SilkAir Signs Long-Term Flight Hour Agreement with Goodrich for A320 Nacelles

Oct. 9, 2008

CHARLOTTE, N.C. , Oct. 9, 2008 /PRNewswire-FirstCall/ -- Goodrich Corporation (NYSE: GR) has signed a long-term Flight Hour Agreement (FHA) with SilkAir, a regional airline wholly owned by Singapore Airlines, for spares and maintenance support of the airline's Airbus A320 engine nacelles. The agreement is part of Goodrich Aerostructures' Prime Solutions(SM) suite of flexible service solutions for nacelle maintenance.

Spanning more than 12 years, the long-term agreement will ensure SilkAir's growing fleet of A320s to have its engine nacelles maintained by the Goodrich Aerostructures Service Center - Asia (GASCA). The GASCA facility recently expanded, doubling the size of its MRO facility in Singapore to more than half a million square feet of shop space.

"Goodrich is able to offer a custom nacelle program that addresses SilkAir's unique needs. The program gives us assurance of spares and maintenance support when required, and helps us achieve long-term cost savings," said SilkAir Engineering Manager, Mr. Chan Mun Chung .

"We always strive to ensure that our customers get the best possible nacelle maintenance support," said Bob Gustafson , vice president and general manager of Aftermarket Services for Goodrich Aerostructures. "This long-term partnership with SilkAir is a resounding endorsement of Prime Solutions and we look forward to working hand in hand with SilkAir over the life of the agreement."

SilkAir currently operates a fleet of 15 V2500-powered Airbus aircraft - nine A320s and six A319s - and has firm orders for another 11 aircraft to be delivered over the next few years. SilkAir extends the Singapore Airlines Group's footprint in Asia by offering extensive connections from Singapore to 29 destinations across 12 countries in the region.

As the original equipment manufacturer for the A320 nacelles, Goodrich Aerostructures has been supporting numerous airlines worldwide with similar long-term Prime Solutions packages, including British Airways, AirTran, Jetstar and EgyptAir.

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 .

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.

SOURCE Goodrich Corporation; GR - Nacelles and Interior Systems

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