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Iridium Announces Next-Generation Aviation Broadband Products and Services Suite »

Iridium CertusSM to offer game-changing broadband connectivity solutions for business and general aviation users

MCLEAN, Va., Nov. 01, 2016 (GLOBE NEWSWIRE) — Iridium Communications Inc. (NASDAQ:IRDM) announced today its new suite of aviation products and services, featuring Iridium Certus technology.  This next-generation suite features a broad portfolio of products from four leading avionics manufacturers, which will deliver global broadband connectivity for cockpit and passenger communications.

Scheduled to launch commercial service in 2017, Iridium Certus is the Company’s next-generation multi-service communications platform enabled by its new Iridium NEXT satellite constellation. Iridium Certus will deliver higher throughputs, enterprise-grade reliability and global overage at an unprecedented value.  After completion of the Iridium NEXT constellation, Iridium Certus will deliver speeds eventually reaching 1.4 Mbps through some of the smallest and most cost-effective antennas in the industry.    

Iridium® is installed on more than 30,000 business aviation and rotorcraft today.  Iridium Certus will offer a turnkey upgrade path delivering greater performance, utility and value for cockpit and cabin communications through a best-in-class platform designed to support connectivity needs for the next decade.

“Our partners have created a remarkable line of aviation products featuring Iridium Certus technology, and we look forward to giving the industry access to a line of competitive options like never before,” said Brian Pemberton, vice president of strategy and aviation line of business at Iridium. “We believe it’s now safe to say that everyone in the business and general aviation community will soon have a viable option, with no prerequisites or strings attached, to fulfill their connectivity needs especially where they may not have thought it possible before.”  

The Iridium Certus service portfolio will feature a range of data speeds utilizing either high gain antennas (HGA) at 352 Kbps, 704 Kbps or 1.4 Mbps, or low gain antennas (LGA) for speeds of 88 Kbps or 176 Kbps.  These solutions may serve as stand-alone connectivity options or be integrated with Very Small Aperture Terminal (VSAT) solutions offering redundancy and expanded coverage. Further, the HGA speeds will serve as an ideal business aviation cabin connectivity solution for most users.

“The business aviation community is challenged to find cost-effective connectivity.  Iridium Certus will provide a suite of scalable solutions that meets their diverse needs,” continued Pemberton. “Whether for business jets, rotorcraft, fractional and charter operators or general aviation, aircraft operators can choose what makes the most sense for them in the most competitive manner possible.”

Iridium NEXT, the company’s next-generation, global satellite constellation, will replace its existing network of low-earth orbit satellites in what will be one of the largest “tech upgrades” in history. Iridium and SpaceX are partnered for a series of seven launches, deploying ten Iridium NEXT satellites at a time. Iridium NEXT satellite deployment is scheduled to be completed in 2018. For more information about Iridium NEXT, please visit www.iridium.com.

About Iridium Communications Inc.

Iridium is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. The company has a major development program underway for its next-generation network — Iridium NEXT. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the NASDAQ Global Select Market under the ticker symbol IRDM. For more information about Iridium products, services and partner solutions, visit www.iridium.com.

Forward Looking Statements

Statements in this press release that are not purely historical facts may constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The Company has based these statements on its current expectations and the information currently available to us. Forward-looking statements in this presentation include statements regarding the development and capabilities of the Iridium NEXT constellation and services to be offered over the constellation, including Iridium Certus. Forward-looking statements can be identified by the words “anticipates,” “may,” “can,” “believes,” “expects,” “projects,” “intends,” “likely,” “will,” “to be” and other expressions that are predictions or indicate future events, trends or prospects. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Iridium to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, uncertainties regarding development and functionality of Iridium NEXT and related services, potential delays in the Iridium NEXT deployment, and the company’s ability to maintain the health, capacity and content of its satellite constellation, as well as general industry and economic conditions, and competitive, legal, governmental and technological factors. Other factors that could cause actual results to differ materially from those indicated by the forward-looking statements include those factors listed under the caption “Risk Factors” in the Company’s Form 10-K for the year ended December 31, 2015, filed with the Securities and Exchange Commission (the “SEC”) on February 25, 2016, as well as other filings Iridium makes with the SEC from time to time. There is no assurance that Iridium’s expectations will be realized. If one or more of these risks or uncertainties materialize, or if Iridium’s underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. Iridium’s forward-looking statements speak only as of the date of this press release, and Iridium undertakes no obligation to update forward-looking statements.

