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WEEKLY AVIATION HEADLINES

Continued on page 3

The Business Travel Coalition (BTC) in the United States recently re-sponded to the statement by Delta Air Lines CEO Richard Anderson made during a CNN interview that drew a causal link between the ter-ror attacks of 9/11, and later U.S. airlines’ b a n k r u p t c y proceedings, and the Gulf carriers. An-derson’s state-ment was: “And it’s a great irony to have the UAE from the Arabian Peninsula talk about that [U.S. airlines’ bail-out], given the fact that our industry was really shocked by the terrorism of 9/11, which came from terrorists from the Arabian Peninsula. That caused us to go through a massive restructuring.”

“The logical error is breath taking. Implying that the Gulf carriers were somehow responsible for the acts of 9/11 is as absurd as saying the U.S. carriers are to blame for allowing their planes to be used on 9/11 as

weapons of mass destruction,” said BTC chairman Kevin Mitchell.

According to the BTC, the overall im-pression from watching the U.S. air-line CEOs is that the big network air-lines want to lock out independent airlines that offer lower fares, newer

airplanes, faster connections, more destinations and better service. “In-stead of offering consumers a reason to choose Delta, United and Ameri-can for their international travel needs, they want to deny consumer

choice by elimi-nating competi-tive alternatives. U.S. airlines ap-pear to have lost touch with their customers and if they do not step up their game they will contin-ue to lose inter-

national market share in a long but slow grind,” the Coalition believes.

It’s a fact that the Gulf States have policies that are designed to support aviation, which they see as the key

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“In fact, the US CEOs who now complain about these policies, not long ago publicly said they envied such pro-aviation growth vision and called for the U.S. to emulate them.”Kevin Mitchell, BTC chairman

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American carriers like

Delta say subsidies

lavished on the big Gulf airlines are

extreme.

Photo: Delta TechOps

ISSN 1718-7966 FEBRUARy 23, 2015/ VOL. 478

American versus Arab carriers U.S. airlines urged to up their game

Spirit adds services at BWI Marshall AirportSpirit Airlines announced that it will begin offering daily nonstop service between Baltimore/Washington International Airport and two new markets—Atlanta and Los Angeles. Spirit’s service to Atlanta will be-gin June 18, and the Los Angeles service will begin in July. Atlanta and Los Angeles are the eighth and ninth destinations served by Spirit Airlines from BWI Marshall. The airline shifted its regional opera-tion from Reagan National Airport to BWI Marshall in September 2012 with flights to two markets, Fort Lauderdale and Dallas/Fort Worth.

Omani airports in record growth 2014 was an exceptional period for Oman Airport’s Management Company. Muscat and Salalah In-ternational airports witnessed an incredible success rate in terms of passenger growth, infrastructural developments, and its new route destinations by national carrier Oman Air. Muscat International Air-port registered 8,711,102 passen-gers in 2014 a growth of 5 %.

Southern Air honoured by U.S. FAASouthern Air has been honoured with the prestigious Diamond Award of Excellence by the Federal Aviation Administration (FAA). The Diamond Award is the FAA’s highest honour for maintenance training and overall maintenance excellence. Southern Air’s maintenance professionals com-pleted over 4,000 hours of specific aircraft and product instruction as well as safety and regulatory training in 2014 to earn the Diamond Award.

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AIRCRAFT & ENGINE NEWS

Sanad extends relationship with Etihad Airways by US$100m

Sanad Aero Solutions GmbH (Sanad), a wholly-owned subsidiary of Mubadala Development Company, has increased its leasing portfolio of spare engines and components with Etihad Air-ways through the addition of new assets valued at US$100m, including spare GEnx and GP7200 engines and spare landing gear and nacelles, to support the airline’s growing fleet of B777, B787, A320 and A380 aircraft. With the additional as-sets, the overall value of Sanad’s leasing relation-ship with Etihad Airways now exceeds US$450m. Sanad’s relationship with Etihad Airways began in 2011 through the financing of 11 GE90 and Rolls-Royce Trent spare engines, and the two companies extended this in 2013 through the financing of rotable component spares valued at over US$125m.

Lufthansa Cargo welcomes fifth Boeing 777F in Frankfurt

The modernisation of Lufthansa Cargo’s fleet continues: on February 12th, 2015, the fifth Boeing 777F of the cargo airline landed in Frank-furt for the first time. On a flight lasting approxi-mately nine hours the crew, under chief pilot Claus Richter, had transferred the Triple Seven

sector for economic development. “In fact, the US CEOs who now complain about these poli-cies, not long ago publicly said they envied such pro-aviation growth vision and called for the U.S. to emulate them,” Mitchell said.

Every country has its unique collection of di-rect and indirect subsidies and structural ad-vantages. The BTC highlights that the U.S. is no different. “Our carriers can reduce expenses in bankruptcy proceedings, shift pension liabilities to the Pension Benefit Guaranty Corporation, benefit from general revenues from the U.S. Treasury that flow into the airport and airway trust fund and avoid ticket taxes on billions of

dollars in revenues through ancillary fees and carrier-imposed charges,” the Coalition further stated.

The three American airlines argue that the subsidies being lavished on the three Gulf airlines are so extreme that the Obama administration must act. “BTC would like to see the evi-dence that the Gulf carriers have re-ceived more direct and indirect sub-sidies than U.S. carriers and that it represents a material amount neces-sary to create an unfair competitive advantage,” Mitchell questioned. Major Middle East carriers are gaining on U.S. market share. Photo: Boeing

...continued from page 1

ARKIA commits to Airbus A330-900neo

ARKIA Israeli Airlines has signed a Memorandum of Understanding (MoU) with Airbus for up to four A330-900neo aircraft. The commitment makes ARKIA the first Airbus widebody customer in Israel and the first customer for the type in the region. The aircraft will help ARKIA to expand their growing operations into long haul business and leisure markets with the world’s most popular widebody. The A330-900neo is the most cost-efficient in its size category, offering a reduction in fuel burn of 14% per seat, an increase in non-stop flying range of up to 400 nauti-cal miles and the lowest possible maintenance costs. ARKIA’s A330-900neo will join the four A321neo aircraft ordered at the Farnborough International Airshow in 2012. With Airbus’ Cross Crew Qualification concept, pilots and engineers can quickly transition from the single-aisle A320 Family to the twin-aisle A330. Airlines can operate and maintain both types with the same pool of pilots and engineers. The A330neo also offers the latest in in-flight entertainment either 4th generation or light IFE. Moreover, it offers connectivity to the ground should it be mobile telephony and internet access services, and in parallel on board wireless services enabling pas-sengers to access Wi-Fi content and services on their personal electronic devices.

ARKIA commits to Airbus A330-900neo Photo: Airbus

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WEEKLY AVIATION HEADLINES

Alaska Airlines orders six Boeing Next-Generation 737-900ERs

Alaska Airlines’ fleet of fuel-efficient Boeing airplanes is growing again. Seattle’s hometown airline is purchasing six more Boeing 737-900 Extended Range aircraft, valued at US$594m, Boeing’s current list price. The new planes, four scheduled for delivery in 2016 and two in 2017, bring Alaska’s total of locally manufactured jets on order to 79. “We’re delighted Boeing is able to expedite delivery of four of these new 737-900ERs, increasing the number of planes we’ll receive next year to 19,” said Andrew Harrison, Alaska Airlines Executive Vice President and Chief Revenue Officer. “These comfortable and highly efficient jets will expand and strengthen our already leading Pacific Northwest network.”

safely from Everett near Seattle to its new home airport. As part of its strategic program “Lufthan-sa Cargo 2020”, the freight airline has ordered a total of five new Triple Seven aircraft. In No-vember 2013 the first machine entered regular service. In addition, Lufthansa Cargo has options for five further Boeing 777Fs with delivery to be split over the years until September 2020. “In our opinion, the Boeing Triple Seven is the best aircraft for our fleet structure. Its performance already far exceeded our expectations last year”, said Peter Gerber, Chairman of the Executive Board and CEO of Lufthansa Cargo.

