Press Release

Issued by Titan Aviation.

August 9, 2010

Titan Aviation recently launched a new branch in India to meet the needs of the growing Indian market. Since its inception, Titan Aviation with its head quarters in Dubai has always been actively present in the Indian market due to the close proximity and trading ties between India and Middle East. Inauguration of 'Titan Aviation India' is in line with the vision of Titan Aviation to play an active role in supporting the Indian aviation industry.

"In a short span of time Titan Aviation has successfully established itself as one of the leading aviation companies of the region. Titan Aviation has so far successfully completed over 25 aircraft sales transactions globally and has assisted many valuable clients in India and Middle East in purchasing best in class business jets ranging from Phenom 100 Light Jet to Learjet 60XR Midsize Business Jet and Few Super Midsize Private Jets such as Legacy 600 and Challenger 300 along with few Helicopters transactions as well. Apart from these there are many other projects in the pipeline like Phenom 300, Avanti II, King Air B200 and Augusta A109 Helicopter which are in various stages of completion. This entire buzz proves that India in specific and Asia in general is the future of Aviation Industry" says Henri Lauras, President of Aircraft Sales & Acquisition, Titan Aviation.

"To support the clients in India and provide dedicated services we have launched Titan Aviation India with offices in Chennai and Bangalore and have appointed Mr. Imran Ahmed as Business Development Manager for Titan Aviation India who has hands on experience in Business Aviation having spent 3 years in Middle East Aviation Industry" adds Henri.

"A report says that over 65% of fortune 500 companies use Business Aircraft for their travel requirements and Indian corporate companies have started to realize that Business Aircraft is no more a symbol of Luxury but they are necessary business tools which support them in running their day today affairs in a smooth and efficient manner. As Indian economy is growing at the rate of 8% per annum and is expected to record double digit figures in the near future, there is a huge potential in India and it is very exciting to be a part of the very promising Indian market, representing a dynamic organization" comments Mr. Imran Ahmed, Business Development Manager for Titan Aviation India.