1
EXHIBIT 3
AIRPLANES GROUP PORTFOLIO ANALYSIS
DATE OF
MANUFACTURE/
REGION COUNTRY LESSEE TYPE ENGINE MSN NOTES CONVERSION
- ------ ------- ------ ----------- -------------- ----- -------- ------------
AFRICA...... Tunisia Nouvelair Tunisie MD-83 JT8D-219 49672 1-Jul-88
Tunisia Societe des Lignes
Aeriennes Interieures
(Tuninter) S.A. B737-300 CFM56-3C1 24905 1-Feb-91
ASIA & FAR
EAST...... Bangladesh GMG Airlines Limited DHC8-300 PW123 307 1-Dec-91
China China Southern B737-500 CFM56-3C1 24897 26-Feb-91
China China Southern B737-500 CFM56-3C1 25182 3-Feb-92
China China Southern B737-500 CFM56-3C1 25183 14-Feb-92
China China Southern B737-500 CFM56-3C1 25188 12-Mar-92
China China Xinjiang B757-200 RB211-535E4-37 26156 25-Nov-92
Indonesia PT Garuda Indonesia B737-400 CFM56-3C1 24683 7-Aug-90
Indonesia Merpati Nusantara Airlines B737-200A JT8D-15 22368 (1) 1-Sep-80
Indonesia PT Mandala Airlines B737-200A JT8D-17 21685 1-Jan-79
Indonesia PT Mandala Airlines B737-200A JT8D-15 22278 19-Mar-80
Indonesia PT Mandala Airlines B737-200A JT8D-17A 22803 14-Feb-83
Indonesia PT Mandala Airlines B737-200A JT8D-17A 22804 1-Feb-83
Indonesia PT Mandala Airlines B737-200A JT8D-17A 23023 30-Mar-83
Malaysia Air Asia Sdn. Bhd B737-300 CFM56-3C1 24907 1-Mar-91
Pakistan Pakistan International
Airlines Corporation A300-B4-200 CF6-50C2 269 11-Aug-83
Philippines Philippine Airlines Inc. B737-300 CFM56-3B1 24770 1-Oct-90
Philippines Philippine Airlines Inc. B737-400 CFM56-3C1 24684 1-Apr-90
South Korea Asiana Airlines Inc. B737-400 CFM56-3C1 24493 14-Jul-89
South Korea Asiana Airlines Inc. B737-400 CFM56-3C1 24520 21-Dec-89
Taiwan Far Eastern Air Transport
Corporation MD-83 JT8D-219 49950 1-Nov-91
AUSTRALIA &
NEW
ZEALAND..... Australia National Jet Systems Pty.
Limited DHC8-100 PW121 229 1-Sep-90
New Zealand New Zealand International
Airlines Limited METRO-III TPE331-11 705 1-Aug-88
New Zealand New Zealand International
Airlines Limited METRO-III TPE331-11 711 1-Mar-88
New Zealand New Zealand International
Airlines Limited METRO-III TPE331-11 712 1-Jun-88
EUROPE...... Bulgaria Balkan Bulgarian Airlines B737-300 CFM56-3B2 23749 (2) 1-May-87
Bulgaria Balkan Bulgarian Airlines B737-300 CFM56-3B2 23923 (2) 1-Apr-88
Czech Travel Servis a.s. B737-400 CFM56-3C1 24911 1-Apr-91
Republic
France Air France A320-200 CFM56-5A3 203 1-Sep-91
France Air France A320-200 CFM56-5A3 220 1-Sep-91
France Air Liberte S.A. MD-83 JT8D-219 49943 1-Jul-91
Hungary Malev B737-400 CFM56-3C1 25190 7-Apr-92
APPRAISED VALUE AS OF JANUARY 31, 2001
-------------------------------------------------
(IN THOUSANDS) % OF PORTFOLIO
BY APPRAISED
VALUES AS OF
REGION AIRCLAIMS AISI BK ASSOC. AVERAGE 31-JAN-01
- ------ ---------- ---------- ---------- ---------- --------------
AFRICA...... $ 15,260 $ 18,560 $ 19,100 $ 17,640 0.56%
20,460 22,690 22,850 22,000 0.70
ASIA & FAR
EAST...... 7,080 6,740 7,600 7,140 0.23
20,190 19,260 18,700 19,383 0.62
18,410 18,990 18,150 18,517 0.59
20,910 20,220 20,500 20,543 0.66
19,300 18,820 18,500 18,873 0.60
33,940 39,560 39,050 37,517 1.20
20,980 23,730 24,350 23,020 0.73
4,200 4,240 6,200 4,880 0.16
3,950 4,740 5,000 4,563 0.15
4,690 5,130 6,950 5,590 0.18
3,260 5,460 6,000 4,907 0.16
4,910 6,320 7,000 6,077 0.19
3,610 5,120 7,100 5,277 0.17
21,030 21,910 22,850 21,930 0.70
6,390 8,140 12,350 8,960 0.29
18,930 20,880 19,000 19,603 0.63
21,320 23,660 23,500 22,827 0.73
20,800 22,740 22,150 21,897 0.70
21,170 22,630 22,350 22,050 0.70
18,110 20,640 23,250 20,667 0.66
AUSTRALIA &
NEW
ZEALAND.....
