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Tue, Sep 21, 2010

Gulfstream International Group Receives $8.5 Million In Federal Subsidies

Company Awarded Essential Air Service Contracts For Routes To Cleveland

Gulfstream International Group announced Monday that it will receive $8.5 million in federal subsidies as part of the Essential Air Service Program for five routes for small communities around Cleveland, OH.

As announced earlier, the U.S. DOT has awarded the Company new two-year contracts as the Essential Air Service provider for the communities of Bradford, PA; DuBois, PA; Franklin/Oil City, PA; Parkersburg, WV; and Jamestown, NY. Gulfstream operates flights from all five cities to Cleveland.

The federal funds are granted under the Essential Air Service Program, which was instituted to ensure that small communities, which were previously served by certified air carriers before deregulation, maintain a minimal level of scheduled air service. The DOT currently subsidizes commuter airlines to serve approximately 140 rural communities across the country that otherwise would not receive any scheduled air service.

David Hackett, CEO of Gulfstream, said, “We believe we provide the right fit to these communities; as a niche operator with a unique aircraft size, we are able to efficiently connect these smaller markets to expanded air service. We strive to offer excellent customer service in all our markets, and will continue to seek out new markets for growth, particularly those represented by the Essential Air Service Program.”

FMI: www.gulfstreamair.com

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