Press Release

Issued by ARGUS International.

March 24, 2014

ARGUS International, Inc. is pleased to announce that they are implementing important updates to the ARGUS Audit Standard. This is the standard which is utilized to qualify a charter operator for the ARGUS Platinum and Gold Plus rating.

“The new additions combined with the established audit standard, has created an even more valuable and informative audit process,” stated Joe Moeggenberg, president and ceo of ARGUS. “The additions and enhancements to the standard are designed to further challenge today's sophisticated operators, who continue to respond positively to operational improvements brought on through their own initiative, industry best practices, and current or pending regulation. It has been very impressive to watch this industry evolve and relentlessly pursue new processes and procedures designed to further improve upon an already very respectable safety record.”

Some of the notable updates include:

- Additional standards that address global Safety Management System (SMS) requirements

- Improved alignment with International Civil Aviation Organization (ICAO) standards and recommended practices

- Incorporates updates and lessons learned from thousands of ARGUS audits performed throughout its' history

- Customizable applications to account for the varied array of operations and industry segments

“ARGUS is excited to release the latest version of our proven and respected audit standard," said Patrick O'Flaherty, director of business aviation audit programs at ARGUS. “The updated standard incorporates feedback from the ARGUS auditors, many of whom have hundreds of audits from which to develop their recommendations, as well as respected members of our industry who make up the ARGUS Audit Advisory Board. The updates to the standard continue ARGUS' ongoing efforts to utilize a relevant, scalable and thorough standard for evaluating air charter operators around the globe.”