Partner Jet Corp. Announces Change of Control and Management

  Partner Jet Corp. (TSX VENTURE: PJT) (the "Company") is pleased to announce that FSS Financial Services Inc., has acquired an aggregate of 4,123,760 common shares (the "Common Shares") of the Company, representing approximately 45% of the issued and outstanding voting shares of the Company, by way of private agreement, of which the Company is not a party to. In connection with the change of control of the Company, Lee Heitman and Robert Fenn have resigned as officers and directors of the Company and Bruce Reilly has resigned as a director but will continue in his role as Chief Financial Officer of the Company. In addition, Lee Heitman will continue his existing employment with the Company in a non-executive capacity. Kevin Heitman remains the Chief Executive Officer and a director of the Company. Richard Gage, Richard Cooper, Ian McDougall and Tom Johnson have been appointed as directors of the Company to replace the exiting directors. The new board of directors expects to appoint additional officers of the Company in the near future.

Brief biographies of the new directors are as follows:

Richard Gage - Mr. Gage has been involved in the aviation industry for over forty years. He is the former senior operating officer of Execaire Inc., past Chairman and later Chief Executive Officer of the Canadian Business Aircraft Association, current member of the board of directors of NAV Canada and the Canadian Air & Space Museum. Rich is a multi-rated pilot.

Richard Cooper - Mr. Cooper is the President & Chief Executive Officer of ICCI, Director & Chief Designer of Global Sensor Systems, Director & CEO of Northrup Development Corporation & Chairman of the Board of Cardinal Couriers, Ltd. He is the former President & Director of the Toronto International Air Show, a member of the board of directors of the Canadian Air & Space Museum. Richard is a multi-rated fixed wing and helicopter pilot and Warbirds collector.

Tom Johnson - Professor Johnson is the director of the Osgoode Schulich J.D./MBA Program at York University and member of the full-time faculty of Osgoode Hall Law School specializing in business law and project finance. Professor Johnson is a member of the Law Society of Upper Canada and has extensive business experience throughout the world, including central Asia, Europe, Australasia and the Caribbean.

Ian McDougall - Mr. McDougall has over twenty five years experience in the aviation industry. He is the Chairman of Flight Solutions & Services (FSS) Inc. and a multi-rated fixed wing and helicopter pilot. Mr. McDougall is the former Chief Executive Officer of Learjet Canada Inc. and a member of the Law Society of Upper Canada.

The Common Shares were acquired by FSS Financial Services Inc., which may increase or decrease its ownership position in the future. FSS Financial Services Inc. is an Alberta company controlled by Rimgate Holdings Ltd., a corporation governed by the laws of Canada, which is controlled by Ian McDougall.

The appointment of the new board appointees is subject to acceptance by the TSXV. The shareholders of the Company will confirm the incoming directors at the next annual meeting of shareholders of the Company.

About Partner Jet Corp.

Partner Jet Corp. has specialized in executive private travel for more than a decade and it has earned a reputation for reliable service, excellent customer service and satisfaction as well as being known as a professional domestic and international commercial air carrier. Partner Jet's fleet of five jet aircraft has the versatility to meet a wide variety of public and corporate needs, offering security, convenience, and timely travel in and throughout North America, the Caribbean and Europe.

Partner Jet Corp., through its wholly-owned subsidiary, PJet Maintenance Ltd. ("PJet") is an Approved Maintenance Organization (AMO) under Transport Canada regulations. Partner Jet's AMO facility at the Lester B. Pearson International Airport is operational 24 hours a day and it provides AMO services to a wide variety of jet and turbo prop aircraft.

Shares Outstanding: 9,078,774

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Partner Jet Corp. Kevin Heitman Chief Executive Officer [phone] 905-676-0192 (FAX) [e-mail] www.partnerjet.com