phoenix, AZ 13.07¢ 14.09¢ 14.40¢ 1,413 $203.53 5.0% 2.2% 5 Minneapolis, MN 65.58¢ 70.15¢ 78.63¢ 223 $175.29 9.5% 12.1% 6 Seattle/Tacoma, WA 13.73¢ 14.47¢ 15.12¢ 1,634 $247.10 4.9% 4.5% 7 Washington, DC 17.80¢ 18.21¢ 19.56¢ 1,171 $229.07 4.8% 7.4% 8 New York, NY 16.82¢ 19.14¢ 20.70¢ 1,269 $262.70 10.9% 8.2% 9 Orlando, FL 13.21¢ 14.26¢ 14.41¢ 1,579 $227.52 4.4% 1.1% 10 Dallas/Ft Worth, TX 21.76¢ 19.77¢ 21.07¢ 1,113 $234.57 -1.6% 6.6% 11 Los Angeles, CA 12.91¢ 13.76¢ 14.55¢ 1,685 $245.20 6.2% 5.7% 12 San Diego, CA 12.76¢ 13.27¢ 13.74¢ 1,670 $229.49 3.8% 3.5% 13 Portland, OR 12.81¢ 12.47¢ 14.25¢ 1,635 $232.99 5.5% 14.3% 14 Atlanta, GA 20.04¢ 21.52¢ 19.00¢ 1,182 $224.57 -2.6% -11.7% 15 Salt Lake City, UT 18.55¢ 18.84¢ 21.36¢ 958 $204.55 7.3% 13.4% 16 San Francisco, CA 12.16¢ 12.70¢ 12.83¢ 1,730 $221.90 2.7% 1.0% 17 Houston, TX 21.58¢ 18.70¢ 20.98¢ 1,328 $278.51 -1.4% 12.2% 18 St Louis, MO 31.12¢ 36.10¢ 37.70¢ 726 $273.89 10.1% 4.4% 19 Orange County, CA 11.90¢ 13.23¢ 12.87¢ 1,642 $211.30 4.0% -2.7% 20 Kansas City, MO 31.32¢ 33.83¢ 35.65¢ 695 $247.88 6.7% 5.4% 21 Boston, MA 15.95¢ 15.92¢ 17.60¢ 1,378 $242.48 5.0% 10.6% 22 Tampa, FL 12.80¢ 15.14¢ 15.05¢ 1,576 $237.16 8.4% -0.6% 23 Detroit, MI 31.38¢ 34.88¢ 35.29¢ 772 $272.55 6.0% 1.2% 24 Sacramento, CA 13.01¢ 12.71¢ 14.45¢ 1,633 $236.01 5.4% 13.7% 25 Baltimore, MD 18.55¢ 19.57¢ 21.24¢ 1,182 $251.12 7.0% 8.5% 26 Philadelphia, PA 20.10¢ 21.01¢ 22.07¢ 1,218 $268.86 4.8% 5.0% 27 Tucson, AZ 13.93¢ 15.22¢ 15.93¢ 1,442 $229.79 6.9% 4.7% 28 San Antonio, TX 15.94¢ 16.20¢ 17.85¢ 1,388 $247.81 5.8% 10.2% 29 Indianapolis, IN 26.61¢ 28.96¢ 31.58¢ 732 $231.23 8.9% 9.0% 30 Milwaukee, WI 37.89¢ 45.45¢ 48.69¢ 527 $256.76 13.4% 7.1% 31 Reno, NV 11.54¢ 13.29¢ 15.41¢ 1,408 $217.00 15.6% 16.0% 32 Anchorage, AK 9.09¢ 11.08¢ 10.67¢ 2,915 $311.03 8.3% -3.7% 33 Charlotte, NC 22.58¢ 23.04¢ 26.58¢ 1,181 $314.01 8.5% 15.4% 34 Nashville, TN 21.07¢ 22.42¢ 24.73¢ 966 $238.90 8.3% 10.3% 35 Honolulu, HI 8.06¢ 8.73¢ 8.74¢ 4,205 $367.51 4.1% 0.1% 36 San Jose, CA 12.49¢ 13.77¢ 15.22¢ 1,712 $260.59 10.4% 10.5% 37 Fort Myers, FL 13.30¢ 13.94¢ 13.86¢ 1,667 $231.04 2.1% -0.6% 38 Boise, ID 14.46¢ 15.51¢ 17.34¢ 1,306 $226.42 9.5% 11.8% 39 Albuquerque, NM 18.21¢ 19.20¢ 20.08¢ 1,131 $227.18 5.0% 4.6% 40 Cleveland, OH 28.65¢ 30.27¢ 33.25¢ 854 $283.96 7.7% 9.8% 41 Spokane, WA 13.58¢ 14.91¢ 15.16¢ 1,430 $216.84 5.7% 1.7% 42 Fort Lauderdale, FL 13.56¢ 12.69¢ 13.82¢ 1,773 $245.09 1.0% 8.9% 43 Des Moines, IA 39.78¢ 46.04¢ 47.88¢ 501 $239.72 9.7% 4.0% 44 Raleigh/Durham, NC 17.61¢ 20.05¢ 21.70¢ 1,216 $263.88 11.0% 8.2% 45 Miami, FL 13.13¢ 12.93¢ 13.51¢ 1,744 $235.67 1.4% 4.5% 46 Pittsburgh, PA 24.22¢ 25.00¢ 26.68¢ 963 $256.83 5.0% 6.7% 47 Hartford, CT 14.98¢ 18.82¢ 21.20¢ 1,297 $275.06 19.0% 12.6% 48 Ontario, CA 13.19¢ 15.03¢ 17.49¢ 1,454 $254.34 15.2% 16.4% 49 Columbus, OH 25.61¢ 26.11¢ 28.40¢ 871 $247.25 5.3% 8.8% 50 Austin, TX 17.07¢ 17.92¢ 18.46¢ 1,338 $246.91 4.0% 3.0%

Average Yield 16.90¢ 18.14¢ 18.89¢ 1,190 $224.76 5.7% 4.1%

source: US DOT Table DB1A

Airport Traffic Quarterly

Fared Average Yields at the Top 50 Domestic O&D Passenger Markets at FargoRanked by Twelve Months Ended June 2007

page 15

Approximates 100% Sample -- Fared Passenger Fare Per Itinerary Mile

Avg. Ann. ChangeRank

Hector International Airport - Fargo, ND

Page 17: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

FAR

PDEW Percent ofAirline YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Northwest 334,850 335,510 306,810 420.3 54.9% -4.3% -8.6% 2 United 106,130 155,280 175,350 240.2 31.4% 28.5% 12.9% 3 Allegiant 0 20,860 32,740 44.8 5.9% 100.0% 57.0% 4 Delta 1,440 5,210 31,730 43.5 5.7% 369.4% 509.0% 5 Commuters 44,680 15,860 4,770 6.5 0.9% -67.3% -69.9% 6 Continental 3,230 2,190 2,170 3.0 0.4% -18.0% -0.9% 7 American 1,470 1,340 1,710 2.3 0.3% 7.9% 27.6% 8 Sun Country 4,570 2,290 1,520 2.1 0.3% -42.3% -33.6% 9 US Airways 620 980 990 1.4 0.2% 26.4% 1.0% 10 Alaska 440 440 430 0.6 0.1% -1.1% -2.3%

Total of Above 497,430 539,960 558,220 764.7 99.9% 5.9% 3.4%

Total Domestic Passengers 498,610 540,370 558,670 765.3 100.0% 5.9% 3.4%

RDEW Percent ofAirline YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Northwest $63,052,000 $66,641,520 $64,158,640 $87,889 57.0% 0.9% -3.7% 2 United $19,481,740 $31,512,120 $35,997,350 $49,311 32.0% 35.9% 14.2% 3 Delta $396,790 $1,223,000 $6,099,080 $8,355 5.4% 292.1% 398.7% 4 Allegiant $0 $2,318,160 $3,732,820 $5,113 3.3% 100.0% 61.0% 5 Continental $838,920 $665,670 $657,780 $901 0.6% -11.5% -1.2% 6 American $465,180 $418,900 $609,130 $834 0.5% 14.4% 45.4% 7 Commuters $5,080,440 $1,773,220 $490,120 $671 0.4% -68.9% -72.4% 8 US Airways $179,570 $297,640 $347,980 $477 0.3% 39.2% 16.9% 9 Sun Country $475,880 $331,590 $186,970 $256 0.2% -37.3% -43.6% 10 Alaska $125,040 $134,560 $162,410 $222 0.1% 14.0% 20.7%

Total of Above $90,095,560 $105,316,380 $112,442,280 $154,031 99.9% 11.7% 6.8%

Total Domestic Revenue $90,223,640 $105,373,570 $112,590,360 $154,233 100.0% 11.7% 6.8%

source: US DOT Table DB1AHector International Airport - Fargo, ND

page 16

Approximates 100% Sample - Directional Journeyed Revenue

Avg. Ann. ChangeRank

Avg. Ann. ChangeRank

Top 15 Domestic Origin and Destination Revenue Airlines at FargoRanked by Twelve Months Ended June 2007

Airport Traffic Quarterly

Top 15 Domestic Origin and Destination Passenger Airlines at FargoRanked by Twelve Months Ended June 2007

Approximates 100% Sample - Directional Journeyed Passengers

Page 18: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

FAR

Fared Zero Fared Total Passenger Itinerary AverageAirline Passengers Passengers Passengers PDEW Share Mileage Coupons

1 Northwest 266,850 39,960 306,810 420.3 54.9% 1,212 2.01 2 United 161,850 13,500 175,350 240.2 31.4% 1,133 1.74 3 Allegiant 32,700 40 32,740 44.8 5.9% 1,205 1.00 4 Delta 28,140 3,590 31,730 43.5 5.7% 1,348 1.87 5 Commuters 4,770 0 4,770 6.5 0.9% 233 1.00 6 Continental 1,660 510 2,170 3.0 0.4% 1,412 2.50 7 American 1,700 10 1,710 2.3 0.3% 1,391 2.52 8 Sun Country 1,520 0 1,520 2.1 0.3% 1,222 1.00 9 US Airways 930 60 990 1.4 0.2% 1,656 2.67 10 Alaska 360 70 430 0.6 0.1% 2,441 2.86

Total of Above 500,480 57,740 558,220 764.7 99.9% 1,190 1.85

Total of All Airlines 500,930 57,740 558,670 765.3 100.0% 1,190 1.85

Total Revenue Average Average Fared FaredAirline Revenue RDEW Share Fare Yield Fare Yield

1 Northwest $64,158,640 $87,889 57.0% $209.12 17.26¢ $240.43 19.84¢ 2 United $35,997,350 $49,311 32.0% $205.29 18.13¢ $222.41 19.63¢ 3 Delta $6,099,080 $8,355 5.4% $192.22 14.26¢ $216.74 16.08¢ 4 Allegiant $3,732,820 $5,113 3.3% $114.01 9.46¢ $114.15 9.47¢ 5 Continental $657,780 $901 0.6% $303.12 21.47¢ $396.25 28.06¢ 6 American $609,130 $834 0.5% $356.22 25.62¢ $358.31 25.76¢ 7 Commuters $490,120 $671 0.4% $102.75 44.12¢ $102.75 44.10¢ 8 US Airways $347,980 $477 0.3% $351.49 21.22¢ $374.17 22.59¢ 9 Sun Country $186,970 $256 0.2% $123.01 10.06¢ $123.01 10.07¢ 10 Alaska $162,410 $222 0.1% $377.69 15.47¢ $451.14 18.48¢

Total of Above $112,442,280 $154,031 99.9% $201.55 16.94¢ $224.78 18.89¢

Total of All Airlines $112,590,360 $154,233 100.0% $201.55 16.94¢ $224.78 18.89¢

source: US DOT Table DB1A

Rank

Hector International Airport - Fargo, ND

page 17

Rank

Statistical Summary of Top 15 Domestic O&D Revenue Airlines at FargoTwelve Months Ended June 2007

Approximates 100% Sample - Directional Journeyed Revenue

Airport Traffic Quarterly

Twelve Months Ended June 2007Approximates 100% Sample - Directional Journeyed Passengers

Statistical Summary of Top 15 Domestic O&D Passenger Airlines at Fargo

Page 19: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

FAR

NW UA G4 DL XX COMarket Northwest United Allegiant Delta Commuters Continental Total

27 34 20 15 38 141 Las Vegas, NV 13,870 6,070 32,740 2,410 0 0 55,470 2 Denver, CO 5,380 31,720 0 300 0 0 37,400 3 Chicago, IL 8,220 21,740 0 0 0 0 29,970 4 Phoenix, AZ 18,160 9,320 0 1,820 0 10 29,540 5 Minneapolis, MN 18,140 0 0 0 4,640 0 22,780 6 Seattle/Tacoma, WA 12,290 3,470 0 1,940 0 0 17,830 7 Washington, DC 10,720 4,750 0 20 0 30 15,540 8 New York, NY 10,230 3,210 0 0 0 260 13,710 9 Orlando, FL 9,640 1,860 0 70 0 0 11,590 10 Dallas/Ft Worth, TX 9,170 1,370 0 120 0 0 10,970 11 Los Angeles, CA 6,060 3,540 0 810 0 0 10,480 12 San Diego, CA 5,860 2,970 0 710 0 0 9,610 13 Portland, OR 4,960 2,790 0 1,730 0 0 9,530 14 Atlanta, GA 7,350 1,620 0 500 0 0 9,480 15 Salt Lake City, UT 1,730 1,220 0 5,990 0 0 8,980 16 San Francisco, CA 4,460 3,440 0 560 0 0 8,470 17 Houston, TX 5,300 1,310 0 130 0 470 7,260 18 St Louis, MO 5,740 1,220 0 10 0 0 7,080 19 Orange County, CA 4,040 2,190 0 660 0 0 6,930 20 Kansas City, MO 5,160 1,140 0 0 30 0 6,350 21 Boston, MA 4,550 1,310 0 10 0 30 5,920 22 Tampa, FL 5,120 690 0 40 0 0 5,870 23 Detroit, MI 4,790 730 0 0 0 0 5,540 24 Sacramento, CA 2,720 1,850 0 690 0 0 5,270 25 Baltimore, MD 3,810 1,270 0 0 0 20 5,100 26 Philadelphia, PA 3,540 1,260 0 10 0 10 4,850 27 Tucson, AZ 2,610 1,630 0 370 0 0 4,690 28 San Antonio, TX 3,490 950 0 80 0 90 4,660 29 Indianapolis, IN 3,820 820 0 0 0 0 4,650 30 Milwaukee, WI 4,240 230 0 0 0 0 4,470 31 Reno, NV 100 3,190 0 880 0 0 4,180 32 Anchorage, AK 2,200 1,400 0 200 0 30 3,880 33 Charlotte, NC 2,920 840 0 0 0 0 3,830 34 Nashville, TN 2,980 730 0 20 0 10 3,750 35 Honolulu, HI 2,710 770 0 170 0 0 3,740 36 San Jose, CA 2,030 1,350 0 280 0 0 3,690 37 Fort Myers, FL 3,290 170 0 30 0 10 3,520 38 Boise, ID 1,880 900 0 710 0 0 3,490 39 Albuquerque, NM 1,770 1,370 0 290 0 0 3,440 40 Cleveland, OH 2,430 560 0 0 0 260 3,260 41 Spokane, WA 1,790 730 0 710 0 0 3,230 42 Fort Lauderdale, FL 2,540 590 0 30 0 10 3,180 43 Des Moines, IA 2,710 360 0 0 10 0 3,080 44 Raleigh/Durham, NC 1,880 1,120 0 30 0 20 3,070 45 Miami, FL 2,580 390 0 10 0 20 3,030 46 Pittsburgh, PA 1,780 1,060 0 0 0 20 2,870 47 Hartford, CT 1,810 960 0 10 0 10 2,810 48 Ontario, CA 290 1,660 0 820 0 0 2,810 49 Columbus, OH 1,850 900 0 0 0 10 2,780 50 Austin, TX 1,870 700 0 50 0 20 2,710

Total of Above 246,580 135,440 32,740 23,220 4,680 1,340 446,340 1 2 3 4 5 6.0% 0.0%

Total Domestic Passengers 306,810 175,350 32,740 31,730 4,770 2,170 558,670 FAR FAR1 FAR2 FAR3 FAR4 FAR5 FAR6 FAR0

source: US DOT Table DB1A

Rank

Hector International Airport - Fargo, ND

page 18

Airport Traffic Quarterly

Carrier Shares at Top 50 Origin & Destination Passenger Markets at FargoTwelve Months Ended June 2007

Approximates 100% Sample - Directional Journeyed Passengers

Page 20: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

FAR

page 19

Airport Traffic Quarterly

Hector International Airport - Fargo, ND

Twelve Months Ended June 2007Airline Share of Passengers at Fargo's Top 50 Domestic O&D Passenger Markets

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Las Vegas

Denver

Chicago

Phoenix

Minneapolis

Seattle/Tacoma

Washington

New York

Orlando

Dallas/Ft Worth

Los Angeles

San Diego

Portland, OR

Atlanta

Salt Lake City

San Francisco

Houston

St Louis

Orange County

Kansas City

Boston

Tampa

Detroit

Sacramento

Baltimore

Philadelphia

Tucson

San Antonio

Indianapolis

Milwaukee

Reno

Anchorage

Charlotte

Nashville

Honolulu

San Jose

Fort Myers

Boise

Albuquerque

Cleveland

Spokane

Fort Lauderdale

Des Moines

Raleigh/Durham

Miami

Pittsburgh

Hartford

Ontario

Columbus

Austin

NorthwestUnitedAllegiantDeltaOthers

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100

Total O&D Total O&D Itinerary Average Average Fared FaredAirport Revenue Passengers Mileage Coupons Fare Fare Yield

1 Minneapolis, MN $794,942,920 4,432,350 1,062 1.12 $179.35 $194.97 18.36¢ 2 Detroit, MI $600,783,200 4,043,100 956 1.13 $148.59 $158.25 16.55¢ 3 Memphis, TN $156,578,680 774,110 935 1.25 $202.27 $215.24 23.02¢ 4 Los Angeles, CA $149,416,060 819,810 1,877 1.36 $182.26 $195.42 10.41¢ 5 Seattle/Tacoma, WA $142,822,250 726,430 2,021 1.56 $196.61 $210.29 10.41¢ 6 New York La Guardia, NY $123,359,550 697,310 989 1.37 $176.91 $188.08 19.02¢ 7 Indianapolis, IN $104,921,800 696,740 1,116 1.45 $150.59 $155.43 13.93¢ 8 Orlando, FL $103,536,490 821,110 1,184 1.36 $126.09 $133.48 11.27¢ 9 San Francisco, CA $102,247,030 530,340 1,969 1.41 $192.80 $209.06 10.62¢ 10 Las Vegas, NV $102,091,120 668,880 1,636 1.35 $152.63 $162.95 9.96¢ 11 Washington National, DC $101,163,320 647,880 994 1.48 $156.15 $166.23 16.72¢ 12 Honolulu, HI $87,073,680 340,920 3,439 1.58 $255.41 $280.76 8.16¢ 13 Phoenix, AZ $86,015,520 563,260 1,620 1.48 $152.71 $166.48 10.28¢ 14 Boston, MA $85,121,530 492,630 1,167 1.45 $172.79 $184.90 15.84¢ 15 Milwaukee, WI $83,302,230 499,460 1,058 1.71 $166.78 $176.14 16.65¢ 16 Philadelphia, PA $72,966,650 425,170 1,130 1.58 $171.62 $180.45 15.97¢ 17 Kansas City, MO $64,515,560 365,770 934 1.70 $176.38 $183.34 19.63¢ 18 Grand Rapids, MI $63,993,330 379,860 1,105 1.87 $168.47 $181.01 16.38¢ 19 Tampa, FL $63,574,770 475,820 1,197 1.45 $133.61 $141.99 11.86¢ 20 New York Newark, NJ $60,645,170 290,410 1,127 1.52 $208.83 $231.17 20.51¢ 21 Chicago O'Hare, IL $59,748,830 502,760 549 1.34 $118.84 $123.32 22.46¢ 22 Portland, OR $59,354,780 297,670 1,978 1.71 $199.40 $216.84 10.96¢ 23 Denver, CO $59,300,120 449,950 1,069 1.47 $131.79 $140.97 13.19¢ 24 Baltimore, MD $56,383,780 414,490 1,073 1.59 $136.03 $141.22 13.16¢ 25 Atlanta, GA $55,473,490 363,640 956 1.43 $152.55 $161.57 16.90¢ 26 Madison, WI $51,508,690 289,970 1,098 1.89 $177.63 $190.18 17.32¢ 27 San Diego, CA $49,852,190 273,280 1,920 1.58 $182.42 $198.65 10.35¢ 28 Dallas/Ft Worth, TX $49,666,120 318,450 1,065 1.49 $155.96 $166.08 15.59¢ 29 Hartford, CT $46,091,680 242,260 1,337 1.69 $190.26 $201.71 15.09¢ 30 Fort Lauderdale, FL $44,978,980 326,560 1,331 1.44 $137.74 $146.46 11.00¢ 31 Anchorage, AK $43,531,000 142,860 3,130 1.90 $304.71 $344.47 11.01¢ 32 Nashville, TN $42,431,610 280,500 804 1.60 $151.27 $156.75 19.50¢ 33 St. Louis, MO $42,387,670 255,640 746 1.52 $165.81 $173.16 23.21¢ 34 Fort Myers, FL $41,173,340 307,440 1,343 1.42 $133.92 $148.24 11.04¢ 35 San Antonio, TX $39,270,500 219,810 1,313 1.74 $178.66 $190.40 14.50¢ 36 Omaha, NE $37,991,530 237,770 1,085 1.86 $159.78 $165.67 15.27¢ 37 Charlotte, NC $37,917,200 268,810 1,072 1.68 $141.06 $146.53 13.67¢ 38 Houston Intercontinental, TX $37,897,160 195,260 1,245 1.62 $194.09 $219.95 17.67¢ 39 Columbus, OH $37,665,190 230,460 1,093 1.82 $163.43 $170.62 15.61¢ 40 Raleigh/Durham, NC $36,478,860 220,500 1,073 1.63 $165.44 $175.18 16.33¢ 41 Green Bay, WI $35,579,230 200,060 1,080 1.95 $177.84 $190.41 17.63¢ 42 Pittsburgh, PA $35,521,300 201,870 1,101 1.81 $175.96 $183.42 16.66¢ 43 Fargo, ND $32,706,610 155,240 1,218 2.02 $210.68 $241.91 19.86¢ 44 Cleveland, OH $28,641,260 144,850 1,165 1.81 $197.73 $212.11 18.21¢ 45 New Orleans, LA $26,438,690 150,890 1,052 1.79 $175.22 $183.56 17.45¢ 46 Chicago Midway, IL $26,329,340 269,840 541 1.29 $97.57 $100.07 18.50¢ 47 Sioux Falls, SD $26,282,880 121,780 1,190 2.01 $215.82 $234.33 19.69¢ 48 Providence, RI $26,060,880 153,750 1,329 1.83 $169.50 $180.10 13.55¢ 49 Des Moines, IA $25,549,990 146,960 1,161 1.92 $173.86 $181.10 15.60¢ 50 Salt Lake City, UT $25,409,570 135,740 1,517 1.83 $187.19 $207.76 13.70¢

source: US DOT Table DB1A

Airport Traffic Quarterly

Statistical Summary of Top 100 Northwest Airlines Airports - Fargo is Ranked 43rdTwelve Months Ended June 2007

Approximates 100% Sample - Outbound Statistics - Ranked by Revenue

Rank

continued on page 21

Hector International Airport - Fargo, ND

page 20

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50

Total O&D Total O&D Itinerary Average Average Fared FaredAirport Revenue Passengers Mileage Coupons Fare Fare Yield

