Air Lease places order for 10 new ATR 72-600s

July 21, 2010

US-based aircraft lessor Air Lease Corporation has ordered 10 new ATR 72-600 regional turboprop aircraft, and placed options for a further 10. The aircraft are planned for delivery starting in the fourth quarter of 2011.

Steven F. Udvar-Hazy, Chairman and Chief Executive Officer of Air Lease Corporation, says: “We are delighted to order these ATR 72-600s, which will complement our portfolio of narrow and wide-body aircraft. Air Lease has identified a number of opportunities for these aircraft among our existing and future customers. The ATR 72s will enable us to strengthen our regional offering with an aircraft that is a proven success, featuring unrivalled operating costs and good performance on short routes. The ATR has distinguished itself with a wide base of operators and strong residual values which make it a good investment for a lessor”.

Filippo Bagnato, Chief Executive Officer of ATR, says: “We are extremely pleased that a major leasing company with the strength, breadth and reputation of Air Lease is entering the regional market and has selected ATRs for this segment. The ATR turboprop offers a secure position in the segment when compared to regional jets, benefiting airlines and providing investment opportunities for the finance and leasing sectors. Our new partnership with Air Lease will enable us to further show and promote the advantages of the ATRs to many different operators in the world. We are convinced this partnership will bring many success stories to Air Lease and its customers”.

Embraer and Flybe Sign an Order for up to US$ 5.0 Billion

July 21, 2010

British airline could add up to 140 EMBRAER 175s to its fleet of 14 EMBRAER 195 jets
São José dos Campos, July 20, 2010 –
Embraer and Flybe, one of Europe’s leading
low-cost and regional airlines, signed a
contract for the sale of 35 EMBRAER 175
jets, today, at the 47th Farnborough
International Airshow, in England. The deal
includes 65 options and 40 purchase rights,
giving the order a potential for 140
EMBRAER 175s. The total value of the
contract, at list price, is US$ 1.3 billion, based
on January 2010 economic conditions, and
could reach US$ 5.0 billion, if all options and
purchase rights are exercised.
“Flybe’s decision to select the EMBRAER 175
to complement its existing fleet of 14
EMBRAER 195s is great news, indeed, and we
are very thankful for this further sign of
confidence in our E-Jets family,” states
Frederico Fleury Curado, Embraer President
& CEO. “I am sure that this new fleet strategy
will give Flybe an even greater profile in the
leadership role they play, today.”
The British airline’s EMBRAER 175 jets will be configured in a single-class layout, seating up
to 88 passengers with comfortable, 30-inch pitch (76 cm) Elite seats. The first aircraft is
scheduled for delivery in the second half of 2011.
“We have enjoyed an excellent relationship with Embraer, since we became the world’s launch
customer for the EMBRAER 195, a superb addition to our fleet with outstanding reliability and
performance,” says Jim French, Flybe Chairman and Chief Executive Officer (CEO). “The
EMBRAER 175 will give us significant added capacity and is particularly suited to the sector
lengths prevalent in Europe that we are most interested in exploiting. In short, it perfectly fits
Flybe’s business model. We are delighted to extend the long-running partnership with Embraer.
With this order, we are securing an aircraft that fits the stated aim of furthering our position as
the leading regional airline in Europe.”

Derco Signs Agreement with Testek to Provide Component Overhaul Test Solutions Worldwide

July 21, 2010

FARNBOROUGH AIR SHOW, London, England, (Hall 4, Stand D10) –- Derco Aerospace, Inc., a Sikorsky Aerospace Services company, announced today the signing of an agreement with Testek, Inc. to jointly pursue specialized aircraft test equipment opportunities worldwide. The agreement combines the capabilities and expertise of both companies to support customers’ requirements for complete in-house repair and testing capabilities. Sikorsky Aerospace Services is the worldwide aftermarket business of Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. (NYSE: UTX).

Working collaboratively, Derco will offer expanded infrastructure development solutions that include fixtures and tooling, training, engineering, program management, and OEM piece parts for component overhauls supported by Testek’s test equipment.

“Derco is pleased to join forces with Testek to provide customers complete infrastructure development solutions,” said Jeff Medearis, Derco’s Director of Technical Solutions. “This agreement combines Derco’s fixed and rotary wing engineering, logistics and program management expertise with Testek’s world-class test stand solutions. Together we will provide our worldwide customers comprehensive solutions for in-house component testing across multiple aircraft platforms.”

ROLLS-ROYCE WINS $100M SHARE OF YEMENIA ORDER

July 21, 2010

Rolls-Royce, the global power systems company, has won a $100m share of an order from Yemen Airways (Yemenia), the national airline of The Republic of Yemen, for V2500 engines to power 10 Airbus A320 aircraft.

The order includes a long-term services agreement and aircraft deliveries are scheduled to start in 2011. It represents the first selection by the airline of the V2500 and also the A320.

The V2500 is produced by the International Aero Engines consortium (IAE) in which  Rolls-Royce is a senior shareholder. IAE’s other partners are Pratt & Whitney, the Japanese Aero Engines Corporation and MTU Aero Engines.

