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Flying Colours Delivers First CRJ ExecLiner

Peterborough, Ontario – August 1, 2008 -- Flying Colours; a global leader in aircraft completions and maintenance, today announced they have delivered their first CRJ ExecLiner to launch customer, Club One Air based in New Delhi, India.

The CRJ ExecLiner program was launched in late 2006 with the Club One Air aircraft arriving in August of 2007. The CRJ ExecLiner involves removing an airline interior and replacing it with a new custom executive interior and Flying Colours Auxiliary Fuel System which increases the range of the aircraft to an estimated 3000 NM. “The process has been both

challenging and rewarding for all parties involved and we are very proud to be delivering this stunning aircraft to Club One Air,” stated John Gillespie, President, Flying Colours Corp.