World Routes 2015

ISSN 1718-7966 September 28, 2015/ VOL. 509

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WORLD NEWS Boeing hosts China Boeing welcomed Chinese president Xi Jinping to its widebody commercial airplane factory and announced several agreements that will broaden and deepen mutually beneficial coop- eration between Boeing and China. The agreements include orders and commitments for 300 Boeing nar- rowbody and widebody aircraft and expanded collaboration between Boeing and China’s commercial aviation industry. Together, Boeing and China committed to further advance development of China’s commercial aviation industry and meet strategic African governments business objectives for Boeing in the urged to world’s largest airplane market going end State protection of forward. President Xi, accompanied flag carriers. by Boeing executives, viewed final Photo: assembly lines for the 787 Dream- Embraer liner, 777 and 747-8, as well as aircraft components made by Chinese aviation suppliers. The president also World Routes 2015 spoke with Boeing employees and Africa urged to address barriers to growth the 787 chief pilot about their work on airplanes built for Chinese carriers. Durban, South Africa at the just infrastructure is an old tune on the Lack of connectivity among African ended Word Routes conference, continent, but some countries are countries has long been identified Lufthansa means business the African aviation industry threw taking steps to reverse this. The as the industry’s shortcoming in Lufthansa has now successfully com- a challenge at African governments, Zimbabwean government, for in- the continent. It is in this respect pleted the most extensive cabin re- urging them to play their role as the stance, has identified aviation as a that African governments draw newal programme in the company’s industry takes steps to turn its for- key contributor to economic devel- sharp criticism. A 2010 World Bank history. As of now, only aircraft with tunes around. study on open new cabin interiors are in sched- Despite the skies said African uled service. Thus, all 106 Lufthansa much-heralded “The aviation industry and government countries were long-haul aircraft in the Business and potential of Afri- reluctant to lib- Economy Class are equipped with the must work together. We do not want to can aviation and eralise because latest cabins and the newest seats. In expected strong (continue) talking to each other. We should they wanted to 76 aircraft passengers can indulge in demand growth, protect the mar- the new First Class cabins. Since 2011, take the message to the policy makers.” Lufthansa has invested an average of carriers in the ket share of their around one million Euros per day in continent still Adefunke Adeyemi, Regional head of IATA respective state- the refurbishing of the cabins. The to- have a tiny share owned carriers. tal investment amounts to around 1, of the global passenger market. opment and sees it as a catalyst for Regional head of IATA Adefunke 5 billion Euros. In a unique refurbish- turning the economy of that coun- ing programme on all long-haul air- The role of governments in the de- try around. Hence the renovation Adeyemi said by failing to improve craft, Lufthansa Technik exchanged, velopment of the African aviation of the Victoria Falls Airport. Similar connectivity among themselves, modified or installed around 39,000 industry often comes under scru- steps are being taken in neighbour- African countries were missing out seats in an unparalleled refurbishing tiny, with criticism that it is, at best, ing Zambia. on key economic benefits. “The programme on the long-haul aircraft. indifferent. Ageing and inadequate Continued on page 3

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aviation industry and government must work together. We do not want to (continue) talking to each other. We should take the message to the policy makers,” Adeyemi said.

Far from burying their heads in the sand, leaders in African aviation are frank about the challenges facing the industry and spend time looking for solutions. One view is the continent’s lack of will power to fully im- plement the Yamoussoukro Declaration –aimed at liberalising Africa’s skies. Air Zimbabwe CEO Edmund Makona says there is lack of convic- tion regarding the benefits of the Declaration.

Investment in infrastructure in other parts of Africa is an opportunity for the Airports Company South Africa (ACSA) for instance, offering key learnings to peers, drawing from its experience in the execution of multi-billion rand infrastructure projects. According to ACSA Chief Op- erating Officer Tebogo Mekgoe, what has worked in ACSA’s favour is a progressive economic regulation of the industry which enables the ring- fencing of costs and reinvestment of funds back in capacity-building coupled with the country having a high GDP per capita when compared to other African countries. Mekgoe - ACSA is spreading its expertise across Africa. Photo: ACSA

AIRCRAFT & ENGINE NEWS China Eastern Airlines receives 50th A330

FLY Leasing sells older aircraft and continues fleet renewal strategy FLY Leasing has contracted to sell 12 older aircraft from its portfolio for US$240m. The sale is anticipated to produce a US$12m pre-tax gain. In connection with the transaction, FLY anticipates recording US$3m in non-cash charges relating to debt modification and extinguishment costs. The aircraft will transfer individually to the new own- er, with all transfers expected to be completed by year end. The gain and the associated expenses will be recognized on a pro rata basis at the time of each transfer. The sale is subject to customary closing conditions. “FLY is moving decisively to Airbus’ best-selling A330 widebody supports China Eastern’s growth Photo: Airbus monetize older aircraft and to reinvest the capital into younger aircraft to drive higher ROE,” said China Eastern Airlines has taken delivery of its 50th A330 aircraft at a ceremony celebrated Colm Barrington, CEO of FLY. “In total, this year on Friday 18th in Toulouse, France. Powered by Rolls-Royce Trent 700 engines, the A330-200 we have sold or contracted to sell 57 aircraft with features a comfortable two class cabin layout seating 30 passengers in business class and 203 an average of 13 years. This bold action reflects in economy. China Eastern began operating the A330 in 2006 and today its fleet has grown to our view that this is the right time to rotate out of be one of the world’s largest. China Eastern also operates a fleet of around 230 single aisle mid-life and older aircraft and to invest in younger A320 Family aircraft, taking its Airbus fleet to some 280 planes in total. ChinaE astern is one of models,” added Barrington. “We are improving Mainland China’s three major airlines. every measurable fleet metric to drive higher ROE

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AIRCRAFT & ENGINE NEWS SAS receives new A330-300 version with longer range in the quarters ahead. The 12 aircraft in the transaction announced today have an average age of 13 years and the sales will produce approximately US$80m in cash. This is on top of the US$35m gain and US$425m in cash to be generated by the portfolio sale of 33 aircraft previously announced in June.” Separately, FLY completed a sale of a 22-year-old B747-400 aircraft earlier this month.

