ISSN 1718-7966 July 24, 2017/ VOL. 600

WEEKLY AVIATION HEADLINES Read by thousands of aviation professionals and technical decision-makers every week www.avitrader.com

WORLD NEWS Primera Air to start US sched- uled service in S18 Primera Air announced the opening of three new bases in Europe: Lon- don (Stansted, STN), Paris (Charles de Gaulle, CDG) and Birmingham (BHX) for starting flights to New York (EWR airport) and Boston Lo- gan (BOS airport) in April 2018. Two more transatlantic routes from the new bases will be announced by the end of summer 2017. Flights to the US will commence in April 2018 and will be year-round. Primera Air will offer daily flights to New York easyJet will (EWR) and four weekly flights to phase the Boston from all three bases. re-registering of the remaining Lufthansa expands European aircraft. winter network Photo: Lufthansa is launching seven new winter destinations starting at the end of October: Pamplona, Genoa, easyJet Europe takes off Bari and Catania are the new des- First Austrian-registered aircraft now flying tinations available from Frankfurt. Low cost carrier easyJet has con- As the most exposed UK airline to of the remaining aircraft, around The offer from Munich will be- ex firmed that it has been awarded a single European aviation market 110 planes that are required for its tended to include Nantes, Glasgow an Air Operator Certificate (AOC) (ex UK), easyJet is right not to sit EU based operations into easyJet and Santiago de Compostela as by Austro Control and an airline around waiting for regulatory clar- Europe over the next two winters. further attractive city connections. operating licence by Austria’s Fed- ity. Other airlines are also showing This process will be completed in Due to high demand, Lufthansa eral Ministry for Transport, Innova- some signs of unease about the advance of the UK leaving the EU. will also fly to Nantes, Glasgow and Santiago de Compostela from Mu- tion and Technology (bmvit) which continued uncertainty. As CAPA re- easyJet Europe’s principal place of nich for the first time in winter. means that easyJet Europe is now ports, IAG has questioned the EU’s operational. ownership and control rules and business will be in Vienna and the Delta links Atlanta and Shanghai management Delta Air Lines is expanding in Asia On July 14 “This will ensure easyJet can continue to operate of easyJet Eu- with a new service between Harts- 2017 easyJet rope will have field-Jackson Atlanta International said that it flights both across Europe and domestically within full opera- Airport and Shanghai Pudong In- hoped to re- European countries after the UK has left the EU.” tional control ternational Airport starting in July ceive an Aus- and financial 2018.The new Atlanta flight will trian AOC “in Carolyn McCall, easyJet CEO oversight of be Delta’s fourth U.S. gateway to the near fu- the compa- Shanghai, complementing existing ture” for a new subsidiary – easyJet Ryanair has mused over how to ny. Thomas Haagensen, currently service from Detroit, Seattle and Europe – to ensure intra-EU traffic maintain EU majority control if UK easyJet’s Country Director for Ger- Los Angeles. The flight will pro- rights post Brexit. Around half of shareholders are excluded from the many, Austria and Switzerland has vide convenient one-stop access easyJet’s passengers come from definition. Wizz Air is even looking been appointed to the role of Man- to more than 150 destinations in the EU27 (the 27 countries of the at a UK licence. aging Director for easyJet Europe. the U.S. and Latin America from EU once the UK leaves) and around Shanghai. 30% fly on intra-EU27 routes. easyJet will phase the re-registering Continued on page 3

USING ANY MEANS WHEREVER, WHENEVER, NECESSARY. WE DELIVER.

WWW.AVTRADE.COM/MISSION-MONGOLIA WWW.AVTRADE.COM/MISSION-MONGOLIA www.aeroset.co.uk

Aeroset © Copyright 2017 - All Rights Reserved 3 WEEKLY AVIATION HEADLINES

...continued from page 1

Carolyn McCall, easyJet CEO said: “This announcement is the result of an extensive and thorough regulatory process in Austria and I am pleased to confirm that easyJet Europe is now flying with its first flight touching down in its new headquarters of Vienna.

“easyJet Europe has a strong management team in place, led by Thom- as Haagensen, who will oversee the transfer of the planes and people to the airline. This will ensure easyJet can continue to operate flights both across Europe and domestically within European countries after the UK has left the EU.

“In addition, like all other European airlines, we continue to lobby for an EU UK aviation agreement which, as a minimum, will enable flights between the EU and the UK.” Outgoing CEO McCall says easyjet will continue to lobby for an EU UK aviation agreement. Photo: easyJet

AIRCRAFT & ENGINE NEWS Orders and deliveries – and Airbus

AWAS to lease two Airbus A320 Aircraft to Airbus v Boeing: Orders and Deliveries Air Guilin June 2017 YTD AWAS and Air Guilin have completed the lease Airbus Boeing agreements for two Airbus A320 aircraft. These Type Orders Deliveries Type Orders Deliveries modern, fuel-efficient planes will be delivered in 2018 and are part of a direct order AWAS has A320 Family 212 239 737 262 236 with Airbus. Both aircraft will come equipped A330 3 31 747 -5 4 with CFM 56-5B4/3 PIP engines. This latest ad- dition to the Air Guilin A320 family fleet will A340 0 0 767 15 5 assist the carrier as it looks to capitalize on A350 33 30 777 37 42 China’s increasing domestic demand for leisure A380 0 6 787 75 65 and business air travel. Air Guilin currently op- erates and A320 airplanes and ex- Total 248 306 Total 384 352 pects to significantly increase their fleet size by Source: Airbus Source: Boeing the end of 2018. Airbus marked a busy June with 138 aircraft ordered from its A320 and A330 families by airlines and leasing companies – including high-profile announcements made at the – while delivering 64 jetliners during the month in the A320, A330 and A350 XWB product range. Mandarin Airlines buys six ATR 72-600s In June, Boeing racked in 184 orders with the leasing industry taking a huge chunk of orders. ATR and Taiwan’s Mandarin Airlines, a regional The deliveries tally reached 75 aircraft including 49 737s. subsidiary of Taiwan’s flag carrier China Airlines,

July 3, 2017 / Vol. 597 OUR FOCUS IS ON ENGINEUITY™

When selecting an engine maintenance provider for your CF6-80C2, CFM56-5B or your CFM56-7B, it is important to choose a partner that has a solutions-based focus. At GATES (GA Telesis Engine Services) we have 50 years of experience repairing and overhauling jet engines. It is our ENGINEUITY that has made us a world renowned engine MRO. 5 WEEKLY AVIATION HEADLINES

AIRCRAFT & ENGINE NEWS Global 7000 aircraft program surpasses 500 flight test hours have signed a contract for the purchase of six ATR 72-600s, valued at some US$160m. With the acquisition of these brand-new ATR -600s, Mandarin Airlines becomes a new member of the ATR family. In addition to the contract sign- ing, ATR is also willing to provide engineering and technical support to China Airlines and its subsidiaries to set up in-house capabilities for ATR heavy maintenance, up to C-checks.

