Press Release

Issued by Luxaviation Switzerland.

May 3, 2010

The ExecuJet Aviation Group is to take over a 1,800 m_ business aviation hangar at Zurich Kloten Airport, effective of 01 April 2010.

"Hangarage at Zurich is very scarce, we are therefore very happy to be taking over this facility which is large enough to accommodate four large and one small business jets," said Nicole Gut, European FBO Director. "The hangar is also ideally located directly at the ExecuJet ramp and adjacent to the ExecuJet FBO making it convenient for passengers and crews".

With the increased hangar space ExecuJet will be able to grant further aircraft parking for clients, something that is in high demand over the winter months.

This expansion of hangarage complements the recent investment ExecuJet has made to its Zurich FBO. The Zurich Pilot lounge received a full refurbishment in January this year, in time for the 2010 World Economic Forum in Davos with plans for the FBO later this year.