CHICAGO, July 27, 2009 – Executive AirShare, a leading fractional aircraft ownership company, announced that it has deepened its relationship with JSSI, the world’s largest, independent provider of hourly cost maintenance programs for the business aviation industry, by selecting the company to provide engine maintenance program coverage to ten of its new aircraft.
Understanding the importance of properly securing their nearly $100 million investment and increasing the residual value of their aircraft, the company has signed contracts for ten aircraft to enroll in the JSSI Premium engine program, with the potential to add more as they are delivered. As of July 13, 2009, Executive AirShare has a firm order for 44 Phenom 100 and 6 Phenom 300 aircraft. They have taken delivery of two of these aircraft and expect to take delivery of seven more Phenom 100 aircraft in the balance of 2009.
Executive AirShare offers comprehensive care to their fractional ownership clients, adhering to only the highest standards of maintenance. By enrolling in JSSI’s Premium program, clients are protected for scheduled and unscheduled events, life limited components, rental engines, future mandatory and recommended Service Bulletins and future Airworthiness Directives. Also included in the plan is 24/7 maintenance support with a JSSI technical representative on-site during engine shop visits to ensure that all events are handled efficiently and effectively.
“Executive AirShare purchases only the highest-quality aircraft to offer our owners the best flying experience possible. Ensuring that our aircraft are ready to fly whenever our owners need them is central to our overall success,” said Robert D. Taylor, Chairman and CEO of Executive AirShare. “We have been working with JSSI to ensure that the dispatch reliability of our fleet of aircraft remains at the highest levels possible and we can accurately budget our engine maintenance costs. We believe there is no better investment to protect our aircraft than a JSSI maintenance contract.”
A client of JSSI since 1999, Executive AirShare presently has seven active contracts for four King Airs and three Beechjets also enrolled in the JSSI Premium engine program. “JSSI has been working with Executive AirShare for ten years providing the type of high quality service that the private aviation industry requires to maintain their aircraft and protect their investments,” said Kelly Simmons, chief executive officer of JSSI. “We are pleased that Executive AirShare has extended our relationship, and we look forward to protecting these new aircraft over the life of this relationship.”
About Jet Support Services, Inc.
Founded in 1989, JSSI is the only independent provider of hourly cost maintenance programs for aircraft engines and airframes. JSSI provides its customers with comprehensive, flexible and affordable financial tools for managing the often unpredictable costs of operating and maintaining nearly all types of turbine-powered aircraft, including jets, turbo-props and turbine powered helicopters. JSSI serves customers globally and manages maintenance services through its worldwide infrastructure of FAA Certified technical service representatives. For more information please visit www.jetsupport.com.
About Executive AirShare
Founded in 2001, Executive AirShare operates a fleet of late-model jet and turboprop aircraft serving owners throughout the Central United States. As one of the nation’s largest regional fractional aircraft ownership companies, Executive AirShare offers businesses and individuals the benefits of corporate aircraft without the expense and hassle of managing their own flight operations. Executive AirShare is based in Kansas City, Mo., and also operates out of Wichita, Kan., Tulsa and Oklahoma City, Okla., Dallas and Fort Worth, Texas.
The company currently operates a fleet of 17 aircraft—two Embraer Phenom 100s, five Beechjet 400As, five King Air 350s and five King Air C90Bs. Executive AirShare holds orders for an additional 42 Embraer Phenom 100 aircraft and six orders for Phenom 300 light jet aircraft, making Executive AirShare the only established fractional aircraft ownership company to offer Phenom 100 and Phenom 300 aircraft. Executive AirShare also offers aircraft management and charter services through its subsidiary, Executive Flight Services. For more information about Executive AirShare and its services, please visit: www.execairshare.com. For more information about Executive Flight Services, please visit: www.execflightservices.net.