RIED IM INNKREIS, Austria, Aug. 20, 2012 /PRNewswire/ -- The 2012 Global Market Share Leadership Award in the Main Cabin Segment for Commercial Aircraft Interiors is presented to FACC AG, a leading company in the design, development and production of advanced fiber reinforced composite components and systems for the aviation industry. Long-term client relationships, supported by aircraft cabin integration capabilities, a strong supply network and in-house engineering know-how underpin FACC AG's receipt of this award.
The Market Share Leadership Award is a prestigious recognition of FACC's accomplishments in the Main Cabin Segment for Commercial Aircraft Interiors. FACC's market share has grown on a year-on-year basis because of its product innovation and quality and strong relationship with the main commercial aircraft manufacturers globally. Its market share growth is fueled by its capacity as a full cabin integrator, along with a strong supply chain, enabling FACC to offer its customers high quality products manufactured from innovative materials that make aircraft cabins lighter, quieter and more functional.
"FACC AG has evolved to become an integrator of choice for the largest aircraft manufacturers globally, such as Airbus, Boeing, Bombardier, Embraer, COMAC and Sukhoi," notes Frost & Sullivan Industry Analyst Monika Lawrzecka-Trappmann. "With its involvement in new aircraft projects, such as the A350 XWB and C919 - for which it has developed new modern main cabins - the company is expected to reinforce its market position."
According to Frost & Sullivan estimates, FACC's production volume of cabin interiors has experienced significant growth over 2011, with an overall increase of 22 per cent in global commercial aircraft interiors revenue. The market share in the area of the global commercial aircraft main cabin production has increased from 9.1 per cent in 2010 to 10.9 per cent in 2011 and more than 20 per cent in the forward fit market, which is FACC's market focus.
"For us, the Global Market Share Leadership Award is an important recognition of FACC's accomplishments in the area of aircraft main cabins and cabin elements. It acknowledges our efforts to deliver excellence and best practice within the global aircraft interiors market," outlines Gerhard Mortenhuber, Vice Presidents Interiors of FACC AG. "My special thanks go to my colleagues and our partners who have helped to build a long-term relationship with our customers, supported by our excellent cabin integration capabilities, our strong supply network and our broad in-house engineering know-how."
The Frost & Sullivan Award for Market Share Leadership is conferred to the company that has demonstrated excellence in capturing the highest market share within its industry. The Award recognizes the company's leadership position within the industry in terms of revenues and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development.
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FACC AG is one of the world's leading companies in the design, development and production of advanced fiber reinforced composite components and systems for the aviation industry. Their range of products reaches from structural components for the fuselage and wings to engine components to complete passenger cabins for passenger planes and helicopters. FACC is a supplier to all large aircraft manufacturers such as Airbus, Boeing, Bombardier, Embraer, Sukhoi, and COMAC as well as for engine manufacturers and sub-suppliers of manufacturers.
In the business year of 2010/11, FACC achieved a turnover of 271.8 million Euros and employed an average of 1,582 employees. Further information can be found under www.facc.at.
SOURCE Frost & Sullivan