757 Celebrates 33 Years

ISSN 1718-7966 March 2, 2015/ VOL. 479

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WORLD NEWS VLM adds Italian links Belgian operator VLM Airlines will this May be launching scheduled flights between Bologna (Italy) to Liège (Belgium). The move not only marks VLM Airlines’ first routes from Liège but also the airline’s first services in northern Italy. Arthur White, CEO of VLM Airlines, says: “With these new scheduled flights, we are focusing on both leisure and business travellers. These new destinations not only appeal to tourists but are also important business centres in their respective regions.” Shanghai Airlines took delivery Proflight teams up with super- of the last market chain passenger 757 in 2005. Zambian regional carrier Proflight has signed a new sales agreement Photo: Boeing with supermarket chain Shoprite. The deal allows shoppers to book 757 celebrates 33 years and pay for flights along with their But adding new engines is a non-starter groceries at the 23 Shoprite stores The Boeing 757 made its first and materials. The pioneering two- missed outright by U.S airframer. across the country – particularly con- flight on February 19, 1982. U.S crew computerised flight decks or venient in remote locations that have carrier Eastern Air Lines operated “glass cockpits” of the 757 and 767 According to Flightglobal, Boeing no IATA travel agents to purchase the first commercial 757 flight in are nearly identical, so pilots could VP Randy Tinseth said the com- tickets. C “ ombined with Proflight’s January the following year on the easily qualify to fly both. pany had studied reviving and re- super-low fares, flying has now be- Atlanta-Tampa route. engining the 757 “a come accessible to people from all In November 2005, couple” of times, but walks of life across the country,” said Boeing concluded concluded that the Proflight director of government and “We’re not studying 757 re-engined the remarkable 23- economics do not industry affairsC aptain Philip Lemba. year run of the 757 replacements right now. It just doesn’t make sense. “We’re passenger version by not studying 757 Air Lituanica joins ERA mem- work.” delivering the final re-engined replace- bership Boeing VP Randy Tinseth one to Shanghai Air- ments right now. It Lithuanian carrier Air Lituanica has lines. The aircraft was just doesn’t work,” formally joined the European Region the 1,050th Boeing 757. The 757 is Today, however, Airbus’ growth in says Tinseth, addressing the Pa- Airlines Association (ERA) and brings one of seven commercial models the narrow body segment is not cific Northwest Aerospace Alliance the number of airlines in member- that have sold more than 1,000 air- unnoticed. In January this year (PNAA) conference in Seattle. ship to 53. Gytis Gumuliauskas, CEO planes, and more than 1,030 of the the European manufacturer an- It seems that on one hand Boe- of Air Lituanica, believes that join- 757s are still in service. nounced the first order of the ing ERA is key to the carrier’s ambi- A321neoLR, which is being seen as ing does not see much demand tion of becoming Lithuania’s main The 757 and the 767 were devel- a replacement for the 757. Specu- for narrow bodies of that size for national carrier and improving the oped concurrently, so both shared lation that Boeing might revive the long haul transatlantic routes for accessibility of Vilnius for both busi- the same technological advances in legendary 757 with new engine ness and leisure travellers. propulsion, aerodynamics, avionics propulsion has been reportedly dis- Continued on page 3

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instance whereas Airbus clearly see a mar- Interestingly, Air Astana which operates 757s sengers up to 4,000 nm – the longest of any ket by launching the long-range version of its as well as 767s will decide by next year if it single aisle aircraft. Boeing is not known to A321neo in January this year, to somewhat will order either the Airbus A321neoLR or the take things lying down, the 757 has managed fill this gap. Reportedly however, Boeing has Boeing 737 MAX-9 to replace its fleet of five to cling to life for some time now but at this secretly been in talks with 30 customers to as- 757-200s and older A320 family aircraft. stage, it seems the end is near. sess the potential of a plane that will be big- ger than a 737 Max 10 with more range. The new A321LR will be able to fly 206 pas-

AIRCRAFT & ENGINE NEWS Transport Canada issues flight permit for first CS300 flight test vehicle Bombardier Com- Allegiant Travel Company signs purchase mercial Aircraft an- agreement for six A319 aircraft nounced that following a thorough Allegiant Travel Company has entered into an inspection of the agreement to purchase six additional A319 air- aircraft, and a review craft. The aircraft are currently being operated of all the associated by Cebu Pacific Air and are scheduled to enter build documenta- the Allegiant operating fleet from the end of tion, Transport Can- 2015 through 2017. Two of the aircraft will be ada inspectors have purchased in 2015 and the company expects the issued the flight per- remainder to be purchased in 2016. mit that allows the first CS300 flight test vehicle to join the Arkia selects Trent 7000 engines to power flight test program. First CS300 flight test vehicle Photo: Bombardier four new A320neo Pending optimal weather conditions, the CS300 aircraft’s first flight is expected to occur during the period ARKIA Israeli Airlines selected up to four Airbus February 26th-28th, 2015. More precise timing will be confirmed approximately 48 hours A330-900neo aircraft, powered by the Trent prior. The aircraft is expected to perform a series of handling and system calibration tests 7000 engine. Bruce Blythe, Rolls-Royce, Senior at a wide range of altitudes and speeds. Vice President – Customers, Civil Large Engines, said; “We welcome ARKIA’s decision to select the A330neo, powered by our Trent 7000 engines. We look forward to delivering outstanding GE or CFM, enabling them to more easily evalu- Waypoint Leasing signs helicopter leasing performance and economics.” ARKIA also operate engine configuration, asset value and re- transaction with Caverton Helicopters ates two Boeing 757-300 aircraft powered by marketability. Rolls-Royce RB211 engines. Waypoint Leasing (Ireland), the independent global helicopter leasing company, has reached an agreement with Caverton Helicopters, a lead- Mesa Airlines expands fleet with seven ing provider of aviation and logistics services to TRUEngine program surpasses 10,000 en- new CRJ900 aircraft local and international oil and gas companies gine enrollments in Nigeria, to lease one new AgustaWestland Mesa Airlines has been selected by American Air- AW139 and one Bell 412EP, both of which have The TRUEngine program continues to gain mo- lines to operate seven new Bombardier CRJ900 been delivered to Caverton. The aircraft will op- mentum with total engine enrollments surpass- NextGen aircraft for a 10-year term under the erate in Nigeria supporting onshore and offshore ing the 10,000 mark as 2015 gets underway. The American Eagle brand. The aircraft, recently pur- oil and gas operations. milestone comes less than six months after the chased by Mesa, will bring the total number of program broke through the 9,000-engine mark. CRJ900s operated by the company to 64. Mesa “The rapid growth in the TRUEngine program will take delivery of the additional aircraft from underscores the value of a technically robust the Bombardier factory beginning in July, with Allegiant Travel Company announces pur- and transparent means of identifying engines all aircraft received by September 2015. Since chase of two additional A320 aircraft that have been maintained in a GE or CFM March 2013, Mesa has grown significantly – configuration,” said Kevin McAllister, President doubling the size of the company, creating 900 Allegiant Travel Company has entered into an and CEO of GE Aviation’s Services organization. new positions, and providing job security and agreement to purchase two additional A320 air- “The TRUEngine designation provides significant enhanced opportunities for all its employees. craft. The aircraft are currently being operated benefits to operators including higher asset re- During this time, Mesa added 19 CRJ900 aircraft by Philippine Airlines and are scheduled to en- sidual values, optimized product support, and to the fleet it operates for American and 19 new ter the Allegiant operating fleet toward the end enhanced warranties.” With the TRUEngine des- E175 aircraft for United. The addition of these of 2015. Including the two A319s that deliver in ignation, engine owners, potential buyers, les- seven aircraft and 11 new E175s scheduled for 2015, which were announced on February 23rd, sors, and appraisers know an engine’s content delivery will bring Mesa’s fleet total to 115 air- the company now expects 2015 CAPEX to be ap- and maintenance history have been verified by craft in 2015. proximately US$230m. 4 WEEKLY AVIATION HEADLINES

AIRCRAFT & ENGINE NEWS Flying Colours refurbishes first Sikorsky S-92 helicopter

CFM orders soar in 2014 In 2014 CFM International experienced the highest levels of new engine orders and production in its history. CFM logged orders for a total of 4,244 engines, including 1,527 CFM56 engines (commercial, military and spares) and 2,717 LEAP engines. These orders are valued at more than US$50bn at list price. By comparison, CFM booked a total of 2,723 CFM56 and LEAP engine orders in 2013 at a value of US$31bn at list price. As the company logs record commitments, CFM is also achieving historic production rates for the CFM56 product line. The company delivered 1,560 CFM56 engines in 2014, compared to 1,502 in 2013. CFM has the highest production rate in the industry and has consistently built more than 1,000 engines per year since 2006.

