BEFORE THE

DEPARTMENT OF TRANSPORTATION

OFFICE OF THE SECRETARY

WASHINGTON, D.C.

Application of

Docket DOT-OST-2013-

CARGO THREE, INC. D/B/A PANAIR CARGO

For a foreign air carrier permit pursuant to

49 U.S.c. 9 41301 and exemption authority

pursuant to 49 U.S.c. 940109

(U.s.-PANAMA)

APPLICATION OF CARGO THREE, INCDBA PANAIR CARGO FOR A

FOREIGN AIR CARRIER PERMIT AND EXEMPTION AUTHORITY

Communications with respect to this document should be sent to:

Daniel Baquerizo

Vice President-JATI

Antonio J. Fernandez

CEO/Manager of ACcounts-- CARGO THREE, INC. D/B/A PANAIR CARGO

IATI Consulting

8600 N.W. 17 Street, Suite 110

Miami, FL. 33126

Phone 305-599-2195

Fax 305-599-2992

d baque rizo@iai-aviation.com

IATI Agent for CARGO THREE, INC. D/B/A PANAIR CARGO

ANTONIO J. FERNANDEZ ajfernandez@panaircargo.com

President

June 26, 2013

Notice: Any person who wishes to support or oppose this application may file an answer

and serve that answer on above-named counsel and all persons served with the

application. Answers to the exemption application are due by Jul 09, 2013, and

answers to the permit application are due by JullS, 2013.

1
BEFORE THE

DEPARTMENT OF TRANSPORTATION

WASHINGTON, D.C.

Application of

CARGO THREE, INC. D/B/A PANAIR CARGO

For a foreign air carrier permit pursuant to

49 U.S.c. 9 41301 and exemption authority

pursuant to 49 U.S.c. 9 40109

(U.S.-PANAMA)

Docket DOT-OST-2013-

APPLICATION OF CARGO THREE, INC DBA PANAIR CARGO

FOREIGN AIR CARRIER PERMIT AND EXEMPTION AUTHORITY

Pursuant to 49 U.S.c. 9 41302 and Part 211 of the Economic Regulations of the

Department of Transportation, CARGOTHREE,INC. D/B/A PANAIR CARGO

hereby applies for a foreign air carrier permit to operate charter air

transportation of property between the between any point or points in the

Republic of Panama and any point or points in the United States; and between

any point or points in the United States and any point or points in a third

country or countries, whether or not it constitutes part of a continuous

operation that includes service to Panama. PANAIR CARGO further requests

exemption authority under 49 U.S.c.g 40109 to the extent necessary to enable

it to provide the services described above pending issuance of a foreign air

carrier permit and such additional or other relief as the Department may deem

necessary or appropriate. PANAIR CARGOrequests that the authority

described above be issued expeditiously and that the Department process this

application pursuant to the streamlined regulatory procedures for licensing

U.S. and foreign air carriers set forth in the Notice dated August 23, 2005

(Docket OST-2005-22228), and issue a single order (l) granting the requested

2
exemption authority for a two-year period or until the requested permit

authority becomes effective, whichever occurs first, and (2) approving the

corresponding foreign air carrier permit under the show-cause procedures

described in the August 23, 2005 Notice.1ln support of this application and

pursuant to 9 211.20 the Department's regulations, PANAIR CARGO states as

follows:

1. The full name and address of the applicant is:

PANAIR CARGO

CARGOTHREE,INC - HEAD OFFICE

METROBANK, Calle Isaac Hanono Missri.

Punta Pacifica. PISO9. OFIC 9-C

Tel. +507203.1430

Mobile +5076489.8480

PANAMA

The applicant is a limited liability company incorporated and existing under the

laws of Panama, Republic of Panama

3
2. The name and official address of the government air transport authority in

the Panama, Republic of Panama having regulatory jurisdiction over

PANAIR CARGO is:

REPUBLICOF PANAMA CIVIL AERONAUTICALAUTHORITY

Address: Administrative offices

Albrook Edificio 805 - Panama

Republic of Panama

3. Air transport between the Panama, Republic of Panama and the United

States is governed by the Air Transport Agreement Between the Government

of the United States and the Government of Panama, Republic of Panama,

signed on May 08,1997. PAN AIR CARGOseeks authority under Annex II of that

agreement to operate charter all-cargo service.

4. The names, addresses and citizenship of PAN AIR CARGOofficers and

Key management personnel are set forth in Exhibit PA-02. PAN AIR CARGO

does not have a board of directors. None of PAN AIR CARGO key management

personnel are related by blood or marriage.

4
5. PAN AIR CARGO is fifty-one (51) percent owned by Mrs. Blanca Vasquez,

President of PAN AIR CARGOand a citizen of Panama, Republic of Panama

To the extent necessary and consistent with Department policy, PAN AIR

CARGO requests DOT waive its ownership and control policy. Given that PAN

AIR CARGO is entirely owned and controlled by citizens of Panama, the

ownership of PAN AIR CARGO is not inimical to U.S. aviation policy.

6. PAN AIR CARGO neither receives nor expects to receive any financial

assistance from the Panamanian government. PAN AIR CARGO, its officers,

directors, managers, and holders of five percent or more of its stock do not

hold any interest in any U.S. carrier or other entity engaged in the business of

aeronautics.

7. CARGOTHREE,INC. D/B/A PANAIR CARGOwas created in December 27

1990 and Pan Air Cargo initially plans to conduct non- scheduled cargo service

between the United States and the Republic of Panama using a Panamanianregistered B727-200 freighter aircraft. Pan Air Cargo proposes to commence

operating twice weekly roundtrip flights between Panama-Miami focused on

developing its charter business. Today, PAN AIR CARGOis planning to grow its

charter operations in Latin America, and worldwide.

To that end, PAN AIR CARGOis seeking Department authority in order to

provide much-demanded all-cargo serve to the USA, initially on a charter basis.

5
8. PAN AIR CARGO currently operates one aircraft listed below; the B727-225

aircraft will be used for service to the USA. All aircraft are configured for

all cargo operations. PAN AIR CARGO has no immediate plans to acquire

additional aircraft in connection with the authority requested herein.

Ai rcraft Type

B727-225-F

Registration Number Country of Registration

HP-1754CTW Panama, Rep. of Panama

9. Maintenance on all present and future PAN AIR CARGOaircraft is (or will be)

performed by PANAIR CARGO Maintenance department for Engineering or

other appropriately licensed maintenance providers. PAN AIR CARGO

maintenance program complies with ICAO Pilots and Airmen Annexes 1, 6

(Part 1) and 7. PANAMA is a contracting state to the Convention on

International Civil Aviation. PAN AIR CARGO homeland authority, Le. it's

Commercial License, Air Operator Certificate (AOe) and Operations

Specifications, are attached as Exhibit PA-01.3

10. At present, PAN AIR CARGOdoes not have any code-share agreements or

other cooperative agreements with any U.S. carriers, non-U.S. carriers, or air

freight forwarders/consolidators, except for interline agreements with

KLM/ Air France but neither agreement will affect the proposed service to the

USA.

6
11. PAN AIR CARGO meets the Department's requirements for foreign air

Carrier insurance. Attached as Exhibit PA-03 is OST Form 6411 evidencing

PAN AIR CARGO insurance coverage.

