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300 mil. USD aviation industry contract for Austrian FACC

July 21, 2010

The successful collaboration between the Austrian company FACC AG and Aviation Partners Boeing (APB) in Seattle will continue: In April 2010 a contract extension was signed in Seattle that deals with the delivery of blended winglets for the Boeing 737 Next Generation as well as for the Boeing 757. The framework contract is for a volume of over 300 million USD and stipulates delivery for the entire lifetime of the product - prospectively until into 2019.

FACC and APB started working together in 2002 after signing a production contract and this collaboration has developed positively over the past years. So far FACC has equipped 2,820 Boeing airplanes with winglets, and deliveries of a similar volume are planned for the next ten years. FACC is a system supplier of blended winglets to Aviation Partners Boeing and Boeing Seattle for the aircraft models Boeing BBJ, Boeing 737-700/- 800, Boeing 757-200 and Boeing 737-900ER and manufactures all production and retrofit blended winglets for these aircraft models. As a subcontractor of Aviation Partners, FACC also manufactured and developed the winglet prototypes for the Airbus A320.

Better Aerodynamics - Higher Efficiency

The winglets, which measure 2.4 m long and 1.2 m wide at the base, revolutionized aerodynamic performance and save fuel, but also take a giant step towards eco-friendliness. The main advantages of Aviation Partners Boeing's blended winglet technology are lower fuel consumption, increased range and more dash speed. The improved aerodynamics at the end of the wings is what guarantees the airlines higher efficiency when operating their fleets. Blended winglets shaped in the form of a bird's wing lengthen the wing in a curved radius, reduce air vortex and drag at the wing's tip, resulting in much better performance and lower operating costs. Conventional winglets, which angle up from the wing at more or less straight obtuse angles, diminish drag. But with their curved transition between wing and winglet and precisely designed airfoil, the blended winglets do it up to 60 percent better.

About FACC

FACC AG is one of the world's leading companies in the 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 passenger planes and helicopters. FACC is a supplier to all large aircraft manufacturers such as Airbus, Boeing, Bombardier, Embraer and ACAC as well as for engine manufacturers and sub-suppliers of manufacturers. In the 2008/09 business year, FACC achieved a turnover of 265.3 million EUR and employed some 1,600 employees worldwide.