STG Aerospace expands global network with record sales for 2012
Sales were up 25% on 2011 figures, due mainly to demand for the company’s SafTglo photoluminescent systems and the first sale of STG’s ‘easy-install’ replacement LED lighting system to Swiss International Air Lines.
Sales of SafTglo as original equipment improved thanks to strong deliveries of Boeing’s 737 model on which SafTglo is fitted as standard to the majority of aircraft. STG also began deliveries to the Sukhoi RRJ programme. Existing customers and substantial new client orders of SafTGlo products also played a part in the company’s record-breaking financial year.
STG supplied its 8000th SafTglo kit to Southwest airlines during 2012 and welcomed low fare airline, Scoot, as a new customer. STG continued to demonstrate that it is the preferred PL supplier in the aftermarket with strong global sales to operators of all aircraft models including Airbus.
Richard Moore, chief executive, STG Aerospace said: “We are delighted at the vote of confidence given to SafTglo by both long-standing and new customers. Their demand for the quality, longevity and cost saving properties of SafTglo has boosted our market share by 7.8% over the previous year. It seems as though operators prefer our product to any other in the market.”
News of STGs continued financial success follows the recent expansion of STG’s global sales network.
