Chris Bodine Named Vice President and General Manager of StandardAero’s Augusta, Georgia (AGS) facility

Tempe, Ariz. – January 13, 2010 – StandardAero announced today that Chris Bodine has been appointed Vice President & General Manager of its Augusta, Ga. (AGS) facility. Bodine has been serving as the facility’s Acting VP & General Manager since April of 2009.

StandardAero Augusta provides full engine-support services, including complete overhauls of Honeywell TFE731 turbofan engines, TPE331 turboprop engines and GTCP136/150 series Auxiliary Power Units (APUs). In addition, the AGS facility provides scheduled airframe inspection and repair services as well as avionics services. AGS is an authorized service center for Bombardier Challenger, Dassault Falcon Jet, Honeywell, and Embraer, Legacy. StandardAero AGS also performs major maintenance and inspections on all Learjet Series and the Astra/Westwind series of aircraft.

“Over the past nine months, Chris’ excellence in managing the operational performance of our Augusta facility resulted in substantial earnings increases amidst very challenging market conditions,” said Scott Taylor, Senior Vice President, Business Aviation. “The leadership he has consistently displayed and his managerial oversite in making Augusta a top performing business unit has earned him the position of Vice President & General Manager. We’re fortunate to have such a qualified individual leading this facility.”

Prior to serving as the interim General Manager in Augusta, Bodine served as Crew Chief and A&P Mechanic for StandardAero. Throughout his career, Bodine has completed a host of management development programs, including the U.S. Army’s Leadership Course. Bodine is an Airframe and Powerplant Mechanic as well as a private pilot.

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:

Dubai Aerospace Enterprise is building a globally recognized aerospace corporation with operations from aircraft leasing, maintenance, repair and overhaul (MRO), and Aviation IT solutions. It is creating an innovative business that builds on Dubai’s dynamism and continuous growth in Aviation.

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.