Kaman continues convertibility of 2010 3.25% notes due November 2017

Kaman Corporation (NYSE:KAMN) 2010 3.25% Convertible Senior Notes due November 2017 (the “2010 Convertible Notes”) will continue to be convertible by the holders until the close of business on Monday, November 13, 2017, which is the second scheduled trading day prior to the final maturity date of November 15, 2017, the company said.

The current conversion rate of the 2010 Convertible notes is 29.9858 shares of common stock per USD 1,000 principal amount of the 2010 Convertible Notes, subject to further adjustment in accordance with the terms and provisions of the indenture. The aggregate principal amount of 2010 Convertible Notes currently outstanding is USD 11.5 million.

If a holder of 2010 Convertible Notes validly surrenders any of its 2010 Convertible Notes for conversion in accordance with the requirements of the indenture governing the 2010 Convertible Notes, Kaman will settle such conversion in cash, up to the principal amount of such 2010 Convertible Notes, and will settle amounts in excess of such principal amount, if any, in cash, shares of Kaman´s common stock or a combination thereof, at Kaman´s election.

Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts business in the aerospace and industrial distribution markets.

The company produces and markets proprietary aircraft bearings and components; super precision, miniature ball bearings; complex metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft; safe and arming solutions for missile and bomb systems for the US and allied militaries; subcontract helicopter work; restoration, modification and support of our SH-2G Super Seasprite maritime helicopters; manufacture and support of our K-MAX® manned and unmanned medium-to-heavy lift helicopters; and engineering design, analysis and certification services.

Horizon Air Group acquires Starbase Jet

Horizon Air Group has acquired World Class Jet dba Starbase Jet, including the air carrier certificate to be rebranded Horizon Jet Management, the company said.

This provides the company tremendous forward momentum in offering the highest quality service and aviation management to its clientele. The acquisition allows Horizon to not only assist clients with aircraft sales and charter services, but also FAA licensed aircraft operation, all under one roof.

This acquisition also makes Horizon Air Group one of the largest air charter organizations throughout the south central United States. They are now also one of the only companies in the country fully dedicated to all three major sales functions within the private aviation industry: Aircraft Management, Charter Brokerage, and Aircraft Sales and Acquisitions.

Established on a solid foundation of experience and success, Horizon Air Group capitalizes on the operational expertise of the three main components of business aviation: Air Charter, Aircraft Sales, and Aircraft Management. Horizon brings together some of the best leaders within the aviation industry to deliver top-level customer service and support to discerning businesses and private clients. They also offer an array of other services, including maintenance and aviation consulting services.

Norwegian adds Chicago and Austin to London; Boston, Newark and Oakland to Paris routes

Norwegian will commence service from both Austin and Chicago to London and it will add new routes from Boston and Oakland to Paris, the company said.

Norwegian will also increase the frequency of its highly successful New York City to Paris route by complementing its daily service out of John F. Kennedy International Airport with a six-weekly service from Newark Liberty International Airport. Additionally, the airline´s Los Angeles to Paris service will be increased by two weekly flights.

Norwegian launched transatlantic flights to London back in 2015 and the airline now offers 11 routes from the US to this iconic European city. Service to Paris was launched last July, and with the addition of flights from Boston and Oakland, Norwegian now offers six routes from the US to the French capital. Last month, the airline added nonstop service from the US to Barcelona and in November, Norwegian will introduce direct flights to Rome.

The world´s fastest-growing airline has already announced 25 new routes from the United States this year, with an additional six scheduled for 2018. Within the last few months, Norwegian has also announced service from London to Singapore, which does connect with some US flights to London, and from London to Buenos Aires, which will launch in February 2018.

Norwegian now offers 57 transatlantic routes from 15 US airports to Denmark, France, Ireland, Norway, Spain, Sweden and the United Kingdom, as well six routes to the French Caribbean, totaling 63 routes out of the United States. Upcoming launches from the US include: Orlando to Paris (July 31); Fort Lauderdale to Barcelona (August 22); Denver to London (September 16); Seattle to London (September 17); Providence to Guadeloupe (October 29); Providence to Martinique (October 30); Fort Lauderdale to Martinique (October 30); New York/Newark to Rome (November 9); Los Angeles to Rome (November 11); Oakland/San Francisco to Rome (February 6, 2018); New York/Newark to Paris (February 28); Chicago to London (March 25); Austin to London (Mach 27); Boston to Paris (March 2) and Oakland/San Francisco to Paris (April 10).

Passengers on all of Norwegian´s routes are eligible to join Norwegian Reward, the airline´s frequent flyer program and can earn CashPoints every time they fly, stay at a hotel or drive a rental car.

