DHL Selects Iberia Maintenance as the Long-Term Maintenance Provider for Fleet of Rolls-Royce RB211-535 C37 Engines

May 28, 2008 - Iberia Maintenance has signed a long-term agreement with DHL to overhaul more than 80 RolIs Royce RB211-535C37 engines operated by their two key European Airlines, DHL Air and European Air Transport.

DHL Air Ltd, based at East Midlands Airport in the United Kingdom and Brussels, Belgium based European Air Transport N.V. / S.A operate thirty four of the RB211 535 -C37 powered aircraft to more than 50 cities in the DHL Express European freight and parcel distribution network including the newly opened freight Superhub in Leipzig, Germany.

Selected by DHL for its exemplary reputation for capability and reliability, Iberia Maintenance is the largest independent RB211 engine repair and overhaul facility in Europe, and has significant long term experience of the repair and overhaul of RolIs Royce RB211-535 E4/E4B engines. This impressive capability is being further extended to include the RB211-535 C37 especially for DHL. Other engine types for which IBERIA Maintenance offers repair and overhaul services to the global aviation industry based on its many years of experience includes the CFMI CFM56-5A, CFM56-5B, CFM 56-5C and the CFM56-7B and latterly the CF 34. IBERIA maintenance also enjoys special relationships with the world's engine OEMs including General Electric, RolIs Royce, and Snecma.

This long-term engine maintenance support partnership between Iberia Maintenance & DHL is regarded by IBERIA as one of the most important new agreements in recent times - not only beca use of the more than eighty engines involved and minimum ten-year contract term but because of the prestige of DHL and the potential to further develop the unique relationship that exists between these two global forces in aviation.

Iberia Maintenance is the maintenance division of IBERIA Lineas Aéreas de España, S.A. with its headquarters and principal maintenance facilities at Madrid Barajas Airport in Spain. From its modern, extensive and comprehensively equipped facilities Iberia Maintenance supports the large and expanding Iberia fleet of A320 family, A340, B757, MD80 aircraft types with all-inclusive maintenance services covering airframes, engines and components. With more than 100 airline Customers worldwide - including British Airways, Continental Airlines, Olympic Airways, Meridiana, AtlasJet, Onur, China's Southern, Xinjiang & Xiamen Airlines, Switzerland's Belair, Canada's Skyservice, Air Finland, Aladia and the UK's Mytravel Airways, Iberia Maintenance is emerging as one of the world's leading suppliers of 3rd party Airframe, Engine and Component maintenance services. Closer to home IBERIA Maintenance's Customers outside the Iberia Group but within Spain include Air Nostrum, Iberworld, Air Europa, Air Comet, Spanair, Privilege Style, Cygnus, Audely, Swiftair and Clickair.

Iberia today is Spain's leading airline and also market leader on flights between Europe and Latin America. In 2007 it posted operating income of more than 5.52 billion euros and net earnings of 327.6 million, with an EBITDAR above 932 million. It is also distinguished for its social, economic, and environmental policies. Along with its franchise partner Iberia Regional/Air Nostrum, it operates some 1,000 flights every day to about 100 destinations. In 2007 Iberia carried 32.5 million passengers. It is a member of the oneworld airline alliance along with American Airlines, British Airways, Cathay Pacific, Finnair, JAL, LAN, Malev, Qantas y Royal Jordanian. For more information, visit qruPo.iberia.com.

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