UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT …

UNITED STATES BANKRUPTCY COURTFOR THE DISTRICT OF DELAWARE

In re:

ONE AVIATION CORPORATION, et al.,1

Debtors.

Chapter 11

Case No. 18-12309 (CSS)

GLOBAL NOTES AND METHODOLOGY REGARDING THE DEBTORS’SCHEDULES OF ASSETS AND LIABILITIES AND STATEMENTS OF FINANCIAL

AFFAIRS

These Global Notes and Methodology Regarding the Debtors’ Schedules of Assets andLiabilities and Statements of Financial Affairs (the "Global Notes") are an integral part ofall of the Debtors’ Schedules and Statements (defined below). The Global Notes should bereferred to, considered, and reviewed in connection with any review of the Schedules andStatements. In the event that the Schedules and Statements differ from the Global Notes,

the Global Notes shall control.

Introduction

The Schedules of Assets and Liabilities (the “Schedules” or “SOAL”) and Statements of FinancialAffairs (the “Statements” or “SOFA”) filed by ONE Aviation Corporation and its subsidiaries(“ONE Aviation”) as debtors and debtors in possession in the above-captioned chapter 11 cases(collectively, the “Debtors”) with the United States Bankruptcy Court for the District of Delaware(the “Bankruptcy Court”) were prepared by the Debtors’ management pursuant to section 521 oftitle 11 of the United States Code, 11 U.S.C. §§ 101–1532 (the “Bankruptcy Code”) and Rule 1007of the Federal Rules of Bankruptcy Procedure (the “Bankruptcy Rules”) and are unaudited.

While the Debtors have made every reasonable effort to ensure that their Schedules and Statementsare accurate and complete, based upon information available to them at the time of preparation,inadvertent errors or omissions may exist and the subsequent receipt of information and/or further

1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s tax identification number, asapplicable, are: ONE Aviation Corporation (9649); ACC Manufacturing, Inc. (1364); Aircraft Design Company (1364);Brigadoon Aircraft Maintenance, LLC (9000); DR Management, LLC (8703); Eclipse Aerospace, Inc. (9000);Innovatus Holding Company (9129); Kestrel Aircraft Company, Inc. (2053); Kestrel Brunswick Corporation (6741);Kestrel Manufacturing, LLC (1810); Kestrel Tooling Company (9439); and OAC Management, Inc. (9986). TheDebtors’ corporate headquarters is located at 3250 Spirit Drive SE, Albuquerque, NM 87106.

Case 18-12309-CSS Doc 235 Filed 12/07/18 Page 1 of 51

review and analysis of the Debtors’ books and records may result in changes to financial data andother information contained in the Schedules and Statements.

Michael Wyse, Chairman of the Board of Directors of ONE Aviation Corporation and anauthorized signatory for each of the Debtors, has signed Schedules and Statements. In reviewingand signing the Schedules and Statements, Mr. Wyse relied upon the efforts, statements, andrepresentations of various personnel employed by the Debtors and their advisors. Mr. Wyse hasnot (nor could have) personally verified the accuracy of each statement and representationcontained in the Schedules and Statements, including statements and representations concerningamounts owed to creditors, classification of such amounts, and creditor addresses.

Basis of Presentation. The Schedules and Statements are unaudited and the Debtors do notpurport them to be financial statements prepared in accordance with generally accepted accountingprinciples in the United States of America (“U.S. GAAP”), nor were they reconciled with theDebtors’ financial statements. The Debtors’ financial statements have not been audited since theaudit of the 2016 financial statements; the auditor of the 2016 financial statements did not providea final and signed copy of the audited financial statements. Subsequent financial statements of theDebtors have not been audited. These Schedules and Statements represent the Debtors’ good-faithattempt to comply with the requirements of the Bankruptcy Code and Bankruptcy Rules usingcommercially reasonable efforts and resources available and remain subject to further review andpotential adjustment.

Reservation of Rights. Neither the Debtors nor their advisors who assisted in the preparation ofthe Schedules and Statements guarantee or warrant the accuracy or completeness of the data thatis provided herein, nor shall they be liable for any loss or injury arising out of or caused in wholeor in part by the errors or omissions, negligent or otherwise, in preparing, collecting, reporting, orcommunicating the information contained herein. The Debtors and their advisors do not have anobligation to update, modify, revise, or re-categorize the information provided herein, or to notifyany third party upon such revisions. In no event shall the Debtors or their advisors be liable to anythird party for any direct, indirect, incidental, consequential, or other damages (including, but notlimited to, damages arising from the disallowance of a potential claim against the Debtors ordamages to business reputation, lost business or lost profits), whether foreseeable or not andhowever caused, even if the Debtors or their advisors are advised of the possibility of suchdamages. The Debtors reserve all rights to amend and/or supplement the Schedules and Statementsfrom time to time as is necessary and appropriate.

The failure to designate a claim in the Schedules and Statements as “contingent,” “unliquidated,”or “disputed” does not constitute an admission by the Debtors that such claim or amount is not“contingent,” “unliquidated,” or “disputed.” The Debtors reserve their rights to dispute, or to assertoffsets or defenses to, any claim reflected on their Schedules or Statements on any grounds,including, but not limited to, amount, liability, priority, status, or classification, or to otherwisesubsequently designate any claim as “contingent,” “unliquidated,” or “disputed.” Moreover, theDebtors reserve all of their rights to amend their Schedules and Statements as necessary andappropriate, including, but not limited to, with respect to claim description and designation.

The Debtors have made commercially reasonable efforts to correctly characterize, classify, andcategorize claims, assets, and executory contracts, among other items reported in the Schedules


and Statements. However, due to the complexity and size of the Debtors’ business as well as thesignificant amount of turnover over the last several years, the Debtors may have inadvertentlyimproperly characterized, classified, categorized, or designated certain items. The impact ofpersonnel turnover may have resulted in records for certain historical information being lost ormisplaced thereby impacting the Debtors ability to report on these matters. The Debtors thusreserve all rights to recharacterize, reclassify, recategorize, or redesignate items reported in theSchedules and Statements at a later time as necessary or appropriate as additional informationbecomes available.

Specific Notes. These Global Notes are in addition to the specific notes set forth in the Schedulesand Statements of the individual Debtor entities. The fact that the Debtors have prepared a GlobalNote with respect to a particular Schedule or Statement and not as to others does not reflect andshould not be interpreted as a decision by the Debtors to exclude the applicability of such GlobalNote to any or all of the Debtors’ remaining Schedules or Statements, as appropriate. Disclosureof information in one Schedule, one Statement, or an exhibit or attachment to a Schedule orStatement, even if incorrectly placed, shall be deemed to be disclosed in the correct Schedule,Statement, exhibit, or attachment.

Dates. Unless otherwise noted, all asset and liability balances reported in the Schedules are as ofOctober 9, 2018 (the “Petition Date”).

Valuation. It would be prohibitively expensive, unduly burdensome, and an inefficient use ofestate assets for the Debtors to obtain current market valuations of all of their assets. Accordingly,unless otherwise indicated, the Schedules and Statements reflect net book values as of the PetitionDate. Cash is reported as of the Petition Date on a bank basis. Amounts ultimately realized mayvary from net book value (or whatever value was ascribed) and such variance may be material.Accordingly, the Debtors reserve all of their rights to amend or adjust the value of each asset setforth herein. In addition, the amounts shown for total liabilities exclude items identified as“unknown” or “undetermined” and, thus, ultimate liabilities may differ materially from thosestated in the Schedules and Statements. It should also be noted that the Debtors have already triedto market the assets. Two investment bankers, Duff and Phelps and Guggenheim, ran marketingprocesses of debtor assets. The marketing processes did not result in interested parties expressingsufficient demand to close a transaction with the Debtors.

Quantification of Claims. Amounts that were not readily quantifiable by the Debtors werereported as “undetermined,” which is not intended to reflect the magnitude of the claim.

Claims Paid Pursuant to Court Orders. The Bankruptcy Court authorized the Debtors to paycertain prepetition claims, including but not limited to, certain insurance payments, taxes,employee-related claims, customer claims, and critical vendor claims. Consequently, the Debtorshave paid certain prepetition fixed, liquidated, and undisputed unsecured claims following thePetition Date. As such, claims against the Debtors for prepetition amounts may have been paid asof the time the Debtors filed their Schedules and Statements and may not have been included inthose Schedules and Statements.

Inter-Affiliate Assets and Liabilities. The Debtors have reconciled inter-affiliate amounts owedto and from entities. There may be instances where the Debtors may have inadvertently improperly


characterized, classified, categorized, or designated certain items based upon the informationavailable at the time. As additional information becomes available and further research isconducted, the allocation of amounts due to and from different debtor entities may be updated.The Debtors thus reserve all of their rights to recharacterize, reclassify, recategorize, or redesignateitems reported in the Schedules and Statements at a later time as necessary or appropriate.

Kestrel Aircraft Company, Inc.’s and Subsidiaries’ Historical Depreciation Practices.Kestrel Aircraft Company, Inc. (“Kestrel”) and subsidiaries have historically not depreciated theirassets on a line item basis. As such, the fixed asset values are generally shown at cost.

Liabilities. The Debtors have sought to allocate liabilities between the prepetition and postpetitionperiods based on the information and research conducted in connection with the preparation of theSchedules and Statements. As additional information becomes available and further research isconducted, the allocation of liabilities between the prepetition and postpetition periods maychange. Accordingly, the Debtors reserve all rights to amend, supplement, or otherwise modify theSchedules and Statements as is necessary or appropriate.

Exclusions. The Debtors have excluded certain categories of assets, tax accruals, and liabilitiesfrom the Schedules and Statements, including certain employee-benefit accruals, accrued accountspayable, deferred revenue, and deferred gains. The Debtors have also excluded potential rejection-damage claims of counterparties to executory contracts and unexpired leases that may be rejected,to the extent such damage claims may exist. In addition, the Debtors may have excluded certainimmaterial assets and liabilities.

Causes of Action. The Debtors, despite their good-faith efforts, may not have listed all of theircauses of action against third parties as assets in the Schedules and Statements. The Debtors reserveall of their rights with respect to any causes of action they may have, and neither these GlobalNotes nor the Schedules and Statements shall be deemed a waiver of any such causes of action.

