Don Campion Inductee for FATA Hall of Fame
June 8, 2009
Don Campion, President of Banyan Air Service, is the 2009 Inductee for the Florida Aviation Trades Association (FATA) Entrepreneurial Excellence Hall of Fame.
This award was established in 2006 to honor those who have made significant contributions to the business aviation industry in Florida. These visionaries have acted not only on their dreams but also drawn on their professionalism and integrity to ensure the aviation industry will flourish and inspire others to make aviation their career and commitment.
“FATA was honored to receive the nomination of Don Campion as this year’s recipient of the Entrepreneurial Excellence Hall of Fame award. His nomination was unanimously approved by the Board of Directors. Don joins others who have persevered to not only fulfill a dream but also continue to improve and add to their visions for aviation in Florida,” stated Paula Raeburn, FATA Executive Director.
On May 20th, a bronze plaque of Don Campion was hung in the Hall of Fame at Embry-Riddle Aeronautical University in Daytona Beach, FL. On the evening of June 16, 2009, Campion will once again be honored during a dinner at the FATA Annual Conference where he will be presented a crystal award.
Don’s entrepreneurial spirit allows him to continually visualize and improve services for the aviation community. A few of his many achievements include:
• Banyan has been consistently voted a top United States fixed base operation (FBO) and is currently recognized as the #3 best Independent United States FBO. Professional Pilot PRASE Survey 2009.
• the recent opening of Jet Runway Café, a breakfast and lunch café with an aviation theme
• the opening of the new Banyan terminal in 2006
• key contributor to obtaining extended hours at U.S. Customs at Fort Lauderdale Executive Airport 2005
• serving on the NATA Board from 1999-2002
• serving as President of the FXE Airport Association
• serving on the Everglades University Aviation’s Program Advisory Committee
• participating as a member of both the “FBO 20 Group” and “Vistage”
• fostering a learning environment for schools groups with facility tours
• providing an excellent work environment for teammates which includes a gym, company Chaplain, health benefits, and assisting with expenses for teammate’s flying lessons
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• Philanthropic Work that includes helping others through aviation:
o Challenge Air
o Angel Flight
o Mission Work in Nigeria
o Various community projects
Located at Fort Lauderdale Executive Airport, Banyan is a 24-hour full-service FBO now celebrating 30 years of operation with an array of comprehensive aviation services; aircraft fuel and ground services, turbine airframe and engine maintenance, avionics installations and repairs, aircraft sales, Hangar63 (Banyan’s Aviation Store) and Jet Runway Café.
Banyan employs 140 aviation professionals who cater to aircraft owners and operators from Central and South America, the Caribbean, Bahamas, and the United States.
Bombardier Aerospace at Paris Air Show 2009
June 8, 2009
MONTREAL, QUEBEC–(Marketwire – June 8, 2009) – Bombardier Aerospace returns to the Paris Air Show with four of its innovative aircraft. One of the world’s leading civil aircraft manufacturers, Bombardier will showcase its aircraft portfolio by featuring on its static display the Learjet 60 XR, Challenger 850 and Global Express XRS business jets as well as the first delivered Q400 NextGen airliner. In addition, a full-scale cabin mockup of the new, all-composite Learjet 85 business jet will also be open for viewing at the static display.
Bombardier aircraft on static display:
Learjet 60 XR: In service since July 2007, this aircraft is a proven model of performance, comfort, value and versatility in the midsize jet market. The Learjet 60 XR delivers a high cruise speed of Mach 0.81 (861 km/hr), superior climb capabilities, proven fuel-efficiency and low direct operating costs per nautical mile(i). The jet’s higher operating altitudes – certified to 51,000 ft (15,545 m) – translate to time savings due to better winds, less traffic and less turbulence.
Learjet 85 mock-up: Launched on October 30, 2007, and moving full-steam ahead towards entry into service in 2013, the new Learjet 85 aircraft will be the first Bombardier jet to feature an all-composite structure and will be the first all-composite structure business jet designed for type certification under U.S. Federal Aviation Administration FAR Part 25. The aircraft will seat up to eight passengers, target high-speed cruise of Mach 0.82 and a transcontinental range of up to 3,000 nautical miles (5,556 km)(i). The full-scale cabin mock-up features a double-club configuration, full galley and Pro Line Fusion avionics. The abundance of natural light is centre stage in this bright and airy environment that features the latest in-cabin design and ergonomic detail from flight deck to aft baggage compartment.
