Press Release

Issued by Oxford Aviation Services Ltd.

February 28, 2011

London Oxford Airport is pleased to offer enhanced operational performance for resident and visiting aircraft, following approval last week by the UK Civil Aviation Authority to allow a 21% (896 ft/273m) increase in the declared take-off distance from its runway. Four years ago investment was made in a wider and stronger runway.

Licensed take-off distances are now 5,223 ft (1,592m) and 5,112 ft (1,558m), allowing many more business aircraft types to achieve maximum take-off weight or near maximum performance from the airport for the first time. This is good news for operators headed transatlantic or for non-stop destinations in the Middle East or beyond. In addition, more regional airliner types can now maximise passenger loads from the airport.

The increased useable lengths come hard on the heels of newly approved runway status from Code 2C to Code 3C. This was achieved following an extensive programme to remove obstacles and safeguard the safety surfaces to the sides of the runway and on the approaches at either end.

Mike Sparrow, Airport Manager at London Oxford Airport commented: "We initiated a project a couple of years ago to relocate navigation aids and deal with several hundred trees and other obstacles with the aim of achieving Code 3C runway parameters, following the laying of a new runway in 2007."

James Dillon-Godfray, Business Development Director, added: 'This achievement makes a substantial difference for the future evolution of the airport. Many business jet and regional airliner types can now carry more passengers, or achieve significant gains in range from the airport. Outbound transatlantic charters are now possible on certain types, opening up the North American market for us, for the first time. On the airline side, we can now court the furthest parts of the European market." From June, London Oxford Airport will commence regular charters from Oxford to Palma, Mallorca.

At the end of November, the airport received its largest ever aircraft, the Embraer Lineage 1000, which as the EMB-190 in airline configuration, carries nearly 100 passengers. Operated by Oxford-based charter company, Hangar 8 plc, the Oxford-based Lineage can easily undertake transcontinental flights from Oxford Airport.

London Oxford Airport is exhibiting at the maiden Business Airport World Expo Show this week 1-3 March at FIVE, Farnborough, UK. Stand No 3036.