Chris Swan Named Vice President and General Manager of StandardAero’s Component Services Operation

Tempe, Ariz. – Mar. 31, 2009 – StandardAero announced today that Chris Swan has been appointed Vice President/General Manager of its Component Services operation in Cincinnati, Ohio. In his new role, Swan will be responsible for managing the day-to-day operations of the former TSS facility.

“Chris has demonstrated considerable leadership capability in his management of our Augusta, Ga facility over the past six years,” said Rob Mionis, President and CEO of StandardAero. “I am confident that he will take our Component Services operation to the next level.”

Prior to joining StandardAero, Swan served in various field service roles with GE Aviation including Regional Director, Americas for Commercial Field Service. In these roles, he established the OEM support model for field service’s commercial customers, and also established the model for airframe OEM flight test and production support. Swan also is a certified Six Sigma Black Belt, and while at GE, worked extensively on CFM56 gate-process improvements.

Swan holds a bachelors degree in Aviation Technology from Purdue University.

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 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.

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