Challenger 850: This aircraft combines the outstanding dependability of a CRJ200 airliner with an executive cabin and the superior level of support business aircraft customers demand. The Challenger 850 aircraft features the cabin volume of an ultra-long range jet with a transcontinental range of up to 3,044 nautical miles (5,636 km)(i) and sets the comfort benchmark for its class.
Global Express XRS: The pioneering Global Express XRS business jet features the largest cabin of any purpose-built corporate aircraft – offering more cabin volume and more floor space than its closest competitor. No other business jet in the ultra long-range segment matches the high-speed range capability delivered by this aircraft. Offering the ultimate in cabin comfort, this impressive jet can link Paris-Los Angeles non-stop with eight passengers and three-to-four crew(i). Bombardier’s new Global Vision flight deck, the first cockpit to feature Rockwell Collin’s new Pro Line Fusion avionics is scheduled for its first flight on a Global Express XRS jet this summer.
Q400 NextGen: The large, fast, quiet and fuel efficient Q400 NextGen turboprop provides the perfect balance of passenger comfort and operating economics with a reduced environmental footprint. The static display provides an excellent opportunity to view the new NextGen aircraft interior featuring an enhanced overall cabin environment with LED lighting, new ceiling panels, dished window sidewalls and larger overhead bins. The Q400 NextGen airliner is one of three optimized families of commercial aircraft produced by Bombardier Aerospace.
Working together to reduce our environmental footprint
Recycling is an important step to creating a sustainable environment. As the official sponsor of the 48th Paris Air Show recycling program, Bombardier is proud to provide the recycling bins found throughout the site. Each action, whether large or small, can make a difference.
The Bombardier chalet is another prime example of the company’s commitment to reduce its environmental impact. Following the philosophy of use-and-reuse since 2002, the chalet features sustainable and unique architectural features and workspaces, recycled materials and emphasizes responsible manufacturing practices.
The 2009 Paris International Air Show runs from Monday, June 15 to Thursday, June 18 for trade visitors, and Friday, June 19 to Sunday, June 21 for public vistors. The Bombardier chalet is located at A 365.
BOMBARDIER MEDIA ACTIVITIES:
Event: Bombardier Market Forecast Press Conference
Date: Monday, June 15, 2009
Time: 10:30 a.m. - 12:00 p.m.
Location: Paris Airshow media centre
Participants: Mairead Lavery, Vice President, Strategy and Business
Development
Steve Ridolfi, President, Bombardier Business Aircraft
Gary R. Scott, President, Bombardier Commercial Aircraft
Event: Bombardier CSeries Program Update Media Briefing
Date: Tuesday, June 16, 2009
Time: 10:30 a.m. - 12:00 p.m.
Location: Paris Airshow media centre
Participants: Gary R. Scott, President, Bombardier Commercial Aircraft
Ben Boehm, Vice President, Commercial Aircraft Programs
Robert Dewar, Vice President, Integrated Product Development
Team
Colin Elliott, Vice President, Engineering and Business
Development, Belfast
CAE places senior notes valued at approximately $120 million
June 8, 2009
MONTREAL, QUEBEC–(Marketwire – June 8, 2009) – (NYSE:CGT)(TSX:CAE) CAE announced today that it has issued senior notes for C$15 million and US$105 million by way of a private placement. The notes are issued to two institutional investors, which are note holders under the company’s 1997 Note Purchase Agreement, for an average term of 8.5 years and a 7.15 per cent average blended interest rate.
Of the total proceeds, US$60 million will be used to pay maturing notes under the 1997 Note series, with the balance of proceeds to be used for general corporate purposes.
“We continue to be able to capitalize our company on the strength of our business model at an attractive cost,” said Alain Raquepas, CAE’s Vice President, Finance and Chief Financial Officer. “The notes will reinforce our cash position and provide us with additional flexibility.”
Rockwell Collins Introduces CORETM Simulation Architecture
June 8, 2009
Enhances Efficiency, Effectiveness for Military and Civil Training
CEDAR RAPIDS, IA–(Marketwire – June 8, 2009) – Rockwell Collins (NYSE: COL) today introduced a next-generation simulation architecture that leverages advanced technologies and a modular design to maximize life cycle value and enhance training effectiveness across military and civil training platforms.
