### BEFOR ETH E•.••'NSPORWIO N DEPARTMEN T O FTRANSPORTATIO N'- ^ OPERATION S WASHINGTON , D.C . .,, , „ _ , 

### Applicatio n of : HOTELE S DINAMICOS , S.A . d e C.V . fo r a renewa l o f a n exemptio n (MEXICO US ) unde r 4 9 U.S.C . Sectio n 4010 9 Docke t OST-98-422 2

APPLICATIO NFO R ARENEWA L O F A NEXEMPTIO NFILE D B Y

HOTELE S DINAMICOS , S.A . d e C.V . FO R APERIO D O F TW O YEAR S W e ar e relying o n th e automati c extensio n provision s o f Federa l Law Specificall y5 US C 558(c) , a s implemente d by1 4 CF R Par t 377 , t o kee p ou r exemptio n authorit yi n effect , pendin g fina l departmen t actio n o n thi s renewa l application . I t shoul d b e note d tha t n o change s hav e occurre d i n th e compan y management , stoc k holders , thei r nationality , aircraf t o r aircraf t crews . Thi s carrier s Op s Spec s ar e manage d a t th e Fort h Worth , Tx , FAA/FSDO , an

d th e aircraf t hav e fewe r tha n 3 0 seats . COMMUNICATION S WIT H RESPEC T T O THI S DOCUMENT SHOUL D B E ADDRESSE D TO : Mr . Eugen e E . Smit h 771 7 Villag e Oa k Sa n Antonio , Tx . 7823 3 Te l (210 ) 590-163 0 Fax (210 ) 653-928 1 Agen t fo r Servic e i n th e U.S . for : HOTELE S DINAMICOS , S.A . d e C.V . 1 7 AU G 201 1

### I n suppor t o f thi s application , an d pursuan t t o th e Department' s Procedura l Regulations , Hotele s state s th e following : 1 . Hoteles , incorporate d i n Mexic o i n 1988 , i s a privatel yhel d corporatio n tha t i s 100 % owne d an d controlle d b

yMexica n citizens . Name , citizenshi p an d percentag e o f ownershi p o f Hotele s ar e enumerate d i n Exhibi t A . Th e ful l nam e an

d corporat e addres s o f Hotele s is : Hotele s Dinamicos , S.A . d e C.V . Sa n Gabrie l 679- 3 Coloni a Chapalit a Guadalajara , Jalisc o 4479 0 MEXIC O 2 . Th e name an

d officia l addres s o f th e governmen t ai r transpor t authorit yi n Mexic o havin g regulatoryjurisdictio n ove r Hotele s XS ; 

### Secretari a d e Comunicacione s yTransporte s

Direccio n Genera l d e Aeronautic a Civi l ("DGAC" ) Av . Providenci a No . 807 , Pis o 1- 7 Coloni a de l Vall e Delegacio n Benit o Juare z Mexico , D.F . 0310 0 MEXIC O

### 3 . A s note d above , Hotele s i s seekin g transborde r charte r

authorit yt o engag e i n foreig n ai r transportatio n o f person s an d thei r belonging s withou t th e nee d fo r prio r Departmen t approva l o f eac h flight , o r serie s o f flights . Hotele s i s als o requestin g stopove r privileges . 4 . Hotele s i s operationall yan d financiall yqualifie d t o perfor m th e servic e fo r whic h authorit yi s requeste d herein . A s evidenc e thereof : (a ) Th e Mexica n DGA C ha s issue d a permi t authorizin g Hotele s t o conduc t non-scheduled , internationa l ai r tax i transportatio n o f passenger s i n th e Nort h an d Sout h America n Continents . Thi s permi t i s vali d indefinitel yan d i s attache d a s Exhibi t B . (b ) I n 1988 , Hotele s receive d it s DGA C permit s an d commence d commercia l fligh t operations . Fro mit s bas e i n Guadalajara , Jalisco , Hotele s provide s ai r transportatio n t o domesti c an d internationa l passengers , consistin g o f member s o f th e followin g institution s whic h for mpar t o f th e governin g body , owners , an d stoc k holder s o f Hoteles :

### DESARROLL O MARIN AVALLARTA , S.A . d e C.V .

VACTUR , S.A . d e C.V . Futur e operations , includin g it s propose d U.S . service , ar e likel yt o b e a continuatio n o f thi s typ e o f operation . Hotele s estimate s tha t i t wil l operat e 5 0 t o 6 0 roun d tri p flight s

annuall ybetwee n Mexic o an d th e Unite d State s wit h a n averag e loa d o f fou r passenger s pe r flight ; al l o f whic h wil l originat e i n Mexico . (c ) Hotele s own s an d operate s 3 aircraft : a 6 passenge r Cessn a Citatio n 50 1 Je t aircraf t wit h Mexica n registratio n XA-SDI ; a 1 2 passenge r Bombardie r Challenge r CL60 0 Je t aircraf t wit h Mexica n registratio n XA-MY Nan d a n 8 passenge r Learje t 31 A je t aircraf t wit h Mexica n registratio n XA-TG M

(d ) Hotele s maintain s it s aircraf t pursuan t t o a maintenanc e seirvic e agreemen t (CESCOM ) wit h Cessn a Aircraf t Co. , i n Wichita , Kansas ; th e Cessn a Servic e Cente r o f Sa n Antonio , Texas ; an d Avemex , S.A . d e C.V. , o f Toluca , Mexico , whic h i s a Cessn a Aircraf t Co . authorize d Servic e Center,an d i n accordanc e

### wit h a n airworthines s programapprove d b yth e Mexica n DGAC i n complianc e wit h ICA O Annexe s 1, 6 (Par t I ) an d 7 . (e ) Hotele s ha s establishe d a wel l qualifie d managemen t tea mwit h th e necessaryexperienc e i n providin g domesti c an d internationa l ai r tax i services .

Ing . Danie l Chave z Mora n ha s serve d a s CE O o f Hotele s sinc e h e founde d th e compan yi n Apri l 1988 . H e graduate d wit h a Civi l Engeneering Degre e fro mth e Universida d d e Guadalajara , i n Guadalajara , Jalisco .

Lie . Fernand o Radill o Gonzale z joine d Hotele s i n 199 4 an d serve s a s th e company' s Genera l Manager . H e graduate d wit h a La wDegre e fromUniversida d d e Guadalajara , i n Guadalajara , Jalisco . CPAFelip e Ramire z Gutierre z joine d Hotele s i n 199 4 an d serve s a s th e company' s Administrativ e Director . H e graduate d a s a Certifie d Publi c Accountan t fro mUniversida d d e Guadalajara , i n Guadalajara , Jalisco . Pilot . Capt . Lui s Alonz o Mayorg a receive d hi s Pilot' s

### Licens e i n 1983 . Joine d Hotele s i n 1992 , receive d hi s Unlimite d

Commercia l Pilot' s Licens e i n 199 2 an d ha s accumulate d ove r 395 0 hour s o f fligh t during hi s 1 5 year s o f aviatio n experience , wit h ove r 175 0 hour s i n th e Cessn a Citation . Capt . Mayorg a i s license d t o operat e th e company' s Cessn a Citatio n and attend s annua l trainin g courses , a t Fligh t Safet yi n Wichita , Kansas . Copilot . Capt . Jua n Manue l Medin a receive d hi s Pilot' s Licens e i n 1994 . Joine d Hotele s i n 1995 , receive d hi s Unlimite d Commercia l Pilot' s Licens e i n 199 4 an d ha s accumulate d ove r 170 0 hour s o f fligh t durin g hi s year s o f aviatio n experience , wit h ove r 100 0 hour s i n th e Cessn a Citation . Capt . Medin a i s license d t o operat e th e company' s Cessn a Citatio n an d attend s annua l trainin g courses , a t Fligh t Safet yi n Wichita , Kansas . Acomposit e o f Hoteles' s keypersonne l i s show n i n Exhibi t C .

