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GACF News Global Aircraft Solutions Announces Airbus 320 Series Certification for Its Line Maintenance Crew

TUCSON, Ariz.--(BUSINESS WIRE)--Global Aircraft Solutions, Inc. (OTCBB: GACF), an integrated aviation company engaged in aircraft trading, aircraft parts sales, and providing scheduled maintenance, repair and overhaul (MRO) services for commercial airlines, charter airlines and aviation leasing companies, today announced that members of the line maintenance group of its wholly owned subsidiary, Hamilton Aerospace Technologies, Inc., have been certified to perform line maintenance on all series Airbus 320 aircraft.

Hamilton Aerospace is currently under contract to provide line maintenance for eight of the 11 airlines operating out of the Tucson International Airport. Hamilton Aerospace also provides line maintenance on an ad hoc basis for the few airlines operating out of Tucson International Airport with which the Company does not have a formal Service Agreement. Certification to provide line maintenance for the A320 series aircraft will enable the Company to expand its services to include the growing number of Airbus aircraft flying into Tucson. Line maintenance certification is also a first step to adding Airbus aircraft to the Company’s heavy maintenance certification list.

Dave Querio, Chief Operating Officer of Hamilton Aerospace, commented, “Line maintenance at the Tucson International Airport is an important profit center for Hamilton Aerospace that also allows us to build relationships with many of the major U.S. airlines. While we have no immediate plans to add Airbus aircraft to our heavy maintenance certifications, line maintenance certification will facilitate the process of obtaining Airbus heavy maintenance certification once we have sufficient customer demand to justify doing so.”

About Global Aircraft Solutions

Global Aircraft Solutions provides parts support and maintenance, repair and overhaul (MRO) services for large passenger jet aircraft to scheduled and charter airlines and aviation leasing companies. Hamilton Aerospace and World Jet, both divisions of Global Aircraft Solutions, operate from adjacent facilities comprising about 35 acres located at Tucson International Airport. These facilities include hangars, workshops, warehouses, offices and other buildings. Notable customers include Avolar Airlines, BCI Aircraft Leasing, Jetran International, Goodrich Corporation, AAR, the Mexican Presidential Fleet, Pegasus Aviation, Shaheen Airlines, Iraqi Airways, Royal Khmer Airlines and Alant Soyuz.

Global's website is located at www.globalaircraftsolutions.com. The Hamilton Aerospace website is located at www.hamaerotech.com.

Except for the historical information presented, this press release contains "forward-looking statements" made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 or regulations thereunder including, but not limited to expected and estimated revenue and earnings. Forward-looking statements are made based upon management’s expectations and belief concerning future developments and their potential effect upon the Company. There can be no assurance that future developments will be in accordance with management’s expectations or that the effect of future developments on the Company will be those anticipated by management.

The words “believes,” “expects,” “intends,” “plans,” “anticipates,” “hopes,” “likely,” “will,” and similar expressions identify such forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company or its subsidiaries or industry results, to differ materially from future results, performance or achievements expressed or implied by such forward-looking statements. These risks include the economic health of the airline industry, demand for Global Aircraft Solutions’ services, and competitive pricing pressures.

In addition, other risks are detailed in Global's Form 10-KSB for the year ended December 31, 2005, Global’s Form 10-Q for the quarter ended March 31, 2006, Global’s 10-Q for the quarter ended June 30, 2006, and Global’s Form 10-Q for the quarter ended September 30, 2006. These statements speak only as of above date, and Global disclaims any intent or obligation to update them.