Textron

ATP Flight School Accelerates Growth with Purchase of 40 Additional Cessna Skyhawk Aircraft

Retrieved on: 
Thursday, December 7, 2023
General Automotive, Chemicals, Plastics, Fleet Management, Other Energy, Aerospace, Manufacturing, Automotive, Training, Energy, Air, Defense, Transport, Other Defense, Education, Aviation, Safety, NYSE, Cessna 172, Student, Multimedia, Skyhawk, Marketing, Aircraft, ATP, Textron Aviation, Textron, ATP Flight School, Airline

Textron Aviation today announced an agreement with ATP Flight School for the purchase of an additional 40 Cessna Skyhawk aircraft to be delivered beginning in 2026.

Key Points: 
  • Textron Aviation today announced an agreement with ATP Flight School for the purchase of an additional 40 Cessna Skyhawk aircraft to be delivered beginning in 2026.
  • View the full release here: https://www.businesswire.com/news/home/20231207013539/en/
    ATP Cessna Skyhawk Fleet (Photo: Business Wire)
    The Cessna Skyhawk is designed and manufactured by Textron Aviation Inc. , a Textron Inc. (NYSE:TXT) company.
  • The Cessna Skyhawk is renowned as the go-to training aircraft in the industry.
  • Over the next three years, ATP will be expanding its Cessna fleet by 60% and delivering over 40 new state-of-art planes to ATP students each year through 2026," said Michael Arnold, vice president of marketing, ATP Flight School.

Reliable Robotics Flies Large Cargo Aircraft with No One On Board

Retrieved on: 
Wednesday, December 6, 2023
Technology, Automotive, Military, Other Transport, Trucking, Robotics, Maritime, Air, Transport, Aerospace, Logistics, Supply Chain Management, Manufacturing, Software, Defense, Internet, Hardware, Autonomous Driving, Vehicles, Aviation, Air force, Safety, Senior, AFWERX, ASL, Beechcraft, Multimedia, CFIT, The, Reliability, ASL Airlines Ireland, Cessna 208 Caravan, E-commerce, Partnership, Aircraft, Textron Aviation, Certification, Accident, Airline, Caravan, Hawker, Engineering, Textron

Last month’s successful flight of a Cessna 208B Caravan with no one on board was a first for aviation.

Key Points: 
  • Last month’s successful flight of a Cessna 208B Caravan with no one on board was a first for aviation.
  • Reliable Robotics has been collaborating with Textron Aviation, which includes the Beechcraft, Cessna and Hawker brands, and Textron eAviation focused on sustainable flying.
  • Reliable Robotics is an original member of ASL’s CargoVision forum of companies involved in pioneering new aviation and propulsion technologies.
  • With multiple industry-first technical accomplishments and unrivaled FAA certification progress, Reliable Robotics is well positioned to deliver safety-enhancing aircraft automation systems.

White Oak Originations Veteran Joins White Oak Commercial Finance with Focus on Large Ticket Loan Origination

Retrieved on: 
Tuesday, December 5, 2023
Consulting, Banking, Professional Services, Finance, ABL, Asset-based lending, Senior, Bank, White, Term loan, Division, Textron, White oak

White Oak Commercial Finance, LLC (“WOCF”), an affiliate of White Oak Global Advisors, LLC, announced today that Christopher Gouskos will join the ABL team at White Oak Commercial Finance as a Managing Director, Originations, departing from his previous similar role as Managing Director, Originations at White Oak Global Advisors (“White Oak”), which he has held since 2015.

Key Points: 
  • White Oak Commercial Finance, LLC (“WOCF”), an affiliate of White Oak Global Advisors, LLC, announced today that Christopher Gouskos will join the ABL team at White Oak Commercial Finance as a Managing Director, Originations, departing from his previous similar role as Managing Director, Originations at White Oak Global Advisors (“White Oak”), which he has held since 2015.
  • For the past eight years at White Oak, Gouskos was responsible for origination cash flow and enterprise value base Term Loans.
  • In response to increased investor appetite for ABL and increased activity in White Oak Commercial Finance’s ABL business, Gouskos will join WOCF’s dedicated ABL team to continue the development of successful loan originations and increase the business’s footprint in the broader ABL space, with a particular focus on large ticket asset-based lending opportunities.
  • “We are thrilled to welcome Christopher to the ABL team,” said Tom Otte, CEO of White Oak Commercial Finance.

