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Sun, Jan 29, 2006

They'll Fly You To The Moon And Back -- 8.5 Times

AirShares Elite Passes Four Million-Mile Mark

AirShares Elite announced Friday their group of pilot-owners has flown over four million miles. To put that number into perspective, consider that four million miles is equal to 8.5 roundtrips to the moon, or 160 trips around the earth at the equator.

The accomplishment comes as AirShares Elite celebrates its most successful year to date. In 2005, AirShares Elite saw the annual aircraft usage by their pilot-owners reach a total of 13,856 flight hours. AirShares also expanded into four major markets, added 15 aircraft to their rapidly growing fleet and welcomed their 200th client.

"Four years ago, we set out to enhance the human journey with broader access to personal aviation," said CEO David Lee. "Today we realize that reaching these performance milestones is a tremendous endorsement of our program by our owners... showing not only the great value our program, but also the incredible utility that owners are receiving from our fleet of 43 Cirrus Design SR22s."

AirShares Elite also celebrated surpassing the 25,000 flight hour mark. That's equivalent to over 3 years and 9 months of continuous operation.

"We are very pleased to be a part of this pioneering personal air travel endeavor" says Alan Klapmeier, CEO, Cirrus Design. "Our hope is that one day AirShares Elite will be seen as a common ownership experience for people across the country."

AirShares Elite operates their fractional ownership company with aircraft based in Atlanta, New York, Boston, Detroit, Chicago, Columbus, Philadelphia, Washington D.C., Birmingham,  Ft. Lauderdale, Miami, Ft. Myers, Sarasota, and Tampa.

The company plans to build on their momentum. "For 2006, our goal is to make at least 10 more trips to the moon and back," said Lee.

FMI: www.airshareselite.com

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