Interim Management Statement

7 May 2014

Interim Management Statement

In advance of its Annual General Meeting today, BBA Aviation plc, the leading global aviation support and aftermarket services provider, is issuing an Interim Management Statement for the period from 1 January to 6 May 2014.

For the four months to 30 April 2014, overall trading was in line with our expectations with Group revenue 1% higher than the prior year and up 2% on an organic basis (excluding the impact of exchange rates, fuel prices, acquisitions and disposals).

Revenue in Flight Support grew by 8% and by 6% on an organic basis. The signs of recovery in business and general aviation (B&GA) in North America continued with movements up 4% in the first quarter. Weakness continued in our other major markets with European B&GA movements flat and commercial movements down 2% in North America and Europe.

Against this background, Signature Flight Support performed well and in ASIG, whilst we are experiencing some pricing pressure, initiatives to drive improvement in operational and cost performance continue. Importantly, preparations for the commencement of operations in support of the new Terminal 2 at London Heathrow are progressing well. We continue to make strategic progress and during the period, Flight Support completed the previously announced acquisitions of Skytanking, the commercial fuel services provider in the US and the Jet Systems FBO at Westchester County Airport.

In Aftermarket Services revenues declined by 11% and by 6% on an organic basis, which excludes the impact for the disposal of APPH. Although engine overhaul activity remained somewhat subdued in the first quarter, more recently the increase in flying hours seen in the second half of 2013 is beginning to feed through into overhaul events. The previously announced phased rationalisation of ERO's US footprint is proceeding to plan, with savings expected to begin to accrue from mid-2014. Following completion of two major contracts at the end of 2013, Legacy Support is performing as anticipated and the adoption of licences signed in 2013 is proceeding ahead of plan. We have recently signed a new licence with Kidde for fire protection applications that, together with the Rolls-Royce Dart licence announced earlier this year continues the expansion of Legacy Support's product portfolio.

Engine Repair & Overhaul (ERO) has recently been awarded significant rotorcraft authorisations in North America and the Middle East. In support of this strategically important award, and building on its experience in Brazil and Singapore, ERO will be investing $43 million in authorisation fees, capex, tooling, engines and will be establishing its first engine overhaul facility in the Middle East. Total capital expenditure for the year is now expected to be around 2.0x depreciation and amortisation, supporting significant future growth in both divisions.

Trading cash flows have followed the usual seasonal pattern and the Group's balance sheet remains strong, supporting substantial investment capacity. To date approximately $23 million of shares have been acquired as part of the previously announced $125 million share re-purchase programme.

The Group has recently refinanced its bank facilities, signing a new 5-year $650 million multi-currency revolving credit facility and reducing to $200 million the remaining tranche B of the 2011 facility which has 2 years left to maturity, giving total bank facilities of $850 million. The new $650 million facility is provided by 11 relationship banks and was oversubscribed.

Commenting on the Interim Management Statement, Simon Pryce, BBA Aviation Group Chief Executive said:

"We have made a good start to the year. The recovery in our major market continues and we are dealing effectively with weaker European and commercial markets, with the Group performing to plan. We are successfully executing our growth strategy with the award of engine authorisations supporting a material investment in our strategically important rotorcraft service offering, as well as through the continued expansion of the Flight Support network. Our businesses are well positioned and we are therefore confident that 2014 will be another year of progress for BBA Aviation."

Notes:

BBA Aviation plc will announce its interim results for the period to 30 June 2014 on 5 August 2014.

Enquiries:

BBA Aviation plc

Mark Hoad, Group Finance Director / Jemma Spalton, Head of Investor Relations

020 7514 3999

Tulchan

David Allchurch / Christian Cowley

020 7353 4200

About BBA Aviation plc:

BBA Aviation plc is a leading global aviation support and aftermarket services provider with market leading businesses and attractive growth opportunities. BBA Aviation's Flight Support businesses (Signature Flight Support and ASIG) are focused on refuelling and ground handling of business and commercial aviation aircraft. Its Aftermarket Services businesses (Dallas Airmotive, Premier Turbines, H&S Aviation, International Turbine Service, Barrett Turbine Engine Company, International Governor Services and Ontic) are focused on the repair and overhaul of jet engines and the design and service of aerospace sub-systems and components. For more information, please visit www.bbaaviation.com