Insiders. For purposes of the Schedules and Statements, the Debtors defined “insiders” pursuantto section 101(31) of the Bankruptcy Code as: (a) directors; (b) officers; (c) persons in control ofthe Debtors; (d) relatives of the Debtors’ directors, officers, or persons in control of the Debtors;and (e) affiliates of the foregoing and the insiders thereof. Persons listed as “insiders” have beenincluded for informational purposes only and by including them in the Schedules, shall notconstitute an admission that those persons are insiders for purposes of section 101(31) of theBankruptcy Code. Moreover, the Debtors do not take any position with respect to: (a) any insider’sinfluence over the control of the Debtors; (b) the management responsibilities or functions of anysuch insider; (c) the decision making or corporate authority of any such insider; or (d) whether theDebtors or any such insider could successfully argue that he or she is not an “insider” underapplicable law or with respect to any theories of liability or for any other purpose.

Payroll Obligations. The Debtors’ record payroll and benefits for all employees, regardless ofthe employer, at Debtor Eclipse Aerospace, Inc. (“Eclipse”).

Leases. In the ordinary course of business, the Debtors may lease certain fixtures and equipmentfrom certain third-party lessors for use in the daily operation of their businesses. The underlyinglease agreements are listed on Schedule G and any current amount due under such leases that were


outstanding as of the Petition Date are listed on Schedule F. Nothing in the Schedules andStatements is or shall be construed as an admission as to the determination of the legal status ofany lease (including whether any lease is a true lease or a financing arrangement), and the Debtorsreserve all rights with respect to such issues.

Litigation. Certain litigation reflected as claims against ONE Aviation or one of its wholly ownedsubsidiaries may relate to any of the other Debtors. The Debtors have made reasonable efforts toaccurately record these actions in the Schedules and Statements of the Debtors that are the partyto the action.

Totals. All totals that are included in the Schedules and Statements represent totals of all theknown amounts included therein.

Employee Addresses. The Debtors listed current employee addresses, including those of officers,as the address of the Debtor where the employee is employed.

Notes to Statement of Financial Affairs

SOFA 1/2. The Debtors’ gross revenue from business represents business revenue before theconsideration of returns, allowances, and sales discounts offered to customers and is inclusive ofintercompany sales amongst Debtors. Year-to-date revenue as of October 8, 2018, is bothpreliminary and subject to material revision.

SOFA 3/4. As described more fully in Debtors’ Motion for Entry of Interim and Final Orders (I)Authorizing Debtors to (A) Continue Existing Cash Management System, (B) ContinueIntercompany Transactions, and (C) Maintain and use Existing Bank Accounts and Check Stock[Docket No. 6], the Debtors maintain a centralized cash-management system in which all Debtors’receipts are directed to accounts managed by Eclipse. Similarly, a vast majority of disbursementsare sent out by bank accounts managed by Eclipse on behalf of other Debtor entities and thereforeare reflected on Eclipse’s SOFA 3. The interbank account cash activity related to the cash-management system has been excluded from SOFA 3 and 4 due to the significant volume andnature of the transactions.

Amounts paid by check are included in SOFA 3 and 4 based on the date of issuance and certainamounts may not have ultimately cleared the Debtors bank accounts due to the cancellation ofchecks as of the Petition Date. Officer compensation, appearing in Exhibits 3 and 4, is gross ofany tax withholding, 401(k) deductions, employee contributions to health insurance, orgarnishments and does not include any employer matching of 401(k) contributions. The employeecompensation paid to insiders is listed on SOFA 4 of the applicable employer despite the fact thatADP is funded from the Eclipse bank account.

Disbursements to ADP made from Eclipse represent the payment of payroll, remittance of payrollrelated taxes, remittances of garnishments to various state agencies, and the payment of ADP


payroll-processing fees. These amounts include payments to insiders that have been scheduledseparately and may be duplicative.

Former and current insiders have received discounted aircraft maintenance, parts, and servicesfrom the Debtors. In many instances there are warranties in place that result in the Debtors beingable to provide the maintenance and / or parts to parties at zero or minimal out-of-pocket cost tothe Debtors. As such, the Debtors have excluded these costs from SOFA 3 and 4. In addition, giventhe nature of the terms of the purchase agreement with North American Jet Charter Group LLCand the business conducted by this entity, where a benefit may have been received through thisentity, these benefits have been excluded. North American Jet Charter Group LLC and the entity’sparent, Orion Aviation Holdings LLC, are third-party entities not affiliated with the Debtors orany current insiders of the Debtors.

SOFA 5. Prior to the Petition Date, the Debtors had numerous assets seized by the Sheriff’sDepartment of Bernalillo County, New Mexico (the “Sherriff’s Department”) related to claimsasserted by Edward Lundeen and Henry and Katheryn Orlosky. Subsequent to the Petition Date,certain of those assets were returned to the Debtors. Only the assets that have not been returned tothe Debtors have been included on SOFA 5. The Debtors have attempted to obtain data from theSheriff’s Department as to the prices that assets have been sold at and the creditors that havereceived the proceeds of the sales. The Sheriff’s Department has provided some information butthe Debtors are still trying to obtain information on the sales proceeds realized and the creditorsthat received the proceeds. As a result, the Debtors have listed the claims of these creditors asunliquidated on Schedule F.

SOFA 6. The Debtors periodically incur certain setoffs in the ordinary course of business. Setoffsin the ordinary course can result from various items including, but not limited to, intercompanytransactions, pricing discrepancies, returns, credits, warranties, refunds, and other disputesbetween the Debtors and their customers and/or suppliers. These normal setoffs are consistent withthe ordinary course of business in the Debtors’ industry. The Debtors do not believe that anyinvoluntary setoffs have occurred within the 90 days preceding the Petition Date but reserve theright to update SOFA question six should they become known.

SOFA 11. The Debtors record fee and expense obligations to restructuring professionals in thebooks and records of the specific entity to which the invoice is addressed rather than the entity thatthe restructuring professionals spent most of their time engaged to assist. However, since thepayments benefited all of the Debtors, the payments are reflected on each of their respectiveStatements.

SOFA 21. In 2017, Eclipse completed a sale of an aircraft to a foreign customer. Eclipsetechnically continues to hold title to the aircraft while the customer is seeking regulatory approvals.The customer has paid for the aircraft and Eclipse removed the aircraft from the books and recordsupon the receipt of payment. Since the Debtors do not possess or control this asset, it was notincluded on SOFA 21.

SOFA 26d. The Debtors initiated sale processes in 2017 and 2018 respectively. The Debtors andtheir advisors uploaded certain unaudited financial information to a data room for potentialinterested parties to review. The list of the parties that had access to the Debtors’ books and records


during that time period is available upon request of the US Trustee as the Debtors have enteredinto non-disclosure agreements with these parties.

SOFA 27. The Debtors do not routinely perform full physical inventory counts. Instead, Eclipsedeveloped a cycle count program to be used in lieu of annual physical inventories, provided thecycle counts were shown to have adequate accuracy. The cycle count program is an SAP-generatedinventory-valuation method at cost that categorizes and then counts certain parts held within theDebtors’ inventories at different frequencies depending on classification to produce a completeinventory value. The cycle count program utilized by the Debtors was previously accepted by theformer external auditor. The formal cycle count program was suspended following the reductionin force in October, 2017. The only other entity that holds inventory is Kestrel. The remainingDebtor entities do not carry inventory on their books.

Notes to the Schedules of Assets and Liabilities

Schedule A/B 15. Eclipse currently holds a non-controlling interest in non-publicly traded sharesof Aspen Avionics, Inc. The Debtors have contacted Aspen Avionics, Inc. to obtain informationon the number of shares held, percentage of the interest in the company, and the value per sharebut have yet to receive a response. As such, the value of this interest is undetermined.

Schedule A/B 19-22. The Debtors have not conducted a physical inventory count since December2012. This physical inventory count reviewed only for a portion of the Debtors’ inventory at thetime.

Schedule A/B 24. The Debtors do not have any ‘perishable’ inventory although there is someinventory which is identified as having finite shelf lives, some of which have passed theirrespective shelf lives since the Petition Date. The Debtors estimate the value of affected inventoryat cost to be less than $15,000.

Schedule A/B 39. The Debtors’ financial statements include a line item for accumulateddepreciation but, other than Eclipse Aerospace, Inc., fixed assets within the Debtors’ financial


statements have not been depreciated on an individual basis and depreciation schedules have notbeen utilized for these fixed assets.

Schedule A/B 49. The assets include but are not limited to experimental planes and flightsimulators used for training exercises. These assets are not manufactured or marketed for sale bythe Debtors in the ordinary course of business.

Schedule A/B 61. The Debtors do not maintain a list indicating the ownership of each of theinternet domain names, as a result, the domain names have been attributed to the various entitiesto the best of the Debtor’s knowledge.

Schedule A/B 72. The Debtors are still in the process of filing certain tax returns registered withvarious governmental taxing authorities, which may result in net operating losses that have not yetbeen identified or registered.

Schedule D. The Debtors reserve the right to dispute or challenge the validity, perfection, orimmunity from avoidance of any lien purported to be granted or perfected in any specific asset toa secured creditor listed on Schedule D of any Debtors. Moreover, although the Debtors may havescheduled claims of various creditors as secured claims, the Debtors reserve all rights to disputeor challenge the secured nature of any such creditor’s claim or the characterization of the structureof any such transaction or any document or instrument (including, without limitation, anyintercompany agreement) related to such creditor’s claim. In certain instances, a Debtor may be aco-obligor, co-mortgagor or guarantor with respect to scheduled claims of other Debtors, and noclaim set forth on Schedule D of any Debtor is intended to acknowledge claims of creditors thatare otherwise satisfied or discharged by other entities. The descriptions provided in Schedule Dare intended only to be a summary. Reference to the applicable loan agreements and relateddocuments is necessary for a complete description of the collateral and the nature, extent, andpriority of any liens. Except as specifically stated herein, real property lessors, utility companiesand other parties which may hold security deposits have not been listed on Schedule D. Certain ofthe Debtors’ agreements listed on Schedule G may be in the nature of conditional sales agreementsor secured financing agreements. No attempt has been made to identify such agreements forpurposes of Schedule D.

