26.07.2007 16:38:00
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B/E Aerospace Comments on Delivery Performance
B/E Aerospace, Inc. (Nasdaq:BEAV), the world's leading manufacturer of
aircraft cabin interior products and a leading aftermarket distributor
of aerospace fasteners, in response to a number of inquiries, confirmed
today that the company continues to maintain superior on-time
performance ratings with both Boeing and Airbus.
"The major aircraft OEMs have expressed
concerns about the cabin customization process, and some suppliers have
not had satisfactory delivery performance,”
said Amin J. Khoury, Chairman and Chief Executive Officer of B/E
Aerospace, Inc. "However, B/E Aerospace
currently enjoys superior supplier performance ratings for aircraft
seating and all of its other aircraft interior products at both OEMs. In
fact, B/E has taken a leadership role with both Boeing and Airbus to
define and implement industry-wide process improvements in the area of
IFE integration, cabin customization and certification.”
The company looks forward to commenting further on July 31, 2007 when it
releases its financial results for the second quarter ended June 30,
2007.
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 and results 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, Form 10-K and Form 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 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 www.beaerospace.com.
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