Image Source: © Respective Companies. Example only - Not for reproduction © Air Taxi Association, 2007, CONFIDENTIAL The Rapidly Expanding Air Taxi and

Image Source: © Respective Companies. Example only - Not for reproduction © Air Taxi Association, 2007, CONFIDENTIAL

The Rapidly Expanding Air Taxi andVery Light Jets (VLJ) Market

The Benefits and Positive Impacton Airport Ground Transportation Needs

Image Source: © Respective Companies. As example only. Not for reproduction.

Joe LeaderAir Taxi Association President

© Air Taxi Association, 2008 www.atxa.com © Air Taxi Association, 2008

Next Generation Air Taxis

Not just about the arrival of very light jets

Technology advanced, highly efficient aircraft

Major advances in business models

Highly efficient operations

Image Source: © Respective Companies. As example only. Not for reproduction.


Today’s Presentation

Quick introduction Thank You to AGTA Participants Key Air Taxi Industry Definitions Forecasts and Growth Next Generation Companies Overview How Ground Transportation Can Benefit Q & A


AGTA Atlanta 2008 ParticipantsNational Interstate Insurance

National Interstate Insurance Company (NIIC) and its affiliates are licensed in all states and the District of Columbia, and currently focus on passenger transportation, truck, recreation vehicle and Hawaii general commercial insurance. NIIC is an independently operated subsidiary of Great American Insurance Company and Underwriting Manager for Great American's public transportation and recreation vehicle insurance programs.


AGTA Atlanta 2008 ParticipantsTransCore

TransCore is dedicated to driving inefficiencies out of surface transportation through innovation, utilizing our expertise in systems integration, design consulting, operations, maintenance, manufacturing, enabling RFID and satellite communications technology, and our extensive Web-based logistics and transportation management systems.


AGTA Atlanta 2008 ParticipantsAsheville Regional Airport

The Asheville Regional Airport is located approximately 10 miles south of the city of Asheville, is served by 20 different tenants, and caters to general aviation.


AGTA Atlanta 2008 ParticipantsDallas Love Field

The City of Dallas owns and operates Dallas Love Field, a general-purpose airport that is home to seven FBOs. The airfield is located seven miles northwest of the downtown central business district and is managed by the City's Department of Aviation.


AGTA Atlanta 2008 ParticipantsLos Angeles World Airports

Los Angeles World Airports is a unique system of four airports owned and operated by the City of Los Angeles. Each of the airports – Los Angeles International (LAX), LA/Ontario International (ONT), Van Nuys (VNY) and LA/Palmdale Regional (PMD) – plays an integral role in helping to meet the regional demand for passenger, cargo and general aviation service in the 21st century. Each airport makes a distinct contribution to the strength of the system as it provides a high level of safety, security and service for its customers, communities and stakeholders. The strength of the system and the value this approach provides to the future of Southern California can be captured in a few words -- We Fly As One.


AGTA Atlanta 2008 ParticipantsPort of Portland

The Port of Portland is the port district responsible for overseeing Portland International Airport, general aviation at Hillsboro, Troutdale, and Mulino Airports, and marine activities in the Portland, Oregon metropolitan area.


AGTA Atlanta 2008 ParticipantsDAJA International, LLC

DAJA focuses on providing high-quality management services in three primary areas:

• Transportation management• Ground-transportation logistics• Parking facility management


AGTA Atlanta 2008 ParticipantsPark N’ Fly

Park 'N Fly today operates 18 facilities in 12 markets nationwide and offers a network of off-airport parking services at over 80 affiliate locations through its Internet-based reservation system, the Park 'N Fly Network.


AGTA Atlanta 2008 ParticipantsA-National Limousine Service, Inc.

Established in 1982, A-National Limousine Service is Atlanta’s premier transportation service provider. Our experienced staff, well-maintained late-model fleet and focus on customer service and dependability set us apart from the competition.


AGTA Atlanta 2008 ParticipantsCooper-Atlanta Transportation

Cooper-Atlanta Transportation Services is based in Atlanta and caters to business travelers and special occasion events.