(g ) Copie s o f OS T for m6411 , Foreig n Ai r Carrier s Certificat e o f Insurance , fo r eac h aircraf t ar e attache d a s Exhibi t E . A s show n therein , Hotele s limit s o f liabilit yexcee d th e requirement s o f 1 4 CF R Par t 205 .(h ) Hotele s ha s no t bee n involve d i n an ysafet y

violations , tarif f violation s o r fata l accident s sinc e it s inception , (i ) Hotele s doe s no t hav e an yagreemen t o r cooperativ e workin g arrangement s wit h an yU.S . ai r carrie r affectin g it s propose d service s t o th e Unite d State s

5 . Hoteles' s propose d U.S . service s ar e consisten t wit h th e publi c interes t fo r th e followin g reasons :

(a ) Hotele s wil l b e carryin g executive s t o th e U.S . o n business , thereb yfosterin g commerc e betwee n Mexic o an d th e Unite d State s consisten t wit h th e objective s o f th e Nort h America n Fre e Trad e Agreemen t (NAFTA) .

(b ) Hoteles' s reques t fo r stopove r privilege s i s consisten t wit h th e nee d o f th e executive s usin g it s service s will , fro mtim e t o time , nee d t o sto p a t tw o o r mor e place s i n th e U.S . a s par t o f thei r roun d tri p itineraries . Hotele s submit s tha t n o regulator ypurpos e woul d b e serve d b ypreventin g Hotele s fro mrespondin g t o th e stopove r need s o f it s customers .

### WHEREFORE , Hotele s respectfull yrequest s exemptio n authorit y

t o engag e i n charte r foreign ai r transportatio n o f person s an d thei r accompanyin g baggag e wit h smal l aircraf t a s se t fort h herein , an

d suc h othe r relie f a s mayb e i n th e publi c interest .

Respectful l Lfcte d

Aer o Parts , Lt d Agen t fo r Servic e for : Hotele s Dinamicos , S.A . d e C.V . 1 7 Au g 201 1

### HOTELE S EXHIBI T A

OWNERSHI P o f HOTELE S DINAMICOS , S.A . d e C.V . SHAREHOLDE R CITIZENSHI P PORCENTAG E DESARROLL O MARINA VALLARTA , S.A . d e C.V . MEXICAN VACTUR , S.A . d e C.V . MEXICAN 99. 7 % .27 7 % ING . DANIE L CHAVE Z MORANMEXICAN 013 7 % DANIE L OMAR CHAVE Z SAU L MEXICAN .000 3 %

NOTE : TH E OWNER S O F TH E 2 FIRS T COMPANIE S ENUMERATE D AR E AL L MEXICA NCITIZENS .

Hotele s Dinamicos , S.A . d e C.V .

### HOTELE S EXHIBI T B

D.G.A.C . INTERNATIONA L AI R TAX I PERMI T o f HOTELE S DINAMICOS , S.A . d e C.V .4.1.102.306 . 

## 185 1

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### OFICI O No . 102.419- ^

259 9 SECRETARI AD E COMUNICACIONE S ASUNTO : $ 6 conced e permis o par a establece ryexplota r YTRANSPORTE S ^^ ^ servld' o publjc o d e transport e aere o n o regula rd e tax i aere o internaciona l d e pasajeros . OPERADO R IWEXICAN O Mexico.D.F. , a 2 1 d e Noviembr e d e 1995 . HOTELE S DINAMICOS , S.A . D E C.V. . - —- A/ C Lie . CARLO S FERNANDE Z TEIGEIR O „. . r, , SA N GABRIE L NQ.-6Z9^ ^ :--: , '' CO L CHAPALITA ^

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## SnJ ^ ->*..- . •^• * I).-E L PERjyy^G ^

S E ;^:^0RC3A.*P0R^PLAZ 0 INDEFINIDO , E N BAS E AL : ARTICUL O 1 1 D E L ALErD'FAVIACIONrCJViL. ' IWISM O QUESEDAR APO R TERMINAD O CUAND O E L PERMISIONARIQ^JNCURRA ' E N ALGUN AD E LA S CAUSALE S PREVISTA S E N LO S ARTl'CULO S 1 4 Y^' S DEL APROPI ALEY . II). - E l present e permiso'se;expid e e n bas e a l permis o d e operado rd e u n servici o public o d e transport e aere o n o regula rde,tax i aere o regiona l n o regula rd e ^pasajeros, otorgad o mediant e ofici o numero : 101.419-1350 0 de l di a 1 4 d e noviembr e d e .1994 . EQUIP O AUTORIZADO : ^'^'lipRAV-^' ^ CESSN A501 C MATRICUL AXA-SD I uiHtCClO M ^^ ^ r.NM -

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- 2 - III). - E I present e permis o deber a se rinscrit o e n e l Registr o Aeronautic o Mexicano , conform e a l articul o 4 7 d e l a Le yd e Aviacio n Civil . ; \ ' : IV). - L a (s ) aeronava-(s ) sera-."(n ) utilizad a (s ) solament e par a presta rservici o d e tax i aere o internaciona l n o regulard e pasajeros . ^r' " n,,;""-. . t ' V). - E n cas o .de^gueM a (s);aeronaye;(s)c;rnencionad a (s ) se a (n ) sustituid a (s ) o dej e (n ) d e operar , esa'*^r^presai^clebera;|dar^^ayisa.v ^ Genera l d e Aeronautic a Civi l acomDanando-Copi a deKpeririiso^cofrespdndient e a Transport e Aere o Nacional . VI). - E I gersqjp'a l d e vuel o d e la''(s | ^aeronaye.;(s) j deb e conta rco n e l certificad o d e competenci a vigente,vexpedid o po rl a Direcci'6ri'Generalld e Aeronautic a Civil , s; . VII). - DlcJiai(s ) -aeronav e (s),fsaldr a (ci^^detierritQriqynacional . po rcualquier a d e lo s aeropuerto s internaltionaie s d e la^epubllc a Mexicana-'autorizados'po rl a Secretarf a d e Comunicacione s y Transportes . dond e curhplii-anJa^foriTialidades'y - requf ^ d e aduana , migracio n ysanidad . VIII). - I^aravl a operacio n deU(os)yyuelp\(s}r!nternaciona l (es ) qu e s e autoriz a (n ) es a Empres a queda'iObllgad a a cumjli rIoSvrequisit6s^^stableci"dos;e n 4 a Norm a Oficia l Mexican a Emergent e NOM-EMrbo S SCT-doS , publicadae n e l Diari o Oficia l d e l a Federacio n e l 3 0 d e Noviembr e d e 1994 , aplicabl e enlp^qu e cqrrespond e a l servici o detax i aere o naciona l y/ o internacional , l a cua l s e dayDd^eprotlucidaen^est e permis o : ys e consider a part e integrant e de l mismo , po rl o qu e l a viojacipniy/ o incumplimient o de.I a referid a norma.ser a motiv e d e revocacion . IX). - L a Empresa^eb^era'seguir..las;via s aerea s previament e establecida s po rl a Secretari a d e Comunicaciones'^yj^Transportes . • • X). - Aplicara n e n estos.yu'eIo s l a cuot a qu e previament e hay a autorizad o l a Direccio n Genera l d e Tarifas, ' Transporte"'Ferr6viari o yMultimodal . • • XI). - L a Empres a qued a obligad a a . presenta ru n inform e estadistic o mensua l a l a Direccio n Genera l d e Aeronautic a Civi l (Departament o d e Programacio n yEstadlsticas) , e n l a form a DGAC-1857-1 . XII). - L a Empres a deber a contrata rymantene rvigent e u n segur o qu e cubr a la s responsabilidade s po rlo s dafio s a pasajero s yequipaje , as i com o dano s a persona s o cosa s qu e s e encuentre n e n l a superfici e d e territori o mexican o e n termino s d e lo s Articulo s 62 , 70 , 7 2 y7 4 d e l a Le yd e Aviacio n Civil .

