FCC delivers Challenger 850 to Lily Jet of China

Flying Colours Corp, a global aviation service company, delivered its fourth Chinese registered aircraft - a Bombardier Challenger 850 business jet, Serial No. 8098 - to Shenyang based air charter company Lily Jet last month. The aircraft left Flying Colours’ Peterborough, Canada facility and arrived at the Lily Jet base on November 29th. The aircraft is scheduled to go into service immediately and will be available for third party charter.

“The Lily Jet aircraft is extremely well equipped and the interior was tastefully decorated,” said Sean Gillespie, Director, Completion Sales and Management at Flying Colours. The completion included a state-of-the-art cabin management system, broadband enabling WiFi, a high definition camera system, a mid cabin custom desk, and coloured LED lighting in the restrooms.” Flying Colours worked directly with Lily Jet to have the aircraft fully certified with the CAAC (Civil Aviation Administration of China) A further three 850s destined for China are currently undergoing completion at the Peterborough and Chesterfield, Missouri facilities. These are anticipated to be ready for delivery in 2012.

The 17-seat VIP configured aircraft, was completed at the Flying Colours Chesterfield, USA based facility on schedule. “Our implementation of LEAN technology management systems has increased our efficiency and ensures clients receive their aircraft on time and to budget. This is essential in the current economic climate as business’ are reliant on their aircraft to raise income,” commented Gillespie.

This latest delivery follows the refurbishment of a similar two Bombardier Challenger 850 business jet, which were delivered via Flying Colours to BAA Jet Management Ltd’s Shenzhen base earlier this year. Flying Colours recently announced plans to open a base of operation in the China that will focus on interior refurbishment for a range of mid to large sized business aircraft types including the Global Express series, Challenger types, Dassault Falcon, Embraer, Hawker and Gulfstream models. The structure and logistics including the proposed joint venture partner are expected to be announced in 2012.

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

Flying Colours furthers Asian ambitions through first international alliance Memo of Understanding will be signed with Hong Kong-based Metrojet.

Flying Colours Corp., a global aviation service company which specialises in interior completions and refurbishments on business aircraft is to enter into its first international partnership by signing a Memo of Understanding with Hong Kong-based business aviation services provider Metrojet. The agreement will see Flying Colours Corp. strengthening its service offering to support its growing Asian customer base and enhance its overall position in the international completion & refurbishment business. The MOU will be signed at NBAA in Las Vegas during 10 – 12 October (Stand No N5500).

Under the new partnership, Flying Colours Corp. plans to open a base of operation in the region that will focus on interior refurbishment for a range of mid to large sized business aircraft types including the Global Express series, Challenger types, Dassault Falcon, Embraer, Hawker and Gulfstream models.

The structure and logistics of the partnership is still being finalized between the two companies and ratification is expected in mid 2012.

Metrojet is a leading business aviation service provider in Asia and Hong Kong’s only fully licensed business jet operator, providing the complete range of business aviation services, including: aircraft charter, comprehensive aircraft management, full aircraft maintenance capabilities, aircraft co-ownership programs and aircraft acquisition and sales. Metrojet operates the leading corporate aircraft maintenance service centre in Asia providing heavy/scheduled inspections, repair services and regional AOG support for all business aircraft around the clock.

“This is the first time that Flying Colours Corp has partnered with an international company so we are excited by the opportunity it offers. This partnership not only indicates Flying Colours Corp.’s strong business growth in the region, but also demonstrates our commitment to continuously improve support and services for all of our customers. Metrojet is a leading aviation services provider in Asia and this partnership will enhance our brand and our position in aircraft refurbishments and completions in the region,” said John Gillespie Chief Executive Officer of Flying Colours Corp.

“Metrojet is proud to embark on this venture and partner with Flying Colours Corp. with whom we already have a very strong relationship. It will enable us to better serve the Asian Market and to further enhance our service offering and product portfolio to our growing customer list. We look forward to a long term partnership with Flying Colours Corp.” said Bjorn Naff, MD of Metrojet.

