EFTA02671597

From: Richard Kahn Sent: Thursday, October 22, 2015 10:25 PM To: jeffrey E. Subject: Fwd: NetJets Attachments: Kahn_Global_102115.pdf; Untitled attachment 00706.htm; BombardierGLobal5000- Brochure.pdf; Untitled attachment 00709.htm; Bombardier Global 6000 (BACGL612- R3).pdf; Untitled attachment 00712.htm attached is information from my call with Amy Cooper from Net =ets a few =ther points to mention that was not included below: 1) after S or 10 years =et Jets is required to purchase your fractional interest at FMV =determined by 6 independent appraisers) -> Amy =ould not commit to writing but conservatively estimated value at -> end of = years to be 50-60% of initial cost and after 10 year 30-35% -> of =ost 2) General rule is that if your plane is =lobal 5000 and it is not available within 5 hours they will give you =arger plane Global 6000 =/span>-> Netjets Gulfstreams 450's and 550's =re being phased out and will be eliminated over next 3-4 years due to =ge however contract does =ave language that they also can be used as Amy says this occurs =pproximately 8-10% of time 3) If you have a short =rip such as NYC to Boston or in Europe (paris to london) you can use a =mailer aircraft such as Phenom and apply a credit vs hourly fee and =ours used 4) Planes are available within 5 =ours 5) 90% of owners fly Part 91(k) which is very =lose to Part 91 yet not as restrictive 6) =eed to investigate however i am told that if travel is more than 50% =usiness use then there is significant depreciation benefits 7) Netjets offers a program called Whole Aircraft Transition =here they will acquire current Gulfstreams (maybe Leon;s) and use =roceeds towards downpayment on Global Please advise Thanks Richard Kahn HBRK Associates Inc. 1 EFTA_R1_01942616 EFTA02671597