Rance Acquisitions, LLC Executive Summary for N624N December 2015 Financial Performance Total Costs Fixed Costs Variable Costs Non-Operating Costs Charter/Other

HART - N624N Aircraft Owner of Record Sole Member of Owner Beneficial Owner of Aircraft Members of Avioneta Holdings LLC Aircraft (N624N) ll Rance Acquisitions, LLC (Delaware) John J. Hannan, President V Wells Fargo Bank Northwest, Owner Trustee of the N624N Trust V Avioneta Holdings LLC (Delaware) Jo

E CHART - N624N Aircraft Owner of Record Sole Member of Owner Beneficial Owner of Aircraft Members of Avlonela Holdings LLC Aircraft (N624N) Rance Acquisitions, LLC (Delaware) John J. Hannan, President V Wells Fargo Bank Northwest, N.A. Owner Trustee of the N624N Trust V Avioneta Holdings LLC (Delaware

12, 2014 STRUCTURE CHART - N624N Aircraft Owner of Record Sale Member of Owner Beneficial Owner of Aircraft Members of Avioneta Holdings LLC Rance Acquisitions, LLC (Delaware) John J. Hannan, President Y Wells Fargo Bank Northwest, N.A. Owner Trustee of the N624N Trust V Avioneta Holdings LLC (Delaware

t in its individual capacity but solely as owner trustee under that certain Trust Agreement dated as of August 24, 2011 (the "Owner Trustee"); (ii) Rance Acquisitions, LLC ("Rance"); (iii) Avioneta Holdings LLC ("Avioneta Holdings" and collectively with the Owner Trustee and Rance, the "Contract Parties"); and (i

M=ndel and Pat Fenn of Akin on Friday. Eileen was also on the call. Michael Mandel is w=rking on the restructuring the plane agreements as between Rance Acquisitions, LL=, Jet Aviation, Apollo, Leon etc...Avioneta would continue as the "benef=cial owner" of Rance for =ax purposes. See Michael's comments below. T

Mandel and Pat =enn of Akin on Friday. Eileen was also on the call. Michael Mandel is working on t=e restructuring the plane agreements as between Rance Acquisitions, LLC, Jet Aviatio=, Apollo, Leon etc...Avioneta would continue as the "beneficialaspan> owner" of Rance for tax purpos=s. See Michael's comments bel

uant to that certain Amendment No. 1 dated as of July 15, 2014, the "Lease Agreement') between Jet Aviation Flight Services, Inc. ("Air Camel") and Rance Acquisitions, LLC ("Lessor and, together with the Air Carrier, the "Parties") is dated (and for all purposes shall be deemed effective) as of the Pt day of Janua