From: Larry <IIMI

From: Larry <IIMI > To: Je vacation <jeevacation®gmail.com> Subject: Fwd: BBJ deal Date: Fri, 29 Dec 2017 18:04:53 +0000 Attachments: OMM US- 76069308-v6-CHARTWELL - LELAC AEROSPACE - L01.‘71.2.F2.28.2017DOC.DOC; attachm—e&I .pdf Jeffrey, I Received a call Frank and Fred the old B727 Engine buyers that did not preform at closing., They asked me if you would be interested in purchasing a BBJ fuselage with 1,523 hours for $2M excluding the engines is their asking price,. Frank is negotiating the purchase of the BBJ at $19.5M he's only interested in the engines, he has a buyer for the engines at approx $10M each, Frank informs we could lease BBJ engines for $163k per month for 2 engines, if there is an advantage to Lease? or purchase higher cycle engines for approx $4.5m each. I've attached the spec sheet of the BBJ it appears the only value left on BBJ's is the engines, since the Airlines are in need of low time / Low Cycle engines Should I tell Frank we will Pass? Thx Larry Larry, This is a simple back-back-transaction. $20.0MM USD Sale of the Two CFM65-7B27 B3 Engines (To another BBJ operator) $19.5MM USD Sales Price of the BBJ SN 29200 $500K Margin on the sale of the Engines $2.0MM USD- Sale of the Aircraft minus the engines to JEGE Total Gross Margin for Lelac Aerospace, LLC $2.5MM USD Fred, please send Lary the matrix on the lease engines and the respective forecast. i.e. lease rate and M/Rs over the next 5 years. Thanks EFTA00935251 Franco Sent from my iPad Begin forwarded message: From: "LELAC AEROSPACE" -I Date: December 29, 2017 at 12:00:33 PM EST To: "'LELAC AEROSPACE' Cc: Subject: BBJ ESN 29200 LOI v.2.0 Larry, See atached. Franco EFTA00935252