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WEEKLY AVIATION HEADLINES

Continued on page 3

Qatar Airways unveiled its new Business Class experience recently at a packed world exclusive cere-mony at ITB Berlin that drew more than 200 international media, trav-el industry representatives and VIP guests.

The airline’s patented new Business Class QSuite, which features the industry’s first-ever double bed, was re-vealed before members of the in-ternational media, spectators and dignitaries, including the Mayor of Berlin, Mr. Michael Müller and the Qatari Ambassador to Germany, His Excellency Sheikh Saoud Bin Abdulrahman Al-Thani. Continu-ing the pioneering theme, the re-

veal moment was live-streamed to thousands online via Facebook, ensuring that no one missed this important event for the airline.

Qatar Airways Group Chief Execu-tive, Akbar Al Baker said: “This new product offering – an unri-

valled enhancement of our already award-winning Business Class cabin – will absolutely challenge industry norms and expectations. This is truly the future of Premium travel, and I am delighted at the reaction from our travellers, me-dia and industry experts. In this,

our 20th year, I am proud to still be leading the industry in terms of innovation and ambition to en-sure we continue to offer our pas-sengers the absolute best in both product and service.”

His Excellency Sheikh Saoud Bin Abdulrahman Al-Thani, Am-bassador of the State of Qatar in Ger-many com-mented: “This is a world class

reveal for a world class product and I am honoured to be present for this momentous occasion. The new first-class business class offer-ing from Qatar Airways perfectly upholds the airline’s award-win-ning reputation as the best busi-

WORLD NEWS

Al Baker (left seated)

launches the new product at ITB Berlin

Photo: Qatar Airways

ISSN 1718-7966 MArCh 13, 2017/ VOL. 581

A suite success Qatar wows at ITB Berlin

Azul becomes the E195-E2 launch operatorEmbraer announced that Azul Brazil-ian Airlines, the largest operator of the E195s current-generation in the world, will be the launch operator of the E195-E2. Azul’s contract with Embraer is for up to 50 aircraft, being 30 firm or-ders and 20 purchase rights. Currently, the Brazilian airline has a total of 73 E-Jets in service. The E195-E2s will be configured by Azul in a comfortable single-class layout with 130 seats and the aircraft will enter service with the airline in the first half of 2019.

Brisbane Airport launches smart biometrics processing Brisbane Airport, in partnership with SITA and Air New Zealand, has launched an Australian first trial of facial recognition technology that is set to transform the future of travel. The new SITA Smart Path technology uses sophisticated biometrics which allows passengers to present their de-tails at a self-service kiosk at check-in then, when ready to board, use an au-tomated boarding gate to be verified using face recognition technology to access the aircraft. Air New Zealand passengers are the first to trial Smart Path at Brisbane Airport, with plans to expand the service to more interna-tional airlines in the coming months.

IAG launch customer for Inmarsat inflight broadband solution International Airlines Group (IAG) has signed a contract to be the launch customer of Inmarsat’s European Aviation Network (EAN). IAG plans to equip in excess of 300 aircraft with EAN and aims to have 90% of its short haul fleet complete by early 2019. Airlines include Aer Lingus, British Airways, Iberia and Vueling with in-stallation having already commenced on the British Airways fleet, with three aircraft fitted to date.

WWW.AVTRADE.COM

PUSHING THE BOUNDARIESOF COMPONENT SUPPLY.

“This new product offering... will absolutely challenge industry norms and expectations.”Qatar Airways Chief Executive, Akbar Al Baker

Aeroset © Copyright 2017 - All Rights Reserved

www.aeroset.co.uk

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WEEKLY AVIATION HEADLINES

ALC and Aer Lingus sign lease agree-ments for 7 new A321neo LRs

Air Lease Corporation (ALC) has signed long term lease agreements with Aer Lingus for seven new Airbus A321neo Lr aircraft to operate on trans-atlantic and other routes. The aircraft are from ALC’s order book with Airbus. “The lease of the A321neo Lr aircraft from ALC is the culmination of a long relationship with Aer Lingus. We have seen their long-range fleet evolve from Boeing 747s to Airbus A330s to now Airbus A321s. We take great pride in extending our relationship with Aer Lingus. The A321neo Lr aircraft leased from ALC will allow Aer Lingus to eventually re-place four Boeing 757s, and add more non-stop routes and frequencies to U.S. and Canadian cit-ies,” said Steven F. Udvar-házy, Executive Chair-man, Air Lease Corporation. Delivery of the air-craft is scheduled to begin in the second quarter of 2019, with three deliveries in 2019 and four deliveries in 2020.

AIRCRAFT & ENGINE NEWS Orders and deliveries – Boeing and Airbus

Airbus completed 49 deliveries during February from across its single-aisle and widebody product lines, including five A350-900s – bringing to 70 the total number of A350 XWB jetlin-ers received by international customers as of the month’s end. No orders were generated in February. Boeing reported 43 orders in February for unidentified customers and delivered 51 aircraft to international operators.

Airbus v Boeing: Orders and DeliveriesFebruary 2017 YTD

Airbus Boeing

Type Orders Deliveries Type Orders Deliveries

A320 Family -5 60 737 37 66

A330 -4 7 747 -2 0

A340 0 0 767 15 1

A350 3 6 777 1 7

A380 -2 1 787 7 21

Total -8 74 Total 58 95Source: Airbus Source: Boeing

ness class in the world and offers a new level of comfort for premium travel and we are proud of this achievement.”

In addition to the industry’s first-ever double bed available in Business Class, the new seat design features privacy panels that stow away, allowing passengers in adjoining seats to create their own private room. Adjustable panels and movable TV monitors on the centre four seats allow colleagues, friends or families travelling together to transform their space into a private suite, giving them the opportunity to work, dine and socialise togeth-er. These new features provide the ultimate customisable travel experience that enables passengers to create an environment that suits their own unique needs.

The airline was awarded the World’s Best Business Class by Skytrax in 2016, and its home hub, hamad International Airport was also recently honoured with five stars at the Skytrax World Airport Awards.

