StandardAero Signs a Maintenance Agreement with Region Avia Airlines

TEMPE, Ariz. – September 13, 2010 – StandardAero, a Dubai Aerospace Enterprise (DAE) company, announced today that it has signed a maintenance agreement with Moscow-based, Region Avia Airlines for work on their Embraer 120 fleet of PW118 engines, and GTCP36-150AA auxiliary power units (APUs).

“Today’s announcement is a significant milestone in StandardAero’s business development strategy and provides a ‘win-win’ for all,” said Jen McNeill, vice president, Sales, Marketing and Business Development, Airlines & Fleets. “The company wins by gaining strategic entrance into the Russian airline market and the customer wins through the cost advantages and conveniences they acquire through our services bundling program.”

“We have selected StandardAero following an extensive selection process to ensure they offer the best fit for the specific service and support requirements for the Russian market,” said Dennis Pavshinskiy, General Director, Region Avia Airlines. “With their extensive experience on the PW118 engine and GTCP36-150AA APU, StandardAero is the ideal partner to support Region Avia in its plans to further develop its internal expertise and focus on route and fleet expansion.”

The agreement grants StandardAero time and maintenance support work, as well as additional support activities, including field service support and Engine Condition Trend Monitoring (ECTM), for Region Avia’s fleet of Embraer 120 aircraft.