5,260 5,110 7,750 6,040 0.19
420 950 1,550 973 0.03
500 940 1,550 997 0.03
460 940 1,550 983 0.03
EUROPE...... 16,550 19,110 17,600 17,753 0.57
16,590 18,760 17,650 17,667 0.56
22,570 25,080 24,000 23,883 0.76
26,320 26,920 28,200 27,147 0.87
26,820 26,300 27,100 26,740 0.85
18,600 20,650 22,300 20,517 0.65
21,850 24,910 25,100 23,953 0.76
2
AIRPLANES GROUP PORTFOLIO ANALYSIS -- (CONTINUED)
DATE OF
MANUFACTURE/
REGION COUNTRY LESSEE TYPE ENGINE MSN NOTES CONVERSION
- ------ ------- ------ ----------- -------------- ----- -------- ------------
EUROPE...... Hungary Malev B737-400 CFM56-3C1 26069 2-Nov-92
(CONTINUED) Hungary Malev B737-400 CFM56-3C1 26071 13-Nov-92
Italy Air One SpA B737-300 CFM56-3C1 25179 12-Feb-92
Italy Air One SpA B737-300 CFM56-3C1 25187 14-Mar-92
Italy Eurofly SpA MD-83 JT8D-219 49390 1-Apr-86
Italy Eurofly SpA MD-83 JT8D-219 49631 14-Jun-89
Italy Meridiana SpA MD-83 JT8D-219 49792 1-Nov-89
Italy Meridiana SpA MD-83 JT8D-219 49935 26-Sep-90
Italy Meridiana SpA MD-83 JT8D-219 49951 25-Aug-91
Macedonia Interimpex-Avioimpex A.D. MD-83 JT8D-219 49442 29-Apr-87
Netherlands Schreiner Airways DHC8-300 PW123 232 20-Oct-90
Netherlands Schreiner Airways DHC8-300 PW123 244 1-Dec-90
Netherlands Schreiner Airways DHC8-300 PW123 266 20-Mar-91
Netherlands Schreiner Airways DHC8-300 PW123 276 13-May-91
Netherlands Schreiner Airways DHC8-300 PW123 283 1-Sep-91
Netherlands Schreiner Airways DHC8-300 PW123 298 1-Apr-92
Netherlands Schreiner Airways DHC8-300 PW123 300 1-Apr-92
Norway Wideroe's Flyveselskap a/s DHC8-300 PW123 293 1-Oct-91
Norway Wideroe's Flyveselskap a/s DHC8-300 PW123 342 1-Dec-92
Spain Air Europa B737-400 CFM56-3C1 24906 24-Feb-91
Spain Air Europa B737-400 CFM56-3C1 24912 14-Jun-91
Spain Futura B737-400 CFM56-3C1 24689 3-Jul-90
Spain Futura B737-400 CFM56-3C1 24690 1-Jul-90
Spain Futura B737-400 CFM56-3C1 25180 21-Jan-92
Spain Spanair MD-83 JT8D-219 49620 1-Jul-88
Spain Spanair MD-83 JT8D-219 49624 1-Aug-88
Spain Spanair MD-83 JT8D-219 49626 22-Oct-88
Spain Spanair MD-83 JT8D-219 49709 1-Dec-88
Spain Spanair MD-83 JT8D-219 49936 6-Oct-90
Spain Spanair MD-83 JT8D-219 49938 1-Dec-90
Sweden Transwede Leisure AB B757-200 RB211-535E4-37 26151 23-Jul-92
Turkey MNG Havayollari
Ve Tasimaciligi A.S.
