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A recent change in Management and Shareholding Interests of Atlasjet

A recent change in Management and Shareholding Interests of Atlasjet

Following the latest macro developments in the travel and aviation industry, which had spreads over the entire globe, Atlasjet has changed its stance toward expansion as an IATA member airliner, by increasing its domestic and international flight numbers by 75 to 80 % in the short run and subsequently withdraw from the chartered transport operations in the medium term.

Oger Group has decided to fly with more than 9 airliners worldwide placing equal significance on all of them, given its recent sizing in structure. The Group reassigned its shares of 45% in the Atlasjet to ETS Group with effect as of Feb 1st 2006.

Consequently, Mr. Murat ERSOY and Mr. Tuncay DOGANER had been the names appointed to bear the titles of President and Vice President and CEO, respectively.

Oger Group’s engagement with Atlasjet will continue, with it being the most privileged and main customer of the latter.

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