Schedule E/F. The listing by the Debtors of any account between a Debtor and another Debtor isa statement of what appears in a particular Debtor’s books and records and does not reflect anyadmission or conclusion of the Debtors regarding the allowance, classification, characterization,validity, or priority of such account. The Debtors take no position in these Schedules andStatements as to whether such accounts would be allowed as a Claim, an Interest, or not allowedat all. The Debtors and all parties in interest reserve all rights with respect to such accounts.

Certain of the claims of state and local taxing authorities set forth in Schedule E/F, ultimately maybe deemed to be secured claims pursuant to state or local laws.

Certain of the claims owing to various taxing authorities to which the Debtors may be liable maybe subject to ongoing audits. The Debtors reserve their right to dispute or challenge whether claimsowing to various taxing authorities are entitled to priority, and the listing of any claim on Schedule


E/F does not constitute an admission that such claim is entitled to priority treatment pursuant tosection 507 of the Bankruptcy Code.

The claims of individual creditors for, among other things, goods, products, services, or taxes arelisted as the amounts entered on the Debtor’s books and records and may not reflect credits,allowances, or other adjustments due from such creditors to the Debtors. The Debtors reserve allof their rights with regard to such credits, allowances, and other adjustments, including the rightto assert claims objections and/or setoffs with respect to the same.

Pursuant to the Final Order (I) Authorizing Debtors to (A) Pay Employee Compensation andBenefits and (B)Maintain and Continue Such Benefits and Other Employee Related Programs And(II) Authorizing Banks and Financial Institutions to Honor and Process Checks and TransfersRelated to Such Payments [Docket No. 115-1], the Bankruptcy Court granted the Debtors authorityto pay or honor certain prepetition obligations for employee wages, salaries, and othercompensation, reimbursable employee expenses, and employee medical and similar benefits. TheDebtors have not listed on Schedule E/F certain wage and wage-related obligations that they havepaid or for which they have been granted authority to pay and intend to pay pursuant to the WagesOrder.

Pursuant to the Final Order (I) Authorizing Debtors to Honor Prepetition Obligations toCustomers and Continue Certain Customer Programs and (II) Authorizing Banks and FinancialInstitutions to Honor and Process Checks and Transfers Related to Such Obligations [Docket No.118], the Bankruptcy Court granted the Debtors authority to pay or honor certain prepetitionobligations owing to customers. The Debtors have not listed on Schedule E/F certain customerwarranty and training obligations that they have paid or for which they have been granted authorityto pay and intend to pay pursuant to the Wage and Customer Program Orders.

Schedule E/F does not include certain deferred charges, deferred liabilities, accruals, or generalreserves. Such amounts are, however, reflected on the Debtor’s books and records as required inaccordance with GAAP. Such accruals are general estimates of liabilities and do not representspecific claims as of the Petition Date. The Debtors have made every effort to include ascontingent, unliquidated, or disputed the Claim of any vendor not included on the Debtors’ openaccounts payable that is associated with an account that has a receipt not invoiced.

The claims listed in Schedule F arose or were incurred on various dates. In certain instances, thedate on which a claim arose is an open issue of fact. While reasonable efforts have been made todetermine the date upon which each claim in Schedule F was incurred or arose, making all suchdeterminations would be unduly burdensome and cost prohibitive and, therefore, the Debtors donot list a date for each claim listed on Schedule F.

In addition, certain claims listed on Schedule F may be entitled to priority under 11 U.S.C.§ 503(b)(9). The Debtors have made their best efforts to include all trade creditors on Schedule F;however, the Debtors believe there are instances where vendors have yet to provide proper invoicesfor prepetition goods or services.

Deferred compensation claims are listed according to the Debtor that employed the employee atthe time of filing or the last employer of the former employee. This is despite the fact that certain


claims were potentially incurred while an employee was employed by multiple other debtorentities.

Schedule G. While commercially reasonable efforts have been made to ensure the accuracy ofSchedule G regarding executory contracts and unexpired leases, inadvertent errors, omissions, orover-inclusions may have occurred. The Debtors reserve all of their rights to dispute the validity,status or enforceability of any contracts, agreements, or leases set forth in Schedule G and to amendor supplement such Schedule as necessary.

The contracts, agreements, and leases listed on Schedule G may have expired or may have beenextended by evergreen clauses, modified, amended, and supplemented from time to time byvarious amendments, restatements, waivers, estoppel certificates, letter, and other documents,instruments, and agreements which may not be listed therein.

In the ordinary course of business, the Debtors have entered into numerous agreements, bothwritten and oral, regarding the provision of certain services on a month-to-month basis, as well aspurchase orders. The Debtors generally do not believe that such agreements constitute executorycontracts and therefore, such agreements are not listed individually on Schedule G. Nevertheless,the Debtors reserve the right to assert that such agreements constitute executory contracts.

In some cases, the same supplier or provider may have multiple agreements listed in Schedule G.These agreements represent distinct agreements between the applicable Debtor and such supplieror provider and will be listed as multiple contracts under the same counterparty.

Certain of the leases and contracts listed on Schedule G may contain certain renewal options,guarantees of payment, options to purchase, rights of first refusal, and other miscellaneous rights.Such rights, powers, duties, and obligations are not set forth on Schedule G. In addition, theapplicable Debtor may have entered into various other types of agreements in the ordinary courseof their business, such as easements, right of way, subordination, nondisturbance and attornmentagreements, supplemental agreements, amendments/letter agreements, title agreements, andconfidentiality agreements. Such documents may not be set forth on Schedule G.

In addition, certain of the agreements listed on Schedule G may be in the nature of conditionalsales agreements or secured financings. The Debtors reserve all rights to dispute or challenge thecharacterization of the structure of any transaction, or any document or instrument (including,without limitation, any intercompany agreement) related to claims against or interest in anyDebtor. Finally certain of the executory agreements may not have been memorialized and couldbe subject to dispute.

Listing a contract or agreement on this schedule does not constitute, and should not be deemed tobe, an admission that such contract or agreement is an executory contract or unexpired lease. Anyand all of the Debtors’ rights, claims, and causes of action with respect to the contracts andagreements listed on this schedule are hereby reserved and preserved. Similarly, the listing of a


contract or lease on this schedule does not constitute an admission that such document is not asecured financing.

Absence of listing expired executory contracts on the Schedules does not constitute a waiver ofsurvival terms and conditions of such experienced contracts. Any survival terms remain in fullforce and effect. The Debtors reserve all their rights and reservations.


Debtor name ONE Aviation Corporation

United States Bankruptcy Court for the: District of Delaware

Fill in this information to identify the case:

Case number (If known): 18-12309

$0

Check if this is an

amended filingOfficial Form 206Sum

Summary of Assets and Liabilities for Non-Individuals 12/15

Part 1: Summary of Assets

1. Schedule A/B: Assets–Real and Personal Property (Official Form 206A/B)

1a. Real property:

1b. Total personal property:

1c. Total of all property:

Part 2: Summary of Liabilities

2. Schedule D: Creditors Who Have Claims Secured by Property (Official Form 206D)

3. Schedule E/F: Creditors Who Have Unsecured Claims (Official Form 206E/F)

3a. Total claim amounts of priority unsecured claims:

3b. Total amount of claims of nonpriority amount of unsecured claims:

4. Total liabilities

$0.00

$33,680,865.81

$33,680,865.81

$11,885.49

$64,684,170.14

$0.00

$64,696,055.63

Lines 2 + 3a + 3b

Copy line 88 from Schedule A/B...................................................................................................

Copy line 91A from Schedule A/B................................................................................................

Copy line 92 from Schedule A/B...................................................................................................

Copy the total dollar amount listed in Column A, Amount of claim, from line 3 of Schedule

D............................................................................................................................................................

Copy the total claims from Part 1 from line 5a of Schedule E/F....................................................

Copy the total of the amount of claims from Part 2 from line 5b of Schedule

E/F....................................................................................................................................................

..................................................................................................................................

+ Undetermined

+ Undetermined

+ Undetermined

+ Undetermined

+ Undetermined

page 1Summary of Assets and Liabilities for Non-IndividualsOfficial Form 206


NONE

NONE

Part 1: Cash and cash equivalents

0.00

0.00

Disclose all property, real and personal, which the debtor owns or in which the debtor has any other legal, equitable, or future interest.

Include all property in which the debtor holds rights and powers exercisable for the debtor's own benefit. Also include assets and properties

which have no book value, such as fully depreciated assets or assets that were not capitalized. In Schedule A/B, list any executory contracts or

unexpired leases. Also list them on Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G).

Official Form 206A/B

Schedule A/B: Assets — Real and Personal Proper ty

Be as complete and accurate as possible. If more space is needed, attach a separate sheet to this form. At the top of any pages added, write the

debtor’s name and case number (if known). Also identify the form and line number to which the additional information applies. If an

additional sheet is attached, include the amounts from the attachment in the total for the pertinent part.

For Part 1 through Part 11, list each asset under the appropriate category or attach separate supporting schedules, such as a fixed asset

schedule or depreciation schedule, that gives the details for each asset in a particular category. List each asset only once. In valuing the

debtor’s interest, do not deduct the value of secured claims. See the instructions to understand the terms used in this form.

Check if this is an

amended filing

12/15

1. Does the debtor have any cash or cash equivalents

All cash or cash equivalents owned or controlled by the debtor Current value of debtor’s

interest

No. Go to Part 2.

Yes. Fill in the information below.

2. Cash on hand

3. Checking, savings, money market, or financial brokerage accounts (Identify all)

4. Other cash equivalents (Identify all)

5. Total of Part 1

Add lines 2 through 4 (including amounts on any additional sheets). Copy the total to line 80.





Name of institution (bank or brokerage firm) Type of account Last 4 digits of account number

$

$

$ 0.00

$ 0.00

Official Form 206A/B Schedule A/B: Assets — Real and Personal Property Page 1 of 9


NONE

NONE

NONE 0.00

0.00

0.00

0.00

0.00

Part 4: Investments

Part 3: Accounts receivable

Part 2: Deposits and prepayments

6. Does the debtor have any deposits or prepayments?

No. Go to Part 3.


