DOA APPROVAL OPENS THE WAY FOR A MORE COMPREHENSIVE SERVICES OFFER AND FUTURE GROWTH DRIVERS FOR LATÉCOÈRE

Latécoère Group has announced that the scope of its Design Organisation Approval (DOA) issued by the European Aviation Safety Agency (EASA) has now been extended to match its own broader scope of activities.

The extension applies to minor changes, major changes (Supplemental Type Certificate or STC) and repairs for large aircrafts, and now covers electrical systems, avionics systems, structures, doors and hydro-mechanical systems.

This DOA accreditation is official recognition of the Group's technical expertise and know-how in the integration of onboard systems, and means Latécoère is now able to include these systems (Cockpit Door Surveillance Systems, Landscape Camera System, etc.) in a global offer for its clients.

It has already enabled Latécoère to win three calls for tender for companies including Pegasus, and talks are also underway on around twenty other projects.

By giving Latécoère more autonomy to directly position itself with respect to operators, the DOA approval is a formidable strategic advantage for growth on markets with a higher value-added.

About Latécoère

Latécoère is a tier 1 partner to major international aircraft manufacturers (Airbus, Embraer, Dassault, Boeing and Bombardier), in all segments of the aeronautical market (commercial, regional, corporate and military aircraft), specializing in three fields:

• Aerostructures-Industrial (58% of total revenue): fuselage sections and doors.
• Aerostructures-Services (14% of total revenue): design, stress analysis and definition of industrial products - design, manufacturing & maintenance of tooling and special assemblies.
• Interconnexion Systems (28% of total revenue): onboard wiring, electrical harnesses and avionics bays.

At 31 December 2015, Latécoère employed 4,905 people in 10 different countries. Consolidated revenues amounted to €712.4 million, and its order book stood at €2.6 billion (based on a USD/EUR exchange rate of 1.35).

Latécoère, a French corporation (société anonyme) with capital of €186,694,330 divided into 93,347,165 shares with a par value of €2 per share, is listed on Euronext Paris - Compartment B. ISIN codes: FR0000032278 - Reuters: LAEP.PA - Bloomberg: LAT.FP

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