Angola Secures Emirates Deal

ISSN 1718-7966 October 6, 2014 / VOL. 459

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WORLD NEWS Virgin Australia expands with codeshares Virgin Australia and Delta Air Lines have announced they will be expanding their partnership in North Ameri- ca, adding three new destinations as part of their codeshare agreement. Customers of both airlines will now be able to fly from Australia to Nash- ville, Kansas City and Raleigh/Dur- ham as part of the alliance’s continued commitment to strengthening its footprint in the US market. Simultaneously, the Australian carrier announced that for the first Emirates signs a deal to take time it is offering a codeshare flight a role in the with South African Airways. Virgin management of TAAG. Australia will commence codeshare Photo: on South African Airways’ daily di- Emirates rect services from Perth to Johan- nesburg. Angola secures Emirates deal Shannon scoops ERA top Agreement will create a world class Angolan carrier airport award Emirates and the Republic of Angola, with Africa reached a value of AED cargo destinations in Africa in July to Shannon Airport in Ireland is cel- in its capacity as the majority share- 60 billion (or around US$ 16.3 bil- 38 different African destinations by ebrating winning the European Re- holder of TAAG Linhas Aéreas De lion), according to Dubai Customs. the end of September 2014. gions Airline Association (ERA) -Air Angola, announced the signing of a The UAE is the main trading part- port Achievement Award 2014/15 management concession agreement ner with Africa within the GCC, with The Emirates-TAAG Angola initiative for the first time. The award rewards which will see Emirates take a role in approximately 80% of the UAE’s is to further the Republic of Angola’s an airport which has had a positive the management of TAAG. imports from Africa being primary vision to create a world class Ango- impact on intra-European air trans- lan carrier with the port operations and recognises the The agreement lays the “Through this partnership Emirates support of Emirates. importance of airline-airport part- foundation for both As part of the agree- nerships. airlines to jointly lever- aims to provide deeper reach and bet- ment, Emirates will The judging panel of distinguished age commercial oppor- ter connectivity for our passengers in work closely with the industry experts from throughout tunities in Africa and Angolan government Europe were won over by the airport beyond. The ten year Central and South Africa.” and TAAG Angola to on a number of accounts. The judges management agree- Sheikh Ahmed bin Saeed Al Maktoum, chairman and CEO of formulate and imple- applauded Shannon Airport’s huge ment comes as Dubai- Emirates Airline and Group ment a business plan, achievement in returning to profit- based Emirates takes provide management ability after six years of significant de- the spot light as now the biggest car- products, such as food produce and support and devise fleet and route cline, its ability to attract new airline rier in Sub-Saharan Africa. beverages. network strategies, whilst bringing customers and management’s skill synergy through the complementa- in leveraging the airport’s independ- The Emirates’ growing relation- In the last two months alone, ry networks. Emirates will not con- ence from the national airport au- ships within Africa doesn’t come as Dubai’s two main carriers, Emirates tribute equity under this agreement thority to focus on the needs of the a surprise. During the first half of and flydubai, have increased their this year, Dubai’s total non-oil trade connections from 31 passenger and local community. Continued on page 4

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AIRCRAFT & ENGINE NEWS Airbus A350-900 receives EASA Type Certification The world’s latest Macquarie AirFinance selects Bombar- generation com- dier CSeries aircraft powered by Pratt & mercial airliner, Whitney PurePower engines the A350-900, has received type cer- Pratt & Whitney will provide exclusive power for tification from the up to 50 Bombardier CSeries aircraft ordered by European Avia- Macquarie AirFinance (part of the global diver- tion Safety Agency sified financial services institution Macquarie (EASA) on Septem- Group) announced on September 29th, by Bom- ber 30th, 2014. bardier. Macquarie AirFinance intends to take The certified -air delivery of 40 Bombardier CS300 aircraft, with craft is powered by an option to purchase an additional 10 aircraft. Rolls-Royce Trent These aircraft will be leased to airline operators XWB engines. Fed- around the world. The PurePower geared turbo- eral Aviation Ad- fan engine family has more than 6,000 orders ministration (FAA) and commitments, including options, from more certification will than 60 global customers. Airbus A350-900 receives EASA Type Certification Photo: Airbus follow shortly. The EASA A350-900 airberlin cancels order for 33 Boeing aircraft Type Certificate was signed by EASA’s Executive Director, Patrick Ky. The document was handed over to Airbus’ Executive Vice President Engineering, Charles Champion and Airbus’ A350 XWB airberlin has reached an agreement with Boeing Chief Engineer, Gordon McConnell. “The A350 XWB manufacturing programme has also been that orders for 18 Boeing 737 and 15 Boeing 787 innovative and ambitious, aiming for a fully mature aircraft at entry into service and this is aircraft at a price of some $5bn be rescinded. The what we are proud to be delivering to our first A350 XWB customer, Qatar Airways, before the termination agreement for these 33 aircraft does end of the year. Our fleet of five test aircraft completed the certification campaign, on time, not include any compensation to Boeing from air- cost and quality. Accumulating more than 2,600 flight test hours, we created and successfully berlin group, and represents a further important achieved one of the industry’s most thorough and efficient test programmes ever developed step in the gradual harmonisation of the airline’s for a jetliner,” said Fabrice Brégier, Airbus President and CEO. narrow-body fleet. Ulf Hüttmeyer, Chief Financial The A350-900 Type Certification comes after successfully finishing a stringent programme of Officer at airberlin, said: “Not taking on the 33 certification trials which has taken its airframe and systems well beyond their design limits to aircraft ordered will significantly reduce future ensure all airworthiness criteria are fully met capital expenditure for airberlin and improve our balance sheet. Our collaboration with Boeing has always been excellent, and this will remain so. ery includes the 700th AW139, setting a major craft will see Vietnam Airlines become the 45 Boeing 737 NG aircraft will remain in service production milestone, coming approximately first Asian airline to fly the A350 XWB and the on European short- and medium-haul routes. In ten years after its introduction into service. In second operator in the world of the all-new, order to operate more flexibly in the future and this time it has set the new standard in its cat- fuel-efficient widebody. Vietnam Airlines has further reduce costs, standardisation of our fleet egory and become the bestselling aircraft in the a total of 10 A350 XWB on order. The aircraft is a key element of our restructuring”. The tran- intermediate twin category. Samsung Techwin, will be operated on the carrier’s premium sition to a uniform narrow-body fleet should be a leading high-technology company operating long-range services. completed by the end of 2016. airberlin group will globally in business sectors such as electronics, continue to dynamically adapt the existing fleet security, defence, robotics and energy, has been to its needs by purchasing or leasing suitable air- operating AW139s since 2009 when orders for Amentum and Archway Aviation com- craft, although this will be on a smaller scale than four aircraft were placed. plete second Lion Air S&LB originally planned. Amentum, the Dublin based commercial aircraft First A350 XWB for Vietnam Airlines en- leasing company, announces that it has taken 700th AW139 goes to Samsung Techwin ters final assembly delivery of the second factory-new 737-900ER aircraft (MSN 39878) for investor customer AgustaWestland handed over two AW139 inter- Final assembly of the first A350 XWB for Viet- Archway Aviation (an Irish-based operating les- mediate twin helicopters to Samsung Techwin nam Airlines has begun at the Roger Béteille sor). The aircraft was acquired in a sale & lease Co., of the Republic of Korea. These helicopters Final Assembly Line (FAL) in Toulouse, France. back transaction and will be operated by the will be used for corporate transport. The deliv- Scheduled for delivery in mid-2015, the air- airline group’s main Indonesian carrier, Lion Air.

