Aviation Industry Environmental Leader: StandardAero

Orlando, Fla. – Oct. 5, 2008 – In an era of concern regarding global environmental impact, there is much talk about what companies can do to be more environmentally friendly. Few companies can cite a track record of environmental leadership with quantifiable results. Recognized by the U.S. Environmental Protection Agency as a National Environmental Performance Track Green Leadership Program Member and performing under ISO 14001:2004 Environmental Management Systems, StandardAero is just such a company.

“StandardAero has taken a strategic approach towards reducing our global environmental impact,” said StandardAero President and CEO, Rob Mionis. He added: “We have systematically employed comprehensive, state-of-the-art engineering controls for processing air emissions and hazardous materials to minimize or eliminate impact and risk. These efforts have resulted in substantial improvements reducing waste water and hazardous waste disposal, carbon dioxide generation and electrical use. You could say that our environmental focus is simply part of our DNA.”

One such example is a compressed air system at StandardAero’s maintenance repair and overhaul (MRO) facility in Winnipeg, Canada designed to reduce energy consumption with support from the local electrical utility. The novel design represents an 86 percent operating cost savings over the conventional approach with the additional investment in technology paid back in 1.7 years. This project was recognized with the Canada Energy Efficiency award from Natural Resources Canada.

Another example is StandardAero’s largest MRO facility in the U.S. where a closed-loop water recycling system recycles all industrial process waters yielding zero sanitary discharge and conserving over six million gallons of potable water each month. This same facility has undergone an operational redesign and environmental management system optimization that has led to a reduction of hazardous waste from prior operations of over one million pounds annually. Also, energy optimization at StandardAero’s Maryville, Tenn. operations support community air quality efforts by reducing carbon dioxide generation by over 803,000 pounds annually.

2009 initiatives call for systematic management and optimization of all corporate waste contracts and developing ISO 14001:2004 compliant systems at all StandardAero facilities worldwide.

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 – 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 kilometre 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.

DAE’s shareholders include EMAAR, ISTITHMAR World, Dubai Silicon Oasis (DSO), Dubai International Capital, DIFC Investments LLC, the Government of Dubai and AMLAK Finance.