51 Miami, FL $25,330,470 158,790 1,433 1.46 $159.52 $176.61 12.32¢ 52 Washington Dulles, DC $25,302,330 190,760 1,002 1.43 $132.64 $138.67 13.84¢ 53 Manchester, NH $24,464,360 139,890 1,347 1.87 $174.88 $185.83 13.80¢ 54 Duluth, MN $24,325,870 119,010 1,182 2.11 $204.40 $227.49 19.25¢ 55 Orange County, CA $24,159,930 113,310 1,848 1.66 $213.22 $247.21 13.38¢ 56 New York J F Kennedy, NY $24,077,170 161,050 1,105 1.36 $149.50 $156.02 14.12¢ 57 Louisville, KY $23,926,180 150,640 1,013 1.80 $158.83 $164.58 16.25¢ 58 Buffalo, NY $23,701,320 149,150 1,147 1.94 $158.91 $164.97 14.38¢ 59 Flint, MI $23,463,840 161,000 1,038 1.85 $145.74 $155.81 15.01¢ 60 Spokane, WA $23,346,270 102,470 1,883 1.98 $227.84 $243.27 12.92¢ 61 Bismarck, ND $22,383,630 100,630 1,228 1.97 $222.43 $251.78 20.50¢ 62 Midland/Bay City/Saginaw, MI $21,787,800 122,750 1,081 2.05 $177.50 $195.88 18.12¢ 63 Sacramento, CA $21,057,170 108,010 1,948 1.80 $194.96 $213.84 10.98¢ 64 Jacksonville, FL $21,027,860 132,820 1,259 1.72 $158.32 $169.89 13.49¢ 65 Lansing, MI $20,908,010 124,240 1,000 2.04 $168.29 $180.72 18.07¢ 66 Bozeman, MT $20,879,750 88,690 1,577 1.96 $235.42 $271.13 17.19¢ 67 Boise, ID $19,760,080 94,660 1,729 1.89 $208.75 $221.28 12.80¢ 68 Traverse City, MI $19,666,930 104,700 1,058 2.00 $187.84 $208.05 19.66¢ 69 Norfolk, VA $18,818,370 110,810 1,219 1.88 $169.83 $182.24 14.95¢ 70 Rapid City, SD $18,692,030 78,720 1,240 1.99 $237.45 $261.24 21.07¢ 71 Kahului, HI $18,250,980 70,830 3,312 1.77 $257.67 $295.18 8.91¢ 72 Little Rock, AR $17,686,900 101,770 937 2.02 $173.79 $181.48 19.37¢ 73 San Jose, CA $17,364,240 88,410 2,031 1.75 $196.41 $214.74 10.57¢ 74 Grand Forks, ND $17,258,900 74,640 1,264 2.05 $231.23 $259.10 20.50¢ 75 Syracuse, NY $17,199,280 93,960 1,179 1.97 $183.05 $194.67 16.51¢ 76 Albany, NY $16,896,170 99,550 1,208 1.88 $169.73 $181.10 14.99¢ 77 Wausau, WI $16,806,740 89,760 1,166 2.03 $187.24 $200.65 17.21¢ 78 Billings, MT $16,739,550 78,630 1,448 1.98 $212.89 $232.36 16.05¢ 79 Austin, TX $16,599,050 90,060 1,277 1.72 $184.31 $207.59 16.26¢ 80 Minot, ND $16,491,550 67,490 1,384 2.06 $244.36 $273.31 19.75¢ 81 Birmingham, AL $15,392,620 84,610 905 1.88 $181.92 $190.69 21.07¢ 82 La Crosse, WI $15,162,350 70,720 1,222 2.13 $214.40 $230.78 18.89¢ 83 Appleton, WI $14,623,770 82,680 1,078 1.92 $176.87 $186.60 17.31¢ 84 Kalamazoo, MI $14,478,700 74,520 963 2.03 $194.29 $213.14 22.13¢ 85 Albuquerque, NM $14,364,450 82,160 1,432 1.73 $174.84 $191.02 13.34¢ 86 Cedar Rapids, IA $14,046,480 75,650 1,157 1.94 $185.68 $197.59 17.08¢ 87 Rochester, NY $13,925,040 74,320 1,142 1.93 $187.37 $198.31 17.36¢ 88 Fort Walton Beach, FL $13,861,760 74,890 945 1.93 $185.09 $202.01 21.38¢ 89 Missoula, MT $13,569,680 57,060 1,700 1.97 $237.81 $271.12 15.95¢ 90 Rochester, MN $13,141,010 71,400 1,103 2.06 $184.05 $202.36 18.35¢ 91 Oklahoma City, OK $13,140,310 73,110 1,196 1.98 $179.73 $188.77 15.78¢ 92 Moline, IL $11,685,100 76,040 1,193 1.97 $153.67 $158.46 13.28¢ 93 Colorado Springs, CO $11,356,150 76,000 1,219 1.76 $149.42 $158.23 12.98¢ 94 Fairbanks, AK $11,052,990 28,120 3,234 2.25 $393.07 $425.77 13.17¢ 95 Kalispell, MT $10,796,380 45,100 1,687 1.97 $239.39 $276.26 16.38¢ 96 Harrisburg, PA $10,725,950 53,980 1,146 1.97 $198.70 $213.49 18.63¢ 97 South Bend, IN $10,451,310 67,070 1,011 2.04 $155.83 $162.54 16.08¢ 98 Gulfport, MS $10,297,990 54,930 996 2.06 $187.47 $193.86 19.46¢ 99 Cincinnati, OH $10,158,090 48,120 1,235 1.88 $211.10 $230.66 18.68¢ 100 Kona, HI $10,052,620 36,360 3,338 1.76 $276.47 $303.16 9.08¢

Total of All Airports $5,712,206,380 33,323,920 1,220 1.51 $171.41 $183.55 15.05¢

source: US DOT Table DB1A

Airport Traffic Quarterly

Statistical Summary of Top 100 Northwest Airlines Airports - Fargo is Ranked 43rdTwelve Months Ended June 2007

page 21

Approximates 100% Sample - Outbound Statistics - Ranked by Revenue

Rank

Hector International Airport - Fargo, ND

Page 23: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

150

Total O&D Total O&D Itinerary Average Average Fared FaredAirport Revenue Passengers Mileage Coupons Fare Fare Yield

1 Chicago O'Hare, IL $940,010,010 6,154,480 1,013 1.10 $152.74 $162.58 16.05¢ 2 Denver, CO $733,080,550 4,592,540 1,096 1.13 $159.62 $172.48 15.74¢ 3 San Francisco, CA $727,468,400 3,610,810 1,522 1.23 $201.47 $223.75 14.70¢ 4 Los Angeles, CA $592,854,630 3,215,470 1,530 1.22 $184.38 $198.66 12.98¢ 5 Washington Dulles, DC $523,848,650 2,654,710 1,409 1.21 $197.33 $212.44 15.08¢ 6 Boston, MA $248,830,530 1,291,930 1,720 1.38 $192.60 $209.22 12.16¢ 7 Seattle/Tacoma, WA $208,160,720 1,138,490 1,658 1.55 $182.84 $201.32 12.14¢ 8 Honolulu, HI $182,659,210 702,730 3,358 1.68 $259.93 $300.85 8.96¢ 9 New York J F Kennedy, NY $174,626,800 413,830 2,468 1.23 $421.98 $481.20 19.50¢ 10 Las Vegas, NV $166,345,930 1,255,640 1,254 1.40 $132.48 $140.69 11.22¢ 11 New York La Guardia, NY $163,868,150 964,620 1,287 1.42 $169.88 $181.93 14.14¢ 12 San Diego, CA $155,513,770 886,100 1,507 1.53 $175.50 $190.49 12.64¢ 13 Philadelphia, PA $142,991,330 829,030 1,567 1.38 $172.48 $183.28 11.70¢ 14 Portland, OR $141,510,380 830,450 1,579 1.60 $170.40 $187.67 11.89¢ 15 Orlando, FL $138,438,830 935,980 1,503 1.38 $147.91 $158.95 10.58¢ 16 Baltimore, MD $117,503,620 657,810 1,780 1.49 $178.63 $189.20 10.63¢ 17 New York Newark, NJ $102,692,030 543,660 1,686 1.44 $188.89 $207.67 12.32¢ 18 Phoenix, AZ $99,509,670 750,500 1,246 1.49 $132.59 $144.21 11.57¢ 19 Kahului, HI $98,575,070 406,710 3,050 1.53 $242.37 $292.70 9.60¢ 20 Orange County, CA $95,546,210 558,070 1,395 1.53 $171.21 $187.58 13.45¢ 21 Sacramento, CA $95,273,100 529,280 1,671 1.69 $180.01 $195.46 11.70¢ 22 Washington National, DC $88,860,580 529,100 1,103 1.43 $167.95 $178.74 16.21¢ 23 Dallas/Ft Worth, TX $88,544,480 533,140 1,166 1.45 $166.08 $177.27 15.20¢ 24 San Jose, CA $81,905,080 441,850 1,640 1.53 $185.37 $201.02 12.26¢ 25 Minneapolis, MN $75,709,260 490,220 884 1.58 $154.44 $164.32 18.59¢ 26 Charlotte, NC $73,240,490 417,080 1,111 1.44 $175.60 $182.92 16.46¢ 27 Tampa, FL $68,012,960 511,100 1,378 1.41 $133.07 $141.93 10.30¢ 28 Oakland, CA $67,883,960 396,480 1,688 1.57 $171.22 $185.74 11.00¢ 29 Kona, HI $64,953,150 241,100 3,102 1.55 $269.40 $337.03 10.87¢ 30 Kansas City, MO $63,069,580 433,240 1,011 1.64 $145.58 $151.45 14.98¢ 31 Hartford, CT $62,612,070 359,720 1,466 1.70 $174.06 $186.59 12.73¢ 32 Atlanta, GA $59,881,040 350,960 1,208 1.48 $170.62 $186.16 15.41¢ 33 Salt Lake City, UT $58,810,170 346,080 1,293 1.67 $169.93 $182.96 14.15¢ 34 Pittsburgh, PA $57,104,180 369,740 1,221 1.54 $154.44 $161.09 13.19¢ 35 Omaha, NE $57,042,250 372,190 1,067 1.79 $153.26 $161.29 15.12¢ 36 Colorado Springs, CO $52,317,400 282,520 1,131 1.83 $185.18 $197.86 17.49¢ 37 New Orleans, LA $51,660,980 279,350 1,426 1.46 $184.93 $196.50 13.78¢ 38 Kauai Island, HI $50,454,000 200,860 3,029 1.66 $251.19 $316.25 10.44¢ 39 Boise, ID $49,411,260 267,480 1,363 1.71 $184.73 $200.09 14.68¢ 40 Albuquerque, NM $46,008,050 261,420 1,203 1.63 $175.99 $189.28 15.73¢ 41 Houston Intercontinental, TX $45,977,370 267,170 1,271 1.54 $172.09 $186.51 14.67¢ 42 San Antonio, TX $45,696,650 242,390 1,412 1.61 $188.53 $200.26 14.18¢ 43 Ontario, CA $44,744,890 291,300 1,258 1.63 $153.60 $162.12 12.89¢ 44 Detroit, MI $43,240,780 286,460 1,151 1.61 $150.95 $161.92 14.07¢ 45 Columbus, OH $43,175,080 286,640 1,075 1.58 $150.62 $157.86 14.68¢ 46 Des Moines, IA $42,982,970 231,120 1,069 1.80 $185.98 $200.87 18.79¢ 47 Providence, RI $40,473,920 229,440 1,608 1.75 $176.40 $187.40 11.65¢ 48 Reno, NV $39,784,090 244,720 1,395 1.77 $162.57 $172.10 12.34¢ 49 St. Louis, MO $39,624,120 240,490 1,093 1.71 $164.76 $175.12 16.02¢ 50 Austin, TX $39,020,840 209,500 1,352 1.57 $186.26 $202.04 14.94¢

source: US DOT Table DB1A

Airport Traffic Quarterly

Statistical Summary of Top 150 United Airlines Airports - Fargo is Ranked 99thTwelve Months Ended June 2007

Approximates 100% Sample - Outbound Statistics - Ranked by Revenue

Rank

continued on page 23

Hector International Airport - Fargo, ND

page 22

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100

Total O&D Total O&D Itinerary Average Average Fared FaredAirport Revenue Passengers Mileage Coupons Fare Fare Yield

51 Fort Lauderdale, FL $38,715,050 277,080 1,502 1.40 $139.73 $150.71 10.03¢ 52 Indianapolis, IN $38,024,920 230,290 1,177 1.77 $165.12 $175.95 14.95¢ 53 Oklahoma City, OK $35,528,780 205,540 1,178 1.76 $172.86 $181.01 15.37¢ 54 Miami, FL $35,309,480 224,030 1,581 1.48 $157.61 $172.97 10.94¢ 55 Aspen, CO $34,335,070 137,430 1,237 1.95 $249.84 $283.27 22.90¢ 56 Cleveland, OH $33,813,150 224,510 1,042 1.60 $150.61 $159.59 15.32¢ 57 Raleigh/Durham, NC $33,761,030 207,270 1,183 1.68 $162.88 $174.77 14.77¢ 58 Manchester, NH $32,905,990 180,910 1,568 1.78 $181.89 $195.42 12.46¢ 59 Norfolk, VA $32,305,930 176,970 1,496 1.87 $182.55 $193.01 12.90¢ 60 Albany, NY $32,064,330 169,740 1,630 1.87 $188.90 $201.93 12.39¢ 61 Wichita, KS $32,004,380 151,160 1,081 1.80 $211.73 $224.37 20.76¢ 62 Buffalo, NY $30,392,280 202,740 1,261 1.74 $149.91 $156.76 12.43¢ 63 Burbank, CA $30,374,950 193,470 925 1.44 $157.00 $168.75 18.24¢ 64 Fresno, CA $30,310,480 166,320 1,300 1.81 $182.24 $193.73 14.90¢ 65 Richmond, VA $29,743,510 147,010 1,430 1.86 $202.32 $218.37 15.27¢ 66 Spokane, WA $29,603,350 158,740 1,684 1.90 $186.49 $203.64 12.09¢ 67 Tucson, AZ $29,575,450 183,820 1,247 1.65 $160.89 $174.27 13.98¢ 68 Santa Barbara, CA $29,120,940 159,650 1,194 1.73 $182.40 $204.89 17.16¢ 69 Eugene, OR $28,618,650 162,360 1,410 1.93 $176.27 $196.14 13.91¢ 70 Sioux Falls, SD $28,589,380 133,510 1,044 1.80 $214.14 $228.37 21.87¢ 71 Rochester, NY $28,097,430 150,980 1,407 1.81 $186.10 $202.58 14.40¢ 72 Tulsa, OK $27,586,220 160,610 1,108 1.75 $171.76 $179.60 16.21¢ 73 Harrisburg, PA $26,645,430 128,210 1,363 1.88 $207.83 $222.77 16.34¢ 74 Nashville, TN $26,637,240 166,500 1,101 1.60 $159.98 $168.95 15.35¢ 75 Syracuse, NY $26,384,670 141,130 1,487 1.86 $186.95 $200.78 13.50¢ 76 Jacksonville, FL $26,249,840 171,830 1,147 1.49 $152.77 $161.19 14.05¢ 77 Charleston, SC $25,489,370 134,400 1,123 1.62 $189.65 $206.11 18.35¢ 78 Cincinnati, OH $25,481,950 123,950 1,090 1.67 $205.58 $220.79 20.26¢ 79 Cedar Rapids, IA $25,322,930 137,140 1,109 1.89 $184.65 $200.90 18.12¢ 80 Grand Rapids, MI $25,106,710 141,480 1,279 1.95 $177.46 $192.27 15.03¢ 81 Burlington, VT $25,079,660 119,770 1,759 1.98 $209.40 $231.30 13.15¢ 82 Madison, WI $24,971,330 134,940 1,178 1.91 $185.06 $201.27 17.09¢ 83 Palm Springs, CA $24,607,930 134,600 1,259 1.77 $182.82 $202.43 16.08¢ 84 Dayton, OH $24,039,240 129,610 1,183 1.84 $185.47 $194.19 16.42¢ 85 Portland, ME $23,932,670 118,860 1,571 1.81 $201.35 $222.24 14.15¢ 86 San Juan, PR $22,177,270 129,050 2,269 1.50 $171.85 $181.89 8.02¢ 87 Jackson, WY $21,633,920 94,530 1,464 1.94 $228.86 $256.93 17.55¢ 88 Anchorage, AK $21,569,150 79,150 2,963 1.80 $272.51 $320.30 10.81¢ 89 Springfield, MO $21,245,080 101,430 1,068 1.77 $209.46 $225.70 21.13¢ 90 Milwaukee, WI $20,945,920 115,830 1,247 1.96 $180.83 $195.99 15.72¢ 91 Billings, MT $20,355,820 104,770 1,245 1.89 $194.29 $207.44 16.66¢ 92 Greensboro, NC $19,407,880 111,260 1,201 1.74 $174.44 $185.46 15.44¢ 93 Monterey, CA $19,322,150 93,950 1,294 1.90 $205.66 $224.70 17.36¢ 94 Savannah, GA $18,794,500 113,690 1,092 1.55 $165.31 $181.85 16.65¢ 95 Columbia, SC $18,635,260 100,440 1,087 1.64 $185.54 $195.60 17.99¢ 96 Moline, IL $18,622,240 111,450 1,156 1.97 $167.09 $177.81 15.38¢ 97 Birmingham, AL $18,593,380 103,670 1,202 1.58 $179.35 $189.30 15.75¢ 98 Medford, OR $18,591,070 108,050 1,435 2.01 $172.06 $196.71 13.71¢ 99 Fargo, ND $18,570,010 88,990 1,139 1.75 $208.68 $225.89 19.83¢ 100 Memphis, TN $18,317,720 92,810 1,138 1.61 $197.37 $214.37 18.84¢

source: US DOT Table DB1A

Airport Traffic Quarterly

Statistical Summary of Top 150 United Airlines Airports - Fargo is Ranked 99thTwelve Months Ended June 2007

Approximates 100% Sample - Outbound Statistics - Ranked by Revenue

Rank

continued on page 24

Hector International Airport - Fargo, ND

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100

Total O&D Total O&D Itinerary Average Average Fared FaredAirport Revenue Passengers Mileage Coupons Fare Fare Yield

101 Bozeman, MT $18,011,110 81,690 1,437 1.86 $220.48 $249.88 17.39¢ 102 Rapid City, SD $17,742,440 77,970 1,164 1.95 $227.55 $245.67 21.11¢ 103 West Palm Beach, FL $16,535,910 124,020 1,275 1.45 $133.33 $139.92 10.97¢ 104 Lincoln, NE $16,400,280 88,930 998 1.79 $184.42 $200.13 20.05¢ 105 Knoxville, TN $16,169,930 81,910 1,263 1.75 $197.41 $212.96 16.86¢ 106 Durango, CO $15,423,940 76,730 1,119 1.92 $201.02 $218.84 19.56¢ 107 Eagle/Vail, CO $15,383,480 68,110 1,264 2.02 $225.86 $260.47 20.61¢ 108 White Plains, NY $14,989,510 74,550 1,233 1.54 $201.07 $220.08 17.85¢ 109 Appleton, WI $14,583,450 76,560 1,155 2.03 $190.48 $206.71 17.90¢ 110 South Bend, IN $14,453,060 82,060 1,144 2.10 $176.13 $185.87 16.25¢ 111 Grand Junction, CO $14,337,750 66,160 1,082 1.99 $216.71 $232.91 21.53¢ 112 Allentown/Bethlehem, PA $14,249,330 74,630 1,335 1.75 $190.93 $207.08 15.51¢ 113 Louisville, KY $13,681,750 79,220 1,176 1.81 $172.71 $182.01 15.48¢ 114 Greenville/Spartanburg, SC $13,451,430 77,120 983 1.62 $174.42 $187.69 19.09¢ 115 Roanoke, VA $12,930,610 61,000 1,184 1.84 $211.98 $228.38 19.29¢ 116 Missoula, MT $12,193,600 57,960 1,475 1.83 $210.38 $234.76 15.92¢ 117 Arcata/Eureka, CA $12,165,220 64,290 1,295 2.07 $189.22 $208.09 16.07¢ 118 San Luis Obispo, CA $11,734,480 63,630 1,268 2.03 $184.42 $201.00 15.85¢ 119 Fort Myers, FL $11,426,440 73,100 1,373 1.54 $156.31 $176.28 12.84¢ 120 Pasco, WA $10,944,620 44,240 1,737 1.95 $247.39 $265.84 15.30¢ 121 Green Bay, WI $10,554,230 56,540 1,171 2.05 $186.67 $200.42 17.12¢ 122 Peoria, IL $9,688,250 55,320 1,068 2.05 $175.13 $184.15 17.24¢ 123 Montrose, CO $9,550,670 47,540 1,252 2.06 $200.90 $224.14 17.90¢ 124 Bismarck, ND $9,436,050 44,440 1,139 1.80 $212.33 $226.56 19.89¢ 125 Hayden, CO $9,312,010 48,740 1,212 2.08 $191.05 $213.48 17.61¢ 126 Fayetteville, AR $9,250,480 45,130 960 1.61 $204.97 $218.74 22.79¢ 127 Casper, WY $9,196,710 37,630 1,078 2.02 $244.40 $256.25 23.77¢ 128 Springfield, IL $9,133,710 46,870 1,071 1.99 $194.87 $202.66 18.92¢ 129 Redmond, OR $9,036,050 65,560 1,437 2.15 $137.83 $158.95 11.06¢ 130 Myrtle Beach, SC $8,819,750 52,080 1,047 1.79 $169.35 $185.99 17.76¢ 131 Fort Wayne, IN $8,514,580 39,820 1,142 2.02 $213.83 $229.63 20.11¢ 132 Lansing, MI $8,342,060 40,840 1,105 1.97 $204.26 $218.26 19.75¢ 133 Bakersfield, CA $8,248,650 42,140 1,225 2.06 $195.74 $204.73 16.71¢ 134 Traverse City, MI $8,126,870 42,480 1,209 1.95 $191.31 $213.75 17.68¢ 135 Midland/Bay City/Saginaw, MI $7,646,030 37,460 1,118 1.89 $204.11 $227.63 20.36¢ 136 Lexington, KY $7,623,470 45,620 967 1.61 $167.11 $178.08 18.42¢ 137 El Paso, TX $7,476,930 40,460 1,212 1.77 $184.80 $195.78 16.15¢ 138 Wausau, WI $7,272,260 36,190 1,138 2.03 $200.95 $213.14 18.73¢ 139 Charleston, WV $6,967,370 35,590 1,231 1.88 $195.77 $204.92 16.65¢ 140 Redding, CA $6,892,800 34,430 1,369 2.17 $200.20 $222.28 16.24¢ 141 Great Falls, MT $6,885,990 30,200 1,431 1.89 $228.01 $242.38 16.94¢ 142 Bloomington/Normal, IL $6,870,290 40,340 1,071 2.05 $170.31 $178.13 16.63¢ 143 Modesto, CA $6,861,430 63,610 1,145 1.95 $107.87 $114.89 10.03¢ 144 Santa Maria, CA $6,858,020 31,600 1,378 2.19 $217.03 $228.83 16.61¢ 145 Idaho Falls, ID $6,641,060 27,700 1,322 1.91 $239.75 $254.06 19.22¢ 146 Charlottesville, VA $6,264,900 28,500 1,292 2.13 $219.82 $238.12 18.43¢ 147 Carlsbad, CA $5,773,260 50,880 1,225 2.04 $113.47 $126.58 10.33¢ 148 Kalamazoo, MI $5,444,070 26,720 1,251 2.06 $203.75 $221.12 17.68¢ 149 Akron/Canton, OH $5,425,770 32,120 1,191 1.77 $168.92 $179.90 15.10¢ 150 Gunnison, CO $5,319,670 28,490 1,151 2.04 $186.72 $206.91 17.98¢

Total of All Airports $9,444,379,860 53,123,400 1,383 1.44 $177.78 $192.19 13.90¢

source: US DOT Table DB1A

Airport Traffic Quarterly

Statistical Summary of Top 150 United Airlines Airports - Fargo is Ranked 99th

Hector International Airport - Fargo, ND

page 24

Twelve Months Ended June 2007Approximates 100% Sample - Outbound Statistics - Ranked by Revenue

Rank

Page 26: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

61

Total O&D Total O&D Itinerary Average Average Fared FaredAirport Revenue Passengers Mileage Coupons Fare Fare Yield

