Common use of Scope of Activities Clause in Contracts

Scope of Activities. The scope of the Cayman Airways Limited activities is as follows: The company leases four 737-300 aircraft which provide international connection as well as service to Cayman Brac. The company provides fee based air transportation as well as air cargo services. The company also owns two Twin Otter aircraft through a wholly owned subsidiary – Cayman Airways Express. The aircraft provide service between Grand Cayman and the sister islands of Cayman Brac and Little Cayman. The airline generates additional revenue by providing handling services to other airlines at Xxxx Xxxxxxx Airport in Grand Cayman. The Company’s operations are broken in several distinct categories under an “Airlift Framework”. This framework features significantly in the Company’s operational planning and funding models and is defined as follows:

Scope of Activities. The scope of the Cayman Airways Limited activities is as follows: The company leases four three 737-300 aircraft 8MAX aircrafts which provide international connection as well as service to Cayman Brac. The company provides fee fee-based air transportation as well as air cargo services. The company also owns two SAAB 340 and two Twin Otter aircraft through a wholly owned subsidiary – Cayman Airways Express. The aircraft provide service between Grand Cayman and the sister islands of Cayman Brac and Little Cayman. The airline generates additional revenue by providing handling services to other airlines at Xxxx Xxxxxxx Airport in Grand Cayman. The Company’s operations are broken in several distinct categories under an “Airlift Framework”. This framework features significantly in the Company’s operational planning and funding models and is defined as follows: