CTT Zonal Drying™ removed as basic equipment on Boeing 787
CTT SYSTEMS AB (“CTT”), the market leader of humidity control systems for aircraft, announces that Boeing has de-selected the Zonal Drying™ equipment on the 787. This as consequence of the Boeing decision to remove the Moisture Control system (“MCS”) as basic equipment on the 787. This decision will have financial impact on CTT from end of 2019.When entering into force the deleted Zonal Drying™ OEM equipment not only will lead to lowered OEM sales, but also will have impact on correlated IP deliveries and aftermarket sales. In 2017 and first half of 2018, this in total accounted for 15 - 20