AWAS to acquire portfolio of four narrow- First refurbished Sikorsky S-92 helicopter Photo: Flying Colours body aircraft from BOC Aviation AWAS has agreed to acquire a portfolio of four Flying Colours, the North Americas-based completions, refurbishment and maintenance spe- late-model narrow-body passenger aircraft from cialists, has refurbished its first Sikorsky S-92 helicopter at its Peterborough, Canada head- BOC Aviation; three 737-800s and one A320- quarters. Delivery of the nine passenger S-92 took place at the end of January. The helicopter, 200. These aircraft are all subject to long-term which is a VIP variant, features a unique and eye-catching electric blue themed interior de- leases with their respective airlines. Ray Sisson, signed exclusively by the Flying Colours team of specialist designers. The full work schedule President & CEO AWAS commented, “Acquisi- included installation of forward four-place club and aft five-place club seating, fitting of afor- tions in the secondary market are a key pillar of ward lavatory, extensive cabinetry work and, in a first for the helicopter industry, the laying of AWAS’ growth plan. This is another example of a LIST granite flooring finish in the lavatory and helicopter entrance. our platform’s success acquiring highly desirable aircraft on lease to globally diverse airlines.” to Australian Helicopters through 2015 and 2016 NAC delivered one ATR 72-500 to Passare- and, following arrival in Australia, will be modified do on lease for Emergency Medical Service operations. Once LCI to lease six AW139s to Australian Heli- Nordic Aviation Capital confirmed that it has de- copters deployed, they will be operated on behalf of Air Ambulance Victoria and in due course replace their livered one ATR 72-500, MSN 874, on lease to LCI, the aviation leasing arm of the Libra Group, older aircraft. These new helicopters will enable Air Passaredo, an airline based in Ribeirão Preto, has concluded an agreement to lease six new Ambulance Victoria to deliver a faster and wider São Paulo, Brazil. Passaredo operates regional AgustaWestland aircraft to Australian Helicopters, aero-medical care service in emergencies across services in Brazil, with its main base at Dr. Leite a member of the Babcock Mission Critical Services the state as well as rapid transport service for pa- Lopes Airport, Ribeirão Preto. Passaredo is a new Group. The AW139s will be progressively delivered tients between major and rural hospitals. customer for NAC.

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MRO & PRODUCTION NEWS HAITEC granted FAA approval

AFI KLM E&M engine shop completes first GEnx overhaul The AFI KLM E&M engine shop at Schiphol recently completed its first “Quick Turn” shop visit on a GEnx-1B engine. This first operation is important as it marks the beginning of a product offer slated for substantial development in the years ahead. AFI KLM E&M has actively geared up to get ready for the entry into service of the latest addition to the family of GE powerplants in order to offer top quality service, explains Ton Dortmans, EVP KLM Engineering & Maintenance “In May 2014 we began to develop our GEnx capabilities, our 3-phase program was designed to train personnel, bring facilities to operational readiness, acquire the tooling, and deploy procedures as HAITEC granted FAA approval Photo: HAITEC rapidly as possible. This meant we have been able to launch our offering in six months only, and the three phases of the program have all German-based HAITEC Aircraft Maintenance GmbH has been granted the Repair Station Ap- been finalized by EASA certification.” proval by the U.S. Federal Aviation Administration (FAA). As an EASA Part-145 organization, HAITEC holds approvals from Civil Aviation Organizations of Russia, Qatar, United Arab Emir- ates, Azerbaijan and Bermuda, and now the FAA for a broad range of Boeing and Airbus aircraft as well as Gulfstream business jets. The FAA approval is an important milestone in Werner Aero Services Signs Engine Ma- enabling the overall expansion strategy of the company in capacity and capability. In 2014, terial Sale and Management Agreement HAITEC announced a €30m expansion program over the next three years. The program includes the establishment of the new VIP Aircraft Maintenance line in Erfurt, tooling and Werner Aero Services has signed a long-term equipment for additional aircraft types, production efficiency methodologies and informa- Engine Material Sale and Management agree- tion systems, the acquisition of the existing hangar (H900 at Hahn Airport), and purchase ment with a major European MRO to provide of the surrounding land for the construction of a second maintenance facility adjacent to marketing and distribution services of its en- the current facility. Set to be operational in spring 2016, the new hangar with A380 capacity gine surplus spares. Under the agreement, incorporates comprehensive support shop capability, a parts warehouse, and a two-story which covers the V2500A-5 engine prod- office complex, totaling 17.000 m². ucts, Werner will distribute the components throughout its world-wide network of customers. “We are very excited for the opportunity to enhance our V2500A-5 engine business that tinations in 30 countries in North, Central and at the Middletown site, in some of the most has been growing in recent years. This agree- South America, and the Caribbean. advanced test cells in the world. Advanced ment enables us to have continued supply to technological and structural improvements support our customers’ needs,“ said Mike Ca- in the test cells will reduce the time it takes zaz, CEO of Werner Aero Services. to set up and complete testing on an engine, Pratt & Whitney expands Connecticut and will enable a safer and more efficient test- engine center to meet increased demand ing process during engine product tests. The Pratt & Whitney officially unveiled its new company also highlighted investments in its STG Aerospace installs liTeMood in state-of-the-art Middletown, Connecticut, F135 production line that will further stream- South America production facility to support production line the production flow. These include tooling of the PurePower PW1100G-JM engine for improvements that will allow the company to Aircraft cabin lighting company STG Aerospace the Airbus A320neo and the F135 engine for efficiently assemble a high volume of F135 en- reported that Copa Airlines has become the the F-35 Lightning II Joint Strike Fighter in a gines while maintaining the highest standards latest airline to install its liTeMood retrofit ceremony held on February 25th. The trans- of safety and ergonomics. LED lighting system, representing the first air- formation of the facility is the product of line in South America to complete a 737-800 significant capital investments to install new liTeMood installation. With many of their assembly lines, test cells and advanced tech- 737NG fleet installed with Boeing Sky Inte- AMES granted class 4 airframe rating by nologies to prepare the site to help deliver FAA rior, Copa looked for a cost-effective solution new and legacy engines to meet customer de- to upgrade and harmonize the look and feel mand for these products. At the event, Pratt & Airborne Maintenance and Engineering Ser- of cabin interiors of the older aircraft installed Whitney introduced its new horizontal engine vices, Inc. (AMES) announced that it has been with fluorescent lighting. The liTeMood instal- assembly moving line, which will be used to granted a Class 4 Airframe Rating by the U.S. lation followed an on-wing demonstration in produce the PurePower PW1100G-JM engine. Federal Aviation Administration (FAA). This Panama during 2014. Founded in 1947, Copa This innovative technique will allow the com- rating gives AMES broad approval to perform Airlines serves as Panama’s flag carrier, flying pany to accommodate increased volumes. maintenance on nearly all commercial aircraft more than 11 million passengers a year to des- Once assembled, those engines will be tested that can be accommodated within its hangar Our Ideas are Focused