(MNG Airlines Cargo) A300C4-200 CF6-50C2 83 1-May-79
Turkey Pegasus B737-400 CFM56-3C1 24345 1-Jun-89
Turkey Pegasus B737-400 CFM56-3C1 24687 25-May-90
Turkey Turk Hava Yollari B737-400 CFM56-3C1 24917 24-Jun-91
Turkey Turk Hava Yollari B737-400 CFM56-3C1 25181 3-Feb-92
Turkey Turk Hava Yollari B737-400 CFM56-3C1 25184 2-Mar-92
Turkey Turk Hava Yollari B737-400 CFM56-3C1 25261 9-Apr-92
Turkey Turk Hava Yollari B737-400 CFM56-3C1 26065 1-May-92
Turkey Turk Hava Yollari B737-500 CFM56-3C1 25288 16-Jun-92
Turkey Turk Hava Yollari B737-500 CFM56-3C1 25289 12-Jun-92
AIRPLANES GR AIRPLANES GROUP PORTFOLIO ANALYSIS -- (CONTINUED)
APPRAISED VALUE AS OF JANUARY 31, 2001
-------------------------------------------------
(IN THOUSANDS) % OF PORTFOLIO
BY APPRAISED
VALUES AS OF
REGION AIRCLAIMS AISI BK ASSOC. AVERAGE 31-JAN-01
- ------ ---------- ---------- ---------- ---------- --------------
EUROPE...... $ 23,240 $ 26,300 $ 27,750 $ 25,763 0.82%
(CONTINUED) 23,640 26,300 27,750 25,897 0.83
21,430 22,560 23,700 22,563 0.72
21,800 22,560 23,800 22,720 0.72
14,410 16,830 16,000 15,747 0.50
15,810 19,590 19,700 18,367 0.59
16,410 18,490 19,000 17,967 0.57
17,910 20,550 22,500 20,320 0.65
18,540 21,580 23,100 21,073 0.67
13,390 17,450 17,050 15,963 0.51
6,330 6,010 7,100 6,480 0.21
6,570 6,060 7,700 6,777 0.22
6,990 6,700 7,650 7,113 0.23
7,130 6,700 7,700 7,177 0.23
6,790 6,780 7,800 7,123 0.23
7,060 7,320 8,000 7,460 0.24
6,840 7,330 8,200 7,457 0.24
6,800 6,700 7,850 7,117 0.23
7,680 7,370 8,750 7,933 0.25
23,010 24,450 24,300 23,920 0.76
23,600 24,270 25,000 24,290 0.77
21,030 23,920 23,700 22,883 0.73
21,480 23,990 23,750 23,073 0.74
22,650 25,920 26,000 24,857 0.79
15,960 18,890 19,450 18,100 0.58
14,950 18,800 18,450 17,400 0.55
15,190 18,930 19,100 17,740 0.57
14,920 18,690 19,000 17,537 0.56
18,120 19,930 21,750 19,933 0.64
16,300 19,360 21,050 18,903 0.60
32,430 39,470 38,900 36,933 1.18
15,410 12,880 15,750 14,680 0.47
20,430 22,090 22,800 21,773 0.69
21,440 23,220 23,500 22,720 0.72
23,720 24,800 25,300 24,607 0.78
23,040 26,220 26,200 25,153 0.80
23,020 26,230 27,100 25,450 0.81
23,010 26,100 26,550 25,220 0.80
23,030 25,920 26,850 25,267 0.81
19,750 19,710 20,500 19,987 0.64
20,000 19,700 20,250 19,983 0.64
3
AIRPLANES GROUP PORTFOLIO ANALYSIS -- (CONTINUED)
DATE OF
MANUFACTURE/
REGION COUNTRY LESSEE TYPE ENGINE MSN NOTES CONVERSION
- ------ ------- ------ ----------- -------------- ----- -------- ------------
EUROPE...... United Airtours International A320-200 CFM56-5A3 294 2-Apr-92
Kingdom
(CONTINUED) United Airtours International A320-200 CFM56-5A3 301 22-Apr-92
Kingdom
United Airtours International A320-200 CFM56-5A3 348 17-Jun-92
Kingdom
United Airtours International A320-200 CFM56-5A3 349 30-Oct-92
