Life Link III wins Minnesota safety award

Life Link III will be recognized for excellence in workplace safety and health at the Governor´s Safety Awards luncheon on May 18, 2017, at the Minneapolis Convention Center, the company said.

Since 1934, the annual Governor´s Safety Awards program has honored Minnesota employers with exceptional safety performance. Applicants are judged on several years of injury data as it compares with their industry´s national statistics, and on their progress in implementing a comprehensive safety program.

Life Link III is one of 266 employers to be honored through the awards program, coordinated by the Minnesota Safety Council, a non-governmental, not-for-profit organization dedicated to improving the quality of life in Minnesota by preventing unintentional injuries (accidents).

Life Link III operates six helicopter bases that include Alexandria, Blaine, Cloquet, Hibbing, and Willmar, Minnesota, and Rice Lake, Wisconsin. The company plans to open a seventh base of operations in Brainerd, Minnesota, in mid-2017.

Life Link III´s helicopter and airplane services provide on-scene emergency response and inter-facility transport for patients requiring critical care. The company´s transportation services are accredited by CAMTS (Commission on Accreditation of Medical Transportation Services), ensuring the highest standards of quality and safety are met.

Life Link III is a non-profit consortium and is the air medical transport program for 45 hospitals for the following member-owner organizations: Allina Health, CentraCare Health, Children´s Minnesota, Essentia Health, Fairview Health Services, Regions Hospital/HealthPartners®, Hennepin County Medical Center, St. Luke´s, and Sacred Heart Hospital.

JetPack Aviation, Georgia Tech partner to build vertical mobility system for military

JetPack Aviation (JPA) has entered into a development agreement with Georgia Tech to design and build a Soldier Vertical Mobility System (SVMS) for military applications, the company said.

JPA, which is currently working with the US Navy under a Cooperative Research and Development Agreement (CRADA), will provide its proprietary jetpack technology. Georgia Tech will add advanced electronic subsystems for the new SVMS.

JetPack Aviation senior staff recently hosted Georgia Tech team members at their headquarters in Van Nuys, CA where discussions took place regarding the development of an SVMS.

Under sponsorship from a GTRI Internal Research and Development grant, the early development stage has focused on three specific subsystems: an autonomous control system for an SVMS, a pilot exoskeleton, and a Heads-Up Display (HUD) helmet for the pilot. This multidisciplinary effort is bringing together efforts from the Georgia Tech Aerospace and Mechanical Engineering schools, the ATAS and ELSYS labs of GTRI, and JetPack Aviation.

Court Bivens and Michael Mayo of the ATAS lab at GTRI have been leading the project and coordinating the integration of all subsystems into the SVMS.

The joint SVMS team hopes to move forward by soliciting R&D funds from the US military. Additional funding would enable Georgia Tech and JetPack Aviation to fully integrate the described subsystems into an SVMS and tackle issues such as survivability and reliability, electrical and mechanical infrastructure, and human factor disciplines.

American Securities to acquire Air Methods for USD 43.00 per share

Air Methods Corporation (NASDAQ:AIRM) has entered into a definitive agreement to be acquired by affiliates of American Securities LLC, the company said.

Under the terms of the agreement, affiliates of American Securities will acquire all outstanding shares of Air Methods for USD 43.00 per share in cash. This represents a 20.4% premium to Air Methods´ stock price of USD 35.70 on January 31, 2017 prior to press speculation regarding a sale, and a 24.7% premium to 30-day volume-weighted average price of USD 34.49 as of the same date.

The transaction, which was unanimously approved by Air Methods´ Board of Directors, has a total enterprise value of approximately USD 2.5 billion, including net debt. The transaction will be completed through a cash tender offer for all of the outstanding common shares of Air Methods, followed by a merger in which remaining common shares of Air Methods would be converted into the right to receive the same USD 43 cash per share price paid in the tender offer.

The transaction is conditioned upon satisfaction of the minimum tender condition, which requires that shares representing more than 50% of the Air Methods´ outstanding common shares be tendered, as well as other customary closing conditions. The transaction is expected to close by the end of the second calendar quarter of 2017.

Goldman, Sachs & Co. and Centerview Partners LLC are serving as financial advisors and Paul, Weiss, Rifkind, Wharton & Garrison LLP and Holland & Hart LLP are serving as legal advisors to Air Methods. Weil, Gotshal & Manges LLP is serving as legal advisor to American Securities.

Air Methods Corporation provides air medical transportation. The company´s fleet of owned, leased or maintained aircraft features approximately 500 helicopters and fixed wing aircraft.

