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EANS-News: FACC AG awarded contract for the new A330neo (with photo)

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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
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Subtitle: Fan cowls for the A330neo are to be developed and manufactured by
FACC, long-standing cooperation with Aircelle successfully expanded


Contracts

FACC AG has been awarded a contract by Aircelle (Safran),a leading player in the
worldwide nacelle market for aircraft engines, to be the single source supplier
of fan cowls for the new Airbus A330neo (new engine option) aircraft. The order
provides for the development, industrialisation, ramp-up and full rate
production of the fan cowls for the entire lifetime of the aircraft programme
and will, depending on the sales success of the A330neo, generate a turnover
volume of more than US$ 100 million for FACC. The delivery of the first parts is
planned for third quarter 2016.
 
Aircelle with its headquarters in Gonfreville l'Orcher (France) is the
development and manufacturing partner for the engine nacelles for Airbus' latest
A330 version launched in July 2014. Airbus has selected the new Rolls-Royce
Trent 7000 as the single engine option to power the two variants of the wide
body twin-jet A330neo. This current order will deepen the longstanding strategic
cooperation between Aircelle and FACC and enable FACC to extend its position as
a development and manufacturing partner of complex and ready-to-install
solutions in the field of fan cowls. "We see the contract award as a strong
reinforcement of our successful cooperation with Aircelle which has been in
existence for many years," emphasised Walter A. Stephan, CEO of FACC AG, on the
occasion of the contract signing. "We are proud that FACC's lightweight solution
- integrated in Aircelle's advanced nacelle system - will fly on the new,
efficient A330neo and will contribute to the Airbus aircraft of tomorrow."

FACC will manufacture the fan cowls in its Engines & Nacelles plant in
Reichersberg (Austria) using advanced carbon fibre reinforced plastic technology
and supply them to Aircelle facility in Toulouse as a ready-to-install assembly.
The fan cowls are designed as part of the aerodynamic fairing for the engine.
They function as moveable doors for the regular control inspections and
maintenance of the engines during the operation of the aircraft. Within the
framework of the development phase currently underway, FACC is optimising the
components with regard to weight and structural strength as well as for
aerodynamic aspects. "Through our comprehensive expertise in the field of
nacelle composites we are able to provide Aircelle an innovative product
solution featuring a world class performance in terms of technology, quality
performance and cost efficiency," said Robert Braunsberger, FACC Vice President
Engines & Nacelles.

In addition to the fan cowls for the A330neo FACC has a long standing
relationship with Aircelle since 1995, doing bypass ducts for business jets for
Embraer and Cessna aircraft.
 
About FACC
FACC AG is one of the world's leading companies in the design, development and
production of advanced fibre 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 more than 3,100 employees.
Further information can be found under www.facc.com.
  
About Aircelle (www.aircelle.com)
Aircelle is the second largest nacelle systems provider worldwide, and the
leader globally for nacelles on top-of-the-line business jets. A subsidiary of
Safran, it employs 3,500 people at seven sites in France, the United Kingdom and
Morocco. Aircelle provides nacelle systems for all the market segments, from
regional and business aircraft to the largest airliners. Aircelle also is
developing the worldwide customer support and service activity for nacelles and
their components.
Pictures with Announcement:
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http://resources.euroadhoc.com/us/KsHPNnX9

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

end of announcement                               euro adhoc 
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Pictures with Announcement:
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http://resources.euroadhoc.com/us/KsHPNnX9
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company:     FACC AG
             Fischerstraße 9
             A-4910 Ried im Innkreis
phone:       +43/59/616-0
FAX:         +43/59/616-81000
mail:         office@facc.com
WWW:      www.facc.com
sector:      Industrial Components
ISIN:        AT00000FACC2
indexes:     
stockmarkets: Regulated free trade: Wien 
language:   English

Original content of: FACC AG, transmitted by news aktuell

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