Annual & Hourly Cost Detail

CL604 vs Legacy 600

Annual & Hourly Cost Detail Bombardier Challenger 604 GENERAL PARAMETERS Min Crew / Max Passengers 2 / 9 Seats Full Range (NM / SM) 3862.24 / 4441.58 Normal Cruise Speed (KTS / MPH) 463.59 / 533.13 Average Pre-Owned Price $9,025,000.00 PAYMENT SCHEDULE Interest Rate 0.00% Payment Period Monthly Term of Loan 120.00 Loan $0.00 Monthly Lease $0.00 Payment Per Period $0.00 Period Number 0.00 Principal Amount $0.00 Interest Amount $0.00 ANNUAL FIXED COSTS Crew Expense $231,750.00 Crew Training $69,380.80 Hangar $80,000.00 Insurance $35,000.00 Aircraft Misc. $28,500.00 Management / Marketing Fee $0.00 Payment / Capital Cost $0.00 Original Aircraft Cost $0.00 Annual Value Depreciation(%) 0.00 Term of Ownership 0.00 Average Depreciation / Year $0.00 Total Fixed Cost W/O Charter $444,630.80 BUDGET BY PERCENTAGES Fuel Cost (%) 45.54 Airframe Maintenance 7.58 Engine / APU Maintenance (%) 11.25 Crew Misc. / Part 91 (%) 8.53 Crew Expense (%) 14.13 Crew Training (%) 4.23 Hangar (%) 4.88 Insurance (%) 2.13 Aircraft Misc. (%) 1.74 Management / Marketing Fee (%) 0.00 Payment / Capital Cost (%) 0.00 Average Depreciation / Year (%) 0.00 Total Percentages 100.00 Annual Owner Hours 400 Fuel Cost Per Gallon $5.80 OWNER HOURLY COST ANALYSIS Fuel Usage (Gallons / Hour ) 322.00 Fuel Cost Per Hour $1,867.60 Fuel Cost Per Gallon $5.80 Airframe Maintenance $311.05 Engine / APU Maintenance $461.22 Total Maintenance $772.27 Crew Misc. / Part 91 $350.00 Total Variable Cost Per Hour $2,989.87 Total Fixed Cost W/O Charter $1,111.58 Total Hourly Cost W/O Charter $4,101.45 ANNUAL BUDGET Annual Owner Hours 400 Annual Budget $1,640,578.80 MONTHLY BUDGET Monthly Hours 33 Monthly Budget $136,714.90 ANNUAL VARIABLE COSTS Fuel Gallons / Part 91 128,800.00 Fuel Cost / Part 91 $747,040.00 Maintenance $124,420.00 Engine/APU Maintenance/Part 91 $184,488.00 Crew Misc. / Part 91 $140,000.00 Total Variable Cost $1,195,948.00 NOTES

Annual Operational Summary Bombardier Challenger 604 TRIP COST CALCULATOR Trip Distance (SM) 0.00 Block Speed (MPH) 485.52 Trip Time (Hours) 0 Variable Cost / Hour $0.00 Total Trip Cost $0.00 Total Hours Saved 0.00 Commercial Air & Overnight Costs $0.00 Value / Hour / Executive $0.00 Number of Executives 0.00 All- In Savings $0.00 Private Aircraft Expense $0.00 Total Costs Savings $0.00 Cost Savings Per Hour $0.00 ANNUAL OPERATIONAL COST SUMMARY Fixed Cost $444,630.80 Variable Cost $1,195,948.00 Net Annual Cost $1,640,578.80 Owner Hours Flown 400.00 Owner Cost / Hour W/O Charter $4,101.45 MONTHLY BUDGET Revenue / Hour $0.00 Variable Cost / Hour $2,989.87 Gross Profit / Charter Hour $0.00 DEPRECIATION CALCULATOR Full Price of Aircraft $0.00 Year 1 2 3 4 5 6 7 8 Rate (%) 14.29 24.49 17.49 12.49 8.93 8.92 8.93 4.46 Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Depreciation Value 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cumulative Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Adjusted Cost / Hour 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 The schedule above reflects commonly used aircraft tax depreciation rates. These may or may not be applicable to your individual situation. The adjusted cost per hour is based on a 40% tax rate. However, we would advise you to consult with a tax professional familiar with aircraft depreciation guidelines and how they relate to your own business circumstances.

