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American Airlines will from Febru-ary 10 begin selling basic economy fares in addition to the other main cabin fares currently offered. The U.S. airline said these no-frills tick-ets would provide a simple and af-fordable way to experience Ameri-can’s network, and provide customers the option to pay for the services they want.

The idea stems from the low cost model that has seen budget operators gain increasing market share against many full service carriers, globally. However, not every American Air-lines flight will offer basic economy fares, the airline stressed.

“American Airlines now has some-

thing to offer every customer, from those who want simple, low-price travel to those who want an ultra-premium experience via First Class,” said American Airlines Pres-ident Robert Isom. “Importantly, this new fare product also gives

American the ability to compete more effectively with the growing number of ultra-low-cost carriers.”

Multiple disclosures will spell out the attributes of a basic economy ticket at the time of purchase on aa.com, and when utilising the air-line’s reservations phone centres

or when booking through a travel agent or online travel site. In ad-dition to clear disclosures at the time of purchase, the airline fur-ther said basic economy passen-gers will also receive reminders as their travel day gets closer, includ-

ing at check-in kiosks at the airport.

“Our goal is to make sure that all customers have the op-

portunity to purchase a ticket on American that works for their spe-cific needs,” continued Isom. “We will work hard to ensure transpar-ency, provide clear explanations of these fares, and we look forward to continuing to offer a wide vari-ety of services to our customers.”

“....this new fare product also gives American the ability to compete more effectively with the growing number of ultra-low-cost carriers.”Robert Isom, President American Airlines

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American’s no-frills tickets

will on sale from February.

Photo: AA

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American rolls out no-frills tickets As carrier attempts to compete with low cost rivals

Airlink is first South African air-line to acquire Embraer E-JetsAirlink is acquiring five E-Jets - three E170s and two E190s, from ECC Leas-ing, a wholly-owned Embraer sub-sidiary. Airlink will start to receive the aircraft in the first half of 2017. Rodg-er Foster, CEO of Airlink, said, “This is the beginning of the implementation of a well planned growth and mod-ernisation strategy for Airlink that includes replacing our current fleet of Avro RJ85s over the next three years. The strategy calls for a total of 13 E-Jets, and we are in the process of sourcing the balance of the fleet requirement – an additional 8 E190s – from the market.

Emirates to launch third daily flight to NairobiEmirates, announced that it will in-troduce a third daily flight between Dubai and Kenya’s capital Nairobi from 1st June 2017. The additional flight will increase the number of scheduled Emirates flights between the two cities to 21 a week. As with its other two daily flights between Dubai and Nairobi, Emirates will also operate its popular Boeing 777-300ER in a three class configuration.

Milan Bergamo smashes 11 mil-lion passengers in its busiest yearMilan Bergamo Airport witnessed an-other year of robust growth through-out 2016, welcoming close to one million more passengers than the year before. Experiencing 7.2% passenger traffic growth, Milan Bergamo was Italy’s third busiest airport last year, handling over 11.1 million passen-gers – a new record for the gateway. Crediting the surge to the addition of 19 new routes throughout 2016, increased load factors on scheduled flights, as well as providing one of the best punctuality records.

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WEEKLY AVIATION HEADLINES

AerCap leased, purchased and sold 458 aircraft in 2016

AerCap has announced its major business transactions during the full year and fourth quarter, 2016. For the full year 2016, Aer-Cap signed lease agreements for 279 aircraft and purchased 38 aircraft. The company ex-ecuted sale transactions for 141 aircraft and signed financing transactions for US$4.6bn. For the fourth quarter 2016 AerCap signed lease agreements for 56 aircraft, including 21 wide-body and 35 narrow-body aircraft, and purchased 19 aircraft, including 14 Airbus A320neos, 3 Airbus A350-900s and 2 Boeing 787-9s. AerCap executed sale transactionsfor 41 aircraft, including 2 Airbus A319-100s,11 Airbus A320-200s, 2 Airbus A321-100s, 3Airbus A321-200s, 6 Airbus A330-200s, 3 Air-bus A330-300s, 1 Boeing 737 Classic, 6 Boe-ing 737NGs, 2 Boeing 757-200s and 1 Boeing767-300ER from AerCap’s owned portfolio,and 1 Airbus A320-200, 1 Airbus A330-200 and 2 Boeing 737 Classics from AerCap’s man-aged portfolio. The company reported that it signed financing transactions for US$1.7bn in the fourth quarter, 2016.

TrueAero successfully deployed US$250m in 2016

TrueAero, a diversified mid-to-end of life com-mercial aviation service provider, successfully deployed US$250m in 2016, acquiring both leased aircraft and whole assets. To support the increasing needs of its global customer base, the company acquired in excess of 30 engines and airframes manufactured by Air-bus, Boeing, CFM, GE, Pratt & Whitney, and Rolls-Royce.

Aergo Capital, PK AirFinance and KDB provide four 737’s for Indonesian Airlines

Aergo Capital has announced PK AirFinance and the Korea Development Bank (KDB) as

AIRCRAFT & ENGINE NEWS Flynas orders 60 Airbus A320neo Family aircraft

Flynas, Saudi Arabia’s leading low-cost carrier, has signed an agreement with Airbus for 60 A320neo Family aircraft. In addition to the 60 aircraft, Flynas has converted 20 A320ceos from a previous order to A320neos, bringing the airline’s total firm order to 80 A320neos. The deliveries are scheduled to take place during 2018-2026. The agreement was announced on January 16, at a press conference in Riyadh. Flynas, an all-Airbus operator, currently has 26 A320ceos in service. Launched in 2007, the airline has successfully operated over 260,000 flights and carried more than 30 million passengers in the last ten years.

