Aerospace industry
Marinvent Corporation has been selected, through the Government of Canada’s Build in Canada Innovation Program (BCIP), to deliver its patented Airfoil Performance Monitor (APM) technology to the National Research Council of Canada (NRC) for evaluation.
Pratt & Whitney Canada (P&WC) announced recently at Congresso Sindag Mercosul 2017 that it has appointed Brazil-based ABA Manutencao de Ltda. (ABA) as its first Designated Maintenance Facility (DMF) under the company’s new global network expansion model.
Boeing (NYSE: BA) announced its investment in C360 Technologies, a Pittsburgh-based company focusing on 360° video and augmented/virtual reality. It is the latest investment by Boeing HorizonX’s venture arm established earlier this year.
Montreal is a major world aerospace center, with more than 200 specialized companies making it an ideal location for any interested players in this industry. It only comes as natural that Concordia Institute of Aerospace Design and Innovation (CIADI) and The Research Centre on Advanced Manufacturing are partnering to welcome students and industry professionals to the Industry 4.0 Summer School.
Urban Aeronautics and Certification Center Canada (3C) signed a Memorandum of Understanding in the presence of the Honorable Phillip Couillard, Premier of Quebec, and the Honorable Dominique Anglade, Quebec’s Minister of Economy, Science, and Innovation, to explore opportunities for Fancraft™ for the Canadian market.
Partners Marinvent Corporation and QRA Corp are pleased to announce the immediate availability of the integrated version of QRA’s QVscribe requirements tool with Marinvent´s Synthesis® certification tools, to significantly improve the way requirements are handled in aerospace certification programs.
The Boeing Company reported higher first-quarter earnings and operating cash flow compared to the previous year, driven by solid execution on production programs and services. First-quarter GAAP earnings per share increased to $2.34 and core earnings per share (non-GAAP) increased to $2.01.
The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2016 showing demand (revenue passenger kilometers or RPKs) rose 6.3% compared to 2015 (or 6.0% if adjusted for the leap year).
This year air transport is expected to grow to $769 billion, according to forecasts made by IATA. Airline CFOs and heads of cargo reported in October last year that they were still positive about future growth in air travel, and were a bit more positive about cargo.
The FAA announced that U.S. airlines would no longer be required to make a pre-boarding announcement to passengers that the Samsung Galaxy Note7 phone is prohibited from transport on aircraft.