EFTA01955078

To: Jeffrey Epstein eevacation mail.corn] Cc: Larry Visoski From: Richard Kahn Sent Wed 9/18/2013 7:42:28 PM Subject Gil Update Attached is email from Gary our broker on GIIB potential buyer Pursuant to Engines we have identified the following engines (all located in CA) to purchase: a) ESN 8965 cal due 10/1/2014 - $115,000 b) ESN 8994 cal due 3/1/2015 - $115,000 c) ESN 8914 cal due 10/1/2015 - $140,000 d) ESN 8964 cal due 10/31/2015 - $145,000 e) ESN 8949 cal due 10/1/2017 - $230,000 Estimated costs associated with engine install if we purchase any of above engines arc as follows: shipping new and old engines 17,000 engine remove and replace 43,000 mist unknowns 5,000 total estimated additional install costs 65,000 (big unknown will be how many isolators need to be replaced) Other factors to consider for sale of GIIB vs purchase of new engine are as follows: a) Annual Fixed Cost for GIIB is 100,000 (insurance 40k, training 30k & parking 30k) Please note that this does not include Maintenance which is our big variable b) October 2014 - 24 month maintenance due estimated at 100,000 c) July 2015 - other GIIB engine purchased calendars out d) December 2015 - Stage 2 Ban will require hush kits at estimated cost of 750,000 attached are links provided by Larry which talk about stage 3 and hush kits http:..'WWW.cp acrospace.com/noise report.ht to http:.., WV. IA .ainonline.com/aviat ion-news. a‘ iat ion-in t erna t ional-news 2013-08-04 tha-stage-2- noise-ban-rale-bars-older-jets-us e) Gary commission on sale of GIIB will be 40,000 0 Per LV we can park GIIB in Milville, NJ (Dallas Airmotive facility) and they are also capable of doing engine r&r so plane will hot have to move once we make our decision Please advise on how to proceed with sale of GLIB vs purchase of engines Richard Kahn HBRK Associates Inc. 575 Lexington Avenue, 4th Floor, New York, New York 10022 tea EFTA_R1_00424925 EFTA01955078 cell Begin forwarded message: From: Gary Anzalone Dat • r 1 2 1 • • DT To: Cc: Rich Kahn Subject: Re: R Larry, I just met with the GIIB buyer. They are very interested in the Aircraft, but they are not where we want them on the numbers. They are looking at GIII sn 300 which is stage III compliant, and they are also still trying to unload the part-out trade. I will continue to work them, and a couple other prospects, but I also believe that we need to run a price reduction ad. $799k is too high in consideration of the pending engine, and it is actually too high with one of the replacement engines. We should really be running ads at $499K as-is. We are better off to advertise aggressively and then offer smaller concessions. If we are priced to high we are not going to get the calls! What do you think? Gary Anzalone - Managing Partner LLC On Wcd, Sep 18, 2013 at 4:29 PM, wrote: Gary said he is still working the buyer, Gary is there an offer as is before we purchase this engine? Pls copy Richard Kahn CFO on this email. Need update today Thr Larry Sent via BlackBerry by AT&T EFTA_R1_00424926 EFTA01955079 From: Richard Kahn Date: Tue 17 Se 2013 14:43:12 -0400 To: Subject: Re: RR spey i hope to reach out to him later today or tomorrow any word on Gil 400k+ offer? Richard Kahn HBRK Associates Inc. 575 Lexington Avenue, 4th Floor, New York New York 10022 tel fa cell On Sep 17, 2013, at 1:46 PM, wrote: He's pushy Sent via BlackBerry by AT&T From: "Norm Hill" Dat • 13 10:39:38 -0700 To: Subject: RR spey At this low price for ESN 8994, you should make a deposit, because it is getting a lot of interest now. How are you doing on your end? Thanks Larry, Norm <imagc003.jpg> 5999 Curtis P1 California City, CA 93505 Office Cell Fax EFTA_R1_00424927 EFTA01955080