ISSN 1718-7966 October 15, 2018/ VOL. 662 www.avitrader.com Weekly Aviation Headline News

WORLD NEWS Atran to Lease GECAS 737-800 Freighters Atran Airlines, scheduled express cargo carrier within Volga-Dnepr Group, and GE Capital Aviation Ser- vices (GECAS) have inked a lease agreement for two 737-800 freight- ers. The passenger-converted air- craft are scheduled to be phased in during the remainder of 2018 and in the first half of 2019. They will provide additional capacity to Atran’s existing fleet of three Boe- ing 737-400 freighters and will in- crease Altran’s fleet to five.

British Airways increases Loganair scooped this services to Nashville year’s ERA British Airways is set to increase its Gold award. flights to Nashville next summer, Photo: operating a daily flight between Loganair Tennessee and Heathrow. The ad- dition of two extra weekly services Loganair wins big at ERA means Nashville is British Airways fastest new route to move to a daily triumphs at European awards service in 10 years. The daily service Just over one year since it began rebuilt its commercial infrastruc- The judging panel comprised sen- will be operated by the Boeing 787-8 ‘flying solo’, Loganair has been ture after the end of its franchise’ ior industry experts including past Dreamliner, the state of the art air- named the Airline of the Year by while implementing ‘a complete re- craft designed to enhance customer CEOs of European airlines, inde- the European Regional Airline As- brand’ undertaken by a ‘young and wellbeing. When launched, Nashville pendent aviation journalists and sociation (ERA). The Scottish carrier inspirational CEO.’ was the 26th US city British Airways industry academics from a variety previously operat- flew to. Since then, the airline has of European coun- announced it will start a direct flight ed as a Flybe fran- tries. from Heathrow to Pittsburgh in April chise partner. “The foundations that we’ve laid over 2019, operating four times a week. The award was Collecting the the last year will serve Loganair well for collected by the Gold Award at a Aer Lingus CEO steps down decades to come.” airline’s managing IAG Group has announced that ceremony in Ed- Jonathan Hinkles, Managing Director director, Jonathan Aer Lingus chief executive Stephen inburgh’s Interna- Hinkles, heading up Kavanagh will step down on Janu- tional Conference ary 1, 2019 but will remain on the on 10 October, the Scottish airline It was commended for its ‘handling the 700 employees who contrib- airline’s board as a non-executive was recognised by the judges for its with success of the instant compe- uted to Loganair’s success. director. He will be succeeded as impressive achievements over the tition from its previous franchise chief executive and executive direc- previous 12 months. partner’ across six crucial routes in Mr Hinkles said: “Receiving an tor by Sean Doyle who is currently the Scottish islands, communities award of this calibre is a tremen- British Airways director of network, Loganair was honoured as an ‘ex- it serves ‘in tough and challenging dous privilege, highlighting every- fleet and alliances. ceptional regional airline which has conditions’. Continued on page 3

Commercial Airframe Military/Gov’t 737, 747, 757, 767, 777 C130, L100, P-3 www.relianceaircraft.com A300, A310, A320, A340 T56 Engines 512-439-6988 Legacy Support [email protected] CFM56 QEC/LRUs -5B/-7B End of Life Asset Solutions Nose to Tail Support Repair Mgmt

3 Weekly Aviation Headline News

...continued from page 1

thing Loganair has achieved since flying solo nair well for decades to come, and we’re very year, the airline has successfully rebranded last year. much looking forward to playing a leading role and begun operating in its own right as a truly in the future of the UK’s regional air services.” independent regional airline. Loganair abso- “Everyone in the team has worked incredibly lutely deserves this award – huge congratula- hard to build a regional airline providing sus- ERA’s Director General Montserrat Barriga tions.” tainable and reliable services for the commu- commented: “Loganair serves its community nities to which we fly. The foundations that in remote areas of Scotland in tough and chal- we’ve laid over the last year will serve Loga- lenging conditions. Despite this, in the past

AIRCRAFT & ENGINE NEWS A220 takes to the skies

International aircraft leasing company Avolon issues update for third quarter 2018 Avolon owned and managed a fleet of 571 air- craft at the end of the third quarter, with total orders and commitments for 319 new-technol- ogy aircraft. The company executed a total of 39 lease transactions, comprising new aircraft leases, second leases and lease extensions. Avo- lon delivered a total of 14 aircraft to 8 custom- ers, including 2 transitions and sold 16 aircraft, including the sale of 4 aircraft to Jade Aviation, Avolon’s joint venture with Cinda. The fleet uti- lization for the quarter was 100% and the aver- age owned fleet age was 5.1 years with average lease term remaining of 6.8 years. At the end of the third quarter Avolon had a total customer base of 156 airlines in 64 countries.

Finnair wet leases one Airbus A330 from Delta’s first A220-100 takes to the skies Photo: Airbus Air Italy for Chicago and Miami routes Delta Air Lines’ first A220-100 took off on its first flight from Mirabel airport, Québec. The- air Finnair will wet lease an Airbus A330 aircraft and craft was crewed by A220 program test pilots. During a successful 2 hour and 53 minutes flight, crew from Air Italy for its Chicago and Miami the crew checked the aircraft’s main systems before landing back in Mirabel. The flight took routes for the period of October 12-31. One of place a few days after the aircraft rolled out of the paint shop. Next, the aircraft will continue Finnair’s long-haul aircraft was damaged at Chi- with pre-delivery testing and assembly, as elements of its state-of-the-art interior come to- cago airport on September 25 when a high load- gether at the A220 assembly line. Delta’s first A220 is scheduled to begin service in early 2019. er accidentally hit it. With the wet lease from Air Delta Air Lines will be the first U.S. airline to operate the A220 – at the same time becoming Italy, Finnair is ensuring that flights to Chicago the fourth A220 operator, after Swiss International Air Lines, airBaltic, and . Delta is and Miami can be operated normally while the the largest A220-100 customer, with a firm order for 75 aircraft. damaged aircraft is being repaired. “The aircraft damage in Chicago was very unfortunate. With

leaders & builders right this way > WILLIS LEASE ACQUIRES A NEW GENERATION OF EXCELLENCE LEAP-1A, LEAP-1B and GEnx-1B engines now available

• Available for short- or long-term lease, including removals covered by manufacturer warranty or commercial support • Willis Lease is the only company with the platform to ensure that your leased engines arrive on time and in the condition required to keep your fleet in revenue service

Willis Willis Asset Willis Lease Management Aero

Engine & Aircraft Leasing Consultancy & Advisory Material Support Lease Management Technical Services Consignment Programs Engine & Aircraft Trading & Marketing Records Management Asset Evaluations ConstantThrust™ Part 145 Maintenance Services End of Service Life Programs Reliable. Creative. Comprehensive.

Willis Lease Finance Corporation Power to Spare – Worldwide® +1 415.408.4742 [email protected]

