ACG’S SECOND AEI B737-400SF ENTERS CONVERSION AT FLIGHTSTAR

MIAMI, FL., -November 16, 2010- Aeronautical Engineers, Inc. (AEI), is pleased to announce that Aviation Capital Group’s (ACG), second B737-400SF 11 Pallet Configuration Passenger to Freighter Conversion has com- menced. The second aircraft, a high gross weight B737-400 (MSN 25595), was built in 1992 and is currently un- dergoing freighter modification and heavy maintenance at AEI’s Authorized Conversion Center, Flightstar Aircraft Services, Inc. which is located in Jacksonville, Florida.

Mr. Robert T. Convey, Vice President of Sales & Marketing for AEI stated that “We see a tremendous opportunity for the 737SF in Brazil and are honored that both ACG and VarigLog have selected AEI’s B737-400SF product.”

Upon completion of the conversion at Flightstar, ACG’s second B737-400SF 11 Pallet Configuration will be added to VarigLog’s fleet in Brazil. The freighter will be equipped with an Ancra Main Deck Cargo Loading System capable of carrying:

— Ten Full Height 88”x125”x82” AAA container positions in P1-P10 and a 53”x88”x64”high pallet in P11 (More full height AAA’s than any other B737-400 conversion)

This unique configuration will allow operators to maximize the interior volume of the B737-400SF by the addition of a tenth AAA ULD position.

About AEI
Formed in 1958, Aeronautical Engineers, Inc. (AEI) is the oldest conversion company in existence today. For more than 50 years AEI has provided ad- vanced engineering solutions to aircraft owners and operators. Today the com- pany is a global leader in passenger to freighter conversions for a wide array of aircraft, helping customers extend the life of the aircraft and increase the value of their asset. AEI has developed over 120 Supplemental Type Certificates (STCs) and 360+ aircraft have been modified with AEI STCs – more than any other conversion provider.

About ACG
ACG is the owner and manager of a diversified fleet of commercial jet aircraft leased to the world’s leading airlines. Its portfolio includes 242 aircraft leased to 99 airlines in 40 countries. ACG also provides asset management and re- marketing services to aircraft investors and institutional clients. ACG was founded in 1989 and is a wholly owned subsidiary of Pacific Life Insurance Company, a Pacific LifeCorp company.