### LIMA NY CORP. dba Fly The Whale dba Tailwind

TRAININGAirport Agents $500.00 $500.00 LEGAL FEES $3,000.00

System Training $750.00 $5,000.00 TOTAL $9,750.00 TRAINING $500.00 ADVERTISINGAirport Signage $1,750.00 $2,000.00 $1,500.00 TOTAL $5,250.00 TRAININGPilots $1,500.00

TOTAL $1,500.00 $16,500.00 Scheduled Service Start Up Costs
GEN & ADMIN Reservation Agents

RESERVATION SYSTEM

Initial Implementation SALES & MARKETINGScheduled Services Sales Training Initial Internet Marketing Web Site Overhaul OPERATONS

TOTAL START UP COSTSdba Tailwind
MONTH APR MAY JUN JULAUGSEPOCTNOVDECJAN FEBMAR TOTAL DAYS 30 31 30 31 31 30 31 30 31 31 28 31 365 Scheduled Operation Block time/mo 84 84 84 84 84 84 84 84 84 84 84 84 1008 Revenue $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $1,245,132.00 On-Demand Operation Block time/mo 45 46.5 45 46.5 46.5 45 46.5 45 46.5 46.5 42 46.5547.5 Block time/trip 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 18 Rate/hr $1,950.00 $1,950.00 $1,950.00 $1,950.00 $1,950.00 $1,950.00 $1,950.00 $1,950.00 $1,950.00 $1,950.00 $1,950.00 $1,950.00 $1,950.00 Rate/trip $2,925.00 $2,925.00 $2,925.00 $2,925.00 $2,925.00 $2,925.00 $2,925.00 $2,925.00 $2,925.00 $2,925.00 $2,925.00 $2,925.00 $35,100.00 Revenue $87,750.00 $90,675.00 $87,750.00 $90,675.00 $90,675.00 $87,750.00 $90,675.00 $87,750.00 $90,675.00 $90,675.00 $81,900.00 $90,675.00 $1,067,625.00 TOTALS BLOCK TIME 129 130.5 129 130.5130.5 129 130.5 129 130.5130.5 126 130.5 1555.5 REVENUE $191,511.00 $194,436.00 $191,511.00 $194,436.00 $194,436.00 $191,511.00 $194,436.00 $191,511.00 $194,436.00 $194,436.00 $185,661.00 $194,436.00 $2,312,757.00 Number of AC 2 2 2 2 2 2 2 2 2 2 2 2 2 Revenue/AC $95,755.50 $97,218.00 $95,755.50 $97,218.00 $97,218.00 $95,755.50 $97,218.00 $95,755.50 $97,218.00 $97,218.00 $92,830.50 $97,218.00 $1,156,378.50
INCOME Flight Income $191,511.00 $194,436.00 $191,511.00 $194,436.00 $194,436.00 $191,511.00 $194,436.00 $191,511.00 $194,436.00 $194,436.00 $185,661.00 $194,436.00 $2,312,757.00 Non Flight Income $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 $3,000.00 $3,000.00 $3,000.00 $3,000.00 $3,000.00 $3,000.00 $27,000.00 Total $193,011.00 $195,936.00 $193,011.00 $195,936.00 $195,936.00 $193,011.00 $197,436.00 $194,511.00 $197,436.00 $197,436.00 $188,661.00 $197,436.00 $2,339,757.00 EXPENSES VARIABLE AC Cost / Hour $569.00 $569.00 $569.00 $569.00 $569.00 $569.00 $569.00 $569.00 $569.00 $569.00 $569.00 $569.00 $569.00 Total AC Hours 129 130.5 129 130.5130.5 129 130.5 129 130.5130.5 126 130.5 1555.5 Aircraft Cost $73,400.71 $74,254.21 $73,400.71 $74,254.21 $74,254.21 $73,400.71 $74,254.21 $73,400.71 $74,254.21 $74,254.21 $71,693.72 $74,254.21 $885,076.04 FIXED Monthly Fixed Expenses $47,751.28 $47,751.28 $47,751.28 $47,751.28 $47,751.28 $47,751.28 $47,751.28 $47,751.28 $47,751.28 $47,751.28 $47,751.28 $47,751.28 $573,015.38 TOTAL EXPENSES $140,752.00 $141,605.49 $140,752.00 $141,605.49 $141,605.49 $140,752.00 $141,605.49 $140,752.00 $141,605.49 $141,605.49 $139,045.00 $141,605.49 $1,693,291.43 PROFIT (LOSS) $52,259.00 $54,330.51 $52,259.00 $54,330.51 $54,330.51 $52,259.00 $55,830.51 $53,759.00 $55,830.51 $55,830.51 $49,616.00 $55,830.51 $646,465.57 LIMA NY CORP. dba Fly The Whale Annual Projected Proft and Loss

