US Transport Safety Board Attacks FAA Process

ISSN 1718-7966 FEBRUARY 11, 2013 / VOL. 375

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Airbus ahead in 2013 orders LOT Polish Airbus began 2013 in style, out- Airlines’ pacing Boeing with total orders in woes have increased January for 140 aircraft to its rival’s with the booking for two. American Air- grounding of lines, nearing its emergence from its two 787 bankruptcy protection, started the Dreamliners, as the probe ball rolling with a purchase of 130 into recent A31neos, the largest-ever single battery order for the model. Boeing’s slow malfunctions start will be boosted by the news continues that American firmed up a prior commitment, announced in July Boeing 2011, to acquire 100 of its new- engine variant 737 Max aircraft. 787 crisis: US transport safety board attacks FAA process American’s order also included the firming up of commtiments to buy Fleet could remained grounded for weeks, spelling uncertain future for LOT one 777 and 42 787 Dreamliners, The approval procedures for the Hersman added that the 787 fleet not fly for some time. a much-needed vote of confidence new lithium-ion batteries linked has to date accumulated less than That spells bad news for the eight as the airframer’s 787 battery fire to fires aboard two Boeing 787 100,000 flight hours and in that carriers that have taken delivery of crisis drags on (see story, right). Dreamliners last month were se- time there have been “two bat- the 49 planes so far, none more verely criticised by the head of tery events resulting in smoke less India to need 1,450 planes so than troubled Polish flag car- the US transport safety author- than two weeks apart, on two rier LOT, which had banked on the Even as the domestic market in ity, the NTSB, as the grounding different aircraft”. India slows and troubled low- of the global fleet of 49 of the Dreamliner to help stem growing cost carrier Kingfisher remains all-new composite airliner enters Even so, there was relief at Boeing losses and shrinking market share. grounded, Boeing predicted that the focus of the probe con- a second month. The carrier, which posted losses that the Indian market will re- tinues to fall on the battery - and of close to $65m last year, and is, quire 1,450 commercial aircraft, NTSB chair Deborah Hersman not the wider electrical system, according to government officials worth £175bn, over the next two took aim at processes followed by which would almost certainly close to insolvency, has ordered decades. In its Current Market the Federal Aviation Administra- have more troubling implications a total of five 787s to replace its Outlook for India, Boeing said tion (FAA), which sets safety rules for the airframer. that consistently high fuel prices and standards, saying that as- ageing longhaul fleet of four 767s. would drive orders for new fuel- sumptions used to certify the bat- “The findings...demonstrated a It now faces the choice of continu- efficient aircraft like its 787 Max. tery ‘must be reconsidered’. narrowing of the focus of the in- ing to fly its gas-guzzling 767s or vestigation to short circuiting ob- bringing in other aircraft on costly Aeroflot blasts SuperJet 100 Some of those ‘faulty’ assump- served in the battery,” the com- short-term leases. tions’, according to Hersman, in- pany said in a release. Russia’s Aeroflot has complained clude an assessment that a failure “Even with the Dreamliner, LOT about the quality of the new Su- in a single battery cell would result Late last week, Boeing was grant- might not survive a long time, but khoi SuperJet 100, which, it says, in smoke emission less than once ed permission by the FAA to restart this situation makes it worse,” said was responsible for 40% of all every 10 million flight hours, and test flights with one 787, a move Warsaw-based analyst and pub- ‘incidents’ although it comprises that such a failure was not likley to that will allow it to monitor the lisher Grzegorz Sobczak. only 8% of its total fleet of 125 affect other cells in the battery. batteries’ in-flight performance. passenger aircraft. According to The remaining seven operators of Kommersant, documents issued But she said that the battery that But it could be weeks before the the 787, Air India, ANA, Ethiopian by Aeroflot show that there were caught fire on a 787 operated by NTSB is able to determine what Airlines, JAL, LAN Airlines, Qatar 95 incidents in 2012 of which Japan Airlines last month demon- happened and what needs to be Airways and United Airlines, have 63% related to parts failure, while strates that the failure of a single changed, leading observers to sug- been less affected, as the 787s 25% were linked to external fac- cell could - and did - spread rap- gest that the global fleet of 787s, form a smaller percentage of their tors and 11% were staff-related. idly to the rest of the battery. grounded since January 16th, will overall long-haul fleets. 2 AviTrader WEEKLY AVIATION HEADLINES

AIRCRAFT & ENGINE NEWS AIRBUS AND BOEING: ORDERS AND DELIVERIES Airbus was the clear leader last month, with two orders for a total of 140 aircraft. Ameri- GECAS signs purchase-and-leaseback can Airlines, which is expected to emerge from bankruptcy proceedings in the coming deal with Mexico’s Volaris months, made a strong statement regarding its fleet renewal with an order for 130 A321 neo aircraft - the largest single order to date for the A321neo. The US-based global air- GE Capital Aviation Services Limited (GECAS) craft lessor CIT Group also placed a significant order for 10 A350-900s. signed a purchase-and-leaseback transac- The airframer also de- tion with Volaris for seven new Airbus A320 livered 30 A320 family Airbus v Boeing: Orders and Deliveries aircraft. The aircraft come from the airline’s current engine option Through January 2013 existing orderbook with Airbus and will be aircraft and five wide- Airbus Boeing delivered in 2013 and 2014. body A330s. Type Orders* Deliveries Type Orders* Deliveries Sikorsky begins delivering record S- Boeing, meanwhile, A318 0 0 737-700 0 2 92 helicopter order got off to a slow start in A319 0 2 737-800 2 28 2013 after winning the A320 0 24 737-900 0 2 Sikorsky Global Helicopters (SGH) delivered order race in 2012. It the first of 16 completed S-92 helicopters booked a solitary order A321 130 4 737-MAX 0 0 that the Avincis Group will use to provide for two 737-800s from A330 0 5 747 0 0 transportation for its customers’ offshore oil an unidentified cus- A340 0 0 767 0 1 and gas crews and for search and rescue. The tomers. It was slightly A350 10 0 777 0 6 aircraft order announced in February 2012 is ahead of Airbus in the the largest single purchase of S-92 helicop- delivery stakes, hand- A380 0 0 787 0 0 ters to date, known for their robust design, ing over 32 737 fam- Total 140 35 Total 2 39 safety features and performance especially in ily narrowbodies and *Gross Orders Source: Company websites harsh environments including the North Sea. seven widebodies. The aircraft, which will go first to Norway before being deployed in the UK North Sea sector, was accepted last weekend at SGH’s ing and financing company of GE, who is leas- the addition of five new Boeing 777-300ER facility in Coatesville, Pa., by Bjorn Seljevold, ing the aircraft to Villa Air. The aircraft, after aircraft. In addition to two Boeing 777-300ER Managing Director of Norsk Helikopterserv- arriving in the Maldives, will perform its inau- aircraft previously announced that will be de- ice. Avincis’ subsidiaries operate under the gural flight between Malé and Maamigili, the livered in June and August 2013, Air Canada Bond (UK, Norway, Ireland and Australia), main hub of Villa Air in early February. announced that it will add three new Boeing Norsk Helikopterservice (Norway), Inaer 777-300ER aircraft to be delivered in Novem- (Spain, Italy, France, Portugal, Chile and Peru) Air Canada to add five new Boeing ber and December 2013 and February 2014. and Australian Helicopters brands. 777-300ER aircraft to mainline fleet With the addition of these five aircraft, Air Canada’s Boeing 777 fleet will consist of 23 Villa Air introduces ATR 72-600 in the Air Canada will introduce a new International aircraft comprising the latest generation of Maldives Premium Economy cabin with the addition of 300ER and 200LR models. five new Boeing 777-300ER aircraft. Air Cana- Maldivian carrier Villa Air, commercially known da’s Premium Economy cabin will be intro- A350 XWB’s Trent XWB engine as FlyMe, is about to become the very first op- duced on Air Canada’s Montreal-Paris flights achieves EASA type certification erator of an ATR -600 series aircraft in the ar- effective July 11 , 2013. Additional routes of- chipelago. The airline will start operating an fering Premium Economy will be added over The Airbus A350 XWB programme achieved ATR 72-600 which has been delivered to the time as new aircraft enter the carrier’s main- yet another important milestone with the US-based lessor GECAS (GE Capital Aviation line fleet. Air Canada will expand and mod- European Aviation Safety Agency’s (EASA) Services Limited), the commercial aircraft leas- ernize its international widebody fleet with award of the Engine Type Certification of the

