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WEEKLY AVIATION HEADLINES

Continued on page 3

Pan-African low cost carrier fastjet has announced a proposed capital raising to raise gross proceeds of £15 million through the issue of new ordinary shares and additional gross proceeds of up to approxi-mately £4.2 million. This is a fresh strategy under new chief executive Nico Bezuidenhout who takes office on August 1.

2015 was a challeng-ing year for fastjet, in which the airline encountered difficult macroeconomic con-ditions in its markets, delays in obtaining flying rights into Kenya, and new international routes performing be-low expectations, as well as various changes to executive management and its board. These challenges contributed to the disappointing fi-

nancial results and poor cash flow, which were set out in the airline’s annual report and accounts in 2015.

Since the launch of fastjet Tanzania in 2012, fastjet has carried over two million passengers. In 2015, over 775,000 passengers were carried, a 30% increase on the prior year.

The trading environment in which the company operates remains challenging. Although the yield per passenger continues to improve from its low point in October 2015, passenger numbers remain lower

than expected. The airline reports that domestic routes within Tanza-nia are showing signs of recovery, however, international services re-main challenging.

Passenger numbers for the half year ended 30 June 2016 were approximately 390,000 (2015:

363,726) but load fac-tors declined to 47%. (2015: 70%) due to the increase in available capacity from the en-larged fleet in the past 12 months. Although the ongoing cost re-duction programme

and the recent reduction in routes and fleet size are yielding material benefits, the Group continues to be cash flow negative and, as previ-ously announced, expects to report

...domestic routes within Tanzania are showing signs of recovery, however, international services remain challenging - fastjet.

WORLD NEWS

Fastjet is seeking

to raise about £19.4m.

Photo: fastjet

ISSN 1718-7966 JuLy 25, 2016/ VOL. 550

Fastjet to raise fresh cash But challenges persist

Brexit causes turbulence for easyjet European carrier easyjet has seen costs go up by £40m in just the last four weeks following Britain’s deci-sion to leave the EU. The “Brexit” vote has resulted in the value of the pound to fall by about 10 percent, making it more expensive for Brit-ons to travel abroad, and prompted consumer uncertainty. Britain is easyJet’s biggest single market. In addition, recent events in Turkey and Nice continue to impact con-sumer confidence, the airline states.

Kuwait approves Jazeera ter-minal buildingJazeera Airways announced that its request for land to build a terminal at Kuwait International Airport has been approved by the Kuwait Coun-cil of Ministers. The terminal is a solution proposed by the airline to help ease the congestion at Kuwait International Airport, the country’s only primary airport, which is cur-rently operating over capacity. The terminal is part of the airline’s ‘Next Big Thing’ series of value boosting projects and initiatives tasked with creating a better travel experience on the ground and in the air.

Delta to upgrade operations at LAXDelta is moving forward with the first steps toward a $1.9 billion plan to modernise, upgrade and connect Terminals 2 and 3 at Los Angeles In-ternational Airport (LAX) over the next seven years. The future pro-ject, enables Delta to build a pre-mier space for its LAX operations alongside its airline partners. The relocation will expand Delta’s gates at LAX commensurate with the air-line’s growth there.

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Boeing forecasts demand for 1,850 new airplanes in India

Boeing forecasts a demand for 1,850 new air-planes in India, valued at US$265bn, over the next 20 years. The company released its annual Current Market Outlook (CMO) for India on July 19, during a briefing in Mumbai. “India contin-ues to have a strong commercial aerospace mar-ket and the highest domestic traffic growth in the world,” said Dinesh Keskar, Senior Vice Presi-dent, Asia Pacific and India Sales, Boeing Com-mercial Airplanes. “With the new aviation poli-cies in place, we see even greater opportunities and remain confident in the market and the air-lines in India.” According to Boeing’s CMO, sin-gle-aisle airplanes such as the Next-Generation 737 and 737 MAX will continue to account for the largest share of new deliveries, with airlines in India needing approximately 1,560 airplanes. These new airplanes will continue to support the growth of low-cost carriers and replace older,

AIRCRAFT & ENGINE NEWS

a trading loss for 2016.

Following a review of the company’s financial performance in 2015 and scrutiny of its operations, the board’s revised business plan which in-cludes input from the new CEO, Nico Bezuidenhout, initially prioritises the initiatives required to stabilise the business in the short term. These include continuing with the cost reduction programme and ensuring careful management of the company’s current cash resources, rational-ising routes to match capacity with demand and paring back expansion, with no new routes expected to launch for the remainder of 2016. A more flexible approach to the traditional low cost carrier model will also be employed. Better alignment of the company’s infrastructure and fleet to its stage of development and ensuring overheads are ap-propriate for the size of fastjet’s operations is essential, in the board’s opinion, to achieving the desired improvement in cost management.

Although the ongoing cost reduction programme and the recent reduc-tion in routes and fleet size are yielding material benefits the Group continues to be cash flow negative. Accordingly the funds raised from this proposed placing will provide the Group with essential working capital and importantly the resources to effect the necessary changes to operations and fleet, to reduce costs further and pursue revenue generating initiatives. In addition, funds received from the open offer

will allow the Board additional flexibility as they execute their new busi-ness plan.

With funding in place, the Board will implement its revised business plan and expects to see future growth as markets improve.

...continued from page 1

fastjet will move its HQ from the UK to Africa. Photo: fastjet

First LEAP-1A-powered A320neo aircraft delivered to Pegasus Airlines

Turkey’s Pegasus Airlines has become the first airline to take delivery of the Airbus A320neo powered by CFM International’s LEAP-1A engines. The delivery was marked by a private celebra-tion at Airbus facilities in Hamburg, Germany, on July 19. Airbus had selected the LEAP-1A as an option for the A320neo in 2010 and the engine flew for the first time on the A320neo on May 19, 2015. The LEAP-powered A320neo received its Type Certification from the European Aviation Safety Agency (EASA) and the U.S. Federal Aviation Administration (FAA) on May 31, 2016.

Pegasus Airlines becomes launch operator for A320neo with CFM engines Photo: Airbus

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less-efficient airplanes. Boeing projects a world-wide demand for 39,620 new airplanes over the next 20 years, with Indian carriers needing more than 4.6% of the total global demand.

Vertis Aviation adds Africa’s second Chal-lenger 350 to South African portfolio

Switzerland-based Vertis Aviation has added a Bombardier Challenger 350 to its South African portfolio. The brand new aircraft, which is only the second of its type to be delivered to the con-tinent, is based in Johannesburg, South Africa at OR Tambo International Airport. It joined the portfolio in June 2016 when it was delivered to Fireblade Aviation, a South African-based char-ter operator and FBO provider. With a potential range of 3200nm, the super-midsized aircraft is ideally placed to meet the growing demand for transcontinental African travel. It is anticipated that the Challenger 350 will prove popular not only with leisure customers, but with interna-tional business travelers needing to benefit from easy access to meetings and roadshows across the continent.

