Halcyon Jets Announces Record Revenue Growth
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Revenue Continues To Soar as Company Generates $6.1 Million in
Revenue During January-February Period; March Expected to Be Highest
Monthly Revenue Month Since Company's Inception
NEW YORK--(Business Wire)--
Halcyon Jets Holdings, Inc., or "Halcyon" (OTC Bulletin Board:
HJHO), operating through its wholly owned subsidiary Halcyon Jets
Inc., a leading broker for on-demand charter aircraft services,
announced today record unaudited revenue for the months of January and
February, 2008. The Company generated revenue of approximately $6.1
million for the period, the highest revenue for a two-month period
since its inception approximately one year ago. Revenue was driven by
strong demand for corporate jet travel and increasing success of the
Company's marketing initiatives. Halcyon previously announced that it
generated net revenue of $4.7 million (unaudited) for November and
December 2007. The Company has continued its rapid growth in March,
which is expected to be the largest revenue month since its inception.
"We continue to rapidly gain market share through the unique value
proposition we offer customers," said Jonathan Gilbert, Chief
Executive Officer of Halcyon Jets Holdings. "The strong monthly
sequential growth we are experiencing reflects the reputation we are
rapidly building as a facilitator of high-quality jet travel for the
discerning traveler."
For more information, please call 212.616.JETS or visit
www.halcyonjets.com
About Halcyon Jets Holdings, Inc.
Halcyon Jets Holdings, Inc. ("Halcyon Jets" or "the Company"),
operating through its wholly owned subsidiary Halcyon Jets Inc., is a
leader broker of on-demand aircraft services, providing corporate and
leisure travelers with high levels of service, professionalism and
comfort. Halcyon Jets has one of the most flexible travel card
programs in the industry. The company has access to a fleet of
aircraft reaching thousands of airports, large and small, nationally
and internationally.
Safe Harbor for Forward Looking and Cautionary Statements
Statements included in this release may constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Such statements involve a number of risks and
uncertainties such as competitive factors, government regulation,
market demand and other factors disclosed in Halcyon's Form 8-K filed
with the Securities and Exchange Commission on August 23, 2007.
CEOcast, Inc. for Halcyon Jets
Dan Schustack, 212-732-4300
Copyright Business Wire 2008
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