News Release

Horizon Air Group acquires Starbase Jet

Horizon Air Group is proud to announce the acquisition of World Class Jet dba Starbase Jet, including the air carrier certificate which will be rebranded Horizon Jet Management. This provides the company tremendous forward momentum in offering the highest quality service and aviation management to its clientele. The acquisition allows Horizon to not only assist clients with aircraft sales and charter services, but also FAA licensed aircraft operation, all under one roof.

Horizon can now immediately offer these services, and utilizing the company's previously developed network, is in a prime position to begin helping jet owners generate more revenue through charter activity. The Part 135 air carrier certificate, which is ARGUS Platinum rated and has worldwide operating authority, is a valuable addition to its strong portfolio of offerings.

This acquisition also makes Horizon Air Group one of the largest air charter organizations throughout the south central United States. It is now also one of the only companies in the country fully dedicated to all three major sales functions within the private aviation industry: aircraft management, charter brokerage, and aircraft sales and acquisitions.

According to Horizon Air Group CEO Luis Barros, "In a time when people feel like they only have two choices, to either stick with the classic charter models that have been around for some time or buy into the trendy memberships programs that have been popular lately, it's important to us to really forge ahead with an alternative that combines the best of both worlds. We've advanced the technology and approach of the classic models along with bringing more of a practical and aviation-based offering to the membership app crowd," Mr. Barros added.

Horizon will be managing coast-to-coast assets, while retaining operations in Houston, TX and adding to their headquarters in Dallas.