Effective June 5, 2009, the U.S. Department of Transportation notified U.S. Helicopter Corp. of its approval of the appointment by the company of John F. Haskins as President. The company on May 26, 2009, the Board of Directors of the company appointed Mr. Haskins to serve as Chief Executive Officer and President of the company on April 2, 2009, which Mr. Haskins formally accepted through the execution of a consulting agreement on April 30, 2009. The effective date of Mr. Haskins's appointment as President was to occur on the date upon which the company and Mr. Haskins have fulfilled all regulatory requirements applicable to the company as a Federally-certificated airline carrier. Effective June 10, 2009, John Capozzi resigned from the Board of Directors of the company. Prior to his resignation, Mr. Capozzi served as a director on the company's Audit and Finance Committees. Effective June 25, 2009, Richard Bushman resigned from the Board of Directors of the company. Prior to his resignation, Mr. Bushman served as a director on the company's Finance and Corporate Governance and Nominating Committees. Mr. Bushman was the nominee to the Board of International Financial Advisors, K.S.C.C.

Effective April 28, 2009, the Board of Directors of U.S. Helicopter Corp. has appointed John F. Haskins to serve on the Board. The Board appointed Mr. Haskins to serve as Chief Executive Officer and President of the company on April 2, 2009, which Mr. Haskins formally accepted through the execution of the Consulting Agreement on April 30, 2009. Effective April 28, 2009, the Board of Directors of the company has appointed George Reenstra to serve on the Board. In addition to his position with the company, Mr. Reenstra is President of Aircraft Services Group. Effective May 26, 2009, John G. Murphy resigned from the company's Board of Directors in connection with the Succession Plan and Agreement. On April 2, 2009, the Board accepted the resignation of Mr. Murphy's service as Chief Executive Officer and President of the company, with the effective date of resignation as Chief Executive Officer to occur April 6, 2009 and the effective date of resignation as President to occur on the date upon which the company and Mr. Haskins have fulfilled all applicable regulatory requirements in connection with such transition. Effective March 19, 2009, Terence O. Dennison ceased acting as the company's Chief Operating Officer and presently remains employed with the company on a part-time basis.

U.S. Helicopter Corp. changed its OTCBB stock ticker symbol to USHP from USHP.E.