787

Gentex Reports Third Quarter 2022 Financial Results

Retrieved on: 
Friday, October 28, 2022

Net sales of $493.6 million, a 24% increase compared to the third quarter of 2021

Key Points: 
  • Net sales of $493.6 million, a 24% increase compared to the third quarter of 2021
    For the third quarter of 2022, the Company reported net sales of $493.6 million, compared to net sales of $399.6 million in the third quarter of 2021, a 24% increase quarter over quarter.
  • Fire protection sales increased by 78% for the third quarter of 2022, compared to the third quarter of 2021.
  • Dimmable aircraft window sales decreased by 7% for the third quarter of 2022, compared to the third quarter of 2021.
  • Fourth quarter 2022 and calendar years 2022 and 2023 forecasted vehicle production volumes from S&P Global Mobility are shown below:

Air Lease Corporation Announces Lease Placement of Five New Airbus A321-200 XLR Aircraft with LATAM Airlines

Retrieved on: 
Thursday, October 13, 2022

Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for five new long-range Airbus A321-200 XLR aircraft with LATAM Airlines.

Key Points: 
  • Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for five new long-range Airbus A321-200 XLR aircraft with LATAM Airlines.
  • The aircraft are scheduled to deliver to LATAM starting in fall 2025 through 2026 from ALCs order book with Airbus.
  • We are pleased to announce this lease placement for five new long-range Airbus A321-200 XLRs with our airline customer based in Chile, LATAM Airlines, and be the first to introduce the XLR to the airline, said Steven Udvar-Hzy, Executive Chairman of Air Lease Corporation.
  • About Air Lease Corporation (NYSE: AL)
    Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.

Morocco's Royal Air Maroc Selects Uplift as Pay Over Time Solution

Retrieved on: 
Tuesday, October 4, 2022

SUNNYVALE, Calif., Oct. 4, 2022 /PRNewswire/ -- Uplift, the leading enterprise Buy Now Pay Later (BNPL) solution serving the world's top travel and retail brands announced an exclusive partnership with Royal Air Maroc for U.S. and Canadian customers. Passengers booking flights on Royal Air Maroc can now spread the cost of their travel over time with simple, affordable monthly installments through Uplift. 

Key Points: 
  • Passengers booking flights on Royal Air Maroc can now spread the cost of their travel over time with simple, affordable monthly installments through Uplift.
  • Since its creation in 1957, Royal Air Maroc is the leading airline in Africa and the national air carrier of Morocco.
  • Serving more than 80 destinations in 41 territories and 7 million passengers, Royal Air Maroc has positioned Casablanca as an essential location for African air connections worldwide.
  • Available now, Royal Air Maroc passengers can make their getaway dreams a reality by utilizing Uplift's pay over time monthly installments, rather than paying in full at booking.

AEROMEXICO INCREASES FLIGHTS FROM MADRID TO GUADALAJARA AND MONTERREY FOR THE UPCOMING WINTER SEASON

Retrieved on: 
Friday, August 12, 2022

The company will increase from three to five weekly frequencies to Guadalajara and Monterrey from Madrid.

Key Points: 
  • The company will increase from three to five weekly frequencies to Guadalajara and Monterrey from Madrid.
  • Mexico City, August 12, 2022.- Aeromexico will increase frequencies on the Madrid Monterrey, and Madrid - Guadalajara routes during the high winter season.
  • Weekly flights on both routes will increase from three to five and will be effective from December 12, 2022, to January 15, 2023.
  • The routes to Guadalajara and Monterrey were inaugurated in December 2021 and were added to the existing offer to Mexico City.

Aeromexico Selects Pricefx to Enhance Sales Analytics Capabilities and Drive Additional Value from their Travel Agency Channel

Retrieved on: 
Thursday, August 11, 2022

Pricefx , the global leader in cloud-native pricing software, today announced that Aeromexico , Mexicos global airline and a leader in Latin American aviation, has selected Pricefx to help enhance its travel agency business analytics.

