4
Shared Docs
4
Same-Page
4 / 4
Mentions
st •7.212-7136181 Cristina Fernandez Ma)11 +1-212-713 3321 Darryl Genovesi Associate Analyst •1-212-713-4016 This report has been prepared by UBS Securities LLC ANALYST CERTIFICATION AND REQUIRED DISCLOSURES BEGIN ON PAGE 10. UBS does and seeks to do business with companies covered in its research reports.
such as structure, management. performance record, discount: Sell: Negative on factors such as structure, management. performance record. discount. Core Banding Exceptions (CBE): Exceptions to the standard +1-6% bands may be granted by the Investment Review Committee (IRC). Factors considered by the IRC include the sto
Survey al-44 3 10 - 0 (43 I 'it In (4.' 4 '2' 31 3 c% 3 g34Egk4 3 AL 2 Source UBS Business Jet Survey I-44 This report has been prepared by UBS Securities LLC ANALYST CERTIFICATION AND REQUIRED DISCLOSURES BEGIN ON PAGE 17. UBS does and seeks to do business with companies covered in its research reports.
such as structure, management, performance record, discount; Sell: Negative on factors such as structure, management, performance record, discount. Core Banding Exceptions (CBE): Exceptions to the standard +/-6% bands may be granted by the Investment Review Committee (IRC). Factors considered by the IRC include the sto
GD(TXT Scums UBS Business Jet Survey 8144 1 t?; • z Z ct• 9 9 a cn Source UBS Business Jet Survey AI-14 This report has been prepared by UBS Securities LLC ANALYST CERTIFICATION AND REQUIRED DISCLOSURES BEGIN ON PAGE 17. UBS does and seeks to do business with companies covered in its research reports.
such as structure, management, performance record, discount; Sell: Negative on factors such as structure, management, performance record, discount. Core Banding Exceptions (CBE): Exceptions to the standard +/-6% bands may be granted by the Investment Review Committee (IRC). Factors considered by the IRC include the sto
4411414 0-10 Years 10. Yeats —%ot Fleet Avadatie to( Sale % of Installed Base Source. JETNET and UBS °striates Thls report has been prepared by UBS Securities LLC ANALYST CERTIFICATION AND REQUIRED DISCLOSURES BEGIN ON PAGE 10. IJBS does and seeks to do business with companies covered in its research reports.
such as structure, management, performance record, discount; Sell: Negative on factors such as structure, management, performance record, discount. Core Banding Exceptions (CBE): Exceptions to the standard +1-6% bands may be granted by the Investment Review Committee (IRC). Factors considered by the IRC include the sto
Entities connected to both UBS Securities LLC and Core Banding Exceptions

UBS AG
ORGANIZATIONDarryl Genovesi
PERSONDavid E. Strauss
PERSON
Review
ORGANIZATIONthe Valuation and Risk
ORGANIZATIONGeneral Dynamics Corp.
ORGANIZATIONDoug Band
PERSONEuropean Investment Fund
ORGANIZATIONCessna
ORGANIZATIONTextron Inc.
ORGANIZATION
Textron
ORGANIZATIONGlobal Equity Research
ORGANIZATIONEmbraer
ORGANIZATIONUBS Business Jet
ORGANIZATIONUBS Limited
ORGANIZATIONOBS AG
ORGANIZATIONUBS Laded
ORGANIZATION
Europe
LOCATIONLarge Cabin
PERSONBusiness Conditions
ORGANIZATION