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but appoint four senior managers to work for aims to provide deeper reach TAAG Angola. and better connectivity for our passengers in Central and According to a statement, both airlines will South Africa. At the same time, also cooperate across a wide range of areas we see an opportunity for including bilateral code-sharing on cargo and TAAG Linhas Aéreas De Angola passenger services, participation of customers passengers to benefit from in both airlines’ frequent flyer programmes and Emirates’ global network. passenger and cargo handling. Emirates has also committed to allocate its resources to staff Emirates will continue grow- and crew training on best-in-class business and ing our presence in Africa by operational processes and systems. opening new routes, increasing flight frequencies, and up- TAAG’s links to the South American market will make it an attractive partner. TAAG Angola will additionally explore busi- grading aircraft to meet the Photo: Boeing ness opportunities with dnata, in particular its increasing demand. Exploring passenger and cargo handling, flight catering mutually beneficial agreements with estab- with a strong mining sector, and is one of the and travel services. dnata, part of the Emir- lished carriers such as TAAG Linhas Aéreas De fastest growing economies in the world, making ates Group, is the largest provider of air travel Angola is another key strategy. We believe this it an attractive business destination. services in the Middle East and employs about new partnership will build on the success that 23,000 staff in 38 countries. we have seen on our Dubai-Luanda service, and Analysts believe the partnership will also be the also deliver operational and business synergies stepping stone Emirates is looking for in order His Highness Sheikh Ahmed bin Saeed Al Mak- for both airlines.” to push its foray into the South American mar- toum, chairman and CEO of Emirates Airline and ket, Brazil in particular where TAAG Angola al- Group said: “Through this partnership Emirates Angola is Africa’s second largest oil producer ready has a strong presence.

by OLT Express and will be used by Avanti Air easyJet orders additional CFM56-5B AIRCRAFT & ENGINE NEWS for wet-lease and charter flights. Sinah -Got engines thardt, Manager Sales, Marketing, PR: “We are delighted to announce our Fokker 100 acquisi- easyJet, one of Europe’s leading airlines, an- The first aircraft (MSN 39880) was delivered on tion, with planned entry into service in January nounced an additional order with CFM Inter- September 15. Both aircraft are funded with 2015. We see a market for the hundred seated national for 54 CFM56-5B engines to power commercial debt and are subject to long-term aircraft segment within Europe. The main fo- the 27 Airbus A320 ceo (current engine op- leases. Legal advisors were Clifford Chance (for cus is in operating new potential charter and tion) aircraft scheduled to begin delivery be- Amentum), Milbank (for Archway Aviation) and wet-lease operations. We will continue to offer tween 2015 and 2018. The aircraft order was Stephenson Harwood (for Transportation Part- tailor made services to our client requirements previously announced; the airline is exercis- ners / Lion Air). and be sure to make them suitable with the ing 27 existing purchase rights. CFM values Fokker 100, our first large jet aircraft in fleet. the firm engine order at more than $560m at list price. easyJet has been a CFM customer Avanti Air will start operation with In Fokker we have gained another aircraft type since 1995 and its entire fleet is powered by Fokker 100 that entirely expands our portfolio. The aircraft adds to our existing ATR fleet and allows us to CFM56 engines, with the airline operating Avanti Air GmbH & Co. KG based at Siegerland- offer aircraft from 60 to 100 seats to our cus- 226 CFM56-5B-powered A320-family aircraft. Flughafen in Germany will start operations with tomers for their requirements. With positive Earlier this year, the airline selected the ad- one Fokker 100 aircraft in January 2015. In the market acceptance we consider to add a sec- vanced LEAP-1A for its new fleet for A320neo last 5 to 6 years the aircraft has been operated ond Fokker to our fleet.” aircraft. AVIATION FINANCE SEMINAR 2014 www.everestevents.co.uk Reduced rate Find out what the other guy is thinking for 3 or more delegates 30 October 2014, Holiday Inn Kensington Forum, London

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AIRCRAFT & ENGINE NEWS Etihad Airways rolls out first Boeing 787-9 aircraft

AeroCentury announces aircraft purchase AeroCentury, an independent aircraft leasing company, announced the purchase of a new ATR 42-600 aircraft. The aircraft was purchased from an existing Indonesian customer immediately upon delivery from ATR and simultaneously leased back to the customer.

MRO & PRODUCTION NEWS

Turkish Technic authorized to carry out full-servicing and testing for all Honeywell auxiliary power units on Boeing 737 aircraft Turkish Technic, the maintenance, repair and Etihad Aiways’ first 787-9 Dreamliner. Photo: Etihad overhaul (MRO) arm of Turkish Airlines and Honeywell Aerospace, have extended their long- term aftermarket partnership. Based at Istan- Etihad Airways and Boeing celebrated the roll out of the airline’s first 787-9 Dreamliner at bul’s Atatürk and Sabiha Gokcen Airports, Turkish an event in Seattle, Washington. The aircraft featured Etihad Airways’ new ‘Facets of Abu Technic will now offer depot-level MRO services Dhabi’ livery which was unveiled in Hamburg, Germany this week. James Hogan, President for all Honeywell 131-9B APUs on Boeing 737 air- and Chief Executive Officer of Etihad Airways Aviation Group, said the airline was proud craft worldwide. The new contract builds on the to be one of the world’s largest customers for the B787 Dreamliner. “We have firm orders existing agreement between the two companies for more than 100 Boeing wide-body aircraft which include 41 787-9s and 30 787-10s. Our to deliver industry-standard and round-the-clock new fleet of B787s will set customer service expectations for the airline industry, deliver- MRO services to the airlines based in Turkey, and ing the highest levels of comfort and choice across all classes of service.” expands the authorization to worldwide cover- age to provide airlines around the world with fast, state-of-the-art and authorised servicing capabilities. Air China first Asian customer to take delivery of Boeing’s newest passenger jumbo jet Air China celebrated the delivery of Turbomeca signs SBH contract with Aero the airline’s first 747-8 Interconti- Asahi Corporation nental. Air China is the first carrier in Asia to operate the passenger ver- Aero Asahi Corporation and its subsidiary Central sion of the new, fuel-efficient 747-8. Air China takes Helicopter Service, have signed a 5 year extension delivery of The new airplane is the first of seven frst 747-8 of the SBH (“Support By the Hour”) contract with 747-8 Intercontinentals Air China Intercontinental Turbomeca (Safran), covering their fleet of Arriel has on order. Photo: Boeing 2 and Arriel 1E2 engines. More than 50 engines powering AS350B3/AS365N3/S76C+ and BK117C2 6 AviTrader WEEKLY AVIATION HEADLINES

