Here's a thought....in 1 word...CHINA . An oldy but a goody!!
December 5, 2007
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/
AeroMechanical Services Ltd. TSX-V Trading Symbol “AMA”
A Tier 2 Industrial Issuer
CALGARY, Dec. 5 /CNW/ – AeroMechanical Services Ltd. (AMA on TSX-V)
announced today that it has received a purchase order for 10 afirs units from
the Aircraft Data Communications Company of China (“ADCC”) for new generation 737 aircraft. This purchase order is the initiation of the long awaited roll out of AMS technologies for the aviation industry in China.
This purchase order comes on the heels of ADCC receiving approval by way
of Verified Supplemental Type Certificates (VSTC) covering 737 aircraft in
China.
Mr. Nui, President of ADCC stated that, “we worked very closely with the
authorities over a number of months to speed up the process of having AMS’
technologies approved for use with our commercial aviation customers in
China.”
Installations will begin early in the New Year with activation upon
receipt of final approvals.
Once the VSTC has been received for the A320, Boeing 757 and 767 and
Bombardier CRJ fleets, orders will be placed to equip these fleets with the
AMS products as well. It is our expectation that shipments and installations
will ramp up on a continuous basis through 2008 and beyond.
The frequency, which AMS utilizes for Chinese commercial aircraft,
remains under review by the Chinese authorities. However, ADCC’s decision to
start ordering afirs technology was driven by its confidence that formal
approval is imminent.
Michael Fang, Vice-President of AMS responsible for China stated that,
“while this has taken considerably longer than expected, we are confident our
roll out in China is finally underway. We appreciate the time and energy that
ADCC management and staff have put into securing the necessary approvals to
make this program a success and we are very pleased to be an integral part of
the growth strategies of China’s commercial aviation sector. Our very
successful relationship with ADCC, CAAC and all of the Chinese airlines is due
to the hard work and outstanding efforts of ADCC.”
China currently has a commercial fleet in excess of 1,100 aircraft with
recent Airbus and Boeing orders pushing that number to roughly 1,300.