CONTACT: Press Contact:

Diane Hockenberry
Iridium Communications Inc.
+1 (703) 287-7421

Woodward Schedules Fourth Quarter 2016 Earnings Release and Conference Call »

FORT COLLINS, Colo., Oct. 31, 2016 (GLOBE NEWSWIRE) — Woodward, Inc. (NASDAQ:WWD) announced today that it expects to report its fiscal 2016 fourth quarter and full year financial results at approximately 4:00 p.m. EST on Monday, November 14, 2016. A news release will be issued at that time and a conference call will be held at 4:30 p.m. EST.

During the conference call, the company will provide an overview of its business highlights and financial performance. You are invited to listen to the call live via the company’s website, www.woodward.com, on November 14, 2016. A webcast presentation will be available on the website by selecting “Investors/Calendar of Events” from the menu. The call and presentation will remain accessible on the company’s website for 14 days. 

You may also listen to the call by dialing 1-866-206-6154 (domestic) or 1-703-639-1107 (international). Participants should call prior to the start time to allow for registration; the Conference ID is 1675522. An audio replay will be available by telephone from 7:30 p.m. EST on November 14 until 11:59 p.m. EST on November 28. The telephone number to access the replay is 1-888-266-2081 (domestic) or 1-703-925-2533 (international); reference access code is 1675522.

About Woodward, Inc.

Woodward is an independent designer, manufacturer, and service provider of control system solutions and components for the aerospace and industrial markets. The company’s innovative fluid, combustion, electrical, and motion control systems help customers offer cleaner, more reliable, and more efficient equipment. Our customers include leading original equipment manufacturers and end users of their products. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com, and connect with us at www.facebook.com/woodwardinc.

The statements in this release concerning the company’s future sales, earnings, business performance, prospects, and the economy in general reflect current expectations and are forward-looking statements that involve risks and uncertainties. Actual results could differ materially from projections or any other forward-looking statement and we have no obligation to update our forward-looking statements. Factors that could affect performance and could cause actual results to differ materially from projections and forward-looking statements are described in Woodward’s Annual Report and Form 10-K for the year ended September 30, 2015 and any subsequently filed Quarterly Report on Form 10-Q.  

Don Guzzardo
Director, Investor Relations & Treasury

Business Jet Market to Resume Positive Growth Trend »

NEWTOWN, Conn., Oct. 31, 2016 (GLOBE NEWSWIRE) — Although business jet production is unlikely to match the mid-2000s’ skyrocketing output any time soon, Forecast International’s innovative Platinum Forecast System® shows that a total of 13,252 business jets will be produced during the 15-year period from 2016 through 2030. The Connecticut-based market research firm estimates the value of this production at a staggering $360 billion (in FY16 U.S. dollars).

Forecast International predicts that business jet production, following a slight 5 percent decline in 2016, will increase each year from 2017 through 2020.  While a brief, two-year cyclical downturn is anticipated for the 2021-2022 timeframe, the market is projected to rebound the following year, with a consistent rise in production from 2023 through the remainder of the forecast timeframe.  Indeed, the last eight years of the forecast period will see the value of production top $210 billion, or more than 58 percent of the 15-year total.

“North American customers have begun returning to the business jet market, shaking off economic and political concerns that had been causing considerable buyer hesitation,” said Forecast International senior aerospace analyst Raymond Jaworowski.  “So far, this has largely benefitted the market’s light and mid-size jet segments, which tend to be heavily populated with U.S. buyers.”

Meanwhile, the long-range and large-cabin jet segments tend to be more diverse geographically, and economic slowdowns in key regions such as China, Latin America, and Russia have resulted in weaker demand for these larger jets.  However, economic improvement in these regions, as well as increased demand from North American customers, will help boost the market for large-cabin and long-range jets over the longer term.

Overall, North America is the largest regional market for business jets, and is expected to remain so throughout the forecast timeframe.  Europe will continue to be the second largest market for business jets, but with a narrowing edge over Asia.

In terms of manufacturer market shares, Textron Aviation’s Cessna business unit is projected to lead the market in unit production during the 2016-2030 timeframe, with a 26.7 percent share, followed by Embraer, Gulfstream, Bombardier, and Dassault.  When the market is measured in terms of monetary value, the 15-year projections show the same five companies remaining at the top, but with the manufacturers that specialize in larger, longer-range jets taking the lead.  Gulfstream is projected to lead in value of production, with a 33.1 percent share, followed by Bombardier, Dassault, Cessna, and Embraer.

The Platinum Forecast System® is a breakthrough in forecasting technology that enables users to select unique criteria to create distinct market segments.  With Platinum, users can create customized assessments that quickly identify both risk and future opportunities.