MRO & PRODUCTION NEWS Eastern Air Lines Group signs definitive agreement for purchase of up to forty MRJ aircraft helicopters are now maintained through the SBH program and used for all types of missions, from Mitsubishi Aircraft Corporation Utility to EMS, as well as VIP transportation. Part has signed a definitive agreement of the Toyota Motors Group of Companies, Aero with Eastern Air Lines Group, Asahi is a leading helicopter operator in Japan. for the purchase of twenty firm MRJ90 aircraft with purchase rights to an additional twenty Piedmont Aviation Component Services MRJ90 aircraft. Mitsubishi -Air signs seven year landing gear maintenance craft and Eastern signed an MOU support agreement with Republic Airways (Memorandum of Understand- ing) in England at the Farnbor- TAT Technologies’ wholly-owned subsidiary, ough International Airshow in Piedmont Aviation Component Services, has July, 2014. Both companies have signed a seven year landing gear maintenance moved forward to conclude a de- support agreement with Republic Airways Hold- finitive agreement on September ings, covering their Embraer E-175 fleet. The 22, 2014. Deliveries are sched- agreement covers the current fleet of 160 - air from left: Edward J. Wegel, President and CEO Eastern Air Lines and Teruaki uled to commence in 2019. craft and the total value may exceed $45m. TAT’s Kawai, President and COO MRJ President and CEO, Mr. Itsik Maaravi, comment- ed on the new agreement: “We are proud of this sition in the regional Landing Gear maintenance jiang, China has attained qualification to supply new relationship between Republic and Pied- industry, adding new capabilities to our exist- aluminum aerospace plate to Bombardier Aero- mont. Additionally, this contract will position us ing product lines, which currently includes ATR space. The achievement of this milestone repre- as a world leading maintenance service provider 42/72, CRJ 100/200 and Dash 8 aircraft.” sents a significant step for Aleris towards supply- for Embraer E – 170/190 landing gear as the fleet ing aluminum plate from its Zhenjiang mill for use is just entering first wave of major overhaul re- in the production of various Bombardier aircraft. quirements. It constitutes an important step in Aleris attains qualification to supply Bom- Aleris has supplied aluminum aerospace plate to our strategy of solidifying TAT Technologies and bardier from Zhenjiang, China Bombardier from its Koblenz, Germany site for subsidiaries as world leading service providers. several years. Aleris Zhenjiang, which was opened The new agreement reinforces TAT’s leading po- Aleris reported that its new rolling mill in Zhen- in early 2013, was modeled after the Koblenz

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MRO & PRODUCTION NEWS RAS expands to serve European and African regional carriers Rheinland Air Service facility to meet the needs of both global and re- (RAS) has enjoyed a busy gional aircraft manufacturers by establishing a lo- 12 months complet- cal supply of commercial aluminum aircraft plate ing the expansion of its in Asia Pacific. In June 2014, Aleris announced the central European HQ in Zhenjiang plant’s achievement of Nadcap accredi- Mönchengladbach, near tation, which allowed the company to move into Dusseldorf, Germany, with the final stages of qualification with Bombardier an enhanced facility, effec- and other major aircraft manufacturers. Ship- tively twice the size. It now ments of aircraft plate are expected to begin in offers a new second large the fourth quarter. Aleris Zhenjiang is believed to hangar (4,300 m²) includ- be one of the first facilities in Asia Pacific qualified ing workshops and stor- to produce aluminum plate for a major global air- age, plus space for six ATR craft manufacturer. 42/72 aircraft. The overall RAS headquarters at Mönchengladbach, Düsseldorf Photo: RAS 8,500 m² facility features an ever-growing parts warehouse, which includes many hard-to-find parts made available British Airways line maintenance lands by the company’s “parting out” of surplus ATR aircraft. RAS has made this investment in Qatar Airways contract extension response to continued demand from European carriers for expert maintenance, repair, and overhaul (MRO) services. Complementing its ATR network partner capabilities, RAS also has British Airways’ line maintenance team has re- the flexibility to provide comprehensive EASA Part 145 approved MRO on other narrow- cently won the contract to provide technical bodied aircraft including Airbus A318 to A321, Boeing 737-Classic to NG. Other turboprop handling for Qatar Airways’ 787 flights in Edin- types that RAS expertly maintains, repairs, and overhauls include the Bombardier Dash 8, burgh. British Airways has also been selected Fokker F27 Mk050, Jetstream and Shorts 300 series. this year to support the Qatar Airways operation at Dallas Fort Worth, Kigali and Moscow. British Airways already provides line maintenance services for fellow oneworld airline Qatar Airways Yamal Airlines chooses FL Technics for base maintenance support in 2015 at Philadelphia, Atlanta, Barcelona, Entebbe, Manchester, Houston, Lagos, Madrid and Lon- FL Technics is further don Heathrow. British Airways will also provide expanding its coopera- maintenance for Qatar Airways’ A380 flights at tion with CIS carriers Heathrow from October, taking the number of by signing a new base Qatar Airways’ aircraft types supported by Brit- maintenance agree- ish Airways at Heathrow to six. ment with Russian carrier Yamal Airlines. Under the agreement, Aerostar to install Split Scimitar Winglets FL Technics will sup- on Boeing 737-800 for Jetairfly port Yamal’s Airbus A320 and Boeing 737 Romanian aerospace company Aerostar S.A., aircraft in its MRO was among the first independent European MRO hangars, located in providers to install Split Scimitar Winglets (SSW) Vilnius and Kaunas, onto two Boeing 737-800s of TUIFly Nordic. Lithuania. At the mo- Aerostar is currently carrying out the same work Yamal Airlines chooses FL Technics for base maintenance support ment Yamal Airlines on a Boeing 737-800 (msn 37238; registration Photo: FL Technics operates a fleet of OO-JAX) for TUI Airlines Belgium trading as Je- over 25 narrow-body tairfly, at its Bacau facility in north-east Romania. and regional aircraft. According to the latest agreement, FL Technics specialists will provide It is a heavy check together with SSW retrofit. comprehensive MRO support for the carrier’s Airbus A320s and Boeing 737s. The scope of The lead-time for the SSW, wing reinforcement works includes but is not limited to C- and D-checks, NDT and borescope inspections, tech- and winglet installation, is seven days, absorbed nical defect rectification, structure inspection and repairs, spare parts supply, etc. All the in the turn-around time for the maintenance works will be conducted at FL Technics’ hangars at Vilnius (VNO) and Kaunas (KUN) interna- check. After OO-JAX is completed, a similar work tional airports during 2015. programme will be carried out on the next air- PartsParts WantedWanted Post your excess inventory for FREE on StockMarket.aero, MRO & Logistics Software Solutions the fastest growing online aviation parts emarketplace componentcontrol.com Parts Search • Send RFQs • Price Search • Receive POs • iPhone/Android 8 AviTrader WEEKLY AVIATION HEADLINES

MRO & PRODUCTION NEWS Boeing to increase 737 production rate to 52 per month in 2018

