StandardAero Promotes Stacy Spry to Service Center Sales Role

Tempe, Ariz. – Feb. 27, 2009 – StandardAero has promoted Stacy Spry to Service center Sales based in Mocksville, N.C. In his new role, Spry will be responsible for all sales in Eastern North America of CF34, AE3007, PW600 engine service to business aviation operators, as well as sales of TFE731 engines and auxiliary power units to service centers.

“Stacy brings a strong product and customer orientation to the team,” said Scott Taylor, Vice President, Sales, Strategy and Business Development. “Anxious to learn more about StandardAero and the diverse array of products and services the company provides, Stacy is a great addition to our growing team.”

Spry joined StandardAero in 1998 and ran the PT6 test cell in Salisbury, N.C. He moved into field service as a remote field service representative in 2001. Prior to joining StandardAero, Stacy was an airframe mechanic at Timco Aviation. He also served in the U.S. Air Force as a jet mechanic.

He holds his airframe and powerplant license and is an FAA Inspector.

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 – DAE Airports, DAE Capital, DAE Engineering, DAE Manufacturing, DAE Services and DAE University.

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 EMAAR, ISTITHMAR World, Dubai Silicon Oasis (DSO), Dubai International Capital, DIFC Investments LLC, the Government of Dubai and AMLAK Finance.