About Forecast International
Forecast International, Inc. is a leading provider of Market Intelligence and Analysis in the areas of aerospace, defense, power systems and military electronics. The firm also maintains a high posture of situational awareness and geopolitical analysis. Based in Newtown, Conn., USA, Forecast International specializes in long-range industry forecasts and market assessments used by strategic planners, marketing professionals, military organizations, and governments worldwide. Forecast International’s resources and extensive base of experience can also be readily adapted and efficiently focused to fulfill a broad spectrum of civil and military consulting and special research requirements.

A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=41775

CONTACT: Ray Peterson
         Vice President, Research & Editorial Services 
         Forecast International 
         22 Commerce Rd. Newtown, CT 06470 USA
         (203) 426-0800

Bring on the Sunshine (State)! Spirit Airlines Delivers More Ultra-Low Fares to Florida from New York/Newark »

MIRAMAR, Fla., Oct. 30, 2016 (GLOBE NEWSWIRE) — A winter escape from the Big Apple to Florida’s attractions and beaches just got a lot more affordable! Spirit Airlines begins service today at the Newark Liberty International Airport (EWR), the 57th airport to join its growing network. Spirit now offers new daily nonstop service between Newark and the Fort Lauderdale-Hollywood International Airport (FLL) and Orlando International Airport (MCO). Service to/from Myrtle Beach International Airport (MYR) will begin March 9, 2017. So ditch the snow boots and scrapers, and book your Sunshine State adventure just in time for winter.

Newark to/from Service Start Date Frequency
Fort Lauderdale October 30, 2016 3 daily flights/4 daily flights (starting 11/10/16)
Orlando October 30, 2016 Once daily/twice daily (starting 11/10/16)
Myrtle Beach March 9, 2017 Once daily

“We are thrilled to bring our ultra-low fares to Newark – one of the highest airfare markets in the country**,” said Mark Kopczak, Spirit Airlines’ Vice President of Network Planning. “We know there’s a demand for affordable air travel in the greater New York/New Jersey area. Spirit’s unique business model allows our customers to save more cash on airfare to spend at their final destination.”

“Newark Liberty contributes more than $25 billion in economic activity to the New York-New Jersey metropolitan region,” said Diane Papaianni, General Manager of Newark Liberty International Airport.  “New air service has a positive impact on our economy, and provides additional travel opportunities for locals and visitors alike.  We congratulate Spirit Airlines on the expansion of their service and look forward to offering our customers more choices than ever.”

This new service complements Spirit’s existing service in the New York/New Jersey area, including 11 daily flights from New York’s LaGuardia Airport (LGA) and 11 daily flights from Atlantic City International Airport (ACY).

In addition to these nonstop flights, Spirit will offer connecting service from Newark via its Fort Lauderdale home and Orlando to more than 30 destinations, including more than 20 to/from the Caribbean and Latin America. Spirit will also add two more airports to its network in the coming weeks, including the Akron-Canton Airport (CAK) beginning November 10 and Havana’s José Martí International Airport (HAV) on December 1 (pending Cuban government approval).

Spirit’s new flights to Florida and Myrtle Beach will are available for purchase now.  You can check out the crazy low fares and vacation packages available to all of the destinations we fly at www.spirit.com and also sign up to receive alerts on Spirit’s email deals and offers.

About Spirit Airlines:
Spirit Airlines (NASDAQ:SAVE) is committed to offering the lowest total price to the places we fly, on average much lower than other airlines, on average nearly 40% less*. Our customers start with an unbundled, stripped-down Bare Fare™ and get Frill Control™ which allows them to pay only for the options they choose – like bags, seat assignments and refreshments – the things other airlines bake right into their ticket prices. We help people save money and travel more often, create new jobs and stimulate business growth in the communities we serve. Our Fit Fleet is one of the youngest, most fuel-efficient in the U.S.  We operate over 400 daily flights to more than 56 destinations in the U.S., Latin America and the Caribbean. Come save with us at www.spirit.com.

*U.S. Department of Transportation statistics
** According to the Bureau of Transportation’s 1st Quarter 2016 Air Fare Data, Tables 7-12, issued July 26, 2016

MEDIA NOTE:  Spirit aircraft photos and video b-roll are available in the press room section of spirit.com at http://www.spirit.com/Pressrelease.aspx.

CONTACT: Contact: Stephen Schuler

Global Eagle Entertainment Inc. Schedules Third Quarter 2016 Earnings Release and Webcast »

LOS ANGELES, Oct. 27, 2016 (GLOBE NEWSWIRE) — Global Eagle Entertainment Inc. (“GEE”) (Nasdaq:ENT), a leading provider of satellite-based connectivity and media to fast-growing, global mobility markets across air, sea and land, announced today that it will release its third quarter 2016 financial results at approximately 1:15 PM PT / 4:15 PM ET on Tuesday, November 8, 2016.