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Rolls-Royce Trent XWB turbofan. EASA pre- delivered a total of 20 A320 family aircraft to 2012 Farnborough International Air Show for sented the certificate to Rolls-Royce at EASA’s the Qantas group. 36 A320neo Family aircraft plus 14 options. headquarters in Cologne, Germany. This cer- With this latest confirmation from ALC, the tification covers Trent XWB engines which will Embraer expects to deliver up to 215 lessor’s cumulative orders for the A320neo power the A350-800 and A350-900 variants. jets in 2013 Family have reached 50, of which up to 34 A higher thrust version of the Trent XWB is will be A321neo models. ALC will announce currently under development for the A350- In 2013 Embraer expects to deliver 90 to 95 engine selections at a later date. 1000. Certification confirms the engine has commercial jets, 80 to 90 light executive jets and 25 to 30 large executive jets. Therefore, fulfilled EASA’s airworthiness requirements for Turkish Airlines orders five addition- flight and is the last major engine milestone the Company expects to achieve total net rev- al A330 passenger aircraft prior to the first flight of A350-900 ‘MSN001’ enues between $5.9 and $6.4bn. The approxi- later this year. The engines which will power mate revenue contribution from each business Turkish Airlines signed a firm order for two that aircraft are now being prepared prior to segment should be: Commercial Aviation: additional A330-300 passenger aircraft and installation of the fully integrated powerplant 52%; Executive Aviation: 25%; Defense and three options as part of the carrier’s contin- on the aircraft’s pylon. Security: 21% and; Other business: 2%. ued growth plans. The additional order for the A330 Family is taking their total firm order The Trent XWB has already powered a series ALC places order for 25 A350 XWB for the type to 38. Turkish Airlines placed their of test flights on Airbus’ A380 Flying Test Bed Family aircraft first order with Airbus in 1984, and today op- (FTB) aircraft since February 2012. These flight- erate 104 Airbus in total. The new aircraft will test results indicate that the engine will meet Air Lease Corporation (ALC) signed a con- be deployed on medium and long haul routes Airbus’ extremely high efficiency and perform- tract for 25 A350 XWB Family aircraft, con- from the Turkish Airlines hub in Istanbul. ance goals for the A350 XWB programme. sisting of 20 A350-900 and five A350-1000, the largest member of the A350 XWB Fam- Copa Holdings seals sale-leaseback BOC Aviation takes delivery of first ily. ALC also has options for five additional deal with SMBC Aviation Capital A320 aircraft with Sharklets A350-1000s. With this new order, ALC be- comes the 35th A350 XWB customer and the Copa Holdings closed sale-leaseback transac- BOC Aviation took delivery of its first Sharklet order takes the A350 XWB backlog past 600 tions for four new Boeing B737-800 aircraft equipped A320 aircraft. The aircraft is also (to 617). Concurrently, ALC has signed a pur- with SMBC Aviation Capital. The aircraft deliv- the first of its type for the operator, Jetstar chase order for 14 A321neo aircraft follow- eries, part of Copa Airlines´ current order with Asia. Including this aircraft, BOC Aviation has ing an earlier agreement announced at the Boeing, are scheduled for delivery in 2014.

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MRO & PRODUCTION Virgin Atlantic appoints TAECO as D-Check heavy maintenance service provider AJW Technique ears TCCA approved Taikoo (Xiamen) Aircraft Engineering Company (“TAECO”) was appointed by Virgin Atlan- Maintenance Organisation status tic as the airline’s provider of heavy maintenance service (D Check) for its Boeing 747-400 AJW Technique was granted Approved Mainte- fleet. The four-year maintenance services agreement for 2014 to 2017 was signed on Janu- nance Organisation status by Transport Canada ary 31st. Virgin Atlantic operates a combination of Boeing and Airbus wide-body aircraft, Civil Aviation (TCCA), which is also recognised including 13 Boeing 747-400 aircraft. by the USA Federal Aviation Administration (FAA). This achievement underlines the deter- mination of AJW to aggressively develop its portfolio to offer world-class total solutions and services to both its existing and prospective customers. AJW Technique’s approval has been granted by Transport Canada Civil Aviation (TCCA) just five months after A J Walter Avia- tion acquired the extensive range of component maintenance assets from Aveos Fleet Perform- ance. The TCCA approval paves the way to at- taining EASA approval along with other regula- tory authority accreditations. During 2013 AJW Technique will also pursue AS9110 approval, TAECO CEO Steve Chadwick (left) shakes on the deal with Virgin Atlantic director of engineering Phil Maher TAECO ensuring AJW Technique is in line with the AJW group philosophy of best-in-class. ATITECH SpA receives EASA Part 21 Design Organization Approval Euravia expands MRO Capabilities to include new P&WC PT6C engine series ATITECH S.p.A., a global provider of integrated aircraft maintenance, repair and overhaul services, further extended its list of capabilities by receiving a Design Organization Approval Euravia added the PT6 series engine to its n° EASA.21J.468 (Part 21, Subpart J) from the European Aviation Safety Agency (EASA). extensive Pratt & Whitney Canada PT6 MRO Under the certificate terms of approval, the company is now fully authorized to design and service capabilities. Euravia has received both approve minor changes to aircraft in the area of cabin interiors and its related structure. In EASA and FAA approval for the full overhaul particular with the DOA certification, EASA shall accept without further verification compli- of PT6C engines to further complement its ance documents submitted by ATITECH S.p.A. for a purpose of obtaining a Supplemental existing PT6A and PT6T production lines, Type Certificates (STC) in the area of cabin interiors and its related structure covering over 52 different P&WC PT6 engine types. The PT6C series was designed to support the growing medium-class helicopter Embraer Executive Jets signs MoU with successful maiden flight of the first prototype market, including offshore, border control, Indamer for Legacy 500 MRO support on 27th November, 2012. Indamer is one of an VIP transport, medical services, maritime pa- initial 17 service centers worldwide to enter into trol, search and rescue and utility operations. Embraer Executive Jets inked a Memorandum MoUs with Embraer Executive Jets for Legacy The 1,200 and 2,000 shaft horsepower PT6C of Understanding (MoU) with Indamer to 500 product support. The move is part of the engines offer durability, simplified flying, cost- provide maintenance support for the midsize company’s maturity strategy to have all product effective operations, enhanced maintenance Legacy 500 aircraft, ahead of the jets’ expected support in place worldwide before the Legacy and diagnostics. The PT6C main application is entry into service in 2014. The Legacy 500 is 500 jet enters into service in 2014. The MoU the Agusta Westland AW139 helicopter. currently in the flight test stage following the with Indamer extends the maintenance service

