flydubai Selects Goodrich Carbon Brakes for Boeing Next-Generation 737 Aircraft

Mon Nov 16, 2009 12:15am EST
 
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CHARLOTTE, N.C., Nov. 16, 2009 /PRNewswire-FirstCall/ -- Goodrich
Corporation's (NYSE: GR) Aircraft Wheels and Brakes business has been selected
by flydubai to supply wheels and carbon brakes for its new fleet of 54 Boeing
Next-Generation 737-800 aircraft.  The selection is expected to generate up to
$22 million in revenue over the life of the contract, including aftermarket
support.  Aircraft deliveries with the Goodrich wheel and brake equipment are
expected to begin in March 2010 and continue through 2013.  

The wheels and carbon brakes will use Goodrich's proprietary DURACARB® carbon
material, which will provide a weight savings of approximately 700 pounds (318
kg) per airplane compared to high capacity steel brakes, and 550 pounds (250
kg) compared to standard capacity steel brakes.

Jim Wharton, vice president of sales and program management for Goodrich
Aircraft Wheels and Brakes, said, "Selection of Goodrich advanced lightweight
wheels and carbon brakes will improve the operational performance of
flydubai's new Next-Generation 737 fleet.  Our DURACARB® is becoming the
industry benchmark, offering superior landing performance with lower weight,
reducing fuel burn and lowering carbon dioxide emissions."   

Ghaith al Ghaith, Chief Executive Officer of flydubai, said, "As the region's
premier low cost airline, we look forward to realizing many advantages with
Goodrich's revolutionary DURACARB® carbon brake product. This product will
increase our brake removal intervals and significantly reduce the weight of
the aircraft in service, thus enabling us to lower our operating costs.  We
also will enjoy the added benefit of fewer emissions due to the significant
weight savings the Goodrich wheels and brakes bring to our Next-Generation 737
fleet." 

Owned by the government of Dubai, flydubai is Dubai's first low cost airline
and started commercial flights on June 1, 2009. The airline currently has a
fleet of five Next-Generation B737-800 aircraft and operates to eight routes,
making it one of the fastest growing start-up airlines in the world.

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. 

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 amount of aircraft actually delivered to the customer; the
actual amount of product purchased under the contract; and potential
cancellation of the orders by the customer. 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, 2008 and the company's quarterly report on Form 10-Q for
the quarter ended September 30, 2009. 

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 - Actuation and Landing Systems

Media Contact: At Dubai Air Show, Martin Butler, +44 7774 125885 M; In U.S.:
Valerie Francis, +1-937-440-2313 O; or Paul Gifford, Investor Relations,
+1-704-423-5517

 

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