PremiAir shelving fixed wing operations

At the recent London
Oxford Airport
pre-EBACE briefing, a PremiAir spokesman said that the company was withdrawing
from fixed wing operations and concentrating on operating helicopters. The
company has seen a number of changes and is now consolidating by shelving the
fixed wing operations.

PremiAir is still a Hawker Beechcraft authorised service centre and will
remain so, they still will service the full range of both Beech turboprop
aircraft and Hawker business jets.

The company have leased out the hangar at Biggin Hill and are in the
process of selling the first Bombardier Learjet 45 that was based at the
airport.

The second Learjet 45 will be moved from Biggin Hill to London Oxford
Airport and should be on
station by the end of May 2012. This aircraft is also likely to be sold in the
next few months.

The company is now concentrating on rotary wing operations and will be
taking into the fleet a new AgustaWestland GrandNew helicopter in the next few
days. PremiAir have also ordered a new Sikorsky S76D scheduled for delivery in
2013.

PremiAir Global, the company’s aircraft selling division has done well
in the last year, having sold 12 aircraft.