willislease.com 53 WEEKLYWeekly AviationAVIATION HeadlineHEADLINES News

AIRCRAFT...continued &from ENGINE page 1 NEWS Airbus exhibits ACJ319 at NBAA show high-qualityUnited is wet also lease committed from Air to Italy, improving we can conthe- entertainment options for include English closed captioning. Select DIRECTV channels also include tinuecustomers operating with disabilities. our Chicago Earlier and this Miami year, flights the airline began offering closed captioning when the TV station makes it available. United con- anda offer new mainour customers menu category a smooth on seatback travel experi on-demand- that is labelled Ac- tinues to add additional accessible entertainment and screening op- encecessible regardless Entertainment. of the aircraft This change,”new section says Ja-makes it easier for custom- tions across its fleet. akkoers Schildt, with hearing Chief Operating and vision challengesOfficer, Finnair. to find accessible entertainment options, grouping all of the titles that are either audio descriptive or Unique highlights of United’s personal device entertainment program- closed captioned in one main menu category. Seatback on-demand is ming include: an exclusive partnership with VEVO, delivering new, cu- one of United’s entertainment options available on 757, 767, 777 and rated music video playlists each month; relaxation content including Elix787 Aviation aircraft. Capital The carrierconfirms currently lease trans offers- approximately 20 different Headspace, a popular meditation app and Moodica, which takes the actionmovies for and six TV shows ATR that 72-600s are audio with descriptive Lion Air and more than 50 that brain on a much-needed vacation using videos. Group Elix Aviation Capital (Elix) has concluded a trans- action with Lion Air Group for six ATR 72-600 aircraft, including five recently delivered ATR 72-600AIRCRAFT aircraft & and ENGINE a sixth NEWS ATR72-600 aircraft Orders and deliveries – Boeing and Airbus scheduled for delivery in November 2018. These ATRAerCap 72-600s leased, are the purchased first aircraft and in Elix’ssold portfo114- The AirbusACJ319 operated v Boeing: by K5 Aviation, Orders to and be displayed Deliveries at NBAA 2018 Photo: Airbus lio of ATR and Bombardier DHC8 turboprops to aircraft in the first quarter of 2018 March 2018 YTD be operated in the growing Indonesian market. Airbus Corporate Jets (ACJ) is displaying an ACJ319 at the NBAA show, highlighting the full-size ThroughAerCap has this announced transaction, its major Elix business continues trans to de- Airbus Boeing actions during the first quarter of 2018. The Com- living space on offer. Operated by K5 Aviation and available for VVIP charter, this particular velop and further invest into the capabilities and ACJ319Type is making its airshowOrders debut.Deliveries Continuous improvementsType mean Orders that the ACJ320Deliveries family servicespany signed it brings lease to operators agreements worldwide. for 83 aircraft, including 15 wide-body aircraft and 68 narrow- nowA320 comprises Family the ACJ319neo,37 flying eight95 passengers 737 6,750 nm/12,500171 km or for more 132 than 15 hours, and the ACJ320neo, flying 25 passengers 6,000 nm/11,100 km or for more than 13 body aircraft. AerCap purchased seven aircraft, A330 -6 8 747 14 2 including two Airbus A320neo Family aircraft, hours. Deliveries of the ACJ320neo will begin in the coming months and those of the ACJ- two Airbus A350s and three Boeing 787-9s and 319neoA340 next year. Customers0 include Acropolis0 Aviation,767 Comlux and K5 Aviation.7 Both aircraft4 executed sale transactions for 24 aircraft, includ- featureA350 new-generation engines0 and Sharklets17 to save 777fuel, to enable even5 more intercontinen12 - MRO & PRODUCTION NEWS tal range, and to ensure that they keep their value well. ing 11 aircraft, four Airbus A380 14 1 787 24 34 A330s, one , one Boeing 737 Classic, SRone Technics Boeing 737NG, and FEAM two Boeing Maintenance/Engi 777-200ERs and- Total 45 121 Total 221 184 neeringone Boeing sign 787-8 MoU from to expand AerCap’s line owned mainte port-- Source: Airbus Source: Boeing nancefolio and network two Airbus A320 Family aircraft and and more importantly, for FEAM customers,” Groundbreaking ceremony for Turbine- one Boeing 737 Classic from AerCap’s managed Airbus booked orders for eight A320 Family single-aisle jetliners in the NEO and CEO versions MRO service provider SR Technics and FEAM said Dan Allawat, Chief Operating Officer, FEAM. Aero’s new building in Thailand: Robert portfolio. The Company continues to manage 12 during March, while delivering 56 aircraft in the month from across the company’s in-produc- Maintenance/Engineering, a U.S.-based MRO “We look forward to exploring areas of coop- Wilson named new CEO aircraft that were sold from its owned portfolio tion single-aisle and widebody product lines. leader in aircraft line maintenance services, have eration as a means to offer a broad spectrum of during the quarter. AerCap has signed financing Boeing generated a total of 197 orders in MarchTurbineAero including a staggering announced 160 737s. the groundbreakingDeliveries in signed a memorandum of understanding (MoU) services to our collective airline clients. As part transactions for US$2.9bn. the stated month reached 91 planes across the in-productionceremony for aproduct new building line. in the Free Zone on joint initiatives aimed at adding value for the of SR Technics’ growth objectives, this partner- ship will develop our service offering for our of the AMATA CITY Industrial Estate, Chonburi, current and prospective customers of both com- Thailand, outside of Bangkok. The 80,000 ft² new panies. In partnering with FEAM, SR Technics existing and future customers in the U.S.,” said Jakob Straub, Head of Aircraft Services and Line facility will house up to 250 employees and will willLion expand Air Group its reach orders from 50 multiple737 MAX 10European air- handle high-technological testing, maintenance, Maintenancetified on Boeing’sat SR Technics. Orders “Together & Deliveries with our website. JetBlue selects Pratt & Whitney Geared locationsplanes to the U.S. market, where FEAM has repair and overhaul activities for aircraft compo- strongThe Lion partner, Air Group we willwas be the able first to toseize put on the mar 737- numerous established aircraft maintenance sta- nentsTurbofan™ and systems engines for its worldwide customers, Boeing and the Lion Air Group have announced ketMAX opportunities 8 into service to and maximize the first ourto orderpotential the 737and tions. Conversely, FEAM will offer global solu- including APU MRO, LRUs and APU part repair. the airline has purchased 50 of Boeing’s new 737 expandMAX 9. Lastour presence,month, the while Group ensuring became reliability the first JetBlue Airways has selected the Geared Tur- tions through its partnership with SR Technics. “We are delighted to start the construction of MAX 10 airplanes. The deal, valued at approxi- andto take fast deliveryturnaround of a times 737 MAX at attractive 9, using the prices.” air- bofan™ (GTF) engine to power an additional “Partnering with a world-class MRO such as SR TurbineAero’s new APU MRO facilities in Asia. mately US$6.24bn at list prices, is the largest plane’s added capacity to launch several interna- 45 Airbus A320neo family aircraft. With the Technics will create new opportunities for FEAM This new building highlights the growth Tur- incremental order to date of the MAX 10 vari- tional routes. airline’s previous order of 40 GTF-powered ant. The order was previously listed as uniden- A320neo family aircraft, JetBlue has now com-

Followed by Thousands of Industry Professionals

e-magazine Industry insight, analysis and news Free subscription straight to your inbox every month Get latest edition>>

Contact us about Advertising Opportunities Jenny Vogel, Sales Director [email protected] +49 (0)8761 346007 January 2018 Edition  Everest Events Ltd @everestevents Aviation Training & Events   Everest Events AIRCRAFT ECONOMIC LIFE SUMMIT 20 November 2018, Gibson Hotel, Dublin

Highlights: ៉ Review of Key drivers that infl uence fl eet dynamics ៉ Lessor strategies for managing fl eet age - the wave today of new lessors explain their plans ៉ The impact of the new generation of aircraft on ៉ The return of Cargo Demand - how the Freighter recent and current production models - will there be market will shape up to carry the loads - what a shift in values and economic lives? aircraft types will benefi t, and what are the prospects for conversions and new build? ៉ Portfolio impairments and Depreciation - what can be learnt about changes in the market and the ៉ Managing the older fl eet - the impact of Corrosion prospects for different aircraft categories and Aircraft Ageing Programmes ៉ The pace of aircraft retirements - what is being ៉ Regional aircraft are getting old too - what are their parted out, what types are getting a ‘second wind’ immediate prospects? of utility, and what does this mean for the existing fl eet?

