Pilatus

Bridger Aerospace Announces Earliest Fire Season Dispatch in Company History

Retrieved on: 
Tuesday, February 20, 2024

BELGRADE, Mont., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, today announced the deployment of a Pilatus PC-12 Multi-Mission Aircraft (MMA) to Oklahoma to provide aerial intelligence for early-season wildfires.

Key Points: 
  • BELGRADE, Mont., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, today announced the deployment of a Pilatus PC-12 Multi-Mission Aircraft (MMA) to Oklahoma to provide aerial intelligence for early-season wildfires.
  • This marks the earliest seasonal deployment of any Bridger Aircraft since the company’s inception in 2014.
  • Bridger Aerospace operates two Multi-Mission Aircraft under a 5-year contract with the Department of the Interior (DOI) and Bureau of Indian Affairs (BIA), initiated during the 2023 fire season to leverage the architecture of Bridger’s proprietary data platform and leading-edge sensor and mapping capabilities.
  • Tim Sheehy, Chief Executive Officer of the Company, commented, “Team Bridger is always ready to respond when called upon to protect our communities.

PlaneSmart! Aviation Introduces the Pilatus PC-12 NG for its Expanding Corporate Shuttle Service

Retrieved on: 
Friday, April 28, 2023

Aviation, a leader in providing innovative air transportation solutions, is proud to announce the integration of the Pilatus PC-12 NG into its growing corporate shuttle service alongside its light and mid jet options.

Key Points: 
  • Aviation, a leader in providing innovative air transportation solutions, is proud to announce the integration of the Pilatus PC-12 NG into its growing corporate shuttle service alongside its light and mid jet options.
  • As the premier choice for business travel, the PC-12 NG combines versatility, efficiency, comfort, and performance, making it an ideal aircraft for today's fast-paced corporate world.
  • The Pilatus PC-12 NG offers unparalleled access to smaller airports with its ability to operate on short and unimproved runways.
  • "We're thrilled to offer our clients the exceptional experience of flying in the Pilatus PC-12 NG as part of our corporate shuttle service," said Michael Brosler, CEO at PlaneSmart!

Top Trends in Fractional Jet Ownership for 2023

Retrieved on: 
Tuesday, March 14, 2023

As more private and corporate owners show interest in the fractional space, the needs of fractional owners are diversifying and the variety of opportunities is growing.

Key Points: 
  • As more private and corporate owners show interest in the fractional space, the needs of fractional owners are diversifying and the variety of opportunities is growing.
  • However, the addition of hundreds of aircraft to fractional fleets in the U.S. will put more fractional owners into their aircraft in 2023.
  • Customers who in the past shied away from ownership – whether full or fractional – due to environmental concerns may be at least partially swayed in 2023 and beyond.
  • Fractional is expected to secure business from these trends, as it remains more cost-effective than full ownership," he says.

Innovative Solutions & Support, Inc. Announces First Quarter Fiscal 2023 Financial Results

Retrieved on: 
Tuesday, February 14, 2023

Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) today announced its financial results for the first quarter of fiscal year 2023, which ended December 31, 2022.

Key Points: 
  • Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) today announced its financial results for the first quarter of fiscal year 2023, which ended December 31, 2022.
  • For the first quarter of fiscal 2023, net sales were $6.5 million compared to $6.7 million in the first quarter a year ago.
  • Gross profit in the first quarter of 2023 was $3.7 million compared to $4.0 million in the first quarter of 2022.
  • Tax expense in the first quarter of fiscal 2023 was $0.2 million, compared to $0.3 million in the first quarter of fiscal 2022.

Global Aircraft Battery Charging and Testing Market Report to 2030 - Featuring Blue Skies Aviation, Saft, Enersys and GS Yuasa Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 31, 2023

The "Aircraft Battery Charging and Testing Market, By Aircraft Type, By Battery Type, By Battery Testing Type and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Aircraft Battery Charging and Testing Market, By Aircraft Type, By Battery Type, By Battery Testing Type and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
  • The demand for aircraft in various sectors and their development for proper functioning drives the aircraft battery charging and testing market.
  • Military aircraft with high-quality features, especially good battery life, the Market Outlook will help the market to propel its business.
  • The usage of unmanned aerial vehicle (UAVs) for commercial, civil, and military purposes is even driving the aircraft battery charging and testing market.

KinectAir Launches Corporate Accounts as On-Demand, Point-to-Point Air Travel Contributes Positively to Business Efficiency

Retrieved on: 
Wednesday, November 30, 2022

With this success has come demand from businesses operating in the Pacific Northwest to leverage KinectAirs point-to-point air travel solution to increase their own operating efficiency and receive the benefits of pre-payment for corporate travel.

