| 1 TURBOPROP KING AIR B200 ...... 09 KING AIR C90 ...... 09 CARAVAN ...... 09 CHEYENNE III ...... 10 PILATUS ...... 10 MU2 ...... 10 JETS PHENOM 100 ...... 12 PHENOM 300 ...... 12 CITATION CJ2 ...... 12 CITATION CJ3 ...... 13 CITATION CJ4 ...... 13 PREMIER IA ...... 13 LEARJET 31 ...... 14 LEARJET 35 ...... 14 BEECHJET 400A ...... 14 LEARJET 40X ...... 16 LEARJET 45 ...... 16 AIRCRAFT CITATION SOVEREIGN ...... 16 CITATION X ...... 17 HAWKER 800 ...... 17 GULFSTREAM G200 ...... 17 INDEX LEGACY 600 ...... 19 LEGACY 650 ...... 19 GULFSTREAM G450 ...... 19 GULFSTREAM G550 ...... 20 FALCON 2000 EX ...... 20 HELICOPTERS ROBINSON 44 ...... 22 JET RANGER ...... 22 LONG RANGER ...... 22 BELL 407 GXP ...... 23 ESQUILO ...... 23 ESQUILO B2-6...... 23 AGUSTA A109 ...... 25 BELL 429 ...... 25 AIRBUS T145 ...... 25 DAUPHIN 365 N2 ...... 26 AGUSTA AW139 ...... 26 SIKORSKY S76 ...... 26 Flapper team members in 2017

Proudly born global. Flapper was is clear: to democratize private avia- born of a need for premium on-de- tion through technology and effective mand private aviation services, inclu- distribution strategy. Building on the ding flights to airports inaccessible to rising popularity of sharing economy, commercial aviation. Having travelled the company sells individual seats on OUR frequently, the co-founders encounte- private aircraft, enabling flights for the red a little-explored niche in executive price of premium economy seats. The aviation: shared flights. The platform is marketplace gives access to one of 115 STO Brazil-made, with an ambitious vision certified aircraft available for immedia- of a born-global company. The foun- te rent. Next year, Flapper is about to ding team consists of Poland-born Paul launch a monthly membership service, RY Malicki and Arthur Virzin, from Russia, with unlimited flights in Southeast of both living in Brazil, and two local sof- Brazil. I hope you now understand our tware engineers: Iago Senefonte and slogan: FLAPPER - YOUR NEW FIRST William Oliveira. The value proposition CLASS.

HOW ABOUT YOU? WHERE ARE YOU HEADING? IT IS OUR PLEASURE TO SERVE YOU.

| 3 SHARED FLIGHTS Flapper Premium Service. Flapper organizes its own shared flights on certified air taxi aircraft. This premium service includes access to VIP lounge, drinks, snacks and Flapper concierge. The flights are available on the following routes: the São Paulo - Rio de Janeiro - São Paulo, São Paulo - Angra dos Reis and Rio de Janeiro - Búzios, with guaranteed take-off and pre-scheduled departure hours. The company intends to launch new routes in 2020. Empty Legs. With empty legs you can save up to 40%-50% on your charter flights. These offers are announced in real time, with frequent departures from Belo Horizonte and São Paulo. Regular charter clients may also choose to sell the remaining seats or the return flights.

4 | Regional. By the end of 2018, Flapper will have integrated regional aviation programs, including “Voe Minas” (Minas REGIONAL Gerais state) and “Asta Linhas Aéreas” (Mato Grosso). These flights will be available for purchase through Flapper applica- AVIATION tion and Argo, Brazil’s largest OBT (Online Booking Tell) pla- tform for agencies.

| 5 FLAPPER APP

Available services Pre-scheduled flights: Browse seamlessly between available shared flights, with fixed prices and a guaranteed departure. Pay in-app. Near real-time charter: Choose from more than 20 types of jets, turbo-props, and helicopters and get an instant price estimate. Empty legs: Receive real-time notifications with offers at the price tag of up to 60% lower than the market place.