Norwegian is the world´s sixth largest low-cost airline and carried 26 million passengers in 2015. The airline operates more than 500 routes to over 150 destinations in Europe, North Africa, Middle East, Thailand, Caribbean and the US Norwegian has a fleet of more than 130 aircraft, with an average age of 3.6 years, making it one of the world´s youngest fleets. Norwegian was named the Most Fuel-Efficient Airline on Transatlantic Routes by the International Council on Clean Transportation (ICCT).

GeoNovus adds Microdrones UAVs to product portfolio

Microdrones announced that GeoNovus, a provider of geospatial equipment, will now offer Microdrones unmanned aerial mapping packages to surveying, mapping, and construction companies in Lithuania, Latvia, and Estonia, the company said.

Available immediately, GeoNovus is offering Microdrones´ mdMapper packages, complete solutions that include aircraft, sensors, and software — everything companies need for aerial mapping.

These packages were designed for simple training and easy use to allow users to get started quickly.

Alaska Airlines Foundation gives over USD 160,000 to Alaska and Washington nonprofits

The Alaska Airlines Foundation is awarding USD 161,500 to 15 nonprofits in Alaska and Washington, the company said.

The mid-year grants are the first of two donations the Alaska Airlines Foundation will make this year.

In the first half of 2017, grants were made to 15 organizations.

The Alaska Airlines Foundation considers grant requests twice in a calendar year. Eligible nonprofit organizations are encouraged to submit an online application at donationsalaskaair.com by Sept. 15, 2017, for consideration in November.

Alaska Airlines, together with Virgin America and its regional partners, flies 40 million guests a year to 118 destinations with an average of 1,200 daily flights across the United States and to Mexico, Canada, Costa Rica and Cuba. With Alaska and Alaska Global Partners, guests can earn and redeem miles on flights to more than 900 destinations worldwide. Alaska Airlines, Virgin America and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

iHeartCommunications extends private offers

iHeartCommunications, Inc. is extending the private offers to holders of certain series of iHeartCommunications´ outstanding debt securities to exchange the Existing Notes for new securities (the “New Securities”) of iHeartMedia, Inc., CC Outdoor Holdings, Inc. and iHeartCommunications, and the related solicitation of consents (the “Consent Solicitations”) from holders of Existing Notes to certain amendments to the indentures and security documents governing the Existing Notes, the company said.

The Exchange Offers and Consent Solicitations were previously scheduled to expire on July 7, 2017, at 5:00 p.m., New York City time, and will now expire on July 21, 2017, at 5:00 p.m., New York City time.

The deadline to withdraw tendered Existing Notes in the Exchange Offers and revoke consents in the Consent Solicitations has also been extended to 5:00 p.m., New York City time, on July 21, 2017.

iHeartCommunications is extending the Exchange Offers and Consent Solicitations to continue discussions with holders of Existing Notes regarding the terms of the Exchange Offers and to continue discussions with lenders under its Term Loan D and Term Loan E facilities in connection with the concurrent private offers made to such lenders, which iHeartCommunications announced today will now expire at 5:00 p.m., New York City time, on July 21, 2017.

As of 5:00 p.m., New York City time, on July 5, 2017, an aggregate amount of approximately USD 45.5 million of Existing Notes, representing approximately 0.6% of outstanding Existing Notes, had been tendered into the Exchange Offers.

iHeartMedia, the parent company of iHeartCommunications, Inc., is one of the global media and entertainment companies. The company specializes in radio, digital, outdoor, mobile, social, live events, on-demand entertainment and information services for local communities, and uses its unparalleled national reach to target both nationally and locally on behalf of its advertising partners.

SkyWest reports June 2017 traffic

SkyWest, Inc., (NASDAQ: SKYW) ha reported 159,214 block hours in June 2017, compared to 168,060 block hours in June 2016, a decrease of 8,846 or 5.3%, the company said.

The net decrease was consistent with SkyWest´s fleet transition plan to improve the mix of aircraft in its fleet by adding new E175 aircraft, while reducing its 50-seat jets.

The year-over-year net change was primarily driven by approximately 13,800 additional block hours from its E175 aircraft and a decrease of approximately 22,600 block hours from its other aircraft types.

In June 2017, SkyWest´s dual class aircraft represented approximately 51% of SkyWest´s total block hour production for the month compared to approximately 43% for the month of June 2016.

SkyWest reported 919,783 block hours for year-to-date June 2017, compared to 980,209 block hours year-to-date June 2016, a decrease of 60,426, or 6.2%. This net change was primarily driven by approximately 76,400 additional block hours from its E175 aircraft and a decrease of approximately 136,800 block hours from its other aircraft types.

