The AAA-SA Partnership

The AAA-SA Partnership is an agreement between Arkansas Aircraft Acquisitions, a company

incorporated in USA and of registered address 41 Village Creek Dr, Cabot, AR 72023, with Company

Registration No.: 811032715 and Seefin Aviation Ltd, a company incorporated in the Republic of

Ireland, with its registered office at Seefin House, Listowel, Co Kerry, Ireland, with Company

Registration No.: 528293.

SEPTEMBER 2014

REQUEST FOR PROPOSALS

relating to

the sale of two (2) Bombardier CL600-2B19 CRJ200 LR Aircraft bearing

MSN 7478 and 7629

STRICTLY PRIVATE & CONFIDENTIAL

The information provided is strictly Private and Confidential

IMPORTANT NOTICE

The information contained in this Information Memorandum (“Info Memo”) is given

without any liability whatsoever to CJS Aviation Pte Ltd ("CJS" or the “the Seller”) and no

representation or warranty, express or implied, is made as to the accuracy, completeness or

thoroughness of the content of this RFP.

This Info Memo also should not be considered as a recommendation by the Seller that the

recipient participates in the transaction described herein ("Transaction"). Each recipient

should determine its interest in participating in the Transaction based upon such independent

investigations as it deems necessary for the purpose and must carry out its own credit, tax,

accounting and legal analyses and due diligence of the Transaction and its own evaluation of the

Seller and of the subject aircraft.

This Info Memo is also for the confidential use of only those persons to whom it is

transmitted and is not to be reproduced or used for any other purpose. Each

recipient acknowledges that the contents of this Info Memo and any subsequent

discussions and negotiations pursuant and related to the Info Memo are

confidential and agrees that it will not, without the prior written consent of the

Seller, reproduce, use or disclose such information in whole or in part, to any

other party other than as required by law or other regulatory requirements.

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The information provided is strictly Private and Confidential

CONTENTS I. EXECUTIVE SUMMARY ...............................................................................................1

II. LETTER OF INTENT AND PROPOSAL REQUIREMENTS .................................................. 3

EXHIBIT 1 ..................................................................................................................... 5

Bombardier CL600-2B19 (CRJ200 LR) - Aircraft Exterior and Interior

EXHIBIT 2 ..................................................................................................................... 8

CRJ200 LR Basic Technical Specifications and CRJ200 LR Engine LLP Status

The information provided is strictly Private and Confidential

I. EXECUTIVE SUMMARY

Introduction

The AAA-SA Partnership has been requested by AirAsia Berhad (“AirAsia”) who are the

appointed agent of CJS Aviation Pte Ltd (“CJS” or “the Seller”) to identify the potential buyers

(“Potential Buyer”) for two (2) CRJ200 LR aircraft (“the Aircraft”) currently owned by the

Company, with the intention of selling these Aircraft.

An information pack has been prepared which includes the asking price (“Asking Price”) and

technical information for the Potential Buyer for the Aircraft. The anticipated delivery period of

the Aircraft shall be immediate subject to the swift execution from the Buyer.

Aircraft for Sale

The Aircraft listed for sale shall be sold on an “as is, where is” basis. Below are the details on

the two (2) Aircraft bearing the Manufacturer’s Serial Number (“MSN”) 7478 and 7629 listed for

sale. The Potential Buyer would be able to buy the minimum of one aircraft and the maximum

of two aircraft out of the selection below.