6 | CHARTER ON-DEMAND

115 reasons to fly. With Flapper, you can save between 5%-30% on your charter services. With a network of more than 30 air taxi operators and more than 115 certified aircraft, Flapper guarantees the most complete private aviation offer, including jets, turbo-propellers and helicopters. All partners operate under Part 135 certification and are regulated by ANAC.

TURBO-PROPS HEAVY JETS

• 5-9 PAX • 10-18 PAX • 43 AIRCRAFT • 7 AIRCRAFT

LIGHT JETS SINGLE-ENGINE

• 4-8 PAX • 3-6 PAX • 16 AIRCRAFT • 28 AIRCRAFT

MID-SIZE JET TWIN-ENGINE • 8-9 PAX • 6-12 PAX • 8 AIRCRAFT • 14 AIRCRAFT

| 7 8 | KING AIR B200 series 5

Twin 7-9 pax Aircraft “With more space, more power, turboprop available and longer range, B200 is the most successful aircraft in its class.”

Baggage volume: 1.6m / 55ft³ (internal) Baggage space: 7 carry-on and 4 bags

Speed: 310ktas | 574km/h Range: 2289 km / 1442 mi

KING AIR C90 series 6

Twin 6 pax Aircraft “Small, but exquisite, King Air turboprop available is the most popular turbo-propeller among the Brazilian executives.”

Baggage volume: 1.4m³ / 48ft³ (internal) Baggage space: 6 carry-on and 3 bags

Speed: 270ktas | 500km/h Range: 3185km / 1979 mi

CARAVAN series 17

Single-engine 9 pax Aircraft “With Cessna’s unprecedented turboprop available luggage space and the ability to land anywhere, your next vacations are just a takeoff away.”

Baggage volume: Ext.: 9.6m³ / 340ft³ Int.: 0.9m³ / 32ft³ (30kg per passenger) Speed: 195ktas | 361km/h Range: 1700 km / 1056 mi

| 9 CHEYENNE III series 3

Twin 9 pax Aircraft “Often compared with turboprop available King Air B200, Piper Cheyenne III is known as a very fast and efficient twin- engine.”

Baggage volume: 1.07m³ / 38ft³ (external) Baggage space: 6 carry-on and 3 bags

Speed: 295ktas | 547km/h Range: 4207km / 2614 mi

PILATUS PC-12 series 2

Single-engine 8 pax Aircraft “The Swiss-made Pilatus 12 is turboprop available the Mercedes of single-engine turboprops.”

Baggage volume:1.4m³ / 48ft³ (internal) Baggage space: 6 carry-on and 3 bags

Speed: 270ktas | 500km/h Range: 3185km/1979 mi

MITSUBISHI MU2 series 2

“The MU-2 is known to be slightly Twin 6+2 pax Aircraft faster and more economic than B200, turboprop available while its cabin space is almost on pair with its well-known turboprop competitor.”

Baggage volume: 1.2m³ / 43ft³ (external) Baggage space: 6 carry-on and 3 bags

Speed: 295ktas | 547km/h 9 Range: 2334km / 1450 mi

10 | | 11 PHENOM 100 series 4

Jet 4 pax Aircraft “This modern entry-level jet has the available largest cabin and windows in its class. It’s intelligently designed to accommodate 4 passengers in a club formation.“

Baggage volume: 1.5m³ / 53ft³ (external) Baggage space: 4 large bags and 4 carry-on

Speed: 405ktas | 750km/h Range: 2182km / 1356 mi

PHENOM 300 series 3

Jet 7+1 pax Aircraft “Evolved from phenomenal model available 100, Phenom 300 is faster, more spacious, and more cost-efficient than its predecessor.”

Baggage volume: 2.4m³/84ft³ (external) Baggage space: 5 large bags and 6 carry-on

Speed: 450ktas | 833km/h Range: 3650km / 2268 mi

CITATION CJ2 series 2

“This entry-level Citation Jet Jet 6 pax Aircraft embodies simplicity, economy, and available performance. It’s range allows for fast non-stop flights to Northeast of Brazil or Argentina.”

