http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130617:nBw165080a
   HELSINKI--(Business Wire)--International Russian airline, Transaero Airlines (Moscow, Russia) awarded GATelesis Engine Services Oy ("GATES") an exclusive 10 year contract valued at upto $500 million to provide engine repair and overhaul services for Transaero`ssixty-two (62) General Electric CF6-80C2 engines for their Boeing 767 and Boeing747 fleets. Transaero will be GATES` largest customer and the maintenance will be performedat the GATES MRO facilities in Helsinki, Finland. The first Transaero enginewill be inducted this month. The scope of the contract includes core performancerestoration & overhaul, life limited parts replacement, maintenance proceduresbetween overhauls along with on-wing maintenance. "Our decision to choose GA Telesis Engines Services was logical. After our indepth process and evaluation of all major MROs, we found their people,facilities and services to be of the highest quality in the MRO industry. Forus, the Helsinki facility is uniquely positioned geographically, and GA Telesisis known as a leader in material supply; this combination made perfect financialand operating sense for Transaero," said Alexander Pleshakov, Chairman of theBoard of Transaero Airlines. "The award of the Transaero engine contract for GATES represents a landmark dealfor GATES and reaffirms our dedication & responsiveness to the demands of ourCustomers and the industry. GATES will serve as a gateway to the Russian & CISmarkets that we are committed to supporting," said Basil Papayoti, President ofGA Telesis Engine Services. Basil further added that "GATES is honored to bepartnered with such a fast growing and prestigious global airline such asTransaero." About GA Telesis Engines Services Oy (GATES)GA Telesis Engine Services (GATES) is a full service engine overhaul and repairstation based in Helsinki, Finland operating under EASA approval. The facilityis conveniently located on the Helsinki International Airport property inVantaa, Finland which is a natural gateway and platform into the local Russianand Eastern European market. GATES provides comprehensive commercial engineservices including repair and overhaul services for the General ElectricCF6-80C2, CFM International CFM56-5B/5C and Pratt & Whitney PW2000 engines withthe capacity to overhaul up to 200 engines per year. GATES parent company, GATelesis LLC is one of the world`s largest providers of products, financialservices and supply-chain solutions and maintenance to the aerospace industry. About Transaero AirlinesTransaero Airlines is the second-largest passenger airline in Russia. Transaerolaunched its services in November, 1991. The Transaero`s fleet consists of 99aircraft, including twenty-four Boeing 747s, fourteen Boeing 777s, fifteen 767s,forty one 737s, three Tupolev 214 and two Tu-204-100C aircraft. Transaero hasthe largest long-haul fleet in Russia, the CIS and Eastern Europe. It is theonly commercial carrier flying Boeing 747 passenger aircraft in the region.According to JACDEC, Transaero ranks among the top 20 safest European carriers.Transaero is the winner of Air Transport World magazine`s Airline MarketLeadership Award 2012 and has been named the Best Airline in Eastern Europe atthe 2012 Skytrax Awards.  GA TelesisRebecca C. Longo, 954-958-1335Vice President of Marketingrlongo@gatelesis.com
  www.gatelesis.com
 Copyright Business Wire 2013