Annual Report 2009
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May CARG 2020.Pdf
ISSUE 30 – MAY 2020 ISSUE 30 – MAY ISSUE 29 – FEBRUARY 2020 Promoting positive mental health in teenagers and those who support them through the provision of mental health education, resilience strategies and early intervention What we offer Calm Harm is an Clear Fear is an app to Head Ed is a library stem4 offers mental stem4’s website is app to help young help children & young of mental health health conferences a comprehensive people manage the people manage the educational videos for students, parents, and clinically urge to self-harm symptoms of anxiety for use in schools education & health informed resource professionals www.stem4.org.uk Registered Charity No 1144506 Any individuals depicted in our images are models and used solely for illustrative purposes. We all know of young people, whether employees, family or friends, who are struggling in some way with mental health issues; at ARL, we are so very pleased to support the vital work of stem4: early intervention really can make a difference to young lives. Please help in any way that you can. ADVISER RANKINGS – CORPORATE ADVISERS RANKINGS GUIDE MAY 2020 | Q2 | ISSUE 30 All rights reserved. No part of this publication may be reproduced or transmitted The Corporate Advisers Rankings Guide is available to UK subscribers at £180 per in any form or by any means (including photocopying or recording) without the annum for four updated editions, including postage and packaging. A PDF version written permission of the copyright holder except in accordance with the provision is also available at £360 + VAT. of copyright Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency, Barnard’s Inn, 86 Fetter Lane, London, EC4A To appear in the Rankings Guide or for subscription details, please contact us 1EN. -
Airwork Limited
AN APPRECIATION The Council of the Royal Aeronautical Society wish to thank those Companies who, by their generous co-operation, have done so much to help in the production of the Journal ACCLES & POLLOCK LIMITED AIRWORK LIMITED _5£ f» g AIRWORK LIMITED AEROPLANE & MOTOR ALUMINIUM ALVIS LIMITED CASTINGS LTD. ALUMINIUM CASTINGS ^-^rr AIRCRAFT MATERIALS LIMITED ARMSTRONG SIDDELEY MOTORS LTD. STRUCTURAL MATERIALS ARMSTRONG SIDDELEY and COMPONENTS AIRSPEED LIMITED SIR W. G. ARMSTRONG WHITWORTH AIRCRAFT LTD. SIR W. G. ARMSTRONG WHITWORTH AIRCRAFT LIMITED AUSTER AIRCRAFT LIMITED BLACKBURN AIRCRAFT LTD. ^%N AUSTER Blackburn I AIRCRAFT I AUTOMOTIVE PRODUCTS COMPANY LTD. JAMES BOOTH & COMPANY LTD. (H1GH PRECISION! HYDRAULICS a;) I DURALUMIN LJOC kneed *(6>S'f*ir> tttaot • AVIMO LIMITED BOULTON PAUL AIRCRAFT L"TD. OPTICAL - MECHANICAL - ELECTRICAL INSTRUMENTS AERONAUTICAL EQUIPMENT BAKELITE LIMITED BRAKE LININGS LIMITED BAKELITE d> PLASTICS KEGD. TEAM MARKS ilMilNIICI1TIIH I BRAKE AND CLUTCH LININGS T. M. BIRKETT & SONS LTD. THE BRISTOL AEROPLANE CO., LTD. NON-FERROUS CASTINGS AND MACHINED PARTS HANLEY - - STAFFS THE BRITISH ALUMINIUM CO., LTD. BRITISH WIRE PRODUCTS LTD. THE BRITISH AVIATION INSURANCE CO. LTD. BROOM & WADE LTD. iy:i:M.mnr*jy BRITISH AVIATION SERVICES LTD. BRITISH INSULATED CALLENDER'S CABLES LTD. BROWN BROTHERS (AIRCRAFT) LTD. SMS^MMM BRITISH OVERSEAS AIRWAYS CORPORATION BUTLERS LIMITED AUTOMOBILE, AIRCRAFT AND MARITIME LAMPS BOM SEARCHLICHTS AND MOTOR ACCESSORIES BRITISH THOMSON-HOUSTON CO., THE CHLORIDE ELECTRICAL STORAGE CO. LTD. LIMITED (THE) Hxtie AIRCRAFT BATTERIES! Magnetos and Electrical Equipment COOPER & CO. (B'HAM) LTD. DUNFORD & ELLIOTT (SHEFFIELD) LTD. COOPERS I IDBSHU l Bala i IIIIKTI A. C. COSSOR LIMITED DUNLOP RUBBER CO., LTD. -
Annual Report 2011