...continued from page 1

Qatar’s new Business Class QSuite Photo: Qatar Airways

0March 6, 2017 / Vol. 58FeJbanruuararyy 13, 2017 / V 23, 2017 / Vol. 577ol. 574

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Milestone Aviation to lease seven heli-copters to Thai Aviation Services

Milestone Aviation Group, a leader in heli-copter leasing, has leased two Sikorsky S-92 and five Sikorsky S-76D helicopters to be op-erated by Thai Aviation Services (TAS). Of the seven aircraft, six were newly delivered from Milestone’s order book, and the seventh was sourced from Milestone’s existing fleet. TAS will utilize the helicopters to provide crew transport and additional oil field support ser-vices to a major international oil company in the Gulf of Thailand.

Waypoint Leasing enters Chinese mar-ket with multiple helicopter lease agreements

Independent global helicopter leasing com-pany Waypoint Leasing (Ireland), has entered into a lease agreement with Shanghai Skyway General Aviation Company (Skyway), a pro-vider of helicopter transportation and related support services in China, for one new Airbus h135 helicopter, which will be used for emer-gency medical services. Separately, Waypoint announced that it has agreed to lease an Air-bus AS350B3 helicopter from its existing fleet to another operator in China.

LCI to lease three AW169s to Airlift

Lease Corporation International (LCI), the avi-ation division of the Libra Group, has leased three Leonardo AW169 helicopters to Airlift, the Norwegian subsidiary of NhV Group. The three AW169s will be leased from LCI to sup-port Airlift’s sea pilots transfer operations in Norway, with first deliveries expected by the end of June this year. Airlift AS, based in Forde (Bygstad), became part of NhV Group in 2014 and is one of Norway’s leading pro-viders of helicopter services, specialized in offshore and onshore activities, heavylift op-erations and search and rescue missions.

Waypoint Leasing to bolster fleet with 16 new Airbus helicopters

Waypoint Leasing has committed to acquir-ing an additional 16 Airbus rotorcraft, add-ing to their fleet of more than 140 aircraft, 45 of which are manufactured by Airbus helicopters. The agreement, for more than €100m (US$106m), covers the purchase of 16 aircraft including supplementary h135s and h145s and adding the h175 for the first time

AIRCRAFT & ENGINE NEWS

to Waypoint’s fleet. Waypoint will primarily lease the h135s and h145s to operators per-forming EMS and utility missions worldwide, while the h175 will be available for oil and gas, search and rescue, and public service missions. Prior to this announcement, Way-point had firm commitments for 26 h135s and h145s from Airbus.

Air Partner sells two B737-700s on be-half of Kenya Airways

Air Partner’s Aircraft remarketing division (formerly Cabot Aviation), a leading air-craft remarketing agent, has arranged the sale of two B737-700 aircraft on behalf of

Kenya Airways. The aircraft were sold to an undisclosed lessor and leased back to Kenya Airways for continued operation. The air-craft, serial numbers 32371 and 32372, were originally delivered new to Kenya Airways in 2002 and 2003 and were operated by the airline on its scheduled routes. The aircraft are powered by CFM56-7B26 engines. Air Partner was appointed as Kenya Airways’ exclusive aircraft remarketing agent in Au-gust 2015 and, in addition to the B737-700s, has also sold three B777-200ERs for Kenya Airways. Kenya Airways continues to retain Air Partner to remarket its one remaining Boeing B777-200Er, MSN 33683, and a new GE90-115BL engine, which are available for immediate sale.

Second Bombardier Global 7000 flight test vehicle takes to the skies

Bombardier Business Aircraft has reported that the Global 7000 and Global 8000 aircraft program’s second flight test vehicle (FTV2) has completed its initial flight. FTV2, named “The Powerhouse,” is designed to test aircraft systems, including propulsion, and electrical and me-chanical systems, all of which were fully functional during the 4 hour, 28 minute flight. FTV2 took off from Bombardier’s Toronto facility at 10:50 a.m. EST on Saturday. The initial flight also tested the aircraft’s performance at high altitude, with FTV2 climbing to 43,000 feet (13,106.4 meters), as expected. “The successful flight of the first flight test vehicle (FTV1) in November 2016 paved the way to the smooth flight of FTV2 this past weekend,” said Michel Ouellette, Senior Vice President, Global 7000 and Global 8000 Program. “We are focused on meeting the program’s development and certification schedule and, once again, we have demonstrated our ability to deliver results through the hard work and dedication of the highly skilled teams working on the program.”

FTV2 takes to the skies from Bombardier’s Toronto facility Photo: Bombardier

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WEEKLY AVIATION HEADLINES

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Everest EventsRECORDS & TOTAL ASSET MANAGEMENT SEMINAR5 April 2017, Dublin, Gresham Hotel

GE Aviation Wales prepares for growth and next-generation jet engine

GE Aviation has announced the selection of its Wales site as the GE Maintenance repair and Overhaul (MrO) facility for the GE9X jet engine. The Nantgarw overhaul facility, based just north of Cardiff, has been chosen to lead the company’s global ‘Entry into Ser-vice’ readiness program. GE Aviation Wales was selected based on its wealth of technical expertise and its track record of continuous improvement. The site, which employs more than 1,400 people, will also benefit from a £5m (US$6.1m )investment from the Welsh Government to help toward the total £20m (US$24.4m) investment, over the next five years to equip and upskill the facility to be ready to maintain the GE9X fleet when it en-ters service on the Boeing 777X.

AerFin takes delivery of further Boeing 737-800 aircraft

AerFin continues its acquisition of Boeing 737-800 aircraft for spares with the purchaseof MSN 29039 from the Investec Global Air-craft Fund (IGAF). The aircraft was manufac-tured in September 1999 and, like the sistership of MSN 29041 (acquired by AerFin inFebruary), will be used to build on AerFin’swell-established support for the 737NG glob-al spares market.