Pratt & Whitney Canada’s PurePower PW814GA and PW815GA engines receive type certification

Pratt & Whitney Canada (P&WC) has received Transport Canada type certification for its Pure-Power PW814GA and PW815GA engines, which will power the new Gulfstream G500 (range of 5,000 nautical miles) and G600 (range of 6,200 nautical miles) business jets respectively. Certifi-cation of these two engine models follows Gulf-stream’s recent unveiling of its new G500 and G600 business jets and the news that P&WC’s PurePower PW800 engines were selected to power these next-generation long-range and ul-tra-long-range aircraft. In addition to the engines themselves, P&WC is providing Gulfstream with the Integrated Power Plant System (IPPS), which comprises the engine, nacelle, and thrust revers-er systems. During rigorous endurance testing, simulating various aircraft missions, the PW800 engine has achieved more than 3,300 hours of evaluation. This includes over 350 flight hours on P&WC’s advanced Boeing 747SP flying test bed aircraft. Additionally, the PurePower PW800 engine’s advanced common core technology – leveraged in six PurePower engine applications – has amassed 15,000 testing hours in total.

Skyworld Aviation sells Fokker 50 to MayAir, Mexico

Acting on behalf of Largus Aviation AB of Swe-den, Skyworld Aviation has arranged the sale of a Fokker 50, serial number 20194, to MayAir of Mexico. The aircraft, now registered as XA-UUU, arrived in Cancύn at the end of January. MayAir is part of Cancύn Travel Concepts, serving the yukatán peninsula in South Eastern Mexico with regional flights from Cancύn. One of the main routes will be to the popular tourist destination Cozumel, one of the best scuba diving destina-tions in the world. Skyworld Aviation is a UK-based aircraft marketing organization, specializ-ing in the regional sector. They offer consultancy, marketing and asset management services to a large client base worldwide. To date they have

AIRCRAFT & ENGINE NEWS PEMCO redelivers third B737 to CDI Cargo Airlines

PEMCO World Air Services (PEMCO) redelivered its third 737-300F (MSN27518) to CDI Cargo Airlines (CDI). All three PEMCO freighter conversions to date have been performed at STAE-CO’s Jinan Shandong China facility. PEMCO and STAECO have partnered on about 50 Boeing 737-300 and 737-400 freighter modification projects since 2006. Today, PEMCO together with STAECO and other global partners provide seamless regional technical and spares support to Boeing 737 operators in China and beyond.

PEMCO redelivers third B737 to CDI Cargo Airlines Photo: PEMCO

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Technical aspecTs of a leased asseT 2015 12 May 2015, TRYP Ambassador Hotel, Madrid

MainTenance ReseRves TRaining seMinaR 201513 May 2015, TRYP Ambassador Hotel, Madrid

end of lease compensation & power by the hour arrangements

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WEEKLY AVIATION HEADLINES

Ducommun awarded first direct contract on Airbus A350 XWB

Ducommun has been awarded its first di-rect contract from Airbus for the A350 XWB wide-body aircraft. Ducommun will provide titanium components for titanium assemblies that will be installed on the aft fuselage sec-tion of the jet. The components are already in production at Ducommun’s Coxsackie, N.y. operations center, which specializes in form-ing technology for shaping titanium, steel and other hard metals for challenging aerospace requirements. “This new contract establishes the baseline for Ducommun to continue ex-panding its support of Airbus in North Amer-ica,” said Anthony J. Reardon, Chairman and

AIRCRAFT & ENGINE NEWS Bombardier delivers Global 6000 aircraft to former Formula 1 champion Niki Lauda

Bombardier delivered a new Global 6000 aircraft to former Formula 1 champion, Niki Lauda, at the aircraft manufacturer’s Global Completion Centre, in Dorval, Canada. The company further announced that Mr. Lauda will be a spokesperson for Bombardier Business Aircraft. The partnership between Bombardier and Mr. Lauda will see him fly his new Global 6000 aircraft to Grand Prix races around the world and with appearances at Bom-bardier Business Aircraft events throughout the 2015 Formula 1 season. Three-time Formula 1 World Cham-pion Lauda has a long history in aviation. He was the founder of Lauda Air in 1979, and in 2003 he founded NIKI Luftfahrt GmbH, a low-cost airline based in Vienna. The Global 6000 jet is the latest in a series of Bombar-dier business aircraft that Lauda has owned and piloted during his career as an aviator. Until recently he oper-ated a Global 5000 and Challenger 300 jet as his private aircraft, which he frequently used to travel to Formula 1 races around the world from his home base in Austria.

Niki Lauda takes delivery of a new Global 6000 aircraft Photo: Bombardier

concluded nearly 500 aircraft-related transac-tions for over 160 clients to a value of approxi-mately $850 million.

Bishwo Airways signs Letter of Intent for SSJ100 aircraft

On February 19th, 2015 the Sukhoi Civil Aircraft Company and Bishwo Airways signed a Letter of Intent for the delivery of Sukhoi Superjet 100 aircraft. It is expected that further consultations will result in a contract for five Sukhoi Superjet 100 (SSJ100) aircraft. The aircraft will have a two-class layout for 93 passengers. In accordance with the tentative agreement the first SSJ100 will be delivered in 2017. Bishwo Airways is a private airline, registered in Nepal in the sum-mer of 2014. Bishwo Airways is a subsidiary of Bishwo Holdings, a diversified Nepalese invest-ment holding company based in Singapore.

Royal Air Maroc to launch Dreamliner ser-vice on February 22

Royal Air Maroc, the national airline of Mo-rocco, marks a milestone with the launch of its first Boeing 787-8 Dreamliner. The new, su-perefficient 274-seat aircraft will depart on its inaugural 6.5-hour flight from Mohammed V International Airport in Casablanca (CMN) to New York’s John F. Kennedy International Air-port (JFK) on February 22nd. This launch marks the first of two 787-8s that will be dedicated to transatlantic flights between the U.S. and Morocco. Royal Air Maroc’s new planes feature 18 Business Class seats in a 2-2 layout, and 256 Economy Class seats in a 3-3-3 layout.

MRO & PRODUCTION NEWS

Chief Executive Officer. “We are focused on growing our relationship with this key original equipment manufacturer by providing value-added structural solutions for the innova-tive Airbus technology being implemented to make aircraft stronger, lighter, and more en-ergy efficient. We already support the A350 XWB through an Airbus subcontract, and sup-ply structural components for A320 and A330 aircraft, as well as aluminum fuselage skins for the A321.”

Airbus’ global footprint expands with new single source Tier 1 supplier in India

Airbus has signed an agreement with Bengal-uru-based Dynamatic Technologies to be the single source supplier of flap-track beams for the wide body A330 Family aircraft. The agree-ment is the largest manufacturing contract be-tween Airbus and a private sector company in India and elevates Dynamatic to a global tier-1 supplier. Dynamatic has manufactured flap-

Airbus A350 XWB makes début at Madrid-Barajas airport

The A350 MSN2, one of Airbus’ five A350 XWB test aircraft, landed at Adolfo Suárez Madrid-Barajas airport on February 19th for the first time to demonstrate its all-new features to Ibe-ria, the Madrid airport authorities, and the media. Iberia has eight A350-900s on order. The A350 XWB is an efficient medium-capacity long-range wide-body aircraft. With a range of up to 8,000 nm/14,800 km it is available in 2 basic passenger versions: the A350-900 seating 315 passenger and the A350-1000 for 369 passengers in a typical two-class layout. The A350 XWB is the latest addition to the market-leading Airbus Widebody product line. Offering its customers a game-changing reduction in fuel-burn, the all-new mid-size long-range A350 XWB has carbon fibre fuselage and wings and sets new standards in terms of passenger comfort, operational efficiency and cost-effectiveness. At the end of January 2015, the A350 XWB had won 780 orders from 40 customers worldwide.

