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Qantas Selects B/E Aerospace for First Class

B/E Aerospace, today announced its selection by Qantas Airways to design, manufacture and deliver international long-haul first class accommodations for Qantas’ new fleet of Airbus A380 aircraft. Depending upon the final aircraft configuration and product features, the firm order will likely be in excess of $30 million. The total program value could nearly double in the event that option aircraft are exercised. Based in Sydney, Qantas is the flag carrier airline of Australia and the recent recipient of the Air Transport World magazine “Airline of the Year” award. B/E’s Integrated Cabin Solutions (ICS) team will manage the program, drawing upon the design, engineering and manufacturing resources from several of B/E’s principal manufacturing facilities. Qantas anticipates delivery of its first A380 in 2006 and B/E product deliveries are scheduled to begin in mid-2006.

“This program is the second major A380 award for B/E and continues the momentum we have established in the growing international super first class market. Additionally, this award further solidifies our long-term relationship with Qantas, one of the most innovative carriers in the world,” said Robert Khoury, President and Chief Executive Officer of B/E.

The Qantas award, in addition to the previously announced Thai, Malaysia Airlines and Emirates programs, demonstrates a growing demand for high-end, premium cabin interiors for international super first class travel. The initial value of all four programs aggregate over $225 million, exclusive of option aircraft, with initial product deliveries scheduled to begin in the second half of 2005.