AerCap delivers second Airbus A350 XWB aircraft to Cathay Pacific Airways

AerCap Holdings N.V. has announced the de-livery of a second new Airbus A350-900 to Ca-thay Pacific Airways, on long-term lease from AerCap’s order book with Airbus. This follows delivery of the first A350-900 aircraft to Cathay Pacific in May 2016. AerCap has one of the larg-est Airbus A350 XWB portfolios with a total of five owned and 24 on-order aircraft delivering through 2019. AerCap has now leased two A350 XWB aircraft to Vietnam Airlines, one to Ethio-pian Airlines with a second to follow next month, and two to Cathay Pacific Airways.

Yakutia Airlines first to operate Split Scim-itar Winglets in Russian Federation

Russia’s Yakutia Airlines is the first airline in the Russian Federation to install and operate with Split Scimitar Winglets on its Boeing Next-Gen-

AIRCRAFT & ENGINE NEWSeration 737-800 aircraft leased from Fly Leas-ing Limited. Aviation Partners’ latest winglet design, the Split Scimitar Winglet, uses existing blended winglet technology but adds new aero-dynamic Scimitar tips and a large ventral strake, further increasing the efficiency of the airplane. The Split Scimitar Winglet modification reduces Boeing Next-Generation 737 fuel burn by an ad-ditional 2.5% over the blended winglets alone; together they reduce fuel burn by up to 6.6%. The Split Scimitar Winglet System will reduce ya-kutia’s annual fuel requirements by more than 150,000 liters per aircraft, and their carbon di-oxide emissions by about 380 tonnes per aircraft per year. Additionally, the Split Scimitar Winglet System can increase payload capability by 1.2 tonnes on Yakutia’s longest routes.

AeroVision International sells second fully refurbished ERJ-145EP aircraft to Groupe Transair

AeroVision International (Muskegon, Michigan) has announced the sale of a second fully refur-bished ERJ-145EP aircraft to Groupe Transair, an African carrier based in Dakar, Senegal. The 50-seat aircraft refurbishment was managed to Groupe Transair’s specifications by AeroVision staff members and was painted with a newly de-signed livery. Both aircraft will operate on routes within Western Africa out of Groupe Transair’s Dakar, Senegal hub. With the recent shutdownof Senegal Airlines, Groupe Transair is rebuilding the capacity lost with the closure of Senegal’sformer regional carrier.

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FAA approves Garmin GTX 335 and GTX 345 transponders for Robinson Helicopters

FAA approves Garmin’s GTX 335 and 345 Mode S transponders for use in Robinson R22, R44 and R66 helicopters. The newly approved transpond-ers meet impending ADS-B Out regulations with-out requiring a standalone GPS. The GTX 335 enables owners and operators to meet impend-ing regulations with minimal expense. The GTX 345 goes a step further by adding ADS-B In and

Bluetooth capability. The Garmin GMA 350H au-dio panel has also been replaced with the new Garmin GMA 350Hc. The GMA 350Hc offers the same technology as the GMA 350H but includes Bluetooth wireless connectivity for mobile and compatible portable devices, allowing wireless distribution of music or telephone audio through the aircraft’s audio panel.

GE expands TrueChoice Flight Hour agree-ment with Southwest Airlines CFM56-7B engines

GE has added the CFM56-7B engines that power 83 Southwest Airlines Boeing 737-700 and -800 aircraft to the existing TrueChoice Flight Hour agreement for engine maintenance, repair and overhaul, bringing more than 1,400 CFM56-7B engines operated by Southwest under GE’s Tru-eChoice Flight Hour agreement. The TrueChoice suite of engine maintenance offerings for the commercial aviation industry emphasizes the breadth and depth of capabilities and customi-zation across the entire engine lifecycle.

Monarch Aircraft Engineering extends support for Norwegian

Monarch Aircraft Engineering, the engineering division of Monarch airline group, has signed an agreement with Norwegian to provide line main-tenance services to their Boeing 737NG opera-tion at Birmingham and Manchester Airports. The agreement, which will be ongoing, is an extension to the support that MAEL’s engineering teams currently provide to the low-cost airline’s Boeing 737NG operation at Gatwick. Erik Nordby, Tech-nical Director of Norwegian, said: “This strategic partnership with Monarch Aircraft Engineering is critical to our business in supporting our opera-tions from Birmingham and Manchester.”

Eirtech Aviation ‘Passenger USB Power System’ selected by Privilege Style for B757 and B767 aircraft

The Eirtech Aviation In-Seat Passenger Power System has been selected by Spanish operator, Privilege Style for installation on their B757 and B767 aircraft. The USB charging system allows passengers to charge their smartphones, tab-

MRO & PRODUCTION NEWS

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WEEKLY AVIATION HEADLINES

lets and other portable electronic device during flights. Eirtech Aviation developed the innova-tive power solution in response to the increasing use of personal electronic devices throughout all stages of flight. Designed for easy installa-tion the In-Seat USB Power solution requires no permanent physical modification of the seats and is extremely lightweight at 0.4kg per three-seat configuration. The EASA- and FAA-approved system can be installed on a staged basis which minimizes ground time for airlines and is suitable for installation on all commercial aircraft types.

EDM’s B777 Door Trainer for All Nippon Airways passes Factory Acceptance Test

EDM, a global provider of training simulators to the civil aviation and defense sectors, has re-ported that the B777 Door Trainer it has manu-factured for All Nippon Airways (ANA) passed its Factory Acceptance Test (FAT) earlier this month. Built and designed at EDM’s 100,000 ft² facility in Manchester in the UK, the B777 Door Trainer will be enable ANA’s cabin crew to be fully trained in the proficient operation of this aircraft door type under all normal, abnormal and emergency conditions. The Door Trainer will comprise a fully functional main door and attendant seat as well as features including a door mode selector, in-tegrated door training malfunctions, gust lock, manual slide inflation handle, door assist han-dles, simulated audio sounds and exit lighting. The Door Trainer is controlled via an intuitive, easy to use Instructor Operator Station. The Fac-tory Acceptance Test was granted following two days of rigorous inspection and testing carried out by a senior team of ANA safety trainers and simulator engineers. The B777 Door Trainer is currently being installed at ANA’s training centre in Ota-ku, Tokyo. In recent years, EDM has sup-plied a wide range of cabin crew training equip-ment to ANA, including B787, B777, B767 and A320 Door Trainers.

