US Department of Transportation Federal Aviation Administration



# Air Carrier Certificate

This certifies that ULTIMATE JETCHARTERS, LLC



## dba Ultimate Air Shuttle 6061 WEST AIRPORT DRIVE (PRIVATE) AKRON CANTON REGIONAL AIRPORT

. NORTH CANTON, OHIO 44720

has met the requirements of the Federal Aviation Act of 1958, as amended, and the rules, regulations, and standards prescribed thereunder for the issuance of this certificate and is hereby authorized to operate as an air carrier and conduct common carriage operations in accordance with said Act and the rules, regulations, and standards prescribed thereunder. and the terms, conditions, and limitations contained in the approved operations specifications.

This certificate is not transferable and, unless sooner surrendered, suspended, or revoked, shall continue in effect indefinitely.

By Direction of the Administrator

# ~b~;/~/ Certificate number: DTHA330D LEROY G. MOORE (Signature)

Effective Date: FEBRUARY 2, 2001 MANAGER REISSUED: December 27, 2010 (Title)

Issued at: GL25

- CLEVELAND I OHIO AGL-25; CLEVELAND FSDO (Region/Office)

FAA Form 8430-18 (6-87) Electronic Forms (PDF)Table of Contents

Part A

HQ CONTROL DATE EFFECTIVE

DATE AMENDMENT

NUMBER

001 Issuance and Applicability 05/09/2003 12/27/2010 15
002 Definitions and Abbreviations 04/04/2011 09/27/2011 8
003 Aircraft Authorization 03/10/2011 03/15/2011 36
004 Summary of Special Authorizations and Limitations 08/03/2001 01/23/2013 34
006 Management Personnel 10/19/2009 12/03/2013 15
007 Other Designated Persons 12/19/2006 03/10/2011 17
008 Operational Control 10/19/2009 04/08/2013 9
009 Airport Aeronautical Data 12/05/1997 04/08/2013 7
010 Aviation Weather Information 10/11/2012 03/18/2013 10
011 Approved Carry

- On Baggage Program 01/06/2005 03/21/2013 4
014 Special En Route IFR Operations in Class G Airspace 08/09/2002 12/09/2010 4
022 Approved Exit Seat Program 05/08/1998 04/08/2013 5

032 Adoption of Flight Crewmember Flight Time Limitation Rules to Establish Flight Attendant Duty & Flight Time Limitations & Rest Restrictions 06/10/1997 03/21/2013 3

041 Authorization for 14 CFR Part 135 Airplane Operators to Conduct a Pretakeoff Contamination Check 02/10/1998 12/03/2013 5

098 Medium Cabin Aircraft Passenger and Baggage Weight Program 05/27/2005 03/18/2013 16

447 Emergency Airworthiness Directives (EAD) Notification Requirements 07/30/2003 12/09/2010 5

449 Antidrug and Alcohol Misuse Prevention Program 07/17/2009 12/09/2010 6
999 ICAO

- Compliant Air Operator Certificate 12/01/2009 04/08/2013 4 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC Part A

- 1 Print Date: 12/9/2013 Certificate No.: DTHA330Da. These operations specifications are issued to Ultimate JETCHARTERS, LLC , whose principal

base of operation is located at:

The holder of these operations specifications is the holder of Air Carrier Certificate Number DTHA330D and shall hereafter be referred to as the certificate holder. The certificate holder is authorized to conduct:

The certificate holder shall conduct these kinds of operations in accordance with the specific authorizations, limitations, and procedures in these operations specifications and all appropriate Parts of the CFR.

b. These operations specifications are effective as of the “ Date Approval is effective ” listed in each paragraph and shall remain in effect as long as the certificate holder continues to meet the requirements of Part 119 as specified for certification.

d. The certificate holder is authorized to conduct flights under 14 CFR Part 91 for crewmember training, maintenance tests, ferrying, re

- positioning, and the carriage of company officials using the applicable authorizations in these operations specifications, without obtaining a Letter of Authorization, provided the flights are not conducted for compensation or hire and no charge of any kind is made for the conduct of the flights. A001

. Issuance and Applicability HQ Control: 05/09/2003 HQ Revision: 02c

Primary Business Address: 6061 West Airport Drive (Private) Akron

- Canton Airport North Canton, Ohio 44720

On Demand operations in Common carriage pursuant to

Title 14 Code of Federal Regulations (CFR) Section 119.21(a)(5)

-

ON DEMAND and provided, at all times, the

certificate holder has appropriate written economic authority issued by the Department of Transportation.

c. The certificate holder is authorized to conduct the operations described in subparagraph a under the following other business names:

Ultimate Air Shuttle U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/29/2010 A001

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Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D1. Issued by the Federal Aviation Administration

.

2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/29/2010 Amendment Number: 15 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/29/2010 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/29/2010 A001

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Ultimate JETCHARTERS, LLC Certificate No.: DTHA330DUnless otherwise defined in these operations specifications, all words, phrases, definitions, and

abbreviations have identical meanings to those used in Title 14 Code of Federal Regulations (CFR) and Title 49 United States Code as cited in Public Law 103

- 272, as amended. Additionally, the definitions listed below are applicable to operations conducted in accordance with these operations specifications. A002

. Definitions and Abbreviations HQ Control: 04/04/2011 HQ Revision: 11a

Term or Terms Definition

Agent(s) The significance of the words “ agent ” and “ agents ” as used in these

operations specifications is that the certificate holder is the principal and that the certificate holder is accountable and liable for the acts or omissions of each of its agent or agents.

Air Ambulance Aircraft An aircraft used in air ambulance operations. The aircraft must be

equipped with at least medical oxygen, suction, and a stretcher, isolette, or other approved patient restraint/containment device. The aircraft need not be used exclusively as an air ambulance aircraft and the equipment need not be permanently installed.

Air Ambulance Operations (a) Air transportation of a person with a health condition that requires

medical personnel as determined by a health care provider; or (b) Holding out to the public as willing to provide air transportation to a person with a health condition that requires medical personnel as determined by a health care provider including, but not limited to, advertisement, solicitation, association with a hospital or medical care provider and (c) Uses an air ambulance aircraft, either fixed wing or helicopter.

Airways Navigation Facilities Airways navigation facilities are those ICAO Standard Navigation Aids

(VOR, VOR/DME, and/or NDB) which are used to establish the en route airway structure within the sovereign airspace of ICAO member states. These facilities are also used to establish the degree of navigation accuracy required for air traffic control and Class I navigation within that airspace.

Authority A power that a person is vested with.

Auto Flight Guidance System (AFGS) Aircraft systems, such as an autopilot, auto throttles, displays, and

controls, that are interconnected in such a manner so as to allow the crew to automatically control the aircraft ’ s lateral and vertical flightpath and speed. A flight management system is sometimes associated with an AFGS. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

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Ultimate JETCHARTERS, LLC Certificate No.: DTHA330DAutomatic Dependent

Surveillance (ADS) A function for use by air traffic services in which the ADS equipment in

the aircraft automatically transmits data derived from on

- board navigation systems via a datalink. As a minimum, the data include aircraft identification and three

- dimensional position. ADS is sometimes referred to as ADS

- A or ADS

- Contract (e.g., a communications contract between the aircraft communications/surveillance system and an air traffic facility or service provider only).

Automatic Dependent Surveillance

Broadcast (ADS

- B) ADS

- B is a function on an aircraft or surface vehicle operating within the

surface movement area that periodically broadcasts via datalink its state vector (horizontal and vertical position, horizontal and vertical velocity) and other information. ADS

- B is Automatic in that it requires no external stimulus to elicit a transmission. ADS

- B is Dependent because it relies on

on

- board navigation sources. ADS

- B Surveillance information is provided, via data link, to any users (either aircraft or ground

- based) within range of the Broadcast signal.

Available Landing Distance (ALD) ALD is that portion of a runway available for landing and roll

- out for

aircraft cleared for land and hold short operations (LAHSO). This distance is measured from the landing threshold to the hold

- short point.

Category I Instrument Approach A Category I instrument approach is any authorized precision or

nonprecision instrument approach which is conducted with a minimum height for IFR flight not less than 200 feet (60 meters) above the touchdown zone and a minimum visibility/RVV not less than 1/2 statute mile or RVR 1800 (for helicopters, 1/4 statute mile or RVR 1600).

Certificate Holder In these operations specifications the term "certificate holder" shall mean

the holder of the certificate described in Part A paragraph A001 and any of its officers, employees, or agents used in the conduct of operations under these operations specifications.

Class I Navigation Class I navigation is any en route flight operation or portion of an

operation that is conducted entirely within the designated Operational Service Volumes (or ICAO equivalents) of ICAO standard airway navigation facilities (VOR, VOR/DME, NDB). Class I navigation also includes en route flight operations over routes designated with an "MEA GAP" (or ICAO equivalent). En route flight operations conducted within these areas are defined as "Class I navigation" operations irrespective of the navigation means used. Class I navigation includes operations within these areas using pilotage or any other means of navigation which does not rely on the use of VOR, VOR/DME, or NDB.

Class II Navigation Class II navigation is any en route flight operation which is not defined as

Class I navigation. Class II navigation is any en route flight operation or portion of an en route operation (irrespective of the means of navigation) which takes place outside (beyond) the designated Operational Service Volume (or ICAO equivalents) of ICAO standard airway navigation facilities (VOR, VOR/DME, NDB). However, Class II navigation does not include en route flight operations over routes designated with an U.S. Department of Transportation Federal Aviation Administration Operations Specifications

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Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D"MEA GAP" (or ICAO equivalent).

Cockpit Display of Traffic Information (CDTI) A CDTI is a generic display that provides a flightcrew with surveillance

information about other aircraft including their position. Traffic information for a CDTI may be obtained from one or multiple sources (including ADS

- B, TCAS, and traffic information services) to provide improved awareness of proximate aircraft and as an aid to visual acquisition as part of the normal see and avoid operations both in the air and on the ground.

Decision Altitude (Height) DA(H) is a specified minimum altitude in an instrument approach

procedure by which a missed approach must be initiated if the required visual reference to continue the approach has not been established. The

‘ altitude ’ value is typically measured by a barometric altimeter; the

‘ height ’ value (H) is typically a radio altitude equivalent height above the touchdown zone (HAT) used only for advisory reference and does not necessarily reflect actual height above underlying terrain. [This definition is consistent with both current U.S. operator usage and ICAO international agreements.]

Dual

- Certificated

Noise Compliance For purposes of noise compliance rules, dual

- certificated airplanes are

those that are certificated to operate in either a Stage 2 or Stage 3 configuration. The only airplanes dual certificated by the FAA were certain Boeing 747 ’ s,

- 300 series or earlier. For noise compliance purposes, these airplanes are considered Stage 2 unless the operator gets a supplemental type certificate to make the airplane Stage 3 only, or unless the operator voluntarily limits the operation to Stage 3 only.

Duty A task or function a person must do.

Fault Detection and Exclusion (FDE) FDE technology allows onboard GPS equipment to automatically detect a

satellite failure that effects navigation and to exclude that satellite from the navigation solution.

Flight Management Systems (FMS) An integrated system used by flightcrews for flight planning, navigation,

performance management, aircraft guidance, and flight progress monitoring.

Free Flight A safe and efficient flight operating capability under instrument flight rules

in which the operators have the freedom to select a path and speed in real time. Air traffic restrictions are imposed only to ensure separation, to preclude exceeding airport capacity, to prevent unauthorized flight through special use airspace, and to ensure safety of flight. Restrictions are limited in extent and duration to correct the identified problem. Any activity that removes restrictions represents a move toward Free Flight.

Global Position System (GPS) Landing System (GLS) GLS is a differential GPS

- based landing system providing both vertical

and lateral position fixing capability. The term GLS may also be applied to any GNSS

- based differentially corrected landing system. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

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Ultimate JETCHARTERS, LLC Certificate No.: DTHA330DHelicopter

Emergency Medical Service Helicopter emergency medical service (HEMS) is

(a) Air transportation by helicopter of a person with a health condition that requires medical personnel as determined by a health care provider; or (b) Holding out to the public as willing to provide air transportation by helicopter to a person with a health condition that requires medical personnel as determined by a health care provider including, but not limited to, advertisement, solicitation, association with a hospital or medical care provider. (c) Helicopter emergency medical evacuation service (HEMES)

ILS

- PRM The simultaneous close parallel ILS approaches are enabled through the

implementation of special p recision r unway m onitoring (PRM) equipment operated by Air Traffic Control at certain airfields for some runways. These approaches are included in 14 CFR Part 97 as “ ILS PRM. ” This operation comprises two instrument landing systems (ILS), each aligned with its respective runway and parallel to each other. ILS/PRM permits simultaneous instrument approach operations to parallel runways spaced less than 4,300 feet apart, but no less than 3,000 feet.

Imported Airplane

Noise Compliance For purposes of the noise compliance rules, an imported airplane is a

Stage 2 airplane of 75,000 pounds or more that was purchased by a U.S. person from a non

- U.S. owner on or after November 5, 1990. [Under the non addition rule (see 14 CFR § 91.855), an imported airplane may not be operated to or from any airport in the contiguous United States. Such airplanes may be owned and registered by U.S. persons but are limited to operation outside the contiguous United States.]

JAA JAR

- OPS

- 1 Joint Aviation Authorities (JAA) Joint Aviation Requirements (JAR)

operational agreements (OPS). The European JAA adopted common operational guidance for all Member States in order to harmonize the rules within those States. The JAR

- OPS

- 1, is part 1 of the operational agreement and comprises the operational requirements applicable to commercial air transportation fixed wing aircraft.

LDA/PRM (SOIA) This operation comprises one ILS and one localizer type directional aid

(LDA) with glide slope. The ILS is aligned with its runway, but the LDA serving the second runway is offset (no more than 3 degrees) from a parallel track. This offset permits simultaneous instrument approach operations to parallel runways spaced less than 3,000 feet apart, but no less than 750 feet. Because of the offset, this operation is also known as a simultaneous offset instrument approach (SOIA).

Lease A lease is where an aircraft owner transfers possession and use of a

specific aircraft to a lessee for a fixed period. In a lease, as opposed to other types of custody/use agreements, the lessee has the right to possess and use the aircraft even if the aircraft owner needs the aircraft returned, assuming the lessee has made timely payments and is properly maintaining the aircraft. In accordance with Section 119.53(b), the certificate holder U.S. Department of Transportation Federal Aviation Administration Operations Specifications

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Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Dmay not wet lease from or enter into any wet leasing arrangement with any person not authorized by the FAA to engage in common carriage operations under 14 CFR Parts 121 or 135 (as appropriate), whereby that other person provides an aircraft and at least one crewmember to the certificate holder.

Life Vest, Non

Quick

- Donning A non

- quick

- donning life vest is one which must be removed from its

container, placed over the wearer ’ s head, and/or requires additional steps beyond inflation to make it ready to use for its intended purpose.

Life Vest, Quick

Donning A quick

- donning life vest is fastened around a person in a manner which

requires the wearer only to pull on a single tab and lift the life vest over his/her head. At this point the life vest needs only to be inflated to be ready to use for its intended purpose.

Local Flying Area An area designated by the operator in which air ambulance services will

be conducted. Each local flying area should be defined in a manner acceptable to the operator, the local Flight Standards District Office, and the Principal Operations Inspector, taking into account the operating environment, the geographic terrain features, and the capabilities of the aircraft.

Major Contract Training Any flight training, flight testing, or flight checking leading to and

maintaining certification and qualification of air carrier flightcrew members in accordance with the requirements (maneuvers and procedures) explicitly stated in 14 CFR Parts 61, 121, or 135; or in SFAR 58 Advanced Qualification Program (AQP), as applicable.

Medical Crewmember A person with medical training who is assigned to provide medical care

and other crewmember duties related to the aviation operation during flight.

Minimum Descent Altitude (Height) MDA(H) is the lowest altitude in an instrument approach procedure to

which a descent is authorized on final approach or during circle

- to

- land maneuvering. The 'altitude' value is typically measured by a barometric altimeter; the 'height' value (H) is typically a radio altitude equivalent height above the touchdown zone (HAT) or height above airport (HAA) published elevation. The (H) is used only for advisory reference and does not necessarily reflect actual height above underlying terrain. [This definition is consistent with both current U.S. operator usage and ICAO international agreements.]

Operational Service Volume The Operational Service Volume is that volume of airspace surrounding a

NAVAID which is available for operational use and within which a signal of usable strength exists and where that signal is not operationally limited by co

- channel interference. Operational Service Volume includes all of the following: (1) The officially designated Standard Service Volume excluding any portion of the Standard Service Volume which has been restricted. (2) The Expanded Service Volume. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

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Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D(3) Within the United States, any published instrument flight procedure (victor or jet airway, SID, STAR, SIAP, or instrument departure). (4) Outside the United States, any designated signal coverage or published instrument flight procedure equivalent to U.S. standards.

Outsourced Training Any training, testing, or checking activity which an air carrier certificate

holder provides by way of a contract arrangement with another party.

Parabolic Flight Operations Parabolic flight operations are aerobatic maneuvers in which the aircraft

is intentionally pitched in excess of 30 degrees above and 30 degrees below the horizon in a repeated fashion for the specific purpose of exposing the participants to reduced or zero gravity conditions.

Planned Redispatch or ReRelease EnRoute The term "planned redispatch or rerelease en route" means any flag

operation (or any supplemental operation that includes a departure or arrival point outside the 48 contiguous United States and the District of Columbia) that is planned before takeoff to be redispatched or rereleased, in accordance with 14 CFR 121.631(f), at a predetermined point along the route of flight to an airport other than that specified in the original dispatch or flight release.

Polar Area (North) The north polar area of operations is that area that lies north of latitude N

78 o 00 ’

.
Qualified Local Observer A person who provides weather, landing area, and other information as

required by the operator, and has been trained by the operator under a training program approved by the Principal Operations Inspector.

Raw Terrain Raw terrain is devoid of any person, structure, vehicle or vessel.

Receiver Autonomous Integrity Monitoring (RAIM) RAIM is a function that considers the availability of satisfactory signal

integrity broadcasted from the particular GPS satellites used during a given flight. Onboard GPS navigators accomplish this automatically as the aircraft proceeds along its route. When insufficient signal integrity is detected an alarm is provided to the flightcrew. Using the predictive RAIM software flightcrews and dispatchers know in advance whether or not suitable GPS navigation will be available throughout the flight. This predictive information may also be determined during flight planning by contacting an FAA Flight Service Station.

Reliable Fix A "reliable fix" means station passage of a VOR, VORTAC, or NDB. A

reliable fix also includes a VOR/DME fix, an NDB/DME fix, a VOR intersection, an NDB intersection, and a VOR/NDB intersection provided course guidance is available from one of the facilities and the fix lies within the designated operational service volumes of both facilities which define the fix.

Required Navigation Performance (RNP) A statement of navigation performance necessary for operations within a

defined airspace. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 9/27/2011 A002

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Ultimate JETCHARTERS, LLC Certificate No.: DTHA330DRequired Navigation

Performance (RNP) Time Limit Applies to aircraft equipped with INS or IRU systems where those

systems provide the means of navigation to navigate to the degree of accuracy required by ATC. The FAA

- approved time in hours

-- after the system is placed in navigation mode or is updated en route

-- that the specific INS or IRU make/model can meet a specific RNP type on a 95% probability basis. It is used to establish the area of operations or routes on which the aircraft/navigation system is qualified to operate.

Required Navigation Performance (RNP) Type A value typically expressed as a distance in nautical miles from the

intended position within which an aircraft would be for at least 95 percent of the total flying time. For example, RNP

- 4 represents a lateral and longitudinal navigation accuracy of 4 nm on a 95 percent basis. Note: Applications of RNP to terminal area and other operations may also include a vertical component.

Responsibility Something a person is accountable for.

Runway In these operations specifications the term "runway" in the case of land

airports, water airports and heliports, and helipads shall mean that portion of the surface intended for the takeoff and landing of land airplanes, seaplanes, or rotorcraft, as appropriate.

Simultaneous offset instrument approach (SOIA) See definition for LDA/PRM.

Sustainable Transfer A sustainable transfer is a transfer of operational control, without any

impediment, by a contract, agreement, lease, or other written or verbal arrangement between the owner, lessor, or other entity, and any other entity, that restricts any person or entity from transferring operational control to the certificate holder. Examples of such impediments are lease, mortgage, insurance, management agreements, and other agreements which limit the use of the aircraft to a particular party or purpose other than the certificate holder and its authorized kinds of operation.

VFR Station

Referenced Class I Navigation VFR station

- referenced Class I navigation is any operation conducted

within the operational service volumes of ICAO standard navigation aids under visual flight rules (VFR) which uses nonvisual navigation aids (stations), such as VOR, VOR/DME, or NDB as the primary navigation reference. VFR station

- referenced Class I navigation includes Class I navigation conducted on

- airways and off

- airway routings predicated on airways navigation facilities. These operations also include Class I navigation using an area navigation system which is certificated for IFR flights over the routes being flown.

Wide Area Augmentation System (WAAS) WAAS has been developed to improve the accuracy, integrity, availability,

and reliability of GPS signals. WAAS utilizes a fixed localized ground station to calculate GPS integrity and correction data, then broadcasts this information through the GPS satellites to GPS/WAAS users along with ranging signals. It is a safety critical system consisting of a ground U.S. Department of Transportation Federal Aviation Administration Operations Specifications

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Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D1. Issued by the Federal Aviation Administration

.

