2015 another strong year for Quest Aircraft; Kodiak deliveries increase as company enhances global presence | Press Release

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Daher Aircraft Inc.

Daher Kodiak

Press Release

Issued by Daher Aircraft Inc..

February 8, 2016

2015 another strong year for Quest Aircraft; Kodiak deliveries increase as company enhances global presence

Quest Aircraft Company delivered 32 Kodiak aircraft in 2015, an increase over the previous year. Kodiak deliveries have risen steadily since 2012, as worldwide demand for the Kodiak has grown.

“We have experienced solid growth both geographically and in a range of market segments,” said Sam Hill, Quest Aircraft chief executive officer. “North America and Asia were strong markets for us last year, and we continue to increase our production as demand for a versatile aircraft like the Kodiak grows.”

Quest's long term corporate strategy is focused on global development and growth. In fall 2015, Quest began construction of a 75,000 square foot, multi-phase expansion at its Sandpoint, ID headquarters, which will nearly double the company's Kodiak production capability. Additionally, the company continues to expand its worldwide dealer network as well as leverage its corporate relationships to increase its access to global markets.

Quest has also made some enhancements to its management team as the company positions itself for continued growth. Nicholas Newby was named to the newly created position of senior vice president of sales, marketing and customer service. Newby brings over 20 years of aviation experience to the positon, and is well-versed in the sales, marketing and service aspects of the aviation industry, both domestically and internationally. Several key personnel also received promotions, including Susan Jordan and Jason Eddy.

Eddy has been promoted to senior vice president, operations, overseeing engineering, manufacturing and other company operations. Jordan, who has been with Quest since 2007, now serves as chief financial officer/senior vice president, administration. Jordan has over 30 years of business experience.

“I am very pleased to welcome these individuals to their new positions,” added Hill. “Their insight and expertise will help guide our continued growth. They, along with all of our team, are an integral part of the future of Quest Aircraft.”