Boeing 737 MAX 8 earns FAA certification

The U.S. Federal Aviation Administration (FAA) has certified the 737 MAX 8 airplane for commercial service. Boeing is now in the final

AIRCRAFT & ENGINE NEWS Embraer rolls out new E195-E2 – flight testing to begin ahead of schedule

In front of approximately 10,000 employees, Embraer, the Brazilian plane manufacturer rolled out the next member of the E2 family, the up to 146-seat E195-E2 at the company’s facilities in São José dos Campos. The jet is now scheduled to begin aerodynamic and performance flight tests in the first half of this year instead of the earlier predicted latter half. According to John Slattery, President & CEO, Embraer Commercial Aviation: “The E195-E2 has the potential to significantly change the fleet profile of airlines around the world. With a 20% lower cost per trip and a cost per seat similar to larger aircraft, the E195-E2 becomes the ideal aircraft for regional business growth as well as low-cost business plans and complementing existing mainline fleets.” he added that “It’s the largest aircraft ever manufactured in Brazil,” while also commenting that: “It’s a special piece of history for us, and we want to celebrate with our employees.”Since the announcement in 2013 of the launch of the E195-E2, there have been a number of design changes, including an increase to the aircraft’s maximum take-off weight and an exten-sion of its wingspan, added 450nm of additional range for a maximum range of 2,450nm for sea-level take-offs. The E195-E2 is scheduled to enter service in the first half of 2019, a year after the E190-E2 enters service with launch operator Wideroe. Currently there are 275 firm commitments to purchase E2 aircraft, and a further 415 options and purchase rights.It is understood that Embraer plans to showcase the E195-E2 at June’s Paris air show.With an investment of US$1.7 billion, the E2 program was launched in June 2013 and rein-forces Embraer’s commitment to continuously invest in its commercial aviation products as well as maintain market leadership in the 70-to 130-seat segment.

Embraer rolls out new E195-E2 Photo: Embraer

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Milestone Aviation places €200m firm order with Airbus Helicopters

Milestone Aviation Group, a global leader in helicopter leasing, has placed a €200m (US$212m) firm order with Airbus helicopters including h145, h135 and h175 helicop-ters. Delivery of the aircraft on order is scheduled to begin in mid-2017 with deployment into emergency medical service and other parapublic segments. Milestone’s current heli-copter fleet includes over 60 Airbus helicopters consisting of h130, h135, h145, h155, h175 and h225 models, with a cost of nearly US$1bn. In 2016, Milestone acquired 10 Airbus h145s largely supporting global EMS missions and believes there is significant op-portunity for this light-twin aircraft.

Milestone Aviation places Airbus helicopter order worth €200m Photo: Airbus Helicopters

Precision Aviation Group receives FAA approval in Australia

Precision Aviation Group (PAG), a leading pro-vider of products and value-added services to the worldwide aerospace and defense in-dustry, has received approval from the Fed-eral Aviation Administration (FAA) to provide Maintenance repair and Overhaul (MrO) services for various accessories at PAG Com-pany Precision Accessories & Instruments – Australia (PAI-AU). “Already having a Part 145 CASA & EASA-approved repair station in Aus-tralia has enabled us to reduce aircraft down-time, improve response time, and has enabled customers to leverage the full scope of PAG services locally in Australia ,” said Chris Slade

MrO & PrODUCTION NEWS

, Director of Operations PAI-AU. “The recent approval from the FAA represents another ef-fort to extend our capabilities to international operators,” added Slade. The 15,000-ft² facil-

ity strategically located near Brisbane Airport, allows PAI-AU to provide sales, exchanges and MrO services to mission critical operators in “real time”.

stages of preparing for the first 737 MAX 8 delivery to customers in the coming months. To earn certification for the 737 MAX 8, Boe-ing undertook a comprehensive test program that began just over one year ago with four airplanes, plus ground and laboratory testing. Following a rigorous certification process, the FAA granted Boeing an Amended Type Certificate for the 737 MAX 8, verifying the design complies with required aviation regu-lations and is safe and reliable. The 737 MAX incorporates the latest technology CFM In-ternational LEAP-1B engines, Advanced Tech-nology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

AIRCRAFT & ENGINE NEWS

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SAA Technical (SOC) Limited (Reg. No 1999/024058/30)

Situated at OR Tambo International Airport Republic of South Africa

(Hereinafter referred to as “SAAT”)

REQUEST FOR BID (RFB) FOR THE FOLLOWING:

_____________________________________________________

RFB NO. SAAT004/17

REQUEST FOR BID FOR THE PREFERRED VENDOR DATABASE FOR ENGINE/APU LEASES

Enquiries may be directed ONLY in writing to the Project Manager: Belinda Rothquel – BelindaRothquel@flysaa.com

Fax : +27 (0)11 978 2638 _____________________________________________________

SAAT hereby invites suitably qualified suppliers to tender for the above request. RFB documents will be made available for download on

https://www.flysaa.com/za/en/footerlinks/aboutUs/saa-tenders.html from 13 March 2017, 11h00 (GMT+2)

The submission closing date is 28 March 2017, at 11h00 (GMT+2) No late submissions will be considered

Boeing celebrates rollout of first 737 MAX 9

Boeing marked a milestone on March 7, as the first 737 MAX 9 made its debut in front of thousands of Boeing employees. The 737 MAX 9 is the second member of Boeing’s 737 MAX family, with a maximum capacity of 220 passengers and a range of 3,515 nautical miles. The airplane now begins system checks, fueling and engine runs on the flight line. Once completed, the airplane will begin flight testing in the coming weeks – the final phase of verification of the operational characteristics and overall performance of a new airplane. The 737 MAX 9 is scheduled to enter service in 2018. The 737 MAX 8 is on track to deliver to customers in the second quarter of 2017.

Rollout of the first 737 MAX9 Photo: Boeing

BAE Systems Regional Aircraft wins two-year JetSpares contract extension from Braathens

BAE Systems Regional Aircraft has secured a two-year extension to its long-standing JetSpares contract with Braathens Regional Airlines in support of the airline’s fleet of 12 Avro rJ regional jetliners. The Swedish-based airline is the longest-standing JetSpares’ cus-tomer of BAE Systems, having first entered the programme in April 1996. At that time, the programme covered nearly 600 parts across ten aircraft. Since then, the JetSpares agreement has been renewed on many occa-sions and this latest agreement now covers 621 parts over the 12 aircraft fleet, which consists of 10 Avro rJ100s and two rJ85s. JertSpares is a customized rotable spares sup-port rate-per-flying-hour support agreement designed to allow an airline to focus on its flight operations while BAE Systems Regional Aircraft takes care of spares inventory, logis-tics and repairs. The priority is to keep the air-line’s business running smoothly by providing a first-class support service.