# LIMA NY CORP. dba Fly The Whale dba Tailwind Fixed Expenses FIXED EXPENSES WEEKLY MONTHLYANNUALLY COMMUNICATIONS $450.00 $5,400.00 ACCOUNTING $750.00 $9,000.00 LEGAL $500.00 $6,000.00 OFFICE $1,500.00 $18,000.00 TOTAL $3,200.00 $38,400.00 PERSONNEL Reservation Agents 1 $500.00 $2,000.00 $24,000.00 Reservation Sytem $500.00 $2,000.00 $24,000.00 ADVERTISING $2,000.00 $24,000.00 TOTAL $6,000.00 $72,000.00 PERSONNEL Director of Maintenance 1 $1,346.15 $5,384.62 $64,615.38 Mechanic 1 $750.00 $3,000.00 $36,000.00 TOTAL $8,384.62 $100,615.38 PERSONNEL Director of Operations 1 $1,770.83 $7,083.33 $85,000.00 Pilots 3 $3,875.00 $15,500.00 $186,000.00 AIRCRAFT 3 $2,666.67 $32,000.00 INSURANCE $4,166.67 $50,000.00 DUES AND SUBSCRIPTIONS $750.00 $9,000.00 TOTAL $30,166.67 $362,000.00 GEN & ADMIN

SALES & MARKETING

MAINTENANCE

OPERATONSLIMA NY CORP. dba Fly The Whale dba Tailwind

MONTHINDECEES APRMAYJUN JUL AUG SEPOCTNOVDEC JAN FEBMAR TOTAL DAYS 30 31 30 31 31 30 31 30 31 31 28 31 365 SCHEDULED SERVICE Round Trips 56 56 56 56 56 56 56 56 56 56 56 56 672 Block Time / Round Trip 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 18 Block Time / Month 84 84 84 84 84 84 84 84 84 84 84 84 1008 Load Factor 75% 75% 75% 75% 75% 75% 75% 75% 75% 75% 75% 75% 75% Passengers 378 378 378 378 378 378 378 378 378 378 378 378 4536 Revenue $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $103,761.00 $1,245,132.00 Cost per turn $350.00 Monthly cost/turn $19,600.00 $19,600.00 $19,600.00 $19,600.00 $19,600.00 $19,600.00 $19,600.00 $19,600.00 $19,600.00 $19,600.00 $19,600.00 $19,600.00 $235,200.00 Scheduled Service Income and Expense Data

East Hampton/Manhattan

6N7/HTO Landing Expenses

# dba Tailwind
Reference Month 1 Month 2 Month 3 Aircraft Block Time 84 84 84 Cost of Aircraft per Hour $569.00 $569.00 $569.00 Total Aircraft Expense $47,795.81 $47,795.81 $47,795.81 Block Island Turn Expense $19,600.00 $19,600.00 $19,600.00 Allocation of fixed expenses

Total Fixed $47,751.28 $47,751.28 $47,751.28 Total Block Time 129130.5 129 Scheduled Block Time 84 84 84 Percentage of Schedule 65% 64% 65% Net fixed expenses $31,093.86 $30,736.46 $31,093.86
Total Expenses $98,489.67 $98,132.27 $98,489.67

Aggregate $98,489.67 $196,621.94 $295,111.61 LIMA NY CORP. dba Fly The Whale EXPENSES ALLOCATED TO SCHEDULED SERVICE (first three months) Scheduled Service Income and Expense Data Aircraft Cost per Block Hour Scheduled Service Income & Expense Data Annual Projected Profit and Loss Annual Projected Profit and Loss Scheduled Service Income & Expense Data

SCHEDULED OPERATIONS EXPENSES

# dba Tailwind

TBO/HRSBlock Hour FUEL GAL/HR 60

COST/GAL $4.50 $270.00 OIL QUARTS/HR 0.25

COST/QT $14.00 Total $3.50 $400,000.003600 $111.11 PROP RESERVE $15,000.003600 $4.17 PARTS $100.00 $50.00 $15.00 MISC $15.22 TOTAL DIRECT $569.00 LIMA NY CORP. dba Fly The Whale Aircraft Cost per Block Hour (Cessna Caravan)

ENGINE RESERVE
MAINTENANCE RESERVE AVIONCS RESERVE