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FIRST US AIRWAYS AIRCRAFT

TAKES TO THE SKIES IN

AMERICAN AIRLINES LIVERY

American Airlines entered into service the f irst legacy

US Airw ays aircraft, an Airbus A319, painted in the

American Airlines livery. The new ly dressed plane, tail

number N700UW, w ill debut its freshly painted fuselage

w ith service from Charlotte to New York's LaGuardia

Airport on f light 2060.

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ROLLS-ROYCE TRENT 900

ACHIEVES THREE MILLION

HOURS OF SERVICE

Rolls-Royce is celebrating its Trent 900 engine

achieving more than three million hours of service on

the Airbus A380 aircraft.The engine powered the

A380 into service for the first time with Singapore

Airlines in 2007 and is now flying with seven

operators on more than 60 aircraft. It has been

selected by 11 of 17 customers to have made an

engine choice.

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CESSNA Citation Latitude prototypemakes succesful first flight

The first f light of the Citation Latitude tested f laps, landing gear, pressurization

systems, anti-ice capabilities, stability and control. The test f light reached an altitude of

28,000 feet and attained speeds of 230 mph (Mach 0.6). Cessna f light engineers said

all systems are performing as expected.

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New FL Technics’ MRO centre inKaunas welcomes first clients

FL Technics, a global provider of comprehensive aircraft maintenance, repair and

overhaul services, has announced about the successful completion of w orks

rendered to its f irst clients in the new maintenance base in Kaunas, Lithuania. Since

receiving all the necessary certif icates, the MRO provider has already completed a set

of maintenance w orks on four aircraft, including the f irst C-check.

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First Ever IATA Cabin Operations

Safety Conference Premieres in

Madrid

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Lufthansa Technik first MRO providerapproved by Civil Aviation Authority ofIsrael

Israir Airlines, a successful provider of scheduled and chartered f lights from Israel, is

relying on the services of Lufthansa Technik w ithin the framew ork of a Technical

Operations Management (TOM) contract.

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Aircastle reaches $900m agreement forpurchase and leaseback of Boeing 777-300ER with LATAM

Aircastle Limited ("Aircastle") (NYSE: AYR) announced that it reached an agreement

w ith LATAM Airlines Group S.A. ("LATAM") to enter into purchase and leaseback

transactions involving eight Boeing 777-300ER aircraft.

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Ural Aviation Services, UTair TechnicalBase in Ufa, Receives EASACertification

Ural Aviation Services, a UTair Group subsidiary based on the territory of the Ufa

International Airport, has received certif ication from the European Aviation Safety

Agency (EASA). Certif ication w as issued on the basis of an audit regarding

compliance w ith EU requirements for operational procedures and the on site quality

management system for f light safety maintenance.

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Waypoint Leasing to acquire 12 EC225and 25 EC145 T2 rotorcraft from AirbusHelicopters

Tw o major Waypoint Leasing orders w ith Airbus Helicopters w ere announced today

as the global helicopter lessor intends to acquire 37 EC225 and EC145 T2 rotorcraft.

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Airbus and A*STAR to establish newR&T activities in Singapore

Airbus and Singapore’s Agency for Science, Technology and Research (A*STAR)

AWAS delivers f irst of six

planned new A320s to Aeroflot

EASA certif ies tw o new -

generation European helicopters

A350 XWB makes debut at Doha

Commission adopts new state

aid guidelines for airports and

airlines

EXECUTIVES

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have signed a Memorandum of Understanding focused on joint high-value research

activities, including big data analytics, at the 2014 Singapore Airshow .

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EXPERT OPINION

Renew or modernize: concerns over thefuture of military aviation from an MROperspective

Not unlike the commercial one, the military aviation market has recently seen tw o

distinct trends. The f irst one is primarily related to an increase in the demand for new

products w hilst the second is largely to do w ith the need for solutions aimed at

maintaining and modernizing the existing f leets. Although the trends might seem

contradictory, their coexistence is in fact rather natural: the former is prevalent in the

rapidly emerging markets w hilst the latter is driven by the necessity to cut costs in the

developed parts of the w orld.

