ROYALE AIRLINES, INC.  (OQ / RAY)

START:    /70         STOP: 02/27/89
CEASED TURBOPROP OPERATIONS 01/27/89
JET OPERATIONS TO EMERALD 02/27/89
CEASED OPS.

BEECHCRAFT 99

N1921T            U-128                       03/77    05/81
N1922T            U-104                       03/78    06/84
N4299A            U-146              N415SA   08/75    12/86
N444JJ            U-149              ZS-UAS   10/74      /75 RR N495R
N4499S            U-162                       03/75    12/84
N495R             U-149                         /75    06/84
N7699N            U-48                        09/77    05/81
N7994R            U-103                       02/80    05/81

deHAVILLAND CANADA DHC-6  TWIN OTTER

N921MA  200       160                N921HM   09/85    09/86
N924MA  200       216                N653MA   09/85    04/86
N926MA  200       133                N953SM   09/85    07/86
N928MA  300       269                CF-JJF   09/85    04/86
N931MA  200       169                N65169   09/85    04/86
N934MA  300       279                VH-PGU   09/85    04/86

EMBRAER EMB-110  BANDEIRANTE

N101WJ  P1        110203             PT-GLT   09/82    12/88
N691RA  P1        110237             PT-SAD   11/79    12/88
N692RA  P1        110240             PT-SAG   12/79    09/87
N693RA  P1        110279             PT-SBQ   08/80    03/87
N694RA  P1        110280             PT-SBR   08/80    03/87
N695RA  P1        110315             PT-SCV   02/81      /
N696RA  P1        110339             PT-SDO   05/81    12/88
N697RA  P1        110346             PT-SDV   07/81    04/88
N698RA  P1        110369             PT-SEN   11/81    12/88
N699RA  P1        110384             PT-SFB   06/82    02/88
N790RA  P1        110278             XA-LES   09/84    06/88

SHORTS 330

N690RA            SH3038             N444JJ
N695RA            SH

GRUMMAN G-159  GULFSTREAM 1

N371BG            4                  N99DE    09/84      /
N715RA            31                 C-FJFC   09/82    09/87
N716RA            43                 N39289   06/83    09/87
N717RA            167                C-GDWM   10/83    09/87
N718RA            174                N7004B   01/84    09/87
N719RA            28                 N118X    02/84    09/87
N721RA            65                 N641B    06/84    09/87
N722RA            168                N209T    08/84    09/87
N723RA            14                 N1607Z   10/84    09/87
N724RA            114                VH-WPA   09/84    09/87
N725RA            166                N75DM    05/85    09/87
N746G             46                          09/86      /

DOUGLAS / McDONNELL DOUGLAS DC-9 Family (DC-9 / MD-80)

N8962   14        45843/28                    01/84    12/84
N931EA  14        45698/5            EC-DIR     /        /