MRO

Unical Aviation Inc. Expands with Unical Engines Office in Miramar, Florida

Retrieved on: 
Friday, March 8, 2024
Acquisition, MRO, Growth, Senior, Sales

Experienced Team: Unical Engines is staffed with a seasoned team of product line and sales professionals.

Key Points: 
  • Experienced Team: Unical Engines is staffed with a seasoned team of product line and sales professionals.
  • Engine Acquisition Milestones: Over the past six months, Unical Engines has achieved significant milestones in engine acquisition.
  • Comprehensive Solutions: Unical Engines offers comprehensive life cycle engine solutions tailored to the needs of the commercial engine aftermarket.
  • From airlines to maintenance, repair, and overhaul (MRO) facilities worldwide, Unical Engines is equipped to meet evolving industry demands.

Jet Access Joins SmartSky® Installation Network

Retrieved on: 
Thursday, March 7, 2024
Diamond, Aircraft, ATG, Eagle Creek Airpark, STC, Part, EYE, Embraer Phenom 300, FBO, MRO, Embraer, Flagship, Supplemental type certificate, Partnership, Airline

RESEARCH TRIANGLE, N.C., March 7, 2024 /PRNewswire/ -- SmartSky, provider of the most advanced inflight air-to-ground (ATG) connectivity for business aviation, today announced Jet Access as a new sales and installation partner. The company has recently signed an agreement to complete the first-of-type installation of a SmartSky LITE™ system on an Embraer Phenom 300, the world's best-selling light jet, which is expected to be completed this summer. The Supplemental Type Certificate (STC) will make SmartSky available to more than 400 in-service aircraft.

Key Points: 
  • RESEARCH TRIANGLE, N.C., March 7, 2024 /PRNewswire/ -- SmartSky, provider of the most advanced inflight air-to-ground (ATG) connectivity for business aviation, today announced Jet Access as a new sales and installation partner.
  • Jet Access is the first vertically integrated, fully transparent, full-service aviation management company in the industry.
  • Jet Access is a multi-year recipient of the FAA Diamond Award of Excellence and is an Authorized Service Center for Embraer and Pilatus aircraft.
  • "Jet Access' commitment to delivering the best possible customer experience makes them a natural fit to offer SmartSky.

ZKH Group Limited to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on Tuesday, March 19, 2024

Retrieved on: 
Tuesday, March 5, 2024
MRO

SHANGHAI, March 5, 2024 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, on Tuesday, March 19, 2024, before the open of the U.S. markets.

Key Points: 
  • SHANGHAI, March 5, 2024 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, on Tuesday, March 19, 2024, before the open of the U.S. markets.
  • The Company's management will hold an earnings conference call on Tuesday, March 19, 2024 at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong Time) to discuss the financial results.
  • Listeners may access the call by dialing the following numbers:

Global Commercial Aviation Turbofan Engines Market Report 2024, Featuring Key Players GE Aviation, Pratt & Whitney, Rolls Royce and CFM International/Safran

Retrieved on: 
Tuesday, March 5, 2024
Aircraft, Forecast, RPK, IATA, Segment, Shock, Risk, Aviation, Growth, Original equipment manufacturer, Strategic Insights, Commercial aviation, Carbon, SAF, MRO, COVID, Challenge, Movement, PW1000, MAX, Airline

DUBLIN, March 4, 2024 /PRNewswire/ -- The "Global Commercial Aviation Turbofan Engines Market - 2024 - Predictive Market Outlook for 2024 - Key Trends, Strategic Insights, Growth Opportunities & Market Outlook" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 4, 2024 /PRNewswire/ -- The "Global Commercial Aviation Turbofan Engines Market - 2024 - Predictive Market Outlook for 2024 - Key Trends, Strategic Insights, Growth Opportunities & Market Outlook" report has been added to ResearchAndMarkets.com's offering.
  • Against this backdrop, the report provides comprehensive insights and analysis and a predictive market outlook on the Global Commercial Aircraft Turbofan engines Market.
  • The coverage includes:
    Analysis of Emerging, Near-Term Market Scenario for Commercial Aviation - Near Term Ramp-Up Plans by Aircraft & Engine OEMs amid Supply Chain Woes.
  • Key Industry, Market & Technology Trends - Reducing Emissions, Sustainability, SAF, Fleet Planning amid Supply Constraints, 737 MAX 7 & 10 Programs.

