Billion dollar club
Transcription
Billion dollar club
ISSN 1718-7966 January 25, 2016/ VOL. 524 WEEKLYAVIATIONHEADLINES Read by thousands of aviation professionals and technical decision-makers every week www.avitrader.com WORLD NEWS Lufthansa takes delivery of first A320neo The Lufthansa Group, Airbus’ largest airline customer and operator, marked a major step in aviation history by taking delivery of the first A320neo, the worlds best-selling and most fuel efficient single aisle aircraft. Equipped with all new technology Pratt & Whitney PurePower® Geared Turbofan™ engines, the A320neo sets a new, even higher standard in aircraft efficiency, reducing emissions and noise as well as burning 15% less fuel than current generation aircraft from day one and 20% less by 2020. The A320neo Family incorporates the very latest technologies including new generation engines and Sharklet wing tip devices. With almost 4,500 orders received from nearly 80 customers since its launch in 2010, the A320neo Family has captured some 60 percent share of the market. WOW air to expand U.S services High demand for WOW air‘s international service from Baltimore/ Washington International Thurgood Marshall Airport (BWI) to Iceland has driven the ultra-low-cost Icelandic air carrier to expand its service from BWI. WOW air will now offer daily flight service from BWI to Iceland (KEF). Since WOW air’s launch from BWI last May, fares from the Baltimore/Washington area to Iceland have declined on average by 36%. “Our bookings to and from BWI have far exceeded what we anticipated,” said Skúli Mogensen, WOW air’s founder and CEO. “Ticket sales have been extremely successful. We’re thrilled to offer our customers ultra-low-cost daily flights to Iceland and on to Europe.” Daily flights will begin from BWI to KEF in early June with connections to WOW air’s European destinations. Additional destinations include Amsterdam, London, and Berlin. ATR delivered 88 aircraft last year. Photo: ATR Billion dollar club ATR sets new record turnover European aircraft manufacturer aircraft sales in this category (77% muter (regional subsidiary of Japan ATR gathered industry journalists in if only turboprop planes are taken Airlines) at the Paris Air Show, represented its first sale in Japan, a Paris to announce that it achieved into consideration). country with high potential for the a new record turnover in 2015, increasing to 2 billion dollars (2014: ATR welcomed twelve new opera- latest generation ATRs. In addition, 1.8 billion). During the year, the air- tors for the new ‘-600’ series last ATR opened two new sales offices, craft manufacturer also set a new year, allowing it to pass the thresh- in Tokyo and Beijing. record in terms of begins 2016 with aircraft deliveries, “We have consolidated our commercial ATR a backlog of 260 airwith a total of 88 success, which is based on the versati- craft, valued at some aircraft (2014: 83), billion dollars, an increase of 72% lity, reliability and comfort of the latest 6.6 which guarantees over the 51 deliveralmost three years generation ATRs.” ies made in 2010. of production. Since Patrick de Castelbajac, Chief Executive Officer of ATR the beginning of the Firm orders for 76 programme, ATR has aircraft, along with 81 options (totalling 157 aircraft), old of 200 operators (all models received firm orders for 1,538 aircraft were received in 2015 from clients included), from nearly one hundred and has delivered 1,278. Patrick de on the five continents. Since 2010, countries. In 2015, ATR received its Castelbajac, Chief Executive Officer of ATRs have been the bestselling air- 1500th firm order since the begin- ATR, declared to be “satisfied with the craft with 90 seats or less world- ning of the programme. The con- results and the performance of ATR in wide. They represent 37% of all tract, signed with Japan Air ComContinued on page 3 Aeroset © Copyright 2016 - All Rights Reserved www.aeroset.co.uk 3 WEEKLY AVIATION HEADLINES ...continued from page 1 2015. Despite of a difficult economic climate in regions historically important for us, we have consolidated our commercial success, which is based on the versatility, reliability and comfort of the latest generation ATRs.” In 2015, ATR obtained certifications for two new cabin models of the ATR 72-600: the “High Density” cabin, which brings the maximum capacity to 78 seats, and the “Cargo Flex” cabin, which combines 44 passenger seats with a doubled cargo capacity of nearly 20 m3. These new developments are part of ATR’s strategy of continuing to improve its range of products to retain its leading position in the choices of regional airlines. ATR’s environmental commitment took a step forward in 2015 with the participation in the first flight test campaign of the European Clean Sky programme. An ATR 72 was used to test new composite panels allowing to reduce the weight and the fuel consumption of the aircraft. In 2016, a second series of test flights will take place to test new systems for reducing energy dispersion. Following through with one of its lines of development, ATR continued to expand the presence of its customer support network in 2015 with the es- AIRCRAFT & ENGINE NEWS Patrick de Castelbajac - satisfied with the results tablishment of a spare parts centre and a new partnership for maintenance activities in Brazil. In the near future, ATR will further develop its worldwide presence with the opening of a new pilot training centre in Miami. K5 Aviation orders Airbus ACJ319neo CIT Aerospace delivers one Airbus A320 to IndiGo CIT Aerospace, a global leader in aircraft finance, has delivered an Airbus A320-200 to IndiGo, a leading Indian airline headquartered in Gurgaon, India. The aircraft, MSN 2275, is powered by IAE V2527-A5 engines. This aircraft delivery continues to build CIT’s relationship with IndiGo. FPG Amentum sells five easyJet A319s FPG Amentum, the Dublin-based aircraft leasing company, has announced the sale of five Airbus A319-100s (MSNs 2037, 2043, 2050, 2053 and 2062). The aircraft were sold to entities managed by Apollo Aviation Management on behalf of FPG Amentum’s investor customer, Global Aircraft Fund I. The aircraft are on lease to easyJet. Condor and Thomas Cook Airlines UK expand long-haul fleets Four new long-haul planes will expand Condor’s and Thomas Cook Airlines UK’s fleet from May 2016. K5 Aviation orders an Airbus ACJ319 Photo: Airbus K5 Aviation GmbH of Germany has firmed up a previously announced commitment for an Airbus ACJ319neo, adding to the growing number of orders for the newest private jet family, which includes the ACJ320neo launched in 2015. The ACJ319neo will be operated by K5 Aviation, which will be the first to fly the new type. K5 Aviation already manages three ACJ319s that are offered for VVIP charter exclusively through Vertis Aviation. 28 East, jointly owned by K5 and Vertis Aviation, managed the aircraft acquisition. Delivery of the “green” aircraft is planned for the second quarter of 2019. Engines and cabin outfitters have yet to be selected. December January August 14, 21, 25, 18, 17, 2015 2016 / Vol. 520 521 524 523 503 INTELLIGENTLY DEFINING AVIATION ™ CONFIDENCE WHEN YOU NEED IT MOST WWW.GATELESIS.COM GA Telesis is not just a provider of component, maintenance and engine overhaul services; we own and manage a significant fleet of commercial airplanes and jet engines. More important, we understand the nuances related to maintaining your assets cost effectively. Contact our asset management professionals to learn more about our strategies for maximizing the value of your assets. 