At a press conference in Rijadh, low-cost carrier Flynas announces an order for 60 A320neo Family aircraft Photo: Airbus

debt partners on four B737-900ER aircraft subject to leases with Sriwijaya Air (two aircraft) and Thai Lion Air (two aircraft). Fi-nancing on two 2015 vintage B737-900ER aircraft on lease to Sriwijaya Air (MSN 41712 & 41843) closed on December 23, 2016. To-gether with KDB, financing of one 2016 vin-tage B737-900ER aircraft on lease to Thai Lion (MSN 38312) closed on January 5, 2017. The final aircraft in the transaction is scheduled to close upon delivery of the aircraft to Thai Lion in Q1 2017. Fred Browne, Chief Execu-tive Office of Aergo Capital, commented, “We are delighted to partner with PK AirFinance and KDB on this transaction as we continue

to support the expansion of Sriwijaya Air and Thai Lion Air”.

Embraer signs order with Widerøe for up to 15 E2 aircraft

Embraer has signed a contract with Widerøe, the largest regional airline in Scandinavia, for up to 15 E2 family jets. The contract consists of three firm orders for the E190-E2 and pur-chase rights for 12 further E2 family aircraft. This flexible mix of purchase rights for E175-E2, E190-E2, and E195-E2 aircraft will give Widerøe the ability to grow their fleet with

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WEEKLY AVIATION HEADLINES

a family of aircraft from 80 to 130+ seats, to right-size capacity to meet market require-ments. The order has a potential list price value of up to US$873m if all orders are con-verted. The three firm orders for E190-E2s were included in Embraer’s fourth-quarter 2016 backlog.

Embraer reaches targets with delivery of 108 commercial jets and 117 executive jets in 2016

Embraer has delivered 32 commercial and 43 executive jets, 25 of which are light jets and 18 are large jets, during the fourth quarter of 2016 (4Q16). The Company ended the year with 108 aircraft delivered to the commer-cial aviation market and 117 to the executive aviation market, totaling 73 light and 44 large executive jets. These numbers are aligned with the estimates reported to the market throughout the year (105 to 110 commercial jets, 70 to 80 light executive jets and 35 to 45 large executive jets). The total of 225 aircraft for these two markets represents the highest volume of deliveries in the last six years. As of December 31, the backlog totaled US$19.6bn.

Aergo Capital continues transition out of classic aircraft with disposal of two vintage aircraft

Aergo Capital has announced the sale of two aircraft as the company continues to reduce the average age of its fleet. Aergo sold one 1997 Vintage A320-200 bearing Manufacturers Serial Number 0662 to a third party aircraft les-sor. The aircraft is subject to an operating lease with Smartlynx Airlines. Aergo also sold one 1998 Vintage B737-300 bearing Manufacturers Serial Number 29334 to Plane Business Limited.

CALC announces operational data for 2016

China Aircraft Leasing Group (CALC), the larg-est independent operating aircraft lessor in China, reported the operational data for the year ended December 31, 2016. At the end of the year CALC owned a portfolio of 81 air-craft and had a client base of 16 airlines in 5 countries and regions throughout the world. The Group delivered a total of 18 aircraft dur-ing the year and completed rental realization transactions for 14 aircraft. Based on the or-der commitments, CALC has an order book of 92 aircraft to be delivered by 2022. The Group expects to deliver 17 new aircraft in 2017.

AIRCRAFT & ENGINE NEWS ATR introduces first ATR 72-600 in Argentina

Avian Líneas Aéreas, the new subsidiary of the South American company Synergy Aerospace, has taken delivery of the first new-generation ATR 72-600 to fly in Argentina. The airline in-tends to start operations of its new ATR -600 series fleet during the first quarter of 2017, com-mercially branded as Avianca Argentina, following the carrier’s current certification process. The delivery follows the announcement, last year, of a contract between ATR and Synergy Aerospace for 12 firm ATR 72-600s and options for 6 additional ones. The new and eco-effi-cient ATR 72-600s will provide an essential service across the Argentinian market, introducing new regional routes and connections to and from main hubs, first in Buenos Aires and then in Tucumán and in Cordoba.

Avian Líneas Aéreas, took delivery of the first ATR72-600 in Argentina Photo: ATR

Second phase of GE9X CMC component testing in GEnx demonstrator engine is complete

The second phase of GE9X CMC (ceramic ma-trix composite) component testing in a GEnx demonstrator engine is complete. The dem-onstrator engine accumulated 1,800 cycles in the latest round of tests, which included ex-posure to harsh environmental conditions of dust and debris. The level of debris exposure was equivalent to about 3,000 take-off and landing operation cycles. The GE9X engine will power Boeing’s 777X aircraft. According to Ted Ingling, GE9X general manager at GE Aviation, “Dust and debris accumulate on the external surface of the airfoils can degrade the insulation coatings. They can also col-lect on internal cooling circuits of the blades and nozzles and degrade the cooling effec-tiveness. Both factors can lead to durability

issues. These demonstrator tests allow us to get an accelerated understanding of how our new designs and materials perform in all environments, including those prone to high airborne debris.” For the second round of tests, the GEnx demonstrator engine utilized the same CMC combustor liners, HPT stage 1 shrouds and HPT stage 2 nozzles from the first round of tests in September 2015 along with the addition of the HPT stage 1 CMC nozzles.

AerFin complete acquisition of CFM56-7B engine ESN 875310

AerFin have completed the acquisition of CFM56-7B engine ESN 875310 from Aero Cap-ital Solutions, which was previously in service with Brazilian operator GOL. The transaction

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WEEKLY AVIATION HEADLINES

further reinforces AerFin’s commitment to supporting this product line and strengthens existing MRO and operator relations.

