ISSN 1718-7966 March 7, 2016/ VOL. 530

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

WORLD NEWS Lufthansa begins new Panama City service Lufthansa has started its new- ser vice to Panama City operating a 298 seater Airbus A340-300 aircraft. Un- der the new codeshare accord, Luf- thansa travellers can fly on with Star Alliance partner Copa from Panama City to any of 73 further destinations in Ecuador, Venezuela, Peru and Costa Rica, many of them bookable under Lufthansa flight numbers. In return, Copa Airlines customers gain access to the global network of the Lufthansa Group, which currently extends to 261 des- Republic tinations in 101 countries. operates significant services for Sydney welcomes new Qatar American Airways services Eagle. Qatar Airways has commenced a Photo: American daily service from Doha to Sydney. Airlines Sydney Airport Managing Director and Chief Executive Officer, Ms. -Ker rie Mather said: Qatar Airways’ new Republic Airways files for Chapter 11 daily service will boost tourism, pro- As U.S. pilot shortage deepens viding an additional 245,000 seats per year, generating an estimated When Indianapolis-based Re- age has translated into a loss of Also, recently introduced govern- 3,000 jobs and contributing more public Airways Holdings filed for revenue that has ultimately re- ment rules in the U.S. have made than AUD$240 million to the Aus- Chapter 11 bankruptcy protection sulted in a need to file for bank- it even harder to become an air- tralian economy. Qatar operates a at the end of February, the event ruptcy protection. line pilot than it used to be. Boeing 777-300 on the new route. highlighted the troubling and on- The new service will also provide 84 going pilot shortages in the U.S. So where have all the pilots gone? In 2013 the Federal Aviation Ad- tonnes of cargo capacity per week regional sector. Republic is Well, the simplest explanation is ministration (FAA), slapped a new in and out of the New South Wales the second-largest regional carri- that training pilots takes a lot of rule that increased the qualifica- (NSW) capital, connecting Australia’s er behind Utah- tion require- leading exporters to Qatar Airways based SkyWest ments for first Cargo’s global network of more than officers who fly 150 stations around the world. and for several “Over the last several months, the airline years Repub- for U.S. passen- Bangkok Airways selects Sabre lic has suffered attempted to restructure the obligations ger and cargo technology from not having on its out-of-favour aircraft.” airlines. The rule requires first of- Bangkok Airways will be among the enough pilots first to adopt Sabre’s revenue op- to cover all its Bryan Bedford, chairman Republic Airways ficers to hold an timiser solution, designed to help flights. airline transport airlines respond to changing market pilot certificate, conditions in real-time and maximise Republic’s board of directors time and the profession is hierar- requiring 1,500 hours total time multiple revenue streams through unanimously determined that a chical, so the supply is relatively as a pilot. Previously, first officers advanced decision support for cus- Chapter 11 reorganisation is in inelastic. Mainline carriers how- were required to have only a com- tomer segmentation, offer manage- the best interest of the company ever are mostly insulated from mercial pilot certificate, which re- ment and pricing optimisation. and its stakeholders. This short- this issue. Continued on page 3 Quantum Control Integrated with MRO & Logistics Software Solutions StockMarket.aero Robust Simplicity · Customer-driven Evolution · Tailored Fit · Experience You Can Trust For more information or to request a demo visit us at www.componentcontrol.com Aeroset © Copyright 2016 - All Rights Reserved

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quires 250 hours of flight time. screening and training process. As a result, quidity to meet its working capital and op- regional airlines like Republic Airways can’t erating expenses during the restructuring The rule also requires first officers to have keep up with the loss of pilots flowing to process and Bedford feels restructuring will an aircraft type rating, which involves ad- mainline carriers. maintain Republic as the world’s largest op- ditional training and testing specific to the erator of Embraer jets. aircraft they fly. Bryan Bedford, Republic’s chairman has stressed that over the last several months, It remains unclear whether Republic will The Regional Airlines Association has stood the airline attempted to restructure the ob- commit to its order for the Bombardier C in support of Republic saying that while re- ligations on its out-of-favour aircraft – made Series but it will not come as a shock if the gional airlines received ample applications so by a nationwide pilot shortage which led airline uses the Chapter 11 process to try to last year from pilots qualified to federal to making some painful decisions. cancel the Bombardier order. standards, far fewer were able to success- fully withstand the regional airlines own The company has sufficient assets and li-

AIRCRAFT & ENGINE NEWS CDB Leasing takes delivery of first Next-Generation 737

Skyworld Aviation arranges ATR 42-300 ACMI between DAT and Sunrise Airways Skyworld Aviation has arranged a long-term ACMI agreement between Danish Air Transport (DAT) of Denmark and Sunrise Airways of . The aircraft, an ATR 42-320 (serial number 112), is due to start operations in early March and the contract will con- tinue into late 2017. Sunrise Airways currently op- erates a fleet of three 19-seat Jetstream 32 aircraft, serving Porte au Prince, Cap Haitien, and Santiago de . In 2015, Sunrise was the first Haitian airline to be awarded a Part 129 Operating Permit which upgraded the airline from ad-hoc/ charter service to scheduled service status. First Boeing Next-Generation 737 from CDB Leasing’s order book, operated by China Eastern Airlines Photo: Boeing

Waypoint Leasing signs purchase and lease- back agreement with Bristow Group China Development Bank Financial Leasing has taken delivery of the first Next-Generation Boe- ing 737 from the lessor’s order book. It marks the first of 30 Boeing 737NGs CDB Leasing has on Waypoint Leasing (Ireland), an independent global order. The Next-Generation 737-800 delivered to China Eastern Airlines features the airline’s helicopter leasing company, has closed a multi- refreshed interior and the signature elements of Boeing’s innovative Sky Interior with modern aircraft agreement with the Bristow Group for the sculpted sidewalls and window reveals, larger pivoting overhead stowage bins and LED lighting purchase and leaseback of three AgustaWestland that enhances the sense of spaciousness. AW139 helicopters. All three helicopters will op- erate offshore in crew change and limited search and rescue roles, on long-term contract in Guyana. Thai Aviation Services selects fleet of Sikor- operator to continue its track record of providing Waypoint’s portfolio includes more than 120- air sky Helicopters safe, reliable helicopter transportation to oil and craft with total assets in excess of US$1.5bn. Way- gas customers in the Gulf of Thailand. The an- point’s fleet operates for 16 customers in 27 coun- Thai Aviation Services has decided to renew its nouncement was made at the 2016 Helicopter tries. Additionally, Waypoint has firm and option existing fleet of commercial helicopters with Association International Heli-Expo show. The orders with aircraft manufacturers for more than five Sikorsky S-76D medium-lift and two S-92 new fleet replaces six older model S-76 aircraft 125 helicopters valued at more than US$1.7bn, to heavy-lift aircraft. Selection of an all-new Sikor- and two S-92 aircraft currently operated by Thai be delivered over the next five years. sky aircraft fleet will enable the Bangkok-based Aviation Services. Acquisition of the new heli-

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AIRCRAFT & ENGINE NEWS ATR “All Electrical Aircraft” flying demonstrator takes off for Clean Sky copters via a major aircraft leasing company’s order book will begin in the third quarter of 2016 until all fleet aircraft are replaced by early 2017.

