Tim Strauss to remain as CEO of Amerijet International, Inc.

Tim Strauss, who previously announced his intention to resign, has agreed to stay with Amerijet as its CEO.  Vic Karjian, Amerijet's Executive Chairman, will continue in that role.  Vic was Amerijet's CEO from 2016 until Tim joined Amerijet in August 2020, and they have overseen a period of robust growth for the Company, including its receipt of ETOPS certification in March 2020 and significant expansion into ACMI and CMI charter operations.

"I am very pleased that Tim has agreed to stay at Amerijet and look forward to continuing to partner with him as we realize our ambitions for the company," said Mr. Karjian.

"There were many factors that led to my decision to stay, but the most important were the great team that is presently at the company and our tremendous growth prospects," said Mr. Strauss.  "I look forward to continuing to support our employees and customers during this exciting period for Amerijet."

"We are extremely happy that Tim has decided to continue as our CEO, and we are also very indebted to Vic for his willingness to act as Interim CEO had it been necessary," said Bob Horne, Amerijet Board member.