About Metro Jet
Metrojet Limited was established in 1995 and is part of the Kadoorie Group, sister company of The Peninsula Hotels. Metrojet pioneered business aviation services in Hong Kong and is a leading operator and maintenance provider of business jets in the region. The company was awarded an Air Operator’s Certificate (FAA Part 121 equivalent) in June 1997. Metrojet is Hong Kong’s only fully licensed business jet operator, providing the complete range of business aviation services, including: aircraft charter, comprehensive aircraft management, aircraft maintenance service, aircraft co-ownership programs and aircraft acquisition and sales. Visit www.metrojet.com for more information.

JetCorp Technical Services Inc., a Flying Colours Company is pleased to announce that it recently completed a Supplemental Type Certificate (STC) for the Aircell® Cabin Telecommunications Router (CTR) on a Challenger 300. Installation and certification of the Aircell CTR provides in-cabin Wi-Fi capability for Gogo Biz™ Inflight Internet service.

Aircell’s Gogo Biz service allows passengers to use their BlackBerry, iPhone and other Wi-Fi enabled devices to surf the Internet, retrieve and answer email with attachments, and access their corporate VPN. While in flight, passengers will enjoy connectivity speeds equivalent to ground-based hotspots.

Based in St. Louis, MO, at Spirit of St. Louis Airport (KSUS), JetCorp boasts full maintenance, avionics and interior capabilities and has seen a tremendous increase in requests for high-speed Wi-Fi connectivity from clients. Since late 2010, the highly trained avionics installation team at JetCorp has completed over 35 Wi-Fi installations in multiple aircraft types including the Challenger 604, Challenger 605, Challenger 300 and Learjet 60. Through careful planning and proper staging, JetCorp has slashed the downtime required for the Wi-Fi installation on the Challenger 300 to only 4 calendar days. This downtime requirement is based upon utilizing standard installation parameters for both equipment and locations.

For additional information or to request installation and pricing information, please contact Kevin Kliethermes (kkliethermes@jetcorp.com) or Stan Allmon (sallmon@jetcorp.com).

Geneva, Switzerland - Flying Colours Corp., a global aviation service company based in Canada and LIST components and furniture GmbH of Austria are celebrating a newly-ratified partnership agreement at EBACE, Europe’s premier business aviation show.

LIST has appointed Flying Colours as its preferred completion center in North America to carry out installations of its unique stone flooring products. This formal endorsement follows hard on the heels of its recent installation of a stone floor aboard a Bombardier Global 5000 Business Jet. Flying Colours has secured a new commission from a Canadian client for a stone floor aboard a Challenger 601 that they are currently completing. Flying Colours is also in dialogue with other North American clients for stone flooring in their aircraft.

Under the new partnership, Flying Colours will offer the stone flooring, countertops and other products offered from LIST components & furniture for all aircraft types. This includes their Green Bombardier completions, where Flying Colours is fast gaining a strong reputation, working in close collaboration with Bombardier. The agreement also extends to various refurbishment projects on all aircraft models.

“We are very pleased to be selected by LIST components and furniture as the company’s preferred completion centre in North America,” said Eric Gillespie, Director Completion Sales & Management, Flying Colours. This status will enable us to expand our customer base through the offer of the most cutting edge aviation products available.”

“The first project between Flying Colours and LIST components and furniture was carried out with utmost professionalism and dedication to quality and service. This demonstrated to us that a long term collaboration between both companies would make excellent sense. Together, we will work to provide innovative solutions for the Green Bombardier completions and refurbishment projects on all aircraft types,” stated Helmut Wiesenberger, Director Business Development at LIST. Visit Flying Colours at EBACE during 17-19 May - Stand No 1935. LIST components and furniture GmbH - Stand No 165

About Flying Colours Corp.
Flying Colours, headquartered in Canada is a global aviation service company with concentrations in Green Completions, Interior Refurbishment, Maintenance, Component Services, Auxiliary Fuel Systems, Exterior Paint, and Avionics installation & Upgrade. FCC’s U.S. operation, JetCorp Technical Services is an FAA Class III and IV part 145 repair station based in St. Louis, MO. Flying Colours and its subsidiaries have established a worldwide customer base as a result of its commitment to safety, quality, and elite customer support. More information is available at www.flyingcolourscorp.com

