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Airbus Selects Goodrich for A320 Family Cabin Attendant Seats


CHARLOTTE, N.C., Feb. 17 /PRNewswire-FirstCall/ --(Singapore Airshow)-- Airbus has selected Goodrich Corporation (NYSE: GR) to provide cabin attendant seats for the A320 Family of aircraft. The award is expected to generate $100 million in revenue to support new production aircraft, retrofit sales and spares over the life of the program. With this new contract, Goodrich cabin attendant seats are featured on the entire family of Airbus aircraft including the A300, A330, A340 and A380.

The seats will be produced by Goodrich Interiors' facility inColorado Springs, Colorado. Design and development work will commence in the first quarter of 2008, and production deliveries are scheduled to start in the third quarter 2008.

The 16G single-aisle cabin attendant seats incorporate improvements in reliability and safety, and meet the most stringent government regulations for emergency landing protection. Seats will be installed on new production A320 Family aircraft; in addition, airlines may choose to retrofit fleet aircraft with the improved seats.

Tom Mepham, President of Goodrich Interiors, stated, "We are proud to continue our long-term relationship with Airbus by providing new cabin attendant seats for the entire A320 Family comprising the A318, A319, A320 and A321. These improved 16G seats will provide the utmost in safety for aircrews on one of the most popular airliners in service today."

Airbus has more than 2,500 A320 Family aircraft on order for delivery between 2008 and 2017. Currently, more than 3,300 A320 Family aircraft are in service worldwide. Other Goodrich content on the A320 includes nacelle systems, flight controls, wheels and brakes, engine components, electrical generation equipment, air data sensors and systems, ice detection and protection systems, heated floor panels and lighting systems.

Goodrich Corporation, a Fortune 500 company, is a global supplier of systems and services to aerospace, defense and homeland security markets. With one of the most strategically diversified portfolios of products in the industry, Goodrich serves a global customer base with significant worldwide manufacturing and service facilities. For more information visit http://www.goodrich.com.

Editorial note: Federal Aviation Regulations (FAR) require that passenger and crew seats in commercial service be designed and shown to protect each occupant during an emergency landing; seats that comply with these criteria are frequently referred to as "16G seats." Refer to Part 25 of the FAR for more information.

Goodrich Corporation operates through its divisions and as a parent company for its subsidiaries, one or more of which may be referred to as "Goodrich Corporation" in this press release.

Forward Looking Statements

Certain statements made in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the company's future plans, objectives, and expected performance. Specifically, statements that are not historical facts, including statements accompanied by words such as "believe," "expect," "anticipate," "intend," "estimate," or "plan," are intended to identify forward-looking statements and convey the uncertainty of future events or outcomes. The company cautions readers that any such forward-looking statements are based on assumptions that the company believes are reasonable, but are subject to a wide range of risks, and actual results may differ materially.

Important factors that could cause actual results to differ include, but are not limited to: the overall demand for the Airbus A320 and the actual amount of product purchased by Airbus under the contract. Further information regarding the factors that could cause actual results to differ materially from projected results can be found in the company's filings with the Securities and Exchange Commission, including in the company's Annual Report on Form 10-K for the year ended December 31, 2006 and the company's quarterly report on Form 10-Q for the quarter ended September 30, 2007.

The company cautions you not to place undue reliance on the forward- looking statements contained in this release, which speak only as of the date on which such statements were made. The company undertakes no obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date on which such statements were made or to reflect the occurrence of unanticipated events.

SOURCE Goodrich Corporation; GR - Nacelles and Interior Systems

Tags: ,ARO,CON,TDS,Goodrich-Airbus-A320

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