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MRO & PRODUCTION NEWS Rolls-Royce opens Turbine Blade Casting Facility Rolls-Royce marked facilities. AMES, a subsidiary of Air Transport the official opening Services Group, recently expanded its Mainte- of its new £110m Ad- nance Repair and Overhaul (MRO) operations vanced Blade Casting in Wilmington, Ohio, with the opening of a Facility (ABCF). When new 100,000 ft² hangar facility able to accom- fully operational in modate aircraft as large as a Boeing 777. 2017, the 150,000 ft² (14,000 m²) facility in Rotherham, UK, will BAE Systems to provide complete flight employ 150 people control electronics suite for Boeing and have the capac- 777X aircraft ity to manufacture more than 100,000 Boeing has selected BAE Systems to provide single crystal turbine the Remote Electronic Units (REU) for both blades a year. These variants of the 777X aircraft. An REU is an blades will feature in electronic unit that manages the aircraft’s a wide-range of Trent flight control surface actuators and interfaces aero engines includ- with the Integrated Flight Control Electron- ing the Rolls-Royce ics (IFCE), which BAE Systems was selected Trent XWB, which to provide in 2014. BAE Systems, which was powers the new Air- selected through a competitive procurement bus A350 XWB. The process, will support the 777X technology turbine extracts en- advancements by developing and producing ergy from the hot the REUs for localized control of the wing gas stream delivered surface actuators such as ailerons, flaperons, by the engine’s com- elevator, rudder, stabilizer, high lift, and new bustor and uses it to wingtips. drive the fan and the Blade 1 Photo: Rolls-Royce compressors. The blades produced in CTT Systems receives first airline order Rotherham operate in the hottest part of the engine at temperatures up to 200 degrees for A350-900 humidifiers above the melting point of their alloy and sit in a disc that rotates at more than 12,000 rpm, creating a centrifugal force equivalent to the weight of a London bus hanging off C TT SYSTEMS, a market leader of anti-con- each blade. They are grown in a special process which ensures that they are created densation systems for commercial aircraft and from a single metal crystal to maximise their strength. They are then coated with a heat- the provider of humidification products for resistant ceramic and when in use they are cooled with air that passes through a series cockpit, crew rest and cabin areas, has been of precisely placed holes in the blade. awarded its first Airbus A350-customer order for flight deck and flight crew rest compartment humidifiers. The airline has ordered hu- experienced engineering team are approved of six Boeings 737-800W (Winglet) and two midifiers for flight deck and flight crew rest to carry out tasks such as: Continuing Airwor- Boeings 767-300ERW (Extended Range Wing- compartment to be installed in its first A350- thiness Oversight, Maintenance Planning, Ap- let) with a third 767-300ERW operating from 900 aircraft. The airline has in total 12 A350- proved Maintenance Programme Development, June 2015. The Total Component Support 900 on order and is operating a fleet of Boeing Reliability Programme Technical Records, Engine TCS agreement covers component repair and 787s equipped with CTTs flight deck/crew rest and APU trend monitoring and reporting, De- overhaul services as well as pooling, to sup- humidifiers. The flight deck air is normally ex- fect Analysis, ,Maintenance Control and Plan- port Neos’ daily operations. NEOS is an airline tremely dry as is the air in the crew rest com- ning, Structures and Repair Support, Scheduled based in Somma Lombardo established in June partments. By humidifying the air, work and Maintenance Check Pack Compilation, Aircraft 2001. NEOS owns bases at the airports of Mi- rest conditions improve significantly. Not only Acquisitions and Lease Management, Warranty, lan/Malpensa, Verona and Bologna, from all of will crew benefit from higher humidity levels ARC Reviews and Certification, OEM Interface which it operates daily regular flights and lei- during flights, but they will also recover faster Support. sure flights respectively to Southern Europe, during layovers and return flights. Africa, Middle and Far East, the Caribbean, Mexico and Brazil. NEOS and Lufthansa Technik AG extend Monarch Aircraft Engineering gains Part existing cooperation M Subpart G approval THAI signs GE OnPoint Solution agree- The Italian airline NEOS and Lufthansa Technik ment for GE90 engine fleet maintenance Monarch Aircraft Engineering has been granted AG have extended their existing cooperation. Part M Subpart G approval as a Continuing Air- Lufthansa Technik started its Total Compo- Thai Airways International signed a 12-year worthiness Management Organisation C ( AMO) nent Support TCS for the NEOS fleet in 2002. OnPoint solution agreement for the main- by the European Aviation Safety Agency (EASA). The contract extension will run by further five tenance, repair and overhaul of the airline’s Through the company’s Part M approval, MAEL’s years. The current NEOS fleet is composed GE90-115B engines that power its 14 Boe- 8 WEEKLY AVIATION HEADLINES

proven encryption expertise. Sagem’s WEFA month from Q1 2016 as it transitions towards MRO & PRODUCTION NEWS system meets the emerging needs of the air the A330neo. With over 11,500 Airbus single transport industry, since it supplies data for aisle aircraft sold and more than 6,400 de- ing 777-300ER aircraft. The OnPoint solution preventive maintenance, improving flight livered to 317 operators, the A320 family in- agreement will enable THAI to have the highest safety and enabling airlines to lower their op- cludes the A319, A320 and A321. quality services at a predictable cost. OnPoint erating costs. A pioneer in aircraft monitoring solutions are customized service agreements and maintenance systems, Sagem supplies Aircraft Condition Monitoring Systems (ACMS) tailored to the operational needs of each cus- Royal Jet awards SR Technics mainte- tomer for any size fleet. These agreements on the Airbus A300, A310, A320, A380, A400M and A350 XWB. nance contract for twelve CFM 56-7B help lower the customers’ cost of ownership engines and maximize the use of their assets. Backed by GE’s global support network, OnPoint ser- Royal Jet, the Middle East’s foremost private vices may include overhaul, on wing support, Fokker and SASMOS celebrate inaugura- charter company, headquartered in Abu Dha- new and used-serviceable parts, component tion of India Joint Venture bi, capital of the United Arab Emirates (UAE), repair, technology upgrades, engine leasing, has awarded SR Technics, one of the world’s Fokker Elmo, a business unit of Fokker Tech- integrated systems support and diagnostics leading technical providers of solutions to air- nologies and SASMOS HET Technologies, for- and integrated systems. lines, a five-year contract to maintain, repair mally inaugurated their joint venture for the and overhaul their CFM56-7B engine fleet. production of Electrical Wiring Interconnec- The CFM56-7B engines are currently in service tion Systems (EWIS) for aircraft and engines, on Royal Jet’s six luxurious Boeing Business thus supporting the “Make in India” policy. Sagem’s WEFA system to transmit main- Jet (B737-700 IGW) aircraft, which are used The inauguration has taken place at the Joint tenance data on A320 family jetliners is by the carrier’s prestigious VIP guests. The Venture facility in Whitefield, Bangalore. The certified work on the engines will be carried out at SR current SASMOS facility employs more than Technics’ world renowned facilities at Zurich Airbus has certified the WEFA system made 250 employees. The Joint Venture enables Airport, Switzerland. The maintenance, repair by Sagem (Safran), intended to remotely track optimized operations and further growth rec- and overhaul of the first of the twelve Royal the situation and maintenance status of Air- ognizing that the Indian aviation market is Jet CFM engines began in the second week of bus A320 commercial jetliners. The certifica- one of the fastest growing and most dynamic February, 2015. tion from Airbus opens a potential market of aviation markets in the world today. Aircraft several thousand aircraft for Sagem. Sagem’s manufacturers need Indian industrial partici- WEFA system (Wireless Extension for ACMS/ pation, which presents excellent business de- Aircraft Condition Monitoring System) allows velopment opportunities for the Fokker Elmo airlines to remotely manage their flight data SASMOS Joint Venture to successfully support FINANCIAL NEWS using a secure Internet connection, and there- current and future customers. The Joint Ven- fore plan ahead for maintenance operations. ture will start with production of EWIS for the AerCap reports record financial results Featuring a “plug and play” design, the WEFA Boeing Company. system calls on the secure radio transmission AerCap reported fourth quarter 2014 net of maintenance data collected in flight by the income was US$298.2m, compared with FDIMU (Flight Data Interface Management Airbus increases A320 rate, adjusts US$65.6m for the same period in 2013. Fourth Unit), also supplied by Sagem. The core of the A330 for NEO transition quarter 2014 reported basic earnings per WEFA system is a 3G radio network for data share were US$1.41, compared with US$0.58 transmissions between aircraft and with air- Airbus has decided to further increase the for the same period in 2013. The increase in ports. It offers extensive processing capacity production rate for its very successful A320 net income and earnings per share over the for data from the aircraft’s avionics suite, prior Family to 50 aircraft per month from Q1 2017, fourth quarter 2013 were driven primarily by to transmission to the ground to speed up matching market demand. Additionally, Airbus the ILFC transaction. Fourth quarter 2014 ad- maintenance operations. It calls on Sagem’s is adjusting the A330 production rate to six a justed net income was US$296.7m, compared

