Press Release

Issued by World Fuel Services.

November 2, 2016

World Fuel Services announced today that the Air Elite Network has welcomed eight Deer Jet FBOs in China to its global network of diamond service FBOs. The addition of these Deer Jet locations expands the Air Elite Network into the Chinese market.

Deer Jet Co. Ltd was established in 1995 as the very first business jet operator in China, providing clients with a comprehensive range of services including private jet charter, aircraft management, medical rescue, aircraft sales, maintenance, FBO/ground handling, helicopter operations, and luxury yacht services. To date, the company operates and manages a fleet of 90 aircraft flying to 820 airports across 180 countries and territories. It is the largest business jet operator in Asia, managing the only BBJ 787 "Dream Jet" in the world. In 2015, the UK-based World Travel Awards (WTA) named the company "The World's Leading Private Jet Charter".

Deer Jet currently operates a chain of eight FBOs located strategically throughout China. Each FBO has been approved for membership and signed with the Air Elite Network:

- Shenzhen Bao'an International Airport (ZGSZ), Shenzhen, Guangdong, China

- Sanya Phoenix International Airport (ZJSY), Sanya, Hainan, China

- Haikou Meilan International Airport (ZJHK), Haikou, Hainan, China

- Guangxi Nanning Wuxu International Airport (ZGNN), Nanning, Guangxi, China

- Xi'an Xianyang International Airport (ZLXY), Xianyang, Shanxi, China

- Hangzhou Xiaoshan International Airport (ZSHC), Hangzhou, Zhejiang, China

- Guilin Liangjiang International Airport (ZGKL), Guilin, Guangxi, China

- Changsha Huanghua International Airport (ZGHA), Changsha, Hunan, China

Commenting on the benefits of this partnership to customers, Mr. Li Zheng, executive vice president of Deer Jet said: “Deer Jet operates Asia's largest private jet fleet and is dedicated to enhancing its FBO ground handling services capabilities across China. By joining the Air Elite Diamond Service Network and accepting the AVCARD aviation charge card, we are adding two new milestones to the enhancement of our services, strengthening our competitiveness in China's business aviation industry. We are promising to deliver extraordinary customer experiences based on the highest international standards. For this purpose, we feel very proud to partner with World Fuel Services, becoming Air Elite's first member in Asia. We welcome customers from all over the world to experience the Diamond difference at Deer Jet's FBOs.

Today, Deer Jet operates eight FBOs in China including Changsha, Shenzhen, Sanya, Haikou, Nanning, Guilin, Hangzhou and Xi'an. The company has become the only Chinese operator with a comprehensive FBO chain. Deer Jet will continue to further expand its FBO network with unmatched professionalism and the most advanced service concept, further striving to improve the operating condition for the Chinese business aviation industry."

“The addition of our new Air Elite FBO members in an emerging market like China truly reflects the diversity of this network and our desire to grow Air Elite as a global standard in FBO service,” said John Rau, World Fuel Services' executive vice president, global aviation and marine. “Service excellence in our industry transcends borders and cultures. We are honored to welcome these new FBOs.”

Year to date, the Air Elite Network has grown by 12 locations. The network now encompasses 62 uniquely exceptional diamond service FBOs worldwide and has been growing steadily since it was established in 2011. Each FBO member must meet a number of airport, facility and service quality standards to qualify for membership.