International Enplanements. International enplanements during Fiscal Year 2008-09 totaled 4,221,214, a decrease <strong>of</strong> 7.6% compared to Fiscal Year 2007-08. During the first six months (July through December) <strong>of</strong> Fiscal Year 2009-10, international enplanements decreased by 60,089 (-2.7%) compared to international enplanements during the first six months (July through December) <strong>of</strong> Fiscal Year 2008-09. International enplaned passengers at the <strong>Airport</strong> during December 2009 was 344,467, a decrease <strong>of</strong> 4.9% compared to December 2008. INTERNATIONAL ENPLANEMENTS BY AIRLINE † (Fiscal Years) % <strong>of</strong> First Six Months (July through December) Airline 2004-05 2005-06 2006-07 2007-08* 2008-09* 2008-09* (1) 2008-09* 2009-10* United Airlines (2) Air Canada (3) 1,407,326 1,493,949 1,602,835 1,602,837 1,518,159 36.0% 806,311 749,195 276,063 294,189 304,697 299,111 273,870 6.5 146,935 154,160 Cathay Pacific Airlines 122,050 122,106 123,209 209,269 225,033 5.3 110,186 112,198 Lufthansa Airlines 208,014 218,875 229,988 210,009 205,397 4.9 105,099 109,053 British Airways 215,515 219,630 215,231 210,877 203,875 4.8 108,053 106,039 Singapore Airlines 181,401 198,100 196,350 184,504 167,300 4.0 90,164 82,058 EVA Airways 124,246 142,180 153,162 153,203 141,140 3.3 74,631 74,850 China Airlines 122,004 128,159 128,259 121,574 116,172 2.8 55,005 60,232 Philippine Airlines Virgin Atlantic Airways (4) Alaska Airlines (5) 120,146 120,087 126,437 128,298 114,808 2.7 58,736 50,937 – – – – 106,266 2.5 54,846 55,965 194,882 207,445 205,490 216,222 – – – – SUBTOTAL 2,971,647 3,095,343 3,208,758 3,335,904 3,072,020 72.8 1,609,965 1,554,687 All others 957,784 1,051,560 1,136,246 1,230,111 1,149,194 27.2 610,250 605,439 TOTAL 3,929,431 4,146,903 4,345,004 4,566,015 4,221,214 100.0% 2,220,215 2,160,126 Percentage Change __________________ 6.5% 5.5% 4.8% 5.1% (7.6%) (2.7%) † Restated. * Preliminary. (1) Column does not total due to rounding. (2) Restated. Data has been restated to include enplanements for SkyWest Airlines/United Express-Canada. (3) Includes enplanements for Air Canada Jazz, the Air Canada regional affiliate br<strong>and</strong>. (4) Virgin Atlantic Airlines was not one <strong>of</strong> the 10 most active airlines at the <strong>Airport</strong> by international enplanements during Fiscal Years 2004-05 through 2007-08. (5) Alaska Airlines was not one <strong>of</strong> the 10 most active airlines at the <strong>Airport</strong> by international enplanements during Fiscal Year 2008-09. The decline in international enplanements is primarily due to discontinuance <strong>of</strong> service to three destinations in Mexico since May 2008 <strong>and</strong> discontinuance <strong>of</strong> service to Canada since August 2008. Alaska Airlines continues service to two destinations in Mexico. Source: <strong>San</strong> Francisco <strong>Airport</strong> <strong>Commission</strong>. Compared with the first six months (July through December) <strong>of</strong> Fiscal Year 2008-09, enplanements to Asia <strong>and</strong> the Middle East decreased by 3.2% (representing 9.9% <strong>of</strong> total enplanements <strong>and</strong> 45.0% <strong>of</strong> international enplanements); enplanements to Canada increased by 1.7% (representing 3.2% <strong>of</strong> total enplanements <strong>and</strong> 14.7% <strong>of</strong> international enplanements); enplanements to Europe decreased by 6.3% (representing 5.7% <strong>of</strong> total enplanements <strong>and</strong> 26.2% <strong>of</strong> international enplanements); enplanements to Mexico, the Caribbean <strong>and</strong> Central America increased by 0.03% (representing 1.8% <strong>of</strong> total enplanements <strong>and</strong> 8.2% <strong>of</strong> international enplanements); <strong>and</strong> enplanements to Australia <strong>and</strong> Oceania increased by 4.3% (representing 1.3% <strong>of</strong> total enplanements <strong>and</strong> 5.8% <strong>of</strong> international enplanements) during the first six months (July through December) <strong>of</strong> Fiscal Year 2009-10. Compared to December 2008, enplanements to Asia <strong>and</strong> the Middle East decreased by 0.7% (representing 11.3% <strong>of</strong> total enplanements <strong>and</strong> 51.1% <strong>of</strong> international enplanements); enplanements to Canada decreased by 11.4% (representing 2.5% <strong>of</strong> total enplanements <strong>and</strong> 11.5% <strong>of</strong> international enplanements); enplanements to Europe decreased by 16.5% (representing 4.4% <strong>of</strong> total enplanements <strong>and</strong>19.7% <strong>of</strong> international enplanements); enplanements to Mexico, the Caribbean <strong>and</strong> Central America increased by 7.6% (representing 2.6% <strong>of</strong> total enplanements <strong>and</strong> 11.6% <strong>of</strong> international enplanements); <strong>and</strong> enplanements to Australia <strong>and</strong> Oceania decreased by 3.1% (representing 1.4% <strong>of</strong> total enplanements <strong>and</strong> 6.2% <strong>of</strong> international enplanements) during December 2009. 52
