Air Canada has qualified to trade its Class A variable voting shares and Class B voting shares on OTCQX International Premier in the United States, the company said.
The shares will trade under the ticker symbol ACDVF. Air Canada´s shares continue to trade on the Toronto Stock Exchange under the ticker symbol AC.
Air Canada is a Canadian domestic and international airline serving more than 200 airports on six continents.
UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), has released its new Pulse Health Monitoring System (HMS), to enable real-time evaluation of an aircraft´s condition, the company said.
The company said Pulse HMS uses a remote sensor interface, diagnostic and prognostic analytics software modules, and wireless communication capability to perform data collection of the overall health and performance of an aircraft. The data collected can be processed on-board or transferred off-board for storage and further analytic processing.
UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries.
FLY Leasing Limited (NYSE: FLY), a global lessor of commercial jet aircraft, has reported net income of USD4.7 million for the second quarter of 2016, compared to a restated net loss of USD43.7 million for the same period in 2015, the company said.
Net income for the six months ended June 30, 2016 was USD11.8 million, compared to a restated net loss of USD23.8 million for the same six-month period in 2015.
Adjusted net income was USD15.0 million for the second quarter of 2016 compared to USD12.4 million for the same period in the previous year. For the six months ended June 30, 2016, adjusted net income was USD31.4 million, compared to USD42.6 million in 2015.
FLY said it has repurchased approximately 20 percent of its shares since September 30, 2015 for USD106.2 million. Subsequent to quarter end, FLY approved a new USD75 million share repurchase program to replace its previously authorized USD30 million program.
At June 30, 2016, FLY´s total assets were USD3.2 billion, including investment in flight equipment totaling USD2.7 billion.
FLY is a global aircraft leasing company with 76 aircraft on lease to 43 airlines in 29 countries as of June 30, 2016. FLY is managed and serviced by BBAM LP, an aircraft lease management and financing company.
Verizon Enterprise Solutions (NYSE: VZ) (NASDAQ: VZ) has launched virtual network services that will enable enterprises to transition to a virtual infrastructure model, providing greater agility and on-demand resources, the company said.
The company said new services will be delivered as-a-service, transforming the network into software-based solutions running on open platforms. Driving this change is digitization of business, IP communications, Internet video and mobile to cloud.
Verizon´s virtual network services will enable clients to operate a living network that can be changed to address the number of company locations and users, bandwidth required by application, and application use by employee to enable a secure, high performance and efficient network.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) is a wireless network that generated nearly USD132 billion in 2015 revenues.
Jeppesen, a Boeing Company, and AOPA have kicked off the “Captain Jepp Challenge” program at EAA AirVenture to encourage continued pilot learning and the enhancement of flying skills, the company said.
The company said teaming with AOPA to create the challenge combines the legacy of Captain Elrey B. Jeppesen providing flight critical navigation information with the philosophy of continuously elevating aviator skills.
Jeppesen delivers information and optimization solutions to improve the efficiency of air operations.
Linksys has introduced a new user interface (UI), design layout and navigation experience for its Linksys smart Wi-Fi app, the company said.
The newly designed app for Apple and Android smart phones provides a more intuitive layout with options that enable Linksys smart Wi-Fi users to monitor, manage and control their home networks while at home or away.
Linksys is a wireless connectivity company that provides router apps and networking solutions for the home and business.
Arik Air has sponsored the One Africa Music Festival at Barclay´s Center in New York, flying in entertainers from Nigeria, the company said.
The company has sponsored Nigerian performers, underlining the airlines commitment to cultural exchange between US and Nigerian audiences. In addition to cultural events, Arik Air has supported a US medical mission securing medical treatment for conjoined Nigerian twins Miracle and Testimony Ayeni in partnership with the Linking Hands Foundation.
Arik Air celebrates 10 years of operations and seven years of operating as a West African airline flying directly into JFK and providing convenient connections to West and Central Africa.
SunTel Services has selected additional security partners to enhance its solutions to battle network threats, the company said.
Carbon Black/Bit 9 is a partnership that will allow SunTel to offer next-generation endpoint security for businesses. Simplivity a hyperconverged infrastructure used to decrease data center costs and improve operational efficiency. CyberArk offers protection against threats using insider privileges/passwords to attack the heart of the enterprise. Illusive Networks and SunTel are partnering to bring deception technology to customers.
SunTel Services provides services for unified communication networks to businesses throughout Michigan and across the country.
Verizon Communications Inc. (NYSE: VZ) (NASDAQ: VZ) has launched Moto Z Droid and Moto Z Force Droid, two smartphones with up dated video and streaming capabilities on the company´s 4G LTE network, the company said.
The company said it partnered with Motorola to offer the new smartphones, which work with the Moto Mod ecosystem. Moto Mods can add a portable theater, a wireless speaker, built-in power and wireless charging capabilities.
Verizon Communications Inc. is a wireless network that employs a diverse workforce of 177,700 and generated nearly USD132 billion in 2015 revenues, with more than 112 million retail connections nationwide.
Aviall has extended its relationship with UTC Aerospace Systems by entering an agreement to act as exclusive stocking distributor of airframe pneumatic de-icer, de-ice system hardware and propeller de-ice product lines, including Goodrich FASTboot and SILVERboot pneumatic de-icers, the company said.
Goodrich pneumatic de-icing systems satisfy a variety of performance and aesthetic criteria for the aviation community, offering fluid resistance and built-in protection against ozone, weathering, oxidation and erosion.
Aviall operates as a wholly owned subsidiary of the Boeing Company, providing solutions of aftermarket supply-chain management services for the aerospace and defense industries.