A350 XWB makes début at Madrid-Barajas airport Photo: Airbus

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WEEKLY AVIATION HEADLINES

MRO & PRODUCTION NEWS Lufthansa Technik signs contract extension of Total Component Support for Wa-mos Air

Wamos Air, a Spanish charter air-line, and Lufthansa Technik AG, have extended their existing co-operation. Since 2003 Lufthansa Technik has been providing a To-tal Component Support TCS for the Boeing 747 fleet of Spain’s third-largest long-range airline. On the occasion of the integra-tion of a fifth 747-400 into the contract, the agreement was re-cently extended for a further two years. The Total Component Support TCS agreement covers component repair and overhaul services.

Wamos Air Photo: Lufthansa Technik

track beam assemblies for Airbus’ single-aisle A320 Family on a global single source basis as a Tier-2 supplier, since 2010. In phase one of the agreement, Dynamatic will assemble all the Flap Track Beams from its Bengaluru fa-cility. In the second phase, Dynamatic will be responsible for the entire supply chain for the Flap Track including sourcing materials, manu-facturing and final assembly. With this new business award Dynamatic will be established as a centre of excellence for the production of flap-track beams. In recent years, there has been a marked increase in Airbus sourcing from India, with more than US$400m worth sourced in 2014.

Kaman Awarded 777/767 fixed trailing edge kits LTA by Boeing

Kaman has been awarded a multi-year con-tract for the production of fixed trailing edge (FTE) kits and assemblies for the 777 and 767 commercial programs. The award from Boeing Commercial Airplanes is a continuation of the work Kaman has performed for Boeing since the launch of the 767 program almost thirty years ago. To date Kaman has provided more than 1,000 FTE kits and assemblies for each of the 777 and 767 programs since 1995 and 1986, respectively. Kaman is a leading supplier of integrated structures including metallic and composite structural assemblies and detail metallic parts for OEM and Tier I aerospace companies engaged in commercial and mili-tary aircraft programs. Kaman provides com-plete aerostructure solutions including design, tooling, manufacturing, testing, and product support.

AJW Capital Partners purchases A319 and B737-700NG

AJW Capital Partners Limited, part of the AJW Group of companies, has purchased an A319 (MSN 1068) aircraft. The deal covers the air-frame only. Teardown is currently underway at eCube in St Athan, Wales, and components will support AJW’s global fleet of Airbus aircraft operating under power-by-the-hour contracts. AJW Capital managed the transaction on behalf of its private investor base of high net-worth individuals who, alongside AJW Aviation, seek to realise revenue from the conversion of air-frames into component assets. AJW Capital is the AJW Group’s principal investing division and is responsible for the purchase, sale and lease of large aviation-related capital assets, including whole aircraft and engines.AJW Capital Partners also completed the pur-

chase of a Boeing B737-700NG (MSN 29094) cov-erering the airframe only. Teardown will shortly commence and the components will not only support AJW’s power-by-the-hour programmes worldwide, but also bolster the strategic inven-tory hubs that underpin the organisation’s award-winning component support programmes for air-lines and operators of all sizes.

GA Telesis and L-3 sign avionics services agreement

GA Telesis has signed an avionics services agree-ment with L-3 Electronic System Services (L-3 ESS), a division of L-3 Aviation Products (L-3 AP). L-3 ESS will provide total avionics support for OEM and third-party components on Boeing and

Turkish Technic and Citilink have signed an Airbus A320 component support contract. The signing ceremony was held in MRO Mid-dle East and included the participation of Cit-ilink CEO, M. Arif Wibowo Albert Burhan, and Turkish Technic CEO, Ahmet Karaman. The contract comprises component supply and repair on part number basis. Components will be supplied from the Istanbul/Turkey main bases and Turkish Technic pooling sta-tions in the Middle East, as well as Jakarta’s main base. All repair and overhaul work of the components will be done at the Turkish Technic sites in Istanbul/Turkey. The con-

tract also aims business development with GMF Aero Asia, as a vendor and component capability development for GMF, to support Citilink – Turkish Technic contract. Turkish, an association of Turkish Airlines group com-panies, is the leading maintenance center in its region, providing technical services for airframe, engine, APU and components for a wide range of airlines from Europe, Middle East, Asia, CIS and Northern Africa at its bases in Istanbul, with a highly qualified and well-trained workforce of over 5000 personnel, together with Turkish HABOM Inc.; a Turkish Airlines group MRO company.

Turkish Technic and Citilink signed an Airbus A320 component support contract Photo: Turkish Technic

Citilink (Indonesia) chose Turkish Technic for Airbus A320 component pooling

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WEEKLY AVIATION HEADLINES

Airbus aircraft, initially focusing on the 737NG, 747, 757, 767 and A320 platforms. As the pro-gram evolves, L-3 ESS will look to expand its support to cover other commercial and military fleet types for GA Telesis. “GA Telesis customers will receive the value of OEM support and the benefits of 50 years of focused MRO capabilities at a reasonable and predictable cost,” said Trevor Ratcliffe, L-3 ESS President. “L-3 ESS will also provide GA Telesis with turnkey supply chain solutions that will streamline operations, maximize savings and further enhance the capabilities that GA Telesis can offer to its customers.”

Snecma and HAL to create joint venture and build a new production facility in India

Snecma (Safran), a leading manufacturer of aircraft engines, and Hindustan Aeronaut-ics (HAL), a leading aerospace manufacturer, signed a Memorandum of Understanding (MoU) on January 28th, 2015 in Bangalore to explore establishing a joint venture in India for the production of aero-engine parts. The pro-posed joint venture will initially focus on the manufacture of high-tech parts for the Dassault Rafale’s Snecma M88 engine, then subsequent-ly contribute to other major aerospace pro-jects of HAL & Snecma, in India and worldwide. Spanning over 30,000 m², the proposed joint venture’s new plant is expected to benefit from substantial investment by the two partners, providing it with state-of-the-art machinery and equipment. This agreement marks a major step forward in the long-standing collaboration between Snecma and HAL. The proposed joint venture will further broaden the scope of the excellent relations established over the past 60 years between Safran affiliates and the In-dian aerospace industry. For example, Snecma

MRO & PRODUCTION NEWS

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manufactures the M53 engines powering the Mirage 2000H “Vajra” fighters operated by the Indian Air Force.

Ameco Beijing wins cabin modifications deal from China Eastern Airlines

China Eastern Airlines has selected Ameco Beijing for cabin modification of its Boeing 767 fleet. This 767 fleet belongs to Shanghai Airlines, a wholly owned subsidiary of China Eastern. The carrier transferred a 767 to Be-

ijing-based Ameco for cabin modification in January, and the further cabin modifications on other 767s will be scheduled from April to June. The deal covers cabin refurbishment and business class modification, and the latter one is designed by Ameco including engineering design, airworthiness certificate and interior material package manufacture. Ameco Beijing is well experienced in providing modifications on Boeing 737, 747, 767, 777 and Airbus A330, A340 and A380 with a portfolio including the cabin, system, winglet and wing rib.

Universal Avionics FMS selected for Piedmont Airlines Dash 8 fleet

Universal Avionics has been selected by Piedmont Airlines, headquartered in Salisbury, Mary-land, to provide GPS-based Flight Management Systems (FMS) for retrofit to their Dash 8 series 100 fleet. This contract is in addition to a previous award to provide Multi-function Displays for this same fleet. The new FMS will support operations with all procedural leg types in accord-ance with ARINC 424. This sophisticated capability allows flying the most complex procedures, such as a heading to altitude, precision arc, procedure turn, holding pattern and more – all the necessary maneuvers required to accurately fly SIDs, STARs and approaches. The Flight Planning function is designed to provide the pilot with the quickest, most efficient means of creating a flight plan, and the most pilot-friendly method of altering the flight plan elements as desired or as required by Air Traffic Control (ATC). The integration through Field Aviation’s Supplemental Type Certificate (STC) package supports future systems growth flexibility, as Piedmont’s busi-ness and operational needs dictate. Modifications will be completed in 2015.