Hayward Announces Leadership Transition

Retrieved on: 
Monday, December 4, 2023
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Landscape, NYSE, Senior, Flow control, Part, Marketing, Aquatic plant management, Final good, Water, Textron, Service, CCO, Management

Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward”), a global designer, manufacturer, and marketer of a broad portfolio of pool and outdoor living technology, announced today the promotion of John Collins to Chief Commercial Officer (CCO), effective immediately.

Key Points: 
  • Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward”), a global designer, manufacturer, and marketer of a broad portfolio of pool and outdoor living technology, announced today the promotion of John Collins to Chief Commercial Officer (CCO), effective immediately.
  • Prior to joining Hayward, Collins was the Senior Vice President and General Manager of E-Z-GO for Textron Specialized Vehicles, Inc.
  • “John’s exceptional leadership as Hayward’s Chief Supply Chain Officer has been pivotal in shaping our global supply chain activities,” said Hayward’s President and Chief Executive Officer Kevin Holleran.
  • As part of the strategic leadership transition, Hayward has announced the departure of Rick Roetken, President of North America.

Textron Aviation announces agreement to purchase 48 Cessna Skyhawks to support BAA Training

Retrieved on: 
Friday, November 24, 2023
Defense, Air, Transport, Aerospace, Manufacturing, Other Defense, BAA Training, Aviation, NYSE, Cessna 172, Student, Multimedia, Dubai Airshow, Aircraft, Skyhawk, Textron Aviation, Textron, BAA, Airline

Textron Aviation today announced an agreement with BAA Training for the purchase of 48 Cessna Skyhawk aircraft, expected to be delivered in 2026.

Key Points: 
  • Textron Aviation today announced an agreement with BAA Training for the purchase of 48 Cessna Skyhawk aircraft, expected to be delivered in 2026.
  • View the full release here: https://www.businesswire.com/news/home/20231122176159/en/
    Photo of representatives from Textron Aviation and BAA Training (left to right: Marijus Ravoitis, BAA Training; Bob Gibbs, Textron Aviation) (Photo: Business Wire)
    The Cessna Skyhawk is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.
  • We are glad to finalize this order, as the addition of 48 Cessna Skyhawks will bolster our resources, enabling us to accommodate the growing demand for training and further solidify our position in the industry,” said Marijus Ravoitis, CEO, BAA Training.
  • BAA Training offers comprehensive aviation training solutions for aspiring commercial pilots, ranging from Ab Initio training to Type Rating, available across multiple locations, including Spain, Lithuania, France and Vietnam.

Fuel Cells For Military Unmanned Aerial Vehicle (UAV) Market to increase by USD 232.91 million from 2023 to 2028; North America accounts for 33% of the market growth - Technavio

Retrieved on: 
Monday, December 11, 2023
Elbit Systems, UAV, Unmanned aerial vehicle, HALE, Honeywell, USD, CHP, Intelligent Energy, General Dynamics, Geography, U.S. military UAS groups, Growth, Northrop Grumman, Textron, MMC, Free, Airline, Ceramic

NEW YORK, Dec. 11, 2023 /PRNewswire/ -- The fuel cells for military unmanned aerial vehicle (UAV) market is expected to grow by USD 232.91 million from 2023 to 2028.

Key Points: 
  • NEW YORK, Dec. 11, 2023 /PRNewswire/ -- The fuel cells for military unmanned aerial vehicle (UAV) market is expected to grow by USD 232.91 million from 2023 to 2028.
  • The rising need for extended flight time is notably driving the fuel cells for the military unmanned aerial vehicle (UAV) market.
  • However, factors such as high initial costs of fuel cell systems may impede market growth.
  • Fuel Cells For Military Unmanned Aerial Vehicle (UAV) Market 2024-2028: Segmentation
    The market growth by the hydrogen fuel cell segment is significant during the forecast period.

SOUTHWEST AIRLINES ANNOUNCES NOMINATION OF LISA ATHERTON TO JOIN ITS BOARD OF DIRECTORS

Retrieved on: 
Friday, December 8, 2023
TACTIC (military program), Master, Southwest Airlines, V-22, Air force, NYSE, Business development, Senior, Directorate, Duke University, Air Combat Command, Mason School, Annual general meeting, The, Bell, Business administration, Thunderbird, Barry Posner (leadership scholar), Aviation, Business, Jurisprudence, Fuqua School of Business, Management, Textron

DALLAS, Dec. 8, 2023 /PRNewswire/ -- The Board of Directors of Southwest Airlines Co. (NYSE: LUV) has named Lisa Atherton as a candidate to join the Board.