5 WEEKLY AVIATION HEADLINES AIRCRAFT & ENGINE NEWS Boeing, Gulf Air announce order conversion at Bahrain Air Show Three Boeing 767-300ERs will be added to Condor’s current 13 airplanes of this type. Thomas Cook Airlines UK is also counting on a reliable model with an additional Airbus A330-200: This new arrival is the seventh A330. The first Boeing 767 will be used by Condor for long-haul flights as early as May 2016, with the two remaining aircraft following in July. Additionally, in May, Thomas Cook UK will add an Airbus A330. Doric Aircraft Fund extends lease agreement The lease agreement for a Boeing 777-300ER owned by the fund Doric Flugzeugfonds 5 has been extended earlier than contractually agreed. The lease with Emirates had an initial term of ten years and is now to run until 2021. The aircraft, with the manufacturer‘s serial number 35592, was delivered to Emirates in June 2009. By the end of December 2015, the plane had completed 4,871 flights, racking up 35,408 hours in the air. Its destinations have included Hamburg, Melbourne and Singapore. Gulf Air converts 787-8 Dreamliner order to 787-9s CIT Aerospace delivers one Boeing 737-800 to Lucky Air CIT Aerospace, a global leader in aircraft finance, has delivered a new Boeing 737-800 to Lucky Air, a domestic Chinese airline with a hub at Kunming Changshui International Airport. The aircraft, MSN 41591, is powered by CFM56-7B26 engines. This aircraft delivery continues to build CIT’s relationship with Lucky Air. Photo: Boeing Gulf Air decided to convert its 16 Boeing 787-8 Dreamliners on order to 787-9s as part of its long-term twin-aisle fleet strategy and expansion. The value of the airplanes is US$4.2bn at current list prices. “I am delighted that we have arrived at mutually agreeable solutions with Boeing and can now successfully restructure our order to this larger and longer-range model of the 787s,” said Maher Salman Al Musallam, Acting CEO, Gulf Air. Bombardier’s all-new C Series aircraft program starts ramp-up to full production Gulf Air to upgrade its fleet with 29 fuel-efficient single-aisle aircraft from Airbus As part of its fleet renewal strategy, Gulf Air has announced a firm order of 29 A320neo Family aircraft. The new order includes 17 A321neos and 12 A320neos of which 10 A320neos were confirmed in 2012. The contract was signed on January 21st, at the Bahrain International Airshow. Gulf Air currently operates 28 Airbus aircraft and the new aircraft will fit seamlessly into the airline’s current fleet. Bombardier starts ramp-up to full production of all new C Series ATR achieves US$2bn turnover in 2015 ATR achieved a new record turnover in 2015, increasing to US$2bn (2014: US$1.8bn). During the year the aircraft manufacturer also set a new record in terms of aircraft deliveries, with a total of 88 (2014: 83), an increase of 72% over the 51 deliveries made in 2010. Firm orders for 76 aircraft, along with 81 options (totaling 157 aircraft), were received in 2015 from clients on the five continents. ATR welcomed twelve new operators for the new ‘-600’ series last year, allowing it to pass the threshold of 200 operators (all models included), from nearly one Photo: Bombardier Bombardier Commercial Aircraft’s all-new C Series aircraft program has begun the ramp-up to full production. The final assembly facility is fully equipped and production is progressing according to plan with aircraft in various stages of the build sequence. Additionally, Bombardier also confirmed that the CS100 aircraft that is scheduled to be delivered to first operator SWISS International Air Lines (SWISS) and enter service in Q2 2016, is structurally complete. On January 18th SWISS’ flight crews kicked off their CS100 aircraft flight training in Mirabel, Québec where they will undergo intensive training to prepare for the route-proving flights. They will operate alongside Bombardier’s flight crew when the CS100 route-proving aircraft flies to Europe in the coming weeks. This follows the completion of the North American route-proving program that included more than 35 cities. During the program, the CS100 aircraft conducted flights using typical airline flight routes and operational procedures. January 25, 2016 / Vol. 524 6 WEEKLY AVIATION HEADLINES AIRCRAFT & ENGINE NEWS First A320neo with MTU Aero Engines technology on board is delivered hundred countries. In 2015, ATR received its 1500th firm order since the beginning of the program. The contract, signed with Japan Air Commuter (regional subsidiary of Japan Airlines) at the Paris Air Show, represented its first sale in Japan, a country with high potential for the latest generation ATRs. ATR begins 2016 with a backlog of 260 aircraft, valued at some US$6.6bn, which guarantees almost three years of production. Since the beginning of the program, ATR has received firm orders for 1,538 aircraft and has delivered 1,278. PEMCO delivers third B737-400 Combi conversion to First Air PEMCO World Air Services (PEMCO) has redelivered a 737-400 Combi aircraft, MSN 27232 registration C-FFNC, to First Air, Canada’s foremost Arctic and remote region air carrier. Previously PEMCO converted two 737 Combi’s for First Air. As the third conversion project for the Ottawa-based carrier since 2014, this versatile, PEMCO-built Combi will be providing a unique combination of cargo and passenger services. The conversion was completed at PEMCO’s headquarters at Tampa International Airport. MRO & PRODUCTION NEWS G&G Aviation becomes European representative of Global Engine Maintenance Global Engine Maintenance (GEM) has appointed G&G Aviation of Rome as its exclusive representative for the European Union, Norway and Switzerland. GEM, based in Doral Florida, specializing in the maintenance, overhaul, leasing, trading and exchanging of CFM56 and JT8D aircraft engines. With the benefit of its new facility, experience of its personnel and management of its inventory, GEM can produce engines with quick turn-around time and excellent performance. In addition, GEM has trained mechanics ready to be deployed anywhere in the world at a moment’s notice to deliver unsurpassed service for unscheduled maintenance events. As a result, GEM has managed to repair hundreds of commercial jet engines and built a reputation for superior service and reliability. Triumph Group delivers first fully joined Embraer E2 CFIII/AFT fuselage to Embraer Triumph Aerostructures-Vought Aircraft Division has delivered its first fully joined Embraer E2 CFIII/ AFT fuselage to Embraer from its Red Oak, Texas facility. The company entered into a contract with Embraer in 2013 to design and build the E2 CFIII/AFT fuselage shipsets for the life of the program. Daniel J. Crowley, Triumph’s President and Chief Executive Officer, said, “We achieved a critical milestone with Lufthansa takes delivery of first A320neo powered by GTF engines Photo: MTU Aero Engines After 12 months of flight testing, the first A320neo powered by geared turbofan (GTF) engines to enter revenue service was handed over to the customer on January 20th. European aircraft manufacturer Airbus delivered the first of the single-aisle jets incorporating the eco-efficient propulsion technology to Lufthansa. The PurePower PW1100G-JM