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Supporting ambitious Russian carriers:a job for Western aircraft engineers

Recently, the Eurasian Economic Commission (EEC) has announced about its decision

to prolong the duty-free import of passenger aircraft into Russia until the 1st of

January, 2017. The new rules, unlike their previous edition, also apply to such aircraft

types as Boeing 737 and Airbus A320 in various modif ications.

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Aircraft deliveries: a blessing for theindustry and a nightmare for airlines

While both old and new players of the aviation industry are getting ready to w elcome

hundreds and thousands of new aircraft to their f leets, the industry itself seems to

send some w orrying signals. For instance, recently Republic Airlines has disclosed it

w ould be removing 27 of its 243 aircraft from service because of the lack of qualif ied

pilots and can potentially cancel its order for 40 CS300 aircraft.

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Will workforce issues sink the MiddleEastern aviation industry?

With a carefully adopted liberalization strategy and steadily developing tourist industry

supporting the high demand for air travel, the Middle East has successfully secured a

strong position among the top leaders of the aviation industry. As a result, the region

has developed a strong demand for new aircraft, as w ell as its appropriate support

from the MRO sector. Still, as it takes people to pow er MRO, w ill the inability to timely

address the shortage of qualif ied, locally trained maintenance talent bring the on-going

grow th to a stop?

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Indonesian Low-Cost market: who willpilot the growing fleet?

The ever-grow ing competition among low -cost carriers in the Asia Pacif ic region is one

Carsten Spohr new CEO of

Deutsche Lufthansa AG

Carsten Dilling proposed as new

Board member of SAS AB

easyJet announces new

Director for the UK Market

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of the main attributes of the regional air transportation industry. The largest share of

the market is currently occupied by tw o main players – AirAsia and Lion Air. While the

orders of the former have already turned it into the largest customer of the Airbus

A320 Family, the expansion plans of the latter w ill secure it the status of the w orld’s

largest Boeing 737 NG operator. With the rivalry of the Malaysian and the Indonesian

carriers show ing no signs of decreasing any time soon, one cannot help but w onder

w ho w ill pilot the spurring f leets.

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Middle Eastern fleet development: it’snot the size that matters

Fuelled by the oil prices of around $124/b and a solid performance in the non-oil

producing sectors aviation in the Middle Eastern continues on its path of staggering

grow th. It has already outpaced the global average w ith regard to traff ic numbers. One

of the main drivers of such a success remains the aggressive f leet expansion strategy

of such major carriers as Emirates, Qatar Airw ays or Etihad Airw ays. How ever, as

the new machines are being delivered, local carriers are beginning to face the

challenging maintenance-related reality.

