Saab and PACAVI Establish Partnership to Conduct Airbus A320 and A321 Passenger-­‐to-­‐ Freighter Conversions

SAN DIEGO/LINKÖPING, June 11, 2015 – Swedish defense and security company Saab AB (Publ.) and California based conversion engineering specialist PACAVI Group announced today that Saab Aerostructures will be the manufacturer of the main deck cargo door including surrounding structure for PACAVI’s A320 and A321 passenger-­‐to-­‐freighter aircraft conversion
program. Saab will also provide support during the design phase.

PACAVI Group CEO Dr. Stephan Hollmann commented: “We are excited to add a world-­‐class aeronautics company like Saab to our group of international contributors to PACAVI’s A320/A321 Freighter LITE program. This is just the beginning of a long-­‐term strategic partnership to bring a new line of reliable, cost-­‐effective and customizable freighter aircraft to the market”.

“We look forward to join PACAVI on this interesting project in which our deep expertise and competence in designing and manufacturing aircraft doors will be used and further developed”, said Magnus Falk, Vice President and Head of Business Development, Marketing & Sales of Saab Aerostructures.

Passenger-­‐to-­‐freighter conversion of PACAVI’s Airbus A320 Freighter LITE prototype, started in January, is progressing on schedule at the HAITEC facility in Frankfurt/Hahn (Germany). PACAVI and partner GAMECO will commence conversion of the A321 Freighter LITE prototype in the fourth quarter of 2015 at GAMECO’s facility in Guangzhou (China).

About PACAVI Group (www.pacavi.com)
PACAVI Group does sales and leasing of aircraft, STC program management, aircraft conversion engineering, and related
activities. Principal offices are in San Diego (California) and Bremen and Dresden (Germany).

About Saab Aerostructures (www.saabgroup.com)
Saab serves the global market with world-­‐leading products, services and solutions within military defense and civil security. Since the 1930’s Saab Aerostructures has manufactured more than 500 commercial aircraft, among them the Saab 340 and Saab 2000 regional aircraft, in service all over the world. As a tier-­‐1 partner of Boeing and Airbus, Saab Aerostructures focuses on developing wing structures, movables and doors.

emailsig

Media Contact Patrick Schultheis
Director of Corporate Communications Phone: +1 (619) 321-­‐600
Mobile: +1 (619) 537-­‐8858
pschultheis@pacavi.com
Pacific Aviation & Lease Management, Inc. | Member of PACAVI Group
Aircraft Trading, Financing, Management & Consulting
(HQ) 1620 Fifth Avenue, Suite 500, San Diego, CA 92101, U.S.A. Phone: +1 (619) 321-­‐0600 Fax +1 (619) 544-­‐8958