CF34

Mesa Air Group Reports Fourth Quarter and Fiscal Full-Year 2022 Results

Retrieved on: 
Thursday, December 29, 2022
Adjustment, EST, CF34, GAAP, GE, Aircraft, PSP, United States Department of the Treasury, Export Development Canada, City, Growth, CIT, Maintenance, MESA, DHL, Aviation, American Airlines, Reinsurance, Airline, United, Bombardier Aviation, United Airlines

PHOENIX, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported fourth quarter and fiscal full-year 2022 financial and operating results.

Key Points: 
  • PHOENIX, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported fourth quarter and fiscal full-year 2022 financial and operating results.
  • For fiscal year 2022, total operating revenues were $531.0 million, an increase of $27.4 million (5.4%) from $503.6 million for fiscal year 2021.
  • Mesa’s fiscal year 2022 results include, per GAAP, the recognition of $10.4 million of previously deferred revenue, versus the deferral of $10.7 million of revenue in fiscal 2021.
  • Mesa’s Adjusted EBITDA1 for fiscal year 2022 was $66.6 million, compared to $150.0 million in fiscal year 2021, and Adjusted EBITDAR1 was $103.6 million for fiscal year 2022, compared to $189.3 million in fiscal year 2021.

GA Telesis Component Repair Group Announces New Main Engine Fuel Pump Capability

Retrieved on: 
Thursday, December 1, 2022
Other Manufacturing, Other Transport, Technology, Air, Aerospace, Transport, Manufacturing, Other Technology, GAT, MRO, Miami International Airport, V2500, CF34, Aircraft fuel system, Aviation, Ecosystem, CFM56, PW4000, Maintenance (technical)

GA Telesis ("GAT") , the pioneering leader in integrated aviation services, announces its MRO Services Component Repair Group has acquired new equipment that will allow it to introduce main engine fuel pump capabilities to its ecosystem.

Key Points: 
  • GA Telesis ("GAT") , the pioneering leader in integrated aviation services, announces its MRO Services Component Repair Group has acquired new equipment that will allow it to introduce main engine fuel pump capabilities to its ecosystem.
  • The repairs will be completed at its existing FAA/EASA/CAAC certified component repair facility at Miami International Airport.
  • This new capability is the first step in major fuel component repair.
  • "I am excited to be part of adding fuel repair and overhaul capabilities to the GA Telesis Ecosystem," said Mark Story, Director of Fuel Systems.

AAR enters exclusive distribution agreement with Arkwin Industries, supporting engine actuation and other commercial aviation products

Retrieved on: 
Tuesday, September 14, 2021
CFM56, Engineering, Micro Mobility Systems, Acosta Sales & Marketing, Oil additive, Maintenance (technical), Aviation, Original equipment manufacturer, Forward-looking statement, CF6, Company, Private Securities Litigation Reform Act, Freedom Air, NYSE, Annual report, Spacecraft, AIR, CF34, GLOBE, Indian MRO Industry, Solution, AAR, Air Force Expeditionary Service Ribbon, MRO, Airline, Risk management

The agreement covers Arkwins broad line of engine actuation and commercial aviation products for the commercial aviation aftermarket and is effective as of October 1, 2021.

Key Points: 
  • The agreement covers Arkwins broad line of engine actuation and commercial aviation products for the commercial aviation aftermarket and is effective as of October 1, 2021.
  • We are excited to partner with AAR as our new aftermarket partner for our commercial aviation business, said Kristian Norheim, Arkwin Vice President of Sales & Marketing.
  • This agreement provides meaningful growth to AARs OEM Solutions business and the CFM56, CF34, and CF6 products complement our existing engine offering.
  • Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services.