Press Release

Issued by Elit'Avia International.

December 7, 2014

Elit'Avia today announced further growth to its operations with the addition of seven new aircraft to its fleet, offering customers an increased choice of aircraft and even greater availability, alongside an innovative new Elit'Avia Travel Services Program offering available to all corporate travellers. This expansion follows the opening of Elit'Avia's new offices in Malta in September to join the Maltese AOC awarded in May 2014.

The new aircraft added to Elit'Avia's fleet are comprised of a Bombardier Challenger 604, a Bombardier Challenger 300, a Ghana-based Hawker 800XP, a 2014 Gulfstream 450 aircraft, a Gulfstream 550 aircraft and two Gulfstream 650 aircraft which will serve Elit'Avia's principal customer segment in the Middle East, Africa, Russia and Europe.

Elit'Avia's rapid expansion over the past eight years has seen the Malta and Slovenia based aircraft charter, management and travel services company build a fleet of over 20 charter and managed aircraft to serve its principal regions as well as North America under the company's Maltese AOC.

Michel Coulomb, ceo of Elit'Avia commented, “We are delighted to be here in Dubai to announce this expansion of our fleet and to our services here, which will help us meet strong, growing demand, especially in the Middle East and Africa. Our activity in this region alone increased four fold between 2011 and 2013 and is on track to grow further this year. With the addition of the new Gulfstream 650 aircraft to our charter fleet, Elit'Avia is well positioned to meet the demand for super long range activity in this region.“

“2014 has seen Elit'Avia make further strides towards our vision to be the complete business aviation services company while continually exceeding our customers' expectations: we have added aircraft and an AOC and offices in Malta, are introducing our new Elit'Avia Travel Services program – which is available to all - and have exciting plans to add further standalone services in 2015 to meet the wide range of needs of business aviation clients.”