Werner Aero Services has signed a three year Boeing will increase produc- agreement with Aerospace Component Engi- tion on the 737 program to 52 neering Services (ACES), in Singapore to support airplanes per month in 2018 ACES with A320 components. ACES will have ac- in response to strong mar- cess to Werner Aero Service’s A320 component ket demand from customers inventory to be used for exchanges in conjunc- worldwide. Once the increase tion with their repair business. ACES is a joint is implemented, the 737 pro- venture between SIA Engineering Company (SI- gram is expected to build AEC) and Parker Aerospace. more than 620 airplanes per year. “The 737 Next-Genera- tion and 737 MAX airplanes International Jet Management and LBAS offer our customers unparal- sign contract leled efficiency and reliabil- ity,” said Boeing Commercial International Jet Management (IJM) will become Airplanes President and CEO the first operator in Europe of a new Bombardier Boeing to increase production rate of 737 to 52 per month in 2018 Ray Conner. “Whether for Photo: Boeing Challenger 350 business jet. For maintenance, fleet growth or for replace- overhaul and repair services, IJM and Lufthansa ment needs, the 737 enables market success for carriers due to lower operating economics Bombardier Aviation Services (LBAS) signed an and by providing a better passenger experience.” Boeing currently produces 42 airplanes per agreement. Christoph Meyerrose, LBAS’ Man- month at its Renton, Wash., factory, and the company previously announced plans to increase aging Director said: “LBAS was the first main- the production rate to 47 airplanes per month in 2017. The 2014 Current Market Outlook - tenance provider for Challenger 300 aircraft in Boeing’s long-term forecast of air traffic volumes and commercial airplane demand - projects Europe and has already performed two 8-year a need for more than 25,000 single-aisle airplanes over the next 20 years, worth $2.56 trillion inspections this year. Our refined knowledge of total market value. the aircraft is the foundation to provide high quality in the industry to meet the expectations of our customers.” Aerospace Helicopter Services – North America (“HS-NA”). With extensive qualifications and -ex FINANCIAL NEWS perience on Arriel 1 & 2 engine platforms, AS350 VECA Airlines award 5 year power-by-the- components and UH-1H aircraft, we are looking Esterline to acquire cutting-edge Aero- hour contract to AJW Aviation forward to supporting the MRO requirements of space/Defence Display Technology from AJW Aviation, a specialist in transforming avia- Orange County over the next 5 years.” Belgium-based Barco N.V. tion efficiency, has signed a five year power-by- Esterline Corporation, a leading specialty man- the-hour contract with new start-up Salvadorian ufacturer serving primarily aerospace and de- operator, VECA Airlines. The contract will be Pratt & Whitney signs $16bn in supplier long-term agreements fence markets, has agreed to acquire the aero- managed by AJW’s Miami base and will cover space and defence display businesses of Barco the supply of spare parts for the airline’s fleet, Pratt & Whitney has signed an additional $6bn in N.V. These operations are recognized globally providing essential support for the El Salvador long-term agreements since May. In total, Pratt & as best-in-class designers and manufactures flag carrier. VECA Airlines was established in late Whitney has signed more than 135 agreements of high-technology, harsh-environment dis- 2013 and has its airline hub located 35km south- with a projected spend of $16bn to support the plays and visualization solutions, holding well- east of San Salvador at Monseñor Óscar Arnulfo company’s expected production increase. The established positions in avionics, defence, air Romero International Airport. A full support pro- agreements, which are with key product suppli- traffic control, and training and simulation gramme, complemented by onsite component ers from around the world, will help the com- markets. The transaction is expected to close stock, will commence on October 15th, 2014 pany increase capacity as it prepares to more in December or January, contingent upon Hart- when the second aircraft is handed over follow- than double engine production over the next Scott-Rodino approval, completion of French ing preparation in Miami. decade. “Our suppliers make up a critical part employee protective rights procedures, and of our future production capacity and by sign- other customary closing conditions. The ac- Vector Aerospace and Orange County ing long-term agreements we are enabling them quisition purchase price of €150m, or approxi- (CA) Sheriff’s Department sign AS350 and to invest in equipment, people and training in mately US$200m, will be funded primarily by order to produce and deliver perfect-quality UH-1H MRO support contract international cash reserves. The acquisition components,” said Danny Di Perna, senior vice is a strategic bolt-on for Esterline; upon clos- Vector Aerospace Corporation one of the world’s president, Engineering and Operations. “These ing, the acquired operations will be integrated leading independent providers of aviation main- agreements secure sources of parts and compo- into Esterline’s Avionics & Controls business tenance, repair and overhaul (MRO) services, nents for years to come and ensure the capacity segment. The addition of Barco’s high-qual- signed a five year agreement with Orange investments to support our production ramp.” ity visual processing solutions is expected to County Sheriff’s Department to conduct -main The agreements are with high-performing sup- enhance Esterline’s position as an innovative tenance, repair and overhaul on their AS350 pliers who will supply key parts and components supplier of human-machine interface prod- and UH-1H helicopters. “Signing this contract for all Pratt & Whitney products from the Pure- ucts primarily for aerospace customers in both with Orange County Sheriff’s Department high- Power engine family to the F135 military engine commercial and defence markets. With annual lights Vector’s ability to provide tip-to-tail MRO to auxiliary power units. These suppliers have revenues of approximately $200m, this acqui- support for AS350 fleets,” states Chris McDow- committed to the highest performance and ethi- sition will significantly expand Esterline’s ex- ell, vice president, sales & marketing at Vector cal standards. isting business in the display category. 9 AviTrader WEEKLY AVIATION HEADLINES

FINANCIAL NEWS First Airbus A400M for Germany runs its engines

Hawthorne acquires Heartland Aviation at Chippewa Valley Regional Airport (KEAU) in Wisconsin Hawthorne Global Aviation Services (Haw- thorne) announced the acquisition of Heart- land Aviation at Chippewa Valley Regional Airport (KEAU) in Eau Claire, Wisconsin. Heart- land is the fifth Fixed Based Operation (FBO) in Hawthorne’s nationwide network, and its third acquisition in the last six months. The new Hawthorne Eau Claire FBO has a recently- renovated passenger terminal and first class amenities, such as pilot lounges and confer- ence facilities. Hawthorne Eau Claire is a full- service FBO and also conducts commercial airline fueling at the airport. In addition to the FBO, Heartland has a robust aircraft charter and management operation with four well- appointed Citation Jet aircraft, and a strong maintenance department capable of servicing both piston and turbine aircraft. First Airbus A400M for Germany runs its engines Photo: Airbus Defence and Space

