Posted on: 23 February 2011 by Ross McSweeny
EMRISE Corporation has received a $1.5 million order to install its electronic devices for use on the external communications of IFEC systems aboard a commercial aircraft.
The UK based company and EMRISE subsidiary, Pascall, has claimed the order with a longstanding customer and is expected to ship over a three-year period starting in the second half of 2011.
Commenting on the order, EMRISE Chairman and Chief Executive Officer, Carmine T. Oliva stated this order is part of an existing multi-million dollar program under which systems of this type are being installed in aircraft of multiple domestic and international air carriers.
"Today, airline industry growth and profitability are being driven by increasing passenger traffic, ancillary revenue sources and a range of new revenue generating services such as IFE&C," Oliva added. "The demand for new sources and types of revenue, the interest in providing IFE&C services on short-haul aircraft, and the recent increases in construction of new, more advanced aircraft, is driving growth in the IFE&C market, which in turn helps increase demand for the IFE&C products provided by EMRISE."