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Flight Training Finance uses the Power-By-the-Hour (“PBH”) leasing concept by offering leases for both new technology and used simulators.

The advantages of a PBH lease include:

1) Operator conserves cash by removing the acquisition or ownership cost of the simulator from the capital budget and balance sheet.

2) Operator pays for the simulator’s use with operating funds budgeted for training.

3) Operator improves flight crew productivity by avoiding travel and controlling training schedules.

4) Operator has no responsibility for asset purchasing, finance arranging cost or progress payment financing.

5) Operator has no responsibility for installation and certification.

6) Operator pays for actual hours of monthly simulator utilization guaranteeing annual base hours at negotiated rates. Additional hours above base usage paid at lower rate per hour.

7) Operator reduces average annual hourly training cost as fleet grows.

8) Operator can sell existing owned simulators to FTF to free up cash while maintaining control. FTF does not engage in operating flight training facilities.

9) Operator can match the lease term with its fleet plan via options to extend or renew the lease.

10) Operator has no responsibility for disposing of no-longer-needed simulators.

   
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