||AVIATION TECHNICAL SERVICES
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BFG-2003-10 CHARLOTTE A
BFG-2003-10 CHARLOTTE B
BFG-2004-02 CHARLOTTE A
BFG-2004-02 CHARLOTTE B
BFG-MAINTENANCE MRO - A
BFG-MAINTENANCE MRO HANGAR
JET AIRPLANE, MAINTENANCE, REPAIR, & OVERHAUL (MRO) COMPANY. HQ IN AKRON, OHIO. JET AVIATION DIVISION (MRO) AT (TRAMCO), PAINE FIELD, EVERETT, WASHINGTON STATE REFERRED TO AS AVIATION TECHNICAL SERVICES (ATS).
AUGUST 1996: 727-281 (21474, /78 N240RC) BOUGHT FROM QUAKER COAL (QCC).
NOVEMBER 2000: DAVID SHAW PRESIDENT AVIATION SERVICES DIVISION, EVERETT, WASHINGTON.
DECEMBER 2000: ROBERT DIAL VP MAINTENANCE & QUALITY CONTROL AVIATION SERVICES, EVERETT, WASHINGTON.
MARCH 2001: IN APRIL 2001, ASKING SHAREHOLDERS TO APPROVE NAME CHANGE FROM "BFGOODRICH" TO "GOODRICH CORPORATION."
DELIVERS 50TH SUPER 27, RE-ENGINING KIT. WITH ORDERS FOR 61 AIRPLANES, THE PROGRAM HAS MORE COMMITMENTS THAN ANY OTHER COMMERCIAL JET AIRPLANE RE-ENGINING PROGRAM, WITH THE EXCEPTION OF THE DC-8-70. THE PROGRAM EXTENDS THE LIFE OF 727-200'S WITH NEW NACELLES, AND ENGINES FROM (BF) GOODRICH AEROSTRUCTURES & (P&W).
APRIL 2001: SHAREHOLDERS APPROVE NAME CHANGE TO "GOODRICH," FROM "BFGOODRICH."
USES INDEPENDENT AEROSPACE EXCHANGE "AVOLO" MAINTENANCE REPAIR & OVERHAUL (MRO) MODULE, WHICH ALLOWS USERS TO FIND AND COMPARE (MRO) FACILITIES, AND REQUEST ESTIMATES.
1ST QUARTER = +$52.6 MILLION (+$48.9 MILLION).
MAY 2001: THE (FAA) AWARDED (BFG) THE AVIATION MAINTENANCE TECHNICIAN (AMT) CORPORATE "DIAMOND" AWARD.
SEPTEMBER 2001: (email@example.com).
OCTOBER 2001: GOODRICH (BFG) IS TO CUT -2,400 JOBS AND CLOSE 16 FACILITIES IN MASSIVE RESTRUCTURING OF ITS AEROSPACE BUSINESS TO REFLECT THE AIRLINE INDUSTRY DOWNTURN. THE JOB CUTS REPRESENT -12.5% OF (BFG)'S 19,000 AEROSPACE WORKERS.
JANUARY 2002: MARSHALL LARSEN PRESIDENT & (COO); VANCE COFFMAN CHAIRMAN; & JOHN DOUGLAS PRESIDENT AND (CEO). MICHAEL PISCATELLA GROUP PRESIDENT - AEROSTRUCTURES & AVIATION TECHNICAL SERVICES.
4TH QUARTER = -$54 MILLION. EXCLUDING SPECIAL CHARGES = +$73 MILLION.
(firstname.lastname@example.org - TRAMCO).
MAY 2002: BRIAN BRANDEWIE PRESIDENT AVIONICS SYSTEMS.
June 2002: (TRW)'s agreement with Goodrich Corporation (BFG), for the purchase of its Aeronautical Systems business, for $1.5 Billion cash, will be completed. (TRW) Aeronautical Systems, formerly known as Lucas Aerospace, manufactures and supports flight and engines control systems, cargo systems, power and utility systems, and missile actuation systems.
September 2002: Jennifer Pollino President Aircraft Wheels & Brakes Division.
December 2002: Goodrich's Aviation Technical Services formed a 3-year alliance with Tracer Repair & Overhaul Services, to outsource the marketing and sales of its spare parts inventory.
Goodrich signed a multi-year agreement with Aviation Partners Boeing for Goodrich's Aviation Technical Services facility in Everett, Washington State, to become an approved service center for the installation of (APB) 737 Blended Winglets.
January 2003: David Burner Chairman/(CEO) is expected to retire in 4/04. He will remain Chairman until 10/03, until the Board of Directors meeting, when the board is expected to name Marshall Larsen, Chairman/(CEO) to succeed him. Marshall Larsen is scheduled to become (CEO) in 4/03.
Goodrich Corporation (BFG) to sell its avionics business (Goodrich Aviation Systems) to L-3 Comunications (ESM) for $188 Million cash.
February 2003: $6 Billion contract for A380 primary/standby air data systems.
Goodrich Corporation signs a 757-200 passenger-to-freighter conversion agreement with Precision Conversions, who will design, certify, and manufacture the conversion kit, and (BFG) will modify the prototype airplanes.
March 2003: Tom Mepham President Cargo systems Division. Ron Frederick President Turbomachinery Division, Chandler, Arizona, ex-President Garrett Aviation Services.
May 2003: 1st Q = +$29 Million (+$14 Million): 41.6% Airframe Systems; 35.2% Engine Systems; & 23.2% Electronic Systems. Will reduce employment by -8.5%.
June 2003: 727-2D3F (21021) & 727-225F (21453) returned from Cougar Cargo (CLL).
July 2003: 2nd Q = +$14.4 Million (+$45.9 Million): (sales): Airframe Systems $451 Million ($326.5 Million); Engine Systems $384 Million ($353.2 Million); & Electronic Systems $259.5 Million ($219.8 Million).
October 2003: Eric Schulz President Aviation Technical Services, Everett, WA, ex-(CEO) of (EADS) Aeroframe Services, replaces Dave Shaw, now VP New Business Model Projects.
November 2003: Lufthansa Cargo (LUB) selects Goodrich (BFG) to provide main deck cargo power drive systems for 5 MD-11's.
3rd Q = +$34 Million (+$46 Million), due to continued weakness in the commercial aerospace market.