Based in New York with an office in Shanghai, American Securities is a US private equity firm that invests in market-leading North American companies with annual revenues generally ranging from USD 200m to USD 2bn and/or USD 50m to USD 200m of EBITDA. American Securities and its affiliates have approximately USD 15bn under management.

ARC notes drop in US travel agency airline ticket sales in February 2017

Airlines Reporting Corp. (ARC) has reported that the consolidated dollar value of airline tickets sold by US-based travel agencies dropped 2.4% in February 2017 as compared to 2016, totaling USD 7.5bn versus USD 7.7bn, the company said.

Results are based on monthly sales data ending February 28, 2017, from 12,596 US retail and corporate travel agency locations, satellite ticket printing offices, and online travel agencies, and do not include sales of tickets purchased directly from airlines.
Total sales are equal to the total amount paid for a ticket, which includes taxes and fees.

Total fares also decreased 1.5% to USD 5.9bn compared to USD 6bn in 2016. Total fares and total sales also dropped in February compared to the first month of 2017.

Ticket transactions increased nearly 4% compared to February 2016. However, total transactions are down approximately 852,000 compared to January 2017.

Electronic Miscellaneous Document (EMD) sales, which include fees for products and services such as upgraded seats, checked luggage, an unaccompanied minor, pet-in-cabin, etc., comprised nearly USD 7m, a 149% increase over 2016. EMD transactions increased 288% to more than 121,000 in February 2017 compared to nearly 31,000 in 2016.

The Airlines Reporting Corporation provides leading business solutions, travel agency accreditation services, process and financial management tools, and high-quality data to the travel industry. In 2016, ARC settled USD 86bn worth of carrier ticket transactions for more than 7,000 travel agencies with 12,000 points of sale. The company is headquartered in Arlington, Virginia, with offices in Louisville, Kentucky, Tampa, Florida, and San Juan, Puerto Rico.

PASSUR Aerospace revenue increases 5% in Q1 2017

PASSUR Aerospace, Inc. (OTC: PSSR) revenue increased 5% to USD 3,616,000 for the three months ended January 31, 2017, compared with USD 3,435,000 for the same period in fiscal year 2016, due to higher recurring subscription sales from our existing airline and airport customers, the company said.

Operating costs during the first quarter increased primarily as a result of hiring additional personnel to pursue near-term revenue opportunities, and largely contributed to an operating loss of USD 120,000, compared with income from operations of USD 106,000 in the same period in fiscal year 2016.

Net loss was USD 257,000 or USD 0.03 per diluted share, compared with net income of USD 25,000 or USD 0.00 per diluted share, in the same period in fiscal year 2016.

PASSUR Aerospace is a business intelligence company, providing predictive analytics and decision support technology for the aviation industry, primarily to improve the operational performance and cash flow of airlines and the airports where they operate. Over 125 airlines and over 60 airports world-wide use PASSUR products.

PASSUR Aerospace owns and operates a commercial passive radar network which updates flight tracks every 1 to 4.6 seconds, and powers a proprietary database that is accessible in real-time and delivers timely, accurate information and solutions via PASSUR´s industry-leading algorithms and business logic included in its products.

Barrier technology integrated into airport furnishings

Arconas, designer and manufacturer of furniture for airports and public spaces, has teamed up with Amulet Ballistic Barriers to integrate Amulet´s bullet-absorbing technology into airport seating, Amulet Protective Technologies, Inc. said.

The furniture line is a first for the global airport industry, and is being unveiled at the international Passenger Terminal Expo 2017 in Amsterdam this week.

The “invisible” barrier technology is integrated during the manufacturing process, and is designed to protect human lives from gunfire or explosive devices without affecting the design, appearance, or comfort of the airport seating.

Amulet Ballistic Barriers are designed to be uniquely compatible with interior furnishings and exceed US National Institute of Justice as well as Underwriters Laboratories performance criteria for handgun, rifle, and explosive-device threats.

Vacation Express adds summer flights from MSY to Cancun

Vacation Express has expanded service to Cancun from Louis Armstrong New Orleans International Airport (MSY), with additional direct flights beginning on Friday, May 19 and running weekly through June 16, 2017, the airport said.

The additional direct flights will supplement Vacation Express´ nearly sold out non-stop flights departing between May 21 and July 30, 2017. The morning service to Cancun will include a stop in Tampa and arrive in Cancun in the afternoon.

Vacation Express´ roundtrip flights are operated by Swift Air, LLC. on Boeing 737-300 series aircraft.

MSY, owned by the City of New Orleans, is the primary commercial airport in the State of Louisiana serving over 80% of all passengers flying into the state. The New Orleans Aviation Board (NOAB), an unattached board of the City of New Orleans, oversees the administration, operation, and maintenance of the airport. MSY has 17 airlines providing service to 58 non-stop destinations, including seven international destinations. A new terminal complex is currently being constructed.

