Jet Aviation Singapore Hangar Set to be Operational in April 2014

Singapore / February 11, 2014 – Jet Aviation Singapore expects to start serving customers at its new hangar facilities in Seletar Aerospace Park in April 2014. With the new addition, the hangar space is tripled to a total of 7500 sq m, further adding 4,060 sq m of shops and offices and nearly 9,400 sq m to its apron.

The new 24m-high hangar has direct access to the tarmac and will better accommodate aircraft such as the Boeing Business Jet (BBJ) and Airbus Corporate Jet (ACJ) and permit up to five Gulfstream G650 or five Bombardier Global Express 7000 aircraft.

Construction of the new hangar, which is being managed by Aircraft Support Industries (ASI) under a design/build contract, began in May 2013. ASI recently stressed the arch of the roof, establishing a solid load-bearing roof to which the remaining building structure can be affixed and clad. The new 7,500 sq m facility will incorporate Jet Aviation Singapore’s current maintenance and FBO operation at Seletar Aerospace Park is set to be operational in early April 2014.

“Given growing regional demand and a strong market preference for larger, long-range business jets, our expanded facility will enable us to better serve the needs of our business aviation customers," says Gary Dolski, vice president and general manager of Jet Aviation Singapore. “Throughout this project we’ve been cooperating with Singapore’s Economic Development Board (EDB) and JTC Corporation (JTC), the national developer of industrial infrastructure, and we look forward to their continued support as we go
operational.”

The JTC’s Director of Aerospace, Marine & CleanTech Cluster, Mr. Leow Thiam Seng, notes, “An investment of this magnitude is sure to promote MRO and business aviation in the region and ultimately strengthen the aerospace cluster at Seletar Aerospace Park.”

Mr. Lim Kok Kiang, Assistant Managing Director, Singapore Economic Development Board, adds, “We are delighted that Jet Aviation is expanding its presence in Seletar Aerospace Park. This expansion marks the continuation of a successful and long-term partnership between Jet Aviation and Singapore. We appreciate Jet Aviation’s commitment to Singapore, and look forward to the opening of their new hangar.”

Jet Aviation Singapore provides scheduled and unscheduled maintenance, aircraft repair, defect troubleshooting and rectifications and aircraft modifications. In addition, the company offers interior refurbishment, avionics modification and exterior painting services. Jet Aviation Singapore holds repair station approvals from various countries, including FAA #J8MY465N and EASA #145.0461. It is a Factory Authorized Service Center and Warranty Repair Facility for the Gulfstream series; an Authorized Service
Center for the Bombardier Learjet, Challenger and Global aircraft models, as well as the Nextant 400XT aircraft. The company is also a Boeing BBJ line maintenance station. Located at Seletar Airport, the company also offers FBO services in Singapore at Seletar and Changi International airports.

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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