Bombardier Challenger 604 Large Jets BASIC VARIABLE COST DATA Variable Cost Per Hour Components Airframe Maintenance Per Hour 311.05 Engine / APU Maintenance Per Hour 461.22 Fuel Cost based on Gallons Per Hour $1,867.60 Total Variable Cost Per Hour 2,989.87 ADDITIONAL AIRCRAFT INFORMATION Minimum Crew / Maximum Passengers 2 / 9 Baggage Capacity External / Internal (Cubic Feet) 0 / 115 Cabin Height (Feet) 6'1" Cabin Width (Feet) 8'2" Cabin Length (Feet) 28'5" Cabin Volume (Cubic Feet) 1408.00 Years in Production 1995-2007 Active Fleet (approximate) 363.00 Average Pre-Owned Asking Price $9,025,000.00 BASIC AIRCRAFT PERFORMANCE DATA Seats Full Range (NM / SM) 3862 / 4442 Ferry Range (No Payload) (NM / SM) 4160 / 4784 Balance Field Length* (Take-off Distance in Feet) 5822.65 Landing Distance (Feet) 3,975 Average Block Speed (KTS / MPH) 422 / 485 Normal Cruise Speed (KTS / MPH) 464 / 533 Long Range Cruise Speed (KTS / MPH) 429 / 493 Fuel Usage (Gallons Per Hour) 322.00 Service Ceiling (Feet) 41000.00 Useful Payload With Full Fuel 1,276 *Consideration must also be given to, but not limited to: passenger weights, baggage weight, winds, runway length, temperature and airport elevation. Data and dimensions shown may vary slightly and are subject to change.

Interior/Exterior Floorplan/Cross Section Bombardier Challenger 604

Bombardier Challenger 604 Large Jets 4.9% 4.2% Fuel Cost Airframe Maintenance 14.1% 8.5% 11.2% 7.6% 45.5% Engine / APU Maintenance Crew Misc. / Part 91 Crew Expense Crew Training Hangar Insurance Aircraft Misc. Management Fee Payment / Capital Cost Average Depreciation / Year

Annual & Hourly Cost Detail Embraer Legacy 600 GENERAL PARAMETERS Min Crew / Max Passengers 2 / 13 Seats Full Range (NM / SM) 3250.00 / 3740.03 Normal Cruise Speed (KTS / MPH) 446.94 / 514.33 Average Pre-Owned Price $11,139,000.00 PAYMENT SCHEDULE Interest Rate 0.00% Payment Period Monthly Term of Loan 120.00 Loan $0.00 Monthly Lease $0.00 Payment Per Period $0.00 Period Number 0.00 Principal Amount $0.00 Interest Amount $0.00 ANNUAL FIXED COSTS Crew Expense $185,400.00 Crew Training $43,878.00 Hangar $45,000.00 Insurance $35,000.00 Aircraft Misc. $25,000.00 Management / Marketing Fee $0.00 Payment / Capital Cost $0.00 Original Aircraft Cost $0.00 Annual Value Depreciation(%) 0.00 Term of Ownership 0.00 Average Depreciation / Year $0.00 Total Fixed Cost W/O Charter $334,278.00 BUDGET BY PERCENTAGES Fuel Cost (%) 51.29 Airframe Maintenance 4.72 Engine / APU Maintenance (%) 15.65 Crew Misc. / Part 91 (%) 6.92 Crew Expense (%) 11.88 Crew Training (%) 2.81 Hangar (%) 2.88 Insurance (%) 2.24 Aircraft Misc. (%) 1.60 Management / Marketing Fee (%) 0.00 Payment / Capital Cost (%) 0.00 Average Depreciation / Year (%) 0.00 Total Percentages 100.00 Annual Owner Hours 400 Fuel Cost Per Gallon $5.80 OWNER HOURLY COST ANALYSIS Fuel Usage (Gallons / Hour ) 345.00 Fuel Cost Per Hour $2,001.00 Fuel Cost Per Gallon $5.80 Airframe Maintenance $184.27 Engine / APU Maintenance $610.48 Total Maintenance $794.75 Crew Misc. / Part 91 $270.00 Total Variable Cost Per Hour $3,065.75 Total Fixed Cost W/O Charter $835.70 Total Hourly Cost W/O Charter $3,901.45 ANNUAL BUDGET Annual Owner Hours 400 Annual Budget $1,560,578.00 MONTHLY BUDGET Monthly Hours 33 Monthly Budget $130,048.17 ANNUAL VARIABLE COSTS Fuel Gallons / Part 91 138,000.00 Fuel Cost / Part 91 $800,400.00 Maintenance $73,708.00 Engine/APU Maintenance/Part 91 $244,192.00 Crew Misc. / Part 91 $108,000.00 Total Variable Cost $1,226,300.00 NOTES

