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WEEKLY AVIATION HEADLINES

Continued on page 3

The stakes just got higher as the UKs two largest airports London’s Heathrow and Gatwick continue to battle it out before this summer’s final decision on which airport will be expanded.

Heathrow just announced it will meet and, in most cases, exceed the conditions set out in the Airports Com-mission’s recommen-dation for Heathrow expansion.

In July last year, the independent Airports Commission unanimously and unambiguously recommended expanding Heath-row, after a three year, £20 mil-lion study into the best option for maintaining the UK’s global avia-tion hub status.

Heathrow CEO John Holland-Kaye has written to the British Prime Minister with a plan which will en-able the UK government to make the choice that will deliver up to £211bn in economic benefit and 180,000 jobs by approving a third runway at Heathrow.

Addressing noise concerns the Heathrow camp supports the intro-duction of a ban by government on scheduled flights for six and a half hours between 2300 and 0530 – an increase from five hours today - and supporting the earlier intro-

duction of the ban after planning consent is received and the neces-sary airspace has been modernised.

“I am proud to submit a compre-hensive plan that meets and ex-ceeds your demands. This is a big commitment from us, but it is the

right choice for the country, local commu-nities and jobs across Britain,” said Heath-row CEO John Holland-Kaye.

Meanwhile south of London, Gatwick Air-

port has responded to Heathrow’s announcement by reasserting that Gatwick remains the only expan-sion plan that can actually deliver for the UK.

“Heathrow can promise many things but they cannot wish away the reality of its location.”Gatwick Airport CEO Stewart Wingate

WORLD NEWS

Heathrow CEO explains the benefits

of expansion at Heathrow.

Photo: Heathrow

ISSN 1718-7966 MAy 16, 2016/ VOL. 540

Heathrow vs Gatwick The battle of words continues

Small Planet Airlines GmbH ob-tains German AOCLeisure carrier Small Planet Airlines GmbH obtained their German Air Op-erator’s Certificate (AOC) and will now operate flights under German regis-tration. Small Planet Airlines Group began offering its services to the Ger-man market last autumn with a clear vision to establish an AOC in Germany. The German Small Planet Airlines has concluded agreements with two lead-ing tour operators, TUI and Thomas Cook, and this summer plans to im-plement almost 800 flights. In 2016, Small Planet Airlines will operate from two bases – Bremen and Paderborn.

ERA and RAA – working together for regional aviationThe working relationship between the European Regions Airline Association (ERA) and the Regional Airline As-sociation* (RAA) continues to be of great benefit to both parties, notes Simon McNamara, Director General ERA, from the RAA’s annual confer-ence in Charlotte, North Carolina, US. “Attending this year’s highly produc-tive RAA conference has reaffirmed the importance of working closely with our US partners to defend, pro-tect and support the regional aviation community on both sides of the Atlan-tic,” explains McNamara.

Malta airport and SITA sign partnership Malta International Airport has en-tered into a strategic partnership with global air transport IT specialist SITA which is geared towards boosting the airport’s operational excellence and putting it at the forefront of technol-ogy in the aviation industry. The part-nership – which came into effect from May 10, 2016 – will allow Malta Inter-national Airport to focus on strategic investment and innovation as SITA takes over the airport’s day-to-day ICT operations. The partnership will help improve ICT service levels, optimise airport operations and enhance the overall passenger experience.

The Global MRO Procurement Expo1-2 June 2016, Olympia London

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WEEKLY AVIATION HEADLINES

Icelandair signs agreement to purchase two Boeing 767-300 aircraft

Icelandair, a subsidiary of Icelandair Group, will take into commission two Boeing 767-300 air-craft. In addition, an agreement has been signed for the purchase of two Boeing 767-300 aircraft. These aircraft will be delivered in the coming months and will undergo complete refurbish-ment, in line with other aircraft in the Icelandair fleet. Refurbishment is expected to be complet-ed in early 2017. Four Boeing 767-300 aircraft will therefore be used to serve the Icelandair route network in 2017. The new aircraft will each seat 262 passengers, while the Company’s Boe-ing 757-200 aircraft carry 183 passengers.

CTS Engines acquires 12 CF6-80 engines

CTS Engines, a global leader for mature jet en-gine maintenance services, has completed the acquisition, through an affiliate, of 12 CF6-80

AIRCRAFT & ENGINE NEWS Orders and deliveries – Boeing and Airbus

Airbus booked 85 aircraft from across its product lines in April, including contracts that raised A350 XWB orders to near the 800 mark; while the month’s 52 deliveries covered all current-production jetliner families and involved the first U.S.-built A320-series aircraft.

Boeing delivered 34 aircraft in April including 18 737s, 15 787s and a 777 Freighter. Deliveries stood at 54 with the majority of airlines receiving 737s and 787s.

Airbus v Boeing: Orders and DeliveriesApril 2016 YTD

Airbus Boeing

Type Orders Deliveries Type Orders Deliveries

A320 Family 40 144 737 128 156

A330 31 19 747 4 1

A340 0 0 767 1 2

A350 21 6 777 12 31

A380 0 8 787 12 40

Total 92 177 Total 157 230Source: Airbus Source: Boeing

The Gatwick camp argues that it will provide the same growth and the same benefits that the UK has been waiting decades for without the noise impacts of Heathrow, without break-ing air quality limits, at half the cost and with no public subsidy.

