StandardAero Offers Robust, Cost-Saving Options on PT6 Engine Work

Orlando, Fla. – Oct. 19, 2009 – With its recent Supplemental Type Certificates issued for the removal of Pratt & Whitney Canada (PWC) PT6A-41 and installation of a -42 or removal of -42 series engines to be replaced with new PT6A-52 engines and four-bladed Hartzell propellers, StandardAero, a Dubai Aerospace Enterprise (DAE) company, is in the unique position to offer PT6 operators the option to either overhaul or upgrade their aging engine lines.

“We provide PT6 operators the ability to choose what’s best for them, an engine upgrade or an engine overhaul – up front – during the inspection process, potentially saving thousands of dollars,” said Manny Atwal, General Manager, Turboprop Business Unit for StandardAero. “Because we own the STC for replacing PT6A-41 and -42 engines with -52 engines, during the inspection process we can provide operators with a cost assessment of one option versus the other; in essence, for the first time allowing for a true, ‘apples to oranges’ comparison. If it is determined that upgrading makes the most sense for an operator, we will credit the inspection cost.”

With PT6A-41 and -42 engines reaching service lives of more than 35 years, and many approaching their third and fourth overhaul, the costs of these engines have gone up dramatically. With the StandardAero engine-upgrade program, customers can get a new PT6A-52 engine for a slightly higher cost than overhauling their aging PT6A-41 or -42 engines, while increasing performance and aircraft value.

Upgrading to the StandardAero PT6A-52 engine program provides Beechcraft King Air 200-series operators with the latest in P&WC engine technology, in addition to increased value and increased performance allowing for over 300 knots true airspeed in cruise. StandardAero also offers extended warranty coverage to 10 years or base time-before-overhaul. By choosing to upgrade versus overhaul, operators get the same engine and propeller combination that is Type Certified on new Beechcraft King Air B200GT.

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).