Greenwich AeroGroup Invests $2.5M in its Summit Aviation Facilities

Middletown DE, October 20th, 2009 - Greenwich AeroGroup announced today that it is investing $2.5M in its Summit Aviation facilities located in Middletown, Delaware. The investment is to facilitate a complete modernization of the aircraft maintenance campus and the addition of some 30,000 square feet of new space.

The project is already under way and is scheduled to be completed in April 2010. “Our people are so excited” commented Ed Scully, VP of Summit Aviation. “The project touches all areas of the campus so everyone will get to enjoy more space, a fresh new look and an improved work environment. This is an incredible shot in the arm for us and we can’t wait to share our new world with customers” he added.

Summit Aviation’s facilities will cover some 175,000 square feet once the additional space has been completed. “We are delighted with the opportunity to support this project at Summit Aviation” commented Jim Ziegler, CEO of Greenwich AeroGroup. “This initiative combined with the capabilities of the Greenwich AeroGroup companies well positions the people of Summit Aviation to continue pursuing key markets and further the service excellence they have offered their customers throughout their history,” he added.

Greenwich AeroGroup located in Greenwich CT, owns and operates full service providers of general aviation services including: maintenance, avionics: interior refurbishment: fixed base operations: aircraft sales, charter and management manufacturing and engineering: component repair and overhaul: and parts distribution. Current locations include Summit Aviation Inc., located at Summit Airport in Middletown, DE; Atlantic Aero, Inc., located at Piedmont-Triad International Airport in Greensboro, NC; Western Aircraft, Inc., located at Gowen Field in Boise, ID; DAC International located in Austin, TX; Matrix Aviation located in Wichita, KS; Professional Aviation Associates located in Atlanta, GA; and Professional Aircraft Associates located in Titusville, FL.

Summit Aviation, located in Middletown Delaware offers aircraft maintenance and modification services on Bell, Eurocopter, Sikorsky, Boeing and MD Helicopters as well as on Pilatus, Cessna Caravan, Beechcraft, King Airs, Beechjets and other light jet model aircraft. The company also operates a privately owned airport (KEVY) located on 600 acres and is an FAA certificated repair station, ISO 9100 certified and a DIS approved facility.