AXON Aviation Group Sees Aircraft Leasing as an Increasingly Attractive Solution for International Business Jet Buyers

London-based Private jet Lease Specialist Serving Growing Demand for Leasing Services

LONDON, May 13, 2011 - AXON Aviation Group, the London-based private jet lease specialist, today
commented on the increasing demand for aircraft leasing as a solution for
international business jet buyers.

With specific expertise in leases, financing, valuations, aviation
contracts and aircraft management, AXON works for existing aircraft owners
and prospective buyers on an exclusively mandated basis to develop tailored
leasing solutions.

"As the global business aviation sector continues to recover from the
economic slowdown of 2008, we see leasing emerge as an attractive and
compelling financial strategy for business jet buyers," says Niki Rokni,
Partner, AXON Aviation Group. "The fundamental reasons are quite simple. For
buyers, leasing reduces pricing risk and avoids large capital outlays. For
aircraft owners, leasing delivers a steady revenue stream, irrespective of
other market forces."

In addition, with aircraft financing still difficult to obtain for many
prospective buyers, leasing offers an alternative solution. Furthermore, it
is becoming increasingly prevalent among experienced aircraft owners who wish
to avoid risk, while maintaining the consistency of service associated with
ownership. Leasing is also a compelling option for purchasers forced to wait
several years before delivery of a new aircraft. In the interim, such
purchasers may avoid charter and enjoy the full convenience of their own
dedicated aircraft.

"We are seeing rapid growth in demand for our services. So far this
calendar year, AXON has closed four major transactions for customers, and we
have been mandated to place an additional six aircraft on lease by the end of
the second quarter. Typically, our clients are large jet operators from
Western Europe, the Middle East and Russia," adds Guy Burden, Partner, AXON
Aviation Group.

About AXON Aviation Group

AXON Aviation Group is a London-based private jet lease and sales
specialist to the business aviation market worldwide offering solutions in
aircraft leasing, acquisition, charter and strategic projects. AXON
facilitates access to business aircraft by creating new revenue streams for
owners and compelling leasing opportunities for prospective buyers. Founded
in 2010, AXON uniquely possesses more than 40 years of collective experience
gained from success in business aircraft sales and commercial aircraft
leasing.

    Media Contact:

    Guy Burden
    Partner
    AXON Aviation Group
    Telephone: +44(0)20-7887-6486
    E-mail: guy@axonaviation.com

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