Piedmont Airlines’ Dash 8 Photo: Universal Avionics

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WEEKLY AVIATION HEADLINES

FINANCIAL NEWS

was US$792.3m, up US$75.1m or 10% versus 2013, reflecting higher total revenues exclud-ing amortization of net lease discounts and lease incentives of US$83.7m, partially offset by lower gains from the sale of flight equip-ment of US$14.1m. Adjusted net income for the full year was US$167.6m compared to US$59.3m in 2013, an increase of US$108.4m.

Virgin America reports full year 2014 net earnings of US$84.4m

Virgin America reported fourth quarter 2014 operating income of US$34.2m and net in-come of US$28.1m, excluding special items. This represents the highest net income for a fourth quarter in Company history and the ninth consecutive quarter of year-over-year improvement in income, excluding special items. On a GAAP basis, operating and net in-

come for the fourth quarter of 2014 and 2013 were US$10.1m and US$3.9m, respectively. 2014 full year net income of US$84.4m, ex-cluding special items. Net income increased by US$74.2m over 2013 – a seven-fold increase, and was the highest in the Company’s histo-ry. Operating and net income on a GAAP ba-sis for the full year 2014 were US$96.4m and US$60.1m, respectively.

Astronics Corporation reports 2014 fourth quarter sales of US$166.1m and net income of US$18.4m

Astronics Corporation, a leading provider of advanced technologies for the global aero-space, defense, consumer electronics and semiconductor industries, released that consolidated sales increased US$60.6m to US$166.1m, compared with the same period

SNC acquires 328 Support Services GmbH

Sierra Nevada Corporation (SNC) has complet-ed acquisition of a UK- and Germany-based aircraft company, 328 Support Services GmbH (328), owner of the type certificate and intel-lectual property (IP) rights for design, manu-facturing, maintenance and certification of the 200 existing Dornier 328 (D328) prop and jet aircraft. In addition, SNC holds IP rights and supplemental type certificates (STC’s) for mod-ernization technologies that allow the Dornier 328 aircraft to be used by the U.S. for multi-mission applications ranging from transport and cargo to surveillance and medical use. SNC is making a major investment in European markets to expand globally through modern commercial aircraft technologies. During the past decade alone, SNC’s combined capabili-ties have grown to include design, manufac-turing, modification, certification (FAA, EASA and military), integration and support of ap-proximately 400 aircraft for customers world-wide. 328 is headquartered in London with its main operations at Oberpfaffenhofen Airport, near Munich, Germany. It employs more than 150 aviation experts. The 328 management team has significant, relevant experience in customer support, aircraft completions and VIP/Corporate operations, as well as business growth and improvement strategies. SNC an-ticipates a close working relationship between 328 and its subsidiary, Kansas-based 3S Engi-neering, in the areas of design and type cer-tification.

Aircastle reports fourth quarter and full year 2014 results

Aircastle reported total revenues for the fourth quarter were US$238.3m, an increase of US$46.3m, or 24% from the previous year, driven by higher maintenance revenues of US$27.6m, reflecting the early return of sever-al aircraft on lease with Russia-based airlines and higher lease rentals of US$8.9m. Adjusted EBITDA for the fourth quarter was US$233.2m, up US$37.2m, or 19% from the fourth quar-ter of 2013, due primarily to higher total rev-enues, excluding amortization of net lease dis-counts and incentives, of US$38.3m. Adjusted net income for the quarter was US$80.1m, up US$25.2m or 46%, year over year. Total revenues for 2014 were US$818.6m, an in-crease of US$110.0m, up 16% from the pre-vious year. The increase reflects higher lease rental and finance lease revenue of US$64.5m, higher maintenance revenue of US$19.7m and lower amortization of lease premiums, dis-counts and lease incentive amortization of US$26.2m. Adjusted EBITDA for the full year

Chameleon and Flying Service collaborate to create “ESP”, the new economy seat

Chameleon Products, a special-ist interior supplier and Flying Service, a UK-based Aircraft seat manufacturer, who have been producing seats for over 50 years, have collaborated to produce a new economy seat called ESP. The ESP (Extend-able Seat Product) converts from a standard economy seat into a lounger seat which ena-bles passengers to lie flat in a sleeping position or to relax with other travelling compan-ions or family. The seat which has been produced can also be used to differentiate new areas in the cabin and provide new revenue streams for airlines, by allowing them to utilise unsold seat places on flights offering the “ESP” option or by offer-ing “ESP” as a part of a reward or upgrade package. The ESP seat can be produced for any aircraft type and certification is about 12 weeks. The product can quickly enter service with A330 operators in particular as Flying Service already have a 16G A330 approved stand-ard economy seat at a 34 inch pitch. However the ESP seat has been designed to go into a 29 inch pitch allowing more seats to be put into the aircraft. The seat, when not in its ESP mode, can be used as a normal economy seat. New economy seat ESP as standard and ESP as lounger

Photo: Chameleon Products

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WEEKLY AVIATION HEADLINES

FINANCIAL NEWS

OTHER NEWS

Air Canada has been advised by UNITE, the union representing the airline’s U.K.-based employees that its members have ratified a new collective agreement reached on January 30th, 2015. The new agreement is in effect un-til December 31st, 2019. UNITE represents ap-proximately 200 Air Canada concierge service, cargo and clerical staff based in the United Kingdom. This agreement with UNITE follows on the conclusion in October 2014 of a new agreement with Air Canada’s pilots on collec-tive agreement terms for ten years. Earlier in February, Air Canada also reached a tentative collective agreement with the International Brotherhood of Teamsters (IBT) representing its U.S. workforce.

The new Eurowings will have its first base outside Germany in Vienna. Following close consultation with Austrian Airlines and at the carrier’s own request, two Airbus A320 air-craft are to be stationed there initially, offer-ing point-to-point connections on European routes. The aircraft are to fly in the colors of the new Eurowings. It is planned to staff the aircraft with crews from Austrian Airlines. This partnership is possible as a result of Austrian’s new collective agreement, which was entered into in December 2014 and which offers ad-ditional prospects to the 900 pilots and 2,300 flight attendants. The agreement also means that employees are making an important contribution to the future viability and com-petitiveness of Austrian Airlines. With the new Eurowings brand, the Lufthansa Group is entering new markets in the price-sensitive leisure travel sector, thereby safeguarding its leading position in its home markets of Ger-many, Austria, Switzerland and Belgium. By the end of 2015, Eurowings and Germanwings, along with other European airlines, are to be united on a joint platform and should acquire new customers by offering low-cost short- and long-haul services, in doing so providing qual-ity at low prices.

Following approval by the European Aviation Safety Agency (EASA), Lufthansa LEOS, a subsid-iary of Lufthansa Technik AG, has commenced operations with the innovative TaxiBot aircraft tractor, developed by Israel Aerospace Indus-tries (IAI) with Lufthansa LEOS’ extensive sup-port and cooperation. After extensive testing, the TaxiBot will now be used in real flight op-erations at Frankfurt Airport. At a media event held at Frankfurt Airport on February 19th, the TaxiBot’s towing procedures were demon-strated for local and international journalists, while taxiing a Lufthansa Boeing 737 to the take-off position. TaxiBot (NB) is a towbar-less 800-hp strong hybrid-electric aircraft tractor, controlled by the pilot and intended for tow-ing aircraft between the gate and the runway

MILITARy AND DEFENCE

Northrop Grumman delivers 1,000th dis-tributed Aperture System for the F-35

Northrop Grumman recently supplied the 1,000th AN/AAQ-37 Distributed Aperture Sys-tem (DAS) sensor for integration on the F-35 Lightning II aircraft. The six infrared DAS sen-sors on the F-35 provide full spherical situ-ational awareness to the pilot, day and night. The DAS provides a revolutionary capability to autonomously detect and track aircraft and missiles in every direction, while projecting video directly into the pilot’s helmet mounted display and eliminating cockpit obscurities. With DAS, the pilot has an unprecedented view and awareness of the surrounding world. In flight testing, the DAS has demonstrated the ability to expand into additional missions and platforms, including ballistic missile defense, hostile ground fire detection and unmanned aircraft operations. DAS flight demonstrations have included tracking a rocket to over 800 miles (1300km) distance.

JBT Corporation wins US$6m engineering order for aviation support equipment

JBT Corporation has been awarded an engi-neering contract for over US$6m from the U.S. Navy for mobile power equipment. The con-tract is for engineering and prototype design work for a new-generation mobile shipboard power generator equipment for Navy and Marine Corps aircraft to be based on aircraft carriers and amphibious assault ships. In ad-

in the prior year. The 2014 fourth quarter included US$43.7m in incremental sales for acquired businesses. Organic sales increased US$16.9m, or 16.1%. Aerospace segment sales increased US$25.9m to US$128.6m and Test Systems segment sales increased US$34.7m to US$37.5m. Consolidated gross margin was 25.6% compared with 23.9% in the fourth quarter of 2013. Margins expanded on leverage achieved from increased organic sales volume and lower expense related to the fair value step-up of inventory from acquired businesses which was somewhat offset by higher engineering and development (“E&D”) costs. Expense related to the fair value step-up of inventory from acquired businesses was US$0.8m and US$3.5m in the 2014 and 2013 fourth quarters, respectively. E&D costs were US$19.7m, which included US$3.8m for acquired businesses. E&D costs in the prior year’s fourth quarter were US$14.3m.

dition to being efficient, economical and en-vironmentally friendly, the Navy’s specifica-tions require JBT to meet military standards for equipment built to withstand the effects of shipboard shock and vibration, temperature extremes, humidity and salt spray, and elec-tro-magnetic interference (EMI). This contract order is the first phase of a larger potential multi-year equipment contract. The order was received in the first quarter of 2015, with de-livery on the project expected to be initiated in 2016.

AgustaWestland received approval for the FlightSafety International Learning Centre in Lafayette, Louisiana, USA as an AgustaWest-land Authorised Training Centre. FlightSafety International has been providing AW139 Train-ing since May, 2013. Courses for the popular AW139 intermediate helicopter delivered from the Learning Centre benefit from an AW139 Level D qualified Full Flight Simulator which features FlightSafety’s electric motion and control loading technology and new VI-TAL 1100 visual system. The advanced VITAL 1100 visual system provides highly realistic visuals designed for comprehensive training scenarios. It is optimized for training low level flight operations, offers increased scene con-tent, vastly improved weather features and enhanced levels of detail for optimum cueing. VITAL 1100 delivers the ability for helicopter pilots and crews to be completely immersed in all training requirements. The level D device is complemented by a comprehensive suite of courseware and training aids. The establish-ment of FlightSafety by AgustaWestland as an Authorised Training Centre represents the Company’s commitment to strong training partnerships and to its expanding global sup-port and training services.

C&L Aerospace has been appointed a sales and service center under the Michelin Alli-ance Partner Program. Aside from warehous-ing Michelin’s full line of tires for regional and business jet aircraft at their three stocking locations, C&L Aircraft Services will provide tire and installation services at their expand-ed 120,000 square-foot complex in Bangor, Maine. C&L will also install Michelin tires on all of their overhauled wheel assemblies. C&L Aerospace is a leader in both the regional and business jet industries in servicing, maintain-ing, and supporting carriers. In addition to air-craft and engine sales and leasing programs, C&L Aerospace offers parts support, heavy maintenance, interior refurbishment, aircraft painting, aircraft teardown, disassembly ser-vices, and aircraft management.

8-10 March 2015JW Marriott Desert RidgePhoenix, AZ, USA

ISTAT Americas is the aviation industry’s premier conference for manufacturers, appraisers, financiers, lessors, airline personnel, fleet managers and remarketers.

Register today: www.istat.org/americas.

International Society of Transport Aircraft Trading

11

WEEKLY AVIATION HEADLINES

• Universal Asset Management (UAM), a leader in aviation asset management, air-craft disassembly and commercial aviation aftermarket component sales, announced the promotion of Troy Molitor to Vice President of Strategic Markets. Troy joined UAM in August 2014 from ILFC where he was the Vice President of Technical Aircraft Lease Negotiations and Airline Transfers. In his new position, Troy will be responsible for leveraging opportunities with airlines, MROs and OEMs worldwide to further enhance the already growing footprint of UAM’s international clientele by embed-ding UAM in strategic markets worldwide for major assets such as landing gear, thrust reversers, inlet cowls and flight controls.

• Lockheed Martin has appointed Rodney A. Makoske, to Senior Vice President, Cor-porate Engineering, Technology, and Op-erations and a Corporate Officer, and Dana (Keoki) Jackson as Vice President and Chief Technology Officer (CTO). Both appoint-ments are effective immediately and follow the retirement of Ray Johnson on February 1st, 2015.

• Etihad Airways, the national airline of the United Arab Emirates, has ap-pointed Ulf Hütt-meyer as its Senior Vice President, Fi-nance Equity Part-ners, effective April

1st, 2015. Mr Hüttmeyer joins the Abu Dhabi-based airline from airberlin where he held the position of Chief Financial Officer for the past nine years. Mr Hüttmeyer was one of the architects of the 2011 transac-tion in which Etihad Airways became a mi-nority equity investor in airberlin. The new role will see Mr Hüttmeyer work closely with Etihad Airways’ equity partner airlines, lead the profitability analysis in Etihad Air-ways, and build key relationships with glob-al suppliers.

• Avtrade announced the latest stage of its strategic sales restructure, with the ap-pointment of Brian McGuinness as the new Stock/AOG Sales Director. As part of this role, Brian will be managing the Avtrade AOG team, responsible for exceptional AOG support and service to all customer ac-counts and ensuring greater stock availabil-ity for fast and effective responses to AOG enquiries 24/7, 365 days a year. An estab-lished aviation professional, Brian boasts a wealth of industry experience with a career in aviation spanning over 15 years.

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with the aircraft’s engines turned-off. Accord-ingly, a memorandum of understanding was signed between Lufthansa LEOS and IAI for wide body aircraft certification testing. The test phase will be performed using a Boeing 747-400 and is expected to be completed by the end of 2015.

Air China’s third nonstop service between Los Angeles and Beijing will start on May 2nd, 2015. Consul General Jian Liu of the Chinese Consulate General of the People’s Republic of China; Los Angeles City Councilmember Mike Bonin and Los Angeles World Airports’ Deputy Executive Director Samson Mengistu welcomed the news of the expanded services from China’s exclusive national flag carrier. Air China’s third service will start with four flights per week on May 2nd, 2015 and will increase to daily on July 1st, 2015. Dr. Chi also an-nounced Air China’s move from Terminal 2 at LAX to Tom Bradley International Terminal on July 1st, 2015. According to the United Nations World Tourism Organization, 100 million Chi-nese are expected to travel overseas in 2015 and Los Angeles is one of their top favorite destinations.

