Aviation General, Incorporated Appoints Joseph M. Voss Executive Vice-President/COO/CFO of Commander Aircraft Company

Business Wire, Sept 5, 2002

Business Editors

BETHANY, Okla.--(BUSINESS WIRE)--Sept. 5, 2002

Aviation General, Incorporated (NASDAQ:AVGE) has appointed Joseph M. Voss Executive Vice-President/ Chief Operating Officer/ Chief Financial Officer of its wholly owned subsidiary, Commander Aircraft Company.

Matthew J. Goodman, President/COO, will assume the title of President/CEO.

Mr. Voss has extensive financial, operating and aviation experience, having previously served as a Vice-President of Mooney Aircraft Corporation, prior to which he was Senior Manager, Planning and Analysis for Dell Computer Corporation. Mr. Voss graduated from Baylor University in 1984 with a BBA in Accounting, and is a CPA. He is an IFR licensed private pilot.

Aviation General, Incorporated is a publicly traded holding company with two wholly owned subsidiaries, Commander Aircraft Company and Strategic Jet Services, Inc.

Commander Aircraft Company (www.commanderair.com) manufactures, markets and provides support services for its line of single engine, high performance Commander aircraft, and consulting, sales, brokerage acquisition, and refurbishment services for all types of piston aircraft.

Strategic Jet Services, Inc. (www.strategicjet.com) provides consulting, sales, brokerage, acquisition, and refurbishment services for jet aircraft.

The statements in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Readers are encouraged to refer to the risk disclosures described in the Company's reports on Forms 10-K, 10-Q and 8-K, as applicable.

www.aviationgeneral.com