Board Appointment

RNS Number : 7961W

Hangar 8 Plc

06 February 2012

 

HANGAR 8 PLC

("Hangar8" or "the Company")

Board Appointment

The Directors of Hangar 8 Plc (AIM: HGR8), one of Europe's largest operators of privately owned passenger jet aircraft, are pleased to announce the appointment of Mr David Christopher Wrey Savile to the Board of the Company as Non-Executive Director, with immediate effect.

David, age 52, has over 30 years' of invaluable global aviation experience, and a renowned track record in the sector. As Chief Executive Officer of Air Partner Plc from 1993 to 2010, he oversaw quantum growth in sales, market penetration, global expansion, profitability and value, and he was the driving force ensuring the Group operated as the highest levels of quality and professionalism, befitting a public company.

Commenting on David's appointment, Dustin Dryden, Chief Executive Officer of Hangar8 said:

"We welcome David to the Board where his skills and experience in a career spent managing and growing a listed aviation business will bolster the Company to further develop its strategy and strengthen its operations."

The following information is disclosed pursuant to Rule 17 (Schedule Two, paragraph (g)) of the AIM Rules for Companies:

Current Appointments:

Moose Yacht Charter LLP

Past Appointments:

Air Partner Travel Consultants Limited

Air Partner Plc

Business Jets Limited

Air Partner Enclave Limited

Air Partner Investments Limited

Farnborough International Air Charter Limited (Dissolved)

The Jet Network Company Limited (Dissolved)

Jet Network Club Limited (Dissolved)

Rapid Air Support Limited (Dissolved)

Starflight Aviation Ltd (and associated companies)

David has no current beneficial  interest in the issued share capital of the Company.

Save as above, there is no further information to disclose.

For further information please visit www.hangar8.co.uk or contact:

Hangar 8 plc	Tel: [phone]
Philip Brady / Dustin Dryden
Daniel Stewart and Company plc	Tel: [phone]
Paul Shackleton / Tessa Smith
Tavistock Communications	Tel: [phone]
Simon Hudson / Simon Compton

NOTES TO EDITORS

About Hangar8

Established in 2002, Hangar8 is one of Europe's leading operators of private jets.  With worldwide capabilities, Hangar8 operates some of the newest, safest and most desirable aircraft available for those who appreciate and understand the value of provenance. With aircraft based worldwide and fleet bases at Oxford, Luton, Biggin Hill, Edinburgh, Guernsey, Jersey, Nice, Almaty, Kiev, Dubai, Krasnodar, Mumbai, Abuja, Lagos and Moscow airports, Hangar8 is not only ideally situated but has at its disposal some of the finest terminal facilities.

Hangar8's ambition is to have the right aircraft within one and a half hours of any customer wherever they are in the World, outside the Americas and Australasia.  The Company plans to achieve this through organic growth and through consolidating the fragmented sector in which it operates.

Hangar8 now operates 30 private jets - a modern fleet maintained to the highest standards.  Hangar8's aircraft types differ in size and range offering a complement of capabilities from short European hops to trans-continental voyages.

Hangar8's clients come from a wide variety of backgrounds including music, sport and corporate - all of whom expect and receive the same level of exemplary service.

--ends--

 

END

 

 

BOAEASADEEPAEFF