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management and project revenue. However, Liebherr-Aerospace to maintain landing gears of Royal Jordanian’s Em- expenditure fell by $28.0m or 10.2%, prima- braer jets rily from decreases in subcontract services, Liebherr-Aerospace recently closed a deal with Royal Jordanian (RJ) to repair and over- material costs, and an exchange gain during haul the landing gears of the airline’s three the quarter. Consequently, operating profit Embraer 175 and five Embraer 195 jets. improved by $2.8m or 9.9% compared to The contract was signed at MRO Middle the same quarter last year. Share of profits East 2013 in Dubai (UAE). According to the from associated and joint venture companies five-year agreement, the overhaul program was $40.0m, representing a contribution of will be carried out at the facility of Liebherr- 52.7% to the Group’s pre-tax profits. Aerospace Lindenberg GmbH in Linden- berg (Germany). Liebherr-Aerospace is the Astronics Corporation reports fourth Original Equipment Manufacturer (OEM) of quarter and full year 2012 results the Embraer 175 and 195 landing gears. Astronics Corporation (ATRO) reported finan- Royal Jordanian CEO Amer M Hadidi (right) seals the deal with Charles Thoyer-Rozat of Liebherr-Aerospace Liebherr cial results for the three and twelve months ended December 31, 2012. Consolidated provider’s mission in India, where it already of- sales for the fourth quarter of 2012 increased fers line and base maintenance for the entire FINANCIAL NEWS by 10.2% to $67.4m, including $4.7m as- portfolio of Embraer’s Executive Jets in India sociated with acquisitions, compared with today, including the entry-level Phenom 100, $61.2m for the same period last year. Aer- SIA Engineering Group third quarter ospace sales increased by $6.5m and Test super-midsize Legacy 600, long-range Legacy profit up 5.5% to $67.0m 650 and ultra-large Lineage 1000. Indamer is Systems sales decreased by $0.2m. Consoli- one of two authorized service providers for Em- SIAEC Group posted a profit attributable to dated gross margin decreased to 26.0% in braer Executive Jets in the country; the other owners of the parent of $67.0m for the quar- the fourth quarter of 2012 compared with is Air Works which provides maintenance sup- ter ended 31 December 2012, which was 28.4% in the fourth quarter of 2011. Con- port for Phenom 100 jets in the market. $3.5m or 5.5% higher than the correspond- solidated sales for the full year of 2012 in- ing quarter last year. Revenue decreased creased by 16.8%, or $38.3m, to $266.4m. Embraer selects Honeywell to provide $25.2m or 8.3%, mainly from lower fleet Organic sales increased $23.4m, while sales avionics for E-Jets second generation Embraer selected Honeywell to provide its CANADIAN AIRLINES REPORT FULL YEAR RESULTS Primus Epic 2 integrated avionics system for the second generation of E-Jets, which are Air Canada reports full year and fourth quarter 2012 results planned to enter service in 2018. The deci- Air Canada reported full year and fourth quarter earnings before interest, taxes, deprecia- sion is another important milestone in the tion, amortization and impairment, and aircraft rent (“EBITDAR”) of $1.451bn (or $1.327bn program that is expected to be launched later before the impact of benefit plan amendments) compared to EBITDAR of $1.242bn in this year. Last month, Embraer selected Pratt 2011. Including the favourable impact of benefit plan amendments, EBITDAR of $1.451bn & Whitney as the engine supplier. increased $209m year-over-year (or $85m before the impact of benefit plan amendments). On a GAAP basis, in 2012, net income was $131m, compared to a net loss of $249m in Embraer and Republic sign $250m 2011. On an adjusted basis, net income was $53m compared to a net loss of $122m in deal for components pool program 2011. For the fourth quarter of 2012, Air Canada reported EBITDAR of $284m compared Embraer and Republic Airways reached an to EBITDAR of $162m in the fourth quarter of 2011, an improvement of $122m. On a agreement on a Flight Hour Pool Program GAAP basis, in the fourth quarter of 2012, Air Canada reported net income of $8m com- whereby Embraer will provide component sup- pared to a net loss of $60m in the fourth quarter of 2011. Air Canada reported an adjusted port for more than 400 repairable part num- net loss of $6m compared to an adjusted net loss of $167m in the same quarter in 2011. bers, including systems such as hydraulic, electrical and engine components, for Republic’s WestJet posts full year 2012 net earnings of $242.4m fleet. The program has a value of approximate- WestJet announced its fourth quarter and year-end results for 2012. The airline rely $250m and will cover up to 308 aircraft, ported fourth quarter net earnings of $60.9m and full-year net earnings of $242.4m potentially including Republic’s recent aircraft up significantly from the net earnings of $148.7m reported for 2011. These financial order of 47 E175 aircraft and 47 options. The results mark WestJet’s 31st consecutive quarter of profitability. Based on the trailing Republic E-Jets family of aircraft will be covered twelve months, the airline achieved a return on invested capital of 13.7%, up from the through February 2020; the ERJ 145 family will 12.7% reported last quarter. be covered through December 2017. 7 AviTrader WEEKLY AVIATION HEADLINES associated with acquisitions added $14.8m. Aerospace sales increased by $41.1m, while INFORMATION TECHNOLOGY Test Systems sales decreased by $2.8m in the Component Control released that Magellan Aviation Group, a leader in integrated full year of 2012. Consolidated gross margin aftermarket aviation support services for the global airline industry, has chosen Quan- decreased slightly to 26.1% in 2012 com- tum Control software to manage its leasing, asset management and repair operations pared with 26.5% in 2011. The decrease for its worldwide customer base of airlines, OEM’s and MRO companies. Magellan Avia- in margin was a result of leverage that was tion Group recently doubled the size of its U.S. operations with the opening of a new achieved from increased sales volumes offset 88,000 ft² Distribution and Sales facility in Charlotte, North Carolina. Magellan Aviation by increased E&D costs and higher inventory Group has its European headquarters in Shannon, Ireland. and warranty reserves.

Court approves Hawker Beechcraft’s plan of reorganization BOC Aviation announces private Air Lease Corporation closes $400.0m placement of $50m of 10-year Senior senior unsecured notes offering The U.S. Bankruptcy Court for the South- unsecured fixed rate notes ern District of New York approved Hawker Air Lease Corporation reported the closing Beechcraft’s Joint Plan of Reorganization BOC Aviation priced a private placement of of its previously announced public offering (Plan), paving the way for the company to $50m of 10-year senior unsecured fixed rate of $400.0m in aggregate principal amount emerge from Chapter 11 in the second half notes. The transaction, arranged by HSBC, was of 4.750% senior unsecured notes due 2020 of February. In confirming the Plan, Judge issued off BOC Aviation’s $2bn Euro Medium (the “Notes”). The Notes will mature on Stuart M. Bernstein found that it satisfied all Term Note Programme (“EMTN Programme”) March 1, 2020 and will bear interest at a rate of the requirements of the U.S. Bankrupt- established in September last year. The sale of of 4.750% per annum, payable semi-annu- cy Code. As part of its reorganization, the the Notes is expected to close on 6 February ally in arrears on March 1 and September 1 company intends to rename itself Beechcraft 2013, subject to satisfaction of customary clos- of each year, commencing on September 1, Corporation and implement a business plan ing conditions. The Notes were priced at par 2013. The Company intends to use the net that focuses on its turboprop, piston, special and will bear a fixed interest coupon of 4.3% proceeds of the offering to fund the acqui- mission and trainer/attack aircraft and on its per annum with interest payable semi-annually sition of commercial aircraft and for other parts, maintenance, repairs and refurbish- in arrear. BOC Aviation will utilise the proceeds general corporate purposes, including reduc- ment businesses, all of which are profitable for funding of its new capital expenditure and ing outstanding obligations under one of its and have high growth potential. refinancing of existing borrowings. revolving credit facilities.

