Press Release

Issued by International Aircraft Operators S.A..

July 28, 2014

Gulfstream Aerospace Corp. recently expanded its sales and marketing efforts in central America with the naming of International Aircraft Operators (IAO) as a company-authorized independent sales representative.

The Panama city based company is responsible for supporting new aircraft sales transactions in Panama. The team of Jeff Daniels and Rafael Alonso, under the direction of IAO's Alberto “Tito” Motta III, works closely with Gulfstream's Russell Laughead, regional vice president, international sales, Latin America, and Fabio Rebello, regional senior vice president, international sales, Latin America and Florida.

“IAO's managed fleet includes a Gulfstream G450, and its Gulfstream team members have been involved with our customer advisory board,” said Scott Neal, senior vice president, worldwide sales and marketing, Gulfstream. “The IAO team has extensive Gulfstream product knowledge and can speak to our aircraft's value as a business tool. It will become a beneficial resource for companies and individuals in Panama.”