The first Airbus A400M new generation airlifter for the German Air Force has begun final LCI successfully closes $325m secured tests towards its delivery. The four engines on the aircraft, known as MSN18, were suc- asset-backed facility cessfully run simultaneously for the first time on September 28th, at the Airbus Defence and Space Final Assembly Line in Seville, Spain. The A400M will replace the ageing C-160 LCI, the aviation leasing division of the Libra Transall fleet. The TP400 engines, assembled by Europrop International in Munich, give Group, has successfully closed a five-year, the A400M nearly eight-times as much installed power as the C-160. It can carry twice $325m asset–backed credit facility for its heli- the load of its predecessor over intercontinental distances at speeds comparable to more copter-leasing arm LCI Helicopters. The facility expensive jet aircraft, but still land on short or unprepared airstrips close to the scene of was substantially over-subscribed resulting in military or humanitarian action. an enlarged provision to meet demand. An option to increase the facility to $425m was also added. The funds will be used to expand the company’s helicopter fleet. LCI Helicopters, tion, Lufthansa Pension Trust has agreed to months to 30 September is expected to in- in which KKR Financial Holdings, LLC, holds a lock up period of 90 days for its remaining crease by c.0.7%. This strong performance was a minority stake, has been growing at scale stake. The co-shareholder Air France Finance driven by the continued delivery of easyJet since LCI’s entry into the helicopter leasing has committed to a lock up period of 30 days lean initiatives offset by increases in regulated market in 2012. The commitments for the fa- regarding its shares of Amadeus IT Holding, airport charges, navigation and the costs asso- cility come from a total of eleven lenders from S.A. The disposal of the Amadeus shares is a ciated with the increased load factor in the pe- North America, Europe and Asia, including portfolio management transaction by the pen- riod. It is expected that easyJet’s unit fuel cost nine new to LCI Helicopters. The transaction sion fund to ensure a balanced asset alloca- in the six months to 30 September 2014 will was supported by commitments from three tion. In November 2012, as part of the active be approximately £2m favourable compared main institutions acting as joint lead arrang- management of its holdings, Lufthansa trans- to the six months to September 30th, 2013; ers and bookrunners: CIT Group, Inc., Nomura ferred a 4% stake in Amadeus IT Holding, S.A. and that the impact of exchange rate move- Corporate Funding Americas, LLC, and BNP to Lufthansa Pension Trust and furthermore ments (including those related to fuel) will be Paribas. sold 3.61% of the shares of Amadeus IT Hold- around £15m favourable compared to the six ing, S.A. With the sale of the shares, Lufthansa months to September 30th, 2013. The impact Group generated gross proceeds of €307m in of the Air France pilots’ strike in September is Lufthansa Pension Trust sells 3% shares 2012. expected to increase easyJet’s revenue by £5m in Amadeus as Air France passengers switched to easyJet. This combined with the strong finish to the Lufthansa Pension Trust has successfully easyJet posts revised profit forcast placed approximately 13.5m shares of Ama- year means that the Board’s expectation is for deus IT Holding, S.A. by way of an institutional easyJet reported revenue per seat at constant a pre-tax profit for the twelve months ended private placement. With the sale of the shares, currency for the three months to September September 30th, 2014 of between £575m and which represents 3% of the shares in Amade- 30th, 2014 is expected to grow by around 1.5% £580m compared with the previous guidance us IT Holding, S.A., the pension fund raised driven by a strong finish to the summer sea- of £545m to £570m. In line with its revised gross proceeds of €388m. Accordingly, the son. Revenue per seat at constant currency dividend policy, easyJet expects to declare a Lufthansa Pension Trust’s stake in Amadeus for the six months to 30 September 2014 is dividend in respect of the year ended Septem- will be reduced from four per cent to approxi- expected to grow by around 2%. Cost per seat ber 30th, 2014 based on a pay-out ratio of 40% mately one per cent. To facilitate this transac- excluding fuel at constant currency for the six of profit after tax. 10 AviTrader WEEKLY AVIATION HEADLINES

PASSENGER STATISTICS - AUGUST • Alaska reported an 8.3% in- • Horizon reported a 5.1% in- • Delta Air Lines reported finan- 4.9%. The load factor for Sep- crease in traffic on a 9.2% increase in September traffic on a cial and operating performance tember increased slightly by 0.4 crease in capacity compared to 6.8% increase in capacity com- for September 2014. Traffic in points to 83.7%. September 2013. This resulted in pared to September 2013. This September increased 5.4% com- a 0.7 point decrease in load fac- resulted in a 1.3 point decrease pared to the same period in tor to 82.1%. in load factor to 78.6%. 2013, while capacity increased

the greatest degree feasible, the company (253 mph), more than double the speed of MILITARY & DEFENSE will leverage Boeing Commercial Airplanes’ conventional helicopters. Sikorsky will offer presence in Puget Sound to mitigate the im- the RAIDER aircraft as a replacement for the Marshall Aerospace and Defence Group pact of this decision on individual employ- U.S. Army’s OH-58D Kiowa Warrior helicop- ees. Even with the announced moves, Boe- ter fleet based on the Army’s future opera- Canada provide further support to Roy- ing Defense, Space & Security continues a tional and financial priorities, and for the al Canadian Air Force robust presence in the Puget Sound region special operations platform. Marshall Aerospace and Defence Group due to production of the P-8 maritime patrol Canada have been subcontracted by Cas- aircraft and KC-46A Tanker, which are based cade Aerospace in relation to the Royal Ca- on the company’s 737 and 767 commercial nadian Air Force’s (RCAF’s) CC130 Avionics airplanes. Today the company’s defense OTHER NEWS Optimized Weapons System Management business has approximately 5,200 employ- (AVS OWSM) program. The AVS OWSM pro- ees in the Puget Sound region. WestJet has licensed and implemented the gram is one of three contracts planned by AirVault Mx Records Management Solution Canada’s Department of National Defence to provide it with a new, web-based aircraft (DND) to support the RCAF’s CC130 Hercules Italian Army takes delivery of first two maintenance record management system. legacy transport fleet. The Primary Air Vehi- ICH-47F Helicopters WestJet needed an innovative, cloud-com- cle (PAV) OWSM Program, on which Marshall The Italian Army has taken delivery of its puting method to provide paper-less manage- Aerospace and Defence Group Canada is also first two ICH-47F Chinook helicopters dur- ment of their aircraft maintenance records to the engineering subcontractor, has been un- ing an official ceremony held at the Vergiate increase aircraft maintenance efficiency for derway since 2006. The AVS OWSM program plant (Italy) on October 2nd. The start of their rapidly growing fleet, while enhancing extends the reach for overall CC130 aircraft deliveries set a major milestone in the stra- safety and compliance. WestJet currently has lifecycle management, and the contract with tegic partnership between the Company and one of the youngest and most fuel-efficient Cascade Aerospace will extend until 2016, the Service, providing a significant contri- fleets in North America, operating 113 aircraft with options for additional tranches. bution to the modernisation of the Italian comprised of jet and turboprop aircraft, in- Army helicopter fleet giving the customer cluding the Boeing Next-Generation 737-600, further enhanced capabilities. The overall 737-700 and 737-800 as well as the Bombar- Boeing to consolidate defense servic- Italian Army’s ICH-47F programme is based dier Q400 NextGen turboprop. es and support work in Oklahoma City on an order for 16 units. The contract also and St. Louis includes a five-year logistics support service. Following a successful summer season in Eu- Boeing will consolidate the majority of its Deliveries of all aircraft will be completed in rope, the leisure carrier Small Planet Airlines defense services and support-related activi- 2017. The ICH-47Fs will be operated by the expands its activities to other continents. Two ties from Washington State to other loca- Italian Army Aviation 1st Regiment “Antares” aircraft will start flight operations this Novem- tions in the U.S. as part of efforts to improve based in Viterbo and they will replace the ber from Cambodia to China and South Korea. the competitiveness of its Boeing Defense, CH-47C Chinooks that have been in service The Company has further plans for the Asian Space & Security unit. The majority of the since 1973. market which it will announce in the near work will be relocated to Oklahoma City and future. Under a contract with Skywings Asia St. Louis, where similar activities are per- Airlines, flights will commence this November formed today. Some additional work will be Sikorsky unveils S-97 RAIDER helicopter and operate until the end of March next year, shifted to Jacksonville, Fla. and Patuxent Riv- Sikorsky Aircraft unveiled the first of two whereby two of the company’s Airbus A320 er, Md. The transition could take up to three S-97 RAIDER helicopter prototypes on Oc- Aircraft will carry passengers between Siem years to complete and affect about 2,000 tober 2nd, signaling the start of activities in Reap, Cambodia and cities in China and South employees. Once completed, approximately the program’s test flight phase and a major Korea. 900 positions could be added to Oklahoma step toward demonstrating the new – and City and potentially up to 500 positions to first – armed reconnaissance rotorcraft fea- St. Louis. “The decision to consolidate these turing X2 Technology designed for military Universal Asset Management announced that activities was difficult because it affects our missions. Based on Sikorsky’s rigid X2 rotor its aircraft disassembly processes and facil- employees, their families and their commu- coaxial design, the S-97 RAIDER helicopter ity in Tupelo, Mississippi have been awarded nities,” said Chris Chadwick, Boeing Defense, features next-generation technologies in a Aircraft Fleet Recycling Association’s (AFRA) Space & Security President and Chief Execu- multi-mission configuration (armed aerial accreditation. UAM also offers on-¬site, AFRA tive Officer. “However, this is necessary if scout or light assault), capable of carrying accredited disassembly services at any remote we are going to differentiate ourselves from six troops and external weapons. The coaxial location worldwide. AFRA promotes best prac- competitors and stay ahead of a rapidly counter-rotating main rotors and pusher pro- tices for recycling components taken from changing global defense environment.” To peller provide cruise speeds up to 220 knots end¬‐of-¬life aircraft during disassembly. 11 AviTrader WEEKLY AVIATION HEADLINES