MSN Registration Year of Manufacture ESN 1 ESN 2 Price

1

2

7478 C-GNAF 2001

7629 C-GMZW 2002

873911 872904 6.75MUS$

950017 950016 7.25MUS$

The Aircraft exterior, interior, technical details and relevant specification of the Aircraft

including engines, Auxiliary Power Unit (“APU”) are as attached in Exhibits:

Exhibit 1 - Bombardier CL600-2B19 (CRJ200 LR) - Aircraft Exterior and Interior

Exhibit 2 - Bombardier CL600-2B19 (CRJ200 LR) Basic Technical Specifications and Engine LLP

Status

2

The information provided is strictly Private and Confidential

II. LETTER OF INTENT AND PROPOSAL REQUIREMENTS

The AAA-SA Partnership wishes to minimise documentation time and expense for all

parties and has therefore, established the following requirements for submission of Letter of

Intent (“LOI”) and/or proposals:

Deposit

The Potential Buyer will pay a LOI deposit to AirAsia in the amount of 10% of the Asking Price,

upon execution of the LOI. The deposit shall not be refundable and upon payment by the

Potential Buyer of the deposit, CJM shall remove the Aircraft from the market.

Submission Deadline

It is expected that relevant parties will have completed a preliminary evaluation of all

submitted proposals by 21st September 2014. Thereafter, the Potential Buyers will be

contacted to discuss the LOI. It is mutually intended that the LOI shall only oblige each

party to negotiate in good faith towards a final binding contract. CJM reserve the right to

accept or reject proposals and to extend this submission deadline at its sole

discretion.

It is not necessary to have internal approvals for the initial offer submissions but

respondents will be expected to have (and be able to communicate to The AAA-SA Partnership

in writing) a reasonable level of internal comfort that approvals will be forthcoming.

Any enquiries in relation to the sale of these Aircraft shall be

addressed to jamesoshea@SeefinAviation.com or

rick.lovato@aircraftrecyclers.com

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The information provided is strictly Private and Confidential

EXHIBIT 1

BOMBARDIER CL600-2B19 (CRJ200 LR)

AIRCRAFT EXTERIOR AND INTERIOR 4

The information provided is strictly Private and Confidential

EXTERIOR 5

The information provided is strictly Private and Confidential

INTERIOR

Cabin retrofit carried out to business jet interior with:-

16 Executive Seats

WIFI

Mood Lighting

6

The information provided is strictly Private and Confidential

EXHIBIT 2

BOMBARDIER

CL600-2B19 (CRJ200 LR)

BASIC TECHNICAL SPECIFICATIONS

&

CRJ200 LR ENGINE

(LLP STATUS)

Owner

MSN

Registration

ESN 1 (LH)

ESN 2 (RH)

CF34-3B1

1 CJS 7478 C-GNAF 873911 872904

2 CJS 7629 C-GMZW 950017 950016

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The information provided is strictly Private and Confidential

MSN 7478

(C-GNAF) 8

The information provided is strictly Private and Confidential

Aircraft Technical Specification SUMMARY MSN 7478 CRJ200 LR 7-Aug-14

Manufacture Bombardier, Inc. Airframe Time Since New 20,433 FH

Aircraft Model CL600-2B19 Airframe Cycles Since New 17,405 FC

MSN 7478

Current Registration C-GNAF Maximum Taxi Weight 24,154 kg / 53,250 lbs

Previous Registration ACRM Maximum Take-Off Weight 23,995 kg / 52,900 lbs

Manufacture Date 5-Feb-01 Maximum Landing Weight 21,205 kg / 46,750 lbs Maximum Zero Fuel Weight 19,958 kg / 44,000 lbs

STC's Status Empty Weight 14,547 kg / 32,070 lbs

Cockpit Reinforced Door Awaiting C & D Kit(FCC Install)

16g Interior & WIFI Installed 08-2012 Fuel Capacity MAX Useable Fuel

HF Radio Installed 08-2012 Wing Tanks 5,300 liters / 1,400 US Gal

Under floor Storage Unit Installed 08-2007 Center Tank 2,782 liters / 735 US Gal

Solid State Logo Light Installed 10-2009 Total 8,082 liters / 2,135 US GAL

Airworthiness Directives Status APU

All AD's Complied C/W 1-Apr-14 Manufacture Honeywell

Model GTCP36-150 (RJ)

