World leader in passenger power for commercial airlines selected provide state-of-the-art power technology
EAST AURORA, NY, June 08, 2022–(BUSINESS WIRE)–Astronic Society (Nasdaq: ATRO), a leading provider of advanced technologies to the global aerospace, defense and other mission critical industries, today announced the signing of an agreement with South West Airlines provide sound EMPOWER® Passenger Seat Power System for installation on 475 Boeing 737 MAX-7 and MAX-8. This award is part of Southwest’s recently announced major cabin upgrade initiative to improve the guest experience.
The system configuration selected by South West Airlines will provide 60W Type-C and 10.5W Type-A USB charging ports at each passenger seat. This will allow passengers to power and charge two devices simultaneously, including smartphones, tablets, laptops and other portable electronic devices (PEDs).
“Our goal was to ensure that when we made the leap into the seat power supply market, we provided our customers with the latest and greatest performance cabin power system,” Tony said. Roach, vice president of customer experience and customer relations at Southwest Airlines. “Astronics was the obvious choice, with its next-generation system providing USB A and USB C power ports on every seat on the aircraft, in a space-saving system architecture that doesn’t compromise legroom.”
Astronics will begin delivering retrofit installations on Southwest Airlines’ existing MAX-8 fleet in Q4 2022 beginning in early 2023. Astronics Connectivity Systems and Certification Group has been selected to provide installation design, certification STC and installation kits. for renovation. Deliveries to Boeing for installation on new aircraft on the production line will begin in 2023.
“Southwest Airlines and Astronics share a customer-centric strategic vision, which includes a desire to collaborate and a willingness to invest in products and services that enhance the flight experience,” said Aaron Clarke, vice president of the cabin electronics at Astronics Advanced Electronic Systems. “We are thrilled that our new system architecture has been successful with Southwest, and we are excited to be part of the great experience Southwest brings to its passengers.”
About Astronics Corporation
Astronics Corporation (Nasdaq: ATRO) serves the global aerospace, defense and other mission critical industries with proven and innovative technology solutions. Astronics works side-by-side with its customers, integrating its range of power, connectivity, lighting, fabrics, interiors and test technologies to solve complex challenges. For more than 50 years, Astronics has delivered creative, customer-focused solutions with exceptional responsiveness. Today, global aircraft manufacturers, airlines, armed forces, completion centers and Fortune 500 companies rely on Astronics’ spirit of collaboration and innovation. The Company’s strategy is to increase its value by developing technologies and capabilities that provide innovative solutions to its target markets.
For more information about Astronics and its solutions, visit Astronics.com.
About Southwest Airlines Co.
Southwest Airlines Co. operates one of the world’s most admired and awarded airlines, delivering its unique value and hospitality at 121 airports in 11 countries. More than 50 years after its first flight in 1971, Southwest continues to democratize the skies through friendly, reliable and low-cost air travel and now carries more air travelers flying nonstop in the United States than any other airline.1. Based in Dallas and famous for its employee-focused corporate culture, Southwest maintains an all-time high for no furloughs or involuntary layoffs in its history. By empowering its nearly 59,0002 People to deliver unparalleled hospitality, the maverick airline cherishes a passionate loyalty among no less than 130 million customers flown annually. This formula for success has brought industry-leading prosperity and 47 consecutive years3 profitability for Southwest Shareholders (NYSE: LUV). Southwest continues to develop concrete steps toward an environmental sustainability goal of achieving carbon neutrality by 2050, including offering customers the opportunity to help help Southwest offset its carbon emissions. For more information, please visit Southwest.com/wannaoffsetcarbon. Learn more about Southwest.com/citizenship about how Southwest Airlines leverages a unique heritage and mission to serve communities around the world.
1Most recent U.S. Department of Transportation report on domestic passengers embarked
2 Full-time equivalent active employees
3 Annual profitability 1973-2019
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Safe Harbor Statement
This press release contains forward-looking statements as defined by the Securities Exchange Act of 1934. These forward-looking statements can be identified by the use of the words “expect”, “anticipate”, “plan”, “may”, “will be,” “estimate” or other similar expressions and include all statements regarding demand for business aircraft connectivity services, customer response to connectivity service and the performance of the Company’s connectivity equipment. Because these statements apply to future events, they are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated by the statements. actual results will differ materially from what may be shown here include the impact of a global pandemic and government measures and other pr ises in response, the growth trend with passenger power and connectivity in aircraft, the state of the aerospace and defense industries, market acceptance of newly developed products, in-house production capabilities , the timing of orders received, the status of customer certification processes and delivery schedules, market demand and acceptance of new or existing aircraft that contain the Company’s products, the need for new and advanced test and simulation capabilities, customer preferences and relationships, and other factors that are described in Astronics’ filings with the Securities and Exchange Commission. The Company undertakes no obligation to update the forward-looking information contained in this press release, whether to reflect changed assumptions, the occurrence of unforeseen events or changes in future results of operations, financial conditions or prospects, or otherwise.
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David C. Burney, Chief Financial Officer
Kei Advisors LLC
Deborah K. Pawlowski