April 16, 2008

2008Annual General Meeting

YYC & YBWYYC & YBW““Airports in MotionAirports in Motion””

AGENDA

• 2007 In Review– Activity Levels– Financial Overview– Performance Measures– Key Activities

• Moving Forward– Ten Year Development Plan

2007 In Review

Passenger Activity (2007)

Total Passengers – 12.2 million

+ 8.4%

33,500 passengers/day

Passenger Traffic Growth

Over Five Years + 55%

Since Transfer + 150%

3x “Normal” Growth

Aircraft Movements (2007)

Air Carrier Movements – 165,000

+ 9.5%

Total Movements – 241,000660/day

2007 Revenues

Airport Improvement Fee $ 76.2 MCommercial Revenue $ 73.5 MAviation Fees $ 73.2 M

TOTAL $222.9 M

Car Rentals $16.9M

Car Parking $26.3M

Other Concession $11.4M

Aviation Fees $73.2M

Land, Space & Other Revenue $18.9M

OPERATIONS SECTOR 2007 REVENUES

$146.7M

ebt

Salaries & Benefits $13.7M

Property Taxes $4.7M

Goods & Services $46.2M

Federal Rent $20.7M

OPERATIONS SECTOR 2007 EXPENSES

$85.3M

Major Expansion

Sector $36.0MOperations

Sector $42.7M

2007 $78.7M

Capital Investment

Operations Sector $246.9M Major Expansion

Sector $635.1M

1992 to 2007 $882.0M

Capital Investment

2007 In Review

Year Review

Completed by Jacobs ConsultancyExcellent review

From the report. . . .“We found that the Authority was operating, managing and developing the

federal assets entrusted to it in an exemplary manner. The Authority’s employees not only look to enhance the safety and security of the facility and the people that use it, but also to enhance its connectivity to global markets and value to the regional economy.”

5

ACI Airport Service Quality Survey"Overall Satisfaction with Airport"

Latest Results for 2007

SANDEN

IAHDFWDTWADLGYE

ATHCMHCHCSYDEDICNSABZSQUHAMGLA

HGHOSLTRDDMEBHXJN

BEMA

MUCARNAKLCLEBOM

CPTCANNBODUR

BGOMEXMAN

PDLMAA

FNCFCOORYCUR

CCUCDG

DELPMILIS

HOUAUSMSPOPO

YHZ

YYC

YOW

YEG

YYZ

YVR

YUL

AVG

3.00

3.25

3.50

3.75

4.00

4.25

4.50

YHZ - Halifax YOW - Ottawa YYC - CalgaryYEG - EdmontonYYZ - TorontoYVR - VancouverYUL - Montreal

CALGARY

Very positive

On a 7 point scale, 93% ofrespondents gave the airporteither a 6 or a 7

2007Reputation Audit

100.0% 101.8% 105.2% 107.2% 107.9% 115.3%149.3%

364.1%

0%

100%

200%

300%

400%

Calgary Halifax Winnipeg Edmonton Ottawa Vancouver Montreal Toronto

SAMPLE OF TEN PASSENGER AIRCRAFT - SUMMARYAs of February 1, 2007AIRCRAFT FEES

PERFORMANCE MEASURES

$4.72 $5.53

$6.79 $6.82 $7.72 $8.00 $8.10

$12.62

$0.00

$2.00

$4.00

$6.00

$8.00

$10.00

$12.00

$14.00

$16.00

Dire

ct C

osts

($) p

er P

ax

Calgary Vancouver Halifax Winnipeg Edmonton Montreal Ottawa Toronto

DIRECT (CONTROLLABLE) COSTS PER PASSENGERFOR THE YEAR ENDED DECEMBER 31, 2006

PERFORMANCE MEASURES

COSTS/PASSENGER

10.45

9.068.00

6.065.04 4.84

3.37 3.14

0

4

8

12

Pass

enge

rs p

er C

apita

Calgary Halifax Vancouver Toronto Edmonton Winnipeg Ottawa Montreal

ENPLANED & DEPLANED PASSENGERS PER METROPOLITAN AREA POPULATIONFOR THE YEAR ENDED DECEMBER 31, 2006

PERFORMANCE MEASURES

PASSENGERS PER CAPITA

(000's) IFR Itinerant Movements Per Capita (Millions)2006

0

50

100

150

200

250

Calgary Halifax Winnipeg Vancouver Edmonton Toronto Ottawa Montreal

PERFORMANCE MEASURES

IFR MOVEMENTS PER CAPITA

“Earth Hour”at YYC – 2008

2007 In Review

Safety First

Safety Management Systems integrated into policies, procedures & practices

Workplace Health & SafetyPassenger SafetyConstruction SafetyApron SafetyEmployee training & emergency preparednessEmergency exercises