Annual Operational Summary Embraer Legacy 600 TRIP COST CALCULATOR Trip Distance (SM) 0.00 Block Speed (MPH) 514.33 Trip Time (Hours) 0 Variable Cost / Hour $0.00 Total Trip Cost $0.00 Total Hours Saved 0.00 Commercial Air & Overnight Costs $0.00 Value / Hour / Executive $0.00 Number of Executives 0.00 All- In Savings $0.00 Private Aircraft Expense $0.00 Total Costs Savings $0.00 Cost Savings Per Hour $0.00 ANNUAL OPERATIONAL COST SUMMARY Fixed Cost $334,278.00 Variable Cost $1,226,300.00 Net Annual Cost $1,560,578.00 Owner Hours Flown 400.00 Owner Cost / Hour W/O Charter $3,901.45 MONTHLY BUDGET Revenue / Hour $0.00 Variable Cost / Hour $3,065.75 Gross Profit / Charter Hour $0.00 DEPRECIATION CALCULATOR Full Price of Aircraft $0.00 Year 1 2 3 4 5 6 7 8 Rate (%) 14.29 24.49 17.49 12.49 8.93 8.92 8.93 4.46 Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Depreciation Value 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cumulative Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Adjusted Cost / Hour 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 The schedule above reflects commonly used aircraft tax depreciation rates. These may or may not be applicable to your individual situation. The adjusted cost per hour is based on a 40% tax rate. However, we would advise you to consult with a tax professional familiar with aircraft depreciation guidelines and how they relate to your own business circumstances.

Embraer Legacy 600 Super Mid Jets BASIC VARIABLE COST DATA Variable Cost Per Hour Components Airframe Maintenance Per Hour 184.27 Engine / APU Maintenance Per Hour 610.48 Fuel Cost based on Gallons Per Hour $2,001.00 Total Variable Cost Per Hour 3,065.75 ADDITIONAL AIRCRAFT INFORMATION Minimum Crew / Maximum Passengers 2 / 13 Baggage Capacity External / Internal (Cubic Feet) 0 / 286 Cabin Height (Feet) 6'0" Cabin Width (Feet) 6'11" Cabin Length (Feet) 49'9" Cabin Volume (Cubic Feet) 2066.70 Years in Production 2001-2010 Active Fleet (approximate) 172.00 Average Pre-Owned Asking Price $11,139,000.00 BASIC AIRCRAFT PERFORMANCE DATA Seats Full Range (NM / SM) 3250 / 3740 Ferry Range (No Payload) (NM / SM) 3600 / 4142 Balance Field Length* (Take-off Distance in Feet) 5614.00 Landing Distance (Feet) 2,683 Average Block Speed (KTS / MPH) 446 / 514 Normal Cruise Speed (KTS / MPH) 447 / 514 Long Range Cruise Speed (KTS / MPH) 428 / 492 Fuel Usage (Gallons Per Hour) 345.00 Service Ceiling (Feet) 41000.00 Useful Payload With Full Fuel 1,522 *Consideration must also be given to, but not limited to: passenger weights, baggage weight, winds, runway length, temperature and airport elevation. Data and dimensions shown may vary slightly and are subject to change.

