AIR FLEET LEASING AND MANAGEMENT COMPANY, INC.

AIR FLEET LEASING AND MANAGEMENT COMPANY, INC. PRESENTING FOR IMMEDIATE SALE Boeing 727-100REW "Super 27", Serial Number: 20512, Registration: N311AG SPECIFICATIONS Aircraft: Winglet Modification ("REW"): Engine Modification ("RE")*: Airframe Manufactured: Airframe Total Flight Time: Airframe Total Landing Cycles: TEL: Boeing 727-100REW (727-17) Executive ICAO Designation: R721 1995 1990 1971 31,705.1 hours (*since RE: 5,456 hours) 17,297 cycles (*since RE: 1,637 cycles) Attention: Daniel E. Boyajian 790 East Market Street —Suite 360, West Chester, PA 19382 FAX: Initial: 04/08/11 EFTA01069436 Boeing 727 Executive — 20512 Page 2 SPECIFICATIONS Engine Types: Pratt & Whitney #1, #3: JT8D-217C, #2: JT8D-9A Total Time (hrs) Total Cycles Engine #1 (SIN: 726125) 5,456 1,637 Engine #2 (SIN: 674516) 32,255 44,954 Engine #3 (SIN: 726124) 5,456 1,637 Notes: engine disc information is available upon request. Engine HI and #3 AD 2003.16.05 (Amendment: 39-13258) is next due July 2012. Engine #2 AD 2003.12.07 (Amendment: 39-13192) is next due April 2014. AU airframe, engine and component times / cycles are current as of April 8, 2011 APU Type: Garrett GTCP-85-98C (SIN: P22864) Total Time (hrs) Total Cycles Since HSI: 2,837 2,655 Since new: 5,125 4,182 Long-range Fuel System: (practical flight range with reserves: 8.0 hours) Main Airframe System: Boeing 54,846 pounds 8,186 gallons Auxiliary Fuel System: ATS 16.750 pounds 2.500 gallons Total 71,596 pounds 10,686 gallons Notes: the Boeing system is fitted with Volumetric Top Off (VTO) allowing higher capacity. The center tank is an integral type also allowing higher capacity than standard B-727-100s. The ATS Auxiliary Fuel System is a seven-tank system, which was modified and re-certified July 24, 2009 in accordance with Quiet Wing Technologies' STC: ST0224 ILA. The fuel system is in compliance with all FAA airworthiness requirements including the recent SFAR 88 (AD 2008.12.03). CERTIFICATIONS RVSM MNPS FM Immunity 8.33 MHz Radio spacing RNP-5 RNP-10 AIRCRAFT WEIGHTS Max Taxi: 175,000 Basic Operating: 104,000 Max Takeoff: 174,500 Max Zero Fuel: 123,500 Max Landing 142,500 Empty Weight: 101,284 EFTA01069437 Boeing 727 Executive — 20512 Page 3 PASSENGER CABIN Forward Salon This designer interior was featured in Architectural Digest when it was installed in 1994 and has been continuously maintained in its timeless classic style. Luxurious accommodations are provided for 28 passengers and are depicted in photographs throughout this brochure. The forward salon features a combination of divans and individual seating for twelve including a convertible cocktail / dining table between opposite three-place divans for casual or formal dining. Moving aft and servicing the forward salon is a unique buffet with storage cabinets beneath. Across from the well- equipped gourmet galley is a serving bar with drawer and cabinet storage. A passageway leads further aft to the private stateroom and then on to the aft lounge. The stateroom features an extra long queen-size bed with generous built-in hanging and drawer storage. The private lavatory includes a large vanity area with more than ample storage. Video monitor, telephone, intercom and sound system round out the Stateroom amenities. The aft lounge accommodates sixteen in the following arrangement: one six-place club seating group with convertible cocktail / dining table, one two-place club seating group with table, and two opposite facing four-place L-shaped divans with two oval convenience tables. EFTA01069438 Boeing 727 Executive — 20512 Page 4 PASSENGER CABIN Rear lounge There are two galleys: forward (crew) and mid-cabin (main). The three lavatories are located forward, mid-cabin and aft. In-cabin baggage storage is conveniently located at the rear air-stair boarding area and forward vestibule. Large volume baggage stowage is located in the lower cargo bay with external access. There are eight (8) Aircraft