Air

Boston Omaha Corporation Announces Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 27, 2024

Marketable equity securities excludes Sky Harbour Group Corporation (“Sky Harbour”) Class A common stock as we account for our 19.8% stake (as measured at December 31, 2023) under the equity method.

Key Points: 
  • Marketable equity securities excludes Sky Harbour Group Corporation (“Sky Harbour”) Class A common stock as we account for our 19.8% stake (as measured at December 31, 2023) under the equity method.
  • Cash inflow from operations for the year ended December 31, 2023 was $16,059,125, compared to a cash outflow of ($5,165,165) for the year ended December 31, 2022.
  • Our book value per share was $17.19 at December 31, 2023, compared to $17.05 at December 31, 2022.
  • As of December 31, 2023, we had 30,255,739 shares of Class A common stock and 1,055,560 shares of Class B common stock issued and outstanding.

Sky Harbour Group Corporation Announces its 2023 Financial Results; Updates on New Ground Leases, Construction and Hangar Leasing; Injects Equity into Obligated Group and Files Various Registration Statements with SEC

Retrieved on: 
Wednesday, March 27, 2024

New ground lease at SJC, encompassing an existing hangar facility to be made operational over the coming several weeks, and land for additional future development.

Key Points: 
  • New ground lease at SJC, encompassing an existing hangar facility to be made operational over the coming several weeks, and land for additional future development.
  • New ground lease at ORL, with expected construction commencement in Q2 2025.
  • Construction of Phases 1 in Denver, Phoenix, and Dallas delayed by 3-4 months, with an estimated $26 - $28 million non-recurring remediation cost.
  • We are now gearing up to perform at scale.”
    Sky Harbour will host a live conference call and concurrent webcast at 5 p.m.

Regula and RADEX BCMS Collaborate to Enhance Caribbean Border Control with Swift Identity Verification

Retrieved on: 
Wednesday, March 27, 2024

RADEX BCMS has successfully developed and integrated an effective border management solution in Aruba.

Key Points: 
  • RADEX BCMS has successfully developed and integrated an effective border management solution in Aruba.
  • To improve the workflow of their border control management system, RADEX BCMS substituted the previous devices with Regula flagship document readers.
  • By leveraging the advanced technologies provided by Regula & RADEX BCMS, the Aruban authorities have succeeded in decreasing document verification time at border crossings by an impressive 300%.
  • We are looking forward to extending our partnership and growing new experience with Regula,” says Frank Baks, Director at RADEX BCMS.

Air Industries Group To Preliminary Report Q4 and FY 2023 Results on April 1, 2024 and Schedules Earnings Conference Call

Retrieved on: 
Wednesday, March 27, 2024

Air Industries Group (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it plans to release its preliminary Q4 fiscal and full-year 2023 results after the market closes on Monday, April 1, 2024.

Key Points: 
  • Air Industries Group (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it plans to release its preliminary Q4 fiscal and full-year 2023 results after the market closes on Monday, April 1, 2024.
  • At 4:30 ET that day, the Company will also host a conference call to discuss its results and 2024 Business Outlook.
  • Individuals can access the call by dialing 877-524-8416.
  • An audio replay of the call will be available on the Company’s investor relations website shortly thereafter.

Commercial Avionics Market Poised for Robust Growth; Expected to Surpass US$34.3 Billion in 2024 - Global Forecast to 2034 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 26, 2024

The global commercial avionics market is gearing up for a period of vigorous growth, with a recent market analysis forecasting a significant surge in revenue from 2024 to 2034.

Key Points: 
  • The global commercial avionics market is gearing up for a period of vigorous growth, with a recent market analysis forecasting a significant surge in revenue from 2024 to 2034.
  • According to the analysis, the industry's valuation will excel beyond US$34.3 billion in the year 2024, signaling a powerful upward trajectory for the decade to follow.
  • This expansive report unveils in-depth insights into the prevailing trends, growth drivers, and market dynamics that are set to redefine the commercial avionics sector.
  • The comprehensive study highlights several factors contributing to the growth of the commercial avionics market.

