Hamilton Aerospace Technologies Announces the Addition of Next Generation 737 Aircraft to Its Repair Station
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TUCSON, AZ, Apr 17 (MARKET WIRE) --
Hamilton Aerospace Technologies, Inc. (HAT), a wholly owned subsidiary of
Global Aircraft Solutions, Inc. (OTCBB: GACF), today announced that it has
received Federal Aviation Administration (FAA) approval to add Boeing 737-600,
737-700, 737-800 and 737-900 aircraft to its repair station certificate.
Together with its existing Boeing 737 certifications, HAT is now authorized
to perform airframe heavy maintenance up through 'D' check on all series Boeing
737
aircraft.
HAT also announced that, for the sixth year in a row, it is the recipient of
the
FAA "Diamond Certificate of Excellence" for maintenance training. The Diamond
Certificate of Excellence is the FAA's highest maintenance honor, designed to
encourage aviation maintenance technicians and their employers to participate
in initial and recurrent training programs.
Finally, HAT also announced that it has completed all work and
successfullydelivered to Canadian North Airlines the 737-200 aircraft (S/N
23074) that its
parent company, Global Aircraft Solutions, sold to Canadian North.
David T. Querio, Chief Operating Officer of Hamilton Aerospace, stated,
"Notwithstanding the fact that we have won this award each of the previous five
years, the Diamond Certificate of Excellence is a very prestigious and
difficult award to achieve. It is very satisfying, and a tribute to the hard
work of all our employees, to receive reconfirmation from the Federal Aviation
Administration that, for the sixth year in a row, we are not only meeting, but
also exceeding their training standards."
Gordon Hamilton, CEO of Hamilton Aerospace, added, "I would like to
congratulate all the individual FAA award winners on our staff and the
Company as a whole for winning its sixth straight Diamond Certificate of
Excellence. I would also like to commend David Querio, our Quality Control
staff,
and everyone else that played a role in obtaining our new 737NG certifications.
The addition of the next generation 737s to our repair station rating is a very
significant economic event for our Company, as it will allow us to better
serve our existing clients and expand our customer base."
About Global Aircraft Solutions --
Global Aircraft Solutions provides parts support and maintenance, repair and
overhaul (MRO) services for large passenger jet aircraft to scheduled and
charter
airlines and aviation leasing companies. Hamilton Aerospace and World Jet, both
divisions of Global Aircraft Solutions, operate from adjacent facilities
comprising about 35 acres located at Tucson International Airport. These
facilities include hangars, workshops, warehouses, offices and other buildings.
Notable customers include Wind Rose Aviation, Jetran International, the
Mexican Presidential Fleet, SEDENA, Canadian North Airlines, CanJet Airlines,
Iraqi Airways, Ryan International Airlines and Alant Soyuz.
Global's website is located at www.globalaircraftsolutions.com. The Hamilton
Aerospace website is located at www.hamaerotech.com.
Except for the historical information presented, this press release contains
"forward-looking statements" made in reliance upon the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995 or regulations
thereunder including, but not limited to expected and estimated revenue and
earnings. Forward-looking statements are made based upon management's
expectations and belief concerning future developments and their potential
effect upon
the Company. There can be no assurance that future developments will be in
accordance with management's expectations or that the effect of future
developments on the Company will be those anticipated by management.
The words "believes," "expects," "intends," "plans," "anticipates," "hopes,"
"likely,"
"will," and similar expressions identify such forward-looking statements. Such
forward-looking statements involve known and unknown risks, uncertainties and
other important factors that could cause the actual results, performance or
achievements of the Company or its subsidiaries or industry results, to
differ materially from future results, performance or achievements expressed or
implied by such forward-looking statements. These risks include the economic
health of
the airline industry, demand for Global Aircraft Solutions' services, and
competitivepricing pressures.
In addition, other risks are detailed in Global's Form 10-KSB for the year
ended December 31, 2007, Global's Form 10-Q for the quarter ended March
31,2007, Global's 10-Q for the quarter ended June 30, 2007 and Global's Form
10-Q
for the quarter ended September 30, 2007. These statements speak only as of
above date, and Global disclaims any intent or obligation to update them.
Contact:
Global Aircraft Solutions, Inc.
Ian Herman
(520) 275-6059
Email Contact
Or
Alliance Advisors, LLC
Alan Sheinwald
914-669-0222
Email Contact
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