Press Release

Issued by SAC Swiss Aviation Consultants.

May 4, 2012

Swiss Aviation Consulting has announced that Mr. Munir Al-Dzhidi has joined the group last month. He will act out of Abu Dhabi as Manager Middle East Operations of the group's UAE based company SWICAMO Middle East Aviation Services L.L.C.

Munir Al-Dzhidi has a mixed educational background with a Masters in International Business Management and a Bachelor in Aircraft Engineering, both from Kingston University in London. Initially Munir worked in a sales role for one of the local companies in the UAE that deals with aviation spare-parts and consumables. Then he joined Emirates Airline and worked there in the Maintenance Planning and Production Planning departments. Within these departments he has developed a proven ability to manage and complete projects to the highest standards, with thorough attention to detail and within the agreed deadlines.

"Munir Al-Dzhidi brings considerable technical and industry knowledge to this position and has a deep understanding of our customers' needs," says Daniel Lütolf, Chairman of Swiss AeroHoldings Ltd. "He is ideally suited to lead the team while ensuring high-quality service continuity."

"Swiss Aviation Consulting has been very active in the Middle East since 2005 and Munir will play a key role in establishing and growing our partnerships in the Middle East," continues Daniel. "Our bespoke services in continuing airworthiness management (CAMO+), aircraft brokerage, strategic and operational advisory (IS-BAO), aircraft asset management and risk management are following the same successful business model as in Europe."

SWICAMO Middle East Aviation Services L.L.C. will cover the Middle East, Northern Africa and the Indian subcontinent out of Abu Dhabi.