Baggage volume: 1.98m³ / 70ft³ (external) Baggage space: 3 large bags and 6 carry-on

Speed: 407ktas | 753km/h Range: 2736km / 1700 mi

12 | CITATION CJ3 series 3

Jet 6-8 pax Aircraft “Citation CJ3 embodies everything available a Cessna should be. Passengers love it for its speed, spacious interior, and the “wow” look.”

Baggage volume: 1.84m³ / 60ft³ (external) Baggage space: 3 large bags and 6 carry-on

Speed: 416ktas | 770km/h Range: 2756km / 1712 mi

CITATION CJ4 series 1

Jet 6+1 pax Aircraft “Beautiful leather interior, an available entertainment system, and a fully-stocked galley are just few of the hidden features of this flagship performer.”

Baggage volume: 2.2m³ / 77ft³ (external) Baggage space: 4 large bags and 7 carry-on

Speed: 451ktas | 835km/h Range: 3079km / 1913 mi

PREMIER IA series 3 “Thanks to its spacious cabin Jet 6 pax Aircraft and large luggage space, the available Premier IA is second to none when it comes to family- and conference trips alike.”

Baggage volume: 2.2m³ / 77ft³ (ext. e int.) Baggage space: 4 large bags and 7 carry-on

Speed: 451ktas | 835km/h Range: 2537km / 1576 mi

| 13 LEARJET 31/31A series 4

Jet 6-7 pax Aircraft “The ”Porsche of the Sky”, as it’s often available referred to, Learjet 31A can climb to the altitude of 14km feet in only 28 minutes, leaving behind any popular light private jet.”

Baggage volume: 1.1m³/40ft³ (ext. e int.) Baggage space: 3 large bags and 6 carry-on

Speed: 459ktas | 850km/h Range: 3021km / 1877 mi

LEARJET 35/35A series 1

Jet 6-8 pax Aircraft “This aircraft can fly up to 4488 km available non-stop and offers 1 more seat than its predecessor, model 31A.”

Baggage volume: 1.1m³ / 40ft³ (ext. e int.) Baggage space: 3 large bags and 6 carry-on

Speed: 432ktas | 800km/h Range: 4488km / 2789 mi

BEECHJET 400A series 1

“With exceptional cost-efficiency Jet 7+1 pax Aircraft and spacious cabin able to available accommodate up to 7 passengers, Beechjet 400A is the preferred choice for short-haul jet rentals in Brazil.”

Baggage volume: 1.5m³ / 53ft³ (ext) + 0.6m³/20ft³ (int.) - 3 large bags and 6 carry-on Speed: 446ktas | 826km/h Range: 2495km / 1550 mi

14 | | 15 LEARJET 40X series 1

Jet 6 +1 pax Aircraft “Learjet 40XR is second to none when it available comes to speed and safety. Enhanced engines, modern navionics Primus and efficient retractable landing gear allow it to operate under any conditions.”

Baggage volume: 1.41m³ / 50ft³ (external) Baggage space: 3 large bags and 6 carry-on

Speed: 462ktas | 852km/h Range: 3156km / 1961 mi

LEARJET 45 series 2

“Learjet 45 is second to none when it Jet 8 pax Aircraft comes to speed and safety. Enhanced available engines, modern navionics Primus and efficient retractable landing gear allow it to operate under any conditions.”

Baggage volume: 1.8m³ / 65ft³ (external) Baggage space: 4 large bags and 8 carry-on

Speed: 420ktas | 778km/h Range: 3167km / 1968 mi

CITATION SOVEREIGN series 1

“This recent model of Cessna, is one Jet 8 +1 pax Aircraft of the most luxurious mid-size jets available available in Brazil.”

Baggage volume: 3.8m³ / 135ft³ (external) Baggage space: 8 large bags and 8 carry-on

Speed: 460ktas | 852km/h Range: 5926km / 3682 mi

16 | CITATION X series 3

Jet 8 pax Aircraft “Due to a large comfortable cabin available and a practical 4+4 layout, this business jet is extremely popular with corporate clientes.”

Baggage volume: 2.0m³ / 72ft³ (external) Baggage space: 4 large bags and 8 carry-on

Speed: 512ktas | 950km/h Range: 5956km / 3700 mi

HAWKER 800 series 1

“Commonly referred to as the “Cadillac Jet 8 pax Aircraft of corporate jets”, Hawker 800, this available spacious jet is especially appreciated for its safety, long range, and standup cabin.”

