Halcyon Jets Announces Record Revenue Growth

Revenue Continues To Soar as Company Generates $6.1 Million in Revenue During January-February Period; March Expected to Be Highest Monthly Revenue Month Since Company’s Inception

Halcyon Jets Holdings, Inc., or “Halcyon” (OTC Bulletin Board: HJHO), operating through its wholly owned subsidiary Halcyon Jets Inc., a leading broker for on-demand charter aircraft services, announced today record unaudited revenue for the months of January and February, 2008. The Company generated revenue of approximately $6.1 million for the period, the highest revenue for a two-month period since its inception approximately one year ago. Revenue was driven by strong demand for corporate jet travel and increasing success of the Company’s marketing initiatives. Halcyon previously announced that it generated net revenue of $4.7 million (unaudited) for November and December 2007. The Company has continued its rapid growth in March, which is expected to be the largest revenue month since its inception.

“We continue to rapidly gain market share through the unique value proposition we offer customers,” said Jonathan Gilbert, Chief Executive Officer of Halcyon Jets Holdings. “The strong monthly sequential growth we are experiencing reflects the reputation we are rapidly building as a facilitator of high-quality jet travel for the discerning traveler.”

For more information, please call 212.616.JETS or visit www.halcyonjets.com

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 leader broker of on-demand aircraft services, providing corporate and leisure travelers with high levels of service, professionalism and comfort. Halcyon Jets has one of the most flexible travel card programs in the industry. The company has access to a fleet of aircraft reaching thousands of airports, large and small, nationally and internationally.

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 8-K filed with the Securities and Exchange Commission on August 23, 2007.

Contacts

CEOcast, Inc. for Halcyon Jets
Dan Schustack, 212-732-4300