Press Release

Issued by Asian Sky Group.

October 20, 2014

Asian Sky Group is pleased to announce that Jeffery Lowe, previously ASG's general manager, has been appointed managing director. As managing director, Mr. Lowe will be responsible for the operations and performance of the company, and execute the overall strategies agreed on by the board of directors.

Jay Shaw, previously managing director of ASG, will remain chairman of the board. Mr. Shaw will continue to develop strategic relationships and new business opportunities for the company, as he has always done throughout his career.

“The board greatly values Jeff's skill set, creativity, commitment, and work ethic. He's been active in business aviation in Asia for over 17 years now and has a wealth of knowledge and experience that is unique in our industry. I have personally worked with Jeff for over eight years, first building BAA Jet Management Ltd. and now Asian Sky Group. ASG will benefit from his involvement at a more senior level, and I look forward to continuing the development of the ASG brand with him”, says Jay Shaw, chairman, ASG.