2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 09/27/2011 Amendment Number: 8 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 09/27/2011 network of reference and integrity monitor data processing sites which assess current GPS performance, as well as a space segment that broadcasts that assessment to GNSS users to support IFR navigation

. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

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Ultimate JETCHARTERS, LLC Certificate No.: DTHA330DThe certificate holder is authorized to conduct operations under the provisions of Title 14 CFR Part 135 using aircraft with the approvedconfiguration and operations described in the following table:A003.Airplane AuthorizationHQ Control:03/10/2011HQ Revision:02hM/M/SType Section 119OperationConfigurationClass/CategoryOperationEnRouteConditionof FlightDO-328-300119.21(a)(5)-ON DEMANDPAX and CargoMELIFR/VFRDay/NightU.S. Departmentof TransportationFederal AviationAdministrationOperations SpecificationsPrint Date:3/15/2011A003-1Ultimate JETCHARTERS, LLCCertificate No.:DTHA330D1.Issued by the Federal Aviation Administration.2. Support information reference:3. These Operations Specifications are approved by direction of the Administrator.4.Date Approval is effective:03/15/2011Amendment Number:365.I hereby accept and receive the Operations Specifications in this paragraph.Date:03/15/2011U.S. Departmentof TransportationFederal AviationAdministrationOperations SpecificationsPrint Date:3/15/2011A003-2Ultimate JETCHARTERS, LLCCertificate No.:DTHA330Da. The certificate holder, in accordance with the reference paragraphs, is authorized to:

A004

. Summary of Special Authorizations and Limitations HQ Control: 08/03/2001 HQ Revision: 000

Reference Paragraphs Use an approved carry

- on baggage program. A011 Conduct special en route IFR operations in Class G airspace. A014 Use an approved exit row seat program. A022 Adopt flight crewmember flight time limitations rules to establish flight attendant duty & flight time limitations & rest restrictions. A032
Conduct a pretakeoff contamination check during ground icing conditions for Part 135 operators. A041
Use any combination of actual, standard average (or segmented), or survey

derived average weights for its medium cabin aircraft. A098
Issue an International Civil Aviation Organization (ICAO) air operator certificate (AOC) through the Operations Safety System (OPSS). A999
Conduct IFR en route operations. B032 Conduct Class I navigation using an area navigation system. B034 Conduct Class I navigation in the U.S. Class A airspace using an area or long

range navigation system. B035
Conduct operations in reduced vertical separation minimum (RVSM) airspace. B046 Conduct Class II navigation using single long

- range navigation system (S

LRNS). B054
Operate into/out of or overfly sensitive international area(s) as identified in B450 in accordance with the authorizations, conditions, and limitations of B050. B450
Conduct terminal instrument operations using specific procedures and landing minima for airplanes. C051
Conduct operations using basic instrument approach procedures for airplanes. C052 Conduct IFR approach procedures using special IFR landing minimums for airplanes. C054
Derive alternate airport weather minimums from the standard table for airplanes. C055 Use IFR takeoff minimums, 14 CFR Part 135 airplane operations

- all airports. C057 Conduct IFR area navigation (RNAV 1) and/or RNP 1 instrument departure procedures (DPs): RNAV 1 and/or RNP 1 Standard Terminal Arrivals Routes (STARs) published in accordance with 14 CFR Part 97; and/or tailored arrivals (TA). C063

Conduct nonscheduled passenger and/or all

- cargo, special terminal area IFR airplane operations in Class G airspace and at airports without an operating control tower. C064

Conduct airplane IFR circle

- to

- land approach maneuvers. C075 Conduct certain Part 135 turbojet operations in the terminal area using visual flight rules. C077 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A004

- 1 Amdt. No: 34 Certificate No.: DTHA330Db. The certificate holder is not authorized and shall not :

Conduct 14 CFR Part 135 IFR airplane operations using lower than standard takeoff minima. C079
Conduct continuous airworthiness maintenance programs. D072
Use short

- term escalation. D076 Conduct ferry flights under special flight permits with continuing authorization. D084 Use maintenance time limitations for operators without a reliability program. D089 Use an approved maintenance program for listed airplanes used in operations in designated RVSM airspace. D092
Use an approved Minimum Equipment List (MEL). D095 Use weight and balance control procedures. E096

Reference Paragraphs Conduct operations under certain exemptions and/or deviations. A005 Conduct extended overwater turbojet operations without required emergency equipment. A013
Use an autopilot in lieu of a second

- in

- command. A015 Use an approved security program in helicopter operations. A017 Conduct scheduled passenger helicopter operations. A018 Use automotive gasoline as aircraft fuel. A019 Conduct Part 135 airplane operations without instrument

- rated pilots. A020 Conduct helicopter emergency medical services/air ambulance operations in accordance with 14 CFR Part 135. A021
Determine ground icing conditions for the purpose of flight [using an approved deicing/anti

- icing procedure IAW CFR Section 135.227(b)(3)]. A023
Conduct airplane air ambulance operations under 14 CFR Part 135. A024 Use an approved electronic recordkeeping system. A025 Conduct Land and Hold Short Operations (LAHSO) at designated airports and specified runway configurations as identified by Air Traffic Services in Notice 7110.118, Appendix 1. A027

Conduct aircraft wet lease arrangements. A028 Use an aircraft interchange agreement under 14 CFR Section 119.49. A029 Make arrangements with training centers and other organizations for certificate holder training in accordance with 14 CFR Section 135.324. A031
Conduct certain CFR Part 135 operations in accordance with flight and rest time limitations under 14 CFR Sections 135.261 through 135.273. A033
Conduct operations using an approved Advanced Qualification Program in accordance with 14 CFR Part 121, Subpart Y, subsection 121.901

- 121.925. A034

Conduct commuter and on

- demand operations as a basic Part 135 operator IAW the deviation provisions of Section 135.21(a), and 135.341(a). A037

Conduct on

- demand operations as a basic 14 CFR Part 135 operator IAW the deviation provisions of Sections 135.21(a), 119.69(b), and 135.341(a) A038 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A004

- 2 Amdt. No: 34 Certificate No.: DTHA330DConduct single pilot

- in

- command operations as a Part 135 operator IAW the

deviation provisions of Section 135.21(a), 119.69(b), and 135.341(a). A039
Conduct operations as a single pilot operator. A040 Conduct Part 135 aircraft operations without a deicing/anti

- icing procedure. A042 Conduct Single Engine IFR (SEIFR) Passenger

- Carrying Operations Under CFR Part 135. A046
Conduct helicopter night vision goggle operations. A050 Accept, handle, and carry materials regulated as Hazardous Materials (HazMat). A055

Conduct en route data link communications. A056 Conduct "eligible on

- demand operations" as defined in and in accordance with 14 CFR Section 135.4. A057
Use an electronic flight bag. A061 Use only actual passenger and baggage weights (no combinations of average and actual weights) for all its aircraft A096
Use any combination of actual, standard average (or segmented), or survey

derived average weights in its small cabin aircraft passenger and baggage weight program. A097

Use any combination of actual, standard average (or segmented), or survey

derived average weights for its large cabin aircraft. A099
Conduct low altitude aerial delivery of cargo in support of special military operations in Afghanistan. A303
Conduct flight operations within the territory and airspace of Iraq in accordance with a grant of exemption from SFAR 77. A320
Allow persons eligible under 14 CFR Section 121.547(a)(3) access to the flightdeck using the CASS program and/or the FDAR program IAW the limitations and provisions of A348. A348

Conduct Automatic Dependent Surveillance

- Broadcast Out (ADS

- B Out) operations outside of U.S.

- designated Airspace. A353

Conduct In

- Trail Procedures (ITP) using Automatic Dependent Surveillance

Broadcast IN (ADS

- B IN). A354
Use an Operator

- Approved Minimum Equipment List program (OMEL). A395 Suspend its liability insurance due to seasonal operations. A501 Use the air carrier merger and/or acquisition plan. A502 Conduct operations into the Democratic Peoples Republic of Korea (DPRK). A519 Conduct flight operations within the territory of Iraq in accordance with the permitted operations requirements of SFAR

- 77. A520
Conduct emergency operations to support a temporary regional disaster
recovery. A529
Conduct flight operations under contract to U.S. Transportation Command or Air Mobility Command within the territory of Iraq in accordance with the permitted operations requirements of SFAR

- 77. A530

Conduct flight operations under contract to the sponsoring U.S. Government Agency(s) within the Tripoli (HLLL) FIR in accordance with the permitted operations requirements of SFAR

- 112. A532 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A004

- 3 Amdt. No: 34 Certificate No.: DTHA330DConduct operations using approved driftdown or fuel dumping procedures. B029

Conduct IFR en route RNAV operations in the State of Alaska using TSO C145a/C146a GPS/WAAS RNAV systems as the only means of IFR navigation IAW SFAR 97. B030

Conduct Class II navigation using long

- range navigation systems. B036 Conduct operations in Central East Pacific (CEP) airspace. B037 Conduct operations in North Pacific (NOPAC) airspace. B038 Conduct operations in North Atlantic minimum navigation performance specifications (NAT/MNPS) airspace. B039
Conduct operations in areas of magnetic unreliability. B040 Conduct extended overwater operations using a single long

- range communication system (S

- LRCS). B045
Conduct Class II navigation with a flight navigator. B047 Conduct air tour operations below an altitude of 1,500 feet AGL in the State of Hawaii. B048
Conduct operations in the Grand Canyon National Park Special Flight Rules Area (GCNP

- SFRA). B049
Conduct commercial air tour operations over certain national park(s) and tribal lands within or abutting those national park(s). B057
Conduct operations in Canadian Minimum Navigation Performance Airspace (MNPS). B059
Conduct extended operations (ETOPS) with two

- engine airplanes. B342 Conduct extended operations (ETOPS) in passenger

- carrying airplanes with more than two

- engines. B344
Conduct operations using FAA certified Enhanced Flight Vision Systems (EFVS). C048
Use a destination airport analysis program. C049 Conduct foreign terminal instrument procedures with special restrictions for airplanes. C058
Conduct airplane Category II instrument approach and landing operations. C059 Conduct airplane Category III instrument approach and landing operations. C060 Use flight control guidance systems for airplane automatic landing operations other than Categories II and III. C061
Use manually flown flight control guidance systems certified for airplane landing operations. C062
Use powerplant reversing systems for rearward taxi in specific airplane operations. C065
Operate airplanes with special airport authorizations, provisions, and limitations. C067 Conduct noise abatement departure profile operations with its subsonic turbojet

powered airplanes over 75,000 pounds gross takeoff weight. C068
Conduct scheduled operations at authorized airports. C070 Engage the autopilot after takeoff and initial climb at an altitude lower than specified for en route operations by Title 14 CFR Section 135.93 (a). C071 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A004

- 4 Amdt. No: 34 Certificate No.: DTHA330DConduct engine

- out departure procedures with approved 10

- minute takeoff

thrust time limits. C072

Use minimum descent altitude (MDA) as a decision altitude (DA)/decision height (DH) with vertical navigation (VNAV) on a nonprecision approach (NPA). C073

Conduct airplane contact approaches using IFR Category I landing minimums. C076 Conduct scheduled passenger, special terminal area IFR airplane operations in Class G airspace and at airports without an operating control tower. C080
Conduct IFR operations using special non CFR Part 97 instrument approach or departure procedures. C081
Conduct RNAV operations substituting for 14 CFR Part 97 instrument approaches. C300

Conduct "RNP

- like" foreign RNAV terminal instrument procedures with Required Navigation Performance (RNP) lines of minima. C358
Use landing performance assessment procedures that increase landing distances by at least an additional 15% at time of arrival for its turbojet airplane operations. C382
Conduct RNP AR approaches in accordance with 14 CFR Part 97 and operations specification C384. C384
Use an approved aircraft inspection program (AAIP). D073 Use a reliability program for the entire aircraft. D074 Use a reliability program for airframe, powerplant, systems, or selected items. D075 Contractually arrange with other certificated operators for maintenance of the entire aircraft. D077
Use the provisions of contractual agreements limited to specific maintenance functions. D078
Participate in a reliability program under a contractual agreement. D079 Use leased maintenance program authorization: U.S.

- registered aircraft. D080 Use specific aircraft for which prorated times have been established. D082
Use short

- term escalation authorization for borrowed parts that are subject to overhaul requirements. D083
Use an Extended Operations (ETOPS) aircraft maintenance program. D086 Use a maintenance program for leased foreign

- registered aircraft. D087 Use maintenance time limitations for operators with a partial reliability program. D088 Use coordinating agencies for suppliers evaluation (CASE). D090 Use an approved maintenance program for helicopter night vision goggle operations. D093
Use aircraft with nine or less passenger seats with the additional maintenance requirements of 14 CFR Section 135.421 applicable for aircraft engine, propeller, and propeller control (governor). D101

Use aircraft with nine or less passenger seats with the additional maintenance requirements of 14 CFR Section 135.421 applicable for rotorcraft operations. D102
Use aircraft with nine or less passenger seats with the additional maintenance requirements of 14 CFR Section 135.421 applicable for single engine IFR. D103
Use aircraft with nine or less passenger seats with the additional maintenance requirements of 14 CFR Section 135.421 applicable for emergency equipment. D104 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A004

- 5 Amdt. No: 34 Certificate No.: DTHA330DSuspend its liability insurance for specific aircraft in long

- term storage or

maintenance. D106
Operate transport category large helicopters in accordance with performance data contained in the approved Rotorcraft Flight Manual and special operational conditions and limitations. H100

Conduct terminal flight operations under instrument flight rules

- helicopter. H101 Conduct operations using basic instrument approach procedures for helicopters. H102 Conduct category I IFR landings other than airborne radar approaches

- helicopter. H103
Conduct IFR helicopter en route descent (HEDA) procedures. H104 Use alternate airport IFR weather minimums

- helicopter. H105 Conduct helicopter operations using standard takeoff minimums under Part 135. H106 Use special restrictions for foreign terminal instrument procedures

- helicopter. H107 Conduct Helicopter Category II operations. H108 Conduct Helicopter Category III operations. H109 Use flight control guidance systems for aircraft automatic landing operations

- helicopter. H110
Use manually flown flight control guidance systems certified for aircraft landing operations

- helicopter. H111
Conduct helicopter approach operations using an area navigation system. H112 Conduct nonscheduled passenger and all

- cargo (scheduled and nonscheduled) special terminal area IFR rotorcraft operations in Class G airspace. H113
Use special airport authorizations, limitations, and provisions

- Helicopter. H114 Conduct helicopter operations using lower than standard takeoff minimums under Part 135. H116
Conduct helicopter Category I, ILS, MLS, or GLS approach procedures with specific IFR landing minimums. H117
Conduct helicopter circle

- to

- land maneuvers using IFR Category I landing minimums. H118
Conduct helicopter contact approaches using IFR Category I landing minimums. H119 Conduct operations in authorized airports for scheduled operations

- helicopter. H120 Conduct scheduled passenger terminal area IFR rotorcraft operations in Class G airspace. H121
Conduct special non CFR Part 97 instrument approach or departure rotorcraft operations specified for the following airports. H122 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A004

- 6 Amdt. No: 34 Certificate No.: DTHA330D1. Issued by the Federal Aviation Administration.

2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A004

- 7 Amdt. No: 34 Certificate No.: DTHA330DThe certificate holder is authorized the following management positions:

a. The certificate holder uses the following named personnel in the 14 CFR Part 135 management positions listed below. All management personnel listed in this operations specification must be direct employees of the certificate holder.

Table 1

- Authorized Management Positions and Personnel

1. Issued by the Federal Aviation Administration. 2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. A006

. Management Personnel HQ Control: 10/19/2009 HQ Revision: 030

Part 119 Position Title Name Company Equivalent Position Title
Dir. of Maintenance, Part 135 Denes, Dave M. Director of Maintenance Chief Pilot, Part 135 Eby, Rodney D. Chief Pilot, Part 135 Dir. of Operations, Part 135 Parsons, David E. Dir. of Operations, Part 135 Director of Safety Parsons, Douglas L. Director of Safety U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A006

- 1 Amdt. No: 15 Certificate No.: DTHA330Da. The following person is designated as the certificate holder's Agent for Service:

Gordon, John C. 6061 West Airport Drive (Private) Akron

- Canton Airport North Canton, Ohio 44720 United States

b. The following personnel are designated to officially apply for and receive operations specifications for the certificate holder as indicated below.

Table 1

– Personnel Designated to Apply for and Receive Operations Specifications

c. The following personnel or company email boxes are designated to receive Safety Alert for Operators (SAFO) and/or Information for Operators (INFO) messages for the certificate holder as indicated below. A receipt of the information by an air carrier or person is not required.

Table 2

– Personnel Designated to Receive SAFOs and/or INFOs A007

. Other Designated Persons HQ Control: 12/19/2006 HQ Revision: 020

Title Name Parts Authorized Dir. of Operations, Part 135 Parsons, David E. A,B,C,D,E Chief Pilot, Part 135 Eby, Rodney D. A,B,C,D,E

President Gordon, John C. A,B,C,D,E

Name Email Address Telephone No. Type of Information to Receive

David Parsons dparsons@ultimatejetcharters.com 330

- 497

- 3344 Both OPS/AW Rodney Eby reby@ultimatejetcharters.com 330

- 497

- 3344 Both OPS/AW

Dave Denes dom@ultimatejetcharters.com 330

- 497

- 3344 AW U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 3/10/2011 A007

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D1. Issued by the Federal Aviation Administration

.

2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 03/10/2011 Amendment Number: 17 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 03/10/2011 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 3/10/2011 A007

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Da. The system described or referenced below shall be used by the certificate holder that conducts

operations under 14 CFR Part 135 to provide operational control for its flight operations. The essential elements of operational control described in subparagraph d. below must be included or described in that system.

Refer to Ultimate JETCHARTERS, LLC General Operations Manual, Chapter 1, Operational Control

b. Certificate Holder Responsibilities :

(1) The certificate holder retains all responsibility for the operational control of aircraft operations, and thus the safety of each flight conducted under this certificate and operations specification, including the actions or inactions of all direct employees and agents of the certificate holder.

(2) This responsibility is not transferable to any other person or entity.

(3) The certificate holder ’ s responsibility for operational control supersedes any agreement, contract, understanding or arrangement, either oral or written, expressed or implied, between any persons or entities.

c. The certificate holder may not engage in any of the following practices and shall not:

(1) Franchise or share the certificate holder ’ s authority for the conduct of operations under its certificate and operations specifications to or with another person or entity.

(2) Use a “ Doing Business As ” ( DBA) name in any way that represents an entity that does not hold an air carrier or operating certificate and operations specifications as having such a certificate and operations specifications.

(3) Engage in a Wet Lease Contrary to 14 CFR Section 119.53 . In accordance with Section 119.53(b), the certificate holder may not wet lease from or enter into any wet leasing arrangement with any person not authorized by the FAA to engage in common carriage operations under 14 CFR Parts 121 or 135 (as appropriate), whereby that other person provides an aircraft and at least one crewmember to the certificate holder. A lease, or other business arrangement with a lease, is considered a wet lease if any of the following conditions exists:

(a) The certificate holder and the aircraft owner/lessor agree that the certificate holder is required to use the aircraft owner ’ s/lessor ’ s pilot in Part 135 operations,

(b) The aircraft owner/lessor is obligated to furnish pilots to the certificate holder to operate the aircraft, or, A008

. Operational Control HQ Control: 10/19/2009 HQ Revision: 030 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A008

- 1 Amdt. No: 9 Certificate No.: DTHA330D(c) The aircraft owner/lessor has the power to veto who the certificate holder will use to

pilot the aircraft in Part 135 operations, so as to limit the certificate holder to using only the owner/lessor ’ s pilots.

(4) Transfer, surrender, abrogate, or share operational control responsibility with any party.

(5) Engage in any arrangement with an aircraft owner, lessor or any other person or entity, such as an aircraft management entity, which allows the use of an aircraft for operations under these operations specifications without a complete, effective and sustainable transfer of operational control to the certificate holder for all Part 135 operations conducted under these operations specifications.

d. Elements of Operational Control . The following items are essential elements of operational control and are required to be components of the operational control system, used by the certificate holder, and as described or referenced in subparagraph a. above:

(1) Crewmember Requirements . The certificate holder may not conduct any operation under Part 135, unless each of the certificate holder ’ s crewmembers is:

(a) The certificate holder ’ s direct employee or agent during every aspect of the Part 135 operations, including those aspects related to any pre

- flight and post

- flight duties. The certificate holder is accountable for the actions and inactions of these persons during all its aircraft operations.

(b) Currently trained and/or tested, qualified, and holds the appropriate airman and medical certificates to conduct flights for the certificate holder under Part 135, and is otherwise qualified to accept the specific flight assignment, considering flight and rest requirements, airspace qualification and the type of operation intended in the assignment. Each pilot must be specifically listed by name and airman certificate number on a list of pilots maintained by the certificate holder at its main base of operations or listed in operations specification A039 or A040, if applicable. This information must be available for inspection by the Administrator as specified in Section 135.63.

(2) Aircraft Requirements . The certificate holder may not conduct any operation under Part 135 unless each aircraft used in its Part 135 operations is:

(a) Owned by the certificate holder and remains, without interruption in the certificate holder ’ s legal and actual possession (directly or through the certificate holder's employees and agents) during all of its Part 135 flights; or

(b) Leased by the certificate holder or otherwise in the legal custody of the certificate holder and remains in the certificate holder's exclusive possession or custody during all of its Part 135 flights.

(c) For each aircraft which the certificate holder uses under these operations specifications, the aircraft owner or other lessee of the aircraft may operate the aircraft under Part 91, under the control and responsibility (including potential liability for an unsafe operation) of the owner or other lessee, as long as the following condition is met:

- The certificate holder ensures that the maintenance of the aircraft continues to adhere to the certificate holder ’ s maintenance program at all times or,

- When the aircraft is returned to the certificate holder but before the aircraft is operated under Part 135 again by the certificate holder, that aircraft undergoes an appropriate airworthiness U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A008

- 2 Amdt. No: 9 Certificate No.: DTHA330Dconformity validation check.

(3) Exclusive Aircraft Use Requirements for Part 135 Operations . At least one aircraft that meets the requirements for at least one kind of operation authorized in the certificate holder ’ s operations specifications must remain in the certificate holder ’ s exclusive legal possession and actual possession (directly or through the certificate holder's employees and agents) as specified in Section 135.25. This aircraft cannot be listed on any other Part 119 certificate holder ’ s operations specification during the term of the exclusive use lease.

(4) Use of Other Business Name(s) (DBAs) :

(a) The certificate holder may not allow or create the circumstances that would enable any other entity to conduct a flight for compensation or hire under Parts 119, 121 or 135 as if that entity were the certificate holder.

(b) The certificate holder shall not operate an aircraft under Part 135 under the name or fictitious name of any other person or entity, unless authorized in operations specification A001 of these operations specifications. Such authorization does not authorize any person or entity, other than the certificate holder, to conduct operations under the certificate holder ’ s certificate and operations specifications.

(c) The certificate holder may not allow the use of a fictitious name to obscure the certificate holder ’ s responsibility and accountability to exercise operational control over its flight operations.

(5) Aircraft Operation Agreements and Other Arrangements

. (a) In accordance with Section 119.53(b), the certificate holder may not wet lease from or enter into any wet leasing arrangement with any person not authorized by the FAA to engage in common carriage operation under Parts 121 or 135, whereby that other person provides an aircraft and at least one crewmember to the certificate holder. This requirement does not prohibit the separate use of a crewmember by the certificate holder when that crewmember is also employed by the aircraft ’ s owner or lessor.

(b) Any agreement or arrangement between the certificate holder and an aircraft owner must fully explain how the certificate holder oversees and ensures that only airworthy aircraft are used in its Part 135 operations.

(c) The certificate holder ’ s operational control system must include a system of ensuring that it has complete, effective and sustainable operational control over each aircraft operated under these operations specifications, and that no surrender or loss of operational control exists.

(d) The certificate holder may not operate any aircraft in Part 135 operations, which is subject to an agreement between the certificate holder and the aircraft owner or any lessee of the aircraft, if that agreement shifts liability and accountability for the safety of the certificate holder ’ s Part 135 flight operations from the certificate holder to the aircraft owner or other parties.

(6) Management Personnel and Persons Authorized to Exercise Operational Control :

(a) Prior to conducting a Part 135 flight or series of flights, at least one management person listed in operations specification A006, Management Personnel, of these operations specifications or U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A008

- 3 Amdt. No: 9 Certificate No.: DTHA330Da management person designee who is a direct employee of the certificate holder, other than a pilot

assigned to the specific flight or series of flight, must determine and have sufficient knowledge of the following:

(i) Whether each assigned crewmember is qualified and eligible to serve as a required crewmember in the aircraft and type of operation to which the crewmember is assigned (see subparagraph d.(1)(b) above) and

(ii) Whether the aircraft assigned for use is listed in operations specification D085, and is airworthy under the certificate holder's FAA

- approved maintenance, inspection, or airworthiness program, as appropriate.

(b) Prior to conducting a Part 135 flight or series of flights, at least the pilot assigned in accordance with subparagraph d.(6)(a)(i) above must determine and have sufficient knowledge of the following:

(i) Whether a Part 135 flight or series of flights can be initiated, conducted, or terminated safely and in accordance with the authorizations, limitations, and procedures approved in the certificate holder ’ s operations specifications, general operations manual, or subparagraph a. above and the appropriate regulations.

(ii) Notwithstanding the requirements of subparagraph d.(6)(a) above, this determination and knowledge described in subparagraph d.(6)(b)(i) above may be made for the certificate holder by pilots and/or flight crewmembers assigned to a flight or series of flights, in accordance with policies, procedures, and standards prescribed by the certificate holder.

(A) Such non

- management persons shall meet the requirements of Section 119.69 (d), and their names, titles, and duties, responsibilities, and authorities shall be specified in the general operations manual, or described in subparagraph a. above, or

(B) Those certificate holders issued operations specification A039 or A040, the persons listed in those operations specifications must determine and have sufficient knowledge of whether a Part 135 flight or series of flights can be initiated, conducted, or terminated safely in accordance with the authorizations, limitations, and procedures approved in subparagraph a. above and in accordance with the appropriate regulations.

(7) Operational Control Information Requirements :

(a) Prior to the certificate holder conducting any flight operation under Part 135, the certificate holder must provide information to the designated pilot in command (PIC) that indicates which flight or series of flights will be conducted under Part 135, that indicates which Part 91 flights will be conducted by the certificate holder, and that the certificate holder is accountable and responsible for the safe operations of these flights or series of flights. (For those issued operations specification A039 or A040 the pilots listed in those operations specifications are accountable and responsible for the safe operations of these flights or series of flights.)

(b) The system of operational control for Part 135 operations must ensure that each pilot is knowledgeable that the failure of a pilot to adhere to the certificate holder ’ s directions and instructions, or compliance with directions or instructions from an aircraft owner (other than the certificate holder), or any other outside private person or private entity, that are contrary to the certificate holder ’ s directions or instructions, while operating aircraft under these operations U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A008

- 4 Amdt. No: 9 Certificate No.: DTHA330Dspecifications, may be contrary to Parts 119 and/or 135, and therefore may be subject to legal

enforcement action by the FAA.

(c) These requirements do not apply to the following:

(i) Air Traffic Control instructions, clearances, Notices to Airmen (NOTAMs) received from FAA or cognizant foreign Air Traffic Control authorities,

(ii) Aeronautical safety of flight information received by the pilot, and,

(iii) Operation under the emergency authority of the PIC in accordance with Section 91.3(b), and /or Section 135.19(b).

