OpenAirlines announces offices in Asia, America

OpenAirlines has opened its flight operations software solutions sales and support offices in Chicago USA and in Hong Kong, the company said.

Based in Toulouse, France, OpenAirlines provides flight operations optimization software with a range of complete software solutions answering all the key requirements of aviation professionals.

In particular, is has developed SkyBreathe® Fuel Efficiency, an innovative software solution that allows airlines to save 2 percent-4 percent on their fuel consumption.

Regional Sales Manager in America, Marine Lamamy leads the Chicago office.

The new OpenAirlines Asian office will be based in Hong Kong, led by its Regional Sales Account director, Andrew Jong, a specialist in Flight Operations Support Solutions.

OpenAirlines was founded in 2006 to meet the needs of airlines to optimize their flight operations and reduce their costs.

ViaSat to produce STTs for attack helicopters

The Boeing Company (NYSE: BA) has awarded ViaSat Inc. (Nasdaq: VSAT) a contract for the production of approximately 90 Link 16 Small Tactical Terminals (STT) for the Lots 5 and 6 of the AH-64E Apache Guardian Attack Helicopter production line, the company said.

The AH-64 Apache is a multi-role combat helicopter and is used by the US Army and a growing number of international defense forces. STT full-rate production contract will cover Apache helicopters for the next two years.

ViaSat brings real-time combat communications and network interoperability with its two-channel, software–defined STT.

ViaSat ensures consumers, businesses, governments and military personnel have communications access on the ground or in-flight.

NATS names Lockheed Martin systems integration manager

Lockheed Martin (NYSE: LMT) has been appointed by NATS to support the UK air traffic management company´s technology transformation programme over the coming years as their systems integration partner, the company said.

The programme will enhance NATS´ capabilities to provide efficient and resilient services to their airline and airport customers. It will support the introduction of a more efficient air traffic system that will meet future demand, increase efficiency and improve environmental performance.

As part of a wider NATS programme of investment, the initial contract will see staff work side-by-side with Lockheed Martin to define, integrate and implement a range of technology services that collectively will evolve and update operational services and enable key SESAR concepts, such as free route airspace, in the UK.

Lockheed Martin UK, headquartered in London, is the UK-based arm of Lockheed Martin Corporation, a global security and aerospace company.

Southwest Airlines announces USD0.075 quarterly dividend

Southwest Airlines Co. (NYSE: LUV) board of directors has declared a quarterly dividend of USD0.075 per share to shareholders of record at the close of business on March 3, 2016 on all shares then issued and outstanding.

The 158th consecutive dividend will be paid on March 24, 2016.

Southwest Airlines operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. The company serves 93 destinations in 40 states and runs international services to Montego Bay, Nassau, Oranjestad, Cabo San Lucas/Los Cabos, Cancun, Mexico City and Punta Cana. It serves around 17 non-stop destinations and 581 non-stop city pairs. It operates 665 Boeing 737 aircrafts.

XOJET sales up 14% YoY

XOJET, Inc. has achieved record results, delivering a 41 percent increase in EBITDA and a 14 percent increase in new program sales, the company said.

XOJET´s on-demand charter model continues to gain momentum as an alternative to jet cards and fractional ownership.

XOJET pioneered the on-demand, dynamic pricing model in the private aviation sector, and this month celebrates 10 years of putting passengers first.

Now the largest on-demand charter provider in the industry, XOJET continues to gain market share, with retail charter sales up 4 percent and its partner fleet business up 10 percent overall. Operational efficiency gains, including fuel savings, drove substantial profitability and margin improvements.

XOJET, a TPG portfolio company founded in 2006, provides private aviation services to more than 5,000 clients worldwide.

RF Industries 2015 sales up 42%

RF Industries, Ltd. (NASDAQ: RFIL) said that fourth quarter net sales for the fourth quarter of fiscal 2015 increased USD3.0 million, or 50 percent, to USD8.9 million compared to net sales of USD5.9 million for the same quarter last year.

Despite the increase in net sales, net income decreased in the 2015 quarter to USD270,000, or USD0.03 per diluted share, compared to USD325,000, or USD0.04 per diluted share, in the same period last year due in part to weaker sales in the company´s core Connector and Cable Assembly segment.

Gross profit for the fourth quarter of fiscal 2015 increased to USD2.9 million from USD2.6 million, but declined as a percentage of net sales to 32 percent from 44 percent in the same period last year, primarily due to strong sales contributions from the typically lower margin businesses comprising the Custom Cabling and Manufacturing segment.