Gatwick Airport CEO Stewart Wingate said:

“This is a desperate last throw from a project that has repeatedly failed. Heathrow’s air quality plans, for example, fail the most ba-sic credibility test. You can’t promise no more cars with a third runway and at the same time to propose to expand the M25 and plan to spend millions on parking.

“Heathrow has constantly failed the environ-mental tests and the public and politicians won’t be fooled by yet more warm words which have been heard for decades.

“Rather than circling around a failed solution that will never happen, we should get on with

something that can actually happen - only Gatwick can deliver for the UK. Heathrow can promise many things but they cannot wish away the reality of its location. An expanded

Heathrow will newly impact hundreds of thou-sands of people currently not affected by air-craft noise - an expanded Gatwick would im-pact less than 3% of this number.”

...continued from page 1

The opposite argument is that only Gatwick can deliver for the UK Photo: Gatwick

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WEEKLY AVIATION HEADLINES

engines from a major U.S. carrier. The acquired engines include nine CF6-80A and three CF6-80C2A5 models. Additional terms of the transac-tion were not disclosed. The engines will be used as teardowns and short-term spares in support of CTS’s customers shop visits

FAA certifies Pratt & Whitney’s PurePow-er PW1400G-JM engine

The Federal Aviation Administration has certi-fied Pratt & Whitney’s PurePower PW1400G-JM engine to power Irkut’s MC-21 aircraft. With this milestone, Pratt & Whitney now has three cer-tified PurePower Geared Turbofan (GTF) engine variants. “We would like to congratulate Pratt & Whitney on the certification approval of its Pure-Power engine, which will be installed on МС-21 Family Aircraft,” said Oleg Demchenko, Presi-dent, Irkut Corporation. “The engine increases the competitiveness of our aircraft since it offers tangible cost savings to our airline customers due to the enhanced fuel burn efficiency while simultaneously benefitting the environment.” The PurePower engine family has completed more than 58,000 cycles and 35,000 hours of testing.

E190 makes Japan debut with Japan Air-lines subsidiary J-AIR

Embraer has announced the debut of the E190 jet in Japan with J-AIR, a subsidiary of leading carrier Japan Airlines. The inaugural revenue flight took place between Osaka (Itami Airport) and Kagoshima. The entry of the first E190 into J-AIR’s fleet brings the current number of E-Jets operating across Japan to 28.

Allegiant signs purchase agreement of four additional Airbus aircraft

Allegiant has signed an agreement to purchase four additional Airbus A319 aircraft from Phil-ippines-based low-cost carrier Cebu Pacific. The purchase marks another milestone for the company in its long-term transition to an all Airbus fleet. The aircraft in this agreement are

AIRCRAFT & ENGINE NEWS

LCI Helicopters delivers first AW139 to Australia’s Westpac Rescue Helicopter Service

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has delivered the first new AW139 helicopter to Westpac Rescue Helicopter Service based in Australia. The aircraft is currently en route and will arrive at Westpac Rescue Helicopter Service’s main base in Newcastle, New South Wales, in June to enable pilots along with rescue and medical crews to begin training. This is the first of four AW139 helicopters to be leased from LCI and delivered over the coming months.

LCI Helicopters delivers first AW139 to Westpac Photo: LCI

Air Serbia takes delivery of first wide-body aircraft

Air Serbia, the national airline of the Republic of Serbia, took delivery of its first wide-body aircraft at Nikola Tesla Airport. The Airbus A330 will be used on Air Serbia’s Belgrade-New York route, which launches on June 23, 2016, reconnecting Serbia and the United States with direct air service for the first time in 24 years.

Air Serbia’s first wide-body aircraft, an Airbus A330, lands at Nikola Tesla Airport Photo: Air Serbia

scheduled for delivery in 2017 and 2018. Alle-giant previously agreed to purchase six Airbus A319 aircraft from Cebu Pacific. The company has taken delivery of three of those aircraft, with the remaining deliveries scheduled to occur later this year. By the end of 2016, the company’s in-

service Airbus fleet will number 33, consisting of 16 A320s and 17 A319s. Allegiant anticipates adding further aircraft commitments as oppor-tunities for new transactions arise. At the end of this year, Allegiant will have a total of 85 aircraft in revenue service.

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May 16, 2016 / Vol. 540

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WEEKLY AVIATION HEADLINES

Air Lease Corporation delivers first of two new Airbus A320-200 aircraft to Frontier Airlines

Air Lease Corporation (ALC) has delivered one new Airbus A320-200 to Frontier Airlines, the first of two new Airbus A320-200 aircraft deliv-eries on long-term lease from ALC’s order book with Airbus. The second A320-200 is scheduled to deliver in fall 2016.

AIRCRAFT & ENGINE NEWS

AAR expands PBH footprint in Europe

AAR has expanded its power-by-the-hour (PBH) component inventory management and repair program in Europe. AAR signed a long-term contract with Spanish low-cost airline Volotea, headquartered in Barcelona, to sup-port its new fleet of A319s. AAR will manage the aircraft supply chain through its global warehouse network with a primary parts pool in Brussels, as well as a home-base kit with the customer. The agreement includes man-agement of the complete component repair cycle. Volotea will also have access to the en-tire AAR pool of inventory through exchanges and procurement. The full PBH program will grow to a fleet of more than 50 A319 aircraft.