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ST Engineering’s Aerospace arm secures contracts worth US$840m in 4Q2016

Singapore Technologies Aerospace (ST Aero-space), secured new contracts worth about US$840m in the fourth quarter (4Q) of 2016 for services ranging from line and airframe mainte-nance to component repair and overhaul. The total contract value includes an agreement with Alaska Airlines to exclusively provide mainte-nance, repair and overhaul (MRO) maintenance support for the airline’s CFM56-7B engines that power its fleet of Boeing 737-700 and 737-900 aircraft. The five-year agreement is expected to cover more than 60 planned maintenance events and commences immediately. Included in the 4Q2016 contracts are line and heavy air-frame maintenance for commercial airlines and military operators. Other contract wins include several landing gear overhaul agreements from various airlines, a long-term landing gear repair contract from an established national carrier and multiple contracts for EcoPower engine wash services, including a one-year exten-sion contract worth US$2.6m (approximately S$3.7m) for a commercial airline, the largest commercial contract that ST Aerospace has clinched for its engine wash business. Redeliv-eries and capabilities development The aero-

MRO & PRODUCTION NEWS

University of North Dakota adds Robinson R44 Cadet Trainer

Robinson Helicopter Company delivered an R44 Cadet to the University of North Dakota (UND). This is the first Cadet to be used in UND’s prestigious flight training program. UND Aero-space owns the largest civilian flight training operation in the world, with three campuses and over 150 aircraft and flight training devices. The helicopter training division is located at the Grand Forks, ND campus and logs over 5000 hours in helicopters annually. According to Ron DePue, UND’s Chief Helicopter Pilot, the flight department plans to replace its existing fleet of helicopters with more mission-specific and technologically advanced helicopters. UND’s Cadet is configured for VFR and IFR training with Garmin’s G500H Flight Display, a GTN 750 navigator, a GTX 345 transponder, and a GMA 350Hc audio panel. Accessory bars were also added to the cockpit to accommodate personal navigation devices.

UND officials with the new R44 Cadet Photo: Robinson Helicopter Company

space sector redelivered a total of 880 aircraft for airframe maintenance and modification work in 4Q2016. Additionally, a total of 10,639 components, 42 landing gears and 33 engines were processed, while 2,388 engine washes were conducted.

GA Telesis Engine Services receives CAAC approval to overhaul CFM56-5B/7B and CF6-80C2B engines

GA Telesis Engine Services (GATES) has received certification from the Civil Aviation Administra-tion of China (CAAC). CAAC approval provides GATES with access to a major MRO market for

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WEEKLY AVIATION HEADLINES

CFM56-5B/7B and CF6-80C2B engines and will allow the company to develop and expand its customer base in China. GATES has previously been approved by the European Aviation Safety Agency (EASA), the Federal Aviation Adminis-tration (FAA), the Transport Canada Civil Avia-tion (TCCA) and the General Authority of Civil Aviation in Saudi Arabia (GACA).

Magnetic MRO signs component mainte-nance agreement with airBaltic

Magnetic MRO, the Estonian-headquartered Total Technical Care organization and long-standing partner of airBaltic, the flag carrier of Latvia, have signed a new maintenance agree-ment in respect of the wheels & brakes of the Bombardier Q400 and the wheels of the CS300. As a result of the new and advanced technolo-gies used to manufacture the CS300, the larger variant of Bombardier’s all new C Series air-craft, airBaltic; as the launch operator for this distinctive C Series variant, has decided to proceed with an MRO provider with an estab-lished reputation regarding its innovative and high-tech services. Similarly, the manufacture of wheels & brakes for the Q400 aircraft, which is the most recent development in the Q Se-ries family of Bombardier aircraft, and already owned by 60 operators from 40 countries, has been also handed over to the workshop unit of Magnetic MRO as the company has proven its industry standard in-house capabilities and high-quality results.

VAS Aero Services enhances state-of-the-art Seattle distribution and logistics center

VAS Aero Services, a global leader in aviation logistics and aftermarket services, has an-nounced upgrades and expanded capabilities for its Seattle distribution facility. The distri-bution and logistics center, a key component in the company’s partnership with The Boeing Company, supports VAS’s surging growth and strategic position in the Pacific Rim region.The VAS Seattle center integrates Boeing pro-gram parts repair and modification services into the state-of-the-art 3PL facility, to speed pro-duction parts and materials flight-line deliver-ies for new Boeing commercial and military air-craft. A 400,000-ft² managed warehouse space features controlled storage for Boeing PC700 production parts. Additionally, the operations center revamp includes a 50,750-ft² Processing Center incorporating Andon lighting controls and visual management monitors for efficient processing of inbound and outbound activities.

Expanded offices for regional sales and support operations round out the refurbishment effort. “Enhancing our presence and capabilities in the Pacific Northwest underscores VAS Aero Ser-vices’ commitment to market-leader customers such as The Boeing Company, and strengthens our ability support the rise in military and com-mercial aviation business on a global scale,” ad-vised Tommy Hughes, Chief Executive Officer of VAS Aero Services.

SR Technics to upgrade another four aircraft for Edelweiss

SR Technics has signed a contract with Edel-weiss Air, the Swiss leisure airline, to upgrade the cabin experience on four of the carrier’s A340-300s. All work will take place in the MRO’s Center of Excellence for Cabin Modifications in Zurich over the next two years. The first of the four aircraft arrived at the SR Technics facilities in October 2016, and it took off for Cape Town after 37 days of refurbishment, providing a new inflight experience to passengers. During the project, the aircraft went through a complete interior redesign, including the installation of new seats, galleys and also new / modified lava-

tories. A programmable LED mood light system was also installed to improve the cabin illumi-nation. The renewed cabin comes with three classes – economy max, business, and econo-my – designed with leisure travelers’ needs in mind. In addition, travelers will benefit from the Panasonic eXLite inflight entertainment sys-tem, which offers audio and video on demand, as well as games and other entertainment to enhance the long-haul flight experience.

