As airlines seek to shed costs associated with expensive component repair and overhaul (R&O) activity, lucrative opportunities are emerging for companies with the wherewithal to provide such capability. U.S. engines and avionics giant Honeywell considers itself one such entity.
Union leaders expected by the end of last month to tally the votes for or against proposed new labor contracts at Mesaba Airlines, which finally managed to reach tentative agreements with its pilots, flight attendants and mechanics after more than a year of wrangling.
The DOT Inspector General office has given an unqualified, or “clean,” opinion of the financial statements of the NTSB following an outside private audit for FY 2006.
Dallas, Texas-based aftermarket parts and services supplier Aviall (Stand A911) has launched Operation Global Reach, a program designed to showcase the company’s best commercial practices on material and supply chain management to the world’s military market. Services include forecasting, export licensing, reverse logistics, customer kitting and other supply chain management solutions such as certification document accessibility.
The completion two months ago of Dubai International Capital’s £700 million ($1.3 billion) takeover of Doncasters has brought stability and fresh opportunity to the UK engineering group. Chief executive Eric Lewis has confirmed that the firm will now target acquisition opportunities in North America and Asia.
Last month Bombardier inaugurated its 238,000-sq-ft distribution center near Chicago O’Hare International Airport. The “superwarehouse,” located less than five miles from the airport, is managed in partnership with Caterpillar Logistics Services.
Outsiders have been brought in to lead a recovery at MD Helicopters. The appointments follow the recent acquisition of the Mesa, Ariz., company by New York financial firm Patriarch Partners. Robert Rene, previously CEO of Hilton Hotels division InnMedia, was named MD Helicopters’ CEO. Randy Kesterson, formerly executive v-p and COO of Curtiss-Wright Controls, was appointed COO.
Aviall of Dallas has teamed with Click Commerce to help it undertake collaborative commerce with its suppliers and customers. Aviall claims to be the world’s largest independent distributor of new aviation parts.
Aerospace Products International (API), a wholly owned subsidiary of First Aviation Services, has instituted a new program to enhance spares availability for Beechcraft owners, operators and maintenance providers. API, which provides distribution and supply chain services to the aviation industry, has purchased an inventory of Beech legacy spare parts to support all Beech models including the King Air, Baron and Bonanza.
The restructuring program that Quebec-based CAE has adopted to improve its financial position will not affect SimuFlite, Andrew Arnovitz, director of investor relations for CAE, told AIN. He emphasized, “SimuFlite accounts for about 50 percent of our overall CAE training revenues. The restructuring will in no way affect our SimuFlite customers.”