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Press Release

WHEELTUG ENTERS THE RUSSIAN MARKET

Gibraltar, 24 June 2018 - WheelTug plc, the innovative aircraft electric taxi company, announced today the signing of two Russian airlines. The slot agreement is for several dozen narrowbody aircraft. The airlines have chosen to make their own announcements at a future date.

The additions bring the total number of WheelTug systems reserved to well over 1,100. Worldwide, WheelTug have now agreed terms with more than two dozen airlines; the Russian airlines are the fifth and sixth WheelTug signings of 2018.

The WheelTug system consists of high-performance electric motors, installed in the nose gear wheels of an aircraft, which provide complete mobility and enhanced autonomy while on the ground. Pilots can drive both pushback and taxi operations without needing to rely on tugs or the aircraft's jet engines. WheelTug will make ground operations more efficient and also more dependable, leading to reduced fuel and maintenance costs as well as improved fleet utilization.

WheelTug CEO Isaiah Cox said, "We greatly appreciate these airlines selecting WheelTug systems to help deliver savings in time, fuel, and maintenance expenses."

About WheelTug plc
Based in Gibraltar, WheelTug plc are developing the WheelTug aircraft electric drive system. A full listing of WheelTug partner companies and airline customers is on the company's website at http://www.wheeltug.gi.

Forward-looking statement at http://www.wheeltug.gi/fls.shtml

For more information:
Jan Vana
Director - WheelTug plc
+420 724 276 506
+1 410 419 0082
exec@wheeltug.gi
www.wheeltug.gi

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