U.S. Department of 

Transportation 

Office of the Secretary 

of Transportation 

December 11, 2014 

Mr. Mark Atwood 

Cozen O'Connor 

'• i- ;-. 

1200 New Jersey Avenue SE 

Washington DC 20590 

The Army and Navy Club Building 

Counsel for Dynamic Airways, LLC 

1627 I Street, NW, Suite 1100 

Washington, D.C. 20006 

Dear Mr. Atwood: 

Re: Docket DOT-OST-2014-0069; Application of 

Dynamic Airways, LLC, for an amendment to its 

certificate of public convenience and necessity 

pursuant to 49 U.S.C. § 41102 to engage in scheduled 

interstate and foreign air transportation section 411 02 

Certificate Authority 

We have completed our initial review of the amended application for foreign scheduled 

authority filed by Dynamic Airways, LLC ("Dynamic Airways"), and we have identified 

additional areas in which the applicant needs to provide further information and/or 

clarification before the Department can fully process its request. 

The attached Information Request lists the areas where further information and/or 

clarification is necessary. I ask that you respond fully to this request within 30 days of 

the date of this letter. Your response should be mailed to U.S. Department of 

Transportation, Docket Operations, (M-30, Room Wl2-140), 1200 New Jersey Avenue, 

S.E., West Building Ground Floor, Washington, D.C. 20590, or you may electronically 

file your response at www.regulations.gov. As is the Department's practice, further 

processing of Dynamic Airways' applications will be deferred pending receipt of this 

material. 

We have also completed our review of Dynamic Airways' request to increase the number 

of large aircraft that the air carrier may operate in its charter operations. Since Dynamic 

Airways' has not provided a forecast for the proposed expanded charter operations, we 

are unable to determine the air carrier's fitness to operate additional aircraft. Therefore 

we will defer review of the Dynamic Airways' request to increase the number aircraft 

that it may operate in charter air transportation until the air carrier has provided an 
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expense forecast demonstrating the incremental cost that the air carrier would incur given 

such expansion. 1 

In addition, please remember that Dynamic Airways should promptly provide the 

Department with any information regarding changes it may undergo in areas affecting its 

fitness (i.e., management, operating plans or financial condition, compliance disposition, 

or ownership) while its applications are under review by the Department. 

Thank you for your cooperation in this matter. If you have any questions regarding this 

letter or the requested information, please feel free to contact me at (202) 366-9721. 

Sincerely, 

Transportation Industry Analyst 

Air Carrier Fitness Division 

Enclosure 

cc: Docket DOT-OST-2014-0169 

Mr. Tony Bernhardt 

Principal Operations Inspector 

FAA Greensboro FSD0-39 

6433 Bryan Blvd. 

Greensboro, NC 27409 

The expense forecast should cover the next 12-months and be broken down between the air carrier's 

current operations and its proposed expanded operations. (If the air carrier wishes, it can meet this request 

by providing two different forecasts, one that assumes that it will continue operating with its current fleet of 

aircraft, and the other that assumes its request is granted in full and reflects the integration of additional 

aircraft into its operations.) Additionally, such forecast should conform to the criteria outlined in 

14 CFR 204.3(t)(2). 
INFORMATION REQUEST 

GENERAL INFORMATION 

1. 14 CFR Part 259, Enhanced Protection for Airline Passengers, requires that all 

certificated or commuter air carriers operating scheduled passenger service or public 

charter flights with aircraft originally designed to have a passenger capacity of 30 or 

more seats, must adopt a contingency plan in the event of lengthy tarmac delays, at each 

U.S. airport it serves. Please provide evidence that an approved Contingency Plan for 

Lengthy Tarmac Delays is on file with the Department of Transportation's Office of 

Aviation Enforcement and Proceedings, as required by the Act. Dynamic Airways may 

file their plan at the designated DOT website: http://filingtarmacdelayplan.dot.gov. 

OWNERSHIP & MANAGEMENT 

2. Ms. Rita Simas's resume indicates that she is currently employed by Hilco Transport, 

Inc. ('Hilco"). Will Ms. Simas continue her employment with Hilco if Dynamic Airways 

receives the authority that it request? If so, please describe how she will divide her time 

between her multiple responsibilities, as well as the percent of her time that she will 

allocate to each position. 

