FALCON 2000 FRACTIONAL OWNERSHIP PROGRAM

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2 PROGRAM OVERVIEW THE FULL OWNERSHIP EXPERIENCE. A FRACTION OF THE PRICE. With the Dumont JETS fractional ownership program, you can enjoy the full experience of owning an aircraft while sharing the cost of the valuable asset. Our team of aviation experts handle the complexities of aircraft management so you can enjoy a simplified private travel experience. EXCLUSIVE TRAVEL EXPERIENCE Ideal for Small Group Travel Business Use Family Excursions PROGRAM BENEFITS Lower Monthly Costs than Full Ownership Regional Program Drives Cost of Operation Down Fraction Based on Days of the Year Instead of Limitation of Hours Access to Other Planes in the Dumont JETS Fleet Wyvern / Argus Standards Cash Out of Equity at the End of Program Page 2

3 AIRCRAFT OVERVIEW AIRCRAFT HIGHLIGHTS Highly Desired Year of Manufacture: 2000 (or newer) Refurbished 2017 Accommodates 10 Passengers The Falcon 2000 delivers high-performance, wide-body, large-cabin business jets. Produced by Dassault Aviation, the Falcon 2000 offers the best-in-class combination of speed, range, capacity, comfort and efficiency. With a wide-body, flat-floor cabin design that is 7 8 wide with 6 2 of stand-up cabin space, the Falcon 2000 is a comfortable intercontinental-range business aircraft selection. Configured for 10 passengers, with capacity for a cabin attendant, accommodations include a fully equipped forward galley, completely private aft lavatory and in-flight accessible baggage compartment that offers 134 cubic feet of luggage capacity and wardrobe storage. Member in-flight productivity and entertainment is promoted by the latest cabin technology options, such as unlimited Gogo Wi-Fi, personal device text & talk capabilities, worldwide wireless satellite flight phone system, Airshow 500 Flight Information System with dual LCD widescreen monitors, and Blu-Ray/DVD/CD player. Powering this aircraft are two CFE B high-efficiency turbofan engines that offer excellent performance and dependability. The superior fuel efficiency of the Falcon 2000 can economically achieve speeds of 529 MPH, cruise at an altitude of 47,000 feet, and has a range of over 3,000 miles. When you take your boardroom to the sky with the Dassault Falcon 2000, you will appreciate the highest standards of safety, as well as the benefits of proven reliability. Page 3

4 AIRCRAFT SPECIFICATIONS & PERFORMANCE ENGINES Manufacturer Model Thrust CFE CFE B 5,888 lbs. DIMENSIONS Length 66 4 Width 63 5 Height 23 6 INTERIOR Passenger Cabin Length 26 1 Passenger Cabin Width 7 8 Passenger Cabin Height 6 2 ACCOMMODATIONS Passengers 10 Cabin Volume Baggage Volume 1,024 Cubic Feet 134 Cubic Feet WEIGHTS (lbs.) Maximum Ramp 36,700 Maximum Take-Off 36,500 Maximum Landing 34,500 Basic Operating 23,000 Maximum Useful Load 13,700 Maximum Fuel 12,099 PERFORMANCE Normal Cruise Speed Maximum Range Maximum Cruise Altitude 460 KTAS 3,213 NM 47,000 Feet Page 4