7. Deposits, including security deposits and utility deposits

9. Total of Part 2.

Add lines 7 through 8. Copy the total to line 81.

Description, including name of holder of deposit

8. Prepayments, including prepayments on executory contracts, leases, insurance, taxes, and rent

Description, including name of holder of deposit

10. Does the debtor have any accounts receivable?

Current value of

debtor’s interest

No. Go to Part 4.


12. Total of Part 3

Current value on lines 11a + 11b = line 12. Copy the total to line 82.

0.00

0.00

13. Does the debtor own any investments?

Valuation method

used for current value

No. Go to Part 5.


14. Mutual funds or publicly traded stocks not included in Part 1Name of fund or stock:

Current value of

debtor’s interest

Current value of

debtor’s interest

$

$

$

11. Accounts receivable

11a. 90 days old or less:

11b. Over 90 days old:

+ Undetermined + Undetermined

face amount doubtful or uncollectible accounts

-

+ Undetermied + Undetermined

face amount doubtful or uncollectible accounts

-

$

$

$

$

$

$

$

$

=

=

Official Form 206A/B Schedule A/B: Assets — Real and Personal Property Page 2 of 9


0.00

Part 5: Inventory, excluding agr iculture assets

18. Does the debtor own any inventory (excluding agriculture assets)

Valuation method used

for current value

No. Go to Part 6.


Current value of

debtor’s interest

General description Date of the last

physical inventory

Net book value of

debtor's interest

19. Raw materials

20. Work in progress

21. Finished goods, including goods held for resale

22. Other inventory or supplies

23. Total of Part 5


24. Is any of the property listed in Part 5 perishable?

No

Yes

25. Has any of the property listed in Part 5 been purchased within 20 days before the bankruptcy

was filed?

No

Yes. Book value ____________________ Valuation method ___________________________ Current value ____________________

26. Has any of the property listed in Part 5 been appraised by a professional within the last year?

No

Yes

0.00

NONE 0.00 0.00

MM / DD / YYYY

$

NONE 0.00 0.00

MM / DD / YYYY

$

NONE 0.00 0.00

MM / DD / YYYY

$

NONE 0.00

MM / DD / YYYY

$

$

$

$

$

$

See Exhibit 15 - Non-Publicly Traded Stock 0.00

Name of fund or stock: % of ownership:

15. Non-publicly traded stock and interests in incorporated and unincorporated businesses,

including any interest in an LLC, partnership, or joint venture

$%

NONE 0.00

17. Total of Part 4Add lines 14 through 16. Copy the total to line 83.

0.00

Describe:

$

$

+ Undetermined

16. Government bonds, corporate bonds, and other negotiable and non-negotiable instruments not

included in Part 1

+ Undetermined

Schedule A/B: Assets — Real and Personal Property Page 3 of 9Official Form 206A/B


Part 6: Farming and fishing-related assets (other than titled motor vehicles and land)

27. Does the debtor own or lease any farming and fishing-related assets (other than titled motor

vehicles and land)?


for current value

No. Go to Part 7.


Current value of

debtor’s interest

General description Net book value of

debtor's interest

28. Crops—either planted or harvested

29. Farm animals Examples: Livestock, poultry, farm-raised fish

30. Farm machinery and equipment (Other than titled motor vehicles)

32. Other farming and fishing-related property not already listed in Part 6

0.0033 . Total of Part 6

Add lines 28 through 32. Copy the total to line 85..

34. Is the debtor a member of an agricultural cooperative?

No

Yes. Is any of the debtor’s property stored at the cooperative?

No

Yes

35. Has any of the property listed in Part 6 been purchased within 20 days before the bankruptcy

was filed?

Yes. Book value ____________________ Valuation method ___________________________ Current value ____________________

36. Is a depreciation schedule available for any of the property listed in Part 6?

No

Yes

37. Has any of the property listed in Part 6 been appraised by a professional within the last year

No

Yes

No

NONE 0.00 0.00$ $

NONE 0.00 0.00$ $

NONE 0.00 0.00$ $

NONE 0.00 0.00$ $

NONE 0.00 0.00$ $

$

(Where available)

31. Farm and fishing supplies, chemicals, and feed

Schedule A/B: Assets — Real and Personal Property Page 4 of 9Official Form 206A/B


Part 8: Machinery, equipment, and vehicles


No

Yes


No

Yes

46. Does the debtor own or lease any machinery, equipment, or vehicles?


for current value

No. Go to Part 9.


Current value of

debtor’s interest

General description

Include year, make, model, and identification numbers (i.e.,

VIN, HIN, or N-number)

Net book value of

debtor's interest

47. Automobiles, vans, trucks, motorcycles, trailers, and titled farm vehicles

NONE 0.00 0.00$ $

Part 7: Office furniture, fixtures, and equipment; and collectibles

38. Does the debtor own or lease any office furniture, fixtures, equipment, or collectibles?


for current value

No. Go to Part 8.


Current value of

debtor’s interest


debtor's interest

39. Office furniture

40. Office fixtures

41. Office equipment, including all computer equipment and communication systems equipment and

software

42. Collectibles Examples: Antiques and figurines; paintings, prints, or other artwork; books, pictures,

or other art objects; china and crystal; stamp, coin, or baseball card collections; other collections,

memorabilia, or collectibles

43. Total of Part 7.


0.00

NONE 0.00 0.00$ $

NONE 0.00 0.00$ $

NONE 0.00 0.00$ $

NONE 0.00 0.00$ $

$

(Where available)

Schedule A/B: Assets — Real and Personal PropertyOfficial Form 206A/B Page 5 of 9


Part 9: Real proper ty

48. Watercraft, trailers, motors, and related accessories Examples: Boats, trailers, motors, floating

homes, personal watercraft, and fishing vessels

49. Aircraft and accessories

50. Other machinery, fixtures, and equipment (excluding farm machinery and equipment)




No

Yes


No

Yes

0.00

54. Does the debtor own or lease any real property?

No. Go to Part 10.


55. Any building, other improved real estate, or land which the debtor owns or in which the

debtor has an interest

Valuation method

used for current value

Current value of

debtor’s interest

Description and location of property Net book value of

debtor's interestInclude street address or other description such as

Assessor Parcel Number (APN), and type of property (for

example, acreage, factory, warehouse, apartment or office

building), if available.


Add the current value on lines 55.1 through 55.6 and entries from any additional sheets.

Copy the total to line 88.


No

Yes


No

Yes

0.00

Nature and

extent of debtor's

interest in

property

NONE 0.00 0.00$ $

NONE 0.00 0.00$ $

NONE 0.00 0.00$ $

NONE 0.00 0.00$ $

$

$



Part 11: All other assets

70. Does the debtor own any other assets that have not yet been reported on this form?

No. Go to Part 12.


Include all interests in executory contracts and unexpired leases not previously reported on this form.

Part 10: Intangibles and intellectual proper ty

59. Does the debtor have any interests in intangibles or intellectual property?


for current value

No. Go to Part 11.


Current value of

debtor’s interest


debtor's interest

60. Patents, copyrights, trademarks, and trade secrets

61. Internet domain names and websites

62. Licenses, franchises, and royalties

63. Customer lists, mailing lists, or other compilations

64. Other intangibles, or intellectual property

65. Goodwill



0.00

67. Do your lists or records include personally identifiable information of customers (as defined in

11 U.S.C. §§ 101(41A) and 107)?

No

Yes

68. Is there an amortization or other similar schedule available for any of the property listed in Part 10?No

Yes


No

Yes

NONE 0.00 0.00$ $

See Exhibit 61 - Internet Domain Names 0.00 0.00$ $

NONE 0.00 0.00$ $

NONE 0.00 0.00$ $

NONE 0.00 0.00$ $

NONE 0.00 0.00$ $

$

(Where available)

+ Undetermined

+ Undetermined + Undetermined



Amount requested

Nature of claim

Amount requested

Nature of claim

Current value of

debtor’s interest71. Notes receivableDescription (include name of obligor)

72. Tax refunds and unused net operating losses (NOLs)

Description (for example, federal, state, local)

73. Interests in insurance policies or annuities

74. Causes of action against third parties (whether or not a lawsuit has been filed)

75. Other contingent and unliquidated claims or causes of action of every nature, including

counterclaims of the debtor and rights to set off claims

76. Trusts, equitable or future interests in property

77. Other property of any kind not already listed Examples: Season tickets, country club membership



33,680,865.81


No

Yes

See Exhibit 72 - Tax Refund 0.00Tax year $

See Exhibit 73 - Insurance 0.00$

See Exhibit 74 - Cause of Action 0.00

NONE 0.00

NONE 0.00$

NONE 0.00$

$

+ Undetermined

$

$

33,680,865.81$33,680,865.81 0.00

Total face amount doubtful or uncollectible accounts

-See Exhibit 71 - Notes Receivable

$

$

+ Undetermined

+ Undetermined

+ Undetermined

=$ $



Part 12: Summary

Current value

of real property

Type of property Current value of

personal property

In Part 12 copy all of the totals from the earlier parts of the form.

80. Cash, cash equivalents, and financial assets.Copy line 5, Part 1.

81. Deposits and prepayments. Copy line 9, Part 2.

82. Accounts receivable. Copy line 12, Part 3.

83. Investments. Copy line 17, Part 4.

84. Inventory. Copy line 23, Part 5.

85. Farming and fishing-related assets. Copy line 33, Part 6.

86. Office furniture, fixtures, and equipment; and collectibles.

Copy line 43, Part 7.

87. Machinery, equipment, and vehicles. Copy line 51, Part 8.

88. Real property. Copy line 56, Part 9...............................................................

.

89. Intangibles and intellectual property. Copy line 66, Part 10.

90. All other assets. Copy line 78, Part 11.

91. Total. Add lines 80 through 90 for each column. ....................................... 91a.

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

33,680,865.81

33,680,865.81 0.00

92. Total of all property on Schedule A/B. Lines 91a + 91b = 92.........................................................................

.

91b.