Kingdom
United Brymon Airways Limited DHC8-300 PW123 296 1-Oct-91
Kingdom
United Brymon Airways Limited DHC8-300 PW123 334 8-Oct-92
Kingdom
United Titan Airways Limited ATR42-300 PW120 109 14-Oct-88
Kingdom
United Titan Airways Limited ATR42-300 PW120 113 18-Nov-88
Kingdom
LATIN
AMERICA.... Antigua Liat 1974 Limited DHC8-100 PW120-A 113 1-Sep-88
Antigua Liat 1974 Limited DHC8-100 PW120-A 140 1-Mar-89
Antigua Liat 1974 Limited DHC8-100 PW120-A 144 1-Mar-89
Antigua Liat 1974 Limited DHC8-100 PW120-A 270 1-May-91
Argentina Aerolineas Argentinas S.A. B737-200A JT8D-17 21192 1-Mar-76
Argentina Lineas Aereas Privadas
Argentinas (L.A.P.A.) S.A. B737-200A JT8D-17 21193 1-Jul-76
Argentina Lineas Aereas Privadas
Argentinas (L.A.P.A.) S.A. B737-200A JT8D-15 22633 1-Mar-81
Brazil Rio-Sul B737-500 CFM56-3C1 25185 18-Feb-92
Brazil Rio-Sul B737-500 CFM56-3C1 25186 11-Mar-92
Brazil Rio-Sul B737-500 CFM56-3C1 25191 10-Apr-92
Brazil Rio-Sul B737-500 CFM56-3C1 25192 14-Apr-92
Brazil Rio-Sul B737-500 CFM56-3C1 26075 23-Oct-92
Brazil TAM F-100 TAY650-15 11284 31-Jul-90
Brazil TAM F-100 TAY650-15 11285 1-Aug-90
Brazil TAM F-100 TAY650-15 11304 27-Feb-91
Brazil TAM F-100 TAY650-15 11305 19-Apr-91
Brazil TAM F-100 TAY650-15 11336 5-Jun-91
Brazil TAM F-100 TAY650-15 11347 1-Oct-91
Brazil TAM F-100 TAY650-15 11348 6-Aug-91
Brazil TAM Express S.A. F-100 TAY650-15 11371 19-Dec-91
Brazil VARIG MD-11 CF6-80C2-D1F 48499 31-Dec-91
Brazil VARIG MD-11 CF6-80C2-D1F 48500 1-Mar-92
Brazil VARIG MD-11 CF6-80C2-D1F 48501 1-Sep-92
Chile A.I.L.L. DC8-71F CFM56-2C1 45810 (3)(4) 9-Apr-92
Chile A.I.L.L. DC8-71F CFM56-2C1 45970 (3)(4) 15-Oct-92
Chile A.I.L.L. DC8-71F CFM56-2C1 45976 (3)(4) 10-Aug-91
Chile Lan Chile B737-200A JT8D-15 22397 1-Feb-81
Chile Lan Chile B737-200A JT8D-17A 22407 1-Sep-80
Chile Lan Chile B737-200A JT8D-17A 23024 1-May-83
Chile Lan Chile B767-300ER PW4060 26204 1-Oct-92
Colombia AeroLineas Centrales de
Colombia S.A. ATR42-300 PW121-5A1 284 1-Jan-92
Colombia Avianca B757-200 RB211-535E4-37 26154 22-Sep-92
AIRPLANES GR AIRPLANES GROUP PORTFOLIO ANALYSIS -- (CONTINUED)
APPRAISED VALUE AS OF JANUARY 31, 2001
-------------------------------------------------
(IN THOUSANDS) % OF PORTFOLIO
BY APPRAISED
VALUES AS OF
REGION AIRCLAIMS AISI BK ASSOC. AVERAGE 31-JAN-01
- ------ ---------- ---------- ---------- ---------- --------------
EUROPE...... $ 26,460 $ 27,490 $ 27,950 $ 27,300 0.87%
(CONTINUED) 26,720 27,470 29,450 27,880 0.89
27,330 27,280 28,400 27,670 0.88
27,240 27,380 30,000 28,207 0.90
7,780 6,700 7,950 7,477 0.24
7,400 7,340 8,500 7,747 0.25
4,450 4,490 5,000 4,647 0.15
4,720 4,490 4,950 4,720 0.15
LATIN
AMERICA.... 4,020 4,330 4,950 4,433 0.14
4,220 4,730 4,550 4,500 0.14
4,410 4,600 5,400 4,803 0.15
4,960 5,550 5,750 5,420 0.17
