- - 1 - o



## o C O 

## SCHUMA NAVIATIO NCOMPANY , LT D 13 0 lOLAN APLACE , HONOLUL U , H I 9681 9 808-834-581 3 FA X 808-837-786 7 EMAI LRichard@makanikai.co m



### Februarys , 201 0 Damo n Walke r Docke t Operation s 120 0 Ne wJerse yAv e S E R m W12-14 0 Washington , DC

. 2059 0 

### Docke t DOT-OST-2010-000 6 RE : Lette rdate d Februar y5 , 201 0 Dea rMr

. Walke r Her e i s th e respons e t o you rquestion s o n th e lette ryo u sen d date d Februar y5 , 2010

. #1

. Clyd e Kawasak i starte d workin g fo rSchuma n Jun e 16 , 2009

. #2

. Kyl e Gra yi s n o longe remploye d b yAlpin e Air

. Kyl e starte d ful l tim e October , 3'"'^ , 2010

. #3

. Mik e Ive n i s employe d onl ywit h Schuman , dat e o fhir e Jun e 12 , 2008

. Mik e i s bot h m yFA APar t 13 5 Directo ro fMaintenanc e an d FA APar t 14 5 Accountabl e Manager

. A s fa ra s th e Robinso n Helicopte rFactor y Servic e Center , Mike i s no t a n employe e o fRobinson

. I n Hawaii , Mik e i s name d a s th e Robinso n Factor y Servic e Cente rrepresentativ e fo rmaintenanc e an d al l Robinso n wor k i s ru n thr u th e Repai rStation

. #4

. Enclose d i s January201 0 financials

. #5

. Enclose d i s a lette rfro m Ban k o fHawaii

. #6.Schuma n Aviatio n Compan yLt d doe s no t hav e no rhav e w e eve rneede d a Lin e o fCredit

. Al l capita l expenditure s require d hav e bee n accomplishe d throug h financin g a t traditiona l commercia l establishment s o r purchas e directl ywit h profits

. Pursuan t t o titl e 1 8 Unite d State s Cod e sectio n 1001, 1 RicJiard Schuman , Presiden t o fSchuma n Aviatio n Company , Ltd , i n m yindividua l capacit yan d a s th e authorize d representativ e o fth e applicant , hav e no t i n an ymanne rknowingl yan d willfull yfalsified , conceale d o rcovere d u p an ymateria l fac t o rmad e an yfalse , fictitious , o rfraudulen t statemen t o r knowingl yuse d an ydocument s whic h contai n suc h statement s i n connectio n wit h th e preparation , filing , o rprosecutio n o f th e application

. I understan d tha t a n individua l wh o i s foun d t o hav e violate d th e provision s o f1 8 U.S. C section s 100 1 shal l b e fine d no rmor e tha n $10,00 0 o rimprisone d no t mor e tha n fiv e years , o rboth

.


### Sincerel y G

. Richar d Schuma n Presiden t

Makan i Ka i Helicopter s - Makan i Ka i Ai rCliarter s - K o Olin a Helicopter s - Pacifi cAi rExpres s - Hawai i Aviatio n Service s

## 9:3 5 A M Makan i Ka i Helicopter s 02/10/1 0 Profi t & Los s Accrua l Basi s Januar y201 0
Ja n 1 0 Ordinar yIncome/Expens e Incom e AIRPLAN E INCOM E AIRCRAF TREPAI R HELICOPTE R OPS

. Gif t Sho p Incom e MISC

. SAL E Tota l Incom e Gros s Profi t Expens e AIRPLAN E COS T Professiona l Developmen t OFFIC E SUPPLIE S UTILITIE S TRAVE L & EN T TELEPHON E Repair s REN T PROFESSIONA L FEE S Printin g an d Reproductio n INTERES TEXPENS E INSURANC E EQUIPMEN TRENTA L BAN KSERVIC E CHARGE S AUTOMOBIL E EXPENS E ADVERTISIN G HELICOPTE R COS T DRU G TESTIN G PROGRA M PAYROL L EXPENSE S PROFESSIONA L DEVELOPEME..

. REPAIR S & MAINTENANC E TOU R OP S Tota l Expens e 23,946.0 7 6,912.2 8 147,922.2 7 539.5 7 38.5 6 179,358.7 5 179,358.7 5 -22,296.8 7 33.0 5 2,705.4 2 1,161.9 7 1,063.2 5 2,065.3 8 3,036.6 5 13,101.9 2 5,749.2 1 1,560.2 1 11,085.6 6 5,537.1 0 389,4 2 1,358.6 5 3,741.7 9 13,563.0 1 24,941.8 2 349.0 0 82,091.9 8 4,596:0 0 2,905.0 0 701.4 7 159,441.0 9 Ne t Ordinar yIncom e 19,917.6 6 Othe rIncome/Expens e Othe rIncom e INTERES TINCOM E 22.1 6 Tota l Othe rIncom e 22.1 6 Othe rExpens e OTHE R EXPENSE S 0.0 0 Tota l Othe rExpens e 0.0 0 Ne t Othe rIncom e 22.1 6 Ne t Incom e 19,939.8 2

