SkyX develops drones for oil and gas industry

Ontario-based Unmanned Aerial Vehicles (UAV) provider SkyX has announced its public launch as it prepares to secure its Round A financing, the company said.

SkyX has developed UAVs, commonly known as drones, to service the oil and gas industry
by inspecting pipelines for damage, for mapping, and for security surveillance.

The company´s SkyOne drones, available on a service-leasing model, offer Vertical Take-Off and Landing (VTOL) capabilities, as well as autonomous flight and recharging. SkyOne can travel at 150km per hour for 70 min and can detect leaks, vandalism, vegetation encroachment, and more.

The oil and gas sector currently relies heavily on road vehicles and helicopters to detect any damage or threat. Both methods are more expensive, and less efficient than the SkyX solution. SkyOne allows for 24/7, unlimited data collection, provided in real-time and offers a far wider scope of information for the user.

Significantly, the SkyOne is able to recharge itself in the field. Through proprietary technology, rather than returning to home base to recharge, it flies to the nearest available xStation, where it recharges in a weather-shielded dome before continuing its mission.

SkyX is an innovative aerospace group based in the Greater Toronto Area (GTA) founded by Didi Horn, a former Captain in the Israeli Air Force and a drone pilot.

CheapAir.com releases 2017 'When to Buy' airfare study

CheapAir.com has released the findings of its Annual Airfare Study, which crunched 921 million airfares from 2.9 million trips to find the best and worst times to buy an airline ticket, the company said.

For the second consecutive year, the study found that 54 days out is, on average, when travelers can get the best deals on domestic flights. However, the best timing depends on when and where passengers fly.

The Airfare Study identifies five booking windows. Approximately 6 — 11 months in advance, when flights first open for sale, fares tend to be on the high side. From 3½ — 6 months in advance, fares are at a modest premium but options abound. From 3 weeks — 3½ months in advance, airfares are the cheapest, on average. This is typically the best time to buy airline tickets. During the period 2 — 3 weeks in advance, fares can vary dramatically but are often rising significantly, particularly as flights fill to popular destinations. Lastly, 0 — 2 weeks in advance, airfares are highest.

CheapAir.com also found that there is, on average, less than a 0.6% (less than USD 2) difference between purchase days of week. However, the day of the actual flight is a different matter. Tuesday and Wednesday are the cheapest days to fly, and Sunday is the most expensive, with an average difference of USD 73.

Calabasas, California-based CheapAir.com and its team of over 100 travel enthusiasts use cutting edge technology, a boatload of airfare data, and superior customer service to make it easier and less stressful to buy affordable airline tickets. Its proprietary airfare shopping engine uses a patented algorithm to find low prices, and shows fares and flight options in a simple, easy to navigate display that includes which flights have which inflight amenities.

ABN AMRO Clearing chooses Cognizant to cloud-enable global IT infrastructure

Cognizant (NASDAQ: CTSH) has been selected by global clearing firm ABN AMRO Clearing (AACB) as its strategic partner to cloud-enable its global IT infrastructure and lay the foundation for digital transformation, the company said.

This will enable AACB to increase operational resilience and application availability, enhance speed and agility in managing market volatility, and lower capital investment and operating costs.

As part of the multi-year agreement, Cognizant will transform the IT operating model across AACB business services, including the core trading and reporting systems, as well as modernize the existing technology infrastructure across Europe, the Americas and Asia-Pacific regions.

ABN AMRO Clearing provides clearing and financing services for listed derivatives and cash securities, OTC products, warrants, commodities and FX. With 11 offices globally employing more than 800 staff, ABN AMRO Clearing services clients on 160+ exchanges, MTFs, dark pools and FX liquidity centres and consistently ranks as a top three clearer in most time zones.

Headquartered in the US, Cognizant is one of the world´s leading professional services companies, transforming clients´ business, operating and technology models for the digital era.

