solidation operations.

Jeffrey Shinder, an antitrust law-yer at Constantine Cannon in New York, told The Wall Street Journal he thought the settle-ment was a “mere slap on the wrist” and that it failed to ad-dress the main issue behind the original complaint - that the three remaining biggest carri-ers, United, Delta and the new American - could now potentially cooperate on pricing.

The DOJ said that low-cost carri-ers would be able to use the new

slots and gates for both direct and connecting flights, but Delta was quick to complain, saying other carriers should not be excluded from the bidding.

The question remains about how much competition will be creat-ed. George Hoffer, an econom-ics professor at the University of Richmond, said that “the DOJ was in an indefensible position. Once you created a super-Delta and a super-United, you had to create a super-American. So the outcome was inevitable.”

Read by thousands of aviation professionals and technical decision-makers every week www.avitrader.com

WORLD NEWS

AMR-US Airways: The merger with few concessions Low-cost carriers to benefit from divested airport slots and assets

The $11bn merger of AMR Cor-poration, the parent company of American Airlines, and US Air-ways Group, given the green light last week after a lawsuit was set-tled, will create the world’s larg-est airline by passengers carried - with remarkably few concessions handed down by the authorities.

The US Deparment of Justice, which filed the original lawsuit, said the conditions placed on the merger were “the biggest ever in an airline deal”. It ordered the two airlines to divest 52 slot pairs at Washington Reagan National Airport and 17 at New York’s La-Guardia as well as two each at air-ports in Boston, Chicago, Dallas, Los Angeles and Miami.

But US Airways CEO Doug Park-er, who will head up the new airline, said that the concessions were “not material enough to offset” more than $1bn in to-tal annual savings and revenue gains. He said that the new com-pany would probably have given up many of those spaces anyway, as part of their post-merger con-

American Airlines and US Airways

will join forces to form

the world’s largest airline

after their merger was

given the go-ahead by the US

Department of Justice

AMR Corp

WEEKLY AVIATION HEADLINES

AFI-KLM in Alitalia rebuff

ISSN 1718-7966 NOVEMBER 18, 2013 / VOL. 415

Air France-KLM voted against Alitalia’s revised business plan de-signed to make the cash-strapped carrier, in which it is the largest shareholder, more profitable. The Franco-Dutch group said it would not subscribe to Alitalia’s €300m ($404m) capital increase after it failed to meet strict conditions for financial restructuring.

Airbus post 45% profit riseAirbus said it aimed to break even on its A350 wide-body program by the end of the decade, as it prepares for the aircraft’s entry into service in a year’s time. The announcement came as it reported net profits of €436m ($587m) for the third quar-ter of 2013, up 45% year-on-year on higher jet deliveries, with rev-enues up 11% to €13.63bn, while Ebit soared 26% to €663m. See page 6 for more.

World’s largest airlines by passengers carried

Pre-merger Post-merger

AirlinePassengers

(000s)*Airline

Passengers (000s)*

1 Delta 116,726 1 American Airlines Gp 140,573

2 Southwest 112,234 2 Delta 116,726

3 United 92,619 3 Southwest 112,234

4 American 86,335 4 United 92,619

5 China Southern 86,277 5 China Southern 86,277

9 US Airways 54,238 6 Ryanair 79,649

*Total passengers (international + domestic) IATA World Air Transport Statistics (WATS) - June 2013

Flybe shareholder sells up Shares in Flybe, European’s largest regional airline, plummeted by as much as 15% after its major share-holder, Rosedale Aviation Holdings, sold its entire 48.1% stake to insti-tutional investors. The airline has struggled with higher fuel costs and airport charges and revealed it would slash a further 500 jobs.

Ryanair ‘irritated’ flyersWillie Walsh, CEO of IAG, accused Ryanair boss Michael O’Leary of ‘taking pleasure in irritating custom-ers”, adding that “when you go to fly with Ryanair, you don’t expect anything - absolutely nothing. And that’s exactly what you get.” But he said he wouldn’t hesitate to travel on Ryanair from a safety point of view and acknowledged that it was ‘extremely well run” with “ simple business model”.

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AIRCRAFT & ENGINE NEWS Pegasus seals $4.3bn deal with CFM

Pegasus Airlines finalized its order for CFM International’s advanced LEAP-1A engine to power 100 Airbus A320neo/ A321neo aircraft. The agreement is valued at approximate-ly $4.3bn at list price, including the long-term service agreement. Under the terms of the 20-year Rate per Flight Hour (RPFH) maintenance agreement, CFM will guarantee maintenance costs on a dollar per engine flight hour basis. The engine selection was announced in July 2013 and the airline is schedule to begin taking delivery of its new aircraft in 2016. The Istanbul-based low cost airline has been a CFM cus-tomer since it began operations in 1990. Today, the airline operates a fleet of 45 CFM-powered Boeing 737 aircraft on scheduled routes to 76 domestic and international destinations through-out Europe, Russia, Central Asia, Caucasus, the Middle East, and Africa.

Germania becomes new Airbus A321 operator

S.A.T., the holding company of the Berlin-based German carrier Germania, has taken delivery of its first out of two A321s on order. Both aircraft are equipped with Airbus’ wing tip fuel saving devices, called Sharklets. The airline has already been operating eight A319 successfully since 2011. The new Germania A321 will operate exclusively for Alltours, one of Germany’s biggest travel agencies. The airline has chosen a spacious single class cabin layout for 208 passengers. The cabin will be equipped with a state-of-the-art en-tertainment system, featuring video screens and in-seat audio channels. The aircraft will be powered by CFM engines.

Doric Aircraft Portfolio increases to 38

On November 14th, 2013, Emirates took delivery of a further Airbus A380-861. The aircraft, bearing the manufacturer’s serial number 134, is owned by a subsidiary of Doric Nimrod Air Three Limited and leased to Emirates. This Airbus is the 116th A380 to have been delivered so far. Doric’s asset management portfolio now comprises 38 air-craft, including a number of A380s with dif-ferent engine and MTOW (maximum take-off weight) options. Doric’s assets under man-agement currently total US$7.8bn. Based in Germany, with subsidiaries in the UK and USA, Doric GmbH is one of the world’s larg-est asset managers of widebody aircraft.

Air Lease Corporation announces lease placement with Okay Airways

Air Lease Corporation announced the long term lease of one new Boeing 737-800 jet aircraft to Okay Airways, based in Beijing,

China. The aircraft is scheduled for delivery to Okay Airways in June, 2015.

Xiamen Airlines takes delivery of 100th airplane

Boeing and Xiamen Airlines celebrated the 100th airplane to join the China’s only all-Boeing carrier. Formed in 1984 as China’s first joint venture between CAAC and a municipal government, Xiamen Airlines started services in 1985 with two Boeing 737-200s serving three cities. The carrier has grown into Chi-

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na’s sixth largest carrier serving 218 domes-tic routes and 26 international and regional routes. With today’s delivery of a Boeing 737-800, Xiamen Airlines’ fleet now consists of 100 airplanes – 17 737-700s, 77 737-800s and six 757-200s.

Flying Colours delivers first special mission CRJ ExecLiner Sharjah, UAE

Ahead of this year’s Dubai Airshow, Flying Colours Corp., the Canadian headquartered MRO, completion and refurbishment specialist

Reliance Aircraft International acquires one 767-300ER and one 737-400 for disassembly

Reliance Aircraft International, Austin, TX acquired ex-JETAIRFLY 767-300ER (24844) and ex-US AIRWAYS 737-400 (24548) for disassembly. Terry Hix, President, states that RAI continues to focus on diversification of its inventory to support the global customer base. Founded in 2011, RAI has acquired 13 aircraft to date by purchase or consignment and is scheduled to double its warehouse space by end of 2013.

MTU Maintenance Zhuhai celebrates 1,000th CFM56 engine overhaul

MTU Maintenance Zhuhai, a joint venture between Germany’s leading engine manu-facturer MTU Aero Engines and China Southern Air Holding Company, celebrated

the MTU Maintenance group’s 1,000th overhaul of a General Electric CFM56. The engine was delivered to customer China Southern Airlines. The celebra-tion event was opened by Frank Bod-enhage, MTU Maintenance Zhuhai president and CEO, and attended by 90 guests from both companies. After the opening speech the official certificate of the engine, a CFM56-7, was formally handed over to Li Hui, China Southern’s on-site engineer. The airline operates a fleet of 454 aircraft, 200 of which

are CFM56-powered. China Southern is Asia’s largest airline in terms of fleet size and number of passengers carried, and the only Chinese carrier ranking among the top ten airlines of the world.

4AviTrader WEEKLY AVIATION HEADLINES

and ceramic resin, manufactured through a highly sophisticated process and further enhanced with proprietary coatings. As part of its continued leadership and commitment to advanced manufacturing, GE plans to in-troduce more CMC components into future engine development programs.

TAECO redelivers first Boeing 757-200PCF for Air China Cargo

Air China Cargo and Taikoo (Xiamen) Air-craft Engineering Company (“TAECO”) re-leased that TAECO has completed the first Boeing 757-200 converted freighter for Air China Cargo. The aircraft is the 7th Boeing 757-200 freighter conversion completed by TAECO with its Supplemental Type Cer-tificate (STC) partner Precision Conversions. The process took 105 days, including a con-

current heavy maintenance check, and air-craft exterior strip and repainting work. The TAECO relationship with Air China Cargo started in 2003. Air China Cargo operates three freighter aircraft and three converted freighters. TAECO completed the first con-version of a Boeing 757-200PCF passenger aircraft into freighter configuration in 2010.

Transaero selects Aviointeriors for Business Class of its B737-800

Aviointeriors was chosen by Transaero to contribute to the expansion of the Business Class also in the medium-haul application on board of its B737-800. Transaero has de-cided to enhance the comfort for its passen-gers even more, by reconfiguring its B737-800 aircrafts and installing the Zeus model seats produced by Aviointeriors in its Impe-

MRO & PRODUCTION

GE Aviation breaks ground on Ashe-ville facility

GE Aviation, a global leader in jet engine and aircraft system production, hosted a ground-breaking ceremony on November 14th, at the site of its new advanced composites fac-tory near Asheville in Western North Caro-lina. The new 170,000-ft² will be the first to mass produce engine components made of advanced ceramic matrix composite (CMC) materials. GE will begin hiring at the new CMC components plant in 2014. Within five years, the workforce at the plant is expected to grow to more than 340 people. The exist-ing workforce at GE Aviation’s current ma-chining operation in Asheville will gradually transition to the CMC components plant. The introduction of CMC components into the hot section of GE jet engines represents a significant technology breakthrough for GE and the jet propulsion industry. CMCs are made of silicon carbide ceramic fibers

Celebrating the overhaul of the 1,000th CMF56 engines MTU Maintenance

Qatar Airways appoints Eirtech Aviation in seven-year deal

Eirtech Aviation was appointed by Qatar Airways to paint the airline’s fleet. This is one of the Irish aviation services company’s largest contract wins, which will see the work carried out across a number of its opera-tional bases including Shannon, Dublin, Ostrava and Rome. The seven-year contract involves the exterior repainting of 74 of Qatar Airline’s wide and narrow body aircraft, including 49 Boeing 777s together with a number of A330s and A320s. Eirtech Aviation was awarded the contract

following the suc-cessful comple-tion of earlier pro-grammes in 2011 and 2013, which included painting the entire fleet of Qatar’s Airbus 340-600s.

AMAC Aerospace redelivers first Airbus A340 maintenance and refurbishment project

AMAC Aerospace, a leading provider of corporate avi-ation maintenance and completion services, has rede-livered its first wide body project, an Airbus A340, to a private Middle Eastern client. The Airbus A340 aircraft came to AMAC initially for a C8 Maintenance check but an additional partial refurbishment was also re-quested which consisted of w o o d w o r k r e s t o r a t i o n , renewed floor-ing, and imple-mentation of changed seat configurations.

November 18, 2013 / Vol. 415

Eirtech land a 7-year painting contract with Qatar Airways EirtechAMAC delivers its first refurbished A340 AMAC

delivered its first special mission CRJ ExecLiner conversion to Sharjah, UAE-based operator Eagle Aviation FZC. The aircraft was delivered at the beginning of November following a re-furbishment process of four months and in-corporated complete Flying Colours Corp Sup-plemental Type Certification. Refurbishment saw the Flying Colours Corp design team work in close collaboration with the operator to convert the aircraft, which had been part of a US airliner fleet, to an innovative special mission airplane. The newly fitted aircraft can offer regular VIP charter, Medevac options, or a combination of charter/medevac, so provid-ing Eagle Aviation with the ultimate versatility at a very cost effective rate.

5AviTrader WEEKLY AVIATION HEADLINES

GAMECO announces Phase II Hangar inauguration

Guangzhou Aircraft Maintenance & Engineering Company (GAMECO), a MRO Joint Venture owned by China Southern Airlines, South China International Aircraft Engi-neering and Hutchison Aircraft Maintenance Investment, announced the inauguration of the new GAMECO Phase II Hangar at the Guangzhou Baiyun International Airport. With hangar doors being lifted up slowly, a China Southern aircraft and a China Postal aircraft were towed into the new hangar. The new Phase II Hangar Project lo-cated south of the current GAMECO hang- ar facility, provides total footage of approximately 66,800 m2. The hangar it- self is a steel grid structure, o f f e r i n g 15,000 m2 pro- viding a total of 8 mainte- nance bays to accommodate narrow-body aircraft (B737 / B757 and A321 family). With a height of 29.8 meters it is also capable of accommodating medium wide body aircraft, e.g. China Southern B787, as well. In addition, the maintenance apron area with 30,000 m2 can accommodate other B757’/B737’s or A320’s. The total investment for the new Phase II Hangar project is approximately ¥ 580M RMB ($94m)

StarFlyer and Lufthansa Technik extend and expand cooperation

Japanese airline StarFlyer and Lufthansa Technik are extending and expanding their co-operation. The technical support provided since the airline began operating in 2006 is now being continued and even broadened through a Total Technical Support TTS contract valid through 2022. As part of its comprehensive supply of the airline’s cur-rent fleet of eleven Airbus A320s, Lufthansa Technik has been contracted to provide an expanded range of services for the engines and landing gears. In addition, for the first time Lufthansa Technik will take over the complete execution and integrated support of a customer’s lease returns. Founded seven years ago with initially three Airbus A320s, StarFlyer offers domestic service to destinations in Japan as well as connections to Ko-rea. Currently the fleet consists of 11 aircraft.

GAMECO’s new Phase II Hangar GAMECO

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rial Class cabin. The Transaero B737-800 aircrafts equipped with the Zeus seats will connect Moscow to a number of European cities, to Israel and to the CIS Countries.

Turkish Technic Calibration Labora-tory broadens service portfolio

As being one of the leading accreditated cali-bration laboratories in the region, in addition to pressure and torque calibration services, Turkish Technic now adds electrical, tempera-ture and humidity calibration services to its services portfolio. The extended accreditation coverage is in effect and Calibration Labora-tory has already been serving its customers with the newly added services. Calibration services performed are in line with ISO/IEC 17025 standards and civil aviation regula-tions. Thus, the Laboratory is accreditted by Turkish Accreditation Agency, TURKAK (accreditation number: AB-0092-K). Turk-ish Technic Calibration Laboratory has the following certificates: ISO17025, AS9100, ISO9001, ISO10012.

Spirit delivers first wing structures for A320neo program

Spirit AeroSystems shipped its first leading and trailing edge wing structures for the A320neo program from its Prestwick, Scot-land, site. Spirit’s Prestwick operation sup-ports assembly of leading and trailing edges for Airbus single-aisle wings and variants.IAI releases improved financial results for third Quarter of 2013

Iceland Air award MAC Interiors re-furbishment contract

National flag carrier Iceland Air has awarded MAC Interiors (formerly MacCarthy Aviation Holdings) a significant contract to provide lavatory upgrade kits for two B737- 800 and one B737-700 aircraft. The contract is to provide upgrade kits for six economy and three business class lavatories. The lavatory kits designed, manufactured and certified by MAC Interiors include; Corian work-top, stainless steel basin, faucet, LED floor lighting, lightweight plastic mirror with LED backlighting, plus many more features across both business and economy class lavatories.

IAI releases improved financial re-sults for third Quarter of 2013

IAI reported net profits for the 3rd quarter in-creased to $57.9m, compared to $37.5m in the 3rd quarter of 2012 – an increase of 54%. Profit before tax totaled $80.7m, compared to $50.3m in the parallel period of last year – an increase of 61%. Company revenues for the 3rd quarter of 2013 were the highest for the

Aerotron chose Turkish Technic for APU services

As a leading repair and overhaul center in the region, Turkish Technic has provided compo-nent repair services for Aerotron for many years. The recent agreement is the first agree-ment between the two parties for APU serv-ices. Turkish Technic will be providing services for the re-certification of APS3200 type APU. Turkish Technic APU Services, is the author-ized repair station of both Hamilton Sund-strand and Honeywell APU models.

6AviTrader WEEKLY AVIATION HEADLINES

last five years, and totaled $643.3m, compared to $605.8m in the parallel quarter of last year – an increase of 6.2%. Cash flow from regu-lar Company activities during the 3rd quarter of 2013 rose to $56.1m, compared to a cash flow of $13.3m in the parallel quarter of 2012, and to $184.6m in the first nine months of 2013. Capital as of the 30th September 2013 totaled to $169.4m, compared to $135.8m as at 31st December 2012.

BOC Aviation prices first offshore RMB bond

BOC Aviation priced its first offshore RMB-de-nominated bond. The coupon on the 5-year unsecured notes of RMB 1bn is 4.5% p.a. The notes will close on November 20th, 2013, subject to the satisfaction of customary clos-ing conditions. The transaction was issued off BOC Aviation’s US$2bn Euro Medium Term Note Programme originally established in Sep-tember 2012 and was 3.5 times subscribed with an order book aggregating RMB3.5bn. It was jointly arranged by BOC International, HSBC and Standard Chartered Bank.

DVB Group post consolidated net in-come before taxes of €96.2m

DVB Bank SE published its results for the first nine months of 2013. DVB continued to suc-cessfully provide financing solutions and advi-sory services to its clients in the international transport sector during the first nine months of 2013, despite the prevailing difficult situa-tion in individual submarkets of international maritime shipping. Consolidated net income before taxes of €96.2m was 7.8% lower

than in the previous year (9 months 2012: €104.3m). The year-on-year change was due to a non-recurring effect in the previous year; namely, the sale of a stake in British aero en-gine specialist TES Holdings Ltd.

Global Aviation Holdings files for Chapter 11 reorganization

Global Aviation Holdings, the largest com-mercial provider of charter air services to the US Military and a major provider of world-wide commercial global passenger and cargo air transportation services, announced that the Company and its subsidiaries, including its two operating airlines World Airways and North American Airlines, have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United

States Bankruptcy Court for the District of Delaware. The Company has taken this ac-tion to strengthen its balance sheet and gain financial flexibility as it continues to realign its operations. The Company intends to continue to operate during the reorganization process. As part of the reorganization, the Company is taking steps to align its cost structure with the realities of market demand. The Company expects to reduce its workforce accordingly by approximately 16% of the employees over the next 90 days.

Finnair lowers financial guidance for 2013

The weak visibility of air traffic development continues due to the uncertain economic outlook in Europe and slower growth in Asia.

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EADS reports improved nine-months

EADS reported higher revenues and profits for the first nine months of 2013, driven by the strong momentum within its commercial aircraft activities. Order intake more than dou-bled to €138.2bn with the order book value reaching €642.5bn at the end of September. The Net Cash position was €5.2bn on 30 September, 2013. Over the first nine months of 2013, EADS’ revenues increased 7% to €40.0bn (9m 2012: € 37.3bn), reflecting the aircraft delivery pattern at Airbus Commercial and increasing activity at Airbus Military (A400M). Revenues were broadly stable at Eurocopter, Astrium and Cassidian. EADS’ re-ported EBIT increased to €2.1bn (9m 2012: €1.6bn). One-off charges were limited to the known impact related to the A380 wing rib feet issue and the pre-delivery payment (PDP) dollar mismatch and balance sheet revaluation at Airbus. The finance result was €-445m (9m 2012: €-337m) while net income increased to €1,195m (9m 2012: €880m). Free Cash Flow before acquisitions amounted to €-4,815m (9m 2012:€-3,235m), reflecting the working capital evolution linked to delivery phasing, industrial ramp-up, some cus-tomer financing activity and the seasonality of the group’s government business.

7AviTrader WEEKLY AVIATION HEADLINES

Experienced aircraft financier Gary Fitzger-ald announced the launch of Stratos – a financial advisory boutique, specialising in aircraft leasing and financing. Stratos will also provide aircraft sourcing and lease-related services to airlines and investors. “Stratos has been created to address a gap in the market where many airlines and in-vestors need cheaper and easier access to aircraft operating lease platforms. They also need advanced technology to decipher air-craft economics and the ability to tap into a network of industry financing experts” says Fitzgerald. Stratos comprises a team of ex-perienced industry executives located across three continents, all of whom bring invalu-able expertise to provide bespoke advisory services: Fitzgerald, managing director, has spent the past 15 years creating lease SPVs and remarketing large aircraft, most recent-ly at Avinco and Avequis (CA-CIB). Aisling McCarthy, Commercial director, has spent over 11 years leasing and trading aircraft,

November 18, 2014 / Vol. 415

Boeing forecasts that airlines in the Middle East will require 2,610 new airplanes over the next 20 years, worth an estimated $550bn. While one-third of that demand – 900 airplanes – will replace today’s fleets, 66% of the demand is expected to be driven by the rapid fleet expansion in the region.

According to the Boeing Current Market Outlook (CMO), long-range, twin-aisle airplanes will continue to dominate the Middle East’s order books, reflecting the global network priorities and emerging alliances and partnerships of the region’s carriers.

“International traffic growth in the Middle East continues to outpace the rest of the world,” said Randy Tinseth, vice president of Marketing, Boeing Commercial Airplanes. “The Gulf region benefits from a unique geographic position that enables one-stop connectivity between Europe, Af-rica, Asia and Australasia. Additionally, over the last decade, we’ve seen a rise in low-cost carriers that have benefitted from a large youthful population, large migrant workforce and trends toward market liberalization.”

According to the Boeing forecast, twin-aisle aircraft will account for more than half of the region’s new airplane deliveries over the 20-year period – as compared to 24% globally. Single-aisle airplanes, such as the Boeing 737, will make up 47% of regional deliv-eries through to 2032, while large airplanes such as the Boeing 747 will account for 10% of forecasted demand. Regional jets account for the remaining 1 percent of the demand.

Globally, Boeing has forecast a long-term demand for 35,280 new airplanes, valued at $4.8 trillion. These new airplanes will replace older, less efficient airplanes, benefiting airlines and passengers and stimulating growth in emerging markets and innovation in airline business models. To meet the growing demand for new airplanes, Boeing has increased production of its popular 737, 777 and 787 airplane families.

BOEING FORECASTS FOR MIDDLE EASTERN AIRLINE INDUSTRY

OTHER NEWS

According to Airbus’ latest Global Market Forecast (GMF), Latin American airlines will re-quire 2,307 new aircraft between 2013 and 2032, including 1,794 single-aisle, 475 twin-aisle and 38 very large aircraft (VLA) worth an estimated US$292bn. Globally, by 2032 some 29,230 new passenger and freighter aircraft valued at nearly US$4.4 trillion will be required to satisfy future robust market demand. With GDP currently growing above the world average (3.6% per year over the last two years, versus 2.6% for the world) socio-economic indicators forecast that Latin America’s middle class will grow to represent more than half of the population by 2032. Be-tween 2012 and 2020, Latin America’s economy is expected to outperform the world average, largely thanks to Mexico and Brazil’s consumer spending. As a re-sult, traffic growth in Latin America in the next 20 years is expected to outperform the world average of 4.7% with an annu-al growth rate of 5.2%. A growing mid-dle class and increased consumer spend-ing have led to air transport becoming more accessible throughout Latin America in the past 10 years, increasing 14% in terms of total number of cities served. Still, while almost 100% of the 20 largest cities in North America and Europe connect passengers with at least one flight per day, only 40% of Latin America’s top 20 cities do the same. As a result, in the next 20 years, intra-regional and domestic traffic is expected to grow at an impressive rate of 6.3%, becoming the big-gest market for Latin American carriers.

AIRBUS FORECASTS FOR LATIN AMERICA

Fuel costs are expected to remain high in the last quarter of 2013, and the demand for air traffic is estimated to grow moderately. Due to the preparations already made for the pos-sible strikes of SLSY and IAU, Finnair’s turno-ver will be below the 2012 level and its opera-tional result for 2013 will turn to a loss. If the strikes are carried out to the extent threat-ened, they will result in further direct revenue losses of at least €60m and decrease Finnair’s operating result by at least €30m. In addition, unit costs excluding fuel (CASK excl. fuel) will increase from 2012. If the strikes are avoided, unit costs excluding fuel are expected to de-crease compared to 2012.

Air Lease Corporation announces pricing of public offering of $700.0m of 3.375% Unsecured Senior Notes

Air Lease Corporation announced the pricing of its public offering of $700.0m in aggregate principal amount of 3.375% unsecured senior notes due 2019 (the “Notes”). The Notes were offered to the public at a price of 99.858% of par. The sale of the Notes is expected to close on November 19, 2013, subject to satisfaction of customary closing conditions. The Notes will mature on January 15, 2019 and will bear interest at a rate of 3.375% per annum, paya-ble semi-annually in arrears on January 15 and July 15 of each year, commencing on January 15, 2014. The Company intends to use the net proceeds of the offering for general corporate purposes, which may include, among other things, the purchase of commercial aircraft and the repayment of existing indebtedness.

LATAM is a big Airbus customer in the region Airbus

Long-range aircraft like the Boeing 777 (above) will contin-ue to dominate Middle Eastern order books Boeing

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Members of the Machinists union Wednesday voted 2-to-1 to reject a contract offer that would have ensured the company builds the new 777X jet in Washington state.

The Seattle Times reported that machinists threw out the proposed eight-year contract extension, unveiled barely a week earlier, because it was laced with cuts to benefits. Many members said they refused to be forced into a hasty and radical decision under a manage-ment threat that they would lose future work.

Boeing Commercial Airplanes issued a statement from president and CEO Ray Conner after the long-term contract extension was voted down.

“We are very disappointed in the outcome of the union vote. Our goal was two-fold: to en-able the 777X and its new composite wing to be produced in Puget Sound and to create a competitive structure to ensure that we continue market-leading pay, health care and retire-ment benefits while preserving jobs and our industrial base here in the region. But without the terms of this contract extension, we’re left with no choice but to open the process com-petitively and pursue all options for the 777X.

most recently at AWAS (Terra Firma) and Pembroke (Standard Chartered). Mark Shaw, marketing director, has 30 years’ experience in the leasing and MRO in-dustries, including the past 12 years at Aviation Capital Group (Pacific Life). Ervin Bach, technical director, is an engineer with a long and distinguished track record recovering and transferring aircraft for AWAS and Pegasus (Oaktree Capital).

STS Component Solutions, a division of the STS Aviation Group, announced the establishment of a new regional of-fice in Singapore. This new office will support the current customer base and further enhance STS’s growth strategies for the Asia Pacific region. The opening of this office exemplifies STS’s commit-ment to its customers and OEM busi-ness partners in providing a global pres-ence for its supply chain solutions.

FLYHT Aerospace Solutions reported that it signed a contract with a South American cargo airline for the Auto-mated Flight Information Reporting System (“AFIRS”). The contract requires FLYHT to install the AFIRS on 12 Boeing 737-400 and 12 ATR-200 aircraft. The airline is a cargo carrier with plans to be the dominant cargo carrier in the region with an integrated ground and air cargo operation. The company intends to use AFIRS as a key component of its paper-less operational strategy, which is de-signed to reduce total operating costs and increase efficiencies.

Eastman Chemical Company report-ed the opening of a new specialty fluids testing lab for Eastman Therminol heat transfer fluids and Eastman Skydrol aviation hydraulic fluids in Singapore. The new lab will service customers in the Asia Pacific region, providing local technical support and in-service fluids testing that is critical in high perform-ance systems using these fluids.

Starting in November 2013, Lufthansa Technik, a worldwide leading supplier of maintenance, repair and overhaul (MRO) services for commercial aircraft, becomes an affiliated member of ALTA – the Latin American and Caribbean Air Transport Association. The new ALTA membership is the latest step of Lufthansa Technik to strengthen its footprint in the booming Latin Ameri-can aviation market. The company is

IAM Machinists hand down resounding ‘no’ to contract extention

Middle East Propulsion Company expands product portfolio

Saudi Arabian engine maintenance company Middle East Propulsion Company strength-ened its position as a provider of military engine maintenance, repair and overhaul (MRO) services for the whole of the Middle East region. Today, barely four years later after MTU’s acquisition of a 19% share in 2009, MEPC’s product portfolio has been continuously ex-tended. The Middle East Propulsion Company has expanded its module maintenance work by winning contracts for the RB199, the engine powering the RSAF Tornado fleet. Further-more the MRO capability for the PT6 engine installed on the RSAF’s Pilatus PC-9 and PC-21 training aircraft has recently been established and the company is awaiting certification approval for maintenance work on the T56 engine that powers the RSAF fleet of C-130 Hercules. This approval is expected by the first quarter of 2014. As a result the company will be in a position to offer full overhaul services for two additional turboprop engines. In ad-dition to this expansion, MEPC has been awarded with a follow-on contract of the Pratt & Whitney F100-PW220 engines for the Boeing F15 beginning November 2013. This contract was put on tender for the first time and was won by MEPC against strong international competition. The F15 has been the backbone of the company in past years.

Vector Aerospace to keep the Lynx flying

Vector Aerospace UK, a leading provider of avi-ation maintenance, repair and overhaul (MRO) services, was awarded an extension to the Lynx Aircraft and Component Servicing, Repair and Overhaul contract by the Ministry of Defence. The announcement, which will secure Lynx depth maintenance at the site, has rewarded the company’s commitment to the strengthen-ing of relationships with its customers by of-fering superior service through rigorous imple-mentation of process innovation.

Rolls-Royce delivers 1.500th engine to Lockheed Martin for C-130J

Rolls-Royce completed its 1,500th AE 2100 engine for installation on a Lockheed Martin C-130J aircraft, scheduled for delivery to the US Air Force in 2014. The milestone dem-onstrates the continued success of the versatile and proven C-130J military transport air-craft and its powerful, reliable and fuel-efficient turboprop engines. More than 300 of the four-engine transports have been delivered or are on order to customers in 15 countries, across 16 different mission types. The 1,500th engine was delivered to Lockheed Martin’s Marietta, GA, facility.

MILITARY & DEFENCE

November 18, 2013 / Vol. 415

Vector Aerospace renewed its Lynx MRO contract with the MOD MOD

• AFI KLM appointed Didier Verté as VP Sales, Africa-Middle Eeast. With a degree in Engineering, Verté began working at AFI KLM E&M in 1990 as a Propulsion Engineer

in Central Engineering after a period at SNECMA as design engi-neer and at FN Moteurs, where he was a Project Manager on com-ponents for the Ariane 5 spacecraft. After joining AFI KLM E&M, he was subsequently made Product Manager for GE Engines and later as General Manager, Customer Services, Engines, he was tasked with sales support and negotiations of contracts, as well as over-sight and invoicing of maintenance work for customers.

• Ken Sewell joined the International Bureau of Aviation as head of Aircraft Transactions. He will be responsible for aircraft remarketing

and associated transaction management across IBA’s growing man-aged portfolio as well as seeking new business opportunities world-

wide. Sewell brings with him over thirty five years’ experience in the aviation industry in both a technical and commercial environment. He started his career with British Airways in the mid-seventies as an Avionics Technician and later became manager of the component overhaul workshops and the material management and supply chain operations. In 1999 Sewell joined their aircraft trading team, initially as a Technical Programme manager and subsequently as Aircraft Trading manager.

AviTrader WEEKLY AVIATION HEADLINES

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EditorCatherine Davies

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MRO Latin AmericaWindsor Atlântica, Rio de Janeiro, Brazil, 21-22 January, 2014. (Event brochure)

Indonesia 1st Aircraft & Engine Leasing SummitJakarta, Indonesia 5-6 March, 2014. (Event brochure)

ISTAT Americas 2014San Diego, California, USA, 16-18 March, 2014. (Event brochure)

Managing Technical Aspects of a Leased AssetMaintenance Reserves Training School

Radisson Blu Centrum Hotel, Warsaw, Poland, 25 & 26 March, 2014. (Event brochures)

EASA & Continuing Airworthiness SeminarRecords Management - Technology Leaps and Best Practices

Dublin, Ireland, 29 & 30 April, 2014. (Event brochures)

Click here for more aviation events

Recommended Events

10

INDUSTRY PEOPLE

November 18, 2013 / Vol. 415

presently progressing its technical and sales presence within the Latin American region.

Monarch Aircraft Engineering (MAEL) signed an agreement with Air Greenland to provide full EASA Continued Airworthi-ness Management in support of the flag car-rier’s Airbus A330 aircraft.

Fokker Services, part of Fokker Technolo-gies, and Rossiya Airlines concluded an agreement covering the introduction of the Fokker Services’ EFB solution for iPad on Rossiya Airlines’ A320 and B767 fleet. The Fokker Services EFB solution for iPad is a Class 2B, EASA-certified installation includ-ing mounting and power supply. Its simplic-ity allows the advantages of an EFB to be achieved at a fraction of the cost and down-time of other solutions currently being of-fered. The solution brought Fokker Services the Aviation Week reward “Most innovative MRO in 2013”. Rossiya Airlines and Fokker Services have reached an arrangement for implementation of the EFB solution for iPad on Rossiya Airlines entire fleet.

• Locatory.com, an industry leader in supporting the aviation industry with IT-based Supply Chain Optimisation solutions worldwide, selected Pentagon 2000SQLTM for integration with its own trading platform catered specifically to the aircraft spare parts aftermarket. Responding to the rapid growth and the most recent trends in the aviation industry, Locatory.com has started its business process integration and added Pentagon 2000 Software as its initial ERP partner.

INFORMATION TECHNOLOGY

Didier VertéAFI KLM

TheAviTraderAircraftandEngineMarketplace Page 1 of 4

Commercial Jet Aircraft

,November 18, 2013

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

A319-100 Amentum Capital CFM56-5B6/3 3533 2008 Mar 2014 Lease Noel Healy marketing@amentum-capital.com +353 1 639 8111

A319-100 Amentum Capital CFM56-5B6/3 3560 2008 Mar 2014 Lease Noel Healy marketing@amentum-capital.com +353 1 639 8111

A320-200 ORIX Aviation V2527-A5 1661 2002 Q1/2015 Lease Donal McConnell donal.mcconnelll@orix.ie +353 863 687 184

A320-200 GA Telesis V2500-A1 66 1989 Jan 2014 Sale / Lease Adam Lockhart alockhart@gatelesis.com +44 (0) 1372 940155

A320-200 GA Telesis V2500-A1 76 1989 Dec 2013 Sale / Lease Adam Lockhart alockhart@gatelesis.com +44 (0) 1372 940155

A320-200 GA Telesis V2500-A1 67 1989 Now Sale / Lease Adam Lockhart alockhart@gatelesis.com +44 (0) 1372 940155

A320-200 GA Telesis V2500-A1 81 1989 Now Sale / Lease Adam Lockhart alockhart@gatelesis.com +44 (0) 1372 940155

A320-231 GA Telesis V2500-A1 441 1993 Now Sale / Lease Harris Koutounidis hkoutounidis@gatelesis.com +1-954-676-3111

Commercial Jet Aircraft

A320 231 GA Telesis V2500 A1 441 1993 Now Sale / Lease Harris Koutounidis hkoutounidis@gatelesis.com +1 954 676 3111

A320-231 Jet Midwest Inc. V2500-A1 0230 1991 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

A321-211 Apollo Aviation Group CFM56-5B3/3 970 1999 Now Sale / Lease Erik Castillo erikc@apollo.aero +1 (305) 579-2340

A321-211 Apollo Aviation Group CFM56-5B3/3 995 1999 Now Sale / Lease Erik Castillo erikc@apollo.aero +1 (305) 579-2340

B737-200F Azure Resources Inc. JT8D-15 22120 Now Sale / Lease Jeff Young jeff@azureres.com +1-954-249-7935

B737-232 Jet Midwest Inc. JT8D-15A 23086 1984 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

B737-2H4 Jet Midwest JT8D-9A 22062 1980 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

B737-300 AerSale CFM56-3B1 23440 1986 Now Sale / Lease Craig Wright craig.wright@aersale.com +1 (305) 764 3238

B737-300 AerSale CFM56-3B1 23441 1986 Now Sale / Lease Craig Wright craig.wright@aersale.com +1 (305) 764 3238

B737-300 World Star Aviation Services CFM56-3C1 28738 1998 Now Sale / Lease Sean O Connor Soconnor@worldstaraviation com +1 415-956-9456B737-300 World Star Aviation Services CFM56-3C1 28738 1998 Now Sale / Lease Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456

B737-300 World Star Aviation Services CFM56-3C1 28872 1998 Jul 2014 Sale / Lease Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456

B737-300 World Star Aviation Services CFM56-3B2 24208 1998 Feb 2014 Sale / Lease Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456

B737-300 World Star Aviation Services CFM56-3C1 28573 1998 Now Sale / Lease Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456

B737-300 ORIX Aviation CFM56-3C1 29331 1998 Q4/2013 Sale Donal McConnell donal.mcconnelll@orix.ie +353 863 687 184

B737-300 ORIX Aviation CFM56-3C1 24910 1991 Jun 2014 Sale Donal McConnell donal.mcconnelll@orix.ie +353 863 687 184

B737-300 Phoenix Aer Capital CFM56-3 24532 Now Sale Bob Gallagher r.gallagher@aircraftsystemsgroup.com +1 727-376-0292

B737-300 Phoenix Aer Capital CFM56-3 24666 Now Sale Bob Gallagher r.gallagher@aircraftsystemsgroup.com +1 727-376-0292

B737-300QC Safair Operations CFM56-3B2 C. Schoonderwoerd corneliss@safair.co.za +27 11 928 0000

B737-400 World Star Aviation Services CFM56-3C1 24706 1991 Now Sale / Lease Sean O Connor Soconnor@worldstaraviation com +1 415-956-9456

