Model Airplanes

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Alcoa Inc. (NYSE:AA) engineers and manufactures lightweight metals worldwide. The company operates in five segments: Alumina, Primary Metals, Global Rolled Products, Engineered Products and Solutions, and Transport and Construction Solutions. As many have heard Alcoa intends to split itself in 2H with a spin-off of Arconic. Arconic will be the more downstream company with Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. Alcoa will retain its own name; and it will have the Alumina and Primary Metals businesses. If you wish a more thorough description, follow this link.

In Q2 2016 AA’s Net Income was $135 million (+$0.09/share); or excluding special items, it was $213 million (+$0.15/share). AA beat on adjusted EPS by $0.05/share at $0.15/share. It beat on revenues by $100 million at $5.3B. AA saw a +4% increase in revenues due to recent acquisitions and organic growth. However, it saw a -14% decrease in revenues due to lower aluminum and alumina prices and the impact of curtailed, divested, and closed operations, for a net revenues drop of -10% year over year.

The good news is that AA saw strong productivity gains of +$375 million year over year in total for its segments in Q2 2016. Split out these gains were $176 million for Arconic and $199 million for the Alcoa alumina, etc. part of the business.

Article source: http://seekingalpha.com/article/3988946-slapping-buy-sticker-alcoa-earnings

The story of Aston Martin is closely linked with Great Britain and the Second World War. During the conflict, the automaker’s factories were converted to build airplane parts.

Paying tribute to this past and to honour a Britannic legend celebrating its 80th birthday, Aston Martin launched a special version of its V12 Vantage S, the Spitfire 80. As the name implies, the car is a tribute to the Supermarine Spitfire, one of the most decorated planes of the Second World War.

Every car will be painted in Duxford Green, a shade unique to this model. The yellow accents on the coupe are an homage to the Spitfire, since the plane wore this colour on its wings. A company specialized in restoring vintage airplanes, Aircraft Restoration Company, will supply various bits, like the tailpipes. The inside of the cars are littered with nice touches, like the stickers near the door handles and the stitching in the headrests.

The car comes with a 5.9-litre V12 producing 565 horsepower.

The eight buyers who got one of these Astons will receive them in a museum telling the history of the Spitfire. They will also have a speech by a pilot who flew one of the legendary aircraft, and part of the 180,000 pounds ($307,000) asking price will go to a non-profit association.

Article source: http://www.guideautoweb.com/en/articles/38974/an-aston-martin-to-celebrate-the-supermarine-spitfire/

SEATTLE — Boeing’s 100th birthday highlighted the company’s history of technological breakthroughs and offered bold visions of its future — landing a man on Mars and supersonic travel.

The aerospace giant’s near-term future is much more focused on improving existing products and developing derivative versions.

The company’s prop planes, jetliners, rockets and satellites have changed how people travel, communicate, connect and perceive the world, Boeing chief executive and president Dennis Muilenburg told a crowd of 3,000 employees, retirees and relatives Friday.

His remarks were interrupted by the loud buzz of a Boeing Model 40C, which passed overhead and landed at Boeing Field, where the festivities were held. It is the oldest flying Boeing airplane. The Model 40 helped airmail boom in the late 1920s.

“Boeing has won for 100 years because of innovation, and we’re going to continue to win in our second century with innovation,” Muilenburg said.

Technology has changed everything at the company: the shape of airplanes, what they’re made of, how they’re made.

When Delaware Shields started at Boeing’s Plant 2 in Seattle in 1981, production looked much like it had when Boeing’s 707 ushered in the Jet Age in the 1950s. “We even clocked in by hand,” he said.

Today, the 57-year-old makes ceiling panels for airplane cabins in Everett.

The company’s Everett plant is leading the way for Boeing’s next jump in automating assembly.

Boeing leaders see automation as key to the company’s competitiveness in the future. The company’s strategy has two parts: building on existing strengths and finding new areas for

Article source: http://www.heraldnet.com/news/boeing-looks-to-the-future-while-celebrating-its-centennial/