TEXL named first GE90 TRUEngine au-thorized MRO

Taikoo Engine Services (Xiamen), a member of the HAECO Group, has become the first TRU-Engine authorized MRO for the GE90 engine. “TEXL plays an important role in helping satisfy increasing demand for GE90 overhauls in one of the fastest-growing regions in the world,” said Kevin McAllister, President and CEO of GE Avia-tion, Services. “TEXL’s commitment to excel-lence is completely aligned with the values that underpin the TRUEngine MRO program, and we are very pleased TEXL is the first GE90 overhaul facility to earn the TRUEngine MRO designa-tion.” To date, TEXL has repaired around 300 GE90 engines. In 2008, TEXL and GE Aviation entered into a long-term GE90 Branded Service Agreement (“GBSA”), which licenses TEXL as an authorized GE90 Service Provider, GE90 Centre of Excellence, and the sole holder of a GE90 GBSA in Asia. Operating from a state-of-the-art 38,000m² facility, TEXL offers a growing range of component repairs and is equipped with a test cell rated at 150,000 pounds of thrust.

Vector Aerospace celebrates opening of new Canadian turboprop test cell

Vector Aerospace, a global independent provider of aviation maintenance, repair and overhaul (MRO) services, has announced the grand opening of a new engine test cell at its Summerside facility in Prince Edward Island, Canada. This new multi-million dollar test cell, which was the result of a financing partnership with provincial and federal governments, is capable of supporting turboprop engines producing up to 5,000 shaft horsepower. It joins three existing test stands at Summerside, two dedicated to turboprops and one to turbofans. The new cell will expand Vector’s local test capacity on turboprop models supported from the Summer-side overhaul facility, such as the Pratt & Whitney Canada PT6A and PW100 series, thus minimizing turn-around times (TATs) for its customers globally and supporting further market share growth.

MRO & PRODUCTION NEWS

Volotea serves 70-plus cities and is focused on connecting small and midsize European cities with non-stop direct flights.

SWISS becomes launch customer for C Se-ries aircraft Smart Parts component support

Swiss International Air Lines has selected Bom-bardier’s Smart Parts Program to provide compo-nent support for the airline’s fleet of 30 all-new C Series aircraft. The 10-year agreement positions SWISS as the launch customer for the C Series Smart Parts Program and provides the airline with comprehensive component maintenance, repair and overhaul (MRO) services, access to a strate-

Rolls-Royce dispatches first set of engines as part of largest ever order

Rolls-Royce has dispatched the first ‘shipset’ of four engines as part of its largest ever order, to Emirates. The Trent 900 engines left the Rolls-Royce site at Derby, UK, where they were assembled for Airbus in Toulouse, France, where they will be fitted to an A380 aircraft. Rolls-Royce is pro-viding Trent 900 engines and TotalCare service for 50 Emir-ates A380s, the first of which will enter service later this year. The order from Emirates was an-nounced last year and confirmed the Trent 900 as the engine of choice on the four-engine A380. It has now secured more than a 50% market share on the aircraft, in addition to being selected by the majority of A380 customers. Emirates recently confirmed that it will operate an additional two A380s that will be powered by the same engine with TotalCare service support.

Rolls-Royce dispatches the first ‘shipset’ of four engines, as part of its largest ever order, to Emirates Photo: Rolls-Royce

FAA approves Robinson R44 Cadet helicopter

Robinson Helicopter Company has received FAA certification for its two-place R44 Cadet hel-icopter. The Cadet’s airframe, rotor system, and power plant (Lycoming O-540-F1B5) are the same as the proven R44 Raven I. Where the Cadet differs is the rear seats have been re-moved, providing ample cargo space. The maximum gross weight has been reduced to2200lb and the engine power has been derated to 210hp takeoff and 185hp continu-ous. The lower weight and der-ated power provide increased performance margins at high altitudes and extend the time between overhaul from 2200 hours to 2400 hours.

Robinson R44 Cadet helicopter receives FAA certification Photo: Robinson Helicopter

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WEEKLY AVIATION HEADLINES

Virgin Atlantic closes first-ever JOLCO with FPG and DVB

Virgin Atlantic completed the closing of its first JOLCO (Japanese Operation Lease with Call Op-tion) financing at the end of April. The aircraft, a Boeing 787-9, was delivered to the UK’s second-largest long-haul carrier in December 2015 and subsequently financed with a JOLCO arranged by FPG AIM and with the equity arranged and under-written by FPG. The senior loan was arranged and underwritten by DVB Bank which is the sole lender in this transaction. MDT and Vedder Price acted as advisers for Virgin Atlantic and K&L Gates for FPG, whilst Clifford Chance represented DVB.

AeroCentury earns US$434,000 in 1Q16

AeroCentury, an independent aircraft leasing company, reported first quarter 2016 earnings of US$434,000 compared to US$752,000 for the first quarter of 2015 and US$3.1m for the fourth quarter of 2015. The earnings reported for the first and fourth quarters of 2015 included US$1.9m and US$6.3m, respectively, in pretax gains on the sale of assets. Average portfolio utilization, as a per-centage of net book value of assets held for lease, remained at 95% during the first quarter of 2016, unchanged from the fourth quarter of 2015, and up from 88% in the year-ago quarter. Total rev-enues were US$6.2m for the first quarter of 2016, compared to US$12.7m in the fourth quarter, and US$8.6m in the first quarter a year ago. Operating lease revenues declined 2% to US$6.0m in the first

gically located spare part exchange pool, and an on-site inventory based at the airline’s main hub in Zurich, Switzerland. SWISS is the launch opera-tor for the C Series aircraft, with the first CS100 aircraft scheduled to be delivered by Bombardier in June 2016. SWISS will take delivery of a total of 30 CS100 and CS300 aircraft.

