Goodrich and Emirates sign letter of intent for evacuation systems MRO for Airbus A380s

Posted on: Mon, 16 Nov 2009 07:59:00 EST


Symbols: GR
Nov 16, 2009 (AIRLINE INDUSTRY INFORMATION via COMTEX) --
GR | Quote | Chart | News | PowerRating -- Goodrich Corporation (NYSE:GR) announced on Sunday that it has signed a
letter of intent (LOI) with Emirates to become the exclusive provider
of evacuation system maintenance, repair and overhaul (MRO) services
for the Dubai-based airline's fleet of 58 Airbus A380 aircraft.

Financial details were not disclosed.

According to Goodrich it expects a 12-year agreement between the
companies to be signed shortly. Under this agreement the work will be
performed by Goodrich's MRO campus in Dubai.

The Goodrich facility in Dubai currently provides Emirates with MRO
support for cabin attendant seats, cargo systems, electronic engine
controls, sensor systems, nacelle systems and other components and
systems.

Comments on this story may be sent to aii.feedback@m2.com

For full details on Goodrich Corp (GR) GR. Goodrich Corp (GR) has Short Term PowerRatings at TradingMarkets. Details on Goodrich Corp (GR) Short Term PowerRatings is available at This Link.

UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.