Rolls-Royce, Enstrom Helicopter sign new 5-year agreement for M250 engine Rolls-Royce and Enstrom Helicopter Corporation have signed a new agreement to provide Rolls- Royce M250 engines for the versatile 480B heli- copter. The 480B is Enstrom’s flagship turbine helicopter, known for its combination of safety, stability, comfort and value. The five-seat aircraft serves as a military trainer, and is well suited for ATR ’All-Electrical Aircraft‘ Flying Demonstrator takes off for Clean Sky Photo: ATR law enforcement, emergency medical and com- mercial, agricultural and private operations. The An ATR 72 prototype has taken to the skies to launch the second flying demonstration campaign Enstrom 480B helicopter is powered exclusively as part of the EU’s Clean Sky Joint Undertaking (CS JU) program. The aim of this flight trial is to by a single Rolls-Royce M250-C20W engine, test an all-electrical energy management system, optimizing the electrical power distribution. known for its power and dependability. More This second flight test campaign also performs checks on a new all-electrical air conditioning than 220 M250-powered 480B helicopters are in system. The current ‘All Electrical Aircraft’ (AEA) flight tests campaign comes on the heels of the service throughout the world. first “green” flying demonstration of the Clean Sky program, completed on July 2015 with the same ATR 72 prototype aircraft. The aim of the first flight test campaign was to test new and more effective composite insulation materials and new vibro-acoustic sensors integrated into Waypoint Leasing signs multi-aircraft pur- a large panel of the ATR aircraft fuselage. The flights also tested new generation optical fibers chase and leaseback agreement with DRF for improved identification of micro-cracks and easier maintenance. The advanced technologies Luftrettung tested through the AEA Flying Demonstrator have been jointly developed by ATR’s shareholder Finmeccanica (formerly Alenia Aermacchi), CS JU members such as Liebherr for the electrical air Waypoint Leasing (Ireland) has closed a multi-air- conditioning system, Thales for the electrical generation, and CS JU partners via calls for propos- craft agreement with DRF Luftrettung (DRF), one of als. ATR has been part of the project since it was initiated in 2008 through its Italian shareholder the largest non-profit air rescue services in Germa- Finmeccanica the Coordinator of Green Regional Aircraft Integrated Technology Demonstrator, ny, for the purchase and leaseback of two Airbus inside the Clean Sky Joint Technology Initiative (CS JTI). Clean Sky is a measure adopted by the H135P2 helicopters. Both helicopters will operate European Parliament to support the trend of public-private partnership initiatives in the field of in Germany, supporting civilian emergency medical research. The aim is to jointly develop a broad spectrum of technologies devoted to a clean, in- services (“EMS”). Dr. Hans Eyrich, CEO of DRF, said, novative and competitive air transport system. “As we plan for the year ahead, helicopter leasing provides additional flexibility to help manage and finance our fleet. Waypoint has proven itself to be a very valuable partner for us in providing a leas- ing solution with best-in-class technical knowledge and management expertise.” clude a complete cabin refurbishment, replac- MRO & PRODUCTION NEWS ing all hard and soft materials, the installation of new LED cabin lighting, and galley modifica- tion. The project was achieved in collaboration Bombardier and Hawker Pacific extend Au- 328 Design GmbH achieves first FAA STC with USA-based Duncan Aviation at the compa- thorized Service Facility agreement for Q for Dassault Falcon 50EX major cabin ny’s full-service facility in Battle Creek, Michi- Series aircraft modernization gan. This latest STC marks 328DO’s 21st collab- Bombardier Commercial Aircraft has extended 328 Design GmbH (328DO), part of the 328 oration with Duncan Aviation in the four years its Authorized Service Facility (ASF) agreement Group, the Germany-based refurbishment, the companies have been working together. with Hawker Pacific of Sydney, Australia for an completions and aircraft maintenance special- additional five-year term. Under the agreement, ist, has successfully achieved the first Supple- Hawker Pacific is designated as an authorized mental Type Certificate (STC) for the Dassault SR Technics to cooperate with S7 ENGI- service provider for base and other maintenance Falcon 50EX from the US FAA under the FAA/ NEERING on engine maintenance and on all Bombardier Dash 8 / Q Series aircraft, in- EASA bilateral safety agreement. The STC cov- on-wing services in Russia cluding aircraft modifications and upgrades. The ers extensive cabin refurbishment including the fleet of Bombardier commercial aircraft in the replacement of the legacy Cabin Management SR Technics, one of the world’s leading provid- Asia-Pacific region is steadily growing with more System/In-flight Entertainment (CMS/IFE) with ers of technical solutions to airlines, is proud than 360 Q Series turboprops, CRJ regional jets Honeywell Ovation Select state-of-the-art Au- to announce a cooperation with S7 ENGINEER- and C Series airliners now in service with, or on dio/HD Video Entertainment and CMS including ING (S7E), a part of ENGINEERING Holding, to firm order from, approximately 50 customers T-PED (Transmitting Portable Electronic Device) provide Russian and CIS aircraft operators and and operators in the region. connectivity via Wi-Fi. 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MRO & PRODUCTION NEWS Singapore Airlines becomes new operator of A350 XWB services for CFM56-5B and CFM56-7B engines. The two companies signed a long-term agree- ment to combine SR Technics technical exper- tise on MRO services with ENGINEERING Hold- ing’s deep understanding of the needs of local customers. Furthermore, SR Technics will intro- duce and train the local teams in the LEAN and Continuous Improvement Culture, providing the highest-quality and safety standards for the benefit of customers. Engine MRO services will be provided in a new S7E repair facility located in Domodedovo Airport (DME), Moscow, which will commence operations in early summer 2016. SR Technics will support the certification of the engine repair facility in accordance with the Russian Ministry of Transport and EASA Singapore Airlines takes delivery of its first A350 XWB in Toulouse, France Photo: Airbus guidelines by implementing SR Technics’ qual- ity standards and best practices. Singapore Airlines has taken delivery of its first A350 XWB in Toulouse, France, becoming the fifth operator of the all-new wide-body airliner. The A350 XWB will form the backbone of Sin- gapore Airlines’ future mid-size wide-body fleet. Singapore Airlines’ aircraft is configured in a premium three-class layout with 253 seats, comprising 42 Business Class, 24 Premium Econ- F/LIST receives new production commis- omy and 187 Economy. After an initial period flying on regional services to Kuala Lumpur and sion from Fokker Jakarta, the aircraft will be deployed on long-haul flights from May, starting with Amsterdam and then Dusseldorf. Altogether the airline has ordered 67 A350-900s which will be operated In January 2016, F/LIST and Fokker Services on long-range flights, as well as on selected regional services. Seven of the aircraft will be de- B.V. launched a new development project for livered with an ultra-long range capability for flights of up to 19 hours, allowing the carrier to aircraft interiors. F/LIST will deliver the interior, resume non-stop flights to the US. The A350 XWB will join an existing Airbus fleet at Singapore intended for the aircraft type ARJ21-700 from Airlines that currently comprises 19 double-decker A380s and 29 A330-300s, making the car- Fokker’s client Commercial Aircraft Corpora- rier an operator of the complete Airbus Wide-body Family. tion of China (COMAC), directly to the Dutch business by the end of 2016. Prior to the end of last year, F/LIST closed a contract with the Dutch business Fokker Services B.V. to de- Airbus’ China A330 Wide-body Completion & Delivery Centre construction starts velop and manufacture exclusive interiors for a Chinese aircraft type. The primary challenge lies in transforming the COMAC aircraft type ARJ21-700 from a regional jet into a high-end business jet for the first time. The commission encompasses the galleys, the private suite in- cluding the VIP lavatory, the lounge area, the conference/dining area as well as the business class area along with the AFT lavatory. Over the course of production, F/LIST will also employ their expertise in engineering, in water system integration and in wiring all pertinent areas. F/ LIST intends to deliver all construction compo- Groundbreaking ceremony for Airbus Tianjin A330 Completion & Delivery Centre Photo: Airbus nents to Fokker Services by the end of 2016. Airbus has taken additional steps in the expansion of its global footprint and its strategic part- nership with China as construction gets underway for the Airbus A330 Completion and Delivery Centre (C&DC) in Tianjin, China. The A330 C&DC will be co-located at the same site as the Airbus Rolls-Royce, Innova Helicopters sign Tianjin A320 Family Final Assembly Line and the Airbus Tianjin Delivery Centre. In summer 2014, RR300 development agreement Airbus, Tianjin Free Trade Zone (TJFTZ) and the Aviation Industry Corporation of China (AVIC) signed a framework agreement on setting up an A330 C&DC in Tianjin. The A330 C&DC Tianjin Rolls-Royce and Innova Helicopters, a subsidi- will cover the aircraft completion activities including cabin installation, aircraft painting and flight ary of Innova Aerospace, have reached agree- test, as well as aircraft delivery and customer flight acceptance. The A330 Family aircraft to be ment to launch a technical development pro- completed at the A330 C&DC Tianjin will be assembled in Toulouse while painting and cabin gram to certify the RR300 turbo-shaft engine fitting will be performed in Tianjin. This latest development of Airbus’ cooperation in China- per for the Innova Helicopters C630. The three-year fectly supports the forecast for passenger air traffic in China which is set to grow well above the engineering support agreement will provide world average of 4.6%. The average annual growth for the domestic air traffic market in China Rolls-Royce technical installation support to will be at 6.9% and that for the international market is forecast to be at 6.8%. The key underly- complement Innova Helicopter’s C630 certifica- ing factors for the forecast are as follows: China’s long term economic outlook remains positive, tion program. Both Rolls-Royce and Innova Hel- Chinese middle class continues to increase, and Chinese outbound tourism is expanding. icopters have already installed an RR300 engine 8 WEEKLY AVIATION HEADLINES