INDUSTRY PEOPLE

OTHER NEWS

Routes AsiaMarch 15, 2015 – March 17, 2015InterContinental Kunming

Operating Lease Masterclass (Advanced) 2015March 23, 2015 – March 24, 2015Park Plaza, County Hall London

Routes EuropeApril 12, 2015 – April 14, 2015Aberdeen Exhibition & Conference Centre

MRO Americas 2015April 14, 2015 – April 16, 2015Miami Beach Convention Center

EASA & Continuing Airworthiness Seminar 2015April 20, 2015 – April 20, 2015The Spencer, Dublin

THEAIRCRAFTANDENGINEMARKETPLACE Page 1 of 4

Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone

A319-112 Doric CFM56-5B6/3 3589 2008 Mar 2015 Sale / Lease Maurick Groeneveld maurick.groeneveld@doric.com +49.69.24755942

A319-112 Doric CFM56-5B6/3 3818 2009 Mar 2015 Sale / Lease Maurick Groeneveld maurick.groeneveld@doric.com +49.69.24755942

A319-133 Amentum Capital V2527M-A5 3705 2008 Now Sale / Lease Stephanie Sanford marketing@amentum-capital.com +353 16310333

A320-200 ORIX Aviation V2527-A5 2651 2006 Q1/2016 Sale / Lease Daniel Cunningham daniel.cunningham@orix.ie +353 871774524

A320-200 GA Telesis V2500-A1 53 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321

A320-200 GA Telesis V2500-A1 54 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321

A320-200 GA Telesis V2500-A1 64 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321

Commercial Jet Aircraft

February 23, 2015

A321 GA Telesis CFM56-5B2/P 434 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321

A321-100 GA Telesis CFM56-5B2 494 1993 Q1/2015 Sale Stefanie Jung sjung@gatelesis.com +1 954-958-1321

A321-100 GA Telesis CFM56-5B2 515 1995 Q1/2015 Sale Stefanie Jung sjung@gatelesis.com +1 954-958-1321

A330-223 Amentum Capital PW4168A 970 2008 Now Sale / Lease Stephanie Sanford marketing@amentum-capital.com +353 16310333

A330-223 Amentum Capital PW4168A 943 2008 Mar 2015 Sale / Lease Stephanie Sanford marketing@amentum-capital.com +353 16310333

A330-223 Amentum Capital PW4168A 962 2008 Mar 2015 Sale / Lease Stephanie Sanford marketing@amentum-capital.com +353 16310333

A330-223 Amentum Capital PW4168A 979 2009 Oct 2015 Sale / Lease Stephanie Sanford marketing@amentum-capital.com +353 16310333

A340-200 GA Telesis CFM56-5C3/F 14 Sale Stefanie Jung sjung@gatelesis.com +1 954-958-1321

A340-200 GA Telesis CFM56-5C3/F 22 Sale Stefanie Jung sjung@gatelesis.com +1 954-958-1321

B737 300 Phoenix Aer Capital CFM56 3 24532 Now Sale Bob Gallagher r gallagher@aircraftsystemsgroup com +1 727 376 0292B737-300 Phoenix Aer Capital CFM56-3 24532 Now Sale Bob Gallagher r.gallagher@aircraftsystemsgroup.com +1 727-376-0292

B737-300 Phoenix Aer Capital CFM56-3 24666 Now Sale Bob Gallagher r.gallagher@aircraftsystemsgroup.com +1 727-376-0292

B737-300F ORIX Aviation CFM56-3B2 24711 1990 Q1/2015 Sale / Lease Cian Coakley cian.coakley@orix.ie +353 877760451

B737-400 Wing Capital CFM56-3C1 26066 Jan 2015 Sale / Lease Ben Jacques bjacques@wngcapital.com +353 766025252

B737-400 World Star Aviation Services CFM56-3C1 24706 1991 Now Sale / Lease Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456

B737-400 World Star Aviation Services CFM56-3C1 28550 1997 Jan 2015 Sale / Lease Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456

B737-400 Safair Operations Combi 26961 C. Schoonderwoerd corneliss@safair.co.za +27 11 928 0000

B737-500 World Star Aviation Services CFM56-3B1 26297 1994 Now Sale / Lease Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456

B737-700 ORIX Aviation CFM56-7B20/3 34693 2007 Q1/2016 Lease Cian Coakley cian.coakley@orix.ie +353 877760451

B737-700 ORIX Aviation CFM56-7B20/3 35132 2007 Q1/2016 Lease Cian Coakley cian.coakley@orix.ie +353 877760451

Mar15 ACMI/Wet lease/Sale

y y@

B737-800 ORIX Aviation CFM56-7B24 34182 2006 Q4/2015 Sale / Lease Cian Coakley cian.coakley@orix.ie +353 877760451

B737-800 (5) Wing Capital CFM56-7B26 various 7-12/2015 Lease Ben Jacques bjacques@wngcapital.com +353 766025252

B747-400 GA Telesis PW4056 28754 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321

B747-400 GA Telesis airframe only 24993 1991 Q1/2015 Sale Stefanie Jung sjung@gatelesis.com +1 954-958-1321

B747-400 GA Telesis airframe only 27093 1992 Q1/2015 Sale Stefanie Jung sjung@gatelesis.com +1 954-958-1321

B747-400ERF Amentum Capital CF6-80C2B5F 37303 2009 Now Sale / Lease Stephanie Sanford marketing@amentum-capital.com +353 16310333

B747-400SF Wing Capital P&W 24998 Now Sale / Lease Ben Jacques bjacques@wngcapital.com +353 766025252

B757-200 World Star Aviation Services RB211-535-E4 24544 1990 Now Sale / Lease Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456

B767-200ER Castlelake CF6-80C2B2 23900 1987 Feb 2015 Sale / Lease Joe Giarritano joe.giarritano@castlelake.com +1 612 851 3032

B767 200ER C tl l k CF6 80C2B2 23901 1987 Q1/Q2 S l / L J Gi it j i it @ tl l k 1 612 851 3032B767-200ER Castlelake CF6-80C2B2 23901 1987 Q1/Q2 2015

Sale / Lease Joe Giarritano joe.giarritano@castlelake.com +1 612 851 3032

B767-200ER Castlelake CF6-80C2B2 23902 1988 Q1/Q2 2015

Sale / Lease Joe Giarritano joe.giarritano@castlelake.com +1 612 851 3032

B767-200ER Castlelake CF6-80C2B2 26847 1993 Q1/Q2 2015

Sale / Lease Joe Giarritano joe.giarritano@castlelake.com +1 612 851 3032

B767-200ER Castlelake CF6-80C2B2 24764 1990 Q1/Q2 2015

Sale / Lease Joe Giarritano joe.giarritano@castlelake.com +1 612 851 3032

B767-200ER Castlelake CF6-80C2B2 24765 1990 Q1/Q2 2015

Sale / Lease Joe Giarritano joe.giarritano@castlelake.com +1 612 851 3032

B767-300ER ORIX Aviation PW4060 25285 Q1/2015 Lease Cian Coakley cian.coakley@orix.ie +353 877760451

DC10-30F Bristol Associates CF6-50C2 47925 1974 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

DC10-30F Bristol Associates CF6-50C2 47929 1975 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

L100-30 Safair Operations 501-D22 C. Schoonderwoerd corneliss@safair.co.za +27 11 928 0000Now - Wet Lease / ACMI

Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone

MD82 GA Telesis JT8D-200 53027 1990 Now Sale Stefanie Jung sjung@gatelesis.com +1 954-958-1321

MD82 GA Telesis JT8D-200 49991 1990 Now Sale Stefanie Jung sjung@gatelesis.com +1 954-958-1321

MD82 GA Telesis JT8D-200 53025 1990 Now Sale Stefanie Jung sjung@gatelesis.com +1 954-958-1321

ERJ-135ER Bristol Associates 145176 1999 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

ERJ-135ER Bristol Associates 145186 1999 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

ERJ-135ER Bristol Associates 145192 1999 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

ERJ-135LR Bristol Associates 145332 2000 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

ERJ 135LR B i t l A i t 145334 2000 N S l / L Ed M N i / P t S idlit b i t l@b i t l i t 1 202 682 4000

Regional Jet / Turboprop Aircraft

ERJ-135LR Bristol Associates 145334 2000 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

ERJ-135LR Bristol Associates 145323 2000 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

February 23, 2015

www.gatelesis.com

Component solutions you can trust with the world’smost powerful independent rotable inventory

THEAIRCRAFTANDENGINEMARKETPLACE Page 2 of 4

Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone

ERJ-145ER GA Telesis 145049 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321

ERJ-145ER GA Telesis 145052 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321

ERJ-145ER GA Telesis 145054 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321

ERJ-145ER GA Telesis 145056 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321

ERJ-145ER GA Telesis 145057 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321

ERJ-145ER GA Telesis 145045 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321

ERJ 145ER GA T l i 145063 1998 N S l / L St f i J j @ t l i +1 954 958 1321

Regional Jet / Turboprop Aircraft (cont.)

