Press Release

Issued by ExecuJet Haite Aviation Services.

February 13, 2012

ExecuJet Haite Aviation Services China, a leading global business aviation organization, is now the authorized avionics dealer for Honeywell International in mainland China.

The agreement will promote, sell and support the full range of Honeywell's avionics products, warranties and protection plans for Chinese business jets and build on the strong relationship that has existed between Honeywell and ExecuJet Aviation for more than two decades.

As the Chinese business jet market expands, this partnership gives customers more local and readily available technical support and parts for Honeywell avionics, thereby reducing operator costs and aircraft downtime.

ExecuJet Haite Aviation Services China is located at the Binhai International Airport in Tianjin and provides a range of aviation services including aircraft maintenance, technical support and AOG services in Tianjin and Beijing.