October 29, 2012– Flying Colours Corp., the completions, refurbishment and maintenance specialist, announced today that Bombardier* has appointed both its Peterborough, ON, Canada and JetCorp Technical Services, St Louis, Missouri, USA, locations as Authorized Service Facilities (ASF) for Learjet* and Challenger* business jets.

Flying Colours Corp. is renowned for its new Challenger 850* aircraft completions for which it works directly with Bombardier as an Authorized Completion Centre and it is anticipated the ASF status will serve to further strengthen the relationship between the two companies beyond completions only.

“We are very honoured and proud to have both facilities joining the Bombardier Authorized Service Facility network. Bombardier’s confidence in the quality of work that Flying Colours Corp provides further demonstrates our continued commitment to develop quality and reliability in all our maintenance endeavours,” stated John Gillespie, President and CEO Flying Colours Corp.

As part of the Bombardier ASF appointment the Flying Colours workforce, which currently stands at over 350 employees, will benefit from an enhanced on-going training schedule and will maintain a strict set of operating procedures led by the LEAN system which it already adheres to at each facility. Flying Colours Corp. is already equipped to handle a full range of aircraft services beyond just maintenance. Both facilities can support completions, interior refurbishment and modification, interior design, exterior paint, component services, and avionics installation programs on a complete range of aircraft and the ASF approval supports the quality of the work in this area.

“We are delighted to expand our relationship with Flying Colours and Jet Corp Technical Services as we continue to grow our business aircraft services offering globally,” said Éric Martel, President, Bombardier Customer Services and Specialized and Amphibious Aircraft. “The two facilities have built a culture of quality, safety and service excellence. They now join our worldwide network that features more than 60 facilities on five continents supporting operators of Bombardier business and commercial aircraft.”

The Flying Colours and JetCorp ASF authorizations cover Learjet 40*, Learjet 40 XR*, Learjet 45*, Learjet 45 XR, Learjet 60*, Learjet 60 XR, Challenger 300*, Challenger 604*, Challenger 605* and Challenger 850 business jets. Looking to the future Flying Colours Corp. is aiming to have both facilities authorized to serve the complete Bombardier business aircraft product line and has already begun an extensive internal investment program focused on upgrading facilities and tooling, along with implementing relevant training to ensure this is achievable.

Flying Colours is exhibiting at NBAA 2012 convention – Booth 912

July 30, 2012– JetCorp Technical Services, Inc. a subsidiary of Flying Colours Corp., has begun work on the latest in its series of state-of-the-art executive conversions of the Bombardier CRJ 200 regional airliner. The Bombardier CRJ will be transformed into an ExecLiner executive VIP configuration destined for a private Indonesian client. This is the first ExecLiner to be readied for Indonesia and during the conversion process Flying Colours will work closely with the client and Bombardier to achieve Indonesian type certification for the CRJ200. Flying Colours will supply an FAA STC that will subsequently be validated by the Indonesian regulatory body and the aircraft will be exported to Indonesia upon completion.

The highly specified aircraft will be transformed from its high-density regional jet layout to a luxuriously appointed executive jet featuring a 22 seat configuration, which represents additional seating compared with other previously completed ExecLiners. It is planned for the interior to be tastefully decorated in traditional yet elegant colour selections and will include a reconfigured galley and first class lavatory.

In addition to an extensive pre-purchase evaluation, and the interior conversion, Jetcorp will also be carrying out an extensive maintenance package on the aircraft at its full spectrum MRO facility. Maintenance work will include a landing gear overhaul, a 96-month inspection, the conversion from a high utilisation maintenance programme (HUMP) to a low maintenance programme (LUMP) and the incorporation of all outstanding Airworthiness Directives.

The completion of the interior including the construction of all new monuments, soft goods, woodwork, avionics upgrades, and installation of all items will be completed at Jetcorp with exterior paint work and final sign off to be completed at Flying Colours’ Peterborough, Ontario facility. The collaboration on the project will highlight the extensive capabilities of both locations and again reinforce the ability of its two locations to collectively deliver a high quality product to its worldwide customer base.

This latest conversion will be carried out at the St Louis, Missouri based facility, and is due for completion in early 2013. It is the fourth ExecLiner that JetCorp has undertaken, and twelfth that Flying Colours Corp. as a whole has converted.

This latest project, the first for an Indonesian private client represents a move into a key new market for Flying Colours Corp: “We have met with multiple potential private customers in Southeast Asia in recent months. The interest in our services in this region has increased dramatically and we are receiving a growing number of requests from the Indonesian area particularly,” said Eric Gillespie, Flying Colours Corp. Executive Vice President, Sales and Marketing. The latest project follows hard on the heels of Flying Colours delivery of three new Bombardier Challenger 850 aircraft completions to mainland China and Hong Kong this year.