Press Release

Issued by Avtrade.

January 20, 2011

After 21 years service with Avtrade, Tim Large has retired from his role as Director, Sales & Technical. Avtrade will continue to benefit from Tim's vast knowledge and experience as he will continue with the company working part time on special projects.

In response to business growth and Tim's semi-retirement, the company management team has been restructured.

Nathan Kent is appointed as Director of Sales & Marketing. Nathan has 17 years aviation experience with leading industry companies and a background in engineering and sales. He joined Avtrade 6 years ago and has held managerial roles in Marketing, Sales and Contract Support including 2 years as part of the Senior Management Team.

Tracy Keegan is appointed as Director of Contract Management, with overall responsibility for all Avtrade Group contracts and leasing. Continuing a successful 16 year career at Avtrade including management and with significant knowledge of sales, contracts and leasing, Tracy is promoted from her current position of Senior Manager – Leasing.

Tom Lane is appointed as Director of Asset Management. During 15 years at Avtrade Tom has held managerial positions in sales and marketing, including Senior Manager. With extensive experience in purchasing and sales, he will be responsible for all Inventory investment and management for the Avtrade Group.

Chris Christou is appointed as Director of Finance, responsible for financial management of the Avtrade Group. Chris, a qualified accountant with substantial financial knowledge and expertise, joined Avtrade in 2008 as Financial Controller. He brings to the role a wide range of experience gained during a 25 year career in finance.