AerSale MRO Presentation

Solutions Across the Aviation Spectrum

1Reaching Higher ™

Background

AerSale, Inc.◦ Founded by Nick Finazzo and Robert Nichols in 2009◦ Sold former company AeroTurbine (now AerCap owned) $300MM◦ Primary shareholder is Leonard Green $16B investment portfolio◦ Specialists in aviation aftermarket products and services◦ Worldwide sales and logistics to support engine and parts distribution◦ Over 250 full-time aviation professionals and technicians

Financially Strong◦ Initial equity infusion of $250MM and $300MM line of credit of credit◦ Minimal execution risk on large transactions vs. competitors◦ KPMG audited financials◦ $500MM aviation products liability insurance coverage

Product Line Focus◦ Proven capability for Boeing/ Airbus product lines◦ In-depth powerplant experience across GE, P&W, IAE, CFM and RR platforms

© 2016 AerSale, Inc. 2

AerSale Overview

◦ Established network of strategically located regional offices, warehouses and distribution centers that collectively provide highly responsive engine and materials support services worldwide

◦ Customers include:◦ Passenger airlines◦ Cargo airlines◦ Government entities◦ Leasing companies◦ Multinational OEMs and independent

MROs


AerSale is a highly integrated provider of aftermarket products and services in the support of commercial aircraft, specializing in the sale and lease of mid-life aircraft and engines, while simultaneously offering MRO services, materials solutions and asset management services

AerSale Overview

Synergistic Vertical Integration◦ Aircraft and engine sales, leasing and

MRO◦ Integrated airframe/engine supply

chain support and distribution ◦ Leasing, including parts/material

support for operators◦ In-house aircraft MRO, including

checks, reconfiguration and storage◦ Aircraft disassembly, inventory

warehousing and remarketing services

Fleet Purchases◦ Specializing in mid-life and current

generation technology flight equipment◦ Transactions from $85MM-$225MM

tailored to ‘Seller’ delivery conditions

Results◦ Over $700 Million in aircraft and engine

acquisitions:◦ 120+ Aircraft: A300, A320, A330,

B737, B747, B757, B767, MD90 and DC8

◦ 400+ Engines: CFM56, CF6-80C, PW4000, RB211 and V2500


Aircraft Operations CenterRoswell, New Mexico

◦ Supported by an unparalleled team of highly skilled product-line managers, airframe/power plant engineers, mechanics and technicians.

◦ Collective industry expertise ensures AerSale’s customers receive the highest standard of quality products and services.

◦ AerSale is committed to providing its customers with personalized technical support, and 24/7 AOG services to ensure on time shipment delivery supported with proper detailed documentation.


Aircraft Operations CenterCapabilities

◦ Aircraft Heavy Maintenance (“C/D” check capability for most narrow body aircraft)

◦ Engine borescope and MPA run capability for most Boeing and Airbus products

◦ Structural and composite repairs◦ Interiors reconfiguration◦ Avionics modification/upgrades◦ Transponder & altimeter re-certification◦ Automatic pressure altitude reporting

test system◦ Limited Non-Destructive Testing (NDT)◦ Static leak checks◦ Aircraft/engine short & long term storage◦ Warehouse availability for surplus

inventory and hot spares storage◦ Contracted DER/DAR services◦ On field aircraft painting capability


Technical Management Services

◦ Detailed MRO planning, scheduling and supervision of flight equipment inspections and maintenance.

◦ Aircraft and Engine transactional workscope development:◦ Pre-purchase acceptance ◦ Lease return inspections

◦ Flight equipment preparation:◦ Including ferry permitting◦ Delivery◦ Redelivery of aircraft and engines

Dedicated technical staff of over 40 direct technical services employees to meticulously oversee all aspects of airframe and engine MRO including:


◦ Turnkey program management:◦ Onsite technical representation◦ Spares and materials sourcing◦ Warranty administration

◦ Engine trend monitoring and evaluation

◦ Technical records audit and assembly for optimal presentation

Aircraft Ops.Roswell, NM Tax Benefits

House Bill 24 features:

No inventory tax

No transaction tax from sale of aircraft, services, aircraft storage, or parts

No tax on sales of pilot or flight support training

55% tax reduction from the sale of fuel for jet and turboprop engines


Airport Highlights –Roswell Int’l. Air Center

◦ Capability to accommodate heavy, aircraft in a non-congested airspace with two active runways