Annual Report 2011 Directors’ Report 1 Industry Acronyms Overview 1 Aircraft On Ground AOG Auxiliary Power Unit APU Group Structure 2 Business & General Aviation B&GA Civil Aviation Authority CAA Financial Highlights 4 Component Repair & Overhaul CRO Chairman’s Statement 6 Engine Repair & Overhaul ERO Board of Directors and Executive Management 8 Federal Aviation Administration FAA Fixed Based Operation FBO Business Review 10 Ground Power Unit GPU Our Markets 10 Ground Support Equipment GSE Business Model 14 Maintenance Repair & Overhaul MRO Original Equipment Manufacturer OEM Our Strategy 14 Recordable Incident Rate RIR Our Strengths 16 Regional Turbine Centre RTC Principal Risks and Uncertainties 17 Key Performance Indicators 18 Group Financial Summary 20 Flight Support 22 — Flight Support Network 26 — Signature Flight Support 28 — ASIG 31 Aftermarket Services and Systems 34 — Aftermarket Services and Systems Network 38 — Engine Repair and Overhaul 40 — Legacy Support 43 — APPH 44 Corporate Social Responsibility 48 Financial Matters 53 Additional Disclosures 55 Directors’ Corporate Governance Statement 57 Directors’ Remuneration Report 65 Going Concern and Statement of Directors’ Responsibilities 76 Consolidated Financial Statements 77 Independent Auditor’s Report 77 Consolidated Income Statement 78 Consolidated Statement of Comprehensive Income 79 Consolidated Balance Sheet 80 Consolidated Cash Flow Statement 81 Consolidated Statement of Changes in Equity 82 Accounting Policies 83 Notes to the Consolidated Financial Statements 88 Company Financial Statements 121 Independent Auditor’s Report 121 Company Balance Sheet 122 Accounting Policies 123 Notes to the Company Financial Statements 124 Principal Subsidiary Undertakings 129 Five Year Summary 130 Shareholder Information 131 A Dassault Falcon 900 awaiting inspection in one of Signature’s state-of-the-art hangars. -
Meggitt PLC Annual Report & Accounts 2020
Meggitt PLC Annual Report & Accounts 2020 Introduction Working closely with our Customers, we deliver technologically differentiated systems and products with high certification requirements in aerospace, defence and selected energy markets. Through focusing on engineering and operational excellence, we build broad installed bases of equipment for which we provide through life services and support. Our ambitious and diverse teams act with integrity to create superior and sustainable value for all of our stakeholders. Meggitt PLC Annual Report & Accounts 2020 1 Strategic Report – 1-89 – Report Strategic Strong portfolio Focus on sustainability Strong leadership Diverse end market exposure Next-generation technologies Leading through the with four aligned divisions that create more sustainable pandemic: responding and and efficient aircraft, engines, adapting to the external power and defence systems environment See more on page 20 See more on page 68 See more on page 14 Meggitt PLC 2 Annual Report & Accounts 2020 What’s in the report Contents We deliver innovative solutions Strategic Report for the most demanding 4 Our vision 6 At a glance 8 Chairman’s statement environments. Our differentiated 10 CEO’s statement 14 Our response to COVID-19 products and technologies 16 Market review 20 Strategy 22 Business model satisfy the highest requirements 24 Innovating for the future 28 Strategy in action for product safety, performance 36 Divisional reviews 44 CFO’s review and reliability and we continue 50 Key performance indicators 54 Risk management -
Global Volatility Steadies the Climb
WORLD AIRLINER CENSUS Global volatility steadies the climb Cirium Fleet Forecast’s latest outlook sees heady growth settling down to trend levels, with economic slowdown, rising oil prices and production rate challenges as factors Narrowbodies including A321neo will dominate deliveries over 2019-2038 Airbus DAN THISDELL & CHRIS SEYMOUR LONDON commercial jets and turboprops across most spiking above $100/barrel in mid-2014, the sectors has come down from a run of heady Brent Crude benchmark declined rapidly to a nybody who has been watching growth years, slowdown in this context should January 2016 low in the mid-$30s; the subse- the news for the past year cannot be read as a return to longer-term averages. In quent upturn peaked in the $80s a year ago. have missed some recurring head- other words, in commercial aviation, slow- Following a long dip during the second half Alines. In no particular order: US- down is still a long way from downturn. of 2018, oil has this year recovered to the China trade war, potential US-Iran hot war, And, Cirium observes, “a slowdown in high-$60s prevailing in July. US-Mexico trade tension, US-Europe trade growth rates should not be a surprise”. Eco- tension, interest rates rising, Chinese growth nomic indicators are showing “consistent de- RECESSION WORRIES stumbling, Europe facing populist backlash, cline” in all major regions, and the World What comes next is anybody’s guess, but it is longest economic recovery in history, US- Trade Organization’s global trade outlook is at worth noting that the sharp drop in prices that Canada commerce friction, bond and equity its weakest since 2010. -
April 2019 Vol
BUSINESS & COMMERCIAL AVIATION PILOT REPORT: GLOBAL 7500 CABIN APRIL 2019 $10.00 www.bcadigital.com Business & Commercial Aviation PILOT REPORT OZONE WORK/LIFE BALANCE APRIL 2019 VOL. 115 NO. 4 Global 7500 A bespoke, personal flying flagship without equal ALSO IN THIS ISSUE Bad Ideas Distracted, Disoriented and Wrongly Determined Balancing Work and Life in Business Aviation Cabin Ozone Digital Edition Copyright Notice The content contained in this digital edition (“Digital Material”), as well as its selection and arrangement, is owned by Informa. and its affiliated companies, licensors, and suppliers, and is protected by their respective copyright, trademark and other proprietary rights. Upon payment of the subscription price, if applicable, you are hereby authorized to view, download, copy, and print Digital Material solely for your own personal, non-commercial use, provided that by doing any of the foregoing, you acknowledge that (i) you do not and will not acquire any ownership rights of any kind in the Digital Material or any portion thereof, (ii) you must preserve all copyright and other proprietary notices included in any downloaded Digital Material, and (iii) you must comply in all respects with the use restrictions set forth below and in the Informa Privacy Policy and the Informa Terms of Use (the “Use Restrictions”), each of which is hereby incorporated by reference. Any use not in accordance with, and any failure to comply fully with, the Use Restrictions is expressly prohibited by law, and may result in severe civil and criminal penalties. Violators will be prosecuted to the maximum possible extent. You may not modify, publish, license, transmit (including by way of email, facsimile or other electronic means), transfer, sell, reproduce (including by copying or posting on any network computer), create derivative works from, display, store, or in any way exploit, broadcast, disseminate or distribute, in any format or media of any kind, any of the Digital Material, in whole or in part, without the express prior written consent of Informa. -
History of Signature Aviation Signature Aviation Can Trace Its Origins Back to a Small Industrial Belting Works Founded in Scotland in 1879
History of Signature Aviation Signature Aviation can trace its origins back to a small industrial belting works founded in Scotland in 1879. Over time, and known as the BBA Group, the company grew its operations to include a wide range of specialist industrial and automotive products before becoming involved in aviation. In 2006, with the demerger of its materials technology division, Fiberweb, the BBA Group became a focused aviation support and aftermarket services business and was renamed BBA Aviation. In 2016, BBA Aviation acquired Landmark Aviation, significantly boosting its core Signature Flight Support FBO business and, at the end of 2019, following the sale of its aftermarket services business, Ontic, the group was renamed Signature Aviation to reflect its key focus on serving the Business & General Aviation (B&GA) market through Signature. On 1 June 2021, Signature Aviation was acquired by Blackstone, Global Infrastructure Partners and Cascade. Industrial and automotive products For its first thirty years the company's main product was solid woven belting used for power transmission and mechanical conveying in industries such as mining. The company's manufacturing interests then grew to include a wide range of industrial and automotive products, sold around the world. These included the transmission linings used on the Model T Ford motor car; materials for Spitfire, Hurricane and Typhoon aircraft; and, later, the first brake pads fitted to Jaguar production cars. By the early 1980s the BBA Group, the holding company created in 1967 and now mostly focused on automotive and friction materials, was the world's largest supplier of original equipment brake pads to the automotive industry. -
Annual Report 2014
