FIRM $650 MILLION ORDER PLACED AT PARIS AIRSHOW FOR 10 BOMBARDIER GLOBAL 8000 AIRCRAFT

FIRM $650 MILLION ORDER PLACED AT PARIS AIRSHOW FOR 10 BOMBARDIER GLOBAL 8000 AIRCRAFT

FIRM ORDER BACKLOG NOW IN EXCESS OF $2.0 BILLION

NEW AIRCRAFT ORDERS SET TO TAKE TOTAL FLEET SIZE TO IN EXCESS OF 60 AIRCRAFT

ORDER FOLLOWS RECENT STRATEGIC DECISION TO EXPEDITE EXPANSION IN RESPONSE TO RAPID MARKET GROWTH ACROSS BRINC* COUNTRIES AND OTHER FAST-GROWTH DEVELOPING MARKETS

Paris: June 21 2011

VistaJet, the world’s premier luxury aviation company with the largest wholly-owned commercial fleet outside the Americas, has today placed a firm order for 10 Global** 8000** aircraft. The total value of the order is approximately $650 million US, based on the 2011 list price for typically equipped aircraft.

The firm order, which comes just a month after an order for six Global 6000** and two Challenger 605** aircraft was announced at EBACE in Geneva, will expedite VistaJet’s expansion in response to rapid market growth across BRINC* countries and fast-growth developing markets, such as Asia, Middle East, West Africa and Russia / CIS where large, longer-range aircraft have enabled VistaJet to build leading market positions.

Thomas Flohr, founder and chairman of VistaJet, said:

“We are seeing unprecedented demand in the BRINC countries and other fast-growth developing markets in which we operate. These markets currently account for over 75% of all our flights. At the same time, the geographic reach of our corporate customers places demanding requirements on our fleet with sectors typically of between five to ten hours duration.

“To service this rapidly growing demand, from some of the world’s leading business and corporate players, we are expediting the development of what is already one of the world’s largest fleets of state-of-the-art long-range aircraft.

“This latest order confirms VistaJet’s established reputation and leading positions in its markets where it justifiably claim to be the preferred ‘carrier of choice’. This in no small part is because we have in our Bombardier fleet what is widely recognized as the ‘aircraft of choice’, allowing our passengers to fly medium or long haul routes in a level of comfort that they demand.”

Steve Ridolfi, President of Bombardier Business Aircraft, said:

“It was eight years ago, also at the Paris air show that our two companies began this journey, and only six years ago at Paris that VistaJet placed its first Global aircraft order.

“It’s a true testament to our products and people that VistaJet, an industry leader in charter and luxury aviation continue their global expansion with an all Bombardier fleet. Like Bombardier, VistaJet are leaders in developing new markets, where our aircraft are ideally suited to meet the demanding needs of our customers. There is an increasingly strong demand for large cabin business jets that can connect virtually any city pair worldwide non-stop – the Global 8000 jet is the only contender to meet this requirement.”

Mavs borrow Suns' plane for NBA Finals

Hail storms in Texas have damaged two charter jets owned by Dallas Mavericks owner Mark Cuban usually used to transport the team. So, the Mavericks are borrowing a charter jet usually used by the Phoenix Suns for the National Basketball Association Finals starting this week, according to the Dallas Morning News. The Mavericks are taking on the Miami Heat in the NBA Finals.

There are also some Arizona ties to the Finals. Heat guard Mike Bibby and Mavericks shooter Jason Terry are both University of Arizona Wildcats alumni. Mavs forward Shawn Marion and Jason Kidd are former Suns. Heat reserve guard Eddie House is an Arizona State University Sun Devil alum and played for the Suns.

Suns point guard Steve Nash is a former Maverick.

Read more: Mavs borrow Suns' plane for NBA Finals | Phoenix Business Journal

Royal Jet sees growth of medical evacuation business in Saudi Arabia

Rise in demand for private jet charter expected to continue across the region

Following 2010's solid performance of Royal Jet's business in the Kingdom of Saudi Arabia, the international flight services company is expecting another good year of growth due to a steady increase in the demand for private jet charter and medical evacuation flights.