◦ FAA approved 139-certificated airport◦ Class 2, CAT. 4◦ 4,000 acres at 3,669 feet elevation in arid,

desert environment◦ Full service Air Traffic Control Tower with active

radar (0600) until (2100)◦ Full Service 24 hour Airport Firefighting

Department with Index B capabilities and EMS on site

◦ Full FBO services – Avflight◦ Free overnight aircraft parking, aircraft tie down,

long and short term vehicle parking ◦ Rental car facilities◦ Southwestern Railroad spur within air center


Quality Standards

Approved aircraft maintenance and storage certifications and accreditations:

◦ FAA approved 145 Repair Station◦ EASA approved 145 Repair Station◦ ISO 9001:2008◦ AS 9100 ◦ ASA 100◦ AFRA


Additional Considerations

◦ Fixed price options for aircraft storage and disassembly tailored to OEM maintenance program

◦ Custom workscope development to customer’s specifications

◦ Broad range of on-site tooling inventories

◦ Hangar space with the ability to house up to a B767 sized aircraft

◦ Over 100 licensed and highly skilled and direct employees


◦ Dedicated “tear down pad” facility that meets all current EPA standards

◦ Existing infrastructure for processing large volumes of components

◦ GTA’s in place with major OEM’s for technical data, tooling and service support

◦ Enhanced work force access through Eastern New Mexico University with its FAA approved dedicated A&P mechanics program

◦ Providing innovative, efficient, and dependable repair solutions to meet OEM standards

◦ Supported by a large inventory of aircraft spares, loaners, and exchange units

◦ Proven team of over 65 aerospace industry professionals includes mechanics with an average of 15 years of experience.


A subsidiary of AerSale, Inc.

◦ FAA approved repair facility

◦ EASA approved repair facility

◦ CAAC

◦ AS9110B

◦ ISO 9001:2008

◦ Limited Airframe, Limited Accessory, Limited Specialized Services, NDT

Facility◦ 100,000 square foot

repair complex◦ 5 adjoining work

centers◦ Full machining support

center


Aero Mechanical IndustriesIn-House Capabilities

Structures & Mechanical Capabilities◦ Fairings and Shrouds◦ Exhaust Assemblies◦ Cargo and Entry Doors◦ Vents and Scoops◦ Mechanisms

Nacelles and Engine Structures◦ Exhaust ◦ Thrust Reversers◦ Inlet Cowlings◦ Fan Cowlings◦ Exhaust Plugs

Flight Controls and Composites◦ Spoilers◦ Stabilizing Fairings◦ Wing to Body Fairings◦ Flaps ◦ Winglets and Wing Tip Fairings

Additional Services◦ NDT Inspections◦ Machine Center◦ Certified Welding and Heat Treating◦ Brush Cadmium Plating

Tooling & Support◦ 747 Winglet Assembly Fixture◦ Bonding Fixture for use on inlet cowling

Machining Capabilities◦ Full in-house capabilities to fabricate

traditional replacement parts


How does AerSale compare?


A/C Leasing

Engine Leasing

Disassembly

Surplus

MRO

Aircraft Leasing

Engine Leasing

In House Aircraft Disassembly

Surplus Parts Trading

In House A/C Storage, Disassembly

& Redeployment

Significant Core CompetencyVery LimitedNone

Our Customers


Global Headquarters 121 Alhambra Plaza Suite 1700 Coral Gables FL 33134(P) +1 305 764 3200 (F) +1 305 529 6686

Global Materials Distribution 4155 Patriot Dr.Grapevine TX 76051(P) +1 469 645 1620(F) +1 972 355 1471

Aircraft MRO & Engine Operations 703 East Challenger St.Roswell NM 88203(P) +1 575 624 3140 (F) +1 575 347 9846

Warehouse & Distribution 511 East Challenger St.Roswell NM 88201(P) +1 575 347 2181(F) +1 575 347 0245

Regional Sales OfficeOne Lincoln Center18W140 Butterfield Road, Suite 1522Oakbrook, Illinois 60181

Aircraft Leasing & Sales OfficeBlock E Iveagh Court, 3rd Floor Harcourt Rd. Dublin 2, Ireland(P) +353 (0) 1 4753000(F) +353 (0) 1 4753333

Regional Sales Office Office 91House 1, The Maltings East Tyndall St.Cardiff CF24 5EA, UK(P) +44 (0)2920 499814

Regional Sales Office 883 North Bridge Rd. #09-03Southbank Singapore 198785(P) +65 9832 6261

Global Locations


Aero Mechanical Industries4901 Rockaway Boulevard NERio Rancho, NM 87124(P) +1 505 896 2644

Thank YouHTTP://WWW.AERSALE.COM


http://www.aersale.com/

AerSale MRO Presentation

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