Safety First

Airport Authority presented with the:

‘Best Safety Performance Award’

As part of the Work Safe Alberta program

Strategic Land Acquisition

112 acre parcel acquired on west side of airport to facilitate future development

New International Air Services

Lufthansa

Non-stop scheduled service to Frankfurt beginning April/08

New International Air Services

Lufthansa Inaugural Flight toCalgary – April 14, 2008

New International Air Services

Mexicana

Non-stop scheduled service to Mexico City beginning June/08

Facility Restoration & Development

Expansion of Cargo Apron VII

Facility Restoration & Development

Staff / Contractor /Overflow Public Parking

1388 Stalls

Tour BusStaging Area

14 Stalls

Staff Parking97 Stalls

ParkadeAlterations

75 Stalls

OverheightReconfiguration

New CorporateParking Lot255 Stalls

19th Street Upgrade

(Airport Limits)

Car Parking Expansion

Facility Restoration & Development

Terminal Watermain Replacement

Facility Restoration & Development

Flight Information Display Systems

Facility Restoration & Development

Airfield & Groundside Pavement Restoration

Facility Restoration & Development

New Passenger Check-In Systems

Facility Restoration & Development

New Emergency Response Vehicle

Facility Restoration & Development

New Vammas Snow Removal Unit

Facility Restoration & Development

New Specialized Pavement De-icing Unit

Land Development

600,000 f² of aviation, cargo & distribution space developed . . . .

DEERFOOT SOUTH TRADE PARK

Trammel Crow Building A, B and C

DEERFOOT SOUTH TRADE PARK

Verus Partners Building Two

MCKNIGHT TRADE PARK

Shaw Hangar

MCKNIGHT TRADE PARK

Shaw Hangar

MCKNIGHT TRADE PARK

Corporate Express

BARLOW NORTH TRADE PARK

Hopewell Building A

BARLOW NORTH TRADE PARK

Enterprise Car Rental

BARLOW NORTH TRADE PARK

Avis Car Rental

MCCALL SOUTH TRADE PARK

Northgate/North Cariboo Expansion

MCCALL NORTH TRADE PARK

WestJet Headquarters - Under Construction

SILVERWING GOLFCOURSE

Opening Summer 2008

Smoke FreeTerminal

April 2007

Springbank Airport

“The Busiest LittleAirport in Canada”

Springbank Airport

airport in Canada (movement)

General aviation/flight training facility

6th busiest

Springbank Airport

$26 Million investment by the Authority

Certified ILS

More upgrades to come

Moving Ahead . . . . .

Ten Year Development Plan

4.4 Million passengers added in 5 years

Growth rate will slow but remain positive

Planning Framework

Ten Year Development Plan

Investment Plan

TEN YEARS

$ 3 BILLION

Investment Plan

Ten Year Development Plan

NEAR-TERM:

Concourse B/CBaggage System ExpansionCIS Expansion

NEAR-TERM

Ten Year Development Plan

NEAR-TERM:

Concourse A Bridge Replacement & AdditionsAircraft Apron SpacePre Board Screening Area Expansion

NEAR-TERM

Ten Year Development Plan

NEAR-TERM:

Roadway ImprovementsSurface Parking2000 stall addition (3rd) to car parkade

NEAR-TERM

Ten Year Development Plan

NEAR-TERM:

Land servicing to support expansion of cargo & logistics businessesMajor equipment additions to improve efficiency

NEAR-TERM

Ten Year Development Plan

INTERNATIONAL FACILITIESPROJECT:

Dedicated Int’l/Transborder Concourse20 new gates

INTERNATIONAL FACILITIESPROJECT:

Ten Year Development Plan

INTERNATIONAL FACILITIESPROJECT:

Complete in 2015$1.3 Billion

INTERNATIONAL FACILITIESPROJECT:

Ten Year Development Plan

INTERNATIONAL FACILITIESPROJECT:Major focus on sustainable development

Fit with “Green Airport” initiativeReduced energy consumptionEnvironmentally friendly materialsMaximum use of solar energy

INTERNATIONAL FACILITIESPROJECT:

International FacilitiesProject

Ten Year Development Plan

4th RUNWAY:

14,000 ft.Code “F” capableIn-Service 2014$500 Million

4TH RUNWAY:

Major DevelopmentPresent - 2015

In Conclusion . . . .

Many thanks to

Airport Authority StaffBoard of DirectorsOur White Hat VolunteersOur many Partners & Stakeholders

In Conclusion . . . .

Successfully accomplishing ourMandate

Airport Operation & ExpansionEconomic Development

YYC & YBWYYC & YBW““Airports in MotionAirports in Motion””

THANK YOU