Part Number 3800488-3 Serial Number P-657

Interior 16 Seat Executive Leather Time Since New 14,247 Hours

Forward Galley Ovens/Coffee New Cycles Since New 26,469 Cycles

Tires New TSN / CSN at last Shop Visit 13,272 Hours / 24,698 Cycles

Brakes Overhauled TSLSV HRS 975

Paint In Progress CSLSV Cycle 1771

Weight & Balance August 2012 Maintenance Schedule On Condition

Avionics Equipment EASA Compliance

Onboard NAV Data Loader Upgrading to USB LH Main Landing Gear Assy RH Main Landing Gear Assy

Ground Air-condition Exterior Connection Side Stay - Uplock - Full Dress Side Stay - Uplock - Full Dress

Fuel Gauges Metric Part Number 17002-113 Part Number 17002-114 Part Number 17008-115 Part Number 17008-115

Nose Landing Gear Next Overhaul Due Part Number 17051-101 Part Number 17051-101

Part Number 16050-117

March 19, 2019

TSN 22,398 Hrs TSN 22,449 Hrs

MFT Date: March 2009 CSN 19,305 CSN 19,352

TSN : 2,705 Hours Overhauled April 26, 2012 Overhauled April 26, 2012

CSN: 2,318 Cycles Messier Dowty Next OH DUE : Aug 29, 2021 Next OH DUE : Aug 02, 2021

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The information provided is strictly Private and Confidential

LH ENGINE RH ENGINE

Manufacture General Electric Manufacture General Electric

Model CF34-3B1 Model CF34-3B1

Eng Take off Thrust 9,356 LBS Eng Take off Thrust 9,356 LBS

Part Number 6089T11G01 Part Number 6089T11G01

Serial Number 873911 Serial Number 872904

Time Since New 14,049 Hours Time Since New 19,618 Hours

Cycles Since New 11,968 Cycles Cycles Since New 16,720 Cycles

Last Shop Visit 28-Dec-09 Last Shop Visit 1-Feb-11

Last Boroscope 14-Oct-11 Last Boroscope 14-Oct-11

TSLSV 19 Hours TSLSV 211 Hours

CSLSV 12 Cycles CSLSV 182 Cycles

First Limiter 6,032 Cycles First Limiter 3,280 Cycles

Maintenace Status Current FH 20,433 Current CY 17,405 As of Apr 1, 2014

10,000 Hour Base Due @ 25,310 FH To Go : 4,877 FH

15,000 Hour Base Due @ 26,543 FH To Go : 6,110 FH

5,000 Hour Base Due @ 23,853 FH To Go : 3,420 FH

12 Month Base In Progress (FCC) 12 MTHS (PENDING MAINT RELEASE FROM FCC)

24 Month Base In Progress (FCC) 24 MTHS (PENDING MAINT RELEASE FROM FCC)

48 Month Base In Progress (FCC) 48 MTHS (PENDING MAINT RELEASE FROM FCC)

72 Month Base In Progress (FCC) 72 MTHS (PENDING MAINT RELEASE FROM FCC)

T72/I48 Month Base In Progress (FCC) 48 MTHS (PENDING MAINT RELEASE FROM FCC)

T96/I48 Month Base In Progress (FCC) 48 MTHS (PENDING MAINT RELEASE FROM FCC)

T96/72 Month Base In Progress (FCC) 72 MTHS (PENDING MAINT RELEASE FROM FCC)

EWIS Base In Progress (FCC) 10,000 FH (PENDING MAINT RELEASE FROM FCC)

1A Line (500 hrs - BBD MPM) In Progress (FCC) 500 FH (PENDING MAINT RELEASE FROM FCC)

2A Line (1000 hrs - BBD MPM) In Progress (FCC) 1000 FH (PENDING MAINT RELEASE FROM FCC)

3A Line (1500 hrs - BBD MPM) In Progress (FCC) 1500 FH (PENDING MAINT RELEASE FROM FCC)

