SOURCE: SEACOR Capital

March 08, 2011 21:06 ET

SEACOR Capital Announces Jay Shaw to Join as Managing Director

HONG KONG--(Marketwire - March 8, 2011) - SEACOR Capital (Asia) Limited today announced that Jay Shaw joined the Company as Managing Director, based in Hong Kong. Mr. Shaw is responsible for overseeing the Company's Asia Pacific aviation investments and business development activity.

Mr. Shaw has extensive experience in the Hong Kong and mainland China private aviation markets, most recently operating a privately held consulting company providing business aviation services to individuals and corporations interested in the acquisition or disposal of business aircraft, or with a requirement to set up aircraft management and charter operations.

In 2005 Mr. Shaw co-founded Business Aviation Asia ("BAA") in Hong Kong, and Asia United Business Aviation ("AUBA"), a fully integrated business aircraft services company encompassing consultation, sales, management, charter, maintenance and FBO development in Mainland China. BAA/AUBA was the first Mainland Chinese aircraft management company to introduce western style management and operational standards together with Asian hospitality and service standards, and to obtain CCAR Part 135 operations in Mainland China.

Mr. Shaw also worked as Aviation Sales Director for Metrojet and Heliservices in Hong Kong, and as Director of Sales and Marketing for Bombardier Aerospace Flexjet Asia Pacific.

ABOUT SEACOR Capital

SEACOR Capital (Asia) Limited, headquartered in Hong Kong, is engaged in Asia Pacific based investments and business development initiatives, with a primary focus on general and private aviation, transportation infrastructure, logistics and oil and gas services.

SEACOR Capital is a wholly owned subsidiary of SEACOR Holdings Inc. (NYSE: CKH) ("SEACOR"), a global provider of equipment and services primarily supporting the offshore oil and gas, marine transportation and aviation industries.

SEACOR's aviation related subsidiaries and affiliates include the Era Group (www.erahelicopters.com), Hawker Pacific (www.hawkerpacific.com), Avion Pacific (www.avionpacific.com), DART Helicopter Services (www.darthelicopterservices.com), and a Million Air Fixed Base Operation in Anchorage, Alaska, in addition to various aviation equipment leasing, training and real estate development initiatives.

This release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements concerning management's expectations, strategic objectives, business prospects, anticipated economic performance and financial condition and other similar matters involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of results to differ materially from any future results, performance or achievements discussed or implied by such forward-looking statements.

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