Page l

### 9:3

6 A M IVIakan i Ka i Heilcopter s 

# 02/10/1 0 Balanc e Shee t Accrua l Basi s A s o fJanuar y31 , 201 0
Ja n 31,1 0 ASSET S Curren t Asset s Checking/Saving s CHECKING-BO H MAXI-MIZE R SAVINGS-BO H Tota l Checking/Saving s Account s Receivabl e ACCOUNT S RECEIVABL E Account s Receivabl e - Trad e Tota l Account s Receivabl e Othe rCurren t Asset s INVENTOR Y INVENTOR YASSE T OTHER S UNDEPOSITE D FUND S Tota l Othe rCurren t Asset s Tota l Curren t Asset s Fixe d Asset s AIRPLAN E Accumulate d Depreciatio n LEASEHOL D IMPROVEMENT S HELICOPTE R FIXE D ASSET S Tota l Fixe d Asset s Othe rAsset s Incom e Ta xReceivabl e - Federa l Incom e Ta xReceivabl e - Hawai i Deposit s LOA N T O G

. RICHAR D SCHUMA N GOODWIL L Accumulate d Amortizatio n Loa n Fee s Accumulate d Amorti z - Loa n Fee s Tota l Othe rAsset s TOTA L ASSET S LIABILITIE S & EQUIT Y Liabilitie s Curren t Liabilitie s Account s Payabl e ACCOUNT S PAYABL E ACCOUNT S PAYABL E - T/ R Tota l Account s Payabl e Othe rCurren t Liabilitie s Interes t Payabl e CURREN TPORTIO N LT D Accrue d Liabilitie s PAYROL L LIABILITIE S SALE S TA X PAYABL E Tota l Othe rCurren t Liabilitie s 82,450.4 3 102,495.8 2 184,946.2 5 147,933.5 0 -22,309.9 2 125,623.5 8 97,082.9 4 -721.5 0 -100.0 0 13,048.5 8 109,310.0 2 419,879.8 5 250,000.0 0 -2,090,656.0 7 105,577.0 1 1,957,536.1 0 724,119.2 1 946,576.2 5 5,381.0 0 14,284.0 0 100,000.0 0 34,851.6 4 280,192.0 0 -192,648.0 0 5,000.0 0 -83.0 0 246,977.6 4 1,613,433.7 4

141,581.7 0 80,941.8 4 222,523.5 4 6,581.0 5 127,000.0 0 5,000.0 0 54,660,7 0 -3,270.0 9 189,971,6 6 Tota l Curren t Liabilitie s 412,495,2 0

Pag e 1

### 9:3

6 A M IVfakaii i Ka i Hellcopter s 

# 02/10/1 0 Balanc e Shee t Accrua l Basi s A s o fJanuar y31 , 201 0
Ja n 31,1 0 Lon g Ter m Liabilitie s NOT E PR B BUILDIN G - 3000000 9 766,919.9 0 LOA N FRO M G

. RICHAR D SCHUMA N 548,022.4 6 NOT E MINIBU S - PR B #2200005 0 22,977.7 6 NOT E PAYABL E - PR B HELICOPTE R 786,201.1 9 Not e Payabl e - BO H #246 6 -979.7 4 Not e Payabl e - BU S BO H #235 7 11,615.2 6 Not e Payabl e - BU S BO H #228 1 9,671.4 2 NOT E PAYABL E - SB A15,803.8 6 LES S CURREN TPORTIO N LT D -127,000,0 0 NOT E PAYABL E 850,918.7 8 Tota l Lon g Ter m Liabilitie s 2,884,150.8 9 Tota l Liabilitie s 3,296,646.0 9 Equit y Capita l Stoc k

20,000.0 0 RETAINE D EARNING S -40,735.1 3 OPENIN G BA L EQUITY-1,682,417.0 4 Ne t Incom e 19,939.8 2 Tota l Equit y-1,683,212.3 5 TOTA L LIABILITIE S & EQUITY1,613,433.7 4

Pag e 2

# J hBan

k of Hawai i

Febraar y 8,201 0

To Who mI t Ma y Concern : Thi s lette r i s i nrespons e t

o you r request fo r aBan k credi t referenc e fo

r SchumanAviatio nCompany^ Ltd

. The compan

y ha s bee naBan k of Hawai i custome r sinc e 1998

. Presently , th e compan y maintain s abusines s checking an dsaving s accoun

t wit hthe Bank

. Balance s in the checking an

dsaving s accoun

t ar e i nthe lo w six-figures

. The accounts hav e bee n handledinaver

y satisfactor

y maimer

. Overall , Ban

k o f Hawai i ha s experiencedaver

y satisfactor

y banking relationshi

p wit hSchumanAviatio nCompany , Ltd

. an dit s principal

. Shoul dyo u have an y question s o

r requir e furthe r assistance , pleas e fee

l fre e t o call m e a t (808 ) 694-8843

. Sincerely , Bank o f Hawai i 

# 0-^vK Dir k Yoshizaw a Vice Presiden

t an d Commercia

l Bankin g Office r

P O S;.; K S90 0 ' Hot;aJi.>ki

. H ! 968''6

- 600 0 ' Te

- i -8:58-6-J3-3S8 S • te!i,reni