33,680,865.81

$

$

$

$

$

$

$

$

$

$

$

$

$

+ Undetermined

+ Undetermined

+ Undetermined

+ Undetermined

$

+ Undetermined



Name of entity % of ownership

PART 4, EXHIBIT 15 - NON-PUBLICLY TRADED STOCK AND INTERESTS(Continuation Sheet)

ONE Aviation CorporationDebtor _______________________________________________ , Case number ______________________

_Name

(if known) 18-12309

Valuation method used for

current value

Current value of

debtor's interest

ACC Manufacturing, Inc.15.1 100.0% N/A + Undetermined

Aircraft Design Company15.2 100.0% N/A + Undetermined

Eclipse Aerospace, Inc.15.3 100.0% N/A + Undetermined

Innovatus Holding Company15.4 100.0% N/A + Undetermined

OAC Management, Inc.15.5 100.0% N/A + Undetermined

Total $0.00

+ Undetermined

Sheet no. 1 of 1 continuation sheets



for current value

Current value of

debtor’s interest


debtor's interest

PART 10, EXHIBIT 61 - INTERNET DOMAIN NAMES(Continuation Sheet)


_Name

(if known) 18-12309

oneaviation.us + Undetermined + Undetermined61.1

oneaviation.training + Undetermined + Undetermined61.2

oneaviation.org + Undetermined + Undetermined61.3

oneaviation.net + Undetermined + Undetermined61.4

one-aviation.com + Undetermined + Undetermined61.5

oneaviation.aero + Undetermined + Undetermined61.6

1aviation.net + Undetermined + Undetermined61.7

phostrex.com + Undetermined + Undetermined61.8

Total Current Value $0.00

+ Undetermined

Total Net Book Value $0.00

+ Undetermined



Current value of

debtor’s interest

Description (including name of obligor)

PART 11, EXHIBIT 71 - NOTES RECEIVABLES(Continuation Sheet)


_Name

(if known) 18-12309

$21,224,367.75 $0.00

Total face amount doubtful or

uncollectible amount

- $21,224,367.75Inter affiliate amount owed by Eclipse Aerospace, Inc. =

$9,421,207.06 $0.00



- $9,421,207.06Inter affiliate amount owed by OAC Management, Inc. =

$2,951,691.00 $0.00



- $2,951,691.00Inter affiliate amount owed by Kestrel Aircraft Company =

$58,000.00 $0.00



- $58,000.00Inter affiliate amount owed by Kestrel Manufacturing, LLC =

$15,000.00 $0.00



- $15,000.00Inter affiliate amount owed by Innovatus Holding Company =

$10,600.00 $0.00



- $10,600.00Inter affiliate amount owed by ACC Manufacturing, Inc. =

Total $33,680,865.81



Current value of

debtor’s interest

General Description

PART 11, EXHIBIT 72 - TAX REFUNDS AND NET OPERATING LOSSES(Continuation Sheet)


_Name

(if known) 18-12309

AmountType Tax year

Unknown + Undetermined + Undetermined72.1

Total $0.00

+ Undetermined



Current value of

debtor’s interestGeneral description

PART 11, EXHIBIT 73 - INSURANCE POLICIES OR ANNUITIES(Continuation Sheet)


_Name

(if known) 18-12309

Policy type Policy number

Homeland Insurance Company of New York + UndeterminedProperty 79500718573.1

Mitsui Sumitomo Insurance USA, Inc. + UndeterminedAVPROD ACQP17000390273.2

Old Republic Insurance Company + UndeterminedAVPROD MP0001120373.3

QBE Insurance Corporation + UndeterminedAVPROD QML000018873.4

Starr Surplus Lines Insurance Company + UndeterminedAVPROD TBD73.5

Lloyds of London + UndeterminedWAR AVLON180042773.6

Lloyds of London + UndeterminedAviation Liability AVLON180042673.7

Euclid/Wesco Ins. Co. + UndeterminedDirectors & Officers EUW14189450073.8

Chubb/Federal Ins. Co. + UndeterminedFiduciary 8243675473.9

Chubb/Federal Ins. Co. + UndeterminedDirectors & Officers 8243675473.10

Euclid/Wesco Ins. Co. + UndeterminedFiduciary EUW14189450073.11

Chubb/Federal Ins. Co. + UndeterminedCrime 8243675473.12

Chubb/Federal Ins. Co. + UndeterminedSpecial Risk 8243675473.13

HCC/U.S. Specialty Ins. Co. + Undetermined1st Excess Directors & Officers 14-MGU-15-A356973.14

Hiscox Ins. Co. + Undetermined2nd Excess Directors & Officers UDA16243191573.15

Allied World Assurance Company (U.S.) Inc. + UndeterminedProperty 0309-9708-1A73.16

Granite State Insurance Company + UndeterminedBA73.17

Evanston Insurance Company + UndeterminedProperty MKLV12XP00237573.18

Commerce and Industry Insurance Company + UndeterminedAVPROD PL18599570973.19



Current value of

debtor’s interestGeneral description

PART 11, EXHIBIT 73 - INSURANCE POLICIES OR ANNUITIES(Continuation Sheet)


_Name

(if known) 18-12309

Policy type Policy number

Total $0.00

+ Undetermined



Current value of

debtor’s interest

General description

PART 11, EXHIBIT 74 - CAUSES OF ACTION AGAINST THIRD PARTIES(Continuation Sheet)


_Name

(if known) 18-12309

Nature of claim Amount requested

Mason Holland-Lender dispute + UndeterminedTortious interference + Undetermined74.1

Resurgent Aviation Solutions, LLC / Cary Winter + UndeterminedTort int; contract breach + Undetermined74.2

Kenneth Ross-Business Dispute + UndeterminedTort int; contract breach + Undetermined74.3

Traverse, LLC - Business Dispute + UndeterminedBreach of contract + Undetermined74.4

North American Jet Charter Group, LLC-Business dispute + UndeterminedBreach of contract + Undetermined74.5

Total $0.00

+ Undetermined



Check if this is an

amended filingOfficial Form 206D

Schedule D: Creditors Who Have Claims Secured by Proper ty 12/15

Be as complete and accurate as possible.

Part 1: List Creditors Who Have Secured Claims

2. List in alphabetical order all creditors who have secured claims.

1. Do any creditors have claims secured by debtor’s property?

Yes. Fill in all of the information below.

No. Check this box and submit page 1 of this form to the court with debtor’s other schedules. Debtor has nothing else to report on

this form.

If a creditor has more than one secured claim, list the creditor separately for each claim.





Official Form 206D Schedule D: Creditors Who Have Claims Secured by Property Page 1 of 2


Part 2: List Others to Be Notified for a Debt Already Listed in Par t 1

List in alphabetical order any others who must be notified for a debt already listed in Part 1.

Examples of entities that may be listed are collection agencies, assignees of claims listed above, and

attorneys for secured creditors.

If no others need to be notified for the debts listed in Part 1, do not fill out or submit this page. If

additional pages are needed, copy this page.

Official Form 206D Schedule D: Creditors Who Have Claims Secured by Property Page 2 of 2


Check if this is an

amended filingOfficial Form 206E/F

Schedule E/F: Creditors Who Have Unsecured Claims 12/15

Be as complete and accurate as possible. Use Part 1 for creditors with PRIORITY unsecured claims and Part 2 for creditors with

NONPRIORITY unsecured claims. List the other party to any executory contracts or unexpired leases that could result in a claim. Also

list executory contracts on Schedule A/B: Assets - Real and Personal Property (Official Form 206A/B) and on Schedule G: Executory

Contracts and Unexpired Leases (Official Form 206G). Number the entries in Parts 1 and 2 in the boxes on the left. If more space is

needed for Part 1 or Part 2, fill out and attach the Additional Page of that Part included in this form.

1. Do any creditors have priority unsecured claims? (See 11 U.S.C. § 507).

Part 1: List All Creditors with PRIORITY Unsecured Claims

Yes. Go to line 2.

2. List in alphabetical order all creditors who have unsecured claims that are entitled to priority in whole or in

part. If the debtor has more than 3 creditors with priority unsecured claims, fill out and attach the Additional

Page of Part 1.

No. Go to Part 2.





8

+ Undetermined+ Undetermined

Taxing Authority

36132-7431ALMontgomery

Alabama Dept. of Revenue Business Privilege Tax

PO Box 327431

Yes

No

Is the claim subject to offset?

Basis for the claim:

Disputed

Unliquidated

Contingent

Specify Code subsection of PRIORITY

unsecured

claim: 11 U.S.C. § 507(a) (______)

Last 4 digits of account

number

Date or dates debt was incurred

Check all that apply.

As of the petition filing date, the

claim is:

2.13 Priority creditor’s name and mailing address

8

Total claim Priority amount

Official Form 206E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 1 of 14


8


Taxing Authority

36132-7430ALMontgomery

Alabama Dept. of Revenue Corporate Tax Section

PO Box 327430

Yes

No



Disputed

Unliquidated

Contingent


unsecured

claim: 11 U.S.C. § 507(a) (______)


number




claim is:


8


8


Taxing Authority

78714-9355TXAustin

Comptroller of Public Accounts

PO Box 149355

Yes

No



Disputed

Unliquidated

Contingent


unsecured

claim: 11 U.S.C. § 507(a) (______)


number




claim is:


8


8


Taxing Authority

06115-0406CTHartford

PO Box 150406

Department of Revenue Services

State of Connecticut

Yes

No



Disputed

Unliquidated

Contingent


unsecured

claim: 11 U.S.C. § 507(a) (______)


number




claim is:


8




8


Taxing Authority

32314FLTallahassee

PO Box 6327

Florida Department of State

Division of Corporations

Yes

No



Disputed

Unliquidated

Contingent


unsecured

claim: 11 U.S.C. § 507(a) (______)


number




claim is:


8


8


Taxing Authority

62794-9008ILSpringfield

Illinois Department Of Revenue

PO Box 19008

Yes

No



Disputed

Unliquidated

Contingent


unsecured

claim: 11 U.S.C. § 507(a) (______)


number




claim is:


8


8


Taxing Authority

04332-1065MEAugusta

Maine Revenue Services

PO Box 1065

Yes

No



Disputed

Unliquidated

Contingent


unsecured

claim: 11 U.S.C. § 507(a) (______)


number




claim is:


8




8


Taxing Authority

55146-5140MNSt. Paul

Mail Station 5140

Minnesota Department of Revenue

Corporation Franchise Tax

Yes

No



Disputed

Unliquidated

Contingent


unsecured

claim: 11 U.S.C. § 507(a) (______)


number




claim is:


8


8


Taxing Authority

27640-0640NCRaleigh

North Carolina Department of Revenue

PO Box 25000

Yes

No



Disputed

Unliquidated

Contingent


unsecured

claim: 11 U.S.C. § 507(a) (______)


number




claim is:


8


8


Taxing Authority

29214-0033SCColumbia

South Carolina Department of Revenue Corporate

PO Box 125

Yes

No



Disputed

Unliquidated

Contingent


unsecured

claim: 11 U.S.C. § 507(a) (______)


number




claim is:


8




8

+ Undetermined$11,885.49

Taxing Authority

78714-9348TXAustin

Texas Comptroller of Public Accounts

PO Box 149348

Yes

No



Disputed

Unliquidated

Contingent


unsecured

claim: 11 U.S.C. § 507(a) (______)


number




claim is:


8


8


Taxing Authority

94240-0001CASacramento

California Franchise Tax Board

PO Box 942840

Yes

No



Disputed

Unliquidated

Contingent


unsecured

claim: 11 U.S.C. § 507(a) (______)


number




claim is:


8


8


Taxing Authority

94279-0001CASacramento

California State Board of Equalization

PO Box 942879

Yes

No



Disputed

Unliquidated

Contingent


unsecured

claim: 11 U.S.C. § 507(a) (______)


number




claim is:


8






Part 2: List All Creditors with NONPRIORITY Unsecured Claims

3. List in alphabetical order all of the creditors with nonpriority unsecured claims. If the debtor has more than

6 creditors with nonpriority unsecured claims, fill out and attach the Additional Page of Part 2.

Nonpriority creditor’s name and mailing address3.1



number

Contingent

Unliquidated

Disputed



No

Yes

PO Box 1045

Alan Klapmeier

Proctor MN 55810

Loan provided to Debtor

$200,000.00

Amount of claim

As of the petition filing date, the claim is:





number

Contingent

Unliquidated

Disputed



No

Yes

100 Park Avenue, P.O. Box 1389

Chicago Executive Airport

Rockford IL 61105-1389

Litigation

+ Undetermined

Amount of claim






number

Contingent

Unliquidated

Disputed



No

Yes

14 WALL STREET

CITIKING INTERNATIONAL US, LLC

20TH FLOOR

NEW YORK NY 10005

First Lien Term Loan

$48,569,875.62

Amount of claim








number

Contingent

Unliquidated

Disputed



No

Yes

14 WALL STREET

CITIKING INTERNATIONAL US, LLC

20TH FLOOR

NEW YORK NY 10005

First Lien Revolver

$11,126,843.89

Amount of claim






number

Contingent

Unliquidated

Disputed



No

Yes

3250 Spirit Drive SE

Eclipse Aerospace, Inc.

Albuquerque NM 87106

Inter affiliate amount owed

$3,295,600.90

Amount of claim






number

Contingent

Unliquidated

Disputed



No

Yes

ATTN: DANIEL A. WHITE & BENJAMIN A. JA

Henry and Katheryn Orlosky

1122 CENTRAL AVE SW STE 1

ALBUQUERQUE NM 87102

Litigation

+ Undetermined

Amount of claim








number

Contingent

Unliquidated

Disputed



No

Yes

200 W Madison St

Kaplan Massamillo & Andrews, LLC

16FL

Chicago IL 60606

Litigation

+ Undetermined

Amount of claim






number

Contingent

Unliquidated

Disputed



No

Yes

5701 BALLOON FIESTA

Blue Cross Blue Shield of New Mexico

PARKWAY NE

ALBUQUERQUE NM 87113

Benefit Provider

$222,107.51

Amount of claim






number

Contingent

Unliquidated

Disputed



No

Yes

1128 COUNTRY ROAD 900 E

Kevin Bogner

CHAMPAIGN IL 61822

Litigation

+ Undetermined

Amount of claim








number

Contingent

Unliquidated

Disputed



No

Yes

3899 NW 7th St

Neelu Aviation, LLC

2nd floor

Miami FL 33126

Litigation

+ Undetermined

Amount of claim






number

Contingent

Unliquidated

Disputed



No

Yes


OAC Management, Inc.



$483,500.00

Amount of claim






number

Contingent

Unliquidated

Disputed



No

Yes


OAC Management, Inc.



+ Undetermined

Amount of claim








number

Contingent

Unliquidated

Disputed



No

Yes

PO Box 1045

Steven Serfling

Proctor MN 55810

Deferred Compensation

$530,004.07

Amount of claim






number

Contingent

Unliquidated

Disputed



No

Yes

ATTN: DISPLAY DEPARTMENT

Trade-A-Plane

PO BOX 509

CROSSVILLE TN 38557

Litigation

+ Undetermined

Amount of claim






number

Contingent

Unliquidated

Disputed



No

Yes

PO BOX 4187

Traverse LLC

MISSION VIEJO CA 92690

Professional Services

$214,238.16

Amount of claim








number

Contingent

Unliquidated

Disputed



No

Yes

20 ENCINO AVE

Via, Mikael

CAMARILLO CA 93010

Deferred compensation

$42,000.00

Amount of claim





Part 3: List Others to Be Notified About Unsecured Claims

4. List in alphabetical order any others who must be notified for claims listed in Parts 1 and 2. Examples of

entities that may be listed are collection agencies, assignees of claims listed above, and attorneys for unsecured

creditors.

If no others need to be notified for the debts listed in Parts 1 and 2, do not fill out or submit this page. If additional pages are needed, copy the

next page.

5600 NORTH RIVER ROAD

SUITE 400

ROSEMONT IL 60018

Line

Not Listed. Explain

Name and mailing address On which line in Part 1 or Part 2 is the

related creditor (if any) listed?

Last 4 digits of

account number, if any

Attention Gregory A Taylor, Esq.

Ashby & Geddes, P.A.

500 Delaware Avenue, 8th Floor, P.O. Box 1150

Wilmington DE 19899-1150

Line

Not Listed. Explain



Last 4 digits of


Attention Gregory A Taylor, Esq.

Ashby & Geddes, P.A.

500 Delaware Avenue, 8th Floor, P.O. Box 1150

Wilmington DE 19899-1150

Line

Not Listed. Explain



Last 4 digits of


Attention Thomas A Pitta, Esq.

Emmet, Marvin & Martin LLP

120 Broadway 32nd Floor

New York NY 10271

Line

Not Listed. Explain



Last 4 digits of


Attention Thomas A Pitta, Esq.

Emmet, Marvin & Martin LLP

120 Broadway 32nd Floor

New York NY 10271

Line

Not Listed. Explain



Last 4 digits of




Part 4: Total Amounts of the Pr ior ity and Nonpr ior ity Unsecured Claims

5. Add the amounts of priority and nonpriority unsecured claims.

Total of claim amounts

5a. Total claims from Part 1

5b. Total claims from Part 2

5c. Total of Parts 1 and 2

Lines 5a + 5b = 5c.

5a.

5b.

5c.

+

$11,885.49

$64,684,170.14

$64,696,055.63

+ Undetermined

+ Undetermined

+ Undetermined



Check if this is an

amended filingOfficial Form 206G

Schedule G: Executory Contracts and Unexpired Leases 12/15

Be as complete and accurate as possible. If more space is needed, copy the additional page, numbering the entries consecutively.

1. Does the debtor have any executory contracts or unexpired leases

No. Check this box and file this form with the court with the debtor’s other schedules. There is nothing else to report on this form.

Yes. Fill in the information below even if the contracts or leases are listed on Schedule A/B: Assets - Real and Personal Property

(Official Form 206A/B).





2. List all contracts and unexpired leases State the name and mailing address for all other

parties with whom the debtor has an executory

contract or unexpired lease

SEE ATTACHEDState what the contract or lease

is for and the nature of the

debtor’s interest

State the term remaining

List the contract number of

any government contract

2.

Official Form 206G Schedule G: Executory Contracts and Unexpired Leases Page 1 of 1


Debtor Name: ONE Aviation Corporation Schedule G: Executory Contracts and Unexpired Leases Case No. 18-12309

Creditor's Name Address_1 Address_2 City State Zip Country Description Expiration Date1763522 Ontario Ltd 1086 Pleasantview Drive London Ontario N5X 4K3 Canada Non-Disclosure Agreement UndeterminedACK Technologies Inc 3158 Hoover Road Wichita KS 67215 USA Non-Disclosure Agreement UndeterminedAcme Aerospace, Inc. 528 West 21st St. Tempe AZ 85282 USA Non-Disclosure Agreement UndeterminedAcme Aerospace, Inc. 528 West 21st St. Tempe AZ 85282 USA Non-Disclosure Agreement UndeterminedAernnova Compenentes Mexico S.A. de C.V Av. Industria de la Transformacian 431,

Parque Industrial QueretaroCarr Qro 76220 Mexico Proprietary Rights and Non-Disclosure

AgreementUndetermined

Aero Mechanical Industries, Inc. 4901 Rockaway Blvd NE Rio Rancho NM 87124 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Aero Systems Engineering, Inc. 13825 Schmidt Lake Road Plymouth MN 55446 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Aero-Hose, Corp 1845 Town Center Blvd, Suite 140 Orange Park FL 32003 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

AEROMAOZ LTD Main Office Bldg Kibbutz Yavne 79233 Israel Proprietary Rights and Non-Disclosure Agreement

Undetermined

Aerospace Systems & Components (ASC) 5201 E 36th St North Wichita KS 67220 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Aircraft Finance Corp 3419 Via Lido Suite 448 Newport Beach CA 92663 USA Non-Disclosure Agreement 5/16/2019Airtech International, Inc. (CA) 5700 Skylab Road Huntington Beach CA 92647 USA Non-Disclosure Agreement UndeterminedAlcoa Global Fasteners, Inc. 3000 West Lomita Blvd. Torrance CA 90505 USA Proprietary Rights and Non-Disclosure


AMETEK Aerospace & Defense 50 Fordham Road Wilmington MA 1887 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

AMETEK Power & Data Systems 343 Godshall Drive Harleysville PA 19348 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Analysis & Design Application Co. Ltd. 60 Broadhollow Road Melville NY 11747 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

