ExecuJet Haite and Greenwich AeroGroup expand agreement to include mainland China | Press Release

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Press Release

Issued by ExecuJet Haite Aviation Services.

May 14, 2012

ExecuJet Haite and Greenwich AeroGroup expand agreement to include mainland China

Greenwich AeroGroup and ExecuJet announced today that they have expanded their relationship to include ExecuJet Haite Aviation Services in mainland China. The renewed agreement now enables ExecuJet to represent Greenwich AeroGroup parts distribution, repair and overall services at all of its locations.

Additionally, the agreement positions both companies to further the level of service offered to China-based and transient aircraft owners and operators. Company officials say access to these newly added Greenwich AeroGroup's services, as well as incentive based discounts will result in added benefits for customers.

"ExecuJet and Greenwich AeroGroup's services and locations complement each other very well." said President and Chief Executive Officer of Greenwich AeroGroup Jim Ziegler. "We are delighted to be represented by such a well-established company in international markets."

"The expansion of our relationship to include China makes sense," said ExecuJet Asia Managing Director, Graeme Duckworth. "We have had an excellent association with Greenwich AeroGroup and this will enable us to better meet the needs of the China aviation community at large."

Greenwich AeroGroup, Inc., owns and operates providers of general, commercial, government and military aviation services including: maintenance, avionics and interior refurbishments; fixed base operations; aircraft sales, charter and management; manufacturing and engineering; component repair and overhaul; parts distribution and financial services.

Current locations include: Atlantic Aero, Inc., located at Piedmont-Triad International Airport in Greensboro, N.C.; Western Aircraft, Inc., located at Gowen Field in Boise, Idaho; Summit Aviation, Inc., located at Summit Airport in Middletown, Del.; DAC International, Inc., located in Austin, Texas; Matrix Aviation, Inc., located in Wichita, Kan.; Professional Aviation Associates, Inc., located in Atlanta, Ga.; Professional Aircraft Accessories, Inc., located in Titusville, Fla.; NASAM, Inc., located in San Francisco, Calif., and GCCUS Inc. located in Aptos, Calif. Additionally, Greenwich AeroGroup owns an interest in Helivia Aero Taxi located in Rio de Janerio.