Press Release

Issued by Asian Sky Group.

March 27, 2012

The official launch of Asian Sky Group, a pan-Asia Pacific business aviation consulting firm, backed by SEACOR Capital (Asia) Ltd. and Avion Pacific Ltd., will take place at the 2012 Asian Business Aviation Conference and Exhibition (ABACE), from 27-29 March.

Asian Sky Group will also be sponsoring the Media Centre throughout ABACE, which will be held at the Shanghai Hawker Pacific Business Aviation Centre in Shanghai, China.

Based in Hong Kong, and with an expert team located throughout the region, Asian Sky Group is a strategic venture designed to leverage the considerable investments, business development initiatives and networks of SEACOR Capital and Avion Pacific. The company will offer an extensive range of business aviation solutions tailored to the fast-growing private aviation markets of Greater China and the Asia-Pacific region.

Asian Sky Group focuses on fixed and rotary aircraft and related aviation services. These include new or pre-owned aircraft sales and acquisitions; aircraft management and flight planning services; aircraft completions and refurbishments; maintenance repair and overhaul; FBO usage; financial solutions; flight crew and maintenance training; and supplemental lift and charter.

"Rapidly diversifying demand for business aviation services throughout China and across the Asia-Pacific region makes this an exciting time to be launching Asian Sky Group at ABACE 2012 in Shanghai," says Jeffrey Lowe, General Manager of Asian Sky Group. "We are also proud to be sponsoring the Media Centre at ABACE this year, as it marks the much-anticipated return of the most successful trade show in Asia dedicated solely to business aviation."

For first-time private aircraft acquisitions or buyers seeking to add to an existing fleet, Asian Sky Group will provide expert operational and management guidance, plus assistance in choosing the best base for the aircraft and the best country of registration, while keeping in mind the transaction structure and financing needs if any. Production management and outfitting services are also offered. For sellers, Asian Sky Group will help ensure you get the best value for your aircraft.

Asian Sky Group boasts a highly qualified management team, which averages more than 20 years each of experience in the aviation sector. Asian Sky Group is led by Jay Shaw, Managing Director, who is also a Managing Director of SEACOR Capital. The management team also includes Jeffrey Lowe, general manager; Wu Zhendong and Max Buirski, co-founders and directors; and David Peng, regional sales director.