Texas Air Composites now operating as – Aviation Technical Services Components

Aviation Technical Services (ATS) has finalized the transition of Texas Air Composites (TAC), located in Fort Worth, TX, to the ATS brand and has renamed the company ATS Components. TAC, a Domestic 145 Repair Station specializ-ing in composite structural fabrication, support and repair for regional/business-, commercial-, and military-grade aircraft, has been operat-ing as an ATS company since December 2014. The new ATS Components facility in Fort Worth adds over 138,000 ft² of climate-controlled space to ATS’ three existing locations in Ever-ett and Moses Lake, WA and Kansas City, MO.

MRO & PRODUCTION NEWS Bombardier remarkets 13 CRJ900 aircraft to Regional One

Bombardier Commercial Aircraft Asset Management has reported the successfully remarket-ing of 13 previously owned CRJ900 aircraft to Regional One. Two of the aircraft were owned by Bombardier and eleven were remarketed on behalf of a third party. Eight of the 13 aircraft were delivered in 2016 and one already this January. The remaining four are scheduled for de-livery later this year. The sale of the aircraft to Regional One also provides the opportunity for Regional One to acquire additional previously owned aircraft, under certain terms and condi-tions, made available by Bombardier Commercial Aircraft Asset Management. Based in Miami, Regional One is a purchaser, lessor and seller of aircraft, aircraft parts, engines, engine parts and other related support items for regional/commuter aircraft worldwide.

Bombardier successfully remarkets 13 pre-owned CRJ900 aircraft to Regional One Photo: Bombardier

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The expanded ATS Components organization benefits customers with increased component repair capabilities on a wide range of aircraft models. Although TAC has been part of the ATS team for the past two years, ATS’ relationship with TAC originally began in 2000 as a strategic supplier to ATS customers.

Precision Aircraft Solutions completes 28th conversion for DHL

Precision Aircraft Solutions has completed its 28th passenger-to-freighter conversion for the DHL global network. The conversion is also Precision’s 12th redelivery in less than a year to the DHL affiliate, European Air Transport Leipzig. Conversion of the 757-200 aircraft, MSN 26275, was performed at HAECO Ameri-cas in Greensboro, NC.

AAR signs extended PBH contract with Bluebird Cargo

AAR has been awarded a contract extension for Bluebird Cargo’s fleet of five B737CL air-craft, which the aviation services company has been supporting since 2007. Based in Reykjavik, Iceland, Bluebird Cargo operates internation-ally, providing freight services via its extensive network and ACMI and Wet Lease services, throughout Europe, Asia and North America.

Jet Aviation commences operations at Washington Dulles International Airport

Jet Aviation has acquired Ross Aviation’s Fixed Base Operation (FBO) at Washington Dulles In-ternational Airport. With more than 20 FBO op-erations worldwide, the addition of Washington Dulles allows Jet Aviation to meet increasing demand for high-quality, customer-oriented FBO services. Jet Aviation’s Washington Dulles facility encompasses six hangars, 10 acres of ramp space, and a newly renovated best-in-class FBO terminal building that includes on-site Customs and Immigration clearance, VIP

MRO & PRODUCTION NEWSlounge, flight planning center, executive confer-ence room and on-site car rental.

UTC Aerospace Systems is changing the industry with its lightest ice protection systems

UTC Aerospace Systems, a unit of United Tech-nologies, has obtained an exclusive license from Metis Design for carbon nanotube (CNT) heater-based technology, for aircraft electro-thermal ice protection. This technology was co-developed by Metis Design and the Depart-ment of Aeronautics and Astronautics at the Massachusetts Institute of Technology. The technology supports the aerospace industry’s growing need for more durable, lightweight, damage-tolerant and low-power ice protection systems. Aircraft ice protection systems remove or prevent ice from accumulating on the leading edges of wings, stabilizers, and engine nacelles. Once implemented on aircraft, UTC Aerospace Systems’ electrothermal ice protection systems with CNT technology will deliver uniform heat distribution, enhanced damage tolerance, and improved fatigue resistance in a lightweight system. UTC Aerospace Systems’ Sensors & In-tegrated Systems business is a leading supplier of pneumatic de-icing, ice detection and elec-trothermal ice protection, with a presence on hundreds of aircraft types. The use of electro-thermal ice protection systems is expected to grow as new aircraft become “more electric,” which will result in a shift away from energy-inefficient bleed air systems. Products built with CNT enable the use of lightweight heaters, have lower thermal inertia ,and increased dam-age tolerance, compared to traditional electro-thermal systems.

Boeing selects CTT for 777X humidifica-tion systems

CTT SySTEMS, a leader of humidity control systems for aircraft, has been selected by Boe-ing to provide the humidification systems for flight deck, crew rests and cabin zone A/B for the Boeing 777X aircraft. CTT will be tier-1 sup-plier to Boeing and the CTT products will be offered as supplier furnished equipment in the

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777X catalogue. Selecting CTT enables Boeing to bring proven humidification capabilities and performance from the 787 to the 777X and migrate to premium passenger cabins (zone A and B). In total, the Boeing 777X aircraft can be equipped with five of the humidifiers.

GECAS Asset Management Services acquires 737NG inventory

GECAS Asset Management Services has en-tered an agreement with Air Berlin to acquire the airline’s entire inventory of 737NG mate-rial, including both rotables and expendables. “Most components will be available for imme-diate shipment to our customers,” said Stefan Haynes, Global Commercial Leader for GECAS Asset Management Services. “We will soon have everything, nose to tail, that an operator of this popular aircraft type needs. This pur-chase represents an exciting opportunity for GECAS AMS to continue our relationship with Air Berlin while bolstering our 737NG stock and increasing our service capability.” The material will be located at AMS’ warehouse locations in the USA, UK and Singapore.