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another limited liability company subsidiary, ing a 13,3 percent increase year over year and FINANCIAL NEWS co-issued US$667m of Reg. S/Rule 144A DTC once more became the second largest carrier eligible notes (the Notes) with the concurrent in Europe according to number of passen- direct placement of more than 90% of the eq- gers. In 2014 passenger load factor stood at with US$72.8m for the same period in 2013. uity to a new investment partner for DVB. The 79%. In 2015, Turkish Airlines is targeting to Fourth quarter 2014 adjusted earnings per bond format offering introduced a number of increase its’ capacity by 15%. While passen- share were US$1.40, compared with US$0.64 structural innovations, and is rated by Stand- ger load factor is expected to be above 80%, for the same period in 2013. The increases in ard & Poor’s Ratings Services (S&P) and Kroll total number of passengers carried is targeted adjusted net income and earnings per share Bond Rating Agency (KBRA). It was signifi- to reach to 63,2 million, including 26 million over the fourth quarter 2013 were driven pri- cantly oversubscribed and widely distributed on scheduled domestic routes, 36 million on marily by the ILFC transaction. Annualized net to investors achieving the tightest pricing on scheduled international routes, and the rest spread for the fourth quarter 2014 was 9.8%, an aircraft Asset-Backed Securitisation (ABS) on charter and hajj flights. By the end of 2015, up from 8.7% in the same period of 2013, and transaction since the most recent financial the fleet size is planned to reach to 293, in- was 9.7% for full year 2014, up from 8.6% for crisis. cluding 214 narrow-body, 68 wide-body and full year 2013. Interest expense in the fourth 11 cargo aircraft. During 2015, TurkishAirlines quarter of 2014 includes ~US$12m of one- is planning to add 2 new domestic and 7 new time charges relating to debt breakage costs international destinations to its’ network, on aircraft sales and interest costs on ALS in- Turkish Airlines recorded US$845m net thus bringing the total number of destina- vestment. profit in 2014 tions to 273. Turkish Airlines reported that sales revenue increased by 13% in 2014, reaching a total DVB closes first aircraft asset-backed of US$11bn. While operating profit stood AAR to sell Telair Cargo Group to Trans- securitisation at US$638m and net profit was recorded at Digm for $725m US$845m compared to the previous year. DVB Bank SE’s (DVB) Aviation Investment In 2014 Turkish Airlines recorded a capacity AAR has agreed to sell its Telair Cargo Group to Management team, in its capacity as invest- (ASK) growth of 16,3%, significantly above TransDigm for a purchase price of US$725m in ment advisor to the Deucalion Aviation Funds, the industry growth rate of 5,6 for the same cash, subject to adjustments. The Telair Cargo completed the sale of 20 aircraft valued at ap- period, resulting in an increase in global mar- Group is comprised of Telair International, Tel- proximately US$814m to a special purpose ket share from 1,6% to 1,8%. Turkish Airlines air U.S., and Nordisk Aviation Products. AAR exempted company which, together with carried 54,7 million passengers in 2014 imply- will report its Telair Cargo Group as discontin-

SAA Technical (SOC) Limited (Reg. No 1999/024058/30) Situated at OR Tambo International Airport Republic of South Africa (Hereinafter referred to as “SAAT”)

REQUEST FOR BID (RFB) FOR THE FOLLOWING: ______

RFB NO. SP441/14

THE MAINTENANCE OF THE GTCP331-600 APU(AUXILIARY POWER UNITS) FOR 9 X AIRCRAFTS PLUS 2 X SPARE UNITS.

Enquiries may be directed ONLY in writing to the Project Managers: Evelyn Fallert –[email protected] Fax : +27 (0)11 978 2638 Or Leon Robbertse – [email protected] Fax: +27 (0)11 978 2638 The submission closing date for the RFB No: SP441/14 is the 17th March 2015, at 11h00(GMT). No late submissions will be considered ______

SAAT hereby invites suitably qualified suppliers to tender for the above request. RFB documents will be made available for download on www.flysaa.com (Click on “About Us”, then “SAA Tenders”) from the 3rd March 2015

