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WEEKLY AVIATION HEADLINES

Continued on page 3

The ever-expanding budget carrier Norwegian Air has posted bigger than expected losses

The net loss was -299 million NOK (-£27.4 million) in 2017, while the earnings before interest, taxes and depreciations (EBITDA) was 60 mil-lion NOK (£5.5 million). The airline said significant costs related to increased fuel prices, wet lease and passenger care affected the re-sults.

The company’s total revenue was almost 31 billion NOK (£2.8 billion) - an increase of 19 per cent com-pared to 2016. A total of 32 brand new aircraft entered the fleet, con-tributing to a production growth (ASK) of 25 percent. The load fac-tor was unchanged at 88 percent. A

total of more than 33 million pas-sengers chose to travel with Nor-wegian in 2017, an increase of 13 percent compared to previous year.

For the fourth quarter, the net loss was 919 million NOK (£84.4 mil-lion). The total revenue was more than 7.8 billion NOK (£716.5 mil-

lion), an increase of 30 percent from the same period last year, primarily driven by international growth as well as an increased traffic in the Nordics. Just over 8 million passengers flew with Nor-wegian this quarter, a growth of 12 percent. The load factor was 85.3

percent. Norwegian made major investments in the fourth quarter related to training of pilots and cabin crew on both its wide-body and narrow-body fleet to prepare for the growth in 2018.

“We are not at all satisfied with the 2017 results. However, the

year was also char-acterised by global expansion driven by new routes, high load factors and continued fleet re-newal. Through our

global strategy, we contribute to lo-cal economic boost and increased employment at our destinations, as well as ensuring that more people can afford to fly - not least between the continents. In 2017, we re-ceived several major international

WORLD NEWS

Norwegian will continue

to expand despite losses.

Photo: Norwegian

ISSN 1718-7966 FEBRuARy 19, 2018/ VOL. 628

Norwegian reports losses Amid a massive global expansion

L3 CTS launches new European airline academyL3 CTS announced the introduction of its new European Academy into the company’s cadet pilot training offering. The L3 European Airline Academy facility, based at Ponte de Sor Airport, Portugal, has the capacity to provide world-class training for up to 500 cadets a year. More than 1,000 cadet pilots start-ed training with L3 CTS in 2017, and the new facility will allow the com-pany to better address the growing worldwide demand for pilots.

Copa Airlines announces new services Copa Airlines, a member of the Star Alliance announced the start of op-erations in July this year to Salvador and Fortaleza, in Brazil, and the is-land of Barbados in the Caribbean. Through this addition, the airline will expand its network of routes in the continent by connecting 78 cities in 32 countries in North, Central and South America and the Caribbean, through the Hub of the Americas, located in Panama City.

Cobalt Air adds access to Abu Dhabi from LarnacaHot on the heels of a recent new route to Düsseldorf, Cobalt Air will inaugurate a new three times weekly service linking Abu Dhabi with Larnaca, beginning on 25 February. Cyprus’ largest airline will offer its new signature busi-ness class on the route. Andrew Madar, CEO, Cobalt Air com-mented: “We are thrilled to add Abu Dhabi to our network which is a key strategic route for Cyprus tourism and business. This sector will not just offer direct flights to Cyprus, but also onward connec-tions to London Heathrow.

“We are not at all satisfied with the 2017 results.”Bjørn Kjos CEO of Norwegian

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Rolls-Royce and Singapore Airlines sign Trent 1000 and Trent 700 contracts

Rolls-Royce has signed contracts with Singapore Airlines at the Singapore Airshow covering Trent 1000 and Trent 700 engines.Singapore Airlines formally confirmed a uS$1.7bn order for Trent 1000 engines to power 19 Boeing 787 Dreamliner aircraft, which will be covered by Rolls-Royce’s flagship TotalCare® engine support service. The order, originally an-nounced in February 2017, was in addition to an order for Trent 1000 engines for 50 aircraft, made by SIA Group, in 2013.The signing comes as the airline prepares for the entry into service of its first 787-10 aircraft pow-ered by the latest version of the Trent 1000, the Trent 1000 TEN (Thrust, Efficiency, New Technol-ogy). Singapore Airlines also signed a contract for SelectCare™ support for Trent 700 engines that power 11 Airbus A330 aircraft.SelectCare is a fixed-price overhaul agreement that allows customers to benefit from Rolls-Royce’s engine health monitoring and after-market capability, while providing cost certainty and plan fleet servicing. It is one of a range of Rolls-Royce CareServices available through its CareStore.

Eviation targets 2021 for “Alice” electric airplane to enter into service

Israeli venture capital-backed Eviation has set a date of 2021 for its “Alice” 9-seat electric com-

muter aircraft to enter into service. The com-pany has just signed a deal with South Korea’s Kokam as its battery supplier. Eviation is one of a number of companies looking to produce small electric aircraft that will consume less power, have lower emissions, be quieter than and have lower operating costs than its conventionally fueled counterparts.Part of the reason for the tie up with Kokam for battery supply is the South Korean manufacturer

can adapt its production processes to meet with Eviation’s specific needs yet on an initial low-volume scale.“If I would go today to Samsung or Panasonic or LG Chem or Tesla for that matter and say I need a different cell size, they will probably laugh be-cause the number of cells we are going to buy is not significant enough to start the design pro-cess,” Eviation CEO Omer Bar-yohay told Reuters in a phone interview.

Orders and deliveries – Boeing and Airbus

Airbus opened its 2018 business activity with orders in January for 20 A320 Family jetliners – taking overall bookings for this best-selling single-aisle product line to 14,135 and delivered 27 single-aisle and widebody aircraft during the month, bringing the company’s total deliveries since its creation to nearly 11,000. Boeing generated 28 orders in January, all 737s and delivered 44 aircraft during the month.

Airbus v Boeing: Orders and DeliveriesJanuary 2018 yTD

Airbus Boeing

Type Orders Deliveries Type Orders Deliveries

A320 Family 15 21 737 11 31

A330 0 2 747 0 1

A340 0 0 767 0 1

A350 0 4 777 0 3

A380 0 0 787 0 8

Total 15 27 Total 11 44Source: Airbus Source: Boeing

customer awards, which would never have been possible without our dedicated colleagues at Norwegian,” said CEO Bjørn Kjos of Norwegian.

“Norwegian is far better positioned for 2018, with stronger bookings, a growing network of intercontinental routes complementing our vast European network and not least, a better staffing situation. Our major global expansion reaches its peak in the second half of 2018, when 32

of our 42 Dreamliners on order will have been put into service,” Kjos continued.

In February, the carrier announced it would continue its global expan-sion by launching the uK’s first low fare route to South America, with a non-stop service from London Gatwick to Buenos Aires.

