Aveos and Canadian North Sign Seven-year, Full-service Maintenance Agreement

MONTREAL -- Aveos announces that it has signed a seven-year, full-service maintenance agreement with Canadian North. This agreement provides continued airframe, engine, component and line maintenance, as well as inventory, engineering and records services for the carrier's B737-200 aircraft that provide passenger and cargo service to Northern communities, remote sites and destinations across Canada .

"Aveos is proud to continue its strong partnership with Canadian North," says Ron Elvidge, Vice President, Maintenance Solutions. "This new agreement consolidates and renews a number of previous agreements and offers Canadian North a customized, full-service solution with the service levels and flexibility Canadian North requires to operate in a highly challenging environment. It is a great example of the value-added offering we bring to our customers."

"Aveos is much more than a supplier - we have built a strong partnership and depend on them to be an extension of our airline," says Tracy Medve, President, Canadian North. "By embracing our operating philosophy, Aveos works side-by-side with us to reach our goals of on-time performance and maintenance reliability."

"We are able to bring our customers cost-effective solutions due to our technical airline knowledge and by leveraging strong relationships with the aviation supplier community," says Elvidge. "Our focus is on providing our customers with great quality products and services at competitive prices."

Other terms and conditions of the agreement remain confidential.

For more information visit www.aveos.com.