News from Allied International .Global distributors of European made Aviation GSE (ABC, DCM), Chambrelan telescopic slides and linear ball rails, Radia DC actuators, gearmotors and valves, Inertia Switch impact switches, Champion TRU and UPS, SWP spherical bearings,Exxelia capacitors, filters, magnetics, and slip rings. We manufacture acoustic raw materials and complete duct silencers for aircraft. (Home page is https://alliedinter.com)
Tuesday, November 26, 2002
THANKSGIVING HOLIDAY Normally we close early on Wednesday for Thanksgiving and do not reopen until the following Monday. This year we are going to have a big snow storm tomorrow in Bedford Hills; so we are working late Tuesday night and then not reopening until next Monday. Florida will be open on Wednesday. If you have urgent business over the holiday please feel free to call me on my cell phone at 914 804 5162. Have a happy Thanksgiving.
Friday, November 22, 2002
Precision Coil Spring Update We signed the contract in August and received our first commission check for existing business last week. PCS make the clips the hold the windows on Boeing aircraft. They also sell clips to companies like TA and Lord that make vibration mounts. For more info on applications , contact Darryl Sauer.
Tuesday, November 19, 2002
New Business Focus: Flex Hose and Rigid Tube
We want to quote any and all hose opportunities. We have been selling hose for more than 10 years, first with Stratoflex and now with Titeflex. In the UK, Germany, Scandinavia, Austria, Czech and Poland we represent Titeflex, Titeflex Europe and Lewis & Saunders for OEM applications. In many other countries Titeflex have no representatives and are willing to work with us on an exclusive basis. For operators, airlines, armed forces we can identify and supply hose and accessories from any of the majors, including rubber hose. Last year we had substantial orders from NAMSA (NATO) and other foreign military in Europe and South America. This can be good margin business for everybody.
We want to quote any and all hose opportunities. We have been selling hose for more than 10 years, first with Stratoflex and now with Titeflex. In the UK, Germany, Scandinavia, Austria, Czech and Poland we represent Titeflex, Titeflex Europe and Lewis & Saunders for OEM applications. In many other countries Titeflex have no representatives and are willing to work with us on an exclusive basis. For operators, airlines, armed forces we can identify and supply hose and accessories from any of the majors, including rubber hose. Last year we had substantial orders from NAMSA (NATO) and other foreign military in Europe and South America. This can be good margin business for everybody.
Monday, November 18, 2002
Sunday, November 17, 2002
Saturday, November 16, 2002
Looks like some airlines in Europe are doing a little better:
This from Flight International Nov 5 2002:
Lufthansa has reported a 172% increase in operating profits for the first nine months of the year to €790 million ($790 million), exceeding its €500 profit forecast for the full financial year. Revenues rose by 2.7% to €12.6 billion, while net profit more than quadrupled from €65 million to €344 million. Lufthansa is now forecasting a full-year operating result of €700-750 million.
Lufthansa chairman and chief executive Jurgen Weber says: "In the deepest crisis of the aviation industry Lufthansa succeeded in protecting its group of companies against a serious threat to its very existence, maintaining the quality of its offerings at a high level, remaining profitable, and, as a result, securing jobs and even creating perspectives for the creation of new jobs."
Lufthansa warns it faces 'greater risks in the final three months the year. The stagnating economy, political instability and a decline in business travel'. It says the large union wage claims coupled with proposed tax plans of Germany's new government also threatens the airline's financial performance. Weber says: 'A whole wave of discriminations will hit German airlines if these plans are faithfully implemented.'
British Airways' second quarter pre-tax profits have increased to £245 million ($383 million) compared to a profit of just $5 million for the same period in 2001, which was badly affected by the fall-out of 11 September. Interim pre-tax profits have increased to £310 million for the six months from April to September 2002, compared to £45 million last year. The airline expects to return to profitability this year, after making a pre-tax loss of £200 million for the full year last year and an operating loss of £30 million. BA's second quarter operating profit increased from £72 million last year to £248 million, and first half operating profit was £406 million, compared to £284 million last year. The airline's capacity cuts have yielded a 10.1% reduction in available seat-km during the quarter, while traffic (revenue passenger-km) was down 6.8%. Load factor increased 2.8% to 76.7%. Revenue fell 6.5% in the second quarter to £2.1 billion, and was down 8% for the first half at £4.15 billion. With the airline's recovery being cost rather than revenue driven, its cost reduction programme has seen operating expenditure down 15% in the second quarter at £1.85 billion.
