EFTA Document EFTA01747660

From: Larry Visoski Subject BBJ update from Sean Sent Monday, December 8, 2014 4:02:19 PM To: Je vacation <jeevacationggmail.com> imaae001.air Sent from my iPhone Begin forwarded message: From: "Scan J. Lancaster " Date: December 8, 2014 at 10:45:05 AM EST To: "'Larry Visoskim Subject: RE: CIV ear date Reply-To: This BBJ market is tough. This market has had me confused for the last two years. Similar markets like Collectible Transportation, Fine Art, Fine Jewelry and even Luxury Real Estate have all recovered. The business aircraft market has not and in fact may still be declining in many segments. For the last four years you have had about a 10% gap between asking prices and selling prices. Today it could be 15% and you have to at least try. Here are a couple of points as it pertains to the BBJ markets and those brokers. • You are likely the only real buyer they have seen in six months. • RUN an AD?SB out for 60 months before making any offer. There are many AD's that will cost a lot of money. Won't stop you from buying the aircraft but be careful. • Financing is still very hard and while the brokers will tell you they have many real buyers they don't. • Middle East is slowing and China/Eurasia wants only new aircraft. • Russia and Europe are very slow • Avjet folks are very professional and good sales people be careful not to give them too much data. They will exaggerate activity. • Freestream you need to be very careful here, it is reported they chain title in deals as well. Best regards, Sean J. Lancaster EFTA_R1_00042243 EFTA01747660 www.bristolassociates.com This message may contain conf;cienual and/or legaly privileged information. If you ere not the intended recipient of tee message. please destroy it. Any unauthorized dissemination, dislnbutton or copying of the material in this message. and any attachments to the message. is strictly forbidden. (c.) 2014 all rights reserved. EFTA_R1_00042244 EFTA01747661