AGTA Atlanta 2008 ParticipantsGeorge’s Motor Coach

George’s Motor Coach are experts in convention planning and can take care of your signage, scheduling, routing, shuttle, registration, provide "meet and greet" services, and security for groups as large as 30,000 plus. We provide transportation to and from hotels, seminars, trade shows, and arrange tours for sightseeing and shopping. We also provide charter services anywhere in the United States and Canada


AGTA Atlanta 2008 ParticipantsGroome Transportation

Groome Transportation currently operates shared ride door-to-door, shuttle, and charter services at Richmond International Airport and shuttle and charter services to Atlanta Hartsfield International Airport and Nashville International Airport.


AGTA Atlanta 2008 ParticipantsNational Limousine Association

The National Limousine Association is responsible for and dedicated to representing and furthering the worldwide, national, state and local interests of the luxury chauffeured ground transportation industry. Our membership includes limousine owners and operators, suppliers, manufacturers, and regional and state limousine associations.


AGTA Atlanta 2008 ParticipantsSuperShuttle

SuperShuttle provides door-to-door service for over 8 million passengers per year, services to and from 28 major airports in 23 cities, and has approximately 1,200 distinctive blue and yellow vans on the road.


Key DefinitionNext Generation Air Taxi

Direct, on-demand air travel at competitively priced levels using technologically advanced aircraft and/or advanced business models to maximize efficiency.

Filling the gap between traditional charter, commercial carriers, and driving with a return on time investment.

Majority of next generation air taxi passengers today come from the roads and aircraft primarily utilize secondary airports.

Joe Leader

Could I get a different, good graphic here please?


Key DefinitionsVery Light Jet

Very lights jets are defined as jet aircraft weighing 10,000 pounds of less, certified for single pilot operation, and possessing advanced avionics.

VLJs utilize advanced avionics from leading manufacturers allowing aircraft to fly RNP and to be

ADS-B ready for more efficient aircraft utilization.

Joe Leader

avionics system used in the aircraft. talk about the aviations system garmin, avio, fly RNP and ADS-B ready. Equpip


Very Light JetsAircraft Manufacturer Seats Engines Max. Cruise Max. Range Cost Orders Certification

Citation Mustang

Cessna 6 2× PW615F340 knots (630 km/h)

1,300 NM $3.295m 250 November 23, 2006

Eclipse 500 Eclipse Aviation 6 2× PW610F370 knots (695 km/h)

1,125 NM $1.52m 2,500 December 31, 2006

Diamond D-JetDiamond Aircraft

51× Williams

FJ33-4315 knots (583 km/h)

1,350 NM $1.38m ~300 2008

Eclipse ECJ Eclipse Aviation 4 1x PW615F345 knots (639 km/h)

1,250 NM NA NA 2009

Embraer Phenom 100

Embraer 6-8 2× PW617F380 knots (704 km/h)

1,320 NM $2.85m 50+ 2008

Epic Victory Epic Aircraft 4-61× Williams

FJ33-4320 knots 1,200 NM $1.20m 2009

Honda HA-420 HondaJet

Honda Aircraft Company

6-82× GE Honda

HF120420 knots (778 km/h)

1,100 NM $3.65m 130+ 2009

Spectrum S-33 Independence

Spectrum Aeronautical

92× Williams

FJ33-4415 knots (770 km/h)

2,000 NM $3.65m 2009

Cirrus Jet Cirrus Design 71× Williams

FJ33-4~300 knots ~1000 NM $1.3m 327 2010

Epic Elite Epic Aircraft 72× Williams

FJ33-4390 knots (722 km/h)

1,600 NM $2.10m early 2008

Excel-Jet: Sport-Jet

Excel-Jet 51× Williams

FJ33-4375 knots (695 km/h)

1,000 NM $1.00m late 2009

PiperJet Piper Aircraft 7 1× FJ44-3AP360 knots (667 km/h)

1,300 NM $2.20m ~180 early 2010

Spectrum S-40 Freedom

Spectrum Aeronautical

7-92× GE Honda

HF120435 knots (805 km/h)

2,200 NM $6.2m 2010

Shortest Takeoff / Landing: 3100 ft / 2380 ftFlight Level Max: 25,000 ft – 45,000 ft


FAA Analysis for 2008-2025Updated Estimate on VLJ Fleet Entry

The actual number of VLJ deliveries in 2007 fell short of our assumption in last years forecast (143 vs 350).