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Steven Townend & Africa. Mr. Townend, who has been in charge of the rev- Aircraft Lifecycle - New Perspectives enue side of the company since 2004, has more Hotel 10, Montreal, Canada, 30 Sept-1 Oct, 2014. (Event brochure) than 20 years of aviation finance and leasing -ex perience. He will oversee all senior relationships within Europe, Americas and Africa, and he will have primary responsibility for airline leasing and MRO Europe sales in these regions. Mr. Townend will also lead IFEMA, Madrid, Spain, 7-9 Oct, 2014. (Event brochure) the company’s strategy for developing capital market products for both airline customers and third-party investors. This includes building the Engine Leasing & Asset Management Seminar company’s managed aircraft business through the sale of portfolios of aircraft into the public Aircraft Finance Seminar asset-backed securities’ (ABS) markets. To expand Holiday Inn Kensington Forum, London, UK, 29-30 Oct, 2014. (Event brochure) BOC Aviation’s capabilities in these areas, the company has appointed Matthew Baumgarth as Senior Vice-President, Capital Markets. He brings with him 17 years of experience in the aviation fi- Click here for more aviation events nance industry with North American airlines and investment banks. He joins Tim Pickston, Senior Vice-President for Aircraft Sales, to also be based • Andrew C. Levy, President and COO of Al- in London, and who will report to Mr. Townend. legiant Travel Company, has resigned from his executive positions with the company and will step down from the Allegiant board. For the past Lufthansa Technik’s new Senior Vice President VIP 13 years Mr. Levy has led Allegiant in a variety of AviTrader Publications Corp. & Executive Jet Solutions is Walter Heerdt, who roles, including most recently as President, Chief Suite 305, South Tower has headed the Marketing and Sales department Operating Officer and Board Member, and pre- 5811 Cooney Road since 2003. With this step, Heerdt, who holds a viously as Managing Director and Chief Financial degree in engineering, succeeds Dr. Hans Schmitz, Officer. During his tenure, Allegiant has grown Richmond, BC who is retiring early after seven years at the helm from a single aircraft company to a billion-dollar Canada V6X 3M1 of Lufthansa Technik’s VIP division. leader in the leisure travel space that has posted 46 consecutive profitable quarters. Maurice J. Publisher Gallagher Jr., Allegiant’s Chairman and CEO of Al- Peter Jorssen • United Airlines announced that Linda Jojo will legiant Travel Company and the executive team become its Executive Vice President and Chief will temporarily assume his duties while Alle- Tel: +1 604 318 5207 Information Officer, responsible for the develop- giant, in conjunction with its Board of Directors, ment, implementation and management of tech- identifies Mr. Levy’s successor. Mr. Levy will con- nology strategy and solutions to support United’s Editor tinue to serve as an advisor to the company for Heike Tamm global business. Jojo joins United from Rogers the next several months. Communications, Inc., where she served as- Ex [email protected] ecutive Vice-President and Chief Information -Of Tel: +34 (0) 971 612 130 ficer. Previously, she served as Chief Information • Pratt & Whitney appointed Gregory H. Gern- Officer for Energy Future Holdings Corporation, hardt, president, Pratt & Whitney Commercial Flowserve Corporation, and GE Silicones. Engines, effective immediately. Gernhardt will Advertising Inquiries and report to Pratt & Whitney President Paul Adams Customer Support and succeeds David M. Brantner, who has de- Jenny Falk • Avtrade further expands into the China Region, cided to depart the company. Gernhardt will be [email protected] with the new appointment of Carren Chiu in the responsible for all Commercial Engines program role of Regional VP Sales – China. Carren will be management, sales and marketing activities, and Tel: + 49 (0) 8761 346 007 responsible for growing business in the China Re- will continue to lead Pratt & Whitney through the gion. Developing sales strategy, increasing sales transformation of its commercial engine busi- For inquiries and comments, and maximising business opportunities, focus will ness. He and his team will support airlines and be on building customer relationships and deliv- OEM aircraft manufacturers with the company’s please email: ering high quality dedicated customer account renewed portfolio of Pratt & Whitney and IAE [email protected] management and performance. engines. 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 Nov 2014 Lease Noel Healy [email protected] +353 1 639 8111 A320-200 ORIX Aviation CFM56-5A1 378 1993 Q1/2015 Sale Daniel Cunningham [email protected] +353 871774524 A320-200 ORIX Aviation CFM56-5B6/3 3831 2009 Q2/2015 Lease Daniel Cunningham [email protected] +353 871774524 A320-200 ORIX Aviation V2527-A5 2651 2006 Q1/2016 Lease Daniel Cunningham [email protected] +353 871774524 A321 GA Telesis CFM56-5B2/P 434 Nov 2014 Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 A330-200 Amentum Capital PW4168A 970 2008 Q1/2015 Lease Noel Healy [email protected] +353 1 639 8111 B737-300 AerSale CFM56-3 23440 1986 Now Sale / Lease Bill Kmiotek [email protected] +1 676 379 5042 B737-300 AerSale CFM56-3 23441 1986 Now Sale / Lease Bill Kmiotek [email protected] +1 676 379 5042 B737-300 World Star Aviation Services CFM56-3C1 28738 1998 Now Sale / Lease Sean O Connor [email protected] +1 415-956-9456 B737-300 World Star Aviation Services CFM56-3C1 28872 1998 Now Sale / Lease Sean O Connor [email protected] +1 415-956-9456 B737-300 World Star Aviation Services CFM56-3B2 24208 1998 Now Sale / Lease Sean O Connor [email protected] +1 415-956-9456 B737-300 World Star Aviation Services CFM56-3C1 28573 1998 Now Sale / Lease Sean O Connor [email protected] +1 415-956-9456 B737-300 Phoenix Aer Capital CFM56-3 24532 Now Sale Bob Gallagher [email protected] +1 727-376-0292 B737- 300 PhoenixPhoenix AerAer CapitalCapital CFM56- 3 24666 NowNow SaleSale BobBob GallagherGallagher r.gar gallagher@[email protected] com ++11 727 - 376- 0292 B737-300F ORIX Aviation CFM56-3B2 24711 1990 Q1/2015 Sale / Lease Cian Coakley [email protected] +353 877760451 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 26290 1993 Now Sale / Lease Sean O Connor [email protected] +1 415-956-9456 B737-400 AerSale CFM56-3C1 25417 1991 Now Sale Craig Wright [email protected] +1 (305) 764 3238 B737-400 AerSale CFM56-3C1 25313 1991 Now Sale / Lease Bill Kmiotek [email protected] +1 676 379 5042 B737-400 AerSale CFM56-3C1 25314 1991 Now Sale / Lease Shane O'Connell [email protected] +353 87 063 8243 B737-400 AerSale CFM56-3C1 27149 1993 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238 B737-400 Safair Operations Combi 26961 Now ACMI/Wet lease/Sale C. Schoonderwoerd [email protected] +27 11 928 0000 B7B73737-4 40000 SaSafairfair OpeOperationsrations PPaxax Now ACMI/Wet lease C. ScSchoonderwoerdhoonderwoerd cocorneliss@[email protected] +27 11 992828 0000 B737-400 Aergo Group CFM56-3C1 24430 1990 Now Sale / Lease Kevin Mc Ginley [email protected] +353-1-6761077 B737-400 Aergo Group CFM56-3C1 24431 1990 Now Sale / Lease Kevin Mc Ginley [email protected] +353-1-6761077 B737-400 Aergo Group CFM56-3C1 24432 1990 Now Sale / Lease Kevin Mc Ginley [email protected] +353-1-6761077 B737-400F Aergo Group CFM56-3C1 26530 1994 Now Sale / Lease Kevin Mc Ginley [email protected] +353-1-6761077 B737-500 AerSale CFM56-3C1 27424 1996 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238 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 CFM56-7B22/3 35078 2007 Q4/2015 Lease Cian Coakley [email protected] +353 877760451 B737-800 ORIX Aviation CFM56-7B26 34153 2005 Q2/2015 Lease Cian Coakley [email protected] +353 877760451 B737-800 ORIX Aviation CFM56-7B24 34182 2006 Q4/2015 Lease Cian Coakleyy [email protected]@ +353 877760451 B747-400 GA Telesis PW4056 28754 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 B747-400 AerSale CF6-80C2B1F 26342 1992 Now Sale / Lease Bill Kmiotek [email protected] +1 676 379 5042 B747-400ERF Amentum Capital CF6-80C2B5F 37303 2009 Now Sale / Lease Noel Healy [email protected] +353 1 639 8111 B757-200 World Star Aviation Services RB211-535-E4 24544 1990 Now Sale / Lease Sean O Connor [email protected] +1 415-956-9456 B757-200 GA Telesis PW2000 25156 1990 Now Sale Stefanie Jung [email protected] +1 954-958-1321 B757-223 Jet Midwest Inc. RB211-535E4 Now Sale / Lease Kevin Lee / Cathy Liu [email protected] +1 310 652 0296 B757-200PCF AerSale 535E4-37/B 23767 1987 Oct 2014 Sale / Lease Craig Wright [email protected] +1 (305) 764 3238 B767-200ER Castlelake CF6-80C2B2 23900 1987 Feb 2015 Sale / Lease Joe Giarritano [email protected] +1 612 851 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 B767-200ER GA Telesis CF6-80A 22329 1987 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 B767-200ER GA Telesis CF6-80A 22324 1986 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 B767-200ER GA Telesis CF6-80A 22328 1986 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 B767-222 Jet Asia Aiways Co. Ltd. JT9D-7R4D 21868 Now ACMI, Wet L. Kevin Lee [email protected] +1 310 944 0327 B767-246 Jet Asia Aiways Co. Ltd. JT9D-7R4D 23214 Now ACMI, Wet L. Kevin Lee [email protected] +1 310 944 0327 B767B767- 300ER ORIX A Aviationviation PW4060 2528525285 Q1/2015Q1/2015 LeaseLease CianCian CoakleyCoakley ccianian.coa coakley@orixkley@orix. ieie++353353 877760451877760451 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 L100-30 Safair Operations 501-D22 Now - Wet Lease / ACMI C. Schoonderwoerd [email protected] +27 11 928 0000 MD-82 GA Telesis 49919 Now Sale Stefanie Jung [email protected] +1 954-958-1321 MD90-30 AerSale V2528-D5 53496 1998 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238

