Quarter-Share: This is the total amount of your initial investment and includes the initial purchase price for a quarter-share and an escrow deposit. A majority of this amount is recaptured when the quarter-share or the aircraft is sold. This amount includes the following items:

Initial Purchase ($700,000.00 per quarter-share, estimated)

Escrow of $25,000.00

Pre-purchase Inspection

FAA Conformity Inspection

Ferry Costs for Inspections

First Year Insurance

Initial Operating Expenses.

Initial Deposit: This is the total amount you must deposit to us to enter the program and includes the escrow payment (above) and a down payment towards the aircraft quarter-share price. You will own ¼ of a Pilatus PC-12 aircraft. This amount includes the following items:

Escrow Payments (see above)

Down Payment of $150,000.

Monthly Cost: The monthly cost of $4,609 represents the quarter-share cost of the annual fixed costs divided by 12 (see table below). This number will be updated periodically based on actual costs. The monthly costs will be collected and put into an escrow account. The actual costs will be paid from the escrow account. A monthly statement will be provided to each quarter-share owner.

Hourly Cost: The hourly cost of $663 was obtained from verified industry standard data (see table below). It is worth noting the following items:

Engine Restoration - We will collect money for engine restoration. We plan to participate in a program that warranties the engine. When the engine needs major inspections or overhaul then there is no additional cost to the owners. If the engine needs an overhaul prematurely, there is no cost to the owners. This mitigates some risk associated with engine maintenance and preserves the value of your quarter-share and the aircraft.

Annual Total Cost: The annual total cost assumes:

100 flight hours by each quarter-share owner.

The aircraft is chartered a total of 200 hours a year.

If the owner flies more or less than 100 hours a year then the annual cost will be different. It will be possible for a quarter-share owner to "sell" unused hours or "buy" additional hours at a discounted rate.

Financial Details

The cost for each item below was obtained from published industry data and verified with our own actual cost data. It represents historical costs data and should be accurate throughout the first year of operation. The numbers below are sensitive to the cost of fuel, which may change without notice.

Quarter Share Owner costs

Monthly Fixed Costs Item Cost Management Fee 750.00 Crew Salary 1,083.42 Benefits 361.14 Training 156.25 Hangar 729.17 Insurance 1,000.00 Modernization 264.58 Refurbishing 230.42 Airway Manuals 34.77 Monthly Fixed Cost 4,609.75

Direct Operating Costs Item Hourly Maintenance-Labor 60.00 Maintenance-Parts 62.00 Engine Restoration 92.00 Prop Overhaul 12.00 Fuel 300.00 Landing/Parking 12.00 Crew Expense 25.00 Operation Fee 100.00 Total Hourly Cost 663.00

Summary Costs

Item	Cost
Owner Flown Hours	100
Annual Direct Cost	66,300
Annual Total Cost	121,617
Charter Hours	50
Charter Rate	1,100
Revenue	55,000
Hourly Charter Profit	437
Total Owner Cost	99,767

Pilatus Description

Aircraft Performance

The Pilatus is a single-engine turboprop with a wide cabin and capacity for six to nine passengers, depending on the configuration. Practical performance values include: 1,500 nm range with six passengers. Cruise airspeed of 260 knots. Non-stopped from NYC to Miami. Minimum runway length of 2,500'. The published values in the table below are for specific conditions.

PC-12 Performance
Max Cruise Speed	270 Knots
Max Range	2,172 nm / 2,497 sm
Max Operating Altitude	30,000 ft
Takeoff Ground Roll	1,475 ft
Rate of Climb (MTOW)*	1,680 ft/min
Landing Ground roll (with thrust reverse)	945 feet
Certification	FAR 23, Amendment 42

Aircraft Capacity

The Pilatus is known for extraordinary carrying capacity. With a full payload and full fuel, the aircraft will fly 500 nm with a 1-hour fuel reserve. The cabin is very comfortable even with a full load of passengers and luggage. Max Payload of 2,475 Pounds Max Luggage Area of 400 Pounds 4' Wide Cargo Door

PC-12 Weights/Capacities
Max Ramp Weight	9,965 lb / 4,520 kg
Empty Weight	6,365 lb / 2,887 kg
Max Payload/Passenger load	2,475 lb / 1,197 kg
Usable Fuel	402 US gal / 1,522 liters

Aircraft Interior

The Pilatus interior is comparable to a light business jet. It is as wide as a King Air B200 making is spacious and comfortable. The aircraft interior features include: Executive Leather Interior 120 VAC Power Outlets Climate Control Refreshment Center Private Lavatory Large Aft Baggage Area

PC-12 Interior Dimensions
Cabin Volume*	330 cu ft / 9.34 cu m
Cabin Length*	16 ft 11 in / 5.16 m
Cabin Width	5 ft / 1.53 m
Cabin Height	4 ft 9 in / 1.45 m
Cargo Door Opening	53 in x 52 in / 1.35 m x 1.32 m
Passenger Door Opening	25 in x 53 in / 0.64 m x 1.35 m
Baggage Compartment*	40 cu ft / 1.13 cu m

Cockpit Technology

The Pilatus interior is comparable to a light business jet. The Pilatus cockpit has some of the latest technology that includes: Color Weather Radar IFR Global Positioning System Multi-Function Display Glass Cockpit Technology Single-Pilot Certified Dual-Pilot Capable Ground Proximity Warning System Traffic Collision Avoidance The aircraft is certified to fly with a single pilot and has full instrumentation to support two-pilot operations.

Seating and Baggage Capacity The Pilatus PC-12 is possibly one of the most versatile aircraft on the market today. From passenger luxury to baggage capacity, the versatility is unsurpassed in an aircraft offering such incredible range, speed, comfort and economy.