1 Las Vegas, NV $74,864,630 769,640 1,025 1.00 $97.27 $97.65 9.53¢ 2 Sanford, FL $27,955,100 330,710 856 1.00 $84.53 $84.62 9.89¢ 3 St. Petersburg/Clearwater, FL $8,189,990 107,500 825 1.00 $76.19 $76.19 9.24¢ 4 Rockford, IL $6,895,730 68,030 1,205 1.00 $101.36 $101.53 8.43¢ 5 Bellingham, WA $6,217,870 60,730 955 1.00 $102.39 $102.67 10.75¢ 6 Des Moines, IA $6,188,340 56,960 1,183 1.00 $108.64 $108.76 9.19¢ 7 Peoria, IL $5,877,340 49,340 1,338 1.00 $119.12 $119.56 8.94¢ 8 Cedar Rapids, IA $4,964,720 44,810 1,254 1.00 $110.79 $111.07 8.86¢ 9 Allentown/Bethlehem, PA $4,934,170 53,870 906 1.00 $91.59 $91.66 10.12¢ 10 Springfield, MO $4,823,650 46,870 1,089 1.00 $102.92 $103.00 9.46¢ 11 South Bend, IN $4,817,800 44,770 1,262 1.00 $107.61 $108.12 8.57¢ 12 Lansing, MI $4,599,610 45,760 1,238 1.00 $100.52 $100.89 8.15¢ 13 Sioux Falls, SD $4,031,140 38,020 1,155 1.00 $106.03 $106.25 9.20¢ 14 Wichita, KS $4,008,440 39,220 992 1.00 $102.20 $102.41 10.32¢ 15 McAllen, TX $3,602,520 30,740 1,196 1.00 $117.19 $117.42 9.82¢ 16 Green Bay, WI $3,058,390 25,010 1,533 1.00 $122.29 $122.29 7.98¢ 17 Colorado Springs, CO $2,530,070 35,980 603 1.00 $70.32 $70.50 11.69¢ 18 Belleville, IL $2,495,820 26,370 1,130 1.00 $94.65 $94.90 8.40¢ 19 Knoxville, TN $2,384,660 31,070 860 1.00 $76.75 $76.78 8.93¢ 20 Bismarck, ND $2,315,450 22,880 1,047 1.00 $101.20 $101.78 9.72¢ 21 Toledo, OH $2,194,600 25,770 907 1.00 $85.16 $85.19 9.39¢ 22 Fort Collins, CO $2,073,720 28,610 627 1.00 $72.48 $72.79 11.61¢ 23 Missoula, MT $1,930,370 22,970 750 1.00 $84.04 $84.26 11.23¢ 24 Fargo, ND $1,854,670 16,290 1,205 1.00 $113.85 $113.92 9.45¢ 25 Pasco, WA $1,806,210 19,670 731 1.00 $91.83 $91.97 12.58¢ 26 Shreveport, LA $1,783,500 20,540 1,092 1.00 $86.83 $87.00 7.97¢ 27 Fresno, CA $1,738,960 28,860 257 1.00 $60.25 $60.63 23.59¢ 28 Newburgh, NY $1,574,820 17,020 972 1.00 $92.53 $92.53 9.52¢ 29 Billings, MT $1,551,270 20,310 755 1.00 $76.38 $76.38 10.12¢ 30 Fort Wayne, IN $1,521,150 14,810 1,147 1.00 $102.71 $102.85 8.97¢ 31 Roanoke, VA $1,443,190 21,130 614 1.00 $68.30 $68.33 11.13¢ 32 Chattanooga, TN $1,379,820 27,320 498 1.00 $50.51 $50.52 10.15¢ 33 Laredo, TX $1,340,970 12,790 1,090 1.00 $104.84 $105.01 9.63¢ 34 Stockton, CA $1,337,950 21,380 358 1.00 $62.58 $62.76 17.53¢ 35 Duluth, MN $1,327,330 12,690 1,396 1.00 $104.60 $104.93 7.52¢ 36 Greenville/Spartanburg, SC $1,264,290 23,750 442 1.00 $53.23 $53.30 12.06¢ 37 Rapid City, SD $1,226,780 14,050 842 1.00 $87.32 $87.38 10.38¢ 38 Topeka, KS $1,063,900 12,470 1,086 1.00 $85.32 $86.22 7.94¢ 39 Lincoln, NE $997,590 11,910 1,047 1.00 $83.76 $84.26 8.05¢ 40 Santa Maria, CA $987,750 17,360 310 1.00 $56.90 $56.93 18.36¢ 41 Portsmouth, NH $968,260 10,110 1,143 1.00 $95.77 $96.25 8.42¢ 42 Idaho Falls, ID $858,780 13,200 538 1.00 $65.06 $65.21 12.12¢ 43 Youngstown, OH $841,770 11,750 861 1.00 $71.64 $71.82 8.34¢ 44 Huntington, WV $838,340 10,750 665 1.00 $77.99 $77.99 11.73¢ 45 Grand Junction, CO $606,370 10,510 420 1.00 $57.69 $57.80 13.76¢ 46 Killeen/Fort Hood, TX $545,260 7,430 1,055 1.00 $73.39 $73.49 6.97¢ 47 Abilene, TX $490,670 5,970 920 1.00 $82.19 $82.47 8.96¢ 48 Palm Springs, CA $407,870 4,850 860 1.01 $84.10 $84.10 9.78¢ 49 Great Falls, MT $361,290 4,410 811 1.00 $81.93 $82.11 10.12¢ 50 Worcester, MA $337,570 3,810 1,068 1.00 $88.60 $88.60 8.30¢

source: US DOT Table DB1A

Airport Traffic Quarterly

Statistical Summary of Top 61 Allegiant Air Airports - Fargo is Ranked 24thTwelve Months Ended June 2007

Approximates 100% Sample - Outbound Statistics - Ranked by Revenue

Rank

continued on page 26

Hector International Airport - Fargo, ND

page 25

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100

Total O&D Total O&D Itinerary Average Average Fared FaredAirport Revenue Passengers Mileage Coupons Fare Fare Yield

51 Kinston, NC $317,050 7,080 498 1.00 $44.78 $44.78 8.99¢ 52 Redmond, OR $280,400 3,760 646 1.00 $74.57 $75.17 11.64¢ 53 Medford, OR $205,180 3,090 599 1.00 $66.40 $66.40 11.09¢ 54 Greensboro, NC $198,090 3,550 545 1.00 $55.80 $55.80 10.24¢ 55 Fayetteville, NC $168,660 4,200 450 1.00 $40.16 $40.16 8.92¢ 56 Gulfport, MS $167,820 2,570 925 1.00 $65.30 $65.30 7.06¢ 57 Eugene, OR $153,270 2,030 697 1.00 $75.50 $75.50 10.83¢ 58 Tri-Cities, TN $130,940 1,920 535 1.00 $68.20 $68.20 12.75¢ 59 Reno, NV $67,280 1,230 655 1.00 $54.70 $54.70 8.35¢ 60 Columbia, SC $66,930 1,730 425 1.00 $38.69 $38.69 9.10¢ 61 Rochester, MN $38,550 500 1,313 1.00 $77.10 $82.02 6.25¢

Total of All Airports $223,204,570 2,432,430 961 1.00 $91.76 $91.99 9.57¢

source: US DOT Table DB1A

Airport Traffic Quarterly

Statistical Summary of Top 61 Allegiant Air Airports - Fargo is Ranked 24thTwelve Months Ended June 2007

Hector International Airport - Fargo, ND

page 26

Approximates 100% Sample - Outbound Statistics - Ranked by Revenue

Rank

Page 28: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

204

Total O&D Total O&D Itinerary Average Average Fared FaredAirport Revenue Passengers Mileage Coupons Fare Fare Yield

1 Atlanta, GA $1,300,568,370 7,276,290 909 1.07 $178.74 $193.54 21.29¢ 2 Salt Lake City, UT $413,900,410 2,440,100 1,187 1.20 $169.62 $187.23 15.77¢ 3 Cincinnati, OH $344,905,220 1,495,970 944 1.17 $230.56 $259.38 27.48¢ 4 New York La Guardia, NY $335,721,550 2,392,640 790 1.14 $140.31 $148.32 18.77¢ 5 Los Angeles, CA $306,740,450 1,676,690 2,082 1.35 $182.94 $201.78 9.69¢ 6 Boston, MA $290,947,320 1,923,650 1,108 1.21 $151.25 $162.10 14.63¢ 7 Orlando, FL $273,163,090 1,932,170 1,218 1.40 $141.38 $151.58 12.45¢ 8 New York J F Kennedy, NY $232,836,130 1,507,330 1,538 1.13 $154.47 $165.72 10.78¢ 9 Fort Lauderdale, FL $182,779,980 1,346,220 1,299 1.41 $135.77 $146.67 11.29¢ 10 Las Vegas, NV $179,750,680 1,093,570 1,910 1.53 $164.37 $181.32 9.49¢ 11 Washington National, DC $177,722,980 1,070,650 774 1.33 $166.00 $176.35 22.78¢ 12 Tampa, FL $166,311,680 1,169,930 1,201 1.45 $142.16 $152.18 12.67¢ 13 Seattle/Tacoma, WA $144,824,400 752,560 2,120 1.61 $192.44 $211.77 9.99¢ 14 San Francisco, CA $133,868,700 669,590 2,256 1.51 $199.93 $225.90 10.01¢ 15 Hartford, CT $120,779,670 731,210 1,422 1.41 $165.18 $177.10 12.45¢ 16 Honolulu, HI $116,096,350 455,280 3,953 1.64 $255.00 $298.00 7.54¢ 17 San Diego, CA $115,287,070 619,600 1,927 1.69 $186.07 $205.74 10.68¢ 18 West Palm Beach, FL $104,837,950 751,390 1,197 1.49 $139.53 $151.19 12.63¢ 19 Jacksonville, FL $98,669,340 656,930 1,137 1.69 $150.20 $159.41 14.02¢ 20 Raleigh/Durham, NC $96,397,850 624,620 1,090 1.54 $154.33 $161.89 14.85¢ 21 Philadelphia, PA $95,919,400 598,130 1,327 1.59 $160.37 $170.34 12.84¢ 22 Dallas/Ft Worth, TX $95,887,830 565,130 1,089 1.51 $169.67 $187.54 17.22¢ 23 Phoenix, AZ $92,959,710 586,700 1,645 1.70 $158.45 $176.88 10.75¢ 24 Baltimore, MD $89,289,980 572,750 1,165 1.56 $155.90 $163.41 14.03¢ 25 New York Newark, NJ $86,674,260 483,090 1,309 1.46 $179.42 $198.91 15.20¢ 26 Denver, CO $81,582,420 536,640 1,319 1.63 $152.02 $170.13 12.90¢ 27 Chicago O'Hare, IL $79,737,340 505,560 952 1.44 $157.72 $171.31 17.99¢ 28 Miami, FL $78,414,640 503,890 1,141 1.61 $155.62 $168.84 14.80¢ 29 Portland, OR $76,794,390 400,330 2,035 1.75 $191.83 $212.82 10.46¢ 30 Columbus, OH $70,190,750 457,340 1,110 1.58 $153.48 $162.26 14.62¢ 31 Fort Myers, FL $68,224,260 480,420 1,209 1.64 $142.01 $156.83 12.97¢ 32 Orange County, CA $67,457,730 372,750 1,684 1.60 $180.97 $201.69 11.98¢ 33 Savannah, GA $64,545,820 376,090 1,045 1.80 $171.62 $185.71 17.77¢ 34 Charleston, SC $62,736,910 315,920 1,073 1.77 $198.58 $221.81 20.67¢ 35 Washington Dulles, DC $62,310,730 361,700 1,134 1.53 $172.27 $188.67 16.64¢ 36 San Juan, PR $62,302,510 339,210 1,893 1.55 $183.67 $196.12 10.36¢ 37 Kansas City, MO $61,021,790 390,800 1,035 1.63 $156.15 $163.90 15.84¢ 38 San Antonio, TX $60,903,960 289,240 1,296 1.74 $210.57 $229.01 17.67¢ 39 Richmond, VA $57,044,130 352,710 1,044 1.65 $161.73 $171.16 16.39¢ 40 New Orleans, LA $56,744,060 358,680 1,054 1.68 $158.20 $166.96 15.84¢ 41 Norfolk, VA $56,672,990 303,440 1,400 1.85 $186.77 $197.71 14.12¢ 42 Nashville, TN $56,664,170 346,380 990 1.77 $163.59 $173.96 17.57¢ 43 Birmingham, AL $54,588,660 313,280 1,048 1.89 $174.25 $189.14 18.05¢ 44 Ontario, CA $53,036,240 296,750 1,788 1.74 $178.72 $191.32 10.70¢ 45 Sacramento, CA $52,389,030 294,160 1,798 1.70 $178.10 $190.56 10.60¢ 46 Pittsburgh, PA $51,526,260 354,510 1,116 1.68 $145.35 $152.50 13.67¢ 47 Austin, TX $51,378,070 254,800 1,268 1.68 $201.64 $221.88 17.50¢ 48 Charlotte, NC $50,772,130 360,630 1,234 1.80 $140.79 $147.73 11.97¢ 49 St. Louis, MO $48,900,530 260,420 922 1.66 $187.78 $201.33 21.84¢ 50 Greensboro, NC $47,331,800 265,570 968 1.65 $178.23 $191.46 19.78¢ 51 Louisville, KY $46,578,200 272,980 1,029 1.90 $170.63 $182.87 17.77¢

source: US DOT Table DB1A

Airport Traffic Quarterly

Statistical Summary of Top 204 Delta Air Lines Airports - Fargo is Ranked 203rdTwelve Months Ended June 2007

Approximates 100% Sample - Outbound Statistics - Ranked by Revenue

Rank

continued on page 28

Hector International Airport - Fargo, ND

page 27

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100

Total O&D Total O&D Itinerary Average Average Fared FaredAirport Revenue Passengers Mileage Coupons Fare Fare Yield

52 Albuquerque, NM $46,144,930 236,570 1,502 1.80 $195.06 $214.60 14.29¢ 53 Minneapolis, MN $46,142,420 268,350 1,181 1.57 $171.95 $194.69 16.48¢ 54 Houston Intercontinental, TX $45,225,110 247,570 1,185 1.58 $182.68 $198.50 16.75¢ 55 Pensacola, FL $44,268,560 255,690 1,084 1.92 $173.13 $186.35 17.19¢ 56 Memphis, TN $42,237,820 232,210 829 1.60 $181.89 $197.01 23.77¢ 57 Knoxville, TN $41,282,300 209,210 1,078 1.93 $197.32 $220.97 20.50¢ 58 Columbia, SC $40,178,050 189,140 1,111 1.88 $212.42 $232.06 20.89¢ 59 San Jose, CA $39,667,980 215,580 1,822 1.66 $184.01 $197.06 10.82¢ 60 Dayton, OH $39,553,160 252,320 992 1.73 $156.76 $163.61 16.49¢ 61 Detroit, MI $38,627,250 250,800 1,105 1.54 $154.02 $170.08 15.39¢ 62 Huntsville, AL $38,347,430 167,170 1,069 1.91 $229.39 $248.11 23.21¢ 63 Indianapolis, IN $37,386,160 266,910 948 1.71 $140.07 $147.70 15.58¢ 64 Greenville/Spartanburg, SC $37,242,510 175,620 1,103 1.89 $212.06 $241.55 21.90¢ 65 Oklahoma City, OK $36,606,910 174,730 1,209 1.77 $209.51 $223.96 18.52¢ 66 Little Rock, AR $36,238,790 180,210 1,039 1.80 $201.09 $215.59 20.75¢ 67 Sarasota/Bradenton, FL $35,918,960 244,680 1,165 1.81 $146.80 $161.44 13.86¢ 68 Fort Walton Beach, FL $35,505,300 157,620 1,050 1.94 $225.26 $247.48 23.57¢ 69 Cleveland, OH $35,261,160 206,610 1,180 1.65 $170.67 $184.44 15.63¢ 70 Tallahassee, FL $35,076,020 181,510 1,105 1.94 $193.25 $212.04 19.19¢ 71 Buffalo, NY $34,452,090 267,990 1,369 1.76 $128.56 $132.97 9.71¢ 72 Lexington, KY $34,112,550 175,650 994 1.86 $194.21 $216.12 21.74¢ 73 Jackson, MS $34,081,780 175,610 1,026 1.84 $194.08 $207.58 20.23¢ 74 Oakland, CA $33,402,150 196,620 1,806 1.68 $169.88 $179.07 9.92¢ 75 Anchorage, AK $32,902,360 126,420 3,308 2.02 $260.26 $308.80 9.33¢ 76 Omaha, NE $30,590,260 173,450 1,193 1.81 $176.36 $185.96 15.59¢ 77 Milwaukee, WI $30,303,990 196,150 1,020 1.69 $154.49 $162.73 15.95¢ 78 Kahului, HI $30,237,290 137,770 3,664 1.75 $219.48 $280.91 7.67¢ 79 Tucson, AZ $29,637,810 151,910 1,632 1.79 $195.10 $215.39 13.20¢ 80 Daytona Beach, FL $29,627,500 185,360 1,160 1.92 $159.84 $173.44 14.95¢ 81 Tulsa, OK $28,881,650 141,990 1,165 1.80 $203.41 $216.72 18.60¢ 82 Boise, ID $28,715,700 168,890 1,285 1.88 $170.03 $180.93 14.08¢ 83 Syracuse, NY $27,072,510 146,800 1,470 1.85 $184.42 $197.28 13.42¢ 84 Providence, RI $26,437,780 142,560 1,555 1.80 $185.45 $201.22 12.94¢ 85 Panama City, FL $26,385,980 110,810 1,099 1.98 $238.12 $260.17 23.67¢ 86 Portland, ME $26,264,070 152,340 1,527 1.86 $172.40 $188.21 12.33¢ 87 Rochester, NY $25,486,690 174,080 1,277 1.71 $146.41 $154.11 12.07¢ 88 Albany, NY $25,363,630 128,980 1,499 1.81 $196.65 $213.91 14.27¢ 89 Melbourne, FL $24,703,180 133,230 1,191 1.84 $185.42 $210.08 17.64¢ 90 Reno, NV $23,800,480 140,140 1,739 1.84 $169.83 $187.69 10.79¢ 91 Manchester, NH $23,537,220 128,810 1,600 1.85 $182.73 $194.91 12.18¢ 92 Mobile, AL $23,209,150 103,390 1,015 1.91 $224.48 $248.07 24.44¢ 93 Gulfport, MS $23,159,150 120,690 1,039 1.89 $191.89 $198.94 19.15¢ 94 Harrisburg, PA $23,006,100 108,110 1,224 1.80 $212.80 $227.02 18.55¢ 95 Baton Rouge, LA $22,898,210 119,920 1,006 1.77 $190.95 $203.74 20.25¢ 96 Chicago Midway, IL $22,570,310 176,620 858 1.42 $127.79 $132.28 15.42¢ 97 Colorado Springs, CO $22,420,610 125,570 1,298 1.83 $178.55 $194.24 14.96¢ 98 Fayetteville, AR $21,639,580 92,690 1,047 1.78 $233.46 $249.07 23.79¢ 99 Montgomery, AL $20,821,070 91,280 1,107 2.04 $228.10 $243.98 22.04¢ 100 Akron/Canton, OH $20,798,550 135,390 1,136 1.85 $153.62 $160.59 14.14¢ 101 Bozeman, MT $20,265,050 96,070 1,409 2.05 $210.94 $253.38 17.98¢ 102 Newport News, VA $20,085,480 112,310 1,133 1.73 $178.84 $186.72 16.48¢

source: US DOT Table DB1A

Airport Traffic Quarterly

Statistical Summary of Top 204 Delta Air Lines Airports - Fargo is Ranked 203rdTwelve Months Ended June 2007

Approximates 100% Sample - Outbound Statistics - Ranked by Revenue

Rank

continued on page 29

Hector International Airport - Fargo, ND

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100

Total O&D Total O&D Itinerary Average Average Fared FaredAirport Revenue Passengers Mileage Coupons Fare Fare Yield

103 Chattanooga, TN $20,054,500 94,950 1,046 2.02 $211.21 $234.04 22.37¢ 104 Augusta, GA $20,021,420 78,940 1,132 2.05 $253.63 $279.63 24.70¢ 105 Tri-Cities, TN $19,747,460 86,950 1,140 1.97 $227.11 $248.40 21.79¢ 106 Spokane, WA $19,627,900 118,510 1,549 1.94 $165.62 $177.42 11.45¢ 107 Grand Rapids, MI $19,167,650 101,850 1,075 1.84 $188.19 $206.24 19.18¢ 108 Asheville, NC $19,072,480 97,250 1,158 2.01 $196.12 $220.67 19.06¢ 109 Kalispell, MT $19,018,630 87,550 1,548 2.06 $217.23 $253.55 16.38¢ 110 Myrtle Beach, SC $18,924,750 112,360 1,110 1.84 $168.43 $185.57 16.72¢ 111 Fayetteville, NC $18,708,030 65,710 1,206 1.89 $284.71 $294.80 24.44¢ 112 Des Moines, IA $18,704,710 97,590 1,129 1.82 $191.67 $202.41 17.93¢ 113 South Bend, IN $18,530,330 111,340 1,148 2.00 $166.43 $174.72 15.22¢ 114 Houston Hobby, TX $18,525,650 117,470 1,005 1.56 $157.71 $169.88 16.90¢ 115 Roanoke, VA $18,162,280 83,310 1,123 1.86 $218.01 $236.12 21.03¢ 116 El Paso, TX $17,987,060 79,170 1,615 1.86 $227.20 $242.48 15.01¢ 117 Jackson, WY $17,679,360 88,270 1,486 2.07 $200.29 $242.85 16.34¢ 118 Missoula, MT $16,585,060 78,680 1,349 2.01 $210.79 $241.10 17.87¢ 119 Idaho Falls, ID $16,570,600 72,490 1,247 2.10 $228.59 $254.19 20.38¢ 120 White Plains, NY $16,454,070 93,900 1,016 1.43 $175.23 $191.10 18.81¢ 121 Billings, MT $16,438,890 81,000 1,213 1.98 $202.95 $222.06 18.31¢ 122 Charleston, WV $16,271,770 78,790 1,150 1.91 $206.52 $218.47 19.00¢ 123 Pasco, WA $15,948,870 66,740 1,627 2.10 $238.97 $267.11 16.42¢ 124 Evansville, IN $15,673,700 75,390 1,044 1.97 $207.90 $220.20 21.09¢ 125 Shreveport, LA $15,241,860 70,220 1,072 1.84 $217.06 $241.21 22.50¢ 126 Gainesville, FL $14,945,740 76,560 1,162 1.96 $195.22 $216.76 18.65¢ 127 Bangor, ME $14,586,580 71,860 1,560 2.00 $202.99 $226.68 14.53¢ 128 Allentown/Bethlehem, PA $14,425,280 79,860 1,303 1.86 $180.63 $192.54 14.78¢ 129 Wilmington, NC $14,040,610 72,150 1,239 1.89 $194.60 $209.91 16.94¢ 130 Dothan, AL $14,016,420 44,740 1,098 2.02 $313.29 $343.12 31.25¢ 131 Wilkes-Barre/Scranton, PA $13,665,880 70,300 1,420 1.92 $194.39 $204.00 14.37¢ 132 Fort Wayne, IN $12,813,330 58,210 1,047 1.96 $220.12 $241.44 23.06¢ 133 Appleton, WI $12,685,660 64,150 1,080 1.81 $197.75 $211.89 19.62¢ 134 Key West, FL $12,612,650 65,280 1,195 1.95 $193.21 $225.27 18.85¢ 135 Wichita, KS $12,399,350 74,850 1,156 1.75 $165.66 $173.18 14.98¢ 136 Helena, MT $12,269,280 49,230 1,380 2.08 $249.22 $277.84 20.13¢ 137 St. Thomas, VI $12,252,200 53,540 2,090 1.73 $228.84 $304.25 14.56¢ 138 Columbus, GA $12,153,330 38,860 1,050 2.09 $312.75 $327.58 31.20¢ 139 Springfield, MO $11,563,680 53,640 1,009 1.82 $215.58 $237.30 23.52¢ 140 Burlington, VT $10,618,000 64,890 1,531 1.87 $163.63 $176.38 11.52¢ 141 Charlottesville, VA $10,317,570 47,600 1,193 1.84 $216.76 $238.83 20.02¢ 142 Great Falls, MT $9,838,010 45,300 1,304 2.00 $217.17 $239.02 18.33¢ 143 Palm Springs, CA $9,776,030 53,390 1,723 1.95 $183.11 $217.92 12.65¢ 144 Toledo, OH $9,678,990 53,480 1,017 1.91 $180.98 $197.37 19.41¢ 145 Burbank, CA $9,573,350 62,580 1,152 1.54 $152.98 $161.90 14.05¢ 146 Madison, WI $8,978,260 49,610 1,029 1.84 $180.98 $195.48 19.00¢ 147 Sun Valley, ID $8,933,030 36,550 1,346 2.07 $244.41 $285.40 21.20¢ 148 Cedar Rapids, IA $8,763,200 44,130 955 1.88 $198.58 $211.77 22.18¢ 149 Albany, GA $8,720,320 32,850 984 2.03 $265.46 $284.05 28.87¢ 150 Fresno, CA $8,520,380 41,430 1,423 1.89 $205.66 $228.92 16.09¢ 151 Moline, IL $8,398,360 58,170 1,107 1.80 $144.38 $148.54 13.42¢ 152 Grand Junction, CO $8,325,710 39,000 1,233 2.08 $213.48 $240.70 19.52¢ 153 Sioux Falls, SD $8,209,870 38,210 1,199 1.85 $214.86 $234.97 19.60¢

source: US DOT Table DB1AHector International Airport - Fargo, ND

page 29

Airport Traffic Quarterly

Statistical Summary of Top 204 Delta Air Lines Airports - Fargo is Ranked 203rdTwelve Months Ended June 2007

Approximates 100% Sample - Outbound Statistics - Ranked by Revenue

Rank

continued on page 30

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100

Total O&D Total O&D Itinerary Average Average Fared FaredAirport Revenue Passengers Mileage Coupons Fare Fare Yield

