Strong Cash Flow Also Reported In The Year-End Accounting
Textron on Wednesday reported fourth quarter 2013 income from continuing operations of $0.60 per share, up from $0.50 per share in the fourth quarter of 2012. Revenues in the quarter were $3.5 billion, up four percent from the fourth quarter of 2012. Manufacturing segment profit was $305 million compared to $279 million in the fourth quarter of 2012.
Winner Of The Plane/Truck Package Wishes To Remain Anonymous
The auction of a restored 1959 Cessna L-19 Bird Dog aircraft and Dodge M37 truck at this past weekend’s Barrett-Jackson car auction raised $1.1 million, according to Cessna. All proceeds from this auction package benefit the Armed Forces Foundation (AFF).
Woolpert, a national geospatial, architecture and infrastructure firm headquartered in Dayton, OH, has conducted an unmanned aerial system (UAS) joint test flight at Wilmington Air Park with the U.S. Army Corps of Engineers (USACE) Mobile District.
Plans To Add 10 Percent In Capacity Through New Airplane Purchases
Copa Airlines plans to acquire eight new Boeing Next Generation 737-800 aircraft in 2014, bringing its total fleet to 98 aircraft and increasing capacity by 10 percent. The airliner acquisitions will be made to facilitate the airline's plans to launch new direct flights from Panama to: Montreal; Canada, Fort Lauderdale, FL, and Georgetown, Guyana.
Organizations Working to Establish Industry Forum with Other Stakeholders To Address Distribution Standard Setting
Open Allies for Airfare Transparency (Open Allies) and the International Air Transport Association (IATA) have agreed to a set of conditions the two organizations are jointly recommending to the U.S. DOT in connection with Resolution 787. The two parties have been engaged in a productive dialogue on Resolution 787 since December, and they filed the proposed conditions with the DOT in a joint motion Wednesday.
Applies To Bizjets Modified Under Sierra Industries STC
The FAA has issued a Special Airworthiness Information Bulletin (SAIB) advising owners and operators of certain Cessna Aircraft Company Model 500, 550, S550, 552 and 560 airplanes modified by Sierra Industries, Ltd. STC SA8437SW and Cessna Aircraft Company Model 501 and 551 airplanes modified by Sierra Industries, Ltd. STC SA8458SW (Type Certificate Data Sheets A22CE and A27CE, respectively) of an airworthiness concern regarding radome latch covers.
Ruling By Federal Judge Allows CAIR Lawsuit On Behalf Of Muslim Traveler To Go Forward
A ruling by a federal judge in Virginia that said placement on the government's no-fly list "transforms a person into a second class citizen, or worse." is being strongly supported by The Council on American-Islamic Relations (CAIR), the nation's largest Muslim civil rights and advocacy organization.
'Turns The Bomber Into A New Aircraft', Boeing Says
The U.S. Air Force received the first B-1 bomber upgraded with the Boeing Integrated Battle Station, which essentially turns the B-1 into a new aircraft with the addition of full color displays, moving maps and a new diagnostics system.
Also: Pocket Drone, Tuskegee's James Bowman, 40 TBM in '13, Roadable Aircraft,
As we were preparing this webcast of Airborne, ANN’s Jim Campbell got some very much unwanted news... one of the grand gentlemen of aviation, NASAO CEO and president Henry Ogrodzinski, passed away after a hard-fought battle with cancer. Is cash flow a concern at Bombardier? The company just announced that it will lay off about 1,700 workers in its aerospace division shortly after saying the entry into service of the CSeries aircraft will be delayed until sometime in 2015. Specially modified aircraft originally created for Alaskan bush-pilot necessity, turned into one of the world's most unique aviation competitions. The "Valdez STOL" (short takeoff and landing) compaction held in Alask
Also: Pocket Drone, Tuskegee's James Bowman, 40 TBM in '13, Roadable Aircraft
As we were preparing this webcast of Airborne, ANN’s Jim Campbell got some very much unwanted news... one of the grand gentlemen of aviation, NASAO CEO and president Henry Ogrodzinski, passed away after a hard-fought battle with cancer. Is cash flow a concern at Bombardier? The company just announced that it will lay off about 1,700 workers in its aerospace division shortly after saying the entry into service of the CSeries aircraft will be delayed until sometime in 2015. Specially modified aircraft originally created for Alaskan bush-pilot necessity, turned into one of
Celebration Launches Year-Long Commemoration Of The King Air
Beechcraft Corporation recognized the 50th anniversary of the first flight of the King Air Model 90 this week with several three-ship passes of the company’s current production King Air models over its home airfield, Beech Field, in Wichita, KS, as employees and guests watched.
Joined The Organization In 1996, Career Saw Service To Many Advocacy Groups
The National Association of State Aviation Officials (NASAO) announced today that Henry M. Ogrodzinski, President and CEO for the last 18 years died Wednesday, January 22. Henry’s two year battle with cancer came to an end at his home on Capitol Hill at the age of 65.
Regulations On Access To Kiosks Violate Federal Law, Organization Says
The National Federation of the Blind (NFB) has filed suit in the United States District Court for the District of Columbia against the United States Department of Transportation (DOT). The suit challenges regulations, issued by the DOT under the Air Carrier Access Act (ACAA), which purport to require that airline check-in kiosks be made accessible to airline passengers who are blind.
Says Airline Is In Violation Of The Railway Labor Act For 'Unilaterally' Changing Terms Of Employment
United Airlines flight attendants, represented by the Association of Flight Attendants-CWA (AFA), say the are "outraged" at an attempt by United management to side-step United AFA representatives. Greg Davidowitch, AFA President at United, issued a statement Wednesday denouncing management's tactics as seeking to destroy jobs and to destroy the bargaining rights of the United flight attendants.
EAA Young Eagles Chair To Attempt To Summit Aconcagua
On Friday, January 24, aerobatic legend and EAA Young Eagles Chairman Sean D. Tucker departs for Argentina where he will attempt to summit the tallest peak in the Southern Hemisphere, Aconcagua, in honor of the successful EAA youth aviation education program. Tucker's climb will take place over three weeks.
“The significance of that first flight 50 years ago cannot be overstated, nor can the work of Beechcrafters over the past five decades to turn that one model into the legendary King Air brand.” Source: Bill Boisture, CEO of Beechcraft.