The 22,000 – 33,000lb thrust V2500 powers the Airbus A319, A320 and A321 family of aircraft as well as the A319 Corporate Jet. More than 5,500 V2500 engines are in service or on firm order worldwide.

AVWest Orders Four Bombardier Global Express XRS Business Jets

July 21, 2010

MONTREAL, QUEBEC–(Marketwire – July 15, 2010) – Bombardier Aerospace today announced that AVWest of Australia has placed a firm order for four ultra long-range Global Express XRS jets, including two with the new Global Vision flight deck. The total value of the order is approximately $213 million US, based on the 2010 list price for typically equipped aircraft.

“This order is fantastic news,” said Bob Horner, Senior Vice-President, Sales, Bombardier Business Aircraft. “This sale reinforces the importance of business jets as a tool to efficiently conduct business in the four corners of the world.”

AVWest is a privately owned aviation services company based at the Perth Airport in Western Australia. The company offers aircraft charter service and also owns and operates the Perth Jet Centre, providing 24-hour ground handling for all types of business aircraft as well as full FBO and VIP services. Their current fleet of modern aircraft and helicopters includes a large cabin Challenger 604 aircraft and a Global Express XRS jet.

“Our clientele is increasingly traveling to overseas destinations, including Europe, Asia and the Middle East, and now is the right time to add ultra-long-range jets to our fleet,” said Tim Roberts, Principal, AVWest. “The Global Express XRS aircraft is an amazing jet from all angles. The voluminous cabin offers passengers the comfort they require for long trips and access to the communication tools they need to keep business going or remain entertained during flight. From a pilot’s perspective, the Global Vision flight deck will add a whole new dimension of situational awareness, reduced work load and comfort.”

Dassault’s Falcon 900LX Awarded EASA and FAA Certification

July 21, 2010

(Teterboro, New Jersey, July 16, 2010) – Dassault Falcon has received certification from both the
EASA and FAA for the newest member of the Falcon family of business jets, the 4,750 nm Falcon
900LX.
The large cabin Falcon 900LX is based on the Falcon 900EX, with enhanced performance and
economy. The Falcon 900LX burns 35 to 40 percent less fuel than other aircraft in its class
thanks to advanced light weight structures, an extremely efficient wing as well as Aviation
Partners Inc.’s blended winglets. At its Maximum Takeoff Weight (MTOW), the Falcon 900LX
climbs to FL390 (39,000 feet) in just 20 minutes.
“The Falcon 900 LX delivers the next evolution of enhancements to the successful Falcon
900EX,” said John Rosanvallon, President and CEO of Dassault Falcon. “The improvements to
its range, performance and efficiency set the standard in its class and make it a highly desirable
business tool.”

Airbus delivers tenth A380 in 2010

July 21, 2010

On track for achieving full year target of at least 20 A380 deliveries

Airbus has delivered Singapore Airlines’ 11th A380 and Lufthansa’s second A380 on Friday 16th July, taking the A380 in-service fleet to 33 aircraft. These deliveries bring the year’s A380 deliveries by mid-July to 10 putting Airbus well on track to meet its full year’s target of at least 20.

The other A380 operators are Emirates Airline which has a fleet of 11, Air France with a fleet of three and Qantas with a fleet of six. Together the five A380 operators serve 18 major cities worldwide every day. The 31 A380s in service to date have clocked up 156,000 revenue flight hours in some 17,000 commercial flights and transported over six million passengers to 20 major international destinations worldwide in unequalled comfort.

Airbus Military A400M development aircraft named Grizzly

July 21, 2010

Airbus Military is formally adopting the name Grizzly for its five-strong development fleet of
A400M airlifters.
The new name is not the product of an expensive marketing study, nor something devised by
a team of branding experts, nor the result of months of debate among the sales team.
Instead it is the affectionate nickname given to the aircraft by the close-knit group of flight
test pilots and engineers who first saw it safely into the air.
When the first aircraft was handed over to the flight-test team in Seville, Spain in November
2009, it was formally known as MSN1 in the time-honoured aviation tradition of referring to
the manufacturer´s serial number. But, working at the remotely located flight-test centre at
the western end of the lengthy Airbus Military flightline at Seville, the team quickly began
hunting for a handier nickname.
The Flight Test Team seized on the resemblance between the mighty airlifter´s hunched
appearance and the muscular shoulders of the grizzly bear, and soon afterwards the aircraft
was already being referred to inside flight-test as “the Grizzly”. By the time of the first flight on
11th December, the name had stuck sufficiently firmly that it was adopted as the aircraft´s
radio callsign – Grizzly One.
Furthermore, a little-known fact is that the first flight also carried a party of non-human
passengers – teddy bears to raise funds for the EADS-sponsored charity Aviation Without
Borders – a nice reminder of the Grizzly’s future role in civic and humanitarian missions.
The name rapidly spread throughout Airbus Military and beyond, and at the ILA Berlin
airshow in June 2010 an informal Grizzly One logo appeared on MSN1 when it made its first
public airshow appearance. Yesterday the company announced that it was adopting the
name Grizzly for the five development aircraft to be used during the flight-test programme.
In a ceremony at Farnborough, MSN1´s sister-ship MSN2 was formally named Grizzly by
two-times World Aerobatic Champion Catherine Maunoury of France.
Airbus Military Managing Director Domingo Ureña said: “Our Grizzly and the grizzly bear
share a rare combination of speed, strength, and agility, so it is no surprise that they also
bear a resemblance to each other. We are proud to associate the A400M with one of
nature´s great creatures.”

