Macquarie Airports Management Limited hopes its investments always soar through cloudless skies. Affiliated with Australian investment bank Macquarie Bank Limited, the firm invests in airports located in Australia, Belgium, Italy, and the UK. It owns more than 70% of the Sydney and Brussels Airports, about 30% of the Copenhagen Airport, and about 15% of the Birmingham Airport. The company uses "airport specialists" to improve business operations such as the expansion of car parking and the streamlining of the airport check-in process. Macquarie Airports' ownership structure is comprised of two trusts and a Bermudian mutual fund entity.

Airline group SAS carries passengers throughout Scandinavia -- and well beyond. Most of the company's sales come from its Scandinavian Airlines operations, which include units that operate in Denmark, Norway, and Sweden, as well as Scandinavian Airlines International, which serves destinations in Europe, North America, and Asia. SAS extends its reach as a member of the global Star Alliance, a marketing and code-sharing partnership led by Lufthansa and United Airlines. (Code-sharing allows carriers to sell tickets on one another's flights and thus offer potential passengers more destinations.) Other sources of revenue include airline support businesses and stakes in other airlines.

Rather than soaring through the skies, Aircraft Service International Group (ASIG) takes care of planes when they're on the ground. The company provides fueling, ground handling, cargo handling, and related services to the commercial aviation industry. (Ground handling includes services such as baggage loading and unloading, cabin cleaning, and passenger check-in.) ASIG operates at more than 65 airports worldwide, primarily in the US and the UK but also elsewhere in Europe and in the Asia/Pacific region. Sister company Signature Flight Support serves the general aviation community as a leading fixed-base operator (FBO). ASIG was founded in 1947 and acquired by BBA Aviation in 2001.

Aero Kool makes sure aircraft pilots are not left out in the cold. The aircraft maintenance company, which has its own engineering and manufacturing departments, provides airframe and engine accessory repair and overhaul services. Aero Kool works on a wide range of equipment, including air cycle machines, air starters, fuel heaters, heat exchangers, oil tanks and coolers, refrigeration packs, valves (both electro mechanical and electro pneumatic), and water separators. The company also sells airframe and engine accessories and designs and manufactures replacement parts. Aero Kool was founded in 1959.

CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1.6 billion, CAE employs more than 6,500 people at more than 75 sites and training locations in 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 29 civil aviation and military training centres, we train more than 75,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and, through CAE's professional services division, we assist customers with a wide range of simulation-based needs. CAE was founded in 1947 and is headquartered in Canada. With clients in more than 100 countries, CAE has the broadest global reach of any simulation and training equipment and services company on the market. Ninety per cent of CAE's annual revenues are derived from worldwide exports. CAE's shares are traded on the Toronto and New York stock exchanges (TSX: CAE; NYSE: CAE). Dedicated to innovation, we devote close to 10 per cent of our revenues annually to research and development.

Qantas Airways, Australia's #1 airline, flies to about 60 destinations at home and another 85-plus (including some served by code-sharing partners) in about 35 countries. (Code-sharing enables carriers to sell tickets on one another's flights and thus extend their networks.) Its airline operations include regional carrier QantasLink, as well as low-fare carrier Jetstar, both of which operate in Australia and elsewhere in the Asia/Pacific region. Overall, the Qantas fleet includes about 230 aircraft. Qantas is part of the Oneworld global airline alliance, which is led by British Airways (BA) and American Airlines. In late 2008 Qantas and BA began merger talks, but an agreement could not be reached.

CitationAir (formerly CitationShares) offers fractional ownership of Cessna Citation airplanes, giving customers access to private jets on several hours' notice without the expense of maintaining their own aircraft. Consumers and businesses in North America, Mexico, the Caribbean, Bahamas, and Bermuda can buy as little as a 1/16th share of a jet, or 50 flight hours per year. CitationAir is a unit of airplane manufacturer Cessna, and its fleet includes four different Cessna models capable of carrying between six and nine passengers. Founded as CitationShares in 2000, it was rebranded as CitationAir in 2009.

RUAG is an international aerospace and defence technology group with production sites in Switzerland, Germany, Austria, Hungary and Sweden. RUAG's outstanding engineering skills in all areas of activity lay the foundations for its dynamic role in development and production.RUAG is the Swiss Air Forces' industry partner and supplier and integrator of systems and components for civil and military aerospace applications as well as for the machine industry. The company is specialized in aerostructures, in servicing and outfitting airplanes and helicopters, in metalworking and in developing and manufacturing satellite and launch vehicle technologies.RUAG is the Swiss Armed Forces' industry partner, and is also a global supplier of weapon, command & control and simulation systems for armed forces and government agencies. As a small calibre ammunition manufacturer, RUAG is a leading international supplier to the defence, government agencies, hunting and sport markets.

Kreisler has manufactured precision components for the aerospace industry for over half a century by delivering a consistently high quality product and helping our customer solve complex engineering and manufacturing challenges. Success over the years has been defined by an ability to provide innovative solutions with changes in design, technology and equipment. Kreisler offers its customers in-house manufacturing and engineering services that reduce costs at every stage of production, from design to assembly and inspection. Sophisticated design software and state-of-the-art manufacturing and inspection equipment deliver the best components possible. An ISO 9000 registered quality system and aerospace certified manufacturing processes compliment the engineering and manufacturing organization by making sure processes are under statistical control and products are consistent in quality. The company's technical capabilities are complimented by continuous improvement efforts and certified quality systems that help to improve product quality and reliability. Kreisler has earned NADCAP accreditation for internal manufacturing processes including welding, nickel plating, as well as special chemical processes such as passivation and titanium cleaning.

Icelandair Group, listed on the NASDAQ OMX Iceland as ICEAIR, is a holding company with 12 independent subsidiaries focused on the airline and tourism sectors. The Group has two main business areas, Scheduled Airline and Tourism and Capacity Solutions. Iceland is the focus of Scheduled Airline and Tourism, with the international airline Icelandair, Icelandair Ground Services (IGS) Icelandair Cargo, Iceland Travel, Air Iceland and Icelandair Hotels. Capacity Solutions offer broad worldwide aviation services with Loftleidir Icelandic, Travel Service, SmartLynx, Bluebird Cargo, and Icelease. The Group's financial services are handled by Fjarvakur.Icelandair Group owns and operates profitable and dynamic travel and transport companies delivering safe, reliable and convenient services. We create value for our customers, employees and shareholders by focusing on customer needs, efficient service delivery and unique and superior value propositions. We invest in strong, profitable travel and transport companies with high potential for growth and future value creation.

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