Beechcraft King Air

BUTLER NATIONAL CORPORATION ANNOUNCES FIRST QUARTER FISCAL YEAR 2024 FINANCIAL RESULTS

Retrieved on: 
Thursday, September 14, 2023
Federal Aviation Administration, Financial Instruments and Exchange Act, Advertising, Professional services, DraftKings, Marketing, Camp Butler National Cemetery, Risk, Aerospace Education Services Project, Sale, Certification, FAA, Kansas Lottery, Beechcraft King Air, Acquisition, Nature, Annual report, An Act to exempt a particular class of securities from the Securities and Exchange Act, Engineering, Depreciation, Security (finance), Airline, Resort, Learjet, Aerospace

OLATHE, Kan., Sept. 14, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the first quarter fiscal 2024 ended July 31, 2023. 

Key Points: 
  • First quarter fiscal 2024 net income was $719 compared to a net income of $431 in the first quarter fiscal 2023.
  • First quarter fiscal 2024 operating margin was 7% compared to 11% in first quarter fiscal 2023.
  • Butler National companies, Avcon Industries, Inc., Butler Avionics and Butler National Tempe, in the Aerospace Products segment, concentrate on Learjet, Beechcraft King Air, Caravan, Gulfstream, and Cessna turbine engine aircraft, as well as electronic controls.
  • It is important to note that any such performance and actual results, financial condition or business, could differ materially from those expressed in such forward-looking statements.

BUTLER NATIONAL CORPORATION ANNOUNCES FISCAL YEAR END 2023 FINANCIAL RESULTS

Retrieved on: 
Monday, July 31, 2023
Federal Aviation Administration, Financial Instruments and Exchange Act, Advertising, Professional services, Professional, Marketing, Risk, Fiscal, STC, Cessna 208 Caravan, FAA, Certification, Beechcraft King Air, Acquisition, Nature, Annual report, An Act to exempt a particular class of securities from the Securities and Exchange Act, Engineering, Depreciation, Security (finance), Aircraft, Beauty salon, Learjet, Aerospace

NEW CENTURY, Kan., July 31, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the fiscal year ended April 30, 2023. 

Key Points: 
  • I am appreciative of all the Butler National Team members for their contributions in achieving the results for Fiscal Year End 2023.
  • Costs were 70% of segment total revenue in fiscal 2023, compared to 65% of segment total revenue in fiscal 2022.
  • Aerospace Products had an operating income of $65,000 in fiscal 2023 compared to an operating income of $6.2 million in fiscal 2022.
  • Costs were 40% of segment total revenue in fiscal 2023, compared to 37% of segment total revenue in fiscal 2022.

Textron Aviation Enhances Passenger Comfort With CoolView Windows in Beechcraft King Air Turboprops

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Thursday, July 20, 2023
Automotive, Manufacturing, Professional Services, Other Energy, Other Automotive, Other Defense, Defense, Insurance, Energy, Finance, Chemicals, Plastics, Beechcraft, Aviation, Textron Aviation, Multimedia, Aircraft, Beechcraft King Air, Sunlight, Textron, 2000 Australia Beechcraft King Air crash, GLARE, Environment, Flight operations quality assurance, NYSE, Airline

Textron Aviation today announced a noteworthy upgrade for its Beechcraft King Air 260 and 360 turboprops with the introduction of new CoolView® windows to minimize heat transfer into the cabin on the ramp and offer an unprecedented level of passenger comfort and cabin cooling.

Key Points: 
  • Textron Aviation today announced a noteworthy upgrade for its Beechcraft King Air 260 and 360 turboprops with the introduction of new CoolView® windows to minimize heat transfer into the cabin on the ramp and offer an unprecedented level of passenger comfort and cabin cooling.
  • (Photo: Business Wire)
    The Beechcraft King Air turboprop is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.
  • “The inclusion of CoolView windows in the Beechcraft King Air turboprops is a testament to our commitment to passenger comfort and our responsiveness to their ideas.”
    The CoolView windows also feature a frost pane with an integrated window tint.
  • Combined with Textron Aviation's standard Electric Air Conditioning System with Ground Cooling in the King Air 360, the CoolView windows will help provide customers with a cool and comfortable cabin environment, even in challenging ramp conditions.

