Woodward Announces Exclusive Thrust Reverser Actuation (TRAS) Systems Repair Agreement with Alliance Airlines
25 Março 2024 - 9:00AM
Woodward, Inc. (NASDAQ:WWD), a global leader in energy control
solutions for aerospace and industrial applications, today
announced an agreement with Australian-based Alliance Airlines to
become the exclusive Thrust Reverser Actuation Systems (TRAS)
repair, maintenance and overhaul contractor for the airline’s
CF34-10E-powered fleet.
Thrust Reverser Actuation Systems power and control the
deployment of aircraft thrust reversers, which ensure optimal
aircraft performance by minimizing runway stopping distances.
Woodward will be the exclusive TRAS repair contractor for the
entire maintenance, repair, and overhaul (MRO) volume for the
Alliance fleet of 30-plus aircraft. Woodward’s TRAS have been
on aircraft since the 1960s and are on more than two dozen large
commercial, regional, and business jet types, including FAR Part 33
and FAR Part 25 certifications.
“We’re honored to begin working with Alliance Airlines,” said
Divya Behl, Woodward’s vice president and general manager,
Hydraulics. “Thanks in large part to world class turn times, we’re
confident we can meet the growing demand of service work as
aircraft travel continues to rise worldwide. We will provide
Alliance best-in-class repair services through our state-of-the-art
Fort, Collins, Colorado, facility, where Woodward produces,
maintains and repairs TRAS products.
Stewart Tully, Chief Executive Officer of Alliance Airlines
said, "As we embark on this collaborative journey, Alliance
Airlines is looking forward to leveraging Woodward's cutting-edge
technology and our shared commitment to innovation to enhance the
safety and performance of our aircraft. I extend my gratitude
to the entire Woodward team for their hard work and dedication in
making this partnership a reality. I am confident that our
collaboration will be a cornerstone for success and growth for both
Alliance Airlines and Woodward."
About Woodward, Inc. Woodward is the
global leader in the design, manufacture, and service of energy
conversion and control solutions for the aerospace and industrial
equipment markets. Together with our customers, we are enabling the
path to a cleaner, decarbonized world. Our innovative fluid,
combustion, electrical, propulsion and motion control systems
perform in some of the world’s harshest environments. Woodward is a
global company headquartered in Fort Collins, Colorado, USA. Visit
our website at www.woodward.com.
CONTACT: |
Dan ProvaznikDirector Investor Relations
970-498-3849Dan.Provaznik@woodward.com |
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Jennifer ReginaVice President
Communications704-712-5721Jennifer.regina@woodward.com |
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A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/e68b77c5-ec26-44e1-b524-667890627fbc
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