12. Attached as Exhibit PA-04 is a copy of PAN AIR CARGOis a new start-up .

carrier with no operating history, the amount and source of its initial

capitalization. This Exhibit is being submitted with a motion for confidential

treatment pursuant to Rule 12 of the Department's rules of practice.3

Consistent with current Panamanian procedures, Pan Air Cargo Commercial

License is valid Through January 02,20161, and Pan Air Cargo AOC is validity

should remain in force as long as The Operator complies with the Panama Civil

Aviation Laws and Regulations concerning the Specific Operations.6

13. Attached as Exhibit PA-05 is a copy of PAN AIR CARGOtraffic and financial

forecast for the first full year of normal operations to and from the United

States. These forecasts are being submitted with a motion for confidential

treatment pursuant to Rule 12 of the Department's rules of practice.

14. PAN AIR CARGO has experienced no safety or tariff violations or fatal

accidents in the past five years.

15. PAN AIR CARGOwill submit a copy of its Aviation Disaster Family Assistance

Plan in Docket DOT-OST-98-3304, pursuant to 49 U.S.c. 941313.

7
16. Attached as Exhibit PA-06 is OST Form 4523, a partial waiver of the

liability limitations of the Warsaw Convention.

17. The verification required by Part 211.11 of the Department's regulations is

attached as Exhibit PA-07.

18. PAN AIR CARGO is fit, willing and able to provide the charter Service

embraced by this Application. The authority requested herein is encompassed

by and consistent with the U.S.- Panama Air Transport Agreement. Annex II of

the U.S. Panama Transport Agreement States;

ANNEX II

Charter Air Transportation

Section 1

Airlines of each Party designated under this Annex shall, in accordance with

the terms of their designation, have' the right to carry international charter

traffic of passengers (and their accompanying baggage) and/or cargo

(including, but not limited to, freight forwarder, split, and combination

(passenger/cargo) charters) :Between any point or points in the territory of the

Party that has designated the airline and any point or points in the territory of

the other Party; and Between any point or points in the territory of the other

Party and any point or points in a third country or countries, provided that

such service constitutes part of a continuous operation, with the exception of

cargo charters, with or without a change of aircraft, that includes service to the

homeland for the purpose of carrying local traffic between the homeland and

the territory of the other Party.

In the performance of services covered by this Annex, airlines of each Party

designated under this Annex shall also have the right: (1) to make stopovers at

8
any points whether within or outside of the territory of either Party; (2) to

carry transit traffic through the other Party's territory; (3) to combine on the

same aircraft traffic originating in one Party's territory, traffic originating in the

other Party's territory, and traffic originating in third countries; and (4) to

perform international air transportation without any limitation as to change, at

any point on the route, in type or number of aircraft operated; provided that,

in the outbound direction, the transportation beyond such point is a

continuation of the transportation from the territory of the Party that has

designated the airline and in the inbound direction, the transportation to the

territory of the Party that has designated the airline is a continuation of the

transportation from beyond such point .Each Party shall extend favorable

consideration to applications by airlines of the other Party to carry traffic not

covered by this Annex on the basis of comity and reciprocity.

Section 2

Any airline designated by either Party performing international charter air

transportation originating in the territory of either Party, whether on a oneway or round-trip basis, shall have the option of complying with the charter

laws, regulations, and -

2 rules either of its homeland or of the other Party .If a Party applies different

rules, regulations, terms, conditions, or limitations to one or more of its

airlines, or to airlines of different countries, each designated airline shall be

subject to the least restrictive of such criteria.

However, nothing contained in the above paragraph shall limit the rights of

either Party to require airlines designated under this Annex by either Party to

adhere to requirements relating to the protection of passenger funds and

passenger cancellation and refund rights.

9
Section 3

,

Except with respect to the consumer protection rules referred to in the

preceding paragraph above, neither Party shall require an airline designated

under this Annex by the other Party, in respect of the carriage of traffic from

the territory of that other Party or of a third country on a one-way or roundtrip basis, to submit more than a declaration of conformity with the applicable

laws, regulations and rules referred to under section 2 of this Annex or of a

waiver of these laws, regulations, or rules granted by the applicable

aeronautical authorities

10
WHEREFOREPAN AIR CARGOsubmits that grant of this application

would be consistent with the public interest, and request that the Department

grant foreign air carrier permit authority under 49 U.S.c. 9 41302 and

exemption authority under 49 49 U.S.c. 940109 to enable PAN AIR CARGOto

engage in charter all-cargo service to the Full extent authorized by Annex II of

the U.S. Panama Air Transport Agreement as set forth herein.

Respectfully submitted

IATI Agent for CARGOTHREE,INC. D/B/A PANAIR CARGO

f.~ j{

Antonio J. Fernandez

CEO-- CARGOTHREE, INC. D/B/A PANAIR CARGO

11
CERTIFICATE OF SERVICE

I certify on this 26th day of June, 2013 a copy of the foregoing Application for a

Foreign Air Carrier Permit and Exemption Authority has been served by

electronic mail on the parties named below.

Daniel Baquerizo

Carl Nelson (American)

Dan Weiss (United/Continental)

Steve Morissey (United/Continental)

Sametta C. Barnett (Delta)

Bailey Leopard (FedEx)

Nancy Sparks (FedEx)

Edward Sauer (Evergreen)

Mark Atwood (Kalitta)

carl.nelson@aa.com

dan.weiss@united.com

steve. morissey@united.com

sametta. barnett@delta.com

gbleopard@fedex.com

nssparks@fedex.com

esauer@ssd.com

matwood@sherblackwell.com

Kevin Montgomery (Polar) Kevin.montgomery@polaraircargo.com

David Vaughan (UPS) dvaughan@kelledrye.com

Howard Kass (US Airways) howard.kass@usairways.com

NACA pdoell@naca.cc

U.S. State Department uskr@state.gov

John Allen (FAA) john.allen@faa.gov

John Byerly (State Department) byerlyjr@state.gov

Robert Finamore (DOT) RobertJinamore@dot.gov

Brett Bruger (DOT) brett.bruger@dot.gov

12
EXHIBIT PA 01

COMMMERCIAL LICENSE

AIR OPERATOR CERTIFICATE

OPERATIONS SPECIFICATIONS

13
FECHA DE EXPEDICION: 03 de enero de 2013

FECHA DE VENCIMIENTO: 02 de enero de 2016

No. 12S-N-AAC

! I.Ul.: '~.:r',';'.C .J:,i::H":!\d.~.JTlCACIVIL

• Si::Cr..E.TA'~;1"\ ~.:NERAL

EI suscrito Secretario General de la Autoridad

Aeronautica Civil, hace constar. que e.tpreseme

docume a es tiel copia d~su onglnal.

CERTIFICADO DE EXPLOTACION DE

SERVICIOS.i,»)<;AERONA \%GACION COMERCIAL

,

f

EL DIRECTOR GENERAL

EN usa DE SUS FACUL TADES LEGALES

RE'S U EL VE:

AUTORlZAR A LA EMPRESA CARGO THREE, INC.

Para ofrecer scrvicios de Transpor:te Allreo Publico No Regular' Nacional c

.Intcrnacional de:Carga Exelusiva dc acuerdo a las condiciones y limitaciones que se
STATE OF FLORIDA

COUNTY OF MIAMI.DADE

On this 2'" day April 2013, I attest this docum!/.lllIll\~IHH/(~ copy, that I have examined,

.•• ~~ t'",o'VAr:J..PJ.Q "', ~~v' ••••••••is' ~

.' . ~~ ••:~~H~.•• ~

, ~"-~..&":t~,"".~'" ~

,~,'..:-- ~~ J~ ;.. ~:~

~~c....o -~ ~9i26\4 i~f

PATRICIO R. VALLEJOS ~ ••~~~~

, NOTARY PUBLIC STATE OF FLORIDA"'~~:U8iic:Sii.~\*<"

ID No, 1133358/ Commission DD 982614 ''''''''"1111'

Yo JAIME EDUARDO G'JILl~N ANGUIZl:)I:A:-.NQt;l(IO Publico

C~artodel Circuito de t-dnama, CGn:~"dula'~No..~~:3.S9-37S

/",' :: ",., . ~. - ~- ._~.~,.'

