HeliFlite Receives Wyvern Seal of Approval

Fort Worth (March 31, 2004) HeliFlite Shares has passed Wyvern Ltd.’s most rigorous audit for both its fractional and charter operations. HeliFlite operates Bell 430 and Sikorsky S-76B helicopters in the New York City area and surrounding states.

“A Wyvern audit is confirmation to the traveling public of the high standards we set for ourselves,” says HeliFlite President Cary Brown. “It’s always beneficial to be recognized by an independent authority.”

Wyvern conducts on-site audits that review all aspects of operations, including: pilot standards, crew training, operating procedures, operating history, maintenance and record keeping.

HeliFlite continues to set the standard for helicopter operations. All helicopters are flown by a crew of two, with captains averaging more than 7,400 hours flight time. Crews train regularly at FlightSafety International and helicopters receive meticulous maintenance. HeliFlite was the inaugural winner in 2002 of the Platinum Award for Safety by the Helicopter Association International and has recently won the award for 2003 as well.

HeliFlite launched the helicopter fractional ownership concept in 1998. Today it serves the mid-Atlantic and New England from a base at Newark Airport. Its fleet includes Bell 430 helicopters in fractional service and a recently acquired Sikorsky S-76B for charter.

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