geared turbofan engine has been developed and built jointly by Pratt & Whitney, MTU Aero Engines and Japanese Aero Engines Corporation (JAEC). Delivery of the aircraft to Germany’s flag carrier marks an historic day for MTU; for with its high-tech engine technology, the company has played a role in bringing next-generation aviation technology to the market. Germany’s leading engine manufacturer makes a substantial contribution to the GTF engine program, supplying highly engineered components and taking on responsibility for final assembly and maintenance work. A320 operators now able to upgrade to saf-Tglo SuperSeal UltraLite emergency floorpath lighting Following certification by the FAA and EASA, operators of Airbus A320 Family aircraft are now able to upgrade the emergency floor path marking to the latest version of STG Aerospace’s marketleading saf-Tglo photoluminescent system, SuperSeal UltraLite (SSUL). First launched in 1995 and with continuous evolutions ever since, saf-Tglo stores and simultaneously emits light and marks the way to the emergency exits after a short charging period. Requiring no power source, saf-Tglo is a low cost, maintenance free solution for emergency floor path lighting and feaSuperSeal UltraLite emergency floorpath lighting tures a unique fully-sealed design Saf-Tglo Photo: STG Aerospace that eliminates fluid ingress and can reduce maintenance costs by up to 80%. Now installed on over 10,000 aircraft operating for over 300 airlines worldwide, safTglo is one of the market-leading photoluminescent floor path marking systems. January 25, 2016 / Vol. 524 7 WEEKLY AVIATION HEADLINES MRO & PRODUCTION NEWS Comlux launches new VIP service center in Middle East with Texel Air the on-time delivery of Triumph’s first shipment of the fully joined fuselage in support of Embraer’s E2 program. Our Triumph team is proud to be participating on the next generation of Embraer’s E-Jet class of passenger jets and remains focused on delivering a quality product to meet our customer’s expectations and to ensure the success of this Embraer program.” The contract is worth approximately US$1.7bn in revenue over its lifetime and the program is expected to enter service in 2018. SR Technics wins major turnkey cabin modification order SR Technics has signed a major turnkey cabin modification integration contract with Intrepid Aviation, a leading global aircraft leasing company. SR Technics will now manage and implement all the design engineering and embodiment work required for the major redesign and enhancement of seven of the lessor’s Airbus A330 cabin interiors. This innovative cabin modification turnkey contract provides Intrepid Aviation with dedicated and optimum hangar slots to meet their customers’ critical delivery requirements. SR Technics’ Engineering Centers of Excellence in Dublin and Zurich will formulate all the complex cabin modification design specifications, supply chain management sourcing and organizational planning. Working closely with the Airworthiness Authorities, SR Technics will obtain all the required Supplemental Type Certificate (STC) approvals. SR Technics’ Center of Excellence in Zurich will perform the Cabin Modification Installation, including fitting state-of-the-art In-Flight Entertainment systems and wireless capabilities and all the other embodiment work required on the seven Airbus A330 cabin interiors. Additionally, SR Technics will conduct heavy maintenance checks and aircraft painting as part of the contract. Jet Aviation Vienna receives EASA approval for Gulfstream GV-SP Series aircraft Jet Aviation Vienna has received authorization from the European Aviation Safety Agency (EASA) to provide line maintenance to a series of GV-SP aircraft which includes the Gulfstream G550. With this approval, Jet Aviation Vienna is now authorized to provide line maintenance to Gulfstream GVSP aircraft, which includes the G550. The company also provides line and base maintenance and AOG services to the Cessna Citation series and Bombardier Challenger 300 aircraft, as well as line maintenance services to Bombardier Learjet and Global 5000 aircraft. ST Engineering’s aerospace arm secures US$415m worth of new contracts in 4Q2015 ST Engineering’s aerospace arm secured new Comlux The Aviation Group signed a cooperation agreement with Texel Air Photo: Comlux Comlux The Aviation Group has signed a cooperation agreement with Texel Air in order to provide its Middle East customers with dedicated MRO line maintenance and cabin upgrades and refurbishment on their VIP aircraft. While Texel Air will provide hangar, maintenance and certification services through its 3,200 m² facility at Bahrain International airport, Comlux will take care of system upgrades and cabin modification services by hiring highly-skilled local craftsmen and engineers, managed and assisted by Comlux America experts on-site. The new Service Center will provide topof-the-range quality maintenance and refurbishment works on ACJ and BBJ narrow-body aircraft. Texel Air, who already owns a Bahraini Part 145 approval, is expected to get its EASA Part 145 by Q3 2016. Last year, Comlux America was granted the Warranty and Repair facility approval by BBJ and became the first independent ACJ Authorized Service Center. contracts worth US$415m in the fourth quarter of 2015, for projects ranging from airframe maintenance and cabin interiors reconfiguration, to engine wash and landing gear overhaul. The total contract value includes the recently announced cabin reconfiguration contract awarded by Air Canada, the landing gear maintenance contract from Scandinavian Airlines and the heavy maintenance contract for Virgin Galactic’s 747-400. Included in the 4Q2015 contracts are line and heavy airframe maintenance agreements for various customers, supporting aircraft types such as Airbus 300, A320, Boeing 747-400, 757, 767, 777 and MD-10, as well as cabin interior modifications of an international airline’s fleet of E175s. Separately, its Hondo-based facility was awarded a 737-300 aircraft part-out contract. For component support, in addition to the landing gear maintenance contract from the Scandinavian Airlines fleet of Boeing 737600/700/800 and Bombardier CRJ900 aircraft, ST Aerospace secured several ATR landing gear overhaul contracts from customers in the Asia Pacific region. The aerospace arm also won additional contracts for landing gear services with ASEAN airline operators, and expanded its engine component support for East Asian customers. Multiple contracts have also been sealed with customers in Asia Pacific, Europe and the US for EcoPower engine wash services. In particular, following a long-term Do-It-Yourself franchise agreement recently signed with Japan Airlines Engineering Company, a second unit of the EcoPower wash equipment is now de- ployed at Haneda Airport, in addition to one earlier deployed at Narita Airport, to carry out engine washes for aircraft operators in Tokyo, Japan. The aerospace sector redelivered a total of 308 aircraft for airframe maintenance and modification work in 4Q2015. This included the redelivery of two converted freighters to SF Airlines. ThyssenKrupp further expanding production and logistics capacities at Varel location ThyssenKrupp Aerospace, a company in the Materials Services business area, is further expanding production and logistics capacities at its Varel location. This year, the