Air Canada signs agreements to establish Centre of Excellence for aircraft mainte-nance in Manitoba

Air Canada has signed agreements with three of its business partners that will help support the creation of a Western Canada Centre of Excel-lence for aircraft maintenance activities in the province of Manitoba. Air Canada and the Gov-ernment of Manitoba have settled outstanding litigation relating to Air Canada’s maintenance obligations under the Air Canada Public Partici-pation Act. Moreover, Air Canada is supporting the establishment of operations in Manitoba of three of its suppliers and partners with unique

MRO & PRODUCTION NEWS

HAITEC to open Line Maintenance Station in Nuremberg

HAITEC Aircraft Maintenance GmbH is opening a Line Maintenance Station at Nuremberg Airport at the beginning of November 2016. SunExpress Deutschland is HAITEC’s first cus-tomer at the new station. HAITEC will carry out all Line Maintenance activities for SunEx-press Deutschland’s B737 NG fleet, as well as providing AOG support. With a fleet of 15 Boe-ing 737-800s, SunExpress Deutschland offers flights from several German airports to various popular vacation destinations, including the Canary Islands, the Red Sea region, as well as the Mediterranean Sea.

SunExpress to become first customer at HAITEC’s new station in Nuremberg Photo: HAITEC

FADEC Alliance to provide engine controls for 777X GE9X engine

GE Aviation’s all new GE9X engine for the Boeing 777X will feature full authority digital engine controls (FADEC) designed and produced by FADEC Alliance, a joint venture formed by FADEC International and GE. The systems — consisting of a digital computer, called an engine control unit and its related accessories — control all aspects of aircraft engine performance, such as engine fuel flow and variable engine geometries. FADEC International (a BAE Systems and Safran joint venture), has established the FADEC Alliance joint venture with GE to develop, produce, and support FADECs for aircraft engines and related technologies.

The GE9X engine for the Boeing 777X will feature FADECs designed and produced exclusively by FADEC Alliance Photo: GE

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WEEKLY AVIATION HEADLINES

expertise and capabilities: Hope Aero Propel-ler & Components, one of Air Canada’s sup-pliers, which specializes in propellers, wheels, brakes and batteries; Airbase Services, one of Air Canada’s suppliers, which specializes in aircraft interior equipment repair and maintenance; and Cargojet Airways, one of Air Canada’s cargo partners, which will establish its own repair and maintenance activities. Start up for all three is expected to commence in 2017. These initiatives follow Air Canada’s announcement in February, 2016 to help support the development of Cen-tres of Excellence for aircraft maintenance in the provinces of Manitoba and Quebec.

Bombardier renews Authorized Service Facility agreement with STAECO

Bombardier has renewed its Authorized Service Facility (ASF) agreement with Taikoo (Shandong) Aircraft Engineering Company Limited (STAECO) of Jinan, China for an additional three-year term. In addition to providing maintenance services for CRJ Series aircraft as done under the origi-nal agreement, STAECO will now also provide maintenance services for Q400 turboprops. Un-der the agreement, STAECO is designated as an authorized service provider for base and other maintenance on all Bombardier CRJ Series and Q400 aircraft, including aircraft modifications, repainting, and avionics and cockpit upgrades. The fleet of Bombardier commercial aircraft in the Asia Pacific region is steadily growing with 365 Q Series turboprops, CRJ regional jets and C Series airliners now ordered by, or in service with approximately 50 customers and operators in the region.

MRO & PRODUCTION NEWS Flying Colours selects Rockwell Collins Venue for CRJ ExecLiner conversions

Flying Colours Corp., the North American MRO, completions, and refurbishment company has selected Rockwell Collins’ Venue cabin management and high-definition entertainment system for retrofit installation on all future CRJ ExecLiner conversions. The first installation has already taken place at the Peterborough headquarters as a Bombardier CRJ200 conver-sion nears completion to a VIP ExecLiner format, a business jet configuration that Flying Colours has made its own. The aircraft will now be able to maximize the capability to display HD movies, enhance digital audio throughout the cabin, and broadcast other high-resolution content, including the Rockwell Collins Airshow 3D moving map. Going forward, the instal-lation of the Venue system will be standard on all CRJ200 conversions undertaken by the Flying Colours team. A further five ExecLiners are currently inbound to the Peterborough workshops, and each will have the newly selected system integrated during conversion. In addition, Flying Colours will be setting-up a Venue demo unit of the of the Rockwell Collins CMS product in the Peterborough client design room. This will enable aircraft owners, of all model types, to evaluate the system for potential installation.

Rockwell Collins Venue to be installed on all future ExecLiners Photo: Flying Colours

management and planning for these mobile assets.”

United Airlines reports second-quarter 2016 performance

For the second quarter of 2016, United Air-lines reported total revenue was US$9.4bn, a decrease of 5.2% year-over-year. Second-quarter 2016 consolidated passenger revenue per available seat mile (PRASM) decreased 6.6% and consolidated yield decreased 6.1% compared to the second quarter of 2015. The decline in PRASM continues to be driven by factors including a strong u.S. dollar, lower surcharges, travel reductions from customers impacted by declining oil prices, competitive

actions and higher-yielding demand not keep-ing pace with industry capacity. Including spe-cial items, uAL reported second-quarter net income of US$588m and pre-tax earnings of US$931m. During the second quarter of 2016, the company repurchased US$694m of its common stock, representing 4.4% of shares outstanding. In July, the company’s Board of Directors authorized an additional US$2bn share repurchase program.

Air Astana records US$6.6m first half loss

Air Astana has recorded a net loss of US$6.6m and an operating profit of US$0.975m, for the first half of 2016. Operating revenue fell by 30%

Spectre Air Capital acquires Stands on Demand

Spectre Air Capital, has completed the pur-chase of Stands on Demand (SOD). SAC will continue to operate the engine stand leas-ing business and will launch a new platform in short order. As part of the transaction the owners of SOD will own a minority share in the new joint company. Jordan Jaffe, CEO of SAC, states ”Our recent acquisition of Stands on Demand marks a natural progression of our core business model, allowing us to expand our product offering into a dynamic space that is long overdue for a more efficient means of

FINANCIAL NEWS

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WEEKLY AVIATION HEADLINES

to US$275m, driven by a signification devalua-tion of the Kazakh Tenge in comparison with the first half of 2015, and by weaker regional travel markets in the wake of commodity price falls. Passenger numbers fell by 7% to 1.69 million. Air Astana recently launched flights between Almaty and Tehran, and will take delivery of its first Airbus A320Neo later this year.