...continued from page 1

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Eviation is planning to fly the Alice demonstra-tor on its maiden flight by the end of this year, with the first public display aimed for the Paris Airshow in mid-2019, he said. Moving to com-mercial production after that would require rais-ing around $100 million of capital, Bar-yohay also confirmed.Electric airplanes are currently relying on improve-ments in battery technology, which is why smaller aircraft will take to the skies long before large commercial jets. The battery in Alice will have 9,400 cells distributed throughout the aircraft in-cluding the ceiling, floor and wings, and will weigh 3.8 tons, which equates to approximately 60 per-cent of the maximum takeoff weight.Batteries are heavy and store far less energy per kilogram than jet fuel, though the ratio is con-tinuously improving each year, allowing electric cars and airplanes longer ranges than they had previously.Eviation’s Alice airplane should have a range of up to 650 nautical miles (1200 kilometers), roughly 15 percent further than a similar-sized conventional Cessna Caravan. The cost is ex-pected to be around uS$2 million-plus, similar to the Cessna, but will offer lower fuel and main-tenance costs, according to Bar-yohay.

AIRCRAFT & ENGINE NEWS

Air Lease Corporation announces placement of Airbus A320-200neo with Atlantic Airways

Air Lease Corporation (ALC) has signed a long-term lease agreement for one Airbus A320-200neo with Atlantic Airways, the national airline of the Faroe Islands. The aircraft will deliver in March 2019 from ALC’s order book with Airbus.“We are very pleased to announce this new lease placement with Atlantic Airways, a new cus-tomer for ALC,” said Steven F. udvar-Házy, Executive Chairman, Air Lease Corporation, adding: “Atlantic Airways connects the Faroe Islands in the North Atlantic with multiple destinations in Scandinavia and a growing route network in Europe. The A320neo will help add capacity and efficiency to Atlantic’s all-Airbus fleet.”

Air Lease Corporation and Atlantic Airways sign lease agreement for one A320-200neo Photo: ALC

Emirates firms up order for up to 36 additional A380s

Emirates and Airbus have firmed up an earlier Memorandum of understanding (Mou) and signed a contract for the 20 additional A380s with a further 16 options to be confirmed at a later date. The total agreement for 36 aircraft is valued at uS$16bn based on latest list prices. Deliveries are to start as early as 2020. The agreement was signed at the World Government Summit by HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group, and Mikail Houari, Airbus President for Africa and Middle East.

Emirates firms up order for 20 additional A380s with 16 options Photo: Airbus

GE and Tata celebrate ground-breaking of Aero-engine Centre of Excellence in Telangana

GE and Tata group, India’s leading global enter-prise, have held a ground-breaking ceremony for the world class Structural Center of Excellence (COE) focused on aero-engine components. The manufacturing facility will be located in Adibatla, Hyderabad.The COE will incorporate latest technologies from GE and best manufacturing practices to deliver complex high precision aero-engine com-ponents to the world’s fastest-selling jet engine, the CFM LEAP engine.This is part of the strategic partnership signed in November 2017 between GE Aviation and Tata Advanced Systems Limited (TASL) to join forces for manufacturing, assembling, integration and testing of aircraft components.The agreement for manufacturing of LEAP com-ponents and establishment of TASL as a COE provides the opportunity for TASL to expand into other GE product lines in both commercial and military engines in the future.

CTT Systems announces first Cair™ VIP order for BBJ MAX 8

CTT SySTEMS AB (CTT), a leader of aircraft humidity control systems, has announced a

MRO & PRODuCTION NEWS

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WEEKLY AVIATION HEADLINES

Liebherr-Aerospace receives order for Airbus Helicopters’ H160 heating valves

Liebherr-Aerospace Toulouse SAS, has been selected by Airbus Helicopters to supply the heat-ing valves for its H160 helicopter program. Liebherr-Aerospace will not only develop, qualify and manufacture the environmental control system components, but the company will also service them.Liebherr will supply two valves of the heating system that will be installed in the helicopter in order to provide hot air to the cabin, allowing temperature adjustment inside the cabin and demisting of the window panes of the helicopter.Liebherr-Aerospace has incorporated its latest innovations from the field of high-precision electro-mechanical controls into the design of the highly reliable heating valves. Made of lightweight aluminum, they contribute to the optimization of the helicopter’s operating costs.The contract for the heating valves is the second order Liebherr-Aerospace received for the H160 program; in September 2012, the company was selected to supply the main rotor actua-tor for the medium twin-engine aircraft designed as the successor to the Dauphin helicopter. Moreover, Liebherr supplies flight control, landing gear and air management systems or com-ponents for almost all of Airbus Helicopters’ rotor wing families.

Liebherr-Aerospace to supply heating valves for Airbus Helicopters H160 helicopter program Photo: © A. Pecchi

through the years to be a strong point for op-erators around the world.”

BAE Systems Regional Aircraft wins fleet support contract from Braathens Region-al Airlines

BAE Systems Regional Aircraft has secured a three-year Fleet Support Services contract from Swedish carrier Braathens Regional Airlines (BRA) covering a total of 12 Avro RJs operated by the airline.The scope of the contract includes a renewal of

the long-standing JetSpares customized rotable spares rate-per-flying-hour support agreement, for which BRA is the longest-standing customer, having been enrolled on this service since 1996. The new agreement covers 640 parts per air-craft over the 12 aircraft fleet (10 RJ100s and two RJ85s) and is for a minimum of 38,000 fleet flying hours across the three-year period.Also signed was an agreement for rate-per-fly-ing-hour coverage for the Honeywell GTCP36-150M Auxiliary Power unit (APu) that is fitted to eight Avro RJ100s in the BRA fleet.Working with an established overhaul supplier, Regional Aircraft provides BRA with a guar-

launch customer order for its Cair™ VIP Inflight Humidification system from Jet Aviation for one Boeing BBJ MAX 8. This completion will feature increased humidity in the entire aircraft cabin which requires support from three humidifi-ers. This award is CTT Systems’ 86th VIP order for Airbus ACJs/Boeing BBJs. CTT’s humidifier maintains air humidity in the human comfort zone of approx. 20 percent Relative Humidity. A higher humidity on long-haul flights reduces dry air-related problems (e.g. fatigue, jet-lag, red eyes, dry skin, spread of viral diseases) and improves wellbeing and sleep. The humidifier is based on evaporative cooling technology and uses a method that effectively precludes the transfer of bacteria. The Cair™ VIP IFH system offers total anti-condensation protection.

SWISS Selects Pratt & Whitney Geared Turbofan™ engines to power new fleet of Airbus A320neo and A321neo aircraft

Swiss International Air Lines (SWISS) has select-ed Pratt & Whitney Geared Turbofan™ (GTF) engines to power 15 total Airbus A320neo and A321neo aircraft. Deliveries are scheduled to begin in 2019. SWISS currently operates a fleet of 15 GTF-powered Bombardier C Series air-craft, including both the CS100 and CS300 mod-els, with another 15 aircraft on order.

