News
Flying Colours: Project Phoenix Signing

April 11, 2008, Peterborough, Ont. – Flying Colours is pleased to announce that they have officially signed a contractual agreement with Dubai based Project Phoenix to complete the first “ CRJ Phoenix”.

The CRJ “Phoenix” will be equipped with Flying Colours CRJ Executive interior and auxiliary fuel system. The first CRJ “Phoenix” S/N: 7211 is currently undergoing maintenance upgrades
at Skyservice Aviation in Toronto, Ontario. Once the maintenance upgrades are
completed the aircraft will be re-located to Flying Colours facility in Peterborough,
Ontario to begin the completion process.

“The process has been quite extensive over last several months and we are
looking forward to building a long term successful relationship with Project Phoenix”,
stated John Gillespie, President, Flying Colours Corp.
Flying Colours Corp. is a Canadian based completion center specializing in
exterior and interior refinishing, as well as maintenance and modifications on all types of
business and commercial aircraft.

For further information please visit their website at www.flyingcolourscorp.com