February 23, 2015

ERJ-145ER GA Telesis 145063 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321

ERJ-145ER GA Telesis 145071 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321

ERJ-145ER GA Telesis 145067 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321

Contact Email Phone

Sherry Riley engine.leasing@gecas.com +1(513)782-4272

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Magellan Aviation Group

CF34 Engines

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(1) CF34-8E5A1 Now - Lease AeroCentury Frank Pegueros frank.pegueros@aerocentury.com +1 650 340 1888

Sherry Riley engine.leasing@gecas.com +1 (513) 782-4272

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(2) CF6-80C2A5 Apollo Aviation Group Erik Castillo erikc@apollo.aero +1 (305) 579-2340

(1) CF6-80C2B4

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Now - Sale / Lease

Willis Lease

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Taking Aviation Forward, LLC

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CF34-8E(s)

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CF6 Engines

GECAS Engine Leasing

( ) @ g

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(1) CF6-80C2B7F Now - Lease Ann Lee alee@willislease.com +1 (415) 408 4769

(1) CF6-80C2B6F Now - Lease

CF6-50E2 (multiple) Now - Sale / Lease Commercial Aircraft Services Brian Cooper brian@casi.aero +1 208-899-1915

(1) CF6-80C2B1F Now - Sale / Lease AerSale. Inc. Matthew White matthew.white@aersale.com +353 1475 3005

(1) CF6-80C2B6F Now - Sale / Lease Steven Boecker steven.boecker@aersale.com +1 305 815-9855

(1) CF6-80C2B7F Now - Sale / Lease Matthew White matthew.white@aersale.com +353 1475 3005

(3) CFM56-3C1 Now - Sale / Lease Wing Capital Ben Jacques bjacques@wngcapital.com +353 766025252

(2) CF6-80C2BXF Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst lee.whitehurst@tes-uk.com + 44 (0) 7760884250

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(1) CF6-80C2B1F Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress.com +1 305-520-2349

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(1) CF6-80C2B1F AeroTurbine Elizabeth Peters epeters@aeroturbine.com +1 (214) 263-1173

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(2) CF6-80C2B6F Now - Lease Andrew McCain amccain@aeroturbine.com +1 (786) 879-0830

(1) CF6-80C2B6 PMC Now - Sale / Lease GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111

(1) CF6-80C2B4 Now - Sale / Lease

(1) CF6-80C2B7F Now - Sale / Lease

(2) CF6-80C2B7F Now - Lease Engine Lease Finance Joe Hussar joseph.hussar@elfc.com +1 (617)828-3569

Now - Sale / Exchange

February 23, 2015

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THEAIRCRAFTANDENGINEMARKETPLACE Page 3 of 4

Contact Email Phone

CFM56-3C1 (SV) Now - Sale / Lease TrueAero, LLC Brent Corrie bcorrie@trueaero.com +1 561-310-3242

(1) CFM56-5C4/P Now - Sale / Lease

(2) CFM56-5A3 Now - Sale Aeronautics Fund Jerome Guichard jg@afd.aero +33 6 88 92 28 54

(1) CFM56-7B27 Now - Lease Engine Lease Finance Joe Hussar joseph.hussar@elfc.com +1 617 828-3569

(1) CFM56-5B1/P Now - Lease

(1) CFM56-5A3 Now - Sale / Lease World Star Aviation Services Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456

(1) CFM56-3B1 Now - Sale / Lease

CompanySale / Lease

Commerical Engines (cont.)

CFM56 Engines

(1) CFM56 3B1 Now Sale / Lease

(1) CFM56-3C1 Now - Sale / Lease

(2) CFM56-3C1 Now - Sale / Lease Frank Rustmeier frank@royalaero.com +49 (0)8025 99360

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(2) CFM56-5B4P Now - Sale / Lease

(1) CFM56-5C4 Now - Sale / Lease

(3) CFM56-5A1 Now - Sale / Lease GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111

(1) CFM56-3C1 Now - Sale ORIX Aviation D. Cunnigham +353 871774524

(1) CFM56-3C1 Now - Sale Mike Visconti mike@avvenireservices.comn +1 305 753-6106

(1) CFM56-3B2 Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress.com +1 305-520-2349

Royal Aero

(1) CFM56-3C1 Now - Sale / Lease

(1) CFM56-7B27/3B1F Now - Sale/Lease/Exch. AerSale. Inc. Alan Kehoe Alan.Kehoe@aersale.com +353 879 393 534

(1) CFM56-5A3 Now - Lease

(1) CFM56-3C1 Now - Lease

(4) CFM56-3B1/C1 Now - Sale/Lease/Exch. Bill Polyi bill.polyi@magellangroup.net +1 (704) 504 9204 x202

(6) CFM56-3C1 Now - Sale/Lease/Exch. Lufthansa Technik Airmotive Irel. Alan Phelan engines@ltai.ie +353-87-2786738

(1) CFM56-3B2 Now - Sale/Lease/Exch.

(2) CFM56-7B Now - Sale / Lease Castlelake Neil McCrossan neil.mccrossan@castlelake.com +44-207-190-6119

(1)CFM56-5C3F Now - Sale / Lease

(1) CFM56-5B Now - Sale/Lease/Exch Werner Aero Services Cliff Topham ctopham@werneraero com +1-703-402-7430

Magellan Aviation Group

(1) CFM56-5B Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham ctopham@werneraero.com +1-703-402-7430

(1) CFM56-7B Now - Sale/Lease/Exch.

Ivan Graydon marketing@ses.ie + 353 61 70 6463

CFM56-5B(s)

Ann Lee alee@willislease.com +1 (415) 408 4769

(2) CFM56-5B4/3 Now - Lease

(1) CFM56-5B4/P Now - Lease

(2) CFM56-7B24/3 Now - Lease

Now - Sale/Lease/Exch.

Now - Lease

Now - Sale/Lease/Exch.

Now - Sale/Lease/Exch.

Now - Sale/Lease/Exch.

CFM56-7B(s)

(2) CFM56-7B24 (Non-TI)

CFM56-3(s)

CFM56-5A(s)

Willis Lease

SES

(1) CFM56-5A3 Now - Lease

(1) CFM56-5C4/P Now - Lease

(3) CFM56-3C1 Now - Sale / Exchange AeroTurbine Elizabeth Peters epeters@aeroturbine.com +1 (214) 263-1173

(2) CFM56-5A1F Now - Lease or

(2) CFM56-3C1 Now - Lease Andrew McCain amccain@aeroturbine.com +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 5A3 N S l / L A ll A i ti G E ik C till ik @ ll +1 (305) 579 2340(1) CFM56-5A3 Now - Sale / Lease Apollo Aviation Group Erik Castillo erikc@apollo.aero +1 (305) 579-2340

(3) CFM56-5C4 Now - Sale / Lease

(2) CFM56-7B Now - Sale / Lease

(7) CFM56-3B2 Now - Sale / Lease

(1) CFM56-3B1 Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst lee.whitehurst@tes-uk.com + 44 (0) 7760884250

(1) CFM56-3C1 Now - Sale/Lease/Exch.

Sherry Riley engine.leasing@gecas.com +1(513)782-4272

Contact Email Phone

(5) JT8D-200 Now - Sale GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111

Contact Email PhonePW Small Engines Sale / Lease Company

Now - Sale(2) CFM56-5A

Company

GECAS Engine Leasing

JT8D Engines Sale / Lease

Contact Email Phone

PW121 Bill Polyi bill.polyi@magellangroup.net +1 (704) 504 9204 x202

PW123

PW125B

PW127E/F/M

PW150A

(2) JT9D7R4 Now - Sale / Lease Phoenix Aer Capital Bob Gallagher REG@PACLLC.AERO +1 727-376-9292

PW Small Engines Sale / Lease Company

PW124B

Now - Sale/Lease/Exch.

