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2014-04-03

CTT Systems: CTT wins BFE Zonal Drying™ order for 11 B737s from flydubai

CTT SYSTEMS (CTT), the unprecedented market leader in eliminating
condensation in aircraft structures, today revealed that flydubai
will BFE equip an additional 11 new Next-Generation Boeing 737-800
aircraft with the Zonal Drying™ non-condensation system.

The Dubai-based airline recently confirmed an USD8.8 billion order for
86 new Boeing aircraft, including 11 Next-Generation Boeing 737-800s.
The Zonal Drying™ System will be installed by Boeing on each of these
11 aircraft which will be delivered between 2016 and 2017.

"flydubai confirms our solid business case for our Zonal Drying™
System for narrow-body operators," said Peter Landquist, VP Sales.
"flydubai operates a modern fleet of aircraft with a focus on
cost-effective operations. By installing the system on brand new
aircraft in the Boeing factory, flydubai benefits from a reduction in
maintenance costs and prevention of water weight accumulation in the
insulation blankets due to fuselage condensation, which leads to a
significant fuel saving."

flydubai began working with CTT in 2011 when it placed an order for 31
Zonal Drying™ Systems with the remainder to be delivered by 2015.

Mick Hills, Senior Vice President Engineering & Maintenance at
flydubai, said: "flydubai operates an environmentally friendly fleet
of Boeing aircraft. They are powered by CFM56-7B engines from CFM
International and are fitted with winglets from Aviation Partners
Boeing. We began working with CTT in 2011 and the Zonal Drying™
System has already provided us with significant savings in emissions
and fuel costs."

Commenting further on the partnership, Landquist continued: "We look
forward to continue strengthening our partnership with flydubai and
to being part of flydubai's rapid expansion which is set to continue
with its recent aircraft order."

By eliminating condensation in the aircraft both operational and
maintenance costs are lowered through:

· Reduced fuel consumption, i.e. lower aircraft weight of 200-300kg
for B737 due to elimination of accumulated water.

· Improved operational reliability, i.e. less corrective maintenance.

· Consistent insulation performance, i.e. water reduces insulation
performance.

Moreover, the residual value of the aircraft will be protected or even
improved due to the reduced corrosive impact over the years. Reduced
fuel burn, due to a reduction in the weight of the aircraft, also has
a positive impact on the environment.

About CTT SYSTEMS

CTT's Zonal Drying™ System has been selected as basic equipment for
the new B787 "Dreamliner" and CTT's humidifiers are options in crew
rest compartments and on the flight deck. The A380 offers CTT's
humidifiers as option in crew rest compartments. CTT will also supply
the Zonal Drying™ system and the Cair™ system for the A350 aircraft,
as options.

This information is disclosed by CTT Systems AB in accordance with the
Swedish Securities Markets Act, the Swedish Financial Instruments
Trading Act, or the requirements stated in the listing agreements.
The information was submitted for publication on 3 April 2014 at
16:25 (CET).

For additional information:

Torbjörn Johansson, President, CTT Systems AB.
Tel. +46-155-205901 alt. mobile. +46-70-665 24 46, or E-mail:
torbjorn.johansson@ctt.se

Peter Landquist, VP Sales, Marketing & Customer Support CTT Systems
AB.

Tel. +46-155-205902 alt. mobile. +46-70-665 24 45, or E-mail
peter.landquist@ctt.se

Also visit: www.ctt.se

CTTs products Zonal Drying ™, Cair ™, Flight Deck and Crew Humidifier
are standard or optional equipment on Boeing B787, Airbus A350 and
A380. CTT has today more than 500 systems installed in more than 30
airlines worldwide. CTT has now 21 years of operating experience on
the Zonal Drying ™ system plus 15 years on Cair ™ and Crew Humidifier
systems. IATAs report on fuel-saving measures is now including Zonal
Drying ™ as one of the few available fuel-saving systems for
retrofitting.

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http://news.cision.com/ctt-systems/r/ctt-wins-bfe-zonal-drying--order-fo...
http://mb.cision.com/Main/454/9563563/229041.pdf

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