Precision Turbines, Inc.
Wed, Jan 30, 2013                                                 Volume 6, Issue 3

SAMPLE OF PRECISION TURBINES AVAILABLE ENGINE INVENTORY 


ENGINE             TSN          CSN        TSO       REMAINING       STATUS                  

PT6A-28          6294.9       7778       4455.9    ZERO               SALE

PT6A-28          6288.2      7721        2779.2     820                 SALE

JT15D-4/4B       3530.6     2136        71         3429                 SALE
 
JT15D-4B         7782          8121     1428          2072             SALE OR LEASE

Call 561-447-0032 for details on our inventory of serviceable PT6A engines   


*Precision Turbines is an ASR (Authorized Sales Representative) for Sierra Industries and specializes in Citation and King Air Engine retrofits. 
 

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Precision Turbines Receives JT15D-4B STC 

Boca Raton, Florida-based Precision Turbines has achieved its first supplemental type certificate for Citation II operators, which allows the company to replace Pratt & Whitney Canada JT15D-4 engines with JT15D-4B engines without time limits...Read More

 

Boeing Reports Higher-Than-Expected Q4 Earnings

Boeing today announced a fourth-quarter profit that exceeded expectations. The aircraft manufacturer reported earnings-per-share of $1.28, beating estimates of $1.19 by analysts. Boeing also reported earnings of $22.3 billion for the quarter.....Read More

 

AMR CEO Discusses His New Role In A Merger, Sources Say

Tom Horton, the CEO of AMR Corp., is in discussions about his new role if American Airlines merges with US Airways, sources say. Horton could become chairman of the board or assume another position within the merged company. US Airways Chairman and CEO Doug Parker would likely take the reins of the merged company as CEO, this feature says...Read More

 

NTSB: No Cause Yet For Boeing 787 Battery Fire

The National Transportation Safety Board said Tuesday that it was working on a detailed investigation of the causes of the lithium-ion battery fire that took place aboard a Boeing 787 Dreamliner in Boston but does not have any answers yet. The board also said that U.S. Naval Surface Warfare Center are examining a second, undamaged battery taken from the same plane...Read More

 

A Merger Of American Airlines, US Airways Could Be On The Horizon, Sources Say

After months of courting, the time is drawing near for American Airlines to decide whether to pursue a merger with US Airways, a deal that would have vast consequences for employees, travelers and the region...Read More

 

Transportation Secretary Ray LaHood To Resign

Ray LaHood on Tuesday said he will not serve a second term as U.S. Transportation Secretary...Read More

 
Disturbing Likely Cause Of Cirrus SR20 Crash

The Cirrus SR20 that deployed its whole airplane recovery parachute last week in Danbury, Connecticut, did so after making a classic mistake that continues to top the list of general aviation accident causes...Read More

 

JetBlue Reports Q4 Profit

JetBlue Airways has announced fourth-quarter earnings of $1 million despite the effect of Hurricane Sandy. JetBlue says it plans to increase capacity by 5.5% in the first quarter and 7.5% for the full year...Read More

 

Avantair Rebounds, Hires New COO

Clearwater, Fla.-based Piaggio Avanti fractional operator Avantair says that its flight and maintenance operations have fully recovered from a three-week voluntary standdown that ended in November. Further, it has closed a second round of funding since the grounding and hired a new COO...Read More

 

Union Representing American Ailines Workers Agrees to MOU

The Transport Workers Union of America, which represents mechanics and other workers at American Airlines, agreed to a memorandum of understanding if the carrier merges with US Airways. The workers represented by the union would receive a 4.3% raise if a merger occurs. AMR Corp., the parent company of American Airlines, filed for bankruptcy in 2011...Read More

 

Investigation Into Boeing 787s Continues

A monitoring system has become the focus of an investigation into the Boeing 787s. Japanese officials, who are conducting a joint investigation with the U.S., on Monday were to examine Kanto Aircraft Instrument, which "makes a system that monitors voltage, charging and temperature of the lithium-ion batteries," this feature says....Read More

 

Bizjets Currently Not Flying With Lithium Batteries

The Cessna Citation CJ4 is currently the only business jet certified with (but no longer flying with) a lithium-ion main-ship battery, using lithium-iron phosphate, not the lithium-cobalt oxide battery found on the Boeing 787, which is currently grounded in the wake of battery fires. FAA special conditions were issued for certification...Read More 

 

Hawker Beechcraft Creditors Approve Reorganization Plan

According to Hawker Beechcraft, its creditors voted "overwhelmingly" to approve its reorganization plan. The company will receive $600 million in exit financing that will come in the form of a term loan and revolving line of credit. "The reorganized Beechcraft Corporation will emerge from this process in a strong operational and financial position, with the working capital and flexibility to execute a strategy building...Read More

 