Page 1 of 1 10 WEEKLY AVIATION HEADLINES

2013. Republic’s adjusted income from con- ity EC145 T2, which is the newest and most FINANCIAL NEWS tinuing operations for 2014 was US$73.4m, powerful model in Airbus Helicopters’ proven with an adjusted pre-tax margin of 8.7%. EC145 light twin-engine helicopter family. ued operations beginning in the third quarter On a GAAP basis, including special items, The Royal Thai Army signed for six EC145 of FY 2015 and the sale is expected to close Republic’s fourth quarter 2014 pre-tax loss T2s with a VIP installation, under the Light in the fourth quarter ending May 31st, 2015, was US$1.4m, pre-tax margin was -0.4% Utility Helicopter Type II requirement, to be subject to regulatory approval. When the sale and income from continuing operations was deployed principally on official passenger closes, AAR expects to report a pre-tax gain of US$11.7m. On a GAAP basis, including spe- transport duties, with deliveries scheduled to approximately US$200 million after expenses cial items, Republic’s 2014 pre-tax income begin in 2016. and fees. AAR further announced its inten- was US$85.2m, pre-tax margin was 6.2% tion to sell its unprofitable Precision Systems and income from continuing operations was Manufacturing business and will report it as a US$64.3m. On Jan. 1st, 2015, Republic com- OTHER NEWS discontinued operation and record an impair- pleted its consolidation of all Chautauqua ment charge of approximately US$40m in the Airlines operations onto the Shuttle America Abu Dhabi Airports announced that passen- third quarter of FY 2015. operating certificate. All operating aircraft ger traffic at Abu Dhabi International Airport and related employees are now transferred increased by 20.7% in January 2015. A total to Shuttle America’s operation. Republic of 1,887,631 passengers passed through Abu hopes to sell the remaining Chautauqua Air- Dhabi International Airport during the month, Air Lease Corporation announces fiscal lines entity and related assets during the compared with 1,564,266 in January 2014. year and fourth quarter 2014 results first half of 2015. During the fourth quar- There were 14,128 aircraft movements in Air Lease Corporation reported another con- ter of 2014, Republic extended the service January 2015, which was an 18% increase over secutive quarter of record fleet, revenue and terms of aircraft under its fixed-fee capacity January 2014’s figure of 11,972. Cargo activ- profitability growth: Diluted EPS increased purchase agreements with US Airways and ity comprised 64,479 tons handled at the air- 32% to US$2.38 per share for the year ended Delta Air Lines. Republic also agreed to oper- port’s three terminals in January 2015, an 11% December 31st, 2014 compared to US$1.80 ate an additional nine E170 aircraft for Delta increase when compared to January 2014. for the year ended December 31st, 2013. Rev- Air Lines. enues increased 22% to S$1bn for the year ended December 31st, 2014 compared to A consortium comprising the Russian Direct US$859m for the year ended December 31st, Investment Fund (RDIF), a US$10bn fund es- HEICO reports net income of US$27.6m 2013. Revenues increased 18% to US$286m tablished to make equity investments into for the three months ended December 31st, for the first quarter of fiscal 2015 Russian economy, Changi Airports Interna- tional (CAI), a wholly-owned subsidiary of 2014 compared to US$243m for the three H EICO reported net income of US$27.6m, leading airport operator Changi Airport Group, months ended December 31st, 2013. Income in the first quarter of fiscal 2015, up from and Basic Element, one of Russia’s diversified before taxes increased 35% to US$395m with US$27.5m in the first quarter of fiscal 2014. industrial groups, has been announced as the a pretax profit margin of 38%, compared to in- Net income in the first quarter of fiscal 2014 winner of the tender to acquire shares in Vlad- come before taxes of US$293m with a pretax includes approximately US$2.6m, from a re- ivostok International Airport in Russia’s Far profit margin of 34% for the previous year. In- duction in accrued contingent consideration East. Each member will hold an equal share in come before taxes increased 19% to US$108m related to a prior year acquisition. Operating the consortium. The consortium’s bid was rec- with a pretax profit margin of 38% compared income totaled US$46.4m in the first quarter ognised as the best based on the strength of to income before taxes of US$91m with a pre- of fiscal 2015 as compared to US$50.4m in the technical, legal and financial components tax profit margin of 37% for 2013. Air Lease the first quarter of fiscal 2014. The Company’s in the submission. The transaction will be Corporation recorded US$20m in gains on air- consolidated operating margin was 17.3% and closed after regulatory approvals are received. craft sales, trading and other activity for the 18.9% in the first quarter of fiscal 2015 and Vladivostok International Airport is strategi- three months ended December 31st, 2014 2014, respectively. The decrease in the first cally important for the development of the air compared to US$17m in gains on aircraft quarter of fiscal 2015 operating income and transportation system in the region due to its sales, trading and other activity for the three operating margin was principally attributed to geographical location – the crossing of two air months ended December 31st, 2013. a US$4m benefit realized in the first quarter routes between the Russian Far East and the of fiscal 2014 resulting from the aforemen- Asia Pacific region. In 2012, the aerodrome at tioned net reduction in accrued contingent Vladivostok International Airport underwent consideration. Net sales increased by 1% to Republic Airways reports fourth quar- large-scale modernisation and a new terminal US$268.2m in the first quarter of fiscal 2015, ter and full year 2014 results construction and is since able to receive all as compared to US$266.8m in the first quar- types of aircraft. The upgraded infrastructure Republic Airways reported financial results ter of fiscal 2014. has also enhanced the travelling experience of for the fourth quarter and full year ended passengers. Dec. 31st, 2014. Republic’s pre-tax income excluding special items, for the fourth quarter of 2014 was US$32.1m, an 8.4% increase Military and Defence Singapore Technologies Engineering (ST Engi- over the fourth quarter or 2013. Repub- neering) announced that its indirect associat- lic’s adjusted income from continuing oped company, Total Engine Asset Management erations for the fourth quarter of 2014 was The Royal Thai Army acquires six Air- bus Helicopters EC145 T2 (TEAM), has set up wholly-owned subsidiaries, US$19.8m and its adjusted pre-tax margin TEAM France 01 S.A.S. and TEAM France 02 was 9.3%. For the full year of 2014, Repub- A further addition to the Royal Thai Army’s S.A.S. in France. TEAM France 01 and France lic’s pre-tax income, excluding special items, rotorcraft fleet has been committed with the 02, with share capital of €230,001 (approxi- was US$120.2m, a US$17.7m increase over acquisition of six Airbus Helicopters light-util- mately US$352,385) and €70,000 (approxi- ISTAT Americas is the aviation industry’s premier conference for manufacturers, appraisers, financiers, lessors, airline personnel, fleet managers and remarketers. Register today: www.istat.org/americas.

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International Society of Transport Aircraft Trading 12 WEEKLY AVIATION HEADLINES

OTHER NEWS Recommended Events mately US$107,247) respectively, will focus on supporting TEAM on engine leasing. TEAM is a joint venture between ST Aerospace En- gines (STA Engines) (50%) and the Marubeni Corporation (50%). Established in 2011 in Sin- gapore, TEAM provides engine leasing services Routes Asia for CFM56-3, CFM56-5B, CFM56-7B engines March 15, 2015 – March 17, 2015 that power narrow-body aircraft such as the InterContinental Kunming Airbus A320 and Boeing 737, as well as the Operating Lease Masterclass (Advanced) 2015 IAE V2500 turbofan engine which powers the March 23, 2015 – March 24, 2015 Airbus A320 family (A320, A321, A319 and the Park Plaza, County Hall London Airbus Corporate Jet). STA Engines is a wholly- owned subsidiary of Singapore Technologies Routes Europe April 12, 2015 – April 14, 2015 Aerospace, specialising in aircraft engine af- Aberdeen Exhibition & Conference Centre termarket services. MRO Americas 2015 April 14, 2015 – April 16, 2015 INDUSTRY PEOPLE Miami Beach Convention Center

