Press Release

Issued by SAC Swiss Aviation Consultants.

May 16, 2011

This month SAC Swiss Aviation Consultants LLC "SWIC" have appointed Clarissa Cunz as Head of Asset Management. She will be responsible for the overall portfolio of aircraft under SWIC's management and ensuring the overall quality of the services provided to the customer.

"Clarissa has played a key role in our success and we are very excited to promote her to this important position," said Dr. Daniel Lütolf, Managing Director of SWIC.

Ms. Cunz has joined the company at the beginning of 2009 as Project Manager and quickly took on additional responsibilities as she helped grow the company.

Ms. Cunz holds a dual degree in Aviation Management and Business Administration from Florida Institute of Technology, as well as a General Management certificate from St. Gallen Management Institute.