Flexjet LLC, | September 02, 2022
Flexjet LLC, offering travelers access to the world’s most luxurious fleet of private jets, today announced that it has been named by the Employers Resource Council (ERC), producer of the NorthCoast 99 Awards, as one of the 99 best places to work in Northeast Ohio for the 19th year overall and the 14th consecutive year.
We are proud to once again be honored as one of Northeast Ohio’s best places to work,“From our inception, we have viewed our people – our flight crews, ground support teams and Owner services staff – as the most important reason for our success. Our Owners and clients fly with us because our professional team members are attuned to providing exceptional service, and we are committed to making this an outstanding place for them to work and build careers.”
Flexjet Chief Executive Officer Michael Silvestro.
An Exciting Time to Explore a Career in Private Aviation at FlexjetThe recognition comes during a period of unprecedented growth for the private aviation industry, with flight activity in 2022 expected to be 15-20 percent greater than during the pre-COVID year of 2019, according to Argus Traqpak.1 Through the first seven months of 2022, Flexjet’s flight activity was up 30 percent over 2021, which was its busiest year on record. The current growth trend looks to have staying power. A Private Jet Card Comparisons survey of private aviation users found that 53 percent of people who started flying privately during the pandemic plan to continue utilizing private air travel regularly, while 47 percent will continue to use it for at least some of their travel needs moving forward.2“Flexjet has been able to manage the extraordinary growth of the past two years because we recognize that our team members are the foundation of our company, we pay fanatical attention to detail and we take a long-term approach to establishing relationships,” said Flexjet Chief Administrative Officer Bob Sullivan. “These qualities enable us to continue to attract and retain the private aviation industry’s finest professionals by keeping our company among Ohio’s best places to work, now and in the years to come.”
Flexjet is responding to this growth through investments in aircraft, facilities and staff. The investments include:
Increased staff-with 350 additional pilots to be hired during 2021-22, giving Flexjet a total of 1,150 pilots by the end of this year. Flexjet has been able to recruit pilots quickly because its nonunion status gives it the ability to adjust signing bonuses, pay scales and benefits rapidly in response to growth in flight activity and demand for experienced pilots. Flexjet also is recruiting candidates for positions across the full range of its activities, including other flight crew members, maintenance workers, Owner services and experience representatives, operations staff, flight coordinators, business analysts and information technology specialists. More information on open positions is available at www.flexjet.com/careers.
$850 million in new aircraft, including Embraer Phenom 300s, Praetor 500s and 600s, Bombardier Challenger 350s; and Gulfstream G450s and G650s. The Flexjet fleet will expand to 231 aircraft by the end of 2022, approximately 40 percent larger than it was at the end of the first half of 2021.
A state-of-the-art global operations control center is under construction adjacent to Flexjet’s current facility at Cuyahoga County Airport outside of Cleveland. The futuristic global operations center will serve as the master logistics and control center for the entire global network of flights operated by Flexjet and its sister companies. The new facility will ensure Flexjet is able to operate the safest and most optimized fleet of aircraft in all of aviation and provide its team members one of the finest environments in which to work.
Expanding the footprint of Flexjet-exclusive private terminals with new facilities at Teterboro Airport (New Jersey), Dallas Love Field Airport (Texas) and Miami-Opa locka Airport (Florida). The new facilities bolster the support services provided by fixed-base operators and join existing Flexjet-exclusive facilities at Naples Airport (Florida), Palm Beach International Airport (Florida), Westchester County Airport (New York) and Van Nuys Airport (California).
“Today we are in period of unprecedented growth which enables us to provide superior service for those who are seeking the very best in private jet travel for those interested in joining an exciting industry,” said Silvestro. “As responsible stewards of our business, we are prepared to invest for the future at times such as these, when the prospects for growth are at their highest, while ensuring that our investment is carefully aligned with the ebbs and flows of a dynamic market environment such as private air travel.”The NorthCoast 99 is an annual program and event that honors 99 outstanding Northeast Ohio workplaces for their accomplishments during the period January 1-December 31 of each year. It includes a meticulous assessment that addresses factors such as top-performer recruitment, development and retention and distinction in areas including organizational strategy, policies and benefits; talent attraction, acquisition and onboarding; employee well-being; employee engagement and talent development; total rewards; and diversity, equity and inclusion. Headquartered in the Cleveland suburb of Richmond Heights, Flexjet employs more than 2,200 private jet travel professionals, mainly in North America and Europe. The company offers an open and inclusive working environment that provides its team members a career path with opportunities for growth, whether as a member of a flight crew or in one of the many essential supporting roles on the ground. Flexjet also provides a safe, progressive, diverse and rewarding workplace with highly competitive pay and benefits.
