Press Release

Issued by ABS Jets.

May 18, 2011

ABS Jets and CAE have signed an agreement to train pilots for multiple aircraft at Emirates-CAE Flight Training (ECFT) in Dubai, UAE.

The agreement represents another element of growth and range of services for ABS Jets, which include flight charter and brokerage, aircraft management, aircraft sales, and aircraft maintenance, repair and overhaul and other services.

ABS Jets currently has operational bases in Prague and Bratislava and has announced a joint partnership with Avcon Jet for an Embraer line maintenance station at Kiev Borispol airport in the Ukraine.