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B / E Aerospace Inc. Essay

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B/E Aerospace, Inc. (BEAV) is listed as a cabin interior provider and manufacturer for commercial aircraft and business jets. The company develops and provides a wide variety of interior design and equipment including aircraft cabin, seating and lighting, oxygen and waste systems, and other advanced products as well as fasten distribution and logistical services for commercial, business, and military jets.
History of the Organization and Current Status
History and current status. The history began when a large group of investors, leading by Amin J. Khoury, were looking for a company with a strong market niche. The Santa Ana firm acquired two companies Bach Engineering (in 1987) and Bach’s competitor, EECO Avionics (in 1989). The name was changed to B/E Avionics and later in April 1990, the company went publicly held on NASDAQ. In 1992, the co-founder and Chairman, Amin J. Khoury, announced B/E Avionics would purchase asset acquisition with $74 million including seating and galley structures from two companies, PTC Aerospace, Inc. and Aircraft Products Company which later transformed B/E Avionics to B/E Aerospace, Inc. (Takahashi, 1992). B/E Aerospace has raised from $3 million to $2.5 billion in annual revenues. The headquarter locates in Wellington, Florida with more than 10,000 employees and 35 major facilities worldwide. B/E Aerospace becomes a major airline seat provider for many international airline companies including Delta Air Lines, United Airlines, Qatar Airways,

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