4,250 3,950 4,400 4,200 0.13
3,110 3,300 4,350 3,587 0.11
4,680 5,140 6,550 5,457 0.17
21,360 20,020 19,650 20,343 0.65
20,240 20,070 19,550 19,953 0.64
18,860 20,190 19,850 19,633 0.63
21,200 19,940 19,600 20,247 0.65
21,800 19,990 21,250 21,013 0.67
11,610 10,630 11,450 11,230 0.36
11,590 10,730 11,400 11,240 0.36
11,780 10,850 12,150 11,593 0.37
12,790 11,420 12,150 12,120 0.39
12,110 11,020 12,750 11,960 0.38
12,000 11,100 13,250 12,117 0.39
12,060 10,820 14,100 12,327 0.39
13,320 11,390 13,450 12,720 0.41
49,220 61,040 70,300 60,187 1.92
52,330 64,870 71,450 62,883 2.01
51,030 64,710 73,500 63,080 2.01
13,080 13,210 12,450 12,913 0.41
14,500 13,950 12,450 13,633 0.43
13,270 14,090 12,450 13,270 0.42
3,770 4,690 6,150 4,870 0.16
4,040 4,890 6,200 5,043 0.16
4,850 5,870 7,800 6,173 0.20
55,340 60,350 56,500 57,397 1.83
5,670 6,430 6,350 6,150 0.20
33,070 38,280 37,300 36,217 1.16
4
AIRPLANES GROUP PORTFOLIO ANALYSIS -- (CONTINUED)
DATE OF
MANUFACTURE/
REGION COUNTRY LESSEE TYPE ENGINE MSN NOTES CONVERSION
- ------ ------- ------ ----------- -------------- ----- -------- ------------
LATIN
AMERICA.... Colombia Avianca B767-200ER PW4060 25421 14-Jan-92
(CONTINUED) Colombia Avianca MD-83 JT8D-219 49939 26-Oct-90
Colombia Avianca MD-83 JT8D-219 49946 18-Jul-91
Colombia Avianca MD-83 JT8D-219 53120 29-Jul-92
Colombia Avianca MD-83 JT8D-219 53125 2-Apr-92
Colombia Tampa DC8-71F CFM56-2C1 45849 (4) 9-Mar-91
Colombia Tampa DC8-71F CFM56-2C1 45945 (4) 19-May-92
Colombia Tampa DC8-71F CFM56-2C1 46066 (4) 24-Apr-91
Mexico Aeromexico DC9-32 JT8D-17 48125 1-Apr-80
Mexico Aeromexico DC9-32 JT8D-17 48126 1-Apr-80
Mexico Aeromexico DC9-32 JT8D-17 48127 1-Jul-80
Mexico Aeromexico DC9-32 JT8D-17 48128 1-Aug-80
Mexico Aeromexico DC9-32 JT8D-17 48129 1-Nov-80
Mexico Aeromexico DC9-32 JT8D-17 48130 1-Dec-80
Mexico Aeromexico MD-82 JT8D-217 49660 1-Mar-88
Mexico Aeromexico MD-82 JT8D-217A 49667 21-Jan-88
Mexico Aeromexico MD-87 JT8D-219 49673 1-Dec-88
Mexico Mexicana B727-200A JT8D-17R 21346 1-Oct-80
Mexico Mexicana B727-200A JT8D-17R 21600 1-Nov-80
Mexico Mexicana F-100 TAY650-15 11266 17-Aug-90
Mexico Mexicana F-100 TAY650-15 11309 16-May-91
Mexico Mexicana F-100 TAY650-15 11319 5-Apr-91
Mexico Mexicana F-100 TAY650-15 11339 1-Jul-91
Mexico Mexicana F-100 TAY650-15 11374 20-Jan-92
Mexico Mexicana F-100 TAY650-15 11375 1-Dec-92
Mexico Mexicana F-100 TAY650-15 11382 1-Jan-93
Mexico Mexicana F-100 TAY650-15 11384 1-Jan-93
Netherlands ALM 1997 Airline N.V. DHC8-300C PW123 230 1-Feb-91
Antilles
Netherlands ALM 1997 Airline N.V. DHC8-300C PW123 242 1-Nov-90
Antilles
Trinidad & Trinidad & Tobago
Tobago (BWIA International)
Airways Corporation MD-83 JT8D-219 49789 23-Sep-89
NORTH
AMERICA.... Canada Air Canada A320-200 CFM56-5A1 174 1-Apr-91
