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European Very Light Jet Conference Highlights Strong Air Taxi Growth Ahead
Communiqué publié le 28/06/2007 à 13h05

The Very Light Jet-Europe conference opened in Vienna with over 20 industry expert speakers in a two-day event, highlighting one of the most important next-generation aviation conferences in Europe. The keynote address was presented by Air Taxi Association President Joe Leader with his session entitled "Air Taxi and Very Light Jet Takeoff Velocity: Uniting the Industry, Changing the World, and Driving Aviation Profitability."

"With a deep focus on very light jets and air taxis, this event has created tremendous interest across Europe and beyond," said Dr. Panagiotis Panagopoulos, Managing Director of MIU Events. "Having Joe Leader provide the keynote address on behalf of the next generation air taxi industry provided insights to the rapid growth ahead. With the level of enthusiasm from the audience to his professional and academic insights, we look forward to future events that bring more and more people to the incredible opportunities ahead of us all."

The conference was co-chaired by two industry leaders, Chairman of Interflight Consulting, Oscar S. Garcia, and Commercial Director of PMI Media, Rainer Vogel. Topics ranged from the operating cost advantages of very light jets to venture capital forums, while several European air taxi companies and aircraft manufacturers gave lectures. Leader also announced that the search for the European Managing Director of the Air Taxi Association is scheduled to formally launch next quarter.

"JetBird applauds the Air Taxi Association for underlining its European focus in its worldwide efforts," JetBird CEO Stefan Vilner stated. "We look forward to using our market leadership position with the ATXA to emphasize the importance of private air taxi travel with the operational efficiencies of low cost carriers."

At the event, Leader made several key announcements on behalf of and predictions for the next-generation air taxi market:

-- JetBird: JetBird will launch the first Embraer Phenom 100 service in Europe, combining first-class service and low-cost carrier efficiencies. Stefan Vilner, JetBird's CEO, has not only led one of Europe's largest low-cost carriers, but also heads ELFAA, the low-cost carrier association in Europe (www.flyjetbird.com).

-- DayJet: DayJet is poised to set the bar as the first Eclipse 500 operator in Europe. They are in strategic investment and partnering discussions with individuals and companies in the European Union, Middle East, and Africa. In affirming this, Leader pointed to DayJet's strong VLJ order position, first-to-market operational experience, and dynamic ASTRO software that could serve as the backbone of operations far beyond the United States (www.dayjet.com).

-- EarthJet: Illustrating a US model designed to be implemented and franchised worldwide, EarthJet's technology is enabling next week's launch of "BusinessJetSEATS." The service will provide US charter flights on light jets at 50% of the traditional rate charter rate, making it the least expensive charter-by-the-seat model launched to date in the emerging next-generation air taxi industry. (www.earthjet.com).

-- Other Leading Air Taxi Companies: Leader also made strong positive mention of other air taxi companies in the US and Europe that will be receiving their next aircraft soon. Included in the announcements is Linear Air's expansion of its charter operations. They will launch their first Eclipse 500 aircraft this summer and intend to rapidly launch their fleet of 30 Eclipse 500's very light jets in the Northeast United States. The rapid growth of SATSair and Linear Air is a sign of the incredible success ahead for next generation air taxi companies. In forward-looking statements, Leader stated that Pogo may have one of the strongest branded charter models in the United States as it is launching next year under the leadership of former American Airlines CEO Bob Crandall - and is, in effect, a very light jet version of the newly created Virgin Charter. In Europe, Taxijet Spain is in line to become one of the leading Eclipse 500 providers for Southern Europe.

-- Environmental Considerations: In underlining an environmentally-conscious tone that the emerging industry is taking, Leader stated that the Air Taxi Association is working with its members to develop policies that support environmental responsibility for the next-generation industry. He highlighted the incredible efficiency of next-generation engines for the air taxi aircraft utilized by its member organizations. The fuel efficiency is topped by the fact that the aircraft are the quietest jets in the world. In addition, Leader pointed out that the same VLJ aircraft offers better fuel efficiency with three passengers on board than the typical American automobile with one passenger. Finally, next-generation navigation technology could utilize 20% less fuel than today.

While the European Air Taxi market is estimated to be worth 1 Billion Euros annually, the air taxi does not replace the need for commercial airline travel. Instead, it dramatically expands the total available air-travel market and relieves strain on the limited transport infrastructure. Next-generation technology places people safely into our skies using underutilized secondary airports.

The Air Taxi Association (ATXA) is leading the revolution in personal air travel at business airline prices. Backed by leading air taxi companies, the Air Taxi Association's mission is to speed the adoption of the air taxi model so that more businesses, individuals, and communities of all sizes can enjoy the benefits of direct, on-demand flights.

Additional information about the Very Light Jets - Europe event is available at http://www.miuevents.com/. More information about the industry-unifying Air Taxi Association may be found at www.atxa.com.

Business Wire

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