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ARX Aerobox

0.47
0.00 (0.00%)
26 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aerobox LSE:ARX London Ordinary Share GB0032654427 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.47 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Re Contract

08/06/2006 8:03am

UK Regulatory


RNS Number:2503E
AeroBox plc
08 June 2006



8 June 2006

                                  AeroBox plc

                          Repeat Order from US Carrier


AeroBox plc is pleased to announce that its US trading subsidiary, AeroBox
Composite Structures LLC ("ACS"), has received a repeat order worth US$1.75m
from an American airline for its forkliftable variant of the AeroBox. The units
are scheduled for delivery over the next ten months. For commercial reasons ACS
is unable to disclose further details of this contract.


Ray Gibbs, Group Managing Director said:  "We are absolutely delighted to have
received this repeat order from a major US airline as it represents another
powerful endorsement of our product. As of today, we have sold US$5.5m of ULDs
for scheduled delivery in 2006. We have also generated ULD sales orders of
US$5.4m for delivery in 2007 and beyond."


Enquiries:


Ray Gibbs, Group Managing Director, 
AeroBox plc                                 +44 20 7929 5599

Trevor Phillips  
Holborn                                     +44 20 7929 5599

Jeremy Porter
Seymour Pierce                              +44 20 7107 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 1,600 AeroBox
containers now in operational use have flown over 125,000 flights in commercial
airlines around the globe, with the repair rate running at less than 50% of the
attrition rates of traditional aluminium boxes.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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