Press Release

Issued by JETNET.

October 10, 2011

JETNET LLC, the world leader in aviation market intelligence, today announced results from its latest JETNET iQ research on the state of the business aviation industry. These results were released on the opening day of the 2011 National Business Aviation Association (NBAA) Convention in Las Vegas, NV, the world's largest gathering of business aviation professionals.

At the heart of JETNET iQ is a proprietary quarterly on-line survey of business aircraft owners and operators. Respondents are contacted directly by JETNET's 42-person multilingual research team and provided a unique password and electronic link to the survey, which is available in 7 languages (Arabic, English, French, German, Portuguese, Spanish, and Russian).

Survey respondent profile (Q1 through Q3 2011):

• 1,500 owners and operators of 3,500 fixed wing turbine aircraft in 80 countries

• 59% North America, 19% Latin America & Caribbean, 13% Europe, 4% Asia Pacific, 4% Africa, 1% Middle East and Former Soviet Union

• 32% senior management / 68% aviation professional

• 53% made or influenced the last aircraft purchase decision

Brand reputations

Respondents in Q3 2011 indicate that Gulfstream is the overall business aircraft brand leader, scoring 8.6 on a 1-10 scale, where 10 is the highest possible score. Owners and operators of Gulfstream aircraft are more likely to rate their brand as #1 across various brand elements than any other respondent group. Respondents rate Cessna as #1 for reliability, service & support, and value for investment. Hawker Beechcraft is the top-rated brand for business turboprop aircraft across all brand elements. Pratt & Whitney Canada is the top-rated engine brand (8.8), followed closely by Rolls-Royce (8.7). Embraer is the brand that respondents believe will improve the most over the next 5-10 years.

JETNET iQ Fly/Buy Index

JETNET announced a new quarterly business aviation index. The JETNET iQ Fly/Buy Index is a composite measure of expected flight activity and new aircraft orders over the next 12 months. Based on responses to JETNET iQ's Global Business Aviation Surveys, the JETNET iQ Fly/Buy Index was established at a value of 100 based on market conditions at the beginning of 2011. The Index in Q2 2011 was 113.6. In other words, business aircraft owners and operators indicated that their intent to fly and buy business aircraft was up 13.6% over Q1 2011. In Q3 2011, the Index was 112.1, suggesting some slowing in the rate of increase in flight and order activity over the next 12 months, but still 12.1% higher than in Q1 2011. Index values above 100 indicate a growth in flying and ordering intentions over the levels anticipated by owners and operators in Q1 2011 when JETNET iQ surveys began.

JETNET iQ Business Jet Delivery Forecast

JETNET also announced its JETNET iQ Q3 2011 Business Jet Delivery Forecast. In the 10-year period from 2011-2020, there will be 11,381 business jets delivered, with a total delivery value of $US 258 Billion based on 2011 dollars and equipped list prices.

The largest volume of deliveries will be in the so-called Very Light Jet and Light Jet segments, with 36% of delivery units accounting for 10% of delivery value over the next 10 years. The Large Ultra Long- Range Jet segment is expected to represent 13% of delivery units and 33% of delivery value, by far the largest dollar segment in our forecast. By region, North America (USA and Canada) are expected to take delivery of 50% of all business jets over the next 10 years, followed by Europe (21%), Asia Pacific (12%) and Latin America & Caribbean (9%).

Launched in January 2011, JETNET iQ is a collaborative effort of JETNET LLC and Rolland Vincent Associates, LLC, a Texas-based aviation consultancy. Available on a members-only basis, JETNET iQ is JETNET's forecasting and premium advisory service for business aviation, part of JETNET's spectrum of products and services designed to help customers "Know More."

JETNET iQ has 3 main elements:

• JETNET iQ REPORTS are the definitive analytical reference for the business aviation industry, incorporating quarterly state-of-the-industry analyses, voice-of-the-customer insights, and detailed demand forecasts.

• JETNET iQ SUMMITS provide unique networking conferences for thought-provoking, independent insights into the state of the industry, and results from JETNET iQ's latest surveys and forecasts.

• JETNET iQ CONSULTING serves the needs of members with customized research and analysis requirements on a project-by-project basis.

JETNET iQ's quarterly Global Business Aviation Surveys are web-based, password-protected andmultilingual (Arabic, English, French, German, Portuguese, Spanish, and Russian). Aircraft owners and operators share their insights on aircraft purchase and selling intentions, purchase criteria, purchase inhibitors, brand preferences, utilization intentions, desired new product improvements, and a number of other factors. Each quarter, more than 500 respondents participate from 50 or more countries. JETNET iQ surveys have already attracted more than 1,500 respondents operating more than 3,500 fixed-wing turbine aircraft from 80 countries worldwide.

Since 1988, JETNET has delivered the most comprehensive and reliable business aircraft research to its exclusive clientele of aviation professionals worldwide. JETNET's portfolio of services includes JETNET iQ, JETNET Evolution, AERODEX, Aviation Business Index (ABI), AvData, JETNET CRM, Helidex, Rotodex, JETNET Evolution Mobile, and Sales Price Index (SPI). JETNET is the ultimate source for information and intelligence on the worldwide business aircraft fleet and marketplace, comprised of some 60,000 airframes. The company offers services for both fixed wing and helicopter aircraft. Headquartered in its state-of-the-art facility in Utica, NY, JETNET offers comprehensive userfriendly

aircraft data via real-time internet access or regular updates.