Air New Zealand statement on global Rolls-Royce engine issu

Stock exchange listings: New Zealand (NZX: AIR) / Australia (ASX: AIZ)


MARKET ANNOUNCEMENT

Air New Zealand postal address: Private Bag 92007, Auckland, 1142, New Zealand
Investor Relations email: investor@airnz.co.nz
Investor website: www.airnewzealand.co.nz/investor


16 April 2018
Update:
Air New Zealand statement on global Rolls-Royce engine issue


Air New Zealand is working closely with engine manufacturer Rolls-Royce on a global issue
involving some of the Trent 1000 engines that power its Boeing 787-9 Dreamliner fleet.
Last month Rolls-Royce, in conjunction with European regulator EASA, issued a directive
requiring operators of a type of Trent 1000 engine known as ‘Package C’ to carry out earlier than
usual maintenance checks on a specific part of the engine compressor.
This check was already required prior to the engine reaching a flying threshold of 2,000 cycles
(one way journeys). The directive reduces that timeframe to 300 cycles. Rolls-Royce advises 380
engines globally are impacted by the directive, including nine in the Air New Zealand 787 fleet.
Trent 1000 Package C engines that have operated fewer than 300 cycles are unaffected by this
directive. Air New Zealand also has Trent 1000 TEN model engines in its 787 fleet and these are
unaffected.
Air New Zealand expects there will be some customer and operational impact to its international
schedule as a result of the checks. However, the airline does not expect this global issue
involving some of the Trent 1000 engines that power its Boeing 787-9 Dreamliner fleet to
materially impact FY18 earnings and previous guidance remains unchanged.


Karen Clayton
General Counsel and Company Secretary


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