Sovereign Air, Inc.

A Unique approach with a unique proposal.

• The communities of Jamestown and Devils Lake should expect tiCN!t p'ri~es::

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to drop by at least 50%. (;, S?2{':"

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• All revenue generated stays in these communities. °u ~~2;

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• These communities should not need EASFunding within 2 or 3 years ::;:~~8

following our program. ~ 'C'O

• The communities have the opportunity to participate in the revenue

sharing with SAl.

• SAl is dedicated to furthering economic development within the Jamestown

and Devils Lake communities.

For more information you may contact:

Bob Karns, V.P. & General Manager:

Email: bobkarns@sovereignairinc.com

Phone: 701-278-3747

Jim Knox: Assistant to Mr. Karns

Email: jimknox@sovereignairinc.com

I

Phone: 503-383-1534

Sovereign Air, Inc.

Proudly Assisting EAS Qualified Communities

701-278-3747
SOVEREIGN AIR, INC.

Jamestown Docket DOT-OST-1997-2785

Compensation annual requirements for Essential Air Service at twenty four (24) ROUND TRIPS from

Jamestown, North Dakota to Minneapolis, non stop, per week featuring 19 SEAT JETSTREAM 31 or 32 WITH

back Up. Aircraft has 97% completion rate.

Minneapolis Hub - Proposal #2

Departures:

Mileage:

Block Hours:

Aircraft Passenger Seats:

Revenue Passenger Miles:

Available Seat Miles:

Revenue:

Passengers

Other Revenue

Total Revenues:

Expenses:

Direct

Indircet

Total Expenses:

Loss

Profit

Compensation Annual Required:

Passengers Per departure

L/F

2% Passenger revenue

Per Block Hour

5.0% Total Expenses

4.130525

0.217396

10,000 at

$1,000

$99 $990,000

$49,500

$2,421,000

$443,286

2,421

299

2,421

19

80,350,569

13,753,701

$1,039,500

$2,864,286

$1,824,786

$143,214

$1,968,000

Note: Sovereign Air, Inc. will work hand in hand with the Jamestown Community to get over

10,000 passengers this year. SAl will be using Jamestown aircraft as a second aircraft to fly

additional flights to meet the travel needs (38 seats) as well as working with travel agents for

sporting and other special events requiring air travel (extra week end flights).

Sovereign Air, Inc.

Proudly Assisting EASQualified Communities

701-278-3747
SOVEREIGN AIR INC.

Devils Lake Docket DOT-OST-1997-2785

Compensation annual requirements for Essential Air Service at twenty four (24) ROUND TRIPS from Devils

Lake, North Dakota to Minneapolis per week with Jamestown stop as needed featuring 19 SEATJETSTREAM

31 or 32 WITH back Up. Aircraft has 97% completion rate.

Minneapolis Hub - Proposal #1

Departures:

Mileage:

Block Hours:

Aircraft Passenger Seats:

Revenue Passenger Miles:

Available Seat Miles:

Revenue:

Passengers

Other Revenue

Total Revenues:

Expenses:

Direct

Indirect

Total Expenses:

Loss

Profit

2% Passenger revenue

Per Block Hour

5.0% Total Expenses

10,000 at

$1,100

$99 $990,000

$49,SOO

$3,195,720

$443,286

2,421

3S1

2,90S

4S,999

3,S10,000

2,468,7S4,709

$1,039,SOO

$3,639,006

$2,599,506

$181,950

Annual Compensation Required: $2,781,456

Passengers per departure 4.130525

L/F 0.217396

Sovereign Air Inc. will be using Jamestown aircraft as a second aircraft to fly extra sections to meet the travel

needs (38 seats) as well as working with travel agents for sporting and other special events requiring air travel

(extra weekend flights).

Sovereign Air, Inc.

Proudly Assisting EAS Qualified Communities

701-278-3747