INTERNATIONAL ENPLANEMENTS BY DESTINATION (Fiscal Years) First Six Months % <strong>of</strong> 2008-09 (July through December) International Total Destination 2004-05 2005-06 2006-07 2007-08* 2008-09* Enplanements* † Enplanements* (1) 2008-09* 2009-10* Asia/Middle East 1,842,975 1,915,999 1,984,911 2,102,630 1,913,830 45.3% 10.5% 1,005,617 972,971 Europe 1,079,706 1,091,871 1,105,556 1,172,857 1,134,359 26.9 6.2 604,967 566,961 Canada 510,172 564,028 634,381 650,149 585,492 13.9 3.2 311,671 317,008 Mexico/Caribbean/ Central America 357,066 402,001 380,016 393,747 358,282 8.5 2.0 177,739 177,797 Australia/Oceania 139,512 173,004 240,140 246,632 229,251 5.4 1.3 120,221 125,389 TOTAL 3,929,431 4,146,903 4,345,004 4,566,009 4,221,214 100.0% 23.2% 2,220,215 2,160,126 Percentage Change 6.5% 5.5% 4.8% 5.1% (7.6%) – (2.7%) __________________ * Preliminary. (1) Column does not total due to rounding. (2) Includes Emirates Airlines services to Dubai which commenced in December 2008. Source: <strong>San</strong> Francisco <strong>Airport</strong> <strong>Commission</strong>. 53
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SAN FRANCISCO INTERNATIONAL AIRPORT
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2010A BONDS MATURITY SCHEDULE The i
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Information Provided by the Commiss
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Page Page VERIFICATION OF MATHEMATI
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Introduction APPENDIX B INFORMATION
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APPENDIX C SUMMARY OF CERTAIN PROVI
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Closing Date means the date upon wh
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Interest Payment Date means each da
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the Trustee for cancellation; (b) B
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payment agreement with the United S
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Special Facility means any existing
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Revenue Fund; Allocation of Net Rev
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Moneys in the respective accounts i
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Investments are allocated. Amounts
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Subordinate Bonds The Commission ma
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act or thing the effect of which wo
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filing of any such petition or to t
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moneys, funds and properties pledge
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The recitals, statements and repres
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The Trustee or the Paying Agent, as
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to or greater than the Credit Facil
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(a) such 2010A Bonds sold by the Re
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The Remarketing Agent The Remarketi
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APPENDIX D SUMMARIES OF CERTAIN PRO
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computations made in accordance wit
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APPENDIX E SUMMARY OF CERTAIN PROVI
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statement, it must be available fro
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Duties, Immunities and Liabilities
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APPENDIX F INFORMATION REGARDING TH
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Ambac Assurance’s consolidated fi
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Capitalization of AGM At September
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The available amount of each MBIA s
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complaint also alleges that certain
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APPENDIX G PROPOSED FORM OF OPINION
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APPENDIX H JPMORGAN CHASE BANK, NAT
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The Available Amount (as hereinafte
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JPMorgan Chase Bank, National Assoc
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JPMorgan Chase Bank, National Assoc
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JPMorgan Chase Bank, National Assoc
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IN WITNESS WHEREOF, this Certificat
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(ii) $_______________________ is de
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IN WITNESS WHEREOF, this Certificat
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IN WITNESS WHEREOF, this Certificat
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The undersigned Transferor acknowle
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The Bank of New York Trust Company,
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JPMorgan Chase Bank, National Assoc
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The Bank of New York Trust Company,