Designed from the user and maintainer’s point of view, the advanced CORE™ simulation architecture features common open reusable elements including scalable software adaptable for multiple training devices, integrated tool sets and Rockwell Collins’ industry leading display and image generation technology.
“This next generation architecture is a result of strategic acquisitions and organic investment we’ve made in simulation and training and represents a natural evolution of Rockwell Collins’ capabilities,” said Ken Schreder, vice president and general manager, Simulation and Training Solutions for Rockwell Collins. “For decades, we’ve delivered world-class avionics, industry-leading visual systems for simulation, comprehensive training solutions and worldwide product support. We’re bringing all of this together, providing unprecedented flexibility and lower total cost of ownership.”
A highlight of the CORE simulation architecture is a highly configurable tool suite that provides the freedom to easily customize training for multiple situations. Other features:
-- Hardware and software design easily accommodates upgrades and new
technology insertions through open systems architecture
-- Integrated visual and display technology offers industry-leading
realism
-- Scalable, modular design across a broad range of training devices
allows proactive obsolescence management and integration of the latest in
commercial-off-the-shelf (COTS) technology.
CTC Aviation Group plc will be the first CORE simulation architecture customer, which will be featured on two full-flight simulators to be delivered to the UK-based training center beginning in late summer.
“CTC Aviation’s commitment to working alongside airlines to provide flexible training experiences, and the flexible and adaptable nature of our CORE simulation architecture, are an ideal match,” said Schreder. “We are excited about our newly forged relationship, and look forward to helping them deliver a highly efficient and effective training program.”
General Dynamics Gana Contrato por $20 Millones del Ejército de Estados Unidos por Servicios de TI en Instalación de Fort Belvoir
June 8, 2009
08/06/2009 /PR Newswire Latinoamerica/ — General Dynamics Information Technology, unidad de negocio de General Dynamics (NYSE:GD), ha ganado un contrato por cinco años, valuado en $20 millones, para la provisión de soporte a los Sistemas de Información de la Oficina Ejecutiva de Programas (PEO-EIS) y los Sistemas de Gestión de Instalaciones de la Oficina de Proyectos del Ejército de Estados Unidos en Fort Belvoir, Virginia.
General Dynamics brindará servicios completos complementarios de gestión de programas y tecnología de la información (TI) para una suite de sistemas automatizados de administración de instalaciones. Estos servicios incluyen soporte de gestión de ingeniería programática y técnica a la Oficina de Proyectos para planificar y ejecutar el diseño, desarrollo, despliegue, capacitación y mantenimiento de ciclos de vida de aplicaciones de hardware y software, que sirven de apoyo a sistemas de combate del Ejército y del Cuerpo de Marines de Estados Unidos.
Además, General Dynamics ofrecerá soporte técnico específico para diseño y mejora de bases de datos, gestión de configuración y verificación y validación de paquetes de software actualizados, para respaldo de las iniciativas globales estratégicas de Instalaciones del Ejército y Comandantes Combatientes.
United Airlines Reaches New Heights and Completes Upgrade on All Its International Boeing 767s
June 8, 2009
United’s International Boeing 767 Fleet Now Offers Lie-Flat Seats on Every Flight
CHICAGO, June 8 /PRNewswire-FirstCall/ — United customers may now relax more easily, as the final Boeing 767 (B767) in its international fleet has been upgraded with fully lie-flat beds in United First(R) and United Business(R). Customers traveling on an international United flight on a B767 are now ensured they will enjoy the comfort and relaxation of United’s new International Premium Travel Experience. A timelapse video of another aircraft – a United Boeing 747 – being reconfigured is available at www.youtube.com/uniteditstimetofly.
“Our customers have been telling us for many months how comfortable and enjoyable their travels have been with our new first and business class service,” says Graham Atkinson, executive vice president of Marketing and president of Mileage Plus. “Completing the reconfiguration of our B767 fleet marks a major milestone for our customers on the path to complete relaxation and comfort.”
The B767 with nose number 6463 took its first international flight as United Flight 958 from Chicago O’Hare to London Heathrow on Friday. Customers at the front of the cabin had the opportunity to sleep more comfortably in the new flat-bed seats and enjoy hours of their own personal entertainment choices on a 15.4-inch personal television screen.