aviation experts of the ThyssenKrupp Group are expected to move into an additional production and logistics building for the manufacture, storage and transhipment of aircraft components at the Aeropark. Garbe Logistic AG, investor and project developer, has already started work on the approximately 4,400 m² logistics facility. “At Varel we supply a comprehensive line-up of materials and materials-processing services for Premium AEROTEC, extending from the just-in-time delivery of processed metals to the kitting of finished parts,” explained Hans-Josef Hoss, Management Board member of ThyssenKrupp Materials Services GmbH, who added, “Following the extension of the contract in June 2015 for the takeover of supply chain management over the next decade, the expansion of the production and logistics capacities is an important step in order to cope with rising January 25, 2016 / Vol. 524 8 WEEKLY AVIATION HEADLINES MRO & PRODUCTION NEWS XTI Aircraft Company earns SEC qualification customer demands and further optimize Premium AEROTEC’s processes.” The combined production and logistics building at Aeropark in Varel, in the German district of Friesland, is the extension of an already existing property. The Aeropark, situated directly in a commercial and industrial area, is in immediate proximity to the plant of aircraft manufacturer Premium AEROTEC. Philippine Airlines and Lufthansa Technik sign Total component maintenance contract Philippine Airlines and Lufthansa Technik AG have signed a five-year Total Component Maintenance (TCM) contract for the Airline’s Airbus A320 and A340 fleet. The services will be extended end of 2016 to support additional Airbus 320s operated by Philippine Airlines. Lufthansa Technik will support Philippine Airlines at its main base in Manila, the Component Service offices in Manila and Shenzhen will coordinate the customer support. Maintenance, repair and overhaul services will be carried out at Lufthansa Technik’s component Centres in Hamburg, Germany and Shenzhen, China. Active winglets certified for Cessna Citation jets Tamarack Aerospace Group has released that the European Aviation Safety Agency (EASA) has granted a Supplemental Type Certificate (STC) for its ATLAS brand Active Winglet system to be installed on the Cessna (model CE525) CitationJet and its variants; the CJ; CJ1; CJ1+. EASA certification for the Cessna M2 will follow in March, 2016. US certification by the FAA for all four variants is expected by this summer. Certification of Tamarack Aerospace’s Active Winglet technology culminates a three year effort that included more than 300 hours of test flights on its testbed aircraft N86LA, a ‘straight CJ’ C525-0012, built in 1992. During that time the jet XTI’s revolutionary TriFan 600 earns SEC qualification Photo: XTI Aircraft XTI Aircraft Company (XTI) launched a formal stock offering and is accepting investments to support development of the revolutionary new TriFan 600 aircraft. The 30-day opportunity to invest is not only open to those who have expressed interest in investing in the company, but to all investors around the globe. The announcement immediately followed the qualification of XTI’s offering statement from the U.S. Securities and Exchange Commission (SEC) under Regulation A+. XTI’s crowdfunding campaign is one of the first ever to move from testing the waters to a live offering. XTI is offering a unique opportunity for the general public to invest in an exciting aerospace company with a gamechanging product, a world-class leadership team, and significant growth potential. Since last August, more than 2,000 potential investors expressed over US$20m in interest to develop the six-seat fixedwing airplane that combines the speed, range and comfort of a business jet with the ability to take off and land like a helicopter. The TriFan 600 would become the first commercial high-speed, long-range vertical takeoff and landing (VTOL) airplane to provide true door-to-door travel. Conceptual engineering of the aircraft has been completed and has been validated by an independent team of technical experts. Plans call for completion of a flying concept demonstrator prototype in three years. has consistently flown at Max Takeoff Weight to its ceiling limit of FL410 in around 30 minutes or less. Boeing to reduce 747 production rate Boeing announced it will lower the production rate on the 747-8 program to match supply with nearterm demand in the cargo market. To account for the market and production impacts, the company will recognize a US$569m after-tax charge when it announces financial results for the fourth quarter Aviation Training & Events of 2015. “Global air passenger traffic growth and airplane demand remain strong, but the air cargo market recovery that began in late 2013 has stalled in recent months and slowed demand for the 7478 Freighter,” said Ray Conner, Boeing vice chairman and president and CEO of Boeing Commercial Airplanes. “While we remain confident in the 747-8’s unique value-proposition and an upcoming replacement cycle for late-model 747-400 Freighters, we’re taking the prudent step to further align production with current market requirements.” In Everest Events @everestevents Everest Events OPERATING LEASE TRAINING SEMINAR 14-16 March, 2016, The California Club, Los Angeles, USA How to Structure, Finance and Administer an Operating Lease www.everestevents.co.uk January 25, 2016 / Vol. 524 9 WEEKLY AVIATION HEADLINES MRO & PRODUCTION NEWS September 2016, the 747-8 program’s production will decline from one airplane per month to 0.5 per month. The company previously announced that the rate would drop from 1.3 per month to one per month in March 2016. Monarch Aircraft Engineering extends maintenance contract with La Companie Monarch Aircraft Engineering (MAEL), the engineering division of The Monarch Group, has extended its agreement with La Compagnie to include airframe heavy maintenance. Under this extended agreement, MAEL will perform a C Check on the Boeing 757-200 ER at its maintenance facility at London Luton Airport. MAEL currently supports La Compagnie’s transatlantic operation with a full suite of line maintenance services at London Luton Airport. La Compagnie operates an All Business Class Boeing 757-200 ER on this route. FINANCIAL NEWS ings in Venezuela. Delta generated US$1.4bn of adjusted operating cash flow and US$300m of free cash flow during the quarter. The company used this strong cash generation to reinvest US$1.1bn back into the business, including US$900m for aircraft acquisitions, fleet modifications and six slot pairs at London’s Heathrow airport. Southwest Airlines posts fourth quarter and annual profits Southwest Airlines reported fourth quarter net income, excluding special items, of US$591m, compared with fourth quarter 2014 net income, excluding special items, of US$404m. Southwest reported fourth quarter GAAP net income of US$536m, compared with fourth quarter 2014 GAAP net income of US$190 million. Fourth quarter operating income, excluding special items, was US$992m resulting in an operating margin of 19.9%. Fourth quarter operating income was US$1.0bn. Annual net income, excluding special items amounted to US$2.4bn, compared with 2014 net income, excluding special items, of US$1.4bn. Annual GAAP net income was US$2.2bn compared with 2014 GAAP net income of US$1.1bn. Air Astana net profit for 2015 increases by 144% Alaska