FL Technics Indonesia signs MoU with Indonesia’s GMF AeroAsia

FL Technics, a global provider of one-stop-shop aircraft maintenance, repair and overhaul ser-vices, has announced that its subsidiary – FL Technics Indonesia – had signed a Memoran-dum of Understanding (MoU) with GMF Aer-oAsia, one of Asia Pacific’s largest MRO com-panies. The memorandum entails cooperation in aircraft maintenance, spare parts supply and other areas. Under the agreement, the compa-nies will share best practices in MRO process management, customs clearance and new mar-ket development, as well as support each other with spare part supply, component repair, en-gineering and other services. In addition, FL Technics Indonesia and GMF AeroAsia will sup-port each other during peak seasons in order to ensure smooth and timely service of their cus-tomers. The new MoU comes after continuous cooperation between the companies in parts supply and engine maintenance

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WEEKLY AVIATION HEADLINES

Vector Aerospace signs Rolls-Royce T56 support contract with major Euro-pean government

Vector Aerospace has signed a contract with a major European government for the over-haul of Rolls-Royce T56 turboprop engines. The contract, which has a multi-year term, covers the overhaul of T56 engines, modules, components and accessories. The Rolls-Royce T56/501-D engine is installed on a variety of aircraft, including Lockheed Martin’s C 130/L-100 Hercules transport family and P-3 Orion anti-submarine warfare platform, as well as Northrop Grumman’s E-2 Hawkeye early warning aircraft.

T56 on wing Photo: Vector Aerospace

United Airlines reports full-year and fourth-quarter 2016 performance

For the fourth quarter of 2016, total revenue was US$9.1bn, an increase of 0.2% year-over-year. Fourth-quarter 2016 consolidated pas-senger revenue per available seat mile (PR-ASM) decreased 1.6% and consolidated yield decreased 1.2% compared to the fourth quar-ter of 2015. This outperformance versus the company’s initial guidance was due to strong-er close-in bookings and yields in November and December. For the full-year 2016, consoli-dated PRASM declined 5.4% compared to the prior year driven by factors including a strong U.S. dollar, lower surcharges, reductions from energy-related corporate travel, and declining yields. Total operating expense was US$8.0bn in the fourth quarter, up 1.2% year-over-year. Excluding special charges, total operating ex-pense was US$8.1bn, a 3.2% increase year-over-year. Consolidated unit cost (CASM) de-creased 0.8% compared to the fourth quarter of 2015, due mainly to lower fuel expense. Fourth-quarter consolidated CASM, excluding special charges, third-party business expens-es, fuel and profit sharing, increased 4.1% year-over-year, driven largely by the impact of labor agreements ratified in 2016. For the full year, consolidated CASM decreased 2.9% compared to full-year 2015 due to lower fuel expense. Excluding special charges, third-par-ty business expenses, fuel and profit sharing, consolidated CASM increased 2.8% compared to the prior year, due primarily to new labor agreements.

Safran and Zodiac Aerospace, a new global leader in aerospace

Safran, an international high-technology group and tier-1 supplier of engines, sys-tems and equipment in its core markets of Aerospace, Defense and Security, and Zodiac Aerospace a global leader in Aerosafety, Air-craft systems, Seats and Cabins, have entered into exclusive negotiations for an acquisition of Zodiac Aerospace by Safran through an agreed public offer of €29.47 per share and a subsequent merger on the basis of 0.485 Sa-fran shares for one Zodiac Aerospace share. Prior to and conditional upon the merger, Safran would distribute a special dividend of €5.50 per share to its existing shareholders. The transaction would create a global leader in aircraft equipment, allying the market lead-ing positions, expertise, technologies and talents of both Safran and Zodiac Aerospace. The new entity would combine Safran’s ca-pabilities in landing gear, wheels and brakes,

FINANCIAL NEWS

nacelles, power systems, actuation and avion-ics, with Zodiac Aerospace’s leading positions in seats, cabin interiors, power distribution, lighting, fuel, oxygen and fluid systems and safety equipment. In electrical systems, Zo-diac Aerospace’s assets would reinforce Sa-fran’s portfolio of technologies and position the group ideally for future developments to-wards the “more electrical aircraft”. On a pro forma basis, including Safran’s world-leading propulsion business, the combined group would have around 92,000 employees (includ-ing more than 45,000 in France), c. €21.2bn in adjusted revenues and c. €2.7bn in adjusted recurring operating income. On this basis the combined group would form the third-largest player worldwide in the aerospace sector. The combined group would become the second-

largest player worldwide in aircraft equip-ment with pro forma revenues in these busi-nesses of c. €10bn. It would be present in over 60 countries.

Accenture to acquire Seabury Group’s Corporate Advisory and Aviation Consult-ing Business

Accenture (ACN) has entered into an agree-ment to acquire the corporate advisory and aviation consulting businesses of Seabury Group, a New york-based professional ser-vices firm focused on the aviation industry. The combination of Seabury’s corporate advi-sory and consulting businesses, together with Accenture’s global capabilities, will help the

MILITARy AND DEFENCE

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WEEKLY AVIATION HEADLINES

Northrop Grumman partners with AFI KLM E&M on Australian KC-30A Through-Life-Support program

Northrop Grumman Integrated Defence Ser-vices (IDS), a fully-owned Australian subsidi-ary of Northrop Grumman Corporation, has signed an agreement with Air France Indus-tries KLM Engineering & Maintenance (AFI KLM E&M) for the provision of services in sup-port of the Royal Australian Air Force’s fleet of KC-30A Multi-Role Tanker Transport (MRTT) aircraft. Northrop Grumman IDS is the prime contractor for MRTT Through-Life Support (TLS). The agreement will provide the Aus-tralian MRTT program with improved access to an experienced, aftermarket organization. As a result, Northrop Grumman will also have increased access to a worldwide network and a more streamlined process of materiel man-agement solutions, leveraging AFI KLM E&M’s global expertise and footprint.