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### SUBSECRETARI AD E TRANSPORT E DIRECCIO N GENERA L D E AERONAUTICACIVI L SECRETARI AO E COMUNICACIONE S

YTRANSPORTE S 

### XIII). - Co n fundament o e n l o dispuesto e n lo s Articulo s 24 , 32 y7 4 d e l a Leyd e Aviacio n Civil , es a Empres a deb e garantiza re l pag o d e l a indemnizacio n po rdafio s qu e pudiera n causa ra pasajero s y equipaj e fuer a d e territori o mexicano , po rlas cantidade s qu e establec e l a Convencio n d e Varsovia , modificad o po re l Protocol o d e l a Hay a o po rcualquie rregime n vigent e e n e l pai s o pafse s d e destin e d e lo s vueio s internacionale s po re l tiemp o a qu e est e sujet e est e permiso . : ~ --^ '

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### XIV). - Previamente

^ a l inici e d e sus,vueio s a l extranjero debera n solicita ryrecaba re l permis o correspondieinte"cJe'cad a uri a d e las autoridade s aerpnautica s de l (os ) pai s (es ) citad o (s ) e n l a present e autojizacion-yi.'paralelamente , presenta re n Dependenci a copi a (s ) d e dich o (s ) permisoj(s)sapar

a acreditar.que.se^cumpH o co n est e requisite . XV). - La ; Empjres a n o podr a ceder , ^hipetecar,. ; gravar , .transferi ro enajena re l present e permiso , 0 lo s derecho s e n e l conferides.^a-algiJingoblemaoEstad o extranjero . XVI).-jC a Empres a n o jspdra;ceder , hipotecar ; gravar , transferi r o enajena re l present e permiso , 0 lo s derecho s e n e l .cohferidqSj^jjDtro s particuiares , "nacionale s o extranjero s si n autorizacio n d e l a Secretaria. ^

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### XVII). - LaxEmpresaqueda^obligad a a presenta rest e permis o a las autoridade s aeronautica s d e los aero'pijerto s internacioriales-qu e utilice n para sali ryentra ra territori o mexicano . •^• ^ ' 4 -y " ' \ . , •••^•'-' " • ' •• • . , •

.. . ,' * ifr i . ^ > - J • ; • • - . 

### XVIII). - La.'Secretaria-de'Comunicacione s y Transporte s podr a dicta rla s modalidade s y caracteristlcas.*conforrn e a la s cuale s s e prest e e l servici o publico e n l a via s generate s d e comunicacio n ytmedio s d e transporte . Asimismo , l a .Secretari a tendr a l a facultad , e n cualquie rtiempo , d e verifica re l cumplimiento d e las "Leyes d e Vfas^'Generale s d e Comunicacio n yd e Aviacio n Civil , su s reglamento s ydemas disposicione s aplicables . Par a ta l efecto , l a permisionari a estara obligad a a permiti re l acces o a los verificadore s a su s instalaciones , a transportario s e n su s equipo s para qu e realice n l a verificacio n y , e n general , a otorgarie s toda s la s facllidade s par a esto s fines , as i com o a proporciona ra l a Secretari a lo s informe s co n lo s date s qu e permita n conoce rl a operacio n y explotacio n d e lo s sen/icio s d e transport e aereo . XIX). - L a navegacio n e n e l espaci o aere o sobr e territori o naciona l se rige po rl o previst o e n l a Le yd e Aviacio n Civi l ype rlo s tratados , y a falt a d e dispesicio n expresa , s e aplicara n los ordenamiento s legate s previsto s e n e l articul o 4 ° d e l a propi a Le yd e Aviacio n Civil , motive pe r e l cua l l a permisionari a deber a cumpli rco n toda s ycad a un a d e las disposicione s contenida s e n dich a nermatividad .

^ . ^ 

# /JSECRETARI AD E COMUNICACIONE S

YTRANSPORTE S 

### SUBSECRETARI AD E TRANSPORT E DIRECCIO N GENERA L D E AERONAUTICACIVI L

XX). - Par

a l a navegacio n e n e l espaci o aereo , sera obligateri o utiliza rlo s servicio s d e transit o aereo , radioayudas , meteorolegia , telecomunicaciene s e informacio n aeronauticas , as i com o lo s dema s auxilio s a l a navegacio n aere a qu e prest a e l Organ o Descencentrad o denominad o Servicio s a l a Navegacio n e n e l Espaci o Aere o Mexicano . XXI). - E n l a prestacion'd e lo s servicio s d e transport e aereo , l a permisionari a pe riniciativ a propi a 0 a instancias~d e la.Secretaria/deber a adopta rla s medidas necesaria s para garantiza r la s condicione s maximasid e l a segiirida d d e l a aeronav e yd e s u operacion , a fi n d e protege rl a integrida d flsicajd e las personas,;equipaj e yterceros., ' XXII).-/EljJncump[irnient o ^el^spermisiqnario,ViComandant e ^ ^ pilot o a cualquiera d e la s obligaciones' o cohdipipnesj^stablecida s enila.Ley-d e Aviacio n Civil , e n su s reglamento s ye n est e permiso , s e sancionara'e n terminos'd e lo s articulo s 86 , 87 , 88 , 8 9 y9 0 de l ordenamient o lega l citado/e n primert^rmirio;.-^,,,,,,,, ^ '^J"^- ^ XXIII). - EtiiSermisionario'debera . presenta rdentro d e lo s quinc e (15 ) dia s siguiente s a l a fech a d e inscripclo n de'est e permis o un a fianz a a favo rd e l a Tesoreri a d e l a Federacio n po ru n montdequivalent e a tre s mi l dia s desalari o minim o a l a fech a e n qu e s e contrat e dich a fianza,.para;garantiza re l cumplimient o d e las obligacione s qu e e l mism o l e impone , co n bas e e n e l articul o J 7 d e l a Le y^d e Via s Generate s d e Comunicacio n y8 9 d e j a Le yd e Aviacio n Civil . Esta fianz a deber

a mariteneri a vigent e mientra s est e e n vigo re l permiso . •••••^•v-y^i . :> . • . • • • '^^J ^