Orolia signs 20-year agreement to pro-vide ELTs and support to Airbus Helicop-ters

Orolia, a leader in resilient position, naviga-tion and timing (PNT) technology, has signed a 20-year agreement with Airbus Helicopters tocontinue its role as the supplier of emergencylocator transmitter beacons, as well as techni-cal support for all civil and military Airbus heli-copters.“This new, long-term contract shows a greatdeal of continued trust in us from Airbus,” saidChristian Belleux, Director, Aviation ProductLine at Orolia. “We’ve been so pleased withthe reliability of the INTEGRA ELT, the primaryproduct for Airbus helicopters, and its uniqueoperating features have also been proven

MRO & PRODuCTION NEWSM

onarch Aircraft Engineerin

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WEEKLY AVIATION HEADLINES

anteed service level on the APus for a fixed monthly cost over the three-year period.BRA has also extended its long-term Tech 21 agreement with BAE Systems. Tech 21 is a prior-ity technical support service which nominates a dedicated engineer to handle and ensure time-ly responses to technical issues.

Iberia Maintenance to service DHL’s RB211 535-E4 engines

Iberia Maintenance has been awarded the contract for inspection and repair of the Rolls-Royce RB211 535-E4 engines on the B757 fleets of DHL Air uK and Blue Dart, both subsidiaries of DHL Express. The contact covers maintenance of 40 engines over a 10-year period. Iberia Maintenance already services the RB-211-535C engines belonging to the transport and logistic group’s Deutsche Post DHL unit. The British DHL Air uK is a freight carrier with a fleet of 20 B757-200SFs and four B767-300Fs.

Iberia Maintenance and DHL sign engine service contract Photo: Iberia Maintenance

MRO & PRODuCTION NEWS

LCI partners with CIT and Prudential Group on inaugural capital markets financing

Lease Corporation International (LCI), a leading helicopter lessor and aviation division of the Li-bra Group, has closed its inaugural capital mar-kets term loan financing, with a value in excess of uS$55m.The private, senior secured tranches have a ma-turity of five years, and were offered to a range of uS financial institutions. CIT Group and Pruden-tial Capital Group, the private capital investment arm of PGIM, the uS$1 trillion global investment management businesses of Prudential Financial, jointly funded the financing.LCI is using the proceeds from the financing to fund the continuing expansion of its fleet with the acquisition of six new Leonardo AW139 and AW169 helicopters. All of the aircraft have con-firmed placements with lessees in Emergency Medical Services (EMS) and Search and Rescue (SAR) roles.LCI’s fleet, which comprises approximately uS$750 million of assets in service and on order, is focused on the latest-technology-medium and super-medium helicopters manufactured by the leading helicopter OEMs, including Leonardo, Air-bus and Sikorsky.

AerCap reports financial results for full year 2017

AerCap has posted fourth-quarter 2017 net in-come of uS$266.3m compared to uS$364.7m for the same period in 2016. The decrease in net income was primarily due to the fact that during the fourth quarter of 2016, AerCap recognized income from lease terminations and a gain re-

FINANCIAL NEWS

lated to the repayment of a note receivable ear-lier than expected. Full year 2017 net income was uS$1.0762bn compared to uS$1.0466bn for 2016.AerCap executed 402 aircraft transactions in 2017, including 119 wide-body transactions and ordered 30 Boeing 787 aircraft and 50 Airbus A320neo Family aircraft. AerCap’s Board of Direc-tors approved a new share repurchase program authorizing total repurchases of up to uS$200m of AerCap ordinary shares through June 30, 2018.

Bombardier reports fourth-quarter and full-year 2017 results

Bombardier has reported its fourth-quarter and full-year 2017 results, highlighting solid financial and operational performance across the com-

pany. In 2017, Bombardier’s full-year EBIT be-fore special items grew 57% year-over-year, from $427m to uS$672m, while EBITDA before special items reached close to uS$1bn. Full year EBIT margins exceeded guidance for Transportation, Business Aircraft and Aerostructures. Before spe-cial items, EBIT margins were 8.4% at Transpor-tation and Business Aircraft; and 10.0% at Aero-structures. Consolidated revenues for the year were uS$16.2bn, in line with its guidance.Free cash flow performance for 2017 was better than guidance by more than uS$200m, with a us-age of uS$786m. This over-performance allowed Bombardier to end the year with a uS$3.1bn cash balance and well positioned to achieve cash flow breakeven in 2018, a key objective of the Com-pany’s turnaround plan.Business Aircraft’s 2017 financial performance met or exceeded guidance, delivering 140 air-

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WEEKLY AVIATION HEADLINES

BA Systems to modernize head-up displays for United Arab Emirates F-16 fleet

BAE Systems has been selected by Lockheed Mar-tin to modernize head-up displays (HuD) on F-16 aircraft for the united Arab Emirates (uAE) Armed Forces, replacing the fleet’s analog system with advanced digital technology. The HuD, which sits directly in a pilot’s line of sight, is a see-through display that presents real-time, flight-critical in-formation without obstructing his or her view of the outside world. BAE Systems will use its cut-ting-edge Digital Light Engine (DLE) technology to implement a HuD upgrade that integrates seam-lessly into the F-16’s existing HuD space, requiring no changes to the aircraft, cabling, or computing. The advancement will remove the outdated cath-ode ray tube image source and replace it with a digital projector.The fully digital system has the potential to re-duce life-cycle costs by 20% and offers at least

MILITARy AND DEFENCE

craft. Revenues were uS$5.0bn with EBIT margins before special items of 8.4%.For the fourth quarter, deliveries reached 44 units, including a strong mix of Challenger and Global family aircraft, representing 29 and 13 de-liveries respectively.Commercial Aircraft’s financial performance for 2017 was marked by the continued production ramp-up of the C Series aircraft program. As an-nounced in the third-quarter financial results, engine delivery delays from Pratt & Whitney im-pacted the C Series aircraft deliveries, particularly in the fourth quarter. While revenues reached uS$2.4bn, in line with its guidance, the EBIT loss before special items at uS$377m compared fa-vorably relative to expectations.

Airbus posts full year 2017 results

Airbus has reported 2017 revenues of €66.8bn (2016: €66.6bn) with higher aircraft deliveries offset by a reduction in revenues of around €2bn from the perimeter changes. Commercial Aircraft revenues rose by 3.5% with record deliveries of 718 aircraft (2016: 688 aircraft) comprising 558 A320 Family aircraft, 78 A350 XWBs, 67 A330s and 15 A380s. Helicopters’ revenues were slightly lower with deliveries of 409 units (2016: 418 units). Revenues at Defense and Space reflect-ed the division’s perimeter changes of around €1.7bn but were 7% higher on a comparable basis driven mainly by military aircraft.EBIT Adjusted increased to €4,253m (2016: €3,955m).Commercial Aircraft’s EBIT Adjusted of €3,554m (2016: €2,811m) reflected the strong delivery performance supported by improved foreign ex-change rates.Helicopters’ EBIT Adjusted declined to € 337m (2016: €350m) but was broadly stable on a com-parable basis. Lower deliveries, an unfavorable mix, and lower commercial flight hours in services were compensated by transformation efforts which have globally supported the division’s com-petitiveness in a challenging market. The sale of the maintenance, repair and overhaul business Vector Aerospace was closed in November.Defense and Space’s EBIT Adjusted amounted to

FINANCIAL NEWSfour-times the reliability of legacy analog systems. The DLE HuD features high-resolution symbology that is viewable under any flight conditions, and it is designed to accommodate future advance-ments in symbology and video.

