Triumph to Provide Thrust Reverser MRO Services for Asiana Airlines Fleet

BERWYN, Pa.--()--Triumph Group, Inc. (NYSE: TGI) announced that its subsidiary, Triumph Aviation Services Asia, Ltd., has been selected by Asiana Airlines Inc. to provide CF6-80C2 thrust reverser maintenance support and services for its fleet of Boeing 747-400 and 767-300. Triumph Aviation Services Asia is an operating company of Triumph Product Support.

Under the new agreement, the Chonburi, Thailand based Triumph facility will provide full maintenance and engineering capability, supply chain management and asset management support under an Integrate-Capability-Enhanced Program (ICEP) for the entire Asiana Airlines fleet of 14 Boeing 747-400 and eight 767-300.

“At Triumph Product Support, we see ourselves as an extension of our customers’ operations, partnering with them to ensure the availability and reliability of their aircraft,” said Mike Abram, Executive Vice President, Triumph Product Support. “Our team is committed to forging closer partnerships with OEM’s and airline carriers, as well developing a market leading position in Asia.”

Triumph Aviation Services Asia repairs and overhauls a wide range of complex aircraft structures and components such as engine nacelles, flight control surfaces and various aircraft accessories.

Asiana Airlines is one of South Korea's two major premium airlines and has operated commercial flights out of Incheon Seoul Korea International Airport since 1988. Asiana offers 76 international passenger routes to 63 destinations in 21 countries and 23 cargo routes to 26 cities in 11 counties. The airline operates cutting-edge fleet with in-flight connectivity to popular destinations including Hanoi, Los Angeles, San Francisco, Seattle and London.

About Triumph Group: Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aircraft structures, components, accessories, and systems. The Company serves a broad spectrum of the global aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. More information about Triumph Group can be found on the company’s website at http://www.triumphgroup.com.

About Asiana Airlines: Headquartered in Seoul, South Korea, Asiana Airlines was founded in 1988. The carrier is a member of the Star Alliance and has earned a five-star rating by Skytrax for 12 consecutive years. Celebrating its 30th anniversary this year, Asiana Airlines aims to cement its leading position in long-haul routes, commencing new direct flights to Venice and Barcelona in 2018.

Contacts

Triumph Group, Inc.
Michele Long, 610-251-1000
Sr. Director – Communications
mmlong@triumphgroup.com
or
Sheila G. Spagnolo, 610-251-1000
Vice President – Tax & Investor Relations
sspagnolo@triumphgroup.com

Contacts

Triumph Group, Inc.
Michele Long, 610-251-1000
Sr. Director – Communications
mmlong@triumphgroup.com
or
Sheila G. Spagnolo, 610-251-1000
Vice President – Tax & Investor Relations
sspagnolo@triumphgroup.com