Press Release

Issued by MAE Aircraft Management.

July 20, 2010

MENA Aerospace Enterprises WLL announced today that its subsidiary, MAE Aircraft Management WLL will start operation of a VIP configured MD83 airliner. The aircraft is being leased from Blue Line, a leading European VIP charter provider. The aircraft is configured with either sixty Business First seats or fifty-four Business First seats in a two cabin configuration with club seating in the forward cabin, and Business First class through the rest of the aircraft. The aircraft will be based at Bahrain International Airport in order to serve the region from a central location. MAE Aircraft Management WLL is a member of the MENA Aerospace group of companies. The company is based at Bahrain International Airport.

Ralph Eisenschmid, MENA Aerospace Enterprises group Chief Operating Officer said: "This aircraft represents a unique product offering for the region, and we are pleased to be working with Blue Line. Based on preliminary indications received so far, there is a lot of serious interest in this aircraft. We expect very strong charter activity and we look forward to working with Blue Line towards adding more similar aircraft over time."

Gareth Evans, Blue Line Group Business Development Director said: "We are delighted to be able to offer our product from a base in the Middle East. We have a great deal of experience in operating flights in the region but this partnership with MENA Aerospace will enable us to provide greater support and flexibility to our clients old and new"

The aircraft will be centrally based at the Bahrain International Airport. Bookings can be made through MAE Jet Charters WLL, MENA Aerospace's dedicated charter sales division.