1. Issued by the Federal Aviation Administration. 2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A008

- 5 Amdt. No: 9 Certificate No.: DTHA330Da. The system described or referenced in this paragraph is used by the certificate holder to obtain,

maintain, and distribute current aeronautical data for the airports it uses.

(1) General Operations Manual, Chapter 1, Publications, Distribution, Approved Documents The Director of Operations is reswponsible for insuring that the most recent flight publications are distributed. The Pilot

- in

- Command will insure that the information is aboard the airplane and current.

Aircraft Performance Group (APG) is an approved provider of performance data for the Dornier 328Jet to meet the requirements of 14 CFR 135.379; 135.385; and 135.387.

1. Issued by the Federal Aviation Administration. 2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. A009

. Airport Aeronautical Data HQ Control: 12/05/1997 HQ Revision: 01b U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A009

- 1 Amdt. No: 7 Certificate No.: DTHA330Da. The certificate holder conducting 14 CFR Part 135 operations is authorized to use weather

reporting facilities operated by the U.S. National Weather Service or a source approved by the U.S. National Weather Service.

b. The Administrator approves the certificate holder to use the following sources of aviation weather information. Enter the name of the approved weather source in the text box provided.

c

. The certificate holder is approved to use an Enhanced Weather Information System (EWINS) to obtain and disseminate aviation weather information for the control of flight operations.

Table 1

- EWINS A010

. Aviation Weather Information HQ Control: 10/11/2012 HQ Revision: 030

Jeppesen WSI DTC Duat CSC Duat Televent DTN FltPlan,LLC Flight Explorer

Name of Weather Source Name of Manual

Containing EWINS Date of Initial Approval

of EWINS Date of Latest Revision

of EWINS

N/A U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A010

- 1 Amdt. No: 10 Certificate No.: DTHA330D1. Issued by the Federal Aviation Administration.

2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A010

- 2 Amdt. No: 10 Certificate No.: DTHA330Da. The certificate holder is authorized to use the approved carry

- on baggage program required by

14 CFR Section 121.589 described or referenced in this paragraph.

Reference: For DO

- 328

- 300 Jet Aircraft Operated by Ultimate JETCHARTERS, LLC in a 29/30 Seat Passenger Configuration:

Ultimate JETCHARTERS, LLC Approved Carry On Baggage Program contained in the company General Operations Manual Chapter 7, and Chapter 13 Weight and Balance.

1. The Certificate Holder applies for the Operations in this paragraph. 2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. A011

. Approved Carry

- On Baggage Program HQ Control: 01/06/2005 HQ Revision: 02a U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A011

- 1 Amdt. No: 4 Certificate No.: DTHA330DThe certificate holder is authorized to conduct en route IFR operations in Class G airspace provided

the following provisions are met:

a. All such IFR operations are conducted within the areas of Class G airspace specifically authorized for IFR flight in operations specification paragraph B050 of these operations specifications.

b. All such operations are conducted in accordance with the limitations and provisions of operations specification paragraph B032 of these operations specifications.

c. The facilities and services necessary to safely conduct IFR operations in Class G airspace are available and operational during the period of operation in Class G airspace.

d. All Title 14 CFR Part 135 turbojet operations in Class G airspace are conducted under instrument flight rules.

1. Issued by the Federal Aviation Administration

. 2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/06/2010 Amendment Number: 4 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/06/2010 A014

. Special En Route IFR Operations in Class G Airspace HQ Control: 08/09/2002 HQ Revision: 04a U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 A014

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Da. The certificate holder is authorized to use the approved exit seat program as described or

referenced in this paragraph.

(1) Ultimate JETCHARTERS, LLC, Exit Row Seating Program contained in commpany GOM Chapter 8.

1. Issued by the Federal Aviation Administration. 2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. A022

. Approved Exit Seat Program HQ Control: 05/08/1998 HQ Revision: 01c U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A022

- 1 Amdt. No: 5 Certificate No.: DTHA330Da. The certificate holder is authorized to adopt the flight crewmember's flight, duty and rest

requirements for its flight attendants in accordance with written approved procedures as provided in Federal Aviation Regulations 121.467(c) and 135.273(c), and described or referenced in this paragraph.

Ultimate JETCHARTERS, LLC will assign and flight attendants will accept duty assignments in accordance with 14 CFR 135.261, 135.263, and 135.267 [as permitted by 135.273(c)]

Flight time, duty time and rest periods will be recorded and maintained at the base of operations, refer to Ultimate JETCHARTERS, LLC. General Operations Manual, Chapter 1, Flight Time Limitations and Rest Requirements section.

1. The Certificate Holder applies for the Operations in this paragraph. 2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. A032

. Adoption of Flight Crewmember Flight Time Limitation Rules to Establish Flight Attendant Duty & Flight Time Limitations & Rest Restrictions HQ Control: 06/10/1997
HQ Revision: 01a U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A032

- 1 Amdt. No: 3 Certificate No.: DTHA330Da. The certificate holder is authorized to conduct a pretakeoff contamination check or use an

approved alternate procedure as described below.

(1) At any time the conditions are such that frost, ice, or snow may reasonably be expected to adhere to the aircraft, the certificate holder will check the aircraft prior to takeoff or use an approved alternate procedure. The check/procedure shall ensure that the wings, control surfaces, propellers, engine inlets, and other critical surfaces are free of frost, ice, or snow.

(2) Procedures for the conduct of this check or its alternate are described or referenced in this paragraph.

Ultimate JETCHARTERS, LLC, GOM, Ch 5, Winter Operations

(3) In addition to the above, the pilots shall demonstrate knowledge to operate in ground icing conditions during the initial and recurrent flight checks.

1. Issued by the Federal Aviation Administration. 2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. A041

. Authorization for 14 CFR Part 135 Airplane Operators to Conduct a Pretakeoff Contamination Check HQ Control: 02/10/1998 HQ Revision: 00b U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A041

- 1 Amdt. No: 5 Certificate No.: DTHA330Da.The certificate holder is authorized to use actual weights or the following combinations of actual, standard average (or segmented), orsurvey-derived average weights as listed in Table 1 for medium cabin aircraft (certificated for 30-70 passenger seats) passenger and baggageweight program:Table 1.Selectable Weights–Medium Cabin Aircraft (30-70 Seats)b.Limitations and Provisions.(1)All single engine aircraft, all reciprocating engine powered aircraft, and all aircraft certificated with less than five (5) passenger seats;with the exception of single engine turbine-powered EMS helicopters operations, must use actual weights.(2)Survey-derived average weights must be re-validated every 36 calendar months from the date the survey was completed.The surveyexpiration date must be entered in Table 1 and/or Table 2, as applicable.If survey weights are not being used, enter N/A in each expiration cellin Table 1 and/or Table 2, as applicable.(3)For actual weights listed in Table 1 and/or Table 2, as applicable, the certificate holder must use:(a)Actual weights of all passengers and bags; orA098.Medium Cabin Aircraft Passenger and Baggage Weight ProgramHQ Control:05/27/2005HQ Revision:010Type ofM/FPassenger WeightCarry-On/Personal ItemWeightChecked BaggageWeightPlane-Side-LoadedBaggageWeightHeavy BaggageWeightOperationRatioAuthWt.Exp.Yr/MoAuth.Wt.Exp.Yr/MoAuth.Wt.Exp.Yr/MoAuth.Wt.Exp.Yr/MoAuth.Wt.Exp.Yr/MoOn-Demand50/50(AC)AC StandardAverage190/195N/AAC StandardAverage16N/AAC StandardAverage30N/AActualN/AN/AActualN/AN/AU.S. Departmentof TransportationFederal AviationAdministrationOperations SpecificationsUltimate JETCHARTERS, LLCA098-1Amdt. No:16Certificate No.:DTHA330D(b)Solicited (“asked”)passenger weight plus 10 pounds, and actual weight of bags.(4)The certificate holder is authorized a Carry-On-Baggage Program for its medium cabin aircraft as described in Operations SpecificationA011.(5)Certificate holders that only use the standard Advisory Circular 120-27 (as revised) average weights listed in Table 1 and/or Table 2, asapplicable, andallowcarry-on bags onboard the aircraft, must comply with the following criteria:●a 50/50 male/female ratio for summer/winter passenger weights 190/195 pounds,●16 pounds for carry-on/personal items (included in the average passenger weight),●30 pounds for plane-side loaded bags, and●60 pounds for heavy checked bags(6)Certificate holders that only use the standard Advisory Circular 120-27 (as revised) average weights and ratios listed in Table 1 and/orTable 2, as applicable, anddo not allowcarry-on bags onboard the aircraft, must comply with the following criteria:●a 50/50 male/female ratio for summer/winter passenger weights 184/189 pounds,●20 pounds for plane-side loaded bags,●30 pounds for checked bags, and●60 pounds for heavy checked bags.(7)A Heavy Bag Program is required for all certificate holders using average and/or segmented weights and such programs must meet thefollowing requirements:(a)If the Heavy Bag Program uses the standard AC weights, the following applies:(i)Anything over 50 pounds is considered to weigh 60 pounds;(ii)Anything over 100 pounds is shipped as freight (actual weight); andU.S. Departmentof TransportationFederal AviationAdministrationOperations SpecificationsUltimate JETCHARTERS, LLCA098-2Amdt. No:16Certificate No.:DTHA330D(iii)Requires that the certificate holder validate (survey) the checked, plane-side loaded, and heavy baggage weights if thecertificate holder uses standard AC average weights for these items and changes the 50 lb or 100 pound limits specified in 7(a)(i) or 7(a)(ii).(b)If the certificate holder does not have a heavy bag program, the certificate holder must use actual weights for all bags in excess of50 lb.(c)If actual or AC weights are used, enter N/A in the“expiration cell”in Table 1 and/or Table 2, as applicable, under Heavy BaggageWeight.c.Operations specification A096, or one or more of the following operations specifications A097, A098, and/or A099, as applicable, arerequired for passenger-carrying and all-cargo aircraft.d.The certificate holder is authorized to use the area/route-specific weight combinations listed in Table 2 for medium cabin aircraft (30-70seats).If Table 2 is not applicable, enter N/A in each of its cells:Table 2. City Pairs-Medium Cabin Aircraft (30-70 Seats)e.The following loading schedules and instructions shall be used for routine operations:The following loading schedules and instructions shall be used for routine operations:Table 3–Loading Schedules and Instructions for Routine OperationsCity PairsM/FPassenger WeightCarry-On/PersonalItem WeightChecked BaggageWeightPlane-Side-Loaded BaggageWeightHeavy BaggageWeightDept.CityArr.CityRatioAuth.S/WWt.Exp.Mo/YrAuth.Wt.Exp.Mo/YrAuth.Wt.Exp.Mo/YrAuth.Wt.Exp.Mo/YrAuth.Wt.Exp.Mo/YrN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AU.S. Departmentof TransportationFederal AviationAdministrationOperations SpecificationsUltimate JETCHARTERS, LLCA098-3Amdt. No:16Certificate No.:DTHA330DAircraftM/M/SType LoadingScheduleLoading ScheduleInstructionsWeight and BalanceControl ProcedureDO-328-300Std. AverageWeightsGOM Chapter 3 Weight and BalanceSectionGOM Chapter 3 Weight and BalanceSectionU.S. Departmentof TransportationFederal AviationAdministrationOperations SpecificationsUltimate JETCHARTERS, LLCA098-4Amdt. No:16Certificate No.:DTHA330D1. Issued by the Federal Aviation Administration.2. These Operations Specifications are approved by direction of the Administrator.3. I hereby accept and receive the Operations Specifications in this paragraph.U.S. Departmentof TransportationFederal AviationAdministrationOperations SpecificationsUltimate JETCHARTERS, LLCA098-5Amdt. No:16Certificate No.:DTHA330Da. The owner or operator of the aircraft identified in the certificate holder or operator ’ s aircraft

listing is primarily responsible for maintaining that aircraft in an airworthy condition as required by 14 CFR § 91.403(a) and Part 39. OpSpec A447 paragraph establishes emergency AD notification for Part 135 operators. Part 135 operators are asked to use a mailing address for official notification and there is no receipt to Aircraft Certification (AIR) required.

b. The following person/organization is designated as the certificate holder ’ s AD Notification Representative for notice of Emergency ADs and in the notification address so indicated in subparagraph b(1):

(1) Designated person/organization for Emergency AD notification:

(Note: Aircraft Certification (AIR) uses facsimile and/or US Mail for official notification of the Emergency ADs. AIR no longer use SITA or ARINC codes for electronic notification. AIR does not use E

- mail for official Emergency AD notification at this time):

(2) To expedite notification, air carrier may opt to access the web site and print a copy of the AD. All ADs are posted on the internet at http://www.airweb.faa.gov/rgl.

c. To maintain the currency of this operations specification, if any of the information contained in subparagraph b above changes, the certificate holder shall amend the operations specification in accordance with 14 CFR § 119.51(c). A447

. Emergency Airworthiness Directives (EAD) Notification Requirements HQ Control: 07/30/2003 HQ Revision: 00a

Person/Organization Name Phone

Number (24

- hour when possible) Mailing Address Email

Ultimate JETCHARTERS, LLC 330

- 497

- 3344 6061 West Airport Drive (Private) Akron Canton Regional Airport North Canton, OH 44720 dparsons@ultimatejetcharters.com U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 A447

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D1. The Certificate Holder applies for the Operations in this paragraph.

2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/06/2010 Amendment Number: 5 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/06/2010 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 A447

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330DTable 1

c. Limitations and Provisions

.

The certificate holder has 50 or more safety

- sensitive employees. A449

. Antidrug and Alcohol Misuse Prevention Program HQ Control: 07/17/2009 HQ Revision: 00a

a. The certificate holder who operates under Title 14 Code of Federal Regulations (CFR) Part 135 certifies that it will comply with the requirements of 14 CFR Part 120 and 49 CFR Part 40 for its Antidrug and Alcohol Misuse Prevention Program. b. Antidrug and Alcohol Misuse Prevention Program records are maintained and available for inspection by the FAA ’ s Drug Abatement Compliance and Enforcement Inspectors at the location listed in Table 1 below:



### x Location of Antidrug and Alcohol

Misuse Prevention Program Records: Telephone Number:

Address: 6061 West Airport Drive (Private) 330

- 497

- 3344
Address: Akron Canton Regional Airport City: North Canton
State: OH Zip Code: 44720

(1) Antidrug and Alcohol Misuse Prevention Program inspections and enforcement activity will be conducted exclusively by the Drug Abatement Division. All questions regarding this program should be directed to the Drug Abatement Division. (2) The certificate holder must implement its Antidrug and Alcohol Misuse Prevention Programs fully in accordance with 14 CFR Part 120 and 49 CFR Part 40. (3) The certificate holder is responsible for ensuring that its contractors who perform safety

- sensitive work for the certificate holder are subject to Antidrug and Alcohol Misuse Prevention Programs. (4) The certificate holder is responsible for updating this operations specification when any changes occur in the following: (a) Location or phone number where the Antidrug and Alcohol Misuse Prevention Records are kept (as listed in Table 1 above). (b) If the certificate holder ’ s number of safety

- sensitive employees goes to 50 and above, or falls below 50 safety

- sensitive employees. (5) The certificate holder with 50 or more employees performing a safety

- sensitive function on January 1 of the calendar year must submit an annual report to the Drug Abatement Division of the FAA. The certificate holder with fewer than 50 employees performing a safety

- sensitive function on January 1 of any calendar year must submit an annual report upon request of the Administrator, as specified in the regulations. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 A449

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D1. The Certificate Holder applies for the Operations in this paragraph.

2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/06/2010 Amendment Number: 6 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/06/2010 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 A449

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D

### CERTIFICATION STATEMENT

I hereby certify that the attached is a true copy of the Ultimate JETCHARTERS, LLC AOC issued
at GL25

- Cleveland (CLE) on 08/04/13 by the FAA.



### AIR OPERATOR CERTIFICATE State of the Operator United States of America Issuing Authority Federal Aviation Administration AOC #: DTHA330D Ultimate JETCHARTERS, LLC Operational Points of Contact: 866

- 947

- 2739 Contact details, at which operational management can be contacted without undue delay, are listed in Ultimate JETCHARTERS, LLC General Operations Manual Chapter 1, Key Positions Expiration Date : N/A Dba:
Ultimate Air Shuttle

Operator Address:

Telephone: 330

- 497

- 3344 Fax: 330

- 497

- 3644 E

- mail: dparsons@ultimatejetcharters.com 

### 6061 West Airport Drive (Private) Akron

- Canton Airport North Canton, Ohio 44720

This certificate certifies that Ultimate JETCHARTERS, LLC is authorized to perform commercial air operations, as defined in the attached operations specifications, in accordance with the Operations Manual and the 14CFR 135 regulations. Date of Issue : 08/04/13 Name: Leroy G. Moore

Title: Manager, CLE FSDO U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A999

- 1 Amdt. No: 4 Certificate No.: DTHA330D1. Issued by the Federal Aviation Administration.

2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC A999

- 2 Amdt. No: 4 Certificate No.: DTHA330DTable of Contents

Part B

HQ CONTROL DATE EFFECTIVE

DATE AMENDMENT

NUMBER
031 Areas of En Route Operation 02/09/2001 12/09/2010 4
032 En Route Limitations and Provisions 03/24/2009 12/09/2010 5

034 IFR Class I En Route Navigation Using Area Navigation Systems 12/04/2010 12/09/2010 28

035 Class I Navigation in the U.S. Class A Airspace Using Area or Long

- Range Navigation Systems 06/01/2011 09/27/2011 33

046 Operations in Reduced Vertical Separation Minimum (RVSM) Airspace 11/08/2004 12/09/2010 2

050 Authorized Areas of En Route Operations, Limitations, and Provisions 09/12/1997 12/09/2010 11

054 Class II Navigation Using Single Long

- Range Navigation System (S

- LRNS) 11/03/2011 03/22/2013 29

450 Sensitive International Areas 10/29/2009 12/04/2013 3 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC Part B

- 1 Print Date: 12/11/2013 Certificate No.: DTHA330DThe certificate holder is authorized to conduct the en route operations specified in this paragraph only

within the areas of en route operation listed in paragraph B050 of these operations specifications. The certificate holder shall comply with any limitations and/or procedures specified for each area listed and the provisions of the paragraphs referenced for each area. The certificate holder shall not conduct any other en route operation within any other area under these operations specifications.

a. The certificate holder is authorized to conduct en route operations in accordance with the provisions of these operations specifications.

b. The certificate holder is authorized to conduct Class I navigation. When conducting IFR Class I navigation, the certificate holder is authorized to conduct these operations in accordance with the following additional provisions:

(1) Operate IFR flights over routing predicated on ATC radar vectoring services, within controlled airspace.

(2) Operate IFR flights (including flights to alternate or diversionary airports) within controlled airspace over off

- airway routings which are predicated on airways navigation facilities, provided the following conditions are met:

(a) These off

- airway routings lie within the operational service volume of the facilities used and such off

- airway operation is authorized by the appropriate ATC facility.

(b) The operation is conducted in accordance with the route width and MEA criteria prescribed for or applied to the certificate holder by the appropriate ICAO contracting state.

(c) The required airborne and ground

- based navigation facilities are available and operational and enable navigation performance to meet the degree of accuracy required for air traffic control over the route of flight specified in the ATC clearance.

(3) Operate IFR flights including flights to alternate or diversionary airports in Class G Airspace in accordance with the provisions of paragraphs A014, C064, C080, H113, and/or H121, as applicable, of these operations specifications, if issued.

c. Deviations from routings specified in this paragraph are authorized when necessary due to inflight emergencies or to avoid potentially hazardous meteorological conditions.

d. For operations within Class A Airspace, the certificate holder is authorized to conduct Class I navigation under positive radar control with the area navigation or long

- range navigation systems specified in paragraph B035 of these operations specifications, if that paragraph is issued.

e. The certificate holder is authorized to conduct Class I navigation, including en route IFR operations outside positive radar control, with the area navigation systems specified in paragraph B034 of these operations specifications, if that paragraph is issued. B031

. Areas of En Route Operation HQ Control: 02/09/2001 HQ Revision: 01e U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/14/2010 B031

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Df. The certificate holder is authorized to conduct Class II navigation in accordance with paragraphs

B032 and B036 of these operations specifications, if those paragraphs are issued.

g. The certificate holder is authorized to use approved GPS navigation equipment as a supplement to ICAO standard navigation equipment while conducting Class I navigation.

1. Issued by the Federal Aviation Administration

. 2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/14/2010 Amendment Number: 4 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/14/2010 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/14/2010 B031

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Da. The certificate holder shall comply with the following IFR en route limitations and provisions

when conducting any en route operation under these operations specifications. Unless otherwise authorized by these operations specifications, the certificate holder shall not conduct IFR operations outside controlled airspace.

b. When conducting Class I navigation:

(1) An aircraft's position shall be "reliably fixed" as necessary to navigate to the degree of accuracy required for ATC.

(2) With the exception of b(3) and b(5) below, the airways used and the off

- airway routing predicated on airways navigation facilities shall lie within the operational service volume of the facilities defining the airways or off

- airway routing.

(3) Operations over routes with a minimum en route altitude (MEA) gap (or International Civil Aviation Organization (ICAO) equivalent) are an exception to the operational service volume requirement.

(4) With the exception of b(5) below, the facilities which define an airway, or an off

- airway routing predicated on airways navigation facilities, shall be used as the primary navigation reference.

(5) An area navigation system may be used if the aircraft ’ s position can be "reliably fixed" at least once each hour using airway navigation facilities to the degree of accuracy required for ATC. This system must be certificated for use in IFR flight for the conduct of Class I navigation over the routes being flown and authorized in accordance with paragraph B034.

c

. When conducting Class II navigation:

(1) Class II navigation as authorized in accordance with paragraph B036 or B054 is required anytime the above requirements cannot be met.

(2) RNP operations shall not be conducted unless navigation is conducted using an area navigation system which is certified for use in IFR flight for the route being flown and authorized in paragraph B036. B032

. En Route Limitations and Provisions HQ Control: 03/24/2009 HQ Revision: 020 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 B032

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D1. The Certificate Holder applies for the Operations in this paragraph.

2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/06/2010 Amendment Number: 5 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/06/2010 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 B032

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Da. The certificate holder is authorized to conduct IFR Class I terminal and en route navigation

(including operations outside positive radar control) using aircraft and RNAV systems approved by this paragraph in those areas of operations where this paragraph is referenced in B050 of these operations specifications.

b. Approved Operations. If specified in Table 1 below, the certificate holder is authorized to conduct Precision RNAV (P

- RNAV) and/or Basic RNAV (B

- RNAV)/RNAV 5 operations in terminal and/or en route areas where this paragraph is referenced in paragraph B050 of these operations specifications.

(1) The route design determines whether the operation is terminal or en route navigation.

(2) For B

- RNAV/RNAV 5 terminal and en route operations, the navigation performance is ± 5 nautical miles (NM) for 95 percent of the flight time.

(3) For P

- RNAV terminal and en route operations, the navigation performance is ± 1 NM for 95 percent of the flight time.

(4) If the RNAV equipment is certified for P

- RNAV, it may be authorized for both P

- RNAV and B

- RNAV/RNAV 5 terminal and en route operations.

c. Authorized En Route Navigation. Except as provided in these operations specifications, the certificate holder shall not conduct any other IFR Class I en route navigation using RNAV systems.

d. Authorized Aircraft Navigation Systems. The certificate holder is authorized to conduct IFR Class I terminal and en route navigation using the following aircraft and RNAV systems for the operations indicated in Table 1 below. If no specific navigation performance (for B

- RNAV/RNAV 5 and/or P

- RNAV) is authorized, enter N/A in column 4.

Table 1

– Aircraft, Navigation Systems, and Navigation Performance

e. Special En Route Limitations and Provisions. The certificate holder shall conduct all operations authorized by this paragraph in accordance with the following en route limitations and provisions:

(1) Except when navigation is performed under the supervision of a properly qualified check airman, the flightcrew must be qualified in accordance with the certificate holder's approved training program for the system being used or have satisfactorily completed a flight check using the system. The flightcrew shall have satisfactorily completed the ground school portion of that training program before performing under the supervision of a check airman.

