1. Low Cost Aircraft in the University Environment Or Increasing The Pilot Population Utilizing Tecnam Aircraft

2. Tecnam Aircraft NTAS 2009 From NTAS 2008 Decreasing Pilot Numbers Increasing Training Costs Decreasing Pay Increasing Need for Well Trained Pilots What has happened in the past year? –Has the situation improved?

3. Tecnam Aircraft NTAS 2009 Pilot Statistics CATEGORYThrough 3/1/09200720062005 Pilot--Total577,062*590,349597,109609,737 Student75,088*84,33984,86687,213 Recreational (only)246*239 278 Sport2,7342,031939134 Airplane Private230,032*211,096219,233228,619 Commercial126,944*115,127117,610120,614 Airline Transport142,018*143,953141,935141,992 Flight Instructor Certificates91,928*92,17591,34390,555 Instrument RatingsUnknown309,865309,333311,828 * Current totals include all class and category – Not Airplane Specific

4. Tecnam Aircraft NTAS 2009 ESTIMATED ACTIVE PILOT CERTIFICATES HELD As of December 31, 2007 Age Group TotalStudentSportRecPrivateComercialATPCFI Total590,34984,3392,031242228,475128,540146,72292,175 14-15178 000000 16-1916,41412,127803,932347085 20-2443,57617,260211815,81510,2512115,323 25-2944,03711,26429312,89715,6484,19610,419 30-3442,5447,573451312,63311,64610,6349,586 35-3953,7127,341801217,11711,38117,78110,783 40-4463,7847,2461881922,16010,91523,2569,816 45-4973,3597,0493212428,64811,70725,6109,462 50-5475,8615,8974304034,17612,84522,4739,442 55-5965,8943,8643683830,02713,12618,4718,735 60-6452,7182,4082802523,08913,18413,7328,246 65-6930,6091,2161671814,2868,7436,1794,954 70-7414,96955074117,1584,5992,5772,885 75-798,38025518134,4662,5601,0681,529 80 +4,314111282,0711,588534910 Digging Deep For Numbers

5. Tecnam Aircraft NTAS 2009 Time Is Now Aviation Daily Reported on 3/12/08: “U.S. airlines may have received a five-year reprieve from scrambling to find enough pilots because of the recent lifting of the Age 60 mandatory retirement rule, but the pilot shortage will soon catch up. The shortage may be more acute and imminent at the regional airline and instructor level, but it will creep up -- and quickly -- to major airlines, which need to start planning now and considering new programs, such as paying for training, to bring more pilots into the pool... The cost of flight training is exorbitant. It now costs $120,000 to $180,000 for a four-year flight education. Students cannot borrow that much, and government loans are limited to $25,000, says Levy. Students then face 10 to 15 years of paying back their loans, assuming they complete the program, and half of them do not.”

6. Tecnam Aircraft NTAS 2009 Major Carrier Pay - 2008 1st Year FO 1st Year Capt. 2nd Year FO 2nd Year Capt. 12th Year FO 12th Year Capt. $47.00 $110.00 $58.00 $113.00 $87.00 $147.00

7. Tecnam Aircraft NTAS 2009 Regional Carrier Pay - 2008 1st Year FO 1st Year Capt. 2nd Year FO 2nd Year Capt. 12th Year FO 12th Year Capt. $23.00 $60.80 $37.61 $62.69 $45.15 $86.55

8. Tecnam Aircraft NTAS 2009 Starting Salaries - 2008 Accountant – 1st Year –$33,617 - $48,925 Software Engineer – 1st Year –$42,435 - $66,278 Marketing Assistant – 1st Year –$27,340 - $46,085 FO Regional Airline – 1st Year –$15,960 - $24,000

9. Tecnam Aircraft NTAS 2009 Reality Check - ROI Student Loans - Between 6.0% - 8.8% –$55,000.00 = $697.78 per month @ 8.8% –$44,000.00 = $552.62 per month @ 8.8% Full Cost of Education –$193,280.00 4 year education Private University w/ Flight Training –$2,145.80 per month @ 6.0%

10. Tecnam Aircraft NTAS 2009 From 2008 FAA Forecast “Student pilots are important to general aviation and the aviation industry as a whole. In 2007, according to statistics compiled by the FAA’s Mike Monroney Aeronautical Center, the number of student pilots decreased by 0.6 percent. This is the third consecutive year of decline in this important pilot category. The industry has, over the past several years, maintained several industry-wide programs designed to attract new pilots to general aviation. The industry is trying to stimulate interest in flying, but the data suggest that more may need to be done.”

11. Tecnam Aircraft NTAS 2009 Times Are Changing “Toto, I have a feeling we're not in Kansas anymore.” Dorothy

12. Tecnam Aircraft NTAS 2009 Time For Change “Without change there is no innovation, creativity, or incentive for improvement. Those who initiate change will have a better opportunity to manage the change that is inevitable.” William Pollard

13. Tecnam Aircraft NTAS 2009 Lowering the Costs of Training Tecnam Aircraft Line –Eaglet –Sierra JR (Optional Retractable) –P2006T Commonality of Parts Lower Cost of Operation Complete Training Solution –Tecnam and Mechtronix

14. Tecnam Aircraft NTAS 2009 Eaglet Interior Excellent Useful Load –Standard Equipment - 590 lbs Roomy Cabin –Over 45 inches at Shoulder –Excellent Headroom –In-Flight Adjustable Seats Large Panel –Accommodates Steam or Glass

