Internal email chain discussing profit modeling for a G650 private jet

From: Barry J. Cohen FP Sent: 10/23/2017 2:43:33 PM To: jeffrey E. [jeevacation@gmail.com cc: Joseph — Subject: G650 profit model Attachments: Odysseus Profit Model.xlsx Importance: — High You asked for this a while back. It’s not particularly self-explanatory. Joe V reviewed it with Ruth Wimer and Dave Deyoe, our aviation and aviation tax counsel at MWE. Let either of us know if you’d like to go over it. From: jeffrey E. [mailto:jeevacation@gmail.com] Sent: Monday, October 02, 2017 5:20 PM To: Barry J. Cohen at Subject: Re: Plane management can you share? On Mon, Oct 2, 2017 at 5:17 PM, Barry J. Cohen Ss ote: On our to-do list, but back of the envelope, we satisfied ourselves that after depreciation, we would show a profit. (In part because Apollo charter payments factor in depreciation.) From: jeffrey E. [mailto:jeevacation@gmail.com] Sent: Monday, October 02, 2017 5:14 PM To: Barry J. Cohen as Subject: Re: Plane management did anyone provide you with a biz plan that shows the proposal will generat a profit ? On Mon, Oct 2, 2017 at 4:30 PM, Barry J. Cohen - ti—‘_SCS wrote: Adding Internet and possibly changing cushions. | recommended we do it with the 4 year inspection in the spring, but haven’t heard back from him. | think | talked him out of automating the divans. | agreed with what you said about that. From: jeffrey E. [mailto:jeevacation@gmail.com] Sent: Monday, October 02, 2017 4:29 PM To: Barry J. Cohen [as Subject: Re: Plane management isnt he changing the cushions? etc and adding internet? On Mon, Oct 2, 2017 at 4:23 PM, Barry J. Cohen ote: Ah yes. HOUSE_OVERSIGHT_026764