5 MANAGEMENT SERVICES PROPOSAL /8 SHARE Acquisition Cost $ 750,000 Total Monthly Fixed Expenses $ 12,300 HOURLY AIRCRAFT OPERATING COST Occupied and Repositioning Rate $ 3,150 Fuel Adjustment $ 350 Total Occupied and Repositioning Rate $ 3,500 One-Way Rate $ 5,050 Fuel Adjustment $ 600 Total One-Way Rate $ 5,650 FLIGHT CREW EXPENSES Per Diem for Full Crew (by the hour) $ 74 Remain Over Night (maximum charge) $ 592 LANDING AND HANDLING CHARGES Airport and Terminal Fees per Landing (pass through) $ 275 AIRCRAFT AVAILABILITY Days per Contract Year 45 TAXES Federal transportation taxes are included in the above costs. Some costs and fees may be subject to state sales or use tax. AIRCRAFT AND CREW CONSIDERATIONS Flight crew reimbursements for travel and lodging expenses, landing fees and international handling fees shall be charged back at cost. ONE-WAY RATE Outbound one-way flights must originate from Dumont base and inbound one-way flights must end at the Dumont base. COST ADJUSTMENTS All fixed and operating costs for services provided by Dumont are subject to review and adjustments each July first for insurance costs and each January First for all other costs. Adjustments, with the exception of fuel and insurance, are not anticipated to exceed the consumer price index for the previous calendar year. Fuel and Insurance cost adjustments shall be at actual cost changes only as they occur. Page 5

6 SUMMARY OF ESTIMATED NET ANNUAL OPERATION CASH FLOW 1/8 SHARE HOURS PER YEAR (20% ONE WAY) Year 1 Year 2 Year 3 Year 4 Year 5 Totals Acquisition Cost Share Price $ 750,000 $ - $ - $ - $ - $ 750,000 Subtotal $ 750,000 $ - $ - $ - $ - $ 750,000 Indirect Operating Costs Total Fixed Expenses $ 147,600 $ 147,600 $ 147,600 $ 147,600 $ 147,600 $ 738,000 Direct Operating Costs Hourly Aircraft Operating Cost $ 353,000 $ 353,000 $ 353,000 $ 353,000 $ 353,000 $ 1,765,000 Fuel Adjustment Cost 40,000 40,000 40,000 40,000 40, ,000 Flight Crew Per Diem 14,060 14,060 14,060 14,060 14,060 70,300 Flight Crew RON Cost 11,840 11,840 11,840 11,840 11,840 59,200 Landing and Handling Charges 12,375 12,375 12,375 12,375 12,375 61,875 Subtotal $ 431,275 $ 431,275 $ 431,275 $ 431,275 $ 431,275 $ 2,156,375 Deductible Expenses Aircraft Depreciation $ 750,000 $ - $ - $ - $ - $ 750,000 Total Operating Cost 578, , , , ,875 2,894,375 Total Deductible Expenses $ 1,328,875 $ 578,875 $ 578,875 $ 578,875 $ 578,875 $ 3,644,375 Business Use 100% $ 1,328,875 $ 578,875 $ 578,875 $ 578,875 $ 578,875 $ 3,644,375 Estimated Tax Savings 37% $ 491,684 $ 214,184 $ 214,184 $ 214,184 $ 214,184 $ 1,348,419 Total Acquisition Cost $ 750,000 $ - $ - $ - $ - $ 750,000 Total Operating Cost $ 578,875 $ 578,875 $ 578,875 $ 578,875 $ 578,875 $ 2,894,375 Estimated Tax Savings $ 491,684 $ 214,184 $ 214,184 $ 214,184 $ 214,184 $ 1,348,419 Net Annual Operating Cash Flow $ 837,191 $ 364,691 $ 364,691 $ 364,691 $ 364,691 $ 2,295,956 Average per Month $ 38,266 Average per Hour $ 4,592 DISCLAIMER The financial information presented above and elsewhere in this document is for illustration purposes only and is based on assumptions that may change, become inaccurate or which may not be applicable for every aircraft owner. Such information is not an indication, representation or guarantee of actual revenue, costs, performance or results; actual revenue, costs, performance and results may vary materially. Purchasing and owning a fractional interest in an aircraft involves risks, variables, costs and uncertainties. Always consult your independent professional advisors, including your tax advisor, before making a decision to purchase a fractional interest. Page 6