Boeing to recognize cost reclassification and charges to second-quarter earnings

Boeing reported it will recognize an impact to earnings across three programs when it announces second-quarter 2016 results on July 27. On the 787 program, the company decided not to invest funds for the refurbish-ment and sale of the two remaining unsold flight test aircraft that were scheduled to be introduced into the modification line. These two aircraft were produced in 2009 and have

been used extensively for flight and ground testing, with both airplanes achieving more than 6,700 flight and ground testing hours combined. Costs associated with these aircraft were reclassified from 787 program inventory to research and development expense result-ing in a non-cash after-tax charge of US$847m. To account for current and anticipated weak-ness in the air cargo market, the company plans to continue producing 747-8 aircraft at a rate of 0.5 per month and no longer in-crease the production rate to 1.0 per month in 2019. An US$814m after-tax charge on the 747 program reflects a lower estimated total of 747-8 Freighter aircraft to be produced in the program accounting quantity and lower estimated revenues on future aircraft sales. The company will also recognize a US$393m after-tax charge on the KC-46 Tanker program. This charge reflects higher costs associated with previously announced program schedule and technical challenges, including implemen-tation of the hardware solution to resolve the refueling boom axial load issue identified dur-ing flight testing, delays in the certification

process and concurrency between late-stage development testing and initial production. In total, the company will record an after-tax earnings impact of US$2.1bn. On a pretax ba-sis at the segment level, Boeing Commercial Airplanes will now record an earnings impact totaling US$2.78bn and the Boeing Military Aircraft segment of Boeing Defense, Space & Security will report an earnings impact of US$219m.

Alaska Air Group reports second-quar-ter 2016 results

Alaska Air Group reported second-quarter 2016 GAAP net income of US$260m, com-pared to US$234m in the second quarter of 2015. Excluding the impact of mark-to-market fuel hedge adjustments and merger costs, the company reported adjusted net income of US$263m, compared to adjusted net income of US$230m in 2015. Alaska Air Group held US$1.6bn in unrestricted cash and marketable securities as of June 30, 2016.

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FINANCIAL NEWS

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WEEKLY AVIATION HEADLINES

Southwest Airlines reports quarterly profit of US$820m

Southwest Airlines reported its second-quar-ter 2016 results with a quarterly GAAP net income of US$820m, compared with second-quarter 2015 GAAP net income of US$608m. Excluding special items, quarterly net in-come was US$757m, compared with sec-ond-quarter 2015 net income of US$691m. Quarterly GAAP operating income amounted to US$1.3bn, resulting in a strong second-quarter operating margin of 23.7%. Excluding special items, second-quarter 2016 operating income was US$1.3bn, resulting in an oper-ating margin of 23.5%. Second-quarter free cash flow was US$649m.

Wizz Air reports first quarter 2016 net income of €50.7m, up 54%

Wizz Air Holdings, the largest low-cost air-line in Central and Eastern Europe, issued an unaudited interim management statement for the three months to June 30, 2016 (first quarter, Q1, F2016). Total revenue increased 9.8% in Q1 to €364.9m and reported net profit was €50.7m in Q1, a year on year in-crease of 54.2%. underlying net profit was a €38.6m in Q1, a year on year increase of 13.9%. Total cash at the end of June 2016 was €827.7m of which €707.1m was classi-fied as free cash. (US$1.00 = €0.91 at time of publication.)

Aeroports de Montreal reports results for second quarter of 2016

Aéroports de Montréal reported its consoli-dated operating results for the three- and six-month periods ended June 30, 2016. These results are accompanied by data on passenger traffic and aircraft movements at Montréal-Trudeau and Montréal-Mirabel in-ternational airports. Montréal-Trudeau set new passenger records for both periods, with 4.0 million passengers enplaned/deplaned in the second quarter, an increase of 4.8% over the corresponding quarter a year ago, and 7.9 million passengers for the first six months ended June 30, 2016, up 4.9% over the same period of 2015. All three sectors – domestic, transborder (u.S.) and international – con-tributed to this sustained growth. EBITDA (excess of revenues over expenses before financial expenses, income taxes, deprecia-tion and impairment of property and equip-ment) totalled CAD$62.3m for the second quarter of 2016, a rise of CAD$3.2m, or 5.4%

FINANCIAL NEWSLufthansa Group, Honeywell Aerospace and Airbus have signed a Memorandum of Under-standing (MOU) to work jointly on the devel-opment of a runway safety solution combining Airbus’ Runway Overrun Prevention System (ROPS) and Honeywell’s SmartLanding tech-nologies for Lufthansa Group’s fleet. This co-operation aims to set the highest standard in runway safety by combining the strengths of these two innovative and leading technologies and by making them available for a maximum number of aircraft types. Lufthansa will place its expertise at the service of Honeywell and Airbus respectively by contributing to the so-lution design and evaluation with the involve-ment of flight crews from the early stage of development. ROPS is a performance-based alerting system developed by Airbus which assists crews in preventing runway overruns. Certified by the European Aviation Safety Agency (EASA), Federal Aviation Administra-tion (FAA) and Civil Aviation Administration of China (CAAC), ROPS is in operation on ap-proximately 430 aircraft, including the A320, A330, A350 and A380, and has been selected by operators of 1,500 aircraft to be delivered. Honeywell’s SmartLanding system reduces the risk of runway excursion by alerting pilots if the aircraft is approaching the runway too high, too fast or is not configured properly for landing. SmartLanding is a software enhance-ment to Honeywell’s Enhanced Ground Prox-imity Warning System (EGPWS), installed on more than 30,000 airline and business aviation aircraft. Through a simple software upgrade to EGPWS, SmartLanding improves pilot situ-ational awareness and helps break the chain of events that can lead to a runway excursion, by providing aural and visual alerts upon ap-proach only if the aircraft has not met estab-lished safety criteria.

Hawker Pacific has reported the successful in-tegration of Aeromil Pacific into the Hawker Pacific Group of companies. Since acquiring Aeromil Pacific in August 2015, the company has been focusing on a smooth transition in-tegrating Aeromil Pacific operations into the Hawker Pacific Group and from July 25 on-wards will be operating under Hawker Pacific. The acquisition rounds out Hawker Pacific’s product portfolio with the addition of Cessna Aircraft Sales, Spares Support and Author-ized Citation Service Centers. The company now provides access to the range of Textron Aviation’s iconic products including Beech-craft, Bell Helicopter and Cessna all under one banner. Hawker Pacific has welcomed the expertise of Aeromil Pacific staff into the team including Steve Padgett, Aeromil Pacific’s Principal, taking the role of Deputy Chairman, Hawker Pacific Australia. In his role Steve has been facilitating Hawker Pacific’s marketing

Boeing and Microsoft have signed an agree-ment to build a cloud-based platform for Boe-ing’s portfolio of commercial aviation analyt-ics tools. The two companies intend to work together to transition many of Boeing’s com-mercial aviation applications into the Micro-soft Azure cloud. Boeing – and its subsidiaries AerData and Jeppesen – offer a wide portfolio of advanced analytics tools currently used by more than 300 airlines to optimize operating efficiency. Boeing’s applications provide air-lines, airplane leasing companies and mainte-nance suppliers with real-time information to enhance every phase of their operations – in-cluding purchasing and leasing airplanes and engines, training and scheduling crews, route planning, managing inventory and maintaining fleets.

