From: "Jeffrey E." <[email protected]>

From: "Jeffrey E." <[email protected]> To: Larry Visoski <Ma> Subject: Re: GIV asking price Date: Wed, 22 Aug 2018 18:03:25 +0000 ok On Wed, Aug 22, 2018 at 1:45 PM, Larry Visoski c wrote: Jeffrey, Gary thinks we should have a $3.495M ask, I believe that's a good starting point for our aircraft and it's condition, some brokers have indicated the Black Aircraft is a hard sell, of course that's their negotiating tool,. We have 9775 total time and 4440 cycles/Landings, (The 5000 landing inspection due at 5000 cycles is also a factor), Rusty said to budget $1 M for the 5000 landing inspection, our annual cycles are 120 annually. Do you approve of asking price $3.495M? Thx Larry Comps: we have a lot of good options including the DU885 mod which cost $880k we are lacking in other avionics upgrades that will be required by 2020„ other GIV's have already installed„ For starters we only have 5.2 software installed on our flight management system (FMS), we have 3 FMS computers„ upgrade for that alone $369k + I have the quote from Rusty from a year ago that we canceled since we bought the G550, these upgrades were approximately $750k to our GIV Most of these GIV already upgraded to 6.1 software, The software must be upgraded by 2020 such as CPDLC, Fans IA and ADB-out version II„ we have Version 1 ADS-B out. There are a lot of variables when comparing these airplanes to ours, other is condition of the Veneer„ our repaired veneer helped, but Galley and other areas the veneer is flaking up„ full veneer as you know is Time consuming and costly, Quick Comps on Controller; $2.4M ask https://www.controller.corn/listings/aircraft/for-sale/list?Mdltxt=ARROW+IV&Mdltxt= ELECTRICALLY+DRIVEN&Mdltxt=HARVARD+MK+IV&Mdltxt=1V&Mditxt=1V-P&Mdltxt=IVSP& Mdltxt=L-13+SE+VIVAT&Mdltxt=MERL1N+IVA&Mdltxt=MERLIN+IVC& Mdltxt=SENECA+IV&Mdftxt=TURBO+ARROW+IV&mdlx—Contains&Manu= GULFSTREAM&qss=1&FullText=Gulfstream+IV 1988 like ours in PBI ask $2.9M https://wwvv.controller.corn/listings/aircraft/for-sale/25981479/1988-gulfstream-iv 1995 ask $5.2M is the only GIV that has DU885 Avioincs install like we have, but has many other options including HUD, Total time of 6,700 hours and year built 1995, it's also a GIV-SP https://www.controller.com/listings/aircraft/for-sale/22086013/1995-gulfstream-ivsp Do you approve of $3.495 asking price? Thx EFTA01007668 Larry Sent from my iPhone please note 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 JEE 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. copyright -all rights reserved EFTA01007669