Hong Kong Aviation Capital delivers second A320-200 to Volaris Hong Kong Aviation Capital (HKAC) has delivered another new A320-200 to Volaris, a low-cost airline in Mexico, being the second of seven A320 aircraft that it will lease to the airline under a purchase-and-lease-back arrangement. SAS the first European airline to receive the new A330-200 Photo: Airbus

Scandinavian Airlines is the first European airline to receive the new A330-300 242-ton Maxi- PEMCO redelivers 10th B737-300F mum Take-Off Weight M( TOW) variant. The aircraft was delivered to SAS during a ceremony Freighter to SF Airlines held at Airbus in Toulouse, France. SAS has selected Rolls-Royce Trent 700 engines to power its new A330-300. Launched in 2012 as Airbus’ latest evolution to the twin-engine widebody PEMCO World Air Services (PEMCO) has an- A330 Family, the increased take-off weight A330-200 and A330-300 incorporate a new aero- nounced the redelivery of a converted B737-300F dynamic package, engine improvements and an optional center fuel tank (the latter for the (MSN 27522) to S.F. Airlines, the air cargo division A330-300 version). These upgrades allow for an extended range of up to 6,100 nautical miles of Shenzhen-based logistics specialist S.F.E xpress, while offering up to 2 percent less fuel burn. one of the leading couriers in China. PEMCO has now completed a total of 10 737-300/400 freighter conversions for the airline. The original contract, signed in July 2013, was recently revised to Lufthansa Technik installs split scimitar winglets on a Boeing Business Jet add seven conversions. The latest PEMCO freighters to join S.F. Airlines’ growing fleet were converted by PEMCO’s long-time partner, STAECO, in Jinan Shandong, China. PEMCO and STAECO have partnered on more than 50 Boeing 737-300 and 737-400 freighter modification projects since 2006. Today PEMCO, together with its three regional conversion installation partners, provides seamless global product support to operators of their Boeing 737 converted freighters.

Boeing and China sign orders and commitments for 300 aircraft Boeing and China’s President Xi Jinping have signed orders and commitments for 300 Boe- ing narrow-body and wide-body aircraft and expanded collaboration between Boeing and China’s commercial aviation industry. Together, Boeing and China have committed to further advance development of China’s commercial LHT installed split scimitar winglets on a BBJ Photo: Lufthansa Technik aviation industry and to meet strategic business objectives for Boeing in the world’s largest air- Lufthansa Technik AG is the first MRO provider in Europe to install split scimitar winglets on a plane market going forward. Boeing and China Boeing Business Jet (BBJ). With this modification, the aircraft is the third BBJ in the world to be Aviation Supplies Holding Company (CASC) have equipped with these new aerodynamically optimized winglets from Aviation Partners Boeing. signed a General Terms Agreement related to The modification took place over a period of ten days. Among other things, the specialists at the purchase of 300 airplanes. The package has Lufthansa Technik’s VIP & Executive JetM aintenance product division reinforced various areas a value of approximately US$38bn at list prices. on the inside of the aircraft’s structure, particularly in the wing tanks, in order to install the Aircraft orders and commitments include: 240 winglets. They also carried out complex painting tasks. airplanes for Chinese airlines, including 190 737s

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AIRCRAFT & ENGINE NEWS Thales lands first Dual HUD order in China and 50 widebody aircraft, and 60 737s for leasing companies ICBC and CDB Leasing. Boeing and Commercial Aircraft Corporation of China (COMAC) will partner to open a facility in China for the interiors completion, paint and delivery of Boeing 737 aircraft to Chinese customers. The joint venture facility will significantly expand Boeing’s collaboration with China’s aviation industry while also enabling future production rate increases at Boeing’s 737 final assembly factory in Renton, Wash. This China-based facility will not reduce 737 Program employment in Washington State. Boeing, COMAC and Chinese government officials are working toward a final business agreement and will announce the facility’s location and timing of first deliveries at a later date. Boeing, now building a record 42 737s per month, will increase production to 47 airplanes per month in 2017 and 52 airplanes per month in 2018 to meet strong demand for the 737, the world’s most fuel- efficient single-aisle airplane. Boeing and Aviation Industry Corp. of China Thales to configure 30 Airbus A320 aircraft from China Southern Airlines with Dual Head Up Displays Photo: Thales (AVIC) will broaden their long-term collabora- Thales has reported that China Southern Airlines has selected the Dual Head Up Displays tion to support Boeing’s commercial airplane (HUD) configuration across 30 of their new AirbusA320s, alongside the Thales Flight Manage- programs. In a framework agreement, the ment System and LRRARadio altimeter. With this order, Thales scores a double first in China. companies said they intend to further advance This represents the largest contract for HUDs and the first ever for a dual configuration system AVIC’s manufacturing capabilities by adding ma- since the Civil Aviation Authority of China (CAAC) made it mandatory for all Chinese registered jor component and assembly work packages; aircraft to be equipped with HUDs (single HUD configuration is the minimum requirement). strengthening leadership; and developing AVIC’s The dual configuration developed by Thales, and certified by Airbus in early 2015, is a clear broad aviation infrastructure and business prac- step forward compared to a single configuration as it provides information to both pilots. With tices, including supply chain management. eyes focused outside, viewing the presentation of flight path, acceleration, visual glide slope angle and the runway aim point, both pilot and co-pilot can achieve greater precision and situ- ational awareness at all times and are able to interact with one another with the same level of GECAS and Frontier Airlines sign - pur information during the critical phases of the flight, especially in low visibility conditions. chase-and-leaseback deal for nine new Airbus A321 aircraft GE Capital Aviation Services (GECAS) signed a a three-year agreement with ExpressJet, a purchase-and-leaseback agreement with Fron- subsidiary of SkyWest, to manage component tier Airlines for nine new Airbus A321 aircraft. MRO & PRODUCTION NEWS repairs for its fleet of more than 300 region- Delivery of the first new aircraft is scheduled for al aircraft. Airinmar has supported airlines, October 2015 with the remaining new deliveries HAITEC granted approval for elite business MROs, OEMs and military operations for over scheduled in 2015 and 2016. All nine aircraft are jets 25 years through the integration of its propri- powered by CFM56-5B3 engines and are part of Following the Gulfstream G650 Line Mainte- etary systems, engineering expertise and sup- Frontier’s existing orderbook with Airbus. The nance approval received in June 2015, HAITEC ply management solutions. new A321s will replace certain A319s in Frontier’s Aircraft Maintenance has now been granted fleet. EG CAS modified the length of the A319 leas- approval to perform Part-145 Base Mainte- es with Frontier to facilitate its fleet transition. nance on the G650. As an EASA Part-145 or- ganization, HAITEC holds approvals from Civil Héroux-Devtek signs contract to supply com- Aviation Organizations of Russia, United Arab plete landing gear systems for the AW609 Siam Air Transport receives two Boeing Emirates, Azerbaijan, Bermuda and the FAA program 737-800 aircraft on lease from Air Lease for a broad range of Boeing and Airbus air- Héroux-Devtek, an international manufacturer Corporation craft, as well as ACJs, BBJs and Gulfstream of aerospace products, has been awarded a business jets. Air Lease Corporation announced lease agree- long-term contract by Finmeccanica-Agus- ments with Siam Air Transport (Thailand) for two taWestland to supply the landing gear for the used Boeing 737-800 aircraft. These aircraft will AW609 TiltRotor aircraft. Under the terms of deliver in the fourth quarter of 2015. Founded in Airinmar signs 3-year repair management the agreement, Héroux-Devtek will design, 2013, Siam Air Transport is based at Bangkok’s agreement with ExpressJet develop, fabricate, assemble, test and deliver Don Mueang Airport. They currently operate complete landing gear systems for the AW609 two Boeing 737-300s to three destinations in Airinmar, a leading provider of innovative avia- aircraft. This life-cycle mandate also includes Hong Kong and China. tion repair management solutions, has signed the provision of spare parts. The new contract