MrO & PrODUCTION NEWS

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WEEKLY AVIATION HEADLINES

Honeywell receives certification to keep helicopters connected

Honeywell has received Supplemental Type Certificates (STCs) — issued by a governmen-tal agency for approval to modify an aircraft from its original design — for its connectivity and condition-based maintenance products for a variety of helicopters. The new certifi-cation enables Honeywell’s Aspire 200 satel-lite communications system and Honeywell health and Usage Monitoring Systems to be used globally. These offerings will help heli-copter operators around the world in a variety of fields, including search and rescue, oil and gas, air ambulance, and law enforcement.

Vector Aerospace certified by GE Avia-tion as Authorized Service Provider for T700 turboshaft engines

Vector Aerospace Corporation has been ap-pointed by GE Aviation as an Authorized Maintenance, repair and Overhaul Provider for GE T700 Engines. This approval extends Vector’s 18-year association with GE on the T700 family, which is supported from Vector’s helicopter Services – North America facility in richmond, BC, Canada. This latest authoriza-tion adds to Vector’s existing GE license for repair and overhaul of the T700, as well as its U.S. Army and U.S. Navy source approvals for the engine. As such, foreign and domestic military operators can be assured that Vector is fully qualified to provide reliable, value-oriented depot maintenance, repair and over-haul support for their T700 engine fleets.

Pattonair wins first ANA contract to supply global MRO network

Global aerospace and defense supply chain provider, Pattonair, has won the company’s first contract from All Nippon Airways (ANA) to sup-port the airline’s global MrO network. Under the agreement signed this month, Pattonair will stock and supply C-class parts for maintaining and repairing ANA’s Rolls-Royce Trent 1000. Us-ing its global footprint, Pattonair will enhance the service to ANA’s global MrOs with Pattonair holding stock parts at its Singapore facility and at other dedicated facilities in specified regions.

TRUEngine program hits 15,000 engines

The TrUEngine program has reached 15,000 engine enrollments, a 25% increase in the last year. More than 200 operators and lessors

MrO & PrODUCTION NEWS

Rolls-Royce expands RR300 engine support for Robinson R66 helicopters

Rolls-Royce has expanded support for operators of its RR300 engines powering Robinson Helicop-ters r66 aircraft, adding new service locations, extended warranty coverage and updated technol-ogy. With nearly 800 rr300 engines delivered into the market for the r66, rolls-royce remains focused on delivering the best customer support possible. R66 operators have amassed more than 550,000 flight hours, with the rr300 engines proving to be as powerful, reliable and dependable as expected. Rolls-Royce has established the RR300 FIRST network to provide global support for op-erators. Based on the same proven competitive structure underpinning the successful M250 FIrST network, the authorized rr300 locations provide affordable, reliable service for r66 operators.

Rolls-Royce expands RR300 engine support for Robinson R66 helicopters Photo: Rolls-Royce

Cargolux contracts GEnx-2B reverser service

Cargolux has signed an agreement with Lufthansa Technik focusing on increased business be-tween the two companies. Under the terms of a new contract, Lufthansa Technik’s Airframe related Component (ArC) unit will provide maintenance, repair and overhaul of the thrust re-versers on the Cargolux fleet of Boeing 747-8 aircraft. The all-cargo airline, based in Luxembourg, currently operates 14 Boeing 747-8 freighter aircraft, in addition to a fleet of twelve 747-400 freighters. Complementing a planned reverser overhaul program which includes preventive maintenance, Lufthansa Technik will provide support in case of non-scheduled events and world-wide on-site assistance. An adequate pool of spares will be established and maintained, enabling Cargolux to make use of spare thrust reversers under a loan and/or exchange program if required.

Cargolux and Lufthansa Technik sign MRO services contract for thrust reversers Photo: Marc Fairbairn

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WEEKLY AVIATION HEADLINES

have enrolled their engines in the TRUEngine program. The TRUEngine qualification pro-cess includes the customer submitting main-tenance records and a review by GE or CFM to ensure engine configuration and overhaul practices are consistent with GE- and CFM-is-sued engine manuals and other recommenda-tions. There is no cost to participate, and the TRUEngine designation is fully transferable. With the TrUEngine designation, engine own-ers, potential buyers, lessors and appraisers know an engine’s content and maintenance history have been verified by GE or CFM, enabling them to more easily evaluate engine configuration, asset value and re-marketabil-ity. Launched in 2008 for the CFM56 engine family, the program has expanded to include GE’s GE90, CF6, GEnx and CF34 engines.

Cambodia Angkor Air signs with AFI KLM E&M

AFI KLM E&M has won a long-term contract covering component support for Cambodia Angkor Air’s fleet of A320s. The fleet cur-rently comprises three aircraft, rising to ten within the coming few years. The agreement includes full component support services, re-pairs and maintenance, pool access, and the provision of a Main Base Kit with local ser-vices. Cambodia Angkor Air will have access to AFI KLM E&M’s significant A320 inventory network in Southeast Asia, a major benefit for its clients operating in the region.

Icelandair signs TrueChoice Transitions agreement with GE

Icelandair has signed a TrueChoice Transitions agreement with GE Aviation for a custom-or-dered CF6-80C2 spare engine. This agreement follows a TrueChoice Transition agreement between Icelandair and GE signed last year for the maintenance of CF6-80C2 engines that power the airline’s four Boeing 767 aircraft.