154 Flint, MI $8,128,760 59,070 1,170 1.72 $137.61 $145.57 12.44¢ 155 Redmond, OR $7,421,570 31,590 1,629 2.03 $234.93 $254.51 15.62¢ 156 Alexandria, LA $7,357,260 31,890 1,071 1.89 $230.71 $241.22 22.52¢ 157 Lafayette, LA $7,143,520 34,730 1,043 1.84 $205.69 $219.13 21.01¢ 158 Monroe, LA $6,989,740 33,690 1,044 1.86 $207.47 $226.94 21.74¢ 159 Rapid City, SD $6,974,770 32,330 1,335 1.98 $215.74 $242.35 18.15¢ 160 Santa Barbara, CA $6,842,020 33,090 1,561 1.95 $206.77 $235.20 15.07¢ 161 Butte, MT $6,802,690 26,700 1,362 2.08 $254.78 $284.63 20.90¢ 162 Valdosta, GA $6,783,990 30,280 1,167 2.04 $224.04 $239.63 20.53¢ 163 Medford, OR $6,748,480 32,940 1,617 2.01 $204.87 $219.39 13.57¢ 164 Kalamazoo, MI $6,509,390 31,520 973 1.92 $206.52 $224.46 23.07¢ 165 Eugene, OR $6,386,570 33,340 1,631 1.99 $191.56 $206.28 12.65¢ 166 Green Bay, WI $6,381,550 33,590 1,060 1.89 $189.98 $204.60 19.30¢ 167 State College, PA $6,302,230 28,910 1,260 2.05 $217.99 $231.70 18.39¢ 168 Peoria, IL $6,213,400 36,100 1,061 1.85 $172.12 $177.48 16.73¢ 169 Bloomington/Normal, IL $6,199,550 41,040 1,111 1.92 $151.06 $155.18 13.97¢ 170 Long Beach, CA $6,145,910 54,690 912 1.34 $112.38 $114.39 12.54¢ 171 Lansing, MI $5,939,150 31,540 1,120 1.94 $188.31 $200.51 17.90¢ 172 Columbus, MS $5,934,390 22,880 1,068 1.98 $259.37 $279.66 26.19¢ 173 Fairbanks, AK $5,641,470 14,440 3,522 2.51 $390.68 $418.51 11.88¢ 174 Bakersfield, CA $5,527,380 26,360 1,505 1.95 $209.69 $219.34 14.57¢ 175 Lewiston, ID $5,479,530 24,520 1,498 2.06 $223.47 $238.24 15.90¢ 176 Monterey, CA $5,203,330 24,770 1,759 1.95 $210.07 $227.82 12.95¢ 177 Lynchburg, VA $5,044,040 21,170 1,200 1.81 $238.26 $266.74 22.23¢ 178 Aspen, CO $5,042,350 24,370 1,502 2.09 $206.91 $244.54 16.28¢ 179 Bellingham, WA $4,995,570 24,530 1,864 2.02 $203.65 $219.01 11.75¢ 180 Brunswick, GA $4,809,630 22,300 1,021 1.89 $215.68 $241.21 23.62¢ 181 Long Island, NY $4,699,080 25,190 1,399 1.79 $186.55 $209.69 14.99¢ 182 Elko, NV $4,475,680 17,600 1,000 2.03 $254.30 $260.21 26.02¢ 183 Meridian, MS $4,465,280 15,280 1,148 2.06 $292.23 $314.90 27.43¢ 184 Atlantic City, NJ $4,407,700 23,180 1,208 1.65 $190.15 $203.03 16.81¢ 185 Binghamton, NY $4,321,390 21,490 1,413 1.91 $201.09 $217.48 15.39¢ 186 Saint George, UT $4,300,130 24,500 832 1.62 $175.52 $193.53 23.26¢ 187 Corpus Christi, TX $4,275,240 18,810 1,353 1.88 $227.29 $255.85 18.91¢ 188 Twin Falls, ID $4,173,470 18,140 1,097 2.09 $230.07 $245.50 22.38¢ 189 McAllen, TX $4,140,760 19,950 1,402 1.78 $207.56 $223.58 15.95¢ 190 Erie, PA $4,111,670 26,180 1,267 1.93 $157.05 $164.80 13.01¢ 191 Killeen/Fort Hood, TX $3,995,210 19,220 1,242 1.84 $207.87 $216.31 17.42¢ 192 Pocatello, ID $3,883,390 16,210 1,118 2.08 $239.57 $253.32 22.66¢ 193 Casper, WY $3,780,290 15,070 1,109 1.96 $250.85 $268.30 24.19¢ 194 Hayden, CO $3,746,790 23,090 1,443 1.76 $162.27 $198.24 13.74¢ 195 Naples, FL $3,626,650 17,260 1,133 1.87 $210.12 $242.42 21.40¢ 196 Florence, SC $3,328,460 14,710 1,124 1.99 $226.27 $244.38 21.74¢ 197 Huntington, WV $3,319,040 14,930 970 2.10 $222.31 $236.74 24.41¢ 198 Jacksonville, NC $3,238,420 15,430 1,311 1.97 $209.88 $218.08 16.63¢ 199 Kona, HI $3,194,880 13,210 3,961 1.80 $241.85 $305.44 7.71¢ 200 Eagle/Vail, CO $3,109,400 16,810 1,539 1.57 $184.97 $290.60 18.88¢ 201 Durango, CO $3,083,590 15,810 1,286 1.99 $195.04 $213.99 16.64¢ 202 Macon, GA $3,006,450 11,960 1,060 2.09 $251.38 $270.85 25.55¢ 203 Fargo, ND $2,938,340 15,640 1,353 1.85 $187.87 $211.09 15.60¢ 204 Tupelo, MS $2,330,230 10,880 951 1.97 $214.18 $226.90 23.86¢

Total of All Airports $9,786,290,850 56,497,630 1,265 1.49 $173.22 $187.86 14.85¢

source: US DOT Table DB1A

Rank

Airport Traffic Quarterly

Statistical Summary of Top 204 Delta Air Lines Airports - Fargo is Ranked 203rdTwelve Months Ended June 2007

Approximates 100% Sample - Outbound Statistics - Ranked by Revenue

Hector International Airport - Fargo, ND

page 30

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FAR

FDEW Percent ofAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Minneapolis, MN 6,009 5,481 5,461 7.5 44.7% -4.7% -0.4% 2 Denver, CO 2,248 2,443 2,714 3.7 22.2% 9.9% 11.1% 3 Chicago O'Hare, IL 2,090 2,096 2,537 3.5 20.8% 10.2% 21.0% 4 Salt Lake City, UT 2 88 1,105 1.5 9.0% <1000% <1000% 5 Las Vegas, NV 27 384 333 0.5 2.7% 251.2% -13.3% 6 Bull. City/Laughlin, AZ 8 14 8 0.0 0.1% 0.0% -42.9% 7 Grand Forks, ND 4 1 4 0.0 0.0% 0.0% 300.0% 8 Minot, ND 2 1 4 0.0 0.0% 41.4% 300.0% 9 Green Bay, WI 0 1 3 0.0 0.0% n/a 200.0% 10 Moline, IL 0 1 3 0.0 0.0% n/a 200.0%

FDEW Percent ofAirline YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Skywest 3,410 4,180 6,380 8.7 52.2% 36.8% 52.6% 2 Northwest 4,163 4,042 3,647 5.0 29.9% -6.4% -9.8% 3 Pinnacle 92 825 1,341 1.8 11.0% 281.8% 62.5% 4 Mesaba 1,779 853 558 0.8 4.6% -44.0% -34.6% 5 Allegiant 0 170 264 0.4 2.2% n/a 55.3% 6 Sun Country 50 36 20 0.0 0.2% -36.8% -44.4% 7 United 0 0 4 0.0 0.0% n/a n/a 8 American 1 0 0 0.0 0.0% -100.0% n/a 9 America West 1 0 0 0.0 0.0% -100.0% n/a 10 Casino Express 10 2 0 0.0 0.0% -100.0% -100.0%

FDEW Percent ofAircraft Type YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 CRJ-200/ER Regional Jet 4,430 5,460 7,867 10.8 64.4% 33.3% 44.1% 2 A319 Narrow Body 367 1,389 1,586 2.2 13.0% 107.9% 14.2% 3 DC-9-30 Narrow Body 2,174 989 1,297 1.8 10.6% -22.8% 31.1% 4 A320-100/200 Narrow Body 680 839 497 0.7 4.1% -14.5% -40.8% 5 Avro RJ-85 Regional Jet 1,198 806 348 0.5 2.8% -46.1% -56.8% 6 MD-80/DC-9-8 Narrow Body 1 170 264 0.4 2.2% <1000% 55.3% 7 DC-9-50 Narrow Body 613 629 145 0.2 1.2% -51.4% -76.9% 8 DC-9-40 Narrow Body 181 169 118 0.2 1.0% -19.3% -30.2% 9 CRJ-700 Regional Jet 0 0 47 0.1 0.4% n/a n/a 10 737-800/900 Narrow Body 50 36 20 0.0 0.2% -36.8% -44.4%

FDEW Percent ofAircraft Type YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Regional Jet 5,630 6,266 8,262 11.3 67.6% 21.1% 31.9% 2 Narrow Body 4,224 4,247 3,935 5.4 32.2% -3.5% -7.3% 3 Turboprop 581 47 17 0.0 0.1% -82.9% -63.8%

Total Flights Performed 10,436 10,563 12,214 16.7 100.0% 8.2% 15.6%

source: US DOT Form 41 Schedule T-100

Aircraft Types Flown at Fargo - Flights Performed

Rank

Top 10 Aircraft Flown at Fargo - Flights Performed

Avg. Ann. ChangeRank

Airport Traffic Summary

Top 10 Domestic Airport Pairs at Fargo - Flights PerformedRanked by Twelve Months Ended June 2007

100% Sample - Inbound and Outbound Flights - Scheduled and Charter Airlines

Avg. Ann. ChangeRank

Top 10 Domestic Airlines at Fargo - Flights Performed

Avg. Ann. Change

page 31

Avg. Ann. ChangeRank

Hector International Airport - Fargo, ND

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FAR

SDEW Percent ofAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Minneapolis, MN 577,381 566,075 523,107 716.6 58.4% -4.8% -7.6% 2 Denver, CO 112,498 122,150 136,356 186.8 15.2% 10.1% 11.6% 3 Chicago O'Hare, IL 104,749 104,900 127,090 174.1 14.2% 10.1% 21.2% 4 Salt Lake City, UT 246 4,570 55,250 75.7 6.2% <1000% <1000% 5 Las Vegas, NV 4,892 52,256 48,232 66.1 5.4% 214.0% -7.7% 6 Bull. City/Laughlin, AZ 1,416 2,412 1,440 2.0 0.2% 0.8% -40.3% 7 Seattle/Tacoma, WA 632 448 500 0.7 0.1% -11.1% 11.6% 8 Minot, ND 250 125 400 0.5 0.0% 26.5% 220.0% 9 Grand Forks, ND 307 125 275 0.4 0.0% -5.4% 120.0% 10 Portland, OR 328 0 224 0.3 0.0% -17.4% n/a

SDEW Percent ofAirline YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Northwest 473,336 497,974 432,061 591.9 48.2% -4.5% -13.2% 2 Skywest 170,500 209,000 319,752 438.0 35.7% 36.9% 53.0% 3 Pinnacle 4,468 40,110 66,742 91.4 7.4% 286.5% 66.4% 4 Allegiant 0 25,500 39,600 54.2 4.4% n/a 55.3% 5 Mesaba 102,416 57,212 34,240 46.9 3.8% -42.2% -40.2% 6 Sun Country 8,892 6,264 3,528 4.8 0.4% -37.0% -43.7% 7 United 0 0 552 0.8 0.1% n/a n/a 8 American 129 0 0 0.0 0.0% -100.0% n/a 9 America West 150 0 0 0.0 0.0% -100.0% n/a 10 Casino Express 1,220 244 0 0.0 0.0% -100.0% -100.0%

SDEW Percent ofAircraft Type YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 CRJ-200/ER Regional Jet 221,368 271,960 393,042 538.4 43.8% 33.2% 44.5% 2 A319 Narrow Body 45,508 172,236 196,664 269.4 21.9% 107.9% 14.2% 3 DC-9-30 Narrow Body 217,400 98,900 129,700 177.7 14.5% -22.8% 31.1% 4 A320-100/200 Narrow Body 100,642 124,172 73,516 100.7 8.2% -14.5% -40.8% 5 MD-80/DC-9-8 Narrow Body 129 25,500 39,600 54.2 4.4% <1000% 55.3% 6 Avro RJ-85 Regional Jet 82,662 55,614 24,012 32.9 2.7% -46.1% -56.8% 7 DC-9-50 Narrow Body 76,625 78,625 18,125 24.8 2.0% -51.4% -76.9% 8 DC-9-40 Narrow Body 19,910 18,590 12,980 17.8 1.4% -19.3% -30.2% 9 737-800/900 Narrow Body 8,892 6,264 3,528 4.8 0.4% -37.0% -43.7% 10 CRJ-700 Regional Jet 0 0 3,102 4.2 0.3% n/a n/a

SDEW Percent ofAircraft Type YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Narrow Body 483,454 529,163 475,741 651.7 53.1% -0.8% -10.1% 2 Regional Jet 304,206 327,574 420,156 575.6 46.9% 17.5% 28.3% 3 Turboprop 19,754 1,598 578 0.8 0.1% -82.9% -63.8%

Total Seats Available 807,687 859,154 896,475 1,228.0 100.0% 5.4% 4.3%

source: US DOT Form 41 Schedule T-100

Avg. Ann. ChangeRank

Top 10 Domestic Airlines at Fargo - Seats Available

Airport Traffic Summary

Top 10 Domestic Airport Pairs at Fargo - Seats AvailableRanked by Twelve Months Ended June 2007

100% Sample - Inbound and Outbound Seats - Scheduled and Charter Airlines

Avg. Ann. ChangeRank

Top 10 Aircraft Flown at Fargo - Seats Available

Avg. Ann. Change

Hector International Airport - Fargo, ND

page 32

Rank

Aircraft Types Flown at Fargo - Seats Available

Avg. Ann. ChangeRank

Page 34: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

FAR

PDEW Percent ofAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Minneapolis, MN 370,595 370,596 340,715 466.7 56.2% -4.1% -8.1% 2 Denver, CO 87,744 100,134 105,302 144.2 17.4% 9.5% 5.2% 3 Chicago O'Hare, IL 77,533 79,919 85,367 116.9 14.1% 4.9% 6.8% 4 Las Vegas, NV 3,498 34,383 37,723 51.7 6.2% 228.4% 9.7% 5 Salt Lake City, UT 229 2,443 32,902 45.1 5.4% <1000% <1000% 6 Bull. City/Laughlin, AZ 1,365 2,134 1,312 1.8 0.2% -2.0% -38.5% 7 Seattle/Tacoma, WA 613 353 448 0.6 0.1% -14.5% 26.9% 8 Minot, ND 188 100 286 0.4 0.0% 23.3% 186.0% 9 Portland, OR 259 0 200 0.3 0.0% -12.1% n/a 10 Anchorage, AK 0 505 179 0.2 0.0% n/a -64.6%

PDEW Percent ofAirline YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Northwest 303,505 313,737 265,973 364.3 43.9% -6.4% -15.2% 2 Skywest 131,159 164,405 223,465 306.1 36.9% 30.5% 35.9% 3 Pinnacle 3,752 33,245 55,083 75.5 9.1% 283.2% 65.7% 4 Allegiant 0 20,870 32,694 44.8 5.4% n/a 56.7% 5 Mesaba 65,480 40,725 26,521 36.3 4.4% -36.4% -34.9% 6 Sun Country 7,128 3,207 1,739 2.4 0.3% -50.6% -45.8% 7 United 0 0 465 0.6 0.1% n/a n/a 8 American 30 0 0 0.0 0.0% -100.0% n/a 9 America West 123 0 0 0.0 0.0% -100.0% n/a 10 Casino Express 1,026 232 0 0.0 0.0% -100.0% -100.0%

PDEW Percent ofAircraft Type YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 CRJ-200/ER Regional Jet 168,834 215,783 285,196 390.7 47.1% 30.0% 32.2% 2 A319 Narrow Body 28,839 101,300 118,476 162.3 19.6% 102.7% 17.0% 3 DC-9-30 Narrow Body 144,364 65,483 82,479 113.0 13.6% -24.4% 26.0% 4 A320-100/200 Narrow Body 63,989 80,190 45,247 62.0 7.5% -15.9% -43.6% 5 MD-80/DC-9-8 Narrow Body 30 20,870 32,694 44.8 5.4% <1000% 56.7% 6 Avro RJ-85 Regional Jet 52,646 39,646 17,111 23.4 2.8% -43.0% -56.8% 7 DC-9-50 Narrow Body 44,217 49,913 10,348 14.2 1.7% -51.6% -79.3% 8 DC-9-40 Narrow Body 11,973 12,314 8,510 11.7 1.4% -15.7% -30.9% 9 CRJ-700 Regional Jet 0 0 2,361 3.2 0.4% n/a n/a 10 737-800/900 Narrow Body 7,128 3,207 1,739 2.4 0.3% -50.6% -45.8%

PDEW Percent ofAircraft Type YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Regional Jet 221,580 255,429 304,668 417.4 50.3% 17.3% 19.3% 2 Narrow Body 311,546 337,284 300,871 412.2 49.7% -1.7% -10.8% 3 Turboprop 12,834 1,079 401 0.5 0.1% -82.3% -62.8%

Total Onboard Passengers 546,226 594,554 605,940 830.1 100.0% 5.3% 1.9%

source: US DOT Form 41 Schedule T-100

Rank

Top 10 Aircraft Flown at Fargo - Onboard Passengers

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Top 10 Domestic Airlines at Fargo - Onboard Passengers

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Airport Traffic Summary

Top 10 Domestic Airport Pairs at Fargo - Onboard PassengersRanked by Twelve Months Ended June 2007

100% Sample - Inbound and Outbound Passengers - Scheduled and Charter Airlines

Hector International Airport - Fargo, ND

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Rank

Aircraft Types Flown at Fargo - Onboard Passengers

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FAR

Seats OverallAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 3 Yr Avg 04-06 05-06

1 Minneapolis, MN 64.2% 65.5% 65.1% 523,107 64.9% 0.7% -0.5% 2 Denver, CO 78.0% 82.0% 77.2% 136,356 79.0% -0.5% -5.8% 3 Chicago O'Hare, IL 74.0% 76.2% 67.2% 127,090 72.1% -4.7% -11.8% 4 Salt Lake City, UT 93.1% 53.5% 59.6% 55,250 59.2% -20.0% 11.4% 5 Las Vegas, NV 71.5% 65.8% 78.2% 48,232 71.7% 4.6% 18.9% 6 Bull. City/Laughlin, AZ 96.4% 88.5% 91.1% 1,440 91.3% -2.8% 3.0% 7 Seattle/Tacoma, WA 97.0% 78.8% 89.6% 500 89.5% -3.9% 13.7% 8 Minot, ND 75.2% 80.0% 71.5% 400 74.1% -2.5% -10.6% 9 Grand Forks, ND 35.8% 75.2% 43.6% 275 45.8% 10.4% -42.0% 10 Portland, OR 79.0% n/a 89.3% 224 83.2% 6.3% n/a

Seats OverallAirline YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 3 Yr Avg 04-06 05-06

1 Northwest 64.1% 63.0% 61.6% 432,061 62.9% -2.0% -2.3% 2 Skywest 76.9% 78.7% 69.9% 319,752 74.2% -4.7% -11.2% 3 Pinnacle 84.0% 82.9% 82.5% 66,742 82.7% -0.9% -0.4% 4 Allegiant n/a 81.8% 82.6% 39,600 82.3% n/a 0.9% 5 Mesaba 63.9% 71.2% 77.5% 34,240 68.5% 10.1% 8.8% 6 Sun Country 80.2% 51.2% 49.3% 3,528 64.6% -21.6% -3.7% 7 United n/a n/a 84.2% 552 84.2% n/a n/a 8 American 23.3% n/a n/a 0 23.3% n/a n/a 9 America West 82.0% n/a n/a 0 82.0% n/a n/a 10 Casino Express 84.1% 95.1% n/a 0 85.9% n/a n/a

Seats OverallAircraft Type YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 3 Yr Avg 04-06 05-06

1 CRJ-200/ER Regional Jet 76.3% 79.3% 72.6% 393,042 75.6% -2.5% -8.5% 2 A319 Narrow Body 63.4% 58.8% 60.2% 196,664 60.0% -2.5% 2.4% 3 DC-9-30 Narrow Body 66.4% 66.2% 63.6% 129,700 65.5% -2.1% -4.0% 4 A320-100/200 Narrow Body 63.6% 64.6% 61.5% 73,516 63.5% -1.6% -4.7% 5 MD-80/DC-9-8 Narrow Body 23.3% 81.8% 82.6% 39,600 82.2% 88.4% 0.9% 6 Avro RJ-85 Regional Jet 63.7% 71.3% 71.3% 24,012 67.4% 5.8% 0.0% 7 DC-9-50 Narrow Body 57.7% 63.5% 57.1% 18,125 60.3% -0.5% -10.1% 8 DC-9-40 Narrow Body 60.1% 66.2% 65.6% 12,980 63.7% 4.4% -1.0% 9 737-800/900 Narrow Body 80.2% 51.2% 49.3% 3,528 64.6% -21.6% -3.7% 10 CRJ-700 Regional Jet n/a n/a 76.1% 3,102 76.1% n/a n/a

Seats OverallAircraft Type YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 3 Yr Avg 04-06 05-06

1 Narrow Body 64.4% 63.7% 63.2% 475,741 63.8% -0.9% -0.8% 2 Regional Jet 72.8% 78.0% 72.5% 420,156 74.3% -0.2% -7.0% 3 Turboprop 65.0% 67.5% 69.4% 578 65.3% 3.3% 2.7%

Average Load Factor 67.6% 69.2% 67.6% 896,475 68.1% 0.0% -2.3%

source: US DOT Form 41 Schedule T-100

Airport Traffic Summary

Load Factors at Top 10 Domestic Seats Available Airport Pairs at FargoRanked by Twelve Months Ended June 2007

100% Sample - Inbound and Outbound Seats - Scheduled and Charter Airlines

Load Factors of Top 10 Aircraft Flown at Fargo

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Load Factors at Top 10 Domestic Seats Available Airlines at Fargo

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Hector International Airport - Fargo, ND

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Load Factors of Aircraft Types Flown at Fargo

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Outbound Percent ofAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 Flights / Day YE 2Q 2007 04-06 05-06

1 Chicago O'Hare, IL 420,227 408,404 400,383 1,096.9 18.0% -2.4% -2.0% 2 Dallas/Ft Worth, TX 332,622 308,364 299,418 820.3 13.5% -5.1% -2.9% 3 Houston Intercontinental, TX 211,274 230,552 220,224 603.4 9.9% 2.1% -4.5% 4 Minneapolis, MN 229,444 208,492 192,987 528.7 8.7% -8.3% -7.4% 5 St. Louis, MO 125,271 125,005 114,251 313.0 5.1% -4.5% -8.6% 6 Chicago Midway, IL 107,032 98,706 103,931 284.7 4.7% -1.5% 5.3% 7 Kansas City, MO 71,224 72,398 76,586 209.8 3.5% 3.7% 5.8% 8 Milwaukee, WI 78,825 77,135 71,648 196.3 3.2% -4.7% -7.1% 9 Houston Hobby, TX 57,313 54,984 55,829 153.0 2.5% -1.3% 1.5% 10 Dallas Love Field, TX 43,089 43,911 50,339 137.9 2.3% 8.1% 14.6% 11 Austin, TX 46,777 48,096 49,112 134.6 2.2% 2.5% 2.1% 12 San Antonio, TX 41,788 45,541 45,169 123.8 2.0% 4.0% -0.8% 13 New Orleans, LA 56,626 29,146 37,565 102.9 1.7% -18.6% 28.9% 14 Omaha, NE 30,055 30,931 30,777 84.3 1.4% 1.2% -0.5% 15 Oklahoma City, OK 27,710 27,827 26,674 73.1 1.2% -1.9% -4.1% 16 Tulsa, OK 25,511 27,067 25,643 70.3 1.2% 0.3% -5.3% 17 El Paso, TX 23,467 24,097 22,544 61.8 1.0% -2.0% -6.4% 18 Des Moines, IA 20,842 21,611 21,705 59.5 1.0% 2.0% 0.4% 19 Little Rock, AR 22,947 22,735 21,556 59.1 1.0% -3.1% -5.2% 20 Madison, WI 17,732 16,998 16,791 46.0 0.8% -2.7% -1.2% 21 Wichita, KS 17,522 15,434 15,332 42.0 0.7% -6.5% -0.7% 22 Fayetteville, AR 17,849 16,490 15,001 41.1 0.7% -8.3% -9.0% 23 Cedar Rapids, IA 13,911 13,516 13,046 35.7 0.6% -3.2% -3.5% 24 Baton Rouge, LA 8,999 12,359 11,263 30.9 0.5% 11.9% -8.9% 25 Moline, IL 11,140 10,998 11,045 30.3 0.5% -0.4% 0.4% 26 Springfield, MO 11,982 11,942 10,961 30.0 0.5% -4.4% -8.2% 27 Green Bay, WI 11,456 11,360 10,163 27.8 0.5% -5.8% -10.5% 28 Shreveport, LA 10,563 9,812 9,638 26.4 0.4% -4.5% -1.8% 29 Appleton, WI 9,697 9,288 9,229 25.3 0.4% -2.4% -0.6% 30 Lubbock, TX 9,323 9,410 9,135 25.0 0.4% -1.0% -2.9% 31 Amarillo, TX 9,075 9,247 9,044 24.8 0.4% -0.2% -2.2% 32 Corpus Christi, TX 8,919 9,316 8,580 23.5 0.4% -1.9% -7.9% 33 Midland/Odessa, TX 7,943 8,180 8,434 23.1 0.4% 3.0% 3.1% 34 Sioux Falls, SD 8,261 7,841 7,620 20.9 0.3% -4.0% -2.8% 35 Killeen/Fort Hood, TX 5,225 6,099 6,252 17.1 0.3% 9.4% 2.5% 36 Fargo, ND 5,212 5,266 6,104 16.7 0.3% 8.2% 15.9% 37 Peoria, IL 7,608 6,741 6,095 16.7 0.3% -10.5% -9.6% 38 Lafayette, LA 5,006 5,611 5,948 16.3 0.3% 9.0% 6.0% 39 Bloomington/Normal, IL 6,000 5,619 5,819 15.9 0.3% -1.5% 3.6% 40 Wausau, WI 6,465 5,908 5,588 15.3 0.3% -7.0% -5.4% 41 Harlingen, TX 5,940 5,922 5,567 15.3 0.3% -3.2% -6.0% 42 Rapid City, SD 6,052 5,763 5,365 14.7 0.2% -5.8% -6.9% 43 McAllen, TX 3,733 4,486 5,104 14.0 0.2% 16.9% 13.8% 44 Monroe, LA 4,244 3,870 4,821 13.2 0.2% 6.6% 24.6% 45 Alexandria, LA 4,072 4,058 4,793 13.1 0.2% 8.5% 18.1% 46 Rochester, MN 5,047 4,828 4,760 13.0 0.2% -2.9% -1.4% 47 Lincoln, NE 5,719 5,686 4,543 12.4 0.2% -10.9% -20.1% 48 College Station, TX 4,115 4,025 3,860 10.6 0.2% -3.1% -4.1% 49 Abilene, TX 3,221 3,754 3,839 10.5 0.2% 9.2% 2.3% 50 Waco, TX 3,497 3,754 3,518 9.6 0.2% 0.3% -6.3%

