CTT Systems AB to supply aircraft humidity control systems for the A350 XWB aircraft
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[July 04, 2008]

CTT Systems AB to supply aircraft humidity control systems for the A350 XWB aircraft

(Nordic Business Report Via Acquire Media NewsEdge)
Swedish aircraft humidity control systems provider CTT Systems AB (OMX
Stockholm: CTT) said on Friday (4 July) that it has signed a memorandum
of understanding with the German company Nordmicro.

The agreement, expected to be finalised over the next months, means
that CTT Systems will develop and supply its Zonal Drying and Cair
systems for the A350 XWB aircraft.

The agreement has a potential value of over USD300m over the lifetime
of the aircraft type.

CTT Systems, headquartered in Nykoping, Sweden, is a technology company
developing Zonal Drying systems for eliminating condensation on
aircraft structures, and Cair systems for controlling cabin humidity.


The company has some 30 employees and reported sales of SEK49m in
2006/2007.

One British pound (GBP) is worth approximately 1.99 US dollars (USD).
One British pound (GBP) is worth approximately 11.85 Swedish kronor
(SEK).



((Comments on this story may be sent to
nbr.feedback@nordicbusinessreport.com))

Copyright ? 2008 M2 Communications Ltd.

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