Jet Republic Partners with JSSI for tip-to-tail maintenance support | Press Release

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Press Release

Issued by Jet Support Services Inc. (JSSI).

May 12, 2009

Jet Republic Partners with JSSI for tip-to-tail maintenance support

Jet Support Services, Inc. ("JSSI") announced today that it will provide complete support for Jet Republic's entire fleet of 110 Lear 60 XR aircraft through JSSI's Tip-to-Tail hourly maintenance cost guarantee program.

JSSI is the world's largest, independent provider of hourly cost maintenance programs on private aircraft. The Tip-to-Tail airframe coverage covers virtually every part, component, assembly, and system on the airframe, including parts and labor for scheduled inspections and unscheduled failures and on-site technical assistance. Maintenance to Jet Republic's fleet of aircraft will include parts and labor for major scheduled maintenance on the engines, unscheduled failures, new recommended or mandatory service bulletins and airworthiness directives, rental engine cost and auxiliary power units (APU).

Jet Republic, a European-based private jet company that recently placed an order for 110 Lear 60 XRs, plans to service more than 1,000 airports across Europe.

"Working with JSSI means that we can completely focus on running our business, ensuring our aircraft and customers are receiving the safest and most secure aircraft available," said Luis Vianna, Chief Operating Officer of Jet Republic. "JSSI provides the best financial tools for private aircraft maintenance. Additionally, JSSI provides Jet Republic with budget stability and predictability which allows us to run our business professionally and accurately."

JSSI, headquartered in Chicago, IL currently maintains over 3,000 engines and 200 airframes worldwide. "We have extensive knowledge of Lear 60 XRs and Pratt & Whitney 305A engines, which makes us a great fit for Jet Republic's fleet," commented Kelly E. Simmons, Chief Executive Officer of JSSI. "Jet Republic is a cutting edge company and will benefit and profit through this agreement from the maintenance cost savings that the JSSI service will generate immediately, and will realize an increase in residual value of the aircraft at the time of re-sale."