AirSprint Orders 23 Aircraft for Fractional Fleet

    TORONTO, March 11 /CNW/ - Judson Macor, Chairman and CEO of AirSprint
Inc., Canada's coast-to-coast leader in the field of fractional aircraft
ownership, announced today that the company has placed an order for
23 aircraft with an aggregate retail value of US$116 million. AirSprint will
take delivery of three Citation XLS/XLS+ jets and three Pilatus PC-12/47E
"Next Generation Pilatus" over the course of the next 24 months, bringing the
total number of aircraft under the company's management to 27 (including
10 Citation XL/XLS/XLS+ aircraft). The balance of the aircraft deliveries are
earmarked for future growth and fleet rejuvenation.
    Ray Kuliavas, Vice President of Sales for Execaire Inc., Cessna's
exclusive Authorized Sales Representative in Canada stated that "AirSprint has
established itself as Canada's largest corporate operator of Cessna Citation
products and is an expert in the operation of Citation XL/XLS aircraft."
    Robert Arnone, President and CEO of V. Kelner Pilatus Centre, Canada's
exclusive distributor of Pilatus aircraft remarked, "AirSprint is the largest
commercial operator of Pilatus aircraft in Canada and this order establishes
its long-term commitment to providing an exceptional service with an
exceptional aircraft."
    "The demand for our services has steadily increased since our
introduction of Fractional Ownership in Canada back in 2000," Mr. Macor said.
"Our continued growth is a testament to a dedicated staff of service-oriented
professionals." he added.
    Mr. Macor was the winner of the prestigious Ernst and Young Entrepreneur
of the Year(R) in the Business Products and Services category in 2006. With
revenues that have soared more than 600% during the last five years, the
company was named to Profit Magazine's list of Fastest Growing Canadian
Companies in 2007.

    AirSprint operates from bases in Toronto, Ottawa, Montreal,
Kitchener/Waterloo, Edmonton and Calgary. The company also provides aircraft
management services, including turnkey flight operations, flight co-ordination
and in-house maintenance for private aircraft owners, employing 120 aviation
professionals and service people to meet the travel needs of the business
people, entrepreneurs and high-net worth individuals who make up its rapidly
expanding client base.

For further information:

For further information: Ray Mason, Director, Communications and Public

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