Global engineering group Cavotec has won orders worth more than EUR 27 million for its innovative aircraft servicing systems at applications worldwide, including China, Germany, Indonesia, Italy, Turkmenistan, UAE and the US. The majority of these orders are scheduled for delivery in 2015, barring any adjustments from customers.
News of orders for our innovative Sub-freezing DX-Boost pre-conditioned air (PCA) technology for cooling aircraft at the Presidential Flight Hangar at Abu Dhabi International Airport, and at the Oman Air MRO facility at Muscat International Airport.
This is a summary of our first quarter results. The complete report, with tables, is available on our investor relations website. Investors should not rely on summaries only, but should review the complete reports with tables.
Cavotec SA's previously announced strategic plan and new organisational structure — based on two distinct Business Units (BU), Ports & Maritime and Airports & Industry — entered into effect on January 1, 2017.
Cavotec has won a number of orders for its innovative aircraft ground support systems for applications in Australia, China, Colombia, Germany, Italy and the US, the largest of which is for Hong Kong International Airport. The orders, all received in 4Q16, have a combined value of more than EUR 11 million.
This is a summary of the 4Q15 report and full year 2015 summary published today. The complete 4Q15 report and full year summary with tables is available at http://investor.cavotec.com/results.cfm. Investors should not rely on summaries only, but should review the complete reports with tables.
Cavotec has unveiled its innovative Series 2500+ ground power unit at inter airport Europe 2015. The system, readily combined with a 400Hz modular coiler (PowerPack I-connect), has been designed for the global market and to meet airlines’ growing environmental and operational requirements.
This is a summary of the 1Q15 report published today. The complete 1Q15 report and full year summary with tables is available at http://investor.cavotec.com/results.cfm. Investors should not rely on summaries only, but should review the complete reports with tables.
Weather and climate have significant impacts on airport operations. Harsh weather conditions cause millions of dollars of damage each year, and cause disruption. The build-up of snow, ice, and slush affects aircraft access to runways, and risks disruption to ground handling services on aprons. While the weather cannot be controlled, airports do have solutions available to mitigate its impact.
Our largest MoorMaster™ project to date, our combined AMP and MoorMaster™ system designed – the first of its kind anywhere in the world – and our move up to Mid Cap on the Stockholm OMX: here’s our pick of the milestones that made 2013 another defining year for Cavotec.
Join us at inter airport Europe 2017, from October 10 to October 13, at the Munich Trade Fair Centre.
Airbus has again selected Cavotec to supply innovative in-ground utility systems for several of their production facilities, including Tianjin in China, Mobile in Alabama in the US, and Hamburg in Germany, continuing a long-term relationship with Cavotec, and highlighting how Cavotec is seen as a trusted partner in the airport equipment industry and beyond.
As part of our on-going commitment to improving safety at airport gates, hangars and aprons, we are currently supporting our customers to retrofit Cavotec hydrant pit systems to meet a recent requirement announced by the Joint Inspection Group (JIG).
Our Centre of Excellence outside Frankfurt, Cavotec Fladung, recently welcomed a group of colleagues from our partner airport equipment supplier ADELTE, along with staff from Islamabad's new international airport. The Cavotec Fladung team were delighted to open the centre’s doors, and give a guided tour of the advanced production and R&D facilities at the Dietzenbach site.
Our innovative Cavotec 2500+ 400Hz solid state frequency converter unit continues to gain traction in the global ground support (GSE) market, with the US being the latest in a growing number of countries where the unit is safely and efficiently meeting the greater power demands of modern passenger aircraft.
Our Airports team is concluding another successful inter airport Europe which saw the launch of our new Series 2500+ frequency converter, as well as fruitful meetings with customers, suppliers and the media.
We’re at the seventeenth Dubai Airport Show this week, one of the world’s fastest-growing events in the airport calendar, it's also billed as the “world’s largest annual airport exhibition”.
Cavotec UK recently completed a successful move to new and larger premises in Stockton-on-Tees, a site ideally suited to the company’s future growth and expansion. Working closely with landlord UK Land Estates, Cavotec UK has also overseen the full redevelopment of the site.
Join us at inter airport Europe 2017 this week, where we're demonstrating how our advanced Ground Support Equipment - including 400Hz, PCA, wet services, fuel hydrant and tank farm systems – support airports and MRO hangars worldwide to make aircraft servicing safer, cleaner, and more efficient.
As the rate of passenger growth accelerates, and pressure to reduce costs and increase revenues intensifies, airports face significant operational challenges. IATA forecasts that more than 7.2 billion passengers will travel in 2035, doubling from 3.8 billion in 2016.