Avtrade signs new Component Support Solutions contract in the Middle East

Avtrade continues to develop its Component Support Solutions portfolio with the signa-ture of a recently launched low-budget airline based in the Middle East. Avtrade will pro-vide expert component support and bespoke service consisting of pool access, core repair management, and a main base kit conveni-ently positioned on site for AOG and critical requirements. Avtrade will support the air-

MrO & PrODUCTION NEWS Airbus and THAI to evaluate new MRO business

Airbus has signed a Memorandum of Understanding (MoU) with Thai Airways Interna-tional (ThAI) to evaluate the development of a major new maintenance and overhaul (MrO) facility at U-Tapao International Airport near Bangkok. The new MrO would be one of the most modern and extensive in the Asia-Pacific region, offering line and heavy maintenance services for a wide range of aircraft types. A new complex would feature the latest digital technologies to analyze aircraft maintenance data, as well as advanced inspection techniques, including the use of drones to monitor aircraft airframes. The MrO campus would also include specialized repair shops, including a repair centre for composite structures, as well as a maintenance training centre offering extensive courses for technical personnel from Thailand and overseas. The Airbus and ThAI joint initiative will be a strategic contribution to the Eastern Economic Corridor designed by the Thai Government, in which U-Tapao International Airport is set to become a new aerospace hub in the region.

left to right: Somkid Jatusripitak, Deputy Prime Minister of the Kingdom of Thailand, Usanee Sangsingkeo, Acting President, Thai Airways International and Fabrice Brégier, President, Airbus Commercial Aircraft Photo: Airbus

line’s entire A320 fleet 24 hours a day, 365 days a year, from its vast stock based at both UK headquarters and in the Middle East. The contract will be maintained by Avtrade’s expe-rienced Support Contracts team based in the UK, ready to provide continuous availability of parts for immediate shipment, whilst ad-ditional local support will be offered by the Dubai team. Providing guaranteed delivery of quality aircraft components and a first-class 24/7 AOG service will enable the airline to suc-cessfully compete in the Middle East market.

Titan Airways renews and extends wheel and brake support contract with Rotable Repairs

Following a successful two years of support, Titan Airways has signed up for another three years with Wheel and Brake specialist Rotable

Repairs. The per-maintenance-event contract offers great value, located consignment stock and free delivery and collection between all London Airports from its increasing fleet of vehicles. Rotable Repairs continue to tailor their support program to the charter airline’s evolving fleet of Boeing and Airbus Aircraft by stocking, consigning wheel and brake ma-terial and by forging strong relationships with its suppliers.

Jetstar Pacific chooses AFI KLM E&M for component support

Jetstar Pacific, one of Vietnam’s biggest low-cost carriers, has signed a long-term compo-nent support agreement for its fleet of A320s. As part of the Jetstar Group of airlines, Jet-star Pacific’s current fleet comprises 14 Air-bus A320 aircraft – a number that is slated to

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WEEKLY AVIATION HEADLINES

10 percent in 2016 to US$193.1m. 2016 capi-tal expenditures were US$264.5m.

West Star Aviation acquires Falcon parts supplier Avant Aerospace

West Star Aviation has announced its acquisi-tion agreement with Avant Aerospace, a lead-ing supplier of Dassault Falcon Jet spares and equipment, located in Grapevine, TX. Avant Aerospace has established a great reputation since 2001 for the acquisition and supply of top-quality Dassault Falcon spares, equip-ment and tooling in support of F2000, F900 and F50 series aircraft. Avant will continue to operate under its given brand, supplying parts and services to better assist the needs of West Star customers and Falcon operators world-wide.

HEICO to acquire aviation interconnect distributor

HEICO Corporation has reported that its Flight Support Group has signed an agreement to acquire 80.1% of the operating units of Air Cost Control (A2C). A2C’s founders, Laurent and Laure Parelle will continue to own 19.9% of A2C. The purchase price and financial de-tails were not disclosed. HEICO stated that it expects the acquisition to be accretive to its earnings within the first year following the acquisition. Founded by the Parelles in 2000, A2C is a leading aviation electrical intercon-nect product distributor of items such as con-nectors, wire, cable, protection and fasten-ing systems. It also distributes a wide range of electromechanical parts. A2C’s customers include aircraft manufacturers and their sub-tier suppliers, as well as airlines and mainte-nance, repair and overhaul (MrO) organiza-

AeroCentury earns US$1.2m in 2016

AeroCentury, an independent aircraft leas-ing company, reported 2016 earnings were US$1.2m compared to 2015 earnings of US$6.4m. “AeroCentury made investments in leased assets totaling US$69m in the third quarter of 2016, the impact of which we are now seeing in the form of increasing operat-ing lease revenue,” said Michael G. Magnus-son, Chief Executive Officer. Operating lease revenue in the fourth quarter of 2016 was US$7.4m, reflecting an increase of 22 percent compared to operating lease revenue in the third quarter of 2016 of US$6.1m, and an in-crease of 20 percent, compared to the fourth quarter of 2015 of US$6.2m. In the fourth quarter of 2016, AeroCentury recorded a loss of US$40,000, reflecting a US$906,000 im-pairment charge. There was an atypical tax rate due to differences in the book and tax treatment of certain items. In the third quar-ter of 2016, earnings were US$530,000, which included US$1.2m in gains from sales-type fi-nance leases. In the fourth quarter of 2015, earnings were US$3.1m, which included US$6.3m in gains on disposal of assets.

Air Transport Services Group posts quarter and full-year 2016 results

Air Transport Services Group reported con-solidated financial results for the quarter and full year ended December 31, 2016. revenues increased 24 percent to US$768.9m for the year, and were up 22 percent to US$221.7m for the quarter. Excluding revenues from reim-bursable airline expenses, revenues increased 18 percent for the year and 17 percent for the quarter. Principal contributors were ATSG’s aircraft leasing, maintenance, and logistics businesses. Adjusted EBITDA increased sev-en percent to US$211.8m for 2016. Fourth-quarter Adjusted EBITDA was US$56.4m, even with the prior year. Adjusted EBITDA and the other non-GAAP measures above do not ex-clude the effects of the work stoppage in the fourth quarter. Operating cash flow increased

FINANCIAL NEWS

grow to 30 by 2021. The contract covers com-ponent support and repairs, plus access to a local spares pool located at ho Chi Minh City. Concurrently, AFI KLM E&M subsidiary EPCOr has won a contract covering four overhauls for the APS3200 APUs equipping the Vietnam-ese airline’s fleet.

Ameco develops Trent 700 engine thrust reverser capability

In February, Ameco completed its first thrust reverser repair work for a rolls royce Trent 700 powerplant. The component is part of an engine belonging to an Air China aircraft. Ameco becomes the first MrO shop to own this capability in China. According to Andreas Meisel, Ameco Chief Operating Officer (MrO), this is a significant milestone in the development of the company’s capability. . Ameco has been rapidly growing its aircraft-related component capability over recent years, which now enables it to carry out repair work on the thrust reversers for International Aero Engines V2500-V5, CFM International CFM56-5B and CFM56-7B, as well as Trent 700 engines. Ameco’s annual revenue on the aircraft-related components in 2016 saw double growth compared to the year before. Apart from the thrust reverser, Ameco is capable of the repair work on the other aircraft-related components such as inlet duct and radome for most of Boeing and Airbus series.