Total of Above 2,264,006 2,192,363 2,143,834 5,873.5 96.6% -2.7% -2.2%

Total Flights Performed 2,346,696 2,269,367 2,218,753 6,078.8 100.0% -2.8% -2.2%

source: US DOT Form 41 Schedule T-100

Airport Traffic Quarterly

Top 50 Central Region Airports - Domestic Flights PerformedRanked by Twelve Months Ended June 2007

100% Sample - Departures Only - Scheduled and Charter Airlines

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Hector International Airport - Fargo, ND

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Outbound Percent ofAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 Seats / Day YE 2Q 2007 04-06 05-06

1 Chicago O'Hare, IL 42,234,881 40,274,186 39,521,740 108,279 18.7% -3.3% -1.9% 2 Dallas/Ft Worth, TX 34,592,837 33,686,430 33,027,591 90,487 15.6% -2.3% -2.0% 3 Minneapolis, MN 23,427,246 21,428,587 20,709,997 56,740 9.8% -6.0% -3.4% 4 Houston Intercontinental, TX 19,927,685 20,681,676 20,354,109 55,765 9.6% 1.1% -1.6% 5 Chicago Midway, IL 13,479,952 13,139,120 13,443,500 36,832 6.4% -0.1% 2.3% 6 St. Louis, MO 10,052,041 10,327,087 10,185,798 27,906 4.8% 0.7% -1.4% 7 Kansas City, MO 7,807,413 7,630,586 7,974,478 21,848 3.8% 1.1% 4.5% 8 Houston Hobby, TX 7,170,812 6,907,331 7,108,861 19,476 3.4% -0.4% 2.9% 9 Dallas Love Field, TX 5,308,415 5,319,091 6,011,700 16,470 2.8% 6.4% 13.0% 10 Austin, TX 5,284,192 5,448,270 5,656,867 15,498 2.7% 3.5% 3.8% 11 San Antonio, TX 4,834,397 5,228,789 5,309,266 14,546 2.5% 4.8% 1.5% 12 Milwaukee, WI 5,174,384 5,109,916 4,850,607 13,289 2.3% -3.2% -5.1% 13 New Orleans, LA 7,165,409 3,502,915 4,588,377 12,571 2.2% -20.0% 31.0% 14 Omaha, NE 2,768,115 2,784,645 2,800,218 7,672 1.3% 0.6% 0.6% 15 El Paso, TX 2,722,913 2,823,699 2,704,241 7,409 1.3% -0.3% -4.2% 16 Oklahoma City, OK 2,423,327 2,479,090 2,377,010 6,512 1.1% -1.0% -4.1% 17 Tulsa, OK 2,290,024 2,372,691 2,267,226 6,212 1.1% -0.5% -4.4% 18 Little Rock, AR 1,785,484 1,763,569 1,710,350 4,686 0.8% -2.1% -3.0% 19 Des Moines, IA 1,327,168 1,276,054 1,301,660 3,566 0.6% -1.0% 2.0% 20 Wichita, KS 1,080,194 1,000,226 1,075,607 2,947 0.5% -0.2% 7.5% 21 Madison, WI 1,197,636 1,094,200 1,058,292 2,899 0.5% -6.0% -3.3% 22 Fayetteville, AR 984,133 937,083 867,764 2,377 0.4% -6.1% -7.4% 23 Lubbock, TX 825,112 836,297 841,320 2,305 0.4% 1.0% 0.6% 24 Midland/Odessa, TX 763,276 766,812 782,937 2,145 0.4% 1.3% 2.1% 25 Cedar Rapids, IA 742,257 710,198 732,128 2,006 0.3% -0.7% 3.1% 26 Amarillo, TX 716,230 719,572 728,409 1,996 0.3% 0.8% 1.2% 27 Moline, IL 633,091 619,368 643,300 1,762 0.3% 0.8% 3.9% 28 Green Bay, WI 684,864 696,715 639,973 1,753 0.3% -3.3% -8.1% 29 Baton Rouge, LA 526,933 786,138 621,753 1,703 0.3% 8.6% -20.9% 30 Harlingen, TX 625,843 629,557 615,691 1,687 0.3% -0.8% -2.2% 31 Corpus Christi, TX 601,862 610,164 590,872 1,619 0.3% -0.9% -3.2% 32 Springfield, MO 590,834 611,746 590,533 1,618 0.3% 0.0% -3.5% 33 Sioux Falls, SD 528,370 539,171 530,464 1,453 0.3% 0.2% -1.6% 34 McAllen, TX 431,909 505,787 525,484 1,440 0.2% 10.3% 3.9% 35 Shreveport, LA 495,728 468,442 467,922 1,282 0.2% -2.8% -0.1% 36 Fargo, ND 403,520 428,626 448,051 1,228 0.2% 5.4% 4.5% 37 Appleton, WI 502,784 434,122 397,865 1,090 0.2% -11.0% -8.4% 38 Bloomington/Normal, IL 353,943 340,858 357,277 979 0.2% 0.5% 4.8% 39 Peoria, IL 364,149 341,243 332,132 910 0.2% -4.5% -2.7% 40 Rapid City, SD 341,236 331,036 308,714 846 0.1% -4.9% -6.7% 41 Killeen/Fort Hood, TX 201,802 255,375 276,084 756 0.1% 17.0% 8.1% 42 Bismarck, ND 277,609 268,204 273,853 750 0.1% -0.7% 2.1% 43 Lafayette, LA 227,324 265,611 260,005 712 0.1% 6.9% -2.1% 44 Rochester, MN 266,059 248,847 257,914 707 0.1% -1.5% 3.6% 45 Lincoln, NE 289,955 285,931 242,882 665 0.1% -8.5% -15.1% 46 Duluth, MN 243,301 224,425 239,609 656 0.1% -0.8% 6.8% 47 Wausau, WI 242,055 219,726 216,678 594 0.1% -5.4% -1.4% 48 Alexandria, LA 179,351 172,371 200,849 550 0.1% 5.8% 16.5% 49 Monroe, LA 169,919 156,572 187,329 513 0.1% 5.0% 19.6% 50 La Crosse, WI 209,461 190,595 181,975 499 0.1% -6.8% -4.5%

Total of Above 215,477,435 207,878,750 207,397,262 568,212 98.2% -1.9% -0.2%

Total Seats Available 219,423,180 211,736,970 211,123,154 578,420 100.0% -1.9% -0.3%

source: US DOT Form 41 Schedule T-100

Airport Traffic Quarterly

Top 50 Central Region Airports - Domestic Seats AvailableRanked by Twelve Months Ended June 2007

100% Sample - Departures Only - Scheduled and Charter Airlines

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Hector International Airport - Fargo, ND

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Outbound Percent ofAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 Paxs / Day YE 2Q 2007 04-06 05-06

1 Chicago O'Hare, IL 31,616,951 31,883,833 31,338,104 85,858 19.7% -0.4% -1.7% 2 Dallas/Ft Worth, TX 25,788,490 26,392,535 26,128,574 71,585 16.5% 0.7% -1.0% 3 Houston Intercontinental, TX 15,172,821 16,435,431 16,199,829 44,383 10.2% 3.3% -1.4% 4 Minneapolis, MN 16,686,906 16,408,353 15,949,933 43,698 10.0% -2.2% -2.8% 5 Chicago Midway, IL 8,792,518 9,286,662 9,372,404 25,678 5.9% 3.2% 0.9% 6 St. Louis, MO 6,780,551 7,330,613 7,233,199 19,817 4.6% 3.3% -1.3% 7 Kansas City, MO 5,453,482 5,662,508 5,979,828 16,383 3.8% 4.7% 5.6% 8 Houston Hobby, TX 4,575,722 4,586,129 4,674,521 12,807 2.9% 1.1% 1.9% 9 Austin, TX 3,691,879 4,006,336 4,221,420 11,566 2.7% 6.9% 5.4% 10 Dallas Love Field, TX 3,292,566 3,460,645 4,087,121 11,198 2.6% 11.4% 18.1% 11 San Antonio, TX 3,490,318 3,862,783 3,957,053 10,841 2.5% 6.5% 2.4% 12 New Orleans, LA 5,231,572 2,760,150 3,582,670 9,816 2.3% -17.2% 29.8% 13 Milwaukee, WI 3,384,784 3,623,280 3,562,500 9,760 2.2% 2.6% -1.7% 14 Omaha, NE 2,029,727 2,125,833 2,116,053 5,797 1.3% 2.1% -0.5% 15 El Paso, TX 1,762,861 1,857,785 1,934,142 5,299 1.2% 4.7% 4.1% 16 Oklahoma City, OK 1,743,618 1,823,767 1,797,640 4,925 1.1% 1.5% -1.4% 17 Tulsa, OK 1,573,840 1,647,439 1,609,942 4,411 1.0% 1.1% -2.3% 18 Little Rock, AR 1,238,103 1,288,153 1,259,266 3,450 0.8% 0.9% -2.2% 19 Des Moines, IA 963,522 926,628 954,624 2,615 0.6% -0.5% 3.0% 20 Madison, WI 841,549 798,551 782,757 2,145 0.5% -3.6% -2.0% 21 Wichita, KS 728,311 701,853 712,585 1,952 0.4% -1.1% 1.5% 22 Lubbock, TX 564,703 587,292 606,098 1,661 0.4% 3.6% 3.2% 23 Fayetteville, AR 536,085 561,200 553,510 1,516 0.3% 1.6% -1.4% 24 Cedar Rapids, IA 479,311 508,676 520,722 1,427 0.3% 4.2% 2.4% 25 Midland/Odessa, TX 459,550 492,240 513,670 1,407 0.3% 5.7% 4.4% 26 Amarillo, TX 444,721 455,369 483,621 1,325 0.3% 4.3% 6.2% 27 Moline, IL 442,009 443,543 468,772 1,284 0.3% 3.0% 5.7% 28 Baton Rouge, LA 391,954 596,117 456,831 1,252 0.3% 8.0% -23.4% 29 Green Bay, WI 410,311 438,798 441,582 1,210 0.3% 3.7% 0.6% 30 Springfield, MO 392,790 438,641 428,684 1,174 0.3% 4.5% -2.3% 31 Harlingen, TX 430,825 430,754 418,186 1,146 0.3% -1.5% -2.9% 32 Corpus Christi, TX 411,403 439,170 402,733 1,103 0.3% -1.1% -8.3% 33 McAllen, TX 321,470 368,713 391,052 1,071 0.2% 10.3% 6.1% 34 Sioux Falls, SD 348,862 373,680 371,607 1,018 0.2% 3.2% -0.6% 35 Shreveport, LA 318,339 317,922 307,254 842 0.2% -1.8% -3.4% 36 Fargo, ND 273,925 297,723 303,829 832 0.2% 5.3% 2.1% 37 Appleton, WI 299,620 285,521 287,062 786 0.2% -2.1% 0.5% 38 Peoria, IL 246,375 252,944 256,481 703 0.2% 2.0% 1.4% 39 Bloomington/Normal, IL 223,653 240,370 256,219 702 0.2% 7.0% 6.6% 40 Rapid City, SD 240,454 237,388 225,750 618 0.1% -3.1% -4.9% 41 Lafayette, LA 166,985 201,216 182,908 501 0.1% 4.7% -9.1% 42 Bismarck, ND 171,431 180,391 181,550 497 0.1% 2.9% 0.6% 43 Killeen/Fort Hood, TX 126,045 166,591 181,176 496 0.1% 19.9% 8.8% 44 Lincoln, NE 203,641 198,926 178,185 488 0.1% -6.5% -10.4% 45 Wausau, WI 165,014 159,790 158,156 433 0.1% -2.1% -1.0% 46 Rochester, MN 141,198 147,145 155,357 426 0.1% 4.9% 5.6% 47 Duluth, MN 154,322 143,807 153,794 421 0.1% -0.2% 6.9% 48 Alexandria, LA 123,329 121,717 122,264 335 0.1% -0.4% 0.4% 49 La Crosse, WI 124,111 121,172 119,774 328 0.1% -1.8% -1.2% 50 Rockford, IL 8,767 60,868 109,064 299 0.1% 252.7% 79.2%

Total of Above 153,461,294 156,136,951 156,690,056 429,288 98.7% 1.0% 0.4%

Total Onboard Passengers 155,567,327 158,265,419 158,795,833 435,057 100.0% 1.0% 0.3%

source: US DOT Form 41 Schedule T-100

Avg. Ann. ChangeRank

Hector International Airport - Fargo, ND

page 37

Airport Traffic Quarterly

Top 50 Central Region Airports - Domestic Onboard PassengersRanked by Twelve Months Ended June 2007

100% Sample - Departures Only - Scheduled and Charter Airlines

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Seats OverallAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 3 Yr Avg 04-06 05-06

1 Houston Intercontinental, TX 76.1% 79.5% 79.6% 20,354,109 78.4% 2.2% 0.2% 2 Chicago O'Hare, IL 74.9% 79.2% 79.3% 39,521,740 77.7% 2.9% 0.2% 3 Dallas/Ft Worth, TX 74.5% 78.3% 79.1% 33,027,591 77.3% 3.0% 1.0% 4 New Orleans, LA 73.0% 78.8% 78.1% 4,588,377 75.9% 3.4% -0.9% 5 Peoria, IL 67.7% 74.1% 77.2% 332,132 72.8% 6.8% 4.2% 6 Minneapolis, MN 71.2% 76.6% 77.0% 20,709,997 74.8% 4.0% 0.6% 7 Oklahoma City, OK 72.0% 73.6% 75.6% 2,377,010 73.7% 2.5% 2.8% 8 Omaha, NE 73.3% 76.3% 75.6% 2,800,218 75.1% 1.5% -1.0% 9 Kansas City, MO 69.9% 74.2% 75.0% 7,974,478 73.0% 3.6% 1.0% 10 Austin, TX 69.9% 73.5% 74.6% 5,656,867 72.7% 3.3% 1.5% 11 San Antonio, TX 72.2% 73.9% 74.5% 5,309,266 73.6% 1.6% 0.9% 12 McAllen, TX 74.4% 72.9% 74.4% 525,484 73.9% 0.0% 2.1% 13 Madison, WI 70.3% 73.0% 74.0% 1,058,292 72.3% 2.6% 1.3% 14 Little Rock, AR 69.3% 73.0% 73.6% 1,710,350 72.0% 3.0% 0.8% 15 Baton Rouge, LA 74.4% 75.8% 73.5% 621,753 74.7% -0.6% -3.1% 16 Milwaukee, WI 65.4% 70.9% 73.4% 4,850,607 69.8% 6.0% 3.6% 17 Lincoln, NE 70.2% 69.6% 73.4% 242,882 70.9% 2.2% 5.4% 18 Des Moines, IA 72.6% 72.6% 73.3% 1,301,660 72.9% 0.5% 1.0% 19 Rapid City, SD 70.5% 71.7% 73.1% 308,714 71.7% 1.9% 2.0% 20 Wausau, WI 68.2% 72.7% 73.0% 216,678 71.2% 3.5% 0.4% 21 Moline, IL 69.8% 71.6% 72.9% 643,300 71.4% 2.2% 1.8% 22 Springfield, MO 66.5% 71.7% 72.6% 590,533 70.3% 4.5% 1.2% 23 Appleton, WI 59.6% 65.8% 72.2% 397,865 65.3% 10.0% 9.7% 24 Lubbock, TX 68.4% 70.2% 72.0% 841,320 70.2% 2.6% 2.6% 25 Bloomington/Normal, IL 63.2% 70.5% 71.7% 357,277 68.5% 6.5% 1.7% 26 El Paso, TX 64.7% 65.8% 71.5% 2,704,241 67.3% 5.1% 8.7% 27 Cedar Rapids, IA 64.6% 71.6% 71.1% 732,128 69.1% 4.9% -0.7% 28 St. Louis, MO 67.5% 71.0% 71.0% 10,185,798 69.8% 2.6% 0.0% 29 Tulsa, OK 68.7% 69.4% 71.0% 2,267,226 69.7% 1.6% 2.3% 30 Lafayette, LA 73.5% 75.8% 70.3% 260,005 73.2% -2.1% -7.1% 31 Sioux Falls, SD 66.0% 69.3% 70.1% 530,464 68.5% 3.0% 1.1% 32 Chicago Midway, IL 65.2% 70.7% 69.7% 13,443,500 68.5% 3.4% -1.4% 33 Green Bay, WI 59.9% 63.0% 69.0% 639,973 63.8% 7.3% 9.6% 34 Corpus Christi, TX 68.4% 72.0% 68.2% 590,872 69.5% -0.1% -5.3% 35 Dallas Love Field, TX 62.0% 65.1% 68.0% 6,011,700 65.1% 4.7% 4.5% 36 Harlingen, TX 68.8% 68.4% 67.9% 615,691 68.4% -0.7% -0.7% 37 Fargo, ND 67.9% 69.5% 67.8% 448,051 68.4% -0.1% -2.4% 38 Amarillo, TX 62.1% 63.3% 66.4% 728,409 63.9% 3.4% 4.9% 39 Bismarck, ND 61.8% 67.3% 66.3% 273,853 65.1% 3.6% -1.4% 40 Wichita, KS 67.4% 70.2% 66.2% 1,075,607 67.9% -0.9% -5.6% 41 La Crosse, WI 59.3% 63.6% 65.8% 181,975 62.7% 5.4% 3.5% 42 Houston Hobby, TX 63.8% 66.4% 65.8% 7,108,861 65.3% 1.5% -1.0% 43 Shreveport, LA 64.2% 67.9% 65.7% 467,922 65.9% 1.1% -3.2% 44 Killeen/Fort Hood, TX 62.5% 65.2% 65.6% 276,084 64.6% 2.5% 0.6% 45 Midland/Odessa, TX 60.2% 64.2% 65.6% 782,937 63.4% 4.4% 2.2% 46 Duluth, MN 63.4% 64.1% 64.2% 239,609 63.9% 0.6% 0.2% 47 Fayetteville, AR 54.5% 59.9% 63.8% 867,764 59.2% 8.2% 6.5% 48 Alexandria, LA 68.8% 70.6% 60.9% 200,849 66.5% -5.9% -13.8% 49 Rochester, MN 53.1% 59.1% 60.2% 257,914 57.4% 6.5% 1.9% 50 Monroe, LA 67.1% 69.7% 57.4% 187,329 64.4% -7.6% -17.7%

Average Load Factor 70.9% 74.7% 75.2% 211,123,154 73.6% 3.0% 0.6%

source: US DOT Form 41 Schedule T-100

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Hector International Airport - Fargo, ND

page 38

Airport Traffic Quarterly

Top 50 Central Region Airports - Domestic Load FactorRanked by Twelve Months Ended June 2007

100% Sample - Departures Only - Scheduled and Charter Airlines

Page 40: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

PDEW Percent ofAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Chicago O'Hare, IL 13,792,050 14,256,780 14,491,020 39,701 15.3% 2.5% 1.6% 2 Dallas/Ft Worth, TX 10,202,320 10,609,730 10,840,590 29,700 11.4% 3.1% 2.2% 3 Minneapolis, MN 7,361,540 7,701,930 7,712,920 21,131 8.1% 2.4% 0.1% 4 Houston Intercontinental, TX 5,902,830 6,592,730 6,797,260 18,623 7.2% 7.3% 3.1% 5 Chicago Midway, IL 6,064,220 6,338,460 6,373,360 17,461 6.7% 2.5% 0.6% 6 St. Louis, MO 4,827,450 5,089,930 5,114,350 14,012 5.4% 2.9% 0.5% 7 Kansas City, MO 4,389,180 4,566,440 4,762,150 13,047 5.0% 4.2% 4.3% 8 Austin, TX 3,151,110 3,414,020 3,561,210 9,757 3.8% 6.3% 4.3% 9 San Antonio, TX 3,088,400 3,409,990 3,425,420 9,385 3.6% 5.3% 0.5% 10 New Orleans, LA 4,384,680 2,456,440 3,223,770 8,832 3.4% -14.3% 31.2% 11 Houston Hobby, TX 2,926,550 2,964,490 3,094,090 8,477 3.3% 2.8% 4.4% 12 Dallas Love Field, TX 2,238,320 2,406,630 2,819,170 7,724 3.0% 12.2% 17.1% 13 Milwaukee, WI 2,639,630 2,718,380 2,697,510 7,390 2.8% 1.1% -0.8% 14 Omaha, NE 1,835,200 1,925,990 1,936,100 5,304 2.0% 2.7% 0.5% 15 Oklahoma City, OK 1,513,930 1,605,320 1,574,960 4,315 1.7% 2.0% -1.9% 16 El Paso, TX 1,428,670 1,496,710 1,513,930 4,148 1.6% 2.9% 1.2% 17 Tulsa, OK 1,339,630 1,425,350 1,411,670 3,868 1.5% 2.7% -1.0% 18 Little Rock, AR 1,103,630 1,159,790 1,133,950 3,107 1.2% 1.4% -2.2% 19 Des Moines, IA 861,570 823,040 841,990 2,307 0.9% -1.1% 2.3% 20 Madison, WI 740,410 700,870 685,590 1,878 0.7% -3.8% -2.2% 21 Wichita, KS 660,700 628,950 646,330 1,771 0.7% -1.1% 2.8% 22 Lubbock, TX 511,930 533,140 541,370 1,483 0.6% 2.8% 1.5% 23 Fayetteville, AR 482,920 501,880 501,000 1,373 0.5% 1.9% -0.2% 24 Midland/Odessa, TX 411,290 444,980 468,860 1,285 0.5% 6.8% 5.4% 25 Cedar Rapids, IA 416,400 442,150 455,270 1,247 0.5% 4.6% 3.0% 26 Amarillo, TX 414,140 427,430 435,570 1,193 0.5% 2.6% 1.9% 27 Baton Rouge, LA 356,700 549,350 432,880 1,186 0.5% 10.2% -21.2% 28 Harlingen, TX 425,320 430,460 429,880 1,178 0.5% 0.5% -0.1% 29 Moline, IL 405,550 406,810 427,980 1,173 0.5% 2.7% 5.2% 30 Green Bay, WI 368,830 394,240 396,770 1,087 0.4% 3.7% 0.6% 31 Corpus Christi, TX 386,600 410,930 389,690 1,068 0.4% 0.4% -5.2% 32 Springfield, MO 354,030 396,180 384,590 1,054 0.4% 4.2% -2.9% 33 McAllen, TX 291,470 336,650 360,950 989 0.4% 11.3% 7.2% 34 Sioux Falls, SD 321,880 336,370 334,480 916 0.4% 1.9% -0.6% 35 Fargo, ND 249,370 269,580 279,670 766 0.3% 5.9% 3.7% 36 Shreveport, LA 282,670 288,070 271,680 744 0.3% -2.0% -5.7% 37 Appleton, WI 277,440 263,950 266,030 729 0.3% -2.1% 0.8% 38 Bloomington/Normal, IL 211,260 227,070 247,850 679 0.3% 8.3% 9.2% 39 Peoria, IL 218,670 224,960 229,570 629 0.2% 2.5% 2.0% 40 Rapid City, SD 229,370 222,510 208,050 570 0.2% -4.8% -6.5% 41 Lafayette, LA 142,430 170,340 178,550 489 0.2% 12.0% 4.8% 42 Bismarck, ND 161,680 173,050 172,680 473 0.2% 3.3% -0.2% 43 Killeen/Fort Hood, TX 117,940 154,870 172,160 472 0.2% 20.8% 11.2% 44 Lincoln, NE 184,530 178,140 160,520 440 0.2% -6.7% -9.9% 45 Wausau, WI 151,290 148,120 144,720 396 0.2% -2.2% -2.3% 46 Duluth, MN 141,260 129,270 142,750 391 0.2% 0.5% 10.4% 47 Rochester, MN 124,550 125,390 138,510 379 0.1% 5.5% 10.5% 48 Alexandria, LA 108,760 110,680 115,960 318 0.1% 3.3% 4.8% 49 La Crosse, WI 110,530 108,720 108,000 296 0.1% -1.2% -0.7% 50 Monroe, LA 102,980 101,000 102,770 282 0.1% -0.1% 1.8%

Top 50 Airports 88,413,810 90,798,260 93,156,100 255,222 98.1% 2.6% 2.6%

Total Regional Passengers 90,127,950 92,595,220 94,957,890 260,159 100.0% 2.6% 2.6%

source: US DOT Table DB1A

Airport Traffic Quarterly

Top 50 Central Region Airports - Domestic Origin and Destination PassengersRanked by Twelve Months Ended June 2007

page 39

Hector International Airport - Fargo, ND

Approximates 100% Sample - Outbound Passengers

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Page 41: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