ATR book orders for 42 aircraft in first half 2010, 72 including options

July 21, 2010

On the occasion of a press conference held today at the Farnborough Air Show, Filippo Bagnato, ATR Chief Executive Officer, announced orders for 42 new aircraft (72 including options) in the first semester of the year.

2010 FIRST SEMESTER ORDERS:

Lao Airlines (Laos): 2 ATR 72-500s

Golden Air (Sweden): 2 ATR 72-500s

Syrian Airlines: 2 ATR 72-500s

Undisclosed orders:

20 ATR 72-600s (+ 20 options)

10 ATR 72-600s (+ 10 options)

6 ATR 72-500s

Commenting on the first semester orders, Bagnato stated: “While consolidating our presence worldwide by getting the renewal of confidence from our existing customers, we are continuing to expand our client portfolio with new operators. Our wide array of operators are seeing the benefits from the superior performance and low operating costs of our aircraft and the advantages of our strong support network around the world. Today, we have already 155 operators in more than 80 countries”.

ATR has delivered 26 new aircraft in the first half of the year.

“Both positive results in terms of orders and deliveries underline the good health of ATR”, stated Bagnato.

ATR’s backlog at June 30 is 152 aircraft, which represents more than two years of production.

He underlined also recent figures of the International Air Transport Association (IATA) showing some positive signs of recovery in the aviation industry: passenger traffic grew 11.7% from May 2009 to May 2010, being today 1% above pre-recession levels.

Bagnato also highlighted the evolution of turboprops in regional market forecasts: “Ten years ago, turboprop represented only 15% of the deliveries in 20-year

forecasts for regional aircraft. Today, turboprops represent 40%. We know that the reasons of the turboprop success are here for the long term. Our aim is to continuously propose a product optimally matching the needs of the regional carriers.”

Bell to Install FAA Certified BLR FastFin Enhancement on New 412s; Data Reveals Significant Performance Gains

July 21, 2010

Everett, Wash., July 19, 2010 — Bell Helicopter today announced its intent to install
BLR’s FastFin™ Tail Rotor Enhancement and Stability System as standard equipment
on new Bell 412 helicopters.

This announcement coupled with the Federal Aviation Administration’s recent
certification of its Bell 412 FastFin System, has officials at BLR Aerospace flying high.

“We are proud to partner with Bell Helicopter in contributing to the success of such a
proven multi-mission platform,” said Dave Marone, Vice President of Sales and
Marketing for BLR Aerospace.  “We consider this a game-changing event for BLR’s
FastFin technology and are confident that it will provide immediate value for the Bell 412
operating community. We thank everyone at Bell Helicopter for their steadfast support.”

In addition to installation on new Bell 412 EPs, which will begin immediately as factory-
installed modifications, BLR is accepting orders to retro fit the system on any Bell 412
fielded aircraft for fleet operators of 9 or less aircraft.  Bell Helicopter affiliate,
Aeronautical Accessories is accepting orders for fielded fleet operators with 10 or more
aircraft.

Certified performance data show a range of improvements for Bell 412 helicopters. Most
operators using the FastFin system will realize at least a 275-pound increase in useful
load, plus significant safety, stability and wind azimuth benefits.

Depending on operating altitudes, the system can pay for itself in 1-2 years for many
operators flying 400 hours annually. Operators may realize up to a 1,250 pound
increase in useful load when flying at 5,000 feet on a hot day.

“Providing our customers with a complete mission solution is one of Bell’s top
priorities,” said Larry D. Roberts, Senior Vice President Commercial Business. “The
FastFin System delivers the kind of performance benefits that allow Bell helicopter
operators to more effectively and efficiently complete their missions. We are pleased to
partner with BLR to provide our customers with this increased benefit.”

“This decision verifies what so many operators already know,” Marone said. “FastFin is
an enhancement that improves operations in an immediate and measurable way.”

Installation of the FastFin™ Tail Rotor Enhancement and Stability System kit involves
modifying a helicopter tailboom with two parallel strips (known as Dual Tailboom
Strakes), and reshaping the vertical fin to optimize airflow around the tailboom.  These
simple changes deliver a range of important benefits to operators who fly the modified
aircraft.

“No matter the mission, today’s operators are looking for every competitive advantage,”
Marone said. “Our technology expands the envelope and helps operators achieve
maximum return on their capital investments.”

More than 200 medium FastFin systems are in operation worldwide. BLR in May
announced an FAA certified performance increase of 78 percent for FastFin installations
on UH-1 helicopters equipped with Lycoming T-53-13B engines.

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