Source: Sabre Sabre Corporation, a leading software and technology company that powers the global travel industry, announced that Sean Menke, currently Chair of the company’s Board and its Chief Executive Officer, will transition to be solely Sabre’s Executive Chair of the Board, effective April 27, 2023. At that time, Kurt Ekert, currently President of Sabre, will also become the company’s Chief Executive Officer, reporting to the Board of Directors. Ekert has also been nominated as a director for election at Sabre’s 2023 Annual Meeting, to be held on April 26, 2023. These moves are being made as part of the company’s and the Board of Directors’ ongoing succession planning. Menke joined Sabre in 2015 serving as president of its largest business [...]

Sourc: H55 The Canadian born Martin Larose has a successful track record in various positions in the aviation and automotive sectors H55 develops certified electric propulsion and battery systems, currently being used in a wide variety of aviation applications H55 S.A. has appointed Martin Larose as Chief Executive Officer, assuming responsibilities as of 1 March 2023. The nomination of Martin Larose will enable H55 to respond to a fast-growing market demand for its products and solutions. With the size of the company doubling every year, certification and commercialization of its full electric propulsion system foreseen by the end of 2024, a customer service organization currently being put in place, and the setting up of automated production facilities in Switzerland and [...]

Source: Pratt & Whitney Canada Pratt & Whitney Canada (P&WC), a business unit of Pratt & Whitney, has achieved one billion flying hours since the formation of the company nearly 100 years ago, in 1928. P&WC engines power missions across a diverse portfolio – including Business Aviation, General Aviation, Regional Aviation, Helicopter Aviation and Auxiliary Power Units. Over this time, more than 110,000 engines have been produced, with over 66,000 currently in service powering our 16,000+ customers. "Aviation has the power to change the world. Our engines power aircraft that benefit millions of people every day," said Maria Della Posta, President, Pratt & Whitney Canada. "Every second, a P&WC-powered aircraft takes off or lands somewhere on the planet, whether they're [...]

Source: Rolls Royce Improved orders, revenue, profit and cash flow in 2022 Strong new order wins in Civil Aerospace and Defence and a record order book in Power Systems Underlying operating profit of £652m, £238m higher than the prior year, with the increase driven by Civil Aerospace and Power Systems Free cash flow from continuing operations of £505m, £2.0bn higher than the prior year, led by engine flying hour recovery Net debt of £3.3bn, down from £5.2bn at end 2021, due to disposals and improved cash flow Focused on delivering significant performance improvement in 2023 and beyond Transformation programme in place to deliver further performance improvements from 2023, informed by rigorous benchmarking Underlying operating profit guidance of £0.8-£1.0bn and free [...]

Source: SITA Today’s major world sporting events such as the 2022 World Cup in Qatar depend for their success on the ability of the host country to handle the sudden influx and exodus of tens of thousands of competitors, team support and equipment, officials, VIPs, media and, of course, spectators. It’s a testing time at the border and for even the largest of airports. For more than 35 years, SITA has been working alongside host countries and cities to help smooth the path for those involved in global sporting and religious events. We go right back to the 1984 Summer Olympic Games, for which SITA introduced the world’s first common use terminal equipment at Los Angeles International Airport. Welcoming millions [...]