The current forecast assumes that VLJs will continue to enter the active fleet at a rate of 400-500 aircraft a year, reaching 8,124 aircraft by 2025.


FAA Analysis for 2008-2025Selected Quotes on VLJ Growth

The relatively inexpensive twin-engine VLJs (priced between $1 and $2 million) are believed by many to have the potential to redefine the business jet segment by expanding business jet flying and offering performance that could support a true on-demand air-taxi business service.


PMI Media ForecastVery Light Jet Estimates

PMI Media For 2007, publisher achieved

most accurate forecast for production 18 months in advance

2007-2016 7,659 VLJs Added Worldwide;

5744 U.S. 4,595 Units or 60% Deployed

to Existing Air Taxi / Charter Marketplace; 3346 in U.S.

U.S. 75% of market, Standing at

75% of current backlog

2008-2016 Source: PMI Media. Please note newest VLJs / PLJs not forecasted.

Joe Leader

FAA will have some of the specifics from the FAA forecast. Why there is a difference. Received next week at the forecasting conference.


United States VLJs Deployed as Air Taxis

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

HondaJ et

Mustang

Phenom 100

D-J ET

Eclipse 500



VLJs Deployed as Air TaxisTotal Aircraft Growth in U.S.

0

500

1000

1500

2000

2500

3000

3500

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

HondaJet

Mustang

Phenom 100

D-JET

Eclipse 500



FAA Analysis for 2008-2025GA Growth with VLJ Introduction

“GA instrument operations are projected to grow 2.1% a year . . .”

“GA activity is projected to grow 2.9% a year (almost as much as commercial activity), reflecting the expected impact of VLJs and additional business aviation activity.”


VLJ Runway Length & Weight

Initial aircraft illustrating incredible efficiencies Remarkably short jet takeoff / landing capabilities Opens highly efficient, Stage IV jet aircraft to

wider range of secondary airports across America

Takeoff Weight LandingCessna Citation Mustang 3,110 ft 8,645 lb 2,380 ftEclipse 500 2,342 ft 5,995 lb 2,250 ftEmbraer Phenom 100 3,400 ft 9,700 lb 3,000 ft


FAA Update for 2008-2025VLJ Air Taxi Utilization Rate

“VLJ air taxis are expected to average approximately 1,500 hours per year, shared ownership users about 525 and private use 375.”


What this Means for Ground Trans.VLJ Air Taxi Utilization Rate

Over 1000 passenger ground missions per aircraft

Average addition of 290,000 new ground missions per year

By 2016, additive effect will be 3.1 additional ground missions per year


A Wide Variety of Business Models: Next Generation Air Taxi Operators

Air Taxi Operators

Air Taxi Marketplaces

Future Operators


Ground TransportationRecommendations During Growth

Get involved early in massive market upswing

Communicate your availability and flexibility to secondary airports, carriers, communities

Engage in cooperative arrangements with air taxi operators to take passengers the final mile


Ground TransportationStretch, but Avoid the Pitfalls

Right vehicles for the right missions

Customers much more price sensitive than traditional air charter customers

Organize to serve customers on daylong missions


Take Your First Air Taxi FlightFirst Flight Program

Reseller program for airports and ground operators

$3000 in discounts across six leading air taxi companies

Only $99 (Normally $199)

$20 reseller fee to ground transportation provider


Air Taxi Industry PartnershipGeneral Membership


Air Taxi Industry PartnershipFeatured Companies & Airports


Air Taxi Industry PartnershipGold Membership

Universal navigation logo placement

Ideal for companies with more than one service area and broadly serviced airport and customer base

Ability to offer one-time discounts via First Flight to get a customer once, keep them for life


Contact Information

Joe Leader, President

[email protected]

Air Taxi Association (ATXA)

Two Ravinia, Suite 500

Atlanta, GA 30346

678.855.7177


Q & A

Documents

Image Source: © Respective Companies. Example only - Not for reproduction © Air Taxi Association, 2007, CONFIDENTIAL The Rapidly Expanding Air Taxi and