Robinson Helicopter Company Takes You Down Under to Australia's Food Bowl in New "Climb Higher" Episode

Retrieved on: 
Tuesday, March 26, 2024

Robinson Helicopter Company (RHC), the world's leading manufacturer of civil helicopters, unveils the latest episode in its "Climb Higher" video series.

Key Points: 
  • Robinson Helicopter Company (RHC), the world's leading manufacturer of civil helicopters, unveils the latest episode in its "Climb Higher" video series.
  • This series explores the diverse missions Robinson helicopters tackle worldwide, highlighting their vital role in various demanding applications.
  • Here, Robinson helicopters are an indispensable tool for Riverina Helicopters , a company known for its agricultural operations and tourism expertise.
  • "Climb Higher: Australia’s Food Bowl" showcases the critical role Robinson helicopters play in the region's success.

Sky Harbour to Report 2023 Full Year Results and Host Webcast Investor Call Tomorrow, March 27, 2024

Retrieved on: 
Tuesday, March 26, 2024

On the call, Sky Harbour will review the financial results and provide a general business update.

Key Points: 
  • On the call, Sky Harbour will review the financial results and provide a general business update.
  • A question-and-answer session with Sky Harbour leadership will follow.
  • The webcast will be publicly available in the UPCOMING EVENTS section of the company investor relations website, ir.skyharbour.group .
  • To join the webcast, please use the following link:
    For audio-only conference call, please use the following participant details:
    If you have any questions or are interested in connecting with Sky Harbour leadership, please contact Investor Relations at [email protected] .

India Aviation Sector Assessment 2024 Featuring Indigo, Jet Airways, GoAir, SpiceJet, and Air India - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 26, 2024

The "Assessment of India's Aviation Sector 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Assessment of India's Aviation Sector 2024" report has been added to ResearchAndMarkets.com's offering.
  • As we embark on the year 2024, the aviation sector stands at a pivotal juncture, marked by rapid innovation and evolving market dynamics.
  • Throughout 2023, IndiGo transported 56.2% of India's air travellers, whereas Air India accounted for 25.1%.
  • Indian airlines collectively maintained a 44.3% market share for international flights during April-September 2023, a notable increase from 35.4% in 2019.

Barclays and Breeze Airways Unveil the Breeze Easy Visa Signature Co-Branded Credit Card

Retrieved on: 
Tuesday, March 26, 2024

Breeze Airways and Barclays US Consumer Bank today announced the debut of the Breeze Easy™ Visa Signature® credit card.

Key Points: 
  • Breeze Airways and Barclays US Consumer Bank today announced the debut of the Breeze Easy™ Visa Signature® credit card.
  • “Combined with Barclays’ trusted track record with major travel brands, I’m confident the Breeze Easy Visa will be THE airline card of choice for Breeze guests and frequent travelers.”
    The Breeze Easy Visa Signature card is a partnership between Breeze Airways, one of the nation’s newest point-to-point airlines, Barclays, a leading co-branded credit card issuer, along with Visa, a world leader in digital payments.
  • Barclays is a leading co-branded credit card issuer and financial services partner in the United States, with more than 20 co-branded credit card programs, online savings accounts and personal loans.
  • “In fact, by doubling the BreezePoints earned for all Breeze purchases, we can confidently say the Breeze Easy Visa makes buying and flying with Breeze ‘Twice as Nice!”
    The Breeze Easy Visa Signature card benefits include:
    50,000 BreezePoints as an introductory sign-up bonus after spending $2,000 in the first 90 days of account opening.

Volato Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, March 26, 2024

Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”), a leading private aviation company and the largest HondaJet operator in the United States, today announced results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”), a leading private aviation company and the largest HondaJet operator in the United States, today announced results for the fourth quarter and full year ended December 31, 2023.
  • Please refer to the tables and related notes in this press release for a reconciliation and definition of non-GAAP financial measures.
  • Matt Liotta, Co-Founder and Chief Executive Officer of Volato, commented, “2023 marked a successful year of executing on our strategic priorities, scaling our fleet, expanding market share, and continuing to demonstrate Volato’s exceptional value to customers.
  • “Industry factors beyond our control – specifically aircraft delivery delays – put downward pressure on topline revenue in 2023.