Press Release

Issued by ImperialJet Europe.

May 14, 2012

ImperialJet, the aircraft management and charter company, has introduced its new capped aircraft management service. The service has been designed to provide capped management costs for owners, and this not only reduces management costs but also ensures that ImperialJet the best prices with suppliers. This also has the benefit of reducing the amount of paperwork that the owners receive every month through re-billing.

Depending on the owner's unique requirements, ImperialJet can provide the traditional re-billing model or the new capped cost version. As an added benefit, availability is also provided from within the fleet and so there is always an aircraft to use even when the owner's is in maintenance or generating charter revenue.

"The service was developed solely for the purpose of easing the financial and administrative strain of owning and managing an aircraft. We are able to tailor the service to suit individual needs and can offer the traditional rebilling, or capped model which restricts the cost burden on the owner", noted Graeme Deary, ImperialJet commercial director, adding that: "This means that the financial risk of managing an aircraft is removed from the owner and in return they receive revenue from charter flights. With only one monthly invoice the administrative burden is reduced allowing the owner to enjoy flying without the normal everyday hassles." Graeme added 'Our dedicated relationship managers ensure clear communication with the customer provide availability on our fleet should the owner's aircraft not be available for whatever reason. We are delighted with the response to this service and look forward to developing the fleet further.

The company operates with a European AOC ImperialJet which ensures that it is able to maximise its charter revenue throughout the region with its sales team across Europe, Russia and the Middle East.