Hong Kong Aviation Company Appoints Mathis Shinnick Chief Executive Officer

HONG KONG and SYDNEY, March 8, 2010 - Hong Kong Aviation Company ("HKAC"), a leading investor in global
aviation finance, announced today that Mathis Shinnick has been appointed
Chief Executive Officer. Mr. Shinnick will be based in Hong Kong and comes to
HKAC from HSH-Nordbank AG where he held the position of Global Head of
Transportation since 2004. Mr. Shinnick is expected to begin his appointment
May 1, 2010.

"We view Mr. Shinnick's appointment as a very important step in HKAC's
development and planned international expansion," said Adam Tan, Executive
Director, HNA Group and Chairman, Hong Kong Aviation Company. "Mr. Shinnick's
20 years of experience in the transportation sector will help us achieve our
long-term objective of deploying significant capital in
transportation-related assets. In addition, his management experience will
help us rapidly consolidate the existing lease management business within the
recently acquired Allco aviation portfolio and help position HKAC as a leader
in the global aircraft leasing marketplace."

"Mathis Shinnick is a highly respected and globally acknowledged leader
in the transportation finance sector," said Bharat Bhise, CEO of Bravia
Capital Partners and investor in HKAC. "His hiring is a further sign of our
commitment to recruit the best available talent in the industry. His
experience at Chase Securities and HSH-Nordbank will be invaluable in
directing our long term strategic vision for HKAC. Mr. Shinnick is intimately
familiar, not only with the types of assets we are financing, but also the
complex structures associated with such financings."

Mr. Shinnick most recently held the position of Global Head of
Transportation at HSH-Nordbank AG. Prior to HSH-Nordbank AG, Mr. Shinnick was
Head of Transportation at Deloitte & Touche Corporate Finance where he
significantly expanded the firm's penetration into the transportation
industry as a Lead M&A Advisor. He also previously held the position of
Co-Head of Global Aviation at Chase Securities where he led the league tables
as agent and arranger for aerospace and defense debt financing. Mr. Shinnick
has an MBA in international management from the American Graduate School of
International Management and a BBA in accounting from the Robert O. Anderson
School of Business, University of New Mexico.

HKAC plans to expand its employee presence globally over the next 12
months. The firm recently secured a portfolio of nearly US$3 billion in
assets by completing its acquisition of Allco Aviation in early January 2010.
As part of the acquisition, HKAC retained the entire existing management team
of the Allco Aviation portfolio.

About Hong Kong Aviation Company

Hong Kong Aviation Company ("HKAC") is a diversified player in the
aviation industry. 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 industry and the management
of aircraft assets. The company's Web site can be found at
www.hongkongaviation.com.

    Media inquiries:
    Shiva Kumar
    Edelman Sydney
    Ph: +61-2-9291-3387
    shiva.kumar@edelman.com

    Christopher Mittendorf
    Edelman New York
    Ph: +1-212-704-8134
    christopher.mittendorf@edelman.com

Shiva Kumar, Edelman Sydney, +61-2-9291-3387, shiva.kumar at edelman.com; or Christopher Mittendorf, Edelman New York, +1-212-704-8134, christopher.mittendorf at edelman.com