Marathon Oil Corporation Announces Key Officer Promotions

Retrieved on: 
Thursday, February 29, 2024
Marathon Oil, Internal audit, Certified Public Accountant, University, Linn Energy, Retirement, Berry Petroleum Company, Business development, MRO, University of Illinois Urbana-Champaign, Accounting, Region, Eastern Illinois University, Vanderbilt University, Controller, Raymond James Morgan Keegan, Operation, Management

"On behalf of Marathon Oil, I would like to thank Dane for his outstanding leadership and service to the Company over the past seven years in his role as Chief Financial Officer.

Key Points: 
  • "On behalf of Marathon Oil, I would like to thank Dane for his outstanding leadership and service to the Company over the past seven years in his role as Chief Financial Officer.
  • Mr. White joined Marathon Oil in 1991 and has more than 30 years of experience in oil & gas accounting and finance.
  • Mr. Dailey joined Marathon Oil in 2015 and has more than 17 years of experience in the oil & gas industry.
  • Prior to joining Marathon Oil, Mr. Dailey served in various finance roles at Linn Energy, Berry Petroleum Company and Morgan Keegan & Company.

KEYSTONE TURBINE SERVICES (A PAG COMPANY) RECEIVES FOURTH CONSECUTIVE ROLLS-ROYCE BEST IN CLASS AWARD

Retrieved on: 
Thursday, February 29, 2024
PAG, M250, Defense, KTS, MRO, RR300, Rolls-Royce, BEST, Nursing

ATLANTA, Feb. 29, 2024 /PRNewswire/ -- Atlanta-based Precision Aviation Group, Inc. (PAG), a leading provider of products and value-added services to Aerospace and Defense industries worldwide, receives Rolls-Royce Best in Class Award.

Key Points: 
  • ATLANTA, Feb. 29, 2024 /PRNewswire/ -- Atlanta-based Precision Aviation Group, Inc. (PAG), a leading provider of products and value-added services to Aerospace and Defense industries worldwide, receives Rolls-Royce Best in Class Award.
  • This marks the fourth consecutive year Keystone Turbine Services (KTS), a division of PAG's Engine Services group, has been recognized with the Rolls-Royce Best in Class Award.
  • "It is wonderful to recognize our partners at PAG with this year's Best in Class Award, said Rolls-Royce Corporation Helicopter Program Director Scott Cunningham.
  • This award truly acknowledges our hard work, commitment to our customers, and being BEST IN CLASS.

Global Commercial Aircraft Fleet Slated to Grow 28% by 2034 According to Oliver Wyman

Retrieved on: 
Wednesday, February 28, 2024
Aviation, Growth, SAF, Marsh McLennan, European, MRO, Climate change, Aircraft, COVID, Development, MMC, Airline

NEW YORK, Feb. 28, 2024 /PRNewswire/ -- The commercial aviation fleet is projected to grow 28% over the next 10 years, expanding from today's 28,400 aircraft to 36,400 by 2034, according to a new report from consulting firm Oliver Wyman, a business of Marsh McLennan (NYSE:MMC).

Key Points: 
  • NEW YORK, Feb. 28, 2024 /PRNewswire/ -- The commercial aviation fleet is projected to grow 28% over the next 10 years, expanding from today's 28,400 aircraft to 36,400 by 2034, according to a new report from consulting firm Oliver Wyman, a business of Marsh McLennan (NYSE:MMC).
  • The data come from the 24th edition of the Global Fleet and MRO Market Forecast 2024-2034.
  • Before COVID the fleet was slated to reach 39,000 aircraft by 2030.
  • The fleet will expand 2.5% annually (compound annual growth rate) versus the 2.9% projected in last year's 2023-2033 forecast.

