Press Release

Issued by FAI rent-a-jet.

November 15, 2011

FAI rent-a-jet AG, the operator of one of Europe's largest fleets of business jets and certainly one of the world's largest Learjet/Bombardier fleets, a leader in medical evacuation and transport around the world has established a new aircraft sales, lease and management department.

"We have been in business for twenty five years, successfully operating a fleet of more than twenty jets in both executive air charter and air ambulance and are also a fully certified EASA Part145 maintenance facility." said Siegfried Axtmann, Chairman of FAI. "We operate out of our brand new state of the art hangar and office building ideally located in Europe at the 24/7 Nuremberg airport (NUE). Opening this new department was a logical decision. We are aiming to develop our turnkey aircraft management program clientele and assure regular and smooth aircraft turnover." Axtmann added.

To head this department Axtmann appointed Thierry S. Huguenin as Director of Aircraft Sales, Lease and Management. Thierry is a veteran in general aviation with more than two decades of aircraft brokerage and sales under his belt. He is well known in the industry as the owner and founder of TSH aero, Inc.

"I am delighted to join the ranks of FAI rent-a-jet AG and reinforce my long-time business relationship and friendship with Siegfried Axtmann." said Thierry Huguenin. "And I look forward continuing cooperating closely with fellow aircraft brokers and dealers in my new capacity."