Jet USA Airlines, Inc.
Proposed Ticker: JETC
Exchange: NASDAQ-Small Cap Market Foster City, California
Industry: Transportation

All share information is proposed
Type of Shares:Common Shares Filing Date:5/29/96
U.S. Shares Filed:3,000,000 Filing Price:$5.00
Non-U.S. Shares Filed:0 Offering Amount: $15,000,000
Primary Shares:3,000,000 Expenses: -
Secondary Shares:0 Shs Out After:8,600,000

ManagerTierPhone
Whale Securities CompanyLead Manager (212) 484-2057

Audited
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Unaudited
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Prior
Unaudited
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Net Income:Liabilities:
EPS:Equity:

Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year,
unaudited figures are partial year

Business Description
The company is a development stage company formed to provide low cost, low fare, transcontinental and other long haul passenger service to secondary airports serving major metropolitan areas.

Use of Proceeds
Proceeds from the proposed offering will be used to lease aircraft, to compensate employees and to pay for fuel, maintenance and other flight expenses. A portion of the proceeds will also go toward sales and marketing and other general corporate purposes.

Last updated: 10/28/96

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