Air Group reports fourth quarter net income increase of 49% Air Astana has reported a net profit for 2015 of US$47.4m, an increase of 144% over 2014. It is the Kazakhstan carrier’s 13th year of profitability. Passenger numbers for the year increased by 2% to 3.86 million, whilst capacity increased by 6%. Total revenue fell by 21% from US$933m to US$738.1m. Commenting on the results, Air Astana President & CEO Peter Foster stated: “A sharp fall in revenue was more than compensated for by significant cost savings, including, though not limited to, jet fuel savings. In spite of extremely challenging local and regional market conditions we were able to grow capacity and add new routes to Paris, Seoul and Tbilisi in 2015.” Alaska Air Group reported fourth quarter net income, excluding special items, of US$186m a 49% increase over the fourth quarter of 2014. Alaska reported full-year net income, excluding special items, of US$842m, a 47% increase over 2014. The company reported net income for the fourth quarter and full year under Generally Accepted Accounting Principles (GAAP) of US$191m and US$848m respectively. These results compare to net income of US$148m and US$605m respectively, in 2014. Delta Air Lines announces December quarter and full year 2015 profit Delta Air Lines reported financial results for the December 2015 quarter, including adjusted pre-tax income of US$1.45bn, a US$430m increase year over year. Adjusted net income was US$926m, up 51% from the December quarter of 2014. Delta’s operating revenue for the December quarter decreased 2%, or US$145m, due to US$160m in foreign currency pressures. Passenger unit revenues declined 1.6%, which includes approximately 2 points of impact from foreign currency. Delta’s debt reduction initiative continued to improve the company’s interest expense, producing US$35m in interest savings for the quarter compared to the same period in 2014. Non-operating expense includes a US$75m loss for the write-off of Delta’s remaining cash hold- UAL reports record fourth-quarter profit – reaches agreement to buy 40 Boeing 737700 aircraft UAL reported full-year net income of US$4.5bn excluding special items; including special items, UAL reported full-year net income of US$7.3bn. These results include a nonrecurring US$3.1bn non-cash benefit associated with the reversal of the company’s income tax valuation allowance. UAL reported fourthquarter net income of US$934m, excluding special items; including special items, UAL reported fourthquarter net income of US$823m. UAL also reached an agreement to acquire 40 new Boeing 737-700 aircraft on January 21st, which will enter the fleet beginning in mid-2017, replacing a portion of the capacity currently operated by regional partners. Atlas Air Worldwide to acquire Southern Air Atlas Air Worldwide has entered into a definitive agreement to acquire privately held Southern Air Holdings, a premier provider of intercontinental and domestic air cargo services, in an immediately accretive, all-cash, debt-free transaction valued at approximately US$110m. The transaction is subject to customary closing conditions and approval by the U.S. Department of Transportation, and is expected to close in the next few months. Southern Air is the parent company of Worldwide Air Logistics Group and its two operating subsidiaries, Southern Air and Florida West International Airways. OTHER NEWS SkyWorks Holdings, a premier aviation asset management, investment banking, and advisory firm, and InterVISTAS Consulting, a leading management consultancy in aviation, transportation and tourism, announced the establishment of SkyWorks/IPG, which joins together the capabilities of both firms to offer integrated solutions for airline network and fleet planning. In addition, SkyWorks/ IPG announced the launch of SAAVNet to provide the industry’s first analytical platform for integrated decision support in these planning functions. “We are pleased to join with SkyWorks to develop next generation solutions for the global aviation industry,” said Deborah Meehan, President of InterVISTAS. “Our collective experience and expertise in advanced passenger choice and market share modelling provides a platform to offer truly differentiated solutions for an evolving and increasingly complex industry.” EDM, a leading global provider of training simulators to the civil aviation and defense sectors, has successfully completed a Critical Design Review (CDR) with Cathay Pacific, clearing the way for the project to enter into the manufacturing phase. EDM announced a major contract from Cathay Pacific in September last year to provide the airline with a full range of cabin crew training equipment. The team from Cathay Pacific visited EDM in Manchester last month and conducted a detailed technical review of the project to ensure that the simulators are ready to proceed into manufacture and that agreed performance requirements will be met within the set timescales and costs. The simulators will be specifically designed and manufactured by EDM to enable the instructor team of the Hong Kong-based airline to provide the highest standard of training to their crews in the handling of emergency situations and provision of cabin services to passengers. Once finished, the training equipment will be shipped and installed at Cathay Pacific’s Training Centre in Cathay City at Hong Kong International Airport. Honeywell Aerospace’s JetWave wireless in-flight connectivity system has received U.S. Federal Aviation Administration approval for the Boeing 757. Honeywell’s JetWave is the exclusive hardware for aircraft to connect to Inmarsat’s Global Xpress, the January 25, 2016 / Vol. 524 10 WEEKLY AVIATION HEADLINES OTHER NEWS high-speed broadband satellite network spanning the globe that will provide fast, seamless and reliable connectivity over both land and water. The certification validates the reliability and capability of Honeywell’s hardware to connect to Global Xpress (GX) Aviation service to provide passengers with the same high-speed Wi-Fi experience they get at home or in the office, while traveling at 35,000 feet. JetWave and GX Aviation will enable fliers to have seamless access to onboard Wi-Fi to browse the Internet, check emails, stay connected on social media, watch videos and more, even on transcontinental flights. It also simplifies the path for U.S. government approval for the use of JetWave hardware on other aircraft. Recommended Events Aircraft Asset Management 2016 15-16 February 2016 Cliftons, Singapore Air Cargo India 2016 23–25 February 2016 Grand Hyatt, Mumbai Operating Lease Masterclass 2016 14-16 March 2016 The California Club, Los Angeles INDUSTRY PEOPLE • On January 1st, 2016, Mr. Wojciech Stradowski was appointed as Workshop Manager at LOTAMS. Mr. Stradowski has 18 years of work experience in a wide range of ISO proWojciech Stradowski duction processes, lean manufacturing and production planning. He started working at LOTAMS, in the second half of 2013, as a section leader in production special services workshop, executing together with his team the structural repairs of aircraft components. The main task to perform in Mr. Stradowski’s new job will be the implementation of manufacturing process control and maintenance processes. • Willis Lease Finance Corporation has reported that Brian R. Hole, its current Chief Investment Officer, will be promoted to President