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OTHER NEWS Boeing aircraft bank event reflects Africa’s rapid economic growth Africa’s long-anticipated economic growth is driving rapid evolution of its aviation sec- Boeing and Singapore-based SilkAir an- tor and attracting considerable interest among financial institutions, aircraft maker nounced a five-year exclusive pilot training Boeing reported at its recent event for African financiers entering into or expanding agreement. The training agreement will sup- large commercial aircraft investment. port SilkAir’s fleet transition to Boeing air- “Our event in 2008 drew about 20 participants. This year’s session saw more than 50 planes. In November 2012, SilkAir finalized attend,” said Ron Glover, managing director for the region in Boeing Capital Corpora- an order for 23 Next-Generation 737-800s tion, the manufacturer’s aircraft financing and leasing unit, and the event’s host. “It’s and 31 737 MAX 8s, the largest order in the a sure sign of the popularity and increased awareness by African investors of the very airline’s history. Under the agreement, Boe- attractive investment opportunity that commercial airplanes represent.” ing Flight Services, a unit of Boeing Com- mercial Aviation Services, will provide flight The audience represented banks and financial institutions including HSBC Bank, In- vestec Bank, Nedbank Capital, Rand Merchant Bank, Standard Bank of South Africa, Stockwell Holdings and Via Capital and about 10 of the continent’s airlines and other industry groups. MAINtag creates US subsidiary to serve American aerospace sector; As the second largest and most populated continent after Asia, Africa’s economic po- appoints new EVP tential remains strong, with the region forecasted to grow faster than the global aver- age, the aircraft maker said. Africa’s growing economic prosperity is expected to fuel MAINtag, a leading provider of RFID greater demand for long-haul air travel. solutions for aerospace, announced the creation of a subsidiary in the United Led by banks in South Africa, interest by the continent’s bankers in aircraft investment has States to serve the American aerospace been growing steadily. It is part of a global trend in which regional commercial banks have industry, including aircraft manufactur- been stepping up financing of commercial jetliners, primarily for deliveries for airlines op- ers, on board parts suppliers, airlines and erating in their home markets or regions, as major commercial banks in Europe, a primary MRO crews. In addition, the appoint- source of bank capital for airlines, have been challenged by Europe’s economic crisis. ment of Christophe Dissaux as execu- “South African bank interest is clearly on the rise,” said Suzanne Raubenstine, Boeing tive vice president in charge of business Capital’s senior director for the region and an event host.” We’ve had banks there con- development and marketing will aid the tribute to progress payment financing and also Export-Import Bank of the U.S. export growth strategy of the business, follow- credit support. ing the capital investment of €3.6m in June 2012 from Idinvest Partners and Jet fuel prices remain at an elevated level, which is accelerating the requirement for air- Entrepreneur Venture. MAINtag’s RFID lines to upgrade to more fuel efficient airplanes and to assess their strategies to update traceability solution, FLYtag, designed aging fleets, many of which have depended on used equipment. to optimize the operations of maintenance, repair and overhaul (MRO), was “45% of Africa’s fleet is more than 15 years old,” said Miguel Santos, Boeing’s director for selected by Airbus in 2010 and is sup- Africa Sales and vice president of the company’s international office for the region. “We have ported and deployed for providers of been seeing African airlines invest in their aircraft to bring in cutting-edge technology and the the A350 XWB in Europe and in North latest in interior comfort as they upgrade their airplanes to become more competitive.” and South America. Now, more than 50 In Boeing’s latest commercial aviation market forecast, Africa is forecast to require 900 OEM suppliers rely on MAINtag solu- new airplanes over the next two decades, with a value of approximately $120bn, with tions including THALES, Zodiac, AOA, more than two-thirds of those jetliners expected to meet demands for the market’s Diehl, MBDA, Safran and Goodrich. growth.

YOUR ONLINE AVIATION NEWS SOURCE 9 AviTrader WEEKLY AVIATION HEADLINES training at Boeing’s Singapore training campus for the airline’s new 737 fleet. JANUARY 2013 TRAFFIC STATISTICS The 2012 Boeing Pilot & Technician Out- • Air Canada reported a • Delta reported that Janu- fic was down 1.7% com- look, a respected industry forecast of re- record system load factor ary 2013 traffic was un- pared to January 2012, quired aviation personnel, cites a demand of 79.4%, versus 79.1% in changed when compared to capacity increased 0.5% for 185,600 new commercial airline pi- January 2012, an increase the previous year, capacity compared to the previous lots and 243,500 new technicians in the of 0.3 points. System traffic was down 2.4% compared year. The January 2013 load Asia Pacific region through 2030. The increased 0.3% on a sys- to January 2012 and the load factor was 72.7%, com- South East Asia region, which includes tem-wide capacity decrease factor for the month was up pared to 74.3% in January Singapore, will require 51,500 pilots and of 0.1% 1.9 points to 79.4%. 2012. 67,400 technicians. • AirFrance KLM Group • In January 2013, IAG traf- • United Continental reported January 2013 traffic rose by 0.7% versus Jan- Holdings reported that British Airways began ground-handling fic was the same as in Janu- uary 2012; Group capacity consolidated traffic in Janu- operations for American Airlines at Hea- ary 2012, while capacity was was down 1.0% compared ary 2013 increased 0.9% throw Terminal 3 from February 2013. Brit- slightly up 0.4%. The Group to the previous year. The and consolidated capac- ish Airways secured the five-year contract load factor was down 0.3 load factor for January was ity decreased 1.9% versus last year following an extensive tender proc- points to 81.4%. up 1.3 points to 77%. January 2012. UAL’s consoli- ess. The work covers all aspects of ramp and dated load factor in January • On a combined basis, • Republic Airways re- baggage handling for American Airlines, 2013 increased 2.2 points to Alaska Air Group reported ported that January traffic which operates more than 200-weekly 79.9% compared to January an 11.5% increase in traf- decreased 4% compared to flights to and from Heathrow. The contract 2012. also includes providing ground-handling fic on an 11.4% increase in January 2012, while capacity services at Heathrow Terminal 3 for JAL, EVA capacity compared to Janu- decreased 9%. Consolidated • US Airways Group an- Air and Royal Jordanian – previously covered ary 2012. This resulted in a load factor was 77% versus nounced that January by American Airlines. British Airways and 0.1-point increase in load 72% in the same month last 2013 mainline traffic for the American Airlines are both members of the factor to a January record year. month was up 4.8% versus of 82.7%. These statistics January 2012, while main- oneworld alliance and operate a transatlan- • Ryanair released passen- include flights operated by line capacity was up 1.8% tic joint business with Iberia. ger and load factor stats for Alaska and those under ca- versus January 2012. Main- Jan 2013, with its monthly pacity purchase agreements, line passenger load factor traffic falling 1% over Jan Sagem (Safran), a European leader in including Horizon, SkyWest was 81.1% for the month of 2012. The load factor for the navigation, optronics and avionics systems and PenAir. January, up 2.3 points versus month was the same as the and equipment and safety-critical software, January 2012. created Sagem Services India Private • Copa Holdings’ system- previous year, 71%. wide passenger traffic in- • WestJet reported Janu- Ltd., a wholly-owned subsidiary that will • SAS Group traffic in Janu- creased 21.3% year over ary 2013 traffic results with be headquartered in New Delhi. Primarily ary 2013 increased by 3.9%, year, while capacity increased a load factor of 80.9%, up focused on maintenance, Sagem Services while capacity was up by 21.0%. As a result, system 1.0 point when compared to India will provide customer support for all 4.6%. The Group’s load fac- load factor for January 2013 the previous year. Traffic in- Sagem avionics, optronics and inertial navi- tor decreased by 0.5 points, was 79.6%, a 0.2 point increased 7.7% year over year, gation systems and equipment in service in to 64.5%. India. The creation of Sagem Services India crease when compared to and capacity grew 6.4% marks a major step forward in Sagem’s de- January 2012. • Southwest Airlines’ traf- over the same period. velopment in this country. Working closely with its customers, Sagem will be able to enhance its role in the development of India’s aerospace industry, and form new MILITARY & DEFENSE partnerships in all of its business sectors. Airbus Military delivers first A330 MRTT to United Arab Emirates

