LATÉCOÈRE SELECTED BY STELIA AEROSPACE TO MANUFACTURE AN EMERGENCY EXIT DOOR FOR THE BOMBARDIER GLOBAL 7000

Latécoère, an international group and tier 1 partner to the world's largest aircraft manufacturers, has been selected by STELIA Aerospace to manufacture the Over Wing Emergency Exit Door for Bombardier's Global 7000^TM jet.

STELIA Aerospace, a world leader in in the field of aerostructures, pilot seats and Business class and First-class passenger seats, has been chosen by Bombardier to design and manufacture the central fuselage of its largest business jet, the Global 7000, and has chosen Latécoère's recognized expertise for the manufacture of the jet's Over Wing Emergency Exit Door.

The new “built-to-print” contract will commission several Group sites including the 4.0 factory in Montredon on the outskirts of Toulouse for the development and manufacture of parts, and the plant in Mexico which is closest to the final assembly line. The first delivery is scheduled for September 2018.

Yannick Assouad, Chief Executive Officer of Latécoère, said: “We are proud to have been awarded this new contract which matches perfectly with our strategy to diversify our programs. Latécoère's teams and I are thoroughly committed to accompanying STELIA Aerospace in its future development.”

About STELIA

With a turnover of 2,2 billion euros and 6 900 employees STELIA Aerospace is one of the world leaders in the field of aerostructures, pilot seats and Business class and First-class passenger seats.

STELIA Aerospace designs and manufactures the front fuselage sections for the entire Airbus family, as well as fuselage sections and specific sub-assemblies for Airbus, fully equipped wings for ATR, fully equipped central fuselages for Bombardier's Global7000, and complex metallic and composite aerostructure parts for Boeing, Bombardier, Embraer, Northrop-Grumman…

About Latécoère

Latécoère is a tier 1 partner to major international aircraft manufacturers (Airbus, Embraer, Dassault, Boeing and Bombardier), in all segments of the aeronautical market (commercial, regional, corporate and military aircraft), specializing in two fields:

• Aerostructures Industrial (65% of total revenue): fuselage sections and doors.


• Interconnexion Systems (35% of total revenue): onboard wiring, electrical harnesses and avionics bays.

At 31 December 2016, Latécoère employed 4,338 people in 8 different countries. Latécoère, a French corporation (société anonyme) with capital of €188,398,504 divided into 94,199,252 shares with a par value of €2 per share, is listed on Euronext Paris - Compartment B. ISIN codes: FR0000032278 - Reuters: LAEP.PA - Bloomberg: LAT.FP

LATECOERE

Sebastien Rouge / Chief Financial Officer

Tel.: +33 (0)5 61 58 77 00

[email protected]

 
ACTUS finance & communication

Corinne Puissant / Investors Relations

Tel.: +33 (0)1 53 67 36 77 - [email protected]

Anne-Catherine Bonjour / Media Relations

Tel.: +33 (0)1 53 67 36 93 - [email protected]

Source: Actusnews