Supported by:

YOUR ONLINE AVIATION NEWS SOURCE

www.everestevents.co.uk

Aircraft-eco-life 2018 Ad 216x279.indd 1 20/06/2018 09:41 7 Weekly Aviation Headline News

MRO & PRODUCTION NEWS First 787-9 Dreamliner for Nui Boeing, Air Lease Corp. and bineAero has witnessed over the last two years celebrated the delivery of the airline’s and confirms the development of the aerospace first 787-9 Dreamliner, via lease from ALC. industry in Thailand which we are happy to be This is the first Boeing airplane to join the part of. This new facility will include three brand Tahitian airline, which plans to use the new full-digital auxiliary power unit test cells as longest-range Dreamliner to replace aging well as the most modern Non-Destructive Test- A340s and connect its home base in the ing, inspection, repair and overhaul equipment. South Pacific with world capitals such as The new state-of-the art equipment and work , Tokyo and Los Angeles. Air Tahiti Nui floor lay-out will enable us to further improve joins other carriers in the Pacific who op- on turn-times, efficiency and performance,” said erate long-distance routes in switching to Peter Gille, Vice President and General Manager the super-efficient and long-range 787-9. of TurbineAero Repair-Asia. “The construction of The first 787-9 Dreamliner for Air Tahiti Nui Photo: Boeing The airplane can fly up to 7,635 nautical a facility of this kind is complex and expensive miles (14,140 km), while reducing fuel use and it proves the trust that our Board of Direc- and emissions by 20% to 25% compared to older airplanes. Air Tahiti Nui configured its new tors has in the Kingdom of Thailand and in the Dreamliner to seat 294 passengers in three classes. The cabin features a new business class country’s efforts on strengthening its position as equipped with 30 full lie-flat seats, along with 32 premium economy seats. innovation and service-based economy in South- East Asia.” Along with the new building, Robert Wilson was announced as the new Chief Execu- tive Officer (CEO) for TurbineAero. Prior to this, Scoot takes delivery of its first A320neo Wilson founded Aerospace Advisory Group in 2014 and served leading aerospace companies Scoot, the low cost wing of Singapore in consulting and board roles. He served 27 years Airlines, has taken delivery of its first in leadership roles at Honeywell, and predeces- A320neo in Toulouse, . Scoot sor companies, supporting commercial airlines, has placed orders for 39 A320neo military and business aviation customers. The aircraft under its fleet renewal pro- last nine years of his 27-year Honeywell career gramme. The new addition comple- he served as the President of the Business & ments the airline’s existing fleet of General Aviation business. Headquartered in 27 A320ceo Family aircraft. Powered Chandler, Arizona USA, TurbineAero is one of the by Pratt and Whitney Pure Power world’s leading independent aerospace compo- engines, the new aircraft features nent maintenance, repair and overhaul (MRO) 186 seats in Scoot’s configuration. service providers focused on auxiliary power Selected for its outstanding opera- LCC Scoot takes delivery of first A320neo Photo: Airbus tional efficiency, comfort and range, units (APUs) and related products. the A320neo will be deployed by Scoot on its services across Asia. Featuring the widest single aisle cabin in the sky, the A320neo Family incorporates the very latest technologies including new generation engines and Sharklets, which together deliver at least 15% fuel savings at de- Lufthansa Technik offers 787 landing gear livery and 20% by 2020. With more than 6,100 orders received from over 100 customers, the services A320neo Family has captured nearly 60% share of the market. Lufthansa Technik AG is complementing its support portfolio for the Boeing 787 by adding overhaul capabilities and the availability of- ex change shipsets for this aircraft type’s landing gears. This decision underlines Lufthansa Tech- initially build up the capability either in Ham- Pacific Aerospace. To help with exchanging and nik’s approach of offering an extremely com- burg or at Lufthansa Technik Landing Gear Ser- repairing landing gears on site, Lufthansa Tech- prehensive support portfolio for this modern vices UK. Customers in the Americas will benefit nik will rely on the mobile Airline Support Team commercial aircraft and continuously extending from expanding this capability also to Lufthansa (AST® Landing Gear) service. A new solution to its services for it. Preparations are underway to Technik’s Los Angeles-based subsidiary Hawker transport the landing gears has also been devel-

Take Quantum Control of Your Business The Undisputed Leader in Aviation MRO and Logistics Software DEPLOYED BY MORE THAN 1,500 AVIATION COMPANIES IN OVER 50 COUNTRIES Visit www.componentcontrol.com to find out more Visit us at MRO Europe 2018 · Booth #3022 8 Weekly Aviation Headline News

MRO & PRODUCTION NEWS Lufthansa Technik establishes Additive Manufacturing Center Lufthansa Technik has set up oped. Lufthansa Technik has designed dedicated an Additive Manufacturing transport crates, which will be available to save (AM) Center with the aim of on transportation costs. bundling and expanding the competence and experience the company has gained us- CTT Zonal Drying™ removed as basic ing this technology in the equipment on Boeing 787 past. Additive manufactur- ing is often referred to as CTT SYSTEMS, a market leader of humidity con- 3-D printing. In addition to trol systems for aircraft, has announced that an unrivaled degree of free- Boeing has de-selected the Zonal Drying™ equip- dom in designing the parts, ment on the 787. This is as consequence of the additive manufacturing pro- Boeing decision to remove the Moisture Control New Additive Manufacturing Center Photo: LHT duces individual parts very system (MCS) as basic equipment on the 787. quickly – a huge advantage This decision will have a financial impact on CTT when prototypes or one-off parts must be manufactured. In the highly weight-conscious world from the end of 2019. When coming into force, of aircraft, the lower weight of parts makes using the AM technology very attractive. Dr. Aenne the deleted Zonal Drying™ OEM equipment will Koester, head of the AM Center, explains: “The new AM Center will serve as a collaborative not only lead to lowered OEM sales, but will also hub where the experience and skills that Lufthansa Technik has gained in additive manufactur- have an impact on correlated IP deliveries and ing can be bundled and further expanded. The aim is to increase the degree of maturity of the technologies and to develop products that are suitable for production.” As the transfer of aftermarket sales. In 2017 and the first half of a new technology into the highly-regulated world of commercial aircraft operation and MRO 2018, this in total accounted for 15-20% of CTT poses a challenge, a joint team of Lufthansa Technik experts and AM specialists from numer- Systems’ net revenues. The removal decision is ous industry partners and research institutions are now developing strategies to support the consistent with other Boeing airplanes utilizing introduction of this technology. As one example, a cooperation with Oerlikon AM aims at en- crown ventilation via upper recirculation air. CTT hancing the understanding of process repeatability, a key element of industrialization and cer- Systems will remain a supplier for the 787, sup- tification. The collaboration will also help drive the industrialization of additive manufacturing porting humidifiers to flight deck and crew rest forward, as the study results will be shared with relevant industry bodies to support defining compartments. “Although an unwanted change standards for the qualification and approval of aircraft components. for CTT Systems, our target market for Zonal Drying™ is primarily single-aisle aircraft,” com- ments Torbjörn Johansson, CEO at CTT Systems. “We are pleased to notice that our humidifiers Lufthansa Technik performs first base maintenance layovers of Boeing 737 MAX in flight deck and crew rests are frequently se- Lufthansa Technik has performed the first lected on the Boeing 787 and highly appreciated major connectivity modifications on Boe- amongst pilots and crew. ing 737 MAX 8 aircraft of an undisclosed customer. The aircraft were modified at Lufthansa Technik Budapest. The airline AAR to provide after-hours logistics and customer is currently enlarging its all- technical AOG support for Eaton Aero- Boeing 737 fleet with the newest member space of this aircraft family and was looking for a partner to equip the fleet with a state- AAR, a global provider of aviation services to of-the-art connectivity solution. Lufthansa commercial airlines, will deliver after-hours Technik Budapest was the location of logistics and technical AOG support for Eaton choice to accomplish the layovers within Aerospace effective October 1, 2018. Under this a short and reliable time frame. Over the 737 MAX Photo: Brandon Farris agreement, AAR will serve as the single point of recent years, the narrow-body base maintenance and modification experts in Budapest have contact for all of Eaton’s commercial customers performed this modification many times on Boeing 737 NG aircraft. During the five-day layo- after office hours. “We are excited to showcase vers, several specialized teams were in place to accomplish the modification work. A structures our expanded AOG desk with one of our larg- team reinforces the affected skin area to facilitate the installation of the Satellite Antenna As- est business partners,” said Darren Spiegel, Vice sembly (SAA) and GSM antenna as well as the covering radome. The avionics team installs the President and General Manager, OEM Solutions, cabling, hardware and software of the related connectivity system in the aircraft cabin. Other AAR. This arrangement will provide a seamless mechanics provide the necessary access to the cockpit and passenger compartment interior interface for Eaton’s global customer base. If the and reinstall all equipment once all work has been finished. Maintenance capability extensions requirement calls for products in AAR-Eaton’s for the 737 MAX at further locations in the Lufthansa Technik network are planned. Lufthansa existing portfolio, AAR will provide support from Technik already offers an extensive range of globally available products and services for the various Boeing 737 types. The spare parts warehouses for the Boeing 737 of the Classic and its global warehouse network. For other Eaton popular Next Generation versions have been expanded for the 737 MAX to support operators products, AAR will work with Eaton to ensure the of this aircraft type with component services. And, as one of the first MRO providers to support operator is fully supported. customers as early as in the initial phase of their LEAP engine operations, preparations for the introduction of the LEAP-1B engine are underway with the first shop visit expected in 2019. 9 Weekly Aviation Headline News

