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AEI Signs LOI with Avmax For 8 CRJ200 SF Freighter Conversions

Miami, Florida – February 16th, 2017 – Aeronautical Engineers, Inc. (AEI) is pleased to announce the company has signed a Letter of Intent to provide a minimum of eight (8) CRJ200 freighter conversions to Avmax who currently own 65 CRJ200 aircraft. The LOI calls for the freighter conversions to commence in late 2017. As of right now, the modification touch labor for the conversions will be accomplished at Commercial Jet’s Dothan, Alabama facility.

“Avmax truly understands the CRJ200 and we are delighted they acknowledge the value in the AEI CRJ200 SF,” said Robert Convey, AEI Senior Vice President of Sales and Marketing. “The synergy of these two companies will definitely be a benefit to all current and future CRJ200 SF operators.”

As one of the world’s largest lessors of CRJ series aircraft, Avmax is uniquely positioned in the industry to provide tailored solutions to its customer base. Additionally, Avmax helps aircraft operators maximize the reliability of their operations with globally integrated services ranging from aircraft leasing and operations to component repairs and spares requirements.

Rick Pollock, Avmax Business Development Manager for the Americas said, “This agreement with AEI provides us with a valuable option for maintaining the residual value of our fleet of CRJ200 series aircraft and further helps us expand our product offering by re-purposing the CRJ200.”

Avmax intends to make the CRJ200 SF freighters available for sale and/or wet/dry leasing options to operators around the world.

The AEI CRJ200 SF shall provide Avmax with an Ancra CLS capable of carrying: – (8) 61.5” x 88” Containers/Pallets, P1 to P8

When combined with proven reliability, the AEI converted CRJ200 SF will allow Avmax and its customers to keep their aircraft – “In the air, generating revenue.

About AEI Aeronautical Engineers, Inc. (AEI) is a global leader in the aircraft passenger-to-freighter conversion business and is the oldest conversion company in existence today. Since the company’s founding in 1958, AEI has developed over 125 Supplemental Type Certificates (STCs) and has modified over 430 aircraft with the STCs. AEI helps its customers extend aircraft life and increase the overall value of aircraft assets by continuously focusing on dependable and flexible product offerings. AEI currently offers passenger-to-freighter conversions for the Boeing 737-400, 737-300, 737-200, MD-80 and CRJ200 aircraft. AEI will certify its 737-800 full freighter and combi conversions in 2017. www.aeronautical-engineers.com

About Avmax Our vision at Avmax Group Inc. (“Avmax”) is to simplify our customers’ aviation needs through dependable, globally integrated services with trusted results. Established in 1976, our locations include: Calgary (HQ), Vancouver, and Winnipeg in Canada, Great Falls and Jacksonville in the USA, Nairobi in Kenya and N’Djamena in Chad. Avmax offers the following capabilities: Aircraft Leasing, Airline Operations, Avionics, Component Repairs, Engineering, MRO, Paint and Spares. Avmax’s engineering division is a Transport Canada authorized Design Approval Organization (DAO). Powering Simplicity in Aviation, contact Avmax at www.avmax.com

About Commercial Jet Commercial Jet is an FAA and EASA approved repair station that specializes in scheduled and unscheduled heavy maintenance; line maintenance; modification services; complete airframe inspections; freighter conversions; interior modifications; avionics upgrade programs and complete aircraft painting. The company product offerings also include lease return services, and refitting passenger and cargo aircraft for return to market. With a combined of over half-a-million square feet (46,000 square meters) of multi-bay hangar facilities in Miami (MIA), Florida and Dothan (DHN), Alabama, Commercial Jet provides quality MRO services to passenger and cargo airlines, owners, lessors and military customers. Aircraft types supported include B717, B727, B737, B757, B767, DC8, DC9, DC10/MD-11, MD80/90, A320, A300 and the Bombardier CRJ family. www.commercialjet.com.

Contacts: AEI Robert T. Convey Senior Vice President Sales & Marketing +1 (818) 406-3666 rconvey@aeronautical-engineers.com

Avmax Richard (Rick) Pollock Business Development Manager, Americas +1 (403) 650-6650 Rick.Pollock@avmax.com

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