Key Points: 
  • DALLAS, Dec. 8, 2023 /PRNewswire/ -- The Board of Directors of Southwest Airlines Co. (NYSE: LUV) has named Lisa Atherton as a candidate to join the Board.
  • Atherton, along with other Board nominees, will be on the ballot at the Company's Annual Meeting of Shareholders on May 15, 2024.
  • Atherton is the President and Chief Executive Officer of Bell, a Textron Inc. (NYSE: TXT) company, and a member of Textron's Executive Leadership Team.
  • Prior to assuming her role as President and Chief Executive Officer, Atherton served as the Chief Operating Officer of Bell.

Flight Simulator Market to increase by USD 2.84 billion during 2022-2027, Rising demand for cost-effective virtual training in the aviation industry to drive the growth - Technavio

Retrieved on: 
Thursday, November 30, 2023
FFS, UAV, Berkshire Hathaway, Commercial, Airbus, PDF, Lockheed Martin, ACIS, CAE Inc., Nature, USD, Thales Group, Aircraft, Raytheon Technologies, Growth, FSTD, VIER, Textron, YOY, L3Harris Technologies, Airline, Geography

NEW YORK, Nov. 30, 2023 /PRNewswire/ -- The flight simulator market size is expected to grow by USD 2.84 billion between 2022 and 2027.

Key Points: 
  • NEW YORK, Nov. 30, 2023 /PRNewswire/ -- The flight simulator market size is expected to grow by USD 2.84 billion between 2022 and 2027.
  • The market is segmented by Product Type (Military flight simulator and Commercial flight simulator), Platform (Rotary wing simulator, Fixed wing simulator, and UAV simulator), and Geography (North America, APAC, Europe, South America, and Middle East and Africa).
  • The rising demand for cost-effective virtual training in the aviation industry drives the flight simulator market.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.

Global Hybrid Aircraft Market Analysis Report 2023-2030: Noise-Free Aircraft and Short-Haul Connectivity, Key to Growth

Retrieved on: 
Wednesday, November 29, 2023
Aircraft, Hydrogen, Business, Safety, Research, HAL/NAL Regional Transport Aircraft, Congestion, Unmanned aerial vehicle, AAM, Algorithm, Ecosystem, Artificial intelligence, USD, VoltAero Cassio, Pulse, Aviation, Region, Growth, Textron, UAM, Transport, Airline, Embraer

DUBLIN, Nov. 29, 2023 /PRNewswire/ -- The "Hybrid Aircraft Market by Aircraft Type (Regional Transport Aircraft, Business Jets, Light Aircraft, UAVs, AAM), Power Source (Fuel Hybrid, Hydrogen Hybrid), Lift Technology, Mode of Operation, Range, System and Region - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 29, 2023 /PRNewswire/ -- The "Hybrid Aircraft Market by Aircraft Type (Regional Transport Aircraft, Business Jets, Light Aircraft, UAVs, AAM), Power Source (Fuel Hybrid, Hydrogen Hybrid), Lift Technology, Mode of Operation, Range, System and Region - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
  • Various factors, such as the growing technological advancements in hybrid propulsion and need for sustainable development to drive the hybrid aircraft market.
  • However, limited in weight and payload and regulatory approval obstacles involving hybrid aircraft are limiting the overall growth of the market.
  • Thus, the increasing use of fuel hybrid aircraft is driving the hybrid-electric aircraft market.

EVTOL Aircraft Market to increase by USD 5.43 billion during 2022-2027; increasing requirement for clean and quiet aircraft to drive the growth - Technavio

Retrieved on: 
Monday, November 20, 2023
Aircraft, Elbit Systems, Agriculture, Organization, Flood, YOY, Airbus, Urban Aeronautics X-Hawk, CO2, Lilium GmbH, Lift, Geely, Nature, Embraer, USD, AC, Moog Inc., ARC, Growth, Volocopter, Textron, Passenger, Airline, Transport, Geography

NEW YORK, Nov. 20, 2023 /PRNewswire/ -- The EVTOL aircraft market size is expected to grow by USD 5.43 billion between 2022 and 2027.

Key Points: 
  • NEW YORK, Nov. 20, 2023 /PRNewswire/ -- The EVTOL aircraft market size is expected to grow by USD 5.43 billion between 2022 and 2027.
  • The increasing requirement for clean and quiet aircraft drives the growth of the market during the forecast period.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • The aircraft evacuation systems market size is expected to increase by USD 821.11 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.36%.