Philippine carrier, Cebu Pacific, has chosen OpenAirlines’ solution to save fuel and reduce its carbon dioxide emission per flight. CEB is OpenAirline’s launch customer in the Asia Pa-cific region. under the agreement, OpenAir-lines’ software will continuously analyze the flight data of all 57 aircraft on CEB’s fleet (7 Airbus A319s, 36 Airbus A320s, 6 Airbus A330s and 8 ATR 72-500s) and the upcoming 48 on order (32 Airbus A321neos and 16 ATR 72-600s). OpenAirlines will deliver this service by deploying SkyBreathe Fuel Efficiency, a com-plete fuel management system which uses so-phisticated Big Data Algorithms. Through the meticulous monitoring of fuel consumption patterns by OpenAirlines’ software, carriers are provided with business intelligence that can help optimize flight operations.

AMOS has been chosen by Spanish carrier Iberia Líneas Aéreas de España S.A. as the ideal platform to assure continuous airwor-thiness from an operator perspective. IBERIA is the third member of the IAG Group to join the AMOS Community, after Aer Lingus and Vueling. IBERIA has licensed the AMOS CAMO Edition and requires a customer-oriented im-plementation process to perform CAMO and Part M activities in AMOS. The AMOS CAMO Edition consists of all high-end AMOS core modules. Swiss-AS offered IBERIA a specially tailored training and implementation plan including project management, consulting, training, data transfer support, etc.

OTHER NEWS

over the same year-ago quarter. EBITDA for the half-year ended June 30, 2016, reached CAD$119.4m, up CAD$7.0m, or 6.2%, against the corresponding 2015 period.

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WEEKLY AVIATION HEADLINES

technology officer (CTO), replacing John Tra-cy, a 35-year company veteran who served as CTO since 2006 and who announced his retirement earlier this year. In March, Hyslop was named Senior Vice President, Engineering, Test & Technology, assuming responsibility for the development and im-plementation of the company’s enterprise technology investment strategy, as well as Boeing’s research and technology, test and evaluation, and companywide engineering functions. He will continue in that role, re-porting to Boeing Chairman, President and CEO Dennis Muilenburg and serving on the company’s Executive Council, while taking on the CTO duties. The appointment is ef-fective immediately.

• PPG reported that Charles E. Bunch willretire Sept. 1, as executive chairman of the PPG board of directors after 37 years with the company. PPG President and Chief Ex-ecutive Officer Michael H. McGarry will be-come chairman and CEO effective the same day.

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• Caroline Cauvin joinsAJW Aviation as Direc-tor of Procurementwhere she is respon-sible for the develop-ment of all purchasingactivities across the business. This seniorrole focuses on the

development and delivery of a group-wide purchasing strategy to realise efficiency benefits and financial savings across multi-ple areas.

• C&L has welcomed Jorge Gonzalez as Re-gional Sales Managerat C&L Aerospace, a division of C&L Avia-tion Group, where he will focus on Hawker and Beechjet parts andsupport. Gonzalez, for-

merly of Private Sky and ARNIC, has been in the corporate aviation industry for 30 years. His experience spans all aspects of support, from maintenance and parts to operations management.

• Boeing has named Greg Hyslop its chief

INDuSTRy PEOPLE

Caroline Cauvin

and sales focus around the Cessna product in Australia and New Zealand.

AceAxis, a developer of wireless technology, has signed a development and manufactur-ing agreement with Thales, under which it will adapt its remote radio head (RRH) de-sign for use in a system providing broadband Internet connectivity to passengers on board commercial aircraft. The AceAxis RRH will be a key component in the new Complementary Ground Component (CGC) terminal, which Thales is developing and manufacturing for use with Inmarsat’s European Aviation Net-work (EAN) high-speed in-flight connectivity solution. EAN is the first system to integrate an LTE-based ground network with satellite com-munications to provide aviation passenger connectivity. The European Aviation Network is expected to enter service during 2017, fol-lowing completion of development work and system trials.

Jorge GonzalezCharles E. Bunch Michael H. McGarry

OTHER NEWS

Engine Leasing Seminar 2016 September 19, 2016 – September 19, 2016 Holiday Inn Kensington Forum, London

Aircraft Records & Asset Management October 18, 2016 – October 18, 2016 Miami, Florida

Aircraft Economic Life Summit 2016 November 22, 2016 – November 22, 2016 Gibson Hotel, Ireland, Dublin

Asian Business Aviation Conference & Exhibition (ABACE 2016) December 12, 2016 – December 14, 2016 Shanghai, China

THE AIRCRAFT AND ENGINE MARKETPLACEPage 1 of 4

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

A300-600 Aersale CF6-80C2A5 787 1998 Now Sale / Lease Craig Wright Craig.Wright@aersale.com +1 305 764 3238

A319-100 ORIX Aviation V2522-A5 2501 2005 Q2/2017 Lease Daniel Cunningham daniel.cunningham@orix.ie +353 871774524

A320-200 ORIX Aviation V2522-A5 2680 2006 Q2/2017 Lease Oisin Riordan oisin.riordan@orix.ie +353 863 350 004

A320-200 ORIX Aviation V2522-A5 1183 2000 Q2/2017 Sale / Lease Oisin Riordan oisin.riordan@orix.ie +353 863 350 004

A320-200 ORIX Aviation V2527-A5 1888 2002 Q2/2017 Sale Paul O`Dwyer pau.odwyer@orix.ie +353 863 822 960

A320-233 FPG Amentum V2527-A5 3543 2008 Jun 2016 Sale / Lease Jack Hynes marketing@fpg-amentum.aero +353 16398125

Commercial Jet Aircraft

July 25, 2016

A320-233 FPG Amentum V2527-A5 3524 2008 May 2016 Sale / Lease Jack Hynes marketing@fpg-amentum.aero +353 16398125

A330-200 ORIX Aviation CF6-80E1A3 887 2007 Q1/2018 Lease Daniel Cunningham daniel.cunningham@orix.ie +353 871774524

