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Four Airlines of European TUI Group Select Teledyne Controls' Flight Data Monitoring Tool AirFASE™

LOS ANGELES, CA - October 7, 2004 - Teledyne Controls, a business unit of Teledyne Technologies Incorporated (NYSE: TDY), announced today that Hapag-Lloyd, TUI Airlines Belgium, Britannia UK and Britannia Nordic, four airlines of Europe's leading tourism group TUI AG have selected AirFASE™, a flight data analysis software tool designed to assist aircraft operators to manage their Flight Data Monitoring (FDM) programs.

"AirFASE is a comprehensive FDM solution that will be instrumental in supporting our flight safety program," said Captain Eckhard Jann, Safety Pilot in the Investigation Team at Hapag-Lloyd. "This all-in-one system integrates advanced tools for flight data analysis and reporting, as well as 3D animation features that will aid incident investigation and enhance training. We also selected AirFASE because it was an integral part of the end-to-end FDM solution Teledyne Controls can deliver to the TUI Group," added Mr. Jann. In the context of a fully automated FDM system implementation, the TUI airlines plan to use, in conjunction with AirFASE, Teledyne's Wireless GroundLink® for the recording and wireless transmission of their flight data.

"Over the past few months, we have built a strong relationship with Hapag-Lloyd, working on several FDM solutions, including the successful beta-testing of AirFASE," said Hans-Juergen Neufert, Teledyne Controls' Senior Manager of Sales and Service for the Europe region. "We are very pleased to move forward with them and extend our collaboration to the other TUI airlines."

Jointly developed and supported by Teledyne Controls and Airbus, AirFASE offers a proven flight data analysis solution that allows airlines to maintain their flight operations monitoring programs and harmonize them with regulatory agencies' recommendations and requirements. Designed to translate aircraft data into meaningful information, AirFASE enables operators to evaluate flight operations trends, identify risk precursors, and take early preventive/corrective actions. AirFASE performs all the major functions of the flight data analysis process. A sophisticated Flight Analysis Program (FAP) reconstructs the flight, compares actual data with recommended values, and highlights abnormal events and deviations. Advanced visualization tools, including 3D animation, allow for the easy review of flight information, while a powerful and configurable reporting editor delivers comprehensive and customizable reports. AirFASE is compatible with all major types of commercial transport aircraft, such as Airbus, Boeing, Bombardier, Embraer, etc.

About Teledyne Controls
Headquartered in Los Angeles, Teledyne Controls is a business unit of Teledyne Technologies Incorporated, and a leading manufacturer and innovator of a wide range of air transport, business & commuter aircraft, helicopter, and airport systems. Teledyne Controls supports its many airline, airframe, helicopter, airport customers with extensive product-support bases and worldwide facilities. More information about Teledyne Controls can be found at www.teledynecontrols.com.

About Teledyne Technologies Incorporated
Teledyne Technologies is a leading provider of sophisticated electronics, instruments and communication products, systems engineering solutions, aerospace engines and components and on-site gas and power generation systems. Teledyne Technologies has operations in the United States, the United Kingdom, Mexico and Canada. For more information, visit Teledyne Technologies' website at www.teledyne.com.

About TUI AG Airlines
TUI, the world's leading tourism group registered in Hanover and Berlin, encompasses 84 tour operator brands throughout Europe with around 18 million customers per year. The Group also includes over 3,600 travel agencies, 32 incoming agencies and 290 hotels with around 157,000 beds. Its portfolio of airlines includes the seven airlines Hapag-Lloyd Flug, Hapag-Lloyd Express, Britannia Airways UK, Britannia Airways SE, ThomsonFly, Corsair and TUI Airlines Belgium with 104 aircraft. The international team at TUI Airline Management, located in Hanover, controls the strategic central functions for the 104 aircraft in the fleet: management, planning, IT, buying, flight operations, service and maintenance. This generates synergy effects, and reduces costs. In all other aspects, the airlines are run as autonomous companies with local decision making and profit generating responsibility. This ensures rapid responses to local changes in customer requirements. More information about the TUI Group is available at www.tui.com

About Airbus
Airbus is a leading aircraft manufacturer with the most modern and comprehensive family of airliners ranging in capacity from 100 to more than 500 seats with the latest state-of-the art technologies on the market. Airbus has delivered more than 3,500 aircraft to some 260 customers and operators world-wide, and boasts a healthy delivery backlog of some 1,400 aircraft, which, at current rates, represents close to five years of production. With an annual turnover of €19.2 billion in 2003, Airbus is a global company with design and manufacturing facilities in France, Germany, the UK, and Spain, as well as subsidiaries in the U.S., China and Japan. Headquartered in Toulouse, France, Airbus is an EADS joint Company with BAE Systems. More information about Airbus can be found at www.airbus.com.


Teledyne Controls Contacts:
Warren Hechinger
Director of Sales & Service Europe, Africa & CIS
Phone: +1 (310) 442-4169
Email: warren_hechinger@teledyne.com

Hans-Juergen Neufert
Senior Manager of Sales & Service Europe, Africa & CIS
Phone: +49 (0) 40-2090-9640
Email: hans-juergen_Neufert@teledyne.com




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