CERTIFIeO:,' '."-

Que he cotejado dct'l,ida y m;n'~ciosamente.P.sta capia fotosMtlca

con su OriglflCli 'f la he enco~d1 ~"" me.:-:

•

panarr,tj

JAIME EDUARDO GUllU N NGUIZOLA

Notario Publico Cuarto

:L.rOA.DB PAN"A JIICAi

C1UODE RELACiONES EXTERIOIlR';

.A..P08TTTiLE

(Convention de t. Haye du 5 oetubre 1961) ,

1. En Panami eI presente documcnto publico

2, H.sidofumadupor: JATDrE E GUXI.x.EN.lL

3, Quien.ebia en ealid.d de: NOTARIO

4, Y estlrevestido del sella/timbre dc: NOTARIA PUBLICA CVARTA

DEL CIRCUITO DE PANAMA

certif:lcado

5, En cJMinistorio de Relaeiones Exteriores 6, Et dla: 04/02/2013

7, Por: DEPARTAMENTO DE AUTENTICACI6N Y LEGAUZACI6N

8. Baja el D1i.mero

9, Sello / timbre:

31-0 / # Ree.: 465845 DT
, ,

REPUBLICA DE PANAMA

AUTORIDAD AERONAuTICA CIVIL

DIRECCI6N DE SEGURIDAD AEREA

•

CERTIFICADO DE OPERACION

CARGO THREE,INC

N° AAC/EXI/005

Can Base Principal de Operaeiones en el

Aeropuerto Internacional de Tocumen,Terminal de Carga,Edificio Principal, Planta

Baja, Local COOS.

Nombre Comereiaf PAN AIR CARGO TelMono 203-1430

Direeei6n Punta Pacifica, Torre Metrobank, Piso 9, Ofieina 9C. Mail

Ha eumplido satisfaetoriamente can todas las Jeyes, regulaeiones, requisitos y pruebas

exigidas par la Direeei6n de Seguridad Aerea, para operar y eondueir la aetividad de:

BRINDAR SERVICIOS DE TRANSPORTE AEREO PUBLICO NO REGULAR

INTERNACIONAL DE CARGA EXCLUSIVA.

De aeuerdo a sus Espeeifieaeiones de Operaeipnes debidamente aprobadas.

Esta . Cf!/1ificaci. ." VI

\ IMiORIO"') AERO/>!IMJJ' e( eg a

SECI':ETARiA GE~ A .

\ crilo Secrets:'o '-:ienerafcf!.chatdeae

; l~r~~~uticaCivil, ha~';~:;o~starque e.'~~:rnte

\ documento es fiel co I.de su ong • ••.

I L1C.A6 EL MARTINEZ' a ael Barcenas C. "Ill

I $.~(/QI~I;::.' ' Director General

------ ~ . ~. e contacto operacionales: Dlreccl6n de Seguridad A~rea. Tel.: (507) 501.9508, Fax: (507) 501-9317. mail: di

eumpla can las

.~'., ';,0.

.:: .:~.:,..::~
REPUBLIC OF PANAMA

CIVIL AERONAUTICAL AUTHORITY

FLYING SAFETY DIRECTORATE

OPERATION CERTIFICATE

CARGO THREE, INC

N° AAC/EXIIOOS

7th its main base of opereliC!ns In the Aeropuerto Intemaclonal de Tocumen,Terminal de Carga,Edificio Principal, Planta

Baja. Local COOS.

i81 Name PAN AIR CARGO Telephone 203-1430

---------

Punta Pacifica, Torre Metrobank, Piso 9. Oficina 9C. E-mail

•

has complied satisfactorily with af! Laws, Regulations, Requisites and Tesls required

by the Flying Safety Directorate, in order to operate and carry out the activity of

PUBLIC AIR TRANSPORT SERVICE NOT REGULAR EXCLUSIVE

INTERNA TlONAL CARGO

=.' . ~ A~g:"lZ.Ola.Notam Publico

r'. ''B, co.., chd"i~ No. 8-359.315

In accordance with lis duly approved Operalions Specifications. '.FlC:",; .

APOS'X'IIJ;B

(ConvcntiCln de la Haye du 5 ocbJhre 1961 )

1. EnPanamae1presented~ento pliblico

2. Ha sida firmado pot:

3. Quien actUa en calidad de :

JAXMlEl: E GUILLEN' .A..

NOTARIO

On this 2" day Apn12013. I attest this document

onginal copy, that I have examined.

4. Y ~b\ ~stido del sello/timbr-ede: NOTARIA POBLICA CUARTA

DEL CIRCUITO DE PANAMA

oeru.ft.cado

5. En d Ministc:rio de Relaciones F..rteriorcs 6. E1 dia: 04/0212013

7. Po" DEPARTAMENTO DE AUTENTICACI6N Y LEGALIZACI6N

I. B;joelmlrncro 32-0 / # Ree.' 465845 DT

PATRICIOR. VALLEJOS

NOTARY PUBLIC STATE OF FLORIDA

ID No. 1133358/ Commission DD 982614

). Sella I timbre:

~

~=-.

10. '0

,., I

~Q ••- ••••• ,J;

-~
REPUBLICA DE PANAMA

AUTORIDAD AERONAuTICA CIVIL

Direccl6n de Seguridad Aerea

ESPECIFICACIONES DE lAS OPERACIONES

INFORMACI6N DE CONTAcTO DE LA AUTORIDAD EXPEDIDORA

. '..,

Direeei6n de Seguridld Aerea. Tel.: (507) 501-9508, Fax: (507) 501-9317, mail: direeeion..oeneral@aeronautica.gob.pa

N° Certlficado de

operaci6n AAC/EXI/OOS Feeha de

expediei6n Julio 30, 2012

PAN AIR CARGO

Nombre del Operador I

Explolador

Nombre Comercial

CARGO THREE, INC FirmaAAC

expedidora

Modelo de aeronave B727-200 Vuelos a larga distaneia

(ETOPS) N/A

Tipos de operaciones Transporte aerea comercial lPasajeros lCarga X Jarga Exelusiva

Area de operaelones Norte, Centro y Sur America e Islas del Caribe

Limitaciones especiale N/A

COMENTARIOS

.

; .

APROBACIONES ESPECfFICAS

, "

si NO

~...,. ,..

AUTORIZACIONES

ESPECIALES

Mercanc!as peligrosas"' • : X"' •l ",

. .. X

~I r t'

. '.- ~Dpemci6neS con baja .

