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NetJets Europe: NetJets flies into India
[March 19, 2008]

NetJets Europe: NetJets flies into India


(M2 PressWIRE Via Thomson Dialog NewsEdge)
RDATE:19032008

Mumbai, India -- NetJets Europe, the largest private jet operator in
Europe, today announced it has engaged Ashish Chordia, CEO of Shreyans,
to act as its strategic partner. This is the company's first foray in
the Indian market. This announcement was made at a press conference at
TajMahalTowers, Mumbai.

Strong economic growth and growing demand for private jet travel in
India, coupled with a 400 percent increase in the number of NetJets
Europe business jet flights, to and from Indiain the past four years,
has led the company to direct focus on its long term strategy in the
country.

NetJets Europe, through their strategic partnership with Mr Chordia,
will offer their business jet services to Indian businessmen and women
looking to travel abroad. The companies are also considering their
options in the domestic market including working with additional local
partners.

Mr Chordia has been enlisted to help introduce NetJets Europe to the
local community due to his knowledge of the Indian market and his long
standing experience representing luxury brands including Porsche,
Fendi, and Van Cleef and Arpels.

Robert Dranitzke, NetJets Europe's Director of Marketing, said:
"India's economy is booming and in today's global marketplace, more and
more Indian companies are investing and doing business in Europe. We
look forward to working with Ashish Chordia to service the Indian
community."

Ashish Chordia, CEO of Shreyans and NetJets new strategic partner said,
"NetJets' global leadership position and their unparalleled commitment
to safety make their service offering an attractive one for many Indian
businessmen and women. I am excited to introduce the Indian business
community to NetJets".

About NetJets Europe

NetJets Europe was founded in 1996 and today is the largest business
jet company in Europe. As the only pan-European operator with its own
fleet, NetJets Europe, through NetJets Transportes Aereos (NTA), is
uniquely capable of delivering a consistent, world-class service with
an unparalleled commitment to safety and security. NTA is the only
dedicated business jet operator to be awarded the IOSA certificate -
the highest safety accreditation in the world. In 2007, the NetJets
Europe Fleet flew more than 73,000 flights to 136 countries. NetJets
Europe employs a total workforce of more than 1,600. NetJets Europe is
the marketing agent of NetJets Transportes Aereos S.A., an EU air
Carrier.

About Shreyans and Ashish Chordia

Shreyans is the leader in luxury distribution in Indiaand provides its
customers with luxury products including but not limited to: cars,
yachts, super bikes, fashion articles and jewellery. Ashish Chordia,
CEO of Shreyans, entered the luxury goods business by acquiring
exclusive rights from renowned European luxury brands. After several
successful years, the group now distributes and retails some of the
world's top brands including: Porsche, Audi, Ducati, Van Cleef &
Arpels, Fendi, Dolce & Gabbana, and Etro.

CONTACT: Joanna Derain, NetJets Europe
Tel: +44 (0)20 7361 9559
e-mail: [email protected]
WWW: http://www.netjetseurope.com

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