Press Release

Issued by Jet Aviation.

May 16, 2008

Jet Aviation has appointed Michael Ruecker as the new senior vice president and general manager of the company's maintenance and FBO operation in Dubai, United Arab Emirates effective June 1, 2008. The announcement came at this year's EBACE convention (Booth #1147). He succeeds Phil Balmer who will facilitate Ruecker's introduction to his new responsibilities during a transition period.

Michael Ruecker re-joined Jet Aviation in October 2007 to take on special projects for the company's EMEA & Asia organization, including a reorganization plan for Dubai. He also served as interim director of maintenance in Basel prior to his new appointment. He left his native Germany to join Jet Aviation Basel in 1980 and went on to hold various positions with the company. He was CFO for Basel, Zurich and Geneva when in 1998 he left Jet Aviation to take on several management and consulting assignments in other sectors of the aviation industry. Ruecker completed a commercial-technical apprenticeship with the German railways and is a graduate of the Basel Higher Management School.

"We are happy that Michael Ruecker accepted our offer to become the new general manager of Jet Aviation Dubai," says André Wall, COO Jet Aviation EMEA & Asia, adding, "He knows the Jet Aviation organization in and out and is the right person to manage this important operation in the growing Middle East market. I am convinced that Michael's focus on quality and service will be of great benefit to our clients. I also want to thank Phil Balmer for his many contributions to successfully establishing Jet Aviation Dubai as a maintenance and FBO facility and wish him well in his future endeavors."