Aeroflot expands Superjet 100 fleet to 50 with new order for 20 jets The opening day of the MAKS-2017 International Air Show, July 18, saw the signing of a contract be- tween PJSC , VEB Leasing and JSC United Aircraft Corporation, for delivery of 20 Sukhoi FTV4 and FTV5 in pre-flight bay in Toronto, Canada Photo: Bombardier Superjet 100s to PJSC Aeroflot, the Russian flag- carrying airline. The contract is a follow-up to Bombardier Business Aircraft has released that its Global 7000 aircraft flight test program is the Memorandum of Understanding signed by progressing as planned and has surpassed the 500-hour milestone. With three flight test vehi- Aeroflot and Sukhoi Civil Aircraft in January 2015, cles (FTVs) in flight testing and two remaining FTVs to join shortly, the Global 7000 aircraft pro- while the first firm contract for the delivery of 30 gram is on track to meet the aircraft’s targeted entry-into-service in the second half of 2018. SSJ100s was completed in 2016. With the addi- Bombardier also confirmed that the first several customer aircraft are progressing smoothly tion of these 20 jets, Aeroflot’s fleet of SSJ100s through production, with four Global 7000 business jets currently in final assembly at the Bom- will rise to 50, as the airline continues to operate bardier facility in Toronto, Ontario, Canada. In November 2016, Bombardier began flight test- one of the youngest fleets among the 20 larg- ing its state-of-the-art Global 7000 business jet with the of first flight test vehicle est global airlines by available seat kilometers. 1 (FTV1). FTV1 came close to surpassing the speed of sound, reaching M 0.995 during a test The ordered jets have a two-class configuration: flight in March 2017 – the largest business jet to operate so close to the sound barrier. The sec- 12 seats in the business class compartment and ond flight test vehicle (FTV2) and third flight test vehicle (FTV3) joined the program in March 75 seats in economy class, as per the currently and May 2017, respectively. The comprehensive testing conducted using the three FTVs over configured jets. The new planes will be used on the course of the 500 flight hours has demonstrated the capability of the aircraft’s propulsion, domestic flights throughout Russia, on routes to avionics, electrical and mechanical systems. This testing will account for the majority of the CIS countries, as well as to a number of European certification requirements. Two remaining flight test vehicles, FTV4 and FTV5, are currently in destinations. The first aircraft from this new order final assembly and Flight Validation Testing in a dedicated pre-flight bay and are on track to join is scheduled for delivery this summer and the full the other aircraft at Bombardier’s world-class flight test centre in Wichita, Kansas. order is expected to be completed by July 2018.

supply EL AL through its global spare parts pools in The project, Digital Propulsion, is match funded MRO & PRODUCTION NEWS Asia, America and Europe. by the United Kingdom’s Aerospace Technology Institute with a grant of £9.5m, and overseen by Innovate UK. Partners which include the UK’s Na- EL AL Israel Airlines and Lufthansa Technik tional Composites Centre, The University of Shef- sign comprehensive, long-term agreement Dowty Propellers to build new UK head- field Advanced Manufacturing Research Centre quarters and production facility The Israeli airline EL AL Israel Airlines and Lufthansa and the Manufacturing Technology Centre. Technik have signed a comprehensive, long-term Dowty Propellers, a leading manufacturer of air- agreement. In the frame of a 15-year Total Compo- craft propeller systems for both civil and military applications, has announced approvals to create nent Support (TCS) contract, Lufthansa Technik will Boeing Shanghai signs first maintenance a new facility in the Gloucester, U.K. area. This ensure the global and prompt component supply agreement with SF Airlines of the carrier’s future Boeing 787 fleet. EL AL has follows a fire in February 2015 that destroyed its ordered a total of 16 Dreamliners, with the first air- operating headquarters and blade manufacturing Boeing Shanghai Aviation Services (Boeing Shang- craft to enter service in the EL AL fleet in the third facility. It is expected that the new facility will be hai) has signed a maintenance agreement with quarter of this year. The new and exclusive TCS operational in 2019. The exact facility location will Chinese-based SF Airlines for its Boeing Classic agreement strengthens the cooperative partner- be determined by the end of this year on com- 737 and 767-300 freighters. With this contract, ship between Israel’s flag carrier and the Hamburg, pletion of a tender process to ensure that the Boeing Shanghai has made a major step forward Germany-based maintenance, repair and overhaul best combination of cost and efficiency canbe to expand its aircraft maintenance services in the provider. The contract covers the global availability achieved. Dowty Propellers has also announced fast-growing Chinese cargo market. The first air- of Boeing 787 components. In addition to stocking the commencement of a £20m technology de- plane is already undergoing a C-check in Boeing the inventory at EL AL’s hub at Ben Gurion Interna- velopment project to deliver capabilities both for Shanghai’s facilities at Shanghai Pudong Interna- tional Airport near Tel Aviv, Lufthansa Technik will propeller systems and future propulsion systems. tional Airport and more airplanes will follow on a  Everest Events Ltd  @everestevents Aviation Training & Events  Everest Events ENGINE LEASING SEMINAR 17 October 2017, Crowne Plaza, Fort Lauderdale, USA

Highlights:

៉ A look at the Future & Trends for Engine Leasing ៉ How to maintain focus on your engine maintenance ៉ Considerations for short and long term leasing cost expenditure ៉ Legal Issues – What's new in 2017 ៉ Pratt & Whitney – Geared Turbofan Update ៉ Managing a Lease Return ៉ Learn how to budget, evaluate and mange your engine maintenance costs ៉ Factors to consider when selecting an engine

Supporting Publications:

YOUR ONLINE AVIATION NEWS SOURCE

www.everestevents.co.uk 7 WEEKLY AVIATION HEADLINES

MRO & PRODUCTION NEWS Embraer flies first Legacy 500 assembled in Melbourne, Florida nose-to-tail basis. A C-check is an extensive check of the airplane’s systems and components that can require several days to perform.

Singapore Technologies Aerospace secures new contracts worth S$650m in 2Q2017 Singapore Technologies Aerospace (ST Aerospace) secured new contracts worth about S$650m in the second quarter of 2017 for services ranging from heavy airframe and engine maintenance, compo- nent repair and overhaul to freighter conversion. The heavy airframe maintenance contracts in- clude a long-term agreement, announced in June, that ST Aerospace’s US affiliate company, VT San Antonio Aerospace (VT SAA), secured from Air Canada to service the airline’s flagship 787 Dreamliner fleet. With the first 787 successfully redelivered after it underwent C1-checks at VT SAA’s facility in San Antonio, US, in May, ST Aero- space became the first MRO service provider in the Americas to perform heavy maintenance on the 787. Among the other heavy maintenance contracts secured during the quarter were agreements to First flight of Embraer Legacy 500 assembled in Melbourne, Florida Photo: Embraer service CFM56-5B and CFM56-7B engines for a European and Middle Eastern Airline respectively, Embraer has reported the flight of its first Legacy 500 midsize business jet assembled at its as well as agreements to service the 747 and 767 industrial facilities in Melbourne, Florida, just eight months after the first Legacy 450 mid-light aircraft for American Airlines. Other long-term jet assembled in Melbourne took flight. The aircraft performed as expected and all flight test contracts won during the quarter included an procedures were successfully completed. The Legacy 500 is the fourth business jet model to be agreement for a labor Charge-Per-Aircraft-Land- assembled at the company’s Melbourne facility, where the Legacy 450 is also produced, along- ing program to service the wheels and brakes of side the Phenom 100 and Phenom 300. The Legacy 450 and Legacy 500 are also manufactured a low-cost carrier’s Airbus A320 fleet. at Embraer’s production facilities in São José dos Campos, Brazil. ST Aerospace gained momentum in its A330- Embraer began its Melbourne aircraft assembly operations in early 2011 with the entry-level 300 passenger-to-freighter (P2F) conversion Phenom 100, followed by the Phenom 300 in August 2012, the Legacy 450 in June 2016, and programme during the quarter when its joint the Legacy 500 in January 2017. Over the last seven years, the company has delivered close venture with Airbus, Elbe Flugzeugwerke (EFW), to 250 Phenom and Legacy jets, valued at about US$ 2 billion, from its Melbourne facility to secured additional four firm and ten optional customers across the U.S. and to countries as close as Mexico, Canada, China and Australia. A330-300P2F conversions from DHL Express. This

 Everest Events Ltd @everestevents Aviation Training & Events   Everest Events ENGINE LEASING SEMINAR 12 September 2017, Holiday Inn Kensington Forum, London

www.everestevents.co.uk 8 WEEKLY AVIATION HEADLINES

MRO & PRODUCTION NEWS Air Côte d’Ivoire takes delivery of new A320 agreement, also announced in June, follows the launch contract for four similar A330-300P2F con- versions that was also awarded by DHL Express in July last year. The first aircraft under the launch contract is currently undergoing conversion at EFW’s Dresden, Germany-based facilities, and is on track to be redelivered by the end of 2017.

