Selected Aviation and Aerospace Transactions

Capital Canada Limited acts as financial advisor to Discovery Air in sale of Discovery Air Technical Services to Premier Aviation

Premier Aviation Overhaul Centre Inc. (“Premier“) and Discovery Air Technical Services Inc. (“DATS“), a wholly owned subsidiary of Discovery Air Inc. (TSX DA.A), today announced that Premier has now completed the acquisition of substantially all of the assets of DATS on January 8, 2016. Capital Canada Limited (“Capital Canada“) acted as financial advisor to Discovery Air Inc. with respect to the transaction.

Capital Canada arranges financing for OpsMobil Inc. from Third Eye Capital Corporation

OpsMobil Inc. (“OpsMobil”), a leading provider of oilfield services with aviation capabilities, announced that it has entered into new asset-based secured credit facilities with Third Eye Capital Corporation (“Third Eye Capital”). The proceeds of the new credit facility have allowed OpsMobil to refinance prior credit obligations and will increase OpsMobil’s liquidity. Capital Canada Limited (“Capital Canada”) acted as financial advisor to OpsMobil with respect to the transaction.

Capital Canada Acts as Financial Advisor to Cargojet Inc. in up to CA$105 Million Financing from Tennenbaum Capital Partners

$82.50 million

Tennenbaum Capital Partners, LLC (\"TCP\") announced today that certain of its funds have agreed to provide up to US$82.5 million of financing to Cargojet Inc. (CJT.TO) (\"Cargojet\") to fund the acquisition and conversion of Boeing 767-300ER passenger aircraft into freighter aircraft. The transaction will provide Canada\'s leading supplier of air cargo services with additional capacity to support its growing business.

Element Provides additional Multi-Aircraft Financing for Cargojet

$55.00 million

Element Financial Corporation, one of North America's leading equipment finance companies, has entered into an agreement with Cargojet Inc. to finance an additional Boeing 767-300ER freighter aircraft and two Boeing 757-200ER freighter aircraft for approximately $55 million. The transaction will provide Canada’s leading supplier of air cargo services with additional capacity to support its growing client base. Capital Canada Limited acted as financial advisor to Cargojet with respect to the transaction.

Element Provides $100 million Multi-Aircraft Financing for Cargojet

$100.00 million

Element Financial Corporation, one of North America's leading equipment finance companies, has entered into an agreement with Cargojet Inc. to finance three Boeing 767-300ER freighter aircraft for approximately $100 million. The transaction will provide Canada’s leading supplier of air cargo services with additional capacity to support its growing client base. Capital Canada Limited acted as financial advisor to Cargojet with respect to the transaction.

Northern Air Support

Discovery Air subsidiary, Great Slave Helicopters Limited, has acquired Northern Air Support. Capital Canada Limited acted as exclusive financial advisor to the vendor in connection with the transaction.

Cargojet Income Fund

Capital Canada provided a independent formal valuation in connection with Cargojet's substantial issuer bid to repurchase for cancellation a portion of the fund's outstanding 7.5% Convertible Unsecured Subordinated Debentures due April 30, 2013.

Cargojet Income Fund

The undersigned acted as exclusive financial advisor to Cargojet in merging the operations of their regional air cargo subsidiary Prince Edward Air Ltd. with those of SkyLink Express Inc.

Skylink Aviation Inc.

$125.00 million

SkyLink Aviation Inc. has been acquired by Apollo Group, Inc. and M2 Holdings LLC. Capital Canada acted as special advisor to the purchasing group.

CargoJet Income Fund

$59.50 million

Advised Cargojet Ltd. on the income trust initial public offering

CargoJet

$5.30 million

Arranged the aircraft financing and acted as financial advisor to Cargojet

Cougar Aviation / VIH Helicopters

$11.00 million

Acted as financial advisors to Cougar Aviation on its sale to VIH Helicopters

Cargojet

$1.30 million

Acted as financial advisor and arranged aircraft financing of $1.3 million

Cargojet

Acted as financial advisor and arranged aircraft financing of $4.0 million

Canada 3000

$10.00 million

Acted as financial advisor to Canada 3000 with regard to the sale of a 50% ownership in Royal Cargo Flagship International