AON Risk Services Central, Inc. 5600 W. 83rd St. Suite 1100 Minneapolis MN 55437 USA Insurance agreement 4/30/2019Archangel Systems, Inc. 1635 Pumphrey Ave Auburn AL 36832 USA Proprietary Rights and Non-Disclosure


Ardham Technologies, Inc. 5411 Jefferson St. NE, Suite 200 Albuquerque NM 87109 USA Proprietary Rights and Non-Disclosure Agreement

3/20/2023

AV-DEC 3215 W. Loop 820 S Ft. Worth TX 76116 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Aviation Instrument Technologies, Inc. 39520 Aviation Ave. Zephyrhills FL 33542 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Aviation Partners, Inc. 7299 Perimeter Road S. Seattle WA 98108 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Avidyne Corporation 710 North Drive Melbourne FL 32934 USA Non-Disclosure Agreement UndeterminedBarfield, Inc. 4101 NW 29th Street Miami FL 33142 USA Non-Disclosure Agreement UndeterminedBecker Avionics Inc. 10376 USA Today Way Miramar FL 33025 USA Non-Disclosure Agreement UndeterminedBemsco, Inc. 1193 S. 400 W. Salt Lake City UT 84660 USA Proprietary Rights and Non-Disclosure


Benchmark Electronics, Inc. 350 W. Southern Ave. Tempe AZ 85282 USA Proprietary Rights and Non-Disclosure Agreement

6/14/2022

Bendix King 11903 W. Dora Ct. Wichita KS 67209 USA Non-Disclosure Agreement UndeterminedBetaTron Electronics, Inc. 1381 Flightway Albuquerque NM 87106 USA Proprietary Rights and Non-Disclosure


BLUE CROSS BLUE SHIELD OF NEW MEXICO

PO Box 27630 Albuquerque NM 87125 USA 2018 Employee Health Benefits 12/31/2018

Bralco Metals, a Division of Reliance Steel & Aluminum Co.

15090 Northam Street La Miranda CA 90638 USA Proprietary Rights and Non-Disclosure Agreement

6/12/2022

CCIC, LLC dba Kirin Manufacturing 3300 E. 36th St. Tucson AZ 85713 USA Proprietary Rights and Non-Disclosure Agreement

5/31/2022

Century Bank 8220 San Pedro Drive Albuquerque NM 87113 USA Non-Disclosure Agreement 6/16/2019Coast-Line International 200 Dixon Ave Amityville NY 11701 USA Non-Disclosure Agreement UndeterminedCobham Aerospace Communication (Chelton Avionics)

6400 Wilkinson Drive Prescott AZ 96301 USA Non-Disclosure Agreement Undetermined

Form 206G Page 1 of 4



Creditor's Name Address_1 Address_2 City State Zip Country Description Expiration DateComputer Integrated Machining, Inc. 10960 Wheatlands Ave #106 Santee CA 92071 USA Proprietary Rights and Non-Disclosure


Concorde Battery Corporation 2009 San Bernadino Road West Covina CA 91790 USA Proprietary Rights and Non-Disclosure Agreement

2/16/2023

Crouzet Automatismes SAS 14860 86th Rd N. Loxahatchee FL 33470 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Curtiss-Wright Controls, Inc. 28965 Avenue Penn Santa Clarita CA 91355 USA Proprietary Rights and Non-Disclosure Agreement

4/26/2022

Custom Control Sensors LLC 21111 Plummer Street Chatsworth CA 91311 USA Proprietary Rights and Non-Disclosure Agreement

10/3/2022

D&G Machine Products (Maine) 50 Eisenhower Drive Westbrook ME 04092 USA Non-Disclosure Agreement UndeterminedDelta Dental Plan Of New Mexico, Inc 2500 Louisiana Blvd NE Suite 600 Albuquerque NM 87110 USA Employee dental provider 12/31/2018Dependable Spring Company 414 Beavercreek Rd. #702 Oregon City OR 97045 USA Proprietary Rights and Non-Disclosure


Dexmet Corporation (CT) Barnes Industrial Rd S Wallingford CT 06492 USA Non-Disclosure Agreement UndeterminedDIAB Americas LP 315 Seahawk Drive Desoto TX 75115 USA Non-Disclosure Agreement UndeterminedDiversified Plastics, Inc. 8617 Xylon Court N. Brooklyn Park MN 55445 USA Proprietary Rights and Non-Disclosure


DRS Training & Control Systems LLC 645 Anchors Street Fort Walton Beach FL 32548 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

e2V, Inc. 1302 E Collins Blvd Richardson TX 75081 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

EaglePicher Technologies, LLC 1215 West C Street Joplin MO 64801 USA Non-Disclosure Agreement UndeterminedEaglePicher Technologies, LLC 1215 West C Street Joplin MO 64801 USA Proprietary Rights and Non-Disclosure


EDN Aviation, Inc. 6720 Valjean Ave Van Nuys CA 91406 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Electric Power Systems LLC (Utah) 207 W 3200 N Building 1 Suite 3 Hyde Park UT 84318 USA Non-Disclosure Agreement 8/20/2023EM Aviation 13411 NE Prairie Rd Brush Prairie WA 98606 USA Proprietary Rights and Non-Disclosure


Empire Screen Printing, Inc. N5206 Marco Road Onalaska WI 54650 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Enersys Energy Products, Inc. 5029 Lantana Drive Gulf Breeze FL 32563 USA Non-Disclosure Agreement 8/5/2021Esterline Control & Communication Systems (ECCS)

11910 Beverly Park Road Everett WA 98204 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Exceptional Marketing Concepts, Inc. 301 Parc Chateau Pasig City Phillipines Non-Disclosure Agreement Undetermined

Exceptional Marketing Concepts, Inc. 301 Parc Chateau Pasig City Phillipines Proprietary Rights and Non-Disclosure Agreement

Undetermined

Fast Radius LLC 2030 Will Ross Court Chamblee GA 30341 USA Proprietary Rights and Non-Disclosure Agreement

6/13/2022

Fatigue Technology Inc. (PCC) 401 Andover Park East Seattle WA 87188 USA Non-Disclosure Agreement 1/12/2021Fidelity Management Trust Company One Destiny Way Westlake TX 76262 USA 401k services UndeterminedForUs Advisors, LLC 350 Townsend Street Suite 422A San Francisco CA 94108 USA Investment Professional or Consultant

DesignationUndetermined

Garmin International, Inc. 1200 E. 151st Street Olathe KS 66062-3426 USA Non-Disclosure Agreement 3/9/2019Garmin International, Inc. / ONE Aviation 1200 East 151st Street Olathe KS 66062 USA Proprietary Rights and Non-Disclosure

Agreement3/9/2019

Garmin USA, Inc. 1200 E. 151st Street Olathe KS 66062-3426 USA Master Agreement between ONE Aviation and Garmin

12/31/2023

GE Aviation Systems LLC Beranovych 65 Praha 9 199 02 Czech Republic Non-Disclosure Agreement 10/14/2019General Micro Systems, Inc. 8358 Maple Place Rancho Cucamonga CA 91730 USA Proprietary Rights and Non-Disclosure


Hartford Life and Accident Insurance Company One Hartford Plaza Hartford CT 6155 USA Voluntary Life / AD&D Insurance provider Undetermined

Huntsman Advanced Materials Americas LLC 10003 Woodloch Forest Dr. The Woodlands TX 77380 USA Proprietary Rights and Non-Disclosure Agreement

7/21/2026




Creditor's Name Address_1 Address_2 City State Zip Country Description Expiration DateHydrosolutions Of Duluth, Inc. 4845 Lackland St. Duluth MN 55811 USA Proprietary Rights and Non-Disclosure


InspecTech 14 Federico Drive Pittsfield MA 1201 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Jinggong (Beijing) General Aviation Co. Ltd. Badaling Airport Aviation Rd 1,Yanqing, Unit 2405, 24/F, World Wide House

Beijing China Regional Exclusive distribution Agreement Undetermined

JMC Tool LLC 100 Verge St. Springfield MA 1129 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Kennebec Technologies (Maine) 150 Church Hill Road Augusta ME 04330 USA Non-Disclosure Agreement UndeterminedKnox Machine Co (Maine) 936 Eastern Road Warren ME 04864 USA Non-Disclosure Agreement UndeterminedLatecoere 135 rue de Periole, Toulouse 31000 France Proprietary Rights and Non-Disclosure


Leach International Corporation (Esterline Power Systems)

6900 Orangethorpe Avenue Buena Park CA 90620 USA Proprietary Rights and Non-Disclosure Agreement

10/27/2019

Lee Air, Inc. 4603 S. Seneca Wichita KS 67217 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Lexavia Intergrated Systems Corporation 9640 SW Sunshine Ct. Suite 600 Beaverton OR 97005 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Liquid Measurement Systems 141 Morse Drive Georgia VT 5468 USA Proprietary Rights and Non-Disclosure Agreement

8/26/2021

Lucas Industries 10 Precision Drive N. Springfield VT 05150 USA Non-Disclosure Agreement UndeterminedLynx Software Technologies, Inc. 855 Embedded Way San Jose CA 95136 USA Proprietary Rights and Non-Disclosure


Magnolia Advanced Materials, Inc. 4360 Northeast Expressway Atlanta GA 30340 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Magnolia Advanced Materials, Inc. 4360 Northeast Expressway Atlanta GA 30340 USA Non-Disclosure Agreement UndeterminedMaine Tool & Machine LLC (Brunswick) 166 Orion Street Brunswick ME 04011 USA Non-Disclosure Agreement UndeterminedMcGriff, Seibels & Williams, Inc 2211 7th Avenue South Birmingham AL 35233 USA Health, Dental, Vision & Vol Life Benefits

ServicesUndetermined

Meggitt (UK) Ltd, Meggitt Avionics Unit 2-5 Titchfield Park 20-26 Barnes Wallis Rd Fareham Hampshire P015 5TT UK Proprietary Rights and Non-Disclosure Agreement

5/17/2022

Mercury Systems, Inc. 201 Rivernech Rd. Chelmsford MA 1824 USA Proprietary Rights and Non-Disclosure Agreement

1/6/2022

Michelin North America, Inc. One Parkway South Greenville SC 29615 USA Proprietary Rights and Non-Disclosure Agreement

