StandardAero’s Component Services Business Unit Reorganizes Sales Team Reaffirms Commitment to New Business Growth

Tempe, Ariz. – September 13, 2010 – StandardAero, a Dubai Aerospace Enterprise (DAE) company, announced today that its Component Services Business Unit in Cincinnati, Ohio, has restructured its sales organization to complement its aggressive new business growth strategy.

The new organizational structure will be lead by Jack Lane, as director, Sales & Customer Service. Under Lane’s leadership, the External Sales function within Sales & Customer Service department has been stratified along three market verticals – GE/Americas; Snecma/MTU/ Europe & Middle East; and, Brokers.

Preceding today’s announcement, Lane served as sales director for StandardAero since 2002. Lane’s career spans 20 years within the aerospace industry in a host of technical leadership positions, including engineer, vice president and general manager. Lane is a certified Six Sigma/Lean Manufacturing Green Belt. Lane is a graduate of the University of Cincinnati with a bachelor’s degree in Metallurgical Engineering and Material Science.

Leading the GE/Americas, market vertical is Steve Maull. Maull comes to StandardAero’s Component Services business from Airfoil Technologies International in Cincinnati where he served as North America sales manager. During his tenure at Airfoil, Maull also served in a range of leadership positions, including sales support director and global customer service manager, GE Accessory Services.

Martin Moran will be responsible for the Snecma/MTU/Europe & Middle East market segments. Moran comes to StandardAero from MorAir International where he served as director of Sales and Marketing. Prior to MorAir, Moran was director of Sales for HEICO Corporation’s Thermal Structures-Composites/Repair Group Specialty Products Division.

Managing the company’s sales and support efforts among its broker community will be Aaron Kemphaus. Kemphaus will serve as sales manager, responsible for driving greater business growth among Component Services’ brokers. Kemphaus, a ten-year employee of StandardAero, has served in a variety of customer service and operations positions within the company.

“We have selected a team of dynamic individuals to lead our external sales efforts,” said Chris Swan, vice president, Component Services. “Their experience and sales success provides us with the industry knowledge, skill sets and leadership necessary to fulfill the aggressive strategy we have laid out for the company. We’re excited about our new team and where we’re headed.”

StandardAero, a Dubai Aerospace Enterprise (DAE) company with nearly $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:

Dubai Aerospace Enterprise is building a globally recognized aerospace corporation with operations from aircraft leasing, maintenance, repair and overhaul (MRO), and Aviation IT solutions. It is creating an innovative business that builds on the dynamics of Dubai and continuous growth in aviation.

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 kilometer 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.