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MRO & PRODUCTION NEWS Airbus starts assembly of first A350-1000 for Héroux-Devtek follows the introduction by AgustaWestland of several performance and product improvements to enhance the AW609’s capabilities. Design work is expected to begin very shortly and will be mainly carried out at the St-Hubert (Québec) and Runcorn (UK) facilities, marking the first partnership between Héroux-Devtek’s North American operations and AgustaWestland. The Corpo- ration’s European operations had previously designed and developed the landing gear for AgustaWestland’s AW101 aircraft.

StandardAero signs multi-year contract to provide MRO services for Air KBZ’s PW127M engines StandardAero has signed a multi-year contract with Air KBZ, a top regional and the largest private airline in Myanmar, to perform custom- Fuselage assembly begins in Hamburg and Saint-Nazaire for the first A350-1000 Photo: Airbus ized maintenance, repair and overhaul services for PW127M turboprop engines on the Less than one year after delivering the first A350 XWB (-900), the first A350-1000 is tak- airline’s fleet of ATR72-600 regional aircraft. ing shape with the assembly start of the first fuselage major components at Airbus plants The new contract covers services for both hot in Hamburg and Saint-Nazaire. The forward fuselage section has been delivered by Pre- section inspections and overhauls with not to mium Aerotec to Airbus in Hamburg where it will be equipped before being flown to exceed guarantees for all the shop visits. All Saint-Nazaire on board the Beluga. The nose fuselage section has been delivered by Stelia engines will be serviced at StandardAero’s Aerospace to Airbus in Saint-Nazaire for assembly and equipping. The forward and nose Winnipeg, Manitoba, Canada facility and the fuselage sections will then be joined together in Saint-Nazaire to form the front fuselage company already has inducted its first Air KBZ which will then be flown by Beluga to the A350 XWB Final Assembly Line in Toulouse. engine in that facility for repairs. The term of Assembly of the first A350-1000 wings got underway in August this year at Airbus in the contract includes MRO services through Broughton and final assembly of the aircraft will begin in Toulouse early 2016, followed December, 2018. by the first flight second half 2016. First deliveries are scheduled to start mid-2017. Meas- uring nearly 74 meters from nose to tail, the A350-1000 is the longest-fuselage version of Airbus’ all-new family of widebody jetliners. The A350-1000 comfortably seats 366 passengers in a typical 3-class configuration and flies on routes up to 8,000 nautical miles. Liebherr-Aerospace to supply high-lift actuators for Boeing’s 777X Boeing has awarded Liebherr-Aerospace another contract for their 777X: the system will be installed there, whereas the mini rigs and improve the turnaround time for PW2000 supplier will deliver all high-lift actuators for will be delivered to Boeing’s site in Everett, shop visits. The value of the contract amounts the new wide-body aircraft. Relying on its un- Washington (USA). Liebherr-Aerospace will to a three-digit million US dollar amount. The rivalled experience in high-lift systems and perform all its design, development, testing partnership between MTU Maintenance and especially in geared rotary actuators for long- and manufacturing activities in Lindenberg, AAR dates back to 1996 when MTU first con- range commercial aircraft, Liebherr-Aerospace which is home to Liebherr-Aerospace Linden- tracted AAR for the supply of used materials. will not only design, manufacture and service berg GmbH, Liebherr’s worldwide center of the leading edge actuators, but the company excellence for flight control systems and land- will also produce the trailing edge actuators. ing gear. CTT Systems awarded humidifier contract for The design and development of the Boeing new crew rest compartment on A380 777X trailing edge geared rotary actuators, which are among the largest one’s ever de- CTT SYSTEMS, a market leader of humidity MTU Maintenance and AAR extend coopera- signed and built for commercial aviation, will control products in aircraft, signed a contract tion for PW2000 parts supply reside with Boeing. Liebherr-Aerospace on its to develop a humidifier for a new crew rest part will support the design and development MTU Maintenance and AAR have signed a con- compartment on the A380 aircraft, to be in- both from its Seattle office and its Lindenberg tract that secures for MTU the supply of used troduced to customers in 2016. The humidifier facilities. In addition, Boeing has selected material for PW2000 engines over the next will be offered in the A380 catalogue as Suppli- Liebherr-Aerospace to provide the 777X iron five years. Within the framework of a consign- er-Furnished-Equipment (“SFE”). CTT Systems wing test rigs and the mini rigs for secondary ment and inventory management agreement, already provides crew rest humidifiers for the flight controls. These test rigs will be built at AAR will store all PW2000 used parts at MTU’s A380 program (as tier-2). CTT humidifiers have Liebherr-Aerospace’s test center for flight con- facility in Hannover, Germany, which will sig- been in service in the A380 aircraft since 2007. trols in Lindenberg (Germany). The iron wings nificantly streamline the logistical processes