This from Flight International Nov 5 2002:
Lufthansa has reported a 172% increase in operating profits for the first nine months of the year to €790 million ($790 million), exceeding its €500 profit forecast for the full financial year. Revenues rose by 2.7% to €12.6 billion, while net profit more than quadrupled from €65 million to €344 million. Lufthansa is now forecasting a full-year operating result of €700-750 million.
Lufthansa chairman and chief executive Jurgen Weber says: "In the deepest crisis of the aviation industry Lufthansa succeeded in protecting its group of companies against a serious threat to its very existence, maintaining the quality of its offerings at a high level, remaining profitable, and, as a result, securing jobs and even creating perspectives for the creation of new jobs."
Lufthansa warns it faces 'greater risks in the final three months the year. The stagnating economy, political instability and a decline in business travel'. It says the large union wage claims coupled with proposed tax plans of Germany's new government also threatens the airline's financial performance. Weber says: 'A whole wave of discriminations will hit German airlines if these plans are faithfully implemented.'
British Airways' second quarter pre-tax profits have increased to £245 million ($383 million) compared to a profit of just $5 million for the same period in 2001, which was badly affected by the fall-out of 11 September. Interim pre-tax profits have increased to £310 million for the six months from April to September 2002, compared to £45 million last year. The airline expects to return to profitability this year, after making a pre-tax loss of £200 million for the full year last year and an operating loss of £30 million. BA's second quarter operating profit increased from £72 million last year to £248 million, and first half operating profit was £406 million, compared to £284 million last year. The airline's capacity cuts have yielded a 10.1% reduction in available seat-km during the quarter, while traffic (revenue passenger-km) was down 6.8%. Load factor increased 2.8% to 76.7%. Revenue fell 6.5% in the second quarter to £2.1 billion, and was down 8% for the first half at £4.15 billion. With the airline's recovery being cost rather than revenue driven, its cost reduction programme has seen operating expenditure down 15% in the second quarter at £1.85 billion.
Monday, November 11, 2002
According to this article the small and mid size companies, typical of those we work with are getting squeezed out
From Aviation Week
Decisions on the sale of FAIRCHILD DORNIER, which were expected at the Nov. 5
meeting of the creditors' committee, have been delayed, Aviation Daily reports.
The next three to six weeks appear critical. In that period Administrator
Eberhard Braun said he plans to complete negotiations with Dimeling, Schreiber &
Park for the sale of the 328JET program and the product support division. He is
also negotiating with a Swiss aerospace company-believed to be RUAG aerospace-
for the AIRBUS components division. BASIC ELEMENT and IRKUTSK AIRCRAFT
PRODUCTION ORGANIZATION (IAPO) may no longer be the only consortia to make
formal offers. AVIATION FINANCE CONSULTING of Switzerland and former Fairchild
Dornier executive Earl Robinson have provided documents on financing. Braun
wants transactions to be completed by Jan. 1
Decisions on the sale of FAIRCHILD DORNIER, which were expected at the Nov. 5
meeting of the creditors' committee, have been delayed, Aviation Daily reports.
The next three to six weeks appear critical. In that period Administrator
Eberhard Braun said he plans to complete negotiations with Dimeling, Schreiber &
Park for the sale of the 328JET program and the product support division. He is
also negotiating with a Swiss aerospace company-believed to be RUAG aerospace-
for the AIRBUS components division. BASIC ELEMENT and IRKUTSK AIRCRAFT
PRODUCTION ORGANIZATION (IAPO) may no longer be the only consortia to make
formal offers. AVIATION FINANCE CONSULTING of Switzerland and former Fairchild
Dornier executive Earl Robinson have provided documents on financing. Braun
wants transactions to be completed by Jan. 1
Thursday, November 07, 2002
NEW LINES: AIC is now the world wide distributor for Avionix, a manufacturer of high quality back up altimeters and air speed indicators for the Corporate and regional markets. We are seeing a lot of interest in the product line from companies involved in upgrading older aircraft to meet the RVSM Reduced Vertical Separation Minimum requirements.