Corporate Profile for Fairchild Aerospace, dated July 23, 1999

Business Wire, July 23, 1999

--(BUSINESS WIRE)--

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.

Published Date:   July 23, 1999

Company Name:     Fairchild Aerospace Corp.

Address:          Box 790490
                  San Antonio, TX 78279-0490

Main Telephone
 Number:          210/824-9421

Internet Home
 Page Address
  (URL)           http://www.fairchildaerospace.com

Chief Executive
 Officer:         Carl A. Albert

President:        Jim Robinson

Chief Operating
 Officer:         John Wolf

Chief Financial
 Officer:         Rudi Lenz

Public Relations
 Contact:         Robert Stangarone, Business number: 210/804-7751
                  or
                  Doug Oliver, Business number: 210/820-8627

Industry:         Aerospace

Company description: Fairchild Aerospace is involved in aircraft design, production and support for the airline industry, where the company has established itself a leader in the under-100-seat market for airliners and regional jets, as well as for the business and corporate jet market.

The current-day Fairchild Aerospace is the result of the 1996 combination of Fairchild Aircraft Co. of San Antonio, Texas, and Dornier Luftfarht GmbH of Oberpfaffenhofen, Germany. The company prides itself on having fused Germany's precision engineering and production skills with American management and marketing skills to form one of the first true multi-national aerospace companies.

Today, Fairchild Aerospace offers the most complete family of aircraft in this market segment, from a 32-seat regional jet to a 90-seat airliner, as well as the Envoy series of business jets. First in the family, the 328JET has achieved international certification, and deliveries to operators have begun. The others in the family -- the 428JET, 528JET, 728JET and 928JET -- will come into service in the next three years, along with the Envoy 3 and Envoy 7.

In addition to its aircraft design and production, Fairchild Aerospace is a major subcontractor for Airbus, operates two fixed-base operations, and performs maintenance on a variety of fixed and rotor-wing aircraft.