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December 24, 2004

Sold: West Star Aviation

Bought Out By Wichita-Based Investors

West Star Aviation, one of the most well-respected FBOs in the country and one of the largest employers in Grand Junction, CO, has been sold to a group of investors based in Wichita.

Recieves HAI Aviation Repair Specialist Award

Luis F. Garcia, Director of Maintenance, Papillon Airways Inc., Grand Canyon, Arizona, is the recipient of Helicopter Association International’s (HAI) 2004 Aviation Repair Specialist Award. This award will be presented February 7, 2005, at HELI-EXPO in Anaheim, California, during HAI’s 44th annual "Salute to Excellence" awards ceremony.

Rescue Program Is Recipient Of HAI's Sikorsky Award

The Los Angeles County Sheriff’s Air Rescue 5 Program in Long Beach, CA, is the recipient of Helicopter Association International’s (HAl) 2004 Igor I. Sikorsky Award for Humanitarian Service. This award will be presented February 7, 2005, at HELI-EXPO in Anaheim, California, during HAI’s 44th annual "Salute to Excellence" awards ceremony.

AD NUMBER: 2004-23-15 MANUFACTURER: MDHI (CORRECTION) SUBJECT: Airworthiness Directive 2004-23-15 SUMMARY: This amendment adopts a new airworthiness directive (AD) for the MD Helicopters, Inc. (MDHI) Model MD900 helicopters. This action requires reducing the life limit of certain Notar fan system tension-torsion (TT) straps.