JBT Corporation Awarded New Airport Services Contract Renewal by Continental Airlines
CHICAGO, June 29 /PRNewswire-FirstCall/ -- JBT Corporation (NYSE: JBT) announced today that Continental Airlines awarded JBT AeroTech a new seven-year contract to continue providing airport facilities maintenance services, primarily at George Bush Intercontinental Airport (IAH), Continental's busiest hub.
JBT AeroTech will provide comprehensive maintenance services for all of Continental's terminals at IAH and Houston Hobby Airport (HOU) under this contract, which encompasses more than 100 passenger boarding bridge and three baggage systems as well as approximately 38 off-site facilities located throughout the Houston metropolitan area.
This contract also includes the continued management and upgrade of JBT AeroTech's Intelligent Operations Performance System (iOPS(TM)) computerized maintenance management system. JBT AeroTech developed the patented iOPS(TM) platform to provide the technology to improve its airline and airport customers' operational efficiency through real-time monitoring, performance measurement and coordination of gate and ground support equipment.
"We have a long-standing and mutually beneficial relationship with Continental Airlines and are pleased to expand our partnership through this long-term contract renewal," said John Lee, Vice President and Division Manager of JBT AeroTech.
JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to the food processing and air transportation industries. JBT Corporation designs, manufactures, tests and services technologically sophisticated systems and products for regional and multi-national industrial food processing customers through its JBT FoodTech segment and for domestic and international air transportation customers through its JBT AeroTech segment. JBT Corporation employs approximately 3,400 people worldwide and operates sales, service, manufacturing and sourcing operations located in over 25 countries. For more information please visit www.jbtcorporation.com or www.jbtaerotech.com.
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and are subject to risks and uncertainties that are beyond the Company's ability to control. These risks and uncertainties are described under the caption "Risk Factors" in the Company's Annual Report on Form 10-K filed by the Company with the Securities and Exchange Commission that may be accessed on the Company's website. The Company cautions shareholders and prospective investors that actual results may differ materially from those indicated by the forward-looking statements.
SOURCE JBT Corporation
CONTACT: Investors, Cindy Shiao, +1-312-861-5931, or Media,
Ken Jones, +1-312-861-6791, both for JBT Corporation