With installation of Universal Avionics’ Airbus Military delivered the first of three new generation A330 MRTT multi-role tanker UNS-1Ew Flight Management Systems transport aircraft ordered by the United Arab Emirates (UAE). The handover of the air-to-air (FMS), Canada’s Porter Airlines gained tanker means that the type has now been delivered to all four current customers – Aus- Localizer Performance with Vertical Guid- tralia, Saudi Arabia, UAE and the United Kingdom. Converted from an Airbus A330 com- ance (LPV)-capability, positioning itself for mercial passenger jet by Airbus Military at Getafe near Madrid, the aircraft will serve with increased competitiveness and customer the UAE Air Force and Air Defence. The remaining two aircraft are at an advanced stage of satisfaction with its all-Bombardier-Q400 conversion and will be delivered by mid-2013. operation. Porter recently completed its program to replace UNS-1E FMSs with Pratt & Whitney delivers first 10 engines to Boeing for India’s C-17 aircraft dual Universal WAAS/SBAS- and LPV-ca- Pratt & Whitney delivered the first 10 F117 engines to Boeing to power a fleet of C-17 pable UNS-1Ew FMSs. In November 2012, Globemaster III transport aircraft for the Indian Air Force. India’s Ministry of Defence scheduled Q400 flights began operat- signed a Letter of Offer and Acceptance with the U.S. government in 2011 to acquire 10 ing into Billy Bishop Toronto City Airport C-17s. The first of these C-17 aircraft is now going through a U.S. Air Force flight test (CYTZ) using an RNAV (GNSS) approach program at Edwards Air Force Base in Palmdale, Calif. The Indian Air Force is scheduled procedure to LPV Line of Minima in the to take delivery of its first five C-17s this year and five in 2014. UNS-1Ew database.

February 11, 2013 / Vol. 375 10 AviTrader WEEKLY AVIATION HEADLINES

INDUSTRY PEOPLE Recommended Events • Doncasters Group, the global preci- sion engineering group, appointed Raymond Mitchell as chief operating ofﬁcer (COO), according to an an- nouncement by Tariq Jesrai, chairman & chief Eexecutive ofﬁcer. Effective im- mediately, Mitchell assumes operation- ISTAT Americas 2013 al responsibilities for the multi-national Orlando, FL, USA, 10-12 March, 2013. (Event brochure) group. Prior to joining the organisation, Ray Mitchell was vice president Technical Aspects of a Leased Asset of Alcoa and president of Alcoa Power Maintenance Reserves Training Seminar and Propulsion. Terrass Hotel, Paris, France, 19-20 March, 2013. (Event brochure)

• PAS Technologies released that aero- EASA Regulations and Continuing Airworthiness space industry veteran Richard Glass Records Management has joined the company as senior vice Dublin, Ireland, 15-16 April, 2013. (Event brochure) president, Aerospace reporting to Tho- ISTAT Asia 2013 mas C. Hutton, CEO. Glass has over 22 ANA Intercontinental, Tokyo, Japan, 12-14 May, 2013. (Event brochure) years experience in marketing, sales and new business development in the aero- Operating Lease Training Seminar 2013 space industry. Additionally, David W. Alexandria, Virginia, USA, 21-23 May, 2013. (Event brochure) Theis has been promoted to the position of senior vice president, Energy which 50th International Paris Air Show includes industrial gas turbine (IGT) and Le Bourget, Paris, France, 17-23 June 2013. (Event brochure) oil/gas product offerings. Theis joined the company in March 2012 with over Click here for more aviation events 20 years of gas turbine industry experience in various management positions.

• Pinnacle Airlines Corp. named Ryan Gumm as senior vice president and chief operating ofﬁcer, effective Feb. 5, 2013. Upon the Company’s emergence from bankruptcy, Gumm will become president and chief executive ofﬁcer, and John Spanjers will retire.

• Dean Athans was named president of the Engine Alliance, succeeding Mary Ellen AviTrader Publications Corp. Jones, who is returning to a senior leadership position at Pratt & Whitney. The Engine Alli- 9500 Aquila Road ance is a 50/50 joint venture of GE Aviation and Pratt & Whitney. Athans comes to the En- Richmond, BC gine Alliance from the GE Power & Water Aero Derivatives business, where he has led the Canada V7A 3P9 LMS100 power turbine product line since 2010. Prior to this role, Athans spent 25 years at GE Aviation, where he held many technical, operation and commercial leadership roles. Publisher • Boeing appointed Matt Ganz as president, Boeing Germany and Northern Europe, Peter Jorssen and vice president, European Technology Strategy, effective April 1. He will be based in the Tel: +1 604 448 0970 Boeing ofﬁce in Berlin, and succeeds Marlin Dailey, who has retired from Boeing. Brian Moran, director of Boeing Northern Europe, will lead the Berlin ofﬁce during the transition. As the company’s senior leader in the region, Ganz will be responsible for leading Editor the development and implementation of the Boeing strategy in Germany and Northern Catherine Davies Europe. He will also be responsible for ensuring the company’s European technology strat- [email protected] egies and activities are integrated into the global Boeing technology strategy. Tel: +44 (0) 7772 896 280

• American International Group (AIG) announced that Joseph J. Trotti has joined the company as president and CEO of its Aerospace division, part of AIG’s Global Specialty Advertising Inquiries and business. Trotti is responsible for all aspects of AIG’s market-leading Aerospace business Customer Support and will be instrumental in driving the division’s growth in the Asia Paciﬁc region, Canada, Jenny Falk Continental Europe, and Latin America. Trotti was executive vice president of AIG’s Aero- [email protected] space business, before leaving the company in 2002. Tel: + 49 (0) 8761 346 007 • TES Aviation Group appointed Mathew Burris to the position of chief operating ofﬁcer (COO). Formerly of CFO position at TES, Burris retains his responsibility for the overview For inquiries and comments, of TES Finance, whilst assuming a broader remit as COO responsible for integrating all please email: aspects of the TES business including Finance, Acquisitions, Strategic Client Programs and Business Systems. [email protected]

February 11, 2013 / Vol. 375 The AviTrader Aircraft and Engine Marketplace Page 1 of 4