GEE will host a webcast to discuss its third quarter 2016 financial results on that same day (Tuesday, November 8, 2016) at 2:00 PM PT / 5:00 PM ET. GEE will make the webcast accessible through the Investor Relations section of its website at http://investors.geemedia.com/events.cfm, along with a supplementary slide presentation also available on that section of the website.

GEE will archive a webcast replay and the slide presentation on its website for 30 days following the event.

About Global Eagle Entertainment Inc.

Global Eagle Entertainment Inc. (NASDAQ:ENT) is a leading provider of satellite-based connectivity and media to fast-growing, global mobility markets across air, sea and land. Supported by proprietary and best-in-class technologies, GEE offers a fully-integrated suite of rich media content and seamless connectivity solutions that cover the globe. With approximately 1,500 employees and 50 offices on six continents, GEE delivers exceptional service and rapid support to a diverse base of customers around the world. Find out more at: www.geemedia.com.

CONTACT: Contact: 

Kevin Trosian
Senior Vice President, Corporate Development and Investor Relations
+1 310-740-8624

Bob Woodruff Foundation Names JetBlue’s James Hnat to Board of Directors »

NEW YORK, Oct. 27, 2016 (GLOBE NEWSWIRE) — The Bob Woodruff Foundation is pleased to welcome James G. Hnat, executive vice president, general counsel & corporate secretary of JetBlue Airways, to its board of directors.

“It is an honor to support the Bob Woodruff Foundation and the team that leads the Foundation ensuring focus remains on service members and their families. Since creating the Foundation in 2006, Bob and Lee Woodruff have established a culture of caring, kindness and responsibility that exemplifies the type of organization that can positively impact the lives of our veterans. I look forward to working with Anne Marie Dougherty and the team she leads making a difference in an area so important to our country,” said Mr. Hnat.

Mr. Hnat joined JetBlue in 2001, and was named general counsel in 2003. In 2007, he was named executive vice president and corporate secretary. Mr. Hnat is responsible for legal, government affairs, compliance, and sustainability.

“James and JetBlue have long been valuable partners in our efforts to support our nation’s injured veterans, service members and their families,” said Anne Marie Dougherty, executive director of the Bob Woodruff Foundation. “We look forward to drawing upon James’ legal and business acumen to assist the board’s governance role, ensuring that we remain transparent and efficient as a leader in the veteran space.”

Since 2011, JetBlue has donated hundreds of flights to the Bob Woodruff Foundation, helping keep travel expenses low for the New York-based, national nonprofit.

Mr. Hnat received his bachelor’s degree in economics and political science from Boston University, and earned a doctorate in law from Notre Dame Law School. He is a member of the bar of New York and Massachusetts.

About the Bob Woodruff Foundation: The Bob Woodruff Foundation (BWF) was founded in 2006 after reporter Bob Woodruff was hit by a roadside bomb while covering the war in Iraq. Since then, the Bob Woodruff Foundation has led an enduring call to action for people to stand up for heroes and meet the emerging and long-term needs of today’s veterans. To date, BWF has invested more than $33 million to find, fund and shape programs that have empowered more than 2.5 million impacted veterans, service members and their families. For more information, please visit bobwoodrufffoundation.org or follow us on Twitter at @Stand4Heroes.

About JetBlue: As New York’s Hometown Airline™ and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles/Long Beach, Orlando and San Juan, JetBlue carries 32 million customers a year to 96 cities in the U.S., Caribbean and Latin America with an average of 900 daily flights. JetBlue also partners with more than 40 top airlines across the globe to give customers access to destinations on six continents. To learn more, visit: www.jetblue.com.

A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=41760

CONTACT: Sam Kille, Communications Manager
         1350 Broadway, Suite 905
         New York, NY 10018
         (646) 257-5490, office 
         (646) 678-1615, cell

Delta offers baggage tracking with latest Fly Delta app
25 Oct
Written by The Crew

Delta offers baggage tracking with latest Fly Delta app »

Tracking aircraft with online maps have been available for several years. Now if you are flying with checked baggage, you can Read more…

Era Group Announces Q3 2016 Earnings Release Call »

HOUSTON, Oct. 26, 2016 (GLOBE NEWSWIRE) — Era Group Inc. (NYSE:ERA) (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its third quarter 2016 after the market closes on Tuesday, November 1, 2016. In connection with the release, Era has scheduled a conference call for Wednesday, November 2, 2016, to begin at 10:00 a.m. ET (9:00 a.m. CT).

