BEFORETHEDEPARTMENTOFTRANSPORTATIONWASHINGTON,D.C.Inthematteroftheapplicationof)SALSAD’HAITI))foranexemptionfrom49U,SC.§41301)DocketDOT-OST-2010—APPLICATIONFOREXEMPTIONCommunicationswithrespecttothisdocumentshouldbeaddressedto:CharlesF.DonleyIISquire,Sanders&DempseyL.L.P.1201PennsylvaniaAvenue,N.W,Washington,DC.20004(202)626-6840phone(202)626-6780faxcdonley(4ssd.comCounseltoSalsad’I-IaitiDATED:April28.2010BEFORETHEDEPARTMENTOFTRANSPORTATIONWASHINGTON,D.C.InthematteroftheapplicationofSALSAD’HAITI)foranexemptiontom49U.S.C.413Ol))DocketDOT-OST-2010-APPLICATIONFOREXEMPTIONSalsad’Haiti(“Salsa”).pursuantto49U.S.C.40109,herebyrequestsanexemptionfrom49U.S.C.41301and.totheextentnecessary,fromanyotherprovisionsofTitle49andtheEconomicRegulationsoftheDepartmentofTransportation(“Department”)topermitSalsatoengageintheforeignairtransportationofpersons.propertyandmailbetweenPort-au-Prince.Haiti.andMiami.Florida.pursuanttoacodeshareagreementwithInselAirInternationalB.V.(“insel”).SalsarequeststhatanyexemptiongrantedbytheDepartmentpursuanttothisapplicationremainineffectforaperiodofatleastoneyear.SalsaintendstocommencecodeshareservicewithInselonMay15,2010,andrequestspromptapprovalofthisapplicationsothatmarketingandsalesmaybeginimmediately.1Infurthersupportofitsapplication,Salsastatesasfollows:1.TheApplicantSalsaisa1-laitianairlinethatbeganoperationsinMay2009.SalsacurrentlyoperatesfourtimesdailybetweenPort-au-PrinceandCapHaitianutilizingBritishAerospaceJetstreamSalsaunderstandsInselisseparatelappliniforastatementofauthorizationpermittingittodisplaySalsa’sdesignatorcodeonInsel’sPort-au-Prince-Miamiflights.ApplicationofSalsadi-JaitiDocketDOT-OST-2010-_____April28.2010J31aircraft.PlanscallfortheexpansionofservicetoadditionalHaitiancities.includingPortduPaix.Jeremie.LesCavesandJacrnel.Salsa’sheadquartersarelocatedinPort-au-Prince.Itsprincipalbusinessofficeislocatedatthefollowingaddress:Salsad’HaitiAeroportToussaintLouverturePort-au-Prince,HaitiSalsaisorganizedandexistsunderthelawsofHaiti.SalsaisacitizenofHaitiandissubstantiallyownedandeffectivelycontrolledbyHaitiancitizens.Salsaismajority-ownedbyMarie-FloreMondesir.a1-laitiancitizen.Salsa’sremainingsharesareownedbyArienthiranPrakash,whoisaU.S.citizen,andEricFelicie,acitizenofFrance.SALSAOwnershipStructure(TotalEquity)ShareholdersCitizenshipOwnershipMarie-FloreMondesirHaiti51.00%ArienthiranN.PrakashU.S.A.48.00%EricFelicieFranceI.00%Salsa’sseniormanagementteamconsistsofsevenpersons.oneofwhomisaHaitiancitizen.TheremainingofficersarecitizensoftheUnitedStates(3).Mexico(1),Honduras(1)andFrance1).ExhibitAheretolistseachofSalsaskeymanagementofficialsandtheircitizenship.Salsadoesnothaveaboardofdirectors.ShouldtheDepartmentfinditisunabletoconcludethatSalsaiseffectivelyownedandsubstantiallycontrolledbyHaitiancitizens,Salsarespectfullyrequestsawaiverofsuch2HaitianlawdoesnotrequirethatcompaniesorganizedinHaitiemploboardsofdirectors,ApplicationofSalsad’l{aitiDocketDOT-OST-2010-April28,2010requirement.WaiveroftheDepartmentsownershipandcontrolstandardsinthisinstancewouldclearlybeconsistentwiththepublicinterestandinaccordancewiththeDepartment’spracticeinpastcases.includingthoseinvolvingHaitiancarriers.Inreviewingforeigncarrierapplicationsforoperatingauthority,theDepartment’sgeneralpolicyhasbeentorequirethatthecarrierdemonstrateitissubstantiallyownedandeffectivelycontrolledbycitizensofitshomeland.TheDepartmenthas,however,approvedwaiversfromthisrequirementinnumerouscaseswhereithasdeterminedthatnon-homelandownershipandcontrolwouldnotbeinimicaltoaviationinterestsoftheUnitedStates.TheDepartmenthasapprovedwaiversinothercasesinvolvingHaitiancarriers.InApril1999.theDepartmentapprovedawaiverforHaitiInternationalAirlineS.A,.whichwas55percentownedbhaitiancitizensand45percentownedbyacitizenoftheNetherlands.TheDepartmentconcludedthatawaiverwasappropriatebasedonitsfindingsthatthecarrierwasproperlylicensedbytheHaitianGovernmentandthatawaiverwouldnotbeinimicaltoU.S.aviationpolicyorinterests.Salsasubmitsthatawaiverissimilarlyappropriateinthesecircumstances,shouldtheDepartmentconcludethatitsapplicationraisesanyownershipandcontrolquestions.Theconsiderationsfavoringsuchawaiverareparticularlycompellingwhere,ashere,thesecondlargestshareholderisaU.S.citizenandtheUnitedStateshasanopenskiesagreementwiththehomelandofthethirdshareholder.4Aot,ceofAdionJikoii.DocketDOT-OST-1998-3666.April15.1998lnspiteoftheGctthatareunabletofindthatHaitiInternationalissubstantiallyownedandeftctivelvcontrolledbyhomelandnationals.‘efinditappropriatetossaiveourownershipandcontrolrequirements.ThecarrierisproperlylicensedbytheGovernmentotHaititoperformtheproposedservices,andthereisnoe’idenceontherecordhichouldsuggestthattheownershipofthecarrierwouldbeinimicaltothS.aviationpolicorinterests”)rLli111(01(IHoot4ialnoiS4dhLi-InDoiii\1‘ItonTiIunDocketDOTOTI992999.No\ember5.1997(approvingaaiverdespiteathirtpercentownershipinterestina1-laitiancarrierbaSpanishcitizen);ApplicationofAirDorninicanaLA..Order2008-11-2,November5.2008.andOrder2009-1-IS.ApplicationofSalsad’HaitiDocketDOT-OST-2010-April28,20102.TheProposedServiceUnderthecodeshareagreementbetweenSalsaandInsel,SalsawillplaceitsdesignatorcodeondailyscheduledflightsoperatedbyInselbetweenPort-au-PrinceandMiami.Undertheauthoritysoughtinthisapplication.SalsawillnotoperateanyofitsaircrafttoorfromtheUnitedStates.6SalsathereforerequestsanexemptionpermittingSalsatoengageinscheduledforeignairtransportationofpersons,propertyandmailbetweenPort-au-Prince,Haiti,andMiami,Florida,pursuanttoitscodeshareagreementwithInsel,AllcodeshareflightswillbemarketedinaccordancewiththeDepartment’sregulationoncodesharingcontainedin14C.F.R.257.3.FitnessSalsa’soperationsareauthorizedandregulatedbytheGovernmentofHaiti.HaitiisacontractingStatetotheConventiononinternationalCivilAviation(ChicagoConvention”)andobservesallapplicableICAOstandards.AppendedheretoasExhibitBisacopyofSalsa’sJanuary23,2009:ApplicationofTransLatinAir,Inc..Order93-2-12,February4.1993(approvingawaiverdespiteaforty-eightpercentownershipinterestinthePanamaniancarrierTransLatinAirbyColombianinvestors):ApplicationofPrenilair.NoticeofAc/onTaken.DocketOST-97-2167,February28.1997(approving100percentownershipofaDanishcarrierbyaU.K.corporationwithsignificantU.K.citizensownershipandboardrepresentation);NoticeofActionTaken,DocketDOT-OST-2005-22140,September30,2005(approvingawaiveroftheownershipandcontrolprovisionoftheU.S-ArgentinaagreementforLanArgentinanotwithstandinga49percentownershipinterestinLanArgentinabyChileancitizens).See,also,ApplicationofAerolane,LineasAereaNaclonalesdelEcuadorNAdiE/aLanEcuador,Order2003-3-9,March12,2003(approving45percentownershipinLanEcuadorbyChileaninterests);NoticeofActionTaken,DocketDOT-OST-2007-26981,March16,2007(approving49percentGermanownershipintheChinesecarrierJadeCargoInternationalCompanyLimited);NoticeofActionTaken,DocketDOT-OST-1995-617,August31,1999(approvingawaiverforthePeruviancarrierCielosdelPeru,S.A.despite70percentownershipbyArgentinecitizensandanArgentineboardchairman>.lnselcurrenthholdsanexemptionandforeignaircarrierpermitauthorizingittooperalebetweentheNetherlandsAntillesandtheUnitedStates,viaintermediatepoints,andtoconductchartersinaccordanceGththeDepartmentste,.ulitions‘ii.1mTd.,DocketDOFOSF200’219December221100md4,‘ryjib/AirInternationalB..Order20(37-12-1.December3.200.Pursuanttotheseauthorizations.SalsaunderstandslnselintendstoshortlxresumeoperationofitsdailyCuracao-Port-au-Prince-Mianiischeduledservice.SalsawilldisplayitscodeonthePort-au-Prince—MiamisegmentoflnseFsflights.TheFAAhasplaced1-laitiinCategory2EarpurposesoftheFAA’sIASAprogram.Asaresult.haitiancarriersarelimitedtoservingtheUnitedSlatesviaetleaseorcodesharewithanauthorizedcatTier.4ApplicationofSalsad’HaitiDocketDOT-OST-2010-April28.2010homelandoperatingauthority.Thislicenseisvalidforatwo-yearperiodthroughOctober20,2011,andissubjecttorenewaluponapplication.ThislicenserepresentsalloftheauthoritySalsarequiresfromtheHaitianGovernmenttoprovidetheservicedescribedherein.TheaddressoftheHaitianaeronauticalauthorityis:OfficeNationaldel’AviationCivile(OFNAC)BP1346Port-au-Prince,HaitiTheequipmentutilizedtooperatethecodeshareserviceisandwillcontinuetobemaintainedbyInsel.SalsaunderstandsthatallmaintenanceonInsel’saircraftisperformedinaccordancewithprogramsthatcomplywiththeprovisionsofICAOPilotsandAirmenAnnexes1.6(Part1)and7.SalsaisattachingasExhibitCitsWarsawagreementonFormOST4523.Salsahasneverbeeninvolvedinafatalaccidentorhadanytariffviolations.Salsa’sfinancialstatementsareappendedasExhibitD.SalsaoperateswithoutassistancefromtheHaitianGovernment,4.PublicInterestFactorsServicebetweentheUnitedStatesandHaitiisnotgovernedbyabilateralairtransportagreement.Rather,theU.S-Haitiaviationrelationshipisbasedoncomityandreciprocity.Theairtransportmarketbetweenthetwocountrieshashistoricallybeenopentoallcarriers.Notsurprisinlv.themarkethasbeendominatedbyU.S.carriers,includingAmericanAirlines,SpiritAirlines,andDeltaAirLines,offeringservicefromFt.Lauderdale,MiamiandNewYork.ThelimitedauthorityrequestedbySalsatoholdoutcodeshareservicetoMiamishouldbeapprovedbasedonthebenefitstheHaitianGovernmenthasmadeavailabletoU.S.carriersinthepastaswellastheoverallaviationrelationshipbetweentheUnitedStatesandHaiti.Infact.theUnitedApplicationofSalsad’HaitiDocketDOT-OST-2010-April28,2010StateshasrepeatedlyrecognizedtheexcellentstateofaviationrelationsbetweenthetwocountriesinapprovingapplicationsofHaitiancarriers.5.EnvironmentalConsiderationsSalsasubmitsthatitsapplicationraisesnoenvironmentalorenergyissues.AllofSalsa’sservicesunderthisexemptionwillbeconductedinaccordancewithapplicablenoiseabatementrequirements.Similarly,sinceapprovalissoughtonlytodisplaySalsa’sdesignatorcodeonInsel’sflights,approvalofthisapplicationwillnotresultinanear-termincreaseinfuelconsumptionoftenmilliongallonsormore.WHEREFORE.Salsad’Haitirespectfullyrequeststhatitbegrantedanexemptionfrom49U.S.C.41301totheextentnecessarytopermitSalsatoengageinscheduledforeignairtransportationofpersons.propertyandmailpursuanttoitscodeshareagreementwithInselAirInternationalB.V.asmorefullydescribedherein,orsuchotherreliefastheDepartmentdeemsnecessaryandproper.S\Iioo/ilD0kLtDOTOS11996156\h2fl99tin..exemptionUT—1amAnIrc.ihtInteriatioiiStI4iniTiA1,DockuDOTOSFQQ6I08SeptLmber)9QrenenexemptionofHa\nanAanonLnes.SA.dbaHalisaAir:VotfceofIcilonTakcn.DocketDOT-OST-i995-758.September25.1997(renewingexemptionofHaitiNationalAirlines):Voriceof.4ct/onTaken.DocketDOT-OST1997-2999.Noember5.1997(approvingexemptionapplicationofHaitiAviation.S.A.dhaAirD’aiti):Not!ceo!ActionTAken.DocketDOT-OST-1998-3666.April15.1998(approvingexemptionapplicationofHaitiInternationalAirlineSAl:VodccofAct/vuTaken.DocketDOT-OST-2002-12061.Ma2.2002(approvinoexemptionapplicationofHaitiAmbassadorAirlines.S.A.):\onccofAcr/onTaken.DocketDOT-OST-2002-11947,\11\22002tpproin.‘mptionppliLanonofHaitiCrihhLanAulinesSAApplicationofSalsad’HaitiDocketDOT-OST-2010-April28,2010Respectfullysubmitted,JA•••.•CharlesF.DonleyIISquire,Sanders&DempseyLL.P.1201PennsylvaniaAvenue,NW.Washington,DC.20004(202)626-6840phone(202)626-6780faxcdonley(ssd.comCounseltoSalsad’HaitiDATED:April28,2010ExhibitASalsad’IiaitiKeyManagementOfficialsNameandTitleCitizenshipArienthiranN,Prakash*U.S.A.PresidentAnaMariaMoreno*MexicoVicePresidentEricFelicieFranceDirectorofOperationsHoracioLiconaHondurasDirectorofMaintenanceRoyRetaU.S.A.ChiefInspectorMythzardThelismaHaitiDirectorofFinanceRobertLutzU.S.A.ChiefPilot*1r.PrakashandMs.Morenoarespouses.Salsad’HaitiLicenseExhibitB

