Trading Statement

Press Release

9 December 2015

Trading Statement

BBA Aviation plc, the leading global aviation support and aftermarket services provider, is issuing a trading statement for the period from 1 July to 21 November 2015.

Trading in the period was in line with our expectations in all businesses except for Engine Repair & Overhaul (ERO).

Group revenue was down 3% on an organic basis (excluding the impact of exchange rates, fuel prices, acquisitions and disposals).

Revenue in Flight Support was down 3% on an organic basis. This reflects the previously announced net contract losses in ASIG and marginally softer than anticipated B&GA movements, which were flat in North America during the period, and down 2% in Europe.

Against this background, Signature Flight Support delivered another strong performance with organic revenue up 3% and good drop-through to operating profit, as Signature's customers continue to recognise the benefits of its strong network and leading service offering. Signature's development project at Mineta San Jose International Airport is now nearly complete, ahead of its official opening in February 2016, and the ongoing development at London Luton Airport is progressing well. In ASIG, organic revenue declined by 14%, reflecting the previously announced termination of ground handling contracts at John F. Kennedy International Airport Terminal One in February 2015 and at Singapore Changi Airport in July 2015. Having addressed a number of contractual issues, ASIG is now delivering a much improved operational performance.

In Aftermarket Services, organic revenue declined by 3%. In ERO the throughput issues in the first half associated with the footprint rationalisation have been addressed with strong improvements in engine turn times. After solid inputs in Q3, there were lower than anticipated inputs and reduced engine work scopes in October and November and this is expected to continue through December, with pricing remaining competitive. This led to an organic revenue decline of 3% in ERO. Legacy Support continues to perform in line with expectations against a strong prior year comparator, with revenue flat. The adoptions of the 6 licences signed over the last 18 months are progressing well and we continue to see a strong pipeline of further licence opportunities.

The proposed acquisition of Landmark Aviation that was announced in September 2015 has been positively received by all stakeholders and is proceeding to plan with completion anticipated in early 2016.

Commenting on the trading statement, Simon Pryce, BBA Aviation Group Chief Executive said:

"With the exception of our Engine Repair & Overhaul business, all Group businesses continue to perform in line with our expectations. In Flight Support, despite B&GA flying being marginally softer than anticipated, Signature continues to perform strongly and outpace its key markets. In Aftermarket Services, whilst we are seeing a significant operational improvement in ERO, inputs and engine work scopes in October and November were weaker than anticipated. This is likely to continue through the remainder of the year.

Despite this challenging backdrop in ERO, 2015 is still expected to be a year of progress for BBA Aviation, with strong momentum into 2016 driven by Flight Support as the significant growth investments made in recent years increasingly contribute and as we look to complete the acquisition of Landmark Aviation and begin to realise the very significant customer and stakeholder benefits this transformational combination creates."

Notes:

BBA Aviation plc will announce its final results for the year ended 31 December 2015 on 3 March 2016.

Enquiries:

BBA Aviation plc

Mike Powell, Group Finance Director / Jemma Spalton, Head of Investor Relations & Communications

(020) 7514 3999

Tulchan Communications

David Allchurch / Martha Walsh

(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 service of aerospace sub-systems and components. For more information, please visit www.bbaaviation.com