March 2004: (ILFC) (ILF) contract with Precision Conversions to convert (SHA)'s 2 757-26D's (24471; 24472) from passenger to freighters, starting in 8/04, at the Goodrich (BFG) facility, Everett, with both returning to service in 1st Q/05. The full 15 container converted 757-200F features a basic payload of 68,000-70,000 lbs with approximately 6,600 cubic ft of cargo space on its main deck. An additional 1,790 cubic ft of cargo space is available in the lower holds located forward and aft of the wing.
June 2004: Goodrich Corp's Aerostructures Division implemented Enigma 3C to build its new Illustrated Parts Catalogs (IPC)'s.
July 2004: 727-2D3F (21021) & 727-225F (21453), returned to Willis Air Finance, sold to Amerijet International (AMJ).
August 2005: Scott Kuechle Senior VP & (CFO), succeeds Rick Schmidt, who is leaving to become (CFO) of Spirit AeroSystems.
October 2005: Goodrich (BFG) was selected to supply wheels and brakes to (UAE)-based Etihad Airways (EHD)'s fleet of new 777-300ERs.
November 2005: Goodrich Corporation (BFG) was chosen by Hamilton Sundstrand Power Systems to supply an integrated fuel injection system for the APS5000 APU for the 787. Boeing (TBC) earlier awarded Goodrich contracts for the 787's cargo handling system, wheels and electronic braking, exterior lighting, nacelles and thrust reversers, proximity sensing system, fuel quantity indicators and fuel management software.
Goodrich Corporation (BFG) appointed VP-Internal Audit Scott Cottrill VP & controller.
December 2005: Goodrich (BFG) announced an agreement with JetBlue Airways (JBL) to provide exclusive maintenance for the Goodrich (BFG) component content on its A320 fleet, which ultimately could exceed 200 airplanes. The long-term agreement covers actuation, lighting, fuel and utility systems and potable water system components among others.
January 2006: The USA (FAA) proposed to fine Alaska Airlines (ASA) $500,000 for flying a 737 without required cabin floor lighting on 478 revenue flights between July 12 and December 2, 2004. The (FAA) said Goodrich Aviation Technical Services (BFG) performed "extensive" maintenance, repair & overhaul (MRO) on the airplane but did not reinstall the floor proximity lighting system's emergency exit identifier lights. Following 40 additional inspections, (ASA) discovered the problem and installed the identifier lights on February 2, 2005. 8 days later, an (FAA) inspector notified (ASA) that incorrect lights were installed but it operated the airplane on "at least" 43 more revenue flights before replacing the lights on February 16, according to the (FAA). (ASA) requested an "informal conference" to discuss the penalty on January 18, the (FAA) said.
March 2006: Goodrich (BFG) named Segment President Electronic Systems John Grisik its new executive VP Operational Excellence & Technology effective March 15. He will be succeeded by President Sensor Systems Jerry Witowski, who will be succeeded in turn by President Actuation Systems Brian Gora.
Goodrich (BFG) was selected by Boeing to supply the flight deck lighting system and cabin attendant seating for the 787. Goodrich (BFG) valued the contracts at up to $110 million in original equipment and aftermarket sales over the initial contract period.
April 2006: Goodrich Corporation (BFG) was selected by Boeing (TBC) to supply a Flight Deck Entry Video Surveillance System for the 787, which will be offered as an option to customers. The system includes video cameras that allow crews to see in total darkness, a video server designed to interface with the airplane's Electronic Flight Bag (EFB) system and (EFB) client server applications, Goodrich (BFG) said.
Goodrich (BFG) named Bill Ashworth to the post of Division President Aviation Technical Services (ATS). He has 10 years of experience at (ATS), most recently serving as VP Operations. He replaced Eric Schulz, who has been appointed Division President Actuation Systems.
Precision Conversions will provide a 757-PCF conversion to Ethiopian Cargo (ETH). The airplane currently is being operated in passenger configuration by Ethiopian (ETH). Modification will take place at Goodrich (ATS) (BFG) in Everett, Washington, USA.
May 2006: Goodrich Corporation (BFG) appointed Tom Mepham, formerly President Customer Services, to the position of President of the Aircraft Interior Products division. Paul Snyder, formerly VP Enterprise Business Development for the Customer Services division, succeeds Mepham as President.
June 2006: Goodrich Corporation (BFG) was selected by Hawaiian Airlines (HWI) to perform heavy maintenance checks, interior standardizations, painting and Extended Twin Engine OPerationS (ETOPS) modifications and other work on 4 767-300s prior to their entry into service later this year.
Goodrich (BFG) broke ground on a 300,000-sq-ft expansion of its Singapore-based nacelle/thrust reverser Maintenance Repair & Overhaul (MRO) facility. Expected to be complete in December 2007, the expansion more than doubles the size of the existing 230,000-sq-ft complex. Goodrich (BFG) Aerostructures Service Center-Asia will occupy most of the facility. The company will relocate its Singapore-based Customer Services and Aircraft Interior Products service centers into the complex as well.
Goodrich (BFG) announced that its agreement to sell its Turbomachinery Products business to Turbo Machinery Products Inc, a privately held company formed by Admiralty Partners Inc, was terminated. Goodrich (BFG) will continue to operate Turbomachinery Products as an ongoing concern.
July 2006: Goodrich (BFG) said that it shipped proximity sensors from its Vermont fuel and utility systems facility to Boeing last month for installation on 787s, becoming the 1st 787 Dreamliner supplier to ship production components.
August 2006: Goodrich (BFG) inked a contract valued at up to $4 million to overhaul landing gear on Asiana Airlines (AAR) 737, 747, 767, and 777 airplanes.
September 2006: Goodrich (BFG) is expanding its Aerostructures Prestwick Service Center in Scotland. The facility, originally opened in 2004, will double in size to 250,000 sq ft. The plant provides maintenance support services for engine nacelles and thrust reversers, flight controls, quick engine change and engine buildup components.
January 2007: Goodrich (BFG) said it now is capable of offering total nacelle support for the (GEnx) engine and that the service will be available to (GE) OnPoint Solutions customers, via a marketing agreement with (GE) Aviation.
