Wednesday, May 23 2007: Al Muharraq, Kingdom of Bahrain. BEXAIR confirmed today their order for two new Challengers 605 LX Executive Business Jets from manufacturers Bombardier. The value of these two aircraft is $55.0 Million. The first order is scheduled for delivery in July 2009 and the second order scheduled for October 2009.

BEXAIR currently owns and operates the biggest and a fastest growing fleet of (10) aircraft in the region, consisting of Challenger-604, Citation XLS and Legacy 600.      

Mr. Mansour I. Al-Tassan, BEXAIRs Chairman and CEO stated We have taken this step to respond to the growing customer demand and increase our market share in the region.

BEXAIR is the largest operator of Challenger - 604 and Citation XLS aircraft in the Middle East. Additionally, we have been awarded several contracts for aircraft management and operation in the region. Our company is offering a wide range of aviation services from the idea stage of buying a private jet to the completion, acceptance and delivery of a clients aircraft we offer total solutions when it comes to business aircraft ownership, financing and management.

-Ends-

For additional information please contact:
Marwan M. Al-Tassan                                   
BEXAIR Bahrain Executive Air Services Co.
Acting Vice President Corporate Affairs      
P.O. Box 50280
Muharraq,
Kingdom of Bahrain
Tel. +973 17 325 966,
Fax. +973 17 325 967
www.bexair.com

Press Release 2007