Bill Boisture Joins The Carlyle Group as Senior Advisor; From The Cockpit to the Boardroom - 40 Years of Aerospace Experience

Washington, DC – Global private equity firm The Carlyle Group today announced that W. W. Boisture, Jr., formerly President of NetJets, has joined the firm as a Senior Advisor to the Aerospace & Defense team. In this capacity Mr. Boisture will help identify attractive investments in the aerospace, defense & business services sectors and will provide management, industry and marketing guidance to existing portfolio companies.

Peter J. Clare, Carlyle Managing Director and Head of the Aerospace, Defense & Business Services team, said, "Bill knows aerospace and defense literally inside and out, which will be a great asset to Carlyle and our portfolio companies. From his days as an Air Force fighter pilot to his experience running aviation manufacturing and service companies, his experience gives him exceptional insights into market trends and customer needs. We are pleased to welcome him to the Carlyle team."

Mr. Boisture said, "Carlyle is the premier investor in the aerospace sector and I look forward to sharing my experience with their talented team and their portfolio company executives."

Prior to joining NetJets as President in 2003, Mr. Boisture served from 1994 to 2003 at General Dynamics Corporation in several senior capacities, including President of Gulfstream Aerospace and Executive Vice President of Aerospace.

From 1991 to 1993, Mr. Boisture was President of British Aerospace Corporate Jets and from 1989 to 1991, he was Chairman and Chief Executive Officer of Butler Aviation, predecessor company to Signature Flight Services. He also served in senior capacities at Skyworld/Ports of Call Airlines, Simuflite Training International, Inc. and Candair (predecessor company to Bombardier Aerospace).

Mr. Boisture was a fighter pilot in the U.S. Air Force and was Honorably Discharged as a Major after 11 years of service. During that time, he graduated from the USAF Fighter Weapons School and the U.S. Navy Fighter Weapons School (Topgun School).

Mr. Boisture earned his B.S. in Engineering Management from the U.S. Air Force Academy and his M.B.A. from the University of New Haven. He is on the Board of Directors of the Association of Graduates of the Air Force Academy, a Trustee of the Falcon Foundation and a member of World Presidents Organization (WPO).