Goodrich (BFG) signed a $10 billion, 20-year contract with Airbus (EDS) to provide nacelle and thrust reverser systems for all variants of the A350 XWB, which was relaunched last month. Goodrich (BFG) will integrate its technology into each engine offering and provide Airbus (EDS) with complete propulsion systems for installation during final assembly. It becomes the 1st large equipment integrator chosen for the revamped A350. It also is supplying equipment for the 787 Dreamliner and last year opened a new nacelle integration facility in Everett, Washington, USA, to support 787 Dreamliner final assembly.
February 2007: Goodrich (BFG) reached a deal to provide landing gear Maintenance Repair & Overhaul (MRO) on Korean Air (KAL)'s fleet of 747s and 737NGs.
March 2007: Goodrich (BFG) reached a deal with Shanghai Airlines (SHA) to supply wheels and electrically actuated brakes for its 9 787s, which it will put into service starting next year.
April 2007: Goodrich Corp (BFG) unveiled "Prime Solutions," a full-service nacelle system aftermarket Maintenance Repair & Overhaul (MRO) program, that it said "will give airline customers the option of no longer having to invest in nacelle maintenance infrastructure." Prime Solutions customers can tailor packages to include (MRO), spares management, rotables and other assets and dedicated technical support. Goodrich (BFG) Aerostructures Aftermarket Services General Manager, Bob Gustafson said the company is "moving away from traditional supplier-customer relationships" in order to forge longer-term commitments, adding that as the Original Equipment Manufacturer (OEM), it was positioned to offer a "thorough understanding of our product life cycle."
Goodrich (BFG) reached a deal with (TAM) (TPR) to provide nacelle and thrust reverser service for the Brazilian carrier's A320 fleet. In conjunction with the agreement, Goodrich (BFG) will open a 30,000-sq-ft repair station in Sao Carlos later this year. Technicians will work on (IAE)/(V2500-A5) engine inlets, fan cowls and thrust reversers. Eventually, the facility will be capable of servicing the same components on (CFM56-5B)s and (CF6-80E1)s. Gustafson called the Sao Carlos facility "a significant milestone in our regional marketing strategy." (TAM) (TPR) currently flies 70 A320 family airplanes.
May 2007: Goodrich (BFG) was selected by China Southern Airlines (GUN) to supply wheels and electronically actuated brakes for 10 787s on order.
June 2007: Goodrich (BFG) was selected by the (TUI) Group (TUG) to provide Maintenance Repair & Overhaul (MRO) nacelle system services and support across its group of airlines. In total, the carriers operate a fleet of approximately 120 airplanes.
Goodrich (BFG) said Lufthansa (DLH) is performing in-service evaluation of its laptop docking station electronic flight bags (EFB) on an A340.
Emirates Airlines (EAD) chose Goodrich (BFG) to provide laptop docking station Electronic Flight Bag (EFB) systems for its 747, 777, A310, A330 and A340 airplanes, including Goodrich (BFG)'s (EFB) display and laptop docking station hardware, as well as (EFB) software. Goodrich (BFG) will provide system design, development, complete integration and Supplemetary Type Certificates (STC)s for each airplane type. Deliveries of retrofit systems will begin shortly after receiving (STC)s, expected later this year.
July 2007: Goodrich Corporation (BFG) signed a new long-term agreement with Boeing (TBC) under which Goodrich (BFG) will continue as the exclusive supplier of original equipment and aftermarket landing gear for the 737, 747, 767 and 777 programs through 2012.
Goodrich (BFG) will provide asset management services, including component and system maintenance and technical support, on Goodrich (BFG)-made components and systems on board 19 A380s ordered by Singapore Airlines (SIA). (SIA) takes its 1st A380 in October.
October 2007: Goodrich (BFG) was selected by World Airways (WLD) to refurbish thrust reversers on World (WLD)'s MD-11s, as well as offer rotable support under a 3-year contract.
Goodrich Corporation (BFG) announced that it is selling its heavy maintenance base, Goodrich Aviation Technical Services (ATS) in Everett, Washington, USA to Australia's Macquarie Bank. Subject to regulatory clearance, the sale is expected to close in the 4th quarter. Price was not disclosed. (ATS) employs >1,200 at the 950,000 sq ft facility, offering heavy airframe checks, component repair and overhaul, engineering & modifications, and cargo conversions. Prior to its 1988 acquisition by Goodrich (BFG), it operated as (Tramco).
A Macquarie spokesperson said that it will be "business as usual" for the unit and that the current management team will be retained. The decision to acquire the Maintenance Repair & Overhaul (MRO) facility, which counts Southwest Airlines (SWA) among its major customers, is "a natural extension of our growth and experience in the airline industry," the spokesperson said. Macquarie, which was a leader in the failed bid to buy Qantas (QAN), also is active in airport ownership, airplane and engine leasing, plus (FBO)s.
November 2007: Goodrich (BFG) and Turkish Technic (THY) signed a Memo of Understanding (MOU) to establish a joint venture (JV) in Istanbul, to perform maintenance and repair work on nacelles. The (JV), to be known as Goodrich (BFG) (HABOM), will provide Maintenance Repair & Overhaul (MRO) services and rotable support for nacelles on Turkish Airlines (THY) airplanes. It anticipates opening a certified repair station at Sabiha Gokcen International in 2009. "In addition to servicing the Turkish Airlines (THY) fleet, the planned 43,000-sq-ft facility would also focus on (MRO) support for other carriers in Turkey and the neighboring region," Goodrich (BFG) said.
December 2007: Goodrich (BFG) agreed to make its Aerostructures facility in Foley, Alabama, part of Boeing (TBC)'s Network Service Center program. The contract calls for shop repair and overhaul of thrust reversers on 737s and 777s.
Goodrich (BFG) reached a 7-year, multimillion-dollar deal with Emirates Airlines (EAD) to provide component support related to the repair of all Goodrich (BFG) Actuation Systems products fitted in the airline's A330s and A340s.
January 2008: Goodrich (BFG) announced a $5.5 million project to expand its customer service headquarters and Maintenance Repair & Overhaul (MRO) facility in Monroe, Louisiana. Slated for completion in the 3rd quarter, the expansion will accommodate additional services, including complex repairs of large airplane cargo systems.