Flexjet first entered the fractional jet ownership market in 1995. Flexjet offers fractional jet ownership and leasing. Flexjet’s fractional aircraft program is the first in the world to be recognized as achieving the Air Charter Safety Foundation’s Industry Audit Standard, is the first and only company to be honored with 23 FAA Diamond Awards for Excellence, upholds an ARG/US Platinum Safety Rating, a 4AIR Bronze Sustainable Rating and is IS-BAO compliant at Level 2. In 2015, Flexjet introduced Red Label by Flexjet, which features the most modern fleet in the industry, flight crews dedicated to a single aircraft and the LXi Cabin Collection of interiors. To date there are more than 40 different interior designs across its fleet, which includes the Embraer Phenom 300 and Praetor 500, Bombardier Challenger 350, the Gulfstream G450 and G650. Flexjet’s European fleet includes the Embraer Praetor 600 and the Gulfstream G650. Flexjet’s private helicopter division sells fractional, lease, and on-demand charter access to its fleet of owned and operated Sikorsky S-76 private helicopters serving locations throughout the Northeastern United States and Florida. Flexjet is a member of the Directional Aviation family of companies.
CMC Electronics | July 11, 2022
CMC Electronics is pleased to announce that Korea Aerospace Industries has awarded a new contract to CMC for the modernization of the Republic of Korea Air Force fleet of KA-1 trainer aircraft used for advanced mission training and light attack missions.
KAI was looking for a best-in-class cockpit upgrade to renew their products and provide ROKAF's KA-1 fleet with more modern avionics with room for growth. Drawing from a long and fruitful business relationship, CMC worked closely with KAI to meet their request and proposed its state-of-the-art mission computer-based cockpit built on the PU-3000, the world's first certified multicore mission computer. The PU-3000 and its partitioned, embedded, software applications offer a flexible solution to integrate several conventional multifunctional displays (MFDs) or a single large area display (LAD) configuration as used in the KA-1 solution. The PU-3000 software development kit also allows KAI to develop specific proprietary mission applications on their own.
"This new contract is a timely and strategic development for all parties involved. We believe that the upgraded KA-1 platform with a PU-3000 driven LAD interface will both increase aircraft availability and better prepare ROKAF pilots for their future modernized frontline fleet of KF-X fighters."
Mr. Brad Nolen, Vice President, Sales and Marketing at CMC Electronics
Mr. Jae Min Park, Deputy Senior Manager, Aircraft Procurement team, added: "KAI is confident that the KA-1 avionics upgrade program will be successfully completed in a timely manner adding vastly improved system performance and capabilities to the KA-1 aircraft."
CMC's solution allows KAI's trainer to emulate the advanced avionics of today's cutting-edge fighter aircraft. The system employs the latest in cockpit management technology, resulting in better and more rapidly trained pilots at a far lower cost than conventional training.
The PU-3000 avionics computer is the world's first civil certified multicore mission computer. It can host multiple avionics applications reducing equipment count and integration costs. Modular by design, it can be used as a common computing platform able to host a large variety of functions into a single unit and is capable of driving multiple screen sizes with the redundancy needed for flight critical functions.
CMC Electronics has achieved an international reputation for innovation and excellence in the design and manufacture of innovative cockpit systems integration, avionics, display solutions and high-performance microelectronics for the military and commercial aviation markets. Based in Montreal, Canada, the company also has facilities in the USA serving its customers worldwide.