3. Mr. Paul Kraus's resume indicates that he is currently employed by Amur JMW 

Aviation/Amur Helicopter Financial Services ("Amur") and Jet Midwest Group. Will 

Mr. Kraus continue his employment with Amur and Jet Midwest Group if Dynamic 

Airways receives the authority that it request? If so, please describe how he will divide 

his time between his multiple responsibilities, as well as the percent of his time that he 

will allocate to each position. 

4. Mr. Michael Steinke's resume indicates that he is currently employed by Sky Lease I, 

Inc. d/b/a Tradewinds Airlines ("Tradewinds"). Will Mr. Steinke continue his 

employment with Tradewinds if Dynamic Airways receives the authority that it request? 

If so, please describe how he will divide his time between his multiple responsibilities, as 

well as the percent of his time that he will allocate to each position. 

5. Mr. Gary Kramer's resume indicates that he is currently employed by Erickson 

Helicopters, Inc. ("Erickson"). Will Mr. Kramer continue his employment with 

Tradewinds if Dynamic Airways receives the authority that it request? If so, please 

describe how he will divide his time between his multiple responsibilities, as well as the 

percent of his time that he will allocate to each position. 

FINANCIAL AND OPERATING PLANS 

6. Please provide a current (within 3 months) income statement and balance sheet for 

Dynamic Airways, including all footnotes applicable to the financial statements; a 

statement as to whether the documents were prepared in accordance with Generally 

Accepted Accounting Principles; a description of the significant accounting policies, such 
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as for depreciation, amortization of intangibles, overhauls, unearned revenue, and cost of 

capitalization; a statement of significant events occurring subsequent to the most recent 

Balance Sheet date; and a statement identifying the person who has prepared the financial 

statements and his or her qualifications and affiliation, if any, to Dynamic Airways. 

7. Please provide a list of any liabilities of Dynamic Airways that are more than 60-days 

past due, including the amount and the circumstances under which they are past due and 

will be paid. Additionally, state whether Dynamic Airways is currently on a cash-only 

basis with any of its vendors and discuss whether Dynamic Airways is currently meeting 

its payroll obligations in a timely manner. 

8. Please provide a revised forecast balance sheet that reflects Dynamic Airways' recent 

results from operations. 

9. Please provide a revised list of pre-operating expenses forecast that distinguishes preoperating expenses that have already been paid versus those that have already been paid. 

10. Dynamic Airways pre-operating expense forecast does not include expenses related to 

proving run flights that are normally conducted when an air carrier is seeking flag 

authority from the FAA. Does Dynamic Airways not expect to conduct proving run or 

incur these cost? 

COMPLIANCE DISPOSITION 

11. Dynamic Airways States in its application that Mr. Bill Gray had a beneficial interest 

in a trust that was part owner of a Florida Limited Liability Company, GSBD & 

Associates, LLC f/k:/a GSB & Associates, LLC ("GSB"). 

a. What was the name of the trust and what was Mr. Gray's interest in the 

trust? 

b. What was the trust's interest in GSB? 

c. What was Mr. Gray's position(s), if any, with GSB? 

12. In your application you identified an outstanding judgment of $2.75 million against 

GSB. Why has the outstanding judgment not been paid? 

13. In your application you identified two cases involving Mr. Gray: (1) Arrow Air, Inc. 

vs. GSB Associates, LLC, Case No. 1 0-28831-AJC and (2) Kalitta Air LLC v. GSBD & 

Associates, Case No. 13-1186-CZ. 

a. Please provide a copy of each complaint and a summary of the status of 

each proceeding. 
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b. Please provide a copy of the order dismissing Mr. Gray from Case No. 10-

28831-AJC. 

The information provided pursuant to this Information Request should be accompanied 

by the following notarized certification: 

The contents of this application and the attached exhibit (s) are true and correct to 

the best of my knowledge and belief. Pursuant to Title 18 United States Code 

Section 1001, I [the individual signing the application, who shall be a principal 

owner, senior officer, or internal counsel of the applicant], in my individual 

capacity and as the authorized representative of the applicant, have not in any 

manner knowingly and willfully 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 application. I understand that an 

individual who is found to have violated the provisions of 18 U.S.C. section 1001 

shall be fined or imprisoned not more than five years, or both.