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Commercial Jet Aircraft Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone A310-300F Apollo Aviation Group CF6-80C2 1986 Now Sale / Lease Erik Castillo [email protected]@ + (305) 579-2340 A320-200 Amentum Capital V2527-A5 3316 2007 Q1 2013 Lease Noel Healy [email protected] +353 1 639 8111 A320-200 World Star Aviation Services CFM56-5A1 371 1992 Now Lease Garreth Slevin [email protected] +1 415-956-9426 A340-300 Willis Lease CFM56-5C Q2/2013 Sale / Lease Dave Johnson [email protected] +1 415 408 4730 A340-300 Willis Lease CFM56-5C Q2/2013 Sale / Lease Dave Johnson [email protected] +1 415 408 4730 B737-232 Jet Midwest Inc. JT8D-15A 23086 1984 Now Sale / Lease Paul Kraus / Cathy Liu [email protected] +1 310 652 0296 B737-2H4 Jet Midwest JT8D-9A 22062 1980 Now Sale / Lease Paul Kraus / Cathy Liu [email protected] +1 310 652 0296 B737-300 AerSale CFM56-3B1 23440 1986 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238 B737-300 AerSale CFM56-3B1 23441 1986 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238 B737-300 World Star Aviation Services CFM56-3C1 28738 1998 Mid 2013 Lease Garreth Slevin [email protected] +1 415-956-9426 B737-300 World Star Aviation Services CFM56-3C1 28872 1998 Spring 13 Lease Tommy Guttman tguttman@worldstaraviation. com +972-5-4422-0000 B737-300 ORIX Aviation CFM56-3C1 26084 1993 Q2/2013 Sale Dave Houlihan [email protected] +353 87 2458418 B737-300 ORIX Aviation CFM56-3B2 28560 1997 Q2/2013 Sale Dave Houlihan [email protected] +353 87 2458418 B737-300 ORIX Aviation CFM56-3B2 28567 1997 Q2/2013 Lease Dave Houlihan [email protected] +353 87 2458418 B737-300F ORIX Aviation CFM56-3B1 24710 1990 Q3/2013 Sale Dave Houlihan [email protected] +353 87 2458418 B737-300F Safair Operations CFM56-3B2Now - Wet Lease / ACMI C. Schoonderwoerd [email protected] +27 11 928 0000 B737-300QC Safair Operations CFM56-3B2Now - Wet Lease / ACMI C. Schoonderwoerd [email protected] +27 11 928 0000 B737-322 GA Telesis CFM56-3C1 23950 1988 Now Sale / Lease Harris Koutounidis [email protected] +1-954-676-3111 B737-400 World Star Aviation Services CFM56-3C1 24332 1990 Spring 13 Lease Tommy Guttman [email protected] +972-5-4422-0000 B737-400 World Star Aviation Services CFM56-3C1 24706 1991 Now Lease Garreth Slevin [email protected] +1 415-956-9426 B737-400 ORIX Aviation CFM56-3B2 24552 1989 Q2/2013 Lease Dave Houlihan [email protected]@ +353 87 2458418 B737-400 AerSale CFM56-3C1 25417 1991 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238 B737-500 ORIX Aviation CFM56-3C1 26445 1992 Q2/2013 Sale / Lease Dave Houlihan [email protected] +353 87 2458418 B737-700 Amentum Capital CFM56-7B22 34320 2005 Aug 2013 Lease Noel Healy [email protected] +353 1 639 8111 B737-700 Amentum Capital CFM56-7B22 34321 2005 Nov 2013 Lease Noel Healy [email protected] +353 1 639 8111 B737-800 ORIX Aviation CFM56-7B24 33995 2005 Q4/2013 Lease Dave Houlihan [email protected] +353 87 2458418 B737-800 ORIX Aviation CFM56-7B24 33602 2006 Q4/2013 Lease Dave Houlihan [email protected] +353 87 2458418 B747-400 AerSale PW4056 25699 1993 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238 B747-400ERF Amentum Capital CF6-80C2B5F 37303 2009 Now Sale Noel Healy [email protected] +353 1 639 8111 B747-400ERF Amentum Capital CF6-80C2B5F 35172 2007 Now Sale Noel Healy [email protected] +353 1 639 8111 B747-400ERF Amentum Capital CF6-80C2B5F 35170 2007 Now Lease Noel Healy [email protected] +353 1 639 8111 B757B757-200 200 mba-b Aircraft Ai ftSlti Solutions RB211-535E4BRB211 535E4B 24590 1990 NowN SaleSl JacobJbA Agnew j@[email protected] +11 703703-276-3202 276 3202 B757-200 World Star Aviation Services RB211-535-E4 24544 1990 Now Lease Garreth Slevin [email protected] +1 415-956-9426 B757-200 Aerolease Aviation, LLC PW2040 24749 1990 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600 B757-200 Aerolease Aviation, LLC PW2040 25436 1991 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600 B757-200 Aerolease Aviation, LLC PW2040 25437 1991 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600 B757-200 Aerolease Aviation, LLC PW2040 25438 1992 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600 B757-200 Aerolease Aviation, LLC PW2040 25439 1992 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600 B757-200 Aerolease Aviation, LLC PW2040 25440 1992 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600 B757-200 Aerolease Aviation, LLC PW2040 25441 1992 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600 B757-200 Aerolease Aviation, LLC PW2040 25901 1992 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600 B757-200 Aerolease Aviation, LLC PW2040 26433 1993 Now Sale / Lease Jep Thornton jep@aerolease. com +1 407 -782-7600 B757-200 Aerolease Aviation, LLC PW2040 26434 1993 Feb 2013 Sale / Lease Jep Thornton [email protected] +1 407-782-7600 B757-200 Aerolease Aviation, LLC PW2040 26435 1993 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600 B757-200F AerSale RB211-535E4 23767 1987 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238 B767-200ER Jet Midwest Inc. PW4056 24007 1988 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296 B767-200ER Jet Midwest Inc. JT9D-7R4D 24325 1989 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296 B767-200ER Jet Midwest Inc. JT9D-7R4D 24145 1988 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296 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 B767-300ER AerSale RB211-524H 24338 1990 Now Sale / Lease Bill Kmiotek [email protected] +1 (646) 379-5042 B777-2H6ER GA Telesis 28418 1999 Now Sale / Lease Harris Koutounidis [email protected]@g +1-954-676-3111 DC9-15 Jet Midwest Inc. JT8D-7B 47152 1967 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296 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 MD82 GA Telesis JT8D-219 49924 1990 Now Sale / Lease Harris Koutounidis [email protected] +1-954-676-3111 MD82 GA Telesis JT8D-219 49923 1990 Now Sale / Lease Harris Koutounidis [email protected] +1-954-676-3111 MD82 GA Telesis JT8D-219 49989 1990 Now Sale / Lease Harris Koutounidis [email protected] +1-954-676-3111

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Commercial Jet Aircraft (cont.) Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone MD82 GA Telesis JT8D-219 49736 1989 Now Sale / Lease Harris Koutounidis [email protected] +1-954-676-3111 MD82 Jet Midwest Inc. JT8D-217C 49988 1990 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296 MD82 Jet Midwest Inc. JT8D-219 49325 1986 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296 MD82 Jet Midwest Inc. JT8D-217C 49286 1985 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296 MD82 Jet Midwest Inc. JT8D-217C 49287 1985 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296 MD82 JetJet Mid Midwestwest IncInc. JT8D- 217C 49342 1987 NowNow SaleSale / L Leaseease PaulPaul KrausKraus paupaull. kraus@[email protected] com ++11 310 652 0296 MD82 Jet Midwest Inc. JT8D-217C 49988 1990 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296 MD83 Wayzata JT8D-219 53022 1990 Now Sale David Dotzenroth [email protected] +1 952-345-0739 MD83 Wayzata No Engines 53472 1997 Now Sale David Dotzenroth [email protected] +1 952-345-0739 MD83 Wayzata No Engines 53473 1997 Now Sale David Dotzenroth [email protected] +1 952-345-0739 MD83 World Star Aviation Services JT8D-219 49808 1991 Now Lease Garreth Slevin [email protected] +1 415-956-9426 MD83 Jet Midwest Inc. JT8D-219 53189 1995 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296 MD83 Jet Midwest Inc. JT8D-219 49663 1987 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296 MD90-30 AerSale V2528-D5 53493 1998 Now Sale / Lease Shane O´Connell [email protected] +353 (87) 0638243 MD90MD90-30 30 AerSale V2528-D5V2528 D5 53497 1998 Now Sale / Lease Shane O´ConnellO Connell [email protected]@aersale.com +353353 ((87)87) 0638243 MD90-30 AerSale V2528-D5 53506 1998 Now Sale / Lease Aidan Harrison [email protected] +353 (86) 3890787