~.:.~, ' .. ,'. ". ~ visibllidad •

Aproximaci6n y aterrizaje

,

X .' CAT • :1" "' 550 m

I I RVR ~800 It

l I

"

DH I 200 It

i

Tiempo maximo de desviaci6n minutos

GNSS, DME/DME/IRU

Despegue

RVSM

EDTO

Especificaeiones de

navegaci6n para las

operaciones PBN

Aeronavegabilidad

continuada

Otros

X

X

x

X

X

x

; RVR, 1600FT

488M y., MN 0 como este publicado

AACIOPSI0359
REPUBLIC OF PANAMA

CIVIL AERONAUTIC AUTHORITY

FLIGHT STANDARDS DIRECTORATE

OPERATIONS SPECIFICATIONS

(subject to the approved conditions in the operations manual)

ISSUING AUTHORITY CONTACT DETAILS

Flight Slandards Directorate, Phone.: (507) 501.9508, Fax: (507) 501.9317, E. mall: direcclon-lleneral@aeronautica.gob.pa

AOC N°

Operator name

Commercial Name

Aicraft model

AACIEXI/OOS

CARGO THREE, INC.

Date of

issue

Signature AAC

PAN AIR CARGO

B727-200

Julio 30, 2012

Types of operation Commercial air

transportation Passangers argo X Exclusive Cargo

Area (s) of operation North, Center, South America and Caribbean. Islands

Special limitalion N/A

SPECIAl AUTHORIZATION YES NO SPECIFIC APPROBAVALS REMARKS

Dangerous goods X

Low visibility operation X

Approach and landing X C

Take. off X

RVSM X - c..........o

EDTO X Maximum diversion time: minutes

Navigation specifications for X PBN operations

Continuing airworthiness X

,

.•.••...-. ....:-

Other: X GNSS, DMEIDMElIRU

AAC/OPS/0359
REPUBLICADE PANAM

AUTORIDADAERONAuTICA CIVIL

DIRECCIONDE SEGURIDADAEREA

ESPECIFICACIONESDE OPERACIONES

Parte.

Pagina.

I

Revision:

Fecha.

078

ide 3

O'

30.Jul.'2

pAGINA DE AUTORIZACiON

CARGO THREE, INC. (PANAIR) .'

PARTED

018. Autorizaci6n de Contrato para Mantenimiento:Especifico.

CARGO THREE, INC. (PANAIR), esla autorizada para usar las disposiclones de mantemmlenlo

Iislados en la siguiente labia. EI manlenimienlo estara limiiad a aquellas funciones Iisladas par el

conlralisla en el parrafo F.

I

FECHA DEL i MARCA, MODELO.YTiViji:RCA,"""MODELO Y.

CONTRATISTA I

MATRICULA DE LA 1 SERlE DE LOS CONTRATO ,

: AERONAVE MOTORES

,

I P&W JT8D.1S ,

,

, AM.TECH ,

I SIN 1: 700619

I

ENGINEERING. INC. On Call I FIola B727.200 SIN 2:657698

J

PANAMA I I

I

, SIN 3: 688643 -_._----

,

I

I

!

P&W JT8D.1S I

ABA-USA SIN 1: 700619 I

I On Call Flota 8727-200 I

I

SIN 2:657698

I SIN 3. 688643

, , P&W JT8D.15 ,

I

, COOPESA SIN 1: 700619 On Call Fiola 8727-200 SIN 2'657698 I

CONDOR

I SIN 3: 688643

..- , --~-~ i

MIAMI NDT I P&W JT8D-1S

I On Call ~,ota 8727.200

SIN 1: 700619

SIN 2:657698

,

I AERO RADIO

:

I

SIN 3: 68864 3 I

--t~--

I

I

, P&W JT8D.1S ,

AERO On Call I Flota 8727.200 I SIN 1: 7,00619

ESTRUCTURAS I SIN 2:657698

i SIN 3' 688643 - _0_ ..._0'. - -,

Inspector PrinCIpal de Monrenlmlento (rPM}

!()SpaCiO" "mIG/pal de Operaoones (IPOi

cffJjrma

Firma

•

capt. Manuel

Rodriguez

Nombre

St. Carlos Guerra

Nombre

1. Emrtido pot la Autoridad AeronautlCa Civil de Panama.

2. Estas Especificaciones de Operaciones estan aprobadas por la Dlrecc/()O de Segundad Aerea

L/~~

3. Fecha de Aprobaci6n:

4. Mediante fa presente acepto y recibo las Especificaclones de OperaClOncs C(jiltentdas en este documento en

nombre de: CARGO THREE, INC.

Capt. Roberto

Ramirez

Nombre

Sr. Everardo Garrido

Nombre

~

Firm. J .:g //

~.ti

; Firma

/

~e MBnjemnllento.

Cer'llficadO

No .. AA C/EXIIOOS

------------------_._---- _. --.'--_._-------------
STATE OF FLORIDA

COUNTY OF MIAMI-DADE

On this 5th day April 2013. I attest this document is a original copy, that I have examined .

•
r

REPUBLICADE PANAMA --"-,- , Pane:

AUTORIDADAERONAuTICA CIVIL Pagina:

DIRECCIONDE SEGURIDADAEREI', Revision:

ESPECIFICACIONESDE OPERACIONE2.. 1 Fecha:

pAGINA DE AUTORIZACI6N

CARGO THREE, Inc,

PARTED

071

1 de 2

04

30-Jul-12

Tabla de Contenido

Parte D - Disposiciones Generales.

Cualquiera que sea el tipo de operaci6n que naya de realizar CARGO THREE, INC. (PANAIR) la

aeronavegabilidad continuada y las Iimitaciones del Programa de Mantenimiento que se

describen y especifican en estas Especificaciones de Operaciones, seran aplicables a todas las

aeronaves de CARGO THREE.lNC . Iistadas y autorizadas para su uso en la Parte A, De

acuerdo a las disposiciones de la AAC el Programa de Manrenimiento aprobado es de

cumplimiento obligalorio.

CARGO THREE, INC (PANAIR) establecera en su Manual General de Mantenimiento aprobado.

un Programa de Mantenimiento amplio y detallado necesario para el cumpllmiento de su

responsabilidad a fin de mantener la aerOnave en condiciones de Aeronavegabilidad de acuerdo

con las disposiciones aplicables del RACP y las normas prescritas y aprobadas por la AAC.

La aeronave y sus partes componentes. accesorios y aparatos se mantendran en condiciones de

Aeronavegabilidad de acuerdo con los Ilmites de liempo maximos establecidos en este

documento para el cumplimiento de las revislones overhaul. inspecciones peri6dicas y

comprobaciones de rulina de la aeronave y de sus partes componentes. accesorios y aparatos.

los componentes 'On Condition" y "Hard Time" se mantendran en condlci6n de

Aeronavegabilidad continua mediante inspecciones peri6dicas y/o progresivas, verificaciones,

servicios, reparaci6n y/o manlenimiento preventivo y debera estar apropiadamente descrito en ef

Programa de Mantenimienlo aprobado de CARGO THREE, INC. (PANAIR). .

Las partes 0 sub-componentes no listados se comprobaran, inspeccionaran y/o reVisaran con las

mismas Iimltaclones de tiempo especlficadas para el componenle 0 accesono con el que se

relacionen lales partes 0 sub-componentes 0 en el perfodo de tiempo Indicado en el Programa

de Mantenimlento aprobado.

Inspector PriflCl,osf de Msntemmienfo (IPM)

fnspecw( Principal de Operaciones (lPO) Cspt. Manuel

ROdrigUeZ

Nombre

Sr. Carlos Guert8

Nombre

Em~jdopar la Autoridad AerontuJtica CIvil de Panamil.

Estas Especificaciones de Operaciones estan aprobadas per la Oirecci6n de Seguridad Ae:ea

~

a;aa-------- Firma

1.

2.

3.

4.

Fecha de Aprobaci6n:

Mediante Is presente acepto y (ecibo las Especlflcaclones.de Qperacior.es conter'l1dasen este documento en

nombre de' CARGO THREE. INC.