Key Points: 
  • With this success has come demand from businesses operating in the Pacific Northwest to leverage KinectAirs point-to-point air travel solution to increase their own operating efficiency and receive the benefits of pre-payment for corporate travel.
  • By offering a pre-paid corporate product, KinectAir benefits corporations managing their travel expenses and budgets heading into 2023.
  • View the full release here: https://www.businesswire.com/news/home/20221130005450/en/
    KinectAir Launches Corporate Accounts as On-Demand, Point-to-Point Air Travel Contributes Positively to Business Efficiency (Photo: Business Wire)
    Before launching commercial operations in May 2022, KinectAir offered a preview app to allow people to understand local airport accessibility and price point for on-demand journeys.
  • For businesses, KinectAir is increasingly able to beat commercial air travel when you consider cost and billable hours spent traveling inefficiently.

Innovative Solutions & Support, Inc. Announces Significant Increase in Second Quarter Fiscal 2022 Revenues and Earnings

Retrieved on: 
Wednesday, May 11, 2022

Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the second quarter and first six months of fiscal year 2022, which ended March 31, 2022.

Key Points: 
  • Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the second quarter and first six months of fiscal year 2022, which ended March 31, 2022.
  • For the second quarter of fiscal 2022, the Company reported net sales of $6.8 million, up 34% as compared to $5.1 million in the second quarter a year ago.
  • The Company reported a 135% increase in net income to $1.4 million, or $0.08 per share, compared to the second quarter of fiscal 2021.
  • New orders in the second quarter of fiscal 2022 were approximately $8.2 million and backlog as of March 31, 2022, was $7.5 million.

Skyryse and Air Methods Partner to Enhance Safety by Helping Pilots Focus on their Life-Saving Mission

Retrieved on: 
Thursday, April 28, 2022

LOS ANGELES, April 28, 2022 /PRNewswire/ -- Skyryse, a transportation technology company, and Air Methods, the leading American air medical transport company, today announced a partnership to retrofit more than 400 single-engine helicopters and fixed-wing aircraft in the Air Methods fleet with FlightOS, a shared mission to advance further safety measures to protect pilots and patients. The new Skyryse FlightOS hardware and software stack replaces overly complex and manual flight control systems, allowing pilots to control helicopters and fixed-wing aircraft with a far simpler and safer control interface. Air Methods has also invested $5 million into Skyryse Series B, bringing the total raised to $205 million, further backing the LA-based company's automation hardware and software.

Key Points: 
  • Air Methods has also invested $5 million into Skyryse Series B, bringing the total raised to $205 million, further backing the LA-based company's automation hardware and software.
  • Skyryse will retrofit more than 400 single-engine helicopters and fixed-wing aircraft in the Air Methods fleet.
  • Air Methods will use the Skyryse technology to elevate air crews' ability to safely perform their core function of providing immediate, critical care where it is needed most.
  • The Air Methods partnership highlights the value of our technologies interoperability and safety across all types of aircraft."

Skyryse and Air Methods Partner to Enhance Safety by Helping Pilots Focus on their Life-Saving Mission

Retrieved on: 
Thursday, April 28, 2022

LOS ANGELES, April 28, 2022 /PRNewswire/ -- Skyryse, a transportation technology company, and Air Methods, the leading American air medical transport company, today announced a partnership to retrofit more than 400 single-engine helicopters and fixed-wing aircraft in the Air Methods fleet with FlightOS, a shared mission to advance further safety measures to protect pilots and patients. The new Skyryse FlightOS hardware and software stack replaces overly complex and manual flight control systems, allowing pilots to control helicopters and fixed-wing aircraft with a far simpler and safer control interface. Air Methods has also invested $5 million into Skyryse Series B, bringing the total raised to $205 million, further backing the LA-based company's automation hardware and software.

Key Points: 
  • LOS ANGELES, April 28, 2022 /PRNewswire/ -- Skyryse , a transportation technology company, and Air Methods , the leading American air medical transport company, today announced a partnership to retrofit more than 400 single-engine helicopters and fixed-wing aircraft in the Air Methods fleet with FlightOS, a shared mission to advance further safety measures to protect pilots and patients.
  • Air Methods has also invested $5 million into Skyryse Series B, bringing the total raised to $205 million, further backing the LA-based company's automation hardware and software.
  • Air Methods will use the Skyryse technology to elevate air crews' ability to safely perform their core function of providing immediate, critical care where it is needed most.
  • The Air Methods partnership highlights the value of our technologies interoperability and safety across all types of aircraft."

Innovative Solutions & Support, Inc. Announces Significant Increase in First Quarter Fiscal 2022 Revenues and Earnings

Retrieved on: 
Wednesday, February 9, 2022

Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the first quarter of fiscal year 2022, which ended December 31, 2021.

Key Points: 
  • Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the first quarter of fiscal year 2022, which ended December 31, 2021.
  • For the first quarter of fiscal 2022, the Company reported net sales of $6.7 million, up 38% as compared to $4.9 million in the first quarter a year ago.
  • The Company reported a 372% increase in net income to $1.1 million, or $0.07 per share, compared the first quarter of fiscal 2021.
  • New orders in the first quarter of fiscal 2022 were approximately $3.8 million and backlog as of December 31, 2021, was $6.2 million.