NEWS RELEASE

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

For Immediate Release

TEXAS AVIATION SERVICES FOUNDER CARL WOODARD RECEIVES FAA'S "CHARLES TAYLOR MASTER MECHANIC" LIFETIME ACHIEVEMENT AWARD

Fort Worth, TX, April 27, 2007 - Texas Aviation Services, an industry leader in helicopter and aircraft completion, MRO and maintenance services for over 36 years, is proud to announce that its Founder and CEO, Carl D. "Woody" Woodard has earned the Federal Aviation Administration's Charles Taylor "Master Mechanic" award. The award, named in honor of the man who designed and built the engine for the Wright brothers' first successful aircraft, is presented to certificated mechanics and repairmen who have worked in aviation for at least 50 years. It is one of the highest honors that the FAA can bestow.

Tim Woodard , President of Texas Aviation Services, said: "We are all extremely proud of my father's accomplishment, especially since we believe he may be the first recipient of this prestigious award ever to be active as a company's CEO at age 76. Prior to starting his first business in 1971 Woody spent 21 years in the Air Force and credits the education he received there as the foundation for his business success. He then laid the foundation for our high degree of quality and safety by which we are known. Woody's contributions to aviation are an example to us all."

The award, a certificate and a lapel pin, were presented to Mr. Woodard during a surprise ceremony with local FAA officials at Meacham Field on April 19, 2007. In accepting the award, Woody Woodard said: "I founded TAS on the core values of Quality, Safety, and Customer Service and those remain its uncompromising standards today. I'm proud to see how far our industry has come in 50 years, but I predict the best is yet to come for Texas Aviation Services and its people as we make even bigger strides of leadership in the helicopter services industry in the promising years ahead."

More details about the FAA Charles Taylor Award are at: http://www.faa.gov/safety/awards/charles_taylor .