AJW to assist Aero Contractors in restruc- turing and upgrading MRO services AJW Group, a market leader in the global manage- ment of aircraft spares, has signed an agreement with Aero Contractors, the Nigerian-based airline, to assist in the restructuring and upgrading of their MRO support services. AJW Group will be support- ing Aero Contractors with the upgrade of its MRO services to C check capabilities for Clas- Air Côte d’Ivoire takes delivery of new A320 aircraft Photo: Airbus sic aircraft – 300,400 & 500. The enhancement of its MRO capabilities will ensure that maintenance Air Côte d’Ivoire, the Ivory Coast’s flagship airline based in Abidjan, received a new A320 at a is carried out to a very high standard, thus provid- ceremony that was held at the Airbus Delivery Centre in Toulouse on Monday, July 17. Air Côte ing added quality assurance to their customers. In d’Ivoire already operates six Airbus aircraft (four A319s and two A320s) in the framework of addition to their own fleet, Aero Contractors will a leasing contract. The cabin of the aircraft is configured in two classes (16 business-class and be able to extend these services to third-party op- 132 economy-class seats). erators both in-country and within region. Furthermore, AJW Group will also be focusing on the management of Aero Contractors’ assets to deliver an effective return on investment, dis- posal of Aero Contractors’ PW150 engines and to Aerospace is already on-board Embraer’s E-Jets ers maintenance, repair and overhaul, on-site ser- provide support with engine shop visit manage- E2, the second generation of the E-Jets family of vices and guaranteed spare engine leasing availa- ment. AJW Capital, the group’s principal investing commercial aircraft: Liebherr-Aerospace Linden- bility. Air Burkina is the national airline of Burkina division responsible for the purchase, sale and berg GmbH, Liebherr’s center of excellence for Faso and operates regional flights from the capi- lease of large aviation-related capital assets, will flight control/actuation and landing gear systems tal Ouagadougou to other countries in Africa. The facilitate the acquisition of two new Bombardier develops and manufactures the high lift system company history reaches back to 1967, when Air Q400 aircraft for Aero Contractors. as well as the nose wheel steering control mod- Volta was founded. Air Burkina is the only West ule for the E190-E2, the E195-E2 and the E175- African company to have operated without inter- E2. Liebherr-Aerospace Toulouse SAS, Liebherr’s ruption for 50 years. center of excellence for air management systems Liebherr-Aerospace supplies further com- designs and produces the integrated air manage- ponents for Embraer E-Jets E2 ment system for the E-Jets E2. International aircraft manufacturers rely on Brazilian landing gear manufacturer ELEB has ExxonMobil lubricants for recent test flights awarded Liebherr-Aerospace with a built-to-print ExxonMobil lubricants were recently selected contract regarding the leg strut and trailing arm MTU Maintenance and Air Burkina sign ex- for the main landing gear of the Embraer E175- by international aircraft manufacturers COMAC clusive CF34-8E engine maintenance contract E2. Liebherr-Aerospace will manufacture the and Irkut to support the first test flights of their landing gear components according to the draw- MTU Maintenance and new customer Air Burki- respective COMAC C919 airliner and Irkut MC-21 ings by ELEB, which is responsible for the E175-E2 na, have signed an exclusive three-year mainte- 300 aircraft. Powered by CFM LEAP 1-C engines, main landing gear design. The trailing arm will be nance agreement. The contract for the airline’s the first Chinese-built large passenger aircraft to made of titanium, the leg strut of steel. Liebherr- four CF34-8E engines from their E170 aircraft cov- enter the market, the COMAC C919, used Mobil

Software Solutions Designed to Meet Your Aviation Business Needs Visit us at MRO Europe 2017 · Booth #1547 Visit www.componentcontrol.com to find out more 9 WEEKLY AVIATION HEADLINES

MRO & PRODUCTION NEWS OEMServices and SCAC sign MOU to develop SSJ100 component services

Jet Oil II synthetic gas turbine lubricant for its ini- tial test flight on May 5. The 79-minute flight took off from Shanghai Pudong International Airport. On May 28, the Irkut MC-21 300 also used Exx- onMobil lubricants for its initial test flight, which took off from the Aviation Plant, located in the Siberian city of Irkutsk, Oblast, and spanned 30 minutes at an altitude over 3,000 feet. The air- craft’s Pratt & Whitney PW1400G-JM engine was lubricated with Mobil Jet Oil II and its hydraulic system was filled with Exxon HyJet IV-Aplus. With nearly 600 million hours of on-wing experience, today Mobil Jet Oil II is used in more than 50% of aircraft in operation. Its popularity stems from its proven ability to help deliver outstanding engine cleanliness and component protection.

AAR signs agreement with flydubai to sup- port Boeing 737 MAX aircraft OEMServices and SCAC sign MOU to develop SSJ100 component services Photo: Sukhoi Civil Aircraft Company AAR has expanded its relationship with flydubai by OEMServices, a leading provider of integrated OEM component services and original parts’ signing a long-term contract to provide compre- supplier for airlines and SCAC, manufacturer of the have signed a Memo- hensive flight-hour component support for its new randum of Understanding that confirms their mutual interest towards finding solutions for Boeing 737 MAX aircraft. The Dubai-based airline SSJ100 operator support. This cooperation results from a shared vision between the two com- is set to take delivery of 100 Boeing 737 MAX 8 air- panies. For SCAC, the purpose is the continuous improvement of the SSJ100 aftersales pro- craft ordered at the 2013 Dubai International Air- gram, including analysis of the supply chain, stock sizing optimization and stock configuration show by the end of 2023. This is AAR’s first agree- in order to bring cost effective solutions to SCAC’s customers and to mitigate the risks related ment to support the new aircraft and will utilize the to the delivery and repair of spare parts. For OEMServices, it is a new milestone in its strategic company’s extensive global supply chain network, development of the SSJ100 program, supported by its OEM partners and thanks to its core including its new parts warehouse in Dubai. competency in aftermarket services.

