JETSCAPE ANNOUNCES ACQUISITION OF NEW EMBRAER E190AR AIRCRAFT LEASED TO KENYA AIRWAYS

Fort Lauderdale, Florida, December 17, 2010 – Jetscape today announced the acquisition of a new Embraer E190-100IGW aircraft and delivered it on lease to Kenya Airways, Nairobi, Kenya. The aircraft is part of a two aircraft transaction. The second E190 aircraft will be delivered to Kenya Airways in May 2011. Both aircraft will be leased for an eight-year term. These E190 aircraft will join Kenya Airway’s existing Embraer fleet of five E170 aircraft. Previously, Jetscape had successfully remarketed two used E170 aircraft to Kenya Airways on four-year leases, on behalf of Finnair, Helsinki, Finland.

“After a lengthy and thorough evaluation process, we are delighted that Kenya Airways, Kenya’s national flag carrier, has chosen to add the E190 aircraft to its modern fleet and we are proud to welcome them as a new Jetscape customer” said John Evans, Jetscape’s Chairman and CEO. “We appreciate Kenya Airway’s trust in Jetscape and their confidence in the ability of Embraer’s E-Jets to meet Kenya Airway’s stringent demands for the highest standards of quality, safety and customer service.”

Dr. Titus Naikuni, CEO of Kenya Airways, added that, “The Embraer E190’s will offer the high comfort that has come to be expected on the E170’s. In addition it will be fitted with state of the art in-seat In-Flight Entertainment Technology.”

About Kenya Airways
Kenya Airways, based in Nairobi, Kenya, is the national airline of Kenya. The airline operates a thirty jet aircraft fleet to 49 destinations. It also has nine additional aircraft on order. The airline is 22% owned by the Government of Kenya, 26% owned by the Air France –KLM Group and the remainder by institutional and individual investors.

About Jetscape
Jetscape was founded in 2000 and engages in commercial aircraft leasing, management, remarketing and advisory services – providing innovative, custom-tailored solutions to commercial aircraft owners and operators worldwide. Jetscape currently owns and manages 25 aircraft with 15 airline operators in 12 countries. Jetscape is also the exclusive remarketing agent for 20 aircraft on behalf of 4 airline customers.

Contact: Mario Schuler, Executive Director (mschuler@jetscape.aero) +1-954-763-4737