Press Release

Issued by Aura Aviation.

September 10, 2012

The last few weeks have seen JetBrokers Europe enjoying their busiest ever sale period with a total of four deal completions in as many weeks. A further 2 completions are expected within days and one more sale will close in October.

The summer transactions include Citation Sovereign 680-216 which was delivered to a US buyer, King Air 350 FL-0477 also headed to the US, whilst a TBM700B stayed in the UK. Completing the sale line up was Premier 1 RB048 which has relocated to Thailand.

With this level of sales activity it has been necessary to maintain some focus on gaining new listings and a 2009 Citation Sovereign sn 680-276 and a 1998 Falcon 50EX sn 0268 have already been secured. A number of other aircraft are currently in the pipeline but the team are keen to hear from aircraft owners who are looking for support. Having sold two Citation Sovereigns within the last year, 0268 is the third such aircraft listed by JetBrokers Europe, reflecting the level of expertise that they have with this sector.

One of the key differentiators for JetBrokers Europe is the support of JetBrokers Inc, their US based partner. Together the two companies share a sales inventory of around 40 aircraft at any one time and are able to offer a truly global contact network. "It's this global network that enables us to achieve results for our clients, usually considerably quicker than the average sales period for similar aircraft. It's a shame to see so many sales heading out of Europe but sadly that's the state of the market today. Our structure and our marketing process enables us to exploit what potential exists in what continues to be a challenging market," commented Managing Director, Tim Barber.

In conjunction with sister company Aura Aviation, the UK and Eire appointed sales representative for the Daher Socata TBM850, JetBrokers Europe will be exhibiting at BAE this week and have the Falcon 50EX, sn 0268 and a TBM850, sn 440 on static display at the show.

Brendan Lodge, Business Development Director of JetBrokers Europe and Chairman of CEPA, is managing the sale of the Falcon 50EX on display and is looking forward to showing the aircraft to prospective buyers. "It's a great example and will show well. I'm confident that we won't have this aircraft available for long as interest levels have been very high," added Lodge.

Adrian Munday heads up the TBM sales operation at Aura Aviation and has already had a busy summer, having shown TBM's at Aero Expo at Sywell and the Goodwood Festival of Speed. He commented. "There's a good level of interest in the TBM850 currently and I am confident that we'll be able to close a sale for another new delivery in the near future. In the meantime, our focus is on selling our pre-owned inventory." Currently Aura and JetBrokers are offering TBM 700B sn 232, TBM 700C1 0244 and TBM 850 sn 440, which is on display at BAE this week.