AZUL AIRLINES | September 30, 2022
Azul Airlines, the largest airline in Brazil by departures and number of cities served, announced today that it became the first to pilot Fetcherr's demand prediction and algorithm pricing technology. Since incorporating Fetcherr's AI-native continuous pricing optimization system into its existing revenue management processes, Azul Airlines has already witnessed improved revenue performance and optimized workflows.We are proud to be pioneers of change by being the first airline to pilot truly innovative tech solutions,said Abhi Shah, Chief Revenue Officer at Azul Airlines. We are excited that Fetcherr's platform will help us maximize our revenue, optimize our operations and provide a seamless, improved customer experience."
"The airline industry has tremendous opportunities when it comes to continuous pricing and using real-time data for demand predictions,We are thrilled Azul Airlines has begun experimenting with our technology. We hope they become the catalyst for change."
Roy Cohen, CEO and Co-Founder of Fetcherr
Fetcherr's AI technology and continuous pricing model accurately predicts demand using real-time, sophisticated models and automatically provides pricing recommendations. The system is a mature, live production system that scans the entire network 24/7 and optimizes pricing recommendations with justification to generate significant hidden or lost revenue. The automation saves manpower, can publish the fares directly to all distribution channels and predicts demand in volatile times. Fetcherr's system has proven to be successful in innovative, volatile markets such as E-commerce and Algo-trading, and now, in conjunction with Azul Airlines, is set to disrupt the untouched territory of the airline industry.
Fetcherr is an Israeli company that developed a proprietary AI-powered goal-based enterprise pricing and workflow optimization system. Founded in 2019 by experts in deep learning, Algo-trading, e-commerce and digitization of legacy architecture, Fetcherr aims to disrupt traditional rule-based (legacy) revenue systems through reinforcement learning methodologies, beginning with the airline industry. For more information, please visit https://fetcherr.io/.
About Azul Airlines
Azul , the largest airline in Brazil by number of flight departures and cities served, offers more than 900 daily flights to more than 150 destinations. With a passenger operating fleet of more than 160 aircraft and more than 13,000 crewmembers, Azul has a network of more than 300 non-stop routes. In 2020 Azul was awarded best airline in the world by TripAdvisor, the first time a Brazilian Flag Carrier ranked number one in the Traveler's Choice Awards.
DEFENSE AND SPACE
Honeywell | July 13, 2022
Relentless eCommerce trends continue to put tremendous strain on distribution and fulfillment operations worldwide. A new Honeywell report reveals once-predictable consumer demand cycles centered around holidays and "peak seasons" have given way to a model where any month, week or day can be a holiday.
Warehouse Automation: Future-Proofing the Global Economy, authored by Futurum Research, examines the importance of automation as an increasingly critical component in helping warehouse and distribution center operators meet new escalation points in consumer demand.
"One of the biggest predictors of how a business will thrive in the hypercompetitive e-commerce and omnichannel marketplace is how well it improves its decision making in real time to make deliveries faster and more accurate. With rising service level agreements dictating order fulfillment process improvements, automation can help bring stability, predictability and potentially unlock greater efficiency to their operations."
Keith Fisher, president of Honeywell Intelligrated
"While warehouses have historically had a sense of predictability in demand cycles, we found that in today's warehouses and DCs, every day is as busy as peak," said Shelly Kramer, principal analyst and founding partner of Futurum Research. "While we can assume the level of strain this has placed on supply chain and fulfillment operations, we were able to get a better grasp of how businesses are approaching this shift in consumer expectations and adopting the right automation to meet their long-term business goals."
The report also explores how the ongoing pandemic, global trade issues and regional conflicts have created long-term disruptions to the historically predictable throughput and capacity of warehouses and DCs.
From concept and integration, Honeywell Intelligrated draws on its expanding portfolio and deep industry expertise to help warehousing, distribution and fulfillment companies optimize and manage their processes. The business offers integrated end-to-end automation solutions, warehouse execution systems and analytics solutions to improve throughput and keep workers safe.
Honeywell Safety and Productivity Solutions provides products, software and connected solutions that improve productivity, workplace safety and asset performance for our customers across the globe. We deliver on this promise through industry-leading mobile devices, software, cloud technology and automation solutions, the broadest range of personal protective equipment and gas detection technology, and custom-engineered sensors, switches and controls.
Honeywell is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.