(2) The navigation system shall be fully operational or operating in accordance with the certificate holder's approved MEL, when the system is used for any navigation. B034

. IFR Class I En Route Navigation Using Area Navigation Systems HQ Control: 12/04/2010 HQ Revision: 040

Aircraft Area Navigation Systems Navigation Limitations and
M/M/S Manufacturer Model Performance Conditions

DO

- 328

- 300 Primus 2000 N/A N/A U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/14/2010 B034

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D(3) Prior to conducting operations in airspace that require a specific navigation performance, if

authorized and listed in Table 1 above, the certificate

- holder must ensure that the aircraft navigation system will provide the navigation performance for the planned flight time in that airspace.

(4) The RNAV systems used must permit the flight to navigate to the degree of accuracy or operational performance level required for ATC; be approved for the particular area of operation as specified in paragraph B050 of these operations specifications; and be certificated for IFR flight.

(5) IFR Class I navigation using a single RNAV system shall not be conducted unless Class I navigation with a single system is authorized by this paragraph and all of the following conditions are
met:

(a) The redundant airborne equipment required to conduct IFR Class I navigation using airways navigation facilities is installed and operational.

(b) The capability exists at any point along the planned route of flight to safely return to and use airways navigation facilities for navigation if the single RNAV system fails.

(c) Any flight operated over off

- airway routing is operated under ATC radar control.

(6) IFR Class I navigation, using a single RNAV system, shall not be conducted without at least one pilot using the facilities which define the airway or off

- airway routing as the primary navigation reference unless the following conditions are met:

(a) The aircraft's present position and its relationship to NAVAID, airways, and any other Instrument Flight Procedure (IFP) specified in the currently effective ATC clearance are continuously displayed on each pilot's flight instruments.

(b) An indication is immediately provided on the forward instrument panel, within the normal field of view of each pilot, when the navigation performance of the RNAV system is insufficient to navigate to the degree of accuracy required for ATC.

(7) An approved RNAV system fix may be substituted for a required en route ground facility when that facility is temporarily out of service, provided the approved navigation system has sufficient accuracy to navigate the aircraft to the degree of accuracy or navigation performance required for ATC over that portion of the flight. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/14/2010 B034

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D1. Issued by the Federal Aviation Administration

.

2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/14/2010 Amendment Number: 28 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/14/2010 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/14/2010 B034

- 3

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Da. The certificate holder is authorized to conduct Class I navigation in the U.S. Class A Airspace

using the airplanes and area navigation (RNAV) or long

- range navigation systems (LRNS) approved by this paragraph, provided the special limitations and provisions of this operations specification are met. Except as provided in these operations specifications, the certificate holder shall not conduct any other operation using RNAV or LRNS in the U.S. Class A Airspace

.

b. Airplanes and Navigation Equipment . The certificate holder is authorized to conduct Class I navigation in the U.S. Class A Airspace using the following airplanes and navigation systems.

Table 1

– Airplane(s), RNAV Equipment, and Routes Authorized

c. RNAV Authorization for domestic routes . RNAV equipment that meets the performance necessary to fly domestic Q

- routes is authorized in the Table 1. This authorization does not include Q

- routes in the Gulf of Mexico.

d. Special Limitations and Provisions . The certificate holder shall comply with the following limitations and provisions when conducting any operation authorized by this paragraph.

(1) The certificate holder shall not conduct such operations unless the certificate holder's approved training program provides training for the equipment and special procedures to be used.

(2) Except when navigation is performed under the supervision of a properly qualified check airman, any pilot used in operations authorized by this paragraph must be qualified in accordance with the certificate holder ’ s approved training program for the navigation system being used.

(3) For operations in the continental United States, unless the RNAV route specifically requires GPS or GNSS equipage, aircraft on the RNAV route must be within ATC radar surveillance and communication. If ATC radar fails, an ATC clearance shall be obtained to continue the flight without the use of RNAV routes. If the RNAV or the LRNS fails, notify ATC as soon as practical.

(4) For operations in Alaska, the entire portion of the intended route of flight, using the RNAV or LRNS , shall be under Air Traffic Control (ATC) radar surveillance and communication. If ATC radar fails, an ATC clearance shall be obtained to continue the flight without the use of RNAV routes. If the RNAV or the LRNS fails , notify ATC as soon as practical.

(5) The airborne navigation equipment (VOR, DME, automatic direction finder (ADF)) required to navigate in the U.S. Class A Airspace using airways navigation facilities is installed and operational.

(6) If the Part 135 certificate holder has no operations manual, the approved procedures for the domestic RNAV Q

- route authorization are as follows (if procedures are contained in an operations manual or in OpSpec A008, enter the manual reference or OpSpec A008) : B035

. Class I Navigation in the U.S. Class A Airspace Using Area or Long

- Range Navigation Systems HQ Control: 06/01/2011 HQ Revision: 030

Airplane Type Make/Model/Series Navigation Equipment

(Manufacturer/Model) Domestic RNAV Route Limitations and

Conditions

DO

- 328

- 300 Primus 2000 N/A N/A U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 9/27/2011 B035

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D1. Issued by the Federal Aviation Administration

.

2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 09/27/2011 Amendment Number: 33 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 09/27/2011 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 9/27/2011 B035

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Da. The certificate holder is authorized to conduct operations within airspace designated as Reduced

Vertical Separation Minimum (RVSM) airspace in accordance with the limitations and provisions of this paragraph. The certificate holder shall not conduct any other operations in RVSM airspace under these operations specifications.

b. Required altitude

- keeping equipment . The certificate holder shall not takeoff an airplane for flight within airspace where RVSM is applied unless the Administrator has approved the following aircraft systems for RVSM operations and they are available and operational :

(1) Two independent altitude measurement systems comprised of the following elements:

(a) Cross

- coupled static source system provided with ice protection, if located on the aircraft in areas subject to ice accretion;

(b) Equipment for measuring static pressure sensed by the static source, converting it to pressure altitude and displaying pressure altitude to the flightcrew;

(c) Equipment for providing a digitally

- coded signal corresponding to the displayed pressure altitude for automatic altitude reporting purposes;

(d) Static source error correction (SSEC), if required to meet RVSM altimetry system error requirements;

(e) Equipment to provide reference signals for automatic altitude control and alerting systems

(2) One Secondary Surveillance Radar (SSR) altitude reporting transponder

(3) One altitude alert system

(4) One automatic altitude control system capable of automatically controlling the aircraft to a referenced pressure altitude

c. Required pilot training . Except when under the supervision of an appropriately trained check airman, the flightcrew must have completed an approved training program on RVSM operating practices and procedures.

d. Required RVSM Maintenance Program . The certificate holder must have an approved RVSM maintenance program outlining procedures to maintain RVSM aircraft in accordance with the requirements of Part 91, Appendix G.

e. Authorized Airplanes. The certificate holder is authorized to conduct operations in designated RVSM Airspace with the airplanes listed in paragraph D092 of these operations specifications.

f. Deviation to RVSM requirements . The Administrator may authorize an operator to deviate from RVSM requirements for a specific individual flight in RVSM airspace if: B046

. Operations in Reduced Vertical Separation Minimum (RVSM) Airspace HQ Control: 11/08/2004 HQ Revision: 01a U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 B046

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D(1) The operator submits an appropriate request with the air traffic control center controlling the

airspace in advance of the operation.

(2) At the time of filing the flight plan for the flight, Air Traffic Control (ATC) determines that the aircraft may be provided appropriate separation and the flight will not interfere with, or impose a burden on other operators.

1. The Certificate Holder applies for the Operations in this paragraph. 2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/06/2010 Amendment Number: 2 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/06/2010 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 B046

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Da. The certificate holder is authorized to conduct en route operations in the areas of en route

operation specified in this paragraph. The certificate holder shall conduct all en route operations in accordance with the provisions of the paragraphs referenced for each area of en route operation. The certificate holder shall not conduct any en route operation under these operations specifications unless those operations are conducted within the areas of en route operation authorized by this paragraph.

b. The certificate holder shall conduct all en route operations in accordance with the following limitations, provisions, and special requirements referenced numerically for each area of en route operation listed in subparagraph a. above. B050

. Authorized Areas of En Route Operations, Limitations, and Provisions HQ Control: 09/12/1997 HQ Revision: 020

Authorized Areas of En Route Operation Reference Paragraphs Note Reference #

Canada

- Excluding Canadian MNPS airspace B031
Caribbean Sea

- Including the islands/nations and the Havana FIR B031 1
Gulf of Mexico B031 1

Mexico B031, B450

USA

- The 48 contiguous United States and the District of Columbia B031, B032, B034, B035, B054

USA

- The State of Alaska B031, B032, B034, B035, B054

Note Reference # Limitations Provisions and Special Requirements

1 Class II Navigation not authorized. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 B050

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D1. The Certificate Holder applies for the Operations in this paragraph.

2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/06/2010 Amendment Number: 11 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/06/2010 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 B050

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Da. The certificate holder shall conduct all Class II navigation operations using a single long

- range

navigation system (S

- LRNS) in accordance with 14 CFR Part 135, § 135.165, as appropriate, and the provisions of this operations specification

.

b. Authorized Airplane(s) and Equipment. The certificate holder is authorized to conduct Class II S

- LRNS operations using the following airplane(s).

Table 1

– S

- LRNS Airplane(s) and Equipment

c. The area of operation where S

- LRNS is permitted is defined by the following description and excludes all the North Atlantic (NAT)/Minimum Navigation Performance Specification (MNPS) airspace:

d. Special Limitations and Provisions. The certificate holder shall conduct all operations using an S

- LRNS in accordance with the following limitations and provisions:

(1) Unless specifically authorized elsewhere in these operations specifications, the certificate holder shall not conduct Class II navigation operations within:

(2) If the airplane is equipped with only a Single Long

- Range Communications System (SLRCS), the requirements of operations specifications B045 must be met. B054

. Class II Navigation Using Single Long

- Range Navigation System (S

- LRNS) HQ Control: 11/03/2011 HQ Revision: 01b

Airplane M/M/S Single Long

- Range Navigation Systems

Manufacturer Model

DO

- 328

- 300 Primus 2000

● Beginning at 44 ° 47'20" N./67 ° 00'00" W.;

● Hence to 39 ° 00'00" N./67 ° 00'00" W.;

● Hence to 38 ° 30'00" N./69 ° 20'00" W.;

● Hence to 38 ° 00'00" N./60 ° 00'00" W.;

● Hence to 27 ° 00'00" N./60 ° 00'00" W.;

● Hence to 27 ° 00'00" N./58 ° 00'00" W.;

● Hence to 07 ° 46'00" N./58 ° 00'00" W.; and

● Then northwestward along the adjacent coastline of South America, the eastern coastline of Central America, the eastern coastline of Mexico, and the southern and eastern coastlines of the United States, to the beginning point.

● Central East Pacific (CEP) and composite airspace,

● North Pacific (NOPAC) airspace,

● NAT/MNPS airspace, or

● Areas of magnetic unreliability (AMU). The S

- LRNS shall be operational as required by B039 (NAT/MNPS) and B040 (AMU), as applicable. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC B054

- 1 Amdt. No: 29 Certificate No.: DTHA330D(3) The certificate holder shall conduct all Class II S

- LRNS operations so that the airplane is

continuously navigated to the degree of accuracy required for air traffic control (ATC). For areas where these accuracy and navigation performance standards have not been formally established, the long

- range navigation system (LRNS) must be used to continuously navigate the airplane so that the crosstrack and/or the alongtrack errors will not exceed 25 NM at any point along the flight plan route specified in the ATC clearance.

(4) Prior to entering any airspace requiring the use of an LRNS, the airplane position shall be accurately fixed using airways navigation facilities or ATC radar. After exiting this airspace, the airplane position shall be accurately fixed and the LRNS error shall be determined and logged in accordance with the operator's approved procedures.

(5) An LRNS fix may be substituted for a required en route ground facility when that facility is temporarily out of service, provided the approved navigation system has sufficient accuracy to navigate the airplane to the degree of accuracy required for ATC over that portion of the route.

(6) At dispatch, at least one of the navigation systems listed below must be installed and operational:

(a) At least one independent inertial navigation system (INS).

(b) At least one flight management system (FMS)/navigation sensor combination (or equivalent) suitable for the route to be flown.

(c) At least one independent GPS navigation system approved for Class II navigation in oceanic and remote areas.

(7) Flightcrew procedures must be in place and used in the event of the loss of the S

- LRNS after dispatch.

(8) Before conducting any operations authorized by these operations specifications, the flightcrew must be qualified in accordance with the certificate holder's approved training program for the system and procedures being used.

e. Airplane(s) Equipped with S

- LRNS Authorized RNP 10 in Certain Designated Areas of Operations. Class II navigation using an S

- LRNS

- equipped airplane authorized RNP 10 must be conducted in accordance with the following limitations or provisions:

(1) At dispatch, one of the navigation system configurations listed in subparagraph d.(6) above must be installed, operational, and (as listed in Table 2) approved for RNP 10.

( 2) The certificate holder must ensure that the airplane navigation system will provide RNP 10 performance for the planned flight time in the airspace and, if applicable, that the airplane will be operated within the RNP 10 time limit specified in Table 2.

(3) The International Civil Aviation Organization (ICAO) flight plan filed with the Air Traffic Service Provider (ATSP) must show that the airplane and operator are approved for RNP 10.

(4) The operation must be conducted using the airplane(s) and navigation equipment listed in Table 2 only within the area(s) of operations listed. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC B054

- 2 Amdt. No: 29 Certificate No.: DTHA330DTable 2

– S

- LRNS Airplane(s) and Equipment Authorized RNP 10

*Gulf of Mexico Oceanic Control Areas: Houston Oceanic Control Area (CTA)/Flight Information Region (FIR), Gulf of Mexico Oceanic Portion of Miami Oceanic CTA/FIR, the Monterrey CTA, and Merida High CTA with in the Mexico FIR/Upper Control Area (UTA).

f. Deviations to RNP 10 Requirements. The administrator may authorize a certificate holder to deviate from RNP 10 requirements in subparagraph e. for a specific individual flight in airspace where RNP 10 is required if the ATSP determines that the airplane will not interfere with, or impose a burden on, other operators. Operations conducted under such authority will be conducted in accordance with the following limitations and provisions:

(1) If fuel planning is predicated on en route climb to flight levels where RNP is normally required, an appropriate request must be coordinated in advance of the flight with the ATSP.

(2) The appropriate information blocks in the ICAO flight plan filed with the ATSP must show that the airplane is not approved for the specified RNP 10 type.

(3) At dispatch, at least one of the navigation system configurations listed in subparagraph d. (6) must be installed and operational. Airplane M/M/S S

- LRNS Manufacturer S

- LRNS

Model RNP 10 Time

Limit Area of Operations Where Permitted

*Gulf of Mexico Oceanic Control Areas U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC B054

- 3 Amdt. No: 29 Certificate No.: DTHA330D1. The Certificate Holder applies for the Operations in this paragraph.

2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC B054

- 4 Amdt. No: 29 Certificate No.: DTHA330Da. Sensitive International Areas . The FAA identified a need to communicate vital and time

- sensitive

safety information regarding overflights and/or flights into certain sensitive international areas. Review the list of countries identified at the following Web address: www.faa.gov/air_traffic/publications/ifim/us_restrictions/ . Enter into Table 1 the country, the flight operation (overflight, or into/out of), the destination airport if applicable, the frequency (daily, weekly, monthly, or on demand) as well as the type of operations (passenger, cargo, U.S. Government) for the listed countries, excluding operations in the following countries: United States, Bahamas, Canada, and Cuba. The certificate holder will review the list of countries on the FAA website at least every three months and change Table 1 accordingly.

Table 1

- Country/Areas and Authorizations

b. Responsible Persons . In order for the FAA to immediately communicate time

- sensitive safety information that could impact the safety of your flight operations, enter into Table 2 the primary points of contact for a management person or operational control organization that has the ability to contact an aircraft inflight and is responsible for the international flight operations listed in Table 1. This contact will be available 24 hours a day, 7 days a week.

Table 2

- Responsible Persons/Organization B450

. Sensitive International Areas HQ Control: 10/29/2009 HQ Revision: 010

Country Overflight or

Flight Into/Out of Destination

Airport (if applicable) Frequency of Operations Type of Operations

Mexico Flight Into/Out Of All suitable airports On demand Passenger and Cargo

Person(s) / Organization Person(s) Title /

Organization Phone Number Email Address

David Parsons Director of Operations 330

- 312

- 1074 dparsons@ultimatejetcharters.com Rodney Eby Chief Pilot 330

- 705

- 0734 reby@ultimatejetcharters.com Joseph Zvada Flight Coordinator 866

- 947

- 2739 jzvada@ultimatejetcharters.com Douglas Parsons Director of Safety 330

- 284

- 1936 doparsons@ultimatejetcharters.com U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC B450

- 1 Amdt. No: 3 Certificate No.: DTHA330D1. Issued by the Federal Aviation Administration.

2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC B450

- 2 Amdt. No: 3 Certificate No.: DTHA330DTable of Contents

Part C

HQ CONTROL DATE EFFECTIVE

DATE AMENDMENT

NUMBER

051 Terminal Instrument Procedures 09/12/2012 03/21/2013 5

052 Straight

- in Non

- Precision, APV, and Category I Precision Approach and Landing Minima

– All Airports 01/07/2011 03/10/2011 13

054 Special Limitations and Provisions for Instrument Approach Procedures and IFR Landing Minimums 03/09/2004 12/09/2010 2

055 Alternate Airport IFR Weather Minimums 02/04/2011 03/10/2011 9

057 IFR Takeoff Minimums, 14 CFR Part 135 Airplane Operations

- All Airports 01/13/2000 12/09/2010 5

063 Area Navigation (RNAV) and Required Navigation Performance (RNP) Terminal Operations 01/06/2012 03/22/2013 4

064 Terminal Area IFR Operations in Class G Airspace and at Airports Without an Operating Control Tower

-- Nonscheduled Passenger and All

- Cargo Operations 12/17/2003 12/09/2010 7

075 Category I IFR Landing Minimums

- Circle

- to

- Land Approach Maneuver 04/27/2001 12/09/2010 26

077 Terminal Visual Flight Rules, Limitations, and Provisions 12/11/2012 03/21/2013 8

079 IFR Lower than Standard Takeoff Minima, 14 CFR Part 135 Airplane Operations

- All Airports 05/21/2012 03/21/2013 17 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC Part C

- 1 Certificate No.: DTHA330Da. The certificate holder is authorized to conduct terminal instrument operations using the

procedures and minima specified in these operations specifications, provided one of the following conditions is met:

(1) The terminal instrument procedure used is prescribed by these operations specifications.

(2) The terminal instrument procedure used is prescribed by Title 14 Code of Federal Regulations (CFR) Part 97, Standard Instrument Approach Procedures.

(3) At U.S. military airports, the terminal instrument procedure used is prescribed by the U.S. military agency operating the airport.

(4) If authorized foreign airports, the terminal instrument procedure used at the foreign airport is prescribed or approved by the government of an ICAO contracting state. The terminal instrument procedure must be constructed using criteria based on FAA Order 8260.3, United States Standard for Terminal Instrument Procedures (TERPS); or ICAO Document 8168

- OPS; Procedures for Air Navigation Services

- Aircraft Operations (PANS

- OPS), Volume II; or Military Instrument Procedures Standardization (MIPS); or other special criteria approved by the headquarters Flight Technologies and Procedures Division (AFS

- 400). The visibility, RVR, or Converted Meteorological Visibility (CMV) is based on TERPS, EU

- OPS 1, Aerodrome Operating Minimums or ICAO Doc 9365, Manual of All Weather Operations, Third Edition.

b. If applicable, Special Limitations, and Provisions for Instrument Approaches at Foreign Airports.

(1) Terminal instrument procedures may be developed and used by the certificate holder for any foreign airport, provided the certificate holder makes a determination that each procedure developed is equivalent to U.S. TERPS, ICAO PANS

- OPS, MIPS criteria, or other special criteria approved by the headquarters Flight Technologies and Procedures Division (AFS

- 400). The visibility, RVR, or CMV is based on TERPS, EU

- OPS 1 or ICAO Document 9365. The certificate holder shall submit to the FAA a copy of the terminal instrument procedure with supporting documentation.

(2) At foreign airports, the certificate holder shall not conduct terminal instrument procedures determined by the FAA to be “ not authorized for United States air carrier use. ” In these cases, the certificate holder may develop and use a terminal instrument procedure provided the certificate holder makes a determination that each procedure developed is equivalent to U.S. TERPS, ICAO PANS

- OPS, MIPS criteria, or other special criteria approved by the headquarters Flight Technologies and Procedures Division (AFS

- 400). The visibility, RVR, or CMV is based on TERPS, EU

- OPS 1 or ICAO Document 9365. The certificate holder shall submit to the FAA a copy of the terminal instrument procedure with supporting documentation.

(3) When the minima are specified only in meters, the certificate holder shall use the metric operational equivalents as specified in the RVR Conversion Table (Table 1) or the Meteorological Visibility Conversion Table (Table 2) for both takeoff and landing. Values not shown may be interpolated. C051

. Terminal Instrument Procedures HQ Control: 09/12/2012 HQ Revision: 02b U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC C051

- 1 Amdt. No: 5 Certificate No.: DTHA330D(4) When operating at foreign airports where the published landing minima are specified in

RVR, the RVR may not be available, therefore the meteorological visibility is reported. When the minima are reported in meteorological visibility, the certificate holder shall convert meteorological visibility to RVR by multiplying the reported visibility by the appropriate factor, shown in Table 3. The conversion of reported meteorological visibility to RVR is used only for Category I landing minima, and shall not be used for takeoff minima, CAT II or III minima, or when a reported RVR is available. Table 2 Meteorological Visibility Conversion Statute Miles Meters
1/4 sm 400 m
3/8 sm 600 m
1/2 sm 800 m
5/8 sm 1000 m
3/4 sm 1200 m
7/8 sm 1400 m
1 sm 1600 m
1 1/8 sm 1800 m
1 1/4 sm 2000 m
1 1/2 sm 2400 m
1 3/4 sm 2800 m
2 sm 3200 m
2 1/4 sm 3600 m
2 1/2 sm 4000 m
2 3/4 sm 4400 m
3 sm 4800 m Table 1

RVR Conversion Feet Meters
300 ft 75 m 400 ft 125m 500 ft 150 m 600 ft 175 m 700 ft 200 m 1000 ft 300 m 1200 ft 350 m 1400 ft 450 m 1600 ft 500 m 1800 ft 550 m 2000 ft 600 m 2100 ft 650 m 2400 ft 750 m 3000 ft 1000 m 4000 ft 1200 m 4500 ft 1400 m 5000 ft 1500 m 6000 ft 1800 m

Table 3 [RVR = (reported meteorological visibility) X (factor)]
AVAILABLE LIGHTING DAY NIGHT
High Intensity approach and runway lighting 1.5 2.0 Any type of lighting installation other than above 1.0 1.5 No lighting 1.0 N/A U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC C051

- 2 Amdt. No: 5 Certificate No.: DTHA330D1. The Certificate Holder applies for the Operations in this paragraph.

2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC C051

- 3 Amdt. No: 5 Certificate No.: DTHA330Da. The certificate holder is authorized to conduct operations using the types of IAPs listed in

Table 1 below, and shall not conduct operations using any other types.

Table 1

– Authorized Instrument Approach Procedures

b. Conditions and Limitations

.
(1) Unless otherwise authorized by these operations specifications, the certificate holder shall not use any IFR IAP at any U.S. civil, military, or joint

- use airport unless:

(a) It is promulgated under 14 CFR Part 97, or

(b) The procedure has been constructed using FAA Order 8260.3, United States Standard for Terminal Instrument Procedures (TERPS), or other special criteria approved by the headquarters Flight Technologies and Procedures Division (AFS

- 400), or

(c) The procedure has been prescribed by the U.S. military agency operating the U.S. military airport.

(2) Runway Visual Range: TDZ RVR reports, when available for a particular runway, are controlling for all approaches to and landings on that runway.

(a) The mid RVR and rollout RVR reports (if available) provide advisory information to pilots. C052

. Straight

- in Non

- Precision, APV, and Category I Precision Approach and Landing Minima

– All Airports HQ Control: 01/07/2011 HQ Revision: 070

Nonprecision Approach Procedures Without Vertical Guidance Approaches With Vertical Guidance (APV) Precision Approach

Procedures (ILS, MLS & GLS)

GPS Not Authorized ILS

LDA ILS/DME

LDA/DME ILS/PRM

LOC PAR

LOC/DME

LOC/BC/DME

LOC BC

NDB

NDB/DME RNAV (GPS) RNAV (VOR/DME)

SDF

VOR

VOR/DME

VOR/DME/LOC U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 3/10/2011 C052

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D(b) Visibility values below 1⁄2 statute mile are not authorized and shall not be used.

