Text extracted via OCR from the original document. May contain errors from the scanning process.
From Tarak,
Sent via BlackBerry by AT&T
Cc: Mohamed Dobashi
Mohammed Althani
Dear Don
; Larry Visoski
Thanks for your email & we would like to inform that we can offer 4 Million $ with the
exclude of the Direct TN but to be included
airshow with four TV monitors in Fwd salon, round room, bed room and office
Thanks for your support & understanding
Waiting to hear from you
With best regards / Mit freundlichen GrUssen
Tarek M El Sayed
Aamal Company Q.S.0
Managing Director
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P.O Box 22477 Doha Qatar
invw.aamat com.qa
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Cc: Mohamed Dobashi; Larry Visoski
Dear Tarek,
On behalf of the owner of the above referenced aircraft, JEGE, Inc., we appreciate your interest
in the aircraft and the offer that you have made.
As we have discussed, this aircraft represents the highest level of modification that is possible to
the Boeing 727-100 airframe.
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The engines, airframe, fuel tanks, interior, and avionics have all been upgraded as follows:
Pratt & Whitney Valsan Engine Conversion: A 35% increase in sea level thrust comes from the
installation of new, zero time, fuel efficient Pratt & Whitney 219 engines. This includes newly
designed, aerodynamic engine pylons, the conversion to hydraulic from pneumatic thrust reversers
on the Number 1 and Number 3 engines as well as a Stage 3 hushkit for the Number 2 engine.
The modification has a cost of 14,000,000M.
Quiet Wing Technology Winglets: are installed providing a 5% increase in range while improving
climb performance and reducing specific fuel consumption. The current Boeing Business Jet is
equipped with similar wingIcts. This modification has a cost of $750,000.
Rogerson Fuel Tanks: Increase the range of the aircraft by almost 100%. Originally the aircraft
had a range of 4.0 to 4.5 hours. With these Long Range Fuel Tanks the range is increased to 8.0
hours. The cost to install these tanks is 1,200,000M.
The Industry Leading Page Avjet Interior and Avionics Modification: offers significant
improvements to the interior in terms of cabin noise levels, interior design and function
improvements as well as improved access for maintenance thus reducing labor costs significantly.
The industry leading ISO — Mount technology literally suspends the interior shell of the aircraft
reducing noise and vibration levels by as much as 30%.
Additionally, the aircraft offers other "Passive Noise Cancelling Technology" including
attenuation of the Number 1 and Number 2 hydraulic systems originally designed by Otto
Probance of Allied Department Stores.
Included in the Page Avjet Interior STC modification was the Honeywell 4 Tube EFIS System.
EFIS reduces cockpit workload and improves safety and reliability.
This interior and avionics modification has a total cost of $6,800,000.
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Forward Executive Airstair Modification: This modification provides "one touch" deployment and
retraction of the forward executive airstair. This allows V.I.P. access without the use of the rear
airstair or a ground based mobile stairway. This modification has a cost of $750,000 and makes
SN 20115 one of the few aircraft to offer this capability.
As you are aware, the ownership history of a pre-owned aircraft has a significant impact on the
value of the aircraft from a residual value standpoint.
This aircraft has had only four owners. All of these owners have a long history of operating
aircraft with no financial limitations on ensuring proper maintenance and incorporating all of the
latest product improvements.
With over 23,000,000M invested in technological improvements to the aircraft and with an asking
price of 10,000,000M as recently as July of this year, we are confident of the value associated
with a purchase of this aircraft at a price of 6.0M.
However, in the interest of completing a sale to you, Tarek, and to His Highness Sheikh Al-Thani,
we would agree to a further reduced selling price of 5,000,000M — to include the 1,000,000M in
improvements as per the attached Exhibit A, that you have requested.
In addition, we will further include delivery of the aircraft to you with a fresh C2C inspection. A
cost to the Seller of an additional 400,000.
I am certain that you will not find a higher quality — nor a more attractively priced, comparable
aircraft on the market today.
We certainly understand that there are lesser quality aircraft available at lower acquisition prices
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should you decide to move in that direction.
Yours Sincerely,
Don Bass
Managing Partner
AVPRO Inc.
900 Bestgate Road, Suite 412
Annapolis, MD 21401
innwe.avproiets.com
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