About LIST components & furniture GmbH
As an innovative Austrian company, LIST components & furniture GmbH specializes in the design and engineering as well as qualification and production of high end cabin and furniture components for business aircraft, yachts, cruise ships and building constructions. LIST’s range of services starts with the development, construction and production of custom products. Based on client request, LIST works with a variety of classical and forward-looking raw materials and substance working with the most select woods, precious metals, thin real stone veneers, featherline bonded fabrics and many more. Under the concept of ‘high-tech manufacturing,” LIST components & furniture combines he perfect craftsmanship of a carpenter with innovative, high precision manufacturing procedures and clear process flows throughout the entire processing chain.

Flying Colours brings its expertise to Asia – five newly completed Challenger 850s headed East

Hong Kong, March 25, 2011

Flying Colours Corp, a global aviation service company, is visiting Asian Aerospace at WorldExpo-Asia in Hong Kong this week, hard on the heels of a successful delivery of a Challenger 850 to the Asian region. The North American based company is getting ready to deliver its second Bombardier Challenger 850 into the region by the end of March. This luxuriously equipped aircraft, acquired by a private Chinese individual, will be delivered to mainland China.

Its first completed 14-seat executive configured Challenger 850, delivered green to Flying Colours in May 2010 was handed over to the customer at the end of this past year. (See photo attached) It is being managed and operated by Hong Kong based private jet company Metrojet. The aircraft features a premium digital cabin management system, including custom touch screen cabin controls and large cabin LCD displays. Flying Colours also installed a True North Global broadband system, enabling clients to enjoy high-speed connectivity inflight.

“We are very eager to increase our activity in Asia,” said Eric Gillespie, Director, Flying Colours. “The market for VIP completions and conversions has shifted and we are seeing an active growth in the area. Today, up to 75% of our new green completions are going overseas and China is leading the way. It is our first time as visitors at the Asian Aerospace event and we are looking forward to visiting with the many established companies represented at the show.”

Hand in hand with its growing international client base, Flying Colours has appointed specialist boutique aviation PR Company Emerald Media to help raise its profile. Based in the UK, Emerald has offices in Germany, Spain and the USA and through its LeadingEdge Communications arm, is represented in Asia and Australia.

About JetCorp

JetCorp, headquartered in St. Louis, MO, is an FAA Class III and IV Part 145 Repair Station, For more than 25 years, the company built a reputation for high quality and exceptional customer service for a wide range of work scopes including heavy maintenance, routine inspections, structural repairs and overhaul, component services, avionics, engine line services, interiors refurbishment, design and executive conversions as well as pre-purchase evaluations. More information is available at www.jetcorp.com

About Flying Colours Corp.

Flying Colours, headquartered in Canada is a leading aviation services company with concentrations in Green Completions, Interior Refurbishment, Maintenance, Component Services, Auxiliary Fuel Systems, Exterior Paint, and Avionics installation & Upgrade. FCC’s U.S. operation, JetCorp Technical Services is an FAA Class III and IV part 145 repair station based in St. Louis, MO. Flying Colours and its subsidiaries have established a worldwide customer base as a result of its commitment to safety, quality, and elite customer support. More information is available at www.flyingcolourscorp.com

Peterborough, Ontario, Canada, January 27, 2011

Flying Colours Corp., a global aviation services company with concentration in completions and maintenance recently delivered their first Bombardier Challenger 850 to China for a Hong Kong based client. The new aircraft arrived at Flying Colours Canadian based facility in the late 2nd quarter of 2010 and was delivered to the customer prior to year end. The aircraft will be operated and managed by Hong Kong based, Metrojet.

The 14 seat executive aircraft was elegantly designed and finished throughout, highlighted by the installation of a dual vacuum waste system based on the Global Express design and function. The cabin also consisted of a premium digital cabin management system including custom touch screen cabin controls and large cabin LCD displays. Flying Colours also installed a True North Global Broadband system allowing the customer to have true high-speed wifi capability while in flight.

