Press Release

Issued by Luxaviation Switzerland.

September 15, 2011

ExecuJet Europe has added 6 new aircraft to the managed fleet since April this year and is continuing to add on average one aircraft a month. New additions since March this year include a Danish-registered Falcon 7X, G-registered Falcon 900 EXy and 2000, both positioned at Geneva Airport and an Embraer Legacy 600 and a Hawker 800B, also on the UK register, based in Marseilles and Palma de Mallorca, respectively. Operated for private use and based at London City Airport, is a new Isle of Man M-registered Falcon 7X. The new arrivals boast ExecuJet's European-based managed fleet to 50-plus aircraft, one third of which are available for charter. Four of the six new aircraft (the Falcon 900 EXy the Falcon 2000, the Hawker 800B and the Legacy 600) are available for third party charter.

New Charter office opened in Palma and Geneva

ExecuJet has also added two new offices for charter sales – in Geneva and in Palma de Mallorca, Palma is one of Europe's busiest private terminals during the summer months and has already handled many charter enquiries over the last weeks. The new charter sales offices complement established bases in London, Zurich, Moscow and Berlin (Schönefeld).

"It is very positive that we are adding to our managed aircraft and charter fleet as the demand for charter in Europe starts to climb again," said ExecuJet Managing Director Europe, Cedric Migeon. "We are currently seeing a growing demand for a varied mix of aircraft and a trend among brokers and clients to request smaller cabin aircraft, not just long range aircraft, when seeking charter requests."

New Challenger 850 for the Middle East

ExecuJet Middle East, headquartered in Dubai, also continues to grow its managed aircraft fleet with the addition of a new Challenger 850. The aircraft is placed on ExecuJet's United Arab Emirates Air Operators Certificate and is available for charter flights.

ExecuJet Middle East Business Development Director Paul van der Blom stated: "We are very pleased with the new addition to the fleet. The Challenger 850, although not a new aircraft for us, is the first of this type on our commercial register and the owner is a repeat customer who we thank for his continued trust in ExecuJet." The aircraft will benefit from ExecuJet's complete management services package including crewing, dispatch, handling and in-house maintenance capabilities.