B/E Aerospace (Nasdaq:BEAV), the world’s leading manufacturer of aircraft cabin interior products and the world’s leading provider of aerospace fasteners, consumables and logistics services, today announced that JetBlue Airways is launching new B/E Aerospace economy Pinnacle ® seats for JetBlue’s core economy seating at a media event today in New York City. B/E Aerospace will retrofit approximately 70 JetBlue Airbus A320 aircraft and will outfit approximately 30 brand new Airbus A321s that will join the JetBlue fleet over the next few years with its Pinnacle ® seats. In addition, there are options to retrofit up to approximately 60 additional A320 aircraft.
The B/E Aerospace Pinnacle ® main cabin seating platform is the industry’s lightest full-featured economy class seat. The Pinnacle ® seat provides JetBlue customers with superior ergonomic comfort, modern design features, and best-in-class technology while lowering the airline’s cost of ownership due to lighter, more reliable equipment.
Amin J. Khoury, Founder, Chairman and Chief Executive Officer of B/E Aerospace stated, “We are very pleased to partner with JetBlue, which is renowned for its customer experience, and to further enhance the airline’s reputation of providing its customers with the unique ‘JetBlue Experience’ by outfitting their aircraft with our very comfortable Pinnacle ® seats. Since its launch, the Pinnacle ® seating platform has captured awards to equip more than 2,000 new or existing aircraft. These awards are valued in excess of $1.2 billion and are for both narrow-body and wide-body aircraft. Today’s event by JetBlue continues to show the strength of one of our most successful new product launches ever.”
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements involve risks and uncertainties. The Company’s actual experience and results may differ materially from the experience and results anticipated in such statements. Factors that might cause such a difference include those discussed in the Company’s filings with the Securities and Exchange Commission (SEC), which include its Proxy Statement, Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. For more information, see the section entitled "Forward-Looking Statements" contained in the Company’s Annual Report on Form 10-K and in other filings. The forward-looking statements included in this news release are made only as of the date of this news release and, except as required by federal securities laws and rules and regulations of the SEC, the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV