Our institution: PROESA is El Salvador’s National Export and Investment Promotion Agency. Its main goal is to promote exports, investments and public private partnerships to help bo- AERONAUTICS ost the economy and create more and better job opportunities. Investment related services provided by PROESA: • Promote Foreign Direct Investment (FDI) in strategic sectors. A rising option in Aeronautics • Advise potential investors in the country assessment process. • Comprehensive guidance and assistance to investors throughout the evaluation, establishment and expansion processes. • Assist in the making of tailor-made agendas for site visits of potential investors. • Provide information and statistics on investment and business opportunities. • Provide proposals oriented to help improve the business climate in the country. El Salvador’s main investment sectors are Aeronautics, Agroindustry, Energy, Light Manufacturing, Offshore Business Services, Specialized Textiles and Apparel, and Tourism.

Para más información contáctenos/For more information, please contact: PBX: +503 2592 - 7000 FAX: +503 2592 - 7069 Email: [email protected] Key Reasons Credibility Labor cost advantage www.proesa.gob.sv Up to 40% more competitive than U.S./ border Existing succesful world class operations with strong operations continuous expansions! El Salvador is one of the most attractive countries within the ✔ region to set up and operate a business. ✔ More than 31 years of successful experience ✔✔ Annual growth 20% Over the last years, The Financial Times journal fDi Intelligence ✔✔ 5,900 employees in the sector ranked El Salvador as the most cost-effective country in Central ✔ America. ✔ Key players already working together under a cluster strategy: • Airport private companies • Government institutions

S al v a do r • Universities, international cooperation High Productivity ✔✔ Aeronautical Engineering High productive labor force ✔✔ Our international clients ✔ ✔ Recognized not only in the Central American region, but also at an • Major U.S. operators international level ✔✔ Components shop and ground services ✔✔ > 98% on time aircraft E l Labor annual turn over ✔✔ Less than 2% ✔✔ Key factor for specialized performance and training World class quality Fast learning curve Highest world standards in place ✔✔ Assures absortion of engineering and technical knowledge required for world class operations ✔✔ FAA, EASA, CASE, DGAC, ANAC, ASA, ARSA © Forbidden the total or partial reproduction of this material without proper authorization PROESA. ✔✔ ISO 9001:2000, ISO 9001-2008 1 El Salvador: A RISING Option in Aeronautics El Salvador: A RISING Option in Aeronautics 2 3 El Salvador: A RISING Option in Aeronautics El Salvador: A RISING Option in Aeronautics 4 El Salvador in the world map of Key Players Key Advantages Investment Opportunities Aeronautics emerging opportunities Selected as an Strategic Sector for El Salvador’s Development ✓✓ Commercial aircraft maintenance service operations ✓✓ Wire Harnesses Operations ✓✓ Ground Support Services ✓✓ Plastic and Metal Mechanic Parts Manufacturing ✓✓ Helicopter maintenance and assembly operations ✓✓ Aerostructures Sub Assembly ✓✓ Light Sports Aircraft (LSA) airframe part www.aeroman.com.sv www.aviotradegroup.com ✓✓ Components Shops Quebec manufacturing ✓✓ First MRO repair station in the Americas to be certified AvioTrade: Creative and innovative solutions in the sales, ✓✓ Painting and maintenance of commercial aircraft ✓✓ Service Parts Logistics with ISO 9001:2000, over 31 years of experience. consolidation, and distribution of routable parts, chemicals, interiors ✓✓ World class quality standard, reliable turnaround time consumables, general hardware, ground support equip- MRO and cost advantage. ment and on-board service materials to airlines, air transport Established clusters ✓✓ Certified by FAA, EASA and regulatory entities from operators, and aircraft maintenance companies. “31 years of successful management supports the development of a pioneer company in the Emerging clusters several Latin American countries. AvioTechnology: Repair facility with FAA, EASA and local aviation maintenance industry in Latin America. AEROMAN is recognized by customers as ✓✓ Founding member of the Airbus MRO network. certificates for a wide range of aircraft components. Highly synonymous of quality, safety, reliability, competitiveness and customer satisfaction.” ✓✓ Over 2,100 qualified employees. U.S. competitive prices with total OEM support. ✓✓ 12 production lines for narrow body aircraft in 4 hangars Ernesto Ruiz Southern with 52,098 m2. San José Aviation Cluster: A duty free complex, dully suited Chairman of the Board, AEROMAN, Aeronautic Industry California Central U.S. ✓✓ Currently under an expansion project to increase for the establishment of distribution, warehouse and logis- 5 hours capacity more than 50%. tics operation of aviation spare parts and component shops. ✓✓ Maintenance with focus on Airbus A320 family and Customers: More than 12 years of successful relationships Boeing B737 type aircrafts. Long Beach/LA with operators. Existing VMI contracts with Avianca Group, Infrastructure Preferential Access to International Customers: Major U.S. and Latin-Americans carriers Aeroman, Latam, VRG, Trip-Azul, TAP Maintenance, and The World Economic Forum’s (WEF) Global Competitiveness South Florida Aeromexico. Markets 2 hours Report 2013-2014 places El Salvador among the nations with ✓✓ El Salvador has trade agreements with 45 countries in Mexico Miami, Fl. www.go-airsupport.com www.hitrainingcenter.com best infrastructure in the world and the best in the Central the Americas, Europe and Asia. Together they represent American region. a potential market of 1.2 billion consumers. Provides corporate and commer- Aviation Training Center Certified RAC ✓ cial flight operators with a reliable, efficient, personalized - 147 No. CO-IOM-007HTC approved by ✓ These agreements provide flexible rules of origin and Manzanillo Mexico El Salvador International Airport -AIES major reductions in import tariffs. Central ground assistance service. the AAC of El Salvador; impart and develop courses Airplane 5.5 days ✓✓ Stands out as an important regional hub and according America type, Engines, Aluminum structures, composite materials, Atlantic Ocean Airsupport has over 20 years of successful operations at El to the WEF, El Salvador has the best airport infrastructure Incentives for Investors preparation for TMA / FAA licenses and specialized training Salvador International Airport, from passenger services and in the Central American region. Port of Acajutla Port of La Unión aircraft according to customer needs; they have experienced The Law of Industrial Free Zones and ground handling, to flight line maintenance. Their wide array ✓✓ It’s classified as Category 1 by the Federal Aviation instructors and customers as AEROMAN, CIAC of Colombia, 2.4 days Port Balboa of products is recognized as the best in its class, and they are Association (FAA). Commercialization Venezuela and Aeroestructuras of Colombia. ✓ Paci c Ocean now expanding operations to and Panama. ✓ It´s near sea level altitude (25m ASL) facilitates the safe El Salvador has 17 Free Trade Zones with excellent road con- take-off and landing of aircraft at 100% capacity. They Offer: Ramp services, line maintenance, flight dispat- www.icarus-sv.com nectivity to major ports and airports. 1.7 days Colombia ✓✓ Has land available for industrial development, especially Strategic location: ching, cargo handling, passenger services, flight crew ser- in Aviation (167 Ha.). Benefits granted by the Law: vices, corporate aviation handling, ground support equip- Consulting division: an aviation Ecuador AIES is in the 6th place among the Top 20 ✓ Close to key markets ment (GSE) rental, parts logistics management, commercial consulting company that provides ✓ Income Tax exemption objective, independent regulatory and technical guidance fastest growing airports within Central ✓✓ Value Added tax exemption Peru and operative representation, operation 24/7. America and Mexico, according to OAG, with ✔ to aviation clients, including airlines, MRO, airports, financial ✓✓ Local tax exemption ✔ A dominant airport certified A1 by Brazil a capacity growth of 32.4% (2014 vs 2010). institutions, government agencies. They have positioned ✓✓ Tax Free introduction into the free zones of machinery, the FAA linking important cities 3.5 days to Callao their consultants in North, Central and South America, Euro- equipment, tools, raw material and semi manufactured ✔✔ Closeness to the vital maritime routes pe, China and Asia, helping aviation clients manage projects, Human Capital Formation and intermediate products www.helica.com.sv assets and operations, mitigate risk, and maximize return on investment thru a technical advisory. The country offers: The International Services Law ✔✔ A natural bi-oceanic logistics corridor During its almost 25 years of experience, has been in the helicopter market working contracts with the UN, the tuna Logistics division: an exclusive service of Sales representa- ✓✓ High School specialized in Aviation Maintenance Benefits granted by the Law: ✔✔ Container terminal ready for Post – ITEXSAL fishing industry and USAID. Helica currently hold an Air Ope- tives and Marketing for original equipment manufacturers ✓✓ 100% exemption from import duties on machinery and ✓ Panamax ships rator Certificate, Maintenance Service Certificate, Flight Tra- companies, thru a range of services with a comprehensive ✓ High School specialized in Military Aviation – FAS equipment (Salvadoran ) ining School and Robinson Helicopter, Eurocopter and MD solution to the supply chain operations (JIT, Kanban, ISO) of ✓✓ 100% exemption from income tax ✓✓ Aircraft Technical-Career and Aeronautical Engineering helicopter dealerships in El Salvador. aircraft parts. ✓ – UDB ✓ 100% exemption from general consumption tax (VAT) ✓ ✓✓ More than 8 training institutions certified by the Civil ✓ 100% exemption from municipal taxes, among others www.cocesna.org www.udb.edu.sv Aviation Authority of El Salvador. ✓✓ Repatriation of earnings and/or dividends Is the Central American Corporation for Air Don Bosco University is a Catholic-based, non- Navigation Services, and the Air Traffic Contro- profit institution dedicated to higher educa- “The success of AEROMAN has been tion, cultural enrichment, scientific research llers Center (ICCAE), with more than 45 years of and technological development that was founded in 1984. achieved through a Salvadoran labor experience. force highly skilled, which shows that The Aviation Maintenance program has been certified since They have trained representatives from: Mexico, Belize, Gua- 2005 under the Organization of Aircraft Maintenance In- our people can meet quality standards temala, Honduras, El Salvador, Nicaragua, Costa Rica, Pana- struction 147 of the Civil Aviation Authority of El Salvador world-class high-tech industries.” Latin America’s Aviation Industry is expected to be one of the fastest ma, Cuba, Dominican Republic, Colombia, Bolivia, Ecuador, (AAC). In 2015 they launched the Aeronautical Engineering. Santiago Salinas Peru, Paraguay and Venezuela. growing markets in coming years They have established agreements with national and inter- Head of business strategy, AEROMAN national aerospace companies and have partnerships with Aeronautic Industry international universities to meet the demand in specialized human resources.