Press Release

Issued by Alerion Aviation.

October 10, 2011

JetFlite International, aka JFI, a worldwide provider of aircraft management and charter services, has entered an agreement with Moscow-based Best-Jets LLC to help JFI develop its business aviation interests in Russia. The new venture is called JFI Russia.

Regarding JFI Russia, JFI has been utilizing Best-Jets' handling services and aircraft for the past five years. "With JFI located in California and New York, trying to get a foothold in Russia is nearly impossible without having people and staff located there," Cripe said. Best-Jets was established in 2006 and has quickly become one of the most experienced Russian companies in aircraft crewing services, technical support, and aircraft management. We will now have sales, handling and dispatch, and new business lead support in Russia."

Last month JFI expanded its Moscow presence by adding a Challenger 601 based at Vnukovo Airport and adding to its sales and dispatch staff there.

"From our perspective Moscow is an emerging market and there is a lot of opportunity there," Cripe said. "This summer in Moscow we flew one of our airplanes over 80 hours a month in charter. We have expertise that is unique to a US operator working in Russia. We have been offering a Gulfstream G200 out of Moscow and were confident enough that we moved another airplane, a Challenger 601 there. There is a good chance we will be adding a Gulfstream GV there."

Cripe said JFI has three major hubs of aviation, New York, Moscow, and the West Coast where it has operating bases.

Carrie Simpson, JFI's vice president sales and owner relations, said, "the Moscow market is going to prove key to JFI's operations in the coming months and years." "Our customers fly out of Moscow to throughout Russia and Europe, the United States, the Galapagos Islands, Seoul, Korea, Asia, even Kabul, Afghanistan."