February 2008: Goodrich (BFG) unveiled its new 530,000-sq-ft airplane component and systems maintenance and repair campus during the Singapore Airshow. The $23 million campus, located next to Changi Singapore Airport (SIN), brings several Goodrich (BFG) service businesses together under one roof and adds an additional +300,000 sq ft of manufacturing space and Maintenance Repair & Overhaul (MRO) capability, including airplane nacelle systems, flight controls, cargo systems, engine controls and components, actuation systems and airplane evacuation systems.
Goodrich (BFG) was selected by Airbus (EDS) to provide 16G cabin attendant seats for the A320 family. Goodrich (BFG) said the contract will bring $100 million in revenue to support new production airplanes, retrofit sales and spares over the life of the program.
April 2008: Goodrich (BFG) reached agreement with Airbus (EDS) to perform Maintenance Repair & Overhaul (MRO) services on various components at its Alabama Service Center in Foley. The facility expects to service flight control surfaces, pneumatic ducting, and access doors.
July 2008: Goodrich (BFG) extended its landing gear overhaul agreement with Continental Airlines (CAL) to cover 737NG, 767 and 777 airplanes in addition to the 757-200s and 737s already under contract. Addendum is expected to generate +$49 million in revenue over five years. The work will take place in Opa-Locka, Florida.
Goodrich Corporation (BFG) received a contract from the USA Department of Homeland Security to deliver and evaluate a new chemical detection system, that uses a "terahertz spectrometer" to "pinpoint the presence or absence of hazardous chemicals in public places" such as airports. Work will begin immediately at the company's (ISR) Systems facility in Danbury, Connecticut.
August 2008: Rolls-Royce (RRC) and Goodrich (BFG) signed a letter of intent (LOI) to form a 50/50 joint venture (JV) to develop and supply engine controls for Rolls (RRC) aero engines. The (JV) will encourage synergies, combining Goodrich (BFG)'s UK-based engine controls design and manufacturing business and Rolls (RRC)'s controls integration expertise. Goodrich (BFG) will retain the (JV)'s aftermarket products and services. The initiative "reflects the importance we attach to the engine control system in optimizing engine performance," Rolls (RRC) Director Engineering & Technology Colin Smith said. Roughly 1,100 UK-based Goodrich (BFG) employees and 500 Rolls (RRC) employees in Europe and the USA could transfer into the (JV).
Goodrich (BFG) Electronics Systems Segment President Curtis Reusser pointed out that "Goodrich (BFG) already works closely with Rolls-Royce (RRC) and we believe closer integration would provide an even more efficient delivery of these important engine control systems." Companies plan to confer with employee representatives on proposed timescales for consultation. Subject to regulatory review, consultation and approval, the venture likely will take several months to finalize.
October 2008: Goodrich (BFG) inked a deal with US Airways (AMW)/(USA) to refurbish half its (CFM56-5B) thrust reversers and provide initial exchange units to facilitate a maintenance program. The contract will run through 2012 under the Goodrich (BFG) Aerostructures Prime Solutions program. The work will take place in Foley, Alabama.
December 2008: Goodrich (BFG) reached agreement with Airbus (EDS) to supply wheels and carbon brakes for A350 XWBs. Contract is expected to generate $3 billion over the program life. The company's Aircraft Wheels and Brakes unit in Troy, Ohio, will provide the equipment.
January 2009: Goodrich Corporation (BFG) reached a 5-year, flight-hour agreement with Airbus (EDS) to provide Maintenance Repair & Overhaul (MRO) and asset management services as part of an (EDS) "Total Support Package" for Singapore Airlines (SIA)'s 19 leased A330s. The contract covers Goodrich (BFG) evacuation, lighting, actuation, sensors, deicing and power products.
February 2009: The Goodrich Corporation (BFG) reached a 3-year deal with TransAsia Airways (FSH) of Taiwan to provide Maintenance Repair & Overhaul (MRO) on 7 A320s. The contract offers flight hour-based support and includes (BFG) sensors, actuation, engine control and electrical power products. The work will take place in Singapore, Xiamen and Sydney.
May 2009: Goodrich (BFG) was selected by Airbus (EDS) to supply the external video system for the A350. The deal is worth >$1 billion in equipment and aftermarket revenue over the life of the program, (BFG) said.
June 2009: Goodrich Corporation (BFG) opened a 50,000-sq-ft facility at Tianjin Airport Industrial Park to support nacelle and thrust reverser original equipment as well as Maintenance Repair & Overhaul (MRO) activities. In addition, it will support "engine buildup and podding work" for the new A320 family final assembly line (FAL) in Tianjin. The facility will serve as an interim location until (BFG) opens a permanent 170,000-sq-ft complex directly across from the (FAL).
July 2009: Goodrich (BFG) reported 2nd quarter 2009 net income of +$177 million on sales of $1,700 million. In the 2nd quarter 2008, the company reported net income of +$187 million on sales of $1,849 million. Marshall Larsen Chairman, President & (CEO) said, "Our 2nd quarter results demonstrate our ability to maintain operating margins in challenging economic times. We have been able to sustain these margins through the continued success of our cost containment initiatives, the balance of our business mix and the increased productivity of our employees.
"In our original equipment market channel, Boeing (TBC) and Airbus (EDS) are expected to deliver a total of about 960 airplanes in 2009, and both manufacturers are striving to maintain stable production for their narrow body airplanes through at least 2010. Our businesses are well prepared to continue efficient operations in the event manufacturers do not sustain current production levels. Commercial aftermarket sales weakened in the 2nd quarter as airlines continue to adjust capacity through retirements, temporarily parking airplanes and decreasing cycles on in-service airplanes. We believe our aftermarket sales in each of the 3rd and 4th quarters of 2009 will be higher than we experienced during the 2nd quarter 2009.
August 2009: Airbus (EDS) told airlines that Thales (THL) pitot probes should be replaced with Goodrich (BFG) models on all A330s/A340s as a "precautionary measure" and (EASA) said it will issue an order within 2 weeks calling for at least 2 of 3 (THL) speed sensors on those airplane types to be replaced with the (BFG) versions. The move comes after weeks of concern over (THL) pitot probes sparked by the May 31 Air France (AFA) Flight 447 crash in which malfunctioning speed sensors were "a factor" in the A330-200's demise, according to the French (BEA). (AFA) has confirmed that it has had subsequent pitot probe problems. (EDS)'s recommendation does not include a call to replace Thales (THL) probes on A320s.