RDEW Percent ofAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Chicago O'Hare, IL $1,853,212 $2,068,866 $2,092,058 $5,732 14.8% 6.2% 1.1% 2 Dallas/Ft Worth, TX $1,600,971 $1,826,334 $1,801,712 $4,936 12.8% 6.1% -1.3% 3 Minneapolis, MN $1,160,727 $1,243,900 $1,270,195 $3,480 9.0% 4.6% 2.1% 4 Houston Intercontinental, TX $943,791 $1,076,736 $1,115,573 $3,056 7.9% 8.7% 3.6% 5 St. Louis, MO $658,486 $718,101 $731,544 $2,004 5.2% 5.4% 1.9% 6 Chicago Midway, IL $566,203 $630,846 $642,489 $1,760 4.5% 6.5% 1.8% 7 Kansas City, MO $539,506 $605,218 $629,095 $1,724 4.5% 8.0% 3.9% 8 Austin, TX $439,876 $505,817 $542,642 $1,487 3.8% 11.1% 7.3% 9 San Antonio, TX $436,902 $494,166 $520,732 $1,427 3.7% 9.2% 5.4% 10 New Orleans, LA $540,532 $345,229 $464,009 $1,271 3.3% -7.3% 34.4% 11 Milwaukee, WI $354,048 $397,641 $407,138 $1,115 2.9% 7.2% 2.4% 12 Houston Hobby, TX $305,966 $329,362 $346,513 $949 2.5% 6.4% 5.2% 13 Omaha, NE $246,534 $272,529 $282,391 $774 2.0% 7.0% 3.6% 14 Dallas Love Field, TX $169,673 $199,096 $247,853 $679 1.8% 20.9% 24.5% 15 Oklahoma City, OK $211,164 $237,160 $243,213 $666 1.7% 7.3% 2.6% 16 El Paso, TX $187,351 $211,702 $225,780 $619 1.6% 9.8% 6.6% 17 Tulsa, OK $176,039 $199,954 $207,017 $567 1.5% 8.4% 3.5% 18 Little Rock, AR $148,906 $171,870 $173,332 $475 1.2% 7.9% 0.9% 19 Des Moines, IA $132,474 $145,056 $147,468 $404 1.0% 5.5% 1.7% 20 Madison, WI $107,904 $117,472 $119,651 $328 0.8% 5.3% 1.9% 21 Wichita, KS $99,642 $112,428 $116,374 $319 0.8% 8.1% 3.5% 22 Fayetteville, AR $88,894 $101,045 $106,384 $291 0.8% 9.4% 5.3% 23 Cedar Rapids, IA $67,139 $76,048 $80,438 $220 0.6% 9.5% 5.8% 24 Baton Rouge, LA $55,316 $108,143 $80,134 $220 0.6% 20.4% -25.9% 25 Springfield, MO $59,280 $71,135 $73,795 $202 0.5% 11.6% 3.7% 26 Green Bay, WI $57,420 $66,053 $68,702 $188 0.5% 9.4% 4.0% 27 Sioux Falls, SD $56,226 $64,186 $67,716 $186 0.5% 9.7% 5.5% 28 Lubbock, TX $54,549 $62,470 $64,677 $177 0.5% 8.9% 3.5% 29 McAllen, TX $50,083 $59,549 $64,531 $177 0.5% 13.5% 8.4% 30 Corpus Christi, TX $54,756 $64,046 $61,530 $169 0.4% 6.0% -3.9% 31 Moline, IL $53,943 $59,633 $61,202 $168 0.4% 6.5% 2.6% 32 Midland/Odessa, TX $44,790 $52,837 $58,306 $160 0.4% 14.1% 10.3% 33 Amarillo, TX $47,981 $54,441 $57,075 $156 0.4% 9.1% 4.8% 34 Shreveport, LA $51,148 $59,258 $56,636 $155 0.4% 5.2% -4.4% 35 Fargo, ND $45,118 $52,706 $56,585 $155 0.4% 12.0% 7.4% 36 Harlingen, TX $47,116 $51,285 $53,038 $145 0.4% 6.1% 3.4% 37 Appleton, WI $42,585 $46,987 $48,499 $133 0.3% 6.7% 3.2% 38 Rapid City, SD $39,643 $44,057 $45,352 $124 0.3% 7.0% 2.9% 39 Lafayette, LA $26,331 $36,727 $37,918 $104 0.3% 20.0% 3.2% 40 Peoria, IL $32,502 $36,899 $37,876 $104 0.3% 8.0% 2.6% 41 Bismarck, ND $28,249 $33,125 $34,845 $95 0.2% 11.1% 5.2% 42 Killeen/Fort Hood, TX $21,441 $31,223 $34,758 $95 0.2% 27.3% 11.3% 43 Bloomington/Normal, IL $26,966 $31,381 $33,361 $91 0.2% 11.2% 6.3% 44 Lincoln, NE $28,752 $29,591 $27,750 $76 0.2% -1.8% -6.2% 45 Duluth, MN $25,312 $24,962 $27,215 $75 0.2% 3.7% 9.0% 46 Wausau, WI $24,214 $26,629 $27,012 $74 0.2% 5.6% 1.4% 47 Alexandria, LA $21,502 $25,087 $25,526 $70 0.2% 9.0% 1.7% 48 Rochester, MN $23,326 $23,454 $24,235 $66 0.2% 1.9% 3.3% 49 La Crosse, WI $20,312 $21,324 $23,227 $64 0.2% 6.9% 8.9% 50 Monroe, LA $17,426 $19,801 $20,908 $57 0.1% 9.5% 5.6%

Top 50 Airports $12,092,227 $13,343,565 $13,786,011 $18,885 97.6% 6.8% 3.3%

Total Regional Revenue $12,402,481 $13,682,864 $14,129,483 $19,355 100.0% 6.7% 3.3%

source: US DOT Table DB1A

Airport Traffic Quarterly

Top 50 Central Region Airports - Domestic Origin and Destination RevenueRanked by Twelve Months Ended June 2007

page 40

Approximates 100% Sample - Outbound Revenue ($thousands)

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Hector International Airport - Fargo, ND

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Itinerary AverageAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 Mileage Yield 04-06 05-06

1 Rapid City, SD $184.06 $211.93 $236.98 1,187 19.96¢ 13.5% 11.8% 2 La Crosse, WI $199.27 $210.86 $229.26 1,154 19.86¢ 7.3% 8.7% 3 Alexandria, LA $203.23 $233.19 $227.95 1,121 20.34¢ 5.9% -2.2% 4 Fayetteville, AR $194.98 $213.03 $225.98 1,023 22.09¢ 7.7% 6.1% 5 Fargo, ND $199.87 $215.73 $225.41 1,193 18.90¢ 6.2% 4.5% 6 Lafayette, LA $192.32 $225.64 $223.00 1,089 20.48¢ 7.7% -1.2% 7 Shreveport, LA $191.29 $217.08 $221.59 1,060 20.91¢ 7.6% 2.1% 8 Bismarck, ND $190.43 $207.91 $220.62 1,165 18.93¢ 7.6% 6.1% 9 Sioux Falls, SD $186.86 $203.50 $216.29 1,126 19.21¢ 7.6% 6.3% 10 Monroe, LA $177.69 $205.04 $214.89 1,060 20.28¢ 10.0% 4.8% 11 Duluth, MN $198.00 $214.80 $208.74 1,170 17.84¢ 2.7% -2.8% 12 Killeen/Fort Hood, TX $186.42 $206.17 $208.55 1,127 18.51¢ 5.8% 1.2% 13 Springfield, MO $179.41 $192.41 $207.23 1,068 19.41¢ 7.5% 7.7% 14 Wausau, WI $170.33 $191.15 $198.68 1,114 17.84¢ 8.0% 3.9% 15 Appleton, WI $164.26 $190.53 $194.07 1,063 18.25¢ 8.7% 1.9% 16 Baton Rouge, LA $162.47 $204.06 $192.72 1,043 18.48¢ 8.9% -5.6% 17 Wichita, KS $157.20 $186.64 $189.01 1,079 17.52¢ 9.7% 1.3% 18 Rochester, MN $208.40 $203.40 $188.82 993 19.01¢ -4.8% -7.2% 19 Cedar Rapids, IA $174.00 $183.50 $188.23 1,114 16.89¢ 4.0% 2.6% 20 Madison, WI $155.32 $180.08 $186.85 1,075 17.38¢ 9.7% 3.8% 21 McAllen, TX $181.00 $184.29 $186.77 1,130 16.53¢ 1.6% 1.3% 22 Green Bay, WI $168.03 $179.82 $184.89 1,108 16.68¢ 4.9% 2.8% 23 Des Moines, IA $162.30 $186.35 $184.81 1,090 16.96¢ 6.7% -0.8% 24 Lincoln, NE $163.66 $175.49 $183.48 1,002 18.31¢ 5.9% 4.6% 25 Dallas/Ft Worth, TX $169.70 $184.68 $177.69 1,055 16.85¢ 2.3% -3.8% 26 Minneapolis, MN $169.34 $172.61 $175.87 1,072 16.41¢ 1.9% 1.9% 27 Houston Intercontinental, TX $172.33 $173.80 $174.17 1,090 15.98¢ 0.5% 0.2% 28 Peoria, IL $156.91 $172.33 $172.36 1,172 14.71¢ 4.8% 0.0% 29 Corpus Christi, TX $151.32 $165.38 $168.59 904 18.65¢ 5.6% 1.9% 30 Austin, TX $152.44 $160.34 $165.11 1,071 15.41¢ 4.1% 3.0% 31 Oklahoma City, OK $148.05 $156.44 $163.83 998 16.42¢ 5.2% 4.7% 32 San Antonio, TX $152.21 $154.65 $162.61 1,064 15.29¢ 3.4% 5.1% 33 Little Rock, AR $142.66 $155.93 $161.44 928 17.40¢ 6.4% 3.5% 34 Milwaukee, WI $142.02 $154.55 $158.74 1,031 15.39¢ 5.7% 2.7% 35 El Paso, TX $138.74 $148.98 $157.48 1,003 15.70¢ 6.5% 5.7% 36 Tulsa, OK $141.17 $149.38 $156.27 933 16.75¢ 5.2% 4.6% 37 Omaha, NE $141.34 $148.68 $153.43 1,039 14.77¢ 4.2% 3.2% 38 Chicago O'Hare, IL $143.34 $153.98 $152.92 1,009 15.16¢ 3.3% -0.7% 39 St. Louis, MO $145.33 $149.26 $151.47 899 16.85¢ 2.1% 1.5% 40 New Orleans, LA $131.10 $147.28 $150.97 993 15.20¢ 7.3% 2.5% 41 Moline, IL $138.19 $152.44 $149.71 1,062 14.10¢ 4.1% -1.8% 42 Amarillo, TX $124.75 $137.16 $140.86 752 18.74¢ 6.3% 2.7% 43 Bloomington/Normal, IL $132.36 $142.55 $140.47 973 14.44¢ 3.0% -1.5% 44 Kansas City, MO $129.64 $139.27 $138.74 948 14.63¢ 3.5% -0.4% 45 Midland/Odessa, TX $118.30 $128.58 $134.23 695 19.32¢ 6.5% 4.4% 46 Harlingen, TX $117.77 $126.41 $131.16 752 17.45¢ 5.5% 3.8% 47 Lubbock, TX $115.57 $126.99 $129.09 686 18.83¢ 5.7% 1.7% 48 Houston Hobby, TX $114.17 $120.13 $120.40 755 15.95¢ 2.7% 0.2% 49 Chicago Midway, IL $97.89 $104.58 $105.76 904 11.70¢ 3.9% 1.1% 50 Dallas Love Field, TX $81.67 $88.61 $94.10 452 20.82¢ 7.3% 6.2%

Average Regional Fare $147.06 $157.05 $158.00 989 15.98¢ 3.7% 0.6%

source: US DOT Table DB1A

Airport Traffic Quarterly

Top 50 Central Region Passenger Airports - Domestic FaresRanked by Twelve Months Ended June 2007

page 41

Approximates 100% Sample - Fared Average One-Way Fare

Avg. Ann. ChangeRank

Hector International Airport - Fargo, ND

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Itinerary AverageAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 Mileage Fare 04-06 05-06

1 Fayetteville, AR 19.22¢ 20.80¢ 22.09¢ 1,023 $225.98 7.2% 6.2% 2 Shreveport, LA 17.94¢ 20.11¢ 20.91¢ 1,060 $221.59 8.0% 4.0% 3 Dallas Love Field, TX 22.56¢ 23.77¢ 20.82¢ 452 $94.10 -3.9% -12.4% 4 Lafayette, LA 17.35¢ 20.33¢ 20.48¢ 1,089 $223.00 8.6% 0.7% 5 Alexandria, LA 17.59¢ 20.05¢ 20.34¢ 1,121 $227.95 7.5% 1.4% 6 Monroe, LA 16.68¢ 19.54¢ 20.28¢ 1,060 $214.89 10.3% 3.8% 7 Rapid City, SD 15.77¢ 17.85¢ 19.96¢ 1,187 $236.98 12.5% 11.8% 8 La Crosse, WI 17.52¢ 18.89¢ 19.86¢ 1,154 $229.26 6.5% 5.1% 9 Springfield, MO 16.90¢ 17.91¢ 19.41¢ 1,068 $207.23 7.2% 8.4% 10 Midland/Odessa, TX 17.02¢ 18.43¢ 19.32¢ 695 $134.23 6.5% 4.8% 11 Sioux Falls, SD 16.68¢ 18.07¢ 19.21¢ 1,126 $216.29 7.3% 6.3% 12 Rochester, MN 20.00¢ 19.89¢ 19.01¢ 993 $188.82 -2.5% -4.4% 13 Bismarck, ND 16.01¢ 17.56¢ 18.93¢ 1,165 $220.62 8.7% 7.8% 14 Fargo, ND 16.90¢ 18.11¢ 18.90¢ 1,193 $225.41 5.8% 4.4% 15 Lubbock, TX 16.55¢ 18.31¢ 18.83¢ 686 $129.09 6.7% 2.8% 16 Amarillo, TX 16.61¢ 18.15¢ 18.74¢ 752 $140.86 6.2% 3.3% 17 Corpus Christi, TX 16.74¢ 17.66¢ 18.65¢ 904 $168.59 5.6% 5.6% 18 Killeen/Fort Hood, TX 17.05¢ 18.01¢ 18.51¢ 1,127 $208.55 4.2% 2.8% 19 Baton Rouge, LA 15.72¢ 19.04¢ 18.48¢ 1,043 $192.72 8.4% -2.9% 20 Lincoln, NE 16.18¢ 18.16¢ 18.31¢ 1,002 $183.48 6.4% 0.8% 21 Appleton, WI 15.84¢ 18.32¢ 18.25¢ 1,063 $194.07 7.3% -0.4% 22 Duluth, MN 16.86¢ 18.39¢ 17.84¢ 1,170 $208.74 2.9% -3.0% 23 Wausau, WI 15.25¢ 17.25¢ 17.84¢ 1,114 $198.68 8.2% 3.4% 24 Wichita, KS 14.41¢ 17.33¢ 17.52¢ 1,079 $189.01 10.3% 1.1% 25 Harlingen, TX 15.85¢ 16.86¢ 17.45¢ 752 $131.16 4.9% 3.5% 26 Little Rock, AR 15.42¢ 16.73¢ 17.40¢ 928 $161.44 6.2% 4.0% 27 Madison, WI 14.04¢ 16.56¢ 17.38¢ 1,075 $186.85 11.3% 5.0% 28 Des Moines, IA 14.69¢ 17.19¢ 16.96¢ 1,090 $184.81 7.4% -1.3% 29 Cedar Rapids, IA 15.65¢ 16.45¢ 16.89¢ 1,114 $188.23 3.9% 2.7% 30 Dallas/Ft Worth, TX 16.00¢ 17.47¢ 16.85¢ 1,055 $177.69 2.6% -3.5% 31 St. Louis, MO 15.90¢ 16.57¢ 16.85¢ 899 $151.47 2.9% 1.7% 32 Tulsa, OK 15.19¢ 16.04¢ 16.75¢ 933 $156.27 5.0% 4.4% 33 Green Bay, WI 15.22¢ 16.19¢ 16.68¢ 1,108 $184.89 4.7% 3.0% 34 McAllen, TX 15.50¢ 16.15¢ 16.53¢ 1,130 $186.77 3.3% 2.4% 35 Oklahoma City, OK 14.87¢ 15.69¢ 16.42¢ 998 $163.83 5.1% 4.7% 36 Minneapolis, MN 15.64¢ 16.11¢ 16.41¢ 1,072 $175.87 2.4% 1.9% 37 Houston Intercontinental, TX 15.72¢ 15.88¢ 15.98¢ 1,090 $174.17 0.8% 0.6% 38 Houston Hobby, TX 15.73¢ 16.13¢ 15.95¢ 755 $120.40 0.7% -1.1% 39 El Paso, TX 13.98¢ 14.99¢ 15.70¢ 1,003 $157.48 6.0% 4.7% 40 Austin, TX 14.33¢ 14.96¢ 15.41¢ 1,071 $165.11 3.7% 3.0% 41 Milwaukee, WI 13.82¢ 15.15¢ 15.39¢ 1,031 $158.74 5.5% 1.6% 42 San Antonio, TX 14.30¢ 14.59¢ 15.29¢ 1,064 $162.61 3.4% 4.8% 43 New Orleans, LA 12.93¢ 14.58¢ 15.20¢ 993 $150.97 8.4% 4.3% 44 Chicago O'Hare, IL 14.16¢ 15.34¢ 15.16¢ 1,009 $152.92 3.5% -1.2% 45 Omaha, NE 13.43¢ 14.16¢ 14.77¢ 1,039 $153.43 4.9% 4.3% 46 Peoria, IL 13.81¢ 14.79¢ 14.71¢ 1,172 $172.36 3.2% -0.5% 47 Kansas City, MO 13.27¢ 14.45¢ 14.63¢ 948 $138.74 5.0% 1.2% 48 Bloomington/Normal, IL 13.55¢ 14.67¢ 14.44¢ 973 $140.47 3.2% -1.6% 49 Moline, IL 12.68¢ 14.17¢ 14.10¢ 1,062 $149.71 5.5% -0.5% 50 Chicago Midway, IL 10.47¢ 11.31¢ 11.70¢ 904 $105.76 5.7% 3.4%

Average Regional Yield 14.77¢ 15.84¢ 15.98¢ 989 $158.00 4.0% 0.9%

source: US DOT Table DB1A

Airport Traffic Quarterly

Top 50 Central Region Passenger Airports - Domestic YieldRanked by Twelve Months Ended June 2007

page 42

Approximates 100% Sample - Fared Average Fare Per Passenger Mile

Avg. Ann. ChangeRank

Hector International Airport - Fargo, ND

Page 44: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

FAR FAR

PDEW Percent ofAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Las Vegas, NV 15,610,740 16,389,570 16,607,050 45,499 3.6% 3.1% 1.3% 2 Los Angeles, CA 15,703,420 15,542,570 15,619,080 42,792 3.3% -0.3% 0.5% 3 Chicago O'Hare, IL 13,792,050 14,256,780 14,491,020 39,701 3.1% 2.5% 1.6% 4 Orlando, FL 13,532,390 14,145,860 14,217,560 38,952 3.0% 2.5% 0.5% 5 Atlanta, GA 12,932,680 13,149,170 13,237,690 36,268 2.8% 1.2% 0.7% 6 Phoenix, AZ 11,409,940 11,877,850 12,091,190 33,127 2.6% 2.9% 1.8% 7 Denver, CO 10,034,770 10,740,050 11,599,450 31,779 2.5% 7.5% 8.0% 8 New York La Guardia, NY 11,087,340 11,129,380 10,852,170 29,732 2.3% -1.1% -2.5% 9 Dallas/Ft Worth, TX 10,202,320 10,609,730 10,840,590 29,700 2.3% 3.1% 2.2% 10 Boston, MA 9,820,740 10,149,970 10,413,380 28,530 2.2% 3.0% 2.6% 11 Seattle/Tacoma, WA 9,593,390 9,945,220 10,026,500 27,470 2.1% 2.2% 0.8% 12 New York Newark, NJ 8,758,890 9,558,940 9,794,190 26,833 2.1% 5.7% 2.5% 13 New York J F Kennedy, NY 8,651,530 8,662,320 8,927,870 24,460 1.9% 1.6% 3.1% 14 Philadelphia, PA 8,542,640 8,781,550 8,731,650 23,922 1.9% 1.1% -0.6% 15 Fort Lauderdale, FL 9,128,370 8,828,890 8,654,240 23,710 1.9% -2.6% -2.0% 16 San Francisco, CA 8,129,100 8,229,160 8,395,160 23,000 1.8% 1.6% 2.0% 17 Tampa, FL 7,959,330 8,164,710 8,105,980 22,208 1.7% 0.9% -0.7% 18 Baltimore, MD 7,515,310 7,812,320 7,897,710 21,638 1.7% 2.5% 1.1% 19 San Diego, CA 7,532,760 7,752,420 7,869,010 21,559 1.7% 2.2% 1.5% 20 Detroit, MI 7,231,370 7,406,670 7,853,850 21,517 1.7% 4.2% 6.0% 21 Minneapolis, MN 7,361,540 7,701,930 7,712,920 21,131 1.6% 2.4% 0.1% 22 Washington National, DC 6,519,710 7,001,870 6,860,240 18,795 1.5% 2.6% -2.0% 23 Houston Intercontinental, TX 5,902,830 6,592,730 6,797,260 18,623 1.5% 7.3% 3.1% 24 Oakland, CA 6,483,820 6,512,580 6,561,030 17,975 1.4% 0.6% 0.7% 25 Honolulu, HI 5,666,340 5,780,300 6,406,720 17,553 1.4% 6.3% 10.8% 26 Chicago Midway, IL 6,064,220 6,338,460 6,373,360 17,461 1.4% 2.5% 0.6% 27 Portland, OR 5,193,660 5,418,750 5,500,430 15,070 1.2% 2.9% 1.5% 28 Washington Dulles, DC 6,756,730 5,963,860 5,297,000 14,512 1.1% -11.5% -11.2% 29 St. Louis, MO 4,827,450 5,089,930 5,114,350 14,012 1.1% 2.9% 0.5% 30 Salt Lake City, UT 5,107,920 5,114,930 5,094,680 13,958 1.1% -0.1% -0.4% 31 Sacramento, CA 4,636,030 4,740,360 4,863,440 13,324 1.0% 2.4% 2.6% 32 San Jose, CA 4,697,390 4,799,240 4,765,340 13,056 1.0% 0.7% -0.7% 33 Kansas City, MO 4,389,180 4,566,440 4,762,150 13,047 1.0% 4.2% 4.3% 34 Orange County, CA 4,563,100 4,579,420 4,689,030 12,847 1.0% 1.4% 2.4% 35 Miami, FL 4,347,360 4,694,190 4,563,140 12,502 1.0% 2.5% -2.8% 36 Charlotte, NC 3,136,830 3,699,420 4,351,620 11,922 0.9% 17.8% 17.6% 37 Raleigh/Durham, NC 4,003,410 4,132,550 4,203,470 11,516 0.9% 2.5% 1.7% 38 Nashville, TN 3,557,260 3,752,180 3,973,100 10,885 0.8% 5.7% 5.9% 39 Pittsburgh, PA 3,388,820 3,641,360 3,882,550 10,637 0.8% 7.0% 6.6% 40 Fort Myers, FL 3,269,730 3,568,910 3,699,280 10,135 0.8% 6.4% 3.7% 41 Cleveland, OH 3,583,730 3,768,940 3,625,710 9,933 0.8% 0.6% -3.8% 42 Indianapolis, IN 3,673,560 3,629,600 3,574,200 9,792 0.8% -1.4% -1.5% 43 Austin, TX 3,151,110 3,414,020 3,561,210 9,757 0.8% 6.3% 4.3% 44 San Antonio, TX 3,088,400 3,409,990 3,425,420 9,385 0.7% 5.3% 0.5% 45 West Palm Beach, FL 3,292,710 3,310,580 3,269,220 8,957 0.7% -0.4% -1.2% 46 New Orleans, LA 4,384,680 2,456,440 3,223,770 8,832 0.7% -14.3% 31.2% 47 Ontario, CA 3,151,100 3,271,250 3,197,610 8,761 0.7% 0.7% -2.3% 48 Columbus, OH 2,911,550 2,993,320 3,191,790 8,745 0.7% 4.7% 6.6% 49 Houston Hobby, TX 2,926,550 2,964,490 3,094,090 8,477 0.7% 2.8% 4.4% 50 Hartford, CT 3,282,810 3,353,510 3,069,450 8,409 0.7% -3.3% -8.5%

source: US DOT Table DB1AHector International Airport - Fargo, ND

page 43

Airport Traffic Quarterly

Top 150 Domestic US O&D Passenger Airports - Fargo is Ranked 142ndRanked by Twelve Months Ended June 2007

Approximates 100% Sample - Outbound Passengers

Avg. Ann. ChangeRank

continued on page 44

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PDEW Percent ofAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

