New Boeing 737 economy seat supplier books initial sales

A new supplier of economy-class seats for Boeing's top-selling 737 jetliners has signed its first 2 airline customers, allowing it to begin production, a person familiar with the matter said Monday. The agreements with California-based LIFT by EnCore, which are due to be announced as early as this week, are the first in which Boeing buys the seats from the supplier, known as "seller-furnished equipment," essentially guaranteeing they will arrive on time. With other seat makers, which include B/E Aerospace and Zodiac Aerospace, airlines are required to buy the seats and have them delivered to aircraft factories, a process that has led to problems for the plane makers. LIFT's initial orders will equip at least 50 of Boeing's 737 MAX aircraft with seats designed for the Boeing 737 Sky Interior, with deliveries beginning in 2017. <br/>
Reuters
http://www.nytimes.com/reuters/2016/10/17/business/17reuters-boeing-seats-exclusive.html
10/17/16