CTT Systems: CTT wins BFE Zonal Drying™ order for 11 B737s from flydubai

NYKÖPING, Sweden--()--Regulatory News:

CTT SYSTEMS (CTT)(STO:CTT), the unprecedented market leader in eliminating condensation in aircraft structures, today revealed that flydubai will BFE equip an additional 11 new Next-Generation Boeing 737-800 aircraft with the Zonal Drying™ non-condensation system.

The Dubai-based airline recently confirmed an USD8.8 billion order for 86 new Boeing aircraft, including 11 Next-Generation Boeing 737-800s. The Zonal Drying™ System will be installed by Boeing on each of these 11 aircraft which will be delivered between 2016 and 2017.

“flydubai confirms our solid business case for our Zonal Drying™ System for narrow-body operators,” said Peter Landquist, VP Sales. “flydubai operates a modern fleet of aircraft with a focus on cost-effective operations. By installing the system on brand new aircraft in the Boeing factory, flydubai benefits from a reduction in maintenance costs and prevention of water weight accumulation in the insulation blankets due to fuselage condensation, which leads to a significant fuel saving.”

flydubai began working with CTT in 2011 when it placed an order for 31 Zonal Drying™ Systems with the remainder to be delivered by 2015.

Mick Hills, Senior Vice President Engineering & Maintenance at flydubai, said: “flydubai operates an environmentally friendly fleet of Boeing aircraft. They are powered by CFM56-7B engines from CFM International and are fitted with winglets from Aviation Partners Boeing. We began working with CTT in 2011 and the Zonal Drying™ System has already provided us with significant savings in emissions and fuel costs.”

Commenting further on the partnership, Landquist continued: “We look forward to continue strengthening our partnership with flydubai and to being part of flydubai’s rapid expansion which is set to continue with its recent aircraft order.”

By eliminating condensation in the aircraft both operational and maintenance costs are lowered through:

• Reduced fuel consumption, i.e. lower aircraft weight of 200-300kg for B737 due to elimination of accumulated water.

• Improved operational reliability, i.e. less corrective maintenance.

• Consistent insulation performance, i.e. water reduces insulation performance.

Moreover, the residual value of the aircraft will be protected or even improved due to the reduced corrosive impact over the years. Reduced fuel burn, due to a reduction in the weight of the aircraft, also has a positive impact on the environment.

About CTT SYSTEMS

CTT’s Zonal Drying™ System has been selected as basic equipment for the new B787 “Dreamliner” and CTT’s humidifiers are options in crew rest compartments and on the flight deck. The A380 offers CTT’s humidifiers as option in crew rest compartments. CTT will also supply the Zonal Drying™ system and the Cair™ system for the A350 aircraft, as options.

This information is disclosed by CTT Systems AB in accordance with the Swedish Securities Markets Act, the Swedish Financial Instruments Trading Act, or the requirements stated in the listing agreements. The information was submitted for publication on 3 April 2014 at 16:25 (CET).

CTTs products Zonal Drying ™, Cair ™, Flight Deck and Crew Humidifier are standard or optional equipment on Boeing B787, Airbus A350 and A380. CTT has today more than 500 systems installed in more than 30 airlines worldwide. CTT has now 21 years of operating experience on the Zonal Drying ™ system plus 15 years on Cair ™ and Crew Humidifier systems. IATAs report on fuel-saving measures is now including Zonal Drying ™ as one of the few available fuel-saving systems for retrofitting.

This information was brought to you by Cision http://news.cision.com

Contacts

CTT Systems AB
Torbjörn Johansson
President
Tel. +46-155-205901
alt. mobile. +46-70-665 24 46
or E-mail: torbjorn.johansson@ctt.se
or
Peter Landquist
VP Sales, Marketing & Customer Support CTT Systems AB
Tel. +46-155-205902
alt. mobile. +46-70-665 24 45
or E-mail peter.landquist@ctt.se
Also visit: www.ctt.se

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Contacts

CTT Systems AB
Torbjörn Johansson
President
Tel. +46-155-205901
alt. mobile. +46-70-665 24 46
or E-mail: torbjorn.johansson@ctt.se
or
Peter Landquist
VP Sales, Marketing & Customer Support CTT Systems AB
Tel. +46-155-205902
alt. mobile. +46-70-665 24 45
or E-mail peter.landquist@ctt.se
Also visit: www.ctt.se