7 SUMMARY OF ESTIMATED NET ANNUAL OPERATION CASH FLOW 1/8 SHARE - 50 HOURS PER YEAR (20% ONE WAY) Year 1 Year 2 Year 3 Year 4 Year 5 Totals Acquisition Cost Share Price $ 750,000 $ - $ - $ - $ - $ 750,000 Subtotal $ 750,000 $ - $ - $ - $ - $ 750,000 Indirect Operating Costs Total Fixed Expenses $ 147,600 $ 147,600 $ 147,600 $ 147,600 $ 147,600 $ 738,000 Direct Operating Costs Hourly Aircraft Operating Cost $ 176,500 $ 176,500 $ 176,500 $ 176,500 $ 176,500 $ 882,500 Fuel Adjustment Cost 20,000 20,000 20,000 20,000 20, ,000 Flight Crew Per Diem 10,360 10,360 10,360 10,360 10,360 51,800 Flight Crew RON Cost 11,840 11,840 11,840 11,840 11,840 59,200 Landing and Handling Charges 12,375 12,375 12,375 12,375 12,375 61,875 Subtotal $ 231,075 $ 231,075 $ 231,075 $ 231,075 $ 231,075 $ 1,155,375 Deductible Expenses Aircraft Depreciation $ 750,000 $ - $ - $ - $ - $ 750,000 Total Operating Cost 378, , , , ,675 1,893,375 Total Deductible Expenses $ 1,128,675 $ 378,675 $ 378,675 $ 378,675 $ 378,675 $ 2,643,375 Business Use 100% $ 1,128,675 $ 378,675 $ 378,675 $ 378,675 $ 378,675 $ 2,643,375 Estimated Tax Savings 37% $ 417,610 $ 140,110 $ 140,110 $ 140,110 $ 140,110 $ 978,049 Total Acquisition Cost $ 750,000 $ - $ - $ - $ - $ 750,000 Total Operating Cost $ 378,675 $ 378,675 $ 378,675 $ 378,675 $ 378,675 $ 1,893,375 Estimated Tax Savings $ 417,610 $ 140,110 $ 140,110 $ 140,110 $ 140,110 $ 978,049 Net Annual Operating Cash Flow $ 711,065 $ 238,565 $ 238,565 $ 238,565 $ 238,565 $ 1,665,326 Average per Month $ 27,755 Average per Hour $ 6,661 Page 7

8 SAMPLE TRIPS BED ILG DAL ISM OPF TRIP 1: Delaware - Boston, MA Area ILG - BED One Way Rate Round Trip (4 Days) Flight Billing Crew Expenses $215 $429 Total $5,575 $8,780 TRIP 2: Delaware - Kissimmee, FL ILG - ISM One Way Rate Round Trip (4 Days) Flight Billing Crew Expenses $296 $592 Total $11,871 $16,643 TRIP 3: Delaware - Miami, FL ILG - OPF One Way Rate Round Trip (4 Days) Flight Billing Crew Expenses $318 $636 Total $13,588 $18,787 TRIP 4: Delaware - Dallas, TX ILG - DAL One Way Rate Round Trip (4 Days) Flight Billing Crew Expenses $355 $710 Total $16,450 $22,361 Page 8

9 SAMPLE TRIPS ILG VNY SJD PLS SXM TRIP 5: Delaware - St. Maarten ILG - SXM One Way Rate Round Trip (4 Days) Flight Billing Crew Expenses $429 $858 Handling $1,500 $1,500 Total $23,399 $30,734 TRIP 6: Delaware - Turks and Caicos ILG - PLS One Way Rate Round Trip (4 Days) Flight Billing Crew Expenses $370 $733 Handling $1,500 $1,500 Total $18,820 $24,659 TRIP 7: Delaware - Los Angeles, CA Area ILG - VNY One Way Rate Round Trip (4 Days) Flight Billing Crew Expenses $555 $1,110 Total $31,905 $41,661 TRIP 8: Delaware - Los Cabos, MX ILG - SJD One Way Rate Round Trip (4 Days) Flight Billing Crew Expenses $533 $1,066 Handling $2,500 $2,500 Total $32,413 $41,742 Page 9