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        	  Gulfstream has established a joint venture (JV) 
			  with Beijing Capital Airlines (Deer Jet) and Grand China Aviation 
			  Technik (GCAT) to operate a business jet service center at Beijing 
			  Capital International Airport. 
			  Deer Jet is a subsidiary of Hainan Airlines 
			  Group and one of China’s largest business jet charter providers. 
			  Its fleet includes 26 Gulfstream aircraft. GCAT, another Hainan 
			  subsidiary, offers aircraft repair, maintenance and overhaul 
			  services. The new venture will operate under the name Gulfstream 
			  Beijing. 
			  “This is an historic occasion for everyone 
			  involved, especially our customers,” said Mark Burns, president, 
			  Gulfstream Product Support. “We will be the first business jet 
			  original equipment manufacturer to offer maintenance, repair and 
			  overhaul services for its customers in China, the fastest-growing 
			  market for business jets worldwide. The convenience factor alone 
			  of Gulfstream Beijing will help our Chinese customers lower their 
			  maintenance costs and increase aircraft availability.” 
			  Gulfstream Beijing, consisting of an 82,000-square-foot hangar and 
			  22,000 square feet of offices and back shops, will be overseen by veteran Gulfstream product support executive Kay Ardalan, the 
			  site’s general manager. The facility will be staffed by Gulfstream employees, who will bring their extensive product knowledge and 
			  skills to the venture, as well as Deer Jet employees who have become increasingly well-versed in Gulfstream products. 
			  The facility will serve Deer Jet’s Gulfstream fleet, other 
			  Gulfstream aircraft and select non-Gulfstream models. The new 
			  venture is in the process of applying for a Civil Aviation 
			  Administration of China (CAAC) Part 145 repair certificate, a 
			  requirement for beginning service operations. 
			  “When we 
			  induct the first aircraft for maintenance, customers will be 
			  delighted to find the same extraordinary level of service they have become accustomed to receiving from Gulfstream factory 
			  service centers outside of China,” Burns said. “In the long run, 
			  we see this expansion of our service capability as essential to 
			  maintaining our No. 1 position in the Chinese market in terms of 
			  market share and reputation.” 
			  Gulfstream opened a sales 
			  office in Beijing on 7 December 2011, and nearly 50% of Gulfstream 
			  orders in the third quarter of 2011 were from the Asia Pacific 
			  region.  
			  There are more than 40 Gulfstream jets in mainland China 
			  today, a number that continues to grow. More than 30 are in Hong 
			  Kong. 
			  Gulfstream’s business relationship with Deer 
			  Jet began in 2004, when the charter operation leased a preowned 
			  GIV. 
			  In support of Deer Jet’s fleet of Gulfstream aircraft, 
			  Gulfstream has had a maintenance team based in Beijing since May 
			  2010. The group was originally made up of three technician 
			  consultants and has since added two more. In January 2010, 
			  Gulfstream positioned its first Product Support employee in 
			  mainland China, Beijing-based field service representative Jenson 
			  Saw.  
			  Along with Gulfstream Beijing, other facilities 
			  available to Gulfstream operators in Asia are authorized warranty 
			  repair centers Metrojet in Hong Kong and Gulfstream sister company 
			  Jet Aviation in Singapore, along with warranty line-service center Jamco Corp. in Sendai, Japan. Metrojet and Jet Aviation have parts 
			  and materials for Gulfstream aircraft on site. 
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