Aviation

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.

My Freighter Leases Third 767 from ATSG

Retrieved on: 
Monday, March 25, 2024

Air Transport Services Group, Inc. (NASDAQ: ATSG) announced today that it has delivered a newly converted Boeing 767-300 freighter to My Freighter Cargo Airlines of Tashkent, Uzbekistan.

Key Points: 
  • Air Transport Services Group, Inc. (NASDAQ: ATSG) announced today that it has delivered a newly converted Boeing 767-300 freighter to My Freighter Cargo Airlines of Tashkent, Uzbekistan.
  • This delivery marks ATSG’s fourth newly converted Boeing 767-300 dry-lease delivery this year, as outlined in its fourth quarter investor release on February 26, 2024.
  • “Our expanding relationship with My Freighter exemplifies the tangible value of our Lease+Plus strategy,” said Paul Chase, chief commercial officer of ATSG.
  • ATSG's freighter offering, including the Airbus A321 and A330 freighters, is poised to meet increased capacity growth demands in these growing global markets.

United States Robotics Integration for the Manufacturing Market Research 2024-2029: Burgeoning Opportunities in the Rise of Robots-as-a-Service (RaaS) - ResearchAndMarkets.com

Retrieved on: 
Monday, March 25, 2024

The "U.S. Robotics Integration for the Manufacturing Market - Analysis and Forecast, 2024-2029: Focus on Market, Applications and Technologies" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "U.S. Robotics Integration for the Manufacturing Market - Analysis and Forecast, 2024-2029: Focus on Market, Applications and Technologies" report has been added to ResearchAndMarkets.com's offering.
  • The integration of robotics is reshaping various sectors, including manufacturing, healthcare, and service industries, by enhancing efficiency, productivity, and safety.
  • For instance, the Advanced Robotics for Manufacturing (ARM) Institute reflects a concerted effort to fortify the country's global leadership in this domain.
  • In 2022, the U.S. robotics integration for the manufacturing market was dominated by established players, accounting for 90% of the market share, whereas start-ups managed to capture 10% of the market.

Global Green Hydrogen Market Outlook & Forecast 2024-2029, Featuring Key Player Profiles of Nel, ITM Power, ENGIE, Siemens Energy and Air Products and Chemicals - ResearchAndMarkets.com

Retrieved on: 
Monday, March 25, 2024

The global green hydrogen market is expected to grow at a CAGR of 53.53% from 2023 to 2029, reaching USD 84.03 Billion by 2029.

Key Points: 
  • The global green hydrogen market is expected to grow at a CAGR of 53.53% from 2023 to 2029, reaching USD 84.03 Billion by 2029.
  • Presently, the European region stands out as a leader in implementing green hydrogen commercialization plants and supports the growth of the green hydrogen market.
  • The global green hydrogen market is marked by a diverse competitive landscape, encompassing various technologies and players across different segments.
  • Several companies actively contribute to the industry's development, with competition arising from traditional hydrogen production methods, green hydrogen technology providers, and companies selling green hydrogen as an end product.

AstroNova Reports Fiscal 2024 Fourth-Quarter and Full-Year Financial Results

Retrieved on: 
Friday, March 22, 2024

Further adjusted to exclude restructuring and retrofit-related items, Adjusted EBITDA was $17.6 million in fiscal 2024 compared with $11.0 million in fiscal 2023.

Key Points: 
  • Further adjusted to exclude restructuring and retrofit-related items, Adjusted EBITDA was $17.6 million in fiscal 2024 compared with $11.0 million in fiscal 2023.
  • Bookings were $143.7 million in fiscal 2024, compared with $138.6 million in fiscal 2023.
  • Product Identification (PI) segment revenue was $26.6 million in the fourth quarter of fiscal 2024, compared with $28.1 million in the fiscal 2023 fourth quarter.
  • AstroNova will discuss its fourth-quarter and full-year fiscal 2024 financial results and business outlook in an investor conference call at 9:00 a.m.

