Press Release

Issued by StandardAero.

October 1, 2012

Associated Air Center (AAC), StandardAero's large transport category vip completions center in Dallas, Texas, has signed a contract for the vvip interior completion of a wide body aircraft for a Middle Eastern country.

Today's announcement represents the first Boeing 747-8i series completion for AAC and marks its sixth wide-body completion project. To date, Associated Air Center has also successfully performed 81 narrow-body/single aisle aircraft completions.

"Today's announcement is a major win for the AAC team," said Chris Schechter, vice president and general manager, Associated Air Center. "It offers an excellent, long-term work scope and demonstrates that we are in the wide body business to stay, and in a big way, with two large interior completion projects in our hangars."

Jack Lawless, StandardAero's chief operating officer and president of Associated Air Center also commented on the team's victory adding that the occasion, "demonstrates AAC's credibility within the industry to effectively manage and execute the large and complex interior modification, as well as underscores AAC strong and long-standing cooperative partnership with Boeing."

The contract was signed on September 19, 2012. AAC will take delivery of the green aircraft during the fourth quarter of this year.

StandardAero's Associated Air Center provides world-class program management and ODA certification authority to keep airplane programs on schedule and provides industry-leading experience and warranty support after delivery. The company's vertically-integrated, state of the art facility employs the most advanced engineering in the industry along with operational excellence and superior customer service from start to finish.