GE Aviation receives KC-46 Tanker Flight Management System approval

GE Aviation has received approval for its flight management system from the Boeing KC-46 tanker program. The approval is a result of Boeing securing an amended type certification from the u.S. Federal Aviation Administration (FAA) for the 767-2C aircraft configuration of the KC-46 aircraft. GE Aviation’s flight management system and com-munications management applications (CMA) are part of the KC-46 mission control system, which manages the aircraft mission.This is the first aircraft that GE Aviation has re-ceived FAA approval for its flight management system integrated with its own CMA. The CMAtakes the place of the traditional communication management unit (CMu) on the aircraft by pro-viding the communications management func-tion as a hosted application running on the flight management computer. The CMA provides fullaircraft communications addressing and report-ing system (ACARS) and aeronautical telecom-munications network (ATN) data link communi-cations between the aircraft, as well as Air Traffic Control and the mission control center. By provid-ing the FMS and CMA/ATN capability as software applications, GE has provided a more integrated user interface and eliminated the traditional CMu hardware on the aircraft.In order to receive the certification, Boeing’s team, which included Commercial Airplanes andDefense, Space & Security personnel, completed a series of analyses and laboratory, ground andflight tests that focused on the aircraft’s funda-mental capabilities including avionics, auto-flight and environmental control systems, as well as itsnew fuel system. The resulting data validated that all systems operated as intended.The ATC is one of two FAA airworthiness certifi-cations required for the KC-46 program. A com-bined Boeing/Air Force team has been concur-rently completing Supplemental Type Certificate (STC) work, which encompasses the military sys-tems that are installed on the 767-2C to make ita tanker.

€872m (2016: €1,002m), reflecting the perimeter changes but was broadly stable on a comparable basis.A total of 181 A320neo Family aircraft were deliv-ered, up from 68 during 2016.Supplier Pratt & Whitney introduced new engine fixes in the fourth quarter which have been certi-fied. A new issue has arisen recently, the impact of which is under assessment with respect to 2018 deliveries. CFM International meanwhile ex-perienced some maturity issues in 2017 on some batches of the LEAP-1A engine. The A320neo ramp-up remains challenging and requires that the engine suppliers deliver in line with commit-ments. On the A350, good progress was made with the industrial ramp-up, recurring cost con-vergence and the reduction of outstanding work in the Final Assembly Line, which has been signifi-cantly reduced. The A350 program is preparing to reach the targeted monthly production rate of 10 by the end of 2018. Meanwhile, Emirates Airline’s latest order provides increased visibility on the A380 program for the next ten years to come.Net income increased to €2,873m (2016: €995m) after the EBIT Adjustments, with earnings per share of €3.71 (2016: €1.29). (€1.00 = uS$1.25 at time of publication.)

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WEEKLY AVIATION HEADLINES

In January 2018, the airlines of the Lufthansa Group welcomed around 8.7 million passengers. This shows an increase of 10.1% compared to Jan-uary 2017. The available seat kilometers were up 8% and sales increased by 7.4% also compared to January last year. The seat load factor decreased by 0.4 points to 75.6% compared to January 2017.

Philippine carrier Cebu Pacific Air (PSE: CEB) cur-rently operates a fleet of 60 aircraft, comprised of A320s, A330s, ATR 72-500s and ATR 72-600s. Between 2018 and 2022, CEB expects delivery of seven A321ceos, 32 A321neos, and 8 ATR 72-600s. With this anticipated expansion, Cebu Pa-cific Air has decided to invest in pilot operations, to ensure that flight crew day-to-day operations, and their mission management are at the cutting

OTHER NEWS

edge. As a result, it has selected the Aviobook Electronic Flight Bag (EFB) solution to digitize all its current flight dispatch documentation.The Thales EFB will provide Cebu Pacific Air pilots with a fully digitized solution that will increase their situational awareness and enable CEB to go paperless, reducing its cumulative aircraft fuel burn, and consequently its carbon emissions.Following the acquisition of Aviovision by Thales in 2016, the two entities bring combined capa-bilities to EFB solutions for airlines with a broader range of operational applications, leveraging Thales’ expertise in avionics, airborne connectiv-

ity, data analytics, cybersecurity and ground sup-port platforms.

Rockwell Collins’ ARINC vMuSE™ Common use Passenger Processing System (CuPPS) has been selected by Grupo Aeroportuario del Centro Norte, known as OMA, to provide enhanced flex-ibility of airport resources and passenger check-in at eight Mexican airports.vMuSE optimizes existing airport infrastructure by seamlessly enabling multiple airlines to share common terminal facilities. For example, differ-ent airlines may share the same check-in areas

Commsoft, developers of one of the world’s leading MRO IT systems, has announced that Corendon Dutch Airlines has become the latest member of the fast-growing global OASES user community.Part of the international Corendon group of companies, Corendon Dutch Airlines started op-erations under its own AOC in April 2011 and currently operates charter flights to a number of destinations around the Mediterranean – including Spain, Portugal, Greece, Turkey, Egypt and Morocco – from Amsterdam Airport Schiphol and Maastricht Aachen Airport.under the terms of the new contract, the airline will be using OASES to support its fleet of three Boeing 737-800s.

Corendon Dutch Airlines becomes latest member of OASES user community Photo: Commsoft

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Production of CH-53K helicopter engine in-corporating cutting-edge technology from MTU Aero Engines launched

The T408 engine that will power the u.S. Marine Corps’ CH-53K heavy-lift helicopter is now going into production. The contract to build 22 T408-GE-400s and provide logistics and engineering support for the engine has been awarded to GE Aviation by the u.S. military, marking a ma-jor milestone. MTu Aero Engines is responsi-ble for the development and production of the power turbine for the T408 engine and has a work share of 18% in the engine program. The u.S. Marine Corps expects its first squadron of CH-53K helicopters to reach initial operational capability by 2019. Sikorsky is building 200 of the CH-53K heavy-lift helicopters, which will be delivered to the u.S. Marine Corps along with 800 T408 engines.

MILITARy AND DEFENCE

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WEEKLY AVIATION HEADLINES

and services, with SIAEC’s engineering and main-tenance, repair and overhaul (MRO) expertise, to provide airline customers worldwide with en-hanced aircraft maintenance solutions.

All Nippon Airways (ANA) of Japan has signed a multi-year IMS contract with Satair, an Airbus services company, for a long-term, fully integrat-ed end-to-end supply chain package, covering expendable material for the airline’s continuously growing 18-strong A320 family fleet, compris-ing A320CEO and NEO, and A321CEO and NEO aircraft. The service from Satair commenced in December 2017 and includes planning, sourcing, purchasing, logistics and inventory management covering some 15,000 part numbers, with a pos-sible increase in the part number scope to follow. The coverage includes all expendables materials needs of ANA. A collaborative on-site team con-sisting of both Airbus/Satair and ANA staff work-ing in one office is creating a truly integrated and seamless operation to deliver the service.