Jet Aviation to operate FBO at Van Nuys Airport

Jet Aviation has been awarded a 30-year lease for a 17-acre site by the City of Los Angeles to establish an FBO facility at Van Nuys Airport. In 2015, Jet Avi-ation won a competitive tender process and was selected by Los Angeles World Airports to operate an FBO facility at Van Nuys Airport. Jet Aviation will offer FBO services in an interim terminal once op-erational control has been granted by Los Angeles World Airports, which is expected in the next few months. Jet Aviation has also initiated planning for its long-term Van Nuys Airport FBO. The company will build a 10,000 ft² LEED Silver certified FBO ter-minal and two 40,000 ft² hangars and associated back shop and office space, all to be completed by the end of 2018. The full service FBO will offer domestic and international handling, complete line service, executive conference rooms, crew lounge, flight planning room, business center and 24/7 guarded entry to the airport and ramp. In addition, Michael McDaniel has been appointed as the FBO director for Jet Aviation Van Nuys reporting to John Langevin, VP of FBO Operations North America.

Monarch Aircraft Engineering signs new line maintenance contracts

Monarch Aircraft Engineering has contracted new customers to their line maintenance portfolio for summer 2016. Monarch Aircraft Engineering will be providing line maintenance technical handling to Iberia Express Airbus A320 operation at Birming-ham and Vueling Airlines’s Airbus A320 operation at Birmingham, Luton and Leeds Bradford airports. In addition, Primera Air has renewed their cur-rent contract for call-out support for their Boeing 737NG operation at Malaga airport in Spain.

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Eirtech Aviation wins four-year technical services contract with SAS

Eirtech Aviation, a leading provider of aircraft engineering and technical services, and SAS have signed a contract for Aircraft end of Lease Technical Services until 2019. The new agreement is ef-fective immediately and builds on a strong relationship between the two companies, while expand-ing the scope of services being offered. Eirtech Aviation secured the contract following a robust tendering process that will see the specialist aviation services company provide redelivery support for all SAS-leased aircraft, over the next four years. The contract means that over 40 SAS aircraft reaching the end of their lease period will pass through Eirtech Aviation’s Technical Services depart-ment, located at Shannon Airport in Ireland, ensuring that all aircraft are returned to the leasing company in the condition agreed at the time of leasing to SAS. The contract will involve a dedicated Technical Services project team of over 20 people, assisted by Eirtech’s CAMO personnel, working across a range of aircraft including Boeing 737s, Airbus 320s and Airbus 340s.

SAS and Eirtech Aviation sign a 4-year technical services contract Photo: Eirtech Aviation

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quarter of 2016 from US$6.2m in the preceding quarter, and declined 6% from US$6.4m a year ago, primarily as a result of asset sales in 2015. One air-craft was sold, pursuant to a lessee purchase option in a sales-type finance lease, generating US$5,400 in gains in the first quarter of 2016. Three aircraft were sold on a cash basis during the fourth quarter of 2015, generating US$6.3m in gains. In the first quarter of 2015, one aircraft was sold for cash and another was sold pursuant to a sales-type finance lease, generating gains totaling UD$1.8m.

Transat receives firm purchase offer from TUI AG for French and Greek tour operating units

Transat A.T., one of the world’s largest integrated tourism companies and Canada’s holiday travel leader, has received a firm offer from TUI AG to purchase its Transat France and Tourgreece tour operating business units for an enterprise value of €54.5m (US$62.0m), subject to working capital adjustments at closing. On that basis, Transat has granted exclusivity to TUI AG. The contemplated transaction is subject to approval from anti-trust authorities and obtaining the advisory opinion of Transat’s France Works Council (employees repre-sentatives), as mandated by French Law. Closing is expected to take place before October 31, 2016. Headquartered in Paris, Transat France is the fourth-largest integrated tour operator in France, where it operates under the Vacances Transat and Look Voyages brands. Transat established itself as a tour operator in France in the early 80’s, and acquired Look Voyages in 1996. Based in Athens, Tourgreece is an incoming tour operator. Together, Transat France and Tourgreece have 800 employees. Total sales represent approximately €450m (US$513m). The proposed transaction would have no impact on Transat’s transatlantic program, as well as on the operations, personnel, distribution network and growth strategy of air carrier Air Transat, another

FINANCIAL NEWSbusiness unit of Transat, which operates a num-ber of direct routes between Canada and some 30 European cities, as well as 30 sun destinations in Mexico and the Caribbean from Canada.

DVB Bank posts reasonable consolidated net income before taxes for first quarter of 2016

During the first three months of 2016, DVB Bank generated consolidated net income before taxes of €25.9m compared to €84.3m in the first quar-ter 2015. DVB originated 27 new transactions in its core Transport Finance business, with an aggregate volume of €1.2bn (Q1 2015: 51 new transactions with a total volume of €1.7bn). Whilst the Bank adopted a cautious lending policy in the persis-tently difficult segments of the shipping industry, it very successfully originated new business in Avia-tion Finance with aircraft financings, and in Land Transport Finance, where it finances rail rolling stock and rail-related vehicles. DVB Bank was also successful in the advisory business where net fee and commission income rose by 3.1%, to €27.0m. (€1.00 = US$1.14 at time of publication.)