"^"•'•--•^^' , - / 

### XXIV). - E I pe'rmisTonario'deber a procede ra l pag o y.'po rconsiguiente , acredita rante est a Secretari a d e Cennunicacione s yTransportes , mediant e recib o oficia l a l entere d e lo s derecho s previsto s e n los''articulo s 159 , fraccio n VII , incis o d ) y153 , fraccio n I , incis e b) , d e l a Ley Federa l d e Derechos, - la s cantidade s d e N $ 3,977.0 0 M.N . yN $ 489 . 00 M.N . po rconcept o de l otorgamient o d e est e permis o e inscripcio n e n e l Registro Aeronautic o Mexicano . Po rotra parte , e l permisionari o deber a cubri ranualment e yacredita rmediant e recib o oficial , e l pag o d e lo s derecho s correspondiente s po rcad a un o d e lo s ano s e n qu e s e encuentre vigent e e l permiso , d e cenformida d co n l e dispuest o e n e l articul o 159 , ultim o parrafo , d e l a Le yFedera l d e Derechos .

### >i^^J^ ^

SECRETARI AD E COMUNICACIONE S

YTRANSPORTE S SUBSECRETARI AD E TRANSPORT E DIRECCIO N GENERA L D E AERONAUTIC ACIVI L

- 5
E I acreditamient e d e pag o d e lo s derecho s deber a verificars e a ma s tardar , dentr o d e lo s 2 5 dia s naturale s siguiente s a l a fech a d e otorgamient o d e est e permis o y , e n e l cas o d e lo s ano s subsecuentes , e l plaz e par a acredita re l pag o s e contar a a parti rd e l a fech a d e l a cua l s e hay a otorgad o dich o permiso . ,, . -

• X ^::-'ArENTA M ENT E :;, i SUFRAGI O EFECTIVO . N O REELECCIO N PORT E I^^ELSUBSECRETA R 

### \H ^ SDR . AARO N TE R POLTOLARE K
NERALD E

BARGE S MESTRE S c.c.p . Direccio n General,-Ofnas . c.c.p . Direccio n Genera l d e Tarifas , Transport e Ferroviari o yMultimodal.-Av . Eugeni a 197-10 ° Pise . C.P . 0302 0 c.c.p . Direccion.Tecnic a yde.Supervision.-Ofnas . c.c.p . Departament o d e Recurso s Financleros. - Ofnas . c.c.p . Departament o d e Registr o Aeronautic o yContro l d e Empresa s . - D.G.A.C . . - Present e c.c.p . Comandanci a de l Aeropuert o Internaciona l d e Guadalajara , Jal . c.c.p . Deptartament o d e Infracciones. - Ofnas .

### DIRECCIO N GENERA L D E AERONAUTIC ACIVI L DIRECCIO N D E TRANSPORT E YCONTRO L AERONAUTICO . SUBDIRECCIO N D E AVIACIO N GENERAL . 101.305 . SECRETARI AD E COMUNICACIONE S 101.421 . Q O O r y

YTRANSPORTE S 0 O O / ASUNTO : S e modific a e l Permis o No.102.419-259 9 de l 2 1 d e

noviembr e d e 1995 . Mexico , D.F. , a 1 2 FES . 199 7 HOTELE S DINAMICOS , S.A . D E C.V . A/C . Lie . CARLO S FERNANDE Z TEIGEIRO . SA N GABRIE L No . 679- 3 COL . CHAPALITA . GUADALAJARA7JAL : , ^ E n respuest a a s u escrit e de.:.feeha^0 3 d e diciembr e d e 1996 , est a Direccio n General , co n fundament o e n lo s articulo s 3o.;'fraccr6nir,yilI , IX , XI I yXIII , 49o. , 51 . y120 . d e l a Le yd e Via s Generale s d e Comunicacion ; 1o. , 3o. , 4oV , ^d., ' fraccio n I , incis o a) , 6o. , fraccione s IV , V , X I yXII , 7o. , 12.,"14. , 15. , 17. , 18. , 24. , 32. , 35. , 38, , 42. , 44. , 47. , fraccione s II , IV yV , 61. . 70. , 74. , 76. . 84 . ydemas..aplicable s a l a Le yd e Aviacion' ^ © " relacio n con . e l articul o 1 8 fraccio n VI , de l Reglament o Interio rd e l a Secretari a d e Comunicacione s yTransportes , medific a e l permis o No . 101.4l'9-259 9 de l 2 1 d e noviembr e de'1995 , yautoriz a a l a empres a HOTELE S DINAMICOS , S.A . D E C.V.^' a amplia rsu s llmite s territoriale s haci a e l territori o cubaho , par a opera rco n la'aeronav e CESSN A501C , MATRICUL AXA - SDI , desd e s u bas e d e operacione s e n GUADALAJARA , JAL , yrealiza r^TRANSPORT E AERE O N O REGULA R D E TAX I AERE O INTERNACIONA L D E PASAJEROS , po rl o tante e l equip e expresament e autorizad o e s e l siguiente: ; EQUIP O AUTORIZADO : VUEL AHACI AE L CONTINENT E AMERICAN O INCLUYEND O CUB A(EXCLUYEND O ALASK A YHAWAI) . -.WN . CESSN A50 1 C;- ' ^ ' ^ MATRICUL AXA-SD I

. . - j i . Est a modificacio n deb e apegars e a l o establecid o e n s u permis o No . 102.419-259 9 de l 2 1 d e noviembr e d e 1995 . ar a l a operacio n d e lo(s ) vuelo(s ) internacional(es ) qu e s e autoriza(n) , es a empres a qued a obligad a a cumpli rlo s requisite s establecido s e n l a NORM AOFICIA L MEXICAN AEMERGENT E NOM-EM-008-SCT-003 , publicad a e n e l Diari o Oficia l d e l a Federacio n e l 3 0 d e Noviembr e d e 199 4 aplicabl e e n l o qu e cerrespend e a l Servici o d e Tax i Aere o Naciona l y/e Internacional , l a cua l s e d a po rreproducid a e n est e permis o ys e consider a part e integrant e de l mismo .SECRETARI AD E COMUNICACIONE S YTRANSPORTE S DIRECCIO N GENERA L D E AERONAUTIC ACIVI L DIRECCIO N D E TRANSPORT E YCONTRO L AERONAUTICO . 

# 833 7

D e cenformida d co n l a Le yFedera l d e Derechos , vigente , est a modificacio n caus a derecho s po r expedicio n d e l a misma , artfcul o 159 , fraccio n II , $ 1,250.0 0 M.N. ; po rregistro , articul o 153 , fraccio n VI . $200.0 0 M.N . N TE JUFRAGI O EFtCTIVO . N O REELECCIO N EUDIRECTO R GENERA L D E AERONAUTIC ACIVI L

Vo . Bo . E L DI R AER O 

# s . c . "•'

D.G.A.C . SALIW S

rO . D ETRANSPORT EAERE O NAGIONA U CALVER A

C.c.p . Direccio n General. - Ofnas . C.c.p . Direccio n Tecnic a yd e Supervision. - Ofnas . C.c.p . Departament o d e Recurso s Financleros. - Ofnas .

