Flight Hour Maintenance Agreement between Snecma (Safran group) and Airbus Corporate Jet Centre

Courcouronnes, November 29, 2010.

Philippe Petitcolin, Chairman and Chief Executive Officer of Snecma (Safran group) and Benoit Defforge, Chairman and Chief Executive Officer of Airbus Corporate Jet Centre (ACJC), signed on November 26, 2010, an EngineLife® agreement with Snecma to propose full engine service support for CFM International CFM56-5B engines to its VIP, corporate and government customers.

This full support for Airbus Corporate Jet engines includes Engine Condition Monitoring (ECM), shop visits, Foreign Object Damage (FOD) protection, Line Replaceable Unit (LRU) pool access and repair, and spare engine availability. The service will help to maintain the value of the aircraft, under a long term transferable contract.

"We are proud of this long term partnership that is in line with the demand of ACJ customers who look for a single partner able to provide nose to tail support. ACJC and Snecma's combined expertise offers Original Equipment Manufacturer (OEM) reliability and quality" says Benoit Defforge, CEO of Airbus Corporate Jet Centre.

"Snecma is delighted by the signature of this partnership with ACJC. It is designed to answer ACJ operator demands, by proposing a dedicated team and support services package based on a flight hour rate to allow better planning for engine maintenance costs", says Philippe Petitcolin, CEO of Snecma.

This agreement is the fruit of over a year of discussions between Snecma and ACJC to craft a creative EngineLife® agreement that delivers reliability and simplicity for Airbus Corporate Jet users, guaranteeing optimal operation of their aircraft.

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About Snecma
Snecma (Safran group) is one of the world's leading manufacturers of aircraft and space engines, with a wide range of propulsion systems on offer. The company designs and builds commercial aircraft engines - including the CFM56* world leader - that are powerful, reliable, economical and environmentally friendly, along with military aircraft engines that have always delivered world-class performance. Snecma also develops and produces propulsion systems and equipment for launch vehicles and satellites. EngineLife®, a new brand for Snecma's service business, offers a complete range of engine maintenance, repair and overhaul (MRO) services to airlines, armed forces and operators.
*CFM56 engines are produced and marketed by CFM International, a 50/50 joint company between GE and Snecma.

About Airbus Corporate Jet Centre
Dedicated to providing quality cabin-outfitting and associated services for Airbus ACJ Family aircraft, the Airbus Corporate Jet Centre is a human sized company, backed by the full resources of its shareholder, Airbus, the world's largest manufacturer of modern airliners. Based in Toulouse, France, ACJC has already contracted with prestigious customers in Asia, Europe and Middle East. It attributes its success to a strong technical background, plus 200 highly skilled employees that have now completed more than 15 VIP cabins for Airbus aircraft.

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