(c) The mid RVR report may be substituted for the TDZ RVR report if the TDZ RVR report is not available.

(3) The certificate holder may not use DA(H) in lieu of MDA(H) unless paragraph C073 is authorized.

(4) Unless otherwise authorized by these operations specifications, the certificate holder may not conduct any RNP special aircraft and aircrew authorization required (SAAAR) operations

. (5) Approach Procedures Using GPS or GPS Wide Area Augmentation System (WAAS). The certificate holder is authorized to conduct GPS and/or GPS WAAS instrument approach operations using the approved GPS and/or GPS WAAS equipment listed in paragraph B034 if “...

. or GPS ”

, GPS, or RNAV (GPS) or RNAV (GNSS) is listed in Table 1 above. This authorization to conduct approaches using GPS and/or GPS WAAS is subject to the following limitations and conditions:

(a) The airborne GPS and/or GPS WAAS navigation equipment to be used must be approved for IFR operations, certified for the intended operation (LPV, LNAV/VNAV, LP or LNAV) and must contain current navigation data.

(b) Both the GPS constellation and the required airborne equipment must be providing the levels of availability, accuracy, continuity of function, and integrity required for the operation.

c. Reduced Precision CAT I Landing Minima

. (1) Reduced Landing Minima

– 200 feet DH and 1800 RVR. The certificate holder is authorized precision CAT I landing minima as low as 1800 RVR to approved runways without TDZ lights and/or runway centerline (RCL) lights, including runways with installed but inoperative TDZ lights and/or RCL lights, in accordance with the following requirements:

(a) The authorized airplane(s) must be equipped with an approved FD, AP, or HUD approved for at least CAT I operations that provides guidance to DA. The flightcrew must be required to engage the FD, AP, or HUD as applicable and use it to DA or initiation of missed approach unless adequate visual references with the runway environment are established that allow the safe continuation to a landing. Single pilot operations are prohibited from using the FD to reduced CAT I landing minima without the accompanying use of an AP or HUD.

(b) Should the FD, AP, or HUD malfunction or be disengaged during the approach, the flightcrew must execute a missed approach unless the approach can be continued with the use of an operational FD, AP, or HUD, or visual reference to the runway environment has been established.

(c) The flightcrew must demonstrate proficiency in ILS approaches to minimums using the FD, AP, or HUD as applicable.

(d) The Part 97 SIAP must have an 1800 RVR minimum



### .

d. Limitations and Provisions for IAPs at Foreign Airports

. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 3/10/2011 C052

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D(1) Unless otherwise authorized by these operations specifications, the certificate holder shall

not use any IFR IAP at any foreign airport unless:

(a) The procedure has been constructed using criteria based on FAA Order 8260.3, or other special criteria approved by the headquarters Flight Technologies and Procedures Division (AFS

- 400), or the procedure has been constructed using criteria prescribed by the ICAO Doc 8168, Procedures for Air Navigation Services, and,

(b) The visibility, RVR, or Converted Meteorological Visibility (CMV) is based on FAA Order 8260.3, or the applicable European Union (EU) or European Aviation Safety Agency (EASA) regulation or ICAO Doc 9365, Manual of All Weather Operations, Third Edition, and,

(c) The DH/MDA shall not be below 200 feet HATh unless authorized by these operations specifications.

(2) The certificate holder may not conduct operations using RNP

- AR or “ RNP

- Like ” foreign procedures unless the certificate holder is authorized nonstandard paragraph C384 or paragraph C358, respectively, and the procedures are authorized from within the applicable paragraph.

(3) Foreign approach lighting systems compliant with the ICAO Annex 14 Standards and Recommended Practices (SARPS) or equivalent to U.S. standards are authorized for non

- precision, APV, and precision instrument approaches. Sequenced flashing lights are not required when determining the equivalence of a foreign approach lighting system to U.S. standards.

(4) For straight

- in landing minima at foreign airports where an MDA(H) or DA(H) is not provided, the lowest authorized MDA(H) or DA(H) shall be obtained as follows:

(a) When an Obstruction Clearance Limit (OCL) is specified, the authorized MDA(H) or DA(H) is the sum of the OCL and the airport elevation. The MDA(H) may be rounded to the next higher 10

- foot increment.

(b) When an Obstacle Clearance Altitude (OCA)/Obstacle Clearance Height (OCH) is specified, the authorized MDA(H) or DA(H) is equal to the OCA/OCH as adjusted by any operational requirement to increase the altitude/height. For non

- precision approaches, the authorized MDA(H) may be expressed in intervals of 10 feet.

(5) When conducting an IAP outside the United States, the certificate holder shall not operate an aircraft below the prescribed MDA(H) or continue an approach below the DA(H), unless the aircraft is in a position from which a normal approach to the runway of intended landing can be made and at least one of the following visual references is clearly visible to the pilot:

(a) Runway, runway markings, or runway lights.

(b) Approach light system (in accordance with 14 CFR § 91.175(c)(3)(i)).

(c) Threshold, threshold markings, or threshold lights.

(d) Touchdown zone (TDZ), TDZ markings, or TDZ lights.

(e) Visual glidepath indicator (such as VASI, PAPI). U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 3/10/2011 C052

- 3

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D(f) Runway end identifier lights.

(6) Approaches to runways with published minima as low as 1800 RVR (550m) without installed RCL and/or TDZ lighting or with inoperative RCL and/or TDZ lighting are authorized as long as the requirements of subparagraph c (1)(a

- c) of this operations specification are met.

1. Issued by the Federal Aviation Administration

. 2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 03/10/2011 Amendment Number: 13 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 03/10/2011 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 3/10/2011 C052

- 4

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Db. L imitations on the Use of Landing Minimums for Turbojet Airplanes.

(1) A pilot

- in

- command of a turbojet airplane shall not conduct an instrument approach procedure when visibility conditions are reported to be less than 3⁄4 statute mile or RVR 4000 until that pilot has been specifically qualified to use the lower landing minimums.

(2) A pilot

- in

- command of a turbojet airplane shall not begin an instrument approach procedure when the visibility conditions are reported to be less than 3⁄4 statute mile or RVR 4000, unless the following conditions exist:

(a) Fifteen percent additional runway length is available over the landing field length specified for the destination airport by the appropriate Sections of the CFR. (b) Precision instrument (all weather) runway markings or runway centerline lights are operational on that runway. C054

. Special Limitations and Provisions for Instrument Approach Procedures and IFR Landing Minimums HQ Control: 03/09/2004 HQ Revision: 02a

a. High Minimum Pilot

- in

- Command Provisions

. Pilots

- in

- command who have not met the requirements of Title 14 of the Code of Federal Regulations (CFR) Section 121.652 or 135.225(e)

as appropriate, shall use the high minimum pilot RVR landing minimum equivalents as determined from the following table.

RVR Landing Minimum as Published RVR Landing Minimum Equivalent required for High Minimum Pilots
RVR 1800 RVR 4500 RVR 2000 RVR 4500 RVR 2400 RVR 5000 RVR 3000 RVR 5000 RVR 4000 RVR 6000 RVR 5000 RVR 6000 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 C054

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D1. The Certificate Holder applies for the Operations in this paragraph.

2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/06/2010 Amendment Number: 2 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/06/2010 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 C054

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Da. The certificate holder is authorized to derive alternate airport weather minimums from T able 1

below.

b. Special limitations and provisions:

(1) In no case shall the certificate holder use an alternate airport weather minimum other than any applicable minimum derived from this table.

(2) In determining alternate airport weather minimums, the certificate holder shall not use any published IAP which specifies that alternate airport weather minimums are not authorized.

(3) When determining the usability of a runway, wind including gust must be forecast to be within operating limits, including reduced visibility limits, and should be within the manufacturer ’ s maximum demonstrated crosswind.

(4) All conditional forecast elements below the lowest applicable operating minima must be taken into account. Additives are applied only to the height value (H) to determine the required ceiling.

(5) When dispatching under the provisions of the MEL, those MEL limitations affecting instrument approach minima must be considered in determining alternate minima.

(6) For operations outside the United States, because of variations in the international metric weather forecasting standards, 700 m may be used in lieu of 800 m.

Table 1

- Alternate Airport IFR Weather Minimums C055

. Alternate Airport IFR Weather Minimums HQ Control: 02/04/2011 HQ Revision: 03b

Approach Facility Configuration Ceiling Visibility For airports with at least one operational navigational facility providing a straight

- in

non

- precision approach procedure, or Category I precision approach, or, when applicable, a circling maneuver from an IAP. Add 400 ft to MDA(H) or DA(H), as applicable. Add 1 statute mile or

1600 m to the landing minimum.

For airports with at least two operational navigational facilities, each providing a straight

- in approach procedure to different suitable runways. Add 200 ft to higher DA(H) or MDA(H) of the two approaches used. Add 1⁄2 sm or 800 m to the

higher authorized landing minimum of the two approaches used. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 3/10/2011 C055

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D1. Issued by the Federal Aviation Administration

.

2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 03/10/2011 Amendment Number: 9 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 03/10/2011 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 3/10/2011 C055

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330DStandard takeoff minimums are defined as 1 statute mile visibility or RVR 5000 for airplanes having

2 engines or less and 1/2 statute mile visibility or RVR 2400 for airplanes having more than 2 engines. RVR reports, when available for a particular runway, shall be used for all takeoff operations on that runway. All takeoff operations, based on RVR, must use RVR reports from the locations along the runway specified in this paragraph.

a. When a takeoff minimum is not published, the certificate holder may use the applicable standard takeoff minimum and any lower than standard takeoff minimums authorized by these operations specifications. When standard takeoff minimums or greater are used, the Touchdown Zone RVR report, if available, is controlling.

b. When a published takeoff minimum is greater than the applicable standard takeoff minimum and an alternate procedure (such as a minimum climb gradient compatible with airplane capabilities) is not prescribed, the certificate holder shall not use a takeoff minimum lower than the published minimum. The Touchdown Zone RVR report, if available, is controlling.

NOTE: Single

- Engine IFR Part 135 passenger

- carrying operations are not authorized lower than standard takeoff minimums at any airport.



### c.When takeoff minimums are equal to or less than the applicable standard takeoff minimum, the certificate holder is authorized to use a takeoff minimum equal to the lowest authorized straight

- in Category I IFR landing minimum applicable to the certificate holder for that particular airport. The Touchdown Zone RVR report, if available, is controlling. C057

. IFR Takeoff Minimums, 14 CFR Part 135 Airplane Operations

- All Airports HQ Control: 01/13/2000 HQ Revision: 02a U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 C057

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D1. The Certificate Holder applies for the Operations in this paragraph.

2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/06/2010 Amendment Number: 5 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/06/2010 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 C057

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Da. The certificate holder is authorized to conduct IFR RNAV 1 and/or RNP 1 instrument departure

procedures (DP); RNAV 1 and/or RNP 1 Standard Terminal Arrival Routes (STAR) published in accordance with 14 CFR Part 97; and/or tailored arrivals (TA) using approved RNAV systems to the airports and runways approved for such operations, and must conduct all such operations in accordance with the provisions of these operations specifications.

b. Authorized Aircraft and Equipment . The certificate holder is authorized to conduct RNAV 1 and/or RNP1 DPs, RNAV 1 and/or RNP 1 STARs, and TA operations as listed in Table 1 using the following eligible aircraft and RNAV systems installed and operational as required by the AFM, CFRs, the FAA compliance table, or this operations specification.

Table 1

- Aircraft with RNAV Systems Eligible for RNAV 1 and/or RNP 1 DPs, RNAV 1

and/or RNP 1 STARs, and/or TAs

c. The certificate holder must maintain the aircraft and equipment listed in Table 1 above using an established maintenance program that addresses these RNAV requirements.

d. Flightcrew Qualifications . Flightcrews must not conduct operations approved by this operations specification until qualified in accordance with the certificate holder ’ s approved training program for RNAV 1 and/or RNP 1 DPs, STARs operations, and/or TAs.

e. For Part 135 operators that have no manuals, the approved procedures required for this authorization are as follows:

N/A C063

. Area Navigation (RNAV) and Required Navigation Performance (RNP) Terminal Operations HQ Control: 01/06/2012 HQ Revision: 04a

Airplane Compliant RNAV System(s) and Software Authorization Limitations
M/M/S Manufacturer Model/HW

Part # Software

Part/Version/Revision Number and Provisions

DO

- 328

- 300 Honeywell Primus 2000, FMZ

920, All All RNAV 1 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC C063

- 1 Amdt. No: 4 Certificate No.: DTHA330D1. The Certificate Holder applies for the Operations in this paragraph.

2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC C063

- 2 Amdt. No: 4 Certificate No.: DTHA330DThe certificate holder is authorized to conduct nonscheduled passenger and all

- cargo (scheduled and

nonscheduled) terminal area IFR operations in Class G airspace or at airports without an operating control tower specified in accordance with the limitations and provisions of this paragraph. The certificate holder shall not conduct any other terminal area IFR operations under this operations specification.

a. The certificate holder is authorized to conduct these operations, provided that the certificate holder determines that:

(1) The airport is served by an authorized instrument approach procedure.

(2) The airport has an approved source of weather or in accordance with the provisions for conducting the flight under the eligible on

- demand authorization.

(3) The airport has a suitable means for the pilot

- in

- command to acquire timely air traffic advisories and the status of airport services and facilities.

(4) The facilities and services necessary to safely conduct IFR operations are available and operational at the time of the particular operation.

b. The certificate holder is authorized to designate and use an alternate or diversionary airport which will involve terminal area IFR operations in Class G airspace or at airports without an operating control tower provided that at the time of any operation to that alternate or diversionary airport, the certificate holder determines that the provisions specified in subparagraphs a(1) through (4) are met.

c. Except as provided in operations specifications paragraph C077, all 14 CFR Part 135 turbojet and all Part 121 operations in the terminal area are conducted under instrument flight rules. C064

. Terminal Area IFR Operations in Class G Airspace and at Airports Without an Operating Control Tower

-- Nonscheduled Passenger and All

- Cargo Operations HQ Control: 12/17/2003
HQ Revision: 03a U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 C064

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D1. The Certificate Holder applies for the Operations in this paragraph.

2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/06/2010 Amendment Number: 7 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/06/2010 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 C064

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330DThe certificate holder is authorized Category (CAT) I IFR landing minimums for circle

- to

- land

approach maneuvers in accordance with the limitations and provisions of this operations specification.

a. The lowest authorized IFR landing minimum for instrument approaches, which require a circle

to

- land maneuver to the runway of intended landing, shall be determined for a particular aircraft by using the speed category appropriate to the highest speed used during the circle

- to

- land maneuver.

b. Aircraft operating under IFR during all circle

- to

- land maneuvers are required to remain clear of clouds. If visual reference to the airport is lost while conducting a circle

- to

- land maneuver the missed approach procedure specified for the applicable instrument approach must be followed, unless an alternate missed approach procedure is specified by ATC.

c. All Certificate Holders

- Training and Checking Provided . If the certificate holder provides training and checking the following subparagraphs c(1) through c(3) apply.

(1) The certificate holder shall use the highest of the following landing minimums for an instrument approach that requires a circle

- to

- land maneuver to align the aircraft with the runway of intended landing when a straight

- in landing from an instrument approach is not possible or is not desirable:

(a) The circling landing minimum specified by the applicable instrument approach procedure,

or

(b) A landing minimum specified in the following table.

(2) The certificate holder shall conduct authorized circle

- to

- land maneuvers using only pilots who:

(a) Are not required by a pilot certificate restriction to conduct circling approaches in VMC conditions only; and,

(b) Have successfully completed an approved training program (if required) and a proficiency check for the circle

- to

- land maneuver. The training program must specifically include the circle

- to

- land maneuver. Satisfactory completion of an Advanced Qualification Program (AQP) C075

. Category I IFR Landing Minimums

- Circle

- to

- Land Approach Maneuver HQ Control: 04/27/2001 HQ Revision: 020

Speed Category HAA Visibility in Statute Miles Less than 91 kts 350 ’ 1 91 to 120 kts 450 ’ 1 121 to 140 kts 450 ’ 1 1⁄2 141 to 165 kts 550 ’ 2 Above 165 kts 1000 ’ 3 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 C075

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Dvalidation of the circle

- to

- land maneuver satisfies this requirement.

(3) The certificate holder is authorized to use the following aircraft to conduct circle

- to

- land maneuvers when training and checking are provided (if none are authorized, enter N/A): U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 C075

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330DTable 1

d. If Foreign Airports are Authorized . The following special limitations and provisions for instrument approach procedures apply at foreign airports.

(1) Foreign approach lighting systems equivalent to U.S. standards are authorized for precision, precision

- like (other than ILS, MLS, or GLS), and nonprecision instrument approaches. Sequenced flashing lights are not required when determining the equivalence of a foreign approach lighting system to U.S. standards.

(2) For straight

- in landing minimums at foreign airports where an MDA(H) or DA(H) is not specified, the lowest authorized MDA(H) or DA(H) shall be obtained as follows:

(a) When an obstruction clearance limit (OCL) is specified, the authorized MDA(H) or DA (H) is the sum of the OCL and the touchdown zone elevation (TDZE). If the TDZE for a particular runway is not available, threshold elevation shall be used. If threshold elevation is not available, airport elevation shall be used. For approaches other than ILS, MLS, or GLS, the MDA(H) may be rounded to the next higher 10

- foot increment.

(b) When an obstacle clearance altitude (OCA)/obstacle clearance height (OCH) is specified, the authorized MDA(H) or DA(H) is equal to the OCA/OCH. For approaches other than ILS, MLS, or GLS, the authorized MDA(H) may be expressed in intervals of 10 feet.

(c) The HAT or HAA used for precision approaches shall not be below those specified in subparagraph a of this operations specification.

(3) When only an OCL or an OCA/OCH is specified, visibility and/or RVR minimums appropriate to the authorized HAA/HAT values determined in accordance with subparagraph b(2) above will be established in accordance with criteria prescribed by U.S. TERPS or Joint Aviation Authorities, Joint Aviation Requirements, operational agreements, Part 1 (JAR

- OPS

- 1).

(4) When conducting an instrument approach procedure outside the United States, the certificate holder shall not operate an aircraft below the prescribed MDA(H) or continue an approach below the DA(H), unless the aircraft is in a position from which a normal approach to the runway of intended landing can be made and at least one of the following visual references is clearly visible to the pilot:

(a) Runway, runway markings, or runway lights.

(b) Approach light system (in accordance with 14 CFR section 91.175(c)(3)(i)).

(c) Threshold, threshold markings, or threshold lights.

(d) Touchdown zone, touchdown zone markings, or touchdown zone lights.

Aircraft Make/Model/Series

DO

- 328

- 300 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 C075

- 3

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D(e) Visual glidepath indicator (such as VASI or PAPI).

(f) Runway

- end identifier lights.

1. The Certificate Holder applies for the Operations in this paragraph. 2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/06/2010 Amendment Number: 26 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/06/2010 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 C075

- 4

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Da. Except as provided in this paragraph, 14 CFR Part 93 or SFAR 50

- 2, the certificate holder shall

operate all flights conducted under the provisions of 14 CFR Part 135 turbojet operations, within the areas listed in paragraph B050 of these operations specifications in accordance with instrument flight rules (IFR). The certificate holder is authorized to conduct terminal area operations according to the following provisions and limitations.

b. Terminal arrival IFR

- Visual approach or a Charted Visual Flight Procedure (CVFP)

. The flightcrew may accept a visual approach or a CVFP provided all the following conditions exist. The flightcrew may not accept a visual approach or a CVFP unless the limitations and provisions of subparagraph f. of this operations specification are met.

(1) The flight is operated and remains in Class B, C, or D airspace, within 35 miles of the destination airport in Class E airspace, or the airspace beneath the designated transition area.

(2) The flight is under the control of an Air Traffic Control (ATC) facility.

(3) The flightcrew must maintain the basic cloud clearance as specified in Section 91.155.

(4) For a visual approach without a CVFP

- The flightcrew must be able to establish and maintain visual contact with the airport or maintain visual contact with the traffic to be followed as directed by ATC. In addition, the following provisions and weather conditions at the airport during the approach must be met:

(a) Reported visibility must be as specified in Section 91.155, but not lower than a visibility of three miles and reported ceiling must be 1,000 feet or greater, or

(b) When in the terminal area with the reported visibility not lower than three miles and ceiling not reported, the flightcrew may continue to a landing if the runway of intended landing is in sight and the flightcrew can maintain visual contact with the runway throughout the approach and landing, and

(c) Ceiling and cloud clearance must be as such to allow the flightcrew to maintain the minimum altitudes prescribed in Section 91.129, 91.130, or 91.131, as applicable for the airspace class in which the flight is operated.

(5) For a CVFP

- The flightcrew must be able to establish and maintain visual contact with the airport or the charted visual landmark(s) for the CVFP throughout the approach and landing. In addition, the weather conditions at the airport at the time of the approach must be reported to be at or above the weather minima established for the CVFP, but never lower than the VFR landing weather minima stated in Section 135.205 in uncontrolled airspace.

c. Terminal arrival VFR . If canceling an IFR flight plan, the flightcrew may operate under VFR in the terminal area under the following provisions. In addition, the flightcrew may not conduct VFR operations in the terminal area unless the limitations and provisions of subparagraph f. of this operations specification are met. C077

. Terminal Visual Flight Rules, Limitations, and Provisions HQ Control: 12/11/2012 HQ Revision: 02c U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC C077

- 1 Amdt. No: 8 Certificate No.: DTHA330D(1) All of the following provisions and weather conditions at the airport at the time of approach

must be met:

(a) Reported visibility must be as specified in Section 91.155, but not lower than the visibility criteria specified in Section 135.205.

(b) Reported ceiling must be 1,000 feet or greater.

(c) The flightcrew must maintain the basic cloud clearance as specified in Section 91.155.

(d) Ceiling and cloud clearance must be as such to allow the flightcrew to maintain the minimum altitudes prescribed in Section 91.129, 91.130, or 91.131, as applicable for the airspace class in which the flight is operated.

(2) In addition the conditions in one of the following subparagraphs must be met:

(a) Controlled airports . The flight is operated within Class B, C, or D airspace, or within 10 miles of the destination airport in Class E airspace; and remains within controlled airspace. The flightcrew requests and uses radar

- monitored traffic advisories provided by ATC when such advisories are available, and is in direct communication with the appropriate ATC facility.

(b) Uncontrolled airports . The flightcrew is in direct communication with an air/ground communication facility or agent of the certificate holder that provides airport traffic advisories and information that is pertinent to conditions on and around the landing surface during the terminal phase of flight; and the flight is operated within 10 nautical miles (nm) of the destination airport, or visual reference with the landing surface is established and can be maintained throughout the approach and landing.

(3) If there is a question that the weather conditions at the time of arrival may not allow the flightcrew sufficient seeing conditions, the flightcrew must have in its possession and use an authorized visual procedure which assures obstacle clearance or avoidance. The minimum altitudes under Section 91.119, or those prescribed in the charted visual procedure, whichever are higher, apply.

d. Terminal departures VFR . At airports which do not have operating ATC facilities and it is not otherwise possible for the flightcrew to obtain an IFR clearance to depart on an IFR flight plan, the flight may takeoff and depart under VFR provided all the following conditions exist. In addition, the flightcrew may not conduct VFR operations in the terminal area unless the limitations and provisions of subparagraph f. of this operations specification are met.

(1) The following provisions and weather conditions at the airport at the time of takeoff must be
met:

(a) Reported weather visibility must be as specified in Section 91.155, but not lower than the visibility criteria specified in Section 135.205.

(b) Reported ceiling must be 1,000 feet or greater.

(c) The flightcrew must maintain the basic cloud clearance as specified in Section 91.155, U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC C077

- 2 Amdt. No: 8 Certificate No.: DTHA330Dand have visual reference with the ground or visual contact with a landmark when referenced in a

published procedure to be followed for the airport.

(d) The ceiling and cloud clearance must be as such to allow the flightcrew to maintain the minimum altitudes prescribed in Section 91.129, 91.130, or 91.131, as applicable for the airspace class in which the flight is operated.

(2) The flight remains in VMC at all times while operating under VFR.

(3) Unless operating under certain en route provisions of Part 93 or SFAR 50

- 2, the flightcrew must obtain an IFR clearance as soon as practical after takeoff, but under no circumstances farther than 50 nautical miles from the departure airport.

