Press Release

Issued by Jet Aviation Hong Kong.

August 23, 2011

Jet Aviation Hong Kong recently received approval from the Hong Kong Civil Aviation Department (CAD) to perform maintenance on Global Express aircraft. With the recent approval from the Hong Kong CAD, Jet Aviation Hong Kong is now authorized to support scheduled and unscheduled maintenance on Global Express aircraft. Coupled with the company's existing Joint Maintenance Management (JMM) approval from the Civil Aviation Administration of China (CAAC) and the Civil Aviation Authority in Macau (AACM), this designation further permits the company to service Global Express aircraft registered in China.

"We are very pleased to expand our service offerings in Hong Kong," says Philippe Crevier, Jet Aviation's vice president and general manager of its Singapore, Hong Kong and Kuala Lumpur operations. "The right to support Chinese-registered Global Express aircraft significantly improves our ability to meet the needs of our growing customer base in Asia and represents another expansion in the global network capabilities of Jet Aviation."

Jet Aviation Hong Kong is the company's closest base outside of mainland China where maintenance services can be performed. It also operates an aircraft management and charter operation in Hong Kong. The company currently has 18 aircraft in its Asian management fleet.