Revolutionary Garmin Autoland and Autothrottle to become available for retrofit installations in select Beechcraft King Air aircraft

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Wednesday, July 19, 2023
Federal Aviation Administration, Beechcraft, Beechcraft Denali, Database, SVT, Garmin, Altitude, GRMN, ESP, Beechcraft Super King Air, Friends, Internet, Aviation, 3D, Torque, Airport, TBM, AP, Aircraft, Blog, Beechcraft King Air, Government, Certification, FAA, Ice, G1000, Honda HA-420 HondaJet, Workload, Weather, 2014 Wichita King Air crash, ATC, GDL, Nintendo Wi-Fi Connection, EDM, 2018 UY Aviation King Air C90 crash, ITT, Environment, Family, Cirrus, NYSE, LTE, Satellite navigation device, Airline, Instrumentation, Mobile phone, Air cargo, Autoland, Autothrottle

OLATHE, Kan., July 19, 2023 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced imminent Federal Aviation Administration (FAA) certification to bring Garmin Autoland and Garmin Autothrottle to the retrofit market, starting with select G1000® NXi-equipped King Air 200 series aircraft, and soon after, select King Air 300 series. This year marks the 50th anniversary of the King Air 200, and the latest Garmin safety-enhancing technology is now available to this venerable aircraft. The certification marks the first time Garmin Autoland and Autothrottle have been offered as a retrofit solution, as well as the first certification with G1000 NXi. Full Autothrottle integration with the G1000 NXi reduces crew workload in the cockpit by managing aircraft speed and power and provides engine protection against potential engine exceedances. In the event of an emergency where the crew can no longer perform their duties, Garmin Autoland can control and land the aircraft without human intervention1.

Key Points: 
  • This year marks the 50th anniversary of the King Air 200, and the latest Garmin safety-enhancing technology is now available to this venerable aircraft.
  • The G1000 King Air retrofit program was launched in 2007, initially on the King Air C90, with now over 800 G1000 retrofits in the King Air fleet.
  • Garmin Autoland and Autothrottle are planned to be available in the third quarter of 2023 for retrofit installations through the approved Garmin Authorized Dealer network for King Air 200 G1000 NXi installations.
  • Garmin Autoland and Autothrottle are expected to be available for King Air 300 series aircraft in 2024.

McCauley’s new high-performance propeller for Beechcraft King Air B300 series achieves FAA certification

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Thursday, July 13, 2023
Other Defense, Contracts, Other Energy, Professional Services, Energy, Defense, Insurance, Chemicals, Plastics, Automotive Manufacturing, Finance, Aerospace, Manufacturing, Beechcraft, Federal Aviation Administration, McCauley Propeller Systems, Authorization, Beechcraft King Air, Noise, Aluminium, Multimedia, Certification, FAA, NYSE, Textron, McCauley, Aircraft, 3D printing, Airline

McCauley Propeller Systems announced today that its newest C780 propeller for the Beechcraft King Air B300 series, featuring four aluminum swept blades and a 105-inch diameter, has successfully achieved certification from the Federal Aviation Administration (FAA).

Key Points: 
  • McCauley Propeller Systems announced today that its newest C780 propeller for the Beechcraft King Air B300 series, featuring four aluminum swept blades and a 105-inch diameter, has successfully achieved certification from the Federal Aviation Administration (FAA).
  • View the full release here: https://www.businesswire.com/news/home/20230713365882/en/
    McCauley Propeller Systems' newest C780 propeller for the Beechcraft King Air B300 series features four aluminum swept blades and a 105-inch diameter.
  • The new high-performance propeller offers King Air B300 operators additional payload, increased takeoff and climb performance, reduced noise in the cabin and cockpit and greater time between overhauls.
  • “The McCauley C780 is a new, lightweight, scimitar blade design propeller that enhances the already legendary King Air flying experience,” said Heidi McNary, vice president and general manager, McCauley Propeller Systems.

flyExclusive Awarded Part 145 Certification

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Wednesday, May 31, 2023
Other Travel, Air, Transportation, Transport, Travel, Federal Aviation Administration, Maintenance, Gulfstream IV, Southeastern United States, Paint, Dassault Falcon 900, Part, Beechcraft King Air, Certification, FAA, Code, SVP, MRO, Airline, Maintenance (technical), Bombardier, Citation, Hawker

The certification authorizes flyExclusive to perform maintenance, repair, paint, interior, and avionics services on third-party aircraft in addition to its own fleet of 95 jets.

Key Points: 
  • The certification authorizes flyExclusive to perform maintenance, repair, paint, interior, and avionics services on third-party aircraft in addition to its own fleet of 95 jets.
  • Part 145 Certification covers flyExclusive’s MRO division, which operates 24 hours a day, 7 days a week, with the objective to perform repairs overnight to optimize aircraft uptime.
  • “Part 145 certification is a key component of our vertical integration efforts.
  • flyExclusive has vertically integrated the avionics shop all the way through building the wire harnesses in-house.

Nathan Rock Appointed as Director of Sales at Raisbeck Engineering

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Monday, May 15, 2023
Textron, Empire Airlines, Caravan, Aviation, Maintenance, Growth, Spirit, Beechcraft King Air, Engineering, Spirit AeroSystems, Sales, Airline, Raisbeck

SEATTLE, May 15, 2023 /PRNewswire/ -- Raisbeck Engineering is pleased to announce the appointment of Nathan Rock as the new Director of Sales.

