Press Release

Issued by Jet Aviation Australia.

February 15, 2014

Hawker Pacific, the leading aircraft sales and product support company in Asia, the Pacific and the Middle East, has signed a Memorandum of Understanding (MOU) with Bell Helicopter with the intent to enter into future purchase agreements for various Bell helicopter models based on anticipated market growth. The deal reflects the overwhelming response to Bell Helicopter products by the market, and puts Hawker Pacific in a much stronger position to meet that demand.

The multi-aircraft, multi-year agreement was signed by Hawker Pacific ceo, Alan Smith and Bell Helicopter president and ceo, John Garrison at Bell Helicopter's Chalet at the 2014 Singapore Airshow at Changi International Airport.

Tony Jones, Hawker Pacific's chief operating officer – Asia said: "We continue to see growing support and serious enquiries from the market for Bell helicopters across our region. Based on this feedback, we have put the wheels in motion with this MOU and are planning for numerous aircraft putting us in an even stronger position to meet our customers' needs in a timely manner."

"Today's signing has proved once again that good aircraft will always be in demand, and this is something we see over and over again with Bell Helicopter: a trusted manufacturer who continues to release ever more exciting products and upgrades into the market, backed by their legendary world-class customer support."

Hawker Pacific is the appointed Independent Representative for Bell Helicopter products throughout Australia, New Zealand, the Pacific and the Middle East. Hawker Pacific is a proud exhibitor at Singapore Airshow 2014, Changi Airport, 11-16 February 2014, and is located at Chalet CD31 and 32.