Singapore Technologies Engineering reports financial results for first quarter 2016

Singapore Technologies Engineering (ST Engineer-ing) announced financial results for its first quarter ended March 31, 2016 (1Q2016). Group revenue was S$1.63bn 8% higher than a year before, with higher sales from the Aerospace and Electronics sectors. Quarterly profit before tax (PBT) for the Group was S$130.4m, down 13% from S$150.5m, and quarterly net profit after tax for the Group was S$110.2m, down 15% from S$130.0m as profits from Land Systems and Marine sectors declined. At the business level compared to the same pe-riod last year, revenue for the Aerospace sector was 27% higher at S$622m from S$489m, mainly driven by the contribution of a new subsidiary, Elbe Flugzeugwerke. PBT for the Aerospace sector

Lufthansa Technik Logistik Services (LTLS) has completely restructured its transport network for air freight. By reducing the number of trans-port service providers and by standardizing pro-cesses, transport times can be reduced, flexibility increased and costs lowered. In this context, LTLS has re-tendered its entire air freight business with an annual transport volume valued at €28m (US$32m). LTLS will cooperate with a small num-ber of external transport providers in the future: DHL Global Forwarding and Lufthansa Technik Component Services (Business Unit Logistics) will take over the transatlantic transport services for spare parts and tools. Imports from Asia and

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Lufthansa Technik Logistik Services optimizes worldwide transport network Photo: LTLS

remained comparable at S$75.2m.

Finnair’s operating result improves by €13m

Finnair reported that revenue grew by 2.9% in the first quarter of 2016 to €536.4m (2015 €521.3m). Operating result was €-15.3m (2015 €-28.4m). EBITDAR was €36.4m (2015 €19.2m). Net cash flow from operating activities stood at €10.4m (2015 €13.0m), and net cash flow from investing activities totaled €-247.3m (2015 €142.8). (€1.00 = US$1.14 at time of publication.)

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WEEKLY AVIATION HEADLINES

Previous Air Canada biofuel flights used biojet that was segregated from regular jet fuel and loaded separately into an aircraft via tanker truck. By contrast, CBSCI’s objective is to start develop-ing a more efficient operational framework that will introduce biojet into a multi-user, co-mingled airport fuel supply system. The CBSCI project is a first in Canada and is aimed at creating a sus-tainable Canadian supply chain of biojet using renewable feedstocks. Canada has abundant ag-ricultural and forestry biomass resources, with globally recognized sustainable production and harvesting practices. The biojet used in this pro-ject will be sourced from commercially available, certifiably sustainable Canadian oleochemical feedstocks using the Hydroprocessed Esters and a Fatty Acids (HEFA) conversion process. The biojet will be blended with petroleum jet fuel to meet all technical quality specifications before being introduced into a shared fuel tank at Montreal-Trudeau Airport. The CBSCI project will also iden-tify and help solve supply logistic barriers that will arise when aviation biofuels are introduced at major Canadian airports.

ARGUS International has reported the acquisi-tion of the Unmanned Safety Institute (USI) of Orlando, Florida, a privately held business that has carved out a recognized and respected position in the safety training, certification and management of unmanned aerial vehicles. The acquisition aug-ments ARGUS’ global aviation safety presence in the airline, business aviation and rotary wing industry segments. The terms of the acquisition were not disclosed and the transaction was offi-cially closed on April 22, 2016. Founded in 2014, the Unmanned Safety Institute is a professional

• International Airlines Group re-ported that traffic in April increased by 10.9% versus April 2015, while Group capacity rose by 10.7%. Group load factor for April was up 0.2 points to 78.6%.

• easyJet reported April passengernumbers with traffic increase of 6.1% when compared to the previ-ous year. The load factor for April was up 0.5 points to 91.5%.

• Alaska Air Group reported Apriloperational results on a consolidat-ed basis for Alaska Airlines and sub-sidiary Horizon Air and third-partyregional carriers, SkyWest Airlines and PenAir. On a combined basis, Air Group reported an 11.1% increase in traffic on a 10.4% increase in ca-pacity compared to April 2015. Load

factor increased 0.5 points to 84.1%.

• Norwegian’s total passenger traf-fic for April increased by 14% and the total capacity increased by 11% compared to April 2015. Total load factor for the month was up 2.1 points to 84.5% compared to April 2015.

• SAS released April traffic figures with an increase in traffic of 9.2% over the same period in 2015 and capacity increased 9.1%. The sched-uled load factor for April 2016 was unchanged at 69.6% compared to the previous year.

• Ryanair’s April 2016 traffic grew 10% compared to the previous year, while the laod factor for the month rose 2% points to 93%.

• UAL’s April 2016 consolidated traffic decreased 1.9%, and con-solidated capacity decreased 0.9% versus April 2015. UAL’s April 2016 consolidated load factor decreased 0.9 points to 80.5% compared to April 2015.

• Southwest Airlines’ traffic in April increased 4.7% compared to the same period in 2015, and capac-ity increased 4.3%. The April 2016 load factor was 83.4%, compared to 83.1% in April 2015.

• Virgin America reported its pre-liminary operational results for April 2016. The airline’s traffic increased 11.7% on capacity that was 13.5% higher from the same month in 2015. Load factor was 84%, a de-crease of 1.4 points from April 2015.

• American Airlines Group’s totaltraffic was down 0.2% versus April 2015, and total capacity was up 1.3% versus April 2015. Total pas-senger load factor was 80.4%, down 1.2 points versus April 2015.

• In April, Finnair’s overall capacity grew by 3.4%, while traffic declined by 0.1% year-on-year. The passen-ger load factor declined by 2.4% points to 75.1%.