Capt. Roberto

Ramirez

Nombre

Sr. Everardo Garrido

Nombre Firma

r

__-..--"~;eme de O..2f;!raclones

Jere de Maoreolfnreato

Cert1fu:ado

No.. AACIEXIICC5
STATE OF FLORIDA

COUNTY OF MIAMI-DADE

,

l

On this 5~. day April 2013. I attest this document is a originai copy, that I have examined.

- ~",1I111t1l1l1l111

~", ,,\J ALL€l1" 'II, .

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PATRICIO R. VALLEJOS

NOTARY PUBLIC STATE OF FLORIDA

-ID No. 1133358" Commission DD 982614
EXHIBIT PA 02

KEY MANAGEMENT PERSONNEL

14
OCfJ

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Cargo

• None of the above mentioned persons are related to one another bVblood or marrIage.

Key Management Personnel

W-n n

Name Position Otlzenshlp BusIness Address E.mall ~~ ,u. Shar901der QLNClf

OOC»

Mrs. Blanca Vc1squez -Or ~ »~

President Panama Torre Metrobank. Punta Pacifica. Panama blanca@panaf~C/)r Ytlll51% ;;:: 0

:S-t~ '" 6»

Mr. Antonio Fern~ndel ChIef Executive Officer I Manager of Accounts Venezuela Torre Metrobank, Punta Paclflca, Panama a!fernandel@p.g~~om ,gO <5

~.O m -

CaptaIn Roberto Ramirez DIrector of Operations and Training Panama Torre Metrobank. Punta Pacifica, Panama rramirez@pana~rM.com riD'

O~ ~

Mr. Javier Parra Director of Maintenance ColombIa Torre Metrobank, Punta Pacifica, Panama IParra@panalrCfJ8~m rtJ't

~» 0.

Captain Isauro Carrizo DIrector of Safety and Security Panama Torre Metrobank, Punta Pacifica, Panama operaclones@ptr;"alrcargo.com -t
STATE OF FLORIDA

COUNTY OF MIAMI-DADE
EXHIBIT PA 03

CERTIFICATE OF INSURANCE

15
0

AGENCY DISPLAY OF ESTIMATED BURDEN

The pubfrc reporting burden for this coOection of information is estimated to average 30 minutes per response. If you wish to

comment on the accuracy of the estimate or make suggestions for reducing this burden, please direct your comments to: U.S.

Department of Transportation. OffICe of Aviation Analysis, X.sa, 400"" St, SN .., Washington, D.C. 20590. According to the

Paperwork Reduction Act of 1995. no persons are required to respond to 8 collection of information unless It displays a valid OMS

control number.

Office of the Secretary

NOTE: For Infonnation on where to file completed copies of this form. see fiLING INSTRUCTION8 below. of Transportation

OMB No. 210e-0030 IreS~2007

FOREIGN AIR CARRIERS. CERTIFICATE OF INSURANCE

POLICIES OF INSURANCE FOR AIRCRAFT ACCIDENT BODILY INJURY

AND PROPERTY DAMAGE UABIUTY

RUNG INSIRUCDONS: File a signed original of this form wtth" the Federal Aviation Administration, Air Transportation Oiv.. AF8-260. 800 Independence

Ave., &N., Washington, DC 20591. (See EXCEPTION below.) .

EXCEPTION: If section 2.A. is fdled in because the insured is 8 CBnsdian Cham, Air Taxi OperatJJr. file an original of this fa"" wlth the U.S. Department

of Transportation. Special Authorities Division (X-46), 400 7

ltl Street, &N, Washington, D.C. 20590

(Please type informaYon, except signetures.)

THIS CERTIFIES THAT:

Uoyds Syndicates and various Insurance companies

(Name of Insurer)

has issued a policy or policies of Aircraft Liability Insurance to

Pan Air Cargo and/or Cargo Three Inc., and / or Alvar Enterprises Ltd

FAA Certificate

Number

(Name, address and FAA CertifICate number of Insured Foreign Air carrier)

effective from 7~ June 2012 until ten (10) days after written notice from the insurer or carrier of the intent

!

to terminate coverage is received by the Department of Transportation.

Sg NOTE: Part 205 of the Departmenfs Regulations does not allow for a predetennined termination date, and a certificate showing such a date

is unacceplable.

.!:&i 1.

The Insurer (Check One':

is licensed to issue aircraft insurance policies in thB United Stales; .g:c3 ~ is licensed or Bpproved by the government of United Kingdom to issue Bircraft insurance policies; or c: ~ is an approved surplus line insurer in the Slate(s) ot; ,,". ' ""

([)l 2.

The insurer assumes, under the policy or policies listed below, aircraft accident liability insured to minimums at least equal to the

following during operation, maintenance, or use of aircraft in 'foreign air transportation" as that tenn is defined in 49 U.S.C. 40102.

(Complate applicable section A B or C below): .

.•" ~ A. CANADIAN CHARTER AIR TAXI OPERATORS WITH PART 294 AUTHORITY ONLY

~

The aircraft covered by this policy have: (1) 30 or fewer passenger seats end e maximum payload capacity of 7,500 pounds or less;

andior (2) a maximum authorized takeoff weight on wheels of no more than 35,000 pounds. (Cqrnplete seperste occomblned

CQYell1aea8 appropriate):

J

Separate Coverages: Mjn/mum Umit

- ~

Poticy No Type of Uabilily Esch MfSOn esch Occummce

-

~

-

Combined Bodily Injury (Excluding Passengers other

f ---

than cargo attendants) and Property Damage Uability $75,000 $2,Ooo,ooO"(See note)

-- Pessenger Bodily Injury $75,000 $75,000 x 75% of '-

total number 01

passenger seats

,

, installed in aircraft

./

~

Combined Coverage: This combined coverage is 8 single limit of liability for each occurrence at least equal to the required minimums

stated above for bodily injury (excluding passengers), property damage. and passenger bodily injury.

- Policy No. -.....: Amount of COverage U.S. Oollars

•.•.•.••.••.•..

This policy covers CARGO operationa only and excludes passenger liability insurance.

NOTE: If the aircraft covered by th!s polley have more than 30 passenger seats or more than a maximum paytoad C8padty of 1,SOO pounds. the

minimum limit per occurrence shall be $20,000,000,
STATE OF FLORIDA

COUNTY OF MIAMI-DADE

\\\\\"u i"""11

On this 2

nd day April 2013. I attest this dOCU~~~~J' that I have examined.

~Q.~ ••;;'~'SSION;'~•• \P ~

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PATRICIO R. VALLEJOS

NOTARY PUBLIC STATE OF FLORIDA

ID No. 1133358/ Commission DD 982614
OSTForm6411

B, FOREIGN AIR CARRIERS OPERATING SMALL AIRCRAFT

The aircraft covered by this po6cy are SMALL AIRCRAFT (i.e., with 60 or fewer passenger seats or wilh a maximum payload

capacity of 18,000 pounds or less). (Complete seoerete or combined cove!B!l8 as eDQropriate),.

$300,000

$300,000

Minimum Umlt

Each person Each OWummce .',' Type'Of Uab/lity

Combined Bodily Injury (Excluding Passengers other

than cargo attendants) and Property Damage U3bility

Passenger Bodily Injury

separate Coverages:

Po/leYNa

$2,000,000

$300,000 x 75% :>f

total number of

passenger seats

installed in aircraft

Combined Coverage: This combined coverage Is a single limn of liability for each OCCJmsnce at teasl equal to Ihe required

minimums stated above for bodily injury (excluding passengers), property damaged, and passenger bodily injury.