earnings of US$1.3bn and pre-tax margin of 12.7%. shareholders and 4K Invest of Luxembourg, the FINANCIAL NEWS Excluding special charges, UAL reported second- owners of Adria Airways, the airline will continue quarter net income of US$846m, pre-tax earnings to operate under its current legal name Darwin NAC closes US$350m Unsecured Syndi- of US$1.3bn and pre-tax margin of 13.2%. For the Airline SA with its own air operator’s certificate cated Revolving Credit Facility (RCF) second quarter of 2017, revenue was US$10.0bn, (AOC), but will change its marketing brand from an increase of US$604m or 6.4% year-over-year. Etihad Regional to Adria Airways Switzerland. Nordic Aviation Capital (NAC) has successfully Second-quarter 2017 consolidated passenger rev- Lugano in Southern Switzerland will remain the closed a US$350m Unsecured Syndicated Re- enue per available seat mile (PRASM) was up 2.1% company’s headquarters, with Geneva as its sec- volving Credit Facility (RCF). The initial credit and consolidated yield increased 2.0% compared ond base. Adria Airways will take over some of facility was arranged by Citi Global Transporta- to the second quarter of 2016. Cargo revenue Darwin’s administrative and operational tasks tion Banking and was supported by BNP Paribas, was US$254m in the second quarter of 2017, an and will market the Swiss airline’s services. CEO Crédit Agricole, and Deutsche Bank. The RCF has increase of 22.1% year-over-year due primarily to Maurizio Merlo has decided to step down and a three-year term, and the proceeds will be used higher volumes across the system. take on a new challenge. He is replaced by Hein- to refinance aircraft as well as support future ac- rich Ollendiek, who until now acted as Adria Air- quisitions. The RCF will rank pari passu with all ways’ Chief Financial Officer. other unsecured indebtedness of the borrower, a wholly-owned subsidiary of NAC. The RCF, New ownership for Switzerland’s Darwin which is intended to be further upsized through Airline an accordion feature, is one of the cornerstones Darwin Airline SA, the Swiss airline that operates reports second-quarter results of the NAC unsecured funding strategy. under the name “Etihad Regional” in various Finnair has reported that revenues for the second European countries, has announced a change in quarter of 2017 have increased by 11.2% year-on- ownership. The existing shareholders, including year to €633.4m compared to €569.6m in the pre- Darwin’s strategic partner Etihad, have agreed United Airlines reports second-quarter vious year. Available seat kilometers (ASK) grew to sell their shares to a new Swiss subsidiary of 2017 net income of US$818m by 6.8% and comparable operating result was Adria Airways. The Slovenian carrier is the lead- €37.5m compared to €3.2m in the second quar- United Airlines (UAL) has released its second- ing regional airline in Southeastern Europe and ter 2016. Operating result was €89.1m including quarter 2017 financial results. UAL reported a member of Star Alliance. Under the terms of i.a. sales gain on an A350 aircraft. second-quarter net income of US$818m, pre-tax the new agreement between Darwin’s current 10 WEEKLY AVIATION HEADLINES

At the end of the first half-year, net financial debt creasingly competitive landscape among local FINANCIAL NEWS decreased to €1.1bn (year-end 2016: €2.7bn). airlines. Batik Air is one of the two full-service air- Pension provisions came to €8.1bn (year-end lines based in Indonesia which flies to 33 domes- Comparable EBITDAR was €103.2m compared 2016: €8.4bn) at an IFRS discount rate of 2.1% tic cities, including Jambi and Manokwari –the to €56.3m in 2016. Net cash flow from operat- (year-end 2016: 2.1%). latest domestic routes added in April 2017. The ing activities amounted to €162.2m compared The Executive Board of Deutsche Lufthansa AG airline also flies internationally to Singapore, and to €119.6m the previous year, and net cash flow increases their forecast for the year now from plans to further their regional outreach to Aus- from investing activities to €-136.5m compared an Adjusted EBIT “slightly below previous year” tralia, India, and Malaysia as part of their business to €-149.0 the previous year. to “above previous year”. The organic capacity growth strategy. Unit revenue (RASK) increased by 4.1% year-on-year. growth in the second half-year is expected to be Unit cost (CASK) decreased by 1.6% and unit cost 4.7%. From today’s perspective, unit revenues at constant currency excluding fuel increased by at constant currency will be negative in the sec- Norwegian’s British subsidiary ‘Norwegian UK’ 3.1% year-€on-year. Ancillary and retail revenue ond half-year compared to the same period in (NUK) has been given tentative approval by the per passenger grew by 8.2% year-on-year to 2016. Unit costs excluding fuel and currency ef- U.S. Department of Transportation (DOT) for €11.8. (€1.00 = US$1.16 at time of publication) fects should come down marginally in the sec- a foreign air carrier permit. The approval reaf- ond half-year. The fuel cost projection (exclud- firms that the NUK application is in full compli- ing consolidation of Brussels Airlines) as of 30 ance with the EU–US Open Skies Agreement. June 2017 indicates a tailwind of approximately When finalized by the DOT, the permit will allow Delta lease agreement approved for final Norwegian’s UK subsidiary to operate low-cost component of new LaGuardia airport €100m in the second half-year compared to the same period in 2016. The Air Berlin wet lease flights between the U.S. and Europe. Norwegian The Port Authority of New York and New Jersey’s and the first-time consolidated Brussels Airlines flies from five UK airports (Gatwick, Birming- Board of Commissioners gave final approval to a should deliver a small profit. The remainder of ham, Manchester, Edinburgh and Belfast) car- lease agreement with Delta Air Lines for its new Deutsche Lufthansa AG’s businesses are expect- rying over 5 million UK passengers each year to US$4bn, 37-gate facility at LaGuardia Airport, ed to deliver a cumulative profit for the second more than 50 destinations. Following a detailed the final component of the transformation of half-year of 2017, on a par with 2016. application with the Civil Aviation Authority, the LaGuardia into a completely rebuilt, unified 21st (€1.00 = US$1.16 at time of publication.) ‘Norwegian UK’ (NUK) subsidiary was set up in century airport. The Port Authority has commit- November 2015 and allows Norwegian to build ted a fixed amount of no more than US$600m on its growing U.K. operation by accessing bilat- to the Delta project, with the airline providing eral traffic rights to a series of global markets – US$3.4bn and assuming responsibility for any M ilitary and Defence NUK has already announced plans for new flights cost overruns. All of the new airport terminal fa- from London Gatwick to Singapore, starting in cilities, including the Delta project, will be locat- IAI and Honeywell will jointly develop September and Argentina starting in February ed closer to the Grand Central Parkway as part of GPS Anti-Jam Navigation System 2018. Once final approval is received from the the new unified airport design, providing signifi- U.S. authorities, Norwegian UK will be able to cantly more airfield space. The Delta work will Israel Aerospace Industries (IAI) and Honey- establish a seamless operation and more effec- begin later this summer. The redevelopment of well Aerospace have signed a Memorandum tively utilize its long-haul fleet – this includes the the Delta facilities is part of the overall LaGuar- of Understanding (MOU) to jointly develop an use of the same aircraft on all long-haul routes dia Airport project that broke ground in June advanced GPS Anti-Jam navigation system. As such as the U.S., Singapore, Argentina and other of 2016 on the construction of the new overall part of the MOU, IAI and Honeywell are aiming future long-haul markets Norwegian is looking at roadway configuration and on the LaGuardia to engineer, manufacture and market a com- in Asia and South America. Gateway Partners passenger terminal concours- bined GPS Anti-Jam combined solution. The new es on the western half of the new airport. technology will combine IAI’s existing ADA GPS Anti-Jamming system together with Honeywell’s Jeppesen, a Boeing Company, has agreed to a embedded GPS Inertial Navigation System. The service contract with Wataniya Airways, a new ADA system will be integrated as a subsystem, or Middle Eastern carrier based in Kuwait. As the Lufthansa reports adjusted EBIT of as an embedded module into Honeywell’s navi- airline is working to begin air service in the near €1,042m in the first half of 2017 gation systems. The joint solution is applicable future, Jeppesen has agreed to provide mul- Based on preliminary figures, Deutsche -Luf to military navigation applications (SAASM / YP( ) tiple services to assist the airline with several thansa AG generated revenues of €17.0bn in the Code) and has the provisioning to support future operations. Wataniya Airways will receive pa- first half of 2017 (Q1 & Q2 2016 €15.0bn). The directives of the GPS directorate (M-Code). per charts for navigation and International Trip Adjusted EBIT came to €1,042m (2016 period: Planning services from Jeppesen early on. Once €529m). The passenger airlines achieved a cu- air service is established, the airline will also use mulative Adjusted EBIT of €680m (2016 period: Jeppesen electronic flight bag (EFB) services to €352m). Unit revenues at constant currency OTHER NEWS increase operational efficiency. For the short were up 0.5% on the same period 2016 (1.8% term at the beginning of operations, Wataniya in the second quarter). Unit costs excluding fuel Sabre Corporation, a leading technology provider Airways also will use Jeppesen trip planning and and currency effects fell by 1.2% (-3.4% in the to the global travel industry, has reported the first- flight dispatch services. second quarter). Cumulative Adjusted EBIT for ever global distribution system (GDS) partnership the remaining business segments (including con- with the Lion Group full service Indonesia-based solidation and reconciliation) were €362m (2016 airline subsidiary, Batik Air. As Batik Air’s first GDS Delta will launch a daily nonstop service be- period: €177m). Fuel costs increased by €223m partner, Sabre’s global network aims to boost the tween Los Angeles and Mexico City on Dec. 1, compared to the same period in 2016. All per- airline’s growth by expanding their reach and pro- 2017. The flight, which is subject to government formance indicators and fuel cost include the viding new distribution channels. Indonesia has approval, will connect Delta’s LAX hub to partner first-time consolidation of Brussels Airlines and one of the world’s largest travel markets with a Aeromexico’s Mexico City hub and complement the aircraft wet leased from Air Berlin. growing economy and affluence, creating an in- Aeromexico’s existing industry-leading schedule 11 WEEKLY AVIATION HEADLINES

