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For IBIS Airlines Investors:

This release contains forward looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. The forward looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with changes and transitions in management personnel, the impact of the global economy and uncertainty in the airline spending environment, revenue growth and recognition of revenue, products and services, their development and distribution, service demand, economic and competitive factors, the Company’s key strategic relationships, as well as other risks detailed in the Company’s filings with the Securities and Exchange Commission. IBIS Airlines assumes no obligation to update any forward looking information contained in this press release or with respect to the announcements described herein.