Mike Turner Named New StandardAero Avionics Sales Manager

Winnipeg, Canada – Aug. 4, 2008 – StandardAero has appointed Mike R. Turner as an Avionics Sales Manager supporting the domestic and international sales teams based in Tucson, Ariz. In his position, Mike will be responsible for overseeing the continued growth of avionics opportunities for StandardAero and its customers, both in sales and customer relations.

Turner comes to StandardAero from Bombardier where he served 28 years. He has held a multitude of roles starting as an Avionics Technician with increasing responsibility to his most recent position as Regional Avionics Sales Manager. Prior to that, Mike served in the U.S. Air Force as a Navigation System Specialist obtaining the rank of E-4 (Sergeant).

Mike brings a wealth of product line knowledge on the Global Express and Challenger product line. His primary focus will be avionics sales and support for our business aviation operations.

“Mike adds fantastic avionics sales and support experience to our business aviation operations,” said StandardAero Vice President Business Aviation Sales, Peter Muenzen.

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.