• Lars Sandahl Sørensen is returning to SAS as EASA & Continuing Airworthiness Seminar 2015 April 20, 2015 – April 20, 2015 new Group Director and COO, (Chief Operat- The Spencer, Dublin ing Officer), SAS.H e will join on May 1st, 2015. Sørensen was previously Group Director and Click here for more aviation events CCO (Chief Commercial Officer) of global services company ISS. Prior to that he worked for SAS from 2003 to 2010. He was initially MD markets worldwide for major assets such as of the airline’s then subsidiary company SAS landing gear, thrust reversers, inlet cowls and International before being appointed Group flight controls. Commercial Director with responsibility for product development, network, revenue • Marion C. Blakey management and marketing. Sørensen is cur- is to become Presi- AviTrader Publications Corp. rently a partner at Flensby & Partners and ad- dent and Chief Execu- Suite 305, South Tower visor to several private equity funds. He also tive Officer of Rolls- holds a number of board positions. Royce North America 5811 Cooney Road and Chair of the Rolls- Richmond, BC • Erich Ceru has Royce North America Canada V6X 3M1 joined the top man- Board of Directors, agement of leisure Marion C. Blakey replacing James M. Photo: Rolls-Royce Publisher carrier Small Planet Guyette who will be Airlines, bringing ex- retiring in May. Ms. Blakey will leave her posi- Peter Jorssen tensive experience in tion as President and Chief Executive Officer Tel: +1 604 318 5207 aviation. Erich Ceru of the Aerospace Industries Association (AIA) helped the multiple where she has served nearly eight years. At Editor Erich Ceru F1 champion Niki AIA she’s been an authoritative and influential Photo: Small Planet Airlines Heike Tamm Lauda to develop the voice for the aerospace and defense industry, business activities of airline FlyNiki. Austrian representing approximately 340 of the in- [email protected] professional Erich Ceru will be Chief Technol- dustry’s leading manufacturers. She has also Tel: +34 (0) 971 612 130 ogy Officer at Small Planet Airlines, taking played a leading role in promoting the export responsibility for the strategy of the aircraft of civil and defense aviation products, and sup- Advertising Inquiries and fleet and the technical-maintenance system. ported the priorities of America’s thousands of suppliers to aerospace and defense programs. Customer Support • Universal Asset Management announced Jenny Falk the promotion of Shane Warf and Daniel • Erno Hildén, Finnair’s Chief Financial Of- [email protected] Hansen to Vice Presidents of Strategic Mar- ficer and member of the company’s Execu- Tel: + 49 (0) 8761 346 007 kets. Shane and Daniel both joined UAM in tive Board, will leave the company on April August 2014 from ILFC. In their new positions, 30th, 2015. Hildén has made a long career in Shane and Daniel will be working to expand different leadership roles at Finnair. He has For inquiries and comments, opportunities with airlines, MROs and OEMs served the company since 1997 and has been please email: worldwide to further enhance the already a member of the Executive Board since 2009. [email protected] growing footprint of UAM’s international Mika Stirkkinen, Vice President, Finance, will clientele by embedding UAM in strategic act as temporary CFO as of March 1st, 2015. Page 1 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE Commercial Jet Aircraft Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone A319-112 Doric CFM56-5B6/3 3589 2008 Mar 2015 Sale / Lease Maurick Groeneveld [email protected] +49.69.24755942 A319-112 Doric CFM56-5B6/3 3818 2009 Mar 2015 Sale / Lease Maurick Groeneveld [email protected] +49.69.24755942 A319-133 Amentum Capital V2527M-A5 3705 2008 Now Sale / Lease Stephanie Sanford [email protected] +353 16310333 A320-200 ORIX Aviation V2527-A5 2651 2006 Q1/2016 Sale / Lease Daniel Cunningham [email protected] +353 871774524 A320-200 GA Telesis V2500-A1 53 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 A320-200 GA Telesis V2500-A1 54 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 A320-200 GA Telesis V2500-A1 64 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 A321 GA Telesis CFM56-5B2/P 434 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 A321-100 GA Telesis CFM56-5B2 494 1993 Q1/2015 Sale Stefanie Jung [email protected] +1 954-958-1321 A321-100 GA Telesis CFM56-5B2 515 1995 Q1/2015 Sale Stefanie Jung [email protected] +1 954-958-1321 A330-223 Amentum Capital PW4168A 970 2008 Now Sale / Lease Stephanie Sanford [email protected] +353 16310333 A330-223 Amentum Capital PW4168A 943 2008 Mar 2015 Sale / Lease Stephanie Sanford [email protected] +353 16310333 A330-223 Amentum Capital PW4168A 962 2008 Mar 2015 Sale / Lease Stephanie Sanford [email protected] +353 16310333 A330-223 Amentum Capital PW4168A 979 2009 Oct 2015 Sale / Lease Stephanie Sanford [email protected] +353 16310333 A340-200 GA Telesis CFM56-5C3/F 14 Sale Stefanie Jung [email protected] +1 954-958-1321 A340-200 GA Telesis CFM56-5C3/F 22 Sale Stefanie Jung [email protected] +1 954-958-1321 B737- 300 PhoenixPhoenix AerAer CapitalCapital CFM56- 3 24532 NowNow SaleSale BobBob GallagherGallagher r.gar gallagher@[email protected] com +1 727 - 376- 0292 B737-300 Phoenix Aer Capital CFM56-3 24666 Now Sale Bob Gallagher [email protected] +1 727-376-0292 B737-300F ORIX Aviation CFM56-3B2 24711 1990 Apr 2015 Sale / Lease Cian Coakley [email protected] +353 877760451 B737-400 Wing Capital CFM56-3C1 26066 Jan 2015 Sale / Lease Ben Jacques [email protected] +353 766025252 B737-400 World Star Aviation Services CFM56-3C1 24706 1991 Now Sale / Lease Sean O Connor [email protected] +1 415-956-9456 B737-400 World Star Aviation Services CFM56-3C1 28550 1997 Jan 2015 Sale / Lease Sean O Connor [email protected] +1 415-956-9456 B737-400 Safair Operations Combi 26961 Mar15 ACMI/Wet lease/Sale C. Schoonderwoerd [email protected] +27 11 928 0000 B737-500 World Star Aviation Services CFM56-3B1 26297 1994 Now Sale / Lease Sean O Connor [email protected] +1 415-956-9456 B737-700 ORIX Aviation CFM56-7B20/3 34693 2007 Q1/2016 Lease Cian Coakley [email protected] +353 877760451 B737-700 ORIX Aviation CFM56-7B20/3 35132 2007 Q1/2016 Lease Cian Coakleyy [email protected]@ +353 877760451 B737-700 ORIX Aviation CFM56-7B22/3 35084 2008 Apr 2016 Sale / Lease Cian Coakley [email protected] +353 877760451 B737-800 ORIX Aviation CFM56-7B24 34182 2006 Q4/2015 Sale / Lease Cian Coakley [email protected] +353 877760451 B737-800 (5) Wing Capital CFM56-7B26 various 7-12/2015 Lease Ben Jacques [email protected] +353 766025252 B747-400 GA Telesis PW4056 28754 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 B747-400 GA Telesis airframe only 24993 1991 Q1/2015 Sale Stefanie Jung [email protected] +1 954-958-1321 B747-400 GA Telesis airframe only 27093 1992 Q1/2015 Sale Stefanie Jung [email protected] +1 954-958-1321 B747-400ERF Amentum Capital CF6-80C2B5F 37303 2009 Now Sale / Lease Stephanie Sanford [email protected] +353 16310333 B747-400SF Wing Capital P&W 24998 Now Sale / Lease Ben Jacques [email protected] +353 766025252 B757-200 World Star Aviation Services RB211-535-E4 24544 1990 Now Sale / Lease Sean O Connor [email protected] +1 415-956-9456 B767B767-200ER 200ER CastlelakeC tllk CF6-80C2B2CF6 80C2B2 23900 1987 FebF b 2015 SaleSl / /L Lease JoeJGiit Giarritano [email protected] i it @ tllk +11 612 851 3032 B767-200ER Castlelake CF6-80C2B2 23901 1987 Q1/Q2 Sale / Lease Joe Giarritano [email protected] +1 612 851 3032 2015 B767-200ER Castlelake CF6-80C2B2 23902 1988 Q1/Q2 Sale / Lease Joe Giarritano [email protected] +1 612 851 3032 2015 B767-200ER Castlelake CF6-80C2B2 26847 1993 Q1/Q2 Sale / Lease Joe Giarritano [email protected] +1 612 851 3032 2015 B767-200ER Castlelake CF6-80C2B2 24764 1990 Q1/Q2 Sale / Lease Joe Giarritano [email protected] +1 612 851 3032 2015 B767-200ER Castlelake CF6-80C2B2 24765 1990 Q1/Q2 Sale / Lease Joe Giarritano [email protected] +1 612 851 3032 2015 B767-300ER ORIX Aviation PW4060 25285 Q1/2015 Lease Cian Coakley [email protected] +353 877760451 DC10-30F Bristol Associates CF6-50C2 47925 1974 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 DC10-30F Bristol Associates CF6-50C2 47929 1975 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 L100L100- 30 SaSafairfair OpeOperationsrations 505011-D22 D22 Now - Wet Lease / ACMI C. ScSchoonderwoerdhoonderwoerd cocorneliss@[email protected] +27 11 992828 0000