Mobix Labs Secures Orders for Connectors into 2026 for Gulfstream Jets

Retrieved on: 
Thursday, March 21, 2024

“We are honored to be supplying parts for Gulfstream -- a leader in business jets and an iconic brand that's synonymous with technological innovation in aviation. These orders are a testament to the trust, quality and durability of our next-generation technology,” said Mobix Labs’ CEO Fabian Battaglia. “We look forward to continuing to work together to help Gulfstream maintain its reputation for excellence.”

Key Points: 
  • Mobix Labs is the sole source of these critical parts for Gulfstream and currently has orders into 2026, with consistent monthly deliveries.
  • The connectors, which were developed in conjunction with Gulfstream engineers, use Mobix Lab’s proprietary Flex Filter insert technology in addition to other filtering methods.
  • The connectors currently installed in Gulfstream aircraft have logged over five million flight miles with zero failures.
  • These orders are a testament to the trust, quality and durability of our next-generation technology,” said Mobix Labs’ CEO Fabian Battaglia.

Reliable Robotics Selected for U.S. Air Force Funding Program

Retrieved on: 
Thursday, March 21, 2024

Reliable Robotics , a leader in autonomous aircraft systems, today announced it was approved to participate in the 2024 AFWERX Tactical Funding Increase (TACFI) program for the United States Department of the Air Force (USAF).

Key Points: 
  • Reliable Robotics , a leader in autonomous aircraft systems, today announced it was approved to participate in the 2024 AFWERX Tactical Funding Increase (TACFI) program for the United States Department of the Air Force (USAF).
  • TACFI is designed to “bridge the capability gap” between current Small Business Innovation Research (SBIR) efforts to facilitate the delivery of strategic capabilities for the Department of the Air Force.
  • Reliable was competitively chosen for award from a large list of providers during the funding evaluation.
  • With FAA approval, Reliable Robotics demonstrated operation of two different aircraft types in civilian airspace with no pilot onboard in 2019 and 2023 .

Next Wave Energy Partners Announces Commercial Operations of Innovative Ethylene-to-Alkylate Production Facility

Retrieved on: 
Wednesday, March 20, 2024

Next Wave Energy Partners, LP (“Next Wave”), a portfolio company of Energy Capital Partners (ECP), today announced that its alkylate production facility, known as Project Traveler and located adjacent to the Houston Ship Channel in Pasadena, Texas, has achieved commercial operations.

Key Points: 
  • Next Wave Energy Partners, LP (“Next Wave”), a portfolio company of Energy Capital Partners (ECP), today announced that its alkylate production facility, known as Project Traveler and located adjacent to the Houston Ship Channel in Pasadena, Texas, has achieved commercial operations.
  • “We are extremely pleased that this innovative facility is now producing what we believe to be the world’s highest quality alkylate product,” said Next Wave Executive Chairman Patrick Diamond.
  • “ECP is proud to have partnered with Next Wave, a company that has been at the forefront of the U.S. energy revolution.
  • “By converting natural gas liquids and their derivatives into higher-value, fuel-efficient products, Next Wave has created a win-win scenario for feedstock suppliers and alkylate customers.”

Veryon's AI-powered Diagnostics solution wins Excellence in Artificial Intelligence Award

Retrieved on: 
Wednesday, March 20, 2024

Veryon , a leading provider of information services and software solutions for the aviation industry, recently announced its Veryon Diagnostics solution has been named a winner in the Artificial Intelligence Excellence Awards program presented by Business Intelligence Group.

Key Points: 
  • Veryon , a leading provider of information services and software solutions for the aviation industry, recently announced its Veryon Diagnostics solution has been named a winner in the Artificial Intelligence Excellence Awards program presented by Business Intelligence Group.
  • This business awards program aims to recognize those organizations, products and people who bring Artificial Intelligence (AI) to life and apply it to solve real problems.
  • The industry-leading solution combines the power of Defect Analysis and Guided Troubleshooting tools into a single, seamless software solution designed for commercial operators and original equipment manufacturers (OEMs).
  • "We are truly honored to recognize Veryon with this prestigious award," said Maria Jimenez, chief nominations officer for Business Intelligence Group.