Tim Strauss to Become CEO of Amerijet International, Inc.

Amerijet International, Inc. is excited to announce that Tim Strauss will join as its
Chief Executive Officer effective August 17, 2020, based at the Company’s headquarters in
Miami, FL. Tim is presently responsible for Air Canada’s cargo business and brings a deep air
cargo background to the position, having also worked at Northwest/Delta Cargo, Hawaiian
Airlines Cargo, and Emery Worldwide. He has considerable experience in both the commercial
and operational areas of the air cargo business.

Vic Karjian, Amerijet’s current CEO, will become Executive Chairman of Amerijet and will focus
his efforts on the company’s strategic planning, key partnerships and growth objectives,
continuing to build upon the strategic vision that he brought to the Company in 2016.

The succession will take effect during a period of profitable growth for Amerijet as it continues
to evolve from a regional leader in the all‐cargo air logistics business to becoming a global air
cargo provider to its customers across scheduled service, charter and ACMI / CMI operations, in
addition to being an active participant in Air Mobility Command’s CRAF program. Expanding its
global reach, Amerijet received its ETOPs certification from the FAA in early 2020 and
commenced scheduled non‐stop operations from Miami to Brussels, connecting points beyond
Belgium through a European road feeder service as well as providing capacity between Europe
and the Company’s extensive network throughout the Caribbean, Central & South America and

“Tim brings an enormous amount of expertise and experience to Amerijet and will be a key
driver of our future success,” said Vic Karjian. “I am excited to have the opportunity to work
with him as we continue the company’s growth as a leading global air cargo provider.”