# (AOC) 11 est certifié

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que SALSA D’UAITI Aénoganc

Guy Malary Port-au-Prince,

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# a Port-au-Pnince

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G6nérai (Titne) Lcrnerurre (Now)AIREXPLOITATIONPERMIT(AOC)This.ertifiesthatSALSAD’HAITIAerogareGuyMalaryPortauPrince.HaitiSatisfyingtherequirementsofFebruary7,1961DecreethatgovernsairtrafficmHaiti,whichonSeptember29w,.T8DcreatedtheCivilAviationNationalOffice(OFNAC)andofHaiti’sCivilAviationRegulations(RACH/HCAR)Jnfaithtowhompresentsthispermitwillbedeliveredtheauthorizationtoexploitcommercialairtransportserviceinconformitywiththisdecree,Regulation(RACH/HCA.R)aswellastheconditionsandrestrictionsthatpreventspertheOperationsSpecificationsannextothisdocument.Thispermitisnotassignableunlessitisabdicatedfromtheholder,suspensionorrevocation,thisisvalidfortwo(2)years.AsperGeneralDirectorofOFNACLr



# 5gnatureSalsad’llaitiWarsawAgreement(Form4523)ExhibitC‘IDocketOST95236USDepartmentofTrarisportahon-AGREEMENT-rfrt--I-i-ierdff-ftQtafs-i1,riPhCn((,C01-ffrrr-atenrtstfa2tv1-rre-0jrra”aaor.njscredaWarcass)br22:P22ovibe-raot5aKCower1iSIOCdedIe°-oroo-so-itThet-aoueTestercc28Th.92Fiseve-;reeocannew00‘-frm22’icleanCortserhrosn-r,’-’tsc--sr-’e--’n--)---r1ThsrZcras-n‘macrca-it--&‘-w-r5cjCcirewfOasaewedessa-r’occ‘,f:ansooneow-ac’r-’damageSta’es0’aasaooi.con-:‘turn’nate-tageeJatcocOn5:rn:hta”d,ri”,nr’ae”.esc—:iSSOcCro-teJego‘ceawnrssx0Th:2’,ra.ac:aoroug’’0cSt-mew%u-ct--o0a0Fepaateawcrfgelfeesandoststhern-i’rtahetoesamofS$oB,oJfcxsite&legalteesarCcostsThCaretsC.1faifespemttoarcawans,gtftn°deatbwaurdirgrcttertiiy:n;yfaaseratfa,desardarCeitfsati(recrmsat’oonasaande4bsadFroteN’rtnngheer,saibeceeredtoaf’ecttheoghtsandlabteso’saLarerw.hregardtoavtaimsang5bujruehefof,resrcttfa:arersoccoohaswiLi:1auscO2ragesi2eshed‘deat-’a’ar-dogorttCCSCacasstrwnrEacnFarrers-iaa’toetn-cc’Cowryo’meticeettc’nishtoeachpassenoerwhcsetranscolatonsgown-cooyfr-crt’e”CrrntOntThrverttonasamer-dec2‘heHague°-mocoa—cv,thesoecacontractoescnses0oaaarap”thecongrtce,--mon502heormat-pnatenjsarcsi-aincsntmule”tiner’in:2zc’OrentngiiItheeaci-‘‘‘etipeecofcaror‘a’orolared‘rrhotwetoncecovtr-‘‘ct2erattacpntotoohckeror‘ntoo’Ct0etritleDVICFtNTf’RJAfAfPA’SPsCPPCNLMTA’ONOFF’BffToass°ncersace2f5StgaebTafedesittafr-rs1f.rCrtrytethattteriirinfoena—acseeFatloopsasofa‘reatyswastheWarsaworveototaa2apolabetotheentreJoen’notedogaryp0don‘o’’’yahothecountry-noanirnestioator‘-a’suchpaweogers‘‘najornevtofroma-witanaqreeofoopngotacetheLi“tedat,Ce’-rtAraa‘Thr-,-en’-rraSo’-rar’w’tsof.‘‘‘ageena’°-erip-p-ante‘aftcfaivheifa’‘neabC1of[cena-nna’’sifcare-a-c-e”ar-re’carerssalestogji-50ccico-5mr’stro°a’—ct-vre’swai•“,,‘c‘oeassenga-s‘Sr-ren-’—’-s’casoc-c5e-oamagesnc’t-5s--eeotaSS:.-Ooegasnmgea-c:nat”winc.cc’deoernrc—nec.ge’oea-“ccaln’t-’ecar‘enTo-crCraccengers’taaofgOvacm’s’a-tapanytosrhnoecat,OrttlcCS00aurniyr’Ifn‘i-svrgatagreed‘c,F‘g-acea-heinfe-iSte’esatAmerOnantItfhe“a’”—rrieahca—-aroe-s-irsdirmst‘SaporoatS$C/CtS$2i00Cnerfr----a-htc-a-rtrautsa-ib”adietffccsIFcar,,r’dri,exanneit%c’i-iayL-tO2ast-‘rtelti----t-aftccohvnit’-a-‘1a-rn’sct,,.acCa-o----0W—’Ona-—---C-a-e’5-s‘:njsO-j’2’c-‘‘s--i-‘s-w-,e-,i--‘‘‘-,—.------‘-t-•—c—--mw-.-I_-------—--p5--,,a-‘----cs_-S--f’---,-,et-”<-n-----1?1-‘-i-0iJt-—



# ICt‘3S‘-nr,-’r4023-Lu-me-I,048r-0,263-Salsad’llaitiFinancialStatementsExhibitD3PVSalsad’Haiti,&A048BaianceSheetaBaAsofDecember312009UASSEzcurrentAssetskq%a9511CahOudInoankGourdes3UmbankUSOTotaliskwqSan,jsAccounsFecewablcAccountsRecewableHTG4AccuntsNeonableUSotalAccoun44Reccwabk444talCurreitAssetsF3dsseAcumulatedDeprecat°rA%rcrattNHANATotalflxedAssetsTOTALASSETS—T0LIABILITIES&EQUITYLiabhuesCurrenLabhesAccountsPayableAccountsPayableHTOG’ATtalAccountsPayabeHTGAccourtsPayable33TotalAccoutsPayablxOthecurrentUabhmsArportTaxesTA7GoernmentTaxesTCA1344PayrollLiabdthesIRICFGDCTONA44TotalPayrollIabhh5Tota0thrcurntLiabdrhes14touenLabthheLuqTcnLabnhesLoartrrrSharchIdIToTtEqtPor339PMSalsa&Haiti.&A040910



# Profit

& LossAccrejSassJanuarythroughDecember2069JanDEC09OrctinarsncumeExpenseincomeSales0aengerTharterPassengePassengerCAPOnePurdtnpP44/Tota’PassengerCAPPd3sengerPAPOne:‘ayRoundtnpTotalPasenqrPAPTotalPassenger4PPassengerCanc&atiorIiI’0TotalSalesCommissionsTravelAgencyTotalCnrnrress’ousCourierCourierCAP4CourierPAP244CourierOtherTotalCouner4’ExcessLuogageExcessLuggageCAPSj3ExesuggagePAP44TotalExcessLuggageTotalIncomeGrossProtitExpenseDeprec;atenExoense---FuelSurchargeCONA(Pension)5C?9CanbintairpOfficeandAporEqmpmnt2tatoist°APIcansortatonPAPPAPTaxiDriverIrspo’IanonPAP(FTAaTransp—±tatcncr107noA-rP110zOO’C-t_r’,P5)rtitionOARTtalStah44CPStCarArpartmeitrteretCapFtPtrxpens’TotalCanAptarvnentA-10C-,s44(01°°agI7.319PMSalsadHaitl&A.04)08/10



# Profit

& LossAccrualBasisJanuarjthroughDecember2009Jan-Dec09General&AdministrativeAutomobileExpenseAutomobileExpense1229<99Companycarfuel1<86125TotalAutomobileExpense3,699.44OfficeExpensesOfficeSuppLes1,54215Te<lephoneExpense2,23525ComputerardlntenetExpensesTotalOfficeExpensesBankServiceChargesWirebankfeesMerchantfeesTotalBankServiceCharges1,689.07ContractEmployee64,25020Passengerservicessalary3,751596AirportPAPsalary3,82229<AirportCAPsalary814,83Accountingsalary2,320.93ManagementexpensesTravelandentertainmentAccomodationMeals1655.47Travelandentertainment-Other1604783Tot-siTravelandentertainment30156.70TotalManagementexpenses30,15379General&Administrative-Other11520TotalGeneral&Administrative15,691<37ACMIHH-ANAEnginereservesexpenseAircraftRentAircrftInsuranceMaintenanceManualsLaborMechanics59020LaborOther2,684<00TotalLabor3<18<4<00PartsParts<56,338<72Expenrtahles795.12CustomsFees2<24.0<9PartsSnpninu3.57757TotalPartsTotatklain.tenanceParkingParktngCAP70j7TotalParking2,256<92TotalKH-ANA1-96<245.33FlightOperationsCrewMeatsandEmertainmentAccomodahonLicensesandPermitsPage2339PMSalsad*HaitiSA.040910Profit&LossAccnalBasisJanuarythroughDecember2009Jan$Je09SalaryPilots4’4TtaiSalar1‘2uniformsTotalCres1TotalFlightOperationsTotalACMI445441FuolLandngLandingCAPr49LancingPArTotalLanding449HandlingPubhcity186RepairsandMaint°nance1F6kylanInternationalJamaicaUutoitieF9TotalExpenserJetOrdinaryIncome64OtherlncomeExpense(4thilntoriieServiceschargeTotalOtherlnrome46OtherExpenseExchanoeGanorLosTotalOtherExpensrNetOtherIncome44NtIncome36819!65ge3.46P’i