Canada Air Canada A320-200 CFM56-5A1 175 1-Apr-91
Canada Air Canada A320-200 CFM56-5A1 232 1-Oct-91
Canada Air Canada A320-200 CFM56-5A1 284 9-Mar-92
Canada Air Canada A320-200 CFM56-5A1 309 13-May-92
Canada Air Canada A320-200 CFM56-5A1 404 1-Jan-94
Canada Air Canada B737-200A JT8D-9A 21639 (1)(5) 1-Nov-78
Canada Air Canada B737-200A JT8D-9A 21712 (1)(5) 1-Feb-79
AIRPLANES GR AIRPLANES GROUP PORTFOLIO ANALYSIS -- (CONTINUED)
APPRAISED VALUE AS OF JANUARY 31, 2001
-------------------------------------------------
(IN THOUSANDS) % OF PORTFOLIO
BY APPRAISED
VALUES AS OF
REGION AIRCLAIMS AISI BK ASSOC. AVERAGE 31-JAN-01
- ------ ---------- ---------- ---------- ---------- --------------
LATIN
AMERICA.... $ 35,800 $ 48,460 $ 44,750 $ 43,003 1.37%
(CONTINUED) 17,290 19,960 20,500 19,250 0.61
16,980 20,730 20,950 19,553 0.62
18,330 21,920 22,100 20,783 0.66
18,150 21,640 21,850 20,547 0.66
12,740 13,590 12,450 12,927 0.41
14,250 14,130 12,350 13,577 0.43
13,710 13,660 12,450 13,273 0.42
2,370 4,390 3,300 3,353 0.11
3,310 5,340 4,250 4,300 0.14
2,260 4,620 3,100 3,327 0.11
2,930 4,540 4,050 3,840 0.12
2,460 4,580 3,700 3,580 0.11
2,710 4,700 3,750 3,720 0.12
15,390 17,640 17,000 16,677 0.53
15,980 17,720 15,950 16,550 0.53
9,330 12,820 14,300 12,150 0.39
3,550 4,260 3,700 3,837 0.12
2,730 3,970 3,050 3,250 0.10
12,180 10,600 11,800 11,527 0.37
12,640 10,910 12,000 11,850 0.38
12,100 10,990 12,000 11,697 0.37
12,800 11,310 13,150 12,420 0.40
11,800 11,590 13,200 12,197 0.39
12,600 11,640 13,850 12,697 0.40
12,630 11,540 13,900 12,690 0.40
11,900 11,650 13,950 12,500 0.40
6,540 7,060 7,650 7,083 0.23
6,420 7,040 7,700 7,053 0.22
15,180 18,620 19,950 17,917 0.57
NORTH
AMERICA.... 25,140 25,450 25,150 25,247 0.81
25,030 25,500 24,250 24,927 0.80
27,030 25,630 25,550 26,070 0.83
27,420 26,730 28,350 27,500 0.88
27,990 26,840 28,050 27,627 0.88
28,670 30,490 31,450 30,203 0.96
1,279 1,279 1,279 1,279 0.04
1,397 1,397 1,397 1,397 0.04
5
AIRPLANES GROUP PORTFOLIO ANALYSIS -- (CONTINUED)
DATE OF
MANUFACTURE/
REGION COUNTRY LESSEE TYPE ENGINE MSN NOTES CONVERSION
- ------ ------- ------ ----------- -------------- ----- -------- ------------
NORTH
AMERICA.... Canada Air Canada B737-200A JT8D-9A 22873 (1)(5) 1-Jul-82
(CONTINUED) Canada Air Canada B767-300ER PW4060 24948 19-Jul-91
Canada Air Canada B767-300ER PW4060 26200 1-Sep-92
U.S.A. Allegheny Airlines Inc. DHC8-100 PW121 258 1-Jan-91
U.S.A. America West B737-300QC CFM56-3B1 23499 1-Jun-86
U.S.A. America West B737-300QC CFM56-3B1 23500 1-Jun-86
U.S.A. American Airlines MD-83 JT8D-219 49941 1-Dec-90
U.S.A. American Airlines MD-83 JT8D-219 49949 5-Aug-91
U.S.A. BAX Global DC8-71F CFM56-2C1 45811 (4) 30-May-91
U.S.A. BAX Global DC8-71F CFM56-2C1 45813 (4) 28-Apr-92
