International Jet Management Completes Pylon International Inc. Acquisition

International Jet Management (IJM), a private jet company providing aircraft charter, management, sales and maintenance services, announced today the company has completed the acquisition of Pylon International Inc., a Part 135 charter operator of jet aircraft, based out of Van Nuys, Calif. IJM Holdings Corporation is the parent company of both IJM and IJM Western Corporation. Pylon will merge its business operations into IJM Western Corporation, a member of the IJM Group.

“The merger of these two companies represents a significant step in continuing the execution of our strategy to elevate IJM’s future growth,” said Alexei Mack, Founder, President and CEO of IJM. “With the addition of Pylon’s leadership team, IJM is now fully equipped with the right aviation industry expertise on the West Coast.”

The completion of this transaction has now expanded IJM’s operations to the West Coast. Pylon, which will be re-branded as IJM West, will bring a fleet of light, mid and large cabin jet aircraft as well as access to the very active markets on the West Coast. Pylon (IJM West) will provide the ability to create cost savings from the combined East and West Coast operations and finally the ability to add talented aviation and management skills in Los Angeles that will contribute to the overall national growth of IJM.

“It is of great value to find two businesses with a common vision,” said Andrew Kane, Chairman and CEO of Pylon. “This is a logical fit in the creation of what is planned to become one of the best known companies in private jet management and charter in the United States and in time beyond.”

Pylon’s current key executives will play critical roles in the day-to-day operations of IJM’s new West Coast operations. Andrew Kane will be the Executive Vice President of West Coast Operations and will become a Director of IJM Holdings, Alan Goodman will be responsible for the growth of the charter business on the West Coast and Michael Blakey will be responsible for the growth of the fleet of planes and plane owner transactions for the West Coast.

About International Jet Management (IJM)

International Jet Management (www.ijmjets.com) is a private jet company providing aircraft charter, management, sales and maintenance services. Dedicated to the highest level of safety, IJM is committed to providing exceptional personalized service by an experienced management team with extensive aviation experience. Based out of the Dulles Jet Center at Dulles International Airport and Van Nuys Airfield in Los Angeles, Calif., IJM has locations across the nation in order to provide domestic and international private jet transportation services.