SpeedNews

LOAR HOLDINGS had $9.9m net income on $189m sales in 1H24 vs $6.9m net loss on $148m in 1H23.

VS AVIATION (Vance Street Capital) has acquired AVIATION PRODUCTS SYSTEMS (APS), IL (wheel/brake components).

UNICAL AVIATION opened European USM sales and support office in UK.

THE WEATHER COMPANY, GA was selected by US-based Breeze Airways as partner to provide its Fusion global weather and flight tracking solution.

CAE had C$48.3m net income on C$1.07b revenues for first quarter ended June 30 vs C$65.3m on C$1.01b a year ago. Civil Aviation earned C$89.8m on C$588m vs C$105.6m on C$540m and delivered eight FFSs vs six a year ago.

GARMIN announced FAA certification for Runway Occupancy Awareness (ROA) software solution with SURF-IA technology for G1000 Nxi-equipped Cessna Caravan; system uses ADS-B traffic to alert crew of potential runway incursions.