SIERRA PACIFIC AIRLINES, INC.  (SPA)

START:              STOP:            CURRENT

CONVAIR 340

N3413   32        37                            /73      /
N3416   32        47                          03/72      /76
N4819C  38        138                         09/73 03/13/74 WO near Bishop, Ca

CONVAIR 440 (340 converted to 440 standard)

N4814C            107                         11/73      /75 cvtd 340-38
N4815C            117                         04/74      /76 cvtd 340-38

HANDLEY PAGE HP-137  JETSTREAM

N14RJ             202/1              N1039S   08/75    10/78
N16RJ             220/19                      07/75    12/78
N17RJ             214/13             CF-QJB   04/76    08/78

deHAVILLAND CANADA DHC-6  TWIN OTTER

N272Z   300       272                N388EX   05/81    01/83
N288Z   300       288                C-GFXJ   03/81    01/83
N361V   300       361                         07/78 02/15/83 WO Sun Valley, ID
N388EX  300       272                         05/80    05/81 RR N272Z

CONVAIR 580

N5843             42                 N73123   09/78    03/80 cvtd 340-31
N73106            7                           03/85    *     cvtd 340-31; LT JC 10/86-09/88
N73112            16                          10/74    *     cvtd 340-31
N73117            25                          12/81    10/84 cvtd 340-31
N73121            35                 N115GS   11/83    *     cvtd 340-31; LT RM 10/87-10/88; LT CD 05/90-09/90
N73153            179                         11/78    *     cvtd 340-31; various leases 10/80-
N73157            312                N1092    06/83    *     cvtd 440-77; LT RM 10/87-08/88
N73160            336                OO-SCL   03/88    12/88 cvtd 440-12; LT AP (WO)
N73166            374                OO-SCS   03/85    *     cvtd 440-12; LT Arizona Air   /93-*
N73301            80                 N3425    11/74    *     cvtd 340-32; various leases 11/87-

BOEING 737

N708AW  112       19771/212   708    HP-1038  04/90    10/91 LF HP
N709SP  112       19770/203          N73GQ    11/90    11/93
N142AW  281       20449/259          EI-BEF   11/91    03/92 RR N722S
N310VA  284(A)    21510/492          N196AW   06/95    09/95 LF VAS
N4503W  247       19600/44    4503            04/91    07/92
N473AC  247       19614/105   473    N4517W   04/91      /
N703ML  2T4(A)    22529/750          EI-BRN   06/91    01/92 RR N703S
N703S   2T4(A)    22529/750          N703ML   01/92    *
N722S   281       20449/259          N142AW   03/92    12/93
N903RC  247       19598/33    903    N4501W   06/96    09/96
N730S   3Q8       23506/1249         N881LF   10/91    12/92
N732S   3Q8       23406/1215         N153AW   12/91      /93
N736S   3A4       23752/1484         EC-FFB   03/92      /93