Press Release

Issued by Jet Aviation Basel.

November 8, 2011

Jet Aviation has appointed Ruedi Kraft as vice president of market development and completions sales at Jet Aviation Basel effective December 1, 2011. In his new role, Kraft will oversee sales for the completions business in the EMEA & Asia region.

Ruedi Kraft joins Jet Aviation Basel from Gulfstream Aerospace Corporation, where he served as regional vice president for the Middle East & North Africa since 2002, responsible for new and pre-owned large-cabin and long-range aircraft. He has been a board member of the Middle East Business Aviation Association (MEBAA) since its inception 2006. In his new role, Kraft reports directly to Stephan Krenz, senior vice president & general manager of Jet Aviation Basel.

With over 30 years' business aviation experience, Ruedi is no stranger to Jet Aviation. He joined Jet Aviation Zurich as general manager in 1989, where he remained until his appointment in 1995 to vice president and general manager of the company's then-new facility in Singapore. Ruedi was instrumental in developing and transforming the Singapore branch to a regional market leader in maintenance and FBO services before returning to Switzerland in 2001 as vice president of sales at Jet Aviation Basel. He is an apprenticed electrician, a licensed avionics engineer and has completed further studies in general management at the Institute of Economics with the University of St. Gallen, Switzerland.

"We are delighted to welcome Ruedi back to Jet Aviation," said Krenz. "He has a proven track record in the industry and is exceptionally customer-focused. Coupled with his aviation knowledge and strong business acumen, we have no doubt that Ruedi is a valuable addition to our global network."