EANS-News: FACC AG Enters into New Business area Repair and Maintenance (with photo)

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Company Information

FACC AG is extending its activities in the field of maintenance,
repair & overhaul (MRO) in civil aviation. FACC offers airlines and
MRO companies a tailor-made service for maintenance activities and
repairs on components and systems. For the purpose of expanding the
company's global presence in repair and maintenance, another plant
has been established in Wichita/USA in addition to the main factory
in Austria.

FACC has been a leading company specialized in the development and
production of composite components and systems for over 25 years and
is now expanding its range of competencies to include repair and
maintenance. The company has thus become one of the few manufacturers
of composite lightweight components in the aerospace supply industry
which also provides MRO services. The long-standing partnership with
the OEMs gives FACC the great advantage over pure service providers -
FACC can rely on the proven performance of the OEM supply chain
performing maintenance services more economically and faster.

The highly efficient infrastructure in Austria and the USA provides
the company with the technical prerequisites for carrying out
maintenance activities and repairs on the structural components of
wings, tail units, or engines, as well as in the aircraft cabin.
Apart from the maintenance certifications (Part 145 for EASA, TCCA
and FAA) that the company has had for years and the approval attained
last year as a design organization (EASA Part 21-J), FACC provides a
full range of maintenance services together with its extensive
component portfolio. Above and beyond the approved repair
limitations, the company is now also authorized to independently
develop and approve design solutions for repairs and modifications.

"Due to our extensive engineering and manufacturing expertise and
longstanding collaboration with all the major aircraft manufacturers,
we are a reliable partner for airlines and MRO stations when it comes
to component maintenance," says Walter Stephan, CEO of FACC AG. "As
an OEM supplier, we ensure that repair and maintenance activities are
entirely in compliance with our customers' requirements. The use of
designs, specifications, and tools of the original component, along
with the availability of replacement parts, enables swift
implementation and optimum pricing."

The new subsidiary in Wichita, FACC Solutions Inc., started
operations in 2014. The company is another building block in FACC's
strategy of expanding its global presence and providing services
close to the customer. Through this expansion, the capacity for
maintenance services and repair activities is enhanced enabling
increased efficiency and cost optimization on the one hand, while
ensuring quick customer service of a high quality on the other.

"With the growing use of composite materials in aircraft
construction, the demand for well qualified, highly efficient
maintenance organizations is increasing in the USA. With the
investments made and the network of FACC AG as its parent company,
FACC Solutions Inc. has created an excellent position for itself in
this market," says Dean Poor, President of FACC Solutions Inc.
"Proximity to the customer, a high level of quality, reliability, and
short lead times are the prerequisites for successful positioning in
this expanding market."

The latest component repairs brochure provides a comprehensive
overview of all the services offered. The digital edition of this
brochure is available to download
athttp://www.facc.com/en/Services/Maintenance.

About FACC FACC AG is one of the world's leading companies in the
design, development, and production of advanced, fiber-reinforced
composite components and systems for the aviation industry. Their
range of products extends from structural components for the fuselage
and wings to engine components and complete passenger cabins for
commercial aircraft, business jets, and helicopters. FACC produces
parts for all the major aircraft manufacturers, such as Airbus,
Boeing, Bombardier, Embraer, Sukhoi, and COMAC, as well as for engine
manufacturers and subcontractors to the aircraft manufacturers. In
the 2013/14 financial year, FACC achieved annual sales of 547.4
million euros. The company employs a workforce of over 3,100
employees worldwide. Further information can be found at
www.facc.com.

Pictures with Announcement:
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Further inquiry note:
Investor Relations:
Manual Taverne
Director Investor Relations
Mobil: 0664/801192819
E-Mail: m.taverne@facc.com

Presse:
Andrea Schachinger
Corporate Communication
Tel: 059/616-1194
E-Mail: a.schachinger@facc.com

end of announcement euro adhoc
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Pictures with Announcement:
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company: FACC AG
Fischerstraße 9
A-4910 Ried im Innkreis
phone: +43/59/616-0
FAX: +43/59/616-81000
mail: office@facc.com
WWW: www.facc.com
sector: Industrial Components
ISIN: AT00000FACC2
indexes:
stockmarkets: Regulated free trade: Wien
language: English