rope, North and South Americas, Africa and Asia. the approximately 70 employees working in OTHER NEWS this business segment generate annual sales of around €10m (US$11.6m). between the cities. The flight is an important Delta’s biometric boarding pass experience that MAI’s service portfolio covers all aspects of air- addition for Delta at LAX, marking the airline’s launched in May at the DCA Delta Sky Club, is port and terminal planning, the commission- return to the L.A.-Mexico City market for the first now integrated into the boarding process to al- ing of new facilities (operational readiness and time since 2005. In May, the airlines announced low eligible Delta SkyMiles Members who are airport transfer (ORAT)), operational planning five new non-stop markets starting by the end of enrolled in CLEAR to forego a paper or mobile and process optimization, profit and revenue 2017: Atlanta to Merida and Queretaro, Mexico; boarding pass in favor of using fingerprints as optimization, airport privatization consulting, Los Angeles to Leon, Mexico; and Seattle and proof of identity to board their plane. The final tailor-made training services and comprehensive Portland to Mexico City. phase of Delta’s DCA biometric boarding pass airport management. The FMG business model test, coming this summer, will allow Members to makes it possible to offer needs-based consult- also use their fingerprints to check a bag. Delta ing services tailored to the individual customer. Emirates and flydubai have unveiled an exten- is partnering with CLEAR to power the back end A medium-term goal will be to open sales offices sive partnership which will see the two Dubai- of its pioneering biometric boarding pass expe- for Asia, the Middle East and Central and South based airlines join forces to offer customers rience. The DCA pilot is testing how Delta and America. unmatched travel options. Both airlines will CLEAR’s systems work together while laying the continue to be managed independently, but will foundation for Delta to deliver a more conveni- leverage each other’s network to scale up their ent customer experience broadly in the future. Asiana Airlines, one of Asia’s largest carriers, operations and accelerate growth. The innova- Being part of the initial tests means that eligible has begun revenue service with its first A350 tive partnership goes beyond code-sharing and customers will be able to traverse DCA as they aircraft using Panasonic Avionics Corporation’s includes integrated network collaboration with do today and simply use their fingerprint instead (Panasonic) industry-leading inflight entertain- coordinated scheduling. The new model will of pulling out their boarding pass. Participating ment and connectivity (IFEC) solution. This first give flydubai customers seamless connectivity in the test is optional. aircraft, which was line fitted with Panasonic so- to Emirates’ worldwide destinations spanning lutions by Airbus, entered passenger service on six continents. For Emirates’ customers, it opens May 15, having been delivered to the carrier on up flydubai’s robust regional network. The two Munich Airport’s operating company FMG has April 26. Panasonic’s eX3 system delivers a pre- airlines will also further develop their hub at established a new 100% subsidiary for its inter- mium passenger experience through features Dubai International Airport, aligning their sys- national activities. WithMunich Airport Interna- including audio and video on demand, and a tems and operations to ensure a seamless travel tional GmbH (MAI), Munich Airport now has a massive content library that can offer over 50 experience through the ultra-modern airport; tailor-made platform for handling international movies, 60 TV shows, games, music and more. currently the world’s busiest for international contracts in the areas of consulting, airport man- The aircraft will also offer Panasonic’s global con- passengers. agement and training, previously implemented nectivity service, enabling passengers to access by the parent company. the Internet via broadband inflight Wi-Fi, and to Ever since Munich Airport made headlines back send and receive calls and text messages. EL AL Israel Airlines has selected Panasonic Avi- in 1992 with its smooth and seamless move from onics Corporation’s (Panasonic) eX3 inflight en- the old site in the east of Munich to the brand- tertainment (IFE) system for its new fleet of 16 new airport 30 kilometers away, its input has Once more the U.S. will allow passengers flying Boeing 787 Dreamliners. Under the terms of its been greatly valued by planners relocating air- to U.S. airports from regions including the Mid- agreement with Panasonic, EL AL will install eX3 ports and putting new facilities into operation all dle East to carry laptops and other electronic de- across nine Boeing 787-9s and seven B787-8s, over the world. Another reason behind Munich vices on board. The lifting of the ban is subject with the first aircraft being delivered in August Airport’s excellent reputation as a service part- to carriers from the region implementing stricter 2017. The agreement also includes a 15-year ner is the truly unique business model operated security controls, which include stricter baggage contract for the provision of system mainte- by FMG at its home location. Almost all of the screening and the installation of explosives trace nance by Panasonic Technical Services, includ- business activities involved in the operation of detection measures including explosives-detect- ing spares, repairs and logistics, at an optimized an airport are covered by departments or sub- ing scanners and bomb-sniffing dogs at the air- maintenance cost. sidiaries of the parent company: These include ports. airport operations, IT, engineering, real estate The ban on laptops and other personal elec- services, facility management, fleet manage- tronic devices (PEDs) larger than a smartphone BAA Training, European standard aviation train- ment, a training academy, ground transportation was initially introduced in March this year as ing center, has announced the signing of a part- services, rentals, hotels and catering, and retail. fears mounted over IS terrorists hiding explo- nership agreement with Pan Am International FMG’s know-how and operational success as a sives in batteries and battery compartments. Flight Training Centro (Thailand) for Airbus A320 full-service airport operating company and its The ban extended to carriers flying to the U.S. FFSs utilization in Thailand. International Air expertise in commissioning new airports have from ten airports in eight predominantly Muslim Transport Association (IATA) predicts that Asia- made it a popular choice as a consultant in the countries: Egypt, Morocco, Jordan, the United Pacific will be the most powerful driver for pas- aviation industry. FMG’s international business Arab Emirates, Saudi Arabia, Kuwait, Qatar and senger growth with an extra 1.8 billion annual division has provided tailor-made solutions at Turkey, with airlines affected including Royal Jor- travelers by 2035. According to the aircraft man- more than 50 airports around the globe, includ- danian Airlines; Egypt Air; Turkish Airlines; Saudi ufacturer Airbus, Asia-Pacific is the fastest grow- ing Bangkok (Thailand), Quito (Ecuador), Madrid Arabian Airlines; Kuwait Airways; Royal Air Ma- ing region that is forecasted to meet 14,275 new (Spain), Barcelona (Spain), Rio de Janeiro (Brazil) roc; Qatar Airways and Emirates. Etihad was the aircraft deliveries, comprising 41% of the overall and Delhi (India). Apart from airports, custom- first airline to be exempted from March’s ban, demand. This corresponds to 219,890 new pilots ers include governments, airlines, construc- while it has been confirmed that Saudi Arabia is needed for the region. BAA Training is able to tion companies and various consultancies. The the last to obtain exemption. provide training solutions for 18 types of aircraft orders have a global reach and demand a high The original ban had met with strong opposi- on 55 FFSs located in 32 training spots across Eu- degree of intercultural awareness. At present tion, not only because of its disruptive nature, 12 WEEKLY AVIATION HEADLINES