Baggage volume: 1.4m³ / 48ft³ (external) Baggage space: 4 large bags and 8 carry-on

Speed: 442ktas | 819km/h Range: 4700km / 2920 mi

GULFSTREAM series 1 “Gulfstream G200 is a sophisticated, Jet 10 pax Aircraft high-performance executive available aircraft with turbofan engine and intercontinental range.”

Baggage volume: 3.5m³ / 125ft³ (external) Baggage space: 8 large bags and 10 carry-on

Speed: 470ktas | 870km/h Range: 6300km / 3915 mi

| 17 18 | LEGACY 600 series 3

Jet 12 +1 pax Aircraft “With the largest stand-up cabin available of any super mid-size jet, Legacy 600 will satisfy even the mostdemanding clients.”

Baggage volume: 6.8m³ / 240ft³ (ext. e int.) Baggage space: 8 large bags and 13 carry-on

Speed: 450ktas | 833km/h Range: 5955km / 3700 mi

LEGACY 650 series 1

“When the mission calls for maximum Jet 14 pax Aircraft comfort and distance look no further. available Legacy 650 is the finest produce of Brazilian Embraer, ready to satisfy even the most peculiar tastes.”

Baggage volume: 8.1m³ / 286ft³ (ext. e int.) Baggage space: 14 large bags and 14 carry-on

Speed: 420ktas | 778km/h Range: 6060km / 3765 m

GULFSTREAM G450 series 2 “With 16 seats and unprecedented Jet 14 +2 pax Aircraft operational efficiency, it’s a preferred available choice for transcontinental flights in Brazil.”

Baggage volume: 3.7m³ / 130ft³ (ext. e int.) Baggage space: 8 large bags and 8 carry-on

Speed: 488ktas | 950km/h Range: 7820km / 4859 mi

| 19 GULFSTREAM G550 series 2 “Gulfstream G550 brings Jet 16 +2 pax Aircraft private flying to a new level of available sophistication. This ultra-long range business jet allows for non-stop flights between Brazil and the US or Europe.”

Baggage volume: 6.4m³ / 226t³ (external) Baggage space: 12 large bags and 18 carry-on

Speed: 475ktas | 880km/h Range: 6750km / 4194 mi

FALCON 2000EX series 1

“Falcon comfortably accommodates Jet 10 pax Aircraft 10 passengers, with up to 6 beds available available on long international flights. Supple leather and soft carpeting blend well into the BMW- designed luxury interior of Falcon.”

Baggage volume: 3.7m³ / 120ft³ (external) Baggage space: 8 large bags and 10 carry-on

Speed: 475ktas | 880km/h Range: 5000km / 3106 mi

20 | | 21 ROBINSON 44 II series 7

Piston 3 pax Helicopters “Robinson 44 makes a great available tour bird. The aircraft offers unobstructed visibility for all passengers.”

Baggage volume: Just carry-on (ext. e int.)

Speed: 92ktas | 170km/h Range: 500km / 310 mi

JET RANGER series 5

“Bell 206B is a versatile 5-seat Single-turbine 4 pax Helicopters (4 passengers and a pilot) available light helicopter perfect for both city transportation and longer inter-city flights.”

Baggage volume: 0.57m³ / 20ft³ (external) Baggage space: 3 carry-on and 3 bags

Speed: 115ktas | 214km/h Range: 500km / 310 mi

LONG RANGER series 2 “This aircraft is as economical and Single-turbine 6 pax Helicopters versatile as its predecessor, and is available ideal for longer weekend escapades or corporate flights.”

Baggage volume: 0.57m³ / 20ft³ (external) Baggage space: 3 carry-on and 3 bags

Speed: 109ktas | 203km/h Range: 700km / 434 mi

22 | BELL 407 GXP series 1

Single-turbine 6 pax Helicopter “This stretched model comfortably available seats 5 adults, while 6 passengers can also be accommodated in the wide cabin. It has wide-open club seating, allowing for great visibility.”

