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2006 Fiscal Year Earnings Releases

Fourth Quarter 2006
March 30, 2007

AirNet Systems, Inc. today reported total net revenues of $42.8 million for the three months ended December 31, 2006 versus $42.2 million for the same period last year.

Third Quarter 2006
November 14 , 2006

AirNet Systems, Inc. today reported total net revenues of $43.0 million for the three months ended September 30, 2006 compared to $42.8 million for the same period last year.

Second Quarter 2006
August 2 , 2006

AirNet Systems, Inc. today reported total net revenues increased 7% to $44.4 million for the three months ended June 30, 2006 compared to $41.4 million for the same period last year.

First Quarter 2006
May 15, 2006

AirNet Systems, Inc. today reported net income of $1.7 million, or $0.17 per diluted share, for the first quarter 2006 versus $1.5 million, or $0.15 per diluted share, a year ago.

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