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Monday, October 6, 2008

PlaneSmart! Expands Fractional Service Offering to Current Aircraft Owners!

DALLAS, Oct. 6 /PRNewswire/ -- PlaneSmart! Aviation announced today that it is offering its Professionally Managed Shared Ownership service to clients who already own qualifying airplanes. The Company recently accepted a brand new Eclipse 500 Light Jet as part of this expanded offering and is now selling shares to customers.

"The move is designed to improve PlaneSmart!'s ability to satisfy a diverse set of transportation needs," said Michael Brosler, President and CEO at PlaneSmart!. "It also increases the availability of aircraft to schedule for our growing base of customers." PlaneSmart!'s service comes complete with fleet access privileges to reduce the worry from owners that are accustomed to having a plane available when they want it. This popular feature, coupled with a "red carpet" approach to hassle-free ownership, has helped make PlaneSmart! a premiere fractional ownership company in the industry.

Placing your airplane in a fractional program with PlaneSmart! is simple and efficient. If the plane qualifies and is in excellent condition, preferably late model with advanced avionics, PlaneSmart! will take care of all the details including title and registration, ongoing maintenance, insurance etc.., so all you have to do is schedule the plane when you want it and go. Existing owners will receive a significant refund on their original investment as well as enjoy aircraft operations at a fraction of the cost.

Aircraft owners and others interested in complete management and fractional ownership solutions should contact PlaneSmart! Aviation at 888-2-AVIATE to find out more, or visit the website at http://www.planesmart.com.

About PlaneSmart!

PlaneSmart! provides professionally managed shares of top-of-the-line aircraft at a fraction of the cost of sole ownership. Customers enjoy a full-service, "hassle-free" experience as their aircraft management company takes care of all the requirements of maintaining and caring for a plane, such as storage, fuel, scheduling, maintenance, and insurance.


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