Freedom Air

SosTravel.com and Aviation Services Renewed the Agreement to Sell the Lost Luggage Concierge Service at Airports

Retrieved on: 
Thursday, March 21, 2024

SosTravel.com S.p.A., listed on the Italian Stock Exchange under the symbol SOS and in New York with the symbol SOSAF, and Aviation Services S.p.A., a leading company in Italy for ground handling services and assistance to passengers and airlines, announce the renewal of their agreement for the provision of the Lost Luggage Concierge (LLC) service at airports for five years.

Key Points: 
  • SosTravel.com S.p.A., listed on the Italian Stock Exchange under the symbol SOS and in New York with the symbol SOSAF, and Aviation Services S.p.A., a leading company in Italy for ground handling services and assistance to passengers and airlines, announce the renewal of their agreement for the provision of the Lost Luggage Concierge (LLC) service at airports for five years.
  • The LLC service is an exclusive service for searching, tracing, and returning lost luggage that includes active tracking after a report has been made.
  • The LLC service will be included for all clients at the airports where Aviation Services provides passenger assistance: Naples, Catania, Rome Fiumicino and Ciampino, Bologna, Venice, and Malta, who will be assisted by SosTravel.com in case of luggage loss, with tracking within 48 hours.
  • We are working with our partners to increase the number of airports offering the LLC service."

Archer and Falcon Aviation to Jointly Develop Vertiport Network in Dubai and Abu Dhabi for the Launch of Flying Car Operations in UAE as Soon as 2025

Retrieved on: 
Monday, March 11, 2024

Archer Aviation Inc. (NYSE: ACHR), a leader in electric flying cars, announced today that Falcon Aviation, a prominent Aviation Services Operator in the UAE, has been selected as their vertiport infrastructure partner for critical locations in Dubai and Abu Dhabi.

Key Points: 
  • Archer Aviation Inc. (NYSE: ACHR), a leader in electric flying cars, announced today that Falcon Aviation, a prominent Aviation Services Operator in the UAE, has been selected as their vertiport infrastructure partner for critical locations in Dubai and Abu Dhabi.
  • This collaboration marks a significant step towards launching Archer's Midnight flying car with Falcon Aviation in the UAE and across the MENA region as soon as 2025.
  • View the full release here: https://www.businesswire.com/news/home/20240311456137/en/
    Archer and Falcon Aviation will jointly develop a vertiport network in Dubai and Abu Dhabi, enabling flights between the two cities with Archer’s Midnight flying car while establishing a key operational development for Archer’s plans to launch across the Emirates in both cities as soon as 2025.
  • Today’s announcement reinforces the memorandum of understanding (MOU) signed last year, where Falcon Aviation agreed to operate scores of Archer’s Midnight flying cars.

Skidabrader Debuts Dedicated Aviation Division, Announcing John Hunter as Director of Aviation Services

Retrieved on: 
Tuesday, February 6, 2024

FORT WORTH, Texas, Feb. 6, 2024 /PRNewswire/ -- Skidabrader, a leading innovator in pavement maintenance, proudly announces the launch of its Aviation Division, dedicated to providing cost-effective solutions for runway friction recovery. John Hunter, a seasoned industry professional with more than 20 years' experience in airfield pavement maintenance, will lead the division as Director of Aviation Services.

Key Points: 
  • John Hunter, a seasoned industry professional with more than 20 years' experience in airfield pavement maintenance, will lead the division as Director of Aviation Services.
  • Hunter's extensive background encompasses sales, management, contracting, and manufacturing within the pavement maintenance industry.
  • "Airports are vital lifelines for civilian and military communities of all sizes, and our services directly relate to safety, the most important concept in aviation," commented John Hunter.
  • "John is broadly well-respected, and we're proud he's taking the helm to lead our team of industry experts."

TransMedics Completes Acquisition of Summit Aviation

Retrieved on: 
Wednesday, August 16, 2023

ANDOVER, Mass., Aug. 16, 2023 /PRNewswire/ -- TransMedics Group, Inc. ("TransMedics") (Nasdaq: TMDX), a medical technology company that is transforming organ transplant therapy for patients with end-stage lung, heart, and liver failure, announced today the closing of its previously announced acquisition of Summit Aviation, a premier U.S. charter flight operator.

Key Points: 
  • ANDOVER, Mass., Aug. 16, 2023 /PRNewswire/ -- TransMedics Group, Inc. ("TransMedics") (Nasdaq: TMDX), a medical technology company that is transforming organ transplant therapy for patients with end-stage lung, heart, and liver failure, announced today the closing of its previously announced acquisition of Summit Aviation, a premier U.S. charter flight operator.
  • The acquisition enables the establishment of TransMedics Aviation as the first integrated national provider of air logistics dedicated exclusively to organ transplantation in the U.S.
    "We are delighted to complete the acquisition of Summit Aviation, which represents a critical element of TransMedics' strategy to build and manage a national transplant logistics network designed to expand the reach and coverage of the National OCS Program (NOP)," said Waleed Hassanein, MD, President and Chief Executive Officer.
  • "I want to take this opportunity to welcome the Summit team to the TransMedics team.
  • I also want to welcome Ben Walton in his new role as our new VP of Aviation Services."

