CTT
Aerospace & Defense · Sweden · 51-200 Employees
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Overview
Headquarters
Brukslagarvagen 5, Nykoping, Soedermanla...Phone Number
+46 155205900Website
www.ctt.seRevenue
$31.3 MillionStock Symbol
CTTIndustry
ZI Rank: 1
Signal Type
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ZI Rank
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About CTT
CTT Systems AB is a Swedish aerospace technology company that specializes in developing and manufacturing humidity control systems and anti-condensation solutions for aircraft. Headquartered in Sweden, the company is recognized as a leader in providing innovative cabin humidification systems that enhance passenger comfort and well-being during flight by maintaining optimal humidity levels in aircraft cabins. CTT Systems' flagship products include the Cair humidification system for VIP and business jets, as well as the Zonal Drying system that prevents moisture-related issues in aircraft structures by controlling condensation in critical areas. The company's solutions address both passenger comfort and aircraft maintenance concerns, helping to reduce corrosion and extend the lifespan of aircraft components while improving the overall flight experience. CTT Systems serves a global customer base including aircraft manufacturers, airlines, completion centers, and operators of private and bRead more
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Company Profile Activity
Activity Insights
CTT is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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CTT is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about CTT.
CTT Tech Stack
A closer look at the technologies used by CTT
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Most Recent Scoops
Earnings
reports that OEMs are ramping up production to approximately 7 aircraft per month. The company expects a more stable situation but still anticipates quarterly fluctuations. Private jet deliveries are stabilizing at a higher level, and aftermarket growth is expected to follow OEM deliveries with about a one-year lag.
Earnings, Forecasting, Finance
Project
CTT is focusing on restricted customers in Europe for retrofits and is conducting a field trial with a major low-cost carrier, with quotations provided to three European airlines.
Sales, Business Development
Earnings
reported earnings per share of 1.19 SEK for Q2, a decrease from 1.96 SEK in the same period last year.
Earnings, Accounting, Financial Reporting, Finance
Earnings
reports strong momentum in all three markets (OEM, private jet, aftermarket) and expects significant growth in OEM and private jets. The company is establishing a net sales baseline driven by ACJ order flow and is confident in closing private jet agreements and extending its retrofit pipeline.
Earnings, Sales, Business Development, Finance
Earnings
Sales
CTT News & Media
Sale of shares in CTT Systems AB
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO AUSTRALIA, BELARUS, HONG KONG, INDIA, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE FURTHER REGISTRATION OR ANY OTHER MEASURES PRESS RELEASE Stockholm 5 March 2024 Collins Aerospace through B/E Aerospace Inc contemplates to divest shares in CTT SThis Swedish Firm Helps Airlines With “Rain In The Plane”
As you look out the window, twisting in your Economy class seat, you suddenly feel a cold spot on your cheek. You glance up and see water droplets coming from the overhead. It’s called “rain in the plane” and it can affect everything from aircraft fuel consumption and CO2 emissions to your health.CTT announces Airbus ACJ319neo VIP Inflight Humidification Order from AMAC Aerospace
CTT SYSTEMS AB (“CTT”), the market leader of aircraft humidity control systems, announces an Inflight Humidification VIP system order from AMAC Aerospace for one Airbus ACJ319neo aircraft. This completion will feature increased humidity in the entire aircraft cabin, which requires support from two humidifiers, with Anti-Fuselage-Condensation protection. The system will be delivered to AMAC in Q2 2021. This award is CTT Systems’ 96th Inflight Humidification VIP order for Airbus ACJ and Boeing BBJ
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Frequently Asked Questions Regarding CTT
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CTT Systems AB is a Swedish aerospace technology company that specializes in developing and manufacturing humidity control systems and anti-condensation solutions for aircraft. Headquartered in Sweden, the company is recognized as a leader in providing innovative cabin humidification systems that enhance passenger comfort and well-being during flig... Read More