Policy No. Amount of COVerage. U.S, Dollars

This policy covers CARGO operations only and excludes passenger liability insurance.

C, FOREIGN AIR CARRIERS OPERATING LARGE AIRCRAFT

The aircraft covered by this policy are LARGE AIRCRAFT (i.e., with more than 60 passenger seats or with a maximum payload

capacity of more than 18,000 pounds). (ComPlete separaf9 or combined cov8@ae as appropriate):

Each Occurrence

FAA or Foreign Flag

N755QHI

HP1754CTW

Registration No

Minimum Limit

$300,000

$300,000

Each person

Make and Model

BoeingW-225f

TVDe of Uabn;lv

Combined Bodily Injury (Excluding Passengers other

than cargo attendants) and Property Damage Liability

Passenger Bodily Injury

separate Coverages:

PoIievNo

$20,000,000

$300,000 x 75% of

total number of

passenger seats

Installed in aircraft

Combined Coverage: This combined coverage is a single limn of liability for each occurrence al leasl .qual 10 Ihe required

minimums stated above for bodily injury (excluding passengers), property damaged, and passenger bodily injury.

Policy No. AYNLS1200692 Amount of Coverage 300 000 000 U.S. Dollars

This policy covers CARGO operations only and excludes passenger liability Insurance.

Operations conducted with atl airaaft operated by the Insured

Operations condudod with the following types of a~CllIft:

Operations wilh the following a_ft: (Use additional page if necessary)

3. The policy or policies liSled in this certificate Insure(s) (Check One):

Each policy listed in this certificate meets or exceeds lI1e requirements in 14 CFR Part 205.

(Name of Insurer)

lockto0 Companies

(Name of Broker, H epplicable)

sdO 'Address)

(City, Stete, Zip Code)

(Signetu,., H applicsbJa)

ntact (person who can verify the effectiveness of the coverage)

nature}

It M•••.•." .tOl'

London gC3A ZAG

(CIIy, Stete, Zip Code)

few," f:u..l

(omee, or authorized repressntawe)

+44(0)2079332751

+ 0 0

(Aree Corle, umbetl (Aree Corle, Fex Numbetl (Atee Corle, Fex Numbetl

I

" (Ares Cads. Phon& Number)
STATE OF FLORIDA

COUNTY OF MIAMI-DADE

On this 20dday April 2013. I attest this document is a WaW:\\IHlffltlllJ)at I have examined. ~'~~i\Cl0Y41' ,~ *~~ "-<e:: ~

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... '1111 Ie. STAi~0 ~,~

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=P~

PATRICIO R. VALLEJOS

NOTARY PUBLIC STATE OF FLORIDA

ID No. 1133358/ Commission DD 982614

STATE OF FLORIDA

COUNTY OF MIAMI-DADE

On this 2nd day April ~13. I attest this docu~I\I!IO"'tllil)i)jal copy, that I have examined.

~~.~\C{( VAl, 'I,. ~n"f.'••••••••,C"&t ~

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PATRICIO R. VALLEJOS .. %,;;~'!t::''f',,;,~,''@~ ~ ~-. ~~.. «-'.~

NOTARY PUBLIC STATE OF FLORIDA "IIII~llC.'ST';'~o\\\\~

ID No. 1133358/ Commission DD 982614 1111"1111111\\\'
EXHIBIT PA 04

FINANCIAL INFORMATION

Confidential Treatment Requested Under & 302.12)

16
CARGOTHREE,INC, It is a Panamanian company, whose major shareholders "nd financial'

support come from Panamanian and USA capital. The main companies that make up this

economic group are:

1. - EXIM AMERICA CORP., is a' marketing company dedicated to purchase sale,

distribution and representation of equipment, supplies and medical equipme':lt surgical,

hospital, dental and laboratory, as well as the provision of services of maintenance of

hospital equipment. It has esti!J1ated sales of SSO million a year ... Its suppliers more

important are: Steris CorporatiOil, Siemmens, Amsino, Mindray, Rockwell and Bausch & . ::...

Lomb. ~

Shared Service Center:

Calle Isaac Hanono Missri, Torre Metrobank

Piso 9, oficina 9C, Punta Pacifica,

Ciudad de Panama, Panama

Tel 507 203 1430/2032431

Warehouse and Trading Center:

2315 NW 107th Avenue-Suite 1M16

Miami, FL33172, United States

Telephone Number: (305) 599-7301

Products or services: key distribution products:

• Monitoring of vital signs, Modular and multipara meter

• Infusion Pump • Etroencefalografos, Electromiografos, potential, magnetic stimulators

evoked, brain mapping, cutting edge technology world in Neurodiagnostic

• Equipment for physical therapy and rehabilitation. Compressor>s hot and cold. Pelvic and

cervical traction, Electro stimulators, ultrasound, Diathermy, - Kinesiotherapy

computerized, equipment multiforce, etc.

• Electrosurgical, pencils Electro surgery and electrodes'
STATE OF FLORIDA

COUNTY OF MIAMI-DADE

On this 7

th

. day May 2013. I attest this document is a original copy, that I have examined.

~~c.....o

PATRICiO R. VALLEJOS

NOTARY PUBLIC STATE OF FLORIDA

\0 No. 1133358/ Commission DO 982614
• Electrosurgical Bovie lines. Intensive line of cardiac catheterization in Angiology and

therapies

• Instrumental for consultation and gynecological surgery, consultation Electrosurgical or

minor surgery

• Adult, Pediatric and neonatal ..ventilators',' vacuum cleaners, Nebulizers and

compressors portable medical • 'fopt models; even blood pressure monitors and table •

equipment of diagnostics, ears, noSe,,i?y~sand thrcoat. Proctologic equipment, front lamps

'Portable ultrasonic therapy and wh'~'elchair"t~a~s • Instrumental and materia! of implant

for orthopedics and Traumatology~ 'screws, 'plate~, nails, tutors and prosthesis of hi'p,

shoulder, etc. • colposcopies high-re'solution optical and mechanical precision • surgical,

bone, acrylic cements. Stainless steel sterilization cases

Source of funds deposited in the account:

Exim America sales come directly from the companies, such as 1. Continental medical

Omega health, 2. - RISMED DYALISISSISTEMS,Costa Rica, to give support administrative,

accounting and logistics companies is USA Rismed. Group of companies is in 'charge of the

medical-surgical needs, therefore are oriented towards the distribution wholesale and

retail of equipment and material medical surgical, as well as the provision of technical

service for medical, but very oriented to the treatment of dialysis and derivatives. They

are beginning to explore markets in Colombia and other Latin American countries. They

are exclusive representatives of: General Electric, Marco sterir, Draguer, Hill Room and

Fresenius Medical Care. The Group of companies RISMED, have sales estimated for the

2012 USD 100 MM. Much of that, manage it through our company in Costa Rica and in

the USA.
STATE OF FLORIDA

COUNTY OF MIAMI-DADE

On this 7

th day May 2013. I attest this document is a original copy, that I have examined.

PATRICIO R VALLEJOS

NOTARY PUBLIC STATE OF FLORIDA

ID No. 1133358/ Commission DD 982614
OPERATIONAL SCHEME

Shippe on behalf of USARismed / CR

.........,

• RYSMED DIALISYS SYSTEMS USA: I

M~magement of deposit and operational

logistics - goods .