AAR reports record fourth quarter and fiscal year 2023 results

Retrieved on: 
Tuesday, July 18, 2023

Our adjusted diluted earnings per share from continuing operations in the fourth quarter of fiscal year 2023 were $0.83, compared to $0.72 in the fourth quarter of the prior year.

Key Points: 
  • Our adjusted diluted earnings per share from continuing operations in the fourth quarter of fiscal year 2023 were $0.83, compared to $0.72 in the fourth quarter of the prior year.
  • Gross profit margins were 19.5% in the current quarter, compared to 18.9% in the prior year quarter.
  • Holmes continued, “The sales growth combined with our actions to improve margins drove record earnings in the fourth quarter.
  • On Tuesday, July 18, 2023, at 3:45 p.m. Central time, AAR will hold a conference call to discuss the results.

Dauntless Air Enters 2023 Wildfire Season 17 Fire Bosses Strong; Completes Rigorous 2-Week Annual Training

Retrieved on: 
Monday, March 13, 2023

9 of Dauntless’ water-scooping planes were used during the company’s 2-week annual training, which concluded last week in Cleburne, Texas.

Key Points: 
  • 9 of Dauntless’ water-scooping planes were used during the company’s 2-week annual training, which concluded last week in Cleburne, Texas.
  • Dauntless pilots worked on radio communication skills with an Air Attack platform that flew above a target training area.
  • This year, Dauntless will support federal and state wildfire operations across the U.S. through exclusive use and call-when-needed contracts.
  • For more news and information on the 2023 wildfire season, follow Dauntless Air on Instagram , Facebook , LinkedIn and Twitter .

Congregation of the airport community at inter airport Southeast Asia 2023

Retrieved on: 
Thursday, March 2, 2023

The 8th edition inter airport Southeast Asia anticipates 4,000 airports, airlines, ground handlers, architects, designers, consultants, and many more to converge at the Marina Bay Sands and Convention Centre.

Key Points: 
  • The 8th edition inter airport Southeast Asia anticipates 4,000 airports, airlines, ground handlers, architects, designers, consultants, and many more to converge at the Marina Bay Sands and Convention Centre.
  • Returning after 4 years of hiatus, inter airport Southeast Asia presents a 3-day conference featuring 30 high-level representations from airports, business partners and from the aviation ecosystem.
  • "We are at a critical juncture in Asia with passenger traffic recovering rapidly and likely to reach a full recovery late this year or next year.
  • The remote-controlled aircraft tug will be on display at the Singapore Pavilion at IASEA 2023 for industry professionals to understand how it can benefit their airport operations.

AAR expands Ontic partnership, signing military customer support distribution contract extension and new long-term global commercial distribution agreement

Retrieved on: 
Thursday, December 15, 2022

Wood Dale, Illinois, Dec. 15, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has expanded its partnership with Ontic by signing a military customer support distribution contract extension and a new long-term global commercial distribution agreement.

Key Points: 
  • Wood Dale, Illinois, Dec. 15, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has expanded its partnership with Ontic by signing a military customer support distribution contract extension and a new long-term global commercial distribution agreement.
  • Under the military customer support distribution contract extension, AAR will continue to provide supply chain solutions, including warehousing, logistics, and supply chain management, for Ontic’s Cheltenham MRO.
  • AAR will also continue to deliver global distribution services, including sales and international government customer support of electronic assemblies, flight control units, gyroscopes, and altimeters, for military operators.
  • This new agreement increases AAR’s product offerings for commercial customers and provides Ontic’s customer base with lead time compression and elevated service levels.

AAR to announce second quarter fiscal year 2023 results on December 20, 2022

Retrieved on: 
Tuesday, December 6, 2022

On Tuesday, December 20, 2022, at 3:45 p.m. Central time, AAR will hold a conference call to discuss the results.

Key Points: 
  • On Tuesday, December 20, 2022, at 3:45 p.m. Central time, AAR will hold a conference call to discuss the results.
  • Once registered, participants will receive a dial-in number and a unique PIN that will allow them to access the call.
  • AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries.
  • Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services.

AAR earns 2023 Military Friendly® Employer designations

Retrieved on: 
Friday, November 11, 2022

Wood Dale, Illinois, Nov. 11, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it earned the 2023 Military Friendly Employer Gold designation and 2023 Military Friendly Spouse Employer designation.

Key Points: 
  • Wood Dale, Illinois, Nov. 11, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it earned the 2023 Military Friendly Employer Gold designation and 2023 Military Friendly Spouse Employer designation.
  • Institutions earning the Military Friendly Employer designations were evaluated using both public data sources and responses from a proprietary survey.
  • Companies earning the Military Friendly Employers designation elevate the standard for military programs globally; they have invested in substantive programs that promote positive outcomes for service members, military spouses, and veterans within their organizations, said Kayla Lopez, Director of Military Partnerships, Military Friendly.
  • AAR will be showcased as a 2023 Military Friendly Employer in the December issue of G.I.