OTHER NEWS Recommended Events especially for business-class passengers, but also because lithium batteries have long been seen as a fire risk and thus posed a greater threat if stored in the cargo section of a plane than in the cabin. The European Aviation Safety Agency had already expressed concern with the electronics ban on trans-Atlantic flights because of this risk of accidental fire, which it said would be even more difficult to contain if the electronic device was in the cargo section. Engine Leasing Seminar 2017 September 12, 2017, Holiday Inn Kensington Forum, L ondon

Aircraft Asset Management Seminar 2017 September INDUSTRY PEOPLE 13, 2017, Holiday Inn Kensington Forum, London

• International Engine Leasing Seminar, FL 2017 aviation fuel prod- September 19, 2017, Crowne Plaza, Fort Lauderdale, USA ucts and services supplier, Air BP, has appointed Matt Elliott as Chief Commercial Officer. He will be Click here for more aviation events based at Air BP’s global headquar- Matt Elliott ters in Sunbury on global leadership roles across the com- Thames, UK and starts his new role July pany. From 2009 until 2013, Mr. Straub 17, 2017. Mr. Elliott will be responsible led Jet Aviation Zurich before returning for Air BP’s global sales and marketing to SR Technics. He became Head of Line strategy, global supply strategy and also Maintenance at SR Technics in 2015. lead Air BP’s digital and low-carbon com- AviTrader Publications Corp. mercial agenda. Suite 305, South Tower • Avant Aerospace has grown their Sales 5811 Cooney Road and Materials team with the addition of • MRO service Jay Roever and Danny Hoosier. As Sales Richmond, BC provider SR Tech- Manager for Avant Aerospace, Jay Ro- Canada V6X 3M1 nics, has appointed ever will oversee the parts sales groups

Roberto Furlan in East Alton, IL and Grand Junction, CO. as Head of Engine Publisher Danny Hoosier will be Avant Aerospace’s Services and Peter Jorssen Jakob Materials Manager, and he will be re- as Head of Straub sponsible for overseeing the Materials Tel: +1 604 318 5207 Aircraft Services & group. Line Maintenance. Mr. Furlan joined Editor Roberto Furlan SR Technics in 2007 • Wizz Air has appointed Stephen Jones Heike Tamm as Division Man- as Wizz Air’s Executive Vice President [email protected] ager for Engine and Deputy Chief Executive Officer. Mr. Tel: +34 (0) 971 612 130 Parts Repair, and he Jones will take up his appointment dur- recently served as ing the latter part of 2017. As Executive Vice President En- Vice President and Deputy Chief Execu- Advertising Inquiries and gineering in Engine tive Officer, Mr. Jones will report to the Customer Support Services. Prior to Company’s Chief Executive Officer and Jenny Vogel joining SR Technics, will be a member of the company’s ex- [email protected] Mr. Furlan worked ecutive team. He will be responsible for at companies such Wizz Air’s commercial, marketing and in- Tel: + 49 (0) 8761 346 007 Jakob Straub as Fischer Ad- formation technology organizations with vanced Composite the company’s Chief Commercial Officer, For inquiries and comments, Components and MTU Aero Engines. Chief Marketing Officer and Head of In- Mr. Straub started his career as a me- formation Technology as direct reports, please email: chanical engineer at Swissair back in as well as being an important part of the [email protected] 1978, and since then he has held several board’s succession planning. Page 1 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE July 24, 2017 Commercial Jet Aircraft Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone A319-112 World Star Aviation Services CFM56-5B 1429 Nov 2017 Lease Tommy Guttman [email protected] +972-544-220000 A320-200 Castlelake V2527-A5 2097 2003 Q3/2018 Lease Neil McCrossan [email protected] +44-207-190-6120 A320-200 Castlelake V2527-A5 2121 2003 Q2/2018 Lease Neil McCrossan [email protected] +44-207-190-6120 A320-200 FPG Amentum V2527-A5 3162 2007 Q1/2018 Sale / Lease Eoin Kirby [email protected] +353 1 6398118 A320-200 FPG Amentum V2527-A5 3316 2007 Q1/2018 Sale / Lease Eoin Kirby [email protected] +353 1 6398118 A320-200 Fortress Investment Group CFM56-5B4 1296 2000 Now Sale / Lease Jeff Lewis [email protected] +1 (305) 833-0309 A320-200 ORIX Aviation V2527-A5 2680 2006 Q4/2017 Lease Oisin Riordan [email protected] +353 863 350 004 A320-200 ORIX Aviation V2527-A5 1383 2001 Q1/2018 Sale Oisin Riordan [email protected] +353 863 350 004 A330-200 Castlelake CF6-80E1A4B 441 2001 Q4/2018 Lease Neil McCrossan [email protected] +44-207-190-6120 A330-200 FPG Amentum PW4168A 943 2008 Q2/2018 Sale / Lease Eoin Kirby [email protected] +353 1 6398118 A330-200 FPG Amentum PW4168A 962 2008 Q2/2018 Sale / Lease Eoin Kirby [email protected] +353 1 6398118 A330-223 FPG Amentum PW4168A 979 2009 Now Sale / Lease Eoin Kirby [email protected] +353 1 6398118 A330-223 FPG Amentum PW4168A 1002 2009 Now Sale / Lease Eoin Kirby [email protected] +353 1 6398118 A340-313 AerFin CFM56-5C4 157 1996 Now Sale / Lease R. Rosser [email protected] +442921676296 A340-313 AerFin CFM56-5C4 208 1998 Now Sale Robbie Robson [email protected] +44 (0) 7867488152 B737-300 World Star Aviation Services CFM56-3C1 28873 Now Lease Tommy Guttman [email protected] +972-544-220000 B737-400 World Star Aviation Services CFM56-3C1 24332 Now Lease Tommy Guttman [email protected] +972-544-220000 B737-400 Safair Operations Combi East Africa Now ACMI only C. Schoonderwoerd [email protected] +27 11 928 0000 B737-400 Aersale CFM56-3C1 27149 1993 Now Sale / Lease Craig Wright [email protected] +1 305 764 3238 B737-800 ORIX Aviation CFM56-7B26 34701 2006 Q1/2018 Lease Daniel Cunningham [email protected] +353 871774524 B737-800 ORIX Aviation CFM56-7B26 34705 2006 Q3/2018 Lease Daniel Cunningham [email protected] +353 871774524 B737-800 ORIX Aviation CFM56-7B26 34707 2006 Q3/2018 Lease Daniel Cunningham [email protected] +353 871774524 B737-800 Fortress Investment Group CFM56-7B26 30160 2000 Q2/2017 Sale / Lease Jeff Lewis [email protected] +1 (305) 833-0309 B737-800 Fortress Investment Group CFM56-7B26 35075 2007 Q2/2017 Sale / Lease Jeff Lewis [email protected] +1 (305) 833-0309 B737-800 Aersale CFM56-7B26 30881 2002 Dec 2017 Sale / Lease Sally Browne [email protected] +353 86 021 4841 B737-800 GA Telesis CFM56-7B 28387 Now Sale / Lease Stefanie Jung [email protected] +1 954 676 3111 B737-800 GA Telesis CFM56-7B 28621 Now Sale / Lease Stefanie Jung [email protected] +1 954 676 3111 B737-800 GA Telesis CFM56-7B 29049 Now Sale / Lease Stefanie Jung [email protected] +1 954 676 3111 B737-800 GA Telesis CFM56-7B 28228 Now Sale / Lease Stefanie Jung [email protected] +1 954 676 3111 B737-800 World Star Aviation Services CFM56-7B26 32604 2002 Now Sale / Lease Paulo Bettencourt [email protected] +1 415-956-9454 B747-400 Fortress Investment Group CF6-80C2B1F 32746 2003 Now Sale / Lease Jeff Lewis [email protected] +1 (305) 833-0309 B747-400 GA Telesis RB211-524 26637 1992 Now Sale Stefanie Jung [email protected] +1 954 676 3111 B747-400 GA Telesis PW4000 29950 2000 Now Sale Stuart Weinroth [email protected] +1 954 676 3111 B747-400 Jet Midwest PW4056-3 29906 1999 Now Sale / Lease Kevin Lee [email protected] +1-310-652-0296 B747-400BCF Jet Midwest PW4056-3 24226 1990 Now Sale / Lease Kevin Lee [email protected] +1-310-652-0296 B757-200F Aerolease RB211 22211 Now Sale / Lease Tim Corley [email protected] +1 (360) 870-9172 B757-200F Aerolease RB211 22611 Now Sale / Lease Tim Corley [email protected] +1 (360) 870-9172 B757-222 Bristol Associates PW2037 25157 1991 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 B757-222 Bristol Associates PW2037 25322 1991 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 B757-222 Bristol Associates PW2037 25396 1992 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 B757-222 Bristol Associates PW2037 25398 1992 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 B757-222 Bristol Associates PW2037 25698 1991 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 B767-300ER Fortress Investment Group PW4062 30563 2000 Q3/2017 Sale / Lease Jeff Lewis [email protected] +1 (305) 833-0309 B777-200ER GA Telesis 28999 Now Sale Stefanie Jung [email protected] +1 954 676 3111 B777-200ER GA Telesis 28523 Now Sale Stefanie Jung [email protected] +1 954 676 3111 DC8 Aersale No engines 46094 1969 Now Sale Craig Wright [email protected] +1 305 764 3238