Now - Wet Lease / ACMI

B737-400 World Star Aviation Services CFM56-3C1 24706 1991 Now Sale / Lease Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456

B737-400 World Star Aviation Services CFM56-3C1 26290 1993 Now Sale / Lease Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456

B737-400 ORIX Aviation CFM56-3B2 24552 1989 Now Lease Donal McConnell donal.mcconnelll@orix.ie +353 863 687 184

B737-400 ORIX Aviation CFM56-3B2 24979 1991 Q4/2013 Lease Donal McConnell donal.mcconnelll@orix.ie +353 863 687 184

B737-400 ORIX Aviation CFM56-3C1 28702 1998 Nov 2014 Sale / Lease Donal McConnell donal.mcconnelll@orix.ie +353 863 687 184

B737-400 AerSale CFM56-3C1 25417 1991 Now Sale / Lease Craig Wright craig.wright@aersale.com +1 (305) 764 3238

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

B737-400 Safair Operations Pax C. Schoonderwoerd corneliss@safair.co.za +27 11 928 0000

B737-500 World Star Aviation Services CFM56-3B1 26297 1994 Now Sale / Lease Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456

B737 75B Apollo Aviation Group CFM56 7B22 28107 1998 Jan 2014 Sale / Lease Erik Castillo erikc@apollo aero +1 (305) 579 2340

Now ACMI/Wet lease

Now 2013 ACMI/Wet lease

B737-75B Apollo Aviation Group CFM56-7B22 28107 1998 Jan 2014 Sale / Lease Erik Castillo erikc@apollo.aero +1 (305) 579-2340

B737-800 ORIX Aviation CFM56-7B24 33641 2007 Q1/2014 Lease Donal McConnell donal.mcconnelll@orix.ie +353 863 687 184

B737-800 ORIX Aviation CFM56-7B26 35090 2006 Q4/2014 Lease Donal McConnell donal.mcconnelll@orix.ie +353 863 687 184

B737-800 ORIX Aviation CFM56-7B24 34181 2005 Q1/2015 Lease Donal McConnell donal.mcconnelll@orix.ie +353 863 687 184

B737-800 ORIX Aviation CFM56-7B26 35072 2007 Q2/2015 Lease Donal McConnell donal.mcconnelll@orix.ie +353 863 687 184

B747-400 GA Telesis PW4056 28756 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321

B747-400ERF Amentum Capital CF6-80C2B5F 35172 2007 Now Sale Noel Healy marketing@amentum-capital.com +353 1 639 8111

B747-400ERF Amentum Capital CF6-80C2B5F 35170 2006 Now Lease Noel Healy marketing@amentum-capital.com +353 1 639 8111

B757-200 World Star Aviation Services RB211-535-E4 24544 1990 Now Sale / Lease Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456

B757 200 GA T l i RB211 535E4B 24488 1989 N S l St f i J j @ t l i 1 954 958 1321B757-200 GA Telesis RB211-535E4B 24488 1989 Now Sale Stefanie Jung sjung@gatelesis.com +1 954-958-1321

B757-200 ORIX Aviation RB211-535E4 27811 1995 Q1/2014 Lease Donal McConnell donal.mcconnelll@orix.ie +353 863 687 184

B757-200 ORIX Aviation RB211-535E4 27246 1994 Q1/2014 Lease Donal McConnell donal.mcconnelll@orix.ie +353 863 687 184

B757-223 Jet Midwest Inc. RB211-535E4 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

B757-200F AerSale RB211-535E4 23767 1987 Now Sale / Lease Craig Wright craig.wright@aersale.com +1 (305) 764 3238

B767-200ER Jet Midwest Inc. PW4056 24007 1988 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

B767-200ER Jet Midwest Inc. JT9D-7R4D 24325 1989 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

B767-200ER Jet Midwest Inc. JT9D-7R4D 24145 1988 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

B767-222 Jet Asia Aiways Co. Ltd. JT9D-7R4D 21868 Now ACMI, Wet L. Kevin Lee klee@flyjetasia.com +1 310 944 0327

@fB767-246 Jet Asia Aiways Co. Ltd. JT9D-7R4D 23214 Now ACMI, Wet L. Kevin Lee klee@flyjetasia.com +1 310 944 0327

B767-300ER Jet Midwest Inc. PW4060 25287 1992 Now Sale / Lease Kevin Lee / Cathy Liu kevin.lee@jetmidwest.com +1 310 652 0296

B777-200ER GA Telesis Trent 892 28416 1998 Now Sale / Lease Harris Koutounidis hkoutounidis@gatelesis.com +1-954-676-3111

DC10-30F Bristol Associates CF6-50C2 47925 1974 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

DC10-30F Bristol Associates CF6-50C2 47929 1975 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

L100-30 Safair Operations 501-D22 C. Schoonderwoerd corneliss@safair.co.za +27 11 928 0000Now - Wet Lease / ACMI

,November 18, 2013

www.gatelesis.com

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

TheAviTraderAircraftandEngineMarketplace Page 2 of 4

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

MD82 Jet Midwest Inc. JT8D-217C 49988 1990 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

MD82 Jet Midwest Inc. JT8D-219 49325 1986 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

MD82 Jet Midwest Inc. JT8D-217C 49286 1985 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

MD82 Jet Midwest Inc. JT8D-217C 49287 1985 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

MD82 Jet Midwest Inc. JT8D-217C 49342 1987 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

Commercial Jet Aircraft (cont.)

,November 18, 2013

MD82 Jet Midwest Inc. JT8D-217C 49988 1990 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

MD83 Jet Midwest Inc. JT8D-219 53189 1995 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

MD83 Jet Midwest Inc. JT8D-219 49663 1987 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

MD90-30 AerSale V2528-D5 53493 1998 Now Sale / Lease Shane O´Connell shane.oconnell@aersale.com +353 (87) 0638243

MD90-30 AerSale V2528-D5 53497 1998 Now Sale / Lease Shane O´Connell shane.oconnell@aersale.com +353 (87) 0638243

MD90-30 AerSale V2528-D5 53506 1998 Now Sale / Lease Aidan Harrison aidan.harrison@aersale.com +353 (86) 3890787

Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone(2) ATR72 200 Willis Lease PW124B Now Sale / Lease John Edwards jedwards@willislease com +1 415 408 4730

Regional Jet / Turboprop Aircraft

(2) ATR72-200 Willis Lease PW124B Now Sale / Lease John Edwards jedwards@willislease.com +1 415 408 4730

ATR72-212 Safair Operations 405 1994 C. Schoonderwoerd corneliss@safair.co.za +27 11 928 0000

CRJ100ER GA Telesis CF34-3A1 7117 1996 Now Sale / Lease Harris Koutounidis hkoutounidis@gatelesis.com +1 954 676 3111

CRJ100ER GA Telesis CF34-3A1 7123 1996 Now Sale / Lease Harris Koutounidis hkoutounidis@gatelesis.com +1 954 676 3111

CRJ100ER GA Telesis CF34-3A1 7127 1996 Now Sale / Lease Harris Koutounidis hkoutounidis@gatelesis.com +1 954 676 3111

CRJ100ER GA Telesis CF34-3A1 7131 1996 Now Sale / Lease Harris Koutounidis hkoutounidis@gatelesis.com +1 954 676 3111

CRJ100ER GA Telesis CF34-3A1 7134 1996 Now Sale / Lease Harris Koutounidis hkoutounidis@gatelesis.com +1 954 676 3111

EMB-120QC Jet Midwest Inc. PW118 120264 1992 Now Sale / Lease Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

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 B i t l A i t 145192 1999 N S l Ed M N i / P t S idlit b i t l@b i t l i t 1 202 682 4000

Now - Wet Lease / ACMI

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

ERJ-135LR Bristol Associates 145332 2000 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

ERJ-135LR Bristol Associates 145334 2000 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

ERJ-135LR Bristol Associates 145323 2000 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

Commerical EnginesContact Email Phone

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

(2) AE3007A1 Now - Sale / Lease Engine Lease Finance Ciaran McGlynn ciaran.mcglynn@elfc.com +353 61 291729

Bill Polyi bill.polyi@magellangroup.net +1 (704) 504-9204

(1) CF34-8E5 Now - Lease Lufthansa Technik AERO Alzey Tobias Konrad t.konrad@lhaero.com +49 (0) 6731 497461

(2) CF34-10E5

(2) CF34 3A1 Now Sale GA Telesis Harris Koutounidis hkoutounidis@gatelesis com +1 954 676 3111

Now - Sale/Lease/Exch.