Cathay Pacific Airways has selected Avionica as the integrator and supplier for their e-En-abled, airborne global connectivity program. Starting in early 2017, Cathay Pacific’s second generation e-Enabled system will be deployed across the Cathay Pacific and Cathay Dragon fleets, including the B777, B747, A320 and A330 aircraft types. In selecting Avionica, Ca-thay Pacific obtains extensive expertise in STC development and installation support for its e-Enablement solution. Avionica’s e-Enable-ment hardware package provides Cathay Pa-cific a single, common set of hardware acrossBoeing and Airbus fleets.

Jeppesen has agreed to a new three-year ser-vice contract with Swiss International Air Lines. Through the agreement, Swiss will integrate Jeppesen Crew Tracking into their opera-tions to optimize crew planning and recover from disruptions to planned crew schedules. Jeppesen Crew Tracking is a component of a family of crew management solutions that optimize operations and increase efficiency for airlines. The data analytics-driven tool employs modeling and simulation to reveal insights that lead to better decision making and actions. This provides airlines with the ability to detect, resolve, and follow-up on changes to originally published crew plans. The system supports an on-demand approach to issues management, with an alert monitor feature that warns of problems that need to be addressed.

KLM UK Engineering has signed a long-term partnership with Kris Sakti Aviation (Malaysia) for the provision of EASA Part 147 exams sup-ported by KLM UK Engineering’s Virtual Learn-

MILITARy AND DEFENCE

ing Environment (VLE) software. Under the agreement, KLM UK Engineering (KLM UKE) will support Kris Sakti Aviation by providing experienced examiners to accompany its VLE product, allowing the students to gain their EASA Part 66 B License, while helping them to grow as a centre of excellence for the next generation of engineers. With over 220 stu-dents graduating each year, the programme is equipping the aviation industry with skilled, qualified and competent engineers for the next generation.

In 2016 the Operations Team of Swiss-AS expanded its service portfolio and gained a growing number of customers relying on the Swiss-AS hosting service. Upon completion of successful tests with two launch clients, new and existing AMOS customers now have the possibility to outsource server hosting to Swiss-AS experts. Furthermore, AMOS is now ready to run on an open source database. In addition to the SAP ASE (Sybase) and Oracle databases, with PostgreSQL, Swiss-AS offers a cost-effective alternative.

Jeppesen and the Joint Aviation Authorities Training Organization (JAA TO) have signed an initial Memorandum of Understanding to determine the potential for co-offering European-based aviation training programs. The agreement will look to integrate JAA TO expertise in multiple fields of aviation safety with Jeppesen’s extensive pilot training, flight dispatch and licensing preparation capabili-ties. With the signing of the initial agreement, Jeppesen and the JAA TO will research the best way to work collectively to offer multi-ple EASA-focused training programs, starting with the Flight Dispatch Essentials course. Training courses to follow could feature learn-ing on varying subjects, including other flight

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world’s leading airlines accelerate the pace of digital transformation. Seabury’s corporate advisory practice focuses on restructuring distressed aviation companies through stra-tegic planning and cost reduction. Seabury’s consulting practice focuses on fleet, network, commercial, maintenance, airports, cargo and human capital improvements. The business acquired from Seabury will become part of Accenture’s global aviation practice. Approxi-mately 120 employees will be joining Accen-ture, including Luth.

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• Aergo Capital released that Nathan Riggs has joined the company as Senior Vice President, Americas. Riggs joins Aergo from Pacific AirFinance where, as a principal, he originated and managed numerous com-mercial aircraft acquisition, leasing, disposi-tion, and financing transactions. Prior to Pa-cific AirFinance, Riggs served as Senior Vice President with Aircastle where he oversaw commercial activities in the Americas and select emerging markets.

• AerSale, a global supplier of aircraft, engines, and OEM (Original Equipment Manufacturer) used serviceable material, announced the ad-dition of Charles McDonald as Senior Vice President MRO Services. McDonald will head AerSale’s MRO facilities in Roswell, New Mexi-co, as well as the company’s recently acquired MRO facility in Goodyear, Arizona.

• Gogo (GOGO), a global leader in providing broadband connectivity solutions and wire-less entertainment to the aviation industry, has promoted Jon Cobin to Executive Vice President and Chief Commercial Officer of Gogo. Cobin has served in a leadership posi-tion at Gogo for six years, most recently as head of strategy and global sales for Gogo’s commercial aviation division. In his new role, he will continue to manage strategy and sales, but will take on the added re-sponsibilities of managing Gogo’s product and marketing teams.

• Avtrade has appointed Brice Dallard as Re-gional Sales Director – South Asia. An industry respected professional, Dallard brings a wealth of knowledge and exper-tise to Avtrade’s Sales division. Senior roles

held at leading global aviation companies based in Singapore have afforded Dallard an in-depth understanding of customer require-ments specific to the South Asia region. With a background in aircraft component sales, consumables and manufacturing, Dallard has the necessary experience to build successful lasting relationships with Avtrade’s continu-ally growing customer portfolio.

• Mente Group, the Dal-las, Texas-based interna-tional aviation advisory firm, announced the appointment of Vin-cent Restivo as Vice President, effective im-mediately. Reporting to Richard Emery, Chief

Operating Officer, Restivo will be responsible for Mente’s completion management busi-ness and will also provide business process and metrics consulting. Restivo brings an eye for detail and a drive for excellence with over 32 years’ business aviation experience to the role, including 25 years at Gulfstream Aerospace, where he held several senior management positions including Regional Vice President of Sales, based in Singapore, and Director of Completion Sales, responsible for overseeing the completion process for all Gulfstream products.