Regional Jet / Turboprop Aircraft Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone ATR42-300 Willis Lease PW121 Now Sale / Lease Dave Johnson [email protected] +1 415 408 4730 ATR72-200 Willis Lease PW124B Now Sale / Lease Dave Johnson [email protected] +1 415 408 4730 CRJ200LR GA Telesis CF34-3B1 7295 1999 Now Sale / Lease Harris Koutounidis [email protected] +1 954 676 3111 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 ERJERJ-135ER 135ER BristolBi t lA Associates i t 145192 1999 NowN SaleSl 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 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 Bristol Associates 145323 2000 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 Focker 50 PX AeroCentury PW125B 20108 Now Sale Byron Hurey [email protected] +1 650 340 1888 Focker 50 PX AeroCentury PW125B 20110 Now Sale Byron Hurey [email protected] +1 650 340 1888 Focker 50 PX AeroCentury PW125B 20112 Now Sale Byron Hurey [email protected] +1 650 340 1888 Focker 50 PX AeroCentury PW125B 20115 Now Sale Byron Hurey [email protected] +1 650 340 1888 Focker 50 PX AeroCentury PW125B 20116 Now Sale Byron Hurey [email protected] +1 650 340 1888 Fokker 100 PX AeroCentury Tay 650-15 650-15 11303 1990 Now Lease Byron Hurey [email protected]@aeroCentury.com ++11 650 340 1888 Fokker 100 PX AeroCentury Tay 650-15 11333 Now Lease Byron Hurey [email protected] +1 650 340 1888 Saab 340B PX AeroCentury CT7-9B 237 Now Lease Byron Hurey [email protected] +1 650 340 1888 Saab 340B PX AeroCentury CT7-9B 239 Now Lease Byron Hurey [email protected] +1 650 340 1888 Saab 340B PX AeroCentury CT7-9B 242 Now Lease Byron Hurey [email protected] +1 650 340 1888 Saab 340B PX AeroCentury CT7-9B 310 Now Lease Byron Hurey [email protected] +1 650 340 1888

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Commerical Engines Engine Type 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 (2) AE3007A1 Now - Sale / Lease Engine Lease Finance Ciaran McGlynn [email protected] +353 61 291729 (1) AE3007 Now - Sale/Lease/Exch. Willis Lease Marty Jones [email protected] +1 (561) 809-0454 (1) AE3007A1 Now - Sale / Lease Rolls-Royce & Partners Finance Bobby Janagan [email protected] +44 20 7227 9078 CF34 Engines CF34-3A1/B1CF34 3A1/B1 (multiple ( lti l available) il bl ) NNow - Sale/Lease/Exch. Sl/L /Eh MllGMagellan Group Bill PPolyi l i [email protected] l i@ ll t +11 (704) 504-9204 504 9204 (1) CF34-8E5 Now - Lease Lufthansa Technik AERO Alzey Tobias Konrad [email protected] +49 (0) 6731 497461 (2) CF34-10E5 (1) CF34-10E6 Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) CF34-3B1 Now - Sale/Lease/Exch. Willis Lease Marty Jones [email protected] +1 (561) 809-0454 (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

February 11, 2013 The AviTrader Aircraft and Engine Marketplace Page 3 of 4

Commerical Engines (cont.) Engine Type Sale / Lease Company Contact Email Phone

CF6 Engines (2) CF6-80C2B1F Now - Sale/Lease/Exch. Apollo Aviation Group Erik Castillo [email protected] +1 (305) 579-2340 (multiple) CF6-80C2A2/A5 Now - Sale/Lease/Exch. (1) CF6-80C2B4F Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (1) CF6-80C2B4 Now - Sale / Lease CTS Engines Jim Green [email protected] + 1 954 889 0639 (1) CF6-80C2B6 Now - Sale / Lease Jim Green [email protected] + 1 954 889 0639 (1) CF6-80C2B6F Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst [email protected] + 44 (0) 7760884250 (1) CF6-80C2B2 Now Lease AeroTurbine Todd Power [email protected] +1 214-240-1145 (1) CF6-80C2B6F Apr 13 - Lease ORIX Aviation Dave Houlihan [email protected] +353 87 2458418 (2) CF6-80C2A2 Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) CF6-80C2B6F Now - Sale/Lease/Exch. (1) CF6-80C2A5 Now - Sale / Lease (1) CF6-50 C2/E2 Now - Sale Patriot Aviation Services Virgil Pizer [email protected] +1 (954) 462-6040 (5) CF6-50 Now - Sale / Lease Phoenix Aer Capital Bob Gallagher [email protected] +1(727)376-9292 (1) CF6-80C2B1F Now - Lease Engine Lease Finance Joe Hussar [email protected] +1 (617)828-3569 (2) CF6-80C2B1F (QEC avialable) Now - Sale/Lease/Exch. AerSale. Inc. Tom McFarland [email protected] +1 305 764-3208 (1)CF6(1)CF6-80C2D1F 80C2D1F (QEC avialable) i l bl ) MarM 13 13Sl/L - Sale/Lease/Exch. /Eh

CFM56 Engines (1) CFM56-7B24 Now - Lease Engine Lease Finance Joe Hussar [email protected] +1 617 828-3569 (1) CFM56-5A3 Now - Lease (2) CFM56-3B2 Now - Sale World Star Aviation Services Garreth Slevin [email protected] +1 415-956-9426 (1) CFM56-3C1 Now - Sale (2) CFM56-3C1 Now - Sale / LeaseRoyal Aero Frank Rustmeier [email protected] +49 (0)8025 99360 (1) CFM56-5A3 Oct 13 - Sale / Lease (2) CFM56-5B4P Now - Sale / Lease (1) CFM56CFM56-5C4 5C4 FebFb13Sl 13 - Sale / /L Lease (1) CFM56-3C1 Now - Sale Patriot Aviation Services Virgil Pizer [email protected] +1 (954) 462-6040 (2) CFM56-5B4/P (with QEC) Now - Sale / Lease TPG Credit Rich Gauvin [email protected] +1 (612) 851 3022 (5) CFM56-3C1 Now - Sale / Lease Aergo Group Michael Moore [email protected] +353 1 676 1077 (2) CFM56-5C3 Now - Sale/Lease/Exch.Magellan Group Bill Polyi [email protected] +1 (704) 504-9204 (2) CFM56-3C1 (ZERO TSLSV) Now - Sale/Lease/Exch. Lufthansa Technik Airmotive Irel. Alan Phelan [email protected] +353-87-2786738 (1) CFM56-3C1 (SERV) Now - Lease (1) CFM56-3B1 (SERV) Now - Sale/Lease/Exch. (1) CFM56-3C1 (ZERO TSPR) Now - Sale/Lease/Exch. (1) CFM56CFM56-3C1-3C1 (ZERO TSPR) End Jan 13 - Lease (1) CFM56-3B2 (ZERO TSLSV) Now - Sale/Lease/Exch. (3) CFM56-5A1/F Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) CFM56-5B4 Now - Sale / Lease 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) CFM56-5A3 Now - LeaseWillis Lease Ann Lee [email protected] +1 (415) 408 4769 (1) CFM56-5B4/P Now - Lease (1) CFM56-7B24 (Non-TI) Now - Lease (1) CFM56-7B24/3 Now - Lease (1) CFM56-3C1Now - Sale / Exchange AeroTurbine Todd Power [email protected] +1 214-240-1145 (2) CFM56-5A3 Now - Sale / Exchange (2) CFM56-5A1 Now - Lease (1) CFM56-7B26 Now - Lease (1) CFM56-7B26/3 Now - Lease (2) CFM56-3B2 Now - Sale / Exchange (2) CFM56-3B2 Now - Lease (6) CFM56CFM56-3C1 3C1 NowNL - Lease (2) CFM56-3 Now - Sale / Lease Apollo Aviation Group Erik Castillo [email protected] +1 (305) 579-2340 (multiple) CFM56-5C4 Now - Sale/Lease/Exch. (2) CFM56 – 5C3 Now - Sale/Lease/Exch. Magellan Group Bill Polyi [email protected] +1 (704) 504-9204 (1) CFM56-7B20 Now - Sale/Lease/Exch. (1) CFM56-5C4 Now - Lease ORIX Aviation Dave Houlihan [email protected] +353 87 2458418 (1) CFM56-3C1 Now - Sale (2) CFM56-3B2 Now - Sale / Lease (1) CFM56-5B4P Now - Lease LeLacAero, LLC Michelle Ketcham [email protected] +1 302-365-0750 ((1)1) CFM56CFM56-5A 5A Now - Sale/Lease/Exch.Sale/Lease/Exch. TES Aviation GrouGroupp Lee Whitehurst lee lee.whitehurst.whitehurst@[email protected] uk.com + 44 ((0)0) 7760884250 (2) CFM56-3C1 Now - Sale/Lease/Exch PSG Turbines LLC Karl Drusch [email protected] +1-817-296-2705 (2) CFM56-5A Now - Sale GECAS Engine Leasing Sherry Riley [email protected] +1(513)782-4272

