Flying Colours delivers its first Challenger 850 to mainland China.

Wednesday 30th March 2011

Flying Colours Corp, a global aviation service company, delivered its first Chinese registered aircraft - a Bombardier Challenger 850 business jet (Serial No 8102) to BAA Jet Management Ltd based in Shenzhen on March 22nd. The aircraft left Flying Colours' Peterborough, Canada facility routing to the East and arrived into China on March 25th. The aircraft is scheduled to go into service this week as the second of the type in the region available for third party charter.

"This is our first delivered factory new 850 on the Chinese register and it was a positive experience working on the STC validation and delivery in close partnership with CAAC, Bombardier and BAA Jet Management to achieve overall certification," said Sean Gillespie, Director, Completion Sales and Management at Flying Colours.

The 15-seat VIP configured aircraft, registered B-3570, features a premium digital cabin management system, including custom touch screen cabin controls and large cabin LCD displays. The aircraft was distinctively designed and outfitted in a tasteful array of leathers and fabrics complimented by a dark mahogany stained Makore veneer.

This latest delivery follows hard on the heels of a similar Challenger 850, which was delivered via Flying Colours to Hong Kong-based private jet company Metrojet at the end of 2010.

Flying Colours has a total of five 850s that will leave its facility officially Chinese registered and certified, including a second 850 to BAA Jet Management. "China is proving to be a strong and growing market and the Challenger 850 is especially attractive to clients," said Sean Gillespie. There are only 116 business jets registered in China right now, but that figure will surpass 200 by the end of 2011. Up to 90% of our new green completions are going overseas and China is very important for us," he added.

Flying Colours specialises in all mid-large sized business aircraft including the Global Express series, Challenger, Dassault Falcon, Embraer, Hawker and Gulfstream models.

The company will be exhibiting at Europe's premier business aircraft show EBACE in Geneva during 17-19 May. Stand No 1935.

Photograph lineup:

Left to Right: Mr.John Gillespie, CEO Flying Colours, Mr. Scott Duncan, Interior Completion Manager Flying Colours, Mr. Li Yuxin from CAAC, Ms. Tao Juan from CAAC, Mr. Rowland Yang from CAAC, Mr. Qiu Dong, Deputy General Manager BAA, Mr. Wen Kedan from BAA, Mr Jiang Lei from BAA, Mr. Sean Gillespie, Director, Completion Sales & Management, Flying Colours.

About Flying Colours Corp:

Flying Colours is a global aviation service company which specialises in Green Completions, Interior Refurbishment, Maintenance, Component Services, Auxiliary Fuel Systems, Exterior Paint and Avionics Installation and Upgrades. Flying Colours' US operation JetCorp Technical Services is an FAA-licensed Class III and IV Part 145 repair station based in St Louis, Missouri. Flying Colours and its subsidiaries continue to grow their international client base as a result of their continued dedication to safety, quality and customer support.

www.flyingcolourscorp.com

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