NEWS RELEASE

MEDIA CONTACT: Mike Bashlor, President, mbashlor@texasaviationservices.com or 817.625.0192

For Immediate Release

TEXAS AVIATION SERVICES DELIVERS 2 MORE COMPLETIONS; CLOSES 2007 WITH RECORD RESULTS

 Fort Worth—December 31, 2007 Texas Aviation Services, an industry leader in helicopter and aircraft completions, MRO and maintenance services for over 36 years, has delivered 2 more Bell Helicopter 206 completions for clients in Mexico: SCALA, a company that buys and leases aircraft for offshore and corporate customers, and Promotora Royal Home, one of the largest builders/realtors in Mexico.  Both helicopters were outfitted with a special avionics suite and customized airframe kits to meet each customer’s specific needs.

These deliveries add to TAS’ already record high levels of revenues and backlogs for 2007.  With strong momentum going into 2008, the company is investing heavily in additional technical depth and throughput capacity.  2008 plans call for facility enhancements and substantial hiring.

Tim Woodard, President of TAS, said “We are grateful to our many valued customers throughout the western hemisphere for the numbers of helicopter projects that we performed in 2007 for Civil Completions and Military Retrofits. We anticipate quite a bit of new hiring going into 2008 to keep up with our backlog of growth already booked.” 

About Texas Aviation Services

Texas Aviation Services, with 140,000 square feet of facilities at Meacham Field in Fort Worth, TX, is an independent helicopter technical services company with 36 years of successful history.  TAS specializes in both civilian and military helicopter completions, retrofits, MRO, avionics systems integration, interiors, paint, component overhaul and engineering.  Originally founded in 1971, TAS performs complex customizing projects on civilian Bell, Eurocopter, and other helicopter types, and extensive retrofits on military Blackhawks.  The Meacham Airport operations are one of the largest of their type in the mid-South, with the capacity for scores of helicopter projects per year.  Additional information is available on the Web at http://www.texasaviationservices.com.  TAS is a wholly owned subsidiary of Ranger Aerospace & Aeronautics, Inc. (http://www.rangeraerospace.com). Other Ranger subsidiaries include Integrated Flight Systems (http://www.integratedflightsys.com) and Platinum Aviation Group (http://www.platinumaviation.com).