EANS-News: FACC Operations GmbH signs work packages for the Airbus A320 family (with photo)

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Subtitle: - Large orders for the manufacturing of structural and
interior components builds on a long-term business relationship -
Business volume of FACC with the A320 family increases significantly

Contracts

Ried - FACC is successfully strengthening its position as a Tier 1
Supplier of Airbus:The Austrian aerospace supplier FACC Operations
GmbH, a subsidiary of the public listed company FACC AG, and Airbus
today announced the signing of a contract for an additional work
package for the A320 aircraft family. The contract includes the
production, as a second source, of Sharklet wing tip devices for the
single-aisle aircraft from Airbus.

Only recently, FACC was taken under contract by Airbus for the
redesign and manufacture of overhead stowage bins, ceiling panels and
cove light panels as well as for the manufacture of the Aft Belly
Fairings for the A320 family. The total order volume of the three
work packages is approximately 450 million US$ according to the
current state of the aircraft orders, and envisages deliveries over a
period of at least 10 years. In the context of the Sharklet Retrofit
project from Airbus, the first delivery of Sharklets is scheduled
mid-2015 and FACC will produce the components in its Aerostructures
facility in Ort im Innkreis/Austria.

"The A320 Family is the world's best-selling aircraft family, not
least because the product line is constantly being modernised and
fitted with the latest technology," says Walter Stephan, CEO of FACC
AG. "We are even more pleased that Airbus is relying on the strong
positioning of the FACC as a recognised leader for technology and
quality in the field of fibre composite applications. The appointment
is further evidence of our expertise and gives us the opportunity to
contribute with innovative solutions to a higher efficiency of the
A320 family."

Sharklets are large wing tip devices, designed by Airbus, made from
light-weight composites. They are an option on A320 Family aircraft
and standard on all members of the new A320neo Family. They offer
operators four per cent fuel burn reduction on longer range sectors
and provide the flexibility of either adding an additional 100
nautical miles range or increased payload capability of up to 450
kilograms.

Thanks to ongoing innovations in materials, processes, technology and
its very well-trained staff, FACC has established itself as a major
subcontractor of Airbus for the entire A320 family (single-aisle
aircraft of types A318, A319, A320 and A321), and will extend its
supply services to the new A320neo in future. In addition to the
newly placed work packages for sharklets, aft belly fairings and the
various cabin components, FACC also supplies the ram air inlets,
antenna parts, connecting angles, outboard flaps, Karman fairings and
fan cowls. The delivery of components for more than 4,300 aircraft of
the A320 family emphasises the expertise of FACC in development and
production.

With the new orders FACC will increase their scope of supply for the
two most common models A321/A320 from a baseline of 100% in 2010 to
236% for the A321, and 220% for the A320 in 2017. During the same
period, the sales volume of the FACC will record a growth rate of at
least 240 % with the A320 programme, depending on market demand. In
this way, the new work packages are making an important contribution
to securing the growth plans of the company. In addition to the A320
family, FACC is also a supply partner of Airbus for various fibre
composite components for the A330 and A380 series programmes, as well
as for the new A350 XWB programme.

About FACC FACC AG is one of the world's leading companies in the
design, development and production of advanced fiber reinforced
composite components and systems for the aviation industry. Their
range of products reaches from structural components for the fuselage
and wings to engine components to complete passenger cabins for
commercial aircraft, business jets and helicopters. FACC is a
supplier to all large aircraft manufacturers such as Airbus, Boeing,
Bombardier, Embraer, Sukhoi, and COMAC as well as for engine
manufacturers and sub-suppliers of manufacturers.

In the business year of 2013/14, FACC achieved a turnover of 547.4
million Euros. The companycurrently employs 3,000 employees.Further
information can be found under www.facc.com.

Cautionary Statements Some of the information in this press release
may contain projections or other forward-looking statements regarding
future events or the future financial performance of the Company. You
can identify forward looking statements by terms such as "expect,"
"believe," "anticipate," "estimate," "intend," "will," "could," "may"
or "might," or, in each case, the negative of such terms or other
similar expressions. We wish to caution you that these statements are
only predictions and that actual events or results may differ
materially. We do not intend to update these statements to reflect
events and circumstances occurring after the date hereof or to
reflect the occurrence of unanticipated events. Many factors could
cause the actual results to differ materially from those contained in
our projections or forward-looking statements, including, among
others, general economic conditions, our competitive environment,
risks associated with our industry, as well as many other risks
specifically related to the Company and its operations.

Pictures with Announcement:
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Further inquiry note:
Presse:
Andrea Schachinger
Corporate Communication
Tel: 059/616-1194
E-Mail: a.schachinger@facc.com

Investor Relations:
Andreas Schoberleitner
Vice President Finance & IR
Tel: 059/616-1322
E-Mail: a.schoberleitner@facc.com

end of announcement euro adhoc
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Pictures with Announcement:
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http://resources.euroadhoc.com/us/hCy0ZotM

company: FACC Operations GmbH
Fischerstraße 9
A-4910 Ried
phone: +43-59-616-0
FAX: +43-59-616-81000
mail: office@facc.com
WWW: www.facc.com
sector: Industrial Components
ISIN: AT0000A10J83
indexes:
stockmarkets: Regulated free trade: Wien
language: English