space industry. Its main product lines include was well-received by the market and signifies FINANCIAL NEWS actuation and hydraulic systems as well as land- approval of Zephyrus’ long-term approach,” ing gear products. Management is updating its said Zephyrus CEO Damon J. D’Agostino. CDB Aviation closes US$700 million se- sales guidance for fiscal 2019 to reflect the CESA cured portfolio financing acquisition. Management now expects sales for fiscal 2019 to be in the range of CA$460 million CDB Aviation, a wholly owned Irish subsidiary ETC releases fiscal 2019 second-quarter to CA$470 million, representing an increase of of China Development Bank Financial Leas- results approximately 20% over last year. Capital ex- ing (CDB Leasing), has successfully closed a penditures are expected to be approximately Environmental Tectonics Corporation has re- secured portfolio financing facility for US$700 CA$20 million. Management is also issuing new leased its financial results for the thirteen- million, covering a fleet of 19 Airbus and Boe- long-term sales growth guidance reflecting both week period ended August 24, 2018 (2019 ing aircraft.b“Diversifying financing sources at the Beaver acquisition completed last July and second quarter). a competitive cost of capital is a key objective the CESA acquisition. Management expects fis- Net income attributable to ETC was US$0.4 for CDB Aviation, and we appreciate the strong cal 2022 sales in the range of CA$620 million to million in both the 2019 second quarter and support from our banking partners in concluding CA$650 million. (€1.00 = US$1.15 = CA$1.49 at the 2018 second quarter. Although most items this transaction,” said CDB Aviation Chief Finan- time of publication.) contributing to net income attributable to cial Officer Will Gramolt. The seven-year facility ETC remained flat quarter over quarter, there is provided by a group of eight banks, consist- ing of: BNP Paribas, Crédit Agricole Corporate & was a US$0.1 million increase in operating expenses that was offset by a US$0.1 million Investment Bank, ING Bank, National Australia Zephyrus Aviation Capital announces decrease in other expenses, net. Net sales in Bank, Natixis, Société Générale, Sumitomo Mit- closing of ZCAP 2018-1 sui Trust Bank, and Westpac Banking Corpora- the 2019 second quarter were US$10.3 mil- tion, each acting as Mandated Lead Arranger. Zephyrus Aviation Capital, a fleet management lion, an increase of US$0.2 million, or 1.6%, Crédit Agricole Corporate & Investment Bank is solutions provider focused on older and end- compared to 2018 second-quarter net sales of acting as Facility Agent. The Security Trustee is of-life aircraft and engine leasing & trading, US$10.1 million. The increase reflects higher Bank of Utah. Allen & Overy acted as counsel for has closed the Company’s first structured ABS international sales, especially within the com- the Mandated Lead Arrangers. Clifford Chance financing, ZCAP 2018-1. Zephyrus Capital Avia- pany’s Aerospace segment, offset, in part, by represented CDB Aviation. tion Partners 2018-1 Ltd and Zephyrus Capital a decrease in domestic sales, especially within Aviation Partners 2018-1 LLC (the Borrowers) its CIS segment. Gross profit for both the 2019 will borrow US$336.6 million, which will be second quarter and the 2018 second quarter used to finance the acquisition of a diversified was US$3.7 million. Gross profit margin as a Héroux-Devtek completes acquisition of portfolio of 21 in-production, predominantly percentage of net sales also remained rela- CESA narrow-body aircraft on lease to 19 lessees in tively flat, quarter over quarter, at 36.4% for Héroux-Devtek a leading international manu- 14 countries, from Dublin-based Avolon. ZCAP the 2019 second quarter compared to 36.5% facturer of aerospace products, has successfully 2018-1 is comprised of a single Class A tranche for the 2018 second quarter. completed the acquisition of Compañia Espa- of loans in the initial principal amount of ñola de Sistemas Aeronáuticos, S.A. (CESA), a US$336.6 million with a fixed coupon of 4.605% yielding 5.153%. The loans have an initial loan- subsidiary of Airbus SE for a purchase price of BOC Aviation signs US$750 million syndi- to-value ratio (calculated as the note amount €137 million (approximately CA$206 million) en- cated loan terprise value, including CESA’s net outstanding divided by the lower of the mean and median debt of €23 million euros (approximately CA$35 of appraisers’ base values and current market BOC Aviation has signed a US$750 million un- million), subject to customary closing adjust- values) of 74% and have been rated A / A by secured syndicated Loan Facility with a tenor ments. The transaction was funded through a S&P Global Ratings and Kroll Bond Rating Agen- of five years. Following a strong response combination of a CA$50 million seven-year un- cy, respectively. This financing event marks from lenders after its launch into general syn- secured subordinated term loan provided by the ‘ground breaking’ combination of a newly dication, the Facility was increased to a final Fonds de solidarité FTQ, the Corporation’s re- launched company acquiring a substantial port- size of US$750 million from an initial launch volving credit facility and available cash on hand. folio directly into an ABS structure. “We are amount of US$500 million. The Facility is BOC In connection with this acquisition, the Corpora- pleased to see such strong demand for our ini- Aviation’s largest single tranche unsecured tion’s credit facility was amended, increasing the tial ‘out-of-the-box’ ABS. With a book that was term loan financing transaction. The bor- borrowing limit to CA$250 million from CA$200 more than two times oversubscribed by knowl- rower under the Facility is BOC Aviation (Ire- million. Headquartered in Madrid, Spain, CESA edgeable and quality investors, our transaction land) Limited and the Facility is guaranteed by is a leading European provider of fluid mechani- structure – of a single-tranche loan format with BOC Aviation. Agricultural Bank of China Lim- cal and electromechanical systems for the aero- significant equity fully-retained by Zephyrus – ited, Singapore Branch, BNP Paribas, Citigroup 10 Weekly Aviation Headline News

FINANCIAL NEWS

Global Markets Singapore Pte. Ltd. DBS Bank Ltd., Development Bank of Japan Inc., The Hongkong and Shanghai Banking Corporation Limited, MUFG Bank, Ltd, Oversea-Chinese Banking Corporation Limited, United Overseas Bank Limited and Westpac Banking Corpora- tion are the Original Mandated Lead Arrangers and Bookrunners (the OMLABs) for the Facil- ity. Participating in the Facility are 19 financial institutions, including the OMLABs.