Interior/Exterior Floorplan/Cross Section Embraer Legacy 600

Embraer Legacy 600 Super Mid Jets 6.9% 11.9% 15.6% 4.7% 51.3% Fuel Cost Airframe Maintenance Engine / APU Maintenance Crew Misc. / Part 91 Crew Expense Crew Training Hangar Insurance Aircraft Misc. Management Fee Payment / Capital Cost Average Depreciation / Year

Annual Operating Cost Summary Comparison TYPE Bombardier Challenger 604 Embraer Legacy 600 Owner Hours Per Year 400 400 Total Hours Per Year 400 400 Fuel Cost Per Gallon $5.80 $5.80 Total Fuel Gallons (Part 91) 128,800.00 138,000.00 ANNUAL VARIABLE COSTS Fuel Cost (Part 91) $747,040.00 $800,400.00 Airframe Maintenance(Part 91) $124,420.00 $73,708.00 Engine & APU Maintenance(Part 91) $184,488.00 $244,192.00 Crew Misc. (Part 91) $140,000.00 $108,000.00 Total Variable Cost $1,195,948.00 $1,226,300.00 ANNUAL FIXED COSTS Crew Expense $231,750.00 $185,400.00 Crew Training $69,380.80 $43,878.00 Hangar $80,000.00 $45,000.00 Insurance $35,000.00 $35,000.00 Aircraft Misc. $28,500.00 $25,000.00 Management /Marketing Fee $0.00 $0.00 Payment / Capital Cost $0.00 $0.00 Average Market Depreciaton / Year $0.00 $0.00 Total Cost W/O Charter $444,630.80 $334,278.00 ANNUAL BUDGET Annual Hours / Part 91 400 400 Annual Budget W/O Charter $1,640,578.80 $1,560,578.00 MONTHLY BUDGET Monthly Budget W/O Charter $136,714.90 $130,048.17 HOURLY COSTS Owner Hourly Rate W/O Charter $4,101.45 $3,901.45

Aircraft Specifications Comparison Report TYPE Bombardier Challenger 604 Embraer Legacy 600 BASIC VARIABLE COST DATA Variable Cost Per Hour Components Airframe Maintenance Per Hour $311.05 $184.27 Engine / APU Maintenance Per Hour $461.22 $610.48 Fuel Cost based on Gallons Per Hour $1,867.60 $2,001.00 Total Variable Cost Per Hour $2,989.87 $3,065.75 ADDITIONAL AIRCRAFT INFORMATION Minimum Crew / Maximum Passengers 2 / 9 2 / 13 Baggage Capacity External / Internal (Cubic Feet) 0 / 115 0 / 286 Cabin Height (Feet) 6'1" 6'0" Cabin Width (Feet) 8'2" 6'11" Cabin Length (Feet) 28'5" 49'9" Cabin Volume (Cubic Feet) 1408.00 2066.70 Years in Production 1995-2007 2001-2010 Active Fleet (approximate) 363.00 172.00 Average Pre-Owned Asking Price $9,025,000.00 $11,139,000.00 BASIC AIRCRAFT PERFORMANCE DATA Seats Full Range (NM / SM) 3862 / 4442 3250 / 3740 Ferry Range (No Payload) (NM / SM) 4160 / 4784 3600 / 4142 Balance Field Length* (Take-off Distance in Feet) 5822.65 5614.00 Landing Distance (Feet) 3,975 2,683 Average Block Speed (KTS / MPH) 422 / 485 446 / 514 Normal Cruise Speed (KTS / MPH) 464 / 533 447 / 514 Long Range Cruise Speed (KTS / MPH) 429 / 493 428 / 492 Fuel Usage (GPH) 322.00 345.00 Service Ceiling (Feet) 41000.00 41000.00 Useful Payload With Full Fuel 1,276 1,522 *Consideration must also be given to, but not limited to: passenger weights, baggage weight, winds, runway length, temperature and airport elevation. Data and dimensions shown may vary slightly and are subject to change.

Range Map Report Model Category Radius Bombardier Challenger 604 Large Jets 3862.24 NM Embraer Legacy 600 Super Mid Jets 3250.00 NM Map data 2014 Google, INEGI Terms of Use Note: For Jets & Turboprops "Seats Full Range" represents the maximum IFR range of the aircraft at Long Range Cruise with all passenger seats occupied. ACC assumes NBAA IFR alternate fuel reserve calculation for a 200 nautical mile alternate. Does not include winds aloft or any other weather related obstacles.