General Aviation Manufacturers Association

New 'Climbing. Fast.' Industry Advocacy Campaign Launched to Spotlight Business Aviation's Sustainability Leadership

Retrieved on: 
Tuesday, October 17, 2023

"Equally important, our industry has long made an ambitious commitment to sustainability, with measurable results.

Key Points: 
  • "Equally important, our industry has long made an ambitious commitment to sustainability, with measurable results.
  • initiative will take this message to policymakers, opinion leaders and other key audiences, informing perceptions about the industry's sustainability record and value."
  • "Business aviation is the technology incubator for the aviation industry, as we lead the way in advancing safety and sustainability," said General Aviation Manufacturers Association (GAMA) President and CEO, Pete Bunce.
  • "Our industry supports over 1.2 million total jobs and over $247 billion in total economic output in the United States.

Baxter Appoints William Ampofo to Its Board

Retrieved on: 
Thursday, June 29, 2023

Baxter International Inc. (NYSE:BAX), a global medtech leader, today announced it has appointed William A. Ampofo II, chair, Supply Chain Operations Council and vice president, Parts & Distribution Services and Supply Chain, Boeing Global Services, to its board of directors.

Key Points: 
  • Baxter International Inc. (NYSE:BAX), a global medtech leader, today announced it has appointed William A. Ampofo II, chair, Supply Chain Operations Council and vice president, Parts & Distribution Services and Supply Chain, Boeing Global Services, to its board of directors.
  • His appointment is effective today and brings the total number of directors serving the company to 11.
  • Mr. Ampofo earned a bachelor’s degree in finance from Adelphi University and a Master of Business Administration from George Washington University.
  • In addition, he is a past advisory board member for Howard University’s Center of Excellence in Supply Chain Management.

Building the Dream: New Survey Reveals Incredible Job Opportunities

Retrieved on: 
Saturday, May 20, 2023

LONG VALLEY, N.J., May 20, 2023 /PRNewswire-PRWeb/ -- A new survey conducted this spring highlights the advantages and opportunities that exist in a typically overlooked industry, manufacturing. Representatives from manufacturing companies throughout the United States drew back the curtain and gave a glimpse into everything from education requirements to typical starting salaries.

Key Points: 
  • LONG VALLEY, N.J., May 20, 2023 /PRNewswire-PRWeb/ -- A new survey conducted this spring highlights the advantages and opportunities that exist in a typically overlooked industry, manufacturing.
  • Recently, there have been massive layoffs in the tech and finance industries, leaving Americans shocked and in need of work.
  • To see the survey and more data, Aviate has designed this infographic which illustrates the information.
  • 93% of the manufacturers surveyed report growth, 91% are currently hiring and 22% have more than 10 current job openings.

Iveda Partners with Evergreen Aviation, Revolutionizing the Unmanned Aerial Vehicle Industry

Retrieved on: 
Tuesday, April 18, 2023

MESA, Ariz., April 18, 2023 (GLOBE NEWSWIRE) -- Iveda® (NASDAQ:IVDA), the global solution for cloud-based AI video and sensor technologies, today announces a partnership with aircraft maintenance solutions provider, Evergreen Aviation Technologies Corp. (EGAT) to bring cutting-edge Unmanned Aerial Vehicles (UAVs) to the global market. Through this collaboration, Iveda will also gain worldwide rights to promote and sell military grade drones that can fly at 10,000 to 30,000 feet, vastly expanding EGAT’s reach cross-border. 

Key Points: 
  • Through this collaboration, Iveda will also gain worldwide rights to promote and sell military grade drones that can fly at 10,000 to 30,000 feet, vastly expanding EGAT’s reach cross-border.
  • Leveraging each company’s technological developments, Iveda and EGAT together will provide governments and military groups around the world access to state-of-the-art smart drones, effectively enhancing surveillance capabilities.
  • “At Iveda, we’re always keeping our ears to the ground surrounding the latest needs of government groups and municipalities around the world,” said David Ly, Iveda CEO and founder.
  • Powered by AI technology, smart drones can send real-time alerts and detections to those monitoring for risks –– not just after the fact analysis.

Bombardier Updates 2025 Strategic Objectives to Reflect Strong Performance and Solid Business Fundamentals

Retrieved on: 
Thursday, March 23, 2023

Bombardier will continue to focus on strengthening its balance sheet, optimizing its liquidity requirements, and improving its leverage level.

Key Points: 
  • Bombardier will continue to focus on strengthening its balance sheet, optimizing its liquidity requirements, and improving its leverage level.
  • On the back of improved business fundamentals, Bombardier now expects to generate more than $900 million per year in free cash flow(2) by 2025.
  • With continued strong demand in the medium and large business jet categories, Bombardier is well positioned with its industry-leading Challenger and Global platforms.
  • In 2022, Bombardier strategically reinforced its specialized aircraft business by establishing Bombardier Defense in Wichita, KS.