A330-223 FPG Amentum PW4168A 943 2008 Mar 2016 Sale / Lease Jack Hynes marketing@fpg-amentum.aero +353 16398125

A330-223 FPG Amentum PW4168A 962 2008 Mar 2016 Sale / Lease Jack Hynes marketing@fpg-amentum.aero +353 16398125

A330-223 FPG Amentum PW4168A 979 2009 Oct 2016 Sale / Lease Jack Hynes marketing@fpg-amentum.aero +353 16398125

737-300 Aersale CFM56-3C1 27910 1997 Now Sale / Lease Craig Wright Craig.Wright@aersale.com +1 305 764 3238

B737-300 European Capital Corp. CFM56-3B2 24634 1990 Now ACMI/Wet Lease Iacovos Yiakoumi commercial@europeancapitalcorp.com +35722873250

B737-300 World Star Aviation Services CFM56-3C1 28873 Apr 2016 Lease Tommy Guttman tguttman@worldstaraviation.com +972-544-220000

B737-300F ORIX Aviation CFM56-3B2 24710 1990 Now Sale Cian Coakley cian coakley@orix ie +353 877760451B737-300F ORIX Aviation CFM56-3B2 24710 1990 Now Sale Cian Coakley cian.coakley@orix.ie +353 877760451

B737-400 World Star Aviation Services CFM56-3C1 24332 Q4/2016 Lease Tommy Guttman tguttman@worldstaraviation.com +972-544-220000

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

B737-800 ORIX Aviation CFM56-7B26/3 29660 2007 Q4/2017 Lease Daniel Cunningham daniel.cunningham@orix.ie +353 871774524

B737-800 Fortress Investment Group CFM56-7B26 29888 2002 Now Lease Jeff Lewis aviation@fortress.com +1 (305) 833-0309

B747-400 Fortress Investment Group CF6-80C2B1F 28959 1998 Now Lease Jeff Lewis aviation@fortress.com +1 (305) 833-0309

B747-400 GA Telesis RB211-524 26637 1992 Now Sale S.Jung/K.Milligan AircraftTrading@gatelesis.com +1 954-958-1321

B747-400 GA Telesis RB211-524 26638 1993 Now Sale S.Jung/K.Milligan AircraftTrading@gatelesis.com +1 954-958-1321

B757-200 Fortress Investment Group RB211-535E4 27260 1994 Oct 2016 Sale / Lease Jeff Lewis aviation@fortress.com +1 (305) 833-0309

East Africa

B757-222 Bristol Associates PW2037 25157 1991 Q1/2016 Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

B757-222 Bristol Associates PW2037 25322 1991 Q1/2016 Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

B757-222 Bristol Associates PW2037 25396 1992 Q1/2016 Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

B757-222 Bristol Associates PW2037 25398 1992 Q1/2016 Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

B757-222 Bristol Associates PW2037 25698 1991 Q1/2016 Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

B767-27GER Aersale CF6-80C2B4F 27048 Now Sale / Lease Craig Wright Craig.Wright@aersale.com +1 305 764 3238

B767-300ER Aersale RB211-524 28149 Now Sale / Lease Craig Wright Craig.Wright@aersale.com +1 305 764 3238

B777-200 GA Telesis P&W 26925 1995 Now Sale S.Jung/K.Milligan AircraftTrading@gatelesis.com +1 954-958-1321

G & S / S / f @B777-200ER GA Telesis P&W 30214 1999 Now Sale / Lease S.Jung/K.Milligan AircraftTrading@gatelesis.com +1 954-958-1321

DC8 Aersale No engines 46094 1969 Now Sale Craig Wright Craig.Wright@aersale.com +1 305 764 3238

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

ATR42-300 Regional One PW120 51 1987 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

ATR42-300 Regional One PW120 57 1987 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

ATR72-202 Regional One PW124B 307 1992 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

CRJ-200ER Regional One CF34-3B1 7452 2000 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

Regional Jet / Turboprop Aircraft

CRJ700 Regional One CF34-8C5B1 10029 2001 Aug 2016 Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

CRJ-900LR Regional One CF34-8C5 15057 2005 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

DASH8-102 Magellan Aviation Group PW121 113 1988 Now Sale / Lease Bill Polyi bill.polyi@magellangroup.net +1 (704) 504 9204 x202

DASH8-311 Regional One PW121 230 1990 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

DASH8-311 Regional One PW123B 291 1991 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

DASH8-311 Regional One PW123B 410 1995 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

DASH8-311 Magellan Aviation Group PW123 266 1991 Now Sale / Lease Bill Polyi bill.polyi@magellangroup.net +1 (704) 504 9204 x202

Dornier 328-300

Regional One PW306B 3145 2000 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

Dornier 328- Regional One PW306B 3185 2001 Now Sale / Lease Chris Furlan cfurlan@regionalone com +1(305) 759 0670 Ext 164Dornier 328-300

Regional One PW306B 3185 2001 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

E170 Magellan Aviation Group CF34-8E5 59 2003 Now Sale / Lease Bill Polyi bill.polyi@magellangroup.net +1 (704) 504 9204 x202

July 25, 2016

2015May 18, April 20, www.gatelesis.com

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

THE AIRCRAFT AND ENGINE MARKETPLACEPage 2 of 4

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

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 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 bristol@bristolassociates.com +1 202-682-4000

ERJ-135LR Bristol Associates AE3007-A1 145504 2001 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

Regional Jet / Turboprop Aircraft (cont.)

July 25, 2016

ERJ-145LR Bristol Associates AE3007-A1/3 145208 1999 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

ERJ-145LR Bristol Associates AE3007-A1/3 145239 2000 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

ERJ-145LR Bristol Associates AE3007-A1/3 145302 2000 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

Contact Email Phone

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

Contact Email Phone

(1) AE3007A1 Now - Sale / Lease Bill Polyi bill.polyi@magellangroup.net +1 (704) 504 9204 x202

(3) AE3007 Now - Sale GA Telesis Stefanie Jung sjung@gatelesis.com +1 954-958-1321

Magellan Aviation Group

AE3007 Engines Sale / Lease

Now - Sale / Lease GECAS Engine Leasing

Company

Multiple Engines GE / CFM / RB211

Multiple Types Sale / Lease

Commerical Engines

Company

( ) g j g@g

Contact Email Phone

CF34-8E5 Now - Lease Lufthansa Technik AERO Alzey Kai Ebach k.ebach@lhaero.com +49-6731-497-368

CF34-10E Now - Lease

CF34-8C Now - Lease

CF34-3B1 Now - Lease

CF34-3A Now - Sale / Lease

(2) CF34-8C5B1 Now - Sale / Lease Regional One Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

