Flybe Group PLC Flybe Agreement with Airbus Defence and Space (4092A)
22 December 2014 - 6:00PM
UK Regulatory
TIDMFLYB
RNS Number : 4092A
Flybe Group PLC
22 December 2014
22 December 2014
Flybe Group
("Flybe" or "the Group")
FLYBE REACHES AGREEMENT WITH AIRBUS DEFENCE AND SPACE
FOR SUPPORT OF RAF A400M ATLAS FLEET
Flybe today announces that Flybe Aviation Services has reached
agreement on a new 8.5 year contract with Airbus Defence and Space
to provide Airframe related Maintenance, Repair & Overhaul
(MRO) services for the Royal Air Force Fleet of A400M Atlas
airlifters at RAF Brize Norton.
Flybe was selected by Airbus Defence and Space following a
rigorous competitive process based on a range of commercial,
technical and quality requirement criteria. An announcement
confirming Flybe's selection as preferred bidder was made on 16
July 2014. Flybe will primarily undertake base maintenance in
support of Airbus's own line maintenance, fleet management and
material support activities, contributing to the delivery of a
fully integrated support service at the A400M's main operating
base.
The UK MoD has placed an order for 22 A400M as a reinforcement
of its airlift capacity. The A400M Atlas will be operated by the
RAF, with an operating life expectancy of c35 years. The first
aircraft was delivered to the RAF on Friday 14 November 2014.
Flybe's state-of-the-art MRO business is one of the largest in
Europe, and enables the Group to provide scheduled maintenance of
its own fleet as well as to provide maintenance services to third
party customers.
Saad Hammad, Flybe's Chief Executive Officer, said: "We are
delighted to have reached agreement on this significant contract
with Airbus Defence and Space. This is a landmark agreement for
Flybe Aviation Services and demonstrates the ongoing benefits of
our reorganisation and Turnaround Plan"
-ENDS-
For further information:
Flybe
Andrew McConnell, Director of Communications
Tel: +44 77 3986 1517
Maitland
Martin Barrow/Andy Donald
Tel: +44 20 7379 5151
This information is provided by RNS
The company news service from the London Stock Exchange
END
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