Delta Air Lines Improved On-Time Performance for 2012

Delta Air Lines boosted its on-time performance during 2012, achieving the fourth-highest on-time rate through November out of 15 U.S. airlines. In 2010, Delta ranked 15th out of 18 U.S. airlines...Read More

 

American Eagle Will Turn To Large Regional Jets, CEO Says

Dan Garton, president and CEO of American Eagle, told employees Thursday that the carrier "is on track to achieve our own business plan, which projects the replacement of our smaller jets with larger equipment." Parent company AMR Corp. recently selected Republic Airlines to operate some regional flights from Chicago...Read More

 

US Airways, Flight Attendants Tentatively Agree On Merger Deal

The union representing US Airways flight attendants has reached a tentative deal with the carrier that outlines contracts in case of a merger with American Airlines. The Association of Flight Attendants represents 6,800 flight attendants at US Airways...Read More

 

Bombardier Caps Off Successful Year For Q400 Aircraft Program

Bombardier reports that it wrapped up a successful year in 2012 with up to $2.7 billion US in orders including 50 firm orders and 31 option aircraft, while welcoming seven new customers, operators and leasing companies, for its Q400 and Q400 NextGen aircraft program...Read More

 

Boeing Delvers Indian AF's 1st C-17 To Flight Test

The first of 10 C-17 Globemaster III airlifters for the Indian Air Force (IAF) has been delivered by Boeing. The aircraft will now enter a U.S. Air Force flight test program at Edwards Air Force Base in Palmdale, CA. Boeing is on track to deliver four more C-17s to the IAF this year and five in 2014...Read More

 

Cause Of C-17 Landing At Too-Small Airport

The Air Force has concluded its investigation into an incident last July when a C-17 Globemaster III landed at the wrong airport. And the reasons for the mistake, according to a report that resulted from the Air Force investigation and published by the Tampa Bay Tribune, went beyond simple human error...Read More

 

Embraer Is Chosen To Supply American Eagle Aircraft

American Airlines' regional carrier selected Embraer for a jet order worth as much as $4 billion. If the deal is approved by bankruptcy court, Republic Airways Holdings will operate the 76-seat aircraft under the American Eagle brand...Read More 

 

United Continental CEO Remains Upbeat About Dreamliner

Jeff Smisek, CEO of United Continental Holdings, is expressing his continued confidence in the Boeing 787 Dreamliner and its popularity with fliers. "The aircraft is a terrific aircraft, and customers love the aircraft, and I have no doubt that customers will flock back to that airplane once we're able to get it back up again," Smisek said...Read More

 

Southwest Posts Q4 Net Income Of $78M

Southwest Airlines reported net income of $78 million and revenue of $4.17 billion for the fourth quarter. The carrier also achieved its 40th year in a row of profitability in 2012, which CEO Gary Kelly said was "a remarkable feat and a record unmatched in the airline industry."...Read More

 

United Posts Q4 Results

United Continental Holdings reported a net loss of $620 million for the fourth quarter. "While we didn't meet our revenue goals in 2012, we have addressed the integration issues that drove our underperformance," said Jim Compton, vice chairman and chief revenue officer...Read More

 

US Airways Reports Record Results For 2012

US Airways reported earnings of $46 million in the fourth quarter, as well as a record annual profit of $537 million for 2012. "I've been in the airline business now for 26 years, and been the CEO for over 11 of those. This is unquestionably the best all-around performance I've seen by an airline team. We're extremely well-prepared for whatever may lie ahead," said CEO Doug Parker...Read More

 

United Technologies 4th-Quarter Profit Drops But Higher Aerospace Sales Lifts Revenue

United Technologies Corp. posted a 26 percent drop in fourth-quarter net income from continuing operations on Wednesday due to one-time items including restructuring costs and completing its $18.4 billion Goodrich acquisition...Read More

 

Boeing Increases 737 Production Rate 

Boeing is now assembling its 737 Next-Generation planes at a rate of 38 per month, the company said Tuesday...Read More

 

Industry To Address Looming Technician Shortage

As the economy slowly improves, the industry is again experiencing a shortage of technical personnel, and many MROs are finding that the demand for service exceeds their capacity to provide it. Chicago-based AAR has gone on the road recruiting for 200 technical positions in the Duluth, Minn. facility, and Premier Aviation of Trois-Rivieres, Canada, is also feeling the pinch...Read More

 

U.S. Airlines' Employment Dropped In November

Employment at U.S. airlines dipped by 2% in November 2012 compared to November 2011, according to data from the Department of Transportation. Airlines employed 381,639 full-time-equivalent employees in November 2012, compared with 389,361 in November 2011...Read More

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

All contacts, comments, and inquires will be reviewed immediately. You will have a response from our company principal, Robert Spahr, just as soon as feasibly possible.

 

 

Inquiries- Phone: 561.447.0032 | Fax: 561.447.0751

 

 

For Worldwide Sales contact Bob Clyman or Jeff Raines