### HOTELE S EXHIBI T C 

# LIS T O F KE Y PERSONNE L NAME Lie . FERNAND O RADILL O L.C.P . FELIP ERAMIRE ZG , SR . LUI S GUZMA

NREVELE S 

### POSITIO N GEN . DIRECTO R ADM . DIRECTO R MANAGE R 

### CITIZENSHI P

MEXICAN MEXICAN MEXICA N 

### TELEPHON E

011-52333-647-024 1 011-52333-678-290 0 011-52333-688-514 6

COMPAN Y ADDRES S FO R ABOV E PERSONNE L I S HOTELE S DINAMICOS , S.A . d e C.V . SANGABRIE L 679- 3 COLONI ACHAPALIT A GUADALAJARA , JALISC O 4 4 7 9 0 MEXIC O

### HOTELE S EXHIBI T D

FOREIG NAI R CARRIER S CERTIFICAT E O F INSURANC E OS T FOR M 641 1 o f HOTELE S DINAMICOS , S.A . d e C.V -

# € 1

U.5 . Departmen t o f Transportatio n Offic e o fth e Secretar y Transportatio n o f AGENCYDISPLA YO F ESTirWATE D BURDE N Th e publi creportin g burde n fo rthi s csollectio n ofinformatio n i s estimate d t o averag e 30 minute s pe rresponse . ! f yo u wis h t o commen t o n th e accurac yofth e estimat e o rmak

e suggestion s fo rreducin g thi s burden , pleas e direct you rcomments to ; DO

Tan d OIW

B a t th e followin g addresses : U.S . Departmen t ofTransportatio n Office ofManagemen t an d Budge t Federa l Aviatio n Administratio n an d Office ofInfonnatio n an d l^egulator yAffeir s Fligh t Standard s Service , AF S 26 0 Paperwor k Reductio n Proyec

t 2106-0030 800 Independence Avenue . S.W. . Washington , D.C . 2059 1 

### FOREIG N AI R CARRIER S - CERTIFICAT E O F INSURANC E POUCIE S O F INSURANC E FO R AIRCRAF TACCIDEN TBODIL

YINJURYAN D PROPERT YDAMAG E LIABIUTY FILIN G INSTRUCTIONS : RI e a n Origina l o fthi s for m wit h th e Federa l Aviatio n Administration , Fligh t Standard s Service , Ai rTransportatio n Division , Progra m Managemen t Branch , AFS-260,80 0 Independence Avenue , S.W. . Washingto n DC 2059 1 (Pleas e typ e information , except signatures. ) THI S CERTIFIE S THAT : ALUAN Z MEXICO . S.A . CI AD E SEGURO S ] (Nam e ofInsurer

) ha s issue d a polic

yo rpolicie s o fAircraf

t Liabilit yInsurance t o HOTELE S OtNAMICOS . S.A . D E C.V . Lazar o Cardena s 4070 B Col . Frac a Camin o Real . Zapooa n Jalisco • (Nam e an d addres s o fInsure d Foreig n Ai rCarrier) effectiv e from Februar

yU* " 201 1 unti l te n (10 ) day s afte rwritte n notice ft-om th e insure ro rcarrie rofth e inten t t o terminat e coverag e i s receive d b y th e Departmen t ofTransportation . NOTE : Par

t 205 o fth e Department' s Regulation s doe s no t allowfo ra predetermine d terminatio n date , an d a certificat e shovwn g suc h a dat e i s unacc^table . _^^.^_____^__^_______ _ 1 , Th e Insure r(Chec k

One) : a i s license d t o issu e aircraf t insuranc e policie s i n th e Unite d States ; S i s license d o rapprove d byth e governmen t o fMEXICO D I s a n approve d surplu s lin e insure ri n ttte State(3) of .t o issu e aircraft insuranc e policies ; o r 2 . Th e insure rassumes , unde rth e polic yo rpolide s liste d below , aircraf t acciden t liabilityinsure d t o minimum s a t least equa l t o th e following durin g operation , maintenance , o rus e ofaircraf t i n "foreig n ai rtransportafion* " as that temr i i s define d i n th e Federa l Aviatio n Act (Complete sooticabl e sectio n (s\

below) : A . CANADIA N CHARTE R AI R TAX I OPERATOR S WIT H PART294 AUTHORIT YONL Y Th e aircraf

t covere d b

ythi s polic

yhave : (1 ) 3 0 o rfewe rpassenge rseats an d a maximu m payloa d capacit yof7,50 0 pound s o rless ; and/o r <2 ) a maximu m authorize d takeof fweigh t o n wheel s o fn o mor e tha n 35,00 0 pounds . (Chec k separat e o rcombine d coverag e a s aoomoriatei : 0 Separate Coverages :

Polic yNo . Minimu m Limi t Type ofUabilit v Eac h perso n ^ac h Occurrenc e Combine d Bodil yInjur

y(Excludin g Passenger

s othe r tha n carg o attendants ) an d Propert yDamag e Liabilit

y$75,00 0 Passenge rBodil yInjur

yLiabilit y$75,00 0 $2.000,000*<Se e note ) S75,00ax7Wo ftota l numbe rof passenge rseats installe d i n th e aircraft

^ Combine d Coverage : Thi s combine d coverag e i s a singl e limi t o fliabilit yfo read i occtin-ence at lew t equa l t d th e require d minimum s state d above fo rbodil yinjur y(excludin g passengers) , propert ydamage , and , passenge rbodil yinjury . Polic yNo. , Amoun t o fCoverage . D Thi s polic

ycover s CARG O operation s onl yan d exclude s passenge rliabilit yinsurance . NOTE : I fth e aircraf

t covere d bythi s polic

yhav e mor e tha n 3 0 passfenge rseats o rmor e tha n a maximu m payloa d capacit yof7,60 0 pounds , th e minimu m limi t pe roccurrence shat i b e $20,000,000 .

_OS

TFor m S41 1 0M B No . 2106^03 0 B . FOREIG N AI R CARRIER S OPERATIN G SMAL L AIRCRAF T Th e aircraf

t covere d b

ythi s polic

yare SMAL L AIRCRAF

T(i.e. . wit h 6 0 o rfewe rpassenge rseats o rwit h a maximu m payloa d capacit yo f18,000 pound s o rless) . (Chec k separat e o rcombine d coverag e a s aopropriate) : 0 Separate Coverages :

Polic yNo . Minimu m Limi t Typ e o fLiability Eac h perso n Eac h Occurrence Combine d Bodil yInjur

y(Excludin g Passenger

s othe r tha n carg o attendants ) an d Propert yDamag e Liabilit

y Passenge rBodil yInjur

yliabilit y $300,00 0 $2,000,00 0 • (se e note ) $300,00 0 $300,000x75 % o f tota l numbe rof passenge rseat s installe d i n tt^

e aircraf t 13 3 Combine d Coverage : Thi s combine d coverag e i s a singl e limi t o fliabilityfo reac h occurrence a t least equa t t o Bi e require d minimum s state d abov

e fo rbodil yinjur

y(©tcludin g passengers) , propert ydamaged , an d passenge rbodil yinjury . Polic yNo . AVUS/5 6 . Amoun t ofCaveraa e $ 150.000.00 0 US D Thi s polic ycover s CARG O operation s onl yan d excfc/des passenge rliabilit yinsurance . FOREIG N AI R CARRIER S OPERATIN G LARG E AIRCRAFT Th e aircraft covere d b

ythi s polic

yar e LARG E AIRCRAF

T(i.e. , virit h mor

e tha n 6 0 passenge rseat s o rwit h a maximu m payloa d capacit yof mor e tha n 18,00 0 pounds) . (Chec k separat e o rcombine d coverag e a s appropriate) : a Separate Coverages :

Polic yNo . Minimu m Limi t Typ e o fLiability Eac h perso n Eac h Occurrence Combine d Bodil yInjur

y(Excludin g Passenger

s othe r tha n carg o attendants ) an d Propert yDamag e Liabilit

y$300,00 0 Passenge rBodil yInjur

y$300,00 0 $20,000,00 0 * (se e note ) $300,000x75 % of tota l numbe rof passenge rseats installe d i n th e aircraft D Combine d Coverage : Thi s combine d coverag e i s a singl e limi t ofliabilit yforeat ^

occurrence at leas t equa l t o th e require d minimum s state d abov

e fo rbodil yinjur

y(excludin g passengers) , propert ydamaged , an d passenge rbodil yinjury . Polic yNo._ Amoun t ofCoverage , a Thi s polic

ycover s CAl^G O operation s onl yan d exclude s passenge rliabilit yinsurance . 3 . Th e polic

yo rpolicie s liste d i n thi s certificat e insure{s ) (Chec k One) : Mak e an d Mode l Q Operation s conducte d wit h al l aircraf t operate d b

yth e insure d • Operation s conducte d wit h th e fbltowin g type s ofaircraf t Canadai fLT D CL800-2816,5142 , yea r199 3 S i Operation s vtrith th e followin g aircraft : (Us e additiona l pag e i fnecessary ) FA Ao rForeig n Fla g Registratio n No . XA-MY N 4 . Eac h polic

yliste d i n thi s certificat e meet s o rexceed s th e requirements i n 1 4 CF R Par t 205 . ALLIAN Z MEXIC O S.A. . COMPAKII AD E SEGURp g (Nam e o fInsurer

) UPO N YASOCIADOSAGENT E DESEGURO S YD E FIAhlZAS . S.A . (Nam e o fBroker , i fapplicable ) BLVD . MANUE L AVIL

ACAMACH O 164 CO L LOMAS D E BARRILAC O DESCARTE S 5 4 PI& O 6 CO L NUEV AANZURE S (Address ) (Address ) MEXIC O D.F . 1101 0

(City , State , Zi p Code) ALFONS O MIFJAi^p

A MEXICO.D.F . 1159 0 Contac t (perso n wh o ca n verif

ytli e effectivenes s o fth e coverage ) (City , St0te , 2i p Code) Lie . GEORGE S ALAFO N D E MI N 525 5 5201300 0

# n

U.S . Departmen t o f Transportatio n Office o fth e Secretar y Transportatio n of AGENC YDISPLA

YO F ESTIMATE D BURDE N Th e publi creportin g burde n fo rthi s collectio n o finfontiatio n i s estimate d t o averag e 3 0 minute s pe rresponse . I f yo u wis h t o commen t o n th e accurac yofth e estimat e o rmak

e suggestion s fo rreducin g thi s burden , pleas e direc t you rcomments to : DO

Tan d OM B at th e followin g addresses : U.S . Departmen t ofTransportatio n Federa l Aviatio n Administratio n Fligh t Standard s Service . AFS 26 0 300 Independenc

e Avenue , S.W. . an d Offic e ofManagemen t an d Budge t Offic e ofInfonnatio n an d Regulator yAffair s Paperwor k

Reductio n Proyec

t 2106-0030 Washington , D.C . 2059 1 

### FOREIG N AI R CARRIER S - CERTIFICAT E O F INSURANC E POLICIE S O F INSURANC E FO R AIRCRAF TACCIDEN TBODIL

YINJURYAN D PROPERT YDAMAG E UABILITY FILIN G INSTRUCTIONS : Fil e a n origina l ofthi s fom n wit h th e Federa l Aviatio n Administration , Fligh t Standard s Service , Ai rTransportatio n Division , Progra m Managemen t Branch , AFS-260 , 80 0 Independence Avenue , S.W. , Washingto n D C 2059 1 (Pleas e typ e information , excep t signatures. ) THI S CERTIFIE S THAT : ALLIAN Z MfcCICO , S.A . CI AD E SEGURO S (Nam e ofInsurer

) has issue d a polic

yo rpolicie s o fAircraft Liabilit yInsurance t o HOTELE S DINAMICOS . S.A . D E C.V : Lazar o Cardenas 4070 B Cd . Fracc . Camin o Real . Zaoopa n Jalisco , (Nam e an d addres s ofInsure d Foreig n Ai rCarrier ) effectiv e fro m Februar

y14* " 201 1 unti l te n (10 ) days afte rvmtte n notice fro m th e insure ro rcarrie ro fth e inten t t o terminat e coverag e i s receive d b y th e Departmen t ofTransportation . NOTE : Par

t 205 ofth e Department' s Regulation s doe s no t allowfo ra predetennine d temiinatio n date , an d a certificat e showin g suc h a dat e i s unacceptable . 1 . Th e Insure r(Chec k

One) : 3 i s license d t o issu e aircraf t insurance policie s i n th e Unite d States ; t a i s license d o rapprove d byth e governmen t o fMEXICO . t o issu e aircraft insurance policies ; o r I s a n approve d surplu s lin e insure rI n th e Staters ) of . 2 . Th e insure rassumes , unde rth e polic yo rpolicie s liste d below , aircraf t acciden t liatiilityinsure d t o minimum s a t least equa l t o th e followrin g durin g operation , maintenance , o rus e o faircraf t i n "foreig n ai' rtransportation " a s that ter m i s define d i n th e Federa l Aviatio n Ac t (Complete aooiicabl e sectio n (s i below) : A . CANADIA N CHARTE R AI R TAX I OPERATOR S WIT H PART29 4 AUTHORIT YONL Y Th e aircraf

t covere d b

ythi s polic

yhave : (1 ) 3 0 o rfewe rpassenge rseats an d a maximu m payloa d capacit yof7,500 pound s o rless ; and/o r (2 ) a maximu m authorize d takeof fweigh t o n wheel s o fn o mor e tha n 35,00 0 pounds . (Chec k separate o rcombine d coverag e a s apprppn^(e) : Separate Coverages : Polic yNo . Minimu m Limi t Type OfUabilitv Eac h perso n Eac h Occurrence Combine d Bodil yInjur

y(Excludin g Passenger

s othe r tha n carg o attendants ) an d Propert yDamag e Liabilit

y$75,00 0 Passenge rBodil yInjur

yLiabilit y$75,00 0 $2,000i000*<See note ) $75,00 0 X 75 % o ftota l numbe rof passenge rseats installe d i n th e aircraft Combine d Coverage : Thi s combine d coverag e i s a singl e limi t ofliabilityfo reac h occumenc e at least equa l t o th e require d minimum s state d aijov e fo rbodil yinjur y(excludin g passengers) , propert ydamage , an d passenge rbodil yinjury . PolicyNo. ^ Amoun t o fCoverage . Thi s polic ycover s CARG O operation s on/ yan d exc/i«/e « passenge rliabilityinsurance . NOTE : I fth e aircraf

t covere d b

ythi s polic

yhav e mor e tha n 3 0 passenge rseats o rmor e tha n a maximu m payload capacit yof7,50 0 pounds , th e minimu m limi t pe roccurrence shal l b e $20,000,000 .OS TFor m 541 1 OM B No . 2106-003 0

