Options to Retire or Part-Out Your Aircraft/Engine - Panel Session

Component/Composite Repair (CRG)

Accessory Class Rating

I, II & III unlimited

Airframe Rating for Nacelle,

Flight Surfaces & Structures

FAA/EASA/CAAC Certified

AS9100 Certified

Component Solutions (CSG)

Boeing

Airbus

Embraer

Bombardier

GE

CFMI

IAE

RR

P&W

Engine Repair (GATES)

CF6-80C2

PW2000

CFM56-5B

CFM56-5C

CFM56-7B*

Heavy Maintenance**

Heavy Maintenance

Major Modification

Line Maintenance

Leasing (ATG)

Aircraft

Engines

Inventory

Component Manufacturing**

Boeing

Airbus

Honeywell

Piece Parts

Consumable

Expendable

OEM Distribution

Engine Field Service (GO)

Field Repairs

Boroblend

Line Maintenance

* CFM56-7B commencement 01/2016

** Planned acquisition in process

GAT Value Creation

AMERICAS EUROPE ASIA

MRO

Fort Lauderdale &

Miami

Beijing

Helsinki

South America

2016

Istanbul

Planned Expansions

Distribution Center

Leasing, Asset Mgmt.

Parts Sales Office

Bournemouth

Denver

Montreal

London

Atlanta

ChicagoSan Francisco

Global Presence

Riyadh

GA Telesis is the only aftermarket company with significant operations on three continents

As a result of its part-out portfolio, GA Telesis has one of the world’s largest independent rotable inventories

GA Telesis was first company to part-out an aircraft in China for resale of the parts

Aircraft Dismantle Programs

GA Telesis is a Market Innovator

First

part-out

in the

world

737 Classic 757 767-200/300 777-200

First

part-out

in the

world

First

part-out

in the

worldA321-200 A300-600 A330-200

GA Telesis has parted out more than 250 commercial aircraft and over 550 jet engines.

Aircraft Dismantle Programs

737 Classic 737 NG 757

767-200/300 747-400 777-200

MD80 Series DC10-MD11 CRJ Series

One of the most comprehensive Boeing part-out portfolios

TWIN

AISLE

SINGLE

AISLE

LEGACY

GA Telesis has parted-out over 250 aircraft since 2002.

Aircraft Dismantle Programs

A319 A320 A321

A310-200/300 A300-600R A330-200

A340-200/300 ERJ-135/145

One of the most comprehensive Airbus part-out portfolios

TWIN

AISLE

SINGLE

AISLE

TWIN

AISLE

TWIN

AISLE

GA Telesis has parted-out over 250 aircraft since 2002.

CF6-50C/E2 CF6-80A CF6-80C2A/B/D CF6-80E1A2

CFM56-3 CFM56-5A CFM56-5B CFM56-5C CFM56-7B

RB211-535C RB211-535E4 TRENT 800

JT8D-17 JT8D-200 JT9D-7R/Q PW4000 PW4000-114’

V2500-A1 V2500-A5 V2500-D5

Engine Disassemblies

As a result of its part-out portfolio, GA Telesis has one of the world’s largest independent jet engine

parts inventories.

GA Telesis has disassembled more engines than any other independent company.

GA Telesis has parted out more than 550 commercial jet engines.

Engine OptionsSell/Exchange engines

Lease engines then part-out engines

Part-out engines

ONE GOAL – Maximize the value of the assets.

Asset Disposition Potential

Landing Gear OptionsSell/Exchange LG

Lease LG

Part-out LG

APU OptionsSell/Exchange APU

Modify APU to newer generation

Lease APU then part-out

Part-out APU

Key Parts Can structures be upgraded to

newer generation

Can avionics/LRUs and rotables be

upgraded to new generation

Can certain airframe and engine

parts interchange with other

aircraft models

The GA Telesis strategy allows for the maximum flexibility as it relates to asset disposition and value creation/protection.

AircraftParked

Aircraft Parted-out

AirframeParts Sold

EnginePart out Engine Parts Sold

EngineLeased

EngineLeased Again

EngineLeased Again

EnginePart out Engine Parts Sold

EngineSold

Aircraft In Operation

Value Measurement

Benchmarks

Maximizing Asset Value

GA Innovation China (GAIC)

北京集安航空资产管理有限公司

� GA Telesis & Air China formed world’s largest China-

based integrated commercial aerospace services

provider.

� Full-scale aircraft disassembly and redistribution

business covering the entire Asian market

� Financial solutions for airlines in China and Asia

that have an increasing need for fleet

decommissioning activities.

� Provides top-quality used-serviceable components

to both the Asian market and global market

GAIC Teardown Capability in China

Competitive Advantages

• In anticipation of the 1330 assets retiring in Asia, GAIC has developed teardown capabilities in

China

• Earlier this year, GAIC announced first ever import of commercial aircraft 767-300 into

mainland China for teardown

• This acquisition follows the GAIC’s completion of the first-ever aircraft disassembly and parts

redistribution program in China in 2013.

• In partnership with Air China, GAIC has positioned itself in 5 strategic locations across China

– Wuhan, Shandong, Beijing, Tianjin and Guangzhou

• GAIC has the ability to sell

parts from teardown directly

to China (including non-

commercial customers)

and globally

• Tearing down in China has

an immediate cost savings

of ~$100K from ferry flights

Ferry flight savings of ~$100K