following the retirement of Donald A. Nunemaker, effective March 31st, 2016. In his time with the Company, Brian has spearheaded efforts to more-actively manage and trade from within Willis Lease’s existing portfolio of jet engines, developing important strategic relationships for the Company along the way. In addition, he has led efforts to increase asset diversification within the portfolio, resulting in the acquisition of over US$100m of mid- to late-life commercial aircraft both for lease and trading. Mr. Hole will continue the Company’s focus on these areas as President. • TrueAero has appointed Stratton Borchers as their new president. Mr. Stratton’s vast experience and industry knowledge of finance EASA & Continuing Airworthiness Seminar 2016 18th April 2016 Radisson Blu Hotel, Dublin Click here for more aviation events will guide TrueAero’s global expansion as the company extends its sales into new aviation product lines tailored to serve airline operators and MROs worldwide. • Allegiant Travel Company (ALGT) has reported the resignation of Steve Harfst, Chief Operating Officer of Allegiant Air, effective immediately. Harfst joined the Company as COO in December 2014. Prior to Allegiant, Harfst was the Chief Operating Officer at IndiGo Airlines based in New Delhi, India. • Allegiant Travel Company (ALGT)has named Jude Bricker to the position of Chief Operating Officer and expanded the role of Chief Financial Officer Scott Sheldon to oversee Inflight and Operation Control Center (OCC), in addition to his current responsibilities leading the finance, procurement and customer operations areas. This restructuring of the Company’s management organization will strengthen its operation and place a renewed emphasis on customer experience. Senior Vice President of Planning Jude Bricker will take on the role of COO and will now oversee Flight Operations, Maintenance and Safety, in addition to his current role leading the network and fleet strategy. Bricker will lead the planning and day-to-day operation of the airline, focusing on strengthening the business and utilizing the cooperation of the work groups under his management to improve processes to ensure ongoing success. AviTrader Publications Corp. Suite 305, South Tower 5811 Cooney Road Richmond, BC Canada V6X 3M1 Publisher Peter Jorssen Tel: +1 604 318 5207 Editor Heike Tamm editor@avitrader.com Tel: +34 (0) 971 612 130 Advertising Inquiries and Customer Support Jenny Falk jenny.falk@avitrader.com Tel: + 49 (0) 8761 346 007 For inquiries and comments, please email: editor@avitrader.com January 25, 2016 / Vol. 524 Page 1 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE Commercial Jet Aircraft Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email A319-100 ORIX Aviation V2522-A5 2501 2005 Q3/2017 Lease James Sammon james.sammon@orix.ie Phone A320 Magellan Aviation Group CFM56-5A1 333 1992 Dec 2015 Sale Bill Polyi bill.polyi@magellangroup.net A320-200 ORIX Aviation V2527-A5 2680 2006 Q4/2017 Lease Cian Coakley cian.coakley@orix.ie +353 877760451 A320-200 ORIX Aviation V2527-A5 4603 2011 Q2/2017 Lease Daniel Cunningham daniel.cunningham@orix.ie +353 871774524 +353 871381042 +1 (704) 504 9204 x202 A320-233 FPG Amentum V2527-A5 3543 2008 Jun 2016 Sale / Lease Jack Hynes marketing@fpg-amentum.aero +353 16398125 A320-233 FPG Amentum V2527-A5 3524 2008 May 2016 Sale / Lease Jack Hynes marketing@fpg-amentum.aero +353 16398125 A330-223 FPG Amentum PW4168A 943 2008 Mar 2016 Sale / Lease y Jack Hynes g@ pg marketing@fpg-amentum.aero +353 16398125 A330-223 FPG Amentum PW4168A 962 2008 Mar 2016 Sale / Lease Jack Hynes marketing@fpg-amentum.aero +353 16398125 A330-223 FPG Amentum PW4168A 979 2009 Oct 2016 Sale / Lease Jack Hynes marketing@fpg-amentum.aero A340-300 ORIX Aviation CFM56-5C4 273 1999 Now Sale Cian Coakley cian.coakley@orix.ie +353 16398125 +353 877760451 B737-300 European Capital Corp. CFM56-3B2 24634 1990 Now ACMI/Wet Lease Iacovos Yiakoumi commercial@europeancapitalcorp.com B737-300F ORIX Aviation CFM56-3B2 24710 1990 Q3/2015 Sale Cian Coakley cian.coakley@orix.ie +353 877760451 B737-400 World Star Aviation Services CFM56-3C1 24796 Now Sale / Lease Sean O Connor Soconnor@worldstaraviation.com +1 415-956-9456 B737-400 Aersale CFM56-3C1 26285 Dec 2015 Sale / Lease Craig Wright Craig.Wright@aersale.com +1 305 764 3238 B737-400 Safair Operations Combi East Africa Now ACMI only C. Schoonderwoerd corneliss@safair.co.za +27 11 928 0000 B747-400 GA Telesis CF6-80C2B1F 28960 1998 Now Sale g Stefanie Jung j g@g sjung@gatelesis.com +1 954-958-1321 B757-200 Castlelake RB211-535E4 23566 1986 Mar 2016 Sale Joe Giarritano joe.giarritano@castlelake.com +1 612 851 3032 B757-200 Castlelake RB211-535E4 23567 1986 Dec 2015 Sale Joe Giarritano joe.giarritano@castlelake.com +1 612 851 3032 B757-200 Castlelake RB211-535E4 23568 1986 Apr 2016 Sale Joe Giarritano joe.giarritano@castlelake.com +1 612 851 3032 B757-200 mba aircraft solutions RB211-535E4B 24580 1990 Now Sale / Lease Jacob Agnew jagnew@mbaas.aero +1 703 276 3202 B757-222 Bristol Associates PW2037 25157 1991 Q1/2016 Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 B757-222 Bristol Associates PW2037 25322 1991 Q1/2016 Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 B757-222 Bristol Associates PW2037 25396 1992 Q1/2016 Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 B757-222 Bristol Associates PW2037 25398 1992 Q1/2016 Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 B757-222 Bristol Associates PW2037 25698 1991 Q1/2016 Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 B767-200ER mba aircraft solutions JT9D-7R4E 23180 1984 Now Sale / Lease Jacob Agnew jagnew@mbaas.aero +1 703 276 3202 DC8 Aersale No engines 46094 1969 Now Sale Craig Wright Craig.Wright@aersale.com +1 305 764 3238 L100-30 Safair Operations Now ACMI only C. Schoonderwoerd corneliss@safair.co.za +27 11 928 0000 East Africa +35722873250 Regional Jet / Turboprop Aircraft Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email ATR42-300 Regional One PW120 51 1987 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164 ATR42-300 Regional One PW120 57 1987 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164 ATR72-202 Regional One PW124B 307 1992 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164 ATR72-500 Bristol Associates PW127M 950 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates com bristol@bristolassociates.com +1 202-682-4000 ATR72-500 Bristol Associates PW127M 951 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 ATR72-500 Bristol Associates PW127M 952 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 ATR72-500 Bristol Associates PW127M 980 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 ATR72-500 Bristol Associates PW127M 983 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com CRJ200 Regional One CF34-3B1 7356 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164 CRJ200 Regional One CF34-3B1 7392 2000 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164 CRJ700 Regional One CF34-8C5B1 10217 2005 Apr 2016 Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164 DASH8-102 Magellan Aviation Group PW121 113 1988 Now Sale / Lease Bill Polyi bill.polyi@magellangroup.net DASH8-311 Regional One PW121 230 1990 Now Sale / Lease Chris Furlan cfurlan@regionalone com cfurlan@regionalone.com DASH8-311 Dornier 328300 Dornier 328- Magellan Aviation Group PW123 266 1991 Now Sale / Lease Bill Polyi bill.polyi@magellangroup.net Regional One PW306B 3145 2000 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164 Regional One PW306B 3185 2001 Now Sale / Lease Chris Furlan cfurlan@regionalone.com +1(305) 759-0670 Ext.164 Magellan Aviation Group CF34-8E5 59 2003 Dec 2015 Sale / Lease Bill Polyi bill.polyi@magellangroup.net 300 E170 1990 Phone +1 202-682-4000 +1 (704) 504 9204 x202 +1(305) 759-0670 Ext Ext.164 164 +1 (704) 504 9204 x202 +1 (704) 504 9204 x202 Component solutions you can trust with the world’s most powerful independent rotable inventory www.gatelesis.com April 20, 2015 May 18, 2015 January 25, 2016 Page 2 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE Regional Jet / Turboprop Aircraft (cont.) Aircraft Type Company Available Sale / Lease Contact Email ERJ-135ER Bristol Associates Engine 145176 1999 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 ERJ-135ER Bristol Associates 145186 1999 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 ERJ-135ER Bristol Associates 145192 1999 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 ERJ-135LR Bristol Associates 145410 2001 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 AE3007-A1 MSN Year Phone ERJ-135LR Bristol Associates AE3007-A1 145413 2001 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 ERJ-135LR Bristol Associates AE3007-A1 145504 2001 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 ERJ145EP Regional One AE3007A1/1 145053 1998 Now Sale / Lease Chris Furlan cfurlan@regionalone com cfurlan@regionalone.com ERJ-145LR Bristol Associates AE3007-A1/3 145208 1999 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1(305) 759-0670 Ext Ext.164 164 +1 202-682-4000 ERJ-145LR Bristol Associates AE3007-A1/3 145239 2000 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 ERJ-145LR Bristol Associates AE3007-A1/3 145302 2000 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000 ERJ-145ER GA Telesis 145035 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321 ERJ-145ER GA Telesis 145029 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis.com +1 954-958-1321 Commerical Engines Multiple Types Sale / Lease Company Contact Email Multiple Engines GE / CFM / RB211 Now - Sale / Lease GECAS Engine Leasing Sherry Riley engine.leasing@gecas.com AE3007 Engines Sale / Lease Company Contact Email (1) AE3007A1 Now - Sale / Lease Magellan Aviation Group Bill Polyi bill.polyi@magellangroup.net CF34 Engines Sale / Lease Company Contact Email CF34-8E5 Now - Lease Lufthansa Technik AERO Alzey Kai Ebach k.ebach@lhaero.com CF34-10E Now - Lease CF34-8C Now - Lease CF34-3B1 Now - Lease CF34-3A Now - Sale / Lease (2) CF34-8C5B1 Now - Sale / Lease Regional One Chris Furlan cfurlan@regionalone.com (1) CF34-3A1 Now - Sale GA Telesis Eddo Weijer eweijer@gatelesis.com (1) CF34-8C5/B1 Now - Sale / Lease Magellan Aviation Group Bill Polyi bill.polyi@magellangroup.net Phone +1(513)782-4272 Phone +1 (704) 504 9204 x202 Phone +49-6731-497-368 +1(305) 759-0670 Ext.164 +1-954-676-3111 +1 (704) 504 9204 x202 CF34-8E(s) Now - Sale / Lease GECAS Engine Leasing Sherry Riley engine.leasing@gecas.com (1) CF34-8C5 Now - Lease Engine Lease Finance Joe Hussar joseph.hussar@elfc.com +1 617 828-3569 (1) CF34-10E6 Now - Lease Willis Lease David Desaulniers ddesaulniers@willislease.com +1 415 516 4837 CF6 Engines (1) CF6-80C2B1F Sale / Lease Company Contact Email Now - Sale / Lease AerSale. Inc. Alan Kehoe Alan.Kehoe@aersale.com (1) CF6-80C2B6F Now - Sale / Lease Matthew White matthew.white@aersale.com (1) CF6-80C2B7F Now - Sale / Lease Matthew White matthew.white@aersale.com (1) CF6-80C2B6F Now - Sale/Lease/Exch. TES Aviation Group Bechan Carpenter Bechan.carpenter@tesaviation.com (1) CF6-80C2B1F Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress com Aviation@fortress.com (1) CF6-80C2B7F Now - Sale / Lease Elizabeth Peters epeters@aeroturbine.com +1 (214) 263-1173 +1 (786) 879-0830 (1) CF6-80C2B6F Now - Sale / Lease (1) CF6-80C2B1F Now - Sale / Exchange (1) CF6-80C2B6F Now - Sale / Exchange (2) CF6-80C2B6F Now - Lease (1) CF6-80C2B6F Now - Sale / Lease (4) CF6-80C2B1F Now - Sale/Lease/Exch. (2) CF6-80C2B7F Now - Sale / Lease (2) CF6-80C2B7F CFM56 Engines CFM56-3C1 (SV) AeroTurbine +1 (513) 782-4272 Phone +353 879 393 534 +353 1475 3005 +353 1475 3005 + 44 7795 636 034 +1 305-520-2349 or Andrew McCain amccain@aeroturbine.com GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111 Now - Lease Engine Lease Finance Joe Hussar joseph.hussar@elfc.com +1 (617)828-3569 Sale / Lease Company Contact Email Now - Sale / Lease TrueAero, LLC Brent Corrie bcorrie@trueaero.com (1) CFM56-5C4/P Now - Sale / Lease (1) CFM56-3C1 Now - Sale European Capital Corporation Iacovos Yiakoumi commercial@europeancapitalcorp.com (1) CFM56-7B27 Now - Lease Engine Lease Finance Joe Hussar joseph.hussar@elfc.com (1) CFM56-5B1/P Now - Lease (1) CFM56-5B4P Now - Sale / Lease Royal Aero Frank Rustmeier frank@royalaero.com Phone +1 561-310-3242 +35722873250 (1) CFM56-3B2 +1 617 828-3569 +49 (0)8025 99360 GECAS Engine Leasing January 25, 2016 Page 3 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE Commerical Engines (cont.) CFM56 Engines Sale / Lease Company Contact Email (1) CFM56-5A1 Now - Sale / Lease GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111 (8) CFM56-5C3F Now - Sale Kevin Milligan kmilligan@gatelesis.com +1-954-958-1912 (1) CFM56-5B Now - Sale / Lease Eddo Weijer eweijer@gatelesis.com (1) CFM56-7B27/3B1F Oct 15 - Sale/Lease/Exch. AerSale. Inc. Alan Kehoe Alan.Kehoe@aersale.com (1) CFM56-5A1 Now - Sale/Lease/Exch. (1) CFM56-3C1 (2) CFM56-5A Now - Sale / Lease Now - Sale GECAS Engine Leasing Sherry Riley engine.leasing@gecas.com (1) CFM56-5C4 Now - Sale / Lease Magellan Aviation Group Bill Polyi bill.polyi@magellangroup.net (1) CFM56-5C4 Now - Sale Orix Aviation James Sammon james.sammon@orix.ie (1) CFM56-3C1 Now - Sale/Lease/Exch. TES Aviation Group Bechan Carpenter Bechan.carpenter@tesaviation.com (1) CFM56-7B22 Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress.com (1) CFM56-5B2/P Jan 2016 - Sale / Lease Castlelake Neil McCrossan neil.mccrossan@castlelake.com (1) CFM56-5C3/F Jan 2016 - Sale / Lease (1) CFM56-5B Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham ctopham@werneraero.com (1) CFM56-7B Now - Sale/Lease/Exch. (2) CFM56-7B24 (Non-TI) Now - Lease Willis Lease Ann Lee alee@willislease.com +1 (415) 408 4769 (1) CFM56-5B4/3 Now - Lease AeroTurbine Elizabeth Peters epeters@aeroturbine.com +1 (214) 263-1173 amccain@aeroturbine.com +1 (786) 879-0830 (1) CFM56 CFM56-5B4/P 5B4/P Now - Lease (2) CFM56-7B24/3 Now - Lease (3) CFM56-3C1 Now - Sale / Exchange (2) CFM56-5A1F Now - Lease or (2) CFM56-3C1 Now - Lease Andrew McCain (1) CFM56-3B1 Now - Lease (2) CFM56-3B2 Now - Sale / Exchange (1) CFM56-7B22 Now - Sale / Exchange (1) CFM56-7B Now - Lease GEnx Engines Sale / Lease Company Contact Email GEnx-1B74/75 Now - Lease Willis Lease Ann Lee alee@willislease.com @ Phone +1-954-676-3111 +353 879 393 534 +1(513)782-4272 +1 (704) 504 9204 x202 +353 871381042 + 44 7795 636 034 +1 305-520-2349 +44-207-190-6119 +1-703-402-7430 Phone +1 ((415)) 408 4769 JT8D and JT9D Engines Sale / Lease Company Contact Email (1) JT8D-200 Now - Sale GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111 Rising Sun Aviation Fred Van Acker f.vanacker@risingsunaviation.com +1 214-906-5635 Phone (1) JT8D-9A Now - Sale (1) JT8D-17 Now - Sale (1) JT9D-7R4D