Key Points: 
  • SEATTLE, May 15, 2023 /PRNewswire/ -- Raisbeck Engineering is pleased to announce the appointment of Nathan Rock as the new Director of Sales.
  • Nathan brings to Raisbeck Engineering over 20 years of experience in a combination of aviation maintenance and sales, having previously worked for leading aerospace and defense companies.
  • "Nathan's impressive track record in sales and his deep understanding of the aerospace industry make him the ideal candidate to lead our Caravan sales," said Hal Chrisman, President of Raisbeck Engineering.
  • "I am honored to be joining the Raisbeck Engineering team and excited to take on this new challenge," said Nathan.

Wheels Up Announces New Member Programs, Service Areas

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Tuesday, May 9, 2023
Maintenance, Travel, Habit, Air Partner, Mississippi River, Overalls, Light, Beechcraft King Air, NYSE, Wheel, Airline, Briffa

NEW YORK, May 9, 2023 /PRNewswire/ -- Wheels Up Experience (NYSE: UP), the leading on-demand charter operator in the United States, today announced redesigned programs to better serve its members and customers with tailored private aviation solutions that will feature industry-leading pricing and an enhanced flight experience and member service in its primary operating areas.

Key Points: 
  • Under the new programs, Wheels Up will create two primary service areas – one East of the Mississippi River with parts of Texas and one focused in the Western region of the country.
  • Wheels Up will continue to serve destinations outside of these primary service areas by leveraging the charter capabilities of its Air Partner subsidiary and our partner network.
  • These two denser service networks should also drive an improved member and customer experience through faster recovery times, better on-time performance and reduced operational complexity.
  • "Wheels Up was founded on a commitment to world-class service and an extraordinary member experience," continued Briffa.

BUTLER NATIONAL CORPORATION ANNOUNCES THIRD QUARTER FISCAL YEAR 2023 FINANCIAL RESULTS

Retrieved on: 
Thursday, March 16, 2023
Federal Aviation Administration, Financial Instruments and Exchange Act, Advertising, Professional services, DraftKings, Marketing, Electronics, Camp Butler National Cemetery, Risk, Aerospace Education Services Project, Sale, Certification, FAA, Kansas Lottery, Beechcraft King Air, Acquisition, Nature, Annual report, An Act to exempt a particular class of securities from the Securities and Exchange Act, Engineering, Depreciation, Security (finance), Airline, Service, Learjet, Aerospace

OLATHE, Kan., March 16, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the third quarter fiscal 2023 ended January 31, 2023.  The Company will defer the conference call for the quarter to a planned fiscal year end results call following the filing of the Company's Form 10-K.

Key Points: 
  • Revenue increased 16% to $20.5 million in the three months ended January 31, 2023, as compared to $17.6 million in the three months ended January 31, 2022.
  • Third quarter fiscal 2023 net income was $2.0 million compared to a net income of $2.7 million in the third quarter fiscal 2022.
  • During the three months ended January 31, 2023, we invested approximately $ 578  in the development and acquisition of new products.
  • Butler National companies, Avcon Industries, Inc., Butler Avionics and Butler National Tempe, in the Aerospace Products segment, concentrate on Learjet, Beechcraft King Air, Cessna turbine engine aircraft, as well as electronic controls.

Textron Aviation Special Missions Beechcraft King Air 260 chosen as new U.S. Navy Multi-Engine Training System (METS)

Retrieved on: 
Thursday, February 16, 2023
Other Defense, Professional Services, General Automotive, Automotive, Defense, Insurance, Chemicals, Plastics, Air, Transport, Finance, Aerospace, Manufacturing, Aircraft, NAVAIR, Beechcraft King Air, Government, United States Coast Guard, E-2, AOA, T-44, Naval Air Systems Command, Radio, Textron Aviation, EP-3, Aviation, METS, E-6, MV-22, Student, Pegasus, CV-22, ISR, Beechcraft, Multimedia, United States Marine Corps, Virtual reality, TACAN, P-8, VA-42 (U.S. Navy), Airline, Atmosphere of Earth, United States Navy

View the full release here: https://www.businesswire.com/news/home/20230215005839/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230215005839/en/
    Beechcraft King Air 260 Multi-Engine Training System (METS) T-54A for the U.S. Navy (Photo: Business Wire)
    The contract award is for up to 64 King Air 260 aircraft, which will be known as the T-54A.
  • The initial Lot I award will procure 10 new Beechcraft King Air 260 commercial aircraft and associated support.
  • The Beechcraft King Air 260 aircraft acquired under the METS contract will replace the Chief of Naval Air Training (CNATRA) fleet of T-44C Pegasus aircraft.
  • “We are honored the U.S. Navy has again selected the Beechcraft King Air to fulfill its training needs,” said Bob Gibbs, vice president, Special Missions Sales for Textron Aviation.