Investor Presentaiton

-FLYING CMI CAPITAL-LIGHT VALUE STRUCTURE Minimizes risk while affording customer flexibility CUSTOMER ROLE Customer leases the aircraft from CAM, generally 7-10 years Customer then sub-leases the aircraft to one of our cargo airlines to fly CMI agreements generally run 4-6 years with renewal options Customer responsible for filling the payload plus determines the routing Customer responsible for the heavy maintenance on the airframe and engines Customer pays for fuel and ancillary fees AIR OPERATIONS ROLE Airline is responsible for safety of flight Airline provides the flight crews and insurance Customer may also add their own or other leased aircraft to the CMI Agreement Airline provides ground training for loading personnel Airline provides the line maintenance and parts Airline flies the schedule provided by the customer Slide 128 ATSG

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