Sales and profits continue to slip at BE Aerospace, but there are signs that cabin-equipment orders are picking up, says chairman, Amin Khoury. In the group's first quarter to the end of May, sales were down by 3%, to less than $56 million, and net profits were little more than break-even. Khoury says, however, that the company's backlog has grown to a record high of $350 million, helped by a revival in seating and galley markets. Deliveries of MDDS in-seat video systems are also starting to feed through, he says, pointing out that British Airways alone will take delivery of $120 million of MDDS systems over 1996 and 1997.
Source: Flight International
