Praetor

VSE Aviation Announces $350 Million in Distribution Agreements

Retrieved on: 
Wednesday, October 19, 2022

VSE Corporation (NASDAQ: VSEC, "VSE", or the "Company"), a leading provider of aftermarket distribution and maintenance, repair and overhaul ("MRO") services for land, sea and air transportation assets for government and commercial markets, today announced that its VSE Aviation segment has entered into four distribution agreements with various global business and general aviation (B&GA) original equipment manufacturers (OEM) for a combined value of approximately $350 million.

Key Points: 
  • VSE Corporation (NASDAQ: VSEC, "VSE", or the "Company"), a leading provider of aftermarket distribution and maintenance, repair and overhaul ("MRO") services for land, sea and air transportation assets for government and commercial markets, today announced that its VSE Aviation segment has entered into four distribution agreements with various global business and general aviation (B&GA) original equipment manufacturers (OEM) for a combined value of approximately $350 million.
  • These awards will serve to advance our domestic and international distribution relationships with both new and existing end-users, while further establishing VSE as a trusted partner of choice in the aviation market.
  • The exclusive distribution agreements include the following:
    A new 15-year distribution agreement with Pratt & Whitney Canada in the Asia Pacific region, representing a geographic expansion of the previously-awarded distribution agreement covering North America (announced in 2021).
  • VSE Aviation is currently the exclusive North American distributor of tail-mounted antenna systems, and by adding the FMA systems, VSE Aviation can now fully support B&GA operators in the US and EMEAI.

Summit Aviation's Values-Based Approach Accounts for Extraordinary Growth of Ultra-Modern Fleet

Retrieved on: 
Friday, March 25, 2022

Operating nation-wide, this newest aircraft joined the rest of Summit's floating charter fleet just a few days after delivery.

Key Points: 
  • Operating nation-wide, this newest aircraft joined the rest of Summit's floating charter fleet just a few days after delivery.
  • Known for their modern fleet of newer, low-time aircraft, this addition continues to uphold the standard Summit's customers have come to expect from their aircraft.
  • Headquartered at the Bozeman Yellowstone International Airport in Bozeman, Montana, Summit Aviation is a comprehensive aviation company specializing in Embraer products and operating nine Phenom 300 aircraft as part of its floating charter fleet.
  • Founded in 2001, Summit Aviation, Inc. is a comprehensive aviation center specializing in aircraft sales, charter operations, aircraft management, and pilot training with retention.

EMBRAER S.A.: Embraer is Awarded Brazilian certification for the Praetor 500, which outperformed on certification to become the best midsize jet

Retrieved on: 
Tuesday, August 13, 2019

The Type Certificate was awarded during a ceremony at LABACE (Latin American Business Aviation Conference and Exhibition).

Key Points: 
  • The Type Certificate was awarded during a ceremony at LABACE (Latin American Business Aviation Conference and Exhibition).
  • The Praetor 500 outperforms its class, becoming the best midsize jet ever developed and the only jet in its class with Ka-band internet connectivity.
  • "The certification of the Praetor 500 is a welcome achievement for the celebration of our golden jubilee.
  • "With the highest performance, technology and comfort in its class, the Praetor 500 becomes the best midsize business jet ever made, raising the customer experience standards of its class.

Embraer Praetor 600 Now Triple-Certified, Receiving EASA and FAA Approval, Becoming The Most Disruptive and Technologically Advanced Aircraft to Enter the Super-Midsize Category

Retrieved on: 
Monday, May 20, 2019

"Just over six months since its launch and debut, the Praetor 600 has already been outperforming its certification goals, raising expectations of the ideal super-midsize.

Key Points: 
  • "Just over six months since its launch and debut, the Praetor 600 has already been outperforming its certification goals, raising expectations of the ideal super-midsize.
  • Brazil's Civil Aviation Authority (ANACAgncia Nacional de Aviao Civil) awarded the new aircraft its Type Certificate on April 18 of this year.
  • The Praetor 600 was announced and debuted at NBAA-BACE, in October 2018, and became the only super-midsize business jet to be certified since 2014.
  • The Praetor 600 features Collins Aerospace's newest edition of the acclaimed Pro Line Fusion flight deck.