Royal Jet is the very first company in the Middle East to have been granted a commercial licence to provide medical evacuation services or Medevac in 2006. And to date, as the region's most successful Medevac operator, it has performed over 1,250 missions with the largest number of patient transfers and strong year-on-year growth.

"Last year, we saw a significant increase in the number of private clients utilizing our medical evacuation services from across the GCC countries," said Shane O'Hare, President & CEO, "As the level of service, dedication and professionalism that clients receive continue to be the key reasons why Royal Jet is the preferred service provider of choice for aero medical needs, we are optimistic that such increase in demand would also be seen across the Saudi market.

"The expected demand for Medical Evacuation flights from within the Saudi market would surely serve to complement our core business offering of luxury private charter flights and translate to further overall business growth in the Kingdom," he added.

Through its strong partnership with Saudi-based Arabian Aircraft Services Company ARABASCO - the premiere Fixed Based Operations (FBO) and maintenance facility provider in the kingdom - Royal Jet operates at the company's key hubs in Jeddah and Riyadh.

Royal Jet's Medical Evacuation operations are managed by its Medical Director - Dr. Ibrahim Soto - who has a wealth of experience in medical evacuation, emergency medicine, orthopaedic surgery, trauma and critical care. In addition, Royal Jet also has a group of specialist doctors, paramedics and nurses available - all with Aeromedicine training. Aeromedicine, which is a specialty on its own, is absolutely necessary to be part of a Medevac mission.

"The increasing demand for medical evacuation flights within the Middle East and North Africa is reflective of the continuing developments in Health Care within the GCC," explained Dr. Ibrahim Soto, Royal Jet's Medical Director. "At the moment though, Europe remains as the main destination of our flights, along with a number of missions to the US."

All of Royal Jets aircraft used for medical evacuation purposes are equipped with comprehensive and state-of-the-art intensive care facilities including special equipments like ventilator, electrocardiogram and a neo-natal transport incubator.

Now in the second year of its highly successful commercial and operational alliance with Arabian Aircraft Services Company ARABASCO - the world's largest independent operator of Boeing Business Jets or BBJs - has stationed one of its luxurious BBJs in the Kingdom and has plans of adding more aircraft into the market this year.

Arabian Aircraft Services Company ARABASCO, which offers a variety of aircraft maintenance, management and ground handling services to private, VIP and business jets in Saudi Arabia, has been Royal Jet's perfect partner in the Kingdom. The alliance offers private jet charter and medical evacuation flights for domestic and international travel from Saudi Arabia to cities like London, Moscow, Bangkok, as well as other business, leisure and medical treatment hubs in the region.

VistaJet Sponsors Ground-breaking Artist in Prestigious New York Exhibition

London: 10 February 2011

VistaJet, the world’s premier provider of luxury private aviation services, is proud to announce its collaboration in the sponsorship of “The Hallelujah World Tour” - the first New York solo presentation of street artist RETNA.

The exhibition, which opens at 560 Washington Street, New York City on February 10, 2011, is being co-sponsored by VistaJet and Bombardier Business Aircraft and will be the first of three international exhibitions of RETNA’s work.

Yielding an unmistakable aesthetic that integrates appropriated contemporary photography, traditional painting and a unique glyphic style, RETNA has emerged as one of the most prolific graffiti artists in the contemporary art world. The Hallelujah World Tour will feature a selection of work using a diverse range of mediums, including painting, sculpture, and photography.

As part of VistaJet’s on-going collaboration with RETNA, the artist will also create a unique work on the tail of one of VistaJet’s Global Express XRS aircraft. This is due to be unveiled in April.

Thomas Flohr, chairman and founder of VistaJet, said: “Art is a huge personal passion for me as well as many of our clients. We are delighted to be supporting the ground-breaking work of this unique contemporary artist.”

The exhibition will run from Thursday, February 10, 2011 to Monday, February 21, 2011, with opening hours between 10 AM – 6 PM.