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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 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:4909Q AeroBox plc 25 August 2005 AeroBox plc New Contract Following the successful delivery of 250 containers in late 2004, AeroBox Composite Structures, LLC has now signed a contract with Virgin Atlantic Airways Limited for an additional 250 containers. The sale is composed of 100 units at the standard weight of 83 kilos for immediate delivery. The remaining 150 units weighing approximately 79 kilos are scheduled for delivery in the fourth quarter of this year. Charles Edwards, President of AeroBox Composite Structures, LLC said: "There is no higher recommendation than to receive a follow-on order and this is our first repeat customer order to date. Virgin Atlantic was the initial airline that trialed AeroBox containers in 2003 and clearly like what they see. However, intense competition from aluminium box manufacturers means that the sales margins on new orders are unlikely to be as satisfactory as had been previously projected." Enquiries: David Sebire, Chairman, AeroBox plc +44 1454 310066 Ray Gibbs, Finance Director, AeroBox plc +44 207 929 5599 Trevor Phillips, Holborn +44 207 929 5599 Jonathan Wright, 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 Aerobox has now flown over 50,000 flights in commercial airlines around the globe. This information is provided by RNS The company news service from the London Stock Exchange END CNTSEMFEISISEDA
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