Airbus Authorizes Goodrich to Repair Proprietary Components

Work will be performed at Goodrich's Foley, Ala. service facility

(Charlotte, N.C., April 1, 2008) -- Goodrich Corporation (NYSE: GR) has entered into an agreement with Airbus North America Customer Services Inc. to perform repair work on a variety of proprietary components at its Foley, Ala. maintenance, repair, and overhaul (MRO) facility known as the Alabama Service Center. Under the agreement, the facility becomes one of two Airbus-endorsed repair stations for structural components in the Americas; in addition, it is now one of three repair stations in the Americas that Airbus has chosen to work on its proprietary parts. The main product lines the facility expects to service include flight control surfaces, pneumatic ducting and access doors, such as landing gear doors.

Under the agreement, Goodrich and Airbus will jointly market these repair services to operators. Airlines will now have the option of routing damaged Airbus proprietary components, including those under new aircraft warranty, directly to the Goodrich facility for refurbishment. With the agreement, the facility will become a member of the extended Airbus "family," with direct access to Airbus support and resources including technical data, engineering and supply chain.

"This agreement creates a partnership between Goodrich and Airbus that benefits all Airbus operators in the Americas," said Stuart Kay, general manager of the Alabama Service Center. "It also elevates the level of MRO services that we provide and furthers our goal of being a total solutions provider."

Source : Goodrich Corporation

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