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FINANCIAL NEWS FL Technics to launch subsidiary in Thailand

Nordic Aviation Capital reports 42% increase in operating profit Nordic Aviation Capital A/S delivers a 42% increase in operating profit, up from US$169m to US$239m, a result considered to be satisfactory. In the fiscal year ending June 30th, 2015 NAC’s revenue increased from US$311m the year before to US$392m, up 26%. Net profit after tax rose 37% to US$111m. The achieved improvements reflect the company’s solid market position in a year where NAC has invested in 17 factory-new ATR72‐600s and ATR42‐600s, all placed on lease to clients. In addition, wthey have con- cluded 74 transactions involving pre‐owned aircraft including a single transaction involving 31 Bombardier Q400s – which is the largest single transaction recorded in the history of NAC. Total FL Technics to open a subsidiary in Bangkok, Thailand Photo: FL Technics assets increased by 45% to US$3,173m. FL Technics continues to expand its presence in the emerging markets. The company is already set to open a subsidiary with its main office in the capital city of Thailand. Backed by official approval from the Board of Investment of the Kingdom of Thailand, the Bangkok office shall AAR reports first quarter fiscal year 2016 act as the center of operations for coordinating all company’s activities in Vietnam, Pthe hilip- results pines, Myanmar, Cambodia, Malaysia, Indonesia and other countries in the region. Under the official approval document, received from the Board of Investment, FL Technics has gained the AAR reported first quarter fiscal year 2016 sales right to establish an enterprise in the Kingdom of Thailand under exceptionally favorable con- of US$377.8m and income from continuing op- ditions. It will enjoy such privileges as the ability to employ non-Thai professionals, maintain erations of US$8.2m. For the first quarter of the property rights and benefit from certain tax advantages. During the following three years, the prior fiscal year, the Company reported sales Bangkok office should expand to accommodate a team of several dozen employees, including of US$395.1m and income from continuing op- local professionals. Through its Bangkok centre, FL Technics will promote and sell technical erations of U$11.8m. During the quarter, the training, engineering and consulting as well as engine management and support services for Company recorded a pre-tax gain of US$27.7m aviation players in the Asia Pacific. within discontinued operations from the receipt of additional proceeds from the sale of the Telair Cargo Group. Including this impact, the Compa- ny reported total net income of US$22.9m in the Gross profit rose by 13% to £12.1m while un- Non-JetCard cash has fallen by £4.7m to £1.4m. first quarter. In the prior year period, the Compa- derlying operating profit and underlying profit The two main factors behind this relate to work- ny reported total net income of US$14.4m. First before tax increased twofold to £2.2m. Report- ing capital movements as a result of increased quarter sales to commercial customers repre- ed pre-tax profit rose by 70% to £1.9m after a charter demand from some of its largest credit sented 61% of consolidated sales, compared to charge £0.3m relating to acquisitions. The un- customers, as well as acquisition investments 60% of consolidated sales in the first quarter of derlying performance resulted from improved and associated costs in the period. In May 2015, last year. The balance of the sales was to govern- trading in the Commercial Jets division which Air Partner announced the acquisition of Cabot ment customers including defense. increased its operating profit by 51% to £1.7m Aviation, a leading global Aircraft Remarket- (2014: £1.1m), along with progress in both Pri- ing broker for a total net consideration of up to vate Jet and Freight divisions, which delivered £1.1m and, after the period end, it announced Air Partner delivers strong first half trad- operating profit of £0.9m and £0.4m respec- the acquisition of Baines Simmons Limited, a ing performance tively. The Group’s underlying basic earnings world-leading Aviation Safety consultant, for a per share has increased by 26% to 17.1p, lower total net cash consideration of up to £6.0m. At Air Partner has reported an encouraging per- than the increase in underlying pre-tax profits time of publication £1.00 = US$1.52 formance for the six months to July 31st, 2015. due to non-recurrence of last year’s tax credits.

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technology provided by Inmarsat. Building on Military and Defence OTHER NEWS this strategic relationship, Lufthansa is committed to a flight trial program of the European Aviation Network from 2017 onwards.

United Airlines has applied to the U.S. Depart- ment of Transportation (DOT) for authority to begin seasonal nonstop service between the airline’s San Francisco hub and Xi’an, China. If ap- proved, this will be the first trans-Pacific service to Xi’an operated by any airline, and United will be the first U.S. airline to serve the city. United intends to use the Boeing 787 Dreamliner to operate the three-times-weekly service between Spirit AeroSystems’first Bell-V-280 Valor fuselage Photo: Spirit AeroSystems’ May 8th and Oct. 27th, 2016 (westbound).

