FOR IMMEDIATE RELEASE

Flying Colours Delivers First Green Challenger 850

Peterborough, ON, Canada, December 7, 2009 – Flying Colours Corp., a global leader in aircraft completions and maintenance recently delivered their first Green Challenger 850, SN: 8092 to an international client.

The completed aircraft recently departed Flying Colours main facility in Peterborough destined for Moscow, Russia where it will be operated and managed by Chartright Air Group.

Manufacturing and installation of the executive interior were completed at their Peterborough, Ontario facility. Flying Colours was assisted on the project from an engineering standpoint by Montreal based Berletex Aero Design.

Flying Colours currently has three (3) additional Green Challenger 850 completions in progress plus two further completions scheduled for arrival in 2010. The completions are taking place at both their main facility in Peterborough and at there US based operation, JetCorp Technical Services.

“We are thrilled to have our first green 850 completion in operation and are looking forward to developing our green completion capabilities on a number of different platforms in the future,” remarked John Gillespie, President Flying Colours Corp.

About Flying Colours Corp.
Flying Colours, headquartered in Canada is a leading aviation services company with concentrations in Green Completions, Interior Refurbishment, Maintenance, Component Services, Auxiliary Fuel Systems, Exterior Paint, and Avionics installation & Upgrade. FCC’s U.S. operation, JetCorp Technical Services is an FAA Class III and IV part 145 repair station based in St. Louis, MO. Flying Colours and its subsidiaries have established a worldwide customer base as a result of its commitment to safety, quality, and elite customer support.