Military and Defence

Embraer successfully performs first flight Air BP supplies BP Biojet Photo: Air BP of series production KC-390 multi-mission airlift Neste, a renewable products producer and Air BP, the international aviation fuel products and services supplier, have entered into an agreement to explore opportunities to increase the Embraer achieved another important milestone supply and availability of sustainable aviation fuel for airline customers. Through this innova- with the completion of the maiden flight of the tive collaboration, Neste’s knowledge and manufacturing solutions for producing and blending first series production multi-mission medium renewable jet fuel will be brought together with Air BP’s customer relationships, expertise airlift KC-390. As agreed with the Brazilian Air in developing efficient and effective supply chains, as well as their certification and product Force, the aircraft will now join the flight test quality assurance capabilities. One goal of the cooperation will be complementary efforts to campaign, in which more than 1,900 flight hours bring a co-branded sustainable aviation fuel to market at airports across Air BP’s global net- have already been logged. Civil certification of work. Sustainable aviation fuel is made by blending conventional, fossil-based kerosene with the basic aircraft will be granted by Brazilian avi- renewable hydrocarbons produced from, for example, recycled cooking oil. It is then certified ation authority ANAC (Agência Nacional de Avi- as “Jet-A1” fuel and can be used in aircraft without requiring any technical modifications. -Fly ação Civil) and is expected to be achieved very ing on sustainable aviation fuel reduces crude oil consumption and produces lower lifecycle soon. Embraer´s KC-390 is a tactical transport carbon emissions compared to conventional jet fuel. The aviation industry has set ambitious aircraft designed to set new standards in its cat- targets to mitigate greenhouse gas emissions from air transportation, including carbon-neutral egory while presenting the lowest life-cycle cost growth from 2020 and beyond, and a 50% reduction of net aviation carbon emissions by 2050. in the market. It can perform a variety of mis- Currently, sustainable aviation fuel offers the only viable alternative to fossil liquid fuels for sions such as cargo and troop transport, troop powering commercial aircraft. Collaborations between forward-thinking companies like Neste and cargo air delivery, aerial refueling, search and Air BP will be needed to enable the aviation industry to continue to connect the world, but and rescue, and forest fire fighting. do so with reduced greenhouse gas emissions. Both companies have already demonstrated their leadership in this area. Neste’s MY Renewable Jet Fuel™ has proven its technical capabil- ity in thousands of commercial flights. It can be easily adopted by airlines without the need for additional investment in new jet engines or segregated fuel distribution systems. It is pro- OTHER NEWS duced from renewable and sustainable raw materials, thus significantly reducing greenhouse gas emissions over the life-cycle. Air BP has supplied BP Biojet in the Nordics since 2014 at Japan Airlines (JAL) has filed an application with around 10 airports, including Oslo where they were the first to supply sustainable aviation fuel Japan’s Ministry of Land, Infrastructure, Trans- through the existing airport fueling infrastructure, in an earlier collaboration with Neste and port and Tourism (MLIT) seeking immunity from other key Norwegian and industry stakeholders. antitrust laws to create a joint venture (JV) with . If approved, the carri- ers` will jointly feature over 50 cities in Japan and over 80 on China`s domestic routes, provid- ing countless advantages for consumers in both countries. Since the two airlines began offering ity, now needs to recruit 250 pilots school in Europe, recognized worldwide for its codeshare flight operations in 2002, JAL and per year. The company has therefore decided high standards of admissions and the excellence China Eastern have offered premium services on to reopen its cadet pilot programme eight years of its training. For 70 years, ENAC has been train- their respective network. The antitrust immu- after it was suspended. The first trainee pilots ing pilots for airlines around the world, includ- nized JV will allow the two companies to further started at ENAC (French Civil Aviation School) ing four of the ten largest airlines in the world, coordinate marketing, sales, and product devel- this summer with an eight-month theoretical including Air France. opment efforts to create more benefits for their training course at the Toulouse campus. The ca- mutual customers. dets will then continue for one year of practical flight training at the Montpellier, Carcassonne, WestJet is launching its first three Boeing 787-9 Grenoble and St-Yan campuses before joining Dreamliner international destinations from Cal- Driven by natural departures and significant the Air France group as pilots on Airbus A320s gary. WestJet becomes the first Canadian airline growth in Air France, Joon and Transavia capac- or Boeing 737s. ENAC is a leading pilot training to base its Dreamliner aircraft out of YYC Calgary 11 Weekly Aviation Headline News

PASSENGER STATISTICS - September

• Norwegian has reported strong by 3.3% to 2.9 million in Septem- • WestJet announced September than in the corresponding period passenger growth as it carried ber 2018, while scheduled capac- 2018 traffic results with a load of 2017. The number of passen- almost 3.5 million passengers in ity and traffic increased by 2.4% factor of 79.2%, a decrease of 1.2 gers grew in Asian traffic 5.5%, September. The total number of and 4.8%, respectively. Scheduled points year over year. Traffic in- in European traffic 10.0% and passengers increased by 9% com- passenger load factor increased creased 9.7% year over year, while in domestic 3.1%, while it de- pared to the same month in the by 1.8 percentage points to 78.0%. capacity grew 11.3% over the creased in North American traffic previous year. The total traffic same period. WestJet welcomed by 1.0%. Finnair’s overall capacity growth increased by 31% in Sep- an additional 137,000 guests in increased in September by 13.2% tember, driven by a 32% capacity • Southwest Airlines has reported September, a year-over-year in- year-on-year. Traffic grew by 7.2%, growth. The load factor was 88.8% that traffic in September 2018 crease of 7.1%. Year-to-date traf- while the load factor decreased down 0.9 points compared to the increased 5.3% from September fic growth continues to outpace year-on-year by 4.6% points to previous year. 2017, while Capacity increased capacity additions. 80.8%. 6.8% compared to the previous year. The September 2018 load • SAS has released that the total factor was 80.5%, compared with • In September, Finnair carried number of passengers increased 81.7% in September 2017. 1,159,400 passengers, 7.8% more

OTHER NEWS

International Airport. WestJet is launching non- stop service on board its Dreamliners from Cal- gary to London (Gatwick), Paris and Dublin on April 28, May 17 and June 1, 2019, respectively. “Alberta’s connectivity to the rest of the world is vital for our economy,” said Ed Sims, WestJet President and CEO. “WestJet is investing in Al- berta to bring further economic growth, boost tourism to the province, and to further position our city as an international aviation hub. We are excited to bring Albertans to the world and the world to Alberta.” The international scheduled service between Calgary and London (Gatwick), Paris and Dublin will support 650 full-time jobs and CA$100 million in total economic output. This is in addition to WestJet’s yearly economic output of more than CA$5 billion, that supports more than 32,000 direct and indirect jobs in Alberta. Overall WestJet’s national economic United Airlines unveiled its state-of-the-art flight training center in Denver, Colorado Photo: United impact on Canada annually generates CA$17.4 billion and supports more than 153,000 jobs. United Continental Holdings (United) has begun the expansion of its current flight-training The three new flights from the UK and - West Center in Denver, Ohio which will turn it into the biggest facility of its type. At a ceremony to ern Europe are expected to eventually bring up mark the occasion on Tuesday October 9, United’s CEO Oscar Munoz commented that this was to 185,000 visitors to Calgary on a yearly basis, a symbol of the carrier’s rebirth. The current facility has seen existing buildings in the former helping to also increase local tourism. Stapleton Airport grounds rededicated to the creation of a training center which, along with The first of 10 Boeing 787-9 Dreamliners ordered the construction of new buildings, will provide capacity for a total of 40 simulators which will by WestJet will arrive in Calgary early in 2019, be used not only for training United pilots, but also those of other airlines. 32 of the simulators with two more arriving by April. The aircraft will are in existence and a further 8 will be housed in the new two-story building currently under operate on domestic flights for crew training and construction. The oldest of the simulators at the facility is a Boeing 767 simulator for aircraft, regulatory compliance before the first scheduled which has been in use since the mid-1980s, while the newest are for Airbus A320 airliners and international flight in April. WestJet also has op- which have modern digital displays. In addition, the campus will have facilities where flight tions for an additional ten aircraft to arrive be- attendants can train on evacuation and other emergency procedures using the real exit row tween 2020 and 2024. Hub locations and routes and aircraft door configuration of the more than nine aircraft types United currently flies. for the remaining seven aircraft have not yet United has invested about US$150 million renovating the 462,000 ft² of existing buildings, been announced. (US$1.00 = CA$1.30 at time of while the new, 100,000 ft² building is expected to cost US$40 million. The city of Denver and publication.) the Colorado Office of Economic Development and International Trade have committed to paying United more than US$13 million over the next eight years if the training center expan- sion hits certain benchmarks for job creation and capital investment. Each of United’s 12,500 ADSoftware has announced an official partner- pilots will train at least every nine months at the facility, and the center, once construction is ship with aircraft manufacturer ATR, the leader finished, will employ 850 people. for regional aircraft up to 80 seats. The collabora- 12 Weekly Aviation Headline News

