StandardAero Names Scott Taylor Business Aviation Sector Leader

Tempe, Ariz. – Aug. 25, 2009 – StandardAero has appointed Scott Taylor to the position of Senior Vice President for Business Aviation based in Tempe, Ariz. With over 20 years experience leading global sales, marketing and strategy development, Taylor will be responsible for developing and executing sustainable long-term strategy for the business aviation sector and for creating innovative approaches to growing existing products and services.

“Scott brings a background to StandardAero’s Business Aviation sector rich in leadership and understanding of the products, systems and business models that drive the Business Aviation market,” said StandardAero President and CEO, Rob Mionis. “He has a vision for growth for the sector and will focus on building upon a strong foundation to improve StandardAero’s position in airframe, avionics, modifications and interior refurbishment as well as expanding engine programs both domestically and in international markets.”

Prior to joining StandardAero, Taylor led sales and marketing for Honeywell’s Business & General Aviation division. Over an 18-year career at Honeywell Aerospace, Taylor held various sales, marketing and business leadership positions in the military, regional, business and general aviation sectors. Most recently, Taylor served as general manager, Business & Regional Aviation Marketing for General Electric Aviation. Prior to Honeywell he served as an officer in the U.S. Army for seven years.

Taylor holds a Master’s degree from the University of Phoenix, a bachelor’s degree from Penn State University and is Six Sigma certified.

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 five divisions – DAE Capital, DAE Engineering, DAE Services, DAE Manufacturing and DAE Airports.

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.

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