📄 Extracted Text (756 words)
To: Jeffrey EpsteinUeevacationagmail.comj
From: Sean J. Lancaster
Sent Mon 11/9/2009 3:49:25 PM
Subject: RE:
Joe Carfagna called me back to say they will budge off of $22.0 net. I do feel there may be some room ie
$21.750ish but I am guessing.
Best regards,
Sean J. Lancaster
Bristol Associates Inc.
m+-direct
2+1-202-682-4000 ext 1130 Main Office
0)+-Mobile
+1-540-301-0050 FAX
www.bristolassociates.com
This message may contain confidential and/or legally privileged mforrration. If you at, not the intended recipient of
the message. please destroy it. Any unauthonzed chssemmetion. chstnbutton or copying of the material in this
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From: Jeffrey Epstein [mailto:[email protected]]
Sent: Friday, November 06, 2009 10:46 AM
To: [email protected]
Subject: Re:
send the details photos etc on the bbj. s .offer 19.5 for the gv
On Fri, Nov 6, 2009 at 9:24 AM, Sean J. Lancaster < > wrote
EFTA_R1_01506708
EFTA02434895
Joe Carfagna just called me this morning to tell me that their deal where a potential trade on GV
sn 592 was proposed has fallen apart. That aircraft is back on the market.
The Netjets BBJ's are being offered with the remainder of the leases and a purchase at the end of
the lease at fair market value. The $250K per month lease and the FMV are negotiable now.
The current lease on the first aircraft expired Dec 2010 and the second Dec 2011. Joe is
suggesting low $40.0 million range.
Best regards,
Sean J. Lancaster
Bristol Associates Inc.
a direct
111+1-202-682-4000 ext 1130 Main Office
CD+ Mobile
§+1-540-301-0050 FAX
www.bristolassociates.com
This message may contain confidential andior legallyprivileged infonnation. !frog arc nor the intendedrecipient ofthe
message. please destroy 0. Any unauthorcedchsseminatton. distribution or copying ofthe material In ibis message. andany
attachments to the message, is strictlyforbidden. (ci 2009011rights reserved
From: Sean J. Lancaster (mailto
Sent: Tuesday, November 03, 2
To: 'Jeffrey Epstein': 'LVJET(a)aol.com'
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EFTA02434896
Subject: RE:
Sensitivity: Confidential
Subject:
Sensitivity: Confidential
Larry, thanks for the update on the 727. I agree with you that the STC and SFAR 88 compliance
is huge in terms of our ability to move the aircraft. We do continued to get calls on the aircraft
but the question on the fuel tanks is always an issue. Even if we deactivated them people are still
confused by the FAA rules and shy away.
I think the aircraft can be sold even in this market but pricing is an issue, We are offering the
aircraft for $10.0 million right now and we need to reintroduce the aircraft as soon as the STC is
complied with. I would like to run a new round of ads when that is done and we might want to
review our pricing to $8.5 to $9.0 as the asking price. But in order to do this I need some help
on the advertising invoice that I send as my boss will restrict my ability to buy ad's
I do want to mention two things:
The GV sn 592 is not sold it is back on the market as the buyer needs to trade an aircraft and
Leading Edge is hesitant to take the trade. B of A will finance the trade so eventually the deal
may go through.
Netjets is shutting their BBJ operations this week. They have two 6000 hour aircraft that they are
going to sell. Leading Edge is also the broker. I think that these aircraft will likely be sold in the
low $40's maybe even in the 30 million dollar range. I am closing watching this situation and will
keep you informed as Joe Carfagna called me just last night.
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Best regards,
Sean J. Lancaster
Bristol Associates Inc.
a)- direct
2+1-202-682-4000 ext 1130 Main Office
'9+1-540-301-0050 FAX
www.bristolassociates.com
This message may ronlain confidential ant im legally privileged information. Ifyou are not the intendedrecipient of the
message. ➢lease destroy it, Any unauthorized dissemination. distribution or cooing ofthe material in this message. and any
attachments to the message. is strictlyforbidden. to 2009 all rights reserved
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