(3 million passengers), followed by Italy (2.6 mil- ment that is currently in existence. However, OTHER NEWS lion). The long-haul segment posted an even while airlines have backed plans for the privati- higher growth rate than European traffic. Routes zation of the U.S. air traffic control system, -law tion is set to commence in October 2018. A lead- connecting Munich with intercontinental desti- makers have abandoned any plans for this to er in the manufacturing sector, the joint partner- nations carried more than 5.8 million passengers take place. Congressional negotiators have also ship between Airbus and Leonardo has over 200 in the first nine months of 2018 – a 5.2% increase dropped plans to clamp down on carriers which operators in more than 100 countries, with over over the same period in 2017. Traffic to and from charge unreasonable fees. Subsequent to a 1,500 aircraft sold to date. With a turnover of al- the USA accounted for the largest share in that number of incidents which involved the removal most US$1.7 billion, ATR aircraft are responsible segment, with an overall gain of 7.5% to approxi- of passengers once they had boarded aircraft, for over 5,000 flights per day around the world. mately 2 million passengers known as ’involuntary de-boarding’, usually to In addition to MRO and CAMO management, make room on crowded flights for crew mem- ADSoftware will work alongside ATR to develop bers who will be operating on another aircraft new processes and methods to integrate and After a period of five years, Singapore Airlines at the flight’s destination, this practise will now manage key technical data, including migration has resumed direct non-stop flight to the U.S. be barred. Legislation will also force carriers to to new aircraft and phase-in/phase-out process- with a 19-hour flight from Singapore to New be more transparent and efficient with the dis- es. With these new features aircraft data integra- York. The Southeast Asian carrier intends to tribution of information regarding delayed and tion will be quick and easy, allowing the operator also restart non-stop flights to Los Angeles and canceled flights. According to Transportation to save time and money in the process. add San Francisco to its non-stop services next and Infrastructure Committee Chairman Bill month. Back in 2013 the airline stopped its di- Shuster (R-Pa.) “The many reforms in this law rect flights to Newark as high fuel prices at the will help strengthen American leadership in avia- Commsoft’s MRO IT system, OASES, has been time made the route, using four-engine Airbus tion, create jobs, and improve safety and service chosen by private charter and aircraft manage- A340-500 jets, unprofitable. Instead, the carrier for passengers.” ment company, Interflight Technical Services, flew to New York’s JFK Airport via Frankfurt, and based at Biggin Hill in Kent. Replacing the compa- Los Angeles via Tokyo and Seoul. With the place- ny’s existing MRO IT software, OASES will be used ment of an order for seven Airbus twin-engine for the CAMO control of two Hawker 800 business A350-900ULRs (Ultra Long Range) in 2015 and INDUSTRY PEOPLE jets and will be deployed to support engineering the commencement of their delivery this month operations in its hangar. Implementation of the making Singapore Airlines the launch customer OASES system is already underway. Renowned • The International for this member of the A350 family, the first Air Transport As- for the combination of its technical sophistica- flight to New York will take place Thursday, Oc- tion and intuitive user interface, OASES features sociation (IATA) has tober 12. The A350-900ULRs are fitted with announced that a modular structure to provide for both flexibility just 161 business class and premium economy and scalability. Interflight will be using the Core, Karen Clayton will seats only, with no economy class seats. Based Airworthiness, Planning, Material Management, join IATA as the As- on travel industry data, non-stop ultra-long-haul Production, Warranty and Commercial modules sociation’s Corpo- flights can usually command an airfare premium which will be accessed through Commsoft’s Pri- rate Secretary, ef- of around 20 percent compared to those involv- vate Cloud service. fective April 2019. ing one or more stop. However, according to Karen Clayton Clayton comes to Brendan Sobie, Chief Analyst, CAPA Centre for IATA from Air New Munich Airport has continued its impressive Aviation, Singapore Airlines has been offering Zealand where she has held the role of performance through the end of the third quar- low initial fares on its U.S. non-stop routes for as General Counsel and Company Secre- ter 2018. Passenger traffic in the first three quar- little as S$1,438 ($1,040) return for a premium tary since 2016. As Corporate Secretary, ters of the year was up 3.0%, or nearly 1 million economy seat on its Singapore-Newark route. Clayton will ensure the integrity of IATA’s passengers, to a new record of over 35 million “While it’s early days, there will be questions governance framework, including man- passengers. This dynamic trend produced a whether the latest attempt at U.S. nonstops will agement of the Association’s Board of number of all-time highs for the airport in the be profitable for Singapore Airlines given the Governors and its various committees. third quarter alone: With over 13 million pas- very intense competition in the Singapore-U.S. The IATA Board of Governors is elected by sengers, the airport set a new quarterly record. market, rising fuel prices and the large number the Association’s 290-strong membership September 2018, with around 4.5 million pas- of premium seats Singapore Airlines has to fill and consists of CEOs from 31 airlines and on the seven newly delivered A350-900ULRs,” sengers, entered the record books as Munich’s IATA’s Director General and CEO. busiest-ever month. On Friday September 28, Sobie is quoted as saying. the Bavarian hub handled more than 170,000 passengers on a single day for the first time in • AJW Group has its history. There was also a 1% year-on-year in- President Donald Trump has signed legislation appointed Youssef crease in the number of take-offs and landings to passed by Congress which will extend FAA policy Bahsoun as Techni- more than 310,000 flights. During the same pe- for a further five years under the FAA Reauthori- cal Services Man- riod, the volume of air cargo handled in Munich zation Bill. There are a number of provisions in ager. Youssef will was about 3% lower, at approximately 262,000 the Reauthorization Bill which have drawn atten- be based at AJW tons. International traffic remains the main driv- tion, in particular the “Seat Egress in Air Travel Technique, the er of the steady growth in the number of pas- (SEAT) Act,” which will force the FAA to set spe- company’s state- sengers travelling to and from Munich. Within cific standards for minimum seat sizes on com- of-the-art MRO fa- Europe alone, more than 22 million passengers mercial planes, principally their width and the Youssef Bahsoun cility in Montreal, used Munich Airport’s extensive route network. space between them. The FAA has been given a and starts his new This represents an increase of 4.4%. Once again, year in which to come up with the new guide- role on October 9. He will lead the key the most popular country for travelers was Spain lines, though many fear that the new regulations technical relationship with Bombardier may end up codifying the tightest seat arrange- 13 Weekly Aviation Headline News

INDUSTRY PEOPLE Recommended Events

Business Aircraft as part of AJW’s long- term repair management contract with them and will also manage component reliability for all of AJW’s power-by-the- hour (PBH) customers in the Americas re- gion. Bahsoun has extensive experience in the aerospace sector, especially com- ponents maintenance. During his career at Air Canada Technical Services (ACTS), MRO Europe he held the position of Sr. Manager En- October 16 - 18, 2018 – Amsterdam gineering Components Maintenance and chaired an AMC Industry Working Group Aircraft Economic Life Summit 2018 November 20, 2018 – Gibson Hotel, Dublin, Ireland on the “aspects of NFF and its impact on components reliability”. Prior to Joining AJW Group, Youssef held senior positions at Air Canada, GAMCO / Gulf Air, ACTS / AVEOS and Emirates including the posi- tion of Chief of Office of Airworthiness for the airline’s EASA Part 21 Design Or- ganisation.

• The Board of Di- Click here for more aviation events rectors of Airbus has selected Guil- laume Faury as the future Airbus Chief and alliances. Sean Doyle, originally from Executive Officer Cork, will take up his new role on January (CEO). Faury, who 1, 2019. He joined British Airways in 1998 currently serves as and has undertaken financial, strategy, President Airbus commercial and alliance roles for British AviTrader Publications Corp. Guillaume Faury Commercial Air- Airways, culminating in his appointment Suite 305, South Tower craft, will succeed to the airline’s executive management 5811 Cooney Road committee in 2016. Tom Enders who remains CEO until the Richmond, BC Annual General Meeting (AGM) on April Canada V6X 3M1 10, 2019, when the appointment of Faury • Bombardier has as executive member of the Board will named Sam Ab- be submitted to shareholders. Guillaume delmalek as Chief Publisher Faury served in various senior manage- Transformation Peter Jorssen ment roles at Eurocopter from 1998 to and Supply Chain Tel: +1 604 318 5207 2008. Starting in Engineering, then Flight Officer, effective Test, he later became Executive Vice Pres- October 10, 2018. ident for Commercial Programmes, then Abdelmalek will Editor Executive Vice President for Research report directly to Heike Tamm and Development. In 2009, Faury joined Sam Abdelmalek Alain Bellemare, [email protected] Peugeot S.A., where he served as Execu- President and Chief Tel: +34 (0) 971 612 130 tive Vice President for Research and De- Executive Officer, Bombardier Inc. In this velopment as a Member of the Managing position, he will assume responsibility Board. In May 2013, Faury returned to for the continued transformation of the Advertising Inquiries and Airbus as CEO of Airbus Helicopters and company’s operations and lead the com- Customer Support in early 2018 he took the helm of Airbus pany’s supply chain activities to reduce Jenny Vogel Commercial Aircraft. costs and improve efficiency and quality [email protected] to support Bombardier’s growth objec- Tel: + 49 (0) 8761 346 007 • Aer Lingus chief executive Stephen Ka- tives. Abdelmalek brings almost 30 years vanagh will step down on January 1, 2019 of aerospace and industrial experience but will remain on the airline’s board as to Bombardier. Most recently, he served For inquiries and comments, a non-executive director. He will be suc- as Vice President, Global Supply Chain at please email: ceeded as Chief Executive and Executive Pratt & Whitney. [email protected] Director by Sean Doyle, who is currently British Airways director of network, fleet Page 1 of 4 October 15, 2018

