| Las Vegas, Nev. – October 22, 2013 – StandardAero Business Aviation announced that it has finalized a new OEM authorization with Embraer. The agreement is for support of the next generation Legacy 450/500 aircraft in StandardAero’s Augusta, Ga. (AGS), Houston, Texas (IAH) Los Angeles (LAX) facilities and is an expansion of its existing agreement with Embraer as an Authorized Service Center on the Legacy L600/L650. Today’s announcement fulfills the initial Letter of Intent (LOI) signed last October. “This new authorization serves the long-term strategic needs of StandardAero Business Aviation in that it provides us with ‘next generation’ airframe MRO support capability on one of the bizjet market’s leading airframe OEMs,” said Marc McGowan, Senior Vice President, Business Aviation, StandardAero. “We are pleased to expand our current ASC agreement with Embraer and consider it as recognition of and confidence in, the quality and expertise of our team.”StandardAero will be exhibiting at the 66th Annual National Business Aviation Association (NBAA) Convention and Expo, October 22 – 24, 2013, in Las Vegas, Nev.; Booth N6116. StandardAero is one of the world’s largest independent providers of services including engine and airframe maintenance, repair and overhaul, engine component repair, engineering services, interior completions and paint applications. StandardAero serves a diverse array of customers in business and general aviation, airline, military, helicopter, components, energy and VIP completions markets. A Dubai Aerospace Enterprise (DAE) company, StandardAero provides a global service network of 13 primary facilities in the U.S., Canada, Europe, Singapore and Australia, along with an additional 50 sales and field service locations. The company celebrated its 100th year of industry leadership in 2011. Dubai Aerospace Enterprise (DAE) Ltd is a globally recognized aerospace company specializing in maintenance, repair and overhaul (MRO) services, aircraft completions and aircraft leasing. The Company is headquartered in Dubai and operates in four continents and employs over 4,000 people. More information can be found on the company’s web site at www.dubaiaerospace.com. |