4A Line (2000 hrs - BBD MPM) In Progress (FCC) 2000 FH (PENDING MAINT RELEASE FROM FCC)

5A Line (2500 hrs - BBD MPM) In Progress (FCC) 2500 FH (PENDING MAINT RELEASE FROM FCC)

1C (4000 hrs - BBD MPM) In Progress (FCC) 4000 FH (PENDING MAINT RELEASE FROM FCC)

2C (8000 hrs - BBD MPM) Due @ 23,310 FH To Go : 2,877 FH

3C (12000 hrs - BBD MPM) Due @ 23,543 FH To Go : 3,110 FH

4C (16000 hrs - BBD MPM) Due @ 31,310 FH To Go : 10,877 FH

5C (20000 hrs - BBD MPM) Due @ 38,853 FH To Go : 18,420 FH

6C (24000 hrs - BBD MPM) Due @ 24,000 FH To Go : 3,566 FH

Out of Phase Tasks In Progress (FCC) PENDING MAINT RELEASE FROM FCC

Note: The C checks have few task cards / most of C task cards have been intigrated into the Base checks

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The information provided is strictly Private and Confidential

MSN 7629

(C-GMZW) 11

The information provided is strictly Private and Confidential

Aircraft Technical Specification SUMMARY MSN 7629 CRJ200 LR 7-Aug-14

Manufacture Bombardier, Inc. Airframe Time Since New 18,286 FH

Aircraft Model CL600-2B19 Airframe Cycles Since New 15,715 FC

MSN 7629

Current Registration C-GMZW Maximum Taxi Weight 24,154 kg / 53,250 lbs

Previous Registration ACRO Maximum Take-Off Weight 23,995 kg / 52,900 lbs

Manufacture Date Febuary 23, 2002 Maximum Landing Weight 21,205 kg / 46,750 lbs Maximum Zero Fuel Weight 19,958 kg / 44,000 lbs

STC's Status Empty Weight 14,547 kg / 32,070 lbs

Cockpit Reinforced Door Installed

16g Interior & WIFI Installed 08-2012 Fuel Capacity MAX Useable Fuel

HF Radio Installed 08-2012 Wing Tanks 5,300 liters / 1,400 US Gal

Under floor Storage Unit Installed 08-2007 Center Tank 2,782 liters / 735 US Gal

Solid State Logo Light Installed 10-2009 Total 8,082 liters / 2,135 US GAL

Airworthiness Directives Status APU

All AD's Complied C/W 1-Apr-14 Manufacture Honeywell

Model GTCP36-150 (RJ)

Part Number 3800488-3 Serial Number P-1142

Interior 16 Seat Executive Leather Time Since New 10,367 Hours

Forward Galley Ovens/Coffee New Cycles Since New 19,572 Cycles

Tires New TSN / CSN at last Shop Visit 10,352 Hours / 19,535 Cycles

Brakes (21/32)(20/32)(20/32)(22/32) TSLSV HRS 15

Paint In Progress CSLSV Cycle 37

Weight & Balance August 2012 Maintenance Schedule On Condition

Avionics Equipment EASA Compliance

Onboard NAV Data Loader Upgrading to USB LH Main Landing Gear Assy RH Main Landing Gear Assy

Ground Air-condition Exterior Connection Side Stay - Uplock - Full Dress Side Stay - Uplock - Full Dress

Fuel Gauges Metric Part Number 17002-113 Part Number 17002-114 Part Number 17008-115 Part Number 17008-115

Nose Landing Gear Next Overhaul Due Part Number 17051-101 Part Number 17051-101

Part Number 16050-111

December 15, 2015

TSN 22,640 Hrs TSN 22,,448 Hrs

Overhaul Date: Dec 12, 2005 CSN 19,422 CSN 19,352

TSN : 25,048 Hours Overhauled Mayl 12, 2012 Overhauled May 14, 2012

CSN: 22,855 Cycles Messier Dowty Next OH DUE : May 12, 2022 Next OH DUE : May 12, 2022

