X0202 4 2006-01-11 0 0001128281 FBO AIR, INC. FBOR.OB 0001339354 Dow John H 236 SING SING ROAD HORSEHEADS NY 14845 1 0 1 0 Common Stock, $.01 par value 2006-01-11 4 M 0 250000 .33 A 2583334 D Common Stock, $.01 par value 2006-01-11 4 F 0 165000 .50 D 2418334 D Employee Stock Option (right to buy) .33 2006-01-11 4 M 0 250000 00000 A 2010-09-22 Common Stock, $.01 par value per share 250000 0 D 1,418,332 of the shares are owned directly by Mr. Dow and the balance of such shares are owned by Daphine Dow, the spouse of the reporting person. Any time. /s/ John H. Dow 2006-01-20