Larry Page: Bell 407 deal

Jeffrey,

Larry Page's chief pilot, Tony contacted Nicolas today and is interested "again" using your Bell 407 for the St. Barts operation. Dates December 28th - January 3rd estimate. I will be using the same guide lines as we did for Sikorsky demo tour over the summer.

Here is what I have figured as expense to Larry Page: Insurance for one month - $15,000.00 Fuel cost can be invoiced double the actual bum per FAR's: estimated fuel price per Gallon $6.00 x 50 gallons per hour bum rate; $300 per flight hour 44 hours estimated usage = $13,200.00 times 2 = $26.400.00 Palm Beach - St. Thomas - Palm Beach ferry time 20 hours Larry Page would use helicopter 4 hours per day minimum charge (6 days = 24 hours). Install float gear on Bell 407 $4,500.00 Pilot services 7 days @ $1,500.00 per day = $10,500.00 (Nicolas would pilot).

total event cost estimate: $56,400.00 Hotel and crew expenses invoiced at actual cost. Handler expenses invoiced at actual cost.

Please confirm you agree with this offer?, before I forward to Larry's chief pilot Tony for his consideration,. otherwise, I could tell him Helicopter is not available if you like? They change their minds everyday on this project, so this may be in vane,.

At this time, they want to purchase a twin engine helicopter for the boat, however, the Bell 407 is a perfect fit and may like it, once they operate it,. thanks, Larry

our profit:

one month of free insurance for Bell 407 if you leave the Helicopter in St. Thomas, we will retain the retum fuel expense of 10 hours. $3,000.00 If they operate the helicopter only 2 hours a day, we could profit $4,500 we will have $13,200 of fuel cash installation of our float gear for free estimate $20,700.00 in pocket