Company Now Operates Three of its 15 Aircraft from Riverside Airport

TULSA, Okla., January 21, 2008 --- Executive AirShare today announced that the Kansas City, Mo.-based fractional aircraft ownership company has expanded its presence at Richard L. Jones, Jr. (Riverside) Airport in Tulsa, Okla. (RVS), by adding a third aircraft-a Beechjet 400A-to serve the growing number of Tulsa-area businesses seeking the advantages of business aircraft

The Beechjet 400A is capable of flying nonstop from Tulsa to either coast at a cruising speed of 515 mph (448 kts).  The company also operates a Beechcraft Super King Air 350 and King Air C90B from Riverside Airport.

Executive AirShare launched its fractional service in Tulsa in February 2006 with a Super King Air 350 and added a King Air C90B in October 2006.Executive AirShare is the seventh-largest fractional aircraft company in the United States, with a fleet of 15 aircraft including four Beechjet 400As, five Super King Air 350s, five King Air C90Bs and a Beechcraft Baron.  Additionally, the company holds firm orders for ten Embraer Phenom 100 and two Phenom 300 aircraft for deliveries beginning in 2010.

            By allowing companies and individuals to purchase partial ownership in an airplane, Executive AirShare offers the benefits of aircraft ownership at a fraction of the cost.  Each participant pays for an initial share in the aircraft, monthly fixed costs, and low-cost hourly operating rates. In return, owners are given a set number of days and flight hours in which they may use the aircraft annually, and Executive AirShare takes care of all the details including hangar rental, insurance, pilots' salaries and training, fuel, engine and airframe maintenance, and cleaning and stocking of the plane.

            Executive AirShare's fractional ownership plan is unique in that its owners are provided with use of the aircraft for an entire day, unlike national ownership plans that fly multiple clients to different locations on the same day on the same aircraft.  By assigning an aircraft to only one owner per day, Executive AirShare is able to adapt to changes in owners' schedules, offering complete flexibility and convenience.

            "We don't want our owners to feel like they are part of an air taxi service," said Robert D. Taylor, chairman and chief executive officer, Executive AirShare.  "Our aircraft are based in the same cities as our owners and owners have access to their aircraft on a per-day basis, creating an experience that most closely replicates full ownership."

"The major advantage of our regional fractional ownership concept are that owners fly in their aircraft the majority of the time and they know the pilots that fly their airplane," said Keith D. Plumb, president and chief operating officer, Executive AirShare.  "We have become the flight department for each of our clients, and offer service and safety standards that are comparable to those of any Fortune 500 company."

Richard L. Jones, Jr. Airport is a 700-acre facility located in the southern Tulsa metropolitan area that serves as the "reliever" airport for Tulsa International, and supports general aviation including single engine aircraft, turboprops, and business jets.

            Executive AirShare is based at the Christiansen Jet Center at Riverside Airport, which now offers a total of 76,000 square-feet of hangar space and 16,000 square-feet of office space.  Christiansen Jet Center is the premiere FBO of Tulsa.

            Founded in 2001, Executive AirShare operates a fleet of jet, turboprop and twin-piston aircraft serving owners throughout the Midwest.  The company is based at Charles B. Wheeler Downtown Airport in Kansas City, Mo., and also operates out of Wichita, Kan., Tulsa, Okla., Fort Worth and Dallas, Texas.  For more information about the company and its services, contact Keith Plumb at (816) 221-7200 or log onto the company's web site at www.execairshare.com.