Investors may participate in the call by phone. Dial (800) 211-3767 for domestic callers or (719) 325-2356 for international callers, at least 10 minutes before the call, using the access code 7739536. A telephone replay will be available through November 17, 2016, by dialing (888) 203-1112 for domestic callers or (719) 457-0820 for international callers, using the access code 7739536. The accompanying investor presentation will be available on November 2, 2016, on Era’s website at www.eragroupinc.com.

About Era Group

Era Group is one of the largest helicopter operators in the world and the longest serving helicopter transport operator in the U.S. In addition to servicing its U.S. customers, Era Group also provides helicopters and related services to third-party helicopter operators and customers in other countries, including Argentina, Brazil, Colombia, the Dominican Republic, India, Suriname and the United Kingdom. Era Group’s helicopters are primarily used to transport personnel to, from and between offshore oil and gas production platforms, drilling rigs and other installations.

For additional information concerning Era Group, contact Andrew Puhala at (713) 369-4646 or visit Era Group’s website at www.eragroupinc.com.  

Bob Woodruff Foundation Names General Martin Dempsey to Board of Directors »

NEW YORK, N.Y., Oct. 25, 2016 (GLOBE NEWSWIRE) — The Bob Woodruff Foundation is pleased to welcome retired Army General Martin E. Dempsey to its board of directors. As Chairman of the Joint Chiefs of Staff, from 2011-15, he was the senior officer in the Armed Forces and the principal military advisor to the Secretary of Defense and to the President.

“I am honored to join the Bob Woodruff Foundation. Bob and Lee Woodruff and their terrific team are unmatched in working across the landscape of business, science, technology, sports, and entertainment to find ways to help and support the wounded—both those with visible wounds and those with invisible wounds—as they reintegrate back into society.,” said Dempsey. “They recognize that the consequences of today’s conflicts will be felt for decades, and they are committed to making sure that America stands up for its heroes today and that America stays standing!”

Dempsey recently retired after 41 years of military service. During his time in the Army, he commanded a cavalry troop, a tank battalion, a cavalry regiment, a tank division, and United States Central Command where he was responsible for securing U.S. interests in the Middle East and South Asia. He served in both Operation Desert Storm and Operation Iraqi Freedom, accumulating 42 months in combat.

“General Dempsey remains committed to ensuring that the long-term needs of today’s service members, veterans and their families are met, now and long into the future,” said Anne Marie Dougherty, executive director of the Bob Woodruff Foundation. “We look forward to drawing upon his experience and knowledge as we help lead the way forward in empowering this generation’s veterans.”

His military awards include the Bronze Star with valor device, the Defense Distinguished Service Medal, and Distinguished Service Medals from the Army, Navy, Air Force, and Coast Guard.

In 2015, Dempsey was named one of the 100 most influential leaders in the world by Time Magazine. In March of this year, he was inducted into the Irish-America Hall of Fame, and in May he received the Ellis Island Medal of Honor.

Dempsey’s post-military career includes a teaching position at Duke University in public policy and leadership, a role as the special advisor to the Commissioner of the National Basketball Association for leader development and youth programs, and motivational speaking through the Washington Speakers’ Bureau.

Dempsey is a 1974 graduate of West Point and has master’s degrees from Duke in literature, from the Army Command & General Staff College in military science, and from the National War College in national security strategy. He also has an honorary doctorate in law from Notre Dame University.

Dempsey and his wife, Deanie (who serves on BWF’s Leadership Council), have been married for 40 years. They have three children and nine grandchildren. Each of their three children served in the Army, including their son Chris who is currently at the Pentagon.

About the Bob Woodruff Foundation: The Bob Woodruff Foundation (BWF) was founded in 2006 after reporter Bob Woodruff was hit by a roadside bomb while covering the war in Iraq. Since then, the Bob Woodruff Foundation has led an enduring call to action for people to stand up for heroes and meet the emerging and long-term needs of today’s veterans. To date, BWF has invested more than $33 million to find, fund and shape programs that have empowered more than 2.5 million impacted veterans, service members and their families. For more information, please visit bobwoodrufffoundation.org or follow us on Twitter at @Stand4Heroes.

A photo accompanying this release is available at:

CONTACT: Sam Kille, Communications Manager
         1350 Broadway, Suite 905
         New York, NY 10018
         (646) 257-5490, office 
         (646) 678-1615, cell

Scorpion jet successfully completes first weapons capability exercise
20 Oct
Written by The Crew

Scorpion jet successfully completes first weapons capability exercise »

Textron AirLand has announced that the Scorpion jet has successfully completed its first weapons exercise at White Sands Missile Range, while Read more…


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