• For the month of April 2016, Copa Holdings’ system-wide pas-senger traffic increased 4.1% year over year, while capacity decreased 0.4%. As a result, system load fac-tor for April 2016 was 76.1%, a 3.3-point increase when compared to April 2015.

PASSENGER STATISTICS - APRIL

Europe are being awarded to four service provid-ers, who will share some 1,000 routes and approx. 30,000 consignments. Expeditors, DHL Global Forwarding, Beijing AOG and Global Airfreight will transport to 20 different countries in the fu-ture. The optimized transport network offers a significant reduction in transit times, since moni-toring is performed on an ongoing basis. Collec-tion and distribution are bundled optimally and the communication processes reduced owing to fewer transport providers.

Airline Services Handling, part of the Airline Ser-vices Group, has won a new contract from Cana-da’s WestJet, an Alberta-based airline, to provide ground handling services for their newly launched non-stop international flights from London’s Gat-wick Airport to six Canadian cities, effective May 7th. WestJet, which is marking its 20th anniversary this year, is serving Toronto, Vancouver, Calgary, Edmonton, Winnipeg and St John’s – a total of 28 weekly flights – operated by B767-300s and B737-700s. Vancouver will operate six-times weekly; Edmonton twice weekly; Calgary five times week-ly and Winnipeg once a week. Flights from Toron-to and St. John’s will operate once daily.

Air Canada has reported that Canada’s Biojet Supply Chain Initiative (CBSCI) will be held at Montréal-Trudeau Airport. It is a three-year col-laborative project with 14 stakeholder organiza-tions to introduce 400,000 liters of sustainable aviation biofuel (biojet) into a shared fuel system.

OTHER NEWSflight safety organization for operators, enterpris-es and organizations focused on integrating and operating UAS safely for civil or commercial pur-poses. The Unmanned Safety Institute provides UAS flight safety standards and training through the adoption and modification of time-honored aviation safety and training practices. USI certifi-cations are recognized by many leading aviation insurance providers to include Global Aerospace, which selected USI as its official and exclusive UAS training provider under its SM4 Safety Initiative.

Gogo and SKY Perfect JSAT Corporation, Asia’s leading provider of satellite services, have entered into partnership for increased satellite connectiv-ity over Japan. Gogo will leverage the JCSAT–5A satellite high throughput beam to increase capac-ity, which ultimately means better performance for its service to Japan Airlines (JAL). Gogo and SKY Perfect JSAT has also partnered to provide satellite communications services over the Pacific region with the new JCSAT-14 satellite which was successfully launched on 6th May.

Saudi Arabian Airlines (Saudia), the national car-rier of Saudi Arabia, has received authorization for paperless flight deck operations. The airline has integrated the installed version of Jeppesen FliteDeck Pro as its electronic flight bag (EFB) solu-tion and uses a portable iPad-based EFB as a back-up with its Boeing 787 aircraft. Jeppesen, a Boe-ing Company, provided support for the airline to reach the significant operational milestone, granted by the General Authority of Civil Avia-tion in Saudi Arabia. Using FliteDeck Pro, Saudia accesses Performance and Flight Document ap-plications on both installed EFB and portable EFB

May 16, 2016 / Vol. 540

11

WEEKLY AVIATION HEADLINES

on the ground and in the air, to enhance planning efforts and in-flight operations. With the authori-zation now in place, Saudia continues its progres-sion to eliminate paper-based flight information materials in a digital operating environment.

With almost five million passengers served in April 2016, Frankfurt Airport (FRA) saw passen-ger figures decline by 2.5% compared to the same period of the previous year. FRA’s traffic perfor-mance was distorted by a number of special and base-year effects, including a public sector strike on April 27, the closure of Brussels Airport and the earlier timing of the Easter holidays, with some travelers already departing in March in-stead of April, as in the previous year. In marked contrast to passenger traffic, cargo (airfreight + airmail) volumes experienced strong growth, soaring by 5.0% to 181,948 metric tons. Far Easttraffic was the main growth driver, with cargo ton-nage to/from this region climbing by 9.0 percent. Freight volumes on routes to/from China, Japan, and India even recorded dynamic double-digit growth. While cargo throughput declined duringthe first three months of 2016, cumulative cargo volumes in the year to April reached positive ter-ritory again for the first time, growing by 0.5%. Despite the strike on April 27, maximum takeoff weights (MTOWs) rose by 0.2% to 2.48 million metric tons, thus even exceeding the previous April record achieved last year. With some 39,000 takeoffs and landings, aircraft movements de-creased by 2.1%.

synergies that are beneficial to all parties.” James Hogan, who has served as Etihad Air-ways President and Chief Executive Officer since September 2006, has been appointed Etihad Aviation Group President and Chief Executive Officer. Under the leadership of Mr Hogan, the key Etihad Aviation Group functions will be led by James Rigney as Group Chief Financial Officer, Kevin Knight as Group Chief Strategy and Planning Of-ficer, Ray Gammell as Group Chief People and Performance Officer, and Robert Webb as Group Chief Information and Technology Officer. These executives will provide lead-ership, governance and strategic direction in their areas of expertise across all compa-nies in the Etihad Aviation Group.

• Reporting to James Hogan, the new Chief Executive Officers of the group companies are as follows: Chief Executive Officer Eti-had Airways: Peter Baumgartner, Chief Ex-ecutive Officer Airline Equity Partners: Bru-no Matheu, Chief Executive Officer Etihad Airways Engineering: Jeff Wilkinson,

• Bravia Capital, a global investment firm with offices or affiliate offices in Hong Kong, New York and Mumbai, has released that Ms. Helen Wong has been appointedas Chief Operating Officer of the firm. Ms. Wong brings to Bravia Capital over 25 years of finance and operational experience in the United States and Asia.

