B/E Aerospace Wins Chinese Programs Valued at $200 M

B/E Aerospace (Nasdaq:BEAV), the world's leading manufacturer of aircraft cabin interior products and the world's leading distributor of aerospace fasteners and consumables, today announced that it has been selected by a number of China's leading airlines, including Air China, China Southern Airlines, and Hainan Airlines, to equip their commercial airliner fleets with both B/E Aerospace seating products and B/E Aerospace food and beverage preparation and storage equipment. The awards are initially valued at approximately $200 million. "As evidenced by today's announcement, we have continued to successfully pursue our ambitious objectives in the Chinese aircraft interior equipment market having garnered a majority of all orders over the past several years. These awards have allowed us to further expand our leading aircraft interior products market share position in the Chinese market, the world's fastest growing commercial aircraft market," commented Amin J. Khoury, Chairman and Chief Executive Officer of B/E Aerospace.

Source: B/E Aerospace Inc.
Date: Feb 2, 2011