Jet Aviation Manages 27 Aircraft in Asia; Adds Second Gulfstream G650 to its Fleet

ZURICH / February 11, 2014 – Jet Aviation is adding a second Gulfstream G650 to its managed fleet in Asia and now operates a total of 27 aircraft in the region. Delivery of the G650 is expected by the end of April 2014.

Jet Aviation has recently signed an aircraft management agreement for its second Gulfstream G650 in Asia, increasing the company’s fleet in the region to 27 aircraft — up from just three aircraft in 2009. To support its rapidly expanding fleet, Jet Aviation has also added new staff to its operations and Continuing Airworthiness Management Organization (CAMO) teams in Hong Kong, which currently employs approximately 100 aviation professionals, including crew members.

The new G650 will be based in Hong Kong and is due to be delivered by the end of April 2014. The aircraft will be maintained by Jet Aviation’s Hong Kong maintenance facility, which is a Gulfstream Factory Authorized Warranty Service Center for G450/G550/G650 aircraft.

“Five years ago we had a fleet of three aircraft; today we manage 27,” says Iris Riesen, managing director
of Jet Aviation’s aircraft management and charter division in Hong Kong. “We are fully committed to
providing the highest quality service and this fleet expansion demonstrates our dedication and ability to
meet the expectations of our discerning clients.”

Available services at Jet Aviation's 24/7 aircraft management and charter operation in Hong Kong include
the full range of aircraft management and flight support services, as well as charter services.

Jet Aviation has been operating in Asia since opening its maintenance and FBO facility in Singapore in
1995. In 2001, Jet Aviation established an office in Hong Kong to provide aircraft management and charter
services, now managing a fleet of 27 aircraft. In 2008, it established Jet Aviation Hong Kong to provide
scheduled and unscheduled line maintenance, inspections and defect rectifications as well as AOG
support. To support the region’s growing demand for business aviation services, a new 7,500 sq m hangar
facility is currently under construction in Seletar Aerospace Park, set to be operational in April 2014.

Jet Aviation, a wholly owned subsidiary of General Dynamics (NYSE: GD), was founded in Switzerland in
1967 and is one of the leading business aviation services companies in the world. More than 4,500
employees cater to client needs from 21 airport facilities throughout Europe, the Middle East, Asia and
North and South America. The company provides maintenance, completions and refurbishment,
engineering, FBO and fuel services, along with aircraft management, charter services, aircraft sales and
personnel services. Jet Aviation's European and U.S. aircraft management and charter divisions jointly
operate a fleet of more than 250 aircraft. Please visit www.jetaviation.com and follow us on twitter:
http://twitter.com/jetaviation.

More information about General Dynamics is available online at www.generaldynamics.com.

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