Annual Report 2014 Contents Overview 01 Industry Acronyms Overview About BBA Aviation About BBA Aviation 01 Airbus Corporate Jet ACJ About BBA Aviation Boeing Business Jet BBJ Chairman’s Statement 02 Bureau of Economic Analysis BEA Who we are Financial Highlights 04 Business and General Aviation B&GA Revenue Splits 05 Corporate Social Responsibility CSR BBA Aviation plc is a market-leading provider of Where We Operate 06 Engine Repair & Overhaul ERO Our Strengths 07 Federal Aviation Administration FAA global aviation support and aftermarket services. Fixed Base Operation FBO Strategic Report 08 General Aviation Manufacturers Association GAMA Greenhouse Gas GHG What we do Our Vision, Mission and Values 09 Original Equipment Manufacturer OEM Business Model 10 Recordable Incident Rate RIR Our business is managed in two divisions: Operating Model 11 Zero Incident Philosophy and Process ZIPP Our Markets 12 — Our Flight Support businesses provide specialist Our Strategy 14 Our Goals 15 on-airport support services, including refuelling Key Performance Indicators 16 Our Risks 18 and ground handling, to the owners and operators 2014 Overview 20 of private, business and commercial aircraft. Our Markets in 2014 21 Group Financial Summary 23 — Our Aftermarket Services businesses principally Flight Support 26 repair and overhaul small thrust capacity gas — Signature Flight Support 28 turbine engines and service and support primarily — ASIG 34 legacy aerospace components, sub-systems Aftermarket Services 40 — Engine Repair & Overhaul 42 and systems. -
Annual Report 2006
You are a private pilot. You’ve been at the controls of a Dallas-bound Lear jet for several hours. Storm systems forced a series of altitude changes. You are tired and looking forward to two things: rest and the welcome you’ll get from Sandy Henley. She’ll guide the jet expertly to a standstill and move your passengers across the airfield with the same care you placed in touching down. Then she’ll ensure that security checks on baggage are thorough and fast. And before you get a chance to ask, she’ll have told you the result of the Yankees game. Sandy is your air concierge. Read and see more on page 4 BBA Aviation Annual Report 2006 Financial Highlights Contents 1 Financial Highlights 62 Consolidated Cash Flow Statement 2 Executive Chairman’s Statement 63 Consolidated Statement of Recognised * 7 Directors’ Report Income and Expense Revenue Underlying operating profit • Overview 64 Accounting Policies • Board of Directors 68 Notes to the Consolidated • Business Review Financial Statements £950.1m £102.8m – Marketplace 93 Independent Auditors’ Report – Performance – Financial Matters 94 Company Balance Sheet – Corporate Social Responsibility 95 Accounting Policies £m (other than percentage and per share amounts in pence) 2006 2005 change • Additional Disclosures 96 Notes to the Company 38 Directors‘ Corporate Governance Report Financial Statements Revenue Continuing operations 950.1 875.1 9% 47 Directors‘ Remuneration Report 102 Principal Subsidiary Undertakings Underlying operating profit* 59 Independent Auditors’ Report 103 Five Year Summary -
Janes Capital Partners Quarterly Report
Aerospace & Defense Quarterly Report Q1 2021 Not affiliated with Jane’s Information Group Aerospace & Defense Quarterly Update Q1 2021 In this issue EXECUTIVE SUMMARY 1 Executive Summary There were 141 A&D deals announced in Q1 2021, which was an increase from the number of deals announced during Q4 2020. 2 About Janes Capital Partners Year-over-year quarterly transaction volume increased by 38.2% 3 Top 5 M&A Deals compared to the 102 deals announced during Q1 2020. 4 M&A Deal Volume Average disclosed deal size during the quarter increased to $1256 5 A&D Transaction Multiples million compared to $463 million during Q4 2020. 