Re Contract
06 April 2006 - 6:28PM
UK Regulatory
RNS Number:0961B
AeroBox plc
06 April 2006
6 April 2006
Aerobox plc
Second Order from Unitpool
AeroBox Composite Structures LLC ("ACS"), the US subsidiary of Aerobox plc, is
pleased to announce a repeat order worth $1.4m, before agents costs, from
Unitpool AG ("Unitpool") for its AeroBox AKE-STD (standard door curtain)
containers. Unitpool is a ULD control and pooling service specialist that
exclusively provides ULDs (unit load devices) to its airline pool of 30
airlines, which includes: Swiss International Air Lines, Eithad Airways (the
national airline of the United Arab Emirates), Air Transat and World Airways.
This new order follows the initial contract, announced in January and was
negotiated by Aerobox's primary agent Watermark Limited. The units are scheduled
for delivery commencing in the fourth quarter of 2006.
Ray Gibbs, Group Managing Director said: "We are delighted that Unitpool have
placed a second order for our AeroBox. The robust product construction and
thermoplastic composite panels offers significant health and safety benefits and
lower repair levels in harsh environments producing substantially lower lifetime
costs of the container, which is clearly a key factor for Unitpool. This latest
contract is another endorsement of our product as a superior solution and
further validation of the global airline's interest in, and acceptance of, the
AeroBox container. To date we now have ULD orders worth over $4.5m for delivery
in 2006. As a consequence of the order level and industry interest we have
experienced in the AeroBox containers we are immediately moving to a second
production shift."
Enquiries:
Ray Gibbs, Group Managing Director, AeroBox plc +44 207 929 5599
Trevor Phillips Holborn +44 207 929 5599
Jeremy Porter Seymour Pierce +44 207 107 8000
Notes to Editors
The AeroBox air cargo container is the result of a decade of research and
development into composite structure panels. The strength and thermal resistance
of the AeroplazTM thermoplastic composite panels enables Aerobox to develop
custom made solutions for a wide range of applications in the aviation,
automotive and other industries. The unique construction of AeroplazTM provides
for improved strength and durability that can reduce costly repairs by over 90%
as well as improving reliability, utilisation and safety. The 1,400 AeroBox
containers now in operational use have flown over 100,000 flights in commercial
airlines around the globe, with a little more than 100 reported repairs.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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