MIA Americas New Global Gateway GREATER MIAMI AVIATION

MIA: America’s New Global Gateway GREATER MIAMI AVIATION ASSOCIATION July 12, 2017 Presented by Emilio T. González Director and CEO Miami-Dade Aviation Department

MIA BY THE NUMBERS Economic Powerhouse ∙ Industry Leader ∙ International Brand 1 MIA’s ranking among U. S. airports for int’l freight 1 MIA’s ranking among U. S airports in total carriers - only U. S. airport to offer passenger and cargo service on 100+ different carriers 3 MIA’s ranking among U. S. airports for int’l passengers 33. 7 MIA’s regional economic impact measured in billions of dollars 37. 5 Number of direct jobs at MIA measured in thousands 40 Percentage of Florida’s total international trade value handled through MIA 57. 3 Value of MIA’s imports and exports in billions of dollars 44. 6 MIA’s passenger total measured in millions – 7 th consecutive record year 65 Percentage of int’l visitors to FL who travel through MIA 96 Percentage of Miami visitors who arrive by air 282 Number of direct, indirect & related jobs supported by MIA measured in thousands

MIA Passenger Growth (in millions) 44. 6 45 44. 3 40. 5 40. 9 39. 5 40 38. 3 35. 7 35 33. 9 33. 6 33. 7 33. 9 32. 5 31. 7 31. 1 30 30 34 29. 6 30. 1 3 Forecasted growth of 1. 6% annually from 2016 - 2022 16 20 15 20 14 20 13 20 12 20 11 20 10 20 09 20 08 20 07 20 06 20 05 20 04 20 03 20 02 20 01 20 00 20 99 19 19 98 25

MIA Cargo Growth (in millions of tons) 2. 5 2. 07 2 1. 94 1. 99 2. 0 2011 2. 20 2. 17 2. 18 2012 2013 2014 2015 2016 1. 67 1. 5 1 0. 5 0 2007 4 2008 2009

GLOBAL ROUTE NETWORK Economic Powerhouse ∙ Industry Leader ∙ International Brand 163 Passenger Destinations 106 Freight-Only Destinations

NEW 2016 -2017 AIR SERVICE Economic Powerhouse ∙ Industry Leader ∙ International Brand NEW INT’l DESTINATIONS: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Bimini, Bahamas Cologne, Germany Copenhagen, Denmark Dublin (September) Guadalajara, Mexico Oslo, Norway Paramaribo, Suriname Reykjavik, Iceland Stockholm (October) Tel Aviv (November) Tortola, BVI (2017) Varadero, Cuba FUTURE TARGETS: • Asia • Africa NEW INT’L CARRIERS: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. Aero. Union (cargo) Dominican Wings Eurowings KF Cargo Northern Air Cargo PAWA Dominicana Scandinavian Airlines Silver Airways Surinam Airways 21 Air (cargo) Volaris (February 1, 2017) First Air (February 4, 2017) WOW Air (April 5, 2017) Avianca Brasil (June 24, 2017) BVI Airways (2017) Aer Lingus (September 2017) EL AL Israel Airlines (Nov. ‘ 17)

AIR CARGO AND TRADE STATISTICS Economic Powerhouse ∙ Industry Leader ∙ International Brand § Nearly 2. 2 million total U. S. tons handled in 2016 § Total tonnage up 5. 8% through May; Mexico: 308%; Middle East: 114%; Europe: 11% § Miami-Dade air imports and exports valued at $57. 3 billion § 82% total volume on freighters; 18% on belly cargo § 83% of imports & 79% of exports between Latin American/ Caribbean region and USA § Leading imports: perishable products § Fast-growing commodities: imports/exports of pharmaceutical products § Leading exports: high technology goods; computers & peripherals; air/spacecraft parts; telecommunications equipment; industrial machines

LEADING U. S. AIRPORT FOR PERISHABLES Economic Powerhouse ∙ Industry Leader ∙ International Brand TOTAL FLOWERS 241, 049 U. S. Tons TOTAL FRUITS & VEGETABLES 228, 212 U. S. Tons TOTAL PERISHABLE PRODUCTS 846, 787 U. S. Tons TOTAL FISH / SEAFOOD 352, 564 U. S. Tons

CARGO INITIATIVES Economic Powerhouse ∙ Industry Leader ∙ International Brand PHARMA HUB • • 1 ST IATA-designated pharma hub in the U. S. , 2 nd worldwide Designed to increase airport business and Florida pharma industry Co-founded Pharma. Aero to establish strategic global pharma routes Pharma freight value at MIA up from $1. 8 B in 2010 to $4. 4 B in 2016 FOREIGN TRADE ZONE • • Application projected for approval this year by U. S. Commerce Dept. Innovative concept will allow manufacturers to operate in duty-free environment Tariffs will be deferred, reduced or eliminated Vacant real estate will become a revenue and job generator OCEAN-TO-AIR PERISHABLES TRANS-SHIPMENT PILOT PROGRAM • • Florida’s 1 st such program, launched in early 2017 Perishable freight arrives by sea, is trucked to MIA, departs by air Expedited air transport for perishable products without paying duties Expands cargo business for MIA and Florida’s ports

CARGO INITIATIVES Economic Powerhouse ∙ Industry Leader ∙ International Brand E-COMMERCE • • • Strategy to position MIA for e-commerce revolution Infrastructure development for distribution centers on or near airport Prepare business community CARGO OPTIMIZATION, REDEVELOPMENT AND EXPANSION (CORE) PROGRAM • Three-phase plan to double MIA’s existing capacity to 4 M annual tons of cargo • Maximize current use of facilities • Redevelop and modernize infrastructure using latest concepts and technologies AUTOMATION • • E-Air Waybill (e-AWB): replaces manual paper data entry with digital system Automated Commercial Environment (ACE) Program Air Cargo Advance Screening (ACAS) Real-time online cargo flight tracker launch this month

ASIAN CARGO GROWTH Economic Powerhouse ∙ Industry Leader ∙ International Brand 100, 000 80, 000 60, 000 40, 000 83, 761 +215% 26, 567 20, 000 0 2005 2016