(EASA) said that it too "will recommend that all A330 and A340 (EDS) airplanes currently equipped with Thales (THL) pitot probes should be fitted with at least two Goodrich (BFG) probes." (THL) told "Agence France Press" that its pitot probes "fulfill the specified requirements and have been certified by the authorities."
Goodrich Corporation (BFG) said it added electronic engine control accessories to its Maintenance Repair & Overhaul (MRO) capability at its Dubai (MRO) campus. The capability covers all electronic engine controls for Rolls-Royce (RRC) (Trent 500, 700 and 800)-powered airplanes.
Goodrich (BFG) and Xi'an Aircraft International Corporation (XAIC) signed agreements to form 2 50/50 joint venture (JV) companies that will manufacture landing gear and engine nacelle components "focused on the fast-growing Chinese aerospace market," including competing to be selected on Commercial Aircraft Corporation of China (CCC)'s C919 single-aisle transport currently under development. The 2 (JV)s will be between (XAIC) on the 1 hand and Goodrich (BFG) Landing Gear and Goodrich (BFG) Aerostructures on the other.
September 2009: The (FAA) will give USA airlines until early January to replace the Thales (THL) speed probes on A330s and A340s with Goodrich (BFG) probes, according to "Bloomberg News," which cited a Federal Register notice it said is scheduled for publication today. (EASA) already has mandated the replacements be made on A330s/A340s operated by European airlines in the wake of June's Air France (AFA) A330-200 accident. Among USA carriers, Delta Air Lines (DAL) (inherited from Northwest Airlines (NWA)) and US Airways (AMW)/(USA) operate the A330.
November 2009: Goodrich Corporation (BFG) signed a Letter of Intent (LOI) with Emirates (EAD) covering the provision of evacuation system Maintenance Repair & Overhaul (MRO) on (EAD)'s A380s.
February 2010: Goodrich Corporation's Singapore maintenance, repair and overhaul (MRO) campus is celebrating its 15th year of operation this month. The facility began operations in 2005 as a 3,000-sq-ft repair shop with 14 employees and today employs around 700 in a 530,000-sq-ft campus. Capabilities include nacelle systems, flight controls, cargo systems, engine controls and components, actuation systems and evacuation systems. In addition, the Singapore team performs original equipment manufacturing (OEM) as well as Research & Development (R&D) including designing, developing and producing major subsystems for the (BFG) nacelle system for the (PW1000G) geared turbofan.
July 2010: Goodrich (BFG) and Turkish Technic have put the finishing touches on an agreement 1st formed in November 2007 to set up a joint-venture (JV) Maintenance Repair & Overhaul (MRO) company in Istanbul. The center marks (BFG)’s first move into Turkey and will focus on work for nacelles and thrust reversers and related component support, including rotables. The 2 companies expect Goodrich (BFG) Turkish Technic Service Center at Sabiha Gökçen International Airport
to start operations in the 1st quarter of 2011. The 20,000-sq-ft facility, which has the potential to double in size, initially will employ about 20 people in support of Turkish Airlines (THY) and the Airbus (EDS) and Boeing (TBC) fleets of other carriers in the region.
October 2010: Goodrich Aerospace (BFG) 3rd quarter net income was +$160 million (+$145 million). 1st 9e months net income was +$429 million (+$457 million).
November 2010: The USA (FAA) proposed a $530,250 civil penalty against Everett, Washington, USA-based repair station, Aviation Technical Services (BFG) for allegedly “failing to follow approved procedures while maintaining 14 Southwest Airlines (SWA) 737s.”
The (FAA) alleged that (ATS) (BFG) failed to follow (SWA)’s Continuous Airworthiness Maintenance Program in performing 5 (AD)s to detect fuselage skin cracks. The reported violations are said to have occurred between January 2007 and March 2008.
January 2011: Goodrich (BFG) reported 4th quarter net income of $148 million, versus a 4th quarter 2009 net income of $105 million.
For the full year of 2010, (BFG) reported income from continuing operations of +$577 million, on sales of $6,967 million, compared to income from continuing operations of +$563 million, on sales of $6,686 million for the full year of 2009.
February 2011: Goodrich Corporation (BFG) signed a 5 year nacelle Prime Solutions services agreement with Royal Jordanian Airlines (RJA). The contract covers maintenance and support of nacelles and thrust reversers for (RJA)'s fleet of (V2500)-powered A320s, (CF34-10E) powered Embraer E195s and (CFM56-5C-) powered A340s.
May 2011: Goodrich Corporation (BFG) announced it completed the acquisition of Microtecnica, a process it began in early April. It acquired the business from Stirling Square Capital Partners for total cash consideration of approximately €331 million/$462 million.
Microtecnica is a supplier of flight control actuation systems for helicopter, regional and business airplanes, missile actuation, and airplane thermal and environmental control systems. Its major customers include AgustaWestland, Alenia, Hamilton Sundstrand, Avio, Bombardier and Eurocopter.
September 2011: United Technologies Corporation (UTC) will become an even bigger player in aviation if its planned acquisition of Goodrich Corporation (BFG) gains shareholder and regulatory approvals. The Hartford, Connecticut-based parent of airplane engine manufacturer Pratt & Whitney (P&W) and aerospace systems maker, Hamilton Sundstrand (among other properties) said it has reached an agreement to buy Charlotte, North Carolina-based Goodrich (BFG), a leading airplane technology and equipment producer, for $18.4 billion.
It plans to operate a "(UTC) Aerospace Systems" business unit (combining Goodrich (BFG) and Hamilton Sundstrand) following the sale. Goodrich (BFG) employs 27,000 workers worldwide and generates around $8 billion in annual revenue selling an array of products that include airplane landing gear, wheels and brakes. "Goodrich (BFG) delivers on all of our acquisition criteria," (UTC) Chairman & (CEO) Louis Chenevert said. "It is strategic to our core, has great technology and people, and strengthens our position in growth markets."
(UTC) said it is "expected to have worldwide sales of approximately $66 billion based on projected 2011 results" following the completion of the Goodrich (BFG) acquisition.
United Technologies (UTC) expects the transaction will be accretive to earnings in the 2nd year."
