investment overview flying cloud group. twin otter executive charters twin otter seaplanes summary...
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Investment Overview
Flying Cloud Group
Flying Cloud Group
Twin Otter Executive Charters
Twin Otter Seaplanes
Summary
General Aviation In ChinaFlying Cloud Group will operate
• Executive charters
• Seaplanes
Currently no commercial Twin Otter charter or Seaplane operations in China
Flying Cloud Group
Regional Operations with the all new Twin Otter 400 Series
• Our aircraft are safe, fast, luxurious, and exclusive. Seating for 8 to 16 passengers.
• Shenzhen to Macau, Guangzhou to Macau
The Aircraft
Flying Cloud Group
King Air Operations Area
Executive Charters to Macau
• 20 minute service
• 60 million passenger movements annually
• Much more cost effective than helicopters
• Near jet flight speeds
Flying Cloud Group
Seaplane Operations
Seaplane operations with the all new DHC-6 Twin Otter• Certified in China
• Custom interior seating configurations
Flying Cloud Group
Seaplane Operations Area
Seaplane Range
• Waterfront to waterfront
• Incredible time savings
• Exciting experience
Flying Cloud Group
Milestone One (Achieved)
Aviation business license China CAAC AOC preliminary approval
Achieved
Flying Cloud Group
Time Lines
Milestone Two – 3 months
• Charter one Twin Otter aircraft • Begin regional charter operations• Begin revenue flights
Milestone Three – 18 to 24 months
• Seaplane operational approval • Charter or Wet Lease additional Twin Otter aircraft, multiple
routes planned• Growth through retained earnings• Acquire additional aircraft• Develop additional seaplane regional landing areas• Introduce seaplanes to other areas of China• Build out executive charter sales and usage• Possible expansion into private jet operations
Flying Cloud Group
Group Holding Company
• Flying Cloud Group Limited (BVI)
Aviation Services and Operating Company
• SkyMax Services Asia (HK) - sales and service
• HaiXiang Air (CN) (海翔公务航空有限公司 ) - operations CAAC AOC preliminary approval
Corporate Overview
Flying Cloud Group
The Team
Aircraft & Flight Crew• Twin Otters will be provided by our partner in Canada
through their regional representative.
• Pilots and flight engineers are supplied by our Canadian partner, and their Chinese partner.
• Twin Otters are factory maintained by our Canadian partner.
Support Services• Accountancy and Business Registration
World Link CPA Hong Kong• Tax and Business Structure Planning
JFU Consultants Hong Kong• Legal Representation
Chance and Bridge Partners Beijing
Operations TeamThe operations team comes from our Chinese and Canadian operations partners. They have over 25 years experience in China, and over 45 years experience with Twin Otters.
Senior Management• Chairman (CN) - Bert Kwok 郭晓晖• Director - Peter de Kantzow • Director - Michael Agopsowicz• Business Development Director - James Laws
Flying Cloud Group
Funding
Private Placement• USD$2M for 10% equity
Valuation• USD$20M based on 2.5 times year three earnings
Use of Proceeds• USD$2M - establish mainland entities, aviation license
fee and associated costs
Exit Strategy – 36 to 48 months
Flying Cloud Group