U.S.A. BAX Global DC8-71F CFM56-2C1 45946 (4) 23-Apr-92
U.S.A. BAX Global DC8-71F CFM56-2C1 45971 (4) 13-Feb-92
U.S.A. BAX Global DC8-71F CFM56-2C1 45973 (4) 27-Feb-92
U.S.A. BAX Global DC8-71F CFM56-2C1 45978 (4) 23-Apr-93
U.S.A. BAX Global DC8-71F CFM56-2C1 45993 (4) 23-Jun-93
U.S.A. BAX Global DC8-71F CFM56-2C1 45994 (4) 1-Sep-94
U.S.A. BAX Global DC8-71F CFM56-2C1 45998 (4) 21-May-93
U.S.A. BAX Global DC8-71F CFM56-2C1 46065 (4) 12-Jan-92
U.S.A. Emery Worldwide DC8-71F CFM56-2C1 45996 (4) 29-Oct-92
U.S.A. Emery Worldwide DC8-71F CFM56-2C1 45997 (4) 7-Dec-93
U.S.A. Emery Worldwide DC8-73CF CFM56-2C1 46091 (4) 1-Dec-89
U.S.A. Frontier Airlines, Inc. B737-300 CFM56-3B1 23177 1-Apr-86
U.S.A. Hawaiian Airlines, Inc. DC9-51 JT8D-17 47742 1-Jun-77
U.S.A. Hawaiian Airlines, Inc. DC9-51 JT8D-17 47784 1-May-79
U.S.A. Hawaiian Airlines, Inc. DC9-51 JT8D-17 47796 1-Apr-79
U.S.A. Hawaiian Airlines, Inc. DC9-51 JT8D-17 48122 26-Jan-81
U.S.A. Idefix Leasing Corporation ATR42-300 PW120 249 1-Jun-91
U.S.A. Polar Air Cargo, Inc. B747-200SF JT9D-7Q 21730 (4) 27-Mar-98
U.S.A. TWA B767-300ER PW4060 25411 15-Jan-92
U.S.A. TWA MD-83 JT8D-219 49575 1-Oct-87
U.S.A. Vanguard Airlines B737-200A JT8D-15 21735 (1) 1-Jun-79
U.S.A. Vanguard Airlines B737-200A JT8D-15 22979 (1) 1-Mar-83
OTHER....... Kazakstan Air Kazakstan B737-200A JT8D-15 22090 1-May-80
Kazakstan Air Kazakstan B737-200A JT8D-15 22453 1-Mar-81
Ukraine Ukraine International
Airlines B737-200A JT8D-17A 22802 1-Feb-83
OFF-LEASE... Off-lease Off-lease A300-B4-200 CF6-50C2 131 (6) 7-Feb-81
Off-lease Off-lease B737-200A JT8D-17 21196 (6) 1-Jul-76
Off-lease Off-lease B737-200A JT8D-15 22369 (6) 1-Sep-80
Off-lease Off-lease B737-400 CFM56-3C1 24691 (6) 9-Aug-90
Off-lease Off-lease B737-400 CFM56-3C1 26081 (6) 10-Mar-93
Off-lease Off-lease DHC8-300 PW123 267 (6) 4-Apr-91
AIRPLANES GR AIRPLANES GROUP PORTFOLIO ANALYSIS -- (CONTINUED)
APPRAISED VALUE AS OF JANUARY 31, 2001
-------------------------------------------------
(IN THOUSANDS) % OF PORTFOLIO
BY APPRAISED
VALUES AS OF
REGION AIRCLAIMS AISI BK ASSOC. AVERAGE 31-JAN-01
- ------ ---------- ---------- ---------- ---------- --------------
NORTH
AMERICA.... $ 4,848 $ 4,848 $ 4,848 $ 4,848 0.15%
(CONTINUED) 50,780 57,210 50,500 52,830 1.68
55,190 60,700 59,850 58,580 1.87
4,920 5,460 6,100 5,493 0.18
18,310 19,060 15,950 17,773 0.57
18,480 18,890 16,150 17,840 0.57
17,500 20,070 22,050 19,873 0.63
17,250 21,190 22,650 20,363 0.65
15,140 14,090 12,050 13,760 0.44
14,380 13,880 11,800 13,353 0.43
12,540 14,320 12,600 13,153 0.42
13,080 13,150 12,450 12,893 0.41
12,770 14,160 12,450 13,127 0.42
13,600 13,490 12,450 13,180 0.42
13,910 13,380 12,450 13,247 0.42
13,840 13,540 12,450 13,277 0.42
12,730 14,230 12,450 13,137 0.42
