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Prime Air - Company Presentation

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Page 1: Prime Air -  Company Presentation
Page 2: Prime Air -  Company Presentation

About Prime Air• For more than 20 years, Prime Air LLC, a HEICO Aerospace

Company (NYSE: HEI), has been a leading supplier of quality aircraft components to a worldwide customer base that includes top commercial and regional airlines, as well as OEMs and major MRO facilities. Acquired in 2006 by HEICO Aerospace (20% of which is owned by Lufthansa).

• Prime Air offers superior customer service, total spares support, an aggressive exchange program and 24-hour AOG service. As a member of the HEICO Repair Group, Prime Air works side by side with multiple HEICO Aerospace facilities.

• It is our continued commitment to excellence that makes Prime Air a global leader in strategic inventory supply and management of new generation aircraft parts across worldwide sales offices.

Page 3: Prime Air -  Company Presentation

Prime Air, A HEICO CompanyHEICO Corporation is a rapidly growing aerospace and electronics company focused on niche markets and cost-saving salutations for our customers. Our products are found in the most demanding applications requiring high-reliability parts and components, such as aircraft, spacecraft, defense equipment, medical equipment and telecommunications systems. • Founded in 1957, over 55 years in business• NYSE listed (HEI, HEI.A)• Annual Net Sales over $1Billion• Over 3,600 Team Members in 32 facilities in the United States

(16 states), Canada, Europe, the Middle East and Asia• Forbes Best Small Companies:

o Seventh year in the top 200, with three years of inclusion in the top 100

o Ranked second out of the five companies listed in the Forbes Aerospace & Defense and Airlines industry categories of 2013

Page 6: Prime Air -  Company Presentation

HEICO Repair Group• HEICO Repair Group is the largest independent worldwide

provider of component MRO and Asset Management Services.

HEICO Repair Group Miami, FL

Accessories and Avionics

Inertial Aerospace Services

Highland Heights, OH

Sunshine Avionics Miramar, FL

HEICO Repair Group Miami, FLStructures

Future Aviation Inc. Ft. Myers, FL

Regional

NIACC_AVITECH Fresno, CARegional

Prime Air Chicago, IL/Miami,

FL/UK Asset

Management

Page 7: Prime Air -  Company Presentation

Prime Air

Services

Parts Procurement

Inventory Management

Repair Management

Exchange Program

Engine/APU Group

Leasing Program

Page 8: Prime Air -  Company Presentation

Main Services• Parts Procurement:

o Prime Air’s highly trained sales professionals utilize their specialized knowledge to meet all procurement needs, including routine buying, as well as tailor-made program management to address inventory stock levels. All parts procurement are conducted according to Prime Air’s strict ISO 9120 and ASA-quality guidelines, and meet all government regulations and requirements.

• Inventory Management:o Prime Air designs customized consignment programs to meet an airline’s

unique needs and manage underutilized or surplus inventory so it can be quickly converted to cash. Prime Air is a global leader in inventory management, keeping abreast of fluctuating price trends and making certain parts are readily available to customers as soon as they need them.

• Repair Management:o Our skilled, professional repair management team applies their extensive

knowledge of repair and overhaul management so that airline maintenance teams can focus on fleet service. As part of the HEICO Repair Group, we work with the most highly qualified repair facilities and provide custom exchange programs that reduce costs and turnaround time. Our volume discounts are passed along directly to our customers.

Page 9: Prime Air -  Company Presentation

Other Services• Prime Air offers customized exchange programs to meet ongoing and diverse maintenance demands. Our flexible exchange programs and strategic inventory positioning are essential for the reduction of inventory costs and aircraft downtime.

Exchange Program

• Prime Air disassembles multiple engines and APUs. Consequently, we have become the aviation industry’s premier independent supplier of commercial aircraft engine and auxiliary power unit components. Specializing in a wide range of large commercial engines and inventories, Prime Air maintains efficient recordkeeping to ensure that all engine and APU components meet the highest traceability standards.

Engine/APU Group

• Leasing programs allow an airline to accomplish its short- and long-term fleet planning while avoiding unnecessary increases to cost and inventory. Prime Air offers customized purchase and lease programs so airlines can quickly access needed parts at a moment’s notice.

Leasing Program

Page 10: Prime Air -  Company Presentation

Repair Management• Reduce Credit Chasing• Reduce Overall Administration• Reduce Airlines Order Administration• Reduce Status Chasing• Reduce the Number of Invoices

Prime Air

HCRG FutureAviation

Niacc-Avitech

InertialAerospace

SunshineAvionics

HEICO’sService Partners

Page 11: Prime Air -  Company Presentation

Noteworthy Achievements• HEICO Top 100 Best Small Companies: Forbes- 2011, 2013• HEICO Top 200 Best Small Companies: Forbes- 2006, 2007, 2008, 2009,

2010• HEICO 100 Most Innovative Growth Companies: Forbes- 2014, 2015• Boeing Performance Excellence Silver Award- 2009, 2012, 2013, 2014

Page 12: Prime Air -  Company Presentation

Noteworthy RecognitionHEICO Again Ranked as One of the 100 Most Innovative

Growth Companies by ForbesRecognition Marks 10 Forbes Awards in 10 Years for HEICO

For two years, Forbes Magazine named HEICO Corporation among the “100 Most Innovative Growth Companies” thereby marking 10 awards in 10 years for the aviation, defense, space and electronics company.

We are honored that HEICO has been recognized by Forbes for another year. HEICO’s hardworking and dedicated team of over 4,500 people, is the driving force that continues to lead the company to our great successes and milestones. Achievements like this are made possible by a strong focus on organic and innovative growth strategies.

− Laurans A. Mendelson, HEICO’s Chairman and Chief Executive Officer and Co-Presidents, Eric A. Mendelson and Victor H. Mendelson.

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Prime Air Certifications

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THANK YOU!