INDUSTRy PEOPLE

dispatch elements and regulatory and admin-istrative operations for airlines and aviation operators, to fully prepare participants for the rigors of the aviation profession.

With the arrival of flight 1518 on January 19, WestJet officially inaugurated the start of ser-vice to Phoenix-Mesa Gateway Airport from Calgary. Inaugural service from Edmonton begins January 21. Service between Calgary and Phoenix-Mesa will operate three times weekly and Edmonton and Phoenix-Mesa will operate once weekly through April 29, 2017.

Brice Dallard

OTHER NEWS

Vincent Restivo

Aircraft Asset Management Seminar 2017 February 13, 2017 – February 14, 2017 Eaton Hotel, Hong Kong

Operating Lease Seminar 2017 March 20, 2017 – March 22, 2017 Novotel City Hotel Barcelona, Spain

EASA & Continuing Airworthiness Seminar 2017 4 April 2017 The Gresham Hotel, Dublin, Ireland

Aircraft Records & Total Asset Management Seminar 20175 April 2017 The Gresham Hotel, Dublin, Ireland

THE AIRCRAFT AND ENGINE MARKETPLACEPage 1 of 4

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

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

A319-100 ORIX Aviation CFM56-5B5/P 2385 2005 Feb 2018 Lease Daniel Cunningham daniel.cunningham@orix.ie +353 871774524

A319-100 Castlelake CFM56-5B6/P 1377 2000 Oct 2017 Sale / Lease Neil McCrossan neil.mccrossan@castlelake.com +44-207-190-6120

A319-133 AerFin 3077 2007 Stuart Macgregor Stuart.Macgregor@aerfin.com +44(0) 2921676295

A320-200 Castlelake V2527E-A5 874 1998 Jun 2017 Sale / Lease Neil McCrossan neil.mccrossan@castlelake.com +44-207-190-6120

A320-200 Fortress Investment Group CFM56-5B4 1296 2000 Q2/2017 Sale / Lease Jeff Lewis aviation@fortress.com +1 (305) 833-0309

A320-200 ORIX Aviation V2527-A5 2680 2006 Oct 2017 Lease Oisin Riordan oisin.riordan@orix.ie +353 863 350 004

A320 233 FPG A t V2527 A5 3543 2008 N S l / L J k H k ti @f t 353 16398125

Commercial Jet Aircraft

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

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

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

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

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

A340-313 AerFin CFM56-5C4 157 1996 Now Sale / Lease R. Rosser +442921676296

B737-300 Aersale CFM56-3C1 27910 Now Sale / Lease Craig Wright Craig.Wright@aersale.com +1 305 764 3238

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

B737-300 World Star Aviation Services CFM56-3C1 29266 1999 Feb 2017 Lease Tommy Guttman tguttman@worldstaraviation.com +972-544-220000

B737-300 World Star Aviation Services CFM56-3C1 29267 1999 Feb 2017 Lease Tommy Guttman tguttman@worldstaraviation.com +972-544-220000

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

B737-400 Aersale CFM56-3C1 25417 Now Sale / Lease Craig Wright Craig.Wright@aersale.com +1 305 764 3238

B737-400 Aersale CFM56-3C1 27149 1993 Now Sale / Lease Craig Wright Craig.Wright@aersale.com +1 305 764 3238

B737-800 ORIX Aviation CFM56-7B26 33973 2004 Jul 2017 Lease Daniel Cunningham daniel.cunningham@orix.ie +353 871774524

B737-800 Fortress Investment Group CFM56-7B26 30160 2000 Q2/2017 Sale / Lease Jeff Lewis aviation@fortress.com +1 (305) 833-0309

B737-800 Fortress Investment Group CFM56-7B26 35075 2007 Q2/2017 Sale / Lease Jeff Lewis aviation@fortress.com +1 (305) 833-0309

B737-800 GA Telesis CFM56-7B26 29104 1998 Q4/2016 Sale S.Jung/K.Milligan AircraftTrading@gatelesis.com +1 954-958-1321

B737-800 GA Telesis CFM56-7B26 28402 1998 Q4/2016 Sale S.Jung/K.Milligan AircraftTrading@gatelesis.com +1 954-958-1321

B737-800 Aersale CFM56-7B26 32624 2001 Now Sale / Lease Sally Browne Sally.Browne@aersale.com +353 86 021 4841

East Africa

y y @

B737-800 Aersale CFM56-7B26 32625 2001 Now Sale / Lease Sally Browne Sally.Browne@aersale.com +353 86 021 4841

B747-400 Fortress Investment Group CF6-80C2B1F 32746 2003 Now Sale / 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

B757-200F Aerolease RB211 22211 Jun 2017 Sale / Lease Tim Corley tcorley@aerolease.com +1 (360) 870-9172

B757-200F Aerolease RB211 22611 Apr 2017 Sale / Lease Tim Corley tcorley@aerolease.com +1 (360) 870-9172

B757-200 Castlelake RB211-535E4 25300 1992 May 2017 Sale / Lease Neil McCrossan neil.mccrossan@castlelake.com +44-207-190-6120

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

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

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

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

B757-222 Bristol Associates PW2037 25698 1991 Now 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

B767-300ER Fortress Investment Group PW4062 30563 2000 Q3/2017 Sale / Lease Jeff Lewis aviation@fortress.com +1 (305) 833-0309

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

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

Ai ft T C E i MSN Y A il bl S l / L C t t E il Ph

Regional Jet / Turboprop AircraftAircraft 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

CRJ700 Regional One CF34-8C5B1 10029 2001 Now 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

DHC8-200 Castlelake PW121 447 1996 Now Sale / Lease Neil McCrossan neil.mccrossan@castlelake.com +44-207-190-6120

DHC8 311 Castlelake PW123 286 1991 Now Sale / Lease Neil McCrossan neil mccrossan@castlelake com +44 207 190 6120DHC8-311 Castlelake PW123 286 1991 Now Sale / Lease Neil McCrossan neil.mccrossan@castlelake.com +44-207-190-6120

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

January 23, 2017

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

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

THE AIRCRAFT AND ENGINE MARKETPLACEPage 2 of 4

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

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 328-300

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

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

Regional Jet / Turboprop Aircraft (cont.)

