Project Phoenix Signs Preferred Agreement with eJet Services Ltd.

DUBAI, U.A.E. -- Project Phoenix, a CRJ conversion specialist, has signed a preferred supplier and partnership agreement with eJet Services Ltd. ahead of the first customer deliveries of the Phoenix CRJ conversions. eJet will offer Phoenix operators a comprehensive package of maintenance and operations support on a worldwide basis.

The Dubai-based Project Phoenix selected eJet to offer nose-to-tail maintenance support to its customers. Drawing on eJet's existing infrastructure focused on a global airline fleet this will enable Project Phoenix to offer competitive fleet-pricing to individual CRJ owners. The first Phoenix CRJ conversion is scheduled for delivery to Jet Asia in Macau next month.

eJet's program is tailored to the requirements of VIP owner/operators of converted CRJs. It provides owners with access to CRJ maintenance specialists and efficiencies of scale. eJet's offering is a joint product with Lufthansa Technik, a provider of maintenance and repair of commercial aircraft, engines, and components, and a preferred Bombardier supplier. The eJet program is both Jar Ops and FAA part 21 compliant.

US-headquartered eJet was established in anticipation of the heightened demand for the Bombardier CRJ family in a VIP, business aircraft role. Together, eJet Services and Lufthansa Technik provide owners with lower, more predictable costs and 24/7 support through eJet's maintenance and engineering support center. The program supports both the CRJ and the Challenger 850, offering a unique power-by-the-hour structure covering engines, avionics, rotables, landing gear, auxiliary power units, wheels, and brakes. All key aircraft systems are covered, including electrical, hydraulic, pneumatic, and environmental components. eJet also provides maintenance tracking and planning tools with a customized maintenance program, designed to reduce inspection and heavy maintenance cost by up to 20 percent.

"Operating state of the art CRJ airliners as VIP jets, Project Phoenix owners enjoy a spacious cabin, outstanding operating economics and the latest in amenities, all for the purchase and operating cost of a much smaller business jet," says Andrew Johnston, Project Phoenix VP-Commercial. "With eJet, owners gain confidence through compelling maintenance costs, nose-to-tail worldwide coverage, and the VIP support they demand and further the value equation of the Phoenix CRJ conversion."

"eJet delivers Phoenix owners with competitive fleet-based pricing, plus unlimited access to 24/7 technical, engineering, and maintenance support worldwide," says Steven Markhoff, eJet's Founder, President and CEO. "We are delighted to partner with the Project Phoenix team. Phoenix offers owners an outstanding conversion with compelling economics."

"We are very excited to offer this joint product with eJet to provide owners of luxury VIP converted CRJ aircraft our extensive maintenance and engineering capabilities and expertise," says Stefan Schmuck, Lufthansa Technik Director of Sales. "Lufthansa Technik currently supports and maintains over 150 CRJ aircraft for airlines worldwide."