Spirit AeroSystems completes first fuse- GA Telesis signs partnership agreement with Horizon Shield lage for Bell V-280 Valor Company Photo: GA Telesis Jazz Aviation, a subsidiary of Chorus Aviation, has reported that its flight attendants, repre- Spirit AeroSystems has completed the first fuse- Global aerospace integrator GA Telesis has signed a partnership agreement with military sented by the Canadian Flight Attendant Union lage for Bell Helicopter for the Joint Multi-Role (‘CFAU’), have ratified their tentative agree- Technology Demonstrator (JMR-TD) program. support services provider Horizon Shield Com- pany. The venture will focus on developing ment reached on August 27th, 2015. The CFAU The unit was designed and assembled in Spirit’s represents approximately 820 flight attendants rapid prototyping facility in Wichita, Kan., in just business opportunities in the Kingdom of Saudi Arabia. Connecting the commercial and defense employed at Jazz. The term of the agreement 22 months. The composite fuselage is being extends to December 31st, 2025; consistent with prepped to ship to Bell’s Amarillo, Texas, facil- aerospace expertise of GAT and the defense services expertise of Horizon, GAT and Horizon are Jazz’ capacity purchase agreement (CPA) with Air ity for final assembly. The V-280 is scheduled to Canada. The new collective agreement provides make its first flight in the second half of 2017 expected to become a key provider of services to several Saudi-based military and commercial long-term labor stability, productivity enhance- organizations including Saudi Arabian Airlines, ments and a transition to competitive labor costs. Saudi Aerospace Engineering Industries, the Pratt & Whitney and Netherlands Ministry of Royal Saudi Air Force, Royal Saudi Land Forces Defense sign F135 depot activation contract Trans States Airlines’ pilot group has passed a Aviation, Security Services Aviation, and Ara- Tentative Agreement on a three year contract Pratt & Whitney has signed a depot activation mco Aviation. Prospective opportunities for the extension. The Trans States Airlines pilots are contract with the Netherlands Ministry of De- two companies include the establishment of a represented by the Air Line Pilots Association, fense (MOD) to establish a Maintenance, Repair, dedicated spare parts support operation for the International (ALPA). The Tentative Agreement, Overhaul, & Upgrade (MRO&U) capability for the Royal Saudi Land Forces Aviation Command and which was unanimously recommended by the F135 engine which powers the F-35 Lightning II the Royal Saudi National Guard. Additionally, ALPA Master Executive Council ME( C) for a rank fighter aircraft. This initial contract will include GAT and Horizon will work together exclusively and file vote, passed with 71% of voting pilots planning and management activities required for to develop programs for the provision of an Ad- voting in favor of the contract extension. The MRO&U activation in 2019. Follow-on contracts vanced Aviation Forward Area Refueling System, new contract increases first year pay to $35.81 with P&W and the F-35 Joint Program Office are as well as supply-chain development and asset per flight hour, and includes increases in cost-of- expected in support of the establishment of F135 management in the region living pay and the pilots’ per diem rate. It also in- depot capabilities, including, but not limited to, creases the company’s 401(K) contributions and assembly, disassembly, cleaning, inspection and decreases pilots’ health insurance costs. The new Deutsche Telekom and Inmarsat have an- testing at the Logistics Center Woensdrecht. This contract will go into effect on October 1st, 2015. past December, the U.S. Department of Defense nounced a strategic partnership bringing un- (DoD) assigned the Netherlands as one of the Eu- precedented passenger connectivity to Europe’s ropean countries where the maintenance of the aviation industry and its customers. A new inno- During the fourth annual China Air Finance De- F135 engines will be carried out. vative, combined LTE-based ground network and velopment Summit, Okay Airlines, ATSG West satellite network delivers travelers in Europe the Limited, Vipshop and others totaling five parties advantage of in-flight high-speed Internet ac- announced the establishment of an express air Lockheed Martin and Norwegian Armed Forc- cess. Airlines will benefit from a cost-efficient cargo joint venture serving multiple destinations es celebrate rollout of Norway’s first F-35A and future-proof connectivity solution. Deutsche within the Peoples Republic of China (including Telekom and Inmarsat are working together to Hong Kong, Macau and Taiwan) and surround- A ceremony was held at the Lockheed Martin develop the European Aviation Network seam- ing countries. The principal commercial partners (LMT) F-35 production facility on September lessly combining satellite connectivity from a in the venture include: Okay Airlines, which was 22nd, celebrating the rollout of the first F-35A new Inmarsat S-band satellite with an LTE-based established in 2005 as China’s first private-sector Lightning II for the Norwegian Armed Forces. The ground network developed and run by Deutsche airline and which provides passenger and air event marked an important production milestone Telekom. Lufthansa will be the first European cargo services within China from its operating for the future of Norway’s national defense. The hub airline to capitalize on innovative connec- bases at Tianjin Binhai International Airport and 5th Generation F-35As will transition the- Nor tivity services in the sky. In early summer 2016, Changsha Huanghua International Airport. ATSG wegian Armed Forces into a next-generation Lufthansa will launch a state-of-the-art satellite- West Limited, a subsidiary of Air Transport Ser- net-centric fighter force capable of assuring the based broadband service on board its European vices Group, a turn-key provider of mid-range nation’s territorial integrity and national security. flights, which is based on the recently launched Boeing freighter aircraft, along with leasing and

