Vector Aerospace Group Appointed New European Designated Overhaul Facility for PW307A, PW308A/C Engines

July 14, 2008 – Vector Aerospace Corporation today announced that Atlantic Turbines International Inc. (ATI), one of its wholly-owned subsidiaries, has been appointed a Designated Overhaul Facility (DOF) for Pratt & Whitney Canada Corp’s (P&WC) PW307A, PW308A and PW308C engines.

The maintenance, repair and overhaul (MRO) services for the PW307A, PW308A and PW308C engines will be provided at facilities at Fleetlands, Gosport, England, one of the locations recently purchased by the Vector Group. These engine models power some of the most highly regarded turbofan-powered corporate aircraft in the world. The PW307A powers Dassault Aviation’s Falcon 7X corporate jet, the PW308A powers Hawker Beechcraft Corporation’s Hawker 4000 and the PW308C powers Dassault Aviation’s 2000EX.

Declan O’Shea, President and CEO of Vector, stated that “Vector, through ATI, has enjoyed a very strong working relationship with Pratt & Whitney Canada over many years. To deepen the relationship with such a well-respected and forward-looking Company, and to have this opportunity to extend further our reach, both geographically and with the new PW307A, PW308A and PW308C engines, marks a very bright day for the growth and development of Vector. We are also excited to bring these engine lines to Fleetlands, one of our new locations in Europe.”

Commenting on this appointment, Brian Thompson, ATI’s President, said “We are well known for our industry-leading customer service orientation and we share with P&WC a service-first philosophy that is of great importance to aircraft owners, aircraft manufacturers and us. Pursuant to these new arrangements, we are pleased to continue our long and successful relationship with Pratt & Whitney Canada.”