Todd Renard of B/E Aerospace Inc. talks about Oracle Financial Close Suite – Video

Posted on by


Todd Renard of B/E Aerospace Inc. talks about Oracle Financial Close Suite
Todd Renard, Manager Financial Planning and Business Analytics for B/E Aerospace Inc., attended Oracle OpenWorld 2013 and talked with us about the huge benef...

By: Oracle Business Analytics

See the original post here:

Todd Renard of B/E Aerospace Inc. talks about Oracle Financial Close Suite - Video

JETSTAR Asia Awards ST Aerospace Three-Year Line Maintenance Contract

Posted on by

Singapore,28 October 2013 - ST Aerospace and Jetstar Asia announced today athree-yearlinemaintenancecontractfor Jetstar Asias existing and future fleet of A320 aircraft.

WearehonouredtohaveJetstarAsiaentrusttheiraircraft linemaintenanceactivitiestoSTAerospace.Since 2004, the regional aircarrier has been our valued customer for the maintenance of its A320 fleet.With the inclusion of line maintenance services, we will be able to provide all-roundedengineering support for Jetstar Asia. As Singapore becomes an increasinglyimportantaviationhub,ouraimistoexpandour line maintenance business to cater to the growing demand in the region.

~ CHANG Cheow Teck, President, ST Aerospace

Maintenanceservices for Jetstar Asias A320 fleet will be undertaken by a dedicatedline maintenance team located at Changi Airport and supported bySTAerospacesbasemaintenancefacilitiesinChangi,whereanewnarrow-bodyhangarhasrecentlybeen added. This new hangar is able to cater for the maintenance of two A320 aircraft simultaneously. This increasesSTAerospacesglobal hangar capacity to 38 wide-body bays, 27 narrow-body bays and 24 general aviation bays.

ST Aerospace knows our business well and we are very confident in our ability to work together to meet Jetstars high standards of safety and operational performance. This agreement will help service not only todays fleet of 19 aircraft but future A320 aircraft that we take in the next fewyearswhichwillcontinueourgrowthinSoutheastAsia.Thenewnarrow-body hangar added at Changi has further strengthened our partnership andimproved our efficiency as our aircraft can now be maintained right at our doorstep.

~ Barathan PASUPATHI, CEO, Jetstar Asia

ST Aerospace has been supporting Jetstar Asia since 2004 for a wide range of maintenance services on their fleet of A320 aircraft. With the signing of this new line-maintenance contract, ST Aerospaces technical expertise in maintenance repair and overhaul activities has once again been affirmed by Jetstar Asia, thus strengthening this fruitful and long-standing partnership which has lasted nearly a decade.

About ST Aerospace (Singapore Technologies Aerospace Ltd) is the aerospace arm of ST Engineering with a turnover of $2b in FY2012. Operating a global MRO network with facilities and affiliates in the Americas, Asia Pacific and Europe, it is the worlds largest commercial airframe MRO provider with a global customer base that includes leading airlines, airfreight andmilitary operators. ST Aerospace is an integrated service provider thatoffers a spectrum of maintenance and engineering services that includeairframe,engineandcomponent maintenance,repairandoverhaul;engineering design and technical services; and aviation materials and asset management services, including Total Aviation Support. ST Aerospace has a global staff strength of around 9,000 employees worldwide. Please visit http://www.staero.aero.

About Jetstar Asia

Jetstar Asia first took to the skies in December 2004. In 2005, Singapore carrier Valuair became the sister airline of Jetstar Asia, focusing on destinations within Indonesia. Jetstar Asia and Valuair currently operate more than 400 weekly return flights to 21 destinations across 13 countries and territories in the Asia Pacific region.

See original here:

JETSTAR Asia Awards ST Aerospace Three-Year Line Maintenance Contract

Aerospace supply chain manager Wesco Aircraft at full throttle

Posted on by

For Wesco Aircraft Holdings Inc. in Valencia, it's all about making the right connections.

And those connections with customers are helping keep many of the world's civil, commercial and military aircraft safe in the air.

Wesco Aircraft manages supply chains for the aerospace industry and is one of the world's biggest sellers and distributors of aerospace parts and components.

Its more than 525,000 parts and components include fasteners, fittings, nuts, bolts, bushings, clamps, collars, pins, screws and washers. It's also an authorized distributor for just about every manufacturer of precision engineered aerospace bearings.

Lately, Wesco has been going full throttle. It posted record sales of $230.2 million for its fiscal third quarter ended June 30, an increase of 21.6% compared with the year-earlier period. Net income rose 30.6% to $29.5 million.

"During the quarter, we continued our strategy of pursuing new customers, selling new product lines to existing customers and gaining long-term relationships," said Randy J. Snyder, Wesco's chief executive.

"Contract signings and contract bid opportunities remained at a very high level, which will bode well for the future," he noted.

Snyder's father, Jack, founded the company in 1953 as a business dealing in scrap metal and hardware. Wesco wasn't focused fully on aircraft parts and components until Randy Snyder took over as chief executive in 1977. He was named chairman in 2006.

In 2006, asset management firm Carlyle Group became a majority owner. Five years later, Wesco raised $315 million in an initial public offering, selling 21 million shares at $15 each.

The latest

The rest is here:

Aerospace supply chain manager Wesco Aircraft at full throttle

NASA mountain climbing on Mars

Posted on by

NASA's Opportunity Mars rover has started scaling the tallest hill it has yet encountered in its nearly 10 years of Red Planet exploration.

Opportunity is working its way up "Solander Point," the northern tip of a 130-foot-tall hill on the rim of Mars' Endeavour Crater. The rover is currently studying rocky outcrops that lie between 6.5 feet and 20 feet above the surrounding plains, and it may climb higher in the coming days and weeks, NASA officials said.

"This is our first real Martian mountaineering with Opportunity," Opportunity principal investigator Steve Squyres, of Cornell University, said in a statement. "We expect we will reach some of the oldest rocks we have seen with this rover a glimpse back into the ancient past of Mars." [Latest Mars Photos from NASA's Opportunity Rover]

The Opportunity rover began climbing Solander Point on Oct. 8 and has gone higher and higher on three additional drives since then, mission officials said. The rocks in Solander's upper reaches are older than those below because they were lifted up by the impact event that created Endeavour Crater.

- Opportunity project manager John Callas

Opportunity arrived at Solander Point in August after a long drive from another part of Endeavour's rim called "Cape York," where the rover worked for 20 very productive months. Mission scientists have high hopes for Solander as well.

"At Cape York, we found fantastic things," Squyres said. "Gypsum veins, clay-rich terrain, the spherules we call newberries. We know there are even larger exposures of clay-rich materials where we're headed. They might look like what we found at Cape York, or they might be completely different."

During its time in the Solander area, Opportunity has already studied a transition zone between two geological formations, the younger of which records evidence of a wet but very acidic ancient environment. Further study of the older rocks could shed light on when conditions changed, mission scientists said.

In addition to its scientific potential, Solander Point provides a good place for Opportunity to wait out the southern hemisphere Martian winter, which will peak in February. Solander's slopes are north-facing, allowing Opportunity to tilt its solar panels toward the sun to catch precious but dwindling rays.

"We're in the right place at the right time, on a north-facing slope," Opportunity project manager John Callas, of NASA's Jet Propulsion Laboratory in Pasadena, Calif., said in a statement.

See original here:

NASA mountain climbing on Mars