Aveos moves forward by signing four new Engine Technical Service agreements in Europe and Asia, including with Air China

MONTREAL, April 7 /PRNewswire/ - Aveos is pleased to announce that it has signed a new Engine Technical Service Agreement with Air China, as well as new agreements with Air Moldova, Merpati Airlines and Mandala Airlines, confirming Aveos' role as a leading MRO with globally recognized engine overhaul capabilities.

Aveos has been servicing GE and CFM engines for over 20 years, with specific expertise in CFM and CF-34 engines, and we have developed an excellent reputation in the global marketplace, explains Jim Andrews, Vice President and General Manager of Aveos' Engine Solutions business. We are known for our quality, customer service, and keeping pace with today's highly competitive airline industry and its turnaround time requirements.

The two-year Engine Technical Service Agreement with Air China opens the door to the large and fast-growing Chinese aviation market and includes the maintenance, repair, overhaul, testing and related services for CFM56-5C4 engines. With one of the strongest CFM56 programs in the MRO industry, this new agreement is a testament to Aveos' ability to grow its client base on a global scale.

The three additional agreements include a five (5)-year Engine Technical Service Agreement with Air Moldova for the maintenance, repair, overhaul and related services for the carrier's CFM56-5A1 engines, a one (1)-year Letter of Agreement with Merpati Airlines for the maintenance, repair, overhaul and related services for the carrier's CFM-56-3 engines and a Letter of Agreement (LOA) with Mandala Airlines for the repair, overhaul and related services for one (1) CFM56-5A engine.

We are committed to expanding in the global marketplace as part of our strategic plan, and have the processes and the customer focus dedicated to equally service both larger and smaller customers, confirms Jim Andrews. Our successful strategy has opened new markets in Europe, Asia, Africa and the Middle East. Aveos' customer-first service, combined with our sophisticated engineering capabilities, renowned quality and technical skills ensure that our Engine Solutions business continues to offer our customers world-class, integrated solutions while continuing to grow our presence in these evolving markets.

About Aveos

Aveos is a full-service maintenance, repair and overhaul (MRO) provider of airframe, engine, component and maintenance solutions. From maintenance facilities across Canada and in El Salvador, we provide integrated service solutions to over 100 customers, while focusing on building a robust network of strategic alliances. Approximately 4,500 employees remain committed to a tradition of providing world-class quality and expertise to customers across the Americas. To learn more, visit aveos.com.

About Air China

Air China is the Flagship carrier for the People's Republic of China and operates a mixed fleet of 247 Airbus and Boeing aircraft. Air China operates international and domestic scheduled passenger and cargo services to more than 250 destinations in the Far and Middle East, Australia, North America and Europe.

About Air Moldova

Air Moldova is the flag-carrier of the Republic of Moldova located in Eastern Europe operating a mixed fleet of 3 A320s and 1 Embraer E120. The airline operates scheduled service from Chisinau to over 16 regional and international destinations in Europe and Russia, as well as charter services. Air Moldova also offers transfer flights via its hub, Chisinau International Airport and offers connections worldwide via hubs in Frankfurt and Moscow.

About Merpati Nusantara Airlines

Merpati Nusantara Airlines is an airline based in Jakarta, Indonesia. It is a major domestic airline operating scheduled services to more than 75 destinations in Indonesia, as well as scheduled international services to East Timor and Malaysia. Its main base is Soekarno-Hatta International Airport. Its fleet consists of 32 aircraft, including 12 B737 Classics.

About Mandala Airlines

Mandala Airlines is a Jakarta based low fare airline operating a nationwide network within Indonesia. Founded in1969 and acquired by PT Cardig International Aviation and Indigo Partners in 2006, the airline was successfully restructured and now operates an all Airbus A320 family fleet. Mandala has 25 A320s on order with delivery commencing in 2011 to assist with the planned network expansion.

SOURCE AVEOS FLEET PERFORMANCE INC.