Ameco’s first Trent 700 engine thrust reverser repair Photo: Ameco/ Li Kaiyan

MrO & PrODUCTION NEWS

14

WEEKLY AVIATION HEADLINES

The 36-State ICAO Council has adopted a new aircraft CO2 emissions standard which will reduce the impact of aviation greenhouse gas emissions on the global climate. Contained in a new Volume III to Annex 16 of the Chicago Convention (Envi-ronmental Protection), the aircraft CO2 emissions measure represents the world’s first global design certification standard governing CO2 emissions for any industry sector. The standard will apply to new aircraft type designs from 2020, and to aircraft type designs already in-production as of 2023. Those in-production aircraft which, by 2028, do not meet the standard will no longer be able to be produced unless their designs are sufficiently modified. Dr. Olumuyiwa Benard Aliu, ICAO Coun-cil President, stressed that: “International civil avi-ation has once again taken pioneering action to address the impact of aviation CO2 emissions on the global climate, making air transport the first industry sector globally to adopt a CO2 emissions design certification standard. Alongside our 39th Assembly’s landmark agreement last October on the new Carbon Offsetting and reduction Scheme for International Aviation (COrSIA), this latest de-velopment confirms our sector’s leadership and concrete actions toward ensuring a sustainable and environmentally responsible future for global civil aviation.” A specialized agency of the United Nations, ICAO was created in 1944 to promote the safe and or-derly development of international civil aviation throughout the world. It sets standards and regu-lations necessary for aviation safety, security, ef-ficiency, capacity and environmental protection, amongst many other priorities. The organization

OTHER NEWS

• Norwegian carried close to 2.1million passengers in February2017, an increase of 12% compared to the same month last year. Totaltraffic increased by 24%, while ca-pacity increased by 22%. The loadfactor was 86.3%, up 0.7 points compared to February 2016.

• Finnair reported that traffic in

February 2017 grew by 2.5% as the passenger load factor increased by 3.8 points to 82.9 percent. Finnair’s overall capacity decreased by 2.2 percent year-on-year.

• WestJet announced February2017 traffic results with a load fac-tor of 85.2%, an increase of 2.0 points year over year. Traffic for Feb-

ruary increased 5.2% year over year and capacity grew 2.7%.

• UAL’s February 2017 consolidated traffic decreased 0.8% and con-solidated capacity decreased 0.4%versus February 2016. UAL’s Febru-ary 2017 consolidated load factordecreased 0.3 points to 76.7% com-pared to February 2016.

• American Airlines Group’s totaltraffic for February was down 3.3% versus February 2016 and total ca-pacity was down 3.7% versus Febru-ary 2016. Total passenger load fac-tor was 77.3%, up 0.3 points versus February 2016.

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tions worldwide. The acquisition, which is expected to be completed within 30-45 days, is subject to a foreign governmental approval and standard closing conditions.

FLY Leasing reports 2016 net loss of US$29.1m

FLY Leasing has reported a net loss of US$63.8m for the fourth quarter of 2016. The loss is primarily driven by a US$92m non-cash impairment charge taken on three older, out-of-production wide-body aircraft. In the fourth quarter of 2015, FLy reported net in-come of US$19.1m. The net loss for the year ended December 31, 2016 was US$29.1m, compared to net income of US$22.8m for the year ended December 31, 2015. Adjusted Net Income was US$30.6m for the fourth quarter of 2016, compared to US$48.3m in the same period in the previous year. For the year end-ed December 31, 2016, adjusted net income was US$79.3m, compared to US$132.0m for the year ended December 31, 2015.

Embraer releases fourth-quarter and fiscal year 2016 results

In the fourth-quarter 2016, Embraer delivered 32 commercial and 43 executive (25 light and 18 large) jets. The company ended 2016 with 108 total commercial aircraft deliveries and

117 executive (73 light and 44 large) jet de-liveries, both meeting their respective guid-ance for 2016. Revenues in the fourth quarter reached US$ 2,027.8m and for the full year 2016 were US$6,217.5m, slightly above the company’s 2016 revenue guidance range of US$5.8 to US$6.2bn. Fourth-quarter net in-come attributable to Embraer Shareholders and Earnings per ADS were US$195.2m and US$1.06 per ADS (US$209.1m and US$1.14 per ADS excluding deferred tax and nonrecurring items). In 2016 net income attributable to Em-braer Shareholders and Earnings per ADS were US$166.1m and US$0.90 per ADS (US$290.5m and US$1.58 per ADS excluding items.)

Argos Siditic to acquire ownership posi-tion in Revima Group

Argos Soditic, the European lower-mid-market private-equity firm, has entered into exclusive negotiations to acquire an owner-ship position, along with Olivier Legrand and Christian Grzanka, in revima Group, a leading independent aerospace Maintenance, repair and Overhaul service provider, primarily fo-cused on Auxiliary Power Unit & Landing Gear products. The transaction, subject to cus-tomary authorizations, is expected to close by summer 2017. The transaction will allow Revima Group to provide an improved quality of service and reinforced agility to anticipate customers’ expectations and adapt to evolv-ing market conditions.

FINANCIAL NEWS

15

WEEKLY AVIATION HEADLINES

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• airberlin has ap-pointed Götz Ahmel-mann as Chief Com-mercial Officer (CCO).Ahmelmann returnsto airberlin from Eti-had Airways where,since 2015, he suc-cessfully implemented

projects among the European Etihad Air-ways Partners. he will contribute his valu-able international commercial experience to further the future growth of airberlin as a network carrier. Ahmelmann joined airberlin on March 1, on the same date, Julio Rodriguez took up the position of Chief Commercial Officer (CCO) with NIKI.