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The information provided is strictly Private and Confidential

LH ENGINE RH ENGINE

Manufacture General Electric Manufacture General Electric

Model CF34-3B1 Model CF34-3B1

Eng Take off Thrust 9,356 LBS Eng Take off Thrust 9,356 LBS

Part Number 6089T11G01 Part Number 6089T11G01

Serial Number 950017 Serial Number 950016

Time Since New 13,783 Hours Time Since New 14,066 Hours

Cycles Since New 11,884 Cycles Cycles Since New 11,977 Cycles

Last Shop Visit 31-Mar-10 Last Shop Visit 12-Oct-09

Last Boroscope 2-Dec-11 Last Boroscope 2-Dec-11

TSLSV 12 Hours TSLSV 12 Hours

CSLSV 5 Cycles CSLSV 5 Cycles

First Limiter 6,109 Cycles First Limiter 6,016 Cycles

Maintenance Status Current FH 18,286 Current CY 15,715 As of Apr 1, 2014

10,000 Hour Base In Progress (FCC) 10000 FH (PENDING MAINT RELEASE FROM FCC)

15,000 Hour Base Due @ 26,229 FH To Go : 7,943 FH

5,000 Hour Base Due @ 20,049 FH To Go : 1,762 FH

12 Month Base In Progress (FCC) 12 MTHS (PENDING MAINT RELEASE FROM FCC)

24 Month Base In Progress (FCC) 24 MTHS (PENDING MAINT RELEASE FROM FCC)

48 Month Base In Progress (FCC) 48 MTHS (PENDING MAINT RELEASE FROM FCC)

72 Month Base In Progress (FCC) 72 MTHS (PENDING MAINT RELEASE FROM FCC)

T72/I48 Month Base In Progress (FCC) T72/48 MTHS (PENDING MAINT RELEASE FROM FCC)

T96/I48 Month Base In Progress (FCC) 48 MTHS (PENDING MAINT RELEASE FROM FCC)

T96/72 Month Base Due Feb 07, 2015 To Go : 198 DAYS

EWIS Base In Progress (FCC) 10,000 FH (PENDING MAINT RELEASE FROM FCC)

1A Line (500 hrs - BBD MPM) In Progress (FCC) 500 FH (PENDING MAINT RELEASE FROM FCC)

2A Line (1000 hrs - BBD MPM) In Progress (FCC) 1000 FH (PENDING MAINT RELEASE FROM FCC)

3A Line (1500 hrs - BBD MPM) In Progress (FCC) 1500 FH (PENDING MAINT RELEASE FROM FCC)

4A Line (2000 hrs - BBD MPM) In Progress (FCC) 2000 FH (PENDING MAINT RELEASE FROM FCC)

5A Line (2500 hrs - BBD MPM) In Progress (FCC) 2500 FH (PENDING MAINT RELEASE FROM FCC)

1C (4000 hrs - BBD MPM) In Progress (FCC) 4000 FH (PENDING MAINT RELEASE FROM FCC)

2C (8000 hrs - BBD MPM) Due @ 23,049 FH To Go : 4,762 FH

3C (12000 hrs - BBD MPM) Due @ 23,229 FH To Go : 4,943 FH

4C (16000 hrs - BBD MPM) In Progress (FCC) 16000 FH (PENDING MAINT RELEASE FROM FCC)

5C (20000 hrs - BBD MPM) Due @ 20,000 FH To Go : 1,713 FH

6C (24000 hrs - BBD MPM) Due @ 24,000 FH To Go : 5,713 FH

Out of Phase Tasks In Progress (FCC) PENDING MAINT RELEASE FROM FCC

Note: The C checks have few task cards / most of C task cards have been intigrated into the Base checks

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