Company

CF34-3A1/B1 (multiple available) Magellan Group

GECAS Engine LeasingNow - Sale / Lease

CF34 Engines

Commerical Engines

AE3007 Engines

Sale / LeaseEngine Type

Multiple Engines GE / CFM / RB211

(2) CF34-3A1 Now - Sale GA Telesis Harris Koutounidis hkoutounidis@gatelesis.com +1-954-676-3111

(1) CF34-8E5A1 Now - Lease AeroCentury Frank Pegueros frank.pegueros@aerocentury.com +1 650 340 1888

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

(1) CF6-80C2A5 Apollo Aviation Group Erik Castillo erikc@apollo.aero +1 (305) 579-2340

(4) CF6-80C2A2 Now - Sale / Lease

(2) CF6-80C2B4

(1) CF6-50C2 Now - Sale / Lease Konrad J Walter konrad@TakingAviationForward.com +1 954-445-8127

(1) CF6-50 Now - Sale Phoenix Aer Capital Bob Gallagher r.gallagher@aircraftsystemsgroup.com +1 727-376-0292

CF6-50E2 (multiple) Now Sale / Lease Commercial Aircraft Services Brian Cooper brian@casi aero +1 208-899-1915

Now - Sale/Lease/Exch.

Taking Aviation Forward, LLC

CF6 Engines

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

Now - Sale/Lease/Exch.

CF6-50E2 (multiple) Now - Sale / Lease Commercial Aircraft Services Brian Cooper brian@casi.aero +1 208-899-1915

Jim Green jgreen@ctsengines.com + 1 954 889 0639

Jim Green jgreen@ctsengines.com + 1 954 889 0639

(1) CF6-80C2B4 Now - Sale / Lease

Now - Sale / Lease(1) CF6-80C2B6

CTS Engines

,November 18, 2013

GECASEngine Leasing

www.ses.ie

SEARCH

Search or sell withStockMarket.aero

Supporting the world’s airlinesCorporation

TheAviTraderAircraftandEngineMarketplace Page 3 of 4

Contact Email Phone

(2) CF6-80C2 Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst lee.whitehurst@tes-uk.com + 44 (0) 7760884250

(1) CF6-80C2B4F Now - Lease Ann Lee alee@willislease.com +1 (415) 408 4770

(1) CF6-80C2B4 PMC Now - Lease

(1) CF6-80C2A8/A5 Now - Sale ULS Airlines Cargo Cem AKIN cem.akin@uls-global.com +90 212 496 0202

(1) CF6-80C2B6F Now - Sale / Lease GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111

(1) CF6-50C2 full QEC Now - Sale / Lease Flight Director Gail Holguin gholguin@flightdirector.com +1 (512) 218-5849

(2) CF6 80C2A2

CF6 Engines (cont.)

Sale / Lease CompanyEngine Type

Commerical Engines (cont.)

Willis Lease

,November 18, 2013

(2) CF6-80C2A2

(1) CF6-80C2B1F Now - Lease Engine Lease Finance Joe Hussar joseph.hussar@elfc.com +1 (617)828-3569

(1) CF6-80C2B6F Jan 14 - Sale/Lease/Exch. AerSale. Inc. Matthew White matthew.white@aersale.com +353 86 3004189

(1) CF6-80C2D1F Now - Sale/Lease/Exch. Joe Robirds joe.robirds@aersale.com +1 760-207-7566

(1) CFM56-7B24 Now - Lease Engine Lease Finance Joe Hussar joseph.hussar@elfc.com +1 617 828-3569

(1) CFM56-5A3 Now - Lease

(1) CFM56-5A3 Now - Sale / Lease World Star Aviation Services Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456

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

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

CFM56 Engines

R l A(2) CFM56-3C1 Now - Sale / Lease Frank Rustmeier frank@royalaero.com +49 (0)8025 99360

(1) CFM56-5A3 Now - Sale / Lease

(2) CFM56-5B4P Now - Sale / Lease

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

(1) CFM56-3C1 Now - Sale Mike Visconti mike@avvenireservices.comn +1 305 753-6106

(2) CFM56-7B27/3B1F Now - Sale/Lease/Exch. AerSale. Inc. Joe Robirds joe.robirds@aersale.com +1 760-207-7566

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

(1) CFM56-3C1 Now - Sale/Lease/Exch. Lufthansa Technik Airmotive Irel. Alan Phelan engines@ltai.ie +353-87-2786738

(2) CFM56-3C1 Nov 13 - Sale/Lease/Exch.

(6) CFM56-3C1 Dec 14 - Sale/Lease/Exch.

(2) CFM56-3C1 Jan 14 - Sale/Lease/Exch.

Magellan Group

Royal Aero

(1) CFM56-3B2 Dec 13 - Sale/Lease/Exch.

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

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

(1) CFM56-7B22 Now - Sale / Lease

Ivan Graydon marketing@ses.ie + 353 61 70 6463

CFM56-5B(s)

(1) CFM56-5A3 Now - Lease Ann Lee alee@willislease.com +1 (415) 408 4770

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

Now - Sale/Lease/Exch.

(2) CFM56-7B24 (Non-TI) Now - Lease

Now - Sale/Lease/Exch.

CFM56-7B(s)

Now - Sale/Lease/Exch.

Now - Sale/Lease/Exch.

CFM56-5A(s)

CFM56-3(s) SES

Willis Lease

( )

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

(2) CFM56-5C4/P Now - Lease

(1) CFM56-3C1 AeroTurbine Todd Power tpower@aeroturbine.com +1 214-240-1145

(2) CFM56-5A3 Now - Sale / Exchange

(5) CFM56-3B2 Now - Sale / Exchange

(1) CFM56-3B2 (tow) Now - Lease

(1) CFM56-3B2/C1 Now - Sale / Exchange

(2) CFM56-3B2 Now - Lease

(1) CFM56-3B1 Now - Lease

(1) CFM56-5B4 Now - Lease

Now - Lease

Now - Sale / Exchange

(2) CFM56-7B24/3

(1) CFM56 5B4 Now Lease

(1) CFM56-5A3 Now - Lease

(3) CFM56-3C1 Now - Lease

(1) CFM56-5C4 Now - Sale/Lease/Exch. Apollo Aviation Group Erik Castillo erikc@apollo.aero +1 (305) 579-2340

(4) CFM56-5C3/F Now - Sale/Lease/Exch.

(1) CFM56-5B4/P Now - Lease Castlelake Rich Gauvin rich.gauvin@castlelake.com +1 612 851 3022

(1) CFM56-7B Now - Lease

(1) CFM56-3C Flight Director Gail Holguin gholguin@flightdirector.com +1 (512) 218-5849

Bill Polyi bill.polyi@magellangroup.net +1 (704) 504-9204

(1) CFM56-7B20 Now - Sale/Lease/Exch.

(1) CFM56-5C4 Now - Lease ORIX Aviation Donal McConnell donal.mcconnelll@orix.ie +353 863 687 184

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

Now - Sale / Exch.

