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115 Flightline Road Portsmouth, NH 03801

Dear PlaneSense

®

Participant,

For 20 years the PlaneSense program has been focused on providing an excellent

value proposition, while, at the same time, ensuring our fractional owners receive

world-class service.

We understand that the advertising media presents you with a wide array of

private flying options with great frequency. We are pleased that, despite the

diversity of choices, you continue to choose our program. Over a third of our

current fractional owners have been a part of the PlaneSense

®

family for 10 or

more consecutive years. It is a great feat for any business to be able to say that

such a large number of its clients have remained loyal for more than half of the

company’s existence. It is also an achievement that brings us abundant pride.

Our focus is sincere; we aim to be the safest, most reliable, cost-effective

fractional aircraft program. We are not a marketing company, and we do not

intend to become one. We are aviation experts with penchants for service. Our

attention to detail and our efforts will continue to be put toward the evolution of

the PlaneSense

®

program and enhancing the offerings available to our fractional

share owners.

We look forward to another active summer serving your travel needs.

With warm regards,

George A. Antoniadis

President and CEO