MARQUIS JET PARTNERS LAUNCHES THE FIRST PREMIUM PRIVATE JET CARD PROGRAM

New York
October 3, 2001

NetJets, the Pioneer and Worldwide Leader in Fractional Aircraft Ownership, to Provide Aircraft Management and Operations Support for the Program

Marquis Jet Partners, Inc. has created a new category in the private aviation marketplace and a new way for many individuals and companies to acquire aircraft to meet their transportation requirements, according to Bill Allard, CEO of Marquis Jet Partners, Inc.

Marquis Private Jet Card ^TM entitles owners to a minimum of 25 hours of"occupied"flight time annually. Marquis Private Jet Card owners have access to NetJetsaircraft. NetJets, the fractional aircraft ownership program of Executive Jet, Inc., is the pioneer and worldwide leader in fractional aircraft ownership. The Private Jet Card delivers the safety and service of fractional aircraft ownership with only a short-term commitment, thereby providing a quality alternative to the aging fleets, and service and security compromises of charter and block charter card schemes.

Marquis Private Jet Card owners are guaranteed on-call availability of their aircraft 365 days a year at over 5,000 North American and European airports. The Marquis Private Jet Card program offers short-term pre-paid leases in 25-hour increments of"occupied hourly"time, ranging from $109,000 to $255,000 depending on the aircraft selected. Aircrafts available in the program include the Citation V Ultra, Citation Excel, Hawker 800XP, Citation X, and Falcon 2000. Owners can also interchange to a larger or smaller aircraft, as available, from the fleet according to their travel needs.

Marquis Jet Partners, Inc., through its 24-hour concierge service, handles all owner requests from ground transportation and hotel reservations to theater or sporting event tickets. NetJets provides its fleet, flight operations and aircraft management, including aircraft scheduling, maintenance and pilots. NetJets focus on safety is unsurpassed in the aviation industry. NetJets pilots train 23 days annually; typically twice the time most aviation company pilots spend training each year.

“Trends in private jet travel point to a demand for a program that targets an increasingly younger client, who may not be ready for full fractional aircraft ownership but demands access to the best in aircraft safety, security and quality,”said Allard.“Beyond the obvious convenience factor of the Marquis Jet program, by having our program operated by NetJets, we can ensure our members have an unparalleled level of expertise, safety, security and service whenever they travel.”

“We’ve solved a problem for many individuals for whom time is their most valuable commodity,”Allard added.“Marquis Private Jet Card owners can create a better balance between business and personal commitments. Owners can easily conduct business in two, three, even four different cities in one day and still be home in time to have dinner. They can also spontaneously take family and friends away on a weekend trip.”

Kevin Russell, Senior Vice President for Executive Jet, said,“The Marquis concept broadens the market for premium private jet travel. We are delighted to provide our fleet, flight operations and aircraft management support for Marquis Private Jet Card owners.”

Marquis Private Jet Card owners include professional golfer Jim Furyk.“The Marquis Jet program means a guaranteed win for me on Sunday nights after a tournament,”he said.“When you’re on tour, time spent at home is scarce. Having my jet on call means extra time spent with my wife and friends in Florida. The program has changed my life, taking away the pressure of crowded airports and flight delays. It has given me extra days in the year to recharge. When it’s time to get back on the links, I arrive in a better state of mind. My Marquis Private Jet Card has put my time back in my hands.”