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iate and analyst employed by that affiliate contributing to this report, if any. follows. UBS Securities LLC: David E. Strauss; Cristina Fernandez: Darryl Genovesi. UBS Securities Canada Inc: Tasneem Azim. Company Disclosures Company Name Reuters 12-mo rating Short-term rating Price Price date General Dyn
ny ono scorce may peal subarea's, deferent results UM«, Kingdom and IM rota of Europa: Exam: at Warms. spoiled heren Ins ,rateral Is commonyeated by UBS Limited a imbialary Or UBS AG. to persons who am effgent Cerantenuartrei a otoreanunal dolly ard is Orly ayartatne 10 Pa persons TM «Varnaten corn-snot here
vestmentreseatch David E. Strauss Anato daed strainsktubs Qom .1-212.7136185 Cristina Fernandez Anaysl cnsmalemancleziNosoom •1.212.713 3321 Darryl Genovesi Asscoate Anatol darrytgenovesigubs corn •1.212.7134016 Tasneem Azim Assooate Anatest tasneemiazenVis corn .1416-814 3678 Chart 1: UBS Business
a any Met scurce may mad substarcaly deferent roman UMW' Kingdom and the met of Europa: Exam: as oirermse spenhed herein Ms anima Is commurscaled by UBS Limited a scam:lay Or UBS AG. to persons wen am engtre Cnaltetnatteb a ~conceal Wells are 4 only available 10 Pa persons The «Varnnon contemn herein does no
te average asking prices for most young aircraft models have now fallen 30-40% froni peak levels, with pricing down another 3-4% in the past month. Darryl Genovesi While our survey of industry professionals suggests some incremental interest at Associate Analyst these levels, we think record high used availab
olostara clients a* is orgy available eo such persons Ile nionnation contained heron door not apply to. and shard nee he rifted upon by. retail cants UBS Limited a adrenal and regulated by the Financial thrices &aunty (ESA. US$ research complies ern at tie ESA recurrent, and laws conberrina thscsothres and t
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