MRO & PRODUCTION NEWS Air Inuit to be launch customer for Bombardier Q300 Freighter with large cargo door into the C630 airframe and work continues on Bombardier Commercial Air- plan. The affordable RR300 has been designed craft and Air Inuit have re- for reliable turbine-powered flight for a new ported that they are working generation of aircraft. Specifically designed for together on a passenger-to- light helicopters, the engine is optimized for freighter conversion for the performance in the 240–300 shaft horsepower Q300 turboprop aircraft. The range. It has true multi-fuel capability and tur- freighter will include a large bine engine responsiveness, smoothness and cargo door. Dorval, Québec- worry-free reliability. The global RR300 FIRST based Air Inuit, a long-time network is designed to deliver local engine re- operator of Q300 aircraft, pair and overhaul support. has championed this modifi- cation and will be the launch customer for the conversion. Q300 LCD Freighter in Air Inuit’s livery Photo: Bombardier In support of this conversion, Amaszonas signs ABACUS contract with a new Supplemental Type Certificate (STC) will be developed under license by a specialized Fokker for fleet of Bombardier CRJ200s third-party entity. The converted Q300 aircraft is expected to have a cargo capacity of 12,500 lb with an optimized cargo door. The aircraft will accommodate palletized and free load cargo. Fokker Technologies, a division of GKN Aero- Air Inuit currently operates a fleet of 25 aircraft that includes two Bombardier Q100 and 10 space and Amaszonas, located in Bolivia, has Q300 turboprops. entered into a five-year ABACUS program for its fleet of CRJ200 aircraft. As part of this support program, Fokker will exchange and repair all ro- table components of Amaszonas’ CRJ200 fleet Vector Aerospace certified for Airbus Helicopters H130/EC130 Tail Rotor Gearbox on a ‘Power-by-the-hour’ base. In 2015 Fokker repair and overhaul extended their comprehensive rotable com- ponents support program ‘ABACUS’ by adding Vector Aerospace the Bombardier CRJ aircraft family and signing has announced the Air Nostrum as launch customer. Amaszonas is addition of the - Air now the second CRJ customer to sign up for this bus Helicopters H130 program. (formerly EC130 T2) and EC130 B4 tail ro- tor gearbox (TGB) to its existing range of Precision Aviation Controls now Honey- rotorcraft repair and well approved for Pratt & Whitney PT6 overhaul (R&O) ca- series fuel accessory support pabilities. Vector will offer this expanded Precision Aviation Group has received formal support for the approval from Honeywell to provide Mainte- H130/EC130 from its nance Repair and Overhaul (MRO) services facilities in Langley for various PT6A and PT6T Engine Accessories and Richmond, BC, through its subsidiary Precision Aviation Con- Canada, which al- trols (PAC). The capabilities have been added ready offer operators at PAG’s subsidiary Precision Aviation Controls worldwide a range of (PAC), an FAA / EASA & ISO 9001 Approved Re- Vector Aerospace maintenance on H130 Tail Rotor Gearbox services for Airbus pair Station located in Independence, Kansas. Photo: Vector Aerospace Helicopters models PAC has been a Honeywell Authorized Warran- including the H125/ ty and Repair Station (AWARS) since 1995. The AS350, AS355, H130/EC130, BO105, H135/EC135 and AS332. Vector’s service offerings for new PT6 approval encompasses the complete the H130/EC130 family include D-level structural repairs, dynamic component repair (DCR), line of PT6 Fuel Accessories and complements including main and tail rotor gearboxes, plus scheduled maintenance including 12-year inspec- PAC’s existing RR250 and LTS101 capabilities. tions. Vector is also an authorized Turbomeca Arriel 2 repair center, supporting operators in This increases PAC’s MRO capability to over North America. 1,200 unique part numbers.

