Contact Information: CONTACTS: AirNet Systems, Inc. Fred deLeeuw (614) 409-4832 InvestQuest, Inc. Bob Lentz (614) 876-1900
AirNet Systems Adds Regional Flights to National Airline Network
| Source: AirNet Systems, Inc.
COLUMBUS, OH--(Marketwire - October 20, 2008) - AirNet Systems, Inc. ("AirNet") today
announced a service partnership with BeavEx to add regional in-bound and
out-bound service in eight cities to AirNet's national airline network.
This partnership will leverage the strengths of AirNet's unique airline
with BeavEx's established ground transportation capabilities. These feeder
flights will enable customers of AirNet and BeavEx to benefit from the
time-sensitive delivery of shipments that also require a high degree of
custody and control.
This service partnership creates a dynamic presence within the South
Central region of the United States. The cities being added to current
points of origin in Texas include in-bound and out-bound cargo flights from
AirNet's Dallas hub to Abilene, Austin, Houston, Midland, San Antonio and
Tyler in Texas, and Monroe and Shreveport in Louisiana. In addition to
significantly expanding the number of cities served in this region, the
partnership also offers an innovative transportation solution for customers
in other major markets throughout the United States. The integration of
these feeder flights into AirNet's national network coupled with BeavEx's
ground transportation capabilities results in a simplified and
cost-effective door-to-door solution for customers.
George Gonzalez, Chief Executive Officer of AirNet, commented, "We are
excited about this new regional relationship which further strengthens
AirNet's network throughout the United States. It offers an innovative
transportation solution for cargo shipments for smaller, underserved
markets with the benefits of national scale. This approach demonstrates
one of our growth strategies to expand AirNet's market presence and serve
additional customers within our network."
About AirNet Systems, Inc.
AirNet Systems, Inc., an affiliate of Bayside Capital, focuses its
resources on providing value-added, time-critical aviation services to a
diverse set of customers in the most service-intensive, cost-effective
manner possible. AirNet operates dedicated charters and an integrated
national transportation network that provides expedited transportation
services to banks and time-critical small package shippers nationwide.
AirNet's aircraft are located strategically throughout the United States.
To find out more about AirNet, visit the Company's website at
www.airnet.com and to find out more about Bayside Capital visit
www.bayside.com.