StandardAero Re-Establishes Business Aviation MRO Support at Van Nuys Airport (VNY)

Orlando, Fla. – October 30, 2012 – StandardAero Business Aviation announced today the execution of a lease agreement with BaseNet LLC, marking the return of StandardAero to the Van Nuys airport (VNY), in Van Nuys, California.

StandardAero’s reestablished business aviation MRO support operation at VNY follows over a decade-long absence from the location. The new StandardAero Van Nuys facility will provide maintenance support for a variety of corporate and fractional operators at the airport.

StandardAero’s return to Van Nuys reflects the continued growth StandardAero has experienced over the last three years as the business aviation market continues its sustained recovery. This latest move is being undertaken to provide enhanced support to operators in the greater Los Angeles basin.

“We’re excited about this new arrangement as it allows us to provide an enhanced level of support to operators on the Van Nuys airport and is consistent with our growth plans for the region” said Scott Taylor, Senior Vice President, Business Aviation, StandardAero. “The move also advances our presence in a very active business aviation market allowing us greater service capabilities along the west coast.”

StandardAero will be exhibiting at the 65th Annual National Business Aviation Association (NBAA) Convention and Expo, October 30 – November 1, 2012, in Orlando, Fla.; Booth 2000.

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