From: Barry J. Cohen Sent: Monday, August 7, 2017 7:51 PM To: jeffrey E. Subject: RE: Engine Plans I would have thought it's just a matter of cost, but if you're saying the discount on Pearlman planes is more than the RR program catch up payment, I guess I'm wrong. From: jeffrey E. [mailto:[email protected]] Sent: Monday, August 07, 2017 3:49 PM To: Barry J. Cohen < Subject: Re: Engine Plans nonsense , look at ron perlmans planes. no buyers at realistic prices and the excuse is no program. on his planes , there are always alternative planes so you take one with the program On Mon, Aug 7, 2017 at 3:45 PM, Barry J. Cohen < <mailto > wrote: Banks don't require it. But they increase the amortization on the loan with no program. Our consultants say they agree with you on the RR program helping to boost the owner to the top of the list when it comes to service and repairs. However, they have not observed that prospective buyers have concerns about planes whose owners don't take the program. They say as long as the owner is US corporate or US very high net worth, they will ask questions about not being on the program, but provided the answers are appropriate, it doesn't impact value. Nonetheless, I think we should take it, because especially as the plane ages, the odds are you recoup the expenditure on resale. The gift tax case was a from a brief mention in a tax publication that someone was reading. We're trying to track it down. From: jeffrey E. [mailto:[email protected] <mailto:jeevacation@gmaitcom> ] Sent: Monday, August 07, 2017 3:39 PM To: Barry J. Cohen > > , , Subject: Re: FW: Honeywell APU Maintenance Plan (MSP) EFTA_R1_01400150 EFTA02383527