This is the first of five new Challenger 850 aircraft Flying Colours is completing for Chinese based customers. "The Challenger 850 aircraft is an ideal aircraft for the China business jet market and we are looking forward to long term growth in this region." stated John Gillespie, President, Flying Colours Corp.

About JetCorp

JetCorp, headquartered in St. Louis, MO, is an FAA Class III and IV Part 145 Repair Station, For more than 25 years, the company built a reputation for high quality and exceptional customer service for a wide range of work scopes including heavy maintenance, routine inspections, structural repairs and overhaul, component services, avionics, engine line services, interiors refurbishment, design and executive conversions as well as pre-purchase evaluations. More information is available at www.jetcorp.com

About Flying Colours Corp.

Flying Colours, headquartered in Canada is a leading aviation services company with concentrations in Green Completions, Interior Refurbishment, Maintenance, Component Services, Auxiliary Fuel Systems, Exterior Paint, and Avionics installation & Upgrade. FCC’s U.S. operation, JetCorp Technical Services is an FAA Class III and IV part 145 repair station based in St. Louis, MO. Flying Colours and its subsidiaries have established a worldwide customer base as a result of its commitment to safety, quality, and elite customer support. More information is available at www.flyingcolourscorp.com

Dubai, UAE, December 7, 2010

Dubai, UAE, – Flying Colours Corp., a global aviation service company with concentration in completions and maintenance are aiming at international expansion in order to support their growing list of worldwide clients.

Firmly established within the North American market, Flying Colours is currently scouting, evaluating, and has had preliminary discussions with a number of reputable companies about establishing a joint venture outside of North America. “ We have seen a very active growth in our international client base from our green Bombardier Challenger completion program which has also led to numerous other maintenance and refurbishment opportunities from clients outside of North America”, stated John Gillespie President & CEO, Flying Colours Corp. “90% of our new green completions are going overseas and we are committed to supporting them.” stated Gillespie.

Although not a mandatory requirement they are leaning toward partnering with a well-known company that has an established client base and is educated about the specific geographic culture, infrastructure, and workforce. “We take great pride in aligning ourselves with vendors and investment partners that are knowledgeable, honest, and innovative,” stated Gillespie.

Flying Colours expansion plan started with the acquisition of JetCorp Technical Services in early 2009. The acquisition gave Flying Colours the US presence they have coveted for sometime as well as additional maintenance and completion capacity. Today, JetCorp operate as a Flying Colours Company and has recently moved into new offices at the Spirit of St.Louis Airport in St.Louis, MO.

Flying Colours is currently in discussions with their clients and Bombardier on expanding their relationships beyond the Challenger 850 product line which has led to expansion plans at their head office in Canada and further supports their requirement for an international base of operation.

About JetCorp

JetCorp, headquartered in St. Louis, MO, is an FAA Class III and IV Part 145 Repair Station, For more than 25 years, the company built a reputation for high quality and exceptional customer service for a wide range of work scopes including heavy maintenance, routine inspections, structural repairs and overhaul, component services, avionics, engine line services, interiors refurbishment, design and executive conversions as well as pre-purchase evaluations. More information is available at www.jetcorp.com

About Flying Colours Corp.

Flying Colours, headquartered in Canada is a leading aviation services company with concentrations in Green Completions, Interior Refurbishment, Maintenance, Component Services, Auxiliary Fuel Systems, Exterior Paint, and Avionics installation & Upgrade. FCC’s U.S. operation, JetCorp Technical Services is an FAA Class III and IV part 145 repair station based in St. Louis, MO. Flying Colours and its subsidiaries have established a worldwide customer base as a result of its commitment to safety, quality, and elite customer support. More information is available at www.flyingcolourscorp.com

Peterborough, Ontario, Canada, October 15, 2010

Flying Colours Corp., a global aviation service company, has selected True North Avionics for its airborne telecommunication system and broadband high speed data solution on its next three green Bombardier Challenger 850 aircraft.