Regional Jet / Turboprop Aircraft Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone MD82 GA Telesis JT8D-200 53027 1990 Now Sale Stefanie Jung [email protected] +1 954-958-1321 MD82 GA Telesis JT8D-200 49991 1990 Now Sale Stefanie Jung [email protected] +1 954-958-1321 MD82 GA Telesis JT8D-200 53025 1990 Now Sale Stefanie Jung [email protected] +1 954-958-1321 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 ERJERJ-135LR 135LR BristolBi t lA Associates i t 145332 2000 NowN SaleSl / /L Lease Ed McNair M N i / Pete P t Seidlitz S idlit [email protected] i t l@b i t l i t +11 202-682-4000 202 682 4000 ERJ-135LR Bristol Associates 145334 2000 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-135LR Bristol Associates 145323 2000 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000

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Regional Jet / Turboprop Aircraft (cont.) Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone ERJ-145ER GA Telesis 145049 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 ERJ-145ER GA Telesis 145052 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 ERJ-145ER GA Telesis 145054 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 ERJ-145ER GA Telesis 145056 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 ERJ-145ER GA Telesis 145057 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 ERJ-145ER GA Telesis 145045 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 ERJERJ-145ER 145ER GA Telesis T l i 145063 1998 NowN SaleSl / /L Lease StefanieSt f i Jung J [email protected]@tli +1 954-958-1321 954 958 1321 ERJ-145ER GA Telesis 145071 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 ERJ-145ER GA Telesis 145067 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321

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 (2) AE3007A1 Now - Sale/Lease/Exch. Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 CF34 Engines Sale / Lease Company Contact Email Phone (1) CF34-8E5 Now - Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +49-6731-497-368 (2) CF34-10E5 Now - Lease (1) CF34-3B / 3B1 Now - Lease (1) CF34-3A Now - Sale / Lease (1) CF34-3B1 Now - Sale GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (2) CF34-3A1 Now - Sale / Lease (1) CF34-8C5/B1 Now - Sale/Lease/Exch. Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 (1) CF34-8C5 Now - Lease Engine Lease Finance Joe Hussar [email protected] +1 617 828-3569 (1) CF34 - 10E6 NowNow - LeaseLease Willis Lease DavidDavid DesaulniersDesaulniers ddesaulniers@[email protected] com +1 415 516 4837 (1) CF34-8E5A1 Now - Lease AeroCentury Frank Pegueros [email protected] +1 650 340 1888 CF34-8E(s) Now - Sale / Lease GECAS Engine Leasing Sherry Riley [email protected] +1 (513) 782-4272 CF6 Engines Sale / Lease Company Contact Email Phone (2) CF6-80C2A5 Now - Sale / Lease Apollo Aviation Group Erik Castillo [email protected] +1 (305) 579-2340 (1) CF6-80C2B4 Now - Sale / Lease (1) CF6-80C2B1F Now - Sale / Lease (1) CF6-80C2BXF Now - Sale / Lease (2) CF6-80C2A2 Now - Sale / Lease (1)() CF6-50C2 Now - Sale / Lease Takingg Aviation Forward, LLC Konrad J Walter [email protected]@g +1 954-445-8127 (1) CF6-50 Now - Sale / Lease Phoenix Aer Capital Bob Gallagher [email protected] +1 727-376-9292 (1) CF6-80C2B7F Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (1) CF6-80C2B6F Now - Lease CF6-50E2 (multiple) Now - Sale / Lease Commercial Aircraft Services Brian Cooper [email protected] +1 208-899-1915 (1) CF6-80C2B1F Now - Sale / Lease AerSale. Inc. Matthew White [email protected] +353 1475 3005 (1) CF6-80C2B6F Now - Sale / Lease Steven Boecker [email protected] +1 305 815-9855 (1) CF6-80C2B7F Now - Sale / Lease Matthew White [email protected] +353 1475 3005 (3) CFM56-3C1 Now - Sale / Lease Wing Capital Ben Jacques [email protected] +353 766025252 (2) CF6-80C2BXF Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst [email protected] + 44 (0) 7760884250 (1) CF6CF6-80C2B1F 80C2B1F NSl/LNow - Sale / Lease FortressFt Investment I t tG Group TMFld Tom McFarland [email protected] i ti @f t +11 305-520-2349 305 520 2349 (1) CF6-80C2B6F Now - Sale / Lease (1) CF6-80C2B1F Now - Sale / Exchange AeroTurbine Elizabeth Peters [email protected] +1 (214) 263-1173 (1) CF6-80C2B6F Now - Sale / Exchange or (2) CF6-80C2B6F Now - Lease Andrew McCain [email protected] +1 (786) 879-0830 (1) CF6-80C2B6 PMC Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) CF6-80C2B4 Now - Sale / Lease (1) CF6-80C2B7F Now - Sale / Lease (2) CF6-80C2B7F Now - Lease Engine Lease Finance Joe Hussar [email protected] +1 (617)828-3569

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March 2, 2015 Page 3 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE

Commerical Engines (cont.) CFM56 Engines Sale / Lease Company Contact Email Phone CFM56-3C1 (SV) Now - Sale / Lease TrueAero, LLC Brent Corrie [email protected] +1 561-310-3242 (1) CFM56-5C4/P Now - Sale / Lease (2) CFM56-5A3 Now - Sale Aeronautics Fund Jerome Guichard [email protected] +33 6 88 92 28 54 (1) CFM56-7B27 Now - Lease Engine Lease Finance Joe Hussar [email protected] +1 617 828-3569 (1) CFM56-5B1/P Now - Lease (1) CFM56-5A3 Now - Sale / Lease World Star Aviation Services Sean O Connor [email protected] +1 415-956-9456 ((1)1) CFM56CFM56-3B1 3B1 Now - Sale / Lease (1) CFM56-3C1 Now - Sale / Lease (2) CFM56-3C1 Now - Sale / Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360 (1) CFM56-5A3 Now - Sale / Lease (2) CFM56-5B4P Now - Sale / Lease (1) CFM56-5C4 Now - Sale / Lease (3) CFM56-5A1 Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) CFM56-3C1 Now - Sale ORIX Aviation D. Cunnigham +353 871774524 (1) CFM56-3C1 Now - Sale Mike Visconti [email protected] +1 305 753-6106 (1) CFM56-3B2 Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (1) CFM56-3C1 Now - Sale / Lease (1) CFM56-7B27/3B1F Now - Sale/Lease/Exch. AerSale. Inc. Alan Kehoe [email protected] +353 879 393 534 (1) CFM56-5A3 Now - Lease (1) CFM56-3C1 Now - Lease (4) CFM56-3B1/C1 Now - Sale/Lease/Exch.Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 (6) CFM56-3C1 Now - Sale/Lease/Exch. Lufthansa Technik Airmotive Irel. Alan Phelan [email protected] +353-87-2786738 (1) CFM56-3B2 Now - Sale/Lease/Exch. (2) CFM56-7B Now - Sale / Lease Castlelake Neil McCrossan [email protected] +44-207-190-6119 (1)CFM56-5C3F Now - Sale / Lease (1) CFM56 CFM56-5B-5B Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham ctopham@werneraero. com +1-703-402-7430+1-703-402-7430 (1) CFM56-7B Now - Sale/Lease/Exch. CFM56-3(s) Now - Sale/Lease/Exch. SES Ivan Graydon [email protected] + 353 61 70 6463 CFM56-5A(s) Now - Sale/Lease/Exch. CFM56-5B(s) Now - Sale/Lease/Exch. CFM56-7B(s) Now - Sale/Lease/Exch. (2) CFM56-7B24 (Non-TI) Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (2) CFM56-5B4/3 Now - Lease (1) CFM56-5B4/P Now - Lease (2) CFM56-7B24/3 Now - Lease (1) CFM56-5A3 Now - Lease (1) CFM56-5C4/P Now - Lease (3) CFM56-3C1 Now - Sale / Exchange AeroTurbine Elizabeth Peters [email protected] +1 (214) 263-1173 (2) CFM56-5A1F Now - Lease or (2) CFM56-3C1 Now - Lease Andrew McCain [email protected] +1 (786) 879-0830 (1) CFM56-3B1 Now - Lease (2) CFM56-3B2 Now - Sale / Exchange (1) CFM56-7B22 Now - Sale / Exchange (1) CFM56-7B Now - Lease (1) CFM56CFM56-5A3 5A3 NowNSl/L - Sale / Lease ApolloAllAitiG Aviation Group ErikE ik Castillo C till [email protected] @ ll +1 (305) 579-2340 579 2340 (3) CFM56-5C4 Now - Sale / Lease (2) CFM56-7B Now - Sale / Lease (7) CFM56-3B2 Now - Sale / Lease (1) CFM56-3B1 Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst [email protected] + 44 (0) 7760884250 (1) CFM56-3C1 Now - Sale/Lease/Exch. (2) CFM56-5A Now - Sale GECAS Engine Leasing Sherry Riley [email protected] +1(513)782-4272 JT8D Engines Sale / Lease Company Contact Email Phone (5) JT8D-200 Now - Sale GA Telesis Eddo Weijer [email protected] +1-954-676-3111 PW Small EnEnginesgines Sale / Lease CompanyCompany Contact Email Phone PW121 Now - Sale/Lease/Exch. Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 PW123 Now - Sale/Lease/Exch. PW124B Now - Sale/Lease/Exch. PW125B Now - Sale/Lease/Exch. PW127E/F/M Now - Sale/Lease/Exch. PW150A Now - Sale/Lease/Exch. (2) JT9D7R4 Now - Sale / Lease Phoenix Aer Capital Bob Gallagher [email protected] +1 727-376-9292 Engines available for sale or lease?

