Sale of TRS Global Services to StandardAero

22 January 2020 – Alantra, a leading global investment bank and asset management firm, has advised TRS Global Services, LLC (“TRS”), a portfolio company of Tuckerman Capital, on the sale of its subsidiary, Turbine Repair Services Global Ireland Limited (“TRS Ireland” or the “Company”), to U.S. trade buyer StandardAero, one of the world’s largest independent providers of engine and airframe maintenance, repair, and overhaul (MRO) services, engine component repair, engineering services, interior completions, and paint applications. Alantra acted as exclusive financial advisor to TRS on the sale of TRS Ireland, a standalone business and independent subsidiary. The transaction closed on January 16, 2020 and the deal value was not disclosed.

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Boeing Statement on 737 MAX Return to Service

CHICAGO, Jan. 21, 2020 /PRNewswire/ — As we have emphasized, the FAA and other global regulators will determine when the 737 MAX returns to service. However, in order to help our customers and suppliers plan their operations, we periodically provide them with our best estimate of when regulators will begin to authorize the ungrounding of the 737 MAX.

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Bell Boeing CMV-22B Osprey Successfully Completes First Flight

Jan 21, 2020

The maiden flight of the first CMV-22B Osprey took place in Amarillo, Texas. Test pilots verified product requirements and airworthiness for the U.S. Navy. (Bell photo)

New U.S. Navy variant demonstrates tiltrotor capability

AMARILLO, Texas, Jan. 21, 2020 — The first CMV-22B Osprey, built by Boeing [NYSE: BA] and Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, completed first flight operations at Bell’s Amarillo Assembly Center. The CMV-22B is the latest variant of the tiltrotor fleet, joining the MV-22 and CV-22 used by the U.S. Marine Corps and U.S. Air Force.

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International Students to Speak with NASA Astronauts Aboard Space Station

 

Expedition 61 Flight Engineers Christina Koch and Jessica Meir
Expedition 61 Flight Engineers Christina Koch and Jessica Meir perform equipment lock configuration operations in the Quest Airlock in preparation for a spacewalk.
Credits: NASA

International students in Panama will have an opportunity this week to talk with NASA astronauts aboard the International Space Station. The Earth-to-space call will air live at 10:35 a.m. EST Friday, Jan. 24, on NASA television and the agency’s website.

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KVH Launches a new digital content service called KVH Link aimed at seafarers and commercial fleets

KVH Link builds on KVH’s experience in providing crew wellbeing and operations content using its patented IP-MobileCast delivery technology
MIDDLETOWN, RI – January 22, 2020 – KVH Industries, Inc., (Nasdaq: KVHI), announced today that it has launched KVH Link, a new digital content service that addresses two pressing needs in commercial maritime: News and entertainment content to improve crew wellbeing and operations data to optimize vessel performance.

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