Delta Cargo is introducing Equation Critical, a new service for international shipments. This premium GPS-enabled service for the transportation of highly time-sensitive shipments that must travel on the next available flight, offers GPS tracking on deltacargo.com and moves with the highest prior-

and/or boarding gates. As the number of airlines serving an airport continues to expand, they will be able to access the CuPPS-compliant vMuSE system without the need for complex infrastruc-ture implementation costs. vMuSE is currently operational at Mazatlan and Zihuatanejo airports. By 2019, the vMuSE system will be installed and operational at Acapulco, Culiacan, Chihuahua, Monterrey, Reynosa and San Luis Potosi airports.

SIA Engineering Company has signed a Memo-randum of understanding (MOu) with CaseBank Technologies (CaseBank) – a division of Aircraft Technical Publishers (ATP) and the leading pro-vider of integrated diagnostic and troubleshoot-ing software solutions – to collaborate in the field of data analytics. under the MOu, the parties will explore collaborating in the areas of research, de-velopment and commercialization of advanced diagnostic software, for use in the aviation indus-try. The deployment of advanced diagnostic soft-ware during aircraft maintenance will streamline the troubleshooting process and reduce aircraft maintenance downtime and component removal costs. This collaboration combines CaseBank’s experience in developing and providing software

OTHER NEWSity across Delta’s global network. Customers will know where their shipment is, anywhere in the world, in real time.In distinctive pink packaging, the airline’s Critical service does not require pre-booking and can be tendered up to 90 minutes before a flight. This service caters to customers who are shipping time-sensitive items, such as legal documents, essential machinery parts and aircraft on the ground (AOG) components. Critical shipments come with a service-level guarantee and Delta’s Cargo Control Center proactively monitors Critical shipments throughout the journey.Initially, Delta’s Equation Critical service will launch for international shipments originating in Atlanta, Savannah and London, destined for Bogota, Colombia; Johannesburg, South Africa; Quito, Ecuador; and Seoul-Incheon, South Korea. Atlanta, Savannah and London will also accept import shipments. These routes allow fully GPS-enabled shipments. Equation Critical will be pro-gressively rolled out in other international mar-kets across Delta’s extensive network, subject to customer demand and regulatory approvals.

Norwegian is continuing its global expansion by launching the uK’s first low fare route to South America, with a non-stop service from London Gatwick to Buenos Aires. The new year-round ser-

South African Airways Technical (SOC) Ltd (Reg. No 1999/024058/30)

OR Tambo International Airport Republic of South Africa

Hereinafter referred to as "SAAT")

RFB-SAAT004/2017 REQUEST FOR BID FOR SUPPLY OF AIRCRAFT HYDRAULIC FLUID AND MOBILE JET 2 OIL FOR SAAT.

SAAT is inviting suitably qualified service providers to bid for the above-mentioned product.

Bid documents will be available on the SAA website - www.flysaa.com from 14h00 on 21 February 2018. Please be advised that the bid document can be accessed using the following link:

http://www.flysaa.com/za/en/footerlinks/aboutUs/saa-tenders.html

Should you encounter any technical difficulties please contact Mandy Coetser at e-mail address: MandyCoetser@flysaa.com

Bidders are encouraged to send their bid related questions in writing to the Project Manager: Viwe Bingwa and the closing date for clarification questions is 01 March 2018 @ 16h00, at e-mail address: oumabingwa@flysaa.com

The submission deadline is on Tuesday, 06 March 2018 at 11h00, South African time (GMT+2) All bid documents must be deposited in the tender box situated at: South African Airways, Airways Park, Jones

Road – O.R Tambo International Airport, 1627, South Africa.

GPS Coordinates: 26°8′15’″S 28°13′30″E

No late submissions will be considered.

10

WEEKLY AVIATION HEADLINES

• Boeing has appointed Linda Mills as vice president of Communications for BoeingCommercial Airplanes. Mills, an award-winning executive with 20 years of stra-tegic communications experience, joinsBoeing from Seattle-based Starbucks,where she served as vice president ofGlobal Communications.In her new role, Mills will work with ateam of communications and marketingprofessionals responsible for global me-dia relations, employee and executive

vice of four weekly flights from London Gatwick to Buenos Aires Ezeiza International Airport will offer passengers more choice and low fares.Gatwick Airport CEO Stewart Wingate said: “The launch of Norwegian’s first ever South American route is another exciting landmark in Gatwick’s ongoing mission to connect the uK to more and more long-haul destinations. The airport now of-fers 63 long-haul connections – with many, includ-ing Buenos Aires, operated by low-cost carriers – making Gatwick the busiest departure airport for low-cost long-haul services in the world.

IFS, the global enterprise applications company, has reported that Air Transport Services Group (ATSG), a provider of medium wide-body air-craft leasing, air cargo transportation and related services, has selected IFS Maintenix to deliver comprehensive fleet maintenance management across its two cargo airline subsidiaries – ABX Air and Air Transport International – and its aircraft leasing subsidiary, Cargo Aircraft Management.As one of the largest owners and operators of converted Boeing 767 freighter aircraft, ATSG has experienced strong growth in recent years. To meet evolving operational demands, ATSG’s airline subsidiaries – ABX Air and Air Transport In-ternational (ATI) – and its aircraft leasing subsidi-ary – Cargo Aircraft Management (CAM) – sought a modern, scalable software solution that could drive greater standardization and maintenance management process efficiencies.Following a market review, ATSG’s subsidiaries selected IFS Maintenix to deliver a full suite of engineering, planning and line maintenance func-tionality, helping ATSG optimize the maintenance management for its combined fleet.

Investors will be keeping a keen eye on how air-lines approach the dual problems of rising fuel costs and labor costs this year. Last December the International Air Transport Association (IATA) highlighted these two elements, which are air-lines’ highest expenditures, as the major chal-lenge for 2018. In 2016, labor costs accounted for 22% of airlines’ costs and fuel 21%. For 2018, pre-dictions reveal an expected 30.9% cost for labor and 20.5% for fuel. With the fluctuating nature of fuel prices, back in 2013 those figures were 33% for fuel and 18% for labor.It should also be noted that labor costs are traditionally higher in Europe and North America than in Asia, for which fuel remains the higher cost. Exacerbating the current challenge of labor costs is a shortage of workers on a global scale, and in particular many airlines are struggling with a pilot shortage as they look to expand their fleets. According to IATA Chief Econ-omist Brian Pearce, “As airlines have been mak-ing profit, the workforce has got market power, so that is pushing up the cost of labor.” IATA has

OTHER NEWS

INDuSTRy PEOPLEalso forecast a hike in unit costs, measured as an airline’s cost to operate each kilometer and seat flown, from a rise of 1.7 percent in 2017 to 4.3 percent in 2018.In the united States, investors are concerned that the three largest carriers – American, Delta and United – could well be heading for a price war just as higher costs from pay increases agreed last year start to take effect. Airlines must now look even more closely at those areas where poten-tial savings can be made. According to aviation consultant John Strickland, “The most successful airline managements are the ones that have been very cost-focused every day – not just on staff costs but on aircraft costs, airport charges, distri-bution costs and so on.”

