Rockwell Collins has appointed Adam Palmer as Vice President, Investor Relations, the company said.
Palmer succeeds Ryan Miller, who will be transitioning to vice president and controller of the company´s Commercial Systems business as part of a leadership rotation. Miller will continue as the lead Investor Relations executive for Rockwell Collins until the appointments become fully effective May 1, 2017.
Palmer will be responsible for developing and maintaining relationships with sell- and buy-side financial analysts, as well as for communications between Rockwell Collins and the investing public and shareowners. He has held various leadership positions within the company´s Finance organization since joining Rockwell Collins in 2003. He most recently served as senior director, External Financial Reporting.
Palmer earned a bachelor´s degree in Accounting and a Master of Business Administration from the University of Iowa, and is a certified public accountant.
Rockwell Collins (NYSE: COL) provides flight deck avionics, cabin electronics, cabin interiors, information management, mission communications, and simulation and training solutions to commercial and military customers around the world.
MAG Aerospace (MAG) has acquired Discovery Air Fire Services Inc. (DAFS), formerly a subsidiary of Canada-based specialty aviation provider Discovery Air Inc., the company said.
This acquisition adds aerial forest fire management, specialized charter aviation, and environmental monitoring services to MAG´s already robust ISR service offerings.
DAFS is a Northern Ontario based Aerial Operations Company which has been active in the Canadian aviation industry for over 60 years, with primary bases in Dryden, Kenora, and Sudbury Ontario. DAFS is focused on the provision of Airspace and Aircraft Management (Birddog) services, as well as Aerial Fire Surveillance and Air Charter. DAFS also has an Imagery Division that provides low level Infrared Services, Multispectral Imagery, and Electro-Optical and Infrared (EO/IR) services.
MAG Aerospace, headquartered in Woodbridge, Virginia, is a leader in providing and enabling global situational awareness to make the world smaller and safer. Private equity backed by the Clairvest Group, MAG Aerospace delivers manned and unmanned ISR operations, aviation training, aviation logistics, and technical services to federal, global, civilian, and commercial customers around the world.
Copa Holdings, S.A. (NYSE: CPA) has released preliminary passenger traffic statistics for March 2017, the company said
For the month, Copa Holdings´ system-wide passenger traffic (RPMs) increased 11.9% year over year, while capacity (ASMs) increased 5.9%. As a result, system load factor for March 2017 was 79.6%, a 4.3 percentage point increase when compared to March 2016.
Copa Holdings is a Latin American provider of passenger and cargo services. The company, through its operating subsidiaries, provides service to 73 destinations in 31 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 101 aircraft: 80 Boeing 737NG aircraft and 21 EMBRAER-190s.
Poarch Band of Creek Indians have opened PCI Aviation in Huntsville, AL, a new cutting edge aviation company whose core mission is to keep US military aircraft working efficiently and safely in an ever-changing environment, the band said.
Formed by leaders in the aviation industry, PCI Aviation will initially specialize in the fabrication of cables and wiring harnesses which must be manufactured to very precise specifications and perform essential functions in extremely sophisticated aircraft.
PCI Aviation is an SBA certified 8(a) minority-owned company formed by the Poarch Band of Creek Indians Tribal Council in June of 2016.
The Poarch Band of Creek Indians is a federally recognized Indian Tribe in the state of Alabama, operating as a sovereign nation with its own system of government and bylaws. The tribe operates a variety of economic enterprises, which employ hundreds of area residents. The Poarch Band of Creek Indians is an active partner in the state of Alabama, contributing to economic, educational, social and cultural projects benefiting both tribal members and residents of these local communities and neighboring towns.
Brazil-ased airline GOL Linhas Aereas Inteligentes SA (NYSE: GOL and BM&FBOVESPA: GOLL4) has confirmed the dates for the ratio change in the its American Depositary Receipt (ADR) program from a ratio of one American Depositary Share (ADS) representing 10 preferred shares to a ratio of one ADS representing five preferred shares in GOL, the company said.
The purpose of the ADS ratio change is to increase liquidity in the trading, expanding the shareholder base and facilitating access to GOL ADSs on the NYSE.
As a result of the ratio change, ADS holders of record will automatically receive on the distribution date, May 1, 2017, one additional ADS for each ADS held by the close of business on the record date, April 27, 2017.
The ratio change will not affect holders of the company´s preferred shares. Existing ADSs will continue to be valid and will not have to be exchanged.
In addition, GOL has appointed The Bank of New York Mellon as the successor depositary bank for the Company´s ADR program on terms substantially identical to the previous deposit agreement.
Gol Linhas Aereas Inteligentes is an airline company engaged in providing mobile geolocation services to its passengers and designing a website featuring accessibility resources to assist people with visual and motor impairments. The company operates through two segments: Air transportation and Loyalty program. Its fleet has approximately 130 Boeing aircraft.
ExxonMobil has announced that Mobil Jet Oil 387, a synthetic High Performance Capability (HPC) turbine engine oil, will be used in all of Singapore Airlines´ aircraft, the company said.
Created entirely by ExxonMobil lubricant formulators, Mobil Jet Oil 387 features custom-made esters and unique additives that help deliver a combination of benefits never before achieved with an HTS/HPC turbine oil.