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 THE AIRCRAFT AND ENGINE MARKETPLACE July 24, 2017

Regional Jet / Turboprop Aircraft Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone ATR42-300 Regional One PW120 51 1987 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 ATR42-300 Regional One PW120 57 1987 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 CRJ-200ER Regional One CF34-3B1 7452 2000 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 CRJ700 Regional One CF34-8C5B1 10029 2001 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 CRJ-900LR Regional One CF34-8C5 15057 2005 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 DASH8-102 Magellan Aviation Group PW121 113 1988 Now Sale / Lease Bill Polyi [email protected] +1 (704) 504 9204 x202 DASH8-311 Regional One PW121 230 1990 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 DASH8-311 Magellan Aviation Group PW123 266 1991 Now Sale / Lease Bill Polyi [email protected] +1 (704) 504 9204 x202 Dornier 328-300 Regional One PW306B 3145 2000 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 Dornier 328-300 Regional One PW306B 3185 2001 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 E170s AerFin CF34-8E Now Sale / Lease Oliver James [email protected] +44 (0) 2920109898 ERJ-135ER Bristol Associates 145176 1999 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-135ER Bristol Associates 145186 1999 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-135ER Bristol Associates 145192 1999 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-135LR Bristol Associates AE3007-A1 145410 2001 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-135LR Bristol Associates AE3007-A1 145413 2001 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-135LR Bristol Associates AE3007-A1 145504 2001 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-145LR Bristol Associates AE3007-A1/3 145208 1999 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-145LR Bristol Associates AE3007-A1/3 145239 2000 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-145LR Bristol Associates AE3007-A1/3 145302 2000 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 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 (1) AE3007A1 Now - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 (3) AE3007A1P Now - Sale/Lease/Exch. Regional One Miguel Bolivar [email protected] +1 786-623-3936 (2) AE3007 Now - Sale GA Telesis Stefanie Jung [email protected] +1 954-958-1321 CF34 Engines Sale / Lease Company Contact Email Phone CF34-8E5 Now - Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +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 (1) CF34-10E5A1 Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) CF34-3B1 Now - Sale (1) CF34-8C5/B1 Now - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 (8) CF34-8E Q4/2017 - Sale / Lease AerFin Oliver James [email protected] +44 (0) 2920109898 (1) CF34-10E7 Now - Lease Engine Lease Finance Declan Madigan [email protected] +353 61 291717 CF34-8E(s) Now - Sale / Lease GECAS Engine Leasing Sherry Riley [email protected] +1 (513) 782-4272 (2) CF34-10E7 Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (1) CF34-3B1 Now - Lease David Desaulniers [email protected] +1 415 516 4837 CF6 Engines Sale / Lease Company Contact Email Phone (1) CF6-80C2B1F Now - Sale / Lease AerSale. Inc. Alan Kehoe [email protected] +353 879 393 534 (1) CF6-80C2A5 Now - Sale / Lease Alan Kehoe [email protected] +353 879 393 534 (1) CF6-80C2B6F Now - Sale / Lease Matthew White [email protected] +353 1475 3005 (1) CF6-80C2B7F Now - Sale / Lease Matthew White [email protected] +353 1475 3005 (1) CF6-80C2B5F Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (1) CF6-80C2B7F Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (1) CF6-80C2B6F Now - Sale / Lease (1) CF6-80C2B1F Now - Sale / Lease (1) CF6-80C2B7F Now - Sale GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (5) CF6-80C2B1F Now - Sale [email protected]

GECAS Engine Leasing

X � Engine Lease Finance Page 3 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE July 24, 2017

