Los Angeles, CA - Tuesday, July 7, 2009 - Slipstream Airways and ATR announced today the signature of a HoA (Heads of Agreement) for the purchase of 18 ATR 72-500s with options for 6 additional aircraft.

During this afternoon's press conference Kenneth Smith, Executive Vice President for Slipstream Airways, announced “These new ATR 72-500s will allow us to introduce one the most modern turboprop regional aircraft into our fleet and also introduce our passengers to state-of-the-art standards of comfort in a regional aircraft. We are estatic to be further developing our regional network with aircraft which have clearly proven their suitability in any U.S. environment. We are convinced that the ATRs will strongly contribute to the growth of our airline and can ensure the lowest operating costs given the current economic environment.”  Details about delivery schedules will be announced later this month with the contract signing.

For more details and the video, please visit http://forums.slipstreamairways.com/showthread.php?p=37522#post37522

About Slipstream Virtual Airways
Home officed in Los Angeles, California, Slipstream Airways commenced commercial operations in July 2006 with 3 Boeing 717-200's and 11 Boeing 737-700's.  Slipstream's goal is to give pilots a realistic approach in a virtual world with an operational plan to grow like a real-world airline.  Today Slipstream Airways currently operates hubs in Atlanta, Los Angeles and Chicago, and services 77 destinations across North and South America, Europe, Australia and Asia Pacific with a fleet of 142 Embraer and Boeing aircraft.  Slipstream Global Logistics, a cargo division of Slipstream Airways, serves 36 international destinations with a fleet of four B747-400F, four MD-11F and one MD-11C aircraft.

Questions about the above press release can be directed to: Public.Relations@SlipstreamAirways.com
http://www.slipstreamairways.com