Goodrich (BFG) Chairman President & (CEO) Marshall Larsen will become Chairman & (CEO) of (UTC) Aerospace Systems, to be based in Charlotte, (UTC) stated. A projected timeline for closing the sale was not released.
November 2011: Bill Ashworth Division President, Goodrich Aviation Aviation Technical Services (BFG), and former Manager of the Federal Aviation Seattle Aircraft Certification Office, resigned to join Aviation Partners Boeing (APB) as its President.
March 2012: The European Commission (EC) has opened an in-depth investigation into United Technology Corporation’s (UTC) proposed acquisition of Goodrich (BFG) after its preliminary investigation indicated potential competition concerns, the (EC) said.
(UTC) announced in September 2011 that it intended to buy Goodrich (BFG) for $16.5 billion.
The (EC) said it is concerned that removing Goodrich (BFG) as an independent supplier of fuel nozzles and engine controls, especially for smaller engines, “could result in higher input prices for engine manufacturers competing with [(UTC)'s engine subsidiary] Pratt & Whitney (PRW). In particular, switching suppliers could take a long time and be costly for those currently sourcing from Goodrich (BFG).”
It also has concerns in the area of aftermarket services. “The aviation equipment industry is already concentrated and is characterized by high barriers to entry. We need to make sure that competition is preserved and incentives to innovate remain. We must also prevent a rise in input prices for airplane and engine manufacturers as well as other aviation equipment suppliers,” (EC) VP Competition Joaquin Almunia said.
The (EC) now has until August 9 to make a final decision on whether the proposed transaction would reduce competition in the (EU).
April 2012: Goodrich (BFG) was selected by Southwest Airlines (SWA) to supply wheels, carbon brakes, Maintenance Repair & Overhaul (MRO) services and comprehensive asset management covering its new fleet of 737-800 airplanes.
Goodrich (BFG) signed a 5-year nacelle services agreement with (LOT) Polish Airlines to support (LOT)’s nacelles and thrust reversers for its fleet of (CF34-10E)-powered E195 airplanes.
May 2012: Goodrich (BFG) signed an agreement with Rolls-Royce (RRC) to provide Boeing 787 nacelle maintenance services for British Airways (BAB) under (RRC)'s Total Care support program. The contract will begin following delivery of (BAB)'s 1st 787 slated for 2013.
June 2012: Rolls-Royce (RRC) will acquire the remaining 50% of shares in its UK-based joint venture (JV) with Goodrich (BFG), Aero Engine Controls (AEC). The (JV) was launched in January 2009, combining the engine controls businesses of the 2 companies.
(AEC) employs approximately 1,400, with sites in the UK cities of Birmingham, Derby, and Belfast, as well as the USA city of Indianapolis. The company designs and manufactures engine control systems including electronic engine controllers, fuel pumps and fuel metering units for (RRC) engines and other programs.
(RRC)’s acquisition will proceed once United Technologies Corporation completes its acquisition of Goodrich (BFG).
July 2012: The European Commission (EC) has approved United Technologies Corporation (UTC)'s proposed acquisition of Goodrich (BFG), but only if it sells some units, European Union (EU) antitrust regulators said.
The regulatory clearances require that (UTC) sell Goodrich (BFG)'s Electric Power Systems business and (BFG)'s Connecticut-based Pumps and Engine Controls business. (UTC) will also sell (BFG)'s interest in Aero Engine Controls (AEC), a joint venture with Rolls-Royce (RRC). It should also offer (RRC) an option to take over a technology research project to reduce fuel consumption in engines, which Goodrich (BFG) was developing on its behalf, the (EC) ruled.
The (AEC) aftermarket business, which was also a point of the (EC)’s in-depth investigation, will remain with (UTC), but (RRC) will be able to purchase this aftermarket business in the future.
Such remedies "ensure that competition and incentives to innovate remain strong in these high-technology markets," said the (EC), which opened an antitrust investigation on the proposed $16 billion deal in late March.
The (EC) concluded the merger would continue to face competition from a number of strong competitors and customers would still have sufficient alternative suppliers.
March 2013: France has raised €448.5 million/$576.9 million by selling 3.12% of Safran, just as the aerospace firm completed its acquisition of Goodrich Electrical Power Systems (GEPS). French Finance & Economy Minister Pierre Moscovici detailed plans to sell the 13 million shares to institutional investors, slimming France’s shareholding to 27.08%. Moscovici announced the successful completion of the placement.
Moscovici said France intends to remain a Safran shareholder in the medium term. He added that its lead shareholding and double voting rights will safeguard its influence in Safran’s corporate management. “This share sale forms part of the state’s active portfolio management, which aims to protect national strategic interests while freeing up fresh funding for sectors which can deliver further economic development,” he said.
In a separate transaction, Safran announced it completed the €300 million acquisition of on-board aerospace electrical power systems specialist (GEPS).
Safran, which plans to consolidate (GEPS) into its existing Aircraft Equipment business from April 1, expects (GEPS) to deliver €120 million in additional revenue during the remainder of 2013. Roughly half of this will stem from spares and (MRO) services. (GEPS) employs roughly 460 people in the UK and a further 100 in Ohio in the USA.
“(GEPS) brings new capabilities to Safran’s product offering, including the critical electrical power generation know-how and experience that is the heart of electrical power systems. This transaction, by combining (GEPS) and Safran’s complementary strengths, gives birth to a world leader in aerospace electrical power systems with a comprehensive product portfolio,” said Safran.
Safran, which is active in aerospace propulsion and equipment, defense and security, generated sales of €13.6 billion in 2012.
September 2013: Aviation Technical Services (ATS), based at Paine Field, Everett, Washington, won a contract to install broadband satellite Wi-Fi technology on 130 JetBlue (JBL) A320s. The technology was designed by (JBL) subsidiary LiveTV, which will train (ATS) personnel to install the equipment in the fuselage crown. All the installations are expected to be completed by the end of 2014.
(ATS), which in June announced it had been bought out by a new ownership group led by Chief Executive Officer (CEO) Matt Yerbic, has about 1,100 employees in Everett and 50 in a new facility at Moses Lake, Washington.
The company's biggest customer is Southwest Airlines (SWA), which
typically sends 10 to 15 737 airplanes per month for maintenance at (ATS)' Paine Field facility. (ATS) also performs maintenance work for Delta (DAL) and American (AAL). (ATS) recently began modification work at Moses Lake on 767s for new customer Air Canada (ACN).
