Expliseat’s new titanium / composite aircraft seat is less than half the weight of its competition and is considered the most efficient economy-class seat for the Boeing 737 and Airbus 320. It was the first composite aircraft seat to pass dynamic 16 G-force crash tests while reducing fuel consumption estimated at $500,000 per year per aircraft.
But with oil costs plunging, what is the likely outcome for the Expliseat business plan?
The lesson: Cost savings alone do not a business plan make.
Source: Composites Manufacturing
PHOTO NEEDED: airplane seat