Net sales for the fiscal year ended October 31, 2015 increased USD9.7 million, or 42 percent, to USD32.8 million compared to net sales of USD23.1 million for fiscal 2014.

Net income decreased to USD1.0 million, or USD0.11 per diluted share, compared to USD1.4 million, or USD0.16 per diluted share, in fiscal 2014. Comnet and Rel-Tech together contributed USD13.4 million to Custom Cabling and Manufacturing segment sales, which increased 165 percent to USD19.2 million compared to USD7.2 million in fiscal 2014.

Net sales for the company´s other business segments declined by USD2.3 million to USD13.6 million, compared to USD15.9 million in fiscal 2014.

Fiscal 2015 gross profit declined to 34 percent from 45 percent of sales in fiscal 2014 primarily due to strong sales contributions from the typically lower margin businesses comprising the Custom Cabling and Manufacturing segment.

RF Industries designs and makes innovative interconnect products and complex cable assemblies across diversified, high growth markets including wireless carriers and infrastructure, medical and industrial. The company is headquartered in San Diego, California with operations in Yaphank, New York, East Brunswick, New Jersey and Milford, Connecticut.

OpenAirlines opens sales, support offices in Asia, America

Airlines flight operations software solutions provider OpenAirlines has opened its sales and support offices in Chicago USA and in Hong Kong, the company said.

Based in Toulouse, France, OpenAirlines provides flight operations optimization software with a range of complete software solutions answering all the key requirements of aviation professionals.

In particular, it has developed SkyBreathe® Fuel Efficiency, an innovative software solution that allows airlines to save 2 percent-4 percent on their fuel consumption.

Regional Sales Manager in America, Marine Lamamy leads the Chicago office.

The new OpenAirlines Asian office will be based in Hong Kong, led by its Regional Sales Account director, Andrew Jong, a specialist in Flight Operations Support Solutions.

OpenAirlines was founded in 2006 to meet the needs of airlines to optimize their flight operations and reduce their costs.

NextGen Advisory Committee invites ATCA CEO to serve

The Air Traffic Control Association (ATCA) President and CEO Peter F. Dumont has been invited to serve on the NextGen Advisory Committee (NAC), a Federal advisory committee of high-level government officials, industry representatives, and labor leaders, the company said.

Established in September 2010, the NAC was formed to help foster collaboration within the aviation community and provide advice on policy-level issues surrounding airspace modernization and NextGen technologies. Dumont will serve as an air traffic management (ATM) association stakeholder.

Dumont brings more than 30 years of experience in various segments of aviation. After retiring from the Navy as an air traffic controller, Dumont began his private sector career with Serco, Inc., where he served as both Vice President of Aviation and later Chief Operations Officer.

The Air Traffic Control Association is dedicated to the progress and safety of air traffic control and works to advance the technology and professionalism of the industry. Founded in 1956 by a group of air traffic controllers, ATCA serves nearly 3,000 members throughout the world–individual air traffic controllers, as well as aviation associations, educational institutions, the government and military, and companies managing and providing equipment and services in the aviation community.

Intacct new books grow 47% YoY

Intacct continues to accelerate its growth rate with impressive results across all sales channels, the company said.

New bookings for the company´s second fiscal quarter of 2016 (which ended December 31) increased 47 percent over the same period in the prior year. For the first half of the company´s fiscal year, Intacct delivered an overall increase in new bookings of 45 percent.

The second quarter was highlighted by strong growth in both new customer bookings and add-on sales to existing customers. The growth in add-on sales is a direct reflection of Intacct´s outstanding customer satisfaction.

Intacct is a leading provider of best-in-class cloud ERP software. Bringing cloud computing to finance and accounting, Intacct´s award-winning applications are the preferred financial applications for AICPA business solutions. The company is headquartered in San Jose, California.

Boeing, Xiamen celebrate 8,888th 737 Delivery

Boeing (NYSE: BA) has delivered the 8,888th 737 to come off the production line to Xiamen Airlines, the company said.

The airplane, a Next-Generation 737-800, features a special livery commemorating the airplane´s significance.

Just as seven is considered a lucky number for Boeing, eight is considered to be a fortunate number in Chinese culture because it sounds similar to the word that means “prosperity” or “wealth.”

Formed in 1984 as China´s first joint venture between the Civil Aviation Administration of China and a municipal government, Xiamen Airlines is China´s only all-Boeing carrier. The airline began flying passengers in 1985 with two 737-200s serving three cities.