She is 120 centimeters tall, with sparkling, round eyes and a pleasant voice: Starting February 15, “Josie Pepper” the robot will be answering questions for passengers in Munich Airport’s Terminal 2. Whether they need directions to their gate or want to stop at a certain restaurant or shop – Josie Pepper will look them in the eyes and give them a prompt answer.With the rollout of Josie Pepper, Munich Airport and Lufthansa are breaking new ground: It is the first-ever test of a humanoid robot equipped with artificial intelligence at a German airport. For the next few weeks, Josie Pepper will welcome travelers to the non-public area of Terminal 2, which is jointly operated by Munich Airport and Lufthansa. In her initial deploy-ment, Josie Pepper, who speaks English, will await passengers at the top of the ramp leading to the shuttle connecting the main terminal to the satellite building. This test phase will be used to show whether Josie Pepper is accepted by passengers.Josie Pepper’s “brain” contains a high-performance processor with a WLAN internet access. This creates a connection to a cloud service where speech is processed, interpreted and linked to the airport data. What sets the system apart: When this robot type speaks, it does not just deliver pre-defined texts. With its ability to learn, it answers each question individually. Just like a “real” brain, the system gets steadily better at combining questions with the relevant information to provide more precise replies.IBM Watson Internet of Things (IoT) cloud-based, artificial intelligence technologies are behind Josie Pepper’s capabilities. Pepper was developed by the French company SoftBank Robotics. The lady robot was given the name “Josie” by the staff of Munich Airport and Lufthansa when she arrived at the airport.

“Josie Pepper”, the new robot at Munich Airport Photo: Munich Airport

11

WEEKLY AVIATION HEADLINES

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offering technical assistance to the sales and repair teams and training new start-ers for stores and human factors.

• Vincent Mascré has been appointedChairman of the Ex-ecutive Board of Zo-diac Aerospace, andChief Executive Offic-er of the company’sSeats business. Fol-lowing this appoint-ment, Jean-Paul Alary replaces him as CEOof Safran LandingSystems, and Cédric Goubet will succeedJean-Paul Alary asCEO of Safran Na-celles.

• Dubai Aerospace Enterprise (DAE) hasreleased that its engineering division Jo-ramco has appointed Abdelmalek Murad as Chief Operating Officer. Mr. Muradhas occupied various positions in aircraftmaintenance, quality assurance, devel-opment engineering and airworthinesspositions, most notably with Royal Jorda-nian Air Force, Parker Hannifin Corpora-tion, Royal Jordanian, Etihad Airways andGulf Air.

communications, social media engage-ment, advertising, and other communica-tions disciplines.Mills will report to Phil Musser, senior vice president of Communications, and Kevin McAllister, president & CEO of Boe-ing Commercial Airplanes.

• SR Technics, aSwiss-based MROservice provider, hasappointed Thomas Kennedy as VicePresident Compo-nent Maintenanceand Managing Direc-tor for SR Technics inMalaysia, and Dirk Petereit as Vice Pres-ident Sales APAC.Thomas Kennedy,previously Vice Presi-dent Sales APAC,reports directly toOliver Grassmann, Head of ComponentServices. Dirk Petere-it has been appoint-

ed as Vice President Sales APAC, leading the regional sales team out of Singapore. He joined SR Technics as of January 1, 2018, and reports directly to Michael Sattler, Chief Commercial Officer.

• Airbus has ap-pointed Bruno Even Chief Executive Of-ficer (CEO) of AirbusHelicopters, effectiveApril 1, 2018. He willreport to Airbus CEOTom Enders and jointhe company’s Ex-ecutive Committee.

Bruno Even comes to Airbus from Safran where he was CEO of the Helicopter En-gines business since 2015. He succeeds Guillaume Faury who will assume his du-ties as President Airbus Commercial Air-craft next week.

• Specialist aviation component sup-port provider, Bii, has appointed a newTechnical Director, Michael Dancey, asthe organization continues to establisha team of highly experienced profession-als. Dancey joined the expanding line-upin February 2018. His primary responsi-bilities include technical oversight of thestores and customer requirements, KPImonitoring and technical oversight forall trace and technical records, as well as

INDuSTRy PEOPLE

Paul Alary

Dirk Petereit

Thomas Kennedy

Bruno Even

Cédric Goubet

Operating Lease Seminar 2018 March 20, 2018 - Hilton Garden Inn Hotel, Dallas

Aircraft Records & Total Asset Management Seminar 2018 April 18, 2018 - Gibson Hotel, Dublin, Ireland

Technical Aspects of a Leased Asset 2018 June 5, 2018 - Jury’s Inn Hotel, Prague

Maintenance Reserves Seminar 2018 June 6, 2018 - Jury’s Inn Hotel, Prague

THEAIRCRAFTANDENGINEMARKETPLACEPage 1 of 4

February 19, 2018

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

A319-100 ORIX Aviation CFM56-5B5/P 2385 2005 Q1/2019 Lease Oisin Riordan oisin.riordan@orix.ie +353 871774524

A320-200 Castlelake V2527-A5 2288 2003 Q4/2018 Lease Michael Hackett michael.hackett@castlelake.com +44 20 7190 6120

A320-200 Castlelake V2527-A5 2161 2003 Q4/2018 Lease Michael Hackett michael.hackett@castlelake.com +44 20 7190 6120

A340-300 GA Telesis CFM56-5C4 433 2001 Q1/2018 Sale Kevin Milligan kmilligan@gatelesis.com +1 954-676-3111

A340-300 GA Telesis CFM56-5C4 541 2003 Q1/2018 Sale Kevin Milligan kmilligan@gatelesis.com +1 954-676-3111

B737-300 Aersale CFM56-3 27707 1995 Now Sale / Lease Craig Wright craig.wright@aersale.com +1 305 764 3238

B737-300 Aersale CFM56-3 27926 1995 Now Sale / Lease Craig Wright craig.wright@aersale.com +1 305 764 3238

B737-400 Safair Operations Freighter Dec 2017 ACMI only C. Schoonderwoerd corneliss@safair.co.za +27 11 928 0000

B737-400 Aersale CFM56-3C1 24688 1990 Now Sale / Lease Craig Wright Craig.Wright@aersale.com +1 305 764 3238

B737-400 Aersale CFM56-3C1 25417 1991 Now Sale / Lease Craig Wright Craig.Wright@aersale.com +1 305 764 3238

B737-400 Aersale CFM56-3C1 24688 1990 Now Sale / Lease Craig Wright Craig.Wright@aersale.com +1 305 764 3238

B737-5H6 Bristol Associates CFM56-3C1 26445 1992 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

B737-800 ORIX Aviation CFM56-7B26/3 37258 2011 Q2/2019 Lease Oisin Riordan oisin.riordan@orix.ie +353 871774524

