NEWS

New Helicopter Division

PRESS RELEASE

Executive Air Taxi Corporation Announces Launch of New Helicopter Division

Company contracts with Trinity Health in Minot, North Dakota, to provide emergency medical helicopter service.

Bismarck, ND – November 4, 2008: Executive Air Taxi Corporation today announced the launch of a new helicopter division geared toward providing emergency medical service (EMS) response capability. The Company acquired a Bell 407 helicopter and has since retrofitted the chopper to meet the needs of an EMS flight team at its Bismarck, ND, completion center. Executive Air launched the program which operates as Trinity Hospital‟s Northstar CriticAir, a Minot based hospital.

The newest addition to the expanding Executive Air business model serves a wide range of communities throughout North Dakota allowing a rapid response to medical emergencies. Executive Air „s staff and management have a strong history and experience level with helicopter EMS operations allowing for the natural transition and growth opportunity. As part of the program launch, Executive Air employs a team of four full-time helicopter pilots to effectively manage the program which operates on a 24/7/365 basis.

Paul Vetter, the COO for Executive Air commented, "We are proud to have been chosen as the vendor for the Northstar CritciAir program. The vast expanse of rural North Dakota will be well served through the availability of this vital critical care service. The Bell 407 helicopter travels at approximately 150-mph and has undergone a complete retrofit to include the necessary life support equipment along with sophisticated avionics and communication devices. Executive Air‟s team of dedicated maintenance technicians, pilots and support staff have worked diligently and in conjunction with the FAA to deliver the aircraft that best meets the mission of Trinity Health. This also further demonstrates Executive Air‟s commitment to its customers, employees and surrounding communities through the creation of quality jobs and services."

"We are extremely pleased to be back into the helicopter business. We have a talented team with a vast amount of experience in the helicopter business who have been recognized on a national scale. We look forward to expanding the helicopter division to include not only EMS capabilities, but also offer the full range of helicopter services to include those currently in demand such as seismic operations, charter service, aerial spraying, etc., " noted Kelly Cermak, Executive Air's Chief Financial Officer.

Executive Air Taxi is a full-service, fixed base operator (FBO) located at the Bismarck, North Dakota Municipal Airport. Executive Air‟s services include aircraft charter, maintenance, interior completion, rental, and management, parts sales, flight instruction, airfreight, helicopter emergency response and fuel sales. Executive Air is a Bell Helicopter, Cessna, Cirrus and Beechcraft Authorized Service Center, the only facility in the Upper Midwest to carry all these designations.