September 28, 2015 / Vol. 509 9 WEEKLY AVIATION HEADLINES

OTHER NEWS Recommended Events operating solutions, which was founded in 1980 and is based in the United States. Vipshop Hold- ings, a leading online discount retailer for brands in China. Vipshop and founded in 2008, offers high quality and popular branded products to consumers throughout China at a significant ATC Global Dubai 2015 discount to retail prices. The JV company will be October 05, 2015 – October 07, 2015 named United Star Express Airlines, registered Dubai World Trade Center in Tianjin’s free trade zone (Dongjiang Free Trade Port Zone), with registered capital of 400 million Aero Engineering Show UK 2015 November 04, 2015 – November 05, 2015 RMB (US$63m). It will be established pending ap- Hall 5, NEC, Birmingham UK proval by related government parties and plans to commence flight operations in mid-2016. GATE – Gulf Aviation Training Event November 09, 2015 – November 10, 2015 Dubai World Central, Dubai, United Arab Emirates Hainan Airlines flight HU7937 landed at Vaclav Havel Airport Prague on September 23rd local Aircraft Economic Life Summit 2015 time, marking the successful inaugural flight November 24, 2015 – November 24, 2015 of the carrier’s Beijing-Prague route, the first nonstop service between China and the Czech Aviation Finance Seminar 2015 November 25, 2015 – November 25, 2015 Republic. The Beijing-Prague route is Hainan Radisson Blu Hotel, Dublin Airlines’ seventh European route following Be- ijing-Brussels, Beijing-Berlin, Beijing-Moscow, Click here for more aviation events Beijing-St. Petersburg, Hangzhou-Xi’an-Paris and Chongqing-Rome. The launch of the Beijing- Prague route will further improve Hainan Air- for UTC Aerospace Systems Aerostructures lines’ global network. Division selling reverse thrusters, pylons and other polymer products for commercial and military fixed-wing aircraft. Regional Sales Manager, Europe – Matjaz Zaccaria, a INDUSTRY PEOPLE former Customer Support and Service Man- AviTrader Publications Corp. ager for AgustaWestland Helicopters, was Suite 305, South Tower the key account manager for International 5811 Cooney Road • HAECO Ameri- and European offshore operators such as cas reported that Bristow Helicopters, Bel Air Aviation with a Richmond, BC Jeff Lawrence will number of AW139s currently in operation Canada V6X 3M1 join the company’s supporting also the AW189 helicopter entry maintenance, repair into service. Publisher and overhaul (MRO) leadership team as Peter Jorssen Vice President of • TrueAero President, Dean Morgan, has an- Tel: +1 604 318 5207 Planning, Pricing and nounced the hiring of Christopher Garrett Jeff Lawrence Production Control. as Director of Airframe and Engine Products. Editor Chris will be leading the product team at Jeff will assume responsibilities that have Heike Tamm been held by Lon Chaney, who has an- TrueAero’s 50,000 ft² Sebastian, Florida dis- nounced his plans to retire by the end of tribution facility. The recent acquisition of [email protected] 2015. In his new role, Jeff will focus on work 5ea A340-300 aircraft continues to drive the Tel: +34 (0) 971 612 130 underway to consolidate planning and cer- creation of numerous new positions. tain processes, including implementation of Advertising Inquiries and continuous improvement initiatives, across the company’s operations in ways that will • WestJet Airlines has announced the ap- Customer Support support ongoing quality and performance pointment of Harry Taylor to the position of Jenny Falk for the company’s MRO customers. Executive Vice President, Finance, and Chief [email protected] Financial Officer, effective October 26th, 2015. Harry brings over 20 years of senior Tel: + 49 (0) 8761 346 007 • Vector Aerospace has hired two new re- financial, operational and strategic experi- gional sales managers to join the Vector ence in the retail and consumer products For inquiries and comments, rotary-wing sales team to grow business industries. He joins WestJet from Canadian please email: in both Asia and Europe. Regional Sales Tire Corporation where he has worked since Manager, Asia – Lewis Ho was previously a 2010, most recently in the position of Sen- [email protected] Business Development and Sales Director ior Vice President, Finance.

September 28, 2015 / Vol. 509 Page 1 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE Commercial Jet Aircraft Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone A300-200F Rising Sun Aviation CF6-50C2 141 1981 Now Sale Fred Van Acker [email protected] +1 214-906-5635 A300-200F Rising Sun Aviation CF6-50C2 149 1981 Now Sale Fred Van Acker [email protected] +1 214-906-5635 A319-100 ORIX Aviation V2522-A5 2501 2005 Q3/2017 Lease James Sammon [email protected] +353 871381042 A320 Magellan Aviation Group CFM56-5A1 333 1992 Dec 2015 Sale Bill Polyi [email protected] +1 (704) 504 9204 x202 A320-200 ORIX Aviation V2527-A5 2680 2006 Q4/2017 Lease Cian Coakley [email protected] +353 877760451 A320-200 ORIX Aviation V2527-A5 4603 2011 Q2/2017 Lease Daniel Cunningham [email protected] +353 871774524 A320-200 ORIX Aviation V2527-A5 2642 2006 Q4/2016 Sale / Lease Daniel Cunningham [email protected] +353 871774524 A320-214 Wing Capital CFM56-5B4/P 1767 Now Sale / Lease Ben Jacques bjacques@wngcapital. com ++353353 766025252 A320-233 Amentum Capital V2527-A5 3543 2008 Jun 2016 Sale / Lease Jack Hynes [email protected] +353 16398125 A320-233 Amentum Capital V2527-A5 3162 2007 Jan 2016 Sale / Lease Jack Hynes [email protected] +353 16398125 A320-233 Amentum Capital V2527-A5 3524 2008 May 2016 Sale / Lease Jack Hynes [email protected] +353 16398125 A320-233 Amentum Capital V2527-A5 3316 2007 Apr 2016 Sale / Lease Jack Hynes [email protected] +353 16398125 A321-211 Bristol Associates CFM56-5B3/3 5681 2013 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 A321-211 Bristol Associates CFM56-5B3/3 5733 2013 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 A321-211 Bristol Associates CFM56-5B3/3 5779 2013 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 A321-211 Bristol Associates CFM56-5B3/3 5919 2013 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000 A330-200 Wing Capital CF6-80E1A3 655 Q1/2017 Sale / Lease Ben Jacques [email protected] +353 766025252 A330-223A330 223 Amentum CaCapitalpital PW4168A 943 2008 Feb 2016 Sale / Lease Jack HHynesynes [email protected]@amentum.aero +353353 16398125 A330-223 Amentum Capital PW4168A 962 2008 Apr 2016 Sale / Lease Jack Hynes [email protected] +353 16398125 A330-223 Amentum Capital PW4168A 979 2009 Oct 2016 Sale / Lease Jack Hynes [email protected] +353 16398125 A340-300 ORIX Aviation CFM56-5C4 273 1999 Now Sale Cian Coakley [email protected] +353 877760451 B737-300 European Capital Corp. CFM56-3B2 24634 1990 Now ACMI/Wet Lease Iacovos Yiakoumi [email protected] +35722873250 B737-300F ORIX Aviation CFM56-3B2 24710 1990 Q3/2015 Sale Cian Coakley [email protected] +353 877760451 B737-300SF World Star Aviation Services CFM56-3C1 28873 Q1/2016 Sale / Lease Tommy Guttman [email protected] +972-544-220000 B737-400 Aersale CFM56-3C1 25362 1991 Now Sale / Lease Craig Wright [email protected] +1 305 764 3238 B737-400 Aersale CFM56-3C1 25430 1991 Now Sale / Lease Craig Wright [email protected] +1 305 764 3238 B737-400 World Star Aviation Services CFM56-3C1 24796 Now Sale / Lease Sean O Connor [email protected] +1 415-956-9456 B737-400 Safair Operationsp Combi East Africa Now ACMI onlyy C. Schoonderwoerd [email protected]@ +27 11 928 0000 B737-700 Amentum Capital CFM56-7B22 34320 2005 Now Sale / Lease Jack Hynes [email protected] +353 16398125 B737-700 Amentum Capital CFM56-7B22 34321 2005 Now Sale / Lease Jack Hynes [email protected] +353 16398125 B737-800 (5) Wing Capital CFM56-7B26 various Q1/2016 Lease Ben Jacques [email protected] +353 766025252 B737‐86J Aersale CFM56-7B26 32917 Now Sale / Lease Craig Wright [email protected] +1 305 764 3238 B737‐86J Aersale CFM56-7B26 30881 Q1/2016 Sale / Lease Craig Wright [email protected] +1 305 764 3238 B747-400SF Wing Capital P&W 24998 Now Sale / Lease Ben Jacques [email protected] +353 766025252 B757-200 mba aircraft solutions RB211-535E4B 24580 1990 Now Sale / Lease Jacob Agnew [email protected] +1 703 276 3202 B757-200 World Star Aviation Services RB211-535E4 26275 1995 Now Sale / Lease Sean O Connor [email protected] +1 415-956-9456 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 Castlelake CF6-80C2B2 23900 1987 Now Sale / Lease Joe Giarritano [email protected] +1 612 851 3032 B767-200ER Castlelake CF6-80C2B2 23901 1987 Q2/2015 Sale / Lease Joe Giarritano [email protected] +1 612 851 3032 B767-200ER Castlelake CF6-80C2B2 23902 1988 Q2/2015 Sale / Lease Joe Giarritano [email protected] +1 612 851 3032 B767-200ER Castlelake CF6-80C2B2 26847 1993 Q2/ 2015 Sale / Lease Joe Giarritano [email protected] +1 612 851 3032 B767-200ER Castlelake CF6-80C2B2 24764 1990 Q2/2015 Sale / Lease Joe Giarritano [email protected] +1 612 851 3032 B767-200ER Castlelake CF6-80C2B2 24765 1990 Q2/2015 Sale / Lease Joe Giarritano [email protected] +1 612 851 3032 B767-375ER Jetran, LLC. 25865 1992 Now Sale / Lease Leo Nadeau [email protected] +1 (512) 294-6727 B777-200ER GMT Global Republic Aviation Trent 892 28533 2004 Q2/2016 Sale/Lease/JV John Leech [email protected] +353 87 944 7164 DC8 Aersale No engines 46094 1969 Now Sale Kent Goodman [email protected] +1 (575) 208-0821 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 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