Commerical Engines (cont.) CFM56 Engines Sale / Lease Company Contact Email Phone (1) CFM56-3B2-A Now - Sale / Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360 (2) CFM56-5B Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (2) CFM56-7B26 Now - Sale (2) CFM56-5C4 Now - Sale/Lease/Exch. TrueAero, LLC Ed Blyskal [email protected] +1 305-525-7308 (1) CFM56-5C4/P Now - Sale/Lease/Exch. (1) CFM56-7B22/E Now - Lease Engine Lease Finance Declan Madigan [email protected] +353 61 291717 (1) CFM56-7B26/3 Now - Lease (1) CFM56-5B1/P Now - Lease (1) CFM56-5B4/3 Now - Lease (1) CFM56-5B6/3 Now - Lease (2) CFM56-5C4/P Now - Sale / Lease Castlelake Stuart MacGregor [email protected] +44-207-190-6119 (1) CFM56-7B27/3B1F Now - Sale/Lease/Exch. AerSale. Inc. Alan Kehoe [email protected] +353 879 393 534 (1) CFM56-5B1/3 Now - Sale / Lease (2) CFM56-3C1 Now - Sale / Lease (2) CFM56-5A Now - Sale GECAS Engine Leasing Sherry Riley [email protected] +1(513)782-4272 (1) CFM56-5C4 Now - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 (2) CFM56-5B6 TRUEngineTM Now - Sale / Exchange CFM Materials Jimmy Hill [email protected] +1 214-988-6670 (1) CFM56-7B20 TRUEngineTM Now - Sale / Exchange (1) CFM56-7B24 TRUEngineTM Now - Sale / Exchange (1) CFM56-7B27 TRUEngineTM Now - Sale / Exchange (1) CFM56-5B4/P TRUEngineTM Now - Sale / Exchange (1) CFM56-7B22 Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (1) CFM56-3B2 Now - Sale / Lease (1) CFM56-7B24 Now - Sale / Lease (1) CFM56-7B26 Now - Sale / Lease (1) CFM56-7B27 Now - Sale / Lease (1) CFM56-3C1 Now - Sale / Lease (2) CFM56-5C3/F4 Now - Sale/Lease/Exch. AerFin R. Rosser +442921676296 (7) CFM56-5C4 Now - Sale/Lease/Exch. (3) CFM56-7B-24 Now - Sale/Lease/Exch. (1) CFM56-7B-26 Now - Sale/Lease/Exch. (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) CFM56-5B4/3 Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (2) CFM56-5C4 Now - Lease (1) CFM56-7B26/3 Now - Lease (1) CFM56-5B4/P Now - Lease (1) CFM56-7B24/3 Now - Lease JT8D and JT9D Engines Sale / Lease Company Contact Email Phone (1) JT8D-219 Now - Sale Azure Resources Jeffrey Young [email protected] +1-954-796-8158 (1) JT9D-7R4D-E Now - Sale/Lease Jet Midwest Kevin Lee [email protected] +1-310-652-0296 (1) JT8D-219 Now - Sale GA Telesis Robert Huffman [email protected] +1 954 676 3111 PW Small Engines Sale / Lease Company Contact Email Phone (1) PW121 (Dash 8) 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) PW121 (ATR) Now - Sale / Lease (1) PW127E/F/M Now - Sale / Lease (1) PW150A Now - Sale / Lease (2) PW121 (ATR) Now - Sale/Lease/Exch. Willis Lease David Desaulniers [email protected] +1 415 516 4837 (2) PW121-8 Now - Sale/Lease/Exch. (1) PW123 Now - Sale/Lease/Exch. (1) PW127 Now - Sale/Lease/Exch. (2) PW150A Now - Sale/Lease/Exch. (1) PW127M Now - Sale/Lease/Exch. (2) PW127F Now - Sale/Lease/Exch. (2) PW124B 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 PW119B RGB Now - Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +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 Page 4 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE July 24, 2017

Commerical Engines (cont.) PW127M Now - Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +49-6731-497-368 PW150 GRB Now - Lease (1) PW124B Now - Sale/Lease/Exch. Logix.Aero Jean-Christian Morin [email protected] +33.6.4782.4262 (1) PW127F Remi Krys [email protected] +33.6.2079.1039 (1) PW127M (1) PW121 Now - Sale / Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360 PW2000 Engines Sale / Lease Company Contact Email Phone (1) PW2037M Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (1) PW2040 Now - Sale / Lease PW4000 Engines Sale / Lease Company Contact Email Phone (2) PW4056-1 Now - Sale/Lease/Exch. GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) PW4056-3 Now - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 (1) PW4168A Sep 17 - Lease Engine Lease Finance Declan Madigan [email protected] +353 61 291717 (1) PW4056-3 Now - Sale/Lease Jet Midwest Kevin Lee [email protected] +1-310-652-0296 (1) PW4056-3 Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (2) PW4060-3 Now - Sale / Lease AerSale. Inc. Matthew White [email protected] +353 1475 3005 (1) PW4158-3 Now - Sale / Lease Matthew White [email protected] +353 1475 3005 (1) PW4062-3 Now - Sale / Lease Matthew White [email protected] +353 1475 3005 (1) PW4056-3 Now - Sale / Lease Alan Kehoe [email protected] +353 879 393 534 (1) PW4060-3 Now - Sale / Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360 RB211 Engines Sale / Lease Company Contact Email Phone (1) RB211-535E4 Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (2) RB211-535E4B Now - Sale / Lease Castlelake Stuart MacGregor [email protected] +44-207-190-6119 (1) RB211-535 Now - Sale/Lease Jet Midwest Dave Williams [email protected] +1-817-791-4930 (1) RB211-524 Now - Sale / Lease AerSale. Inc. Matthew White [email protected] +353 1475 3005 (1) RB211-535E4 Now - Sale World Star Aviation Services Sean O Connor [email protected] +1 415-956-9456 Trent Engines Sale / Lease Company Contact Email Phone (3) Trent 800 Now - Sale GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1)Trent 884 Now - Sale/Lease/Exch. AerSale. Inc. Matthew White [email protected] +353 1475 3005 (2) Trent 892 Now - Sale / Lease TrueAero, LLC. Brett Slapke [email protected] +1 972-584-1606 (4) Trent 556 Now - Sale / Lease (1) Trent 772B Now - Sale/Lease/Exch. Rolls-Royce & Partners Finance Bobby Janagan [email protected] +44 20 7227 9078 V2500 Engines Sale / Lease Company Contact Email Phone 1) V2533-A5 w/QEC Now - Sale/Lease/Exch. Rolls-Royce & Partners Finance Bobby Janagan [email protected] +44 20 7227 9078 (1) V2527E-A5 Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (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 (5) A340 fresh part outs Now - Sale TrueAero, LLC Dan Barton/Dave Walters [email protected] +1 772-925-8026 A320 Landing Gear with Fresh Tags Now - Sale A340 Landing Gear Now - Sale CTCP331-350C (4) PN 3800454-6 Now - Sale GTCP36-300A, PN 3800278-4 Now - Sale (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 PW901A(4), PW901C(2) Now - Sale / Lease TSCP700-4E Now - Sale Neutral CFM56-5B & CFM56-7B QEC Kits Now - Sale CFM Materials Michael Arellano [email protected] +1 214-988-6676 APS 2000, PW901A Now - Sale/Lease/Exchange AerSale. Inc. Alan Kehoe [email protected] +353 879 393 534 GTCP131-9A, GTCP131-9B , GTCP331-350C Now - Sale/Lease/Exch. Logix.Aero Jean-Christian Morin [email protected] +33.6.4782.4262 GTCP331-500B, GTCP331-500B Rich Lewsley [email protected] +44.79.0021.8657 APU GTCP 331-9B, APU GTCP 331-500 Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 Engine stands now available Now - Lease (2) GTCP131-9B, (2) GTCP131-9A Now - Sale / Lease GA Telesis Dave Dicken [email protected] +1 954-676-3111 B737-400 main landing gears, with 2015 tags World Star Aviation Services Tommy Guttman [email protected] +972-544-22000 767-300ER 413K LANDING GEAR Now - Sale Azure Resources Jeffrey Young [email protected] +1-954-796-8158 737-300/400 LANDING GEAR CFM56-3 MODULES 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 GTCP36-300A, 737-800 Winglets Now - Sale / Lease 737-700 & 737-800 Landing Gear Now - Sale / Lease 737-800 NOSE LANDING GEAR PN 162A1100-5, OH - Now Sale Reliance Aircraft Terry Hix [email protected] +1 512-439-6988 767-300 Winglets, LH-RH P/N 767-0010-7 & -8 (2) PW901A, (1) PW901C(1), PW125B RGB Now - Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +49-6731-497-368