StandardAero Springfield Receives Organization Designation Authorization

Tempe, Ariz. – July 20, 2009 – StandardAero, a Dubai Aerospace Enterprise (DAE) Company, has received Supplemental Type Certificate (STC) Organization Designation Authorization (ODA) at its Springfield, Ill. location from the Chicago Aircraft Certification Office. This designation enables StandardAero to approve design data, tests, and analysis as well as make a finding of compliance to the regulations allowing them to sign a STC on behalf of the Federal Aviation Administration (FAA) for aircraft alterations.

As part of this ODA, StandardAero utilizes a team of experienced engineers, technologists, pilots and other industry professionals, allowing them to provide design and certification services leading to the issuance of STCs for alterations and modifications on a broad range of aerospace products. These include complete interiors, engine retrofits, airframe modifications, cabin entertainment systems, glass cockpits and other major avionics upgrades.

An alternative to FAA-direct certification services, StandardAero will be able to deliver considerably shorter STC certification times – from 45-60 days – dramatically reducing down time. The new Organization Designation Authorization is not tied to an FAA Repair Station allowing StandardAero to perform certification work on aircraft that are not in its hangars in Springfield as well as customers in approved facilities anywhere around the world.

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).