SkyWest had 95,990 departures in June 2017 compared to 101,230 in June 2016, a decrease of 5,240, or 5.2%. SkyWest generated 2.84 billion available seat miles (ASMs) for June 2017, compared to 2.95 billion ASMs for June 2016, or a 3.9% decrease. Additional flight statistics for June, including passengers enplaned, revenue passenger miles, and passenger load factors, are included in the accompanying table.

Based in St. George, Utah, SkyWest is the holding company for two scheduled passenger airline operations and an aircraft leasing company and is headquartered in St. George, Utah. SkyWest´s airline companies provide commercial air service in cities throughout North America with more than 3,000 scheduled daily flights carrying approximately 50 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. ExpressJet Airlines operates through partnerships with United Airlines, Delta Air Lines and American Airlines.

CenturyLink becomes supplier for Sap Hana Enterprise Cloud in Asia Pacific

CenturyLink, Inc. (NYSE: CTL) has signed an agreement with SAP to offer premium supplier services for Sap Hana® Enterprise Cloud in Asia Pacific, the company said.

These services, delivered through data centers located in Singapore and India, can help organizations across the region accelerate their digital transformation journeys by combining the real-time computing power of the Sap Hana platform with CenturyLink´s global network infrastructure and in-house expertise in SAP® solutions.

Through this agreement, CenturyLink´s infrastructure and services capabilities help expand the Sap Hana Enterprise Cloud offering. Sap Hana Enterprise Cloud is a private, secure cloud fully managed by SAP and supported by global partners, and is often used by companies that run mission-critical applications in the cloud.

The launch builds on CenturyLink´s global premium supplier partnership agreement with SAP, and successful SAP project implementations for clients in Asia Pacific. CenturyLink has deep SAP technology expertise which includes designing, implementing and managing a full spectrum of SAP solutions.

CenturyLink´s Global IT & Managed Services group provides a broad range of technology-enabled business solutions and managed services including cloud enablement, big data-as-a-service, advanced decision sciences, digital commerce, managed security application development and modernization, quality assurance and testing, and disaster recovery services.

In addition, Global IT & Managed Services offers a suite of analytical solutions built on its Model Controller platform designed to operationalize predictive models.

Following a rigorous audit and approval process, both CenturyLink´s infrastructure and practitioners have achieved premium supplier status for Sap Hana Enterprise Cloud. This further establishes CenturyLink as a trusted SAP technology partner, with significant experience delivering a dynamic suite of SAP solutions and services.

CenturyLink is a global communications and IT services company focused on connecting its customers to the power of the digital world. CenturyLink offers network and data systems management, big data analytics, managed security services, hosting, cloud, and IT consulting services. The company provides broadband, voice, video, advanced data and managed network services over a robust 265,000-route-mile US fiber network and a 360,000-route-mile international transport network.

Aeroblaze offers new time-saving service for aerospace manufacturers

Aeroblaze Laboratory has announced a new flammability testing service for aerospace manufacturers, the company said.

This service provides expedited testing for quality control, offering 1.5-day turnaround and reduced rates.

Manufacturers may run hundreds of quality control tests per month. In addition to the high cost of testing, manufacturers also experience long lead times for test results.

Current industry lead times for flammability testing typically range from 3 to 5 days, which includes the mandatory 24-hour conditioning prior to testing. Factoring in the transport time of shipping samples, results may take over a week to arrive. Aeroblaze hopes to expedite this process and provide test results in less than two days.

Aeroblaze Laboratory is an independent testing laboratory specializing in flammability testing for aircraft materials. Aeroblaze is FAA-registered and offers certification services for all types of aircraft/rotorcraft.

eM email client adds PGP encryption for more secure emailing

In the US, our digital lifestyles and multiple email addresses have many people embracing email client applications that consolidate multiple email accounts, offer real-time calendars and live chat, and manage contacts across devices, the company said.

At the same time, privacy concerns are growing and consumers want better ways to protect their email correspondence from malware, packet sniffing and other malicious activity.

To reduce risk and increase security for its more than 1 million email users, eM Client, a third-party email client application provider, has added support for the OpenPGP (also known as Pretty Good Privacy or PGP) signing and encryption standard in its eM Client 7.1 release.

eM Client already supports S/MIME, but PGP is preferred by some users. In contrast to S/MIME, it is common for each PGP user to create his or her own key pair, so no third-party authority is required.

PGP was the first major strong cryptographic technology designed to be used by everyday computer users. An OpenPGP open standard later evolved from the PGP technology. The two components of PGP, signing and encryption, are often combined and prove that a sender´s email was created by the sender, limits and identifies potential tampering, and ensures that the target recipient only will be able to read the message.

Founded in 2006, eM Client develops modern,-edge e-mail client software that supports all major e-mail providers and is easy to use. eM Client is intuitive, but fully loaded with useful features.