Press Release

Issued by FAI rent-a-jet.

April 20, 2011

German operator FAI rent-a-jet AG on April 15 hosted a big opening party of its new Hangar 6 and Office Building at Nuremberg Airport.

Under the Patronate of the German Federal Minister for Transport Dr. Peter Ramsauer and in presence of Secretary of State Katja Hessel and Unesco- Special Ambassador Dr. Ute Ohoven, around 250 guests from all over the world celebrated the completion of FAI's € 10 m-Investment which was completed in less than 12 months. A highlight of the evening was the performance of the famous Gipsy Kings from Spain.

“With the opening of our ultra modern Hangar 6 and Office Building FAI is setting new standards in aircraft maintenance and operations. It is our firm goal to attract aircraft owners for aircraft management while our new set up combined with our 25 years experience from more than 100,000 flight hours is underlining FAI's top level position in the general aviation industry”, Siegfried Axtmann, FAI's Chairman in a statement.

FAI's latest product is turnkey management for business jet aircraft of the manufacturer Bombardier and Falcon Dassault. Within a total fleet of 21 aircraft, FAI is managing already three aircraft on behalf of third party owners. FAI plans to double the number of aircraft under management by end of this year.