Crewmember positions located on the flight deck for Captain, First Officer, Engineer and Observer; in the forward vestibule with bulkhead seats for two Cabin Attendants; and on the aft pressure bulkhead door for two Cabin Attendants. The overall decor features unique fabrics, exotic leather coverings and gold leaf accents. For further detail please refer to the photographs herein and the cabin layout drawing in Attachment "A." Additional photographs are available upon request. Business and entertainment items include: telephones - Iridium Satellite System with three handsets with intercom, three 110VA/C 60 Hz converters power the entertainment system, galley appliances and cabin outlets. There are three flat screen monitors dedicated to Airshow in salon, galley and lounge. The multifunction entertainment system for DVD, VHS, CD and XM Radio play on two projected 48-inch screens, one forward and one aft, the stateroom 15-inch monitor and on the custom stereo sound system. Lighting and comfort controls are at each seating group throughout the cabin and at the cabin attendant's location near the galley. EFTA01069439 Boeing 727 Executive — 20512 Page 5 FLIGHT DECK / AVIONICS Instrument Panel Communications: Navigation (VHF): Instrument Panel Display: Autopilot / Flight Director: Flight Management System: Long Range Navigation: Weather Radar: Transponder: TCAS II (2) Honeywell Primus 2 - VHF (1) Collins VHF-22B — VHF (2) Collins HF-628 with SELCAL (5) Honeywell Audio Panels (Primus 2) (1) Aircell Iridium— phone + ICS (3 phones) (1) Honeywell AFIS (2) Honeywell Primus2: VOR, ILS, DME, ADF, MICR (5) Tube EFIS - EDZ-805 (2) Honeywell FMS FMZ 2000 (1) Interface: Avionics Engineering Svs (2) Honeywell Flt Drctr Cmptrs FZ500 (3) Honeywell IRS Laseref (2) Honeywell GPS (1) Honeywell Laser Trak w/ Display (1) Honeywell Primus P880 (color) (2) Honeywell — Mode S (enhanced) (1) Honeywell w/ change 7 EFTA01069440 Boeing 727 Executive — 20512 Page 6 FLIGHT DECK / AVIONICS Enhanced Ground Prox. Warn: Air Data Computer (digital): Angle of Attack System: Radio Altimeters: Altimeters: Cockpit Voice Recorder: Digital Flight Data Recorder ELT System Altitude Alerter (1) Honeywell Mark VII (2) Honeywell AZ800 (RVSM) (1) Teledyne SLZ980S (2) Honeywell (2) Honeywell BA-141 (1) Universal CVR-30A (1) Fairchild (1) Artex 406 MHz (1) Honeywell AL801 OTHER AVIONIC ENHANCEMENTS BFGoodrich Stand-by: Horizon w/ LOC/GS Aerosonic Stand-by: Altimeter, Airspeed Thompson: (2) RMI w/ DME indication Skylight: Metric Altimeter Davtron: (3) digital clocks Saft: (2) Battery 40A/H (2) chrgrs EFTA01069441 Boeing 727 Executive — 20512 Page 7 AIRCRAFT CONDITION AND MAINTENANCE This Aircraft is efficiently maintained under the FAA approved Centurion Aircraft Maintenance Services MSG-3 program, which includes 24-month C-check intervals and progressive inspections for low utilization. The aircraft has been in continuous private use for the vast majority of its flight history with only two private owners. The Aircraft is currently in operation under FAA Pt. 91 M (Large Aircraft). Computer generated Due List Report and SB/AD status reports are available upon request for Airframe and Engines. Maintenance Notes: A-check Due: June 2011 C-check Due: December 2011 Landing Gear — Main L/R Due: January 2018 Landing Gear — Nose Due: February 2014 Exterior paint: 2004 (good serviceable condition) Other comments: Dual Battery System — SAFT 40 A/H *********************************************** Price: (please make cash offer for immediate sale) For further detail or explanation contact: Daniel E. Boyajian, President AIR FLEET LEASING AND MANAGEMENT COMPANY, INC. 790 E. Market Street — Suite 360 West Chester, PA 19382 TEL: S FAX: MOB: 610-547-2311 EMAIL: Specifications are subject to verification upon inspection. The aircraft is subject to prior sale or withdrawal from the market. EFTA01069442 Boeing 727 Executive — 20512 Page 8 Attachment A CABIN LAYOUT PLAN ADDITIONAL PHOTOGRAPHS EFTA01069443