Roger Wolfe Resigns as CEO of Landmark Aviation

DUBAI, UAE, August 1, 2007 – Landmark Aviation announced today that Chief Executive Officer Roger Wolfe will resign this month following a two-year tenure in which he led the company through successful FBO acquisitions, major renovations, a corporate rebranding, and other investments in the business.

"I am pleased to have helped shape the growth, success and direction of Landmark Aviation," Wolfe said. "This is the right time for me to evaluate opportunities in the industry where I can once again play a role in the dynamic growth of a business."

Landmark Aviation’s new ownership, Dubai Aerospace Enterprise (DAE), announced the formal completion of the company’s acquisition today, along with StandardAero, another MRO services provider. DAE plans to build a global MRO organization, with StandardAero and Landmark Aviation as its core.

Rob Mionis, CEO, DAE Manufacturing & Engineering, said, "We are grateful to Roger for leading Landmark Aviation to success and in building the Landmark reputation. We intend to build on his achievements."

With more than 25 years of industry experience that includes a top leadership position in Honeywell’s Aerospace division, in early 2005 Wolfe joined Landmark’s predecessor company, Garrett/Piedmont Hawthorne/Associated, as Chief Operating Officer.

In late 2005 as the aircraft services company planned a corporate rebranding, Wolfe assumed the top job. His achievements include the successful rebranding of Landmark Aviation, whose aircraft services portfolio includes MRO facilities and the transport interior completion operation, Associated Air Center.

Wolfe also led two major FBO acquisitions – White Plains, N.Y., and Scottsdale, Ariz. – which brought to 33 the number of FBO locations served by the company. He also undertook renovations at the company’s Dulles, Va., Los Angeles and Toronto, flagship FBO sites. Renovations and expansions were also completed at other Landmark facilities. Wolfe brought Lean manufacturing to the company’s MRO operations and Associated Air Center, and put in place a companywide customer satisfaction program.

As part of the formal completion of the StandardAero and Landmark Aviation acquisition, DAE announced Paul Soubry Jr. as the leader of the combined companies. Soubry previously was President of StandardAero.

About DAE:

DAE is a fast developing global aerospace, manufacturing and services corporation made up of six divisions – DAE Airports, DAE Capital, DAE Engineering, DAE Manufacturing, DAE Services and DAE University.

Headquartered in Dubai, the group is growing through a series of phased developments and acquisitions to become a global player and to produce an integrated aerospace cluster, based at Dubai World Central – the new 140 square kilometer airport and logistics city being constructed in Jebel Ali, Dubai. 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.

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