Now - Sale Aero Controls, Inc. Mike Olesik Mike.Olesik@aerocontrols.com +1-253-269-3012 (2) JT9D-7R4D Now - Sale / Lease Hartford Aviation Group Anique Gorman agorman@hartfordaviation.com +1 914-235-2014 PW Small Engines Sale / Lease Company Contact Email (1) PW121 (Dash 8) Now - Sale / Lease Magellan Aviation Group Bill Polyi bill.polyi@magellangroup.net (1) PW123B/D/E Now - Sale / Lease Willis Lease David Desaulniers ddesaulniers@willislease.com Regional One O (1) PW124B Now - Sale / Lease (1) PW121 (ATR) Now - Sale / Lease (1) PW127E/F/M Now - Sale / Lease (1) PW150A Now - Sale / Lease (2) PW121 (ATR) Now - Sale/Lease/Exch. (2) PW121-8 Now - Sale/Lease/Exch. (1) PW123 Now - Sale/Lease/Exch. (1) PW127 Now - Sale/Lease/Exch. (1) PW127M Now - Sale/Lease/Exch. (2) PW127F Now - Sale/Lease/Exch. Phone +1 (704) 504 9204 x202 +1 415 516 4837 (2) PW124B Now - Sale/Lease/Exch. ( ) PW120A (1) Now - S Sale / Lease Chris C Furlan cfurlan@regionalone.com f @ (1) PW120 Now - Sale/Lease/Exch. Miguel Bolivar mbolivar@RegionalOne.com (1) PW121 Now - Sale/Lease/Exch. Miguel Bolivar mbolivar@RegionalOne.com (3) PW123 Now - Sale / Lease Castlelake Neil McCrossan NEIL.MCCROSSAN@CASTLELAKE.COM PW127F Now - Sale/Lease/Exch. Logix.Aero JC Morin jcmorin@logix.aero PW127M Now - Sale/Lease/Exch. PW119B RGB Now - Lease Lufthansa Technik AERO Alzey Kai Ebach k.ebach@lhaero.com PW119B Now - Lease PW120A Now - Lease PW121 (ATR) Now - Lease PW123B Now - Lease PW124B Now - Lease PW125B Now - Lease PW127F Now - Lease PW127M Now - Lease PW150A Now - Lease +1(305) ( ) 759-0670 Ext.164 +1 (786)-623-3936 +1 (786)-623-3936 +33 647 824 262 +49-6731-497-368 PW150 GRB Now - Lease PW2000 Engines Sale / Lease Company Contact Email (2) PW2037 Now - Sale / Lease Castlelake Neil McCrossan NEIL.MCCROSSAN@CASTLELAKE.COM (2) PW2037 Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress.com (3) PW2037 Now N - Sale S l / Exchange E h AeroTurbine A T bi Elizabeth Eli b h Peters P epeters@aeroturbine.com @ bi +44 (0) 207 190 6119 Phone +44 (0) 207 190 6119 +1 305-520-2349 +1 1 (214) 263-1173 263 1173 January 25, 2016 Page 4 of 4 THE AIRCRAFT AND ENGINE MARKETPLACE Commerical Engines (cont.) PW4000 Engines Sale / Lease Company Contact Email (4) PW4056-1 Now - Sale/Lease/Exch. GA Telesis Eddo Weijer eweijer@gatelesis.com (1) PW4056-3 Now - Sale / Lease Magellan Aviation Group Bill Polyi bill.polyi@magellangroup.net (1) PW4060/62-3 Now - Sale / Lease (2) PW4056-3 Now - Sale / Exchange AeroTurbine Elizabeth Peters epeters@aeroturbine.com (1) PW4056-3 Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress.com +1 305-520-2349 (1) PW4062-3 Now - Lease Willis Lease Ann Lee alee@willislease.com +1 (415) 408 4769 Phone +1-954-676-3111 +1 (704) 504 9204 x202 +1 (214) 263-1173 (1) PW4168A Now - Lease ( ) PW4056/60/62 (3) / / Now - Sale S / Lease Hartford f Aviation Group G Anique G Gorman agorman@hartfordaviation.com @ f (1) PW4060-3 Now - Sale / Lease AerSale. Inc. Matthew White matthew.white@aersale.com +353 1475 3005 (1) PW4158-3 Now - Sale / Lease Matthew White matthew.white@aersale.com +353 1475 3005 (1) PW4062-3 Now - Sale / Lease Matthew White matthew.white@aersale.com (1) PW4056-3 Now - Sale / Lease Alan Kehoe Alan.Kehoe@aersale.com +353 879 393 534 + 44 7795 636 034 (1) PW4168 Now - Lease TES Aviation Group Bechan Carpenter Bechan.carpenter@tesaviation.com (1) PW4168A Now - Sale / Lease Engine Lease Finance Joe Hussar RB211 Engines Sale / Lease Company Contact joseph.hussar@elfc.com Email (1) RB211-535E4B Now - Sale mba aircraft solutions Jacob Agnew jagnew@mbaas.aero +1 914-235-2014 +353 1475 3005 +1 (617)828-3569 Phone +1 703 276 3202 (4) RB211-535E4 Now - Sale / Lease Castlelake Neil McCrossan NEIL.MCCROSSAN@CASTLELAKE.COM (1) RB211-535E4 Nov 15 - Sale / Lease AerSale. Inc. Matthew White matthew.white@aersale.com +44 (0) 207 190 6119 (1) RB211-524 Now - Sale / Lease (2) RB211-535E4 Now - Sale / Lease Fortress Investment Group Tom McFarland Aviation@fortress.com +1 305-520-2349 (2) RB211-535E4B Now - Sale GA Telesis Eddo Weijer eweijer@gatelesis.com +1-954-676-3111 (1) RB211-535E4 /12B Now - Sale/Lease/Exch. TES Aviation Group Bechan Carpenter Bechan.carpenter@tesaviation.com (1) RB211-535E4 Now - Sale World Star Aviation Services Sean O Connor Soconnor@worldstaraviation.com Tay Engines Sale / Lease Company Contact Email Tay650-15 Now - Sale / Lease Jetran, LLC. Leo Nadeau lnadeau@jetran.aero +353 1475 3005 + 44 7795 636 034 +1 415-956-9456 Phone +1 (512) 294-6727 Trent Engines Sale / Lease Company Contact Email (3) Trent 800 Now - Sale / Lease GA Telesis Eddo Weijer eweijer@gatelesis.com (1) Trent 800 Now - Sale / Lease AerSale. Inc. Matthew White matthew.white@aersale.com V2500 Engines Sale / Lease Company Contact Email (1) V2527-A5 Now - Lease Willis Lease Ann Lee alee@willislease.com +1 (415) 408 4769 (1) V2533-A5 Now - Lease (1) V2527-A5 Now - Sale/Lease/Exch. AeroTurbine Elizabeth Peters epeters@aeroturbine.com +1 (214) 263-1173 (2) V2533-A5 Now - Sale/Lease/Exch. or Andrew McCain amccain@aeroturbine.com +1 (786) 879-0830 1) V2533-A5 w/QEC Now - Sale/Lease/Exch. Bobby Janagan bobby.janagan@rolls-royce.com +44 20 7227 9078 (1) V2527-A5 w/QEC Now - Sale/Lease/Exch. Rolls-Royce & Partners Finance Phone +1-954-676-3111 +353 1475 3005 Phone (1) V2530-A5 V2530 A5 Now - Sale / Lease Royal Aero Frank Rustmeier (1) V2527-A5 Now - Sale / Lease Fortress Investment Group Tom McFarland ffrank@royalaero.com k@ l Aviation@fortress.com (1) V2500-A1 Now - Sale / Lease Rising Sun Aviation Fred Van Acker f.vanacker@risingsunaviation.com +1 214-906-5635 (1) V2533-A5 Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham ctopham@werneraero.com +1-703-402-7430 (1) V2527-A5 Now - Lease Engine Lease Finance Joe Hussar joseph.hussar@elfc.com +1 617 828-3569 (1) V2533-A5 Now - Sale / Lease +49 (0)8025 99360 +1 305-520-2349 Aircraft and Engine Parts, Components and Misc. Equipment Description A320 Fresh Part-out Now - Sale Company Contact Email TrueAero, LLC Raul Miro/Dave Walters sales@trueaero.com Phone +1 772-925-8026 A320 Landing g Gear with Fresh Tags g Now - Sale 737-500 Fresh Part-out Now - Sale (1) GTCP36-150RJ, (2) GTCP36-100M, Now - Sale/Lease/Exch. Regional One Miguel Bolivar mbolivar@RegionalOne.com GTCP131-9A (2), GTCP131-9B(2) Now - Lease REVIMA APU Olivier Hy olivier.hy@revima-apu.com +33(0)235563515 GTCP331-200, GTCP331-250 Now - Lease APS500C14(3), APS1000C12(2), APS2000 Now - Lease APS2300, APS3200(2), APS5000(2) Now - Lease PW901A(4), PW901C(2) Now - Sale / Lease TSCP700-4E APU GTCP 331-500B 331 500B N Now - Lease L Willis Willi Lease L Ann A Lee L alee@willislease.com l @ illi l +1 1 (415) 408 4769 APU131-9B, APU 331-500B Now - Sale/Lease/Exch. Logix.Aero JC Morin jcmorin@logix.aero +33 647 824 262 GTCP131-9A, GTCP 131-9B Now - Sale / Lease Werner Aero Services Christopher Farrell cfarrell@werneraero.com +1 201-661-6819 GTCP36-300A Now - Sale / Lease +49-6731-497-368 +1 (786)-623-3936 (1) APS500C7B, (5) APS500C7D Now - Sale 737-800 NOSE LANDING GEAR PN 162A1100-5, OH - Now Sale Reliance Aircraft Terry Hix PW901A, PW901C Now - Lease Lufthansa Technik AERO Alzey Kai Ebach thix@relianceaircraft.com k.ebach@lhaero.com (1) CF34-8C - LPT Module Now - Sale GTCP131-9B, PW901, (2) GTCP36-300, Now - Sale/Lease/Exch. Aeroturbine Rodney Lee ralee@aeroturbine.com +1 512-439-6988 +1 972-813-1176 GTCP131-9A, (2) RE220RJ, GTCP331-350C, APS3200 January 25, 2016