B737-800 ORIX Aviation CFM56-7B24E 40287 2012 Q1/2019 Lease Oisin Riordan oisin.riordan@orix.ie +353 871774524

B737-800 Aersale CFM56-7B26 32917 2002 Q1/2018 Sale / Lease Sally Browne Sally.Browne@aersale.com +353 86 021 4841

B737-800 Aersale CFM56-7B26 32624 2001 Q1/2018 Sale / Lease Sally Browne Sally.Browne@aersale.com +353 86 021 4841

B737-800 Aersale CFM56-7B26 30881 2002 Now Sale / Lease Craig Wright Craig.Wright@aersale.com +1 305 764 3238

B737-800 World Star Aviation Services CFM56-7B26 32604 2002 Now Lease Paulo Bettencourt pbettencourt@worldstaraviation.com +1 415-956-9454

B747-400 Bristol Associates 28812 1999 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

B747-400 Bristol Associates 30023 2000 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000

B747-400 GA Telesis RB211-524 26637 1992 Now Sale Eddo Weijer eweijer@gatelesis.com +1 954 676 3111

B747-400 GA Telesis PW4000 29950 2000 Now Sale Stuart Weinroth sweinroth@gatelesis.com +1 954 676 3111

B747-400BCF Jet Midwest PW4056-3 27044 1990 Now Sale / Lease Kevin Lee aircraft@jetmidwest.com +1-310-652-0296

B777-200ER GA Telesis 28999 Now Sale Stuart Weinroth sweinroth@gatelesis.com +1 954 676 3111

B777-200ER GA Telesis 28523 Now Sale Stuart Weinroth sweinroth@gatelesis.com +1 954 676 3111

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

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

ATR72-212 C&L Aviation Group PW127 434 1994 Now Sale Donald Kamenz donald.k@cla.aero +1 207-951-6259

ATR72-212 C&L Aviation Group PW127 425 1994 Now Sale Donald Kamenz donald.k@cla.aero +1 207-951-6259

ATR72-212 C&L Aviation Group PW127 420 1994 Now Sale Donald Kamenz donald.k@cla.aero +1 207-951-6259

ATR72-202 Cargo

C&L Aviation Group PW124B 455 1995 Now Sale Donald Kamenz donald.k@cla.aero +1 207-951-6259

CRJ-200LR Regional One CF34-3B1 7484 2001 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

CRJ-700 Regional One CF34-8C5B1 10246 2006 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

CRJ-700 Regional One CF34-8C5B1 10029 2001 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

CRJ-900LR Regional One CF34-8C5 15057 2005 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

DASH8-311 Regional One PW123B 323 1992 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

DASH8-311 Regional One PW123B 325 1992 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

Dornier 328-300

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

Dornier 328-300

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

ERJ-170LR AerFin CF34-8E1700123

Now Sale / Lease Mark Dunnachie mark.dunnachie@aerfin.com +44 2920 109 898

ERJ-145 Regional One AE3007A1P 145291 2000 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

SF340B Jet Midwest CT7-9B 320 1992 Now Sale / Lease Kevin Lee aircraft@jetmidwest.com +1-310-652-0296

SF340B C&L Aviation Group CT7-9B 194 1990 Now Sale / Lease Fred Dibble fred.d@cla.aero +1 207-217-6128

SF340B+ C&L Aviation Group CT7-9B 425 1997 Now Sale Donald Kamenz donald.k@cla.aero +1 207-217-6259

SF340B+ C&L Aviation Group CT7-5A 368 1995 Now Sale Donald Kamenz donald.k@cla.aero +1 207-217-6259

SF340A Cargo C&L Aviation Group CT7-5A 046 1986 Now Sale Fred Dibble fred.d@cla.aero +1 207-217-6128

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THEAIRCRAFTANDENGINEMARKETPLACEPage 2 of 4

February 19, 2018

Contact Email Phone

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

Contact Email Phone

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

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

(2) AE3007 Now - Sale GA Telesis Eddo Weijer eweijer@gatelesis.com +1 954 676 3111

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

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

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

(1) CF34-3B1 Now - Sale

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

(1) CF34-8E Now - Sale / Lease AerFin Oliver James Oliver.James@aerfin.com +44 (0) 2920109898

(1) CF34-10E6 Now - Lease Engine Lease Finance Declan Madigan declan.madigan@elfc.com +353 61 291717

(1) CF34-10E7 Now - Lease

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

(1) CF34-10E7 Now - Lease Ann Lee alee@willislease.com +1 (415) 408 4769

Contact Email Phone

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

(1) CF6-80C2A5 Now - Sale / Lease Alan Kehoe Alan.Kehoe@aersale.com +353 879 393 534

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

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

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

(5) CF6-80C2B1F Now - Sale aircrafttrading@gatelesis.com

Contact Email Phone

(1) CFM56-3C1 Now - Sale / Lease Calum MacLeod calum@royalaero.com +49 8025 993610

(1) CFM56-5A3 Nov 17 - Sale / Lease

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

(2) CFM56-7B26 Now - Sale

(1) CFM56-7B26/E Now - Lease Engine Lease Finance Declan Madigan declan.madigan@elfc.com +353 61 291717

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

(1) CFM56-7B22/3 Now - Lease

(2) CFM56-5C4/P Now - Sale / Lease Castlelake Stuart MacGregor stuart.macgregor@castlelake.com +44 207 190 6138

(2) CFM56-3C1 Now - Sale / Lease AerSale. Inc. Alan Kehoe Alan.Kehoe@aersale.com +353 879 393 534

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

(1) CFM56-7B20 TRUEngineTM Now - Sale / Exchange CFM Materials Jimmy Hill Jimmy.Hill@cfmmaterials.com +1 214-988-6670

(1) CFM56-7B24 TRUEngineTM Now - Sale / Exchange

(1) CFM56-7B27 TRUEngineTM Now - Sale / Exchange

(1) CFM56-5B4/P TRUEngineTM Now - Sale / Exchange

Royal Aero

Company

GECAS Engine LeasingNow - Sale

Company

Multiple Engines GE / CFM / RB211

Magellan Aviation Group

Sale / Lease

CF34-8E(s)

(2) CFM56-5A

Sale / LeaseCF6 Engines

Company

Willis Lease

GECAS Engine Leasing

CF34 Engines

Now - Sale / Lease

Company

Company

AE3007 Engines Sale / Lease

GECAS Engine Leasing

Now - Sale / Lease

Sale / Lease

Magellan Aviation Group

Multiple Types Sale / Lease

Commerical Engines

CFM56 Engines

X �

Engine Lease Finance GECASEngine Leasing

THEAIRCRAFTANDENGINEMARKETPLACEPage 3 of 4

February 19, 2018

(1) CFM56-5C4/P Now - Sale AerFin Oliver James Oliver.James@aerfin.com +44 (0) 2920109898

(4) CFM56-5C4 Now - Sale

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

(1) CFM56-7B 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.

