Press Release

Issued by .

October 5, 2008

Moving past a year since the sale of Standard Aero, Landmark Aviation, Associated Air Center and TSS Aviation to Dubai Aerospace Enterprise (DAE), the new StandardAero has rapidly transformed itself into one of the premier, tip-to-tail maintenance repair and overhaul (MRO) facilities in the world. At this year's National Business Aviation Association Convention and Meeting in Orlando, Fla., StandardAero will be highlighting the accomplishments completed in its first year under DAE ownership, its extensive menu of MRO capabilities for business aviation, and several new product and service announcements.

"Our first year under DAE ownership has been a very busy year indeed," said StandardAero President and CEO, Rob Mionis. He added: "Our financial performance has been robust and we have made a number of investments this year in the business including a $20 million expansion at our Winnipeg, Canada facility, an engine shop redesign at Los Angeles, a new PW600 test cell in Maryville, Tenn. and new cabinet fabrication and upholstery shops at Associated Air Center in Dallas, Tex. to name a few. These investments and the announcements we will make at the show, highlight our continued efforts to provide an extensive array of MRO products and services with customer service second to none."