10/12/2026

Mid-Continent Instrument, Co, Inc. 9400 E 34th Street North Wichita KS 67226 USA Proprietary Rights and Non-Disclosure Agreement

5/24/2022

Minco Products, Inc. 7300 Commerce Lane Minneapolis MN 55432 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

NIAR - Wichita State University 1845 Fairmount Wichita KS 67260-0093 USA Non-Disclosure Agreement UndeterminedNNR Global Logistics USA, Inc. 450 East Devon Avenue Suite 260 Itasca IL 60143 USA Proprietary Rights and Non-Disclosure

Agreement4/12/2022

Northern Valley Machine, Inc. (East Grand Forks, MN)

1124 15th Ave NE East Grand Forks MN 56721 USA Non-Disclosure Agreement Undetermined

Orion Aviation Holdings, LLC 3560 Lenox Road NE Atlanta GA 30326 USA Membership Interest Purchase Agreement Undetermined

Oxley, Inc. 31 Business Park Dr. Branford CT 6405 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

PPG Industries, Inc. And Vision Systems To Steve: 12780 San Fernando RoadTo Laurel: 24811 Avenue RockefellerTo Jerome: Route d'Irigny

To Steve: SylmarTo Laurel: ValenciaTo Jerome: Brignais

To Steve: CATo Laurel: CA

To Steve: 91342To Laurel: 91355To Jerome: 69530

To Jerome: France

Three Way Proprietary Rights and Non-Disclosure Agreement

4/24/2027

Raytheon Company 2000 E. Imperial Hwy El Segundo CA 90245 USA Non-Disclosure Agreement UndeterminedResearch in Flight 1919 N. Ashe Ct. Auburn AL 36830 USA Non-Disclosure Agreement 10/31/2022Rival Theory, Inc. 101 Los Miradores Dr NW Rio Rancho NM 87124 USA Proprietary Rights and Non-Disclosure





Creditor's Name Address_1 Address_2 City State Zip Country Description Expiration DateRoller Bearing Company of America, Inc. 123 Commerce Way Westminister SC 29693 USA Proprietary Rights and Non-Disclosure


Safe Flight Instrument Corporation 20 New King Street White Plains NY 10604 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Safran Electronics & Defense Avionics USA, LLC

2802 Safran Drive Grand Prairie TX 75052 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Saft America, Inc. 3 Powdered Metals Drive North Haven CT 06473 USA Non-Disclosure Agreement UndeterminedSaft America, Inc. 711 Gil Harbin Industrial Blvd Valdosta GA 31601 USA Proprietary Rights and Non-Disclosure


SAIC / DRS Training & Control Systems 6725 Odyssey Drive Huntsville AL 35806 USA Non-Disclosure Agreement 5/26/2021Salem Five Cents Saving Bank 210 Essex Street Salem MA 1970 USA Non-Disclosure Agreement UndeterminedSandia Electro-Optics Corporation 3100 Menaul Blvd NE Albuquerque NM 87107 USA Proprietary Rights and Non-Disclosure


Savoie Composite Solutions 28 Elliot Lane Bowdoinham ME 04008 USA Non-Disclosure Agreement UndeterminedScion Aviation 3693 E County Rd 30 Fort Collins CO 80528 USA Non-Disclosure Agreement UndeterminedSecureaplane Technologies, Inc. 12350 N. Vistoso Park Road Oro Valley AZ 85755 USA Non-Disclosure Agreement UndeterminedSecureaplane Technologies, Inc. 12350 N. Vistoso Park Road Oro Valley AZ 85755 USA Proprietary Rights and Non-Disclosure

Agreement10/6/2026

Serbin Machining, Inc. 5320 Wilshire Avenue NE Albuquerque NM 87113 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Serfling, Steve 5965 N Pike Lake Rd Duluth MN 55811 USA Employment Agreement 4/1/2019Sirius XM Radio, Inc. 1290 Avenue of the Americas, 11th Floor New York NY 10104 USA Aviation Weather and Audio Services

Agreement11/7/2020

SMI Composites, LLC 45 Madico Drive Comer GA 30629 USA Non-Disclosure Agreement UndeterminedSMI Composites, LLC 45 Madico Drive Comer GA 30629 USA Proprietary Rights and Non-Disclosure


Solarem Ltd. 17 Marble Street Suite 701, Lowry House Manchester M23AW UK Non-Disclosure Agreement 5/23/2019Southwest Pattern Works, Inc. 200 Moon SE Albuquerque NM 87123 USA Proprietary Rights and Non-Disclosure


Spintech, LLC 1150 S. Patton Street Xenia OH 45385 USA Non-Disclosure Agreement UndeterminedStudioV LLC (Nate Varney) 42 Ivanhoe Drive Topsham ME 04086 USA Non-Disclosure Agreement UndeterminedTenCate Advanced Composites USA, Inc. 405 E. Lakecrest Drive Andover KS 67002 USA Non-Disclosure Agreement UndeterminedTenCate Advanced Composites USA, Inc. 405 E. Lakecrest Drive Andover KS 67002 USA Proprietary Rights and Non-Disclosure


Tijeras Wire Tooling Co 7 Pine View Rd Tijeras NM 87059 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Traverse, LLC 25 Orion Way Trabuco Canyon CA 92679 USA Engagement Agreement and any other subsequent agreements between the parties

Undetermined

UCS Finance 28 Craw Avenue Rowayton CT 06853 USA Non-Disclosure Agreement 6/2/2019Unicor, LLC PO Box 1092 Kennebunkport ME 04046 USA Non-Disclosure Agreement UndeterminedViaSat, Inc. 6155 El Camino Real Carlsbad CA 92009 USA Non-Disclosure Agreement 1/14/2019Vision Service Plan Insurance Company 3333 Quality Dr Rancho Cordova CA 95670 USA Vendor Agreement 12/31/2019Voss Industries, LLC 2168 W. 25th Street Cleveland OH 44113 USA Proprietary Rights and Non-Disclosure

Agreement4/25/2022

Williams International Co., LLC 2280 E. West Maple Road PO Box 200 Walled Lake MI 48390-0200 USA Non-Disclosure Agreement UndeterminedWilliams International Co., LLC 2280 E. West Maple Road PO Box 200 Walled Lake MI 48390-0200 USA Proprietary Rights and Non-Disclosure

Agreement10/13/2020

Woodward, Inc. 1000 East Drake Rd. Ft. Collins CO 80525 USA Proprietary Rights and Non-Disclosure Agreement

Undetermined

Zodiac Actuation Systems 41-48 ru Guynemer Auxerre 89000 France Proprietary Rights and Non-Disclosure Agreement

10/27/2021

Zodiac Aero Electric 7 ru des Longs Quartiers Montreuill 93100 France Proprietary Rights and Non-Disclosure Agreement

Undetermined

Zuken USA, Inc. 238 Litteton Rd., STE 100 Westford MA 01886 USA Proprietary Rights and Non-Disclosure Agreement

5/6/2021



Check if this is an

amended filingOfficial Form 206H

Schedule H: Codebtors 12/15

Be as complete and accurate as possible. If more space is needed, copy the Additional Page, numbering the entries consecutively. Attach the

Additional Page to this page.

1. Does the debtor have any cash or cash equivalents?

No. Go to Part 2.


2. In Column 1, list as codebtors all of the people or entities who are also liable for any debts listed by

the debtor in the schedules of creditors, Schedules D-G. Include all guarantors and co-obligors. In

Column 2, identify the creditor to whom the debt is owed and each schedule on which the creditor is

listed. If the codebtor is liable on a debt to more than one creditor, list each creditor separately in

Column 2.

Debtor name: ONE Aviation Corporation




Column 1: Codebtor

Name Mailing address

Column 2: Creditor

Name Check all schedules

that apply:

Brigadoon Aircraft

Maintenance, LLC

43W514 US Route 30

Street

City State ZIP Code

Sugar Grove

CITIKING INTERNATIONAL

US, LLC

D

E/F

G

2.

IL 60554

Eclipse Aerospace, Inc. 3250 Spirit Drive SE

Street

City State ZIP Code

Albuquerque

CITIKING INTERNATIONAL

US, LLC

D

E/F

G

2.

NM 87106

Page 1 of 1Schedule H: CodebtorsOfficial Form 206H


Declaration and signature

I am the president, another officer, or an authorized agent of the corporation; a member or an

authorized agent of the partnership; or another individual serving as a representative of the debtor in

Official Form 202 Declaration Under Penalty of Perjury for Non-Individual Debtors

Executed on 12/07/2018

MM / DD / YYYYSignature of individual signing on behalf of the debtor

Printed name

Position or relationship to debtor

Michael Wyse

Chairman of the Board





An individual who is authorized to act on behalf of a non-individual debtor, such as a corporation or partnership, must sign and submit

this form for the schedules of assets and liabilities, any other document that requires a declaration that is not included in the document,

and any amendments of those documents. This form must state the individual’s position or relationship to the debtor, the identity of the

document, and the date. Bankruptcy Rules 1008 and 9011.

Official Form 202

Declaration Under Penalty of Per jury for Non-Individual Debtors 12/15

WARNING -- Bankruptcy fraud is a serious crime. Making a false statement, concealing property, or obtaining money or property by

fraud in connection with a bankruptcy case can result in fines up to $500,000 or imprisonment for up to 20 years, or both. 18 U.S.C. §§

152, 1341, 1519, and 3571.

I have examined the information in the documents checked below and I have a reasonable belief that

the information is true and correct:

Schedule A/B: Assets–Real and Personal Property (Official Form 206A/B)

Schedule D: Creditors Who Have Claims Secured by Property (Official Form 206D)

Schedule E/F: Creditors Who Have Unsecured Claims (Official Form 206E/F)

Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G)

Schedule H: Codebtors (Official Form 206H)

Summary of Assets and Liabilities for Non-Individuals (Official Form 206Sum)

Amended Schedule ____

Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured Claims and Are Not

Insiders (Official Form 204)

Other document that requires a declaration_____________________________________________________

I declare under penalty of perjury that the foregoing is true and correct.


Date post:	20-Oct-2021
Category:	Documents
Upload:	others
View:	1 times
Download:	0 times

UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT …

Documents