(4) If there is a question that the weather conditions at the time of takeoff may not allow the flightcrew sufficient seeing conditions, the flightcrew must have in its possession and use an authorized visual procedure which assures obstacle clearance or avoidance. The minimum altitudes under Section 91.119, or those prescribed in the authorized visual procedure, whichever are higher, apply.

e. Terminal departures IFR . The flightcrew must comply with the departure procedures established for a particular airport by the FAA if ATC does not specify any particular departure procedure in the takeoff clearance given for that airport. The flightcrew may accept an IFR clearance containing a takeoff and climb in VFR conditions out to a specified point in the clearance, if the limitations and provisions of this subparagraph and subparagraph f. of this operations specification are met.

(1) Reported weather visibility must be as specified in Section 91.155, but not lower than the visibility criteria specified in Section 135.203.

(2) Reported ceiling must be 1,000 feet or greater.

(3) The flightcrew must maintain the basic cloud clearance as specified in Section 91.155. (4) The ceiling and cloud clearance must be as such to allow the flightcrew to maintain the minimum altitudes prescribed in Section 91.129, 91.130, or 91.131, as applicable for the airspace class in which the flight is operated.

f. Special Limitations and Provisions for Visual Flight Rules

. All VFR operations authorized by this operations specification shall be conducted in accordance with the following limitations and provisions.

(1) The certificate holder must identify obstacles and use airport obstacle data which ensures that the performance requirements of Part 135 are met.

(2) The weather conditions must allow the flightcrew sufficient visibility to identify and avoid obstacles and safely maneuver using external visual references and to maintain minimum altitudes. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC C077

- 3 Amdt. No: 8 Certificate No.: DTHA330D1. The Certificate Holder applies for the Operations in this paragraph.

2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC C077

- 4 Amdt. No: 8 Certificate No.: DTHA330Da. Standard Takeoff Minima are authorized in paragraph C057. The certificate holder is authorized

to use lower than standard takeoff minima in accordance with the limitations and provisions of this operations specification as follows.

b. Runway Visual Range (RVR) Requirements. RVR reports, when available for a particular runway, shall be used for all takeoff operations on that runway. All takeoff operations, based on RVR, must use RVR reports from the locations along the runway as follows:

(1) F or operations at or above RVR 1600 (500m):

(a) The TDZ RVR report, if available, is controlling.

(b) The mid RVR report may be substituted for an unavailable TDZ report.

(2) For operations below RVR 1600 (500m):

(a) A minimum of two operative RVR reporting systems are required.

(b) All available RVR reports are controlling.

NOTE: Extremely long runways (e.g., DEN 16R) utilize four RVR sensors: TDZ, mid, rollout, and far

- end. When a fourth far

- end RVR value is reported, it is not controlling and is not to be used as one of the two required operative RVR systems.

c. Lower Than Standard Takeoff Minima. When takeoff minima are equal to or less than the applicable standard takeoff minima, and the operation is conducted in compliance with the provisions and limitations of this operations specification, the certificate holder is authorized to use the lower than standard minima described herein.

d. Touchdown zone (TDZ) RVR 1600 (beginning of takeoff roll) or visibility or Runway Visibility Value (RVV) 1⁄4 statute mile, provided one of the following visual aids listed in d.(1)

– ( 4) is available:

(1) High intensity runway lights (HIRL).

(2) Operative runway centerline (CL) lights.

(3) Serviceable runway centerline marking (RCLM).

(4) In circumstances when none of the above visual aids are available, visibility or RVV 1⁄4 statute mile may still be used, provided other runway markings or runway lighting provide pilots with adequate visual reference to continuously identify the takeoff surface and maintain directional control throughout the takeoff roll.

e. The certificate holder is authorized to conduct operations using the lowest RVR authorized in Table 1 below based on the applicable criteria in this operations specification. C079

. IFR Lower than Standard Takeoff Minima, 14 CFR Part 135 Airplane Operations

- All Airports HQ Control: 05/21/2012 HQ Revision: 06a U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC C079

- 1 Amdt. No: 17 Certificate No.: DTHA330DTable 1

– Lowest Authorized Takeoff RVR

NOTE: For operations below RVR 1600 (500m), a minimum of two operative RVR reporting systems are required. All available RVR reports are controlling, except a far

- end RVR report, which is advisory only.

f. The certificate holder authorizations listed in Table 1 above are dependent upon the following criteria:

(1) TDZ RVR 1200 (350m) (beginning of takeoff roll), mid

- RVR 1200 (350m) (if installed), and rollout RVR 1000 (300m), if authorized, may be used provided RVR equipment and one of the following visual aids combinations are available:

(a) Daylight Hours. HIRL or operative runway CL lights or serviceable RCLM.

(b) Night Time Hours. HIRL or operative runway CL lights.

(2) TDZ RVR 1000 (300m) (beginning of takeoff roll), mid

- RVR 1000 (300m) (if installed), and rollout RVR 1000 (300m), if authorized, may be used provided RVR equipment and one of the following visual aids combinations are available:

(a) Operative runway CL lights, OR

(b) HIRL and serviceable RCLM.

(3) TDZ RVR 600 (175m) (beginning of takeoff roll), mid

- RVR 600 (175m) (if installed), and rollout RVR 600 (175m), or TDZ RVR 500 (150m) (beginning of takeoff roll), mid

- RVR 500 (150m) (if installed), and rollout RVR 500 (150m), if authorized, may be used provided RVR equipment and ALL of the following visual aids are available:

(a) HIRL.

(b) Operative runway CL lights.

g. Other Requirements. The certificate holder shall conduct all operations using the lower than standard takeoff minima described in this operations specification in compliance with the following limitations:

(1) Each aircraft must be operated with a flightcrew consisting of at least two pilots. Use of an autopilot (AP) in lieu of a required second in command (SIC) is not authorized.

(2) Each pilot station must have operational equipment which displays a reliable indication of the following:

(a) Aircraft pitch and bank information, from a gyroscopic source. Lowest Authorized RVR Minimum Runway Requirements Other Limitations and Provisions

RVR 600

- TDZ / 600

- Mid / 600

- RO (175m) HIRL and CL Lights N/A U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC C079

- 2 Amdt. No: 17 Certificate No.: DTHA330D(b) Aircraft heading, from a gyroscopic source.

(c) V ertical speed.

(d) Airspeed.

(e) A ltitude.

(3) Each pilot station must have an independent source of power for the equipment required by subparagraphs g(2)(a) and g(2)(b) above.

(4) Each pilot in command (PIC) must have at least 100 hours flight time as PIC in the specific make and model airplane used under this authorization and must have satisfactorily completed the certificate holder ’ s approved training program for the minima authorized by this operations specification, which includes the methods to be used to ensure compliance with the performance limitations in subparagraph g(6), when applicable.

(5) A ny SIC authorized by the certificate holder to manipulate the flight controls during takeoff (using the minima authorized by this operations specification) must have at least 100 hours flight time as a pilot in the specific make and model airplane and must have satisfactorily completed the certificate holder ’ s approved training program for those minima.

(6) For all takeoffs, each airplane must be operated at a takeoff weight which permits the airplane to achieve the performance equivalent to the takeoff performance specified in 14 CFR § 135.367 for reciprocating powered airplanes, § 135.379 for turbine powered airplanes, § 135.389 for large non

- transport category aircraft, § 135.397 for small transport category aircraft, or § 135.398 for commuter category airplanes.

h. Approved Head Up Display (HUD) Takeoff Guidance Systems Minima. The certificate holder is authorized to use the takeoff minima listed in Table 2 based upon the use of HUD system installed in airplanes as listed in Table 2 below (RVR 300 (75m) is the lowest RVR minima that can be authorized using a HUD) provided ALL of the following requirements are met :

(1 ) The certificate holder shall conduct no takeoffs using these takeoff minima apart from using the HUD sy stem

. (2) Special provisions and limitations for the authorization to use the HUD for takeoff:

(a) Operative HIRL.

(b) O perative runway CL lights.

(c) Front course guidance must be displayed from a localizer that provides CAT III rollout guidance as indicated by a III/E/4 facility classification.

( d) The crosswind component on the takeoff runway is less than the airplane flight manual ’ s crosswind limitation, or 15 knots, whichever is more restrictive.

( e) Operations using the minima in Table 2 below shall be conducted to runways that U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC C079

- 3 Amdt. No: 17 Certificate No.: DTHA330Dare accessible by taxi routings which have operative taxiway CL lights that meets U.S. or ICAO

criteria for CAT III operations; or other taxiway guidance systems approved for these operations. This taxiway guidance requirement is not applicable when operating in conditions that are at or above the certificate holder ’ s approved takeoff minima as depicted in Table 1 above.

Table 2

– Approved Head Up Display Systems, Airplanes, and RVR

i. Training Program Requirement. The PIC and the SIC must have completed the certificate holder ’ s approved training program for the operations authorized in this operations specification.

1. The Certificate Holder applies for the Operations in this paragraph. 2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. Airplane M/M/S HUD System Lowest RVR Authorized Additional Limitations and Provisions

N/A U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC C079

- 4 Amdt. No: 17 Certificate No.: DTHA330DTable of Contents

Part D

HQ CONTROL DATE EFFECTIVE

DATE AMENDMENT

NUMBER

072 Aircraft Maintenance

- Continuous Airworthiness Maintenance Program (CAMP) Authorization. 09/27/2005 12/09/2010 6

076 Short

- Term Escalation Authorization 07/19/2013 12/05/2013 1

084 Special Flight Permit with Continuous Authorization to Conduct Ferry Flights 02/03/2011 03/18/2013 5

085 Aircraft Listing 02/06/1998 02/01/2012 54
089 Maintenance Time Limitations Section 08/15/1997 12/09/2010 4

092 Maintenance Program Authorization for Airplanes Used for Operations in Designated Reduced Vertical Separation Minimum (RVSM) Airspace 08/15/1997 02/01/2012 29

095 Minimum Equipment List Authorization 01/25/2010 12/09/2010 38
485 Aging Airplane Inspection and Records Review 07/09/2008 02/01/2012 37 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC Part D

- 1 Print Date: 12/9/2013 Certificate No.: DTHA330Da. The certificate holder is authorized to conduct operations under 14 CFR Part 135 of the Federal

Aviation Regulations using the aircraft identified in the certificate holder ’ s aircraft listing provided the following conditions are met.

b. Each aircraft listed in the table below is authorized for use and shall be maintained in accordance with the continuous airworthiness maintenance program and limitations specified in these operations specifications.

c. The continuous airworthiness maintenance program must be sufficiently comprehensive in scope and detail to fulfill its responsibility to maintain the aircraft in an airworthy condition in accordance with applicable Federal Aviation Regulations and standards prescribed and approved by the Administrator. The program shall be included in the certificate holder's manual.

d. Each aircraft and its component parts, accessories, and appliances are maintained in an airworthy condition in accordance with the time limits for the accomplishment of the overhaul, replacement, periodic inspection, and routine checks of the aircraft and its component parts, accessories, and appliances. Time limits or standards for determining time limits shall be contained in these operations specifications or in a document approved by the Administrator and referenced in these operations specifications.

e. Items identified as "on condition" shall be maintained in a continuous airworthy condition by periodic inspections, checks, service, repair, and/or preventive maintenance. The procedures and standards for inspections, checks, service, repair, and/or preventive maintenance, checks or tests, shall be described in the certificate holder's manual.

f. Parts or subassemblies of components that do not have specific time intervals shall be checked, inspected, and/or overhauled at the same time limitations specified for the component or accessory to which such parts or subassemblies are related or included at the time period indicated for the ATA chapter heading. D072

. Aircraft Maintenance

- Continuous Airworthiness Maintenance Program (CAMP) Authorization. HQ Control: 09/27/2005 HQ Revision: 01b

Aircraft M/M/S CAMP Document

Name and Number

DO

- 328

- 300 Ultimate Jetcharters, LLC, Inspection Procedures Manual. Fairchild Dornier Low Utilization Maintenance Planning Document (LUMPD) U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/2/2010 D072

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330D1. Issued by the Federal Aviation Administration

.

2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/02/2010 Amendment Number: 6 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/02/2010 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/2/2010 D072

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Da

. Subject to the following conditions, limitations, and prohibitions, the certificate holder is authorized

to escalate scheduled maintenance intervals, on a short

- term basis, for check packages, check package individual line items, or component time

- change/task intervals.

b. The conditions, procedures and standards for the technical evaluation and implementation of short

- term escalation of scheduled maintenance intervals must be defined in the certificate holder's manual and must reflect the following policy:

(1) The basis for a short

- term escalation is the emergence of some unforeseen situation; however, the use of short

- term escalations must be supported solely on a technical analysis. It cannot be used to compensate for marketing requirements, flight scheduling requirements, poor maintenance practices, or poor maintenance program management.

(2) Short

- term scheduled maintenance interval escalations must not be used on a large scale (escalating numerous aircraft at once) or on a repetitive basis to the extent that it results in a fleet interval extension.

c. Short

- Term Escalation Intervals . Scheduled maintenance tasks are authorized a maximum of 10 percent, not to exceed 500 hours time in service. Any scheduled maintenance task short

- term escalation that is more restrictive then the maximum times authorized must be listed in Table 1 below.

Table 1

- Short

- Term Escalation Limitations and Provisions D076

. Short

- Term Escalation Authorization HQ Control: 07/19/2013 HQ Revision: 030

Aircraft M/M/S Limitations and Provisions That Are More Restrictive Than the Maximum Authorization

DO

- 328

- 300 ULTIMATE JETCHARTERS LLC Inspection Procedures Manual

Phase 1 2 Days Phase 2 2 Weeks Phase 3 1 Month Phase 4 2 Month Phase 5 4 Month Phase 6 6 Month

Out of Phase Calendar Tasks

< 6 Months 2 Weeks 12 Months 1 Month 2 Years/24 Months 2 Months 36 Months 3 Months 72 Months 6 Months >72 Months 6 Months

Out of Phase Hourly Tasks

<400 Hours 20 Hours >400/<2000 Hours 100 Hours >2000/<4000 Hours 200 Hours >4000 Hours 400 Hours U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC D076

- 1 Amdt. No: 1 Certificate No.: DTHA330Dd. Special Considerations for Operations Under a U.S. Military Contract . This authorization does

not permit use of a short

- term escalation when the sole justification is a military contract requirement. In those cases, deviations to operations specifications extending scheduled maintenance intervals must be specifically authorized by the FAA under the provisions and procedures of 14 CFR Part 119, § 119.55. However, during operations under a U.S. Military contract, if unanticipated or unforeseen situations arise, the certificate holder may use this authorization as prescribed in their manual.

e. Prohibitions . The following listed scheduled maintenance intervals must not be escalated under this authorization:

(1) Intervals specified by FAA Airworthiness Directives;

(2) Life limits specified by Type Certificate Data Sheets;

(3) Certification Maintenance Requirements (CMR), (unless specifically allowed and designated by the CMR document);

(4) Interval limitations specified by minimum equipment lists or configuration deviation lists;

(5) Structural sampling periods imposed by Maintenance Review Boards; and

(6) Fuel System Airworthiness Limitations and Critical Design Configuration Control Limitations. Aircraft M/M/S Limitations and Provisions That Are More Restrictive Than the Maximum Authorization U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC D076

- 2 Amdt. No: 1 Certificate No.: DTHA330D1. Issued by the Federal Aviation Administration.

2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC D076

- 3 Amdt. No: 1 Certificate No.: DTHA330Da. The certificate holder is authorized to conduct ferry flights using a special flight permit with

continuous authorization in accordance with the limitations and provisions of this operations specification.

b. This special flight permit with continuous authorization is the certificate holder ’ s authorization to fly an aircraft that may not meet applicable airworthiness requirements but is capable of safe flight to a base where necessary maintenance or alterations are to be performed.

c. This authorization applies only to those aircraft listed on operations specification paragraph D085.

d. This authorization permits an aircraft to be moved to a repair facility to perform work required by an airworthiness directive unless the airworthiness directive states otherwise or it is determined that the aircraft cannot be moved safely.

e. A copy of this operations specification, or appropriate sections of the certificate holder's manual which restate this permit, shall be carried on board the aircraft when operating under a special flight permit.

f. Before operating an aircraft that does not meet applicable airworthiness requirements, the certificate holder shall determine that the aircraft can safely be flown to a station where maintenance or alterations are to be performed.

(1) The certificate holder shall have the aircraft inspected or evaluated according to procedures in its manual and have a certificated mechanic or repairman certify in the aircraft record that the aircraft is in a safe condition for the flight as specified in the operator's manual.

(2) The certificated mechanic or repairman may certify only for the work for which he or she is employed.

g. This operations specification is not required for conducting a ferry flight with one engine inoperative in accordance with Section 91.611 as long as all the applicable requirements of that section are met.

h. Only flight crewmembers and persons essential to operations of the aircraft shall be carried aboard during ferry flights where the aircraft flight characteristics may have been appreciably changed or its operation in flight substantially affected.

i. Flights shall be conducted according to the approved program for continuing flight authorization listed in Table 1 below.

j. Aircraft involved in an accident or incident may not be ferried before it is released by the NTSB and the local FAA District Office is notified.

k. The certificate holder shall impose any further conditions or limitations necessary for safe flight. D084

. Special Flight Permit with Continuous Authorization to Conduct Ferry Flights HQ Control: 02/03/2011 HQ Revision: 050

Table 1

- Aircraft Maintenance Documents Company General Operations Manual, Chapter 9 and Company General Maintenance Manual Chapter 4. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC D084

- 1 Amdt. No: 5 Certificate No.: DTHA330Dl. Aircraft operated under this authorization may not meet the airworthiness requirements of

foreign countries

1. Issued by the Federal Aviation Administration. 2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC D084

- 2 Amdt. No: 5 Certificate No.: DTHA330Da. The certificate holder is authorized to conduct operations under 14 CFR Part 135 using the

aircraft identified on this operations specification.

1. Issued by the Federal Aviation Administration

. 2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 02/01/2012 Amendment Number: 54 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 02/01/2012 D085

. Aircraft Listing HQ Control: 02/06/1998 HQ Revision: 02a

Registration No. Serial No. Aircraft M/M/S

N328WW 3116 DO

- 328

- 300
N359SK 3202 DO

- 328

- 300

N406FJ 3156 DO

- 328

- 300

N407FJ 3157 DO

- 328

- 300

N411FJ 3166 DO

- 328

- 300

N419FJ 3173 DO

- 328

- 300

N425FJ 3189 DO

- 328

- 300

N429FJ 3194 DO

- 328

- 300 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 2/1/2012 D085

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Da. The certificate holder is authorized to use the Maintenance Time Limitations specified in the

manual/document for the aircraft listed in the table below:

b. Each change to an item must be FAA

- approved.

1. Issued by the Federal Aviation Administration

. 2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/02/2010 Amendment Number: 4 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/02/2010 D089

. Maintenance Time Limitations Section HQ Control: 08/15/1997 HQ Revision: 010

Aircraft M/M/S Manual/Document Name and Number Manual/Document Date

DO

- 328

- 300 Ultimate Jetcharters, LLC, Continuous Inspection Procedures Manual (Lump) As revised U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/2/2010 D089

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330DThe certificate holder is authorized to use the airplanes listed below for operations in designated

RVSM airspace when the required altitude

- keeping equipment is approved in accordance with operations specifications paragraph B046 is operational and available and is maintained in accordance with an approved maintenance program.

1. Issued by the Federal Aviation Administration

. 2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 02/01/2012 Amendment Number: 29 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 02/01/2012 D092

. Maintenance Program Authorization for Airplanes Used for Operations in Designated Reduced Vertical Separation Minimum (RVSM) Airspace HQ Control: 08/15/1997
HQ Revision: 000

Registration Number Airplane M/M/S

N429FJ DO

- 328

- 300

N425FJ DO

- 328

- 300

N406FJ DO

- 328

- 300
N359SK DO

- 328

- 300

N407FJ DO

- 328

- 300

N328WW DO

- 328

- 300

N411FJ DO

- 328

- 300

N419FJ DO

- 328

- 300 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 2/1/2012 D092

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Da. The certificate holder is authorized to use an approved Minimum Equipment List (MEL) provided

the conditions and limitations of this paragraph are met. The certificate holder shall not use an MEL for any aircraft that is not specifically authorized by this paragraph.

b. Authorized Aircraft . The certificate holder is authorized to use an approved MEL for the aircraft listed below provided the conditions and limitations of this paragraph are met:

Table 1

- Authorized Aircraft

c. Maximum Times Between Deferral and Repair

. Except as provided in subparagraph e, the certificate holder shall have items repaired within the time intervals specified for the categories of items listed below:

(1) Category A. Items in this category shall be repaired within the time interval specified in the remarks column of the certificate holder's approved MEL.

(2) Category B. Items in this category shall be repaired within 3 consecutive calendar days (72 hours) excluding the calendar day the malfunction was recorded in the aircraft maintenance log and/or record.

(3) Category C. Items in this category shall be repaired within 10 consecutive calendar days (240 hours) excluding the calendar day the malfunction was recorded in the aircraft maintenance log and/or record.

(4) Category D. Items in this category shall be repaired within one hundred and twenty (120) consecutive calendar days (2,880 hours), excluding the day the malfunction was recorded in the aircraft maintenance log and/or record.

d. MEL Management Program . The certificate holder shall develop and maintain a comprehensive program for managing the repair of items listed in the approved MEL. The certificate holder shall include in a document or its manual a description of the MEL management program. The MEL management program must include at least the following provisions:

(1) A method which provides for tracking the date and when appropriate, the time an item was deferred and subsequently repaired. The method must include a supervisory review of the number of deferred items per aircraft and a supervisory review of each deferred item to determine the reason for any delay in repair, length of delay, and the estimated date the item will be repaired.

(2) A plan for bringing together parts, maintenance personnel, and aircraft at a specific time and place for repair.

(3) A review of items deferred because of the unavailability of parts to ensure that a valid back D095

. Minimum Equipment List Authorization HQ Control: 01/25/2010 HQ Revision: 02a

Aircraft M/M/S Limitations and Conditions

DO

- 328

- 300 None U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 D095

- 1

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Dorder exists with a firm delivery date.

(4) A description of specific duties and responsibilities by the job title of personnel who manage the MEL management program.

(5) Procedures for controlling extensions to specified maximum repair intervals as permitted by subparagraph e, to include the limit of the extension, and the procedures to be used for authorizing extensions.

e. The certificate holder is authorized to use a continuing authorization to approve extensions to the maximum repair interval for category B and C items as specified in the approved MEL provided the responsible Flight Standards District Office is notified within 24 hours of any extension approval.

The certificate holder is not authorized to approve any extensions to the maximum repair interval for category A items or category D items as specified in the approved MEL. The Flight Standards District Office may deny the use of the continuing authorization if abuse is evident.

1. The Certificate Holder applies for the Operations in this paragraph. 2. Support information reference: 3. T hese Operations Specifications are approved by direction of the Administrator.

4. Date Approval is effective: 12/06/2010 Amendment Number: 38 5. I hereby accept and receive the Operations Specifications in this paragraph.