quarter operating profit of €540m excluding ber 31st, 2015 of €2,300m excluding Aer Lingus FINANCIAL NEWS Aer Lingus and before exceptional items (2014: and before exceptional items (2014: operating operating profit of €260m); including Aer Lingus profit of €1,390m), up 65%; including Aer Lingus IAG posts full year 2015 results €530m. Passenger unit revenue for the quarter €2,335m. Revenue for the year was up 13.3% to was up 3.1% excluding Aer Lingus and at constant €22,858m and passenger unit revenue for the International Airlines Group (IAG) has presented currency down 3.7% including approximately year down 3.5% at constant currency. (€1.00 = Group consolidated results for the year to De- 1 point adverse impact from Paris attacks. IAG $1.08 at time of publication.) cember 31st, 2015. The Group posted a fourth- reported operating profit for the year to Decem- 9 WEEKLY AVIATION HEADLINES

under the company’s certificates has also gone increased to US$6.4m for the full year in 2015, FINANCIAL NEWS up year-on-year: in 2013 the company had 8 compared to a net loss of US$11.3m for 2014. aircraft, in 2014 – 11, in 2015 – 18 aircraft. The The 2014 results included US$18.7m of non- 2016 summer fleet will consist of 21 Airbus air- cash pre-tax write-downs on older equipment. AE Materials Group acquires The Aircraft craft – seventeen A320s and four A321s. Most of During the fourth quarter of 2015, the Com- Group the aircraft will have a new-concept interior and pany sold three aircraft for cash, which gener- AE Industrial Partners, a private equity investor additional services. It will include new Recaro ated gains totaling US$6.3m. For all of 2015, the in aerospace, power generation and specialty seats, special LED lighting, and wireless internal Company recorded gains totaling US$12.0m for industrial companies, released that its wholly- network AirFi, which will allow passengers to the sale of nine aircraft, including five pursuant owned AE Materials Group (AEMG) has acquired stream media to their devices. (€1.00 = $1.08 at to sales-type finance leases. Average utilization The Aircraft Group (TAG). TAG is a leading pro- time of publication.) improved to 96% in the fourth quarter compared vider of aircraft consulting services for the pur- to 94% in the third quarter and 88% in the year- chase, sale or leasing of commercial aircraft as ago quarter. For the full years of 2015 and 2014, utilization was 92% and 82%, respectively. well as fleet asset management. Terms of the BOC Aviation posts 2015 net profit of transaction were not disclosed. Founded in 1990 US$343m, up 11% by Walter Andrushenko, TAG assists clients with the financial, technical and documentation re- BOC Aviation has reported financial results for Embraer releases fourth quarter and fis- quirements associated with buying, selling and the year ended December 31st, 2015. Robert cal 2015 results leasing commercial aircraft. TAG’s core services Martin, Managing Director and Chief Executive include engine inspections, technical analysis, Officer, said: “In 2015, BOC Aviation had another In 4Q15, Embraer delivered 33 commercial and aircraft import/export services, lease returns, very successful year, with record net profit after 45 executive (25 light and 20 large) jets. The certification, and economic evaluations. TAG tax of US$343m, an 11% increase over 2014. The Company ended 2015 with 101 total commer- also has unique asset management capabilities owned and managed fleet grew to 270 aircraft, cial aircraft deliveries, surpassing 2015 Guid- through its TAG Fleet Online technology. and together with 241 aircraft purchase com- ance. Total executive jet deliveries of 120- air mitments at the year-end, our total fleet was craft (82 light and 38 large) met the executive 511 aircraft.” Total revenues and other income jet deliveries Guidance for 2015. Revenues in rose 10% to US$1.09bn, while total assets grew 4Q15 reached US$2,074.4m and in 2015 were Small Planet Airlines profits more than 9.4% to US$12.5bn at year-end. The company US$5,928.1m, also meeting the Company’s double maintained strong liquidity with US$507m in to- 2015 Revenue Guidance range of US$5.8 to US$ Small Planet Group has announced financial tal cash, bank balances and fixed deposits, and 6.3bn. EBIT and EBITDA margins were 3.1% and results for the year 2015. The company car- more than US$2.7bn in committed revolving 7.9%, respectively. In 4Q15, and for fiscal year ried 1.8 million passengers – 40% more than in credit facilities. 2015 the EBIT and EBITDA margins were 5.6% the previous year – and saw its revenues grow and 10.9%, respectively. 4Q15 Net income - at 27%. Meanwhile, full-year profit for a second tributable to Embraer Shareholders and Earn- ings per ADS totaled US$111.2m and US$0.6091 year in a row doubled. Profits are now being AeroCentury earns US$6.4m in 2015 reinvested into cabin interior and other growth (US$29.7m and US$0.1627 per share excluding projects. Full-year profit was €19.2m before tax, AeroCentury, an independent aircraft leasing deferred tax and provisions relating to Republic’s in comparison to €8.2m in 2014, and €1.7m the company, reported earnings totaling US$3.1m Chapter 11 filing), respectively. 2015 net income year prior to that. Revenue grew by 27% from in the fourth quarter of 2015, compared to attributable to Embraer Shareholders and Earn- €143.2m in 2014 to €182m in 2015. At the end US$1.3m in the third quarter of 2015, and ings per ADS totaled US$69.2m and US$0.3787 of the year, the company had 430 people within $0.5 million in the fourth quarter of 2014. The (US$ 272.0m and US$1.49 per share excluding the Group compared to 348 at the same time fourth quarter 2015 results reflect increased these items), respectively. the previous year, mostly consisting of flight and lease revenue due to improved utilization and cabin crew members. The number of aircraft higher gains from sales of aircraft. Net income

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PASSENGER STATISTICS - February

