IPO of Liniile Aeriene Romane

Dear investors,

Liniile Aeriene Romane starts its IPO today!

Liniile Aeriene Romane is one of the premium companies in Europe offering to its passengers the best comfort possible in term of seats and on-board services. Following this strategy we have been able to achieve a steady SLF of more than 90% every week in a very competitive environment and a gross margin of more than 25%. Due to our premium service strategy we are sure that in the coming weeks, when the AGEX will decline, we will be able to maintain our SLF and gross margins while we all see big or small companies going negative or even close the business.

We need the help of investors to increase our fleet and to add new destinations to our expanding network. We estimate that this will help us to become number 1 in OTP and to expand our business to a global airline. You can find below some details that could make you take the right decision: invest now in Liniile Aeriene Romane!

Calendar week                    15/2014               14/2014                             13/2014                             12/2014

Airports served                        55                  54 (+3.85%)                      52 (+13.04%)                   46 (+35.29%)

Passengers

Seat Load Factor (SLF)       92.16%          91.96% (-0.48%)               92.40% (+0.31%)              92.11% (-0.03%)

Cargo

Cargo load factor                  73.51%          76.69% (-1.52%)               77.87% (+8.18%)              71.98% (-0.12%)

Period:                          current week             last week            week before last             Change                       Total

profit/loss:                  4,670,345 AS$    4,260,835 AS$               3,687,468 AS$                +16%     12,618,648 AS$

Margin:                                       29%                     25%                               24%                                                 26%

Last but not least: as soon as it will be possible we will launch the buy-back program!

Thank you for investing!