15. Tecnam Aircraft NTAS 2009 Eaglet Capabilities Only US Spin Approved LSA Demonstrated Crosswind - 15 KTS IFR Capable –File and Fly Used Worldwide in Flight Schools

16. Tecnam Aircraft NTAS 2009 Tecnam SEL Operating Costs

17. Tecnam Aircraft NTAS 2009 P2006T Excellent Useful Load –Equipped with Glass Cockpit - 970 lbs Roomy Cabin –Over 49.2 inches –Excellent Headroom –Fully Adjustable Seats Large Panel –Certified with Steam Gauges –Undergoing Glass Panel Certification

18. Tecnam Aircraft NTAS 2009 P2006T Capabilities 146 KTS - Under 10 gal an hour 9,000 ft. - Single Engine Service Ceiling 15,000 ft. - Service Ceiling 49 KTS - Stall Speed 1140 FPM - Rate of Climb All Aluminum

19. Tecnam Aircraft NTAS 2009 Tecnam Twin Operating Costs

20. Tecnam Aircraft NTAS 2009 Tecnam US Parts Warehouse European Parts Warehouse Significant Fleet Data –10,000 hour A/C in Europe All Metal –Pre- punched CNC Manufactured Parts Many Parts US Manufactured Full Garmin Suite Available –Other Glass Options in Process

21. Tecnam Aircraft NTAS 2009 Turnkey Solution Mechtronix Aviation Services –Level 2-6 FTD –Full Training Suite Working with Tecnam –Level 6 PFD for P2006T –Optional Level 6 PFD for SEL Level 6 FTD with 98% Availability –Estimated Cost of Operation - $5.00 hr

22. Tecnam Aircraft NTAS 2009 Mechtronix –A growing & profitable company Among top 3 manufacturers of flight simulators worldwide – F.I. Census 07/2007 Fastest growing player (+40% per year in the past 3 years) Vision and Leadership (First worldwide in JAR 3A MCC in 1998, JAR 2A FTD in 2001, FP DLP Visuals in 1995, N ZFT in 2006, FFT X for OPC 2007) –Mechtronix has been in the business for 20 years… Founded in 1987 A worldwide presence An established track record A full range of flight training simulators exceeding regulatory requirements –… with solid foundations to fuel our growth Backed by Canada’s largest institutional investors (CPDQ) A team of 200 dedicated experts in electronics, control systems, modelling, computer programming, mechanical design and manufacturing, etc. A network of exclusive and active partners

23. Tecnam Aircraft NTAS 2009 A worldwide track record Selection of client references in the FTO industry More than 100 machines delivered to the most prestigious FTO = A trustworthy and credible partner

24. Tecnam Aircraft NTAS 2009 FTO Challenges –Train pilots: fulfill your Mission to “Get Them Wings” –Lower the costs while improving training –Get the most advanced training technology at the best prices –Work with a reliable provider of reliable simulators –Make the simulator maintenance easy and cost effective –Make a long term investment in an evolving machine that will not become obsolete Mechtronix is your partner of choice providing the GA professional community with the best of both worlds: modern jet technology at GA prices

25. Tecnam Aircraft NTAS 2009 Our products MCC/CRM Flight Trainers –Can be configured as Twin Turboprop (B200) reconfigurable to Twin piston and/or Single Engine Synthetic Instrument Display™ Credits for IR/MCC/CRM –Ascent® Jet Trainer™ Generic Jet based on RJ EFIS, FMS, TCAS, etc. Credits for MCC/CRM Regulatory Qualification –JAR-STD 3A FNPTII MCC –FAA FTD level 2/3/5/6 Key Features The most versatile solutions = Maximum training outcome

26. Tecnam Aircraft NTAS 2009 Easy Maintenance –High Fidelity Industrial Grade Products Heavy duty mechanical design Easy access to parts –Easy Part replacement Maximization of COTS usage Contractual availability of spares for 15 years –Guaranteed availability rate of 98% Highest quality product + best support = Highest reliability

27. Tecnam Aircraft NTAS 2009 Customer Support Added to the high quality and fidelity of our products, Mechtronix ensure the best technical customer support for a highest reliability of your machines Customer Support Service Hot Line and Network Link Support Dedicated customer support Website 24 Hour UOG Service Regular on-site visits Obsolescence program Price Escalation Protection Recommended modifications bulletin Ascent® Service Bulletins Unit Software Updates 50% discount on spares manufactured by Mechtronix Discounted rate for extra tech support visit Priority services Access airport visual database library

28. Tecnam Aircraft NTAS 2009 “Enabling Training Ops” OEM Label Regulatory documentation Quality system implementation Auditing and monitoring TRTO JAR STD Part 147 EU ops Head of Training Quality Manager Pilot Maintenance Technician Program designer Legal Advisor Aircraft knowledge Simulator Training devices Building/facilities EquipmentPeople Quality Regulation

29. Tecnam Aircraft NTAS 2009 Contacts At Tecnam United States Lynne Birmingham Tel: 770.309.4155 lynne@tecnamaircraft.com Europe Paolo Pascale Langer Tel: 390823 620134 info@tecnam.org

30. Tecnam Aircraft NTAS 2009 Contacts At MSI Americas François Tremblay Tel: +1 514 651-4074 ftremblay@mechtronix.ca Europe, Middle East & Africa René Veerman Tel: +31 229 582 165 rveerman@mechtronix.ca Asia Pacific Jean-Pierre Clercin Tel:+1 514 839 2300 jpclercin@mechtronix.ca

31. Tecnam Aircraft NTAS 2009 Thank You The world hates change, yet it is the only thing that has brought progress. Charles Kettering