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September 28, 2015 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 DASH8-102 Magellan Aviation Group PW121 113 1988 Now Sale / Lease Bill Polyi [email protected] +1 (704) 504 9204 x202 DASH8-311 Magellan Aviation Group PW123 266 1991 Now Sale / Lease Bill Polyi [email protected] +1 (704) 504 9204 x202 E170 Magellan Aviation Group CF34-8E5 59 2003 Dec 2015 Sale / Lease Bill Polyi [email protected] +1 (704) 504 9204 x202 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 bristol@bristolassociates. com +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 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 ERJ-145ER GA Telesis 145035 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 ERJ-145ER GA Telesis 145029 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321 Commerical Engines MultiMultipleple TypesTypes Sale / Lease ComCompanypany 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 CF34 Engines Sale / Lease Company Contact Email Phone (2) CF34-8E5 Now - Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +49-6731-497-368 (8) CF34-10E Now - Lease (9) CF34-8C Now - Lease (1) CF34-3B1 Now - Lease (4) CF34-3A Now - Sale / Lease (1) CF34-3A1 Now - Sale 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 (1) CF34-8E5A1 Now - Lease AeroCentury Frank Pegueros [email protected] +1 650 340 1888 CF6 Engines Sale / Lease Company Contact Email Phone CF6-50E2 (multiple) Now - Sale / Lease Commercial Aircraft Services Brian Cooper [email protected] +1 208-899-1915 (1) CF6-80C2B1F Now - Sale / Lease AerSale. Inc. Alan Kehoe [email protected] +353 879 393 534 (1) CF6 CF6-80C2B6F-80C2B6F Now - Sale / Lease Matthew White matthew. white@aersale. com +353 1475 3005 (1) CF6-80C2A5 Oct 2015 - Sale / Lease Matthew White [email protected] +353 1475 3005 (1) CF6-80C2B7F Now - Sale / Lease Matthew White [email protected] +353 1475 3005 (3) CFM56-3C1 Now - Sale / Lease Wing Capital Ben Jacques [email protected] +353 766025252 (2) CF6-80C2B6F Now - Sale/Lease/Exch. TES Aviation Group Bechan Carpenter [email protected] + 44 7795 636 034 (1) CF6-80C2B1F Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (1) CF6-80C2B6F Now - Sale / Lease (1) CF6-80C2B1F 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) CF6-80C2B6F Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (2) CF6-80C2B7F Now - Sale / Lease (2) CF6-80C2B7F Now - Lease Engine Lease Finance Joe Hussar [email protected] +1 (617)828-3569 CFM56 Engines Sale / Lease Company Contact Email Phone CFM56-3C1 (SV) Now - Sale / Lease TrueAero, LLC Brent Corrie [email protected] +1 561-310-3242 (1) CFM56-5C4/P Now - Sale / Lease (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)1) CFM56CFM56-5B1/P 5B1/P Now - Lease (1) CFM56-5B4P Now - Sale / Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360

