Epstein Secrets

rove, 14% expected business conditions to deteriorate and 52% expected business conditions to stay the same. Chart 19: 12-Month Forward Outlook for Business Conditions, January 2012 De'erforale 8% N O Slay tie same / 51% Improve 41% Sane: UBS Business Jet Survey Our I2•month outlook score came in at 66 this

interest in the small cabin class relative to midsize. Chart 14: Cabin Class with Most Buyer Interest, January 2012 till ilithl2e Cabin 14% \ Large Cabin 72% Source: UBS Business Jet Survey JE.S EFTA_R1_00225645 EFTA01840646 UN Business Jet Survey 2 Fettuary 2012 Pricing In the next question,

re asked to indicate the class of aircraft in which they were seeing the most interest from potential buyers. Respondents were asked to choose from Large Cabin, Midsize Cabin or Small Cabin. Of the 118 responses (43 participants did not respond to this question). 72% indicated they were seeing the stronges

26% 53% 21% 53 50 6% Composite Index 29% 41% 30% 50 50 0% Young Inventory 8% 25% 67% 20 20 2% Finanong 24% 74% 3% 60 60 0% Business Conditions nla ni a nia 3.6 3.7 -1% Source UBS Biomass Jet Survey $43-44 Our Buy rating on GD reflects an improved defense risk profile and stabilizatio

re asked to indicate the class of aircraft in which they were seeing the most interest from potential buyers. Respondents were asked to choose from Large Cabin, Midsize Cabin or Small Cabin. Of the III responses (39 participants did not respond to this question). 62% indicated they were seeing the stronges

cabin aircraft, 12% indicated midsize and 17% indicated small cabin. Chart 18: Cabin Class with Strongest Pricing. March 2010 Melsee Cabtn 8% 41 Large Cabin 75% Source. U8S Busness Jet Sunray #44 UBS9 EFTA_R1_01519451 EFTA02443885 UBS Business Jet Survey 24 Mach 2010 12-Month Outlook In the next

26% 53% 21% 53 50 6% Composite Index 29% 41% 30% 50 50 0% Your, Inventory 8% 25% 67% 20 20 2% Finanong 24% 74% 3% 60 60 0% Business Conditions nla ni a Na 3.6 3.7 -1% Source. UBS Bissmess Jai Survey $43-44 Our Buy rating on GD reflects an improved defense risk profile and stabilizati

re asked to indicate the class of aircraft in which they were seeing the most interest from potential buyers. Respondents were asked to choose from Large Cabin, Midsize Cabin or Small Cabin. Of the III responses (39 participants did not respond to this question). 62% indicated they were seeing the stronges