FACT SHEET

Launch Date: 
June 2009

Location:             
1 Dag Hammarskjold Plaza
885 Second Avenue, 16th Floor
New York, NY 10017

Telephone:                                               
(212) 461-6800
Toll free: (888) 600-4008
                                               
Website:                                      
www.shareajetexchange.com 

Email:                                         
info@shareajetexchange.com

President:
Todd Rome

CEO:
Ricky Sitomer

Director of Marketing:               
Ryan Auer

About ShareAJet Exchange: 
Blue Star Jets, the world’s largest private aircraft charter broker, has introduced the world’s first online social networking site for travelers seeking to fly privately, while minimizing costs— the ShareAJet Exchange. As the first site of its kind, the ShareAJet Exchange will introduce travelers to flying privately together, helping clients connect with other flyers planning trips to similar destinations and arrange to share flights aboard a specific private aircraft. If a trip to the desired destination is not posted, clients may also upload their own travel plans with the aim of matching that with another traveler. Such a public, socially-interactive marketplace allows for clients to share the price of the charter flight with a savings of up-to-50%, while also planning trips together and testing out various aircrafts that may assist in determining a preference. The ShareAJet Exchange is ideal for consumers, travel agents, flight departments, jet charter companies and corporations seeking to save costs on business travel, while also opening the private aviation industry to commercial flyers.

As Blue Star Jets granted travelers unmatched access to the private aviation industry through its centralization of the charter business, eliminating the need for fractional jet ownership, the ShareAJet Exchange will once again lower the barrier of entry for travelers into the marketplace as it brings down the costs of private aviation for travelers by up-to-fifty percent. For example, a private aircraft flight on a Gulfstream jet from New York City to Los Angeles is currently around $25,000; through the ShareAJet Exchange, that price could be as low as $16,000. In addition to being financially savvy, the ShareAJet Exchange also keeps with environmentally-conscious efforts, as carbon emissions are lessened through shared flights. ShareAJet Exchange opens the private aviation market to travelers who have previously solely flown commercial, as this Blue Star Jets program helps to lower private aviation costs, so that they rival the price of a first-class commercial aircraft ticket.

This past fall, as the economy suffered a significant downturn, Blue Star Jets clients began inquiring if they could share private aircrafts flights in order to lessen costs— jet-setters are seeking to maintain their luxury lifestyle, while embracing a sense of frugality. As these requests grew, it became evident that Blue Star Jets possessed the volume and capability to launch such a program. While other companies’ attempts to successfully pioneer such flight programs have resulted in disappointment, Blue Star Jets – with over 7,000 clients (the largest client base for any private aircraft charter broker), access to the best pilots as well as established partnerships with a number luxury lifestyle and travel companies – is the right company to launch the first platform with credibility and clarity to offer private aviation clients.

This summer, Blue Star Jets expects an increase in demands for flights, from Southampton to the South of France, as the travel season hastens. Additionally the popularity of major travel destinations during specific times throughout the year – Los Angeles during award season, England for the Wimbledon Championships and Royal Ascot, Switzerland for Art Basel, France for the Monaco Grand Prix and Cannes Film Festival, and St. Barth and South Florida during the holiday season – will prove essential for travelers seeking to match itineraries with other flyers.

As a subsidiary of Blue Star Jets, ShareAJet Exchange has the capability to review and manage Part 135 Carriers, each meeting the most stringent of standards of the Federal Aviation Administration, while continuing to offer quality services to clients, as ShareAJet Exchange users will also benefit from all Blue Star Jets luxury travel partnerships. Launching internationally, available aircraft will include, but are not limited to, Gulfstream, Falcon, Jumbo and Citation X jets, as well as helicopters, and Turbo Props.

About Blue Star Jets: 
As one of the world’s largest private aircraft charter broker, Blue Star Jets offers an unparalleled level of personalized service. As their motto states, ANY JET, ANY TIME, ANY PLACE™, Blue Star Jets grants clients freedom from the financial constraints of fractional jet ownership; the savings of paying only for trips taken; and the flexibility to choose the best aircraft according to a trip’s specific budget requirement.

As an idea which arose from business executives frustrated with the lack of service and high costs of flying privately, Blue Star Jets has revolutionized the private aviation charter business through centralization of a fractured marketplace. By creating a network of charter companies, Blue Star Jets has access to over 4,000 aircraft worldwide, ranging from helicopters to Boeing business jets.

Operators providing service for Blue Star Jets’ clients must meet the most stringent of standards set forth by the Federal Aviation Administration (FAA); additionally, Blue Star Jets offers aircraft that have been independently audited for safety, as well as their respective safety reports, to clients.

The Blue Star Jets’ broker relationship sets it apart from its competitors. Blue Star Jets does not manage or operate aircraft on behalf of their clients; however, the company assists clientele in finding the best operators for any aircraft. Its staff of aviation specialists solicits competitive bids on each flight request, passing the savings to their clients. Blue Star Jets’ aviation specialists are available twenty-four hours a day, seven days a week.

Since 2005, the New York-based Luxury Institute has named Blue Star Jets the “Most Prestigious Private Jet Services Brands.”

About Todd Rome:   
In April 2001, Mr. Todd Rome founded Blue Star Jets due to the inefficiencies in the private jet marketplace. While at Blue Star Jets, Mr. Rome has been the safety and security expert on CNN post-9/11, and has made numerous appearances on CNBC and FOX, in addition to a number of other cable networks. Prior to Blue Star Jets, Mr. Rome ran a successful broker-dealer on Wall Street in New York City. Mr. Rome is also Co-Chair of the Diabetes Research Institute. When not traveling or working, Mr. Rome enjoys spending time with his wife and children in the Hamptons.

About Ricky Sitomer:   
Mr. Richard (Ricky) Sitomer has been partners with Mr. Rome since 1992, co-founding their Wall Street business before the conception of Blue Star Jets. Mr. Sitomer holds a Bachelor of Business Administration degree from Emory University’s Goizueta Business School in Atlanta, with a major in Finance, which he earned in 1990. When he is not working, Mr. Sitomer enjoys playing tennis, skiing, spending time with his family, and relaxing in the Hamptons.

Press Contact:                             
Norah Lawlor  
Lawlor Media Group
Tel: (212) 967-6900
Norah@lawlormediagroup.com