Indigo Launches a New World of Executive Travel; Introducing the Corporate Jet Experience for the Individual Business Traveler.

Business Editors/Travel Writers

CHICAGO--(BUSINESS WIRE)--Feb. 26, 2003

Business travelers will soon experience an entirely new world of travel when Indigo launches its new corporate jet service on March 3rd with a new fleet of customized Embraer jets.

Indigo is beginning regular and frequent service between private facilities at Chicago's Midway Airport and Teterboro Airport (located just seven miles from Manhattan).

It is the only jet service that provides individual travelers with the advantages of flying a business jet - security, comfort, convenience, productivity, and personal service for the price of a full coach ticket.

"Indigo will set a new standard for the executive travel experience which will appeal to anyone who expects a high level of personal attention, comfort and the ability to work or relax," explains Chairman and CEO Pete Pappas. "We're eliminating the hassle of business travel with executive service and affordable, non-stop flights between major business centers."

Indigo's superior service benefits include:

Convenient, Private Airport Facilities - Indigo flights will arrive and depart from private airport faculties, eliminating the long lines, early check ins and crowded noisy terminals. In fact, passengers can arrive as little as 20 minutes before departures and upon arrival they can be on their way within five minutes of landing, cutting as much as two hours from round trip travel time. Travelers can continue to conduct business in Indigo's comfortably appointed boarding lounges which feature cable TV, refreshments and laptop data communication ports.

Spacious, New Embraer Jet Fleet - Engineered for the business traveler, the new fleet of custom designed Embraer Business Jets function as a flying office. The cabin is configured with 16 executive-style seats spaced to maximize the comfort and privacy of every passenger, with each seat being in both window and aisle position. The Embraer Business Jet has an outstanding safety record, twin Rolls-Royce engines, the latest cockpit technology and performance capabilities.

Personalized Service - From travel planning to check-in to onboard services, Indigo's representatives will provide personalized amenities, such as individual light fare, premium beverages, valet luggage service and immediate baggage retrieval upon arrival.

"We're offering a model of efficiency, productivity and personalized service designed for the business traveler. We believe that a productive hassle-free travel experience is a compelling business proposition that will succeed in our initial routes and as we expand to other private airport facilities near major business centers, " says Bill Kostel, Vice President of Marketing and Planning.

About Indigo

Indigo, a division of NewWorld Air Holdings, Inc. offers a secure, comfortable and hassle-free experience as a public charter service between Chicago and New York City with a new fleet of Embraer Business Jets. Indigo's services are customized to meet the business traveler's needs including public charters offering individual seats, private charters, and corporate shuttles.

Indigo, headquartered in Chicago, was launched with private equity. The company has on order 25 Embraer ERJ 135 regional jets, with options or 50 more. The initial order is valued at greater than $1 billion.

For reservations, customers can contact their travel agent or corporate travel department (carrier code I9), or call Indigo direct at 1-877-4INDIGO. For more information, visit the Indigo website at www.flyindigo.com.

NOTE: All Indigo flights offering seats for individual purchase are public charter flights operated for Indigo by Indigo's sister company, Air-Serv, Inc. Please refer to the Public Charter Passenger Agreement for additional information.