Grand Canyon Airlines

Dear Mr. Schroer:

Thanks once again for your efforts on our recent Caravan acquisition. Over the last five years we have had the pleasure of working with you and your team on multiple aircraft acquisitions for our tour business operations. In each of these transactions, your professionalism, market insight and attention to detail have translated to smooth purchases and easy integration of the Caravans into our business.

We know our business very well, and we have no doubt East West Aircraft is the team to employ when it comes to purchasing or selling a Caravan. Your friendly approach to everyone on our team and your deep knowledge of the Caravan marketplace is very appreciated by everyone on our team.

We look forward to working together with you again in the future.

Lon A. Halvorson
Executive Vice president