Actualité aéronautique

Fitch Rates Metropolitan Airport Commission's (MN) Subordinate Revenue Bonds 'A'; Outlook Stable

transmise le 14 septembre 2011 par Business Wire

Fitch Ratings has assigned an 'A' rating to the Metropolitan Airport Commission's (MAC; Minneapolis, MN) series 2011A subordinate airport revenue refunding bonds expected to be issued in the amount of $73.8 million depending upon market conditions. The proceeds from the proposed series 2011A subordinate airport revenue refunding bonds will be used to advance refund all or a portion of the subordinate series 2003A bonds. Fitch has also affirmed the 'AA-' rating on MAC's $766.9 million senior revenue bonds and the 'A' rating on $746.5 million of outstanding parity subordinate revenue bonds. The Rating Outlook on all bonds is Stable.

McLarens Young International and Airclaims Merge

transmise le 14 septembre 2011 par Business Wire

Global loss adjuster McLarens Young International (MYI) today announced a merger with Airclaims, the world’s leading provider of claims, risk and asset management services to the aviation community. The merger further enhances its position as the leading player for the provision of loss adjusting services across the aviation industry.

Jameco Electronics Releases New Catalog

transmise le 14 septembre 2011 par Business Wire

Jameco Electronics announced today the release of its new electronic component catalog. The cover pays tribute to the NASA Space Shuttle Program for its 30 years of achievement demonstrating what excellent electronics design can accomplish.

GE Launches Advanced Energy Technology for Fast, Flexible Use of Abundant Natural Gas with No Need for Water

transmise le 14 septembre 2011 par Business Wire

GE today announced its latest energy innovation to enable growth and development everywhere with fast, flexible, natural gas-driven power generation. The new FlexAero* LM6000-PH, a highly-efficient 50-megawatt (MW) gas turbine, was unveiled in Houston as the solution for businesses and communities around the globe who need power, fast. Coupled with breakthrough flexibility and efficiency, GE’s FlexAero is distinguished by its ability to operate with no need for water, which helps to conserve a global resource under increasing pressure.

Textron Announces Commencement of Cash Tender Offer for Any and All of its 4.50% Convertible Senior Notes due 2013

transmise le 14 septembre 2011 par Business Wire

Textron Inc. today announced that it has commenced a tender offer to purchase for cash any and all of its outstanding 4.50% Convertible Senior Notes due 2013 (CUSIP No. 883203BN0) (the “Notes”). The tender offer (the “Offer”) is being made upon the terms and subject to the conditions set forth in the company’s Offer to Purchase, dated September 14, 2011, and the related Letter of Transmittal. The Offer will expire at 12:00 midnight, New York City time, on Wednesday, October 12, 2011, unless it is extended or earlier terminated by the company (as may be extended by the company, the “Expiration Date”). As of the date hereof, there is $599,993,000 aggregate principal amount of Notes outstanding.

ReadSoft Signs Agreement with Global Aerospace Leader for Invoice Automation Worth over 420,000 USD

transmise le 14 septembre 2011 par Business Wire

Regulatory News:

GE Aviation Opens Electrical Power Research & Development Centre in UK

transmise le 14 septembre 2011 par Business Wire

GE Aviation today announced the opening of the new Electrical Power Integration Centre (EPIC) in Cheltenham, UK. The 30,000 sq. ft. facility is located on the GE Aviation campus in Bishops Cleeve, Cheltenham.

Freescale Collaborates with Avionics Manufacturers to Facilitate Their Certification of Systems Using Multicore Processors

transmise le 14 septembre 2011 par Business Wire

Freescale Semiconductor has formed a working group with top North American and European commercial avionics manufacturers to define their information requirements for advanced Freescale multicore processors being used in commercial avionics applications.

US Airways Operates 200th World War II Veterans Flight to D.C.

transmise le 14 septembre 2011 par Business Wire

US Airways today operated its 200^th Honor Flight, transporting veterans to visit the World War II memorial and other sites in Washington, D.C. The flight took 101 veterans from Raleigh-Durham International Airport in North Carolina to Washington National Airport.

KCS’s Michael Upchurch to Address 2011 Citi Global Industrials Conference

transmise le 14 septembre 2011 par Business Wire

Kansas City Southern Chief Financial Officer and Executive Vice President Michael Upchurch will address the 2011 Citi Global Industrials Conference at 8:50 a.m. Eastern Time on Wednesday, September 21, 2011.