FOR THE PAST TWO YEARS, HEICO Corp. has been recognized in Forbes as one of the 200 best small companies. It also was named among the magazine's 200 "hotshot stocks." It has two main divisions: HEICO Aerospace Holdings (aka Flight Support) and Electronics Technologies. Beneath HEICO Aerospace are three smaller divisions: HEICO Parts Group, HEICO Component Repair and HEICO Distribution.
Airbus claimed victory over rival Boeing at the Paris Air Show with orders and commitments totaling 421 aircraft announced through the week, but Boeing’s 331 commercial airplane sales included a far larger number of higher value widebodies....More
The GE Aviation/Pratt & Whitney joint venture Engine Alliance said it remains in contention to power the potential re-engined Airbus A380neo with a comprehensive upgrade to the GP7200, but it noted the timing of such a move is dependent on Airbus....More
ATR has sold 46 aircraft and 35 options in the year to date, valued at $2 billion including options, marking a slowdown on its previous performance due to low fuel prices and adverse dollar exchange rates....More