Now - Sale/Lease/Exch.

Now - Sale/Lease/Exch.

Magellan Aviation Group

Now - Sale/Lease/Exch.

Now - Sale/Lease/Exch.

Now - Sale/Lease/Exch.

February 9, 2015February 9, 2015

Engines available for sale or lease?To list your equipment in AviTrader´s weekly marketplace please contact Jenny Falk.Email: jenny.falk@avitrader.com   Phone: +49 (0)8761  346007     

THEAIRCRAFTANDENGINEMARKETPLACE Page 4 of 4

Contact Email Phone

(3) PW121 (ATR) Now - Sale/Lease/Exch. David Desaulniers ddesaulniers@willislease.com +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.

( ) S / /

PW Small Engines

Willis Lease

Sale / Lease

Commerical Engines (cont.)

Company

February 23, 2015

(1) PW150A Now - Sale/Lease/Exch.

(1) PW121 Now - Sale / Lease Royal Aero Frank Rustmeier frank@royalaero.com +49 (0)8025 99360

(1) PW150A Now - Sale GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111

Contact Email Phone

(1) PW2037 Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress.com +1 305-520-2349

(1) PW2037 Now - Sale / Lease GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111

(3) PW2037 Now - Sale / Exchange AeroTurbine Elizabeth Peters epeters@aeroturbine.com +1 (214) 263-1173

Contact Email Phone

(5) PW4056-1 Now - Sale/Lease/Exch. GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111

(2) PW4060-3 ETOPS Now - Sale/Lease/Exch.

PW2000 Engines Company

PW4000 Engines

Sale / Lease

Sale / Lease Company

(2) PW4060 3 ETOPS Now Sale/Lease/Exch.

PW4056-3 Now - Sale/Lease/Exch. Bill Polyi bill.polyi@magellangroup.net +1 (704) 504 9204 x202

or Tom Leimkuhler tom.leimkuhler@magellangroup.net +1 (704) 504 9204 x256

(1) PW4056-3 Now - Sale / Lease Apollo Aviation Group Erik Castillo erikc@apollo.aero +1 (305) 579-2340

(2) PW4056-3 Now - Sale / Exchange AeroTurbine Elizabeth Peters epeters@aeroturbine.com +1 (214) 263-1173

(1) PW4060-3 Dec 14 - Sale / Lease Royal Aero Frank Rustmeier frank@royalaero.com +49 (0)8025 99360

(4) PW4056 Now - Sale / Lease Wing Capital Ben Jacques bjacques@wngcapital.com +353 766025252

(1) PW4056-3 Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress.com +1 305-520-2349

(2) PW4060-3 Now - Sale / Lease AerSale. Inc. Matthew White matthew.white@aersale.com +353 1475 3005

(1) PW4056-3 Now - Sale / Lease Alan Kehoe Alan.Kehoe@aersale.com +353 879 393 534

(3) PW4168A Now Sale/Lease/Exch TES Aviation Group Lee Whitehurst lee whitehurst@tes uk com + 44 (0) 7760 884250

Magellan Aviation Group

(3) PW4168A Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst lee.whitehurst@tes-uk.com + 44 (0) 7760 884250

Now - Sale / Lease IAI Michal Bulvik mbulvik@iai.co.il +972-3-9353612

(1) PW4060 Q1/2015 - Lease ORIX Aviation Cian Coakley cian.coakley@orix.ie +353 877760451

(1) PW4168A Now - Lease Willis Lease Ann Lee alee@willislease.com +1 (415) 408 4769

(1) PW4168A Now - Sale / Lease Engine Lease Finance Joe Hussar joseph.hussar@elfc.com +1 (617)828-3569

Contact Email Phone

(1) RB211-524 Now - Sale / Lease AerSale. Inc. Matthew White matthew.white@aersale.com +353 1475 3005

(1) RB211-535E4 Feb 15 - Sale / Lease

(2) RB211-535E4 /12B Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst lee.whitehurst@tes-uk.com + 44 (0) 7760 884250

Contact Email Phone

CompanySale / Lease

Sale / Lease Company

RB211 Engines

Trent Engines

(1) PW4060C-1C

(2) Trent 800 Now - Sale / Lease GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111

(1) Trent 884 Now - Sale / Lease Apollo Aviation Group Erik Castillo erikc@apollo.aero +1 (305) 579-2340

Contact Email Phone

(1) V2527-A5 Now - Lease Willis Lease Ann Lee alee@willislease.com +1 (415) 408 4769

(1) V2533-A5 Now - Lease

(1) V2527-A5 Now - Sale/Lease/Exch. Elizabeth Peters epeters@aeroturbine.com +1 (214) 263-1173

(2) V2533-A5 Now - Sale/Lease/Exch. or Andrew McCain amccain@aeroturbine.com +1 (786) 879-0830

1) V2533-A5 w/QEC Now - Lease Rolls-Royce & Partners Finance Bobby Janagan bobby.janagan@rolls-royce.com +44 20 7227 9078

(1) V2527-A5 w/QEC Now - Lease

V2500-A5 Now - Sale/Lease/Exch. Bill Polyi bill.polyi@magellangroup.net +1 (704) 504 9204 x202Magellan Aviation Group

V2500 Engines Sale / Lease Company

y p y @ g g p ( )

(1) V2527 Now - Sale / Lease TrueAero, LLC Brent Corrie bcorrie@trueaero.com +1 561-310-3242

(1) V2533-A5 Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham ctopham@werneraero.com +1-703-402-7430

(1) V2527-A5 Now - Lease Engine Lease Finance Joe Hussar joseph.hussar@elfc.com +1 617 828-3569

(1) V2533-A5 Now - Sale / Lease

Description Contact Email Phone

A320 Fresh Part-out Now - Sale TrueAero, LLC Raul Miro/Dave Walters sales@trueaero.com +1 772-925-8026

A320 Landing Gear with Fresh Tags Now - Sale

737 500 Fresh Part out Now Sale

g p

Aircraft and Engine Parts, Components and Misc. EquipmentCompany

737-500 Fresh Part-out Now - Sale

Now - Lease Willis Lease Ann Lee alee@willislease.com +1 (415) 408 4769

Now - Sale / Lease Phoenix Aer Capital Bob Gallagher REG@PACLLC.AERO +1 727-376-9292

Now - Sale / Lease Werner Aero Services Christopher Farrell cfarrell@werneraero.com +1 201-661-6819

Now - Sale / Lease

Now - Sale Tradewinds Engine Serv. Brad Pleimann bpleimann@tesllc.aero +1 954 421 2510

Now – Lease

Reliance Aircraft Terry Hix thix@relianceaircraft.com +1 512-439-6988

(1) PW901A Now - Lease Lufthansa Technik AERO Alzey Kai Ebach k.ebach@lhaero.com +49-6731-497-368

GTCP131-9B, PW901, (2) GTCP36-300, Now - Sale/Lease/Exch. Aeroturbine Rodney Lee ralee@aeroturbine.com +1 972-813-1176

APU GTCP 131-9B, GTCP 331-500B

GTCP36-300A (P/N 3800278-4)

(1) APU GTCP331-200 and (2) APU APS 2000

737-800 NOSE LANDING GEAR PN 162A1100-5, OH - Now Sale

GTCP131-9A (P/N 3800708-1)

CFM56-5B/5C/7B and V2500-A5 engine stands

CFM56-7B Evol. LPT mod. Ass. 338-092-319-0

, , ( ) , y @

GTCP131-9A, (2) RE220RJ, GTCP331-350C, APS3200

February 23, 2015