# S&sa dHaiti.

&A.040910



# Baiance

SheetAccrualEastAsofApril8,2010



# rASSETSCurrentAssetsCheckinaSaoingsPottsCashOcurdesUnibankGc-urriesUmbankUSOToalCheckmSavinoIAccountsReccivabltAccountsReceivableHTG4‘AccountsReceivableUS-.7TotaiAccountsReceivableTotalCurrentAssetsFixedAssetsAccumulateaDeprectation0AircraftHHAbA1)73TotalFixedAssetsTOTALASSETS742859,89LlABlLlTIES&EQUITYLiabilitiesCurrentLiabbtiesAccountsPayableAccountsPayable-HTGONATotalAccourtsPayableHTOAccountsPayablc4TotalAccountsPayable451-OtherCurrentLiabilibesAircraftLeaseHH-ANA-‘3CCC



# ccAirportTaxesTACVGovernmentTaxesTCA-PayrollLiabilities11718CF000TflEA/4TotalParollLiabilities71TotalOtherCurrentLiaM!tiestotaiCurrentLiabilitiesLongTermLiabtltesLoantrorrShareholderLongrtat/IaabtlitcOpe:.ingBale--aEouiNetIn.om1):aLqoe10AABEiTIE&EQUITY4285&89°age13d5Prt



# Salsa dHaiti.

SA.040



# Profit

& LossAcu.sBasisJanuarythroughDecember2010arDc.10Ordr.arvIncomeExjenseSalesPasengercharterPassengrPassengerCAP‘ieWayRoudTnTotalPassengerCAPPasseNcrPAPOnesayPoundtopTotalP55flgPrPAPTotalPassengerPassengerCamelahon34fTotalSales4CornnasstonsTraielAoency400’TotalCommtsstonsCoure-rCounerCAPCounerPAPC.orscOtherTotalCourterLF1ExcessLuggageExcessLuggageCAPExcessLuggagePATotalExcessLuggageD!screpancesO’seragcsShortagesTotalDtscrepanctesotalscorrOrosProttlExpenseThelSurchargeStanonCostPAPTransportai’cnPAPPontno&ReproducttalttoI’ATrrpa-S!iti‘sLA”(acA,oertmentrlcoz’is—TstalCarApvrInotiCPOqo345P



# Saisa dHaiti.

SA.040810



# Profit

& LossAcrBassJanuarythroughDecember2010Ja’0cc16General&AdmmistratrveAutomobileExpenseAutomobileErpenseCompanycarfuelTotalAutomobileExperseOttfreExpensecTelephoneExpense4ComputerandInternetExpenses9CTotalOfficeExpenses4J5BankServiceChargesfterchantfeesTotaBankServiceCnarc1esContractEmpioyePassengerservicessalaryJJ;AirportPAPsalary‘494i’AirportCAPsalary‘81AccountingsalaryCManagementexpensesTravelandentertainmentMealsTrave’andenterlarnmentDinerTotalTravelandentertainmentTotalManagementexpenses4ZCCGenea&AdmrpistratieOthe0‘TotalGeneral&AdministratvcACMlHHAbAMaintenanceLaborMechanicsTotniLaborPartsParts‘FxpeirlabtecTotalPartsTr,ta!“°antenanceToia1HPAbAFiiqhtOpeattonrevandEtimldaterra°IaIs7”TcalFluntDoeairitIf0age2145PMSalsaciHaiti,SA.040910Profit&LossAccruaassJanuarythroughDecember2010JarDec0LandmgLandmqCAP4LandmgPAPaidmgOtheTotalLandmqHandhngPayrollExpecc6ProfessmnalFees—RepinrsandMamtenanceuhhhes4TotalExpense12$etOrchnarvIrcomeoOtherIncomeExperseOthcIncomeServmescharge113TotalOtherIncome13OtherExpenseExchangeOatnorLoss3YTotalOtherExpenseNetOthcrIncomeNtIncome6505S6ge

# CERTIFICATE

OF SERVCE I hereby

certify

that

one copy

of

the foregoing application

of Salsa dHaiti

has

this

day been served

on each

of the following individuals

via e-mail. Charles

F. Donlev

II

7 I)ATED:

April

28. 2010 sascha.vanderbel1endelta.com;

sarnetta.c.barnettZIdeltacom;

jeffmorgande1ta.com hkamenZ1coair.coni; dan,weissiicoair.com carl.nelson

daa.com dkirstein’Ivkla\v.corn