B/E Aerospace, the world's leading manufacturer of aircraft cabin
interior products and the world's leading distributor of aerospace
fasteners and consumables, today announced that one of its airline
customers plans to retrofit its fleet of Boeing 737 aircraft with B/E
Aerospace modular lavatories. The airline also plans to retrofit its
entire fleet of 737 aircraft, with B/E Aerospace Aircraft Ecosystems
vacuum toilets, and eventually to upgrade the cabins of its 737 fleet
with B/E Aerospace LED lighting systems.
Through a combination of
seat pitch adjustments, installation of B/E Aerospace lavatories,
toilets and LED lighting, the airline plans to upgrade the interiors of
its existing 737 fleet to more closely approximate the appearance and
economics of their new to be delivered 737's which will have both the
B/E Aerospace modular lavatories and toilets as well as B/E Aerospace
LED lighting systems. The lavatories incorporate patent pending,
Spacewall technology, which frees up floor space in the cabin, creating
the opportunity to add up to six incremental passenger seats per
aircraft. The B/E Aerospace lightweight LED lighting system which
features adjustable lighting with full spectrum color capabilities,
provides superior cabin ambiance and unprecedented lighting control.
"We
are very pleased to announce our first 737 retrofit award for our
modular lavatory systems. The B/E Aerospace lavatory is being developed
in close coordination with Boeing and will become standard equipment for
their new 737's. Boeing believes that the B/E Aerospace lavatory
provides significant advantages to the interior of the 737 aircraft. Our
lavatory has an improved look and feel, provides more useable space,
and is more comfortable for passengers. In addition, through the design
of the lavatory interior and antimicrobial coatings on the interior
surfaces, the lavatory is cleaner and more hygienic. We expect to begin
delivering certified lavatories to Boeing in the second half of this
year," stated Amin J. Khoury, Chairman and Chief Executive Officer of
B/E Aerospace.
"We look forward to working with our airline
partners on retrofitting their 737 fleets with multiple B/E Aerospace
products. These awards specifically underscore our reputation for
innovation driven by our successful R&D programs," continued Mr.
Khoury.
Certain portions of the retrofit program are firm while
other portions are under options. The first retrofit modular lavatories
are expected to be delivered before the end of 2014. However, in
addition to the modular lavatory and lighting retrofits, the airline has
already begun retrofitting all of the airline's 737 aircraft with B/E
Aerospace composite Aircraft Ecosystems vacuum toilets which are more
hygienic, lighter weight, and require less maintenance than comparable
toilets.
This news release contains forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Such forward-looking statements involve risks and
uncertainties. The Company's actual experience and results may differ
materially from the experience and results anticipated in such
statements. Factors that might cause such a difference include those
discussed in the Company's filings with the Securities and Exchange
Commission (SEC), which include its Proxy Statement, Annual Report on
Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form
8-K.
For more information, see the section entitled
"Forward-Looking Statements" contained in the Company's Annual Report on
Form 10-K and in other filings. The forward-looking statements included
in this news release are made only as of the date of this news release
and, except as required by federal securities laws and rules and
regulations of the SEC, the Company undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.
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