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COMMERCIAL AVIATION

Etihad Airw ays and Alitalia have entered the f inal phase of a due diligence

process about a possible investment by Etihad Airw ays in Alitalia

SuperJet International: Agreement w ith Gazpromavia for SSJ100 spares

supply

Ras Al Khaimah Department of Civil Aviation inks partnership deal w ith Air

ArabiaA

Airbus to have major presence at Singapore Airshow

Boeing, f lydubai Sign Agreement for Mobile Maintenance Solutions

Aeroflot Adds Platinum Level to Aeroflot Bonus Program

Turkish Airlines Selects Thales’ TopSeries AVANT on new ly purchased single

aisle aircraft

Fourth Sukhoi Superjet 100 delivered to Interjet

Norw egian reports continued passenger grow th and higher load factor in

January

Middle Eastern Operator Falcon Aviation Services Orders Tw o Bombardier

Q400 NextGen Aircraft

First export credit f inancing for the SSJ100

Dubai Aerospace Enterprise orders 40 ATR 72-600s

Turkish Airlines Orders V2500® Engines for New A321s

Lufthansa takes delivery of w orld’s f irst aircraft w ith vortex generators

Boeing, Nok Air Announce Commitment to Order 737 MAXs, Next-Generation

737s

BNP Paribas (France) to be f inancing arranger for VietJetAir’s aircraft order

Pratt & Whitney to Provide Fuel Eff icient PurePow er® Engines on Air Costa

Order for 50 Embraer Jets

AEI delivers f irst FARNAIR B737-400SF 11 Pallet Conversion

Baltic Aviation Academy to offer Flight Instructor training

Aleris Signs Multi-Year Agreement to Supply Boeing

GOL Expands GOL+ Product and Alters Domestic Supply Projection for 2014

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MRO

Chopin Airport has new director

Aurélien Blanc appointed as

Managing Director of Turbomeca

Asia Pacif ic

OTHER NEWS

Dassault Falcon Fleet in Middle

East Nears 70 Aircraft

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Sabena technics signs a 5-years component services contract w ith Airbus

Lufthansa Technik and UTC Aerospace Systems expand 787 component

service agreement

SR Technics opens for business in Malaysia

Pratt & Whitney Marks Opening of New MRO and Engineering Facility at

Singapore Seletar Aerospace Park

Lufthansa Technik and Thailand's Nok Air expand their cooperation

STA Systems to Be Appointed an AgustaWestland Authorized Component

Repair Centre in Asia Pacif ic Region

Fokker celebrates opening of its CMRO facilities in Singapore

Iberia Maintenance is to provide maintenance services for components of

Airbus A-320s and A-330s aircraft

Air France Industries Wins TAROM ATR Component Support Contract

Air France-KLM to invest $100m in GOL

LBAS: New Line Maintenance Station in Zurich

Latin American carrier Avianca and ATR sign a 10-year maintenance contract

FL Technics adds Airbus A320 Family and Boeing 727 to the list of its Landing

Gear capabilities

Aerostructures Assemblies India Pvt Ltd (AAI) Delivers First Batch of Aircraft

Structural Assemblies to Saab

GA Telesis Engine Services Announces Successful Engine Run

StandardAero RR300 Program Advances w ith Five Recent Engine Inductions

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AIRPORTS

Gatw ick Chief Executive Stew art Wingate explain how expanding Gatw ick

can be better for the Scottish economy

Fraport Successfully Completes Multi-year Management Contract at Cairo

International Airport

Malta International Airport: January passenger movements up by 11.2%

Copenhagen Airport off to a good start to 2014

ACI Asia-Pacif ic Airports Recorded 7.2% Grow th in 2013 Passenger Traff ic

CAA publishes licences for economic regulation at Gatw ick and Heathrow

Australian Government approves Sydney Airport’s master plan

Airports in Indonesia close as ash cloud from Mount Kelud spreads

Preparation Stage for Reconstruction of Yermolino Airport Complex Complete

ADPI chosen to carry out studies for the new terminal at Clark International

Airport in the Philippines

Munich airport w elcomes planning approval decision for third runaw ay

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MILITARY

Helisota w ill support the Mi-17 f leet of the Latvian Armed Forces

Boeing and Air France Industries Successfully Complete Major Modif ication of

French AWACS Aircraft

U.S. Navy Tests Infrared Search and Track on Boeing Super Hornet

Sikorsky Aw arded Maintenance Contract for U.S. Navy Pilot Training

Lockheed Martin Receives $92 Million U.S. Army Apache Targeting and

Pilotage System Sustainment Contract

US Air Force Receives 1st B-1 Equipped w ith Boeing Integrated Battle Station

Airbus Group, Inc. Continues to Successfully Serve the U.S. Coast Guard w ith

Delivery of 16th HC-144A Ocean Sentry Aircraft

Spike reveals w indow less cabin

for supersonic jet

Boeing Business Jets Delivers

First Tw o BBJ 787-8s of 2014

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Rockw ell Collins and Bluesky sign f inal agreement to form ACCEL (Tianjin)

Flight Simulation Co. LTD.

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