October 19, 1998
CONTACT: Keith Cleary (914) 933-7604

aircraftbuyer.com -- NEW ONLINE AIRCRAFT RESALE SERVICE TAKES OFF

AVIATION WEEK'S aircraftbuyer.com is first fully-automated aircraft resale website

NEW YORK, NY - The first fully-automated website for advertising and locating resale aircraft was unveiled today by AVIATION WEEK, the world's leading provider of information products and services to the global aviation and aerospace market, and publisher of the world's oldest and most respected aircraft resale magazine, A/C Flyer.

The new service is a web site called aircraftbuyer.com, and it is designed to facilitate the fastest, easiest and most secure marketing of private and commercial aircraft. Anyone interested in buying or selling aircraft can access the site at www.aircraftbuyer.com. Unique service features include complete buyer and seller access, real-time listings and secure Cybercash transactions for aircraft advertisements.

"The aircraft resale market in the U.S. alone is valued at $11.2 billion, with more than 26,000 transactions every year. And it is growing," said AVIATION WEEK Executive Vice President/Publisher Kenneth E. Gazzola. "We created aircraftbuyer.com to connect people and to help them to make the best-informed decisions about buying and selling aircraft, from single-engine piston through turbine aircraft, in this fast-growing marketplace."

At aircraftbuyer.com, individual sellers can write their own ads, upload digitized photos and pay for their listings - all online. Dealers, too, can post listings - real-time - directly to the site. And buyers looking for aircraft will find the most comprehensive online resale listings in the world at aircraftbuyer.com.

Market news, broker/dealer directories and sponsor links, plus access to the total content of AVIATION WEEK Online (www.aviationweek.com), make aircraftbuyer.com a dynamic global aviation market resource.

"AVIATION WEEK'S A/C Flyer magazine has been online since 1994 with interactive services for readers and advertisers," said A/C Flyer operations director Mike Perry. "The new aircraftbuyer.com capitalizes on this past success to serve more of the world's aircraft buyers and sellers."

aircraftbuyer.com is an advertising and aircraft locating service of AVIATION WEEK Online -- the Internet resource center of AVIATION WEEK, a division of The McGraw-Hill Companies. With more than 40 products and services and an audience of some one million professionals and enthusiasts, AVIATION WEEK is the world's largest multimedia information provider to the aviation and aerospace market. The cornerstone of the AVIATION WEEK portfolio is AVIATION WEEK & SPACE TECHNOLOGY, the world's leading aviation and aerospace technology and business magazine, covering the military, commercial and space markets for more than 440,000 readers in 130 countries.

AVIATION WEEK
2 PENN PLAZA
NEW YORK, NY 10121
(212) 904-3255