Growing Airline First to Order New Fuel and Cost Efficient Advanced LEAP™ Engine – Total CFM Order Valued at $1.4 Billion Virgin America Launches Fare Sale Today, with CFM/GE Purchasing Carbon Offsets for the First 5,000 Flights Booked

Virgin America today announces that it has selected CFM International’s advanced LEAP™ engine to power 30 new Airbus A320neo aircraft scheduled to begin delivery in 2016. In addition, the airline has selected the CFM56-5B engine to power 30 of its current technology A320s on order. The engine orders have a combined value of $1.4 billion at list price.

In January, the airline announced it would nearly triple its fleet size with an order for 60 new Airbus A320 Family aircraft – including the first commercial order for the new eco-efficient Airbus A320neo. Together, the A320neo and the LEAP™ engine promise to deliver one of the world’s most fuel-efficient commercial aircraft, with more than 15 percent improved fuel efficiency, corresponding improvements in carbon efficiency and double digit reductions in NOx emissions. Virgin America estimates this will deliver a fuel cost savings to the carrier of $1.9 million per aircraft per year. To celebrate the new LEAP™ technology and its own growth, the carrier today launches a “Flyers, Start Your Engines” fare sale. To further mark the milestone order, CFM International and parent companies GE and Snecma (Safran Group) will purchase carbon offsets for the first 5,000 flights booked today athttp://www.virginamerica.com.

 LG is First in Industry to Distribute Home Appliances, Solar Panels and Various Consumer Electronics with CarbonFree® Sustainability Label

.image

Helping to educate consumers and retailers about environmental sustainability, LG Electronics and the Carbonfund.org Foundation announced today that LG products have earned the new CarbonFree® Certification label.  The new CarbonFree LG products, including consumer electronics, home appliances and solar panels, will be available in the United States in early 2012.

Working with the Carbonfund.org Foundation, the leading nonprofit carbon reduction and climate solutions organization, LG completed a life cycle analysis (LCA) on six core products to determine their carbon footprints from raw material extraction and production to use and disposal. CarbonFree Certification is a transparent, meaningful label that distinguishes products that have undergone this rigorous third-party certification process.

Page 13 of 13