Atlanta, Georgia-based Vacation Express, part of Sunwing Travel Group, is a tour operator specializing in quality, affordable vacation packages to over 30 destinations in the Caribbean, Mexico, Costa Rica, and Cuba. Exclusive charter flights are operated by Sunwing Airlines, Allegiant Air, Swift Air, LLC, VivaAerobus, Dominican Wings, and Volaris.

WestJet selects JAGGAER contract solution

Canadian airline WestJet has selected JAGGAER´s Total Contract Manager solution to evolve the automation of their contract lifecycle management (CLM), the company said.

Built around a centralized repository, Total Contract Manager will keep key stakeholders at WestJet engaged in the approval and management of relevant contracts.

The platform offers streamlined contract management; a centralized, cloud-based, repository; reduced contract authoring times with dynamic contract generation and a library of standard templates; reduced risk of errors; and real-time updates through contract performance, compliance, and expiration dashboards.

JAGGAER, Inc. produces a comprehensive Source to Pay (S2P) solutions suite. Commercial, manufacturing, and life sciences companies, as well as higher education and government sectors utilize its platform.

Delta to unveil Alessi tableware on April 1

Delta (NYSE: DAL) has partnered with design company Alessi to curate a modern, stylish, and functional collection of service products and tableware, which will appear in flight beginning April 1, the airline said.

The Alessi for Delta products include flatware, crystal glassware, new bone china, stainless steel serving pieces, tabletop accessories such as napkin rings and salt and pepper shakers and trays.

Delta´s serviceware enhancements are part of the airline´s multi-billion dollar investment in the customer experience that includes a cabin modernization program featuring new seats, seatback entertainment systems with free entertainment, high-capacity overhead bins, access to Wi-Fi on nearly all flights, complimentary meals in the Main Cabin on select flights, upgraded free Main Cabin snacks, chef-curated meals in Delta One, a seasonal wine program, and more.

Delta has also made significant investments in the customer experience on the ground, in addition to plans to add nearly 250 new aircraft to its fleet in coming years. These include new Delta Sky Club locations in Denver, Atlanta, and Seattle, and Club renovations in Nashville, Dallas, Newark, and Minneapolis/St. Paul, airport enhancement programs in Atlanta, Los Angeles, New York and Salt Lake City, and the testing and implementation of an enhanced boarding process in Atlanta.

Delta will bring Alessi´s one-of-a-kind pieces to its premium cabins, including Delta One, First Class and, in late 2017, Delta Premium Select. This marks the first time the design company, known for innovative and unique designs, has appeared in flight with a major airline with such a comprehensive program.

The Alessi for Delta Collection of 86 unique serviceware pieces marks the first major airline collaboration for the design firm. Delta and Alessi have collaborated closely since 2015 to develop one-of-a-kind pieces for Delta One that bring the customer experience to new heights.

Delta Air Lines serves nearly 180 million customers each year. Delta and the Delta Connection carriers offer service to 323 destinations in 57 countries on six continents. Headquartered in Atlanta, Delta employs more than 80,000 employees worldwide and operates a mainline fleet of more than 800 aircraft. The airline is a founding member of the SkyTeam global alliance and participates in the industry´s leading transatlantic joint venture with Air France-KLM and Alitalia as well as a joint venture with Virgin Atlantic.

Gulfstream G550 medevac aircraft selected For Beijing Red Cross emergency services

Gulfstream Aerospace Corp.´s Gulfstream G550 aircraft has been selected to launch state-of-the-art medevac services in Beijing, the company said.

The Gulfstream aircraft will be outfitted with top-of-the-line medevac equipment in support of the Beijing Red Cross Emergency Medical Center.

The G550 medevac will be used for disaster relief and air rescue services. The aircraft will feature in-flight emergency resuscitation enabled by hospital beds with inboard tracking capabilities for better doctor-patient access.

Additional special-mission outfitting includes a medical bay, powered gurney loading system on aircraft stairs, fold-out nurses´ seats for individual patient care, refrigerated medical storage cabinets, X-ray viewing equipment, and crew rests with berthing.

The Beijing Red Cross Emergency Medical Center was established in 2010 and currently has more than 1,000 employees. The Gulfstream G550 will join its fleet of two emergency medical services helicopters, a fixed-wing medevac aircraft, and 300 ambulances.

Gulfstream Aerospace Corporation, a wholly owned subsidiary of General Dynamics (NYSE: GD), designs, develops, manufactures, markets, services and supports the world´s most technologically advanced business-jet aircraft. Gulfstream has produced more than 2,500 aircraft for customers around the world since 1958.