One Charter plc: Why Not Buy a Share in a Private Jet This Christmas?

LONDON, November 21 /PRNewswire/ -- One Charter plc ('One Charter' or the 'Company') - the aircraft chartering, brokerage and management service - is offering a Christmas gift voucher that will give a lift to anyone's Christmas and is sure to surprise even the hardest person to buy for. The Company is now taking deposits for exclusive part ownership of a choice of two private jets and providing membership to the dawning era of the air-taxi.

For a deposit of GBP2,500 you can secure your nearest or dearest a one-tenth ownership of a Cirrus SR22 GTS jet ('the Cirrus') for expected Summer service in 2007. Next Christmas you could upgrade your slot to a one- tenth fractional ownership slot on the Eclipse 500 ('the Eclipse') for expected Summer Service in 2008.

The Cirrus has been the World's best selling airplane for four consecutive years. It has a modern, wide cockpit and is often compared to the interior of a BMW. The Eclipse 500 is the World's first certified "very light jets" (VLJs) - a new generation of aircraft offering a compact, economical alternative to private flying.

Prices for entry into One Charter's fractional ownership scheme are as follows:

Cirrus SR22 GTS

- GBP2,500 deposit to secure a position on the first aircraft

- GBP25,000 for a one tenth fraction

- GBP400 (plus VAT for UK flights) per hour operational cost including two pilots(i)

- Expected start of service Summer 2007

- 40 hours per year

Following on from the Cirrus will come the Eclipse 500 Very Light Jet aircraft

Eclipse 500

- GBP10,000 deposit to secure a position on the first aircraft

- GBP100,000 for a one tenth fraction

- GBP800 (plus VAT for UK flights) per hour operational cost including two pilots(i)

    - Expected start of service Summer 2008
    - 60 hours per year
    (i) All prices are subject to economic conditions at the time of delivery

    Notes to Editors:

One Charter plc offers three distinct services: aircraft chartering, aircraft brokerage and aircraft management and is based next to the new terminal at Farnborough Airport. The Company's income is derived from three main areas: selling the aircraft time at a profit; offering brokerage services to clients when the Company's own aircraft is unavailable/chartered or when clients require an aircraft of another size; from charging aircraft management fees; and, providing fractional jet ownership opportunities

Fractional ownership of an aircraft allows customers to bulk-buy flying hours in advance. This is succeeding in attracting new entrants into the business aviation market and it has been stated that European fractional and block hours demand will account for at least 10 to 15 per cent. of jet production over the next ten years.

In addition to creating its own niche, One Charter is hoping to benefit from a burgeoning global market in private aircraft travel. Over the last year there has been a 25% increase in private jet deliveries globally.

Photos are available on request.

www.onecharter.co.uk