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AireXpert Technics,Ltd.

Dec. 3rd, 2008 : Andy Hakes, President

AireXpert Technics, Ltd. develops, integrates and markets technology based service solutions for the $51 million aircraft maintenance industry which directly impact both the rate and duration of airline & aircraft flight delays and cancellations.

The company's core focus lies in an easily navigated global market, and provides a uniquely proactive solution to the exorbitantly expensive challenge of effectively managing aircraft technical failures in non-hub or base locations. Boeing estimates that the cost of a one-to-two hour flight delay ranges from $10,000 to $150,000. Pending FAA regulatory changes and recent Congressional attention to aircraft maintenance outsourcing issues increase the value proposition of AireXpert's services, and market acceptance has been validated with limited sales activity.

Founder and Buffalo native Andy Hakes has been entrenched in the industry for 20 years in maintenance and technical roles, and is respected within the industry for his views and expert commentary on global aircraft maintenance issues.

The company is seeking to raise $1 million, the proceeds of which will be invested to secure intellectual property rights, supplement the management team, hire in-house staff for key functions, upgrade to production grade infrastructure and execute sales & marketing strategies which directly drive revenue. Anticipated investor exit strategy will be via acquisition by an aviation services aggregator such as Boeing Commercial Aviation Services, Lufthansa Technik or similar OEM.


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