Press release -
Cavotec wins airport equipment orders worth more than EUR 11 million
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.
The largest of these orders is for a substantial number of ground support systems for Hong Kong International Airport Midfield Apron Project. Cavotec will be supplying 400Hz converters, 400Hz electrical pit systems, deck loader power supply pits, fuel vault access covers and fuel hydrant pits. Deliveries are scheduled during 2017 and 2018.
The Midfield Apron Project is part of the Airport Authority of Hong Kong (AAHK) expansion plan to meet increased passenger demand and allowing it to continue its role as one of the primary aviation hubs in the Asia-Pacific region.
“AAHK is a long standing Cavotec customer, and we’re delighted to see our capacity to manage large, complex projects once again confirmed by this order,” says Gustavo Miller, Cavotec COO APAC.
The ground support equipment order follows a separate order that Cavotec received in 3Q16 for fuelling equipment for the same project.
Among the other orders received in 4Q16, Cavotec won orders to supply pre-conditioned air (PCA) and 400Hz electrical power supply pit systems for 15 aircraft stands at Rome Fiumicino International Airport, another long standing Cavotec customer. The order is part of the third phase of a major project involving two new terminals and several remote aircraft parking stands.
Also in 4Q16, Cavotec has won a number of service, equipment and system orders for a variety of aircraft gate and maintenance hangar applications in locations such as Australia, Colombia, Germany, and the US. The orders include PCA units, 400Hz converters, utility pits, fuel hydrant pit systems.
Cavotec is a leading systems integrator of advanced ground support equipment in the global airports sector. Its in-ground technologies minimise tarmac congestion, improve operational efficiency and reduce environmental impact at terminals, remote stands and hangars at commercial and military applications worldwide. There are currently some 40,000 Cavotec aircraft pit systems installed worldwide.
The information in this release is subject to the disclosure requirements of Cavotec SA under the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. This information was publicly communicated on 1 December 2016, 08:30 CET.
Cavotec is a global engineering group that manufactures power transmission, distribution and control technologies that form the link between fixed and mobile equipment in the Ports & Maritime, Airports, Mining & Tunnelling and General Industry sectors. To find out more about Cavotec, visit our website at cavotec.com.