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September 28, 2015 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 (8) CFM56-5C3F Now - Sale Kevin Milligan [email protected] +1-954-958-1912 (1) CFM56-5B Now - Sale / Lease Eddo Weijer [email protected] +1-954-676-3111 (1) CFM56-7B27/3B1F Oct15 - Sale/Lease/Exch. AerSale. Inc. Alan Kehoe [email protected] +353 879 393 534 (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 Now - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 (1) CFM56-5B4 Now - Sale / Lease (1) CFM56-3C1 Now - Sale Orix Aviation James Sammon [email protected] +353 871381042 (1) CFM56-5C4 Now - Sale (6) CFM56-3C1 Now - Sale/Lease/Exch. Lufthansa Technik Airmotive Irel. Alan Phelan [email protected] +353-87-2786738 (1) CFM56-3B2 Now - Sale/Lease/Exch. (1) CFM56-7B26/7B27 Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (1) CFM56-7B22 Now - Sale / Lease Castlelake Neil McCrossan [email protected] +44-207-190-6119 (1)CFM56-5C3F Now - Sale / Lease (1) CFM56-5B Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham [email protected] +1-703-402-7430 (1) CFM56 - 7B NowNow - Sale/Lease/ExchSale/Lease/Exch. (2) CFM56-7B24 (Non-TI) Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (2) CFM56-5B4/3 Now - Lease (1) CFM56-5B4/P Now - Lease (2) CFM56-7B24/3 Now - Lease (1) CFM56-5C4/P Now - Lease (3) CFM56-3C1 Now - Sale / Exchange AeroTurbine Elizabeth Peters [email protected] +1 (214) 263-1173 (2) CFM56-5A1F Now - Lease or (2) CFM56-3C1 Now - Lease Andrew McCain [email protected] +1 (786) 879-0830 (1)() CFM56-3B1 Now - Lease (2) CFM56-3B2 Now - Sale / Exchange (1) CFM56-7B22 Now - Sale / Exchange (1) CFM56-7B Now - Lease (1) CFM56-3B1 Now - Sale / Lease Jetran, LLC. Leo Nadeau [email protected] +1 (512) 294-6727 (1) CFM56-3C1 Now - Sale / 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 Engines Sale / Lease Company 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 PW Small Engines Sale / Lease Company Contact Email Phone PW121 (Dash 8) Now - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 PW123B/D/E Now - Sale / Lease PW124B Now - Sale / Lease PW121 (ATR) Now - Sale / Lease PW127E/F/M Now - Sale / Lease PW150A Now - Sale / Lease (2) JT9D7R4 Now - Sale / Lease Phoenix Aer Capital Bob Gallagher [email protected]@PACLLC.AERO ++11 727-376-9292 727-376-9292 (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) PW123E Now - Sale/Lease/Exch. PW127F Now - Sale/Lease/Exch. Logix.Aero JC Morin [email protected] +33 647 824 262 PW127M Now - Sale/Lease/Exch. (1) PW119B RGB Now - Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +49-6731-497-368 (1) PW119B Now - Lease (3) PW120A Now - Lease (2) PW121 (ATR) Now - Lease (6) PW123B Now - Lease (2) PW124B Now - Lease (3) PW125B Now - Lease (3) PW127F Now - Lease (4) PW127M NowNow - LeaseLease (7) PW150A Now - Lease (1) PW150 GRB Now - Lease

September 28, 2015 Page 4 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE

Commerical Engines (cont.) PW2000 Engines Sale / Lease Company Contact Email Phone (2) PW2037 Now - Sale / Lease Castlelake Neil McCrossan [email protected] +44 (0) 207 190 6119 (2) PW2037 Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (3) PW2037 Now - Sale / Exchange AeroTurbine Elizabeth Peters [email protected] +1 (214) 263-1173 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 PW4056-3 Now - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202 PW4060/62-3 Now - Sale / Lease ()(2) PW4056-3 Now - SaleS/ / Exchange AeroTurbine Elizabeth Peters [email protected]@ +1 (214)() 263-1173 (1) PW4060C-1C Now - Sale / Lease IAI Michael Michaeli [email protected] +972-52-3663068 (1) PW4062-3 Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769 (4) PW4056 Now - Sale / Lease Wing Capital Ben Jacques [email protected] +353 766025252 (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) PW4168A Now - Lease TES Aviation Group Bechan Carpenter [email protected] + 44 7795 636 034 (1) PW4168A Now - Sale / Lease Engine Lease Finance Joe Hussar joseph. hussar@elfc. com ++11 (617)828-3569 (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 (1) RB211-535E4 Now - Sale / Lease Jetran, LLC. Leo Nadeau [email protected] +1 (512) 294-6727 (1) RB211-535E4 Now - Sale / Lease Castlelake Neil McCrossan [email protected] +44 (0) 207 190 6119 (1) RB211-535E4 Nov 15 - Sale / Lease AerSale. Inc. Matthew White [email protected] +353 1475 3005 (2) RB211-535E4 Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (2) RB211-535E4B Now - Sale GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (2) 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 (3) Trent 800 Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111 (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 NowNow - Sale/Lease/ExchSale/Lease/Exch. or A Andrewndrew McCainMcCain amccaamccain@[email protected] com +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) V2530-A5 Now - Sale / Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360 (2) V2527-A5 Now - Sale / Lease Fortress Investment Group Tom McFarland [email protected] +1 305-520-2349 (1) V2500-A1 Now - Sale 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 EnEnginegine Parts,Parts, ComponentsComponents and Misc. EquipmentEquipment Description Company Contact Email Phone A320 Fresh Part-out Now - Sale TrueAero, LLC Raul Miro/Dave Walters [email protected] +1 772-925-8026 A320 Landing Gear with Fresh Tags Now - Sale 737-500 Fresh Part-out Now - Sale 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) Now - Sale / Lease TSCP700-4E NSlNow - 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 (1) APU GTCP331-200 and (2) APU APS 2000 Now - Sale / Lease Phoenix Aer Capital Bob Gallagher [email protected] +1 727-376-9292 GTCP131-9A (P/N 3800708-1) Now - Sale / Lease Werner Aero Services Christopher Farrell [email protected] +1 201-661-6819 GTCP36-300A (P/N 3800278-4) Now - Sale / Lease CFM56-5B/5C/7B and V2500-A5 engine stands Now – Lease Tradewinds Engine Serv. Brad Pleimann [email protected] +1 954 421 2510 737-800 NOSE LANDING GEAR PN 162A1100-5, OH - Now Sale Reliance Aircraft Terry Hix [email protected] +1 512-439-6988 (4) PW901A, (2) PW901C Now - Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +49-6731-497-368 (1) CF34-8C CF34-8C - LPT Module Now - Sale GTCP131-9B, PW901, (2) GTCP36-300, Now - Sale/Lease/Exch. Aeroturbine Rodney Lee [email protected] +1 972-813-1176 GTCP131-9A, (2) RE220RJ, GTCP331-350C, APS3200

September 28, 2015