Press Release

Issued by Luxaviation Switzerland.

December 6, 2010

ExecuJet Middle East and ExecuJet Europe are pleased to welcome a further seven new aircraft into their managed fleet, with a further four aircraft in the pipeline expected to join over the next few months.

The new editions compliment the existing 150 strong fleet already under management throughout ExecuJet's six operating regions worldwide.

ExecuJet Middle East has just signed a brand new Challenger 605 which is due to be delivered in January, this aircraft will be used for as both private and commercial operations. Further aircraft are also in the advanced stages of discussion with several more in the pipeline. Earlier this year ExecuJet Dubai also announced a Hawker 800XP and two Challenger 605s which also joined the fleet.

The further editions came from the European aircraft management fleet which has recently welcomed a Global XRS based in Moscow and a Gulfstream IVSP based in Geneva. Additionally, they will also introduce in their charter fleet Falcon 900EX based in Geneva, a Global 5000 based in Moscow Sheremetyevo, a CJ2+ based in Basel, a newly refurbished Global Express equipped with a brand new state-of-the-art interior that will be based in Zurich, and soon a Falcon 2000 based in Paris.

Merging of Charter Teams in Europe and Middle East

In an effort to create further coordination and higher optimisation of the charter services offered, ExecuJet has decided to merge the charter sales teams within the Middle East and Europe and will now manage a team of over 10 charter professionals. Both regions will be working on a common IT platform to further harmonise their services which will enable the team to sell flights for the entire fleet to all charter clients.

"We're happy to see the Middle Eastern market picking up speed again, with more and more aircraft owners coming to ExecuJet for aircraft management and other services such as maintenance, charter, dispatch, hangarage etc; attracted by the advantages such an integrated approach brings them and the experience plus professionalism of our team" stated Paul van der Blom, Aircraft management and Business Development Director, ExecuJet Middle East.

ExecuJet Middle East recently announced the edition of a second hangar at their Dubai facility which allows them to cater further for the maintenance needs of their clients. The company has also recently expanded their maintenance capabilities by became an authorised service centre for Embraer.