United has completed 18 of 24 aircraft in its B747 fleet and will begin reconfiguring its international Boeing 777 fleet in September. The entire international fleet will be complete by the fourth quarter of 2011.
More information about these seats – and the International Premium Travel Experience – is available at suitedreams.united.com.
Honeywell Sending 288 Teachers From 16 Countries and 47 States to Participate in Astronaut Training
June 8, 2009
Scholarship Program Provides Effect Teaching Techniques for Science and Math
MORRIS TOWNSHIP, N.J., June 8 /PRNewswire-FirstCall/ — Honeywell (NYSE: HON) announced today that it has awarded 288 scholarships to its Honeywell Educators @ Space Academy program. The teachers, from 16 countries and 47 states, will attend the program at the U.S. Space & Rocket Center in Huntsville, Alabama, from June 13 to July 3, 2009. The program is one element of the company’s corporate social responsibility programs, Honeywell Hometown Solutions.
Created in partnership with the U.S. Space & Rocket Center in 2004, the Honeywell Educators @ Space Academy program is designed to provide math and science teachers with supplemental teaching techniques through real-life astronaut training and innovative educational tools.
“The Honeywell Educators @ Space Academy program gives teachers a unique experience that heightens their ability to become even more effective educators,” said Thomas Buckmaster, President, Honeywell Hometown Solutions. “Especially in the areas of science, technology, engineering and math, it is critical that teachers are given the opportunity to reinvigorate their classrooms with an evolved teaching style that helps provide students with an engaging and unforgettable learning experience.”
Honeywell Educators participate in 45 hours of professional development, as well as an intensive educator curriculum focused on space science and exploration. Activities include classroom, laboratory and field training which are linked to science and math teaching standards. Each teacher will also participate in real-life astronaut training exercises including a high-performance jet simulation, scenario-based space missions, land and water survival training, and a state-of-the-art flight dynamics programs.
“We are thrilled to welcome additional teachers to the U.S. Space & Rocket Center this year and applaud Honeywell’s ongoing commitment to science and math education,” said Larry Capps, Chief Executive Officer of the U.S. Space & Rocket Center. “Through this program, thousands of students around the world benefit from the unique experiences, activities, and learning materials provided to their teachers by Honeywell.”
Each Honeywell Educator receives a full scholarship following a rigorous application and selection process involving competing teachers from around the world. All costs for the Honeywell Educators to attend the program including tuition for the six-day program, roundtrip airfare, meals, accommodation and program materials, are underwritten by Honeywell and the contributions of more than 1,300 Honeywell employees.
Since the program’s inception, Honeywell and its employees have sponsored 1,100 scholarships for teachers from 36 countries and 50 U.S. states, to participate in the Honeywell Educators @ Space Academy programs.
Honeywell Educators @ Space Academy is part of Honeywell Hometown Solutions, the company’s corporate citizenship initiative which focuses on areas of vital importance: Family Safety & Security; Housing & Shelter; Science & Math Education; Habitat & Conservation; and Humanitarian Relief. Together with leading public and non-profit institutions, Honeywell has developed powerful programs to address these needs in the communities it serves. For more information on Honeywell Hometown Solutions visit www.honeywell.com/hhs.
Boeing Completes 787 Intermediate Gauntlet Testing
June 8, 2009
EVERETT, Wash., June 8 /PRNewswire-FirstCall/ — Boeing (NYSE: BA) has completed the intermediate gauntlet phase of testing on the first 787 Dreamliner.
During the testing, pilots and engineers simulated multiple scenarios using all airplane systems as if the aircraft were in flight, including power, avionics and flight controls. Test scenarios ranged from standard flights to single and multiple systems failures during flights.
Intermediate gauntlet testing included about one week’s worth of operations on the airplane and hundreds of discrete test conditions.
“The team has done an incredible job supporting an exhaustive test regimen,” said Scott Fancher, vice president and general manager of the 787 program. “I couldn’t be more proud.
“We will continue to take a hard look at the results, make adjustments and finish up our testing so we can get to first flight.”
Sikorsky Global Helicopters Delivers Another S-300C(TM) Helicopter to All American Helicopters
June 8, 2009
HORSEHEADS, N.Y., June 8 /PRNewswire/ — Sikorsky Global Helicopters, a Sikorsky company, announced today that it has delivered another S-300C(TM) helicopter to All American Helicopters LLC, a flight school in Denton, Texas. Sikorsky Aircraft Corp. is a subsidiary of United Technologies Corp. (NYSE: UTX).
