Press Release

Issued by Jet Aviation.

November 8, 2007

Jetcraft Trading is now able to provide clients in the Middle East with aircraft transaction coordination services at Jet Aviation's existing FBO and maintenance location at the Dubai International Airport. The announcement came at this year's Dubai Air Show (Chalet A13 / Booth E546) and less than two months after the formation of Jetcraft Trading was made public at the 2007 NBAA.

Jetcraft Trading is a strategic alliance between the Jet Aviation group and Jetcraft Corporation, offering comprehensive aircraft sales and acquisition services worldwide. "Reaction to our NBAA announcement was very positive, so we decided to fast-track the offering of these services to Jet Aviation's clientele in the Middle East region and beyond," said John Ames, president and CEO of Jetcraft Corporation. "Jetcraft Trading has already closed several large transactions since the NBAA, and activity is substantially above plan."

Jetcraft Trading will provide discreet, local access to clients in the region who may have a need for aircraft transaction services. Jetcraft Trading will be represented by Hardy N. Bütschi, Jet Aviation Dubai's director of sales and customer relations who may be reached at +971 4 299 4464 or hardy.butschi@jetaviation.ae. Ames adds, "We look forward to continuing our strategic relationship with Jet Aviation in the Middle East, and to growing our regional presence, knowing that all private aviation support services will be seamlessly available to our clients using local contacts and our worldwide sales team. Jet Aviation's completions, maintenance, FBO, aircraft management and charter capabilities put the finishing touches on our worldwide offering."