February 11, 2013 The AviTrader Aircraft and Engine Marketplace Page 4 of 4

Commerical Engines (cont.) Engine Type Sale / Lease Company Contact Email Phone JT8D Engines (2) JT8D-219 Now - Sale/Lease/Exch PSG Turbines LLC Karl Drusch [email protected] +1-817-296-2705 (1) JT8D-217C Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) JT8D-219 Now - Sale / Lease (1) JT8D-219 or -217 Now - Sale / Lease Jet Midwest Cathy Liu [email protected] +1 310-652-0296 (1) JT8D-219 Now - Lease World Star Aviation Services Garreth Slevin [email protected] +1 415-956-9426 ((2)2) JT8DJT8D-219 219 Now - Sale / Lease Phoenix Aer CaCapitalpital Bob GallagherGallagher r r..ggallagher@[email protected] +1(727)376+1(727)376-9292 9292

JT9D Engines (2) JT9D-7R4D/E Now - Sale Patriot Aviation Services Virgil Pizer [email protected] +1 (954) 462-6040 (1) JT9D-7A Now - Sale (2) JT9D-7R4 Now - Sale / Lease Phoenix Aer Capital Bob Gallagher [email protected] +1(727)376-9292 (1) JT9D-7R4D overhauled Now - Sale / Lease Jet Midwest Cathy Liu [email protected] +1 310-652-0296 (34) JT9D-7R4D Now - Sale / Lease PW Small Engines PW100's (all models) Now - Sale/Lease/Exch. Magellan Group Bill Polyi [email protected] +1 (704) 504-9204 PW100s (all models) Now - Sale / Lease Lufthansa Technik AERO Alzey Tobias Konrad [email protected] +49 (0) 6731 497461 (5) PW150A (also Pooling available) Now - Lease (2) PW121 (ATR) Now - Sale/Lease/Exch.Willis Lease Marty Jones [email protected] +1 (561) 809-0454 (1) PW121 (Dash 8) Now - Sale/Lease/Exch. (2) PW127F Now - Sale/Lease/Exch. (1) PW127M Now - Sale/Lease/Exch. (1) PW124B Now - Sale/Lease/Exch. (2) PW150A Now - Sale/Lease/Exch. (1) PW121 Now - Sale / Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360 (1) PW150 (TT=0) Now - Sale/Lease/Exch. Magellan Group Bill Polyi [email protected] +1 (704) 504-9204

PW4000 Engines (1) PW4056-3 Now - Sale/Lease/Exch. GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) PW4056-1 Now - Sale / Lease (1) PW4060-3 Dec 14 - Sale / Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360 (1) PW4168A Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst [email protected] + 44 (0) 7760 884250 (1) PW4168A Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (1) PW4060 Now - Lease (1) PW4168A Now - Sale / Lease Engine Lease Finance Joe Hussar [email protected] +1 (617)828-3569 (1) PW4056-1C Now - Sale / Lease Jet Midwest Cathy Liu [email protected] +1 310-652-0296 RB211 Engines (1) RB211-535E4 Now - Sale/Lease Rolls-Royce & Partners Finance Bobby Janagan [email protected] +44 20 7227 9078 (1) RB211-535E4B Now - Sale/Lease/Exch. GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) RB211-535E4 Now - Sale / Lease Aerolease Aviation Tim Corley [email protected] +1 (360) 825-4699 (1) RB211-535E4-37/B (with QEC) Now - Sale / Lease AerSale Inc. Tom McFarland [email protected] +1 305 764 3208 (1) RB211-535E4 Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst [email protected] + 44 (0) 7760 884250 Trent Engines (1) Trent 800 Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) Trent 556A-62-61 Apr 15 Sale / Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360 Tayyg Engines (multiple) Tay 650-15 Now - Sale / Lease Jet Midwest Cathy Liu [email protected] +1 310-652-0296

V2500 Engines (1) V2527-A5 Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (1) V2500-A1 Now Sale / Lease (2) V2533-A5 Now - Lease (1) V2500-A1 Now - Lease ORIX Aviation Dave Houlihan [email protected] +353 87 2458418 (2) V2500-A5 Now - Sale/Lease/Exch. IAI Baruch Krieger [email protected] +972-52-3663071 (1) V2500-A1 Now - Sale / Lease GMT Global Republic Aviation Michael Coviello [email protected] +1-303-923-2167 (1) V2533-A5 Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst [email protected] + 44 (0) 7760 884250 (1) V2527V2527-A5-A5 Now - Lease Engine Lease Finance Joe Hussar [email protected]@elfc.com ++11 617 828828-3569-3569 (1) V2533-A5 Now - Sale / 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 (2) V2500-A1 Now - Sale / Lease Aircraft and Engine Parts, Components and Misc. Equipment Description Company Contact Email Phone (2) JT9D-7R4G2 HPT Modules Now - Sale Patriot Aviation Services Virgil Pizer [email protected] +1 (954) 462-6040 NEW QEC for V2500 Now - Sale Willis Lease Ann Lee [email protected] +1 (415) 408 4769 APU 3800298-1-2 (B767) Now - Sale / Lease Jet Midwest Cathy Liu [email protected] +1 310-652-0296 ()(2) V2500-A1 teardown material inventory y Now - Sale World Star Aviation Serv. Garreth Slevin gslevin@worldstaraviationg@ +1 415-956-9426 CFM56-3 Serv Modules (Fan/Booster/HPT/LPT/ AD compliant Gearbox) LHT Airmotive Ireland Alan Phelan [email protected] +353-87-2786738 (1) PW901A Now - Lease LHT AERO Alzey Tobias Konrad [email protected] +49 (0) 6731 497461 GTCP131-9B, PW901A, GTCP331-200ER, Now - Sale/Lease/Exch. Aeroturbine Aaron Putman [email protected] +1 214-729-4268 GTCP131-9A, RE220RJ, GTCP331-350C APU T62-T-46C12 (Dash 8 Q400) SVC – available now - sale/exchange Magellan Group Ben Murphy or [email protected] +353 61-474800 x429 APU GTCP36-150RJ (CRJ 100/200) SVC- available now – sale/lease/exch. Shannon, Ireland John McDonnell Wanted Description Company Contact Email Phone (1) 737-400 airframe wanted for tear-down purpose, any year of manufacture Jet Midwest Cathy Liu [email protected] +1 310-652-0296

February 11, 2013