EFTA02434922

To: Jeffrey [email protected]] From: Sean J. Lancaster Sent: Fri 11/6/2009 3:51:02 PM Subject: RE: I have asked for the BBJ specs and data but was told we won't have the stuff until next week. I will convey the offer on the GV Best regards, Sean J. Lancaster Bristol Associates Inc. a direct 2+1-202-682-4000 ext 1130 Main Office m+ -Mobile "+1-540-301-0050 FAX www.bristolassociates.com This message may contain confidential and/or legally privileged mforrretion. If you are not the intended recipient of the message. please destroy it. Any unauthonzed chssemmetion. chstnbution or copying of the material In this message and any attachments to the message. is stnctty forbidden. (O2009 all fights reserved From: Jeffrey Epstein [mailtojeevacation@gmaitcom] Sent: Friday, November 06 2009 10:46 AM To: Subject: Re: send the details photos etc on the bbj. s .offer 19.5 for the p On Fri, Nov 6, 2009 at 9:24 AM, Scan J. Lancaster a wrote: EFTA_R1_01506741 EFTA02434922 Joe Carfagna just called me this morning to tell me that their deal where a potential trade on GV sn 592 was proposed has fallen apart. That aircraft is back on the market. The Netjets BBJ's are being offered with the remainder of the leases and a purchase at the end of the lease at fair market value. The $250K per month lease and the FMV are negotiable now. The current lease on the first aircraft expired Dec 2010 and the second Dec 2011. Joe is suggesting low $40.0 million range. Best regards, Sean J. Lancaster Bristol Associates Inc. ©+ direct 12+1-202-682-4000 ext 1130 Main Office m+ -Mobile §+1-540-301-0050 FAX 2 www.bristolassociates.com This message may contain confidential andior legally privileged infoonation. !frog arc nor the intended recipient of the message. please destroy 0. Any unauthorcedchssemmatton. distribution or copying of the material In ibis message. and any attachments to the message, is strictly forbidden. (ci 2009 011 rights reserved From: Sean J. Lancaster (mailto Sent: Tuesday, November 03 2009 12:16 PM To: 'Jeffrey Epstein' EFTA_R1_0 1506742 EFTA02434923 Subject: RE: Sensitivity: Confidential Subject: Sensitivity: Confidential Larry, thanks for the update on the 727. I agree with you that the STC and SFAR 88 compliance is huge in terms of our ability to move the aircraft. We do continued to get calls on the aircraft but the question on the fuel tanks is always an issue. Even if we deactivated them people are still confused by the FAA rules and shy away. I think the aircraft can be sold even in this market but pricing is an issue, We are offering the aircraft for $10.0 million right now and we need to reintroduce the aircraft as soon as the STC is complied with. I would like to run a new round of ads when that is done and we might want to review our pricing to $8.5 to $9.0 as the asking price. But in order to do this I need some help on the advertising invoice that I send as my boss will restrict my ability to buy ad's I do want to mention two things: The GV sn 592 is not sold it is back on the market as the buyer needs to trade an aircraft and Leading Edge is hesitant to take the trade. B of A will finance the trade so eventually the deal may go through. Netjets is shutting their BBJ operations this week. They have two 6000 hour aircraft that they are going to sell. Leading Edge is also the broker. I think that these aircraft will likely be sold in the low $40's maybe even in the 30 million dollar range. I am closing watching this situation and will keep you informed as Joe Carfagna called me just last night. EFTA_R1_01506743 EFTA02434924 Best regards, Sean J. Lancaster Bristol Associates Inc. CD direct 2+1-202-682-4000 ext 1130 Main Office CD Mobile 5+1-540-301-0050 FAX www,bristolassociates.com This message may ronlain confidential ant im legally privileged information. If you are not the intended recipient of the message. ➢lease destroy it. Any unauthorized dissemination. distribution or cooing of the material in this message. and any attachments to the message. is strictly forbidden. to 2009 all rights reserved *********************************************************** The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] and destroy this communication and all copies thereof, including all attachments. EFTA_R1_0 1506744 EFTA02434925