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

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 PhoneMultiple Types Sale / Lease

Commerical EnginesCompany 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

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

Company

GECAS Engine Leasing

AE3007 Engines Sale / Lease

Now - Sale / Lease

Sale / Lease

Magellan Aviation Group

Multiple Types Sale / Lease

Company

Company

Multiple Engines GE / CFM / RB211

CF34 Engines

CF34-3A Now - Sale / Lease

(1) CF34-10E6 Now - Lease Engine Lease Finance Declan Madigan declan.madigan@elfc.com +353 61 291717

(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

(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

( ) C

Magellan Aviation Group

Willis Lease

GECAS Engine LeasingCF34-8E(s) Now - Sale / Lease

(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

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

(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

CompanySale / LeaseCF6 Engines

(1) CF6 80C2B1F Now Sale / Lease

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

Contact Email Phone

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

(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) CFM56-7B26 Now - Lease

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

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

CFM56 Engines Sale / Lease Company

(1) CFM56 5B4/3 Now Lease

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

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

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

Royal Aero

January 23, 2017

GECASEngine Leasing

X �

Engine Lease Finance

THE AIRCRAFT AND ENGINE MARKETPLACEPage 3 of 4

Contact Email Phone

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

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

(1) CFM56-5B1/3 Now - Sale / Lease

(1) CFM56-5A1/F Now - Sale/Lease/Exch.

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

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

(1) CFM56-3C1 Now - Lease TES Aviation Group Klaus Broker klaus.broker@tesaviation.com +44 1656 765 280

(2) CFM56-5A Now - Sale

Commerical Engines (cont.)Sale / Lease

GECAS Engine Leasing

CFM56 Engines Company

( ) p @

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

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

(2) CFM56-7B26 Now - Sale / Exchange Jimmy Hill Jimmy.Hill@cfmmaterials.com +1 214-988-6670

(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

Magellan Aviation Group

(1) CFM56-7B Now - Sale/Lease/Exch. AerFin R. Rosser +442921676296

(2) CFM56-5C3/F4 Now - Sale/Lease/Exch.

(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

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

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

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

Contact Email Phone

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

Contact Email Phone

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

Contact Email Phone

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

(1) PW123B/D/E

(1) PW121 (ATR)

(1) PW124B

GEnx Engines

Company

CompanySale / Lease

Now - Sale / Lease

PW Small Engines Sale / Lease

Now - Sale / Lease

Now - Sale / Lease Magellan Aviation Group

Sale / Lease

Company

JT8D and JT9D Engines

Now - Sale / Lease

(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) PW127M Now - Sale/Lease/Exch.

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

Now - Sale / Lease

Now - Sale / Lease

Willis Lease

(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) PW120A Now - Sale / Lease Castlelake Neil McCrossan neil.mccrossan@castlelake.com +44-207-190-6119

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

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

Royal Aero

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 - 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

January 23, 2017

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

(multiple) PW4000-112 Now - Sale S.Jung/K.Milligan AircraftTrading@gatelesis.com +1 954-958-1321

(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

Commerical Engines (cont.)

Company

Willis Lease

Sale / Lease

Magellan Aviation Group

PW4000 Engines

(1) PW4168A Now - Lease

(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 - Sale TES Aviation Group Klaus Broker klaus.broker@tesaviation.com +44 1656 765 280

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 AerSale Inc Matthew White matthew white@aersale com +353 1475 3005

RB211 Engines CompanySale / Lease

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

Contact Email Phone

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

(1)Trent 884 Now - Sale/Lease/Exch. AerSale. Inc. Matthew White matthew.white@aersale.com +353 1475 3005

(1) Trent 772B Now - Sale/Lease/Exch. Rolls-Royce & Partners Finance Bobby Janagan bobby.janagan@rolls-royce.com +44 20 7227 9078

Contact Email Phone

(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

Sale / Lease Company

Trent Engines

V2500 Engines

Sale / Lease Company

(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) V2533-A5 Now - Sale / Lease Engine Lease Finance Declan Madigan declan.madigan@elfc.com +353 61 291717

Description Contact Email Phone

(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

Aircraft and Engine Parts, Components and Misc. EquipmentCompany

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, (1) APS1000-C3

(1) PW901A, (1) PW126 RGBGTCP131-9A (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 / LeasePW901A(4), PW901C(2)

TSCP700-4E Now - Sale

Now - Sale/Lease/Exchange AerSale. Inc. Alan Kehoe Alan.Kehoe@aersale.com +353 879 393 534

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

World Star Aviation Services Tommy Guttman tguttman@worldstaraviation.com +972-544-22000

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

National Aero Stands support@stands.aero + 1 305-558-8973Engine stands: TRENT 800, CFM56

APS 2000, PW901A

B737-400 main landing gears, with 2015 tags

APU GTCP 331-500B

767-300ER 413K LANDING GEAR

737-300/400 LANDING GEAR

CFM56-3 MODULES

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

Now - Sale / Lease

Now - Sale / Lease

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

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

V2500 / PW2000 / PW4000 94” & 100”

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

GTCP131-9A, GTCP 131-9B

GTCP36-300A, 737-800 Winglets

737-700 & 737-800 Landing Gear

January 23, 2017