China Southern Selects B/E Aerospace For A300-600 Passenger-to-Freighter Conversion.WELLINGTON, Fla. -- B/E Aerospace, Inc. (Nasdaq:BEAV BEAV Binary Editor and Viewer ), the world's leading manufacturer of aircraft cabin An aircraft cabin is the section of an aircraft in which passengers travel, often just called the cabin. At cruising altitudes, the surrounding atmosphere is too thin to breathe without an oxygen mask, so cabin pressurization adapts the cabin to atmospheric pressures. interior products and a leading aftermarket distributor of aerospace fasteners, today announced that China Southern, the largest airline in the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China, has selected it to convert six of its A300-600 passenger airliners to freighter aircraft. Deliveries under this program are expected to begin in the latter part of 2007. B/E's Flight Structures group will develop the engineering and certification package and will manufacture the structural components required for the conversion, while Guangzhou Aircraft Maintenance Engineering An Aircraft Maintenance Engineer (AME) is a person licenced to certify maintenance performed on an aircraft. The Canadian equivalent to an American Aircraft Maintenance Technician, AMEs are licenced by Transport Canada to perform maintenance as per the Canadian Aviation Regulations. Company (GAMECO), a China Southern affiliate, will perform the conversions. The passenger-to-freighter conversion process includes modifying the floor and floor support structures to accommodate the increased freighter floor loading, as well as the airframe to accept a cargo door and a door surround structure to accommodate large freight pallets and containers. Aircraft mechanical and electrical systems will also be modified to suit the aircraft's new mission as a freighter. The structural modification uses state-of-the-art finite element See FEA. modeling to establish internal and external loads. "With nearly 300 A300-600 aircraft in service today, industry analysts have estimated over 160 are reaching the end of their useful passenger life, making this airframe an ideal candidate for conversion to a new mission as a cargo freighter, and representing a potential market of more than one billion dollars. The A300-600 passenger-to-freighter conversion offers a cargo plane cargo plane n → avión m de carga cargo plane n → avion-cargo m cargo plane cargo n → with superior operating economics while significantly extending the economic operating life of the airframe asset," said Amin J. Khoury, Chairman and Chief Executive Officer of B/E Aerospace, Inc. "The China Southern program should allow B/E to leverage its proven capabilities in passenger-to-freighter conversions to this new airframe platform." B/E, through is Flight Structures group, currently holds over 200 supplemental type certificates The Supplemental Type Certificate (STC) is the Federal Aviation Administration term for the approval that extends a type certificate for modifications made to an airframe, engine, or appliance. External links
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks and uncertainties. B/E's actual experience may differ materially from that anticipated in such statements. Factors that might cause such a difference include those discussed in B/E's filings with the Securities and Exchange Commission, including but not limited to its most recent proxy statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. , Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and Form 10-Q Form 10-Q See 10-Q. . For more information, see the section entitled "Forward-Looking Statements" contained in B/E's 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, we do not have any obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances. About B/E Aerospace, Inc. B/E Aerospace, Inc. is the world's leading manufacturer of aircraft cabin interior products, and a leading aftermarket distributor of aerospace fasteners. B/E designs, develops and manufactures a broad range of products for both commercial aircraft and business jets. B/E manufactured products include aircraft cabin seating, lighting, oxygen, and food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. preparation and storage equipment. The company also provides cabin interior design, reconfiguration and passenger-to-freighter conversion services. Products for the existing aircraft fleet -- the aftermarket -- generate about 60 percent of sales. B/E sells and supports its products through its own global direct sales and product support organization. For more information, visit B/E's website at http://www.beaerospace.com. |
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