Matt Yerbic said the agreement for the Wi-Fi installations is the 1st tranche of a broader agreement with JetBlue (JBL). He said (ATS) will have 80 to 100 people dedicated to the JetBlue (JBL) work and that the company was hiring.
January 2014: Aviation Technical Services (BFG) plans to open a new 607,000 sq ft facility at Kansas City International Airport. (BFG) will create >500 new jobs in the next 3 to 5 years with potential for 1,000 employees over time. The company will invest about $7 million. Expanding to Kansas City allows (ATS) (BFG) to meet existing customer requirements and add to its ability to grow and diversify offerings, President & (CEO) Matt Yerbic said. He plans to add more new locations.
May 2014: Aviation Technical Services (BFG) will supply Maintenance and Engineering services to UTair Aviation (TYU)’s 8 Boeing 767-200s. (ATS) will modify the 170-seat aircraft to carry 255 passengers, while maintaining the airplanes. Work will be completed at the new (BFG) facility in Kansas City, Missouri.
July 2014: The (FAA) announced in a press release it is proposing a $12 million civil penalty against Southwest Airlines (SWA) for failing to comply with (FAA) regulations in 3 separate enforcement cases related to repairs on its Boeing 737s.
The (FAA) said it “alleges that beginning in 2006, (SWA) conducted so-called ‘extreme makeover’ alterations to eliminate potential cracking of the aluminum skin on 44 jetliners. The (FAA) conducted an investigation that included both (SWA) and its contractor, Aviation Technical Services (ATS) (BFG) of Everett, Washington. Investigators determined that (ATS) (BFG) failed to follow proper procedures for replacing the fuselage skins on these airplanes. (FAA) investigators also determined that (ATS) (BFG) failed to follow required procedures for placing the airplanes on jacks and stabilizing them. All of the work was done under the supervision of (SWA), which was responsible for ensuring that procedures were properly followed.”
The (FAA) alleges “(SWA) returned the jetliners to service and operated them when they were not in compliance with federal aviation regulations (FAR)s. The regulatory violations charged involve numerous flights that occurred in 2009 after the (FAA) put (SWA) on notice that these airplanes were not in compliance with either (FAA) Airworthiness Directives (AD)s or alternate, (FAA)-approved methods of complying with the (AD)s. The (FAA) later approved the repairs after (SWA) provided proper documentation that the repairs met safety standards.”
During its investigation, the (FAA) said it “found that (ATS) (BFG) workers applied sealant beneath the new skin panels, but did not install fasteners in all of the rivet holes during the timeframe for the sealant to be effective. This could have resulted in gaps between the skin and the surface to which it was being mounted. Such gaps could allow moisture to penetrate the skin and lead to corrosion. As a result of the improper repairs, these airplanes did not comply with federal aviation regulations (FAR)s.”
The (FAA) also “alleges that (ATS) (BFG) personnel failed to follow requirements to properly place these airplanes on jacks and shore them up while the work was being performed. If a plane is shored improperly during skin replacement, the airframe could shift and lead to subsequent problems with the new skin.”
In the 3rd case, “the (FAA) alleges that (SWA) failed to properly install a ground wire on water drain masts on two of its Boeing 737s in response to an (FAA) (AD) addressing lightning strikes on these components. As a result, the airplanes were not in compliance with federal aviation regulations (FAR)s. The airplanes were each operated on >20 passenger flights after (SWA) became aware of the discrepancies, but before (SWA) corrected the problem.”
(SWA) Communications Director Brandy King said in an emailed statement: “The (FAA) letter includes repair issues that were addressed several years ago. The press release and letter issued by the (FAA) are not assessments of a fine (they are proposed), and (SWA) will respond to the (FAA) allegations in accordance with applicable procedures. Having fully resolved the repair issues some time ago, none of the items raised in the (FAA) letter affect airplanes currently being operated by (SWA). Safety is paramount and we always strive for full compliance with established and approved processes and procedures. As always, (SWA) is committed to continuously making enhancements to our internal procedures, as well as improvements related to oversight of our repair vendors. This continuous improvement has helped bolster (SWA)’s maintenance program, continuing our safety commitment for every (SWA) employee in all aspects of our operations.”
November 2014: The federal government is suing Southwest Airlines (SWA) after failing to reach a settlement with (SWA) over allegations that repairs to dozens of planes didn't meet safety standards.
The Justice Department sued (SWA) on Monday November 3rd in the federal district court in Washington state. The lawsuit seeks to enforce $12 million in civil penalties that the Federal Aviation Administration (FAA) announced in late July.
The government says that starting in 2006, (SWA) hired a contractor to make extensive repairs on 44 planes to prevent the aluminum skin from cracking. The (FAA) says the contractor, Aviation Technical Services Inc (ATS) (BFG) of Everett, Washington, failed to follow proper procedures. "We dispute the (FAA)'s allegations and look forward to the opportunity to vigorously defend (SWA)'s record in a court of law," (SWA) spokeswoman, Brandy King said.
The (SWA) case is the 2nd-largest penalty that the (FAA) has ever sought against an airline, behind only a $24.2 million case against American Airlines (AAL).
Typically, airlines negotiate with the (FAA) to reduce the penalties. The (FAA) hit (SWA) with $10.2 million in penalties in 2008, and that case was settled a year later for $7.5 million. The government's decision to sue (SWA) barely three months after announcing the most recent penalty, indicated the wide gap between the 2 sides.
The most serious allegation in the current case involves replacement of parts of the fuselages on 44 planes. The (FAA) said Aviation Technical Services (BFG) workers under (SWA)'s supervision put sealant under the new skin panels but didn't install all the rivets fast enough for the sealant to be most effective, which could create gaps for moisture to penetrate and cause corrosion.
(SWA) returned the planes to service in 2009 and kept flying some of them for months after the (FAA) warned (SWA) of the improper repairs, the (FAA) said. Regulators approved later repairs.
December 2015: News Item A-1: Southwest Airlines (SWA) and the USA have settled a lawsuit involving allegations (SWA) operated numerous 737 airplanes that did not conform to USA Federal Aviation Administration (FAA) maintenance standards and were therefore not airworthy.