• Ascent Aerospacehas appointed Mi-chael Mahfet as ChiefExecutive Officer, ef-fective immediately.This role will be inaddition to his cur-rent capacity as presi-dent of the company’s

newly expanded Ascent Integration & Au-tomation Group (I&A Group).

serves as the forum for cooperation in all fields of civil aviation among its 191 member states.

AerData has signed an agreement with Finnair for AerData’s Engine Fleet Planning and Costing (EFPAC) software. AerData’s software and ser-vices improve efficiencies and enhance competi-tiveness for customers, including some of the world’s largest airlines, lessors and MrOs. EFPAC utilizes financial, operational and technical data for enhanced decision making throughout the entire organization for engines, APU’s and land-ing gear. EFPAC collects maintenance and perfor-mance data to establish a maintenance plan. It employs descriptive analytics to visualize shop visit details and overall engine maintenance sta-tus. EFPAC uses prescriptive analytics to simulate future maintenance plan scenarios, allowing air-line personnel to optimize shop visit planning, predict engine component life and model finan-cial aspects of engine assets. The EFPAC analytics tool helps airlines perform lifecycle analysis in hours or days, while traditional manual methods typically take weeks to complete.

Component Control has reported that Meridian Helicopters, an aviation services company that specializes in helicopter brokering, long-term leasing and maintenance, has selected Quantum Control MrO and Logistics software to enhance its inventory tracking, future planning capabili-ties and customer service. Based in Broussard, Louisiana, Meridian helicopters provides heli-copter brokerage services for oil and gas, cor-porate, geological, firefighting and government operators in South America and North America. On the leasing side, the company serves corpo-rate, tourism and flight training operators. Me-ridian Helicopters also provides maintenance refurbishment capabilities, including composite, electrical, component overhaul and interiors for the Bell Helicopter product line.

UTC Aerospace Systems, which designs, manu-factures and services integrated systems and components for the commercial aerospace in-dustry, has selected Quantum Control MRO and Logistics software to support on-time delivery and on-cost execution. The company will launch the Quantum Control MrO and Logistics soft-ware at its Aerostructures business headquar-tered in Chula Vista, California. Aerostructures is a world leader in the design, manufacture, inte-gration, and support of nacelle systems for large commercial aircraft. Aerostructures has a global network of comprehensive aftermarket sup-port services, including maintenance, repair and overhaul (MrO), asset lease/exchange, spare parts, training, logistics and technical support.

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INDUSTry PEOPLE

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

EASA & Continuing Airworthiness Seminar 2017 April 04, 2017 – April 04, 2017 The Gresham Hotel, Dublin, Ireland

Aircraft Records & Total Asset Management Seminar 2017 April 05, 2017 – April 05, 2017 The Gresham Hotel, Dublin, Ireland

Technical Aspects of a Leased Asset 2017 May 15, 2017 – May 15, 2017 NH Berlin Friedrichstrasse, Berlin, Germany

Maintenance Reserves Training Seminar 2017 May 16, 2017 – May 16, 2017 NH Berlin Friedrichstrasse, Berlin, Germany

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

A319-100 Aerotask CFM56-5B6 4713 2011 Now ACMI Lease Robert Sitta fleet@aerotask.ae +97142500373

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

A320-200 FPG Amentum V2527-A5 3162 2007 Q1/2017 Sale / Lease Jack Hynes marketing@fpg-amentum.aero +353 16398125

A320-200 FPG Amentum V2527-A5 3316 2007 Q1/2017 Sale / Lease Jack Hynes marketing@fpg-amentum.aero +353 16398125

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

Commercial Jet Aircraft

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 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

A321-231 Castlelake V2533-A5 1487 2001 Nov 2017 Lease Michael Hackett michael.hackett@castlelake.com +44-207-190-6120

A330-200 FPG Amentum PW4168A 943 2008 Q2/2018 Sale / Lease Jack Hynes marketing@fpg-amentum.aero +353 16398125

A330-200 FPG Amentum PW4168A 962 2008 Q2/2018 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 Richard.Rosser@aerfin.com +4429216762963 0 3 3 e C 56 5C 5 996 o Sa e / ease osse c a d osse @ae co 9 6 6 96

A340-313 Aerotask CFM56-5C4 278 1999 Now Sale Robert Sitta fleet@aerotask.ae +97142500373

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

East Africa

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 GA Telesis CFM56-7B26 28405 1998 Q1/2017 Sale Stefanie Jung sjung@gatelesis.com +1 954 676 3111

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

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 Stefanie Jung sjung@gatelesis.com +1 954 676 3111

B747-400 Jet Midwest PW4056-3 29906 1999 Now Sale / Lease Kevin Lee aircraft@jetmidwest.com +1-310-652-0296

B747-400BCF Jet Midwest PW4056-3 24226 1990 Now Sale / Lease Kevin Lee aircraft@jetmidwest.com +1-310-652-0296

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

B757-222 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 +1 202-682-4000

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

B777-200 GA Telesis 28999 Now Sale Stefanie Jung sjung@gatelesis.com +1 954 676 3111

B777-200 GA Telesis 28523 Now Sale Stefanie Jung sjung@gatelesis.com +1 954 676 3111

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

Regional Jet / Turboprop Aircraft

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

PW124B 455 1995 Now Sale / Lease Fred Van Acker fred@txavgroup.com +1 (214)-906-5635ATR72-202 Cargo Texas Aviation

March 13, 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

ATR72-500 Aerotask PW127F/M 761 2007 Now ACMI Lease Robert Sitta fleet@aerotask.ae +97142500373

ATR72-500 Castlelake PW127F 518 1998 Now Sale / Lease Neil McCrossan neil.mccrossan@castlelake.com +44-207-190-6120

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 C tl l k PW123 286 1991 N S l / L N il M C il @ tl l k +44 207 190 6120

Regional Jet / Turboprop Aircraft (cont.)