Canada 3000

Acted as financial advisor and assisted in the negotiations of Canada 3000 Airlines acquisition of 100% of the common shares of Royal Airlines

CHC Helicopter / Wiking Helikopter Service GmbH

Acted as financial advisor to CHC Helicopter Corporation on the sale of 49% ownership in Wiking Helikopter Service GmbH

Canada 3000

$30.00 million

Assisted in the equity placement of $30.0 million initial public offering of common shares for Canada 3000 Airlines

CHC Helicopter / Helicsa

Acted as financial advisor to CHC Helicopter Corporation on the sale of 33% ownership in Helicsa to Schreiner Aviation Group and Transfesa

CHC Helicopter / Helicopter Services Group

$490.00 million

Acted as exclusive financial advisor to CHC Helicopter Corporation on its $490.0 million acquisition of Helicopter Services Group

Vector Aerospace / Tower Aviation / Advanced Turbine Technology

Initiated the transaction and acted as financial advisor to Vector Aerospace on its US$6.0 million acquisition of Tower Aviation Services and Advanced Turbine Technology

CHC Helicopter / Hunting Airmotive

$60.00 million

Originated, structured and negotiated CHC Helicopter Corporation's acquisition of Hunting Airmotive

Canada 3000

Assisted in the equity placement of $5.0 million of common shares

Canada 3000 Airlines

Acted as financial advisor to Canada 3000 Airlines Limited in the re-purchase of 55% of its outstanding common shares held by Sunwing Charters Inc. and Deluce Investments Inc.

CHC Helicopter British International Helicopters

Acted as financial advisor and assisted in the negotiations of British International Helicopters acquisition of the shareholdings of CHC Helicopter held by Brown Shipley Venture Managers Limited (UK), Legal and General Insurance (UK), management and employees

Canadian Helicopters Ltd. CHC Helicopter

$7.50 million

Acted as financial advisor to Canadian Helicopters Limited an indirect wholly-owned subsidiary of CHC Helicopter Corporation and arranged financing of USD$7.5 million provided by Barclays Bank of Canada

CHC Helicopter / British International Helicopters

$65.00 million

Acted as financial advisor and assisted in the negotiations of CHC Helicopter Corporation with Brown Shipley Venture Managers Limited (U.K.), Legal and General Insurance (U.K.), management and employees, acquisition of the assets and business of British International Helicopters

Aviaco Traders International Incorporated

$37.00 million

Assisted in the formation of Aviaco acted as financial advisor and arranged US$37 million of financing for the company

Ontario Express Ltd.

$69.00 million

Initiated and assisted in the negotiations of $69.0 million in lease financing of six ATR 42-300 and two BAE Jetstream 31 Commuter aircraft for Ontario Express Ltd.

Air Atlantic

$39.90 million

Initiated the lease financing transaction and assisted Air Atlantic in its negotiations

Ontario Express Ltd. / Canadian Airlines International

Assisted with the private placement of $5.0 million in equity for Ontario Express Ltd. in partnership with Canadian Airlines International and assisted in the negotiation of the shareholders agreement on behalf of the major investors

Vista Air Cargo

$30.00 million

Assisted in the structuring and negotiation of the transaction and arranged the financing of $30.0 million for Vista Air Cargo Centre provided by The Mutual Life Assurance Company of Canada and Alberta Trust

Air Atlantic

Assisted in the structuring and negotiation to restructure Air Atlantic's equity ownership and related operating matters

Canadian Helicopters Ltd. / CHC Helicopter

$40.50 million

Acted as financial advisor to CHC Helicopter in the selection of its underwriters and the preparation of the companys initial public offering

Canadian Helicopters Ltd. / CHC Helicopter

Assisted in the structuring and negotiations and acted as financial advisor regarding the formation of Canadian Helicopters by CHC Helicopters acquisition of Okanagan Helicopters Ltd., Sealand Helicopters Ltd., Toronto Helicopters Ltd., Offshore Helicopters Technologies Ltd. and Aero Flight Holdings Limited

Toronto Helicopters Ltd.

Assisted in the structuring and negotiation of Sealand Helicopters Limited shareholders acquisition of Toronto Helicopters Ltd. and arranged financing provided by BT Bank of Canada a wholly owned subsidiary of Bankers Trust Company New York