StandardAero Names Rob Cords, Senior Vice President, Strategy, Business Development and Customer Support

Tempe, Ariz. – Nov. 16, 2009 – StandardAero, a Dubai Aerospace Enterprise (DAE) company, has appointed Rob Cords to the position of Senior Vice President, Strategy, Business Development and Customer Support.

Cords will be responsible for the development and management of StandardAero’s global strategic planning activities, communications and corporate branding, sales operations and customer service management.

Cords comes to StandardAero from the Oliver Wyman Group where he served as Associate Partner for the firm’s Aviation, Aerospace & Defense Practice.

“Rob’s rich background in strategy development makes this appointment especially timely as the company prepares its business capture strategy for 2010 and beyond,” said Rob Mionis, President & CEO, StandardAero. “Current market conditions require an aggressive, well thought out strategy; Rob will be a key member of StandardAero’s leadership in helping us achieve that.”

Cords holds an MBA from Northwestern University’s Kellogg Graduate School of Management and a Bachelor’s degree in Business from Indiana 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:

Dubai Aerospace Enterprise is building a globally recognized Aerospace corporation with operations from aircraft leasing, 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. DAE is currently made up of three divisions – DAE Capital, DAE Engineering and DAE Services.

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