Kiwijet Alive And Well

PRESS RELEASE

July 25, 2007 Christchurch, New Zealand:

The Kiwijet Airline Company Limited is alive and well one month after our bid to acquire the Qantas Jetconnect operation was turned down. We are well enroute to developing New Zealand’s first all jet regional airline. As a result of the change we will take on a more traditional look and competitive fare structures to match all fares on competing sectors offered by the national carrier and participate with several global GDS systems and worldwide travel sites as well.

The Kiwijet difference will be obvious and the answer is simple starting with the choice of aircraft. We have selected the EMBRAER ERJ 145 regional jet to deliver a fast, sleek, comfortable and quiet jet that will take passengers to their destinations quickly and seamlessly. We are confident that our guests will appreciate the EMBRAER regional jet’s speed, comfort and reliability. Or, people can choose the existing slow, vibrating, noisy and turbulent propeller airplanes of the national carrier that most kiwis and tourists alike are intimately familiar with bouncing around in New Zealand’s skies.

The competition is so concerned with this image that they feel it is necessary to publish a 34 page booklet in the seat onboard these aircraft that praises the virtues of its new turboprops. The national airline goes on to make claims that these turboprops are fuel efficient as well. The reality is that these aircraft are 250 kph slower than the EMBRAER ERJ 145 jet keeping you in the air longer and more uncomfortable especially in inclement weather conditions using the same amount of fuel or even more depending on the winds.

We plan to initiate services with a fleet of seven regional jets to the cities of Auckland, Christchurch, Dunedin, Hamilton, Invercargill, Nelson, Palmerston North, Tauranga and Wellington in November 2008. Our schedule has been well planned to coordinate schedules with the following airlines in Christchurch and Auckland: Qantas, Jetstar, Emirates, Japan Airlines, Korean Air, Cathay Pacific and LAN Airlines for example. Passengers will no doubt appreciate the EMBRAER regional jet’s speed and comfort offered by Kiwijet.
New Zealanders will benefit from the these aircraft as well by linking the far north to the far south in two hours or less without having to open their wallets while onboard. We will serve light snacks and complimentary beverages as well as beer and wine featuring local brewers and wineries as we had initially planned, we will even mind the kids for you too. Assigned seating with a generous frequent flier programme will allow our honored guests to accrue and redeem points with a variety of airlines and travel providers. We will offer a wide choice of options with co-branded credit cards, digitext and pre paid cards available in a wide range of outlets in New Zealand such as petrol stations, AA offices and travel agencies here and abroad. Even online check-in will be available for your convenience.

All aircraft will be based in Christchurch and log eleven hours of flight time every day. All aircraft will return to Christchurch at the end of each day allowing us to focus our efforts on maintenance and engineering activities in the overnight hours which will provide a high level of dispatch reliability. Due to the positioning of the aircraft we will offer the absolute lowest walk up fare between Christchurch and Auckland billed as the Sunrise Special CHC-AKL and the Moonlight Special AKL-CHC. Four flights will be offered each morning between CHC-AKL and each evening between AKL-CHC. These flights will be offered at $59.00 NZD inclusive of GST on a first come first served basis. All flights will make one enroute stop as well and a limited number of seats will be available everyday.

We are working diligently with the Embraer Aircraft Company’s Asia Pacific regional offices in Singapore to locate and secure the necessary aircraft and the certification of these aircraft to NZCAA Airline Standards.

Kiwijet’s financial health is good with all of our equity partners committed to the project for funding up to sixty five million US Dollars as we achieve certain benchmarks and agreements with vendors. airports, airline partners, staff and the NZCAA.

We still have a long road ahead of us to bring New Zealand’s domestic air services into the 21st century and compete effectively against a state owned airline monopoly that gives kiwis and visitors alike little or no options for fast efficient air travel in this vast and dynamic country as more and more people see New Zealand as a good value and a safe holiday & business destination.

Staff will have a vested interest in delivering a quality product by enjoying the benefits of revenue sharing on a quarterly basis. All Christchurch ground staff will also serve as cabin staff giving us a high level of productivity with the best care in the air.
A series of media events are now planned for November 2007 in Christchurch and Auckland to highlight our planned operations and introduce key management personnel and overall progress in this exciting project.

Our website will be available from November 01 2007 please check back at www.kiwijet.net
For additional information please contact us via email at kiwijet@bellsouth.net
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