DHC8-311 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

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

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 4000ERJ-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

F100 Aerotask Tay 650-15 11498 1994 Now Sale Robert Sitta fleet@aerotask.ae +97142500373

Contact Email Phone

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

Company

Multiple Engines GE / CFM / RB211

Multiple Types Sale / Lease

Commerical Engines

GECAS Engine LeasingNow - Sale / Lease

Contact Email Phone

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

(3) AE3007A1P Now - Sale/Lease/Exch. Regional One Miguel Bolivar mbolivar@RegionalOne.com +1 786-623-3936

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

Contact Email PhoneCF34-8E5 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

Company

CF34 Engines

AE3007 Engines Sale / Lease

Sale / Lease

Magellan Aviation Group

Company

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

(1) CF34-3B1 Now - Lease David Desaulniers ddesaulniers@willislease.com +1 415 516 4837

Contact Email Phone

(1) CF6 80C2B1F N S l / L A S l I Al K h Al K h @ l 353 879 393 534

CF34-8E(s)

Willis Lease

Now - Sale / Lease GECAS Engine Leasing

Magellan Aviation Group

CompanySale / LeaseCF6 Engines

(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

(2) CF6-80C2B5F Now - Lease Ann Lee alee@willislease.com +1 (415) 408 4769

(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

(1) CF6-80E1A2 Now - Sale

(1) CF6 80C2B1F (unserviceable for liquidation) March 7 2017 sale Stefanie Jung sjung@gatelesis com +1 954 676 3111

Willis Lease

(1) CF6-80C2B1F (unserviceable for liquidation) March 7, 2017 - sale Stefanie Jung sjung@gatelesis.com +1 954 676 3111

Contact Email Phone

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

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

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

Company

Royal Aero

Sale / LeaseCFM56 Engines

March 13, 2017

GECASEngine Leasing

X �

Engine Lease Finance

THE AIRCRAFT AND ENGINE MARKETPLACEPage 3 of 4

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) CFM56-7B27 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

(1) CFM56-3B2 (SERV 2,749CR) Now - Sale Texas Aviation Group Fred Van Acker fred@txavgroup.com +1 (214)-906-5635

(2) CFM56-5B5/P Now - Sale/Lease/Exch Avioserv San Diego Inc David Strockbine Dstrockbine@avioserv com +1 858 997 8702

Sale / LeaseCFM56 Engines Company

Commerical Engines (cont.)

(2) CFM56 5B5/P Now Sale/Lease/Exch. Avioserv San Diego Inc David Strockbine Dstrockbine@avioserv.com +1.858.997.8702

(2) CFM56-5C4/P Now - Sale / Lease Castlelake Neil McCrossan neil.mccrossan@castlelake.com +44-207-190-6119

(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

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

(2) CFM56-5C4/P Now - Sale / Lease Castlelake Neil McCrossan neil.mccrossan@castlelake.com +44-207-190-6119

GECAS Engine Leasing

Magellan Aviation Group

Now - Sale(2) CFM56-5A

( ) @

(1) CFM56-3C1 Now - Sale / Exchange CFM Materials Jimmy Hill Jimmy.Hill@cfmmaterials.com +1 214-988-6670

(2) CFM56-5B6 Now - Sale / Exchange

(2) CFM56-7B26 Now - Sale / Exchange

(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) CFM56-7B 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

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

(1) CFM56-7B27E Now - Lease

(3) CFM56-5C4 Now - Lease

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

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

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

Willis Lease(1) CFM56-7B26 Now - Lease

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

(1) JT9D-7R4D-E Now - Sale/Lease Jet Midwest Dave Williams dave.williams@jetmidwest.com +1-817-791-4930

(3) JT8D-217/219 Now - Sale GA Telesis Robert Huffman rhuffman@gatelesis.com +1 954 676 3111

Contact Email Phone

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

(1) PW123B/D/E

Sale / Lease

Company

JT8D and JT9D Engines

Now - Sale / Lease

PW Small Engines Sale / Lease

Now - Sale / Lease

Now - Sale / Lease Magellan Aviation Group

(1) PW124B

CompanySale / LeaseGEnx Engines

Company

(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.

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

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

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

(2) PW124B N S l /L /E h

Now - Sale / Lease

Now - Sale / Lease

Willis Lease

Now - Sale / 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

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 LeasePW123B Now - Lease

PW124B Now - Lease

PW125B Now - Lease

PW127F Now - Lease

March 13, 2017

THE AIRCRAFT AND ENGINE MARKETPLACEPage 4 of 4

PW127M Now - Lease Lufthansa Technik AERO Alzey Kai Ebach k.ebach@lhaero.com +49-6731-497-368

PW150A Now - Lease

PW150 GRB Now - Lease

(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

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

PW2000 Engines

Royal Aero

Sale / Lease

Commerical Engines (cont.)

Company

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

(4) PW4056-3 Now - Sale/Lease/Exch. Regional One Miguel Bolivar mbolivar@RegionalOne.com +1 786-623-3936

(1) PW4056-3 Now - Sale/Lease Jet Midwest Kevin Lee engines@jetmidwest.com +1-310-652-0296

(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) PW4062 3 N L A L l @ illi l 1 (415) 408 4769

Magellan Aviation Group

PW4000 Engines Sale / Lease Company

Willi L(1) PW4062-3 Now - Lease Ann Lee alee@willislease.com +1 (415) 408 4769

(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) RB211-535 Now - Sale/Lease Jet Midwest Kevin Lee engines@jetmidwest.com +1-310-652-0296

RB211 Engines Sale / Lease

Willis Lease

Company

( ) g @j

(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

(4) Tay 650-15 Now - Sale / Lease Aerotask Robert Sitta fleet@aerotask.ae +97142500373

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

Tay Engines Sale / Lease Company

CompanyTrent Engines Sale / Lease

Contact Email Phone

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) 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

Company

V2500 Engines

Aircraft and Engine Parts, Components and Misc. Equipment

Sale / Lease Company

3 0 a d g Gea o Sa e

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) RE220RJ, (1) PW126 RGB, (1) PW901A

(1) APS1000-C12, (1) APS1000-C3

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 - 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 + 1 305-558-8973

767-300ER 413K LANDING GEAR

737-300/400 LANDING GEAR

CFM56-3 MODULES

B737-400 main landing gears, with 2015 tags

APU GTCP 331-9B

APS 2000, PW901A

Engine stands: TRENT 800, CFM56

V2500 / PW2000 / PW4000 94” & 100”

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

767-300 Winglets

737-700 & 737-800 Landing Gear

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

GTCP131-9A, GTCP 131-9B

GTCP36-300A, 737-800 Winglets

March 13, 2017