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UTC Aerospace to Supply LED Cabin Lights to Small Planet

UTC Aerospace Systems, an operating unit of industrial goods manufacturer United Technologies Corp. UTX, recently secured a contract for an undisclosed amount from Small Planet Airlines – a Lithuanian leisure airline that operates in Europe and Asia.

The contract entails UTC Aerospace to retrofit the existing fluorescent lighting system on the Airbus A320 aircraft fleet of Small Planet with LED cabin wash lights. The strategic move is part of the cabin refreshment program of Small Planet and is likely to enliven the ambience for improved passenger experience. In addition to incremental revenues, the contract further adds to the long list of global customers served by the company.

With easy ‘plug and play’ features, the LED lights can be seamlessly fitted without affecting the existing aircraft wiring or cabin management system. It further increases the durability and reliability of the lighting fixtures compared with fluorescent lights, thereby lowering operating costs for the airline.

UTC Aerospace’s LED lights with personalized cabin colour lighting modes will also augment the brand identity of Small Planet. The airline has reportedly shortlisted various vibrant colour schemes for the LED lights based on their brand logo and seat coverings.

UTC Aerospace is among the world’s leading suppliers of technologically advanced aerospace products and aftermarket services for the aerospace and defense industries. Based in Hartford, CT, its parent firm, United Technologies provides high-end technology products and services to the building systems and aerospace industries worldwide. The company serves various end markets such as aerospace, defense and commercial construction. The business diversification allows the company to remain profitable amid tough economic times.

United Technologies presently has a Zacks Rank #3 (Hold). Some better-ranked stocks in the industry include Carlisle Companies Incorporated CSL, CLARCOR Inc. CLC and Honeywell International Inc. HON, each carrying a Zacks Rank #2 (Buy).

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HONEYWELL INTL (HON): Free Stock Analysis Report
 
UTD TECHS CORP (UTX): Free Stock Analysis Report
 
CLARCOR INC (CLC): Free Stock Analysis Report
 
CARLISLE COS IN (CSL): Free Stock Analysis Report
 
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