Commercial Jet Aircraft Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone

A319-100 ORIX Aviation V2522-A5 1604 2001 Q1/2019 Sale Oisin Riordan [email protected] +353 86 335 0004

A319-100 ORIX Aviation V2522-A5 1445 2001 Q4/2019 Sale Oisin Riordan [email protected] +353 86 335 0004

A320-200 ORIX Aviation V2527-A5 4603 2011 Q1/2020 Lease Oisin Riordan [email protected] +353 86 335 0004

A320-200 Castlelake V2527-A5 2161 2003 Q1/2019 Lease Michael Hackett [email protected] +44 20 7190 6120

A321-200 Castlelake V2533-A5 3274 2007 Q4/2019 Lease Michael Hackett [email protected] +44 20 7190 6120

A321-231 Aircraft Recycling Intern. V2533-A5 3241 2007 Q4/2019 Lease Gabrielle Du [email protected] +852 37537347

[email protected] A321-231 Aircraft Recycling Intern. V2533-A5 3251 2007 Q4/2019 Lease Gabrielle Du +852 37537347 A330-200 Castlelake CF6-80E1A4 473 2002 Q4/2019 Lease Michael Hackett [email protected] +44 20 7190 6120

A330-200 Castlelake CF6-80E1A4 489 2003 Q4/2020 Lease Michael Hackett [email protected] +44 20 7190 6120

B737-5H6 Bristol Associates CFM56-3C1 26445 1992 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000

B737-800 ORIX Aviation CFM56-7B24E 40317 2012 Q4/2019 Sale / Lease Oisin Riordan [email protected] +353 86 335 0004

B737-800 ORIX Aviation CFM56-7B26/3 29660 2007 Q1/2020 Lease Oisin Riordan [email protected] +353 86 335 0004

B737-800 Willis Lease soon Sale / Lease Nick Pittler [email protected] +1 (415) 408-4775

B737-800 soon Sale / Lease Nick Pittler [email protected] +1 (415) 408-4775

B747-400 Bristol Associates 28812 1999 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000

B747-400 Bristol Associates 30023 2000 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000

B757-223 (7x) Jetran RB211-535E4B various 91/92 Now Lease Nick Blowers [email protected] +1 (210) 269 3471 Regional Jet / Turboprop Aircraft Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone

ATR72-500F Castlelake PW100-127F 0585 1999 Now Sale Michael Hackett [email protected] +442071906120

CRJ-200LR Regional One CF34-3B1 7369 2000 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

CRJ-700 Regional One CF34-8C5B1 10205 2005 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

CRJ-900LR Regional One CF34-8C5 15111 2007 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

DASH8-311 Regional One PW123B 325 1992 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

Do328-100 Jetran PW119B 3049 1996 Now Sale Nick Blowers [email protected] +1 (210) 269 3471

Do328-110 Jetran PW119B 3024 1994 Now Sale Nick Blowers [email protected] +1 (210) 269 3471

Do328-110 Jetran PW119B 3034 1995 Now Sale Nick Blowers [email protected] +1 (210) 269 3471

ERJ-170LR AerFin CF34-8E 1700123 Now Sale / Lease Auvinash Narayen [email protected] +44 (0) 7766384581

ERJ-145LR Regional One AE3007A1 145304 2001 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

ERJ-145LR Regional One AE3007A1 145331 2000 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

SF340B C&L Aviation Group CT7-9B 194 1990 Now Sale / Lease Fred Dibble [email protected] +1 207-217-6128

SF340B+ C&L Aviation Group CT7-9B 425 1997 Now Sale Donald Kamenz [email protected] +1 207-217-6259

Saab 340B+ C&L Aviation Group CT7-9B 368 1994 Now Sale Donald Kamenz [email protected] +1 207-217-6259

SF340A Cargo C&L Aviation Group CT7-5A 046 1986 Now Sale Fred Dibble [email protected] +1 207-217-6128

Aircraft Parts eMarketplace

Component solutions you can trust with the world’s Browse Parts from most powerful independent rotable inventory over 3,000 Vendors on April 20, 2015 www.gatelesis.com May 18, 2015 Page 2 of 4 October 15, 2018

Commerical Engines Multiple Types Sale / Lease Company Contact Email Phone

Multiple Engines GE / CFM / RB211 Now - Sale / Lease GECAS Engine Leasing Sherry Riley [email protected] +1(513)782-4272

AE3007 Engines Sale / Lease Company Contact Email Phone

(3) AE3007A1P Now - Sale/Lease/Exch. Regional One Miguel Bolivar [email protected] +1 786-623-3936

(1) AE3007A1 Now - Sale/Lease/Exch. Rolls-Royce & Partners Finance Ben Ferguson [email protected] +44 7807 969 372

CF34 Engines Sale / Lease Company Contact Email Phone [email protected] CF34-8E5 Now - Lease Lufthansa Technik AERO Alzey Kai Ebach +49-6731-497-368

CF34-10E Now - Lease

CF34-8C Now - Lease

CF34-3B1 Now - Lease

CF34-3A Now - Sale / Lease

(2) CF34-8C5B1 Now - Sale / Lease Regional One Chris Furlan [email protected] +1(305) 759-0670 Ext.164

(1) CF34-3B1 Now - Sale / Lease

(2) CF34-10E7 Now - Sale/Lease/Exch. Werner Aero Cliff Topham [email protected] +1-703-402-7430

(1) CF34-8E5 Now - Sale / Lease AerFin Oliver James [email protected] +44 (0) 7930463293

(1) CF34-10E7 Now - Sale / Exchange Willis Lease Nick Pittler [email protected] +1 (415) 408-4775

(1) CF34-8E5A1 Oct 18 - Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204x202

(1) CF34-10E5 Now - Lease Engine Lease Finance Declan Madigan [email protected] +353 61 291717

(1) CF34-10E6 Now - Lease

(1) CF34-10E7 Now - Lease

CF34-8E(s) Now - Sale / Lease GECAS Engine Leasing Sherry Riley [email protected] +1 (513) 782-4272

Sale / Lease Company Contact Email Phone CF6 Engines (1) CF6-80C2A2 Oct 18 - Sale / Lease Castelake Stuart MacGregor [email protected] +442071906138

(1) CF6-80C2A2 Dec 18 - Sale / Lease

(1) CF6-80C2B7F Now - Sale Willis Lease Nick Pittler [email protected] +1 (415) 408-4775

CFM Engines Sale / Lease Company Contact Email Phone

(1) CFM56-7B26/E Now - Lease Engine Lease Finance Declan Madigan [email protected] +353 61 291717

(1) CFM56-7B26/3 Now - Lease

(1) CFM56-7B27 Now - Lease

(1) CFM56-7B24/3 Now - Lease Willis Lease Jennifer Merriam [email protected] +1 (415) 408 4742

(1) CFM56-7B26 Soon - Lease Jennifer Merriam [email protected] +1 (415) 408 4742

(1) CFM56-3C1 Soon - Lease Jennifer Merriam [email protected] +1 (415) 408 4742

(1) CFM56-3B1 Soon - Sale/Lease/Exch. David Desaulniers [email protected] +1 415 516 4837

(1) CFM56-5A Now - Sale Nick Pittler [email protected] +1 (415) 408-4775

(1) CFM56-5B6/2P Now - Sale Nick Pittler [email protected] +1 (415) 408-4775

(1) CFM56-7B24/3 Soon - Sale/Lease/Exch. Nick Pittler [email protected] +1 (415) 408-4775

(1) CFM56-7B27 Now - Sale / Exchange Nick Pittler [email protected] +1 (415) 408-4775

GECAS ® Engine Leasing

X � Engine Lease Finance Page 3 of 4 October 15, 2018

Commerical Engines (cont.) (2) CFM56-5A Now - Sale GECAS Engine Leasing Sherry Riley [email protected] +1(513)782-4272

(1) CFM56-5B Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham [email protected] +1-703-402-7430

(1) CFM56-7B Now - Sale/Lease/Exch.

