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October 2, 2008updated Feb 11, 2013

Midcoast Aviation Opens Narrow-Body Hangar in St. Louis

By Pardhasaradhi Gonuguntla

St. Louis, Missouri– Midcoast Aviation’s new 146,000 sq ft narrow-
body hangar — its largest ever — is now open for business. The hangar was completed within
14 months with a total investment of $18.5 million. As part of this expansion, the company
will add at least 200 new employees within the first two years of operation.

To accommodate the growing narrow-body business aircraft market and Midcoast’s robust
completions schedule, the company broke ground in July 2007 to construct its new, $18.5
million state-of-the-art hangar. The structure, which features two 48,000 sq ft bays, is connected
by a 36,000 sq ft, three-story center core and also offers 14,000 sq ft of support shop space. The
new addition brings the company’s hangar space at St. Louis Downtown Airport near St. Louis,
MO, to nearly 650,000 sq ft.

“The new building will serve as our green completions delivery center and allows Midcoast to
centralize completions activities in two hangars,” says Kurt Sutterer, Midcoast president. “I am
also happy that with the new infrastructure we can continue to provide for our region excellent
career opportunities at Midcoast Aviation.”

The state of Illinois provided a $4 million investment package from its “Opportunity Returns”
initiative. This program is part of Governor Rod Blagojevich’s comprehensive economic
development strategy to continue creating new jobs and spur growth in Southwest Illinois. “I also
wanted to thank the state of Illinois and Governor Blagojevich for supporting us in the company’s
largest construction project in its history,” said Sutterer.

From its total of nine hangars, Midcoast has dedicated five of them to supporting the growing
maintenance business while two hangars are fully equipped for aircraft painting. Currently,
Midcoast is in the planning process of building another state-of-the-art paint facility designed to
accommodate larger aircraft.

Midcoast Aviation, an affiliate of the Jet Aviation Group of Companies, is a full-service AS9100-
certified aircraft maintenance, modifications and completions provider. The company employs
more than 2,000 people at the St. Louis Downtown Airport location and its satellites in
Boston/Bedford, MA; Chicago, IL; St. Louis, MO; Palm Beach, FL, and Teterboro, NJ, including
the recently acquired MRO and completions facility Savannah Air Center. Midcoast Aviation is a
Dassault Falcon, Bombardier, Hawker Beechcraft and Embraer authorized service center and
also a Gulfstream center of expertise. For more information, visit

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