14,600 13,940 12,450 13,663 0.44
14,740 13,790 13,100 13,877 0.44
13,370 13,960 12,450 13,260 0.42
16,690 16,100 17,600 16,797 0.54
13,700 16,860 13,450 14,670 0.47
2,700 3,880 3,200 3,260 0.10
1,910 4,000 3,700 3,203 0.10
2,240 4,490 3,250 3,327 0.11
2,870 4,640 3,900 3,803 0.12
5,280 6,000 6,250 5,843 0.19
27,070 30,550 33,050 30,223 0.96
53,700 61,300 58,200 57,733 1.84
14,800 17,820 18,650 17,090 0.55
4,950 5,860 6,150 5,653 0.18
5,880 7,040 7,350 6,757 0.22
OTHER....... 3,910 4,620 6,450 4,993 0.16
4,610 5,200 6,600 5,470 0.17
5,540 6,220 7,800 6,520 0.21
OFF-LEASE... 7,430 7,510 11,450 8,797 0.28
2,730 3,400 3,850 3,327 0.11
4,240 4,110 6,200 4,850 0.15
21,040 24,130 24,500 23,223 0.74
23,560 25,910 27,200 25,557 0.82
6,930 6,670 7,600 7,067 0.23
---------- ---------- ---------- ---------- ------
$2,933,514 $3,195,914 $3,276,674 $3,135,367 100.00%
========== ========== ========== ========== ======
6
- ---------------
(1) These aircraft are Stage 3 hushkitted aircraft.
(2) On February 15, 2001 the servicer issued notices terminating these leases
and it is currently seeking repossession of the aircraft.
(3) A.I.L.L. is an indirect 100% subsidiary of Lan Chile.
(4) The following table sets forth the date of original manufacture for the
aircraft that were converted to freighter aircraft:
DATE OF
SERIAL NUMBER MANUFACTURE
- ------------- -----------
45810.......................... May-67
45811.......................... Aug-67
45813.......................... Jan-67
45849.......................... Apr-67
45945.......................... Mar-68
45946.......................... Mar-68
45970.......................... Mar-68
45971.......................... May-68
45973.......................... May-68
45976.......................... Jul-68
45978.......................... Jul-68
45993.......................... Aug-68
45994.......................... Aug-68
45996.......................... Oct-68
45997.......................... Oct-68
45998.......................... Oct-68
46065.......................... Jun-69
46066.......................... Jun-69
46091.......................... Apr-70
21730.......................... Jun-79
(5) Aircraft lease receivable book values are used for the aircraft subject to
finance leases rather than appraised values.
(6) Of the six off-lease aircraft at January 31, 2001, three were subject to
lease agreements (MSN 22369 -- Merpati Nusantara Airlines; MSN 24691 -- PT
Garuda Indonesia; and MSN 26081 -- Philippine Airlines), one was subject to
a letter of intent (MSN 131 -- Heavylift Aviation Holdings Limited) and two
aircraft were available for marketing. As of February 20, 2001 one of the
aircraft subject to a lease agreement, MSN 26081, has been delivered to
Philippine Airlines.