Peter G. Edwards, president of Jet Aviation group, announces departure from Jet Aviation | Press Release

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Press Release

Issued by Jet Aviation.

June 20, 2011

Peter G. Edwards, president of Jet Aviation group, announces departure from Jet Aviation

Jet Aviation today announced that Peter G. Edwards, president of the Jet Aviation group, will leave the company this summer. Edwards will maintain a full schedule through July 4 and will then support a transition to new leadership, with a planned final departure of August 31, 2011. During this period, Joe Lombardo, executive vice president of General Dynamics Aerospace Group, will assume the role of president ad interim.

"I want to express my sincere thanks to Peter Edwards for leading the Jet Aviation group over the past four years. Since the acquisition by General Dynamics in late 2008, Peter diligently maintained Jet Aviation's position as the leading independent service provider in the market to all OEM's," said Lombardo. "I wish him the very best in his future endeavors."

"As we transition to new leadership, Jet Aviation remains committed to its strong customer focus in all lines of business, and to providing premier business aviation services to its discriminating global clientele and the entire OEM community. The company is positioned to expand its aviation services in key markets around the world, and we look forward to continuing to provide the highest levels of service to our customers," said Lombardo.

Peter Edwards joined Jet Aviation as CEO in May 2007, with an initial mandate to modernize and expand the company's business aviation services. He oversaw the successful sale and transition to General Dynamics in November 2008. Under his leadership, Jet Aviation expanded its activities in the Middle East, and established new operations in Russia, Brazil and Asia.

"It has been an immense privilege to work for Jet Aviation for 4 great years and lead this global team of talented and committed people," said Edwards. "This was the most exciting and challenging time in my professional career, while managing the company through significant cultural evolutions resulting from ownership changes in 2005 and 2008. It was also a pleasure to work with General Dynamic's executive team."