Since being introduced in late 2012, airlines and equipment manufacturers have seen how Mobil Jet Oil 387 can deliver outstanding deposit control, oxidative stability and seal compatibility. These key benefits help ensure that Mobil Jet Oil 387 meets the performance requirements for current and future turbine engine technologies, making it an ideal lubricant choice for carriers such as Singapore Airlines.
The High Performance Capability (HPC) classification represents the highest aviation industry standard for aviation turbine engine oils. To meet the HPC classification, oils must deliver exceptional overall performance, high levels of oxidation resistance and outstanding deposit control. Mobil Jet Oil 387 is certified as a HPC oil.
To date, Mobil Jet Oil 387 has accrued nearly one million hours of on-wing performance and protects more than 250 aircraft from carriers around the world. Approved for use in a wide range of engines and components, Mobil Jet Oil 387 meets demanding industry specifications, including SAE AS5780 High Performance Capability and US Military Specification MIL-PRF-23699-HTS.
Singapore Airlines operates one of the youngest fleets in the aviation industry. Its fleet includes a range of Airbus and Boeing wide-body aircraft.
The Poarch Band of Creek Indians has announced the opening of PCI Aviation in Huntsville, Alabama, the tribe said.
PCI Aviation´s core mission is to keep US military aircraft working efficiently and safely. It will initially specialize in the fabrication of cables and wiring harnesses manufactured to precise specifications to perform essential aircraft functions.
The company is a SBA certified 8(a) minority-owned company formed by the Poarch Band of Creek Indians Tribal Council in June of 2016.
The Poarch Band of Creek Indians is the only federally recognized Indian tribe in the state of Alabama, operating as a sovereign nation with its own system of government and bylaws. The tribe operates a variety of economic enterprises, which employ hundreds of area residents.
The Poarch Band of Creek Indians is an active partner in the state of Alabama, contributing to economic, educational, social and cultural projects benefiting both tribal members and residents of these local communities and neighboring towns.
After 36 years of service, Timothy J. Romenesko, Chief Financial Officer and Vice Chairman of Wood Dale, Illinois-based AAR Corp. (NYSE: AIR) has announced plans to retire, effective December 31, 2017, the company said.
Romenesko joined AAR in 1981 and performed various financial roles for several AAR operating units before being named Corporate Controller in 1991 and serving as CFO and Treasurer from 1994 to 2006. From 2007 to 2015, he was AAR´s President and Chief Operating Officer. Before returning to the role of CFO in 2016, Romenesko was Vice Chairman and Chief Operating Officer of the Expeditionary Services segment.
AAR is commencing a search for a new CFO to replace Romenesko.
AAR is a global aftermarket solutions company that employs more than 5,000 people in over 20 countries. The company supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services.
AAR´s Aviation Services include inventory management; parts supply; OEM parts distribution; aircraft maintenance, repair and overhaul; and component repair. AAR´s Expeditionary Services include airlift operations; mobility systems; and command and control centers in support of military and humanitarian missions.
Aeromexico has introduced Aerobot, its Artificial Intelligence (AI) customer service chatbot, with the help of its chatbot development partners at Yalochat.com and IV.AI, the company said.
In six months of use, the bot has taken the customer service department from 0-96% automation and dramatically reduced the average customer service resolution time via chat from an average of 16 minutes to down to two minutes.
Aerobot is about to gain full marketing support a the first of its kind to handle any question posed in natural language (in Spanish; English coming soon) about a customer´s trip or the company´s service.
Grupo Aeromexico, S.A.B. de C.V. 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.
IV.AI is a machine learning company, focusing on strategy, creative and customised neural networks.
Yalo is a chatbot and AI platform that helps businesses offer customer experiences on Facebook messenger. Every business on yalo gets a chatbot with an optimised flow that handles customer requests to the point of payment and fulfillment.
DroneDeploy has announced the beta release of its new Fieldscanner product offering real-time drone mapping, the company said.
With Fieldscanner, available as part of DroneDeploy´s iOS app, farmers can use any DJI drone to create a map of their fields. Aerial imagery helps growers detect variability that large fields and tall crops make difficult to see from the ground, and for which conventional methods are often too slow. Fieldscanner can capture a field map in minutes so that growers can make crop management decisions on the spot or use the Fieldscan as a guide for more targeted boots-on-the-ground inspection.
Fieldscanner uses DroneDeploy´s existing automatic flight planning for DJI drones and adds local processing on the drone and mobile device to create a low-resolution Fieldscan as the drone is flying, instead of requiring the user to process imagery into a map at a computer after the flight. Once the drone lands, the Fieldscan informs crop scouting and helps growers take notes in the field.
The Fieldscanner beta is being rolled out to all DroneDeploy customers for use with DJI drones and iOS devices, including customers who purchased drone DroneDeploy from a partner or reseller. Any customers of the Case IH UAV solution and New Holland PLM Drone Data solution sold through CNH Industrial´s network dealers in North America will now get access to Fieldscanner at no additional cost.
DroneDeploy is a cloud software platform for commercial drones used in more than 160 countries across a variety of industries including agriculture, construction, mining and insurance. It is transforming how businesses collect, manage, and interpret drone data to improve workflows.
Scalable image processing, data storage, and sharing in real-time form the backbone of the DroneDeploy platform, while user-friendly applications make it intuitive to fly and capture drone data, and to view and analyze maps on any device. The platform enables users to leverage best-in-class apps through the drone industry´s largest App Market, and to leverage open APIs to build custom tools and integrations.