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Recommended EventsOTHER NEWS

• The Etihad Aviation Group Board of Di-rectors, under the Chairmanship of HE Mohamed Mubarak Al Mazrouie, has an-nounced the new management structure for the Etihad Aviation Group PJSC, which was formally established by Abu Dhabi Law No. 6 as of 2014. Etihad Aviation Group Chairman, Mr Al Mazrouie said: “Etihad Airways has been steadily evolving into the Etihad Aviation Group for a number of years. “This has been driven by the forma-tion of new companies, including Etihad Airways Engineering, Etihad Global Cargo Management Company, the Global Loyalty Company, Hala Abu Dhabi, and Etihad Air-port Services. The acquisition of minority equity stakes in Alitalia, airberlin, Air Serbia, Air Seychelles, Etihad Regional operated by Darwin Airline, Jet Airways, and Virgin Australia, has also necessitated the need for a dedicated team to manage our share-holding, and the delivery of wide-ranging

INDUSTRY PEOPLE

The Global MRO Procurement Expo 1 - 2 June 2016 Olympia, London

Technical Aspects of a Leased Asset 2016

NH Carlton Hotel, Amsterdam

Maintenance Reserves Training Seminar 2016 7 June 2016 NH Carlton Hotel, Amsterdam

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

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

THE AIRCRAFT AND ENGINE MARKETPLACEPage 1 of 4

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

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

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

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

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

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

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

Commercial Jet Aircraft

May 15, 2016

y g@ pg

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

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

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

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

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

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

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

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

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

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

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

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

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

B747-400 GA Telesis CF6-80C2B1F 28960 1998 Now Sale Stefanie Jung sjung@gatelesis.com +1 954-958-1321

747-400 Fortress Investment Group CF6-80C2B1F 28959 1998 Now Lease Jeff Lewis aviation@fortress.com +1 (305) 833-0309

East Africa

B757-200 mba aircraft solutions RB211-535E4B 24582 1990 Now Sale / Lease Jacob Agnew jagnew@mbaas.aero +1 703 276 3202

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

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

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

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

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

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

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

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

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

CRJ700 Regional One CF34-8C5B1 10029 2001 Aug 2016 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

Regional Jet / Turboprop Aircraft

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

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

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

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

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

Dornier 328-300

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

Dornier 328-300

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

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

May 15, 2016

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THE AIRCRAFT AND ENGINE MARKETPLACEPage 2 of 4

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

ERJ-135ER Bristol Associates 145176 1999 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

ERJ-135ER Bristol Associates 145186 1999 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

ERJ-135ER Bristol Associates 145192 1999 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

ERJ-135LR Bristol Associates AE3007-A1 145410 2001 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

ERJ-135LR Bristol Associates AE3007-A1 145413 2001 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

ERJ 135LR B i t l A i t AE3007 A1 145504 2001 N S l / L Ed M N i / P t S idlit b i t l@b i t l i t +1 202 682 4000

Regional Jet / Turboprop Aircraft (cont.)

May 15, 2016

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

ERJ145EP Regional One AE3007A1/1 145053 1998 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

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

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

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

Contact Email Phone

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

Contact Email PhoneAE3007 Engines Sale / Lease

Now - Sale / Lease GECAS Engine Leasing

Multiple Types Sale / Lease

Commerical Engines

Company

Company

Multiple Engines GE / CFM / RB211

Contact Email Phone

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

(1) 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

CF34-3A Now - Sale / Lease

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

AE3007 Engines Sale / Lease Company

Magellan Aviation Group

CF34 Engines Sale / Lease Company

( ) g @ g ( )

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

(1) CF34-10E5A1 Q2/2016 Sale / Lease GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111

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

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

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

(1) CF34-3B1 Now - Lease

(1) CF34-10E7 Now - Lease

Contact Email Phone

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

(1) CF6 80C2B6F N S l / L M tth Whit tth hit @ l 353 1475 3005

CompanySale / LeaseCF6 Engines

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

Willis Lease

Magellan Aviation Group

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

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

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

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

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

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

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

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

Contact Email Phone

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

CFM56 Engines Sale / Lease Company

(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) CFM56-5B1/P Now - Lease

(1) CFM56-5C4 Jun 16 - Sale / Lease Frank Rustmeier frank@royalaero.com +49 (0)8025 99360

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

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

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

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

Royal Aero

( )

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

May 15, 2016

GECASEngine Leasing

THE AIRCRAFT AND ENGINE MARKETPLACEPage 3 of 4

Contact Email Phone

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

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

(multiple) CFM56-3C1 Now - Sale / Lease Aero Jet Kevin Avedian kevin@aerojet.aero +1 818-203-2070

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

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

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

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

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

(2) CFM56-5A

CompanySale / Lease

GECAS Engine Leasing

CFM56 Engines

Now - Sale

Commerical Engines (cont.)

