Press Release

Issued by .

June 5, 2015

Arabasco, the Registry of Aruba and Gomez & Bikker have recently executed a MoU with regards to aircraft registration matters in Aruba. The execution of the MoU took place during EBACE 2015 in Geneva, Switzerland, at the Registry's stand. The MoU was signed in the presence of the Minister of Transport of Aruba, Mr. Otmar Oduber, in-which he stated as the Minister: "I welcome Arabasco to Aruba."

The MoU laid down the basis for further collaboration on aircraft registration and inspections for those aircraft that form part of the fleet of Arabasco. Through this arrangement Arabasco will be able to register aircraft under aircraft management with Arabasco in Aruba. Chief commercial officer for Arabasco, Abdallah Bin Radwan Al Cherry said: "We are pleased with this arrangement and look forward to passing the benefits of our relationship on to our clients."

This further MoU enhances Arabasco's relationship with Aruba and allows it to offer more value to its customers. The Department of Civil Aviation of Aruba has already approved Arabasco's Part 145 maintenance repair organization allowing required work to be performed in Saudi Arabia. Ceo of the Registry of Aruba Jorge Colindres stated: "Our relationship goes back 20 years and this allows for even greater mutual growth."

Arabasco will benefit from the vast experience of the Registry of Aruba in registration matters but also from the safety oversight services offered by the Registry with its dedicated team consisting of former national aviation administration inspectors and surveyors with extensive industry knowledge, delivering both regulatory and technical services in compliance with ICAO SARP's, EASA, FAA, Transport Canada, Brazil and other global civil aviation authorities.

As legal council and local representative in Aruba, Mr. Lincoln Gomez states, "I am pleased with this relationship and look forward to assist with sharing our structuring know-how with the Arabasco's network."