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AEVEX Aerospace

Viking DHC-6

Modifications

Press Release

Issued by AEVEX Aerospace.

October 25, 2012

IKHANA launches new DHC-6 Twin Otter X2 program

IKHANA announces the launching of their IKHANA Twin Otter X2 program as a package of proprietary modifications and enhancements coupled with full maintenance and current inspections. IKHANA's Twin Otter X2 Re-Life program uses IKHANA's RWMI DHC-6 Re-Life Wing Box and Re-Life Fuselage Supplemental Type Certificates (STC) as the FAA approved engineering design basis. The IKHANA Twin Otter X2 package authorizes the "Re-Life" of time-expired DHC-6 airplanes to new "Zero Time" structural life limits of 66,000 flight hours or 132,000 flight cycles, whichever occurs first.

"The key to the IKHANA Twin Otter X2 is the combination of our STC'd RWMI DHC-6 Re-Life Fuselage with our RWMI Re-Life Wing Box to create value from an operator's unusable timed-out asset." states Mr. John Zublin, President/CEO of IKHANA. "We are essentially providing the Twin Otter with a new "birth certificate" and a new, full useful life." added Mr. Zublin "IKHANA Is currently working on three deliveries for 2013."

The "X2" designation is the packaging of the RWMI DHC-6 Re-Life Fuselage with the RWMI DHC-6 Re-Life Wing Boxes. New systems are installed along with a customer's choice of avionics, Overhaul Condition (OHC) or factory new engines, and OHC or new propellers. Aircraft are delivered with a complete airplane exterior paint stripping, epoxy prime, seam seal, and epoxy paint (Dupont Imron) and interior, based on customer specifications.