Market Overview

Triumph to Provide Thrust Reverser MRO Services for Asiana Airlines Fleet


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

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.

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