Key Points: 
  • Pricefx , the global leader in cloud-native pricing software, today announced that Aeromexico , Mexicos global airline and a leader in Latin American aviation, has selected Pricefx to help enhance its travel agency business analytics.
  • We are excited to partner with Pricefx on the development of a new sales analytics product for the airline industry, driving value in our critical travel agency segment.
  • With Pricefx, airlines can leverage technology to track return on investment from travel agency commission payments in a meaningful way.
  • With Pricefx, Aeromexico will have best-in-class AI and analytics to improve its agency performance.

Gentex Reports Second Quarter 2022 Financial Results

Retrieved on: 
Friday, July 22, 2022

Net sales of $463.4 million, an 8% increase compared to the second quarter of 2021

Key Points: 
  • Net sales of $463.4 million, an 8% increase compared to the second quarter of 2021
    2 New Nameplate Launches for FDM, bringing total nameplates currently shipping to 72
    For the second quarter of 2022, the Company reported net sales of $463.4 million, compared to net sales of $428.0 million in the second quarter of 2021, an 8% increase quarter over quarter.
  • For the second quarter of 2022, the gross margin was 32.0%, compared to a gross margin of 35.4% for the second quarter of 2021.
  • Fire protection sales increased by 53% for the second quarter of 2022, compared to the second quarter of 2021.
  • Dimmable aircraft window sales decreased by 22% for the second quarter of 2022, compared to the second quarter of 2021.

Moog Inc. and TRIUMPH Enter Into MRO Agreement

Retrieved on: 
Tuesday, July 19, 2022

The agreement to service TRIUMPHs products within the Moog Total Support Program will further expand Moogs capabilities, providing a higher level of support to airline customers with the backing of the OEM for technical support.

Key Points: 
  • The agreement to service TRIUMPHs products within the Moog Total Support Program will further expand Moogs capabilities, providing a higher level of support to airline customers with the backing of the OEM for technical support.
  • The addition of TRIUMPH products into this program provides a broader integrated service to 787 operators with seamless OEM support.
  • Moog is excited to collaborate with TRIUMPH as we continue to expand our service offerings.
  • TRIUMPH, headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs, and overhauls a broad portfolio of aerospace and defense systems and components.

Grupo Aeroméxico summons its shareholders to discuss the cancellation of registry and delisting of its shares from the Securities Exchange Market

Retrieved on: 
Friday, June 10, 2022

About Grupo Aeromxico Grupo Aeromxico, S.A.B.

Key Points: 
  • About Grupo Aeromxico Grupo Aeromxico, S.A.B.
  • de C.V., is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs.
  • Aeromxico, Mexico's global airline, has its main hub at Terminal 2 of Mexico City's International Airport.
  • Aeromxico created and implemented a Health and Hygiene Management System (HMSH) to protect its customers and employees at all stages of its operation.

Air Lease Corporation Announces Lease Placement of Three New Airbus A321neo Aircraft with LATAM Airlines

Retrieved on: 
Wednesday, June 1, 2022

Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for three new Airbus A321neo aircraft with LATAM Airlines.

Key Points: 
  • Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for three new Airbus A321neo aircraft with LATAM Airlines.
  • The aircraft are scheduled to deliver to LATAM in summer and fall of 2023 from ALCs orderbook with Airbus.
  • We are pleased to announce the long-term leases of three new Airbus A321neo aircraft to the largest airline in South America: LATAM Airlines, said Steven Udvar-Hzy, Executive Chairman of Air Lease Corporation.
  • About Air Lease Corporation (NYSE: AL)
    ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.

Global Aerospace Materials Market Research/Analysis Report 2022 Featuring Aleris, Arconic, ATI Metals, Constellium SE, Kaiser Aluminum, Kobe Steel, Rio Tinto, Solvay, Teijin, & Toray Industries - ResearchAndMarkets.com

Retrieved on: 
Friday, May 6, 2022

Composites Make Up for About Half of Total Weight of Modern Aircraft: Percentage Breakdown of Structural Weight Composition by Material for Airbus 350XWB and Boeing 787

Key Points: 
  • Composites Make Up for About Half of Total Weight of Modern Aircraft: Percentage Breakdown of Structural Weight Composition by Material for Airbus 350XWB and Boeing 787
    ICAO Seeks to Reduce Aircraft Energy Intensity: Energy Intensity of International Aviation Industry (in MJ/RTK Equivalent) for 2010-2030