B/E Aerospace Comments on Delivery Performance
July 26 2007 - 12:38PM
Business Wire
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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