Flying Colours will supply and install True North’s innovative Simphone¯ OpenCabin telecommunications system, featuring Wi-Fi, high-speed data integration, corded and cordless handsets, and worldwide Iridium® Satcom, along with TrueNorth’s Simphone¯ Global Broadband System on each of the three aircraft.

“We take great pride in evaluating the most modern telecommunications and broadband options to present to our clients. We are very confident in True Norths products, as they are cutting edge, user friendly and reliable,” stated Sean Gillespie, Director Completion Sales & Management at Flying Colours.

“We’re pleased to be able to work with an industry leader like Flying Colours, and we’re gratified that, with our airborne telecom and broadband systems, Flying Colours’ customers can now manage all their business communications from their aircraft, no matter where they are in the world,” noted Mark van Berkel, TrueNorth’s president.

The three Bombardier Challenger aircraft are owned by different entities and will be based internationally. The aircraft are currently in progress at Flying Colours’s head office in Canada and USA office in St.Louis, MO.

About JetCorp

JetCorp, headquartered in St. Louis, MO, is an FAA Class III and IV Part 145 Repair Station, For more than 25 years, the company built a reputation for high quality and exceptional customer service for a wide range of work scopes including heavy maintenance, routine inspections, structural repairs and overhaul, component services, avionics, engine line services, interiors refurbishment, design and executive conversions as well as pre-purchase evaluations. More information is available at www.jetcorp.com

About Flying Colours Corp.

Flying Colours, headquartered in Canada is a leading aviation services company with concentrations in Green Completions, Interior Refurbishment, Maintenance, Component Services, Auxiliary Fuel Systems, Exterior Paint, and Avionics installation & Upgrade. FCC’s U.S. operation, JetCorp Technical Services is an FAA Class III and IV part 145 repair station based in St. Louis, MO. Flying Colours and its subsidiaries have established a worldwide customer base as a result of its commitment to safety, quality, and elite customer support. More information is available at www.flyingcolourscorp.com

St Louis, Missouri, April 19, 2010

Jetcorp Technical Services Inc., A Flying Colours Company, offering a range of aircraft services that include heavy maintenance, component repair and overhaul, sheet metal, welding, structural repair, interior completions and refurbishment, pre-purchase evaluations, and around the clock AOG support; is pleased to announce that it will be relocating to a new state of the art facility to better serve its customer base. The progressive new facility will be located on the same field that it currently resides, Spirit of St Louis Airport (KSUS). It will include 57,000 SQ.FT. of hangar and shop space, including an innovative component and sheetmetal work area, new avionics space with advanced equipment, and new maintenance and sales offices. Jetcorp will continue to utilize its nearly 20,000 SQ.FT. upholstery and cabinet shop located across the street from its new facility. The move will take place over the next three months and will not interrupt any of its current and scheduled customer commitments. “ We think the new facility will help demonstrate to our current and future clientele that we are dedicated to ensuring that they receive the highest customer support and hands on attention they have come to expect from Jetcorp” stated John Gillespie, CEO of Jetcorp Technical services Inc..

About JetCorp

JetCorp, headquartered in St. Louis, MO, is an FAA Class III and IV Part 145 Repair Station, For more than 25 years, the company built a reputation for high quality and exceptional customer service for a wide range of work scopes including heavy maintenance, routine inspections, structural repairs and overhaul, component services, avionics, engine line services, interiors refurbishment, design and executive conversions as well as pre-purchase evaluations. More information is available at www.jetcorp.com

About Flying Colours Corp.

Flying Colours, headquartered in Canada is a leading aviation services company with concentrations in Green Completions, Interior Refurbishment, Maintenance, Component Services, Auxiliary Fuel Systems, Exterior Paint, and Avionics installation & Upgrade. FCC’s U.S. operation, JetCorp Technical Services is an FAA Class III and IV part 145 repair station based in St. Louis, MO. Flying Colours and its subsidiaries have established a worldwide customer base as a result of its commitment to safety, quality, and elite customer support. More information is available at www.flyingcolourscorp.com

St Louis, Missouri, April 19, 2010

Jetcorp Technical Services Inc., is seeing a steady stream of past, current, and new maintenance customers come through its facility recently. With a strong customer base built by around clock customer service, a dedication to quality and safety, and a wealth of skilled technicians Jetcorp has been near the top of the maintenance, repair, and overhaul industry for over 25 years.