Payments USD

INTERNATIONAL SUPPLIERS

~A~M~NTS USD ~RCHAND(SE

/

Service Support

RYSMED DIALISYS SYSTEMS USA:

Service pre y post sales to customers

RYSMED DIALISYS SYSTEMS CR:

Shared Service Center:

Administration, Trading, etc.

CUSTOMERS USA - COLOMBIA - AND OTHERS

Start of operations:

Of the RYSMED group in March 2007.

Business Address:

Shared Service Center:

Centro Corporativo Internacional, Piso 4. Barrio Don Bosco, avenida 6, calles 26y.28

(Intermontt) San Jose - Costa Rica.

Telephone: 00506-40000553

Email: rismed@scr-cr.net

Warehouse and Trading Center:

Dianella Mykitta

2315 NW 107th Avenue

Doral, FL33172

USA

Telephone Number:+1305 9723357
STATE OF FLORIDA

COUNTY OF MIAMI-DADE

On this,7~. day May 2013. I attest this documenljulilli'flainal copy, that I have examined .

.~"~~\C\OVA~,:!I';"

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PATRICIO R. VALLEJOS 111'!I/:7;,m~Th\\\""

NOTARY PUBLIC STATE OF FLORIDA

10 No. 1133358/ Commission DO 982614
EXHIBIT PA OS

TRAFFIC AND FINANCIAL FORECAST

Confidential Treatment Requested Under ~ 302.12)

17
Total, . Total

*~nA;r ______ Cargo

u.s. Operations - Business Operating P/L for 2nd Semester 2013

132,123.32
STATE OF FLORIDA

COUNTY OF MIAMI-DADE

On this 11th day April 2013.

--=r\ > <::::~\)

PATRICIO R. VALLEJOS

NOTARY PUBLIC STATE OF FLORIDA

10 No. 1133358/ Commission DO 982614
Total

'Toial

*~nA;r _____ Cargo

Operational PIL for Weekly Schedule 2013

1,955.50

P/L for the

Leg

20,800.00 -$ 3,279.31

30,400,00 $ e,170.77

51,200.00 $ 4,891.46

PIl for the

L

4,579.31

6,270.77

1,691.46

PIl. for the

L.

3,279.31

8,170,77

4,891..46

Pil for the

L

20,800,00 -$ 3,279.31

30,400.00 $ 8,170.77

51,200.00 $ "4,891.46
STATE OF FLORIDA

COUNTY OF MIAMI-DADE

On this 11~ day April 2013. I attest this documeO"iM,RlilJinal copy, that I have examined.

~~c~gX~f~JJ"""" ~Q.."t-••~~~\SSroNP:'t~U' ~

~ '_f','¥o' 2O..,:""fA. "-

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$ :$ 'C" s' ~.~ S

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PATRICIO R. VALLEJOS "';;d';~~;'c~~

NOTARY PUBLIC STATE OF FLORIDA '11111~~~i1~~~~\\\\~

ID No. 1133358/ Commission DD 982614
ACMI PER LeG

I MIA.PTY I $ 3,892,13 I

I PTY.MIA I $ 3,524.47 I

*~nA;r _____ Cargo

ACMI $ 1'267:.79

Average Block Hours

MIA.PTY I 3.07

PTY-MIA I 2,78

Detailed Operational Cost Summary

I ,""' ", -,- 1 .-;.

j' " ..' ,~Air.~r~ff~,.\

, J ,r ':.

r 'F~el' I F~el--

8-Apr.13

8.Apr.13

Average gal/hour

MIA.PTY 1 507

PTY.MIA 1,507

MIA.PTY $

PTY.MIA $

Fuel Comsum

MIA.PTY

PTY.MIA

PTY •

, MIA

bon

4,628

4,191

Cost

MIA.PTY $ 13,883,71

PTY.MIA $ 16,226,54

3.8000

3.0000

0.057

NM

$

$

0.0150

uso

$

$

uso

$ 132.00 $

$ 132.00 $

uso

MIA
STATE OF FLORIDA

COUNTY OF MIAMI-DADE

On this 11~ day April 2013. I attest this document is a original copy, that I have examined.

~\\"I\'I" II""'11. ~\~~oVALLe ' ~/I;. .

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PATRICIO R VALLEJOS % "':':~",~~~~.f

,NOTARY PUBLIC STATE OF FLORIDA~*:/,lI8iiC'5i~~~~~

ID No. 1133358/ Commission DO 982614 IIIII""II\I\\\\~
Tons

95.03

Aircraft Gross Weight - 1_"_._.

PTY

r--- .--.-

I

*~nAir

~ Cargo

Operational Costs per Station

••• •

Aircraft Gross Wj!lght

.._-

M I

.-.-.. - ... I~- t I

A ---

Landing Costo (usd)

Landing Rate (usd). Per 1 Ton Cost (usd)

$1.94 $406.43 $2.56 $243.56 Rate for first 6 Hours $120.00

Parking Rates per hour

Approximation Rate (usd). Per 1 Ton Cost (usd)

Parking hours car 0 hrs Cost usd $6.42 o a 6 Hours $610.08 6 120.00

Additional hour 1 $20.00

Maximum Rate (usd). Per 1 Ton Cost (usd) 24 hours 24 $300.00 Parking APHIS (INSPECnON) Rate uS'd ~P r eacl:t Landin $70.50 $0.25 $23.76 •

.... ". ,'"

Flight Protection Rate (usd). Per 1 Ton Cost (usd)

$213.63 $213.63
STATE OF FLORIDA

COUNTY OF MIAMI-DADE

On this 11th day April 2013. I attest this document is a original copy, that I have examined.

. ~""\I\"""I,,," . ~,,~~~oVALLe111~

~"\.~""., ••••••• VQt'I~ ~n't'••~o&$SION~~_'.\l'~

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PATRICIO R. VALLEJOS ~,,-~;{~,f

NOTARY PUBLIC STATE OF FLORID~~PU8i;Z~sii..*-¥

ID No. 1133358/ Commission DD 982614 111"'''/IIil\\\\\\\\~ ,
Recupera Rentabilid Rentabilidadpor

cion de In ad vs anho

2400000 $ 137.14 $ 7.43

.~

".

ENGINES 150000 3 $ 9,375.00 78.125 hr MLG 120000 10 $ 1,000.00 8.333333 hr C-CHECK 250000 24 $ 10,416.67 86.80556 hr Line Maintenance

Avionics IHT 100000 12 $ 8,333.33 69.44444 hr Preflights 2 9 0.25 4.5 USD/hr .

A-Check 16 9 0.6 86.4 USD/hr B-Check 36 9 0.2 64.8 USD/hr Brakes 9000 36000 $ 7,200.00 $ 60.00 hr

Tires 1200 6 $ 7,200.00 $ 18.00 hr

233.7
STATE OF FLORIDA

COUNTY OF MIAMI-DADE

On this 11fu day April 2013. I attesllhis document is a original copy, that I have examined.

