To Be Used In Charter And Managed Fleets

Chartright Air Group and Diamond Aircraft announced a major order Wednesday for the Diamond D-Jet personal jet to complement Chartright's existing fleet of large business jets. Chartright has ordered 10 D-Jet aircraft with its first delivery to begin in the third quarter of 2010. These aircraft will be available for Chartright's charter and managed aircraft customers.

"The D-Jet is intended to provide the most desirable and attainable jet to a broad range of pilot and non-pilot air travelers, combining the executive cabin class seating comfort of much more expensive business jets with the lowest possible acquisition and operating cost," said Peter Maurer, President of Diamond Aircraft. "We are excited that a company with Chartright's experience and capability has selected the D-Jet for its growing fleet, as this will enable more people to experience the time-savings and other benefits of personal jet travel."

"For the past 20 years, Chartright has provided exclusive private jet travel to a discriminating clientele," said Adam Keller, President of Chartright Air Group. "The D-Jet will allow Chartright to expand this service offering to market segments that have not previously experienced the time and security benefits of this method of flying."

Operated from Toronto, Ontario, Chartright forecasts the D-Jet will serve destinations such as New York, Montreal or Philadelphia, in less than two hours -- an elapsed time that includes check-in, security and customs.

A typical private jet charter to one of these destinations would cost between $10,000 and $15,000 round trip. The D-Jet will accomplish the same mission for less than $4,000, Chartright expects.

Chartright has begun offering its fleet of D-Jet aircraft to businesses and individuals interested in charter and managed aircraft with its announcement and presence at the Canadian Business Aviation Association Convention and Trade Show this week in Toronto. Chartright also has featured the D-Jet in its 2008 Chartright Aircraft Guide, published earlier in 2008.

FMI: www.diamondaircraft.com, www.chartright.com