51 San Juan, PR 3,201,040 3,226,000 3,062,010 8,389 0.7% -2.2% -5.1% 52 Jacksonville, FL 2,573,800 2,726,830 2,850,580 7,810 0.6% 5.2% 4.5% 53 Burbank, CA 2,511,910 2,786,110 2,831,490 7,758 0.6% 6.2% 1.6% 54 Dallas Love Field, TX 2,238,320 2,406,630 2,819,170 7,724 0.6% 12.2% 17.1% 55 Albuquerque, NM 2,652,380 2,761,410 2,701,470 7,401 0.6% 0.9% -2.2% 56 Milwaukee, WI 2,639,630 2,718,380 2,697,510 7,390 0.6% 1.1% -0.8% 57 Kahului, HI 2,300,940 2,409,630 2,599,060 7,121 0.6% 6.3% 7.9% 58 Providence, RI 2,724,380 2,653,960 2,403,630 6,585 0.5% -6.1% -9.4% 59 Buffalo, NY 2,146,130 2,298,080 2,402,540 6,582 0.5% 5.8% 4.5% 60 Reno, NV 2,230,370 2,283,140 2,214,560 6,067 0.5% -0.4% -3.0% 61 Memphis, TN 1,959,300 2,077,480 2,130,550 5,837 0.5% 4.3% 2.6% 62 Cincinnati, OH 2,646,610 2,422,030 2,113,140 5,789 0.5% -10.6% -12.8% 63 Omaha, NE 1,835,200 1,925,990 1,936,100 5,304 0.4% 2.7% 0.5% 64 Tucson, AZ 1,784,880 1,926,220 1,931,650 5,292 0.4% 4.0% 0.3% 65 Manchester, NH 2,034,270 2,024,720 1,830,830 5,016 0.4% -5.1% -9.6% 66 Norfolk, VA 1,815,930 1,748,970 1,683,100 4,611 0.4% -3.7% -3.8% 67 Louisville, KY 1,614,910 1,718,770 1,668,000 4,570 0.4% 1.6% -3.0% 68 Anchorage, AK 1,601,930 1,636,660 1,661,020 4,551 0.4% 1.8% 1.5% 69 Oklahoma City, OK 1,513,930 1,605,320 1,574,960 4,315 0.3% 2.0% -1.9% 70 Richmond, VA 1,190,010 1,422,380 1,560,760 4,276 0.3% 14.5% 9.7% 71 Spokane, WA 1,433,920 1,501,740 1,536,560 4,210 0.3% 3.5% 2.3% 72 El Paso, TX 1,428,670 1,496,710 1,513,930 4,148 0.3% 2.9% 1.2% 73 Boise, ID 1,345,040 1,446,370 1,473,350 4,037 0.3% 4.7% 1.9% 74 Birmingham, AL 1,393,060 1,452,600 1,430,330 3,919 0.3% 1.3% -1.5% 75 Tulsa, OK 1,339,630 1,425,350 1,411,670 3,868 0.3% 2.7% -1.0% 76 Kauai Island, HI 1,145,620 1,193,860 1,348,780 3,695 0.3% 8.5% 13.0% 77 Albany, NY 1,462,980 1,429,600 1,347,950 3,693 0.3% -4.0% -5.7% 78 Kona, HI 1,140,110 1,212,480 1,322,660 3,624 0.3% 7.7% 9.1% 79 Long Beach, CA 1,435,360 1,369,760 1,311,510 3,593 0.3% -4.4% -4.3% 80 Rochester, NY 1,330,660 1,324,810 1,296,560 3,552 0.3% -1.3% -2.1% 81 Dayton, OH 1,222,430 1,170,800 1,252,290 3,431 0.3% 1.2% 7.0% 82 Little Rock, AR 1,103,630 1,159,790 1,133,950 3,107 0.2% 1.4% -2.2% 83 Long Island, NY 1,005,550 1,108,260 1,131,760 3,101 0.2% 6.1% 2.1% 84 Syracuse, NY 1,092,430 1,085,690 1,074,150 2,943 0.2% -0.8% -1.1% 85 Greensboro, NC 1,223,740 1,049,120 908,310 2,489 0.2% -13.8% -13.4% 86 Colorado Springs, CO 946,330 948,370 898,650 2,462 0.2% -2.6% -5.2% 87 Charleston, SC 942,300 909,490 888,490 2,434 0.2% -2.9% -2.3% 88 Savannah, GA 951,990 908,310 874,880 2,397 0.2% -4.1% -3.7% 89 Grand Rapids, MI 965,590 883,160 871,160 2,387 0.2% -5.0% -1.4% 90 Des Moines, IA 861,570 823,040 841,990 2,307 0.2% -1.1% 2.3% 91 Hilo, HI 597,290 608,110 754,870 2,068 0.2% 12.4% 24.1% 92 Pensacola, FL 712,190 747,290 754,220 2,066 0.2% 2.9% 0.9% 93 Portland, ME 719,820 658,540 741,590 2,032 0.2% 1.5% 12.6% 94 Knoxville, TN 772,980 756,380 733,490 2,010 0.2% -2.6% -3.0% 95 Sarasota/Bradenton, FL 590,200 650,760 725,660 1,988 0.2% 10.9% 11.5% 96 Myrtle Beach, SC 658,280 634,630 696,200 1,907 0.1% 2.8% 9.7% 97 Madison, WI 740,410 700,870 685,590 1,878 0.1% -3.8% -2.2% 98 Palm Springs, CA 623,320 651,580 677,090 1,855 0.1% 4.2% 3.9% 99 Jackson, MS 620,790 714,670 662,300 1,815 0.1% 3.3% -7.3% 100 White Plains, NY 479,060 427,550 654,030 1,792 0.1% 16.8% 53.0%

source: US DOT Table DB1A

Airport Traffic Quarterly

Top 150 Domestic US O&D Passenger Airports - Fargo is Ranked 142ndRanked by Twelve Months Ended June 2007

Approximates 100% Sample - Outbound Passengers

page 44

Avg. Ann. ChangeRank

continued on page 45

Hector International Airport - Fargo, ND

Page 46: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

PDEW Percent ofAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

101 Akron/Canton, OH 655,560 695,160 653,510 1,790 0.1% -0.2% -6.0% 102 Greenville/Spartanburg, SC 780,260 721,020 651,470 1,785 0.1% -8.6% -9.6% 103 Wichita, KS 660,700 628,950 646,330 1,771 0.1% -1.1% 2.8% 104 Burlington, VT 639,140 655,790 640,310 1,754 0.1% 0.1% -2.4% 105 Columbia, SC 651,540 618,780 568,730 1,558 0.1% -6.6% -8.1% 106 Harrisburg, PA 604,290 540,460 552,250 1,513 0.1% -4.4% 2.2% 107 Lubbock, TX 511,930 533,140 541,370 1,483 0.1% 2.8% 1.5% 108 Fresno, CA 484,620 525,550 534,060 1,463 0.1% 5.0% 1.6% 109 St. Thomas, VI 521,760 536,810 525,870 1,441 0.1% 0.4% -2.0% 110 Huntsville, AL 559,940 530,370 506,170 1,387 0.1% -4.9% -4.6% 111 Fayetteville, AR 482,920 501,880 501,000 1,373 0.1% 1.9% -0.2% 112 Flint, MI 563,460 532,890 491,750 1,347 0.1% -6.6% -7.7% 113 Newport News, VA 468,990 493,350 489,190 1,340 0.1% 2.1% -0.8% 114 Midland/Odessa, TX 411,290 444,980 468,860 1,285 0.1% 6.8% 5.4% 115 Cedar Rapids, IA 416,400 442,150 455,270 1,247 0.1% 4.6% 3.0% 116 Amarillo, TX 414,140 427,430 435,570 1,193 0.1% 2.6% 1.9% 117 Baton Rouge, LA 356,700 549,350 432,880 1,186 0.1% 10.2% -21.2% 118 Tallahassee, FL 529,660 475,760 431,140 1,181 0.1% -9.8% -9.4% 119 Harlingen, TX 425,320 430,460 429,880 1,178 0.1% 0.5% -0.1% 120 Lexington, KY 475,400 443,200 429,480 1,177 0.1% -5.0% -3.1% 121 Moline, IL 405,550 406,810 427,980 1,173 0.1% 2.7% 5.2% 122 Atlantic City, NJ 418,110 343,160 425,150 1,165 0.1% 0.8% 23.9% 123 Green Bay, WI 368,830 394,240 396,770 1,087 0.1% 3.7% 0.6% 124 Corpus Christi, TX 386,600 410,930 389,690 1,068 0.1% 0.4% -5.2% 125 Gulfport, MS 395,110 330,820 388,670 1,065 0.1% -0.8% 17.5% 126 Billings, MT 377,040 382,310 387,130 1,061 0.1% 1.3% 1.3% 127 Fairbanks, AK 368,560 370,840 385,930 1,057 0.1% 2.3% 4.1% 128 Springfield, MO 354,030 396,180 384,590 1,054 0.1% 4.2% -2.9% 129 Allentown/Bethlehem, PA 355,830 337,630 384,450 1,053 0.1% 3.9% 13.9% 130 Santa Barbara, CA 392,960 393,510 379,170 1,039 0.1% -1.8% -3.6% 131 McAllen, TX 291,470 336,650 360,950 989 0.1% 11.3% 7.2% 132 South Bend, IN 348,260 338,500 353,600 969 0.1% 0.8% 4.5% 133 Fort Walton Beach, FL 363,970 349,420 337,920 926 0.1% -3.6% -3.3% 134 Sanford, FL 36,870 213,960 336,510 922 0.1% 202.1% 57.3% 135 Sioux Falls, SD 321,880 336,370 334,480 916 0.1% 1.9% -0.6% 136 Eugene, OR 322,250 318,890 325,060 891 0.1% 0.4% 1.9% 137 Wilmington, NC 298,460 290,520 307,910 844 0.1% 1.6% 6.0% 138 Bozeman, MT 302,150 310,320 304,860 835 0.1% 0.4% -1.8% 139 Daytona Beach, FL 291,870 259,100 299,840 821 0.1% 1.4% 15.7% 140 Newburgh, NY 197,530 169,250 297,830 816 0.1% 22.8% 76.0% 141 Roanoke, VA 278,360 280,540 294,050 806 0.1% 2.8% 4.8% 142 Fargo, ND 249,370 269,580 279,670 766 0.1% 5.9% 3.7% 143 Medford, OR 249,610 265,030 277,810 761 0.1% 5.5% 4.8% 144 Shreveport, LA 282,670 288,070 271,680 744 0.1% -2.0% -5.7% 145 St. Petersburg/Clearwater, FL 268,110 159,960 271,660 744 0.1% 0.7% 69.8% 146 Appleton, WI 277,440 263,950 266,030 729 0.1% -2.1% 0.8% 147 Missoula, MT 257,350 255,360 264,620 725 0.1% 1.4% 3.6% 148 Key West, FL 299,210 291,010 262,630 720 0.1% -6.3% -9.8% 149 Mobile, AL 289,880 283,740 260,030 712 0.1% -5.3% -8.4% 150 Asheville, NC 270,340 272,900 256,330 702 0.1% -2.6% -6.1%

Top 150 Airports 442,821,000 453,600,880 459,691,880 1,259,430 98.3% 1.9% 1.3%

Total Domestic Passengers 450,204,970 461,292,000 467,478,310 1,280,762 100.0% 1.9% 1.3%

source: US DOT Table DB1A

page 45

Hector International Airport - Fargo, ND

Airport Traffic Quarterly

Top 150 Domestic US O&D Passenger Airports - Fargo is Ranked 142ndRanked by Twelve Months Ended June 2007

Approximates 100% Sample - Outbound Passengers

Avg. Ann. ChangeRank

Page 47: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

FAR FAR

RDEW Percent ofAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

1 Los Angeles, CA $2,226,292 $2,473,766 $2,577,533 $7,062 3.7% 7.6% 4.2% 2 Las Vegas, NV $1,729,970 $2,051,285 $2,142,246 $5,869 3.1% 11.3% 4.4% 3 Chicago O'Hare, IL $1,853,212 $2,068,866 $2,092,058 $5,732 3.0% 6.2% 1.1% 4 Atlanta, GA $1,688,120 $1,998,488 $2,087,051 $5,718 3.0% 11.2% 4.4% 5 Dallas/Ft Worth, TX $1,600,971 $1,826,334 $1,801,712 $4,936 2.6% 6.1% -1.3% 6 Orlando, FL $1,488,876 $1,682,698 $1,746,749 $4,786 2.5% 8.3% 3.8% 7 New York Newark, NJ $1,455,550 $1,638,158 $1,646,750 $4,512 2.4% 6.4% 0.5% 8 Boston, MA $1,347,491 $1,543,296 $1,624,739 $4,451 2.4% 9.8% 5.3% 9 San Francisco, CA $1,363,598 $1,543,164 $1,615,620 $4,426 2.3% 8.8% 4.7% 10 Denver, CO $1,402,955 $1,573,686 $1,611,732 $4,416 2.3% 7.2% 2.4% 11 Seattle/Tacoma, WA $1,337,655 $1,523,334 $1,604,701 $4,396 2.3% 9.5% 5.3% 12 Phoenix, AZ $1,312,875 $1,543,950 $1,596,990 $4,375 2.3% 10.3% 3.4% 13 New York La Guardia, NY $1,465,119 $1,615,424 $1,556,979 $4,266 2.3% 3.1% -3.6% 14 New York J F Kennedy, NY $1,178,065 $1,337,784 $1,478,824 $4,052 2.1% 12.0% 10.5% 15 Minneapolis, MN $1,160,727 $1,243,900 $1,270,195 $3,480 1.8% 4.6% 2.1% 16 Philadelphia, PA $1,077,087 $1,239,246 $1,232,586 $3,377 1.8% 7.0% -0.5% 17 San Diego, CA $973,925 $1,097,297 $1,139,094 $3,121 1.7% 8.1% 3.8% 18 Washington National, DC $920,862 $1,083,939 $1,116,706 $3,059 1.6% 10.1% 3.0% 19 Houston Intercontinental, TX $943,791 $1,076,736 $1,115,573 $3,056 1.6% 8.7% 3.6% 20 Detroit, MI $981,267 $1,091,122 $1,088,758 $2,983 1.6% 5.3% -0.2% 21 Fort Lauderdale, FL $981,521 $1,046,488 $1,079,578 $2,958 1.6% 4.9% 3.2% 22 Tampa, FL $856,134 $981,295 $986,158 $2,702 1.4% 7.3% 0.5% 23 Honolulu, HI $891,556 $971,731 $974,372 $2,670 1.4% 4.5% 0.3% 24 Baltimore, MD $838,530 $928,314 $952,609 $2,610 1.4% 6.6% 2.6% 25 Washington Dulles, DC $936,201 $933,094 $896,112 $2,455 1.3% -2.2% -4.0% 26 Portland, OR $684,044 $772,839 $812,767 $2,227 1.2% 9.0% 5.2% 27 Oakland, CA $675,612 $758,113 $779,167 $2,135 1.1% 7.4% 2.8% 28 Salt Lake City, UT $641,450 $721,416 $770,064 $2,110 1.1% 9.6% 6.7% 29 St. Louis, MO $658,486 $718,101 $731,544 $2,004 1.1% 5.4% 1.9% 30 Miami, FL $599,747 $676,873 $692,968 $1,899 1.0% 7.5% 2.4% 31 Charlotte, NC $524,007 $622,939 $691,052 $1,893 1.0% 14.8% 10.9% 32 Orange County, CA $584,297 $658,071 $665,632 $1,824 1.0% 6.7% 1.1% 33 Chicago Midway, IL $566,203 $630,846 $642,489 $1,760 0.9% 6.5% 1.8% 34 San Jose, CA $548,111 $624,710 $629,389 $1,724 0.9% 7.2% 0.7% 35 Kansas City, MO $539,506 $605,218 $629,095 $1,724 0.9% 8.0% 3.9% 36 Sacramento, CA $525,762 $600,087 $620,217 $1,699 0.9% 8.6% 3.4% 37 Raleigh/Durham, NC $465,637 $559,155 $571,286 $1,565 0.8% 10.8% 2.2% 38 Austin, TX $439,876 $505,817 $542,642 $1,487 0.8% 11.1% 7.3% 39 Cleveland, OH $490,352 $527,436 $538,250 $1,475 0.8% 4.8% 2.1% 40 Nashville, TN $435,090 $500,080 $525,813 $1,441 0.8% 9.9% 5.1% 41 San Antonio, TX $436,902 $494,166 $520,732 $1,427 0.8% 9.2% 5.4% 42 Pittsburgh, PA $484,890 $522,928 $507,253 $1,390 0.7% 2.3% -3.0% 43 San Juan, PR $491,947 $521,553 $505,705 $1,385 0.7% 1.4% -3.0% 44 Indianapolis, IN $438,875 $490,609 $503,386 $1,379 0.7% 7.1% 2.6% 45 Hartford, CT $425,077 $475,612 $483,919 $1,326 0.7% 6.7% 1.7% 46 Fort Myers, FL $379,771 $453,681 $472,855 $1,295 0.7% 11.6% 4.2% 47 New Orleans, LA $540,532 $345,229 $464,009 $1,271 0.7% -7.3% 34.4% 48 Cincinnati, OH $401,165 $471,175 $461,137 $1,263 0.7% 7.2% -2.1% 49 Columbus, OH $384,619 $432,086 $439,568 $1,204 0.6% 6.9% 1.7% 50 West Palm Beach, FL $371,527 $406,000 $423,000 $1,159 0.6% 6.7% 4.2%

source: US DOT Table DB1AHector International Airport - Fargo, ND

page 46

Airport Traffic Quarterly

Top 150 Domestic US O&D Revenue Airports - Fargo is Ranked 135thRanked by Twelve Months Ended June 2007

Approximates 100% Sample - Outbound Revenue ($thousands)

Avg. Ann. ChangeRank

continued on page 47

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0

RDEW Percent ofAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

51 Ontario, CA $351,303 $407,044 $414,601 $1,136 0.6% 8.6% 1.9% 52 Milwaukee, WI $354,048 $397,641 $407,138 $1,115 0.6% 7.2% 2.4% 53 Kahului, HI $368,942 $406,771 $398,401 $1,092 0.6% 3.9% -2.1% 54 Albuquerque, NM $329,347 $373,317 $385,776 $1,057 0.6% 8.2% 3.3% 55 Jacksonville, FL $311,289 $365,253 $381,191 $1,044 0.6% 10.7% 4.4% 56 Memphis, TN $323,756 $365,724 $374,245 $1,025 0.5% 7.5% 2.3% 57 Anchorage, AK $286,666 $315,153 $349,266 $957 0.5% 10.4% 10.8% 58 Houston Hobby, TX $305,966 $329,362 $346,513 $949 0.5% 6.4% 5.2% 59 Providence, RI $306,150 $329,194 $325,220 $891 0.5% 3.1% -1.2% 60 Burbank, CA $238,789 $311,465 $324,254 $888 0.5% 16.5% 4.1% 61 Buffalo, NY $235,897 $270,736 $284,094 $778 0.4% 9.7% 4.9% 62 Tucson, AZ $234,199 $274,265 $283,988 $778 0.4% 10.1% 3.5% 63 Omaha, NE $246,534 $272,529 $282,391 $774 0.4% 7.0% 3.6% 64 Reno, NV $238,772 $274,582 $281,587 $771 0.4% 8.6% 2.6% 65 Norfolk, VA $246,082 $271,429 $273,927 $750 0.4% 5.5% 0.9% 66 Dallas Love Field, TX $169,673 $199,096 $247,853 $679 0.4% 20.9% 24.5% 67 Louisville, KY $208,074 $241,425 $244,659 $670 0.4% 8.4% 1.3% 68 Richmond, VA $203,527 $238,676 $244,524 $670 0.4% 9.6% 2.4% 69 Manchester, NH $230,349 $249,013 $243,424 $667 0.4% 2.8% -2.2% 70 Oklahoma City, OK $211,164 $237,160 $243,213 $666 0.4% 7.3% 2.6% 71 El Paso, TX $187,351 $211,702 $225,780 $619 0.3% 9.8% 6.6% 72 Birmingham, AL $188,799 $217,212 $220,779 $605 0.3% 8.1% 1.6% 73 Tulsa, OK $176,039 $199,954 $207,017 $567 0.3% 8.4% 3.5% 74 Spokane, WA $165,231 $191,000 $205,185 $562 0.3% 11.4% 7.4% 75 Albany, NY $188,431 $201,806 $203,500 $558 0.3% 3.9% 0.8% 76 Boise, ID $156,618 $183,699 $196,345 $538 0.3% 12.0% 6.9% 77 Kona, HI $180,516 $197,285 $186,721 $512 0.3% 1.7% -5.4% 78 Dayton, OH $154,617 $172,653 $184,649 $506 0.3% 9.3% 6.9% 79 Kauai Island, HI $164,798 $179,564 $177,166 $485 0.3% 3.7% -1.3% 80 Rochester, NY $162,001 $178,992 $175,450 $481 0.3% 4.1% -2.0% 81 Little Rock, AR $148,906 $171,870 $173,332 $475 0.3% 7.9% 0.9% 82 Long Beach, CA $165,720 $173,690 $171,155 $469 0.2% 1.6% -1.5% 83 Charleston, SC $140,997 $163,799 $170,010 $466 0.2% 9.8% 3.8% 84 Syracuse, NY $149,971 $167,766 $169,636 $465 0.2% 6.4% 1.1% 85 Greensboro, NC $167,905 $172,539 $154,400 $423 0.2% -4.1% -10.5% 86 Grand Rapids, MI $137,484 $150,855 $150,681 $413 0.2% 4.7% -0.1% 87 Colorado Springs, CO $148,755 $160,173 $150,639 $413 0.2% 0.6% -6.0% 88 Des Moines, IA $132,474 $145,056 $147,468 $404 0.2% 5.5% 1.7% 89 Savannah, GA $123,281 $141,783 $142,016 $389 0.2% 7.3% 0.2% 90 Knoxville, TN $116,452 $134,134 $136,754 $375 0.2% 8.4% 2.0% 91 Greenville/Spartanburg, SC $121,195 $129,202 $124,428 $341 0.2% 1.3% -3.7% 92 Portland, ME $105,301 $112,810 $123,756 $339 0.2% 8.4% 9.7% 93 Pensacola, FL $100,613 $122,288 $122,208 $335 0.2% 10.2% -0.1% 94 Madison, WI $107,904 $117,472 $119,651 $328 0.2% 5.3% 1.9% 95 Palm Springs, CA $93,141 $109,806 $116,387 $319 0.2% 11.8% 6.0% 96 Wichita, KS $99,642 $112,428 $116,374 $319 0.2% 8.1% 3.5% 97 Long Island, NY $98,066 $112,355 $115,419 $316 0.2% 8.5% 2.7% 98 Columbia, SC $102,378 $114,039 $114,373 $313 0.2% 5.7% 0.3% 99 Huntsville, AL $95,584 $106,963 $109,124 $299 0.2% 6.8% 2.0% 100 Jackson, MS $89,302 $117,399 $108,522 $297 0.2% 10.2% -7.6%

source: US DOT Table DB1A

Airport Traffic Quarterly

Top 150 Domestic US O&D Revenue Airports - Fargo is Ranked 135thRanked by Twelve Months Ended June 2007

Approximates 100% Sample - Outbound Revenue ($thousands)

page 47

Avg. Ann. ChangeRank

continued on page 48

Hector International Airport - Fargo, ND

Page 49: Hector International Airport · Hector International Airport - Fargo, ND Table of Contents Nebraska, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. page 2 Ranked by Twelve

RDEW Percent ofAirport YE 2Q 2005 YE 2Q 2006 YE 2Q 2007 YE 2Q 2007 YE 2Q 2007 04-06 05-06

