JETSCAPE ANNOUNCES ACQUISITION OF NEW EMBRAER E190AR AIRCRAFT AND LEASE TO KENYA AIRWAYS

Fort Lauderdale, Florida, June 1, 2011 - Jetscape today announced the acquisition of a new Embraer E190-100IGW aircraft and delivery on lease to Kenya Airways, Nairobi, Kenya. This is the second new E190 leased by Jetscape to Kenya Airways. The first E190 was delivered December 2010.  Both aircraft have been leased for an eight-year term. Financing for both aircraft was provided by the Brazilian export credit bank, BNDES, under Jetscape's existing financing facility.  These E190's will join Kenya Airway's existing Embraer fleet of five E170 aircraft.  Previously, Jetscape has also placed two used E170 aircraft on four year leases to Kenya Airways on behalf of Finnair, Helsinki, Finland.

Click here for the full press release regarding this transaction.