Hong Kong Aviation Capital Appoints Richard Cherney as Head of Commercial and Technical

HONG KONG, August 25, 2010 - Hong Kong Aviation Capital (HKAC), a leading investor in global aviation
finance, announced today that Richard Cherney has been appointed as Head of
Commercial and Technical. Richard has commenced his employment with HKAC and
is based in the company's Hong Kong office. He is a member of the senior
executive committee and responsible for global leasing activities and
technical management. He comes to HKAC from his position as Executive
Vice-President of Aviation Capital Group (ACG), a commercial aircraft leasing
and asset management company based in California.

In his position at ACG, Richard was responsible for the sales and
marketing as well as the asset management functions, overseeing a fleet of
more than 400 owned, managed and ordered aircraft. Before joining ACG,
Richard was Managing Director, Fleet Transactions at American Airlines where
he led the group responsible for developing more than US$10 billion of
aircraft acquisition and disposal strategies. Prior to this, he held senior
positions with two Canadian airlines, and also has pilot accreditation from
both the United States and Canada.

"With the addition of Richard we are fulfilling our promise to strengthen
and build upon our existing management team. Our strong team has helped us
attract key people. Richard brings with him great leadership qualities and
aviation experience that will prove invaluable to HKAC, and our plans for
further global expansion," said Mathis Shinnick, Chief Executive Officer,
Hong Kong Aviation Capital.

Shinnick continued: "Rich's 21 years of experience in aviation, as both a
pilot and businessman, is a winning combination that will help us to achieve
both our short and long term business goals."

HKAC is a diversified player in the global aviation finance industry that
includes HNA Group Co. Ltd of China and an affiliate of Bravia Capital, New
York as shareholders. The appointment of Mr. Cherney closely follows the
appointment of Rick Macker as Head of Capital Markets, and the company's
recent announcement of signing three new A320 aircraft under sale-leaseback
to Indian airline IndiGo. HKAC completed its acquisition of Allco Aviation
platform in January 2010, and plans to further expand its employee presence
globally over the next 12 months.

About Hong Kong Aviation Capital

Hong Kong Aviation Capital (HKAC) is a leader in the global aircraft
leasing marketplace. HKAC is headquartered out of Hong Kong, with offices in
Sydney and London. The firm invests in commercial aircraft leases and
financial instruments, and also provides aircraft management and advisory
services. HKAC's mission is to prudently invest in the global transportation
and infrastructure sectors for consistent and long-term returns, creating
value for its investors and clients alike. HKAC has a highly capable team
with skills and experience in both the financial and aviation industry. The
company's website can be found at www.hongkongaviation.com

    CONTACT: Nic Jarvis
             Edelman
             Ph: +61-414-414484
             Nic.Jarvis@edelman.com

             Lucy Wilson
             Edelman
             Ph: +61-2-9291-3318
             Lucy.Wilson@edelman.com

Nic Jarvis, +61-414-414484, Nic.Jarvis at edelman.com or Lucy Wilson, +61-2-9291-3318, Lucy.Wilson at edelman.com both of Edelman