(1) CFM56-5B4/3 Soon - Lease Ann Lee alee@willislease.com +1 (415) 408 4769

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

(1) CFM56-7B26 Now - Lease

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

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

Contact Email Phone

CT7-9B Sale C&L Aviation Group Martin Cooper martin.c@cla.aero +1 207-217-6106

Contact Email Phone

(1) JT9D-7R4D-E Now - Sale/Lease Jet Midwest Kevin Lee engines@jetmidwest.com +1-310-652-0296

(1) JT8D-219 Now - Sale GA Telesis Eddo Weijer eweijer@gatelesis.com +1 954 676 3111

Contact Email Phone

(2) GEnx Soon - Lease Ann Lee alee@willislease.com +1 (415) 408 4769

Contact Email Phone

(1) LEAP-1A33 Soon - Lease Ann Lee alee@willislease.com +1 (415) 408 4769

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

(2) PW121-8 Now - Sale/Lease/Exch.

(1) PW123 Now - Sale/Lease/Exch.

(1) PW127 Now - Sale/Lease/Exch.

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

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

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

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

(1) PW120A Now - Sale / Lease Regional One Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164

(1) PW120 Now - Sale/Lease/Exch. Miguel Bolivar mbolivar@RegionalOne.com +1 (786)-623-3936

(1) PW123E Now - Sale/Lease/Exch. Miguel Bolivar mbolivar@RegionalOne.com +1 (786)-623-3936

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

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

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

PW119B Now - Lease

PW120A Now - Lease

PW121 (ATR) Now - Lease

PW124B Now - Lease

PW123B Now - Lease

PW125B Now - Lease

PW127F Now - Lease

PW150A Now - Lease

PW127M Now - Lease

PW150 GRB Now - Lease

PW127 Sale C&L Aviation Group Martin Cooper martin.c@cla.aero +1 207-217-6106

(1) PW124B Now - Sale/Lease/Exch. Logix.Aero Jean-Christian Morin jcmorin@logix.aero +33.6.4782.4262

(2) PW127E/F Remi Krys rkrys@logix.aero +33.6.2079.1039

(4) PW127M

(1) PW120 / PW121 Now - Sale / Lease Calum MacLeod calum@royalaero.com +49 8025 993610

PW Small Engines

Now - Sale / Lease

Now - Sale / Lease

Company

Now - Sale / Lease

Willis Lease

(1) PW124B

Royal Aero

Sale / Lease

Now - Sale / Lease

Now - Sale / Lease

Sale / Lease

Now - Sale / Lease

Magellan Aviation Group

Willis Lease

Commerical Engines (cont.)

Company

LEAP Engines Sale / Lease

CT7 Engines Sale / Lease Company

Company

Willis Lease

GEnx Engines Sale / Lease Company

Willis Lease

JT8D and JT9D Engines

THEAIRCRAFTANDENGINEMARKETPLACEPage 4 of 4

February 19, 2018

Contact Email Phone

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

(1) PW4056-3 Now - Sale / Lease Bill Polyi bill.polyi@magellangroup.net +1 (704) 504 9204 x202

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

(1) PW4060-3 Now - Sale / Lease AerSale. Inc. 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) PW4158-3 Apr 18 - Lease Alan Kehoe Alan.Kehoe@aersale.com +353 879 393 534

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

Contact Email Phone

(1) RB211-535 Now - Sale / Lease Jet Midwest Dave Williams dave.williams@jetmidwest.com +1-817-791-4930

(1) RB211-535E4 Apr 18 - Sale / Lease AerSale. Inc. Matthew White matthew.white@aersale.com +353 1475 3005

Contact Email Phone

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

(1)Trent 892 Now - Sale/Lease/Exch. AerSale. Inc. Matthew White matthew.white@aersale.com +353 1475 3005

(2) Trent 892 Now - Sale / Lease TrueAero, LLC. Matt Parker mparker@trueaero.com +1 469-607-6110

(4) Trent 556 Now - Sale / Lease

(1) Trent 772B Now - Sale/Lease/Exch. Rolls-Royce & Partners Finance Bobby Janagan bobby.janagan@rolls-royce.com +44 20 7227 9078

Contact Email Phone

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

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

(1) V2523-A5 Now - Lease

(1) V2527 Now - Sale / Lease AerFin Oliver James Oliver.James@aerfin.com +44 (0) 2920109898

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

Description Contact Email Phone

(1) A320-200 Landing Gear Now - Sale TrueAero, LLC Matt Parker mparker@trueaero.com +1 469-607-6110

(1) A330-300 Landing Gear Now - Sale

(2) A340-600 Landing Gear Now - Sale

(1) A340-300 Landing Gear Now - Sale

(2) GTCP331-500 Now - Sale

(2) GTCP331-350C Now - Sale

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

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

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

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

GTCP331-200, GTCP331-250 Now - Lease

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

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

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

TSCP700-4E Now - Sale

Neutral CFM56-5B & CFM56-7B QEC Kits Now - Sale CFM Materials Michael Arellano michael.arellano@cfmmaterials.com +1 214-988-6676

(3) APS2300, (1) GTCP331-350C Now - Sale / Lease AirFin Nick Filce Nick.Filce@aerfin.com +44 7770 618 791

GTCP131-9A, GTCP131-9B , GTCP331-350C Now - Sale/Lease/Exch. Logix.Aero Jean-Christian Morin jcmorin@logix.aero +33.6.4782.4262

GTCP331-500B, GTCP331-200/250, Rich Lewsley rlewsley@logix.aero +44.79.0021.8657

APS3200, APS2300, GTCP85-129H

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

Now - Lease

Now - Sale / Lease GA Telesis Dave Dicken ddicken@gatelesis.com +1 954-676-3111

World Star Aviation Services Tommy Guttman tguttman@worldstaraviation.com +972-544-22000

National Aero Stands support@stands.aero + 1 305-558-8973

Now - Sale / Lease Werner Aero Services Julien Levy jlevy@Werneraero.com +1 201-674-9999

Now - Sale / Lease

Now - Sale / Lease

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

(2) PW901A, (1) PW901C(1), PW125B RGB Now - Lease Lufthansa Technik AERO Alzey Kai Ebach k.ebach@lhaero.com +49-6731-497-368

767-300 Winglets, LH-RH P/N 767-0010-5, -6, -7 & -8, SV- Now Sale

GTCP131-9A, GTCP 131-9B

ENGINE STANDS: Trent 800, PW4000 112"/V2500

/ CFM56/ PW2000 & Bootstrap kits

GTCP36-300A, 737-800 Winglets

737-700 & 737-800 Landing Gear

Commerical Engines (cont.)

Engine stands now available

Company

Company

Sale / Lease

(2) GTCP131-9B, (2) GTCP131-9A

Magellan Aviation Group

Company

V2500 Engines

Trent Engines

PW4000 Engines

RB211 Engines

Sale / Lease

Sale / Lease

Company

Sale / Lease Company

B737-400 main landing gears, with 2015 tags

APU GTCP 331-500

Aircraft and Engine Parts, Components and Misc. Equipment