Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing
commercial, business
aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain
aircraft; 6) the effect on
aircraft demand and build rates of changing customer preferences for business
aircraft, including the effect of global economic conditions on the business
aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of
aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from
commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the
Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
The
company expects the global market of servicing
commercial and government
aircraft will be worth $ 2.6 trillion between 2017 to 2026.
In June the
company received the first - ever FAA
commercial license for unmanned
aircraft operations over land and water for its work with BP on Alaska's North Slope, part of a big push to develop oil and gas in remote areas with the help of UAVs.
The
company has recently faced headwinds in other areas, such as United Continental's decision to defer deliveries of 61 planes and a vote by the House of Representatives to bar the sale of
commercial aircraft to Iran.
Stringent Federal Aviation Administration (FAA) rules prohibiting the use of unmanned
aircraft for
commercial use has largely kept American
companies from leveraging drone technology to their advantage, but that's rapidly changing in the Arctic, where a series of FAA decisions handed down in the past year are easing restrictions on
commercial drone flights.
But the
company's loss - making
commercial aircraft segment, which includes the CSeries, reported a 12 percent drop in revenue and Bombardier used $ 721 million of its available cash in the quarter - more than last year.
In a memo to staff this week seen by Reuters, Bellemare said the
company's
commercial aircraft president would stay on to lead its regional
aircraft business once the deal with Airbus for the CSeries is completed, with a new leadership team and organizational structure to be announced in the coming weeks.
Other changes announced on Friday include allowing US
companies to provide safety - related services for
commercial aircraft in Cuba, where US airlines are beginning regularly scheduled flights, and allow Cuban pharmaceutical
companies to apply for US Food and Drug Administration approval.
Prior to joining HP Co., Mr. May served as VP, Human Resources at Boeing
Commercial Aircraft, a division of The Boeing
Company, from April 2013 to June 2015.
Along with the purchase deal, Boeing also signed a cooperation document with
Commercial Aircraft Corporation of China (Comac) which will allow the company to build a 737 aircraft assembly center in the
Aircraft Corporation of China (Comac) which will allow the
company to build a 737
aircraft assembly center in the
aircraft assembly center in the nation.
Shares of Boeing stock jumped dramatically in July after the
company posted strong margins and cash flow in the second quarter, stating it had improved the efficiency of building the 787, its top - selling wide - body
commercial aircraft.
Mr. Nixon pointed out that «the proclamation's featuring business aviation as a critical tool for
companies in New York is rewarding, as NYAMA has endeavored to promote such
aircraft as a way to improve efficiency, save money, and open up opportunities for rural areas not served by
commercial aviation.
AerCap Holdings NV operates as an integrated aviation
company, which is engaged in the leasing, financing, trading, sales and management of
commercial aircraft and engines.
The
Company acquires, leases and sells high - utility
commercial jet
aircraft to passenger and cargo airlines throughout the world.
In its filing statement with the SEC, the
company said it currently has equipped 1,177
commercial aircraft with Internet access.
The
company said this week that the number of
commercial aircraft equipped with its 2Ku broadband satellite technology has just passed the 500 mark, up -LSB-...]
As a child, Feuer spent time interning at a theatre
company, and her current use of materials including cast and painted foam,
aircraft cable, and other
commercial products, seems informed by her youthful experiences with set design.
Currently representing Aerospace and Defense
company in a Contract Dispute before the Armed Services Board of Contract Appeals defending the
company's claims of
commercial and government purpose rights licenses in technical data and software related to
aircraft purchased by the United States Air Force.
Seeking hundreds of millions of dollars in damages, plaintiffs filed a putative class action alleging that Boeing
Company, along with its CEO and the head of its
commercial aircraft division, committed securities fraud in violation of federal law.
Chong advised a
commercial aircraft leasing
company, for example, on its cross-border (Indonesia and US) lease transfer of two Boeing
aircraft.
Accidents involving
commercial airlines present even greater challenges because the airlines,
aircraft manufacturers, and the insurance
companies are armed with powerful teams of attorneys who have an advantage over accident victims.
Currently
commercial drone services provided by
companies require prior permission regardless of size where the service falls within the definition of «
commercial operation» in the Air Navigation Order 2016 which is: ``... any operation of an
aircraft other than for public transport --(a) which is available to the public; or (b) which, when not made available to the public, is performed under a contract between an operator and a customer, where the latter has no control over the operator, in return for remuneration or other valuable consideration.»
Additionally, if the death occurs due to accident while travelling in
commercial ship /
aircraft as fare paying passenger, then the
company will pay double the sum insured under this plan.
Aircraft mechanics repair and inspect airplanes for military, for
commercial airlines or private
companies.