StandardAero Selected as Engine Maintenance Provider for Russian Air Carrier, NordStar Airlines’ Fleet of ATR 42-500 Turboprops

Tempe, Ariz. – February 27, 2012 – StandardAero announced today that they have signed a long term agreement with NordStar Airlines’ parent company, Taimyr Airlines, to perform engine maintenance on NordStar’s fleet of new ATR 42-500 aircraft.

Under the terms of the agreement, StandardAero will be implementing a TEAMTM (Total Engine Asset Management) Program in the maintenance of NordStar’s new fleet of five ATR42’s. Managed by one of StandardAero’s dedicated program managers, the TEAM™ Program provides a full package of support services.

“We are very pleased with the enthusiasm that StandardAero has displayed in the initial phase of our agreement and look forward to our partnership,” said Kirill Buryy, General Director and Andrey Semenov, Technical Director, NordStar. “Their ability to offer favorable terms, coupled with value for the services provided was a key factor in our decision. A maintenance partner that can provide support services beyond its core business has real significance to an operator with a new aircraft type in a start-up phase“

“Today’s announcement reflects our commitment to the expanding Russian regional airlines market; specifically the successful ATR aircraft, as well as the growing market recognition of our business as a world-class, top tier provider of engine maintenance services,” said Jeffrey Wood, Senior Vice President, Airlines & Fleets, StandardAero. “Our TEAMTM Program offering is working exceptionally well and shows that Russian airlines value our service offerings and our flexibility in developing a customized program.”

StandardAero’s European Service Center located in Tilburg, The Netherlands, will provide in-region program management and field support with maintenance events carried out in both our European Service Center and Winnipeg, Canada.

NordStar Airlines (Taymir Airlines) is an efficiently developing aviation project of Russian metal company Norilsk Nickel. One of the main tasks of the carrier is to provide effective, qualitative and available air communication among Krasnoyarsk and the biggest cities of Russia, as well as within Krasnoyarsk Region territory. The carrier operates with a B737NG and ATR 42-500 fleet. NordStar Airlines will become the very first operator of new ATR ‘-600 series’ aircraft in the Russian Federation. NordStar already operates 5 ATR 42-500. With the introduction of the 5 firm ATR 42-600s, NordStar will bring to 10 aircraft its brand new fleet of ATRs.

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