Actualité aéronautique

Spirit Contract Offer Overwhelmingly Rejected by 96.5% of SPEEA Members

transmise le 29 juillet 2011 par Business Wire

Faced with a contract offer that sought large concessions from employees, stagnated wages for a decade and ignored proven methods for harnessing medical costs, technical and professional workers at Spirit AeroSystems today told management they must do better by voting 96.5% to reject the offer.

Triumph Group Reports Strong First Quarter Fiscal 2012 Earnings; Raises Fiscal Year 2012 Guidance

transmise le 28 juillet 2011 par Business Wire

Triumph Group, Inc. today reported that net sales for the first quarter of fiscal year ending March 31, 2012 totaled $845.1 million, a 108 percent increase from last year’s first quarter net sales of $407.2 million. Organic sales growth for the quarter was thirteen percent. Income from continuing operations for the first quarter of fiscal year 2012 was $50.9 million, or $0.99 per diluted share, versus $11.6 million, or $0.31 per diluted share, for the first quarter of the prior fiscal year. The quarter’s results included $0.5 million pre tax ($0.3 million after tax or $0.01 per diluted share) of integration expenses related to the acquisition of Vought Aircraft Industries (now Triumph Aerostructures-Vought Aircraft Division). The prior fiscal year’s quarter included $17.4 million pre tax ($13.2 million after tax) of transaction and integration expenses associated with the Vought acquisition. Excluding these costs, income from continuing operations for the quarter was $51.2 million, or $1.00 per diluted share. Net income for the first quarter of fiscal year 2012 increased 342 percent to $50.2 million, or $0.98 per diluted share, versus $11.4 million, or $0.30 per diluted share for the prior fiscal year. The results for first quarter of fiscal year 2012 included approximately $7.7 million of costs related to the retirement of the $350 million Term Loan B. In addition, the results for the quarter reflected the sale of the discontinued operation which was completed in early July. The number of shares used in computing diluted earnings per share for the first quarter of fiscal year 2012 was 51.3 million shares and reflected the previously announced two-for-one stock split. During the quarter, the company generated $116.3 million of cash flow from operations before Triumph Aerostructures’ pension contribution of $25.0 million; after this contribution, cash flow from operations was $91.3 million.

British Airways Celebrate One Year to go to the London 2012 Olympic Games

transmise le 28 juillet 2011 par PRNewswire

Destination Clean Energy: Denver International Airport Dedicates 4.4 MW of Solar Power from Constellation Energy

transmise le 28 juillet 2011 par Business Wire

Constellation Energy and Denver International Airport (DIA) today announced the completion of a 4.4-megawatt, ground-mounted solar power system. Constellation Energy built, owns and maintains the solar installation, and DIA will purchase the electricity produced by the system over a 20-year period. It is the third large-scale solar project for DIA, bringing the airport’s total amount of hosted solar power to more than 8 megawatts – the most solar generation at a commercial airport in the United States.

Galaxy Tool Corp. Increases Manufacturing Capability and Capacity

transmise le 28 juillet 2011 par Business Wire

Galaxy Tool Corporation announced today a major capital investment in equipment and machinery. “We are pleased to inform the marketplace and our customer base of our continued and substantial investment in machining capability and overall production capacity,” stated Andy Plyler, Galaxy president and chief executive officer. “As we accelerate our world-class manufacturing performance by investing in leading edge technology, we position ourselves to continue providing the highest levels of customer service in the industry,” continued Plyler.

Cathay Pacific’s Latest Facebook Contest a Work of Art

transmise le 28 juillet 2011 par Business Wire

“Blending Borders,” Cathay Pacific Airways’ newest Facebook contest celebrates the best of its home city – Hong Kong – and its newest destination – Chicago, where daily service begins Sept. 1st.

Virgin Galactic Appoints Its First Chief Financial Officer

transmise le 28 juillet 2011 par Business Wire

In this newly created role, Sunshine will be responsible for managing the company’s financial strategy, driving growth and overseeing all finance and accounting functions as Virgin Galactic transitions from a development project to a commercially operational business.

EMS Aviation and Banyan Air Service Pursue Certification for EMS Aspire and eNfusion Systems

transmise le 28 juillet 2011 par Business Wire

EMS Aviation, a division of mobile connectivity leader EMS Technologies, Inc. announced today that it has entered into an agreement with Banyan Air Service to obtain STC certifications for use of the EMS Aspire^™ 200 LG and eNfusion^® systems and products on Gulfstream^® model GII and GIII aircraft. In addition, Banyan Air Services will be certifying EMS Aviation’s CNX^® Cabin Gateway series Wi-Fi^® solution for the Gulfstream GIV aircraft.

CIT Provides over $1 Billion of Loan Commitments to Small and Mid-Size Businesses in the Second Quarter

transmise le 28 juillet 2011 par Business Wire

CIT Group Inc. , a leading provider of financing to small businesses and middle market companies, today announced that its Corporate Finance segment completed transactions that provided over $1 billion in new loan commitments during the quarter ended June 30, 2011, an increase of nearly 30% over the first quarter when the group completed $817 million in new commitments. New funded volume for the quarter was $733 million, up 56% or $471 million sequentially.

Helicopter Designs Take Flight With Autodesk Software

transmise le 28 juillet 2011 par Business Wire

Autodesk, Inc. , has named Pankl Aerospace Systems as the July 2011 Autodesk Inventor of the Month, in recognition of the company’s use of Autodesk software to more effectively manufacture helicopter rotary systems, increasing the performance and reliability of critical components and improving pilot and passenger safety.