B . FOREIG N AI R CARRIER S OPERATIN G SMAL L AIRCRAF T

C . Th e aircraf t covere d b ythi s polic yar B SMAL L AIRCRAF T(i.e. , wit h S O o rfewe rpassenge rseat s o rwit h a maximu m payloa d capacit yo f18,00 0 pound s o rless) . (Chec k separat e o rcombine d coverag e a s appropriate) : Minimu m Limi t Separat e Coverages : Polic yNo . Typ e o fLiabilit y Eac h perso n Eac h Occurrenc e

Combine d Bodil yinjur y(Excludin g Passenger s othe r tha n carg o attendants ) an d Propert yDamag e Liabilit y Passenge rBodil yInjuryLiabilit y $300,00 0 $2,000,00 0 * (se e note ) $300,00 0 $300,00 0 x75 % o f

tota l numbe ro f passenge rseat s installe d i n th e aircraf t 1 3 Combine d Coverage : Thi s combine d coverag e i s a singl e limi t o fliabilit yfo reac h oocurrenc e a t leas t equa l t o th e require d minimum s state d abov e fo rbodil yinjury(excludin g passengers) , propert ydamaged , an d passenge rbodil yinjury . Polic yNo . AVUS/5 6 . Amoun t o fCoverag e $ 25.000.00 0 US D Thi s policycover s CARG O Operation s onl yan d exclude s passenge rliabilit yinsurance . FOREIG N AJ R CARRIER S OPERATIN G LARG E AIRCRAF T Th e aircraf t covere d bythi s polic yar e LARG E AIRCRAF T(i.e. , wit h mor e tha n 6 0 passenge rseat s o rwit h a maximu m payloa d capacit yo f mor e tha n 18,00 0 pounds) . (Chec k separat e o rcombine d coverag e a s approDriate) : Separat e Coverages ; Polic yNo . Minimu m Limi t Typ e o fLiabilit y Eac h perso n Eac h Occurrenc e Combine d Bodil yInjury(Excludin g Passenger s othe r tha n carg o attendants ) an d Propert yDamag e Liabilit y5300,00 0 Passenge rBodil yInjury$300,00 0 320,000,000 * (se e note ) $300,00 0 x75 % o f tota l numbe ro f passenge rseat s installe d i n th e aircraf t Combine d Coverage : Thi s combine d coverag e i s a singl e limi t o fliabilit yfo reac h oocurrenc e a t leas t equa l t o th e require d minmum s state d abov e fo rbodil yinjury(excludin g passengers) , propert ydamaged , an d passenge rbodil yinjury . Polic yA/o, . Amoun t o fCoverage _ Thi s policycover s CARG O operation s onl yan d exclude s passenge rliabilit yinsurance . 3 . Th e policyo rpolicie s liste d i n thi s certificat e insure(s ) (Chec k One) : rOperation s conducte d wit h al l aircraf t operate d b yth e insure d 0 Operation s conducte d wit h th e followin g type s o faircraft : a Operation s wit h th e followin g aircraft : (Us e additiona l pag e i fnecessary ) Mak e an d Mode l Learje t 31A . 052 , yea r199 2 FAAo rForeig n Fla g Registratio n No . XA-TG M 4 . Eac h policyliste d i n thi s certificat e meet s o rexceed s th e requirement s i n 1 4 CF R Part 205 . ALLIAN Z MEXICO S.A. , COMPAJ^Jl AD E SEGURO S (Nam e o fInsurer ) BLVD . MANUE L AVIL ACAMACH O 16 4 CO L LOMA S D E BARRILAC O (Address ) MEXIC O D. F 1101 0 lAPO U YASOCIADOSAGENT E D E SEGURO S YD E FIANZAS . S.A . (Nam e o fBroker , i fapplicable ) DESCARTE S 5 4 PIS O 6 COL . NUEV AANZURE S (Address ) (City . State , Zi p Code ) ALFONS O MIRAND A MEXICO.D. F 1159 0 Contac t (perso n wh o ca n verif yth e effectivenes s o fth e coverage ) 525 5 520 1 300 0 / 525 5 554 0 161 8 (City . State , Zi p Code ) y j Lie . GEORGE S A . LAFO N D E MI N /^ /

(Office ro rauthorize d repre i (Are a Code . Phon e Number i e a Code , Fa xNurhbe i 5J5 S 5U8T5 m

(Signaturgnh^plicable ) UFEBRiMR^f^ H

(Date ) 

# 'Alllanz ^ )ode . Phon e Num , 1 4 FE S 20 n 1 4 FEBRU , (Date) ) 

# Aviacio n

# 1 ^

U.S . Departmen t o f Transportatio n Office ofth e Secretar yof Transportatio n AGENC YDISPLA

YO F ESTIMATE D BURDE N Th e publi creportin g burde n fo rthi s collectio n o finformatio n i s estimate d t o averag e 3 0 minute s pe rresponse . I f yo u wis h t o commen t o n th e accurac yofth e estimat e o rmak

e suggestion s fo rreducin g thi s burden , pleas e direc t you rcomment

s to : DO Tan d OM B at th e followin g addresses : U.S . Departmen t ofTransportatio n Federa l Aviatio n Administratio n an d Fligh t Standard s Service , AF S 260 80 0 Independence Avenue , S.W. . Office ofManagemen t an d Budge t Office ofInformatio n an d Regulator yAffair s Paperwork

Reductio n Proyec

t 2106-0030 Washington . D.C . 2059 1 

### FOREIG N AI R CARRIER S - CERTIFICAT E O F INSURANC E POUCIE S O F INSURANC E FO R AIRCRAF TACCIDEN TBODIL

YINJUR YAN D PROPERT

YDAMAG E LIABILIT

Y FILIN G INSTRUCTIONS : Fil e a n origina l o fthi s for m wit h th e Federa l Aviatio n Administration , Fligh t Standard s Service , Ai rTransportatio n Division , Progra m Management Branch , AFS-260,80 0 Independence Avenue , S.W. , Washingto n DC 2059 1 (Pleas e typ e information , except signatures. ) THI S CERTIFIE S THAT : ALLIAN Z MEXICO . S.A . CI AD E SEGURO S (Nam e ofInsurer