Date: 12/06/2010 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Print Date: 12/6/2010 D095

- 2

Ultimate JETCHARTERS, LLC Certificate No.: DTHA330Da.The Aging Aircraft Safety Act of 1991 requires the Administrator to make inspections and review the maintenance and other records ofeach aircraft an air carrier uses to provide air transportation.The certificate holder who conducts operations under 14 CFR Part 121,Part 135, or Part 129 using the airplanes identified on this Operations Specification may not use those airplanes in air transportation unlessinspections are accomplished as required by the applicable regulations in 14 CFR Part 121, Part 135, or Part 129, as applicable.b.The airplanes that this inspection and records review is applicable to include:(1)All Part 121 airplanes (14 CFR Section 121.1105)(2)All Part 135 multi-engine airplanes used in scheduled service (14 CFR Section 135.422/423)(3)All Part 129 U.S.-registered multi-engine airplanes (14 CFR Section 129.105).c.The airplanes that may be excluded from this inspection and records review are:(1)Airplanes operated solely within the state ofAlaska(2)Airplanes that are operated under 14 CFR Part 135 as“On-Demand”(3)Airplanes in storage and not currently being operated under 14 CFR Part 121, 135, or 129 operations (However, the required recordsreview and inspection must be accomplished before such airplanes in storage may be placed into service after the applicable compliancedate in accordance with the sections of the CFR listed in subparagraph b above)(4)Airplanes that have not reached the age of the required records review and inspection.d.This paragraph serves as notification to the FAA of completion of the required records review and airplane inspection to comply with theAging Airplane Safety Act.Official Notification to the operator will be made by the CHDO and this date will be used to determine duedate of next required inspection.Table 1 of this document must be completed as described in subparagraph e below.e.Paragraph Completion Instructions.The following instructions are to be used to complete the required records and airplaneinspection in Table 1 of thisparagraph.Remember:ALL cells in the table MUST be filled out before activating theparagraph!(1)Load ALL airplanesin the certificate holder’s Aircraft Authorization information into Columns 1, 2, 3 and 4.D485.Aging Airplane Inspection and Records ReviewHQ Control:07/09/2008HQ Revision:00aU.S. Departmentof TransportationFederal AviationAdministrationOperations SpecificationsPrint Date:2/1/2012D485-1Ultimate JETCHARTERS, LLCCertificate No.:DTHA330D(2)For each airplane that requires this records review and inspection:a.Enter the date of airplane manufacture as indicated on the airframe data plate or the original airworthiness certificate,whichever is oldest, in Column 5.b.Enter“Not Completed”in Column 6, Column 7,and Column 8, as applicable, to indicate that the inspection and/or recordsreview has not yet been complete.c.When the appropriate inspection is complete, insert the month and year of the accomplishment in Column 6 and Column 7,as applicable.d.When both inspections are complete, enter the date (month/year) that the official notification was sent to the certificateholder in Column 8.(3)For airplanes that are operated solely within the state ofAlaska:a.Load the airplanes in Columns 1 through 4 per Item (1) above.b.Select and enter“AlaskaIntrastate-N/A”(for not applicable) in EACH of the following columns: Column 5, Column 6,Column 7, and Column 8.(4)For airplanes that are operated under 14 CFR Part 135 as“On-Demand”:a.Load the airplanes in Columns 1 through 4 per Item (1) above.b.Select and enter“On Demand (135)-N/A”(for not applicable) in EACH of the following columns:Column 5, Column 6,Column 7, and Column 8.(5)For airplanes in storage that will not have the required records review and inspection accomplished:a.Load the airplanes in Columns 1 through 4 per Item (1) above.b.Enter the date of airplane manufacture as indicated on the airframe data plate or the original airworthiness certificate,whichever is oldest, in Column 5.c.Select and enter“Storage-Not Completed”in EACH of the following columns:Column 6, Column 7, and Column 8.(6)For airplanes that have not reached the age where the required records review and inspection must beaccomplished:a.Load the airplanes in Columns 1 through 4 per Item (1) above.b.Enter the date of airplane manufacture as indicated on the airframe data plate or the original airworthiness certificate,U.S. Departmentof TransportationFederal AviationAdministrationOperations SpecificationsPrint Date:2/1/2012D485-2Ultimate JETCHARTERS, LLCCertificate No.:DTHA330Dwhichever is oldest, in Column 5.c.Select and enter“Below Threshold-N/A”(for not applicable) in EACH of the following columns: Column 6, Column 7, andColumn 8.f.Process the paragraph and activate it.This paragraph may be considered valid if completed, signed, and activated by the FAA.Itdoes not require the signature of the operator for the paragraph and its data to be considered valid.TABLE 1(*These will be loaded from the Certificate Holder’s Aircraft Authorization airplane information.)*RegistrationNo.(Col. 1)*Serial No.(Col. 2)*NoseNumber,If Applicable(Col. 3)*AirplaneM/M/S(Col. 4)Date of AirplaneManufacture(Col. 5)AirplaneInspectionCompleted(Col. 6 )Records ReviewCompleted(Col. 7)OperatorNotification(Col. 8)N328WW3116N/ADO-328-300On-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand(135)-N/AN359SK3202N/ADO-328-300On-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand(135)-N/AN406FJ3156N/ADO-328-300On-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand(135)-N/AN407FJ3157N/ADO-328-300On-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand(135)-N/AN411FJ3166N/ADO-328-300On-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand(135)-N/AN419FJ3173N/ADO-328-300On-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand(135)-N/AN425FJ3189N/ADO-328-300On-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand(135)-N/AN429FJ3194N/ADO-328-300On-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand (135)-N/AOn-Demand(135)-N/AU.S. Departmentof TransportationFederal AviationAdministrationOperations SpecificationsPrint Date:2/1/2012D485-3Ultimate JETCHARTERS, LLCCertificate No.:DTHA330D1.Issued by the Federal Aviation Administration.2. Support information reference:3. These Operations Specifications are approved by direction of the Administrator.4.Date Approval is effective:02/01/2012Amendment Number:375.I hereby accept and receive the Operations Specifications in this paragraph.Date:02/01/2012U.S. Departmentof TransportationFederal AviationAdministrationOperations SpecificationsPrint Date:2/1/2012D485-4Ultimate JETCHARTERS, LLCCertificate No.:DTHA330DTable of Contents

Part E

HQ CONTROL DATE EFFECTIVE

DATE AMENDMENT

NUMBER

096 Weight and Balance Control Procedures 07/28/2005 03/21/2013 19 U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC Part E

- 1 Certificate No.: DTHA330DThe following procedures have been established to maintain control of weight and balance of the

certificate holder's 14 CFR Part 121 or 135 aircraft under the terms of these specifications. All aircraft M/M/S identified have been weighed in accordance with the procedures for establishing empty weight and balance.

a. The certificate holder is authorized to use individual aircraft weights outlined in the certificate holder ’ s empty weight and balance program for the aircraft listed in Table 1.

Table 1

– Individual Aircraft Weights

b. The certificate holder is authorized under 14 CFR subpart(s) 121.153(b) or 135.185(b)(2) to use fleet aircraft weights outlined in the certificate holder ’ s weight and balance control program for the aircraft listed in Table 2.

Table 2

– Fleet Aircraft Weights

Document references by volume, chapter, etc. E096

. Weight and Balance Control Procedures HQ Control: 07/28/2005 HQ Revision: 020

Aircraft M/M/S Weighing Interval Weight and Balance Control Program

DO

- 328

- 300 36 Calendar

Months Company General Operations Manual, Chapter 13, Weight and

Balance

Aircraft M/M/S Weighing Sampling Interval Weight and Balance Control Program

DO

- 328

- 300 N/A N/A U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC E096

- 1 Amdt. No: 19 Certificate No.: DTHA330D1. The Certificate Holder applies for the Operations in this paragraph.

2. These Operations Specifications are approved by direction of the Administrator.

3. I hereby accept and receive the Operations Specifications in this paragraph. U.S. Department of Transportation Federal Aviation Administration Operations Specifications

Ultimate JETCHARTERS, LLC E096

- 2 Amdt. No: 19 Certificate No.: DTHA330DAGENCY DISPLAY OF ESTIMATED BURDEN

The public reporting burden for this collection 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-56, 400 7 th St., SW, Washington, D.C. 20590.

NOTE : For information on where to file completed copies of this form, see FILING INSTRUCTIONS below.

OST Form 6410 Office of the Secretary of Trans p ortation


### U.S. AIR CARRIERS CERTIFICATE OF INSURANCE

POLICIES OF INSURANCE FOR AIRCRAFT ACCIDENT BODILY INJURY AND PROPERTY DAMAGE LIABILITY

FILING INSTRUCTIONS : File a signed original of this form with the Federal Aviation Administration, Air Transportation Di v., AFS-260, 800 Independence Ave., S.W., Washington, D.C. 20591. (See EXCEPTION below.) EXCEPTION : For any Insured that is located in the State of Alaska (regardless as to whether Block 2A, 2B, or 2C is filled in), file a signed original of this form with the Federal Aviation Administ ration, Alaskan Region Hq., AAL-230, 222 W. 7 th Ave., #14, Anchorage, Alaska 99513. (Please type information, except signatures.)

THIS CERTIFIES THAT: See attached schedule of carriers c/o Global Aero space, Inc. 3399 Peachtree Road, NE Suite 1100 Atlanta, GA 30326 (Name of Insurer) has issued a policy or policies of Aircraft Liability Insurance to Ultimate JETCHARTERS, LLC dba Ultimate Air Shuttle
6061 West Airport Drive North Canton, OH 44720 FAA Certificate Number DTHA330D (Name, address and FAA Certificate number of Insured U.S. Air Carrier)
effective from July 14, 2013 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.

NOTE: Part 205 of the Department's Regulations does not allow for a predetermined termination date, and a certificate showing such a date is unacceptable.

1. The Insurer (Check One):
is licensed to issue aircraft insurance policies in the United States; is licensed or approved by the government of to issue aircraft insurance policies; or is an approved surplus line insurer in the State(s) of

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 “air transportation” as that term is defined in 49 U.S.C. 40102. (Complete applicable section(s) A, B, or C below):
A. U.S. AIR TAXI OPERATORS (EXC LUDING U.S. COMMUTER AIR CARRIERS) WITH PART 298 AUTHORITY ONLY The aircraft covered by this policy are SMALL AIRCRAFT (i.e., with 60 or fewer passenger seats or with a maximum payload capacity of 18,000 pounds or less). (Complete separate or combi ned coverage as appropriate):
Separate Coverages: Minimum Limit
Policy No. Type of Liability Each Person Each Occurrence

Bodily Injury Liability (Excluding Passengers) $ 75,000 $300,000
Passenger Bodily Injury $ 75,000 $75,000 x 75% of total number of passenger seats installed in aircraft Property Damage $100,000
Combined Coverage: The amount of coverage set forth below is a single limit of liability for each occurrence at least equal to the required minimums stated above for bodily in jury (excluding passengers), property damage, and passenger bodily injury.
Policy No. Amount of Coverage This policy covers CARGO operations only and excludes passenger liability insurance.B. U.S. COMMUTER AIR CARRIERS OR CERTIFICATED AIR CARRIERS OPERATING SMALL AIRCRAFT The aircraft covered by this policy are SMALL AIRCRAFT (i.e., with 60 or fewer passenger seats or with a maximum payload capacity of 18,000 pounds or less). (Complete separate or combined coverage as appropriate) :

Separate Coverages: Minimum Limit
Policy No. Type of Liability Each Person Each Occurrence Combined Bodily Injury (Excluding Passengers other than cargo attendants) and Property Damage Liability $300,000 $2,000,000 Passenger Bodily Injury $300,000 $300,000 x 75% of total number of passenger seats installed in aircraft Combined Coverage: The amount of coverage set forth below is a single limit of liability for each occurrence at least equal to the required minimums stated above for bodily in jury (excluding passengers), property damage, and passenger bodily injury.
Policy No. 15001125 Amount of Coverage 14CFR Part 205 This policy covers CARGO operations only and excludes passenger liability insurance.

C. U.S. CERTIFICATED 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 separate or combin ed coverage as appropriate):

Separate Coverages: Minimum Limit
Policy No. Type of Liability Each Person Each Occurrence Combined Bodily Injury (Excluding Passengers other than cargo attendants) and Property Damage Liability $300,000 $20,000,000 Passenger Bodily Injury $300,000 $300,000 x 75% of total number of passenger seats installed in aircraft Combined Coverage: The amount of coverage set forth below is a single limit of liability for each occurrence at least equal to the required minimums stated above for bodily in jury (excluding passengers), property damage, and passenger bodily injury.
Policy No. Amount of Coverage
This policy covers CARGO operations only and excludes passenger liability insurance.
3. The policy or policies listed in this certificate insure(s) (Check One): Make and Model FAA or Foreign Flag Registration No. Operations conducted with all aircraft operated by the insured Operations conducted with the following types of aircraft: Operations with the following aircraft: (Use additional page if necessary)
4. Each policy listed in this ce rtificate meets or exceeds the re quirements in 14 CFR Part 205.

See Attached Schedule of Insurers Wells Fargo Insu rance Services USA, Inc. (Name of Insurer) (Name of Broker, if applicable) One Sylvan Way 3475 Piedmont Rd., Suite 800 (Address) (Address) Parsippany, NJ 07054 Atlanta, GA 30305 (City, State, Zip Code) (City, State, Zip Code) Chris Proudlove, Global Aerosp ace (Lead Carrier) Kimberly Grier

Contact (person who can verify the effectiveness of the coverage) (Officer or authorized representative)
973-490-8525 404.262.9160 404.923.3690 / 877.362.9069 (Area Code, Phone Number) (Area Code, Fax Number) (Area Code, Phone Number) (Area Code, Fax Number)

( Si

g nature, if applicable ) ( Si

g nature )
12/18/2013 ( Date ) ( Date )Page3of4SCHEDULEOFINSURERSNAMEDINSURED:ULTIMATE	JETCHARTERS,	LLC	 	 POLICY/IESPERIOD:07/14/2013	through	07/14/2014ADDRESS:	 6061	WEST	AIRPORT	DRIVENORTH	CANTON,	OH		44720AVIATION	HULL	AND	LIABILITY	INSURANCE:QUOTASHAREPOLICYNUMBERPERCENTAGELiabilityLimitsUSDLEADINSURER:One	or	More	Member	Companies	of1500112515.0%	 $200,000,000Global	Aerospace,	Inc.One	Sylvan	WayParsippany,	NJ		07054OTHERCONCURRENTINSURERS:Chartis	Aerospace	Insurance	ServicesFQ001851196‐1215.0%	 $200,000,000100	Colony	Square,	Suite	10001175	Peachtree	Street,	N.E.Atlanta,	GA		30361Berkley	AviationBA‐13‐07‐000985.0%	 $200,000,0001101	Anacapa	StreetSuite	200Santa	Barbara,	CA		93101XL	Aerospace	Insurance	CompanyUA00002308AV13A10.0%	 $200,000,000One	World	Financial	Center200	Liberty	Street,	21stFloorNew	York,	NY		10281Starr	AviationSASICOM60001413‐0410.0%	 $200,000,0003353	Peachtree	Road,	Suite	1000Atlanta,	GA		30326Page4of4SCHEDULEOFINSURERSNAMEDINSURED:ULTIMATE	JETCHARTERS,	LLC	 	 POLICY/IESPERIOD:07/14/2013	through	07/14/2014ADDRESS:	 6061	WEST	AIRPORT	DRIVENORTH	CANTON,	OH		44720QUOTASHAREPOLICYNUMBERPERCENTAGELiabilityLimitsUSDAllianz	Aviation	Managers,	LLCA3GA000297113AM15.0%	 	 $200,000,0003399	Peachtree	Rd.,	NESuite	1620Atlanta,	GA		30326QBE	North	AmericaQAVC0001875.0%	 	 	 $200,000,000125	Town	Park	Drive,	Ste	300Kennesaw,	GA	30144Catlin	Insurance	Company,	Inc.NQC402589310.0%	 	 $200,000,000c/o	W.	Brown	&	Associates19000	MacArthur	Blvd.,	Suite	700Irvine,	CA		92612Swiss	Re	Corporate	SolutionsFGZ1000124‐0015.0%	 	 $200,000,00055	E	52nd	St.	42nd	FloorNew	York,	NY	10055

## J J



### -I Balance Sheet As of 10/31/2013

Assets

Current Assets

1001-00-00 Petty Cash 1005-00-00 Huntington Regular Account 1050-00-00 Fifth Third Regular Account 1055-00-00 Fifth Third Payroll Account 1200-00-00 Accounts Receivable 1205-00-00 Fuel Receivables 1220-00-00 Escrow Receivables 1295-00-00 Due from Owners 1300-00-00 Parts 1301-00-00 Prepaid Training 1305-00-00 Prepaid Insurance 1310-00-00 O/S Maintenance 1350-04-00 FBO Fuel:FBO-Corp 1400-00-00 Deposits 1401-00-00 Lease Deposit 407 1402-00-00 Lease Deposit 429 1410-00-00 Engine Reserves

Total Current Assets:
Fixed Assets

1600-00-01 Jets: 406FJ 1600-00-03 Jets: 411FJ 1600-00-10 Jets: 359SK 1601-00-00 Jets: Improvements 1601-00-01 Jets: Improvements: 406FJ 1601-00-03 Jets: Improvements:Corp-411 FJ 1601-00-10 Jets: Improvements:359SK 1602-00-00 Jets: Engines 1605-00-01 Accum Depree Jets:406FJ 1605-00-10 Accum Depree Jets:359SK 1610-00-00 Autos & Trucks 1615-00-00 Accum Depree A& T 1620-00-00 Equipment 1625-00-00 Accum Depree Equip 1630-00-00 Furniture & Fixtures 1635-00-00 Accum Depree F&F 1640-00-00 Tooling 1645-00-00 Accum Depree Tooling 1660-00-00 Financing Costs 1665-00-00 Accum Amort Financing Costs 1670-00-00 Accum Part 121 1680-00-00 Leasehold Improvements 1685-00-00 Accum Depree Leasehold Improvements 1700-00-00 Prepaid Expense

Total Fixed Assets:

Total Assets:

Run Date: 11/26/2013 10:02:56AM GIL Date: 11/26/2013 ULTIMATE JETCHARTERS LLC (UJC)

$ 1,600.00 $ 132.37 $ 145,129.14 $ 37.65 $ 401,953.85 $ 27,686.87 $ 150,280.92 $ 6,929,211.13 $ 979,420.64 $ 274,740.78 $ 401,151.89 $ 17,137.62 $ 58,266.24 $ 561,297.79 $ 38,804.56 $ 198,983.11 $ 16,290.58 $ 10,202,125.14

$ 4,126,572.00 $ 2,700,000.00 $ 3,324,848.00 $ 681,590.40 $ 433,090.25 $ 483,250.00 $ 964,255.38 $ 2,964,719.49 $ (818,846.00) $ (623,409.00) $ 89,333.02 $ (27,373.00) $ 275,292.83 $ (256,035.00) $ 39,230.15 $ (4,027.00) $ 23,207.71 $ (5,222.00) $ 151,423.54 $ (2,303.00) $ 627,942.11 $ 20,404.00 $ (1,360.00) $ 44,629.56 $ 15,211,213.44
$ 25,413,338.58

Page: 1 User Logon: carolBalance Sheet As of 10/31/2013

Liabilities

Current Liabilities

2010-00-00 Accounts Payable 2100-00-00 Term Note Payable

- Fifth Third Bank 2110-00-00 Line of Credit

- Fifth Third Bank 2115-00-00 2013 Dodge Caravan 2200-00-00 Federal Payroll Taxes 2210-00-00 Workers Comp 2215-00-00 Local Withholding 2220-00-00 FUTA 2225-00-00 SUTA 2250-00-00 Accrued Payroll 2270-00-00 Sales Tax Payable 2280-00-00 Accrued FET 2300-00-00 JSSI Engine Reserve 2310-00-00 Accrued Expense 2311-00-00 Accrued Insurance 2320-00-00 Prepaid Fuel 2330-00-00 Unearned Revenue 2400-00-00 Fifth Third Note 2410-00-00 Loan JG

Total Current Liabilities: Long-Term Liabilities

2500-00-00 Note 359SK 2501-00-00 Note406FJ 2502-00-00 Advance from Ultimate Real Estate 2503-00-00 Note 411FJ

Total Long-Term Liabilities:

Total Liabilities: Equity

3100-00-00 Common Stock 3110-00-00 Addt'l Paid in Cap 3300-00-00 Retained Earnings-Current Year 3300-00-00 Retained Earnings 3410-00-00 Owner Draws

Total Equity:

Total Liabilities & Equity:

Run Date: 11/26/2013 10:02:56AM GIL Date: 11/26/2013 ULTIMATE JETCHARTERS LLC (UJC)

$ 1,865,838.06 $ 749,999.95 $ 1,258,304.41 $ 15,816.59 $ 12,885.98 $ 28,632.91 $ 5,739.15 $ 103.63 $ 1,690.92 $ 215,951.69 $ 3,237.31 $ 60,756.31 $ 256,089.78 $ 176,025.45 $ 380,187.81 $ 24,716.27 $ 311,027.24 $ 200,000.00 $ 1,626,063.36 $ 7,193,066.82

$ 2,583,427.50 $ 3,697,121.82 $ 309,095.04 $ 2,512,182.54 $ 9,101,826.90
$ 16,294,893.72

$ 1.00 $ 2,400,000.00 $ 2,302,330.59 $ 4,659,406.27 $ (243,293.00)
$ 9,118,444.86 $ 25,413,338.58

Page: 2 User Logon: carolIncome Statement For The 10 Periods Ended 10/31/2013 ULTIMATE JETCHARTERS LLC (UJC)

Period to Date % of Revenue Year to Date % of Revenue

Revenue

Sales Flight $ 2,154,281.48 71.12 $ 21,143,365.11 67.71 Sales Contract Flight $ 0.00 0.00 $ 74,471.90 0.24
Sales Road Fuel $ 197,388.61 6.52 $ 2,602,601.31 8.34
Sales Home Fuel $ 268,261.86 8.86 $ 2,632,614.04 8.43 Sales Crewing $ 147,450.00 4.87 $ 1,348,108.74 4.32 Sales Fuel Surcharge $ 56,700.05 1.87 $ 892,905.60 2.86 Sales Catering $ 0.00 0.00 $ 3,459.00 0.D1 Sales Aircraft Supplies $ 5,105.16 0.17 $ 51,251.33 0.16
Sales Ldg/Park Fees $ 98,520.02 3.25 $ 927,745.57 2.97
Sales Crew Overnight $ 26,200.00 0.86 $ 191,695.00 0.61 Sales Rent Hangar/Office $ 3,440.00 0.11 $ 39,658.46 0.13 Sales Maintenance-Labor $ 21,253.75 0.70 $ 222,129.92 0.71
Sales Maintenance-Other $ 17,206.99 0.57 $ 806,086.43 2.58 Sales Flight Attendent $ 17,100.00 0.56 $ 182,400.00 0.58 Sales Miscellaneous $ 1,981.43 0.07 $ 8,936.50 0.03 Sales Ground Transportation $ 14,168.50 0.47 $ 96,896.39 0.31

Total Revenue: $ 3,029,057.85 100.00 $ 31,224,325.30 100.00

Gross Profit: $ 3,029,057.85 100.00 $ 31,224,325.30 100.00
Expenses

Cost of Goods Sold

Cogs Road Fuel $ 865,710.98 28.58 $ 7,787,215.95 24.94 Cogs Home Fuel $ 199,715.00 6.59 $ 2,310,265.08 7.40 Cogs Insurance $ 46,621.67 1.54 $ 446,237.25 1.43 Engine Reserve $ 48,217.26 1.59 $ 486,934.48 1.56
Avionics Program $ 2,690.88 0.09 $ 34,017.35 0.11 Generator Program $ 8,187.39 0.27 $ 68,627.41 0.22 Cogs Catering $ 0.00 0.00 $ 3,303.78 0.D1 Cogs AlC Supplies $ 17,860.52 0.59 $ 139,077.81 0.45 Cogs Ldg/Park Fees $ 115,171.31 3.80 $ 1,058,625.55 3.39 Cogs Hangar Rent $ 7,300.00 0.24 $ 71,536.00 0.23 Cogs Maintenance $ 84,480.84 2.79 $ 1 ,493, 1 05.26 4.78 Cogs Contract Flight $ 2,490.62 0.08 $ 67,378.21 0.22 Cogs AlC Lease Payments $ 50,292.05 1.66 $ 502,920.50 1.61 Cogs Hotel/Food $ 68,168.62 2.25 $ 626,119.85 2.01 Cogs O/S Maintenance $ 1,380.00 0.05 $ 26,536.00 0.08 Commissions $ 50,574.74 1.67 $ 367,334.62 1.18 Cogs Ground Transportation $ 12,281.11 0.41 $ 71,940.55 0.23 COGS Booking Fees $ 21,765.13 0.72 $ 154,724.58 0.50 Cogs Due Owners $ 411,722.91 13.59 $ 5,188,066.36 16.62

Total Cost of Goods Sold: $ 2,014,631.03 66.51 $ 20,903,966.59 66.95 Operating Expenses

Wages $ 383,883.18 12.67 $ 3,782,005.57 12.11 Wages Overtime $ 33,728.90 1.11 $ 275,787.04 0.88 Commissions $ 72,096.20 2.38 $ 635,005.47 2.03 Fica Tax Employer Expense $ 33,432.57 1.10 $ 347,701.95 1.11 Futa Expense $ 4,199.85 0.14 $ 6,994.24 0.02 Suta Expense $ 1,375.78 0.05 $ 54,382.67 0.17
Workers Comp Expense $ 6,299.42 0.21 $ 28,968.83 0.09
Health Insurance Expense $ 25,626.76 0.85 $ 247,090.32 0.79 AFLAC $ 2.61 0.00 $ (12.33) 0.00 Car Allowance Expense $ 557.77 0.02 $ 5,577.70 0.02