• Delta Air Lines reported that compared to February 2015. • International Airlines Group creased by 19%. The load factor system traffic for February 2016 Traffic, increased 7.7% year over (IAG) traffic increased by 15.8% for February was up 0.8 points, increased 5.3% compared to the year, and capacity grew 9.2% versus February 2015, while to 85.6% compared to February previous year, while system ca- over the same period. Group capacity rose by 14.0% 2015. pacity was up 6%. System load year over year. The load factor factor for the month was slightly for February 2016 was up 1.2 down by 0.6 points to 79.9% • easyJet reported that February points to 77.4%. • Ryanair’s February traffic grew traffic was up 9.8% compared to 28% compared to the previous the same month in 2015, while year and the load factor was up • WestJet announces February the load factor was slightly down • In February, Norwegian’s total 4 points to 93% year over year. 2016 traffic results with a load by 0.4 points to 90.5%. passenger traffic increased by factor of 83.2%, down 1.1 points 20% and the total capacity in-

statistics include flights operated by Alaska, Ho- M ilitary and Defence OTHER NEWS rizon, and those under third-party capacity pur- chase agreements. Second Boeing, U.S. Air Force KC-46A Southwest Airlines’ flight instructors have tanker completes first flight approved the tentative agreement that was Finnish airline Go! Aviation, headquartered in reached with union negotiators in late January. The Boeing test team successfully completed Espoo, Finland, has received its SE-IMC air op- Transport Workers Union (TWU) Local 557 re- the first flight of the program’s second KC-46A erator’s certificate (AOC) and operating license ports that 68% of those who cast ballots voted tanker aircraft on March 3rd, taking off from (OL) from the Finnish aviation authority TRAFI. in favor of the four-year contract. The contract Paine Field and landing later at Boeing Field Go! Aviation Ltd operates single-engine Pilatus contains across-the-board pay raises, bonus op- in Seattle. During the flight, Boeing test pilots PC-12 NG planes, and is the only carbon-neutral portunities, and mutually-beneficial work-rule performed operational checks on engines, airline in Europe. Go! Aviation is the first Euro- changes that meet the needs of the instructors flight controls and environmental systems. pean airline to introduce commercial passenger and the Company. The newly ratified contract The Boeing team now will conduct a post- transport using single engine aircraft. Their Go becomes amendable December 31st, 2019. flight inspection and calibrate instrumentation Fly! concept, membership-based with a fixed prior to the next series of flights. As part of the monthly fee, serves the growing need for quick, overall flight test program, the KC-46 will dem- Alaska Air Group has reported February op- extremely cost-efficient business travel on spe- onstrate it can refuel 18 different aircraft. The erational results on a consolidated basis, for cific routes. Tailored accordingly, the routes uti- second tanker will help share the test load and its mainline operations operated by subsidiary lise the closest possible airfields to reduce hassle receiver certification. Boeing was awarded a Alaska Airlines and for its regional flying oper- and stress while saving time. The first route, con- contract in 2011 to design and develop the ated by subsidiary Horizon Air Industries and necting Kuopio, Helsinki and Tallinn (Estonia), U.S. Air Force’s next-generation tanker aircraft third-party regional carriers, SkyWest Airlines opens this spring with more to come. and is building four test aircraft – two are cur- and PenAir. On a combined basis, Air Group re- rently configured as 767-2Cs and two as KC- ported a 13.8% increase in traffic on an 18.0% 46A tankers. Boeing engineers and designers have developed increase in capacity compared to February 2015. a self-cleaning lavatory prototype that uses ul- Load factor decreased 3.0 points to 80.4%. These traviolet (UV) light to kill 99.99 percent of germs.

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OTHER NEWS Recommended Events The cleaning system can disinfect all surfaces after every use in just three seconds. Boeing be- lieves this self-cleaning technology, combined with touchless features, will enhance the passen- ger experience on commercial flights. Click here to download b-roll of the lavatory. The lavatory Operating Lease Masterclass 2016 uses Far UV light that would be activated only March 14, 2016 – March 16, 2016 when the lavatory is unoccupied. Far UV is differ- The California Club, Los Angeles. ent from the UVA or UVB light in tanning beds, EASA & Continuing Airworthiness Seminar 2016 and is not harmful to people. Boeing engineers 18th April 2016 have shown through testing on their prototype Radisson Blu Hotel, Dublin that this innovation can minimize the growth and potential transmission of micro-organisms. Aircraft Records & Asset Management Seminar 2016 Boeing has filed for a patent on this concept. 19th April 2016 Radisson Blu Hotel, Dublin

Technical Aspects of a Leased Asset 2016 6th June 2016 NH Carlton Hotel, Amsterdam

INDUSTRY PEOPLE Maintnenance Reserves Training Seminar 2016 7th June 2016 NH Carlton Hotel, Amsterdam • WESSCO Interna- tional has reported Click here for more aviation events two key appoint- ments. Nick Bregman has been promoted as time at ATR, among other positions he had Chief Operating Officer been Chief Financial Officer (2007-2010) (COO) and Nabil Kazi and CEO’s Sales Finance Special Advisor has been appointed as (2010-2014). Before that, Giovanni had Nick Bregman Chief Marketing Officer been responsible for ATR’s Department of (CMO). In his new role Sales Financing. Since 2012, he had been AviTrader Publications Corp. as COO, Nick Bregman CEO’s Sales Finance Advisor at Superjet In- Suite 305, South Tower will continue forming ternational in Venice. strategic alliances and 5811 Cooney Road leveraging his lifelong Richmond, BC relationships with • AJW Aviation has recruited an experi- Canada V6X 3M1 trendsetters in the en- enced international finance expert,Thomas van de Wiel, in the role of Chief Financial Of- tertainment, skincare Publisher Nabil Kazi and fashion worlds to ficer to lead the finance and legal functions enhance the passenger experience at every within the Company and support certain af- Peter Jorssen level. Nabil Kazi joins WESSCO after more filiates and subsidiaries of the AJW Group. Tel: +1 604 318 5207 than 20 years in the entertainment industry, As a Board Director, he will be responsible for the formulation of the financial and having served both The Walt Disney Com- Editor pany and 20th Century Fox as a marketing operational strategy for the business, con- Heike Tamm strategy and partnership senior executive. trolling finance, taxation, corporate govern- His vast experience in marketing strategy, ance, forecasting and deal analysis. [email protected] brand partnerships and digital media will Tel: +34 (0) 971 612 130 help navigate WESSCO into the future. • Wizz Air has appointed Sonia Jerez Bur- deus as the Group’s Chief Financial Officer Advertising Inquiries and • The ATR Assembly of and member of the company’s leadership Customer Support Members has appoint- team. Her appointment will take effect Jenny Falk June 1, 2016. A graduate in Physics and En- ed Giovanni Trampa- [email protected] rulo as ATR’s new Chief gineering from the University of Barcelona Financial Officer. On and the University of Chicago with a Mas- Tel: + 49 (0) 8761 346 007 the scope of his new ter of Business Administration, Ms. Jerez position, he will be in joins Wizz Air from Vueling Airlines S.A., a For inquiries and comments, charge of Controlling, member of the International Consolidated please email: Giovanni Tramparulo Accounting & Treasury, Airlines Group S.A., where she has been the Sales Financing, Credit & Risk Management Chief Financial Officer and a Vueling board [email protected] and Internal Control. During his previous member since 2011. Page 1 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE Commercial Jet Aircraft Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone A319-100 ORIX Aviation V2522-A5 2501 2005 Q3/2017 Lease James Sammon [email protected] +353 871381042 A320-200 ORIX Aviation V2527-A5 2680 2006 Q4/2017 Lease Oisin Riordan [email protected] +353 863 350 004 A320-200 ORIX Aviation V2522-A5 1183 2000 Q2/2017 Sale / Lease Oisin Riordan [email protected] +353 863 350 004 A320-200 ORIX Aviation V2527-A5 4603 2011 Q2/2017 Lease James Sammon [email protected] +353 871 381 042 A320-233 FPG Amentum V2527-A5 3543 2008 Jun 2016 Sale / Lease Jack Hynes [email protected] +353 16398125 A320-233 FPG Amentum V2527-A5 3524 2008 May 2016 Sale / Lease Jack Hynes [email protected] +353 16398125 A330-223 FPG Amentum PW4168A 943 2008 Mar 2016 Sale / Lease Jack Hynesy [email protected]@ pg +353 16398125 A330-223 FPG Amentum PW4168A 962 2008 Mar 2016 Sale / Lease Jack Hynes [email protected] +353 16398125 A330-223 FPG Amentum PW4168A 979 2009 Oct 2016 Sale / Lease Jack Hynes [email protected] +353 16398125 A340-313 AerFin CFM56-5C4 142 1997 Now Sale Richard Rosser [email protected] +44 (0) 2921 676296 A340-313 AerFin CFM56-5C4 147 1997 Now Sale Richard Rosser [email protected] +44 (0) 2921 676296 B737-300 European Capital Corp. CFM56-3B2 24634 1990 Now ACMI/Wet Lease Iacovos Yiakoumi [email protected] +35722873250 B737-300 World Star Aviation Services CFM56-3C1 28873 Apr 2016 Lease Tommy Guttman [email protected] +972-544-220000 B737-300F ORIX Aviation CFM56-3B2 24710 1990 Now Sale Cian Coakley [email protected] +353 877760451 B737-400 World Star Aviation Services CFM56-3C1 24332 Q4/2016 Lease Tommy Guttman [email protected] +972-544-220000 B737-400 Aersale CFM56-3C1 25417 Now Sale / Lease Craiggg Wright [email protected]@ +1 305 764 3238 B737-400 Safair Operations Combi East Africa Now ACMI only C. Schoonderwoerd [email protected] +27 11 928 0000 B737-800 ORIX Aviation CFM56-7B26/3 29660 2007 Q4/2017 Lease Daniel Cunningham [email protected] +353 871774524 B747-400 GA Telesis CF6-80C2B1F 28960 1998 Now Sale Stefanie Jung [email protected] +1 954-958-1321 B757-200 Castlelake RB211-535E4 23566 1986 Mar 2016 Sale Joe Giarritano [email protected] +1 612 851 3032 B757-200 Castlelake RB211-535E4 23567 1986 Now Sale Joe Giarritano [email protected] +1 612 851 3032 B757-200 Castlelake RB211-535E4 23568 1986 Apr 2016 Sale Joe Giarritano [email protected] +1 612 851 3032 B757-200 mba aircraft solutions RB211-535E4B 24580 1990 Now Sale / Lease Jacob Agnew [email protected] +1 703 276 3202 B757-222 Bristol Associates PW2037 25157 1991 Q1/2016 Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 B757-222 Bristol Associates PW2037 25322 1991 Q1/2016 Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 B757-222 Bristol Associates PW2037 25396 1992 Q1/2016 Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 B757-222 Bristol Associates PW2037 25398 1992 Q1/2016 Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 B757-222 Bristol Associates PW2037 25698 1991 Q1/2016 Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 B767-200ER mba aircraft solutions JT9D-7R4E 23180 1984 Now Sale / Lease Jacob Agnew [email protected] +1 703 276 3202 B767-27GER Aersale CF6-80C2B4F 27048 Now Sale / Lease Craig Wright [email protected] +1 305 764 3238 DC8 Aersale No engines 46094 1969 Now Sale Craig Wright [email protected] +1 305 764 3238 L100-30 Safair Operations East Africa Now ACMI only C. Schoonderwoerd [email protected] +27 11 928 0000 Regional Jet / Turboprop Aircraft Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone ATR42-300 Regional One PW120 51 1987 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 ATR42-300 Regional One PW120 57 1987 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 ATR72-202 Regional One PW124B 307 1992 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 ATR72-500 Bristol Associates PW127M 950 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ATR72-500 Bristol Associates PW127M 951 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ATR72-500 Bristol Associates PW127M 952 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ATR72-500 Bristol Associates PW127M 980 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ATR72-500 Bristol Associates PW127M 983 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 CRJ200 Regional One CF34-3B1 7356 1990 Now Sale / Lease Chris Furlan cfurlan@regionalone. com +1(305) 759-0670 Ext. 164 CRJ200 Regional One CF34-3B1 7392 2000 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 CRJ700 Regional One CF34-8C5B1 10217 2005 Apr 2016 Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 DASH8-102 Magellan Aviation Group PW121 113 1988 Now Sale / Lease Bill Polyi [email protected] +1 (704) 504 9204 x202 DASH8-311 Regional One PW121 230 1990 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 DASH8-311 Magellan Aviation Group PW123 266 1991 Now Sale / Lease Bill Polyi [email protected] +1 (704) 504 9204 x202 Dornier 328- Regional One PW306B 3145 2000 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 300 Dornier 328- Regional One PW306B 3185 2001 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164 300 E170 Magellan Aviation Group CF34-8E5 59 2003 Now Sale / Lease Bill Polyi [email protected] +1 (704) 504 9204 x202

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March 7, 2016 Page 2 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE

Regional Jet / Turboprop Aircraft (cont.) Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone ERJ-135ER Bristol Associates 145176 1999 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-135ER Bristol Associates 145186 1999 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-135ER Bristol Associates 145192 1999 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-135LR Bristol Associates AE3007-A1 145410 2001 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-135LR Bristol Associates AE3007-A1 145413 2001 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-135LR Bristol Associates AE3007-A1 145504 2001 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ145EP Regional One AE3007A1/1 145053 1998 Now Sale / Lease Chris Furlan cfurlan@regionalone. com +1(305) 759-0670 Ext. 164 ERJ-145LR Bristol Associates AE3007-A1/3 145208 1999 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-145LR Bristol Associates AE3007-A1/3 145239 2000 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 ERJ-145LR Bristol Associates AE3007-A1/3 145302 2000 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 Commerical Engines Multiple Types Sale / Lease Company Contact Email Phone Multiple Engines GE / CFM / RB211 Now - Sale / Lease GECAS Engine Leasing Sherry Riley [email protected] +1(513)782-4272 AE3007 Engines Sale / Lease Company Contact Email Phone (1) AE3007A1 Now - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 ((1)1) AE3007 Now - Sale GA Telesis Stefanie JunJungg ssjung@[email protected] +11 954-958-1321954 958 1321 CF34 Engines Sale / Lease Company Contact Email Phone CF34-8E5 Now - Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +49-6731-497-368 CF34-10E Now - Lease CF34-8C Now - Lease CF34-3B1 Now - Lease CF34-3A Now - Sale / Lease (2) CF34-8C5B1 Now - Sale / Lease Regional One Chris Furlan [email protected] +1(305) 759-0670 Ext.164 (1) CF34-3B1 Now - Sale / Lease (1) CF34-10E5A1 Q2/2016 Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) CF34-8C5/B1 Now - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 CF34-8E(s) Now - Sale / Lease GECAS Engine Leasing Sherry Riley [email protected] +1 (513) 782-4272 (1) CF34-8C5 Now - Lease Engine Lease Finance Joe Hussar [email protected] +1 617 828-3569 (1) CF34-10E6 Now - Lease Willis Lease David Desaulniers [email protected] +1 415 516 4837 CF6 Engines Sale / Lease Company Contact Email Phone (1) CF6-80C2B1F Now - Sale / Lease AerSale. Inc. Alan Kehoe [email protected] +353 879 393 534 (1) CF6-80C2B6F Now - Sale / Lease Matthew White [email protected] +353 1475 3005 (1) CF6-80C2B7F Now - Sale / Lease Matthew White [email protected] +353 1475 3005 (1) CF6-80C2B6F Now - Sale/Lease/Exch. TES Aviation Group Bechan Carpenter [email protected] + 44 7795 636 034 (1) CF6 CF6-80C2B1F-80C2B1F Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress. com +1 305 305-520-2349-520-2349 (1) CF6-80C2B7F Now - Sale / Lease (1) CF6-80C2B6F Now - Sale / Lease (1) CF6-80C2B1F Now - Sale / Exchange AeroTurbine Elizabeth Peters [email protected] +1 (214) 263-1173 (1) CF6-80C2B6F Now - Sale / Exchange or (2) CF6-80C2B6F Now - Lease Andrew McCain [email protected] +1 (786) 879-0830 (1) CF6-80C2B7F Now - Sale 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 (2) CFM56-5C4 Now - Sale/Lease/Exch. TrueAero, LLC Ed Blyskal [email protected] +1 305-525-7308 (1) CFM56-5C4/P Now - Sale/Lease/Exch. (1) CFM56-3C1 Now - Sale European Capital Corporation Iacovos Yiakoumi [email protected] +35722873250 (1) CFM56-3B2 (1) CFM56-7B27 Now - Lease Engine Lease Finance Joe Hussar [email protected] +1 617 828-3569 (1) CFM56-5B1/P Now - Lease (1) CFM56-5C4 Jun 16 - Sale / Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360

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March 7, 2016 Page 3 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE

Commerical Engines (cont.) CFM56 Engines Sale / Lease Company Contact Email Phone (1) CFM56-5A1 Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) CFM56-5B Now - Sale / Lease Eddo Weijer [email protected] +1-954-676-3111 (1) CFM56-7B27/3B1F Now - Sale/Lease/Exch. AerSale. Inc. Alan Kehoe [email protected] +353 879 393 534 (1) CFM56-5A1 Now - Sale/Lease/Exch. (1) CFM56-5C3/F Now - Sale / Lease (1) CFM56-3C1 Now - Sale / Lease (2) CFM56-5A Now - Sale GECAS Engine Leasing Sherry Riley [email protected] +1(513)782-4272 (1) CFM56-5C4 CFM56-5C4 Now - Sale / Lease Magellan Aviation Group Bill Polyi [email protected]@magellangroup.net ++11 (704) 504 9204 x202 (1) CFM56-5C4 Now - Sale Orix Aviation James Sammon [email protected] +353 871381042 (1) CFM56-3C1 Now - Sale/Lease/Exch. TES Aviation Group Bechan Carpenter [email protected] + 44 7795 636 034 (2) CFM56-5C4 Now - Sale / Lease AerFin Richard Rosser [email protected] +44 (0) 2921 676296 (1) CFM56-7B22 Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (1) CFM56-5B Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham [email protected] +1-703-402-7430 (1) CFM56-7B Now - Sale/Lease/Exch. (2) 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)2) CFM56CFM56-7B24/3 7B24/3 Now - Lease (3) CFM56-3C1 Now - Sale / Exchange AeroTurbine Elizabeth Peters [email protected] +1 (214) 263-1173 (2) CFM56-5A1F Now - Lease or (2) CFM56-3C1 Now - Lease Andrew McCain [email protected] +1 (786) 879-0830 (1) CFM56-3B1 Now - Lease (2) CFM56-3B2 Now - Sale / Exchange (1) CFM56-7B22 Now - Sale / Exchange (1) CFM56-7B Now - Lease GEnx Engines Sale / Lease Company Contact Email Phone GEnx-1B74/75 Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 JT8D and JT9D Enginesg Sale / Lease Companyy Contact Email Phone (1) JT8D-200 Now - Sale GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) JT8D-9A Now - Sale Rising Sun Aviation Fred Van Acker [email protected] +1 214-906-5635 (1) JT8D-17 Now - Sale (1) JT9D-7R4D Now - Sale Aero Controls, Inc. Mike Olesik [email protected] +1-253-269-3012 (2) JT9D-7R4D Now - Sale / Lease Hartford Aviation Group Anique Gorman [email protected] +1 914-235-2014 PW Small Engines Sale / Lease Company Contact Email Phone (1) PW121 (Dash 8) Now - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 (1) PW123B/D/E Now - Sale / Lease (1) PW124B Now - Sale / Lease (1) PW121 (ATR) Now - Sale / Lease (1) PW127E/F/M Now - Sale / Lease (1) PW150A Now - Sale / Lease (2) PW121 (ATR) Now - Sale/Lease/Exch. Willis Lease David Desaulniers [email protected] +1 415 516 4837 (2) PW121-8 Now - Sale/Lease/Exch. (1) PW123 Now - Sale/Lease/Exch. (1) PW127 Now - Sale/Lease/Exch. (1) PW127M Now - Sale/Lease/Exch. (2) PW127F Now - Sale/Lease/Exch. (2) PW124B Now - Sale/Lease/Exch. (1) PW120A Now - Sale / Lease Regional One Chris Furlan [email protected] +1(305) 759-0670 Ext.164 ()(1) PW120 Now - S/Sale/Lease/Exch. / Miguel Bolivar [email protected]@O +1 (786)-623-3936() (4) PW126 Now - Sale/Lease/Exch. Miguel Bolivar [email protected] +1 (786)-623-3936 (1) PW121 Now - Sale/Lease/Exch. Miguel Bolivar [email protected] +1 (786)-623-3936 (1) PW121 Now - Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360 (3) PW123 Now - Sale / Lease Castlelake Neil McCrossan [email protected] +44 (0) 207 190 6119 PW127F Now - Sale/Lease/Exch. Logix.Aero JC Morin [email protected] +33 647 824 262 PW127M Now - Sale/Lease/Exch. PW119B RGB Now - Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +49-6731-497-368 PW119B Now - Lease PW120A Now - Lease PW121 (ATR) NowNow - LeaseLease PW123B Now - Lease PW124B Now - Lease PW125B Now - Lease PW127F Now - Lease PW127M Now - Lease PW150A Now - Lease PW150 GRB Now - Lease PW2000 Engines Sale / Lease Company Contact Email Phone (2) PW2037 Now - Sale / Lease Castlelake Neil McCrossan [email protected] +44 (0) 207 190 6119 (1) PW2037 NowNSl/L - Sale / Lease FortressFt Investment I t tG Group TomTMFld McFarland [email protected] i ti @f t +1 305-520-2349 305 520 2349 (3) PW2037 Now - Sale / Exchange AeroTurbine Elizabeth Peters [email protected] +1 (214) 263-1173