(1) CFM56-5B3/P Dec 18 - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202

(1) CFM56-7B26 Jan 19 - Sale / Lease

CT7 Engines Sale / Lease Company Contact Email Phone

CT7-9B Sale C&L Aviation Group Martin Cooper [email protected] +1 207-217-6106

JT8D and JT9D Engines Sale / Lease Company Contact Email Phone

(1) JT8D-217C Now - Sale AZURE RESOURCES INC. Jeff Young [email protected] 1-954-249-7935

GEnx Engines Sale / Lease Company Contact Email Phone

(1) GEnx Soon - Lease Willis Lease Jennifer Merriam [email protected] +1 (415) 408 4742

LEAP Engines Sale / Lease Company Contact Email Phone

(1) LEAP-1A33 Now - Lease Willis Lease Jennifer Merriam [email protected] +1 (415) 408 4742

(2) LEAP-1B28 Soon - Lease

PW Small Engines Sale / Lease Company Contact Email Phone

(1) PW121 Now - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202

(1) PW123B/D/E Now - Sale / Lease

(1) PW124B Now - Sale / Lease

(1) PW127E/F/M Now - Sale / Lease

(1) PW150A Now - Sale / Lease

(1) PW121 Now - Sale/Lease/Exch. Willis Lease David Desaulniers [email protected] +1 415 516 4837

(1) PW124B Now - Sale/Lease/Exch.

(2) PW123 Now - Sale/Lease/Exch.

(1) PW127 Now - Sale/Lease/Exch.

(1) PW150A Now - Sale/Lease/Exch.

(1) PW127M Now - Sale/Lease/Exch.

(1) PW120A Now - Sale / Lease Regional One Chris Furlan [email protected] +1(305) 759-0670 Ext.164

(1) PW120 Now - Sale/Lease/Exch. Miguel Bolivar [email protected] +1 (786)-623-3936

(1) PW123E Now - Sale/Lease/Exch. Miguel Bolivar [email protected] +1 (786)-623-3936

(4) PW126 Now - Sale/Lease/Exch. Miguel Bolivar [email protected] +1 (786)-623-3936

(1) PW121 Now - Sale/Lease/Exch. Miguel Bolivar [email protected] +1 (786)-623-3936 [email protected] PW119B RGB Now - Lease Lufthansa Technik AERO Alzey Kai Ebach +49-6731-497-368

PW119B Now - Lease

PW120A Now - Lease

PW121 (ATR) Now - Lease

PW124B Now - Lease

PW123B Now - Lease

PW125B Now - Lease

PW127F Now - Lease

PW150A Now - Lease

PW127M Now - Lease

PW150A RGB Now - Lease

PW127 Sale C&L Aviation Group Martin Cooper [email protected] +1 207-217-6106

(1) PW124B Now - Sale/Lease/Exch. Logix.Aero Jean-Christian Morin [email protected] +33.6.4782.4262

(2) PW127E/F Remi Krys [email protected] +33.6.2079.1039

(4) PW127M

(1) PW120 / PW121 Now - Sale / Lease Royal Aero Calum MacLeod [email protected] +49 8025 993610 Page 4 of 4 October 15, 2018

Commerical Engines (cont.) (1) PW4056-3 Now - Sale/Lease Jet Midwest Kevin Lee [email protected] +1-310-652-0296

(1) PW4168 Soon - Sale Willis Lease Nick Pittler [email protected] +1 (415) 408-4775

RB211 Engines Sale / Lease Company Contact Email Phone

(1) RB211-535 Now - Sale / Lease Jet Midwest Dave Williams [email protected] +1-817-791-4930

Trent Engines Sale / Lease Company Contact Email Phone

(2) Trent 892 Now - Sale / Lease TrueAero, LLC. Matt Parker [email protected] +1 469-607-6110

(4) Trent 556 Now - Sale / Lease

(1) Trent 772B Now - Sale/Lease/Exch. Rolls-Royce & Partners Finance Ben Ferguson [email protected] +44 7807 969 372

V2500 Engines Sale / Lease Company Contact Email Phone

(2) V2533-A5 Now - Sale/Lease/Exch. Rolls-Royce & Partners Finance Ben Ferguson [email protected] +44 7807 969 372

(1) V2533-A5 Now - Sale / Exchange Willis Lease Nick Pittler [email protected] +1 (415) 408-4775

(1) V2533-A5 Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham [email protected] +1-703-402-7430 Aircraft and Engine Parts, Components and Misc. Equipment Description Company Contact Email Phone

(1) A320-200 Landing Gear Now - Sale/Lease/Exch. TrueAero, LLC Matt Parker [email protected] +1 469-607-6110

A340-300/A330 Landing Gear Now - Sale/Lease/Exch.

A340-600 Landing Gear Now - Sale/Lease/Exch.

B777-200 Landing Gear Now - Sale/Lease/Exch.

Trent5562 Inlet Cowls & Fan Cowls Now - Sale/Lease/Exch.

Trent892 Inlet Cowls and Fan Cowls Now - Sale/Lease/Exch.

V2500-A5 Inlet Cowls & Fan Cowls Now - Sale/Lease/Exch.

CF6-80E Trust Reversers,Inlets & Fan Cowls Now - Sale/Lease/Exch.

(1) GTCP331-500B Now - Sale/Lease/Exch.

767-300ER 413K, 737-300 LANDING GEAR Now - Sale/Lease/Exch. AZURE RESOURCES INC. Jeff Young [email protected] 1-954-249-7935

GTCP36-300A, GTCP85-98DHF APU Now - Sale/Lease/Exch.

A320 Nose Landing Gear Now - Sale/Lease/Exch.

CFM56-3 LPT MODULE, REPAIRED Now - Sale/Lease/Exch.

CFM56-3 ENGINE STAND Now - Lease

(1) GTCP36-150RJ, (2) GTCP36-100M, Now - Sale/Lease/Exch. Regional One Miguel Bolivar [email protected] +1 (786)-623-3936

(1) RE220RJ, (1) PW126 RGB, (1) PW901A

(1) APS1000-C12, (1) APS1000-C3

GTCP131-9A (2), GTCP131-9B(2) Now - Lease REVIMA APU Olivier Hy [email protected] +33(0)235563515

GTCP331-200, GTCP331-250 Now - Lease

APS500C14(3), APS1000C12(2), APS2000 Now - Lease

APS2300, APS3200(2), APS5000(2) Now - Lease

Now - Sale / Lease PW901A(4), PW901C(2) Now - Sale TSCP700-4E Neutral CFM56-5B & CFM56-7B QEC Kits Now - Sale CFM Materials Michael Arellano [email protected] +1 214-988-6676

(multiple) APS2300, (1) GTCP331-350C Now - Sale / Lease AirFin Nick Filce [email protected] +44 7770 618 791

(1) GTCP36-300A, (1) GTCP131-9A

GTCP131-9A, GTCP131-9B , GTCP331-350C Now - Sale/Lease/Exch. Logix.Aero Jean-Christian Morin [email protected] +33.6.4782.4262

GTCP331-500B, GTCP331-200/250, Rich Lewsley [email protected] +44.79.0021.8657

APS3200, APS2300, GTCP85-129H

APU GTCP 331-500 Soon - Lease Willis Lease Jennifer Merriam [email protected] +1 (415) 408 4742

Engine stands now available Now - Lease

ENGINE STANDS: Trent 800, PW4000 112"/V2500 National Aero Stands [email protected] + 1 305-558-8973

/ CFM56/ PW2000 & Bootstrap kits

GTCP131-9A, GTCP 131-9B Now - Sale / Lease Werner Aero Services Julien Levy [email protected] +1 201-674-9999

737-800 Winglets Now - Sale / Lease

737-700 & 737-800 Landing Gear Now - Sale / Lease

(3) APS 2300 Now - Sale/Lease/Exch. Mike Cazaz [email protected] +1 201-661-6804

767-300 Winglets, LH-RH P/N 767-0010-5, -6, -7 & -8, SV- Now Sale Reliance Aircraft Terry Hix [email protected] +1 512-439-6988 [email protected] (2) PW901A, (1) PW901C(1), PW125B RGB Now - Lease Lufthansa Technik AERO Alzey Kai Ebach +49-6731-497-368