Run Date: 11/26/2013 10:02:59AM Page: 1 GIL Date: 11/26/2013 User Logon: carolIncome Statement For The 10 Periods Ended 10/31/2013

Operating Expenses

Apt Allowance Expense Drug Testing Training Expense
Per Diem Ovemight Expense
Per Diem Flight Expense Repairs & Upkeep License,Permit,Fees Office Supplies Computer Expenses Membership,Dues,Subscrip Telephone
Television & Internet Freight Advertising-Sales
Travel Expense Meals/Entertainment Postage
I nterest Expense Legal Expense
Bank Fees
Finance Charges
Federal Tax Penalties State Tax Penalties
Insurance Expense Shop Supplies
Unifonn Expense
Rent Expense Equip Rent
Electric
Gas Other Utilities Flowage Fees Small Tools Employee Benefits
Professional Fees
Real Estate Taxes Other Taxes

Total Operating Expenses:

Total Expenses:

Net Income From Operations:

Other Income and Expense

Discounts
Rebate Bonus
Interest Income

Total Other Income and
Earnings Before Income Tax:

Net Income (Loss):

Run Date: 11/26/2013 10:02:59AM GIL Date: 11/26/2013 Period to Date

(Continued) $ 1,195.00 $ 246.00 $ 22,297.15 $ 26,603.57 $ 45,025.71 $ 15,075.36 $ 524.58 $ 4,622.42 $ 15,072.31 $ 3,135.03 $ 3,903.38 $ 415.74 $ 14,557.46 $ 16,550.31 $ 8,242.84 $ 1,834.84 $ 22.97 $ 57,306.27 $ 0.00 $ 2,457.27 $ 4,232.44 $ 0.00 $ 0.00 $ 4,665.89 $ 1,478.77 $ 949.78 $ 13,371.96 $ 6,451.74 $ 1,661.92 $ 86.58 $ 368.28 $ 3,584.36 $ 0.00 $ 0.00 $ 3,452.92 $ 1,251.00 $ 3,393.00

$ 845,239.89
$ 2,859,870.92

$ 169,186.93

$ 104.69 $ 0.00 $ 230.08
$ 334.77
$ 169,521.70

$ 169,521.70 ULTIMATE JETCHARTERS LLC (UJC)

% of Revenue Year to Date % of Revenue

0.04 $ 11,950.00 0.04
0.01 $ 2,532.00 0.01
0.74 $ 216,728.85 0.69
0.88 $ 280,577.14 0.90
1.49 $ 384,638.57 1.23
0.50 $ 64,907.49 0.21
0.02 $ 12,694.73 0.04
0.15 $ 28,262.07 0.09
0.50 $ 84,905.95 0.27
0.10 $ 55,954.42 0.18
0.13 $ 34,548.75 0.11
0.01 $ 4,663.24 0.01
0.48 $ 53,916.40 0.17
0.55 $ 168,713.46 0.54
0.27 $ 55,491.26 0.18
0.06 $ 14,009.91 0.04
0.00 $ 985.95 0.00
1.89 $ 494,029.41 1.58
0.00 $ 116,207.94 0.37
0.08 $ 24,880.15 0.08
0.14 $ 45,214.38 0.14
0.00 $ 290.51 0.00
0.00 $ 125.00 0.00
0.15 $ 53,137.18 0.17
0.05 $ 10,583.39 0.03
0.03 $ 4,438.54 0.01
0.44 $ 124,585.77 0.40
0.21 $ 68,543.33 0.22
0.05 $ 17,150.19 0.05
0.00 $ 8,993.54 0.03
0.01 $ 2,418.12 0.01
0.12 $ 38,386.15 0.12
0.00 $ 3,357.15 0.01
0.00 $ 725.95 0.00
0.11 $ 116,521.54 0.37
0.04 $ 12,469.71 0.04
0.11 $ 42,401.12 0.14

27.90 $ 8,043,440.72 25.76

94.41 $ 28,947,407.31 92.71

5.59 $ 2,276,917.99 7.29

0.00 $ 896.43 0.00
0.00 $ 24,009.40 0.08
0.01 $ 50S.77 0.00

0.01 $ 25,412.60 0.08

5.60 $ 2,302,330.59 7.37

5.S0 $ 2,302,330.59 7.37

Page: 2 User Logon: carolULTIMATE JETCHARTERS LLC NOTES TO INTERIM FINANCIAL STATEMENTS 10 Months Beginning January 1, 2013 and Ending October 31, 2013



### 1 

### Note 1. Nature of Business and Significant Accounting Policies

Nature of Business

Ultimate JETCHARTERS LLC (the “Company”) is a Part 135 Air Taxi operator located at the Akron Canton Regional Airport in Ohio. In addition to aircraft charter services, the Company sells fuel and provides maintenance services fr om its fixed base operation at the Akron-Canton regional airport.

The Company is an Ohio limited liability company. The members' liability is limited to their investment.

The Company was formed as an Ohio “C” corp oration in 2003. Shortly after it was formed, it acquired the Air Taxi, fueling, and aircraft maintenance business assets of Gordon Air Management, Inc., an Ohio corporation. Th e Company conducted those operations from 2003 until 2007, when it sold its operating assets to Ultimate Jet Charter Acquisitions, Inc., a Delaware corporation. In September 2010, the Co mpany was acquired by Ultimate Jet LLC and continued its Air Taxi, fueling, and aircraft maintenance oper ations. Concurrent with the acquisition by Ultimate Jet LLC, the Company filed a Certificate of Conversion with the Ohio Secretary of State changing its en tity type from a corporation to a Limited Liability Company.

The Company owns aircraft and has entered into lease arrangements with the owners of various 30 seat Dornier 328 jets, providing ch arter flight services to a va riety of customers. There are two types of aircraft leases. U nder the first type is a “dry l ease” under which the Company makes a fixed monthly payment to the owner to use the aircraft and the Company is responsible for all costs of operations and maintenance. Under the te rms of the second type of aircraft lease, the owner of the aircraft receives 90% of the revenue and is respon sible for all of the aircraft’s ownership, maintenance, and operating expenses.

The complied financial statements of the Compan y reflect the application of certain policies described in this note.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimate s and assumptions that affect certain reported amounts and disclosures. Acco rdingly, actual results could differ from those estimates.

Concentration of Credit Risk

The Company maintains its cash in bank depos it accounts which, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts, and management believes it is not exposed to any significant credit risk on cash.ULTIMATE JETCHARTERS LLC NOTES TO INTERIM FINANCIAL STATEMENTS 10 Months Beginning January 1, 2013 and Ending October 31, 2013



### 2 

### Note 1. Nature of Business and Significant Accounting Policies (Continued)

The Company grants credit to customers, substa ntially all of which are located in the United States of America. The Company has a comprehe nsive credit management program that includes ongoing credit evaluation of its customers, genera lly does not require colla teral, and monitors potential credit losses. Credit lo sses have historically been w ithin management’s expectation.

Revenue Recognition

Revenue from passenger transportation is recogni zed when provided. Revenue from sales of fuel and maintenance are recognized on a time-and-mate rial basis. Deposits received on flights are recorded as unearned revenue and recognized at the time services are provided.

Deposits received from customers for flights that will take place in the future are recorded in account 2330-00-00 Unearned Revenue on the balance sheet. The amounts in accounts receivable include any amounts in the Compa ny’s USDOT public charter escrow account. These deposits are recognized as sales in come at the time services are provided. If se rvices are not provided to the customer by the Company, the depos it is generally returned to the customer. The Company may retain a percentage of the deposit as cancellation fee if th e customer cancels the trip or is otherwise responsible for the trip not taking place. The Company always adheres to USDOT requirements when making ref unds to public charter passengers.

At October 31, 2013, the Company’s Unearned Revenue account had $311,027 of customer deposits for trips scheduled to take place in the future.

Fair Value of Financial Instruments

The carrying amounts of financial instruments, including cash, accounts receivable, accounts payable, accrued liabilities, and short-term borro wings approximates fair value due to the short maturity of these instruments. The carrying am ount of long-term debt approximates fair value because the interest rates fluc tuate with market interest.

Cash & Cash Equivalents

For purpose of the statement of cash flows, th e Company considers all highly liquid debt instruments purchased with a maturity of thr ee months or less to be cash equivalents.

Accounts Receivable

Accounts receivable are carried at the original invoice amount less an estimate made for doubtful receivables based on a review of all outstanding amounts on a monthly basis. Management determines the allowance for doubtful accounts by identifying troubled accounts. At October 31, 2013, management had determined that no allowa nce for doubtful receivables was required. Receivables are written off when deemed uncoll ectible. Recoveries of receivables previously written off are recorded when received.ULTIMATE JETCHARTERS LLC NOTES TO INTERIM FINANCIAL STATEMENTS 10 Months Beginning January 1, 2013 and Ending October 31, 2013



### 3 

### Note 1. Nature of Business and Significant Accounting Policies (Continued)

Inventories

Inventories consist of aircraft replacement parts, fuel, and supp lies held for resale. Inventories are valued at the lower of cost or market. Cost is determined by the fi rst-in, first-out (FIFO) method.

Property and Equipment

Property and equipment are recorded at cost. Gains and losses on disposition of property and equipment are recognized as a component of cu rrent operations. Maintenance and repairs are expensed as incurred. Provisions for depreciation are computed pr incipally by using the straightline method. Useful lives of property and equipment are as follows:

Building 40 years Aircraft 12 years Equipment and tooling 7-10 years Furniture and fixtures 7 years Vehicles 5 years Leasehold Improvements 20 years

Depreciation expense for the 10 month period beginning January 1 2013 and ending October 31, 2013 was $957,680

The Company records all depreciation at year e nd. Therefore, the inter im financial statements dated October 31, 2013 do not reflect the accumula ted depreciation. Adjusting for depreciation, the year-to-date net profit before amorti zation and taxes at October 31, 2013 is $1,344,651

Impairment of Long-Lived Assets

The Company assesses potential impa irment to its long-lived assets when events or changes in circumstances have made recovery of the asse ts carrying value unlikel y and the carrying amount of the assets exceeds the estimated future undisc ounted cash flows. If the assessment indicates that the carrying amounts may not be recoverable, an impairment loss would reduce the assets carrying amount to its estimated fair value base d on the present value of the estimated future cash flows.

Advertising

The Company expenses advertising as incurr ed. For the 10 months ended October 31, 2013, advertising expenses were $168,713.ULTIMATE JETCHARTERS LLC NOTES TO INTERIM FINANCIAL STATEMENTS 10 Months Beginning January 1, 2013 and Ending October 31, 2013



### 4 

### Note 1. Nature of Business and Significant Accounting Policies (Continued)

Presentation of Sales Taxes

The State of Ohio imposes a sales tax on cer tain of the Company’s sales to nonexempt customers. The Company collects that sales tax from customers and remits the entire amount to the State. The Company’s accounting policy is to exclude the tax collected and remitted to the State from revenues and cost of sales.

Intangible Assets

Loan Closing costs of $38,913 are being amortized on the straight-line method over the life of the loans ranging from 3-5 years. Accumulated amortization at January 1, 2013 related to loan closing costs was $4,119.

Amortization expense for the period Ja nuary 1, 2013 to October 31, 2013 was $8,013.

The Company records all amortization at year e nd. Therefore, the inter im financial statements dated October 31, 2013 do not reflect the accumula ted depreciation. Adjusting for amortization and depreciation, the net pr ofit at March 31, 2013 is $1,336,638

The estimated amortization expense for the remai nder of 2013 and each of the next 4 years is as follows:

2013 $1,603 2014 $9,617 2015 $7,324 2016 $5,031 2017 $3,205

Income Taxes

The Company has elected to be treated as a Partnership for federal and state income tax purposes. The Company’s taxable income or losses, as well as, certain other tax attributes, are passed through directly to the Company’s me mbers and are reported in each member’s individual income tax return. Consequently, th ese consolidated financial statements do not include any provision for fede ral or state income tax expense or liability.

Note 2. Short-Term Borrowings

Short-term notes payable consists of a revolvi ng line of credit of up to $1,750,000. At October 31, 2013, the balance was $1,258,304.41. This note is secured by security interest in all assets of the Company including but not limited to inve ntory, accounts receivable , aircraft, and fixed
assets.ULTIMATE JETCHARTERS LLC NOTES TO INTERIM FINANCIAL STATEMENTS 10 Months Beginning January 1, 2013 and Ending October 31, 2013



### 5 

### Note 2. Short-Term Borrowings (continued)

Interest is payable monthly at an interest rate per a nnum equal to the rate being asked on an amount of Eurodollar deposits equal to the amount of advances subject to LIBOR Rate election on the first day of a LIBOR Interest Period and which has a maturity corresponding to the maturity of the LIBOR Interest Period, as repor ted by Telerate rate reporting system (or any successor) as determined by the Lender by noon on the effective date of the LIBOR Interest Period (rounded upwards, if n ecessary, to the next 1/8 th 

### of 1%) (the “LIBOR Rate”), plus 350 basis points. The interest rate at October 31, 2013 was 4.10%. This revolving line of credit was renewed during July 2013 for an additional one year term.

The Company pays the Lender an unused portion fee in an amount equal to one-quarter of one percent (.25%) per annum of the average daily un-borrowed principal amount available under the Revolving Loan as computed by Lender. The unused portion fee is paid quarterly.

Note 3. Long-Term Debt

Long-term debt consists of th e following at October 31, 2013:

Principal Amount

Term Loan, due July 31, 2015 $749,999 Note Payable for 359 SK Jet, due November 20, 2017 $2,583,428 Note Payable for 406 Aircraft, due November 30, 2012 $3,697,122 Note Payable for 411FJ $2,512,183 Note Payable for Vehicle, due October 28, 2016 $15,817 Note Payable – Ultimate Real Estate LLC $309,095 Note Payable -Officer $1,626,063 Total: $11,493,707

The Term Note is secured by security interest in all assets of the Co mpany including but not limited to inventory, accounts receiv able, aircraft, and fixed assets. Interest is payable monthly at an interest rate per annum equal to the rate being asked on an amount of Eurodollar deposits equal to the amount of advances subject to LI BOR Rate election on the first day of a LIBOR Interest Period and which has a maturity corres ponding to the maturity of the LIBOR Interest Period, as reported by Telerate ra te reporting system (or any successor) as determined by the Lender by noon on the effective date of the LIBOR Interest Period (rounded upwards, if necessary, to the next 1/8 th of 1%) (the “LIBOR Rate”), plus 400 basis points. The interest rate at October 31, 2013 was 4.60%. Fixe d principal installments of $16,667.67 are due monthly with any outstanding principal and interest due at maturity on July 31, 2015.ULTIMATE JETCHARTERS LLC NOTES TO INTERIM FINANCIAL STATEMENTS 10 Months Beginning January 1, 2013 and Ending October 31, 2013



### 6 

### Note 3. Long-Term Debt (Continued)

The mortgage loan is secured by security interest in real estate owned by the Company. Interest is payable monthly at an intere st rate per annum equal to the rate being asked on an amount of Eurodollar deposits equal to the am ount of advances subject to LI BOR Rate election on the first day of a LIBOR Interest Period and which has a maturity corresponding to the maturity of the LIBOR Interest Period, as repor ted by Telerate rate reporting system (or any successor) as determined by the Lender by noon on the effectiv e date of the LIBOR Interest Period (rounded upwards, if necessary, to the next 1/8 th 

### of 1%) (the “LIBOR Rate”) , plus 350 basis points. The interest rate at October 3 1, 2013 was 4.10%. Fixed principal installments of $5,500 are due monthly with any outstanding principal and interest due at maturity on July 31, 2017.

The Company has three notes payabl e collateralized by aircraft. Th e first bears interest at the 4.69%. Payments are $30,250 including principal and interest until October 20, 2017 when the remaining balance is payable in full. The s econd bears interest at 7.44%. Payments are $32,000 per month and the loan was due November 30, 2012. The Lender has not called the loan and the Company continues to pay $32,000 per month as it negotiates loans w ith other banks. The Company considers this loan as long-term since it is probable that the lo an will be refinanced with another Lender. The loan is being re ported under similar condi tions currently being negotiated. In February 2013, the Company purchased an aircraft (N411FJ) that it previously had a lease arrangement with the aircraft owners. The company financed the aircraft purchase and was able to relieve the account receiva ble from the aircraft owners of $1,784,878.

The note payable for vehicle is secured by a 2013 Dodge Cara van. Installments of $466.14 including interest of 3.858% ar e due monthly to October 28, 2016.

The amount of interest cost incurred for th e period ended October 31, 2013 was $494,029, all of which was charged to operations.

Maturities of long-term debt for 2013 and succeeding years are as follows:

2013 $ 642,150 2014 $653,355 2015 $992,412 2016 $498,572 2017 $5,755,929

Note 4. Lease Obligations

Operating Leases

The Company conducts its operations from fac ilities that are leased under a five-year noncancelable operating lease which was renewed in Ju ly 2013 for an additional period of five years.ULTIMATE JETCHARTERS LLC NOTES TO INTERIM FINANCIAL STATEMENTS 10 Months Beginning January 1, 2013 and Ending October 31, 2013



### 7 

### This lease may be extended for five more years at the completion of the current term in July 2018.

Note 4 – Lease Obligations (Continued)

In addition, the Company leases aircraft under operating leases expiring in various years through December 31, 2013. Certain of these leases contain options to rene w the lease for successive one year terms.

The Company may also rent prop erty, equipment, and transporta tion equipment on an as needed basis.

Minimum future rental payments under the con- cancelable operating lease having a remaining term in excess of one year as of January 1, 2013 for each of the next three years and in the aggregate are:

Year Amount 2013 $ 1,240,481 2014 0 2015 0 Subsequent to Year 2015 0

Total Minimum Future Rental Payments: $ 1,240,481

Total rent expense under operating leases for the period January 1, 2013 to October 31, 2013 was $767,586.

Note 5. Related Party Transactions

The Company leases two aircraft from an entity which is owned by an individual who is also a member of the Company. The terms of the leases are comparable to the Company’s other aircraft leases and are described in Note 4.

The Company also had a balance due an indivi dual who is a member of the Company for advances made to the company. The advances are unsecured. The balance owed to the individual as of October 31, 2013 was $1,626,063.

Note 6 - Commitments and Contingencies

The Company had at October 31, 2013, no import ant unfilled contracts for the purchase of material, merchandise, or equipment in excess of normal requirements or at prices substantially in excess of market at that date; or for the performance of services at prices that are expected to result in a loss upon completion.

The Company has adopted the guidance for uncer tainty in income ta xes in FASB ASC 740-10- 65-1. The Company will record a liability for un certain tax positions when it is probable that aULTIMATE JETCHARTERS LLC NOTES TO INTERIM FINANCIAL STATEMENTS 10 Months Beginning January 1, 2013 and Ending October 31, 2013



### 8 

### loss has been incurred and the amount can be reasonably estimated. The Company continually evaluates expiring statutes of limitations, audits, proposed settle ments, changes in tax law and new authoritative rulings. Note 6 -Commitments and Contingencies (Continued)

The Company’s evaluation on October 31, 2013 reve aled no tax positions that would have a material impact on the financial statements . The 2010, 2011, and 2012 tax years remain subject to examination by the IRS. In addition, th e tax years 2010, 2011, and 2012 remain subject to examination by certain states. The Company does not believe that any reasonably possible changes will occur within the next twelve mont hs that will have a material impact on the financial statements.

Note 7 - Government Regulation

Substantially all of the Company’s facilities are subject to federal, stat e, and local provisions regulating the discharge of materials into the environment. Compliance with these provisions has not had, nor does the Company expect such compliance to have , any material effect upon the capital expenditures, net income, financial condi tion or competitive position of the Company. Management believes that its current practices and procedures for the co ntrol and disposition of such waste comply with applicable federal and state requirements.

Note 8 – Subsequent Events

The Company has evaluated subsequent events through November 25, 2013, the date which the financial statements were available to be issue d. No events have occurred which would have a material effect on the financial statemen ts of the Company as of that date.Ultimate Jet LLC Balance Sheet as of 10/31/2013

Unaudited

Assets Cash - $

Accounts Recievable - $

Notes Recievable - Shareholder - $ Interest Recievable - Shareholder - $

Investment in Ultimate JETCHARTERS LLC 47,168.00 $ Investment in Ultimate Real Estate LLC 4,281,170.00 $

Total Assets 4,328,338.00 $

Liabilities & Owners Equity Accounts Payable - $

Notes Payable - $

Members Equity 4,328,338.00 $

Retained Earnings - $

Current Year Profit/Loss - $

Total Liabilities & Equity 4,328,338.00 $

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- $Ultimate Jet LLC Profit and Loss Statement for the Period 01/1/2013 to 10/31/2013

UNAUDITED

Income Revenue - $

Expense Cost of Operations - $

Gross Profit - $

SG&A Expenses - $

EBITDA - $

Interest Income Interest Expense - $ Depreciation - $

Net Income (Loss) - $

### Notes to the Ultimate Jet LLC Octobe r 31, 2013 Interim Financial Statements

NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of Operations

Ultimate Jet LLC (hereinafter “UJ” or the “C ompany”) is an Ohio Limited Liability Company formed as a holding company for other busi ness entities. It commenced operations on October 1, 2010. UJ presently has two whol ly-owned subsidiaries: Ultimate JETCHARTER LLC, an Ohio Limited Liability Company: a full- service, air charter and fixed base operator located at the Akron-Canton Regi onal Airport in Ohio. Ultima te Real Estate LLC, an Ohio Limited Liability Company: an owner/lessor of real property. The financ ial results of these subsidiaries have not been c onsolidated in UJ’s October 31, 2013 interim financial statements. The Company is a li mited liability company. The members' liability is limited to their investment. The Company headquarters is lo cated in North Canton, Ohio at the AkronCanton Regional Airport.

Use of Estimates

Management uses estimates and assumptions in preparing financial statements. Those estimates and assumptions affect the reporte d amounts of assets and liabilities, the disclosure of contingent assets and liabili ties, and reported revenues and expenses.

Trade Receivables

The Company has no trade receivables.

Prepaid Expenses

The Company has no prepaid expenses.

Investments

Investments are at stated cost plus earnings reinvested. The value does not reflect current market value of unrealized gains or losses. On October 31, 2013, UJ held 100% equity interests in the following entities: Amount Invested

Ultimate JETCHARTER LLC $4,281,170

Ultimate Real Estate LLC $ 47,168

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### Notes to the Ultimate Jet LLC Octobe r 31, 2013 Interim Financial Statements (continued)

Inventory

UJ has no inventory.

Property and Equipment

The Company has no property or equipment.

Accounts Payable

UJ has no accounts payable.

Short Term Liabilities

UJ has no short term liabilities.

Long Term Liabilities

The Company has no long term liabilities.

Income Taxes

The Company has elected to be treated as a Pa rtnership for federal and state income tax purposes. UJ's taxable income or losses, as well as, certain other tax attributes, are passed through directly to the Company's members and are reported in each member's individual income tax return. Consequently, t hese consolidated financ ial statements do not include any provision for federal or st ate income tax expense or liability.

NOTE B - COMMITMENTS AND CONTINGENCIES

The Company had at October 31, 2013, no import ant unfilled contracts for the purchase of material, merchandise, or equipment in exce ss of normal requirements or at prices substantially in excess of market at that date; or fo r the performance of serv ices at prices that are expected to result in a loss upon completion.

The Company has adopted the guidance for uncertainty in income taxes in FASB ASC 740- 1065-1. The Company will record a liability for uncer tain tax positions when it is probable that a loss has been incurred and the amount can be reasonably estimated. The Company continually evaluates expiring st atutes of limitations, audits, pr oposed settlements, changes in tax law and new authoritative rulings.

The Company's evaluation on October 31, 2013 re vealed no tax positions that would have a material impact on the financial statement s. The 2010, 2011, and 2012 tax years remain subject to examination by the IRS. In addi tion, the tax years 2010, 2011, and 2012 remain subject to examination by cert ain states. The Company does no t believe that any reasonably possible changes will occur within the next six months that will have a material impact on the financial statements. 2

### Notes to the Ultimate Jet LLC Octobe r 31, 2013 Interim Financial Statements (continued)

NOTE C – SUBSEQUENT EVENTS

The Company has evaluated subsequent events th rough November 25, 2013, the date which the financial statements were available to be issued. No events have occurred which would have a material effect on the financ ial statements of the Company.

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