1. Plus One Flyers Directors and Officers Guidance Data 03/16/2006 BOD Meeting S. Kurowski, E. Archer, C. Johnston Data sources: 2006 Membership Survey – 353 members (11,543 data points) 2003-2005 Aircraft usage logs – 27,656 member flights Includes D&O Thinking Points focus, page 7 Plus One Flyers, Inc. Confidential

2. Plus One Flyers membership consists of THREE DISTINCT PILOT POPULATIONS Plus One Flyers, Inc. Confidential

3. Membership Profile Highlights Pilot Ratings IFR 53% (Private, Commercial, ATP) VFR 46% (Private, Student, Commercial, Recreational) Multi-engine 27% 61% under 500 total flight hours – ‘most critical’, 2005 Nall report 77% under 1000 total flight hours Monthly Flying 24% budget < $250  41% fly < 5 hours 62% budget < $500  76% fly < 11 hours 78% budget < $750  86% fly < 16 hours 17% full-time aviation professionals 14% CFIs (flight instruction as principle activity) 7% high-time non-professionals 92% fly at MYF (7% SEE, 1% RNM – excludes recent SDM/RNM growth) Avionics Requirements IFR platform 56%, VFR platform 44% Mirrors pilot IFR / VFR certificate rating ratios Plus One Flyers, Inc. Confidential

4. 83% of primary non-WX, non-personal reasons for canceled flights Aircraft maintenance – 56% of total in this class Not airworthy – 44% of total in this class Mostly local pleasure flights, then training and staying current; average flight 1.7 hours When prefers to fly 34% weekends / holidays 19% weekdays Aircraft first picks 50% Cessna 172 17% Piper single-engine 33% all others combined 89% tend to stick with a few favorite aircraft Top aircraft selection reasons 30% type/model 17% availability 15% trust/confidence in aircraft 13% hourly cost Plus One Flyers, Inc. Confidential Membership Profile Highlights

5. Plus One Flyers, Inc. Confidential During the last 3 years, monthly aircraft revenue varied from year to year by less than $32K in month with total annual variance less than $81K

6. Plus One Flyers, Inc. Confidential

7. D&O Thinking Points Three distinct populations of member pilots 54% low-time VFR only, 22% average VFR/IFR, 24% CFIs + high-timers 3/4 using ‘standard’ cloned IFR trainers majority do not fly complex / high-performance Possibly slowly fine-tune club to maximum-utilization fleet composition? #1 cloned aircraft = C172 with IFR platform, short-lived squawks Example proportions: 75% C172, 15% other/medium stage, 10% complex hi-performance Minor value-added club services for daily aircraft checks? likely to have disproportionately high positive ROI effect for club aircraft utilization examples: Tach & Hobbs check, squawks, top-off, maint. scheduling, owner calls, etc. provisionally: must not cross the line of FAA responsibility 30% (~$32,000) of monthly average cash flow bank reserve buffer possibly sufficient to smooth monthly cash flow variance How might key dispatch system affect club aircraft utilization? Plus One Flyers, Inc. Confidential