StandardAero Marks 40th Anniversary of Maintenance and Service on Model 250 Engine

WINNIPEG, Canada, October 22, 2007 – StandardAero, a Dubai Aerospace Enterprise (DAE) Engineering company, today announced the 40th anniversary of service on the Rolls-Royce Model 250 turboshaft engine.

“StandardAero is pleased to celebrate 40 years of serving customers as a Model 250 repair and overhaul center,” said Tom Roche, Vice President, Helicopter Program.

“We began work on the original Model 250 engine in 1967 and since that time have become the largest Model 250 service provider in the world, with maintenance facilities in North America, Singapore and Australia. The strength of the Standard Aero work team is the key to our program’s success,” Roche added.

StandardAero technicians produced the custom build standard for the Model 250, as well as developed direct operating cost reduction initiatives to benefit operators.

Helping operators manage operating costs is at the forefront of StandardAero’s maintenance philosophy. Developments for the Model 250 program over the years have included new tools and practices to build superior performing engines, which benefit operators flying in high and hot environments.

John Haffen, Chief of Maintenance at Alpine Helicopters Ltd., said, "Our longstanding relationship with StandardAero has helped us to reduce direct operating costs on our engines. To do this StandardAero developed custom build processes that ensured our engines run cooler and stay in service longer. Their responsive field service has kept us flying since 1965 and we’ve enjoyed sharing the journey together.”

The Model 250 small gas turbine engine entered service in 1959. The engine powers several aircraft, including helicopters used in civilian and military service.

StandardAero and Landmark Aviation, Dubai Aerospace Enterprise (DAE) Engineering companies with $1.3 billion in combined annual revenue, specialize in engine maintenance, repair and overhaul, and nose-to-tail services that include airframe, interior refurbishments and paint for business and general aviation, air transport, and military aircraft. Associated Air Center produces luxury and VIP interiors for transport size aircraft. The companies, part of the DAE Engineering division, form a global services network of 12 primary facilities in the U.S., Canada, Europe, Singapore and Australia, with an additional 14 regionally located service and support locations.

About DAE: DAE is a fast developing global aerospace, manufacturing and services corporation made up of six divisions – Airports, Capital, Engineering, Manufacturing, Services and University. Headquartered in Dubai, the group is growing through a series of phased developments and acquisitions to become a global player and produce an integrated aerospace cluster based Dubai World Central – the new 140 square kilometer airport and logistics city. It is forming international partnerships at the highest level of industry, with the aim of establishing one of the most innovative and successful businesses in the global aerospace industry within the next decade. DAE’s shareholders include EMAAR, ISTITHMAR, Dubai Airport Free Zone Authority (DAFZA), Dubai International Capital, DIFC Investments LLC, the Government of Dubai and AMLAK Finance.