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Regional Jet / Turboprop Aircraft (cont.) Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone EMB-120QC Jet Midwest Inc. PW118 120264 1992 Now Sale / Lease Kevin Lee / Cathy Liu [email protected] +1 310 652 0296 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 145332 2000 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-135LR Bristol Associates 145334 2000 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ- 135LR BristolBristol AssociatesAssociates 145323 2000 NowNow SaleSale / L Leaseease Ed M McNaircNair / P Peteete S Seidlitzeidlitz bristol@[email protected] com +1 202 - 682- 4000 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

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 Magellan Aviation Group Bill Polyi / Ray Marquess [email protected] +1 (704) 504-9204 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 OctOct 14 - S Saleale / L Leaseease (1) CF34-8C5/B1 Now - Sale / LeaseMagellan Aviation Group Ray Marquess [email protected] +1 (704) 504-9204 (1) CF34-8C5 Now - Lease Engine Lease Finance Joe Hussar [email protected] +1 617 828-3569 (1) CF34-3C5 Now - Sale/Lease/Exch. Willis Lease David Desaulniers [email protected] +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 (3) CF6-80C2A5 Now - Sale / Lease Apollo Aviation Group Erik Castillo [email protected] +1 (305) 579-2340 (2) CF6-80C2B4 Now - Sale / Lease ((2)2) CF6CF6-80C2B1F 80C2B1F Jun 14 - Sale/Lease/Exch. (1) CF6-80C2B6F Aug 14 - Sale/Lease/Exch. (1) CF6-50C2 Now - Sale / LeaseTaking Aviation Forward, LLC Konrad J Walter [email protected] +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 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 (1) CF6-80C2B7F Now - Sale / Lease (2) CF6-80C2BXF Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst [email protected] + 44 (0) 7760884250 (1) CF6-80C2B1F Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (1) CF6-80C2B6F Now - Sale / Lease (1) CF6-80C2B7F Now - Sale / Lease (1) CF6-80C2B1F Now - Sale / Exchange AeroTurbine Elizabeth Peters [email protected] +1 786 925 8517 (2) CF6-80C2B6F Now - Sale / Exchange (1) CF6-80C2B6F Now - Lease (1) CF6-80C2D1F Now - Lease (1) CF6-80C2B6 PMC Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (2) CF6-80C2B7F Now - Lease Engine Lease Finance Joe Hussar [email protected] +1 (617)828-3569 CFM56 Engines Sale / Lease Company Contact Email Phone (1) CFM56-7B26E (brand new) End 10/14 Lease Sumisho Aero Engine Lease Tony Kondo [email protected] +31-20-705-4982

