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4-Traders Homepage  >  Equities  >  Nyse  >  Goodrich Corporation    GR

Delayed Quote. Delayed  - 07/26 10:00:10 pm
127.48 USD   +0.22%
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Goodrich Corporation : Southwest Airlines Selects Goodrich's DURACARB Carbon Brakes, Wheels and MRO Services for New 737 Next Generation Fleet

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04/02/2012 | 03:05pm CEST

CHARLOTTE, N.C., April 2, 2012 /PRNewswire/ -- Goodrich Corporation (NYSE: GR) has been selected by Southwest Airlines to supply wheels, carbon brakes, MRO services and comprehensive asset management for its new fleet of Boeing 737-800 aircraft. The first aircraft was delivered in March of 2012.

Goodrich's 737 Next Generation carbon brake uses proprietary DURACARB® carbon heat sink material. The DURACARB carbon provides exceptional brake performance and a 35 percent brake life advantage over competitive equipment. The Goodrich wheels and carbon brakes provide a weight savings of approximately 700 pounds (318kg) per aircraft compared to high capacity steel brakes.

Jim Wharton, vice president of sales and program management for Goodrich Aircraft Wheels and Brakes said, "Our established world-class MRO network and asset management services provide unique added value to Southwest's operational excellence. We are very pleased that Southwest has the confidence in Goodrich as their wheel and brake supplier of choice for their new 737-800 fleet."

According to Jeff Jackson, Southwest Airlines sr. buyer, "Goodrich offered Southwest the perfect competitive solution. Superior product reliability, significant weight savings, exceptional brake life, and its own established service center network to manage our wheel and brake assets made Goodrich the right choice for Southwest."

Southwest Airlines was incorporated in Texas and commenced Customer Service on June 18, 1971, with three Boeing 737 aircraft serving three Texas cities -- Houston, Dallas, and San Antonio. Today, Southwest operates 561 Boeing 737 aircraft among 72 cities. Southwest is the United States' most successful low fare, high frequency, point-to-point carrier. Southwest operates more than 3,300 flights a day coast-to-coast.

Goodrich Corporation, a Fortune 500 company, is a global supplier of systems and services to aerospace, defense and homeland security markets. With one of the most strategically diversified portfolios of products in the industry, Goodrich serves a global customer base with significant worldwide manufacturing and service facilities. For more information visit http://www.goodrich.com.

Goodrich Corporation operates through its divisions and as a parent company for its subsidiaries, one or more of which may be referred to as "Goodrich Corporation" in this press release.

SOURCE Goodrich Corporation; GR - Actuation and Landing Systems

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