(1) CF34-3B1 Now - Sale / Lease

(1) CF34-10E5A1 Now - Sale / Lease GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111

Sale / Lease CompanyCF34 Engines

(1) CF34-3B1 Now - Sale

(1) CF34-8C5/B1 Now - Sale / Lease Bill Polyi bill.polyi@magellangroup.net +1 (704) 504 9204 x202

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

(2) CF34-10E6 Now - Lease David Desaulniers ddesaulniers@willislease.com +1 415 516 4837

(1) CF34-3B1 Now - Lease

(1) CF34-10E7 Now - Lease

Contact Email Phone

(1) CF6-80C2B1F Now - Sale / Lease AerSale. Inc. Alan Kehoe Alan.Kehoe@aersale.com +353 879 393 534

(1) CF6-80C2A5 Now - Sale / Lease Alan Kehoe Alan.Kehoe@aersale.com +353 879 393 534

(1) CF6-80C2B6F Now - Sale / Lease Matthew White matthew.white@aersale.com +353 1475 3005

CompanySale / LeaseCF6 Engines

GECAS Engine LeasingCF34-8E(s)

Magellan Aviation Group

Willis Lease

Now - Sale / Lease

(1) CF6-80C2B6F Now - Sale / Lease Matthew White matthew.white@aersale.com +353 1475 3005

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

(1) CF6-80C2B6F Now - Sale/Lease/Exch. TES Aviation Group Bechan Carpenter Bechan.carpenter@tesaviation.com + 44 7795 636 034

(1) CF6-80C2B7F Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress.com +1 305-520-2349

(1) CF6-80C2B6F Now - Sale / Lease

(1) CF6-80C2B1F Now - Sale / Lease

(1) CF6-80C2B7F Now - Sale GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111

(2) CF6-80C2B7F Now - Lease Engine Lease Finance Declan Madigan declan.madigan@elfc.com +353 61 291717

Contact Email Phone

(2) CFM56-5C4 Now - Sale/Lease/Exch. TrueAero, LLC Ed Blyskal eblyskal@trueaero.com +1 305-525-7308

CFM56 Engines Sale / Lease Company

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

(1) CFM56-3C1 Now - Sale European Capital Corporation Iacovos Yiakoumi commercial@europeancapitalcorp.com +35722873250

(1) CFM56-3B2

(1) CFM56-7B27 Now - Lease Engine Lease Finance Declan Madigan declan.madigan@elfc.com +353 61 291717

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

(1) CFM56-5C4 Now - Sale / Lease Frank Rustmeier frank@royalaero.com +49 (0)8025 99360

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

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

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

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

Royal Aero

(1) CFM56-5C3/F Now - Sale / Lease

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

July 25, 2016

GECASEngine Leasing

THE AIRCRAFT AND ENGINE MARKETPLACEPage 3 of 4

Contact Email Phone

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

(1) CFM56-5C4 Now - Sale / Lease Bill Polyi bill.polyi@magellangroup.net +1 (704) 504 9204 x202

(3) CFM56-3C1 Now - Sale / Exchange CFM Materials Steven Jefferson Steven.Jefferson@cfmmaterials.com +1 214-988-6640

(2) CFM56-7B24 Now - Sale / Exchange Jimmy Hill Jimmy.Hill@cfmmaterials.com +1 214-988-6670

(1) CFM56-5C4 Now - Sale Orix Aviation James Sammon james.sammon@orix.ie +353 871381042

(1) CFM56-5B2/P Jul 2016 - Sale / Lease Castlelake Neil McCrossan NEIL.MCCROSSAN@CASTLELAKE.COM +44 (0) 207 190 6119

(1) CFM56-3C1 Now - Sale/Lease/Exch. TES Aviation Group Bechan Carpenter Bechan.carpenter@tesaviation.com + 44 7795 636 034

(1) CFM56-7B22 Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress.com +1 305-520-2349

(2) CFM56-5A

Sale / Lease

GECAS Engine Leasing

CFM56 Engines

Magellan Aviation Group

Company

Now - Sale

Commerical Engines (cont.)

July 25, 2016

(1) CFM56-7B22 Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress.com +1 305-520-2349

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

(1) CFM56-7B24 Now - Sale / Lease

(1) CFM56-7B26 Now - Sale / Lease

(1) CFM56-7B27 Now - Sale / Lease

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

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

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

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

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

(1) CFM56-7B26/3 Now - Lease

Now - Lease Willis Lease(1) CFM56-7B24 (Non-TI)

(1) CFM56 7B26/3 Now Lease

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

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

Contact Email Phone

GEnx-1B74/75 Now - Lease Willis Lease Ann Lee alee@willislease.com +1 (415) 408 4769

Contact Email Phone

(2) JT9D-7R4 Now - Sale Phoenix Aer Capital Bob Gallagher reg@pacllc.aero +1-727-376-9292

(1) JT8D-219 Now - Sale Azure Resources Jeffrey Young jeff@azureres.com +1-954-796-8158

(1) JT9D-7R4D Now - Sale Aero Controls, Inc. Mike Olesik Mike.Olesik@aerocontrols.com +1-253-269-3012

Contact Email Phone

(1) PW121 (Dash 8) Bill Polyi bill.polyi@magellangroup.net +1 (704) 504 9204 x202

Sale / Lease

Magellan Aviation Group

Sale / LeaseGEnx Engines Company

PW Small Engines Sale / Lease

Now - Sale / Lease

Company

Company

JT8D and JT9D Engines

( ) ( ) y p y @ g g p ( )

(1) PW123B/D/E

(1) PW121 (ATR)

(1) PW127E/F/M

(1) PW150A

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

(1) PW124B

Now - Sale / Lease

Willis Lease

Now - Sale / Lease

Now - Sale / Lease

Now - Sale / Lease

Now - Sale / Lease

(1) PW127M Now - Sale/Lease/Exch.

(2) PW127F Now - Sale/Lease/Exch.

(2) PW124B Now - Sale/Lease/Exch.

(1) PW120A Now - Sale / Lease Regional One Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

(1) PW120 Now - Sale/Lease/Exch. Miguel Bolivar mbolivar@RegionalOne.com +1 (786)-623-3936

(1) PW123E Now - Sale/Lease/Exch. Miguel Bolivar mbolivar@RegionalOne.com +1 (786)-623-3936

(4) PW126 Now - Sale/Lease/Exch. Miguel Bolivar mbolivar@RegionalOne.com +1 (786)-623-3936

(1) PW121 Now - Sale/Lease/Exch. Miguel Bolivar mbolivar@RegionalOne.com +1 (786)-623-3936

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

PW127F Now - Sale/Lease/Exch. Logix.Aero JC Morin jcmorin@logix.aero +33 647 824 262

S / /

Royal Aero

PW127M Now - Sale/Lease/Exch.