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October 6, 2014 Page 3 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE

Commerical Engines (cont.) CFM56 Engines (cont.) Sale / Lease Company Contact Email Phone CFM56-5A1 (SV) Now - Sale / Lease TrueAero, LLC Brent Corrie [email protected] +1 561-310-3242 CFM56-3C1 (SV) Now - Sale / Lease (2) CFM56-3C1 Now - Sale / LeaseAergo Group Kevin Mc Ginley [email protected] +353-1-6761077 (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 / LeaseRoyal 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 (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 Nov 14 - Sale/Lease/Exch. AerSale. Inc. Matthew White [email protected] +353 1475 3005 (2) CFM56-3B1 Now - Lease (2) CFM56-3C1 Now - Lease (3) CFM56-5C4 Now - Sale / LeaseMagellan Aviation Group Bill Polyi [email protected] +1 (704) 504-9204 (4) CFM56-3B1/C1 Now - Sale / Lease Tom Leimkuhler [email protected] +1 (704) 504-9204 (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. (3) CFM56-7B Now - Sale / Lease Castlelake Neil McCrossan [email protected] +44-207-190-6119 (1) CFM56-3C1 Now - Sale / Lease (2)CFM56-5C3F Now - Sale / Lease (1) CFM56-5B Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham ctopham@werneraero. com +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. (1) CFM56-7B24 (Non-TI) Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (1) CFM56-5B4/3 Now - Lease (1) CFM56-5B4/P Now - Lease (2) CFM56-5C4/P Now - Lease (2) CFM56-7B24/3 Now - Lease (5) CFM56-3C1 Now - Sale / Exchange AeroTurbine Elizabeth Peters [email protected] +1 786 925 8517 (1) CFM56-5C3/G Now - Sale / Exchange (2) CFM56-5C4 Now - Sale / Exchange (2) CFM56-3C1 Now - Lease (1) CFM56-5C4 Now - Lease (1) CFM56-3C1 Now - Sale / Lease Apollo Aviation Group Erik Castillo [email protected] +1 (305) 579-2340 (3) CFM56-5C4 Now - Sale / Lease (10) CFM56-3B2 Now - Sale / Lease (3) CFM56- 3B2 NowNow - SaleSale / LeaseLease ORIX A Aviationviation DanielDaniel CunninghamCunningham danieldaniel.cunn cunningham@orixingham@orix. ieie++353353 871774524 (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 (6) JT8D-200 Now - Sale GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) JT8D-219 or -217 Now - Sale / Lease Jet Midwest Kevin Lee / Cathy Liu [email protected] +1 310 652 0296 JT9D Engines Sale / Lease Company Contact Email Phone (1) JT9D-7R4D overhauled Now - Sale / Lease Jet Midwest Kevin Lee / Cathy Liu [email protected] +1 310 652 0296 ((34)34) JT9DJT9D-7R4D 7R4D Now - Sale / Lease (2) JT9D7R4 Now - Sale / Lease Phoenix Aer Capital Bob Gallagher [email protected] +1 727-376-9292 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 - 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 PW121, PW123, PW124B, PW125B, Now - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504-9204 PW127E/F/M and PW150A Ray Marquess [email protected] +1 (704) 504-9204

October 6, 2014 Page 4 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE

Commerical Engines (cont.) PW Small Engines (cont.) Sale / Lease Company Contact Email Phone PW100s (all models) Now - Sale / Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +49-6731-497-368 (5) PW150A Now - Lease 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) PW2040 Now - Sale / Lease (2) PW2037/40 Now - Sale Aerolease Tim Corley [email protected] +1 360 8709172 (1) PW2037 Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 ()(3) PW2037 Now - SaleS/ / Exchange AeroTurbine Elizabeth Peters [email protected]@ +1 786 925 8517 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 (4) PW4056/60/62 Now - Sale / LeaseMagellan Aviation Group Bill Polyi / T. Leimkuhler [email protected] +1 (704) 504-9204 (3) PW4056-1C Now - Sale / Lease Apollo Aviation Group Erik Castillo [email protected] +1 (305) 579-2340 (1) PW4056-3 Now - Sale / Lease (1) PW4060-3 Dec 14 - Sale / Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360 (1) PW4056-3 Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (1) PW4060-3 Now - Sale / Lease (1)() PW4060-1 CN Now - Lease AeroTurbine Elizabeth Peters epeters@a@ eroturbine.com +1 786 925 8517 (1) PW4060-1 CN Now - Sale / Exchange (1) PW4056-1C Now - Sale / Exchange (1) PW4062-3 Now - Lease (1) PW4056-3 Oct 14 - Sale / Lease AerSale. Inc. Matthew White [email protected] +353 1475 3005 (3) PW4168A Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst [email protected] + 44 (0) 7760 884250 (1) PW4060C-1C Now - Sale / Lease IAI Michal Bulvik [email protected] +972-3-9353612 (1) PW4060 Q1/2015 - Lease ORIX Aviation Cian Coakley [email protected] +353 877760451 (1) PW4062 Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (1) PW4060 Now - Lease ((2)2) PW4168A Now - Lease (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 Oct 14 - Sale / Lease (2) RB211-535E4B Now - Sale / Lease GA Telesis Stefanie Jung [email protected] +1 954-958-1321 (1) RB211-535E4 Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (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) TrentTrent 884 NowNow - SaleSale / LeaseLease ApolloApollo AviationAviation GroupGroup ErikErik CastilloCastillo erikc@[email protected] aero +1+1 (305) 579- 2340 Tay EnginesSale / Lease Company Contact Email Phone (multiple) Tay 650-15 Now - Sale / Lease Jet Midwest Kevin Lee / Cathy Liu [email protected] +1 310 652 0296 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) 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 (1) V2527-A5 Q4/2014 - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (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 QEC for CFM56-5A1 Now - Sale TrueAero, LLC Raul Miro/Dave Walters [email protected] +1 772-925-8026 A320 Fresh Part-out Now - Sale 737-500 Fresh Part-out Now - Sale APU GTCP 131-9B, GTCP 331-500B Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 Stands for RB211-535, CFM56/V2500 A1/5 Now - Sale / Lease Stands on Demand Yexceld Perez yperez@standsondemand. com +1 305-558-8973305-558-8973 & PW2000 (1) APU GTCP331-200 and (2) APU APS 2000 Now - Sale / Lease Phoenix Aer Capital Bob Gallagher [email protected] +1 727-376-9292 APU 3800298-1-2 (B767) Now - Sale / Lease Jet Midwest Kevin Lee / Cathy Liu [email protected] +1 310 652 0296 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 1 V2500 QEC kit, p/n 745k9001-46 Now - Sale Tradewinds Engine Serv. Brad Pleimann [email protected] +1 954 421 2510 CFM56-7B Evol. LPT mod. Ass. 338-092-319-0 Now - Sale 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 LHT AERO Alzey Kai Ebach [email protected] b h@lh +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

October 6, 2014