101 Harrisburg, PA $100,802 $107,815 $106,486 $292 0.2% 2.8% -1.2% 102 St. Thomas, VI $93,217 $101,469 $106,429 $292 0.2% 6.9% 4.9% 103 Fayetteville, AR $88,894 $101,045 $106,384 $291 0.2% 9.4% 5.3% 104 Burlington, VT $85,959 $97,952 $101,913 $279 0.1% 8.9% 4.0% 105 Fresno, CA $77,168 $92,852 $97,685 $268 0.1% 12.5% 5.2% 106 White Plains, NY $75,874 $74,340 $96,480 $264 0.1% 12.8% 29.8% 107 Sarasota/Bradenton, FL $73,468 $87,865 $95,748 $262 0.1% 14.2% 9.0% 108 Myrtle Beach, SC $75,847 $88,259 $93,598 $256 0.1% 11.1% 6.0% 109 Fairbanks, AK $72,743 $76,502 $84,150 $231 0.1% 7.6% 10.0% 110 Akron/Canton, OH $75,428 $86,991 $81,282 $223 0.1% 3.8% -6.6% 111 Cedar Rapids, IA $67,139 $76,048 $80,438 $220 0.1% 9.5% 5.8% 112 Baton Rouge, LA $55,316 $108,143 $80,134 $220 0.1% 20.4% -25.9% 113 Lexington, KY $73,481 $79,471 $79,585 $218 0.1% 4.1% 0.1% 114 Springfield, MO $59,280 $71,135 $73,795 $202 0.1% 11.6% 3.7% 115 Tallahassee, FL $70,918 $74,964 $73,161 $200 0.1% 1.6% -2.4% 116 Santa Barbara, CA $61,738 $69,665 $71,597 $196 0.1% 7.7% 2.8% 117 Billings, MT $57,360 $67,600 $71,565 $196 0.1% 11.7% 5.9% 118 Fort Walton Beach, FL $60,590 $69,458 $71,341 $195 0.1% 8.5% 2.7% 119 Green Bay, WI $57,420 $66,053 $68,702 $188 0.1% 9.4% 4.0% 120 Sioux Falls, SD $56,226 $64,186 $67,716 $186 0.1% 9.7% 5.5% 121 Bozeman, MT $49,105 $58,889 $66,007 $181 0.1% 15.9% 12.1% 122 Gulfport, MS $55,443 $60,460 $65,459 $179 0.1% 8.7% 8.3% 123 Lubbock, TX $54,549 $62,470 $64,677 $177 0.1% 8.9% 3.5% 124 McAllen, TX $50,083 $59,549 $64,531 $177 0.1% 13.5% 8.4% 125 Allentown/Bethlehem, PA $57,476 $62,089 $62,904 $172 0.1% 4.6% 1.3% 126 Newport News, VA $54,595 $61,917 $61,961 $170 0.1% 6.5% 0.1% 127 Corpus Christi, TX $54,756 $64,046 $61,530 $169 0.1% 6.0% -3.9% 128 Flint, MI $66,463 $70,651 $61,236 $168 0.1% -4.0% -13.3% 129 Moline, IL $53,943 $59,633 $61,202 $168 0.1% 6.5% 2.6% 130 Midland/Odessa, TX $44,790 $52,837 $58,306 $160 0.1% 14.1% 10.3% 131 Mobile, AL $51,250 $62,766 $58,139 $159 0.1% 6.5% -7.4% 132 Eugene, OR $49,929 $55,740 $57,836 $158 0.1% 7.6% 3.8% 133 Amarillo, TX $47,981 $54,441 $57,075 $156 0.1% 9.1% 4.8% 134 Shreveport, LA $51,148 $59,258 $56,636 $155 0.1% 5.2% -4.4% 135 Fargo, ND $45,118 $52,706 $56,585 $155 0.1% 12.0% 7.4% 136 Roanoke, VA $46,760 $55,066 $56,252 $154 0.1% 9.7% 2.2% 137 South Bend, IN $51,507 $55,040 $54,547 $149 0.1% 2.9% -0.9% 138 Missoula, MT $40,763 $48,576 $53,065 $145 0.1% 14.1% 9.2% 139 Harlingen, TX $47,116 $51,285 $53,038 $145 0.1% 6.1% 3.4% 140 Wilmington, NC $39,446 $49,388 $52,777 $145 0.1% 15.7% 6.9% 141 Jackson, WY $38,918 $46,468 $51,492 $141 0.1% 15.0% 10.8% 142 Hilo, HI $49,296 $53,518 $51,246 $140 0.1% 2.0% -4.2% 143 Asheville, NC $42,092 $49,561 $49,619 $136 0.1% 8.6% 0.1% 144 Medford, OR $39,667 $46,597 $48,732 $134 0.1% 10.8% 4.6% 145 Fort Wayne, IN $47,464 $49,996 $48,555 $133 0.1% 1.1% -2.9% 146 Appleton, WI $42,585 $46,987 $48,499 $133 0.1% 6.7% 3.2% 147 Charleston, WV $43,778 $49,770 $48,417 $133 0.1% 5.2% -2.7% 148 Chattanooga, TN $37,138 $44,149 $46,801 $128 0.1% 12.3% 6.0% 149 Guam $40,190 $45,658 $45,500 $125 0.1% 6.4% -0.3% 150 Rapid City, SD $39,643 $44,057 $45,352 $124 0.1% 7.0% 2.9%

Top 150 Airports $58,579,007 $65,882,101 $67,754,789 $185,630 98.2% 7.5% 2.8%

Total Domestic Revenue $59,686,961 $67,128,251 $69,023,307 $189,105 100.0% 7.5% 2.8%

source: US DOT Table DB1AHector International Airport - Fargo, ND

page 48

Airport Traffic Quarterly

Top 150 Domestic US O&D Revenue Airports - Fargo is Ranked 135thRanked by Twelve Months Ended June 2007

Approximates 100% Sample - Outbound Revenue ($thousands)

Avg. Ann. ChangeRank

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Total O&D Total O&D Itinerary Average Average Fared FaredAirport Revenue Passengers Mileage Coupons Fare Fare Yield

1 Bozeman, MT $66,007,240 304,860 1,408 1.91 $216.52 $250.99 17.83¢ 2 Fairbanks, AK $84,150,010 385,930 1,526 1.63 $218.04 $247.68 16.23¢ 3 Anchorage, AK $349,265,990 1,661,020 1,939 1.52 $210.27 $242.30 12.50¢ 4 Cincinnati, OH $461,137,030 2,113,140 916 1.24 $218.22 $241.43 26.37¢ 5 Mobile, AL $58,138,900 260,030 1,039 1.82 $223.59 $241.23 23.21¢ 6 Fort Walton Beach, FL $71,341,320 337,920 1,051 1.85 $211.12 $231.17 22.00¢ 7 St. Thomas, VI $106,428,610 525,870 1,669 1.64 $202.39 $227.50 13.63¢ 8 Huntsville, AL $109,123,580 506,170 1,048 1.76 $215.59 $226.49 21.62¢ 9 Fayetteville, AR $106,384,270 501,000 1,023 1.66 $212.34 $225.98 22.09¢ 10 Fargo, ND $56,585,000 279,670 1,193 1.86 $202.33 $225.41 18.90¢ 11 Missoula, MT $53,064,760 264,620 1,309 1.80 $200.53 $223.47 17.08¢ 12 Shreveport, LA $56,636,390 271,680 1,060 1.80 $208.47 $221.59 20.91¢ 13 Sioux Falls, SD $67,715,690 334,480 1,126 1.79 $202.45 $216.29 19.21¢ 14 Columbia, SC $114,372,990 568,730 1,019 1.73 $201.10 $214.43 21.05¢ 15 San Francisco, CA $1,615,619,640 8,395,160 1,729 1.31 $192.45 $211.89 12.25¢ 16 Asheville, NC $49,619,240 256,330 991 1.89 $193.58 $210.63 21.26¢ 17 Charleston, SC $170,010,490 888,490 985 1.67 $191.35 $209.39 21.26¢ 18 Santa Barbara, CA $71,597,150 379,170 1,327 1.75 $188.83 $207.82 15.66¢ 19 Greenville/Spartanburg, SC $124,428,450 651,470 929 1.65 $191.00 $207.33 22.33¢ 20 Springfield, MO $73,795,420 384,590 1,068 1.71 $191.88 $207.23 19.41¢ 21 Harrisburg, PA $106,485,790 552,250 1,140 1.81 $192.82 $206.10 18.08¢ 22 Roanoke, VA $56,251,930 294,050 954 1.74 $191.30 $204.17 21.40¢ 23 Knoxville, TN $136,753,860 733,490 991 1.68 $186.44 $199.90 20.17¢ 24 Lexington, KY $79,584,840 429,480 959 1.76 $185.31 $199.25 20.79¢ 25 Billings, MT $71,565,060 387,130 1,161 1.77 $184.86 $198.76 17.12¢ 26 Fresno, CA $97,685,020 534,060 1,303 1.71 $182.91 $194.54 14.93¢ 27 Eugene, OR $57,835,990 325,060 1,344 1.86 $177.92 $194.44 14.47¢ 28 Appleton, WI $48,499,290 266,030 1,064 1.92 $182.31 $194.07 18.25¢ 29 Medford, OR $48,731,530 277,810 1,273 1.82 $175.41 $192.97 15.16¢ 30 Baton Rouge, LA $80,133,830 432,880 1,043 1.79 $185.12 $192.72 18.48¢ 31 Palm Springs, CA $116,387,200 677,090 1,369 1.60 $171.89 $191.93 14.02¢ 32 Wichita, KS $116,373,560 646,330 1,079 1.67 $180.05 $189.01 17.52¢ 33 Cedar Rapids, IA $80,437,910 455,270 1,114 1.77 $176.68 $188.23 16.89¢ 34 Key West, FL $45,119,520 262,630 1,043 1.94 $171.80 $188.05 18.02¢ 35 Madison, WI $119,651,030 685,590 1,075 1.84 $174.52 $186.85 17.38¢ 36 McAllen, TX $64,531,070 360,950 1,130 1.72 $178.78 $186.77 16.53¢ 37 Grand Rapids, MI $150,680,640 871,160 1,118 1.83 $172.97 $186.12 16.64¢ 38 Green Bay, WI $68,702,410 396,770 1,108 1.90 $173.15 $184.89 16.68¢ 39 Des Moines, IA $147,467,670 841,990 1,090 1.69 $175.14 $184.81 16.96¢ 40 Memphis, TN $374,244,650 2,130,550 838 1.35 $175.66 $184.46 22.00¢ 41 Wilmington, NC $52,776,840 307,910 980 1.90 $171.40 $181.73 18.55¢ 42 Greensboro, NC $154,400,050 908,310 933 1.62 $169.99 $179.92 19.28¢ 43 Washington Dulles, DC $896,111,770 5,297,000 1,306 1.24 $169.17 $179.92 13.78¢ 44 New York Newark, NJ $1,646,750,260 9,794,190 1,336 1.15 $168.14 $179.89 13.47¢ 45 Tallahassee, FL $73,160,670 431,140 869 1.68 $169.69 $179.02 20.59¢ 46 Colorado Springs, CO $150,639,360 898,650 1,151 1.72 $167.63 $178.47 15.50¢ 47 Los Angeles, CA $2,577,532,760 15,619,080 1,574 1.24 $165.02 $178.21 11.32¢ 48 Dallas/Ft Worth, TX $1,801,711,880 10,840,590 1,054 1.19 $166.20 $177.69 16.85¢ 49 Portland, ME $123,756,220 741,590 1,206 1.73 $166.88 $177.07 14.69¢ 50 Minneapolis, MN $1,270,194,590 7,712,920 1,071 1.23 $164.68 $175.87 16.41¢

source: US DOT Table DB1AHector International Airport - Fargo, ND

page 49

Rank

continued on page 50

Airport Traffic Quarterly

Statistical Summary of Top 150 US Passenger Airports - Fargo is Ranked 10thTwelve Months Ended June 2007

Approximates 100% Sample - Outbound Statistics - Ranked by Fared Average Fare

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Total O&D Total O&D Itinerary Average Average Fared FaredAirport Revenue Passengers Mileage Coupons Fare Fare Yield

51 Savannah, GA $142,015,850 874,880 999 1.75 $162.33 $175.35 17.54¢ 52 Houston Intercontinental, TX $1,115,573,180 6,797,260 1,090 1.17 $164.12 $174.17 15.98¢ 53 New York J F Kennedy, NY $1,478,824,270 8,927,870 1,537 1.08 $165.64 $174.03 11.33¢ 54 Seattle/Tacoma, WA $1,604,700,800 10,026,500 1,480 1.31 $160.05 $173.38 11.72¢ 55 Gulfport, MS $65,459,360 388,670 992 1.74 $168.42 $173.25 17.46¢ 56 Allentown/Bethlehem, PA $62,903,600 384,450 1,046 1.69 $163.62 $172.21 16.46¢ 57 Jackson, MS $108,522,300 662,300 972 1.65 $163.86 $172.07 17.70¢ 58 Norfolk, VA $273,926,650 1,683,100 1,184 1.70 $162.75 $172.03 14.52¢ 59 Washington National, DC $1,116,705,570 6,860,240 938 1.29 $162.78 $171.88 18.32¢ 60 San Juan, PR $505,704,980 3,062,010 1,686 1.30 $165.15 $171.80 10.19¢ 61 Pensacola, FL $122,208,470 754,220 1,007 1.78 $162.03 $171.23 17.00¢ 62 Kahului, HI $398,401,430 2,599,060 1,782 1.29 $153.29 $169.85 9.53¢ 63 Corpus Christi, TX $61,529,500 389,690 904 1.69 $157.89 $168.59 18.65¢ 64 Atlanta, GA $2,087,050,540 13,237,690 886 1.13 $157.66 $168.34 19.00¢ 65 Charlotte, NC $691,052,400 4,351,620 912 1.31 $158.80 $168.32 18.46¢ 66 Burlington, VT $101,913,290 640,310 1,207 1.76 $159.16 $168.21 13.93¢ 67 Hartford, CT $483,918,770 3,069,450 1,287 1.50 $157.66 $168.15 13.06¢ 68 Syracuse, NY $169,635,610 1,074,150 1,153 1.71 $157.93 $166.43 14.43¢ 69 Honolulu, HI $974,371,960 6,406,720 1,889 1.27 $152.09 $165.70 8.77¢ 70 Boston, MA $1,624,738,690 10,413,380 1,253 1.26 $156.02 $165.15 13.18¢ 71 Austin, TX $542,641,840 3,561,210 1,071 1.49 $152.38 $165.11 15.41¢ 72 Richmond, VA $244,523,680 1,560,760 973 1.56 $156.67 $164.50 16.90¢ 73 Birmingham, AL $220,779,430 1,430,330 946 1.57 $154.36 $164.50 17.38¢ 74 Salt Lake City, UT $770,063,970 5,094,680 1,123 1.31 $151.15 $164.31 14.63¢ 75 Oklahoma City, OK $243,213,180 1,574,960 998 1.65 $154.42 $163.83 16.42¢ 76 San Antonio, TX $520,732,330 3,425,420 1,063 1.54 $152.02 $162.61 15.29¢ 77 Miami, FL $692,967,830 4,563,140 1,258 1.28 $151.86 $161.81 12.86¢ 78 Little Rock, AR $173,332,490 1,133,950 928 1.63 $152.86 $161.44 17.40¢ 79 Albany, NY $203,499,740 1,347,950 1,243 1.66 $150.97 $161.07 12.96¢ 80 South Bend, IN $54,546,520 353,600 1,065 1.83 $154.26 $160.07 15.02¢ 81 Portland, OR $812,767,340 5,500,430 1,344 1.38 $147.76 $159.14 11.84¢ 82 Milwaukee, WI $407,138,060 2,697,510 1,031 1.37 $150.93 $158.74 15.39¢ 83 El Paso, TX $225,779,940 1,513,930 1,003 1.52 $149.13 $157.48 15.70¢ 84 Tucson, AZ $283,987,630 1,931,650 1,221 1.58 $147.02 $157.17 12.87¢ 85 Cleveland, OH $538,249,810 3,625,710 994 1.27 $148.45 $156.84 15.78¢ 86 Tulsa, OK $207,017,420 1,411,670 933 1.58 $146.65 $156.27 16.75¢ 87 Kona, HI $186,721,310 1,322,660 1,503 1.36 $141.17 $155.59 10.35¢ 88 Albuquerque, NM $385,775,560 2,701,470 1,036 1.46 $142.80 $155.41 15.00¢ 89 San Diego, CA $1,139,094,270 7,869,010 1,351 1.36 $144.76 $155.39 11.50¢ 90 White Plains, NY $96,480,050 654,030 993 1.32 $147.52 $155.22 15.63¢ 91 Louisville, KY $244,659,350 1,668,000 933 1.56 $146.68 $154.13 16.52¢ 92 Dayton, OH $184,648,930 1,252,290 952 1.58 $147.45 $153.66 16.14¢ 93 Omaha, NE $282,391,490 1,936,100 1,039 1.59 $145.86 $153.43 14.77¢ 94 Chicago O'Hare, IL $2,092,057,770 14,491,020 1,009 1.13 $144.37 $152.92 15.16¢ 95 Daytona Beach, FL $42,876,540 299,840 1,083 1.76 $143.00 $152.55 14.09¢ 96 Orange County, CA $665,631,930 4,689,030 1,122 1.33 $141.96 $152.41 13.59¢ 97 St. Louis, MO $731,543,510 5,114,350 899 1.29 $143.04 $151.47 16.85¢ 98 New York La Guardia, NY $1,556,978,770 10,852,170 927 1.21 $143.47 $151.02 16.28¢ 99 New Orleans, LA $464,009,160 3,223,770 993 1.48 $143.93 $150.97 15.20¢ 100 Moline, IL $61,202,020 427,980 1,062 1.77 $143.00 $149.71 14.10¢

source: US DOT Table DB1A

Airport Traffic Quarterly

Statistical Summary of Top 150 US Passenger Airports - Fargo is Ranked 10thTwelve Months Ended June 2007

Approximates 100% Sample - Outbound Statistics - Ranked by Fared Average Fare

Rank

continued on page 51

Hector International Airport - Fargo, ND

page 50

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Total O&D Total O&D Itinerary Average Average Fared FaredAirport Revenue Passengers Mileage Coupons Fare Fare Yield

101 Denver, CO $1,611,731,560 11,599,450 1,072 1.21 $138.95 $149.16 13.91¢ 102 Philadelphia, PA $1,232,586,010 8,731,650 1,155 1.24 $141.16 $148.76 12.87¢ 103 Indianapolis, IN $503,385,640 3,574,200 1,023 1.45 $140.84 $146.67 14.34¢ 104 Detroit, MI $1,088,757,970 7,853,850 1,007 1.23 $138.63 $146.14 14.52¢ 105 Kauai Island, HI $177,165,690 1,348,780 1,375 1.42 $131.35 $144.64 10.52¢ 106 Columbus, OH $439,568,280 3,191,790 978 1.44 $137.72 $143.86 14.71¢ 107 Providence, RI $325,219,970 2,403,630 1,167 1.47 $135.30 $143.68 12.31¢ 108 Raleigh/Durham, NC $571,286,480 4,203,470 954 1.44 $135.91 $143.03 15.00¢ 109 Spokane, WA $205,185,440 1,536,560 1,072 1.54 $133.54 $142.32 13.27¢ 110 Rochester, NY $175,449,900 1,296,560 996 1.55 $135.32 $142.17 14.27¢ 111 Myrtle Beach, SC $93,597,630 696,200 808 1.54 $134.44 $141.58 17.53¢ 112 Phoenix, AZ $1,596,989,930 12,091,190 1,174 1.21 $132.08 $141.55 12.06¢ 113 Manchester, NH $243,424,310 1,830,830 1,158 1.50 $132.96 $141.22 12.20¢ 114 Boise, ID $196,344,820 1,473,350 939 1.46 $133.26 $141.13 15.02¢ 115 Jacksonville, FL $381,190,580 2,850,580 998 1.52 $133.72 $141.01 14.13¢ 116 Amarillo, TX $57,075,260 435,570 752 1.52 $131.04 $140.86 18.74¢ 117 Sarasota/Bradenton, FL $95,748,470 725,660 1,081 1.57 $131.95 $140.59 13.01¢ 118 Nashville, TN $525,813,490 3,973,100 920 1.34 $132.34 $140.28 15.25¢ 119 San Jose, CA $629,388,830 4,765,340 1,086 1.27 $132.08 $139.31 12.82¢ 120 Kansas City, MO $629,095,270 4,762,150 949 1.37 $132.10 $138.74 14.63¢ 121 West Palm Beach, FL $423,000,370 3,269,220 1,132 1.35 $129.39 $137.53 12.15¢ 122 Pittsburgh, PA $507,253,210 3,882,550 951 1.36 $130.65 $136.96 14.40¢ 123 Ontario, CA $414,600,580 3,197,610 1,074 1.40 $129.66 $136.58 12.72¢ 124 Las Vegas, NV $2,142,246,030 16,607,050 1,248 1.20 $129.00 $136.52 10.94¢ 125 Reno, NV $281,586,540 2,214,560 1,072 1.46 $127.15 $135.64 12.65¢ 126 Fort Myers, FL $472,855,380 3,699,280 1,182 1.36 $127.82 $135.63 11.47¢ 127 Sacramento, CA $620,216,670 4,863,440 1,099 1.33 $127.53 $134.84 12.27¢ 128 Long Beach, CA $171,155,070 1,311,510 1,397 1.11 $130.50 $134.34 9.62¢ 129 Midland/Odessa, TX $58,305,840 468,860 695 1.44 $124.36 $134.23 19.32¢ 130 Newburgh, NY $38,531,190 297,830 1,129 1.42 $129.37 $132.80 11.76¢ 131 Fort Lauderdale, FL $1,079,578,080 8,654,240 1,190 1.27 $124.75 $131.42 11.05¢ 132 Harlingen, TX $53,038,100 429,880 752 1.47 $123.38 $131.16 17.45¢ 133 Newport News, VA $61,960,530 489,190 800 1.50 $126.66 $131.06 16.37¢ 134 Flint, MI $61,235,740 491,750 1,021 1.64 $124.53 $130.83 12.82¢ 135 Akron/Canton, OH $81,282,140 653,510 948 1.51 $124.38 $129.94 13.71¢ 136 Lubbock, TX $64,676,920 541,370 685 1.46 $119.47 $129.09 18.83¢ 137 Orlando, FL $1,746,748,830 14,217,560 1,109 1.25 $122.86 $129.03 11.64¢ 138 Tampa, FL $986,157,820 8,105,980 1,085 1.30 $121.66 $128.36 11.83¢ 139 Baltimore, MD $952,609,000 7,897,710 1,048 1.25 $120.62 $126.56 12.07¢ 140 Oakland, CA $779,166,600 6,561,030 1,063 1.17 $118.76 $125.48 11.80¢ 141 Buffalo, NY $284,093,850 2,402,540 992 1.51 $118.25 $122.87 12.39¢ 142 Burbank, CA $324,254,230 2,831,490 797 1.20 $114.52 $120.46 15.12¢ 143 Houston Hobby, TX $346,512,970 3,094,090 755 1.17 $111.99 $120.40 15.95¢ 144 Long Island, NY $115,418,790 1,131,760 1,107 1.24 $101.98 $110.90 10.02¢ 145 Chicago Midway, IL $642,488,940 6,373,360 904 1.09 $100.81 $105.76 11.70¢ 146 Atlantic City, NJ $44,546,570 425,150 899 1.04 $104.78 $105.59 11.75¢ 147 Dallas Love Field, TX $247,852,750 2,819,170 452 1.12 $87.92 $94.10 20.82¢ 148 St. Petersburg/Clearwater, FL $24,946,200 271,660 923 1.00 $91.83 $91.88 9.96¢ 149 Sanford, FL $28,603,820 336,510 856 1.00 $85.00 $85.09 9.94¢ 150 Hilo, HI $51,245,690 754,870 555 1.18 $67.89 $71.83 12.94¢

Total of All Airports $69,023,307,060 467,478,310 1,142 1.33 $147.65 $157.11 13.76¢

source: US DOT Table DB1A

page 51

Hector International Airport - Fargo, ND

Airport Traffic Quarterly

Statistical Summary of Top 150 US Passenger Airports - Fargo is Ranked 10thTwelve Months Ended June 2007

Approximates 100% Sample - Outbound Statistics - Ranked by Fared Average Fare

Rank

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GEG

Available Seat Miles (ASM's) - Calculated by multiplying total number of seats available by the segment trip mileage.

Average Fare - Represented as either Average Fare or Fared Average Fare. Average Fare is calculated by dividing total revenues by total passengers. Fared Average Fares are calculated by dividing total revenues by the total number of passengers that pay a fare for their journey. Fared Average Fares eliminate the dilution effect that frequent fliers have on air fares. Average fares represent a one-way fare and do not include applicable taxes or passenger facility charges.

City-Pair - The relationship between the origin city and the destination city. For example, Billings-Austin would be a city-pair when a passenger originates in Billings, connects through Denver, and has an ultimate destination of Austin.

Connecting Airport - An intermediate airport where the passenger spends less than four hours before enplaning on another leg of a journey.

Consolidated Market - A city or market that has more than one airport that provides commercial air service.

Coupons - Equivalent to a boarding pass. Each time a passenger boards an aircraft, a boarding pass, or coupon, is surrendered.

Deplanement - A passenger that is departing or getting off a commercial aircraft.

Destination Airport - Any airport where the air traveler spends four hours or more. This is the FAA definition.

Enplanement - As defined by the FAA, an enplanement is a passenger boarding a commercial aircraft.

Gateway - A city/airport in which an international passenger departs / arrives in the United States.

Itinerary Miles -The total number of miles traveled during any given passenger journey, including excess travel caused by connections to multiple flights, as opposed to the direct or non-stop mileage between city-pair end-points.

Load Factor - Calculated as the number of revenue passenger miles divided by available seat miles.

Non-Stop Service - Air travel between two points without stopping at an intermediate airport.

Onboard Passenger - A passenger that has enplaned / deplaned a commercial aircraft.

One-Way Fare - Represents one-half of a round trip fare excluding applicable taxes and passenger facility charges. Origin & Destination (O&D) Passengers & Revenues - O&D Passengers are the number of passengers that travel between city-pair

end-points. O&D Revenues is the value to air carriers of the tickets purchased for travel between these end-points. For example, a passenger originating in Billings, traveling first to Denver, then connecting in Denver with an ultimate destination of Austin is an O&D Passenger in the Billings-Austin market. The carrier revenues derived from this journey are also credited to Billings and Austin.

Originating Airport - The airport used by a traveler for the first enplanement of a commercial aircraft.

Pax - Abbreviation for passenger.

PDEW / RDEW - Passengers Per Day Each Way, Revenue Per Day Each Way.

Revenue Passenger Miles (RPM's) - Calculated by multiplying the total number of onboard passengers by the segment trip mileage.

Seats Available - The total number of seats provided by the airline serving a particular airport or route.

Segment Trip - The total number of non-stop departures or arrivals provided by airlines at an airport.

Yield - Yield determines the average revenues generated per mile during a given journey. Yield is calculated by dividing average fare paid by itinerary mileage flown. Yield can also be shown as the Fared Average Yield, similar to Fared Average Fares explained previously.

Airport Traffic Quarterly

Glossary of Terms

Hector International Airport - Fargo, ND

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Hector International Airport - Fargo, ND

Airport Traffic Quarter ly