FROM THE OFFICE OF PUBLIC AFFAIRS

AIR TRANSPORTATION STABILIZATION BOARD

   
Daniel G. Montgomery
Executive Director

February 11, 2003

Jeffrey T. Tolbert
President & CEO
MEDjet International, Inc.
1000 Urban Center Drive, Suite 470
Birmingham, Alabama 35242

Re:  Request for Reconsideration
Dear Mr. Tolbert:
We have received the materials submitted to the Air Transportation Stabilization Board (the “Board”) on January 24, 2002, by MEDjet International, Inc. (“MEDjet”).  In the materials, MEDjet requests reconsideration by the Board of its November 26, 2002 denial of MEDjet’s application (the “Application”) for a Federal loan guarantee under the Air Transportation Safety and System Stabilization Act, Pub. L. No. 107-42, 115 Stat. 230 and the regulations promulgated thereunder, 14 CFR Part 1300.

The Board and Board staff have reviewed and considered the information recently submitted.  The Board has determined that the information recently submitted does not alter in a material manner the rationale underlying the Board’s November 26th decision.  Accordingly, the Board’s November 26th denial of MEDjet’s Application remains in effect. 

Sincerely,

Daniel G. Montgomery
Executive Director