March 7, 2016 Page 4 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE

Commerical Engines (cont.) PW4000 Engines Sale / Lease Company Contact Email Phone (4) PW4056-1 Now - Sale/Lease/Exch. GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (1) PW4056-3 Now - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 (2) PW4056-3 Now - Sale / Exchange AeroTurbine Elizabeth Peters [email protected] +1 (214) 263-1173 (1) PW4062 Now - 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) PW4062-3 Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (1) PW4168A Now - Lease ()(3) PW4056/60/62 / / Now - SaleS/ / Lease HartfordfG Aviation Group Anique GGorman [email protected]@f +1 914-235-2014 (1) PW4060-3 Now - Sale / Lease AerSale. Inc. Matthew White [email protected] +353 1475 3005 (1) PW4158-3 Now - Sale / Lease Matthew White [email protected] +353 1475 3005 (1) PW4062-3 Now - Sale / Lease Matthew White [email protected] +353 1475 3005 (1) PW4056-3 Now - Sale / Lease Alan Kehoe [email protected] +353 879 393 534 (1) PW4168 Now - Lease TES Aviation Group Bechan Carpenter [email protected] + 44 7795 636 034 (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) RB211-535E4B Now - Sale mba aircraft solutions Jacob Agnew [email protected] +1 703 276 3202 (2) RB211-535E4 RB211-535E4 Now - Sale / Lease Castlelake Neil McCrossan [email protected]@CASTLELAKE.COM ++4444 (0) 207 190 6119 (1) RB211-535E4 Now - Sale / Lease AerSale. Inc. Matthew White [email protected] +353 1475 3005 (1) RB211-524 Now - Sale / Lease (2) RB211-535E4 Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (1) RB211-535E4 /12B Now - Sale/Lease/Exch. TES Aviation Group Bechan Carpenter [email protected] + 44 7795 636 034 (1) RB211-535E4 Now - Sale World Star Aviation Services Sean O Connor [email protected] +1 415-956-9456 Tay Engines Sale / Lease Company Contact Email Phone Tay650-15 Now - Sale / Lease Jetran, LLC. Leo Nadeau [email protected] +1 (512) 294-6727 Trent Engines Sale / Lease Company Contact Email Phone (1) Trent 800 Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (2) Trent892B-17 Sep/Oct 16 - Sale / Lease Castlelake Neil McCrossan [email protected] +44 (0) 207 190 6119 (1) Trent 800 Now - Sale / Lease AerSale. Inc. Matthew White [email protected] +353 1475 3005 V2500 Engines Sale / Lease Company Contact Email Phone (1) V2527-A5 Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (1) V2533-A5 Now - Lease (1) V2527-A5 Now - Sale/Lease/Exch. AeroTurbine Elizabeth Peters [email protected] +1 (214) 263-1173 (2) V2533-A5 Now - Sale/Lease/Exch. or Andrew McCain [email protected] +1 (786) 879-0830 1) V2533-A5 w/QEC Now - Sale/Lease/Exch. Rolls-Royce & Partners Finance Bobby Janagan [email protected] +44 20 7227 9078 (1) V2527-A5 w/QEC Now - Sale/Lease/Exch. (1) V2527 - A5 NowNow - SaleSale / LeaseLease FortressFortress I Investmentnvestment G Grouproup TomTom M McFarlandcFarland Aviation@[email protected] com +1 305 - 520- 2349 (1) V2500-A1 Now - Sale / Lease Rising Sun Aviation Fred Van Acker [email protected] +1 214-906-5635 (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 (5) A340 fresh part outs Now - Sale TrueAero, LLC Raul Miro/Dave Walters [email protected] +1 772-925-8026 A320 Landing Gear with Fresh Tags Now - Sale A340 Landingg Gear Now - Sale CTCP331-350C (4) PN 3800454-6 Now - Sale GTCP36-300A, PN 3800278-4 Now - Sale (1) GTCP36-150RJ, (2) GTCP36-100M, Now - Sale/Lease/Exch. Regional One Miguel Bolivar [email protected] +1 (786)-623-3936 (1) APS500C7B, (5) APS500C7D, (1) RE220RJ, (2) TPE331-11U-612G GTCP131-9A (2), GTCP131-9B(2) Now - Lease REVIMA APU Olivier Hy [email protected] +33(0)235563515 GTCP331-200, GTCP331-250 Now - Lease APS500C14(3), APS1000C12(2), APS2000 Now - Lease APS2300, APS3200(2), APS5000(2) Now - Lease PW901A(4), PW901C(2) NSl/LNow - Sale / Lease TSCP700-4E Now - Sale APU GTCP 331-500B Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 APU131-9B, APU 331-500B Now - Sale/Lease/Exch. Logix.Aero JC Morin [email protected] +33 647 824 262 GTCP131-9A, GTCP 131-9B Now - Sale / Lease Werner Aero Services Christopher Farrell [email protected] +1 201-661-6819 GTCP36-300A Now - Sale / Lease 737-800 NOSE LANDING GEAR PN 162A1100-5, OH - Now Sale Reliance Aircraft Terry Hix [email protected] +1 512-439-6988 PW901A, PW901C Now - Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +49-6731-497-368 (1) CF34-8C - LPT Module Now - Sale GTCP131GTCP131-9B-9B,, PW901 PW901,, (2) GTCP36-300 GTCP36-300,, Now - Sale/Lease/Exch.Sale/Lease/Exch. Aeroturbine Rodney Lee [email protected]@aeroturbine.com ++11 972-813-1176 972-813-1176 GTCP131-9A, (2) RE220RJ, GTCP331-350C, APS3200

March 7, 2016