To list your equipment in AviTrader´s weekly marketplace please contact Jenny Falk. February 9, 2015 Email: [email protected] Phone: +49 (0)8761 346007 March 2, 2015 Page 4 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE

Commerical Engines (cont.) PW Small Engines Sale / Lease Company Contact Email Phone (3) 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. (1) PW127M Now - Sale/Lease/Exch. (2) PW127F Now - Sale/Lease/Exch. (2) PW124B Now - Sale/Lease/Exch. ()(1) PW150A Now - S/Sale/Lease/Exch. / (1) PW121 Now - Sale / Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360 (1) PW150A Now - Sale GA Telesis Eddo Weijer [email protected] +1-954-676-3111 PW2000 Engines Sale / Lease Company Contact Email Phone (1) PW2037 Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (1) PW2037 Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (3) PW2037 Now - Sale / Exchange AeroTurbine Elizabeth Peters [email protected] +1 (214) 263-1173 PW4000 Engines Sale / Lease Company Contact Email Phone (5) PW4056-1 Now - Sale/Lease/Exch. GA Telesis Eddo Weijer [email protected] +1-954-676-3111 ((2)2) PW4060PW4060-3 3 ETOPS Now - Sale/Lease/ExchSale/Lease/Exch.. PW4056-3 Now - Sale/Lease/Exch. Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 (1) PW4056-3 Now - Sale / Lease Apollo Aviation Group Erik Castillo [email protected] +1 (305) 579-2340 (2) PW4056-3 Now - Sale / Exchange AeroTurbine Elizabeth Peters [email protected] +1 (214) 263-1173 (1) PW4060-3 Dec 14 - Sale / Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360 (4) PW4056 Now - Sale / Lease Wing Capital Ben Jacques [email protected] +353 766025252 (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) PW4056-3 Now - Sale / Lease Alan Kehoe [email protected] +353 879 393 534 (3) PW4168A Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst [email protected] + 44 (0) 7760 884250 (1) PW4060C - 1C NowNow - SaleSale / LeaseLease IAI MichalMichal BulvikBulvik mbulvik@[email protected]. co il +972+972- 3- 9353612 (1) PW4060 Q1/2015 - Lease ORIX Aviation Cian Coakley [email protected] +353 877760451 (1) PW4168A Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (1) PW4168A Now - Sale / Lease Engine Lease Finance Joe Hussar [email protected] +1 (617)828-3569 RB211 Engines Sale / Lease Company Contact Email Phone (1) RB211-524 Now - Sale / Lease AerSale. Inc. Matthew White [email protected] +353 1475 3005 (1) RB211-535E4 Feb 15 - Sale / Lease (2) RB211-535E4 /12B Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst [email protected] + 44 (0) 7760 884250 Trent Engines Sale / Lease Company Contact Email Phone (2) Trent 800 Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) Trent 884 Now - Sale / Lease Apollo Aviation Group Erik Castillo [email protected] +1 (305) 579-2340 V2500 Engines Sale / Lease Company Contact Email Phone (1) V2527-A5 Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (1) V2533-A5 Now - Lease (1) V2527-A5 Now - Sale/Lease/Exch. Elizabeth Peters [email protected] +1 (214) 263-1173 (2) V2533-A5 Now - Sale/Lease/Exch. or Andrew McCain [email protected] +1 (786) 879-0830 1) V2533-A5 w/QEC Now - Lease Rolls-Royce & Partners Finance Bobby Janagan [email protected] +44 20 7227 9078 (1) V2527-A5 w/QEC Now - Lease V2500-A5 Now - Sale/Lease/Exch. Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 (1)() V2527 Now - Sale / Lease TrueAero,, LLC Brent Corrie [email protected]@ +1 561-310-3242 (1) V2533-A5 Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham [email protected] +1-703-402-7430 (1) V2527-A5 Now - Lease Engine Lease Finance Joe Hussar [email protected] +1 617 828-3569 (1) V2533-A5 Now - Sale / Lease

Aircraft and Engine Parts, Components and Misc. Equipment Description Company Contact Email Phone A320 Fresh Part-out Now - Sale TrueAero, LLC Raul Miro/Dave Walters [email protected] +1 772-925-8026 A320 Landing Gear with Fresh Tags Now - Sale 737-500 Fresh Part-out Now - Sale APU GTCP 131 - 9B, GTCP 331 - 500B NLNow - Lease WillisWilli Lease L AnnAL Lee [email protected] @ illi l +1 (415) 408 4769 (1) APU GTCP331-200 and (2) APU APS 2000 Now - Sale / Lease Phoenix Aer Capital Bob Gallagher [email protected] +1 727-376-9292 GTCP131-9A (P/N 3800708-1) Now - Sale / Lease Werner Aero Services Christopher Farrell [email protected] +1 201-661-6819 GTCP36-300A (P/N 3800278-4) Now - Sale / Lease CFM56-7B Evol. LPT mod. Ass. 338-092-319-0 Now - Sale Tradewinds Engine Serv. Brad Pleimann [email protected] +1 954 421 2510 CFM56-5B/5C/7B and V2500-A5 engine stands Now – Lease 737-800 NOSE LANDING GEAR PN 162A1100-5, OH - Now Sale Reliance Aircraft Terry Hix [email protected] +1 512-439-6988 (1) PW901A Now - Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +49-6731-497-368 GTCP131-9B, PW901, (2) GTCP36-300, Now - Sale/Lease/Exch. Aeroturbine Rodney Lee [email protected] +1 972-813-1176 GTCP131-9A,,( (2) ) RE220RJ, , GTCP331-350C,, APS3200

March 2, 2015