Baggage volume: 0.45m³ / 16ft³ (external) Baggage space: 3 carry-on and 3 bags

Speed: 140ktas | 260km/h Range: 624km / 387 mi

ESQUILO series 11

“One of the largest single engine Single-turbine 5 pax Helicopters helicopters in its class, AS 350 is available ideal for both corporate transport and sightseeing.”

Baggage volume: 1.0m³ / 35.3ft³ (external) Baggage space: 4 carry-on and 6 bags

Speed: 123ktas | 230km/h Range: 660km / 410 mi

ESQUILO B2-6 series 1

“This rare model of Esquilo has Single-turbine 6 pax Helicopter 6 seats and is ideal for family available trips and short business flights”

Baggage volume: 1.0m³ / 35.3ft³ (external) Baggage space: 4 carry-on and 6 bags

Speed: 123ktas | 230km/h Range: 660km / 410 mi

| 23 24 | AGUSTA A109 series 7

Twin-turbine 6 pax Helicopters “Known for its speed, spacious available interior, and elegant appearance, Agusta Grand gives its passengers a premium flying experience.”

Baggage volume: 0.9m³ / 32ft³ (external) Baggage space: 3 carry-on and 3 bags

Speed: 156ktas | 289km/h Range: 859km/ 533 mi

BELL 429 series 3

“The newest Bell flies farther, faster Twin-turbine 6 pax Helicopters and with greater comfort than any of available its predecessors. Praised for its spacious cabin, Bell 429 is synonymous with style.”

Baggage volume: 2.1m³ / 74 t³ (external) Baggage space: 6 carry-on and 6 bags

Speed: 150ktas | 278km/h Range: 772km / 448 mi

AIRBUS T145 series 2

Twin-turbine 8+1 pax Helicopters “The Airbus EC145 is synonymous available to technological advancements in aviation. It is the quietest helicopter in its class.”

Baggage volume: 1.32m³ / 46.7ft³ (external) Baggage space: 4 carry-on and 6 bags

Speed: 134ktas | 248km/h Range: 680km / 422 mi

| 25 DAUPHIN 365 series 1

Twin-turbine 8 pax Helicopter “Produced by Airbus, Dauphin available is widely known for its smooth fuselage and powerful performance.”

Baggage volume: 1.1m³ / 38.8ft³ (external) Baggage space: 6 carry-on and 8 bags

Speed: 145ktas | 269km/h Range: 827km/ 513 mi

AGUSTA AW139 series 3

“A larger stablemate for Twin-turbine 10 pax Helicopters Agusta’s A109 available is the most luxurious helicopter available on the Brazilian market.”

Baggage volume: 3.4m³ / 120ft³ (external) Baggage space: 10 carry-on and 10 bags

Speed: 167ktas | 310km/h Range: 1061km / 659 mi

SIKORSKY S76 series 2 “This twin-turbine helicopter Twin-turbine 10+2 pax Helicopters features the largest functional cabin available in its class and can comfortably accommodate up to 12 passengers.”

Baggage volume: 1.1m³ / 38ft³ (external) Baggage space: 8 carry-on and 8 bags

Speed: 154ktas | 287km/h Range: 762km / 473 mi

26 | SÃO PAULO CHARTER: Flávio Carvalho, City Manager SP, (11) 99939 8614

STRATEGY: Paul Malicki, CEO, (21) 97119 0066

Av. Paulista 171, 10 andar Bela Vista, CEP 01311-000

RIO DE JANEIRO

CHARTER: Manoel Assunção, City Manager RJ, (21) 98111 0008

FINANCE: Gustavo Tedeschi, CFO, (21) 99969 9487

Avenida Ayrton Senna, 2541 Aeroporto de Jacarepaguá, Rua D, Hangar 38

BELO HORIZONTE (SEDE)

RESERVATIONS: Nathalie Fonseca, Client Relationship, (31) 98430 4029

TECHNOLOGY: Arthur Virzin, CTO, (11) 99152 9191

Avenida Afonso Pena 4000, 4 andar Cruzeiro, CEP 30130-009

| 27 flyflapper.com

28 |