Press Release

Issued by OJets.

April 5, 2018

OJets, a new integrated provider of comprehensive business aviation services, today launched its service and announced the purchase of a Bombardier Global 6000 and a Bombardier Challenger 650 from Minsheng Financial Leasing Co., Ltd, a leading financial institution for business aviation.

“We are honored to have closed with Minsheng Finance Leasing Co. of China as our finance partner and look forward to building our relationship as we expand OJets,” said Michael Ta, CFO, OJets. “We have implemented a growth objective to quadruple the size of OJets' current fleet by the end of Q2. This growth is underpinned by US$350 million in equity and debt; and will establish OJets as a global operator with one of the newest fleets of long range business aircraft in service.”

Headquartered in Singapore, OJets' world-class team is guided by a commitment to delivering industry-defining service, tailored to the most discerning Asian and international business travelers. OJets makes trans-Pacific and transcontinental air travel luxurious and convenient.

OJets provides the pinnacle of service excellence and bespoke experience in business aviation to clients worldwide. Principal services include:

- On-demand charter, for occasional travelers. A competitive and flexible pay-as-you-fly service, including: one-way trips, choice of aircraft and no hidden fees.

- Block hour program, for frequent travelers. Highly-personalized service with 48-hour guaranteed aircraft availability at a fixed hourly rate, including: global coverage without ferry fees within service area, no initiation fee and no monthly management fees.

OJets aircraft are equipped with the conveniences and luxuries expected by an elite clientele; the world's fastest in-flight Wi-Fi, dedicated comfortable workspaces and luxurious sleeping configurations, appointed with hand-picked accessories.

Expertly trained in the hospitality arts, white glove service is provided by OJets' international and multilingual team of flight attendants who work diligently to provide gourmet food and beverage menus that perfectly reflect clients' tastes and preferences.

The OJets brand features the signature “O”, inspired the Asian symbol “ensō”, which represents strength, elegance and infinity. Ensō is the embodiment of OJets' vision of connecting East and West with a global reach at the pinnacle of luxury business aviation.

“We are delighted to collaborate with OJets, a new integrated provider of comprehensive business aviation services, to bring a Global 6000 and a Challenger 650 into its fleet,” said Mr. Wang Fuhou, president, business and commercial aviation leasing division, Minsheng Financial Leasing Co., Ltd. “Both parties are confident in our partnership and in the business aviation market. We look forward to the success of this cooperation.”