Allied Instrumentation Expands Reach as nVent RAYCHEM Representative

Retrieved on: 
Friday, February 23, 2024
Acquisition, Great Lakes region, Natural gas, TRACER, Food, MRO

RIVERDALE, Iowa, Feb. 23, 2024 /PRNewswire-PRWeb/ -- Allied Instrumentation continues its legacy as a leading nVent RAYCHEM representative and stocking distributor, serving E. Missouri, Illinois, W. Kentucky, and the Indiana counties of Lake, Porter, and LaPorte for over 50 years. Recently, Allied has bolstered its presence by acquiring the assets of Dale Prentice Company in the Great Lakes region, expanding its coverage to include Michigan and Eastern Wisconsin.

Key Points: 
  • With the acquisition of the assets of Dale Prentice Company, Allied Instrumentation solidifies its position as an exclusive industrial representative for nVent RAYCHEM by expanding their coverage to include Michigan and Eastern Wisconsin.
  • RIVERDALE, Iowa, Feb. 23, 2024 /PRNewswire-PRWeb/ -- Allied Instrumentation continues its legacy as a leading nVent RAYCHEM representative and stocking distributor, serving E. Missouri, Illinois, W. Kentucky, and the Indiana counties of Lake, Porter, and LaPorte for over 50 years.
  • With this strategic move, Allied Instrumentation solidifies its position as the exclusive industrial representative for nVent RAYCHEM solutions in the region.
  • Leveraging their expertise and commitment to customer satisfaction, Allied Instrumentation offers comprehensive support for nVent RAYCHEM heat management solutions, including sales, designs, takeoffs, and MRO activity.

Wesco Enters Agreement to Sell Integrated Supply Business to Vallen Distribution, Inc.

Retrieved on: 
Friday, February 23, 2024
MRO, Nautic Partners, Investment, Growth, Sale

PITTSBURGH, Feb. 23, 2024 /PRNewswire/ -- Wesco International (NYSE:WCC) announced today that it has entered into a definitive agreement to sell its Wesco Integrated Supply (WIS) business to Vallen Distribution, Inc., a portfolio company of Nautic Partners, LLC, for a purchase price of $350 million.

Key Points: 
  • PITTSBURGH, Feb. 23, 2024 /PRNewswire/ -- Wesco International (NYSE:WCC) announced today that it has entered into a definitive agreement to sell its Wesco Integrated Supply (WIS) business to Vallen Distribution, Inc., a portfolio company of Nautic Partners, LLC, for a purchase price of $350 million.
  • The sale will include predominately all of Wesco's industrial maintenance, repair and operations (MRO) integrated supply business in North America and Europe.
  • The business that is being divested had annual net sales of approximately $784 million in 2023.
  • I am very proud of their accomplishments and thank them for their outstanding customer service," said John Engel, Chairman, President, and CEO of Wesco.

Banyan Air Service to Complete SmartSky® Installation on the HondaJet

Retrieved on: 
Thursday, February 22, 2024
Aircraft, ATG, STC, Honda HA-420 HondaJet, MRO, Professional Pilot, KFXE

RESEARCH TRIANGLE, N.C., Feb. 22, 2024 /PRNewswire/ -- SmartSky, provider of the most advanced inflight air-to-ground (ATG) connectivity for business aviation, today announced that key sales and installation partner Banyan Air Service is completing the first of type installation of the award-winning SmartSky LITE™ system on a HA-420 HondaJet. The project supports the recent deal between Volato and SmartSky to equip Volato's HondaJet fractional fleet of 20 new aircraft and paves the way for other in-service HondaJet to have SmartSky's next-generation connectivity system. 

Key Points: 
  • RESEARCH TRIANGLE, N.C., Feb. 22, 2024 /PRNewswire/ -- SmartSky, provider of the most advanced inflight air-to-ground (ATG) connectivity for business aviation, today announced that key sales and installation partner Banyan Air Service is completing the first of type installation of the award-winning SmartSky LITE™ system on a HA-420 HondaJet.
  • Banyan, an award-winning Maintenance, Repair, and Overhaul (MRO) operation based in Fort Lauderdale, Florida, is an authorized HondaJet service center and will complete the installation at Banyan's KFXE facility.
  • "This exciting installation project makes the groundbreaking technology pioneered by SmartSky available for Volato.
  • Along with the installation agreement, the two companies recently signed a strategic agreement for Banyan to provide full-scale maintenance for the HondaJet fleet on-site at Volato's primary operational base in St. Augustine, FL.