In November last year, the USA Department of Justice (DOJ) announced a USD12 million lawsuit against (SWA) for 3 separate types of maintenance violations. The 1st 2 categories of violations related to approximately 44 un-airworthy airplanes that (SWA) flew prior to and throughout 2009, whose fuselages had been improperly maintained by, 1st, improperly installing fasteners and, 2nd, improperly supporting (shoring) the airplanes during maintenance. The 3rd category of violations involved (SWA) flying 2 airplanes in 2012, whose drain masts had been improperly altered.
The USA government claimed that (SWA), despite having outsourced its Maintenance Repair & Overhaul (MRO) requirements to Aviation Technical Services Inc (BFG) of Everett, Washington, was still liable for the improper repairs done by the contractor as it is ultimately responsible for (SWA)'s proper maintenance.
However, following talks between the 2 parties, the (DOJ) announced that (SWA) had agreed to pay a USD2.8 million civil penalty and up to USD5.5 million in deferred civil penalties, should it fail to implement operational changes as required by the settlement agreement. (SWA) is required to overhaul its operational protocols aimed at enhancing its oversight of and control over third parties that perform maintenance on its airplanes.
“The Justice Department believes the settlement agreement with (SWA) will provide meaningful improvements in safety and compliance and further ensure the integrity of (FAA) air safety regulations,” Principal Deputy Assistant Attorney General Benjamin C Mizer Head of the Justice Department’s Civil Division, said.
Though a trial had been scheduled for March 14, 2016, company and government lawyers notified USA District Court Judge John Coughenour in Washington State that they had reached a settlement.
In 2008, the USA Federal Aviation Administration (FAA) sought USD10.2 million in civil penalties from (SWA) for neglecting to inspect the fuselages of 46 of its planes. The 2 later settled for USD7.5million.
March 2016: Aviation Technical Services (BFG) has appointed Paul Dolan as Chief Commercial Officer (CCO).
0 727-2D3F (JT8D) (1082-21021, G-BPND), RETURNED FROM (CLL) 6/03. RETURNED, SOLD TO (AMJ) 7/04. FREIGHTER.
2 727-223 (JT8D) (1750-22461, /81 N703AA; 1751-22462, /81 N705AA), EX-(AAL), FOR SALE.
0 727-225F (JT8D) (1314-21453, G-OKJN), RETURNED FROM (CLL) 6/03. RETURNED, SOLD TO (AMJ) 7/04. FREIGHTER.
1 727-227 (JT8D) (1216-21246, /76 N14GA), EX-(BNF).
1 727-281 (JT8D) (1378-21474, /78 N240RC), EX-(QCC).
Click below for photos:
BFG-GRAHAM BAILEY VP
BFG-MARSHALL LARSEN CEO CHARLOTTE
MARSHALL LARSEN, CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER (CEO) (UTC) AEROSPACE SYSTEMS, CHARLOTTE, NORTH CAROLINA (2011-09).
MATT YERBIC, AVIATION TECHNICAL SERVICES (BFG) PRESIDENT & (CEO).
DAVID BURNER, CHAIRMAN & (CEO), GOODRICH CORPORATION.
BILL ASHWORTH, DIVISION PRESIDENT, AVIATION TECHNICAL SERVICES, EVERETT, WASHINGTON, USA (2006-04), LEFT TO BECOME PRESIDENT AVIATION PARTNERS BOEING (APB) (2011-11).
MICHAEL PISCATELLA, GROUP PRESIDENT - AEROSTRUCTURES AND AVIATION TECHNICAL SERVICES, CHARLOTTE, NORTH CAROLINA (2002-01).
JOHN GRISIK, EXECUTIVE VP OPERATIONAL EXCELLENCE & TECHNOLOGY (2006-03).
JERRY WITOSKI, SEGMENT PRESIDENT ELECTRONIC SYSTEMS (2006-03).
ERIC SHULZ, DIVISION PRESIDENT ACTUATION SYSTEMS (2006-04).
BRIAN BRANDEWIE, PRESIDENT - AVIONICS SYSTEMS (2002-05).
JOHN DOUGLAS, (CEO) (2002-01).
JACK CARMOLA, PRESIDENT, ENGINE SYSTEMS GROUP (2003-01).
RON HODGES, PRESIDENT ENGINE CONTROLS UNIT (2003-01).
RON FREDERICK, PRESIDENT TURBO-MACHINERY DIVISION, CHANDLER, ARIZONA. (2003-03).
CINDY EGNOTOVICH, PRESIDENT ELECTRONIC SYSTEMS BUSINESS (2003-01).
JENNIFER POLLINO, PRESIDENT AIRCRAFT WHEELS & BRAKES DIVISION (2002-09).
KEN LUCZAJ, PRESIDENT SPACE & OPTICAL SYSTEMS UNIT (2003-01).
TOM MEPHAM, PRESIDENT CARGO SYSTEMS DIVISION (2003-03).
BRIAN GORA, PRESIDENT SENSOR SYSTEMS (2006-03).
PAUL DOLAN, CHIEF COMMERCIAL OFFICER (CCO).
SCOTT KUECHLE, SENIOR VP & CHIEF FINANCIAL OFFICER (CFO) (2005-08).
DAVID WATSON, GROUP VP AEROSTRUCTURES.
HARRY ARNOLD, VP COMMERCIAL PROGRAMS, AEROSTRUCTURES GROUP.
STEVE BENCE, VP MARKETING & PROGRAM MANAGEMENT, AVIATION TECHNICAL SERVICES (ATS).
ROBERT DIAL, VP MAINTENANCE & QUALITY CONTROL (QC), AVIATION SERVICES DIVISION (2000-12).
TOM FITCH, VP/CONTROLLER ENGINE SYSTEMS (2003-01).
JERRY LAREAU, VP GOVERNMENT PROGRAMS, ELECTRONIC SYSTEMS (2003-01).
DAVID SHAW, VP NEW BUSINESS MODEL PROJECTS (2003-01).
GRAHAM BAILEY, VP AIRBUS CUSTOMER SERVICE, TOULOUSE (2003-10).
STEVE COTTRILL, VP INTERNAL AUDIT & CONTROLLER (2005-11).
DAN PLESHKO, CHIEF SUPPLY CHAIN OFFICER (2006-06).