In the March & April alone Jetcorp has completed three (3) heavy inspections on Challenger 601 and 604 aircraft. Other maintenance inspections completed in the last two months or currently ongoing included: 12 year inspections on multiple Lear 60’s; a Phase A thru D inspection on an additional Lear 60 as well as installing an Aircell Access II satphone system and interior refurbishment; a Lear 31 Phase A thru D inspection with a 406 Mhz ELT installation and interior refurbishment; a Falcon 20 A, A+, 2A, 2A+ inspection package; A full C check on a Falcon 50 aircraft due to be complete by the end of April. “We have seen a steady rise in our maintenance levels over the past three months and are looking forward to continue to serve our customers in a way they have come to expect from the people at Jetcorp” stated Troy Funk, Vice President.

With a combination of its new ownership and its roots in the maintenance industry Jetcorp is looking to continue its tradition of providing high-end maintenance services to companies and individuals across North America and the rest of the world.

About JetCorp

JetCorp, headquartered in St. Louis, MO, is an FAA Class III and IV Part 145 Repair Station, For more than 25 years, the company built a reputation for high quality and exceptional customer service for a wide range of work scopes including heavy maintenance, routine inspections, structural repairs and overhaul, component services, avionics, engine line services, interiors refurbishment, design and executive conversions as well as pre-purchase evaluations. More information is available at www.jetcorp.com

About Flying Colours Corp.

Flying Colours, headquartered in Canada is a leading aviation services company with concentrations in Green Completions, Interior Refurbishment, Maintenance, Component Services, Auxiliary Fuel Systems, Exterior Paint, and Avionics installation & Upgrade. FCC’s U.S. operation, JetCorp Technical Services is an FAA Class III and IV part 145 repair station based in St. Louis, MO. Flying Colours and its subsidiaries have established a worldwide customer base as a result of its commitment to safety, quality, and elite customer support. More information is available at www.flyingcolourscorp.com

Peterborough, ON, Canada, December 7, 2009

Flying Colours Corp., a global leader in aircraft completions and maintenance recently delivered their first Green Challenger 850, SN: 8092 to an international client.

The completed aircraft recently departed Flying Colours main facility in Peterborough destined for Moscow, Russia where it will be operated and managed by Chartright Air Group.

Manufacturing and installation of the executive interior were completed at their Peterborough, Ontario facility. Flying Colours was assisted on the project from an engineering standpoint by Montreal based Berletex Aero Design.

Flying Colours currently has three (3) additional Green Challenger 850 completions in progress plus two further completions scheduled for arrival in 2010. The completions are taking place at both their main facility in Peterborough and at there US based operation, JetCorp Technical Services.

“We are thrilled to have our first green 850 completion in operation and are looking forward to developing our green completion capabilities on a number of different platforms in the future,” remarked John Gillespie, President Flying Colours Corp.

About JetCorp

JetCorp, headquartered in St. Louis, MO, is an FAA Class III and IV Part 145 Repair Station, For more than 25 years, the company built a reputation for high quality and exceptional customer service for a wide range of work scopes including heavy maintenance, routine inspections, structural repairs and overhaul, component services, avionics, engine line services, interiors refurbishment, design and executive conversions as well as pre-purchase evaluations. More information is available at www.jetcorp.com

About Flying Colours Corp.

Flying Colours, headquartered in Canada is a leading aviation services company with concentrations in Green Completions, Interior Refurbishment, Maintenance, Component Services, Auxiliary Fuel Systems, Exterior Paint, and Avionics installation & Upgrade. FCC’s U.S. operation, JetCorp Technical Services is an FAA Class III and IV part 145 repair station based in St. Louis, MO. Flying Colours and its subsidiaries have established a worldwide customer base as a result of its commitment to safety, quality, and elite customer support. More information is available at www.flyingcolourscorp.com