PW119B RGB Now - Lease Lufthansa Technik AERO Alzey Kai Ebach k.ebach@lhaero.com +49-6731-497-368

PW119B Now - Lease

PW120A Now - Lease

PW121 (ATR) Now - Lease

PW123B Now - Lease

PW124B Now - Lease

PW125B Now - Lease

PW127F Now - Lease

PW127M Now - Lease

PW150A Now LeasePW150A Now - Lease

PW150 GRB Now - Lease

Contact Email Phone

(1) PW2037M Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress.com +1 305-520-2349

(1) PW2040 Now - Sale / Lease

CompanyPW2000 Engines Sale / Lease

July 25, 2016

THE AIRCRAFT AND ENGINE MARKETPLACEPage 4 of 4

Contact Email Phone

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

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

(1) PW4060-3 Now - Sale / Lease AeroTurbine Todd Power tpower@aeroturbine.com +1 (214) 240-1145

(1) PW4158-1C/1E Now - Sale 3TOP Aviation Services Paul Dsilva Paul@3topaviation.com +44 1372 587 872

(multi rated for PW4156A-1C/1E & PW4152-1C/1E)

(1) PW4060-3 Now - Lease Ann Lee alee@willislease.com +1 (415) 408 4769

(1) PW4168A Now - Lease

( ) S / G @f

Commerical Engines (cont.)

Company

Willis Lease

Sale / Lease

Magellan Aviation Group

PW4000 Engines

July 25, 2016

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

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

(1) PW4158-3 Now - Sale / Lease Matthew White matthew.white@aersale.com +353 1475 3005

(1) PW4062-3 Now - Sale / Lease 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

(1) PW4168 Now - Lease TES Aviation Group Bechan Carpenter Bechan.carpenter@tesaviation.com + 44 7795 636 034

(1) PW4168A Now - Sale / Lease Engine Lease Finance Declan Madigan declan.madigan@elfc.com +353 61 291717

Contact Email Phone

(1) RB211-535E4 Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress.com +1 305-520-2349

(1) RB211-535E4 Now - Sale / Lease Castlelake Neil McCrossan NEIL.MCCROSSAN@CASTLELAKE.COM +44 (0) 207 190 6119

CompanyRB211 Engines Sale / Lease

(1) RB211-535E4 Now - Sale / Lease Castlelake Neil McCrossan NEIL.MCCROSSAN@CASTLELAKE.COM +44 (0) 207 190 6119

(1) RB211-535E4 Now - Sale / Lease AerSale. Inc. Matthew White matthew.white@aersale.com +353 1475 3005

(1) RB211-524 Now - Sale / Lease

(1) RB211-535E4 /12B Now - Sale/Lease/Exch. TES Aviation Group Bechan Carpenter Bechan.carpenter@tesaviation.com + 44 7795 636 034

(1) RB211-535E4 Now - Sale World Star Aviation Services Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456

Contact Email Phone

Tay650-15 Now - Sale / Lease Jetran, LLC. Leo Nadeau lnadeau@jetran.aero +1 (512) 294-6727

Contact Email Phone

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

Contact Email PhoneSale / Lease Company

Trent Engines

CompanyTay Engines

V2500 Engines

Sale / Lease Company

Sale / Lease

(1) V2533-A5 Now - Lease Willis Lease Ann Lee alee@willislease.com +1 (415) 408 4769

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

(1) V2527-A5 w/QEC Now - Sale/Lease/Exch.

(1) V2527E-A5 Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress.com +1 305-520-2349

(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 Declan Madigan declan.madigan@elfc.com +353 61 291717

(1) V2533-A5 Now - Sale / Lease

Description Contact Email Phone

(5) A340 fresh part outs Now Sale TrueAero LLC Dan Barton/Dave Walters sales@trueaero com +1 772 925 8026

Aircraft and Engine Parts, Components and Misc. EquipmentCompany

(5) A340 fresh part outs Now - Sale TrueAero, LLC Dan Barton/Dave Walters sales@trueaero.com +1 772-925-8026

A320 Landing Gear with Fresh Tags Now - Sale

A340 Landing Gear Now - Sale

CTCP331-350C (4) PN 3800454-6 Now - Sale

GTCP36-300A, PN 3800278-4 Now - Sale

(1) GTCP36-150RJ, (2) GTCP36-100M, Now - Sale/Lease/Exch. Regional One Miguel Bolivar mbolivar@RegionalOne.com +1 (786)-623-3936

(1) APS500C7B, (5) APS500C7D, (1) RE220RJ,

(1) APS1000-C12, (2) TPE331-11U-612G

GTCP131-9A (2), GTCP131-9B(2) Now - Lease REVIMA APU Olivier Hy olivier.hy@revima-apu.com +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 Now - Sale

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

GTCP131-9B Now - Sale / Loan Avtrade Alex Eales alex.eales@avtrade.com +44 (0) 1273 833330

Now - Sale Azure Resources Jeffrey Young jeff@azureres.com +1-954-796-8158

E i S d S l / L T d i d E i S i B d Pl i b l i @ ll 1 954 421 2510

APU GTCP 331-500B

767-300ER 413K LANDING GEAR

737-300/400 LANDING GEAR

CFM56-3 MODULES

Engine Stands Sale / Lease Tradewinds Engine Services Brad Pleimann bpleimann@tesllc.aero +1 954-421-2510

Sale / Lease

Engine Stands Now - Sale / Lease Stands on Demand Yexceld Perez yperez@standsondemand.com +1 305-558-8973

GE90/ CFM56 / V2500 / PW2000 / PW4000 94” & 100”

Now - Sale/Lease/Exch. Logix.Aero JC Morin jcmorin@logix.aero +33 647 824 262

Now - Sale / Lease Werner Aero Services Julien Levy jlevyWerneraero.com +1 201-674-9999

Now - Sale / Lease

Now - Sale / Lease

CFM56-5B, CFM56-5C, CFM56-7B, V2500

(1) CFM56-7B QEC KIT P/N 654A00017141

GTCP131-9A, GTCP 131-9B

GTCP36-300A, 737-800 Winglets

131-9A, 131-9B, 331-200, 331-250,

331-350C, PW901A

737-700 & 737-800 Landing Gear Now - Sale / Lease

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

(5) PW901A, (1) PW901C(1), PW125B RGB Now - Lease Lufthansa Technik AERO Alzey Kai Ebach k.ebach@lhaero.com +49-6731-497-368

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

737 700 & 737 800 Landing Gear

July 25, 2016