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Latest Aviation Stories

2014-07-26 23:00:40

The market in this region is growing because of advancement in cloud technologies and investment in innovative IT infrastructure. http://www.micromarketmonitor.com/market/north-america-system-integration-and-design-4477365295.html (PRWEB) July 26, 2014 The rise in complication of communications applications and network infrastructure has made companies choose cost-effective and distributed Information Technology (IT) applications. Thus, this has led to a rise in the demand for System...

2014-07-25 20:20:37

ST. GEORGE, Utah, July 25, 2014 /PRNewswire/ -- SkyWest, Inc. ("SkyWest") (NASDAQ: SKYW) announced today that it expects its financial results for the quarter ended June 30, 2014, to be lower than it previously anticipated. Due primarily to the reasons discussed below, SkyWest currently estimates that its financial results will range from between a net loss of $(14.0) million to $(12.0) million resulting in an estimated loss per diluted share of $(0.28) to $(0.23). SkyWest...

2014-07-25 12:21:29

BOCA RATON, Fla., July 25, 2014 /PRNewswire-iReach/ -- In July of 2013, Airstream Jets' CEO Peter Maestrales published a lengthy market forecast on his company's blog titled "Huge Turnaround Brewing in Pre-Owned Business Jet Market". The detailed report outlined the various factors that helped to create a bubble in the business jet sales market, why the market continued to suffer through the recovery, and why conditions were ripe for a sharp reversal. At the time Mr. Maestrales'...

2014-07-25 12:21:13

ATLANTA, July 25, 2014 /PRNewswire/ -- Delta Air Lines' (NYSE:DAL) board of directors today declared a quarterly dividend of $0.09 per share. The dividend is payable to shareholders of record as of the close of business on August 8, 2014 and will be paid on August 29, 2014. http://photos.prnewswire.com/prnvar/20090202/DELTALOGO Delta Air Lines serves nearly 165 million customers each year. This year, Delta was named the 2014 Airline of the Year by Air Transport World magazine and...

2014-07-25 08:21:35

DULUTH, Minn., July 25, 2014 /PRNewswire/ -- Cirrus Aircraft executives will update EAA AirVenture Oshkosh media and attendees with the latest information on the Vision SF50 personal jet program, a 2015 Special Edition aircraft, and other recent developments at a news conference Monday, July 28, at 11:30 a.m. at the Cirrus Aircraft display #183. Highlights of the press conference will include: Vision SF50 Personal Jet: Cirrus will review the first flight and significance of aircraft...

2014-07-24 20:20:28

FORT WORTH, Texas, July 24, 2014 /PRNewswire/ -- A ceremony was held today at Lockheed Martin [NYSE: LMT], commemorating the official roll out of the first two F-35 Lightning II aircraft for the Royal Australian Air Force (RAAF). http://photos.prnewswire.com/prnvar/20140724/130276 "Today, we celebrate a milestone in the U.S.-Australia partnership, a partnership built on strength, friendship, and technological innovation," said Frank Kendall, U.S. Under Secretary of Defense for...

2014-07-24 08:22:51

SEATTLE, July 24, 2014 /PRNewswire/ -- Financial Highlights: -- Reported record second quarter net income, excluding special items, of $157 million - a 50% increase over the second quarter of 2013. -- Reported adjusted earnings per share of $1.13 per diluted share, a 53% increase over the second quarter of 2013 and ahead of First Call analyst consensus estimate of $1.11 per share. -- Earned net income for the second quarter under Generally Accepted...

2014-07-24 08:22:30

CHARLOTTE, N.C., July 24, 2014 /PRNewswire/ -- China Airlines has selected UTC Aerospace Systems for a long-term detailed spare parts agreement that includes air management, electric, and engineering systems on select Boeing and Airbus aircraft operated by the airline. UTC Aerospace Systems is a unit of United Technologies Corp. (NYSE: UTX) As part of the five-year exclusive agreement, UTC Aerospace Systems will provide China Airlines with OEM parts for the Airbus A330 and A340 and...

2014-07-24 08:22:10

Airline Also Announces Capital Deployment Program FORT WORTH, Texas, July 24, 2014 /PRNewswire/ -- American Airlines Group Inc. (NASDAQ: AAL) today reported its second quarter 2014 results. -- Second quarter 2014 non-GAAP net profit excluding net special charges was $1.5 billion, a record for any quarter in the history of American Airlines -- Second quarter 2014 GAAP net profit was a record $864 million -- The Company also announced a capital deployment...

2014-07-24 08:21:49

UAL Reports $919 Million Second-Quarter 2014 Profit Excluding Special Items; $789 Million Profit Including Special Items CHICAGO, July 24, 2014 /PRNewswire/ -- United Airlines (UAL) today reported second-quarter 2014 net income of $919 million, an increase of 51 percent year-over-year, or $2.34 per diluted share, excluding $130 million of special items. Including special items, UAL reported second-quarter 2014 net income of $789 million, or $2.01 per diluted share. -- United's...


Latest Aviation Reference Libraries

The History Of Drone Technology
2014-05-26 09:05:12

Drones, also known as unmanned aerial vehicles (UAV), are pilotless and non-crewed aircraft that are capable of flight either by remote control or through the use of on-board computers. Other names for these types of aircraft are remotely piloted vehicle (RPV), remotely piloted aircraft (RPA), and remotely operated aircraft (ROA). Drones are commonly used by the military, but are also being implemented in search and rescue operations and being utilized in other civil applications, such as...

Solar Impulse
2014-04-11 10:27:07

The Solar Impulse is a Swiss made long-range solar-powered aircraft project. It was developed at the École Polytechnique Fédérale de Lausanne. The project’s goal is to circle the Earth with a piloted fixed-wing aircraft, powered only by solar energy. Bertrand Piccard, a Swiss aeronaut leads the project who was a co-pilot with Andre Borsch berg a Swiss businessman, in the first balloon to circle the Earth non-stop. The Swiss aircraft is a single-seat monoplane which can stay airborne...

General Atomics MQ-9 Reaper
2013-10-03 13:25:05

The General Atomics MQ-9 Reaper, once known as the Predator B, is an unmanned aerial vehicle or UAV that was created by the General Atomics Aeronautical Systems (GA-ASI) for the United States Air Force. Air Force members refer to the MQ-9 and other UAVs, also known as drones, as Remotely Piloted Vehicles/Aircraft (RPV/RPA) because humans can control them, but they are capable of autonomous flight as well. This hunter-killer drone is the first of its kind that can be used for long-endurance...

Northrop Grumman MQ-8 Fire Scout
2013-09-24 15:48:13

The Northrop Grumman MQ-8 Fire Scout is an unmanned autonomous helicopter that is used by the United States Armed Forces for reconnaissance missions, situational awareness, and targeting assistance for ground, air, and sea bound soldiers. There are four variants of this UAV, two of which were derived from Schweizer helicopters. The first MQ-8 version, known as the RQ-8A, was used after the Navy retired their RQ-2 Pioneers. The Navy wanted an updated UAV with specific guidelines, including...

Sir Richard Branson
2013-08-10 06:47:02

Sir Richard Charles Nicholas Branson, born July 18, 1950, in Surrey, England, is a British business magnate and investor. He is best known as the founder and chairman of Virgin Group of more than 400 companies. His net worth as of 2013 is $4.6 Billion (US). He is the fourth (4th) richest person in the UK, according to Forbes Magazine. His first business venture was a magazine called Student at the age of 16. By 1969, Branson was living in a London commune, surrounded by the British...

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Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.