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SCHEDULE B-1

ISLAND AIR FERRIES, INC.
FLIGHT EXPENSES
For the Year Ended December 31, 1950

FLYING OPERATIONS EXPENSE:

[[2 columns]]

Rental | $117.50
Travel and incidental flying  | 21.80
Other services | 100.00
Aircraft engine fuel and oil | 456.03
Other supplies | 6.36
Insurance | 283.29
   | ________
TOTAL FLYING OPERATIONS | $984.98
 

DIRECT MAINTENANCE - FLIGHT EQUIPMENT:  | 
Materials and outside repairs - aircraft | $208.12
Materials and outside repairs - engines | 76.49
Materials and outside repairs - other | 148.02
   | ____________
TOTAL DIRECT MAINTENANCE - FLIGHT EXQUIPMENT | $432.63