Associated Air Center Delivers 12th Airbus Corporate Jet

Dallas, Tex. – Aug. 15, 2008 – Recently celebrating 60 years in business, Associated Air Center (AAC) has delivered its twelfth Airbus Corporate Jet completion project since 2003.

Arriving as a green aircraft in early November, the project was completed in an eight month turnaround time. The aircraft departed AAC in late July and will join two previously completed siblings in Africa.

“Associated Air Center’s expertise in Airbus Corporate Jet completions positions the company as one of the industry’s most experienced in this airframe,” said Associated Air Center Senior Vice President Michael Moore. “The quality of work our craftspeople are performing today for our customers is second to none. We’re really proud of their dedication to bringing our customer’s vision alive.”

StandardAero, a Dubai Aerospace Enterprise (DAE) company with $1.4 billion in annual revenue, specializes 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. The company, part of the DAE Engineering division, forms 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 at 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.