Press Release

Issued by ExecuJet Middle East.

January 31, 2007

ExecuJet Aviation Group has seen a terrific growth in its Middle East activity since it opened the doors of its new facility 12 months ago. The company is offering a complete private and business air transport solution – embracing aircraft sales, aircraft management, aircraft charter, aviation services and aircraft maintenance.

ExecuJet's suite of aviation services will be enhanced by the official opening in February of its brand new FBO facility located at Dubai International Airport. ExecuJet will be promoting the impressive facility this week during the Middle East Business Aviation (MEBA) Conference & Exhibition. Do visit ExecuJet Middle East at Stand No C211.

ExecuJet Middle East currently manages the largest private fleet of aircraft in the region, and expects this to continue to grow. With its charter activity, ExecuJet is seeing strong demand in the region. The company's charter fleet includes Bombardier Learjet 60, Challenger 604 and the Global Express business jets all based in Dubai. A Cessna Citation III will be added within the next two months.

On the maintenance front, the ExecuJet Middle East Bombardier Approved Service Facility (ASF) has expanded its Aircraft Maintenance Organisation (AMO) approvals and is now capable of providing support for the full range of Bombardier business jet products under GCAA and other foreign regulatory authorities. The Bombardier managed parts depot has grown to house in excess of over 800 product lines.

"The Middle East and Dubai especially is becoming a very important hub for business aviation.  The demand we have experienced has really been incredible in our first year and the investment in new facilities and an expanded charter fleet will serve us well into the future," commented Mike Berry, Managing Director, ExecuJet Middle East.