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PATRICIO R. VALLEJOS %,.% ~'1'''i:r:~'~1

NOTARY PUBLIC STATE OF FLORIDA ~,Z-:U8LiC'S1~~$-~

10 No. 1133358/ Commission DO 982614 ""II/lIillllll'"
*<PanAir

---,Cargo

A.C.M.I. CALCULATION B-727-200

AIRCRAFT (Aj I

.~

Meraft value i~ $ 1,750,000.00

Total Payments $ , I 60.00 :

Monthly Payment $ 40,000.00 I

Costo por hora '.. 1$ " 333.331

CREW(Cj

Pilot $ 5,000.00 Quantity 2 $ 10,000.00 Monthly

Co-pilot $ 3,000.00 Quantity 2 $ 6,000.00 Monthly

Engineer $ 3,000.00 Quantity 2 $ 6,000.00 Monthly

Training $ $ 12,133.00 Monthly

Total Cost Crew $ 34,133.00 Monthly

Cost. per flight hour in USD 1$ 284.44 IHour

MAINTENANCE (Mj

Reserve for Engine USD'150K' E (4 years) 78.13 Hour

Landing Gears 8.33 Hour

C-Cheek 86.81 Hour

Avionics and Hard Time 69.44 Hour

Reserve for General Maintenance 727.200 233.70 Monthly

Reserve per flight hour in USD 476.41 Hour

INSURANCE (I)

Yearly Prime per Aircraft Yearly

Yearly Prime per Civil Liabilities Yearly

Total Insurance Cost per year $ 250,000.00 Yearly

Total Insurance Cost per month $ 20,833.33 Monthly

Insurance Cost per flight hour in USD 1$ 173.61 IHour

TOTAL COST FOR ACMI (SUMMARY)

Aircraft

Crew

Maintenance

Insurance

TOTAL A.C.M.I. per flight hour (not including administration)

$

$

$

$

$

USO$

333.33

284.44

476.41

173.61

1,267.79

AVERAGE OF HOURS OPERATED BY MONTH

I 120 I .
STATE OF FLORIDA

COUNTY OF MIAMI-DADE

On this 11~ day April 2013. I attest this document is a original copy, that I have examined.

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PATRICIO R. VALLEJOS \,;'.r.""'''''I<~~V

NOTARY PUBLIC STATE OF FLORIDA ~/~:U8Lic:s;;"t\\\,,~

10 No. 1133358/ Commission DO 982614 ''''''1111111\'
EXHIBIT PA 06

OST Form 4523

18
U.S. Department of Transportation

Office of the Secretary of Transportation AGREEMENT

Docket OST 95"236

The undersigned carriers (hereinafter referred to as "the Carriers") hereby agree as follows:

1. Each of the Carriers shall, effective May 16, 1966, include the following in its conditions of carriage, including tariffs embodying

conditions of carriage filed by it with any govemment:

"The Carrier shall avail itself of the limitation of liability provided in the Convention for the Unification of Certain Rules

Relating to Intemational Carriage by Air signed at Warsaw October 12th, 1929, or provided in the said Convention as amended by

the Protocol signed at The Hague September 28th, 1955. However, in accordance with Article 22(1) of said Convention. or said

Convention as amended by said Protocol, the Cartier agrees that, as to all international transportation by the Carrier as defined in

the said Convention or said Convention as amended oy said Protocol, lNhich, according to the contract of Carriage, includes a

point in the United States of America as a point of origin,. point of destination, or agreed stopping place

(1) The limit of liability for each passenger fo;"death, wounding, or other bodily' injury shall be the sum of US $75.000

inclusive of legal fees and costs, except that, in case of a claim brought in a State where provision is made for separate

award of legal fees and costs, the limit shall be the sum of US $58,000 exclusive of legal fees and costs.

(2) The Carrier shall not, with respeel to any claim arising out of the death, wounding, or other bodily injury of a passenger.

avail itself of any defense under Article 20(1) of said Convention or said Convention as amended by said Protocol.

Nothing herein shail be deemed to affeel the rights and liabilities of the Carrier with re9ard to any claim brou9ht by, on behalf

of, or in respect of any person who has willfully caused damage 'Nhich resulted in death, wounding, or other bodily injury of a

passenger.n•

2. Each Carrier shall, at the time of delivery of the ticket, fumish to each passenger whose transportation is governed by the

Convention, or the Convention as amended by the Hague Protocol, and by the special contract described in paragraph 1, the foilowing

notice. which shall be printed in type at leasl as large as 10 point modem type and in ink contrasting with the stock on (i) each ticket; (ii)

a piece of paper either placed in the ticket envelope with the ticket or attached to the ticket; or (iii) on the ticket envelope:

"ADVICE TO INTERNATIONAL PASSENGER ON LIMITATION OF LIABILITY

Passengers on a journey involving an ultimate destination or a stop in a country other than the country of origin are advised

that the provisions of a treaty known as the Warsaw Convention may be applicable to the entire journey. including any portion

entireiy within the country of origin or destination. For such passengers on a joumey to, from, or with an agreed stopping place in

the United States of America, 'the Convention and special contracts of carriage embodied in applicable tariffs provide that the

~~:~~rn of CA(L)o 1/1/(~.P!1'1PJ};J ~ (l. CA(l.S0

[(name of carrier) and certain other] carriers parties to such special contracts for death of or personal injury to passengers is

limited in most cases to proven damages not to exceed US $75,000 per passenger, and that this iiability up to such limit shall not

depend on negligence on the part of the carrier. For such passengers traveling by a carrier not a party to such special contracts or

on a joumey not to, from, or having an agreed stopping place in the United States of America. liability of the carrier for death or

personal injury to passengers is limited in most cases to approximately US $10,000 or US $20,000,

The names of Carriers parties to such special contracts are available at all ticket offices of such carriers and may be

examined on request.

Additional protection can usually be obtained by purchasing insurance from a private company. Such insurance is not

affected by any limitation of the carrier's liability under the Warsaw Convention or such special contracts of ~rriage. For further

information please consult your airline or insurance company representative. n

3. [This Agreement was filed with the Civil Aeronautics Board of the United States. The Board approved it by Order E.23680,

adopted May 13, 1966. The Agreement (Agreement 18900) became effective May 16, 1966. On January 1, 1985, Ihis Agreement

became the responsibility of the Department of Transportation (DOT) by operation of law.]

4. This Agreement may be signed in any number of counterparts, all of 'Nhich

become a party to this Agreement by signing a counterpart hereof and depositing it

5. Any Carrier party hereto may withdraw from this Agreement by giving lwei

and the other Carriers parties to the Agreement.

(Signature and Date)

"Either alternative may be used.

(Printed Name and TWe)

OST Fonn 4523 (Fonnerly CAB Fonn 263)
STATE OF FLORIDA

COUNTY OF MIAMI-DADE

On this 2<>day April 2013. I attest this docu~\Il!l\llf\llniMl copy, that I have examined.

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PATRICIO R VALLEJOS ~: ~~~?,~~.~,f

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10 No. 1133358 I Commission DO 982614 "III/lhll"I\\~

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EXHIBIT PA 07

Statement of Verification

19
Statement of Verification

Pursuant to Title 18 United States Code Seetion 1001, I, Captain Roberto Ramirez, in my

Individual capacity as Director of FlightOperations and as the authorized representative of the " .

pleader, have not in any manner knowingiy andwiflfully, falsified, concealed, or failed to disclose

any material fact or made any false, fictitious, or fraudulent statement or knowingly used any

documents which contain such statements in connection with the preparation, filing or prosecution

of the pleading, I understand that an individual who is found to have violated the provisions of 18

U.s.C section 1001 shall be fined not more than $10,000 or imprisoned not more than five years, or

both,

Signature:

Name: Roberto Ramirez

ntle: Director of Operations

Date:
STATE OF FLORIDA

COUNTY OF MIAMI-DADE

On this 2ndday April 2013. I attest this docum~\\\II\,l\lIHH/litllll copy, that I have examined.

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NOTARY PUBLIC STATE OF FLORIDA ~'I:(/8Lic"Si~~~'~

10 No. 1133358/ Commission DO 982614 11111/111111\11\'