Halcyon Jets Announces Record Revenues of $5 Million for June 2008.

Revenue Growth Continues to Accelerate as Halcyon Implements Business Strategies to Expand Luxury Travel Services Worldwide

NEW YORK -- Halcyon Jets Holdings, Inc. (OTCBB:HJHO), pioneering high-growth business strategies for the next generation of private air travel brokerage, has announced that preliminary revenues for the month of June 2008 were $5.0 million, another record high achieved just over a year since the inception of business operations.

The Company also recently reported financial results for its first quarter ended April 30, 2008, highlighted by the Company's continued growth in revenues to approximately $10 million, representing 83% of revenues for the entire previous fiscal year. Including June, the Company's revenues are in excess of 150% of the entire fiscal 2008.

"We continue to witness the overriding strength of our business model through sustained revenue growth," said Mitchell Blatt, Chairman and Chief Executive Officer of Halcyon Jets. "What is perhaps most impressive is that the majority of our revenues to date have been derived purely from organic operations."

The Company recently announced a strategic initiative to acquire profitable competitors to expand operations, increase the number of high-end clientele and gain access to an ever larger pool of private aircraft. To this end, Halcyon has already announced two executed letters of intent, subject to due diligence and board approval, to acquire two competitors.

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 world-class broker of on-demand aircraft services, serving as agent of its customers in arranging for their transportation needs. Halcyon Jets capitalizes on the highest-margin segment of the aviation industry: elite business and luxury travelers who demand the highest levels of service, professionalism and comfort. The Company is committed to building revenues and shareholder value through organic growth as well as possible acquisitions. To serve this growing market, Halcyon has developed a luxury service unique in its ability to create a comprehensive White Glove-Red Carpet travel experience. Halcyon Jets takes pride in having the most flexible card program in the industry, with the lowest cost of entry, as well as the highest level of service. Halcyon Jets has access to a fleet of aircraft reaching thousands of airports, large and small, nationally and internationally. Halcyon Jets does not own or operate the aircraft on which our customer's fly but through business partnerships with the aircraft operators, Halcyon is able to focus exclusively on providing the industry's most exemplary service. All Halcyon-arranged flights are operated by Federal Aviation Administration certificated Part 135 air carriers that have the highest independently determined safety ratings.

For more information, please visit http://www.halcyonjets.com.

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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 10-KSB filed with the Securities and Exchange Commission on May 15, 2008.