Press Release

Issued by .

November 18, 2008

Elite Jets, the luxury private jet operator based in Dubai proudly adds to its existing executive aircraft fleet the Falcon 900B, a one-of-a-kind business jet that exemplifies excellence in travel for the corporate VIP or leisure traveller in the Middle East.

"I am extremely pleased with our fleet expansion and the Falcon 900B aircraft will add even more choice and value to our clients travel requirements, for example the Falcon 900B effortlessly spans the globe and is designed to bring the world within your reach. It can comfortably accommodate passengers on flights from Dubai to Paris or London and Trans-Atlantic from London or Paris to Chicago or Caracas." said Mr. Ammar Balkar, Board Member, President and CEO of Elite Jets.

"The Falcon 900B with its classic tri-jet engine design, the 900B can use small airports at high altitudes, even on hot days. It's the most versatile aircraft and also one of the safest given its ability to fly slower on approach than its twinjet competitors" states Mr. Gerard Gallice, Regional Sales & Marketing Director, Dassault Aviation.

The Dassault Falcon 900B offers the best of all worlds, three engine dependability, wide body comfort and excellent short field performance. The Falcon 900B allows seating up to 14 passengers and a maximum range of 4,000 miles, depending on loads. This is the aircraft for comfortable Trans-Atlantic crossings. For example: with only 6 passengers onboard - it can travel up to 8 hours, non-stop, from Dubai to a destination as far as: Beijing, Tapei, Johannesburg, Accra, Lisbon or London with ease.

"Dassault Aviation of France is leasing this aircraft to Elite Jets and will be joining its fleet on 1st December 2008. The Falcon 900B will be based at the Dubai International Airport managed and operated by Elite Jets to fly their customers as well as customers of Dassault Aviation" add Mr Gallice.

"We have further plans to acquire two BBJs next year and take the fleet to 15 aircraft by 2010", states Mr. Balkar.

"Even despite uncertain global economic conditions, Elite Jets is confident in expanding its fleet as the Middle East's resilient business aviation sector continues to fly ahead. Regional & International Corporations & Businessmen are consolidating their market positions and frequent business jet travellers are actively seeking out private transportation to meet growing demands for fast turn around and convenient international travel solutions," adds Mr. Balkar.

Elite Jets thrives on providing its patrons with safe, luxurious, private and comfortable trips. With its new fleet addition, a modern and luxurious fleet, a highly experienced management team, and a dedicated flight & cabin crew, Elite Jets can continue to provide unparallel services in today's private jet charter environment.