VNAV

Garmin unveils complete avionics modernization program for Cessna Citation CJ2

Retrieved on: 
Tuesday, March 19, 2024

OLATHE, Kan., March 19, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced an upcoming Federal Aviation Administration (FAA) Supplemental Type Certification (STC) for the Cessna Citation CJ2, creating an all-Garmin integrated solution for the popular light jet. As a complete upgrade for the original flight deck, Garmin's industry-leading avionics solutions will fully replace the legacy systems, modernizing the airplane and reducing pilot workload by bringing new capabilities and safety-enhancing technologies. The all-Garmin retrofit will include TXi™ flight displays, GTN™ Xi navigators, GFC™ 600 digital autopilot and several more optional upgrades.

Key Points: 
  • –Carl Wolf, Garmin Vice President of Aviation Sales and Marketing
    Specifically tailored to the CJ2 airframe and operator, the all-Garmin avionics upgrade program transforms the current fragmented avionics architecture to an integrated cockpit experience.
  • PlaneSync automatically downloads avionics database updates2 and leverages high-speed integration amongst the avionics to quickly synchronize updates across the displays.
  • The full retrofit solution in the Cessna Citation CJ2 is expected to be available in Q2 of 2024 through Garmin Authorized Dealer network.
  • Garmin plans to certify a similar avionics upgrade program for the Cessna Citation CJ1.To learn more, visit Garmin.com/CJ2 .

ESMA report finds EU MMF industry at close to €1.5tn

Retrieved on: 
Wednesday, February 8, 2023

ESMA report finds EU MMF industry at close to €1.5tn

Key Points: 
  • ESMA report finds EU MMF industry at close to €1.5tn
    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published its inaugural market report on European Union (EU) Money Market Funds (MMF).
  • With this report ESMA provides for the first time a comprehensive market-level view of EU MMFs, based on supervisory information collected by National Competent Authorities (NCAs) and ESMA.
  • The main findings included in today’s report are:
    - EU MMF sector: The EU MMF sector had €1.44tn of assets in 2021, with 89% of the funds domiciled in France, Luxembourg and Ireland.
  • MMFs authorised in other EU jurisdictions are VNAVs denominated in other EU domestic currencies and account only for a small fraction of assets.

Genesys Aerosystems Selected for HAL HINDUSTAN-228 Upgrade

Retrieved on: 
Thursday, May 5, 2022

Genesys Aerosystems, a Moog Inc. company (NYSE: MOG.A and MOG.B) announced that it has been selected by Hindustan Aeronautics Ltd. (HAL) for its HINDUSTAN-228 aircraft to provide the S-TEC 4000R Autopilot product.

Key Points: 
  • Genesys Aerosystems, a Moog Inc. company (NYSE: MOG.A and MOG.B) announced that it has been selected by Hindustan Aeronautics Ltd. (HAL) for its HINDUSTAN-228 aircraft to provide the S-TEC 4000R Autopilot product.
  • View the full release here: https://www.businesswire.com/news/home/20220505005432/en/
    The S-TEC 4000R Autopilot integrates seamlessly with the existing Genesys cockpit on the aircraft today.
  • It adds additional advanced functions not previously available in the HAL manufactured commuter aircraft fleet, expanding its mission profile and increasing operational safety.
  • We are pleased to partner with HAL to equip the HINDUSTAN-228 aircraft with expanded operational capabilities found in the S-TEC 4000R system," said Nick Bogner, Director of Business Development for Genesys Aerosystems.

Garmin announces an enhanced retrofit solution for select Pilatus PC-12 aircraft with the addition of TXi EIS

Retrieved on: 
Wednesday, October 6, 2021

Garmin International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that expanded engine monitoring capability will be available for select Pilatus PC-12/45 and PC-12/47 aircraft with the addition of the TXi Engine Indication System (EIS) display.

Key Points: 
  • Garmin International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that expanded engine monitoring capability will be available for select Pilatus PC-12/45 and PC-12/47 aircraft with the addition of the TXi Engine Indication System (EIS) display.
  • To assist with tracking maintenance activities, controlling operating costs and analyzing overall engine health, built-in engine data logging is included with TXi EIS.
  • Certification of the TXi EIS for select Pilatus PC-12/45 and PC-12/47 aircraft with Pratt & Whitney PT6-67B and PT6-67P engine support is expected to be available in the first half of 20221.
  • Additionally, the GFC 600 has been certified for select PC-12/45 aircraft, with certification for select PC-12/47 aircraft expected in the coming months.

ICD Data from March 2020 Shows Stable NAV Money Market Funds Work

Retrieved on: 
Tuesday, August 31, 2021

SAN FRANCISCO, Aug. 31, 2021 /PRNewswire/ --In its comments earlier this month to the Financial Stability Board's ( FSB ) Consultation Report on Policy Proposals to Enhance Money Market Fund Resilience, ICD shared trading data from its platform to show the relative strength of money market funds with stable net asset values (NAV).

Key Points: 
  • SAN FRANCISCO, Aug. 31, 2021 /PRNewswire/ --In its comments earlier this month to the Financial Stability Board's ( FSB ) Consultation Report on Policy Proposals to Enhance Money Market Fund Resilience, ICD shared trading data from its platform to show the relative strength of money market funds with stable net asset values (NAV).
  • ICD is an independent portal provider of institutional money market funds (MMFs) for treasury organizations, globally.
  • Among the money market fund proposals under consideration for further regulation is the elimination of stable NAV funds, or Low Volatility Net Asset Value (LVNAV) funds, the assets of which are valued at amortized cost.
  • ICD is treasury's trusted, independent portal provider of money market funds and other short-term investments.

Valair Aviation Promotes New Director of Technical Services

Retrieved on: 
Thursday, January 30, 2020

OKLAHOMA CITY, Jan. 29, 2020 /PRNewswire-PRWeb/ --Valair Aviation has promoted John Heiderstadt to Director of Technical Services.

Key Points: 
  • OKLAHOMA CITY, Jan. 29, 2020 /PRNewswire-PRWeb/ --Valair Aviation has promoted John Heiderstadt to Director of Technical Services.
  • "Valair Aviation is excited announce the promotion of John to the executive leadership team.
  • He's been a valuable member of Valair since 2012 and is the perfect leader to drive our technical services team to support the growth trajectory that Valair Aviation is on," says Wes Norris, Valair President.
  • John has received numerous technical achievement awards and recognition from ICAO, FAA, and NASA for work on LNAV/VNAV, GPS, WAAS, LAAS, LPV procedures and Space Shuttle landing systems.