) ha s issue d a polic

yo rpolide s ofAircraft LiabilityInsurance t o HOTELE S DINAMICOS . S.A . D E C.V . Lazar o Cardenas 4070B . Col . Fracc . Camin o Real . Zapooa n Jalisco (Nam e an d addres s o fInsure d Foreig n Ai rCarrier ) effective fro m Februar

v14' " 201 1 unti l te n (10 ) days afte rwritte n notice fro m th e insure ro rcarrie rofth e Inten t t o tenminat e coverag e i s receive d b

y th e Departmen t ofTransportation . NOTE : Par

t 20 5 o fth e Department' s Regulation s doe s no t allowfo ra predetermine d temiinatio n date , an d a certificat e showin g suc h a dat e i s unacceptable . 1 . Th e Insure r(Chec k

One) : 1 ' I s license d t o issu e aircraft insurance policie s i n th e Unite d States ; l a i s license d o rapprove d byth e governmen t o fMEXICO . t o issu e aircraft Insurance policies ; o r i s a n apprewed surplu s lin e insure ri n th e State(s ) of . 2 . Th e insure rassumes , unde rth e polic yo rpolicie s liste d below , aircraft acciden t liabilityinsure d t o minimum s at least equa l t o th e followin g durin g operation , maintenance , o rus e ofaircraft i n "foreig n ai rtransportation " as that ten n i s define d i n th e Federa l Aviatio n Ac t (Complete applicabl e sectio n (s ) below) : A . CANADIA N CHARTE R AI R TAX I OPERATOR S WIT H PAR T29 4 AUTHORIT

YONL Y Th e aircraf

t covere d b

ythi s polic

yhave : (1 ) 30 o rfewe rpassenge rseats an d a maximu m payload capacit yo f7,50 0 pound s o rless ; and/o r (2 ) a maximu m authorize d takeof fweigh t o n wheel s ofn o mor e tha n 35,00 0 pounds , (Chec k separat e o roambine d coverao e a s aoprooriate) : Separate Coverages : Polic yNo . Minimu m Lirru t Typ^.QflJ^lf'I'ty . gag/jpgf?ff7 . Eac h Occurrence Combine d Bodil yInjur

y(Excludin g Passenger

s othe r tha n carg o attendants ) an d Propert yDamag e Liabilit

y$75,00 0 Passenge rBodil yInjur

yLiabilit y$75,00 0 $2,000,000*(Se e note ) $75,000x75 % oftota l numbe ro f passenge rseats installe d i n th e aircraft Combine d Coverage : Thi s combine d coverag e i s a singl e limi t ofliabilityfo reac h occurrence at least equa l t o th e require d minimum s state d abov

e fo rbodil yinjur

y(excludin g passengers) , propert ydamage , an d passenge rbodil yinjury . Polic yWo. . Amoun t ofCoverage . a Thi s polic

ycover s CARG O operation s on/ yan d exclude s passenge rliabilityinsurance . NOTE : I fth e aircraf

t covere d b

ythi s polic

yhav e mor e tha n 30 passenge rseats o rnrwr e tha n a maximu m payload capacit yo f7,50 0 pounds , th e minimu m limi t pe roccun-enc e shal l b e $20,000,000 .OS TFor m 641 1 OM B No . 2106-003 0

B . FOREIG N AI R CARRIER S OPERATIN G SMAL L AIRCRAF T Th e aircraf t covere d bythi s polic yar e SMAL L AIRCRAF T(i.e. , wit h 6 0 o rfewe rpassenge rseat s o rwit h a maximu m payloa d capacit yo f18,00 0 pound s o rless) . (Chec k separat e o rcombine d coverao e a s appropriate) : u Separat e Coverages :

Polic yNo . Minimu m Umi t Typ e o fLiabilit y Eac h perso n Eac h Occurrenc e Combine d Bodil yInjury(Excludin g Passenger s othe r tha n carg o attendants ) an d Propert yDamag e Liabilit y Passenge rBodil yinjuryLiabilit y

c m 5300,000 $2,000,000 * (se e note ) $300,00 0 $300,000x75 % o f

tota l numbe ro f passenge rseat s installe d i n th e aircraf t Combine d Coverage : Thi s combine d coverag e i s a singl e limi t o fliabilit yfo reac h occurrenc e a t leas t equa l t o th e require d minimum s state d abov e fo rbodil yinjury(excludin g passengers) , propert ydamaged , an d passenge rbodil yinjury . Po//c yNo . AVUS/S 6 . Amoun t o fCoverag e $ 25.000.00 0 US D r J Thi s polic ycover s CARG O operation s ont yan d exclude s passenge rliabilit yinsurance . FOREIG N AI R CARRIER S OPERATIN G LARG E AIRCRAF T Th e aircraf t covere d b ythi s polic yar e LARG E AIRCRAF T(i.e. , wit h mor e tha n 6 0 passenge rseat s o rwit h a maximu m payloa d capacit yo f mor e tha n 18,00 0 pounds) . (Chec k separat e o rcombine d coverag e a s aoorocrlate) : a Separat e Coverages :

PO//C V No . Minimu m Umi t Typ e o fLiabilit y Eac h perso n Eac h Occurrenc e Combine d Bodil yInjury(Excludin g Passenger s othe r tha n carg o attendants ) an d Propert yDamag e Liabilit y$300,00 0 Passenge rBodil yInjury$300,00 0 $20,000,00 0 * (se e note ) $300,000x75 % o f tota l numbe ro f passenge rseat s installe d i n th e aircraf t u Combine d Coverage ; Thi s combine d coverag e i s a singl e limi t o fliabilit yfo reac h occun'enc e a t leas t equa l t o th e require d minimum s state d abov e fo rbodil yinjur y(excludin g passengers) , propert ydamaged , an d passenge rbodil yinjury . Polic yNo._

_ Amoun t o fCoverage . D Thi s polic ycover s CARG O operation s onl yan d exclude s passenge rliabilit yinsurance . 3 . Th e polic yo rpolicie s liste d i n thi s certificat e insure(s ) (Chec k One) : Mak e an d Mode l Operation s conducte d wit h al l 3in;raf t operate d b yth e insure d Operation s conducte d wit h th e followin g type s o faircraf t a a 3 1 Operation s wit h th e foltowin g aircraft : (Us e additiona l pag e i fnecessary ) Cessn a 550 , 550-0983 , yea r200 1 FAAo rForeig n Fla g Registratio n No . XA-SD I Eac h polic yliste d i n thi s certificat e meet s o rexceed s th e requirement s i n 1 4 CF R Par t 205 . ALLIAN Z MEXIC O S.A. . COMPAlSltAD E SEGURO S (Nam e o fInsurer ) BLVD . MANUE L AVIL ACAMACH O 16 4 CO L LOMA S D E BARRILAC O (Address ) MEXIC O D.F . 1101 0

(C^ , State . Zi p Code ) ALFONS O MIRAND A LAFO N YASOCIADO S AGENT E D E SEGURO S YD E FIANZAS . S.A . (Nam e o fBroker , i fapplicable ) DESCARTE S 5 4 PIS O 6 COL . NUEV AANZURE S (Address ) MEXICO.D.F . 1159 0 (City , State . Zi p Ceaie ) Lie . GEORGE S A . LAFO N D E MI N / /