Southwest, Teamster negotiators reach tentative agreement for material specialists

The negotiating team for Southwest material specialists has reached a tentative agreement to amend their current collective bargaining agreement with Southwest Airlines, the union said.

The negotiating team is comprised of Teamsters Airline Division International Representatives, local union business agents, and rank-and-file committee members. The agreement marks an end to a successful round of negotiations that originally began in September of 2013.

The agreement is a result of bargaining that led to an agreement-in-principle on March 3, 2017. If ratified by the membership, it will include a 20% signing bonus, 8% pay increases effective on the date of ratification, and an average of 27.3% pay increases over the lifetime of the agreement. The new agreement also eliminates the two-tier pay scale and the 21-year maximum salary cap by creating a new 11-year scale.

The current collective bargaining agreement covers more than 300 material specialists that deliver, store, and stock aircraft parts. The agreement covers members of Teamsters Locals 19, 986, 455,104, 781, 769 and 210.

Founded in 1903, the International Brotherhood of Teamsters represents 1.4 million men and women throughout the United States, Canada and Puerto Rico.

Netlogic Solutions gets CMMI certification, leverages GSA

Netlogic Solutions, Incorporated (NSI) has achieved a CMMI Level 2 in services rating, the company said.

This is in addition to their existing CMMI Level 2 Certificate in Development. Netlogic is proud of their CMMI Certifications as they can now offer their clients the added benefit of accurate project cost predictions with proven quality business results that serve as discriminators among their competitors.

When combined with their newly renewed GSA contract (GS-35F-388DA), Netlogic continues to expand their services to provide Information Technology (IT) services through the Federal Government´s electronic ordering system, GSA Advantage!.

With their 8 (a) Small Business certification secured, Netlogic Solutions recently launched LogicVU the next generation Web and Cloud enabled Business Intelligence suite that is a far more powerful than traditional Reporting and Dashboards and is specifically designed to assist businesses with Reducing Costs, Resource Utilization, Time, Total Cost of Ownership and Hardware Footprint.

An 8(a) Certified Small Disadvantaged Business founded in 2001, Netlogic Solutions helps clients stay competitive and in-sync with the speed of business by delivering products and services tailored for strategic IT functions.

StoneRiver adds module to manage state forms for compliance

Sapiens International Corporation (NASDAQ and TASE: SPNS) subsidiary StoneRiver, Inc. has added a state compliance manager module for the eFreedom annual statement system, the company said.

The State Compliance Manager offers convenience and time-savings as it manages state forms for compliance, with regulatory and statutory reporting standards.

Nearly 80 companies have opted for the State Compliance Manager and benefited from cost-effective, efficient ways of managing steadily increasing regulatory and compliance demands.

StoneRiver delivers technology solutions and services to insurance carriers, agents and broker-dealers.

Sapiens International provides software solutions for the insurance industry, with a growing presence in the financial services sector. Sapiens offers core, end-to-end solutions to the global general insurance, property and casualty, life, pension and annuities, reinsurance and retirement markets, as well as business decision management software.

Aeromexico reports 6% YoY increase in passengers transported in March 2017

Grupo Aeromexico S.A.B. de C.V. (Aeromexico) (BMV: AEROMEX) transported 1,680,000 passengers in March; a 6.0% year-on-year increase, the airline said.

International passenger numbers increased by 5.5%, while domestic passenger numbers increased by 6.2%. Demand, measured in Revenue Passenger Kilometers (RPKs), increased by 12.1%, year-on-year. Aeromexico´s capacity, measured in Available Seat Kilometers (ASKs), increased by 9.7%, year-on-year. The carrier´s March load factor was 79.3%, an increase of 1.5 p.p. compared to March 2016.

Grupo Aeromexico is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs. Aeromexico, Mexico´s global airline, operates more than 600 daily flights; its main hub is at the Mexico City International Airport. Its destinations network features more than 80 cities on three continents.