6-7 Public Valuation Summary The most active segments in terms of number of M&A deals were: 8 Buyer Spotlight – Government Services, IT Services and Software (20 deals) 9 Deal Spotlight – Cybersecurity, Intelligence Services and Homeland Defense (18 deals) 10-18 All M&A Transactions – Defense Electronics (18 deals) – Components & Subsystems (14 deals) – MRO & Logistics (12 deals) The top 3 segments in terms of disclosed transaction values were: – Government Services, IT Services and Software ($13,522 million) – Defense Electronics ($12,087 million) – Sensors & C4ISR ($7,987 million) Number of Deals by Quarter 160 141 135 140 118 115 120 109 109 107 110 101 102 94 100 82 77 100 80 68 87 73 74 77 63 74 79 60 64 75 Number of Deals 62 40 58 53 20 38 38 41 30 35 31 36 28 36 27 10 15 0 18-1Q 18-3Q 19-1Q 19-3Q 20-1Q 20-3Q 21-1Q Disclosed Not Disclosed Note: Disclosed deals shown include transactions that disclose price, multiple or both 1 Aerospace & Defense Quarterly Update Q1 2021 Contact Information About Janes Capital Partners Janes Capital Partners specializes in Mergers & Acquisitions (M&A) for middle market Stephen Perry Aerospace & Defense companies. -
Annual Report 2008 Signature Flight Support ASIG 15 Continuing to Build a World-Class Brand 22 Innovative Training
Annual Report 2008 Signature Flight Support ASIG 15 Continuing to build a world-class brand 22 Innovative training Engine Repair and Overhaul Legacy Support 33 Fast response customer service 40 Working well together APPH 44 Continuous improvement in action Cover image A plane leaves the Signature Flight Support base at Teterboro Airport, New Jersey. Contents 2 Financial Highlights 3 Directors’ Report 4 Chairman’s Statement 6 Business Review 6 Our Marketplace 9 Our Strategy 10 Principal Risks and Uncertainties 11 Group Financial Summary 12 Flight Support 30 Aftermarket Services and Systems 48 Corporate Social Responsibility 50 Board of Directors and Executive Management 52 Financial Matters 54 Additional Disclosures 56 Directors’ Corporate Governance Statement 62 Directors’ Remuneration Report 70 Going Concern and Statement of Directors’ Responsibilities 71 Consolidated Financial Statements 71 Independent Auditors’ Report 72 Consolidated Income Statement 73 Consolidated Balance Sheet 74 Consolidated Cash Flow Statement 75 Consolidated Statement of Recognised Income and Expense 76 Accounting Policies 79 Notes to the Consolidated Financial Statements 108 Company Financial Statements 108 Independent Auditors’ Report 109 Company Balance Sheet 110 Accounting Policies 111 Notes to the Company Financial Statements 116 Principal Subsidiary Undertakings 117 Five Year Summary 118 Shareholder Information 1 Financial Highlights Revenue £m (other than percentage and per share amounts in pence) 2008 2007 change Revenue 1,156.1 979.4 18% Underlying operating -
Aviation Week & Space Technology
$14.95 AUGUST 31-SEPTEMBER 13, 2020 X = Raider + Defi ant A DECADE OF SPEED GE, Pratt and Rolls Lower Margins, Higher Risks A Hypersonic Upgrade RICH MEDIA for U.S. ICBMs? EXCLUSIVE AI-Human Dogfight Advantage Machine Digital Edition Copyright Notice The content contained in this digital edition (“Digital Material”), as well as its selection and arrangement, is owned by Informa. and its affiliated companies, licensors, and suppliers, and is protected by their respective copyright, trademark and other proprietary rights. Upon payment of the subscription price, if applicable, you are hereby authorized to view, download, copy, and print Digital Material solely for your own personal, non-commercial use, provided that by doing any of the foregoing, you acknowledge that (i) you do not and will not acquire any ownership rights of any kind in the Digital Material or any portion thereof, (ii) you must preserve all copyright and other proprietary notices included in any downloaded Digital Material, and (iii) you must comply in all respects with the use restrictions set forth below and in the Informa Privacy Policy and the Informa Terms of Use (the “Use Restrictions”), each of which is hereby incorporated by reference. Any use not in accordance with, and any failure to comply fully with, the Use Restrictions is expressly prohibited by law, and may result in severe civil and criminal penalties. Violators will be prosecuted to the maximum possible extent. You may not modify, publish, license, transmit (including by way of email, facsimile or other electronic means), transfer, sell, reproduce (including by copying or posting on any network computer), create derivative works from, display, store, or in any way exploit, broadcast, disseminate or distribute, in any format or media of any kind, any of the Digital Material, in whole or in part, without the express prior written consent of Informa.