The new S-300C helicopter will join the three Sikorsky helicopters already in operation at All American Helicopters and will be used exclusively for flight training. It is the second helicopter the company has purchased from Sikorsky Global Helicopters in the past year.
The S-300C helicopter is versatile in a broad range of operations and combines high useful-load capabilities with precise maneuverability. Gene LaCoste, founder and president of All American Helicopters, said the S-300C aircraft offers the durability All American Helicopters requires to meet students’ needs.
“I look for safety, reliability and value when purchasing an aircraft,” LaCoste said. “The helicopters Sikorsky Global Helicopters produces provide all these attributes.”
Founded in November 2007, All American Helicopters focuses primarily on training domestic and international professional pilots. The company also offers vocational training to injured veterans. The flight training curriculum has received approval from the U.S. Department of Veteran Affairs and the Texas Veterans Commission.
The S-300C(TM) helicopter operates throughout the world in many demanding roles including law enforcement and military patrol, power line/pipeline patrol, commercial and military flight training, ranching, external load operations, animal surveys, aerial photography and personal transportation. The cockpit size, load capacity, performance characteristics, robust design and low direct operating costs make the S-300C(TM) a leader in its class.
Sikorsky Global Helicopters, a Sikorsky company, produces the S-76(R), S-92(R), and H-92(TM) helicopters as well as the S-300C(TM), S-300CBi(TM), S-333(TM), and S-434(TM) light helicopters. Its business also includes all operations of Keystone Helicopter Corp. and Associated Aircraft Group (AAG).
Bombardier Announces Financial Results for the First Quarter Ended April 30, 2009
June 5, 2009
MONTREAL, QUEBEC–(Marketwire – June 3, 2009) – Bombardier Inc. (TSX:BBD.A)(TSX:BBD.B)
(All amounts in this press release are in U.S. dollars unless otherwise indicated.)
– Consolidated revenues of $4.5 billion, compared to $4.8 billion last fiscal year
– EBITDA of $355 million, compared to $464 million last fiscal year
– EBIT of $235 million, compared to $324 million last fiscal year
– Net income of $158 million, or diluted earnings per share of $0.09, compared to $229 million, or diluted earnings per share of $0.12, last fiscal year
– Free cash flow usage of $817 million, compared to a free cash flow of $560 million last fiscal year
– Cash position of $2.7 billion
– Backlog of $47.4 billion
Bombardier today released its financial results for the first quarter ended April 30, 2009. Revenues reached $4.5 billion, compared to $4.8 billion, while earnings before financing income, financing expense and income taxes (EBIT) totalled $235 million, compared to $324 million last fiscal year. The EBIT margin at 5.3% compares to last year’s 6.8%.
Net income reached $158 million, compared to $229 million for the same period last year. Diluted earnings per share (EPS) reached $0.09, compared to diluted EPS of $0.12 last fiscal year. The overall backlog totalled $47.4 billion, compared to $48.2 billion as at January 31, 2009.
Free cash flow (cash flows from operating activities less net additions to property, plant and equipment and intangible assets) usage totalled $817 million. The cash position stands at $2.7 billion as at April 30, 2009, compared to $3.5 billion on January 31, 2009.
“The severe recession affecting most economies worldwide has continued to have a negative impact on our first quarter financial results. At Bombardier Aerospace, although overall deliveries have held up relatively well during the quarter, cancellations in business aircraft have outpaced the level of new orders,” said Pierre Beaudoin, President and Chief Executive Officer, Bombardier Inc.
“For the rail industry, the fundamentals remain strong and the recession is not currently expected to have a significant impact. At Bombardier Transportation, we are making headway with our plan to increase profitability as EBIT margin reached 5.6% in the first quarter compared to 4.9% last year.”
“We are taking action to cope with the present economic situation and we continue to invest in new products such as the CSeries, the Learjet 85, the ZEFIRO high-speed train and the ECO4 suite of technologies. At $47.4 billion, our large and well diversified backlog, combined with our strong balance sheet, high level of liquidity, and the cost cutting measures already in place, will enable us to weather the storm,” added Mr. Beaudoin.
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