WESTERN AIRCRAFT ANNOUNCES EXPANSION PLANS

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May 16, 2013

WESTERN AIRCRAFT ANNOUNCES EXPANSION PLANS

BOISE, Idaho, May 16, 2013 – Western Aircraft, a Greenwich AeroGroup company, announced
today that it is embarking on a facility expansion plan. Two new buildings totaling 26,000
square feet are being added on the company’s 18 acre leasehold. The buildings will hold an
expanded parts facility and support shops for Western Aircraft’s services operation.
“We are very excited to increase our footprint here in Boise,” said President of Western Aircraft
Jeff Mihalic. “This expansion is driven in large part by the 2012 sales tax exemption bill passed
by the Idaho legislature as well as by our expanded capabilities and market reach.”
Mihalic noted that 95 percent of Western Aircraft’s customers are based outside of the state of
Idaho, flying their aircraft into Boise from as far away as Philadelphia and San Antonio.
The company currently boasts approximately 95,000 square feet of hangar space and employs
approximately 170 people.
A groundbreaking ceremony to celebrate the new facilities will be held May 29, 2013.