FACC Receives Frost & Sullivan Award 2012
RIED IM INNKREIS, Austria, Aug. 20, 2012 /PRNewswire/ -- The 2012 Global Market Share Leadership Award in the Main Cabin Segment for Commercial Aircraft Interiors is presented to FACC AG, a leading company in the design, development and production of advanced fiber reinforced composite components and systems for the aviation industry. Long-term client relationships, supported by aircraft cabin integration capabilities, a strong supply network and in-house engineering know-how underpin FACC AG's receipt of this award.
The Market Share Leadership Award is a prestigious recognition of FACC's accomplishments in the Main Cabin Segment for Commercial Aircraft Interiors. FACC's market share has grown on a year-on-year basis because of its product innovation and quality and strong relationship with the main commercial aircraft manufacturers globally. Its market share growth is fueled by its capacity as a full cabin integrator, along with a strong supply chain, enabling FACC to offer its customers high quality products manufactured from innovative materials that make aircraft cabins lighter, quieter and more functional.
" FACC AG has evolved to become an integrator of choice for the largest aircraft manufacturers globally, such as Airbus, Boeing, Bombardier, Embraer, COMAC and Sukhoi," notes Frost & Sullivan Industry Analyst Monika Lawrzecka-Trappmann. "With its involvement in new aircraft projects, such as the A350 XWB and C919 - for which it has developed new modern main cabins - the company is expected to reinforce its market position."According to Frost & Sullivan estimates, FACC's production volume of cabin interiors has experienced significant growth over 2011, with an overall increase of 22 per cent in global commercial aircraft interiors revenue. The market share in the area of the global commercial aircraft main cabin production has increased from 9.1 per cent in 2010 to 10.9 per cent in 2011 and more than 20 per cent in the forward fit market, which is FACC's market focus.
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