Magellan Aviation Group

May 15, 2016

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

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

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

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

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

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

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

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

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

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

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

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

(1) CFM56 7B26/3 Now Lease

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

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

(1) CFM56-3B2 Now - Sale / Lease AeroTurbine Todd Power tpower@aeroturbine.com +1 (214) 240-1145

(1) CFM56-5C4 Now - Sale / Lease

(1) CFM56-7B 26/3 Now - Sale / 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-200 Now - Sale GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111

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

Sale / Lease Company

CompanyJT8D and JT9D Engines

GEnx Engines

Sale / Lease

( ) p g g@p

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

(2) JT9D-7R4D Now - Sale / Lease Hartford Aviation Group Anique Gorman agorman@hartfordaviation.com +1 914-235-2014

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) PW127E/F/M

(1) PW150A

(2) PW121 (ATR) Now - Sale/Lease/Exch. David Desaulniers ddesaulniers@willislease.com +1 415 516 4837

Now - Sale / Lease

(1) PW124B Now - Sale / Lease

Now - Sale / Lease

Now - Sale / Lease

Now - Sale / Lease

Willis Lease

Now - Sale / Lease

Magellan Aviation Group

CompanyPW Small Engines Sale / Lease

(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.

(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

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

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

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

(3) PW123 Now - Sale / Lease Castlelake Neil McCrossan NEIL.MCCROSSAN@CASTLELAKE.COM +44 (0) 207 190 6119

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

PW127M Now - Sale/Lease/Exch.

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

PW119B Now - Lease

PW120A Now - Lease

PW121 (ATR) Now - Lease

PW123B Now Lease

Royal Aero

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

(2) PW2037 Now - Sale / Lease Castlelake Neil McCrossan NEIL.MCCROSSAN@CASTLELAKE.COM +44 (0) 207 190 6119

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

(1) PW2040 N S l / L

CompanyPW2000 Engines Sale / Lease

(1) PW2040 Now - Sale / Lease

(1) PW2000 Now - Sale / Lease AeroTurbine Todd Power tpower@aeroturbine.com +1 (214) 240-1145

Contact Email Phone

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

PW4000 Engines Sale / Lease Company

May 15, 2016

THE AIRCRAFT AND ENGINE MARKETPLACEPage 4 of 4

Contact Email Phone

(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) PW4062 Now - Sale / Lease Frank Rustmeier frank@royalaero.com +49 (0)8025 99360

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

(1) PW4168A Now - Lease

( ) S / G @f

Commerical Engines (cont.)

Company

Willis Lease

Sale / Lease

Magellan Aviation Group

Royal Aero

PW4000 Engines

May 15, 2016

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

(3) PW4056/60/62 Now - Sale / Lease Hartford Aviation Group Anique Gorman agorman@hartfordaviation.com +1 914-235-2014

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

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

(1) PW4062-3 Now - Sale / Lease Matthew White matthew.white@aersale.com +353 1475 3005

(1) PW4056-3 Now - Sale / Lease Alan Kehoe Alan.Kehoe@aersale.com +353 879 393 534

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

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

Contact Email Phone

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

CompanyRB211 Engines Sale / Lease

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

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

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

(1) RB211-524 Now - Sale / Lease

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

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

Contact Email Phone

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

Contact Email Phone

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

Tay Engines

Sale / LeaseTrent Engines

Company

Company

Sale / Lease

(2) Trent892B-17 Sep/Oct 16 - Sale / Lease Castlelake Neil McCrossan NEIL.MCCROSSAN@CASTLELAKE.COM +44 (0) 207 190 6119

(1) Trent 800 Now - Sale / Lease AerSale. Inc. Matthew White matthew.white@aersale.com +353 1475 3005

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

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

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

(1) V2533-A5 Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham ctopham@werneraero.com +1-703-402-7430

(1) V2527-A5 Now - Lease Engine Lease Finance Declan Madigan declan.madigan@elfc.com +353 61 291717

(1) V2533 A5 Now Sale / Lease

Sale / Lease CompanyV2500 Engines

(1) V2533-A5 Now - Sale / Lease

Description Contact Email Phone

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

A320 Landing Gear with Fresh Tags Now - Sale

A340 Landing Gear Now - Sale

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

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

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

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

Aircraft and Engine Parts, Components and Misc. EquipmentCompany

( ) , ( ) , ( ) ,

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

GTCP131-9A (2), GTCP131-9B(2) Now - Lease REVIMA APU Olivier Hy olivier.hy@revima-apu.com +33(0)235563515

GTCP331-200, GTCP331-250 Now - Lease

APS500C14(3), APS1000C12(2), APS2000 Now - Lease

APS2300, APS3200(2), APS5000(2) Now - Lease

PW901A(4), PW901C(2) Now - Sale / Lease

TSCP700-4E Now - Sale

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

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

CFM56 5B CFM56 5C CFM56 7B V2500

APU GTCP 331-500B

Sale / Lease

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

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

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

Now - Sale / Lease Werner Aero Services Christopher Farrell cfarrell@werneraero.com +1 201-661-6819

Now - Sale / Lease

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

PW901A, PW901C Now - Lease Lufthansa Technik AERO Alzey Kai Ebach k.ebach@lhaero.com +49-6731-497-368

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

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

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

GTCP131-9A, GTCP 131-9B

GTCP36-300A

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

331-350C, PW901A

PW901A, PW901C Now - Lease Lufthansa Technik AERO Alzey Kai Ebach k.ebach@lhaero.com +49-6731-497-368

(1) CF34-8C - LPT Module Now - Sale

GTCP131-9B, PW901, (2) GTCP36-300, Now - Sale / Lease AeroTurbine Todd Power tpower@aeroturbine.com +1 (214) 240-1145

GTCP131-9A, (2) RE220RJ, GTCP331-350C, APS3200

May 15, 2016