Now - Sale/Lease/Exch.(2) CFM56 – 5C3 Magellan Group

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

(1) CFM56-3C1 Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst lee.whitehurst@tes-uk.com + 44 (0) 7760884250

Now - Sale/Lease/Exch PSG Turbines LLC Karl Drusch kdrusch@psgjets.com +1-817-296-2705

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

(2) JT8D-219 Now - Sale/Lease/Exch PSG Turbines LLC Karl Drusch kdrusch@psgjets.com +1-817-296-2705

(1) JT8D-217C/219 Now - Sale / Lease Azure Resources Jeff Young jeff@azureres.com +1-954-249-7935

(1) JT8D-15 full QEC Now - Sale/Lease/Exch. Flight Director Gail Holguin gholguin@flightdirector.com +1 (512) 218-5849

(1) JT8D-17 full QEC Now - Sale/Lease/Exch.

(1) JT8D-219 full QEC Now - Sale/Lease/Exch.

(3) JT8D 200 Now Sale / Lease GA Telesis Eddo Weijer eweijer@gatelesis com +1 954 676 3111

(2) CFM56-5A

(2) CFM56-3C1

Now - Sale

JT8D Engines

GECAS Engine Leasing

(3) JT8D-200 Now - Sale / Lease GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111

Now - Sale / Lease Jet Midwest Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

(2) JT9D-7R4D/E Now - Sale John Titus jtitus@aerocontrols.com +1 253 269-3000

(1) JT9D-7A Now - Sale

(3) JT9D-7J Now - Sale/Lease/Exch. Lufthansa Technik Airmotive Irel. Alan Phelan engines@ltai.ie +353-87-2786738

Now - Sale / Lease Jet Midwest Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

(34) JT9D-7R4D Now - Sale / Lease

(1) JT8D-219 or -217

(1) JT9D-7R4D overhauled

JT9D Engines

,November 18, 2013

TheAviTraderAircraftandEngineMarketplace Page 4 of 4

Contact Email Phone

Bill Polyi bill.polyi@magellangroup.net +1 (704) 504-9204

PW100s (all models) Now - Sale / Lease Lufthansa Technik AERO Alzey Tobias Konrad t.konrad@lhaero.com +49 (0) 6731 497461

(5) PW150A (also Pooling available) Now - Lease

(3) PW121 (ATR) Now - Sale/Lease/Exch. Marty Jones mjones@willislease.com +1 (561) 809-0454

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

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

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

PW Small EnginesNow - Sale/Lease/Exch.PW100's (all models)

Willis Lease

Commerical Engines (cont.)Engine Type Sale / Lease Company

Magellan Group

,November 18, 2013

(3) PW124B Now - Sale/Lease/Exch.

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

(1) PW150 (TT=0) Bill Polyi bill.polyi@magellangroup.net +1 (704) 504-9204

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

(3) PW4056-3 (full QEC) Now - Sale / Lease Bill Polyi bill.polyi@magellangroup.net +1 (704) 504-9204

(1) PW4060-3 Dec 14 - Sale / Lease Royal Aero Frank Rustmeier frank@royalaero.com +49 (0)8025 99360

(1) PW4056-1C Now - Lease AeroTurbine Todd Power tpower@aeroturbine.com +1 214-240-1145

(3) PW4056-3 Now - Sale/Lease/Exch.

(1) PW4060-3 Now - Lease

Magellan Group

Now - Sale/Lease/Exch.

PW4000 Engines

Magellan Group

(1) PW4056-1 Now - Lease

(1) PW4060-1 Now - Lease

(2) PW4056 Now - Sale / Lease AerSale. Inc. Joe Robirds joe.robirds@aersale.com +1 760-207-7566

(2) PW4056-3 Flight Director Gail Holguin gholguin@flightdirector.com +1 (512) 218-5849

(1) PW4056 Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst lee.whitehurst@tes-uk.com + 44 (0) 7760 884250

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

(1) PW4060 Now - Lease

(1) PW4168A Now - Sale / Lease Engine Lease Finance Joe Hussar joseph.hussar@elfc.com +1 (617)828-3569

(1) RB211-535E4 Now - Sale/Lease Rolls-Royce & Partners Finance Bobby Janagan bobby.janagan@rolls-royce.com +44 20 7227 9078RB211 Engines

Now - Lease

(1) RB211-535E4B Now - Sale/Lease/Exch. GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111

(1) RB211-535E4 Now - Sale / Lease AerSale Inc. Matthew White matthew.white@aersale.com +353 86 3004189

(2) RB211-535E4 Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst lee.whitehurst@tes-uk.com + 44 (0) 7760 884250

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

(1) Trent 884-17 Now - Sale/Lease/Exch. Apollo Aviation Group Erik Castillo erikc@apollo.aero +1 (305) 579-2340

(multiple) Tay 650-15 Now - Sale / Lease Jet Midwest Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

(1) V2527-A5 Now - Lease Willis Lease Ann Lee alee@willislease.com +1 (415) 408 4769

Tay Engines

V2500 Engines

Trent Engines

( ) @ ( )

(1) RB211-524H-T-36 Now - Sale / Lease AerSale. Inc. Matthew White matthew.white@aersale.com +353 86 3004189

(1) RB211-535E4 Now - Sale / Lease

(1) V2500-A1 Now - Sale / Lease ORIX Aviation Donal McConnell donal.mcconnelll@orix.ie +353 863 687 184

(1) V2500-A1 Now - Sale / Lease GMT Global Republic Aviation John Leech jleech@GMT-Aviation.com +353 1 210 3504

(1) V2500-A5 Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst lee.whitehurst@tes-uk.com + 44 (0) 7760 884250

(1) V2527-A5 Now - Lease Engine Lease Finance Joe Hussar joseph.hussar@elfc.com +1 617 828-3569

(1) V2533-A5 Now - Sale / Lease

(1) V2533-A5 w/QEC Now - Lease Rolls-Royce & Partners Finance Bobby Janagan bobby.janagan@rolls-royce.com +44 20 7227 9078

(1) V2527-A5 w/QEC Now - Lease

Description Contact Email PhoneNow - Sale Willis Lease Ann Lee alee@willislease.com +1 (415) 408 4769

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

Now - Sale / Lease Jet Midwest Kevin Lee / Cathy Liu cathy.liu@jetmidwest.com +1 310 652 0296

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

Now - Sale Tradewinds Engine Serv. Brad Pleimann bpleimann@tesllc.aero +1 954 421 2510

LHT Airmotive Ireland Alan Phelan engines@ltai.ie +353-87-2786738

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

Engine transportation stands:

NEW QEC for V2500

CFM56; V2500; CF6-80; CF34-3

CFM56-3 Serv Modules (Fan/Booster/HPT/LPT/ AD compliant Gearboxes)

1 V2500 QEC kit, p/n 745k9001-46

GTCP131-9A (P/N 3800708-1)

APU 3800298-1-2 (B767)

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

CompanyAircraft and Engine Parts, Components and Misc. Equipment

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

(1) PW901A Now - Lease LHT AERO Alzey Tobias Konrad t.konrad@lhaero.com +49 (0) 6731 497461

GTCP131-9B, PW901A, GTCP331-200ER, Now - Sale/Lease/Exch. Aeroturbine Brianne Van Abeele bvanabeele@aeroturbine.com +1 972-892-0213

GTCP131-9A, RE220RJ, GTCP331-350C

Ben Murphy or sales@magellangroup.net +353 61-474800 x429

John McDonnell

Description Contact Email Phone(1) 737-400 airframe wanted for tear-down purpose, any year of manufacture Jet Midwest Kevin Lee / Cathy Liu kevin.lee@jetmidwest.com +1 310 652 0296

WantedCompany

Shannon, Ireland

Magellan Group

APU GTCP36-150RJ (CRJ 100/200) SVC- available now – sale/lease/exch.

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

APU T62-T-46C12 (Dash 8 Q400) SVC – available now - sale/exchange

,November 18, 2013