FACC AG signs €500 million Airbus contract

Fischer Advanced Composite Components (FACC), the Austria-based aerospace company has signed a €500 million (US$600 million) contract with Airbus for its new “Airspace“ cabin in the A320 family. FACC will provide the overhead stowage compartments and ceiling panels, continuing the 15-year relationship it has had with the plane manufacturer for the supply of interior fittings. The contract provides for a supply volume of more than €500 million. Working closely with Airbus, FACC is currently working on the detail development of the individual components. According to the contract, the first deliveries for the “Airspace” cabin will be supplied to Airbus in late 2018. From the beginning of 2019 onward, Airbus will offer the new “Airspace XL Bins”, for the A320 aircraft to the airlines as an alternative interior to the current versions, which are also manufactured by FACC.