SARASOTA, Fla., Oct. 7, 2003 (PRIMEZONE) -- Elite Flight Solutions, Inc. (OTCBB:EFLT) announced today that it sees near-term growth at its Sarasota, Florida headquarters. Elite plans on signing three new purchase agreements in October to acquire aircraft for its Sarasota jet charter services.
Gregory Love, president of Elite, said today, " Our goal is to cover our short-, medium- and long-range capabilities with the appropriate aircraft here in Sarasota. We are set to acquire a Cessna Citation II, a Cessna Citation VII and a Gulfstream III aircraft to join our existing Cessna Citation III. Now that operations are up and running in Alaska, we can focus on our growth here at home. Once we have acquired the aircraft for the Sarasota facility, our plans are to expand to other major markets in the United States, including Dallas, Los Angeles and Chicago."
Elite seeks to secure a slice of the multi-billion-dollar domestic jet charter aviation business. The Sarasota headquarters includes a 20,000-sq-ft hangar facility that would house the company's fleet. Altogether, Elite has acquired five aircraft to date, including a Cessna Citation III, a Lear 25-D, two Lear 35-A aircraft and a Cessna Citation II.
With access to over 50 aircraft through marketing agreements in place with American Air Network, Elite will aggressively compete with other major charter aviation companies for a share of the consumer and business charter market.
About Elite Flight Solutions
Elite Flight Solutions has an extensive network of charter jets. It will provide a one-stop-shop for client air charter needs. Additionally, service agents are on call 24 hours a day to handle any request, from booking a last-minute flight to full concierge service. Elite Flight Solutions charter service is not only available to major commercial airports, but in excess of over 5,000 airports nationwide. Elite Flight Solutions fills a niche that still has plenty of room for growth. Clients no longer have to deal with congestion, lines, flight delays, or security worries. Finally, clients may pay for one trip at a time and have the ability to tailor services to their specific travel needs.
For further information now on Elite Flight Solutions Inc. go to http://www.eliteflightsolutions.biz.
FORWARD-LOOKING STATEMENTS:
Statements about the company's future expectations, including revenues and earnings and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Capital Securities Act of 1933, section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Securities Litigation Reform Act of 1995. The Company's actual results could differ materially from expected results. The company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release, the company will appropriately inform the public.
For investor relations please contact Elite Flight Solutions at 866-FLY-JETS.