The Group´s fleet of more than 130 aircraft is comprised of Boeing 787, 777 and 737 jet airliners and next generation Embraer 145, 170 and 190 models. In 2012, the airline announced the most significant investment strategy in aviation history in Mexico, to purchase 100 Boeing aircraft including 90 MAX B737 jet airliners and 10 B787-9 Dreamliner´s.

As a founding member of the SkyTeam airline alliance, Aeromexico offers customers more than 1,000 destinations in 177 countries served by the 20 SkyTeam airline partners rewarding passengers with benefits including access to 636 premium airport lounges around the world. Aeromexico also offers travel on its codeshare partner flights with Delta Air Lines, Alaska Airlines, Avianca, Copa Airlines and WestJet, with extensive connectivity in countries like the United States, Brazil, Canada, Colombia and Peru.

CWA votes to ratify Southwest Wireline agreement

Leadership of the Communications Workers of America has notified AT&T (NYSE: T) that CWA-represented wireline employees in the company´s Southwest Region (CWA District 6) have voted to ratify a four-year contract, the company said.

The agreement, which was reached on March 2, covers over 20,000 employees in Arkansas, Kansas, Missouri, Oklahoma and Texas. It was ratified prior to expiration of the current contract on April 8, 2017. It includes, for the first time, about 900 DIRECTV employees who voted last October to ratify an agreement placing them in the Southwest contract.

Including this agreement, AT&T has reached, and union-represented employees have ratified, 28 labor agreements with the CWA and IBEW since the beginning of 2015, covering nearly 123,000 employees.

AT&T provides entertainment, business, mobile and high speed Internet services.

Qatar Airways wins 4 awards for amenity bags

Qatar Airways won in four categories of the TravelPlus Airline Amenity Bag Awards held in Hamburg, Germany. The airline´s new range of on-board products won the awards for First Class Female Amenity Kit, Business Class Middle East Amenity Kit, Children´s Goody Bag, and Sleeper Suit / Pajamas, the carrier said.

The luxury First Class female amenity kit bags and Business Class amenity kit bags contain a selection of skincare products. Qatar Airways´ new First Class Sleeper Suit product was also a winner at the awards ceremony. The men´s and women´s Sleeper Suits are made of 100% cotton. Both sets come with matching luxury cotton slippers.

The new children´s on board Hasbro Inc. amenity kits include plush infant Elefun and Potato Head toys as well as classic games. The airline´s specially prepared children´s meals feature lunch boxes that children can take home.

Judged by passengers themselves, the TravelPlus Airline Amenity Bag Awards are the industry´s leading benchmark for amenity kit excellence and quality. With no alliance to any association or guild, the awards are a true barometer of trends within the on-board experience sector.

Qatar Airways offers more than 150 business and leisure destinations on board its modern fleet of 192 aircraft. The airline is a member of the oneworld global alliance.

SES signs capacity deals with Gogo to meet inflight connectivity demand in North America

SES (Euronext Paris, LUXX: SESG) has announced new satellite capacity deals with Gogo (NASDAQ: GOGO) to meet the growing demand for high-speed inflight connectivity services on travel routes over the US and Canada, the company said.

The new contracts with Gogo include capacity on 12 additional Ku-band transponders, as well as supporting ground infrastructure.

With these latest agreements, Gogo has now signed important capacity deals across 11 SES satellites around the world, including significant long-term agreements for Ku-band high throughput (HTS) capacity onboard two SES satellites (SES-14 and SES-15) scheduled for launch this year.

SES continues to build a global network of multi-layered, multi-band capacity to meet the specific needs and requirements of the evolving aeronautical market.

SES is a satellite operator with more than 50 satellites in Geostationary Earth Orbit (GEO) and 12 in Medium Earth Orbit (MEO). SES focuses on value-added, end-to-end solutions in four key market verticals: video, enterprise, mobility and government. It provides satellite communications services to broadcasters, content and Internet service providers, mobile and fixed network operators, governments and institutions, and businesses worldwide.