Aerolineas Argentinas and North American Airlines, Inc.

98-015 | Filed February 12, 1998 | Approved February 26, 1998 for 2/26/98-12/31/98

Re: Statement of Authorization for Long-Term Wet-Lease to Aerolineas Argentinas - (Approval Stamp is on Page 2)

Permit NAA to wet lease B-757-200 passenger aircraft to Aerolineas Argentinas, Inc. ("Aerolineas"). NAA has entered into an agreement to operate subservice on behalf of Aerolineas upon request when its aircraft is undergoing scheduled or unscheduled maintenance. This Agreement enables NAA to perform such ad hoc subservice flights under terms which have been reviewed by the FAA on short notice.

Counsel: Baker Hostetler, David Kirstein, 202.861.1756