Press Release List

Monday, September 24, 2007

Standard Aero and Landmark Aviation Announce Combined Global MRO Capabilities

NBAA, Atlanta — Standard Aero and Landmark Aviation, Dubai Aerospace Enterprise (DAE) Engineering companies, used the occasion of the 60th Annual Meeting & Convention of the National Business Aviation Association (NBAA) in Atlanta to describe the full range of their aircraft service capabilities in North America, the Netherlands, Singapore and Australia, and vision for the newly merged companies.

“As part of DAE, an innovative and growing aerospace group, Standard Aero and Landmark Aviation together form one of the world’s largest independent aircraft service organizations,” said Rob Mionis, Chief Executive Officer, DAE Engineering. “The companies offer a broad range of services in diverse locations and intend to continue to grow globally and expand into other service areas.”

DAE acquired the companies earlier this year as part of its growth plan for a global MRO business. The company is developing into a worldwide aerospace supplier that will offer comprehensive aviation services ranging from MRO for all aircraft, to financing, leasing and airports.

Paul Soubry, Chief Executive Officer of Standard Aero and Landmark Aviation, said the MRO companies offer a wide range of engine, airframe and accessory services for business, regional, military aircraft and helicopters.

“We are authorized by all major OEMs for engine service on business and regional aircraft, and for engines on helicopters and military aircraft,” Soubry said.

“Together these companies have 12 major service operations around the world and 14 regional support locations, offering customers throughout the world a full MRO portfolio that includes engine and airframe services for business aircraft, avionics, retrofits, modifications and interiors, and paint,” Soubry said.

As part of the growth driven DAE group, Soubry said Standard Aero and Landmark Aviation will look for opportunities to expand, with a focus on rapid growth areas including Asia.




Standard Aero and Landmark Aviation, Dubai Aerospace Enterprise (DAE) Engineering companies with $1.3 billion in combined annual revenue, specialize 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. Associated Air Center produces luxury and VIP interiors for transport size aircraft. The companies, part of the DAE Engineering division, form 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.

DAE is a fast developing global aerospace, manufacturing and services corporation made up of six divisions – Airports, Capital, Engineering, Manufacturing, Services and University.

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. 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 EMAAR, ISTITHMAR, Dubai Airport Free Zone Authority (DAFZA), Dubai International Capital, DIFC Investments LLC, the Government of Dubai and AMLAK Finance.