Model Airplanes

MOSCOW –  An airliner carrying 62 people from Dubai crashed early Saturday while landing in the southern Russian city of Rostov-on-Don in strong winds, killing all aboard, Russian officials said.

A list published by the Emergencies Ministry showed the 737-800 was carrying 55 passengers and seven crew members, whose nationalities were not immediately confirmed. Igor Oder, head of the Emergencies Ministry’s southern regional operations, said in a televised briefing that all had been killed.

The plane belonged to the budget carrier FlyDubai.

In a statement, the budget carrier confirmed that flight FZ981 crashed on landing and said that there are fatalities.

“We are doing all we can to gather information as quickly as possible. At this moment our thoughts and prayers are with our passengers and our crew who were on board the aircraft,” the airline said.

Vasily Golubev, the governor of the Rostov region some 950 kilometers (600 miles) south of Moscow, was quoted by Russian news agencies as telling local journalists that the plane crashed about 250 meters (800 feet) short of the runway. News reports said the plane caught fire after the crash.

The cause of the crash was not immediately determined, but Golubev said: “By all appearances, the cause of the air crash was the strongly gusting wind, approaching a hurricane level.”

State news agency Tass said weather data from the area indicated that winds were anywhere from 14 to 22 meters per second (30-50 miles per hour) at the time of the crash and that there was light rain.

Ian Petchenik, a

Article source: http://www.foxnews.com/world/2016/03/19/airliner-from-dubai-crashes-while-trying-to-land-at-russian-airport-officials-say.html

By Andrea Widjaja Ing Gum Chew and Amos Leow

• Current Price (as of Mar 10, 2016): $218.39
• Market Capitalization: $11.6 billion
• Enterprise Value: $19.2 billion
• EV/EBITDA ((NYSE:TTM)): 15.5x
• Revenues: $2.82 billion

Investment Thesis Recommendation

We believe a culmination of factors have resulted in an attractive investment opportunity in Transdigm Group Inc.’s stock: These reasons include:

(1) TDG has been hammered by an aerospace-wide selloff over fears of falling demand for air travel and lower aircraft production; we think this is unwarranted as the widely believed correlation between economic growth and air travel has become decoupled in recent years while aircraft production concerns were mostly overshadowed by Boeing’s poor Q1 2016 results.

(2) The company has been harshly punished for its recent poor performance in the Commercial Aftermarket ((NYSE:AM)) segment after announcing its Q1 earnings, but this is unfair given that revenues have historically been lumpy across quarters – we do not see a protracted fundamental slow-down in this segment and expect growth to rebound by end-2016.

(3) After many years of acquisitions, the market appears to have forgotten TDG’s capacity to drive organic growth through the strength of its core business and squeeze out margin expansion from its completed acquisitions over time.

As such, we recommend buying TDG immediately with an implied ROI of 20.0% in the base case.

Company Overview

TDG is a leading global designer and producer of aircraft components for use in nearly all commercial and military aircraft in service today. Founded in 1993, the

Article source: http://seekingalpha.com/article/3958580-long-case-transdigm-group

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Article source: http://www.prnewswire.com/news-releases/casio-g-shock-to-release-limited-edition-mr-g-300237124.html