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International Air Charter Makes Farnborough Debut

International Air Charter plc is participating at Farnborough Air Show 2004
next month, taking exhibition space in the new Middle East Pavilion, Hall 3,
Stand A6.  The UK-based company, one of Europe?s largest air charter
brokers, comes to Farnborough to promote its expanding activity in the
region.  It recently opened an office in Dubai and is working with several
Middle East executive jet operators including Dubai-based Execujet and
Bahrain-based Bexair.?The Middle East Pavilion, hosted by Fairs and Exhibitions (F&E) is a first
for Farnborough and it is an ideal location for us,? commented International
Air Charter Chief Executive Hugh Courtenay.

“Attending this event is part of our campaign to drive visibility for the ME
region among international audiences.  The region is enjoying a boom with
new airlines being created and lucrative market audiences.  We are keen to
see more executive jet aircraft based in the region as we are seeing a lot
of demand especially in the oil industry and construction sectors, as well
as increasing demand for the use of executive jets for sporting events, such
as Dubai?s world renowned horse-racing.”

Smaller executive jets such as the LearJet series and Cessna Citation are
very cost effective for such travel arrangements and International Air
Charter representatives from the UK and the Middle East will be eager to
talk with operators about looking to base aircraft in the region to realise
some of this demand.  “If we could persuade more operators to base this type
of aircraft in Dubai, we could guarantee to keep them flying.  Presently, we
are having a hard time sourcing aircraft to meet demand,” Courtenay noted.

IAC, which also attended the Arabian Travel Market and most recently the
EBACE Show in Geneva, is renowned for its competitive rates in the industry
and its personal approach, working closely with the client and operator.
IAC sources aircraft at short notice from a wide number of operators and
offers cost-effective solutions by sourcing aircraft closest to the location
of the client.  The company handles a range of charter requests ? from
corporate, sporting, celebrity and private individuals, working with
commercial and charter airlines and executive jet operators around the
world.

Some 80% of its business is in the brokering executive jets and its
portfolio of aircraft includes Boeing Business Jets, Global Expresses;
Falcons; Gulfstreams; Challengers; Cessna Citations and LearJets.

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“With attendance by the major global players in the aerospace industry, we
are certain that Farnborough will afford us ample opportunity to showcase
the Middle East’s capabilities to international audiences.  Our recent
attendance at the Arabian Travel Market and EBACE generated considerable
enquiries concerning air charter,” Courtenay concluded.
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