Elliott Aviation Completes Acquisition of Four Points Aero Services

Retrieved on: 
Wednesday, August 3, 2022

Elliott Aviation ("Elliott"), a portfolio company of Summit Park, is pleased to announce that it has completed the acquisition of Four Points Aero Services (FPA or the Company), a full-service aircraft repair facility based in Dallas, Texas that provides full maintenance, repair, and overhaul services (MRO) and other MRO support services for a broad variety of corporate and general aviation aircraft.

Key Points: 
  • Elliott Aviation ("Elliott"), a portfolio company of Summit Park, is pleased to announce that it has completed the acquisition of Four Points Aero Services (FPA or the Company), a full-service aircraft repair facility based in Dallas, Texas that provides full maintenance, repair, and overhaul services (MRO) and other MRO support services for a broad variety of corporate and general aviation aircraft.
  • Elliott provides a diverse suite of services to the business aviation industry, including MRO, fixed base operations (FBO), and new and used aircraft sales and brokerage.
  • Greg Sahr, President of Elliott, said, It is a pleasure to welcome Four Points to the Elliott Aviation family.
  • Elliott Aviation has been developing and delivering aviation solutions to its partners for over 80 years.

The HondaJet is the Most Delivered Aircraft in its Class for the Fifth Consecutive Year

Retrieved on: 
Thursday, February 24, 2022

GREENSBORO, N.C., Feb 24, 2022 - (JCN Newswire) - Honda Aircraft Company announced today that in 2021, the HondaJet was the most delivered aircraft in its class for the fifth consecutive year, based on data provided by the General Aviation Manufacturers Association (GAMA).

Key Points: 
  • GREENSBORO, N.C., Feb 24, 2022 - (JCN Newswire) - Honda Aircraft Company announced today that in 2021, the HondaJet was the most delivered aircraft in its class for the fifth consecutive year, based on data provided by the General Aviation Manufacturers Association (GAMA).
  • During 2021, Honda Aircraft Company delivered 37 aircraft to customers globally.
  • Honda Aircraft Company celebrated several milestones recently, including delivery of the 200th HondaJet in late December.
  • Watch 2021 recap video here: https://youtu.be/eqtF8y59FVc
    The HondaJet Elite S is the fastest, farthest and highest-flying plane in its class.

The HondaJet is the Most Delivered Aircraft in its Class for the Fifth Consecutive Year

Retrieved on: 
Wednesday, February 23, 2022

GREENSBORO, N.C., Feb. 23, 2022 /PRNewswire/ -- Honda Aircraft Company announced today that in 2021, the HondaJet was the most delivered aircraft in its class for the fifth consecutive year, based on data provided by the General Aviation Manufacturers Association (GAMA).

Key Points: 
  • GREENSBORO, N.C., Feb. 23, 2022 /PRNewswire/ -- Honda Aircraft Company announced today that in 2021, the HondaJet was the most delivered aircraft in its class for the fifth consecutive year, based on data provided by the General Aviation Manufacturers Association (GAMA).
  • During 2021, Honda Aircraft Company delivered 37 aircraft to customers globally.
  • Honda Aircraft Company celebrated several milestones recently, including delivery of the 200th HondaJet in late December.
  • Watch 2021 recap video here: https://youtu.be/eqtF8y59FVc
    The HondaJet Elite S is the fastest, farthest and highest-flying plane in its class.

Aircraft Evacuation Market Revenue to Cross USD 1.5 Bn by 2027: Global Market Insights Inc.

Retrieved on: 
Wednesday, September 22, 2021

The evacuation seat held more than 15% of the aircraft evacuation market share in 2020.

Key Points: 
  • The evacuation seat held more than 15% of the aircraft evacuation market share in 2020.
  • The rotatory wing military helicopter in the aircraft evacuation market will witness a 4% growth rate through 2027.
  • The Asia Pacific aircraft evacuation market captured 15% of revenue share in 2020 and is estimated to attain a CAGR of 8% till 2027.
  • The major companies operating in the aircraft evacuation market include UTC Aerospace, Zodiac Aerospace, NPP Zvezda, EAM Worldwide, DART Aerospace, Switlik, Trelleborg, Survitec Group, and Martin Baker.

Global Aviation Fixed-Base Operator Market Forecast to 2028 - COVID-19 Impact and Analysis by Services Offered - Hangaring, Fuelling, Flight Training, Aircraft Maintenance, and Aircraft Rental - ResearchAndMarkets.com

Retrieved on: 
Friday, August 27, 2021

Fixed-Base Operator Market is expected to reach US$ 35,497.00 million by 2028, registering a CAGR of 6.0% during 2021-2028.

Key Points: 
  • Fixed-Base Operator Market is expected to reach US$ 35,497.00 million by 2028, registering a CAGR of 6.0% during 2021-2028.
  • Thus, the growth of the business aviation sector due to rising demand for business jets is bolstering the fixed-base operator market growth.
  • Based on service offered, the fixed-base operator market can be segmented into hangaring, Fuelling, flight instructions, aircraft maintenance, and aircraft rental.
  • For instance, Jet Aviation (subsidiary of General Dynamics), provides fuelling services to corporate, by following the ISAGO rules set for airport operations.