"The rework process is going well - it's long, it's disciplined, but it's going well, our mechanics are learning a ton in the process.” Source: Boeing CEO David Calhoun>ĪNN's Daily Aero-Term (01.28.22): Flight Information Regionįlight Information Region An airspace of defined dimensions within which Flight Information Service and Alerting Service are provided. Make Sure You NEVER Miss A New Story From Aero-News Network Do you ever feel like you never see posts from a certain person or page on Facebook or Instagram? Here’s how you c>Īero Linx: International Federation of Air Traffic Controllers' Associations IFATCA is an international collective of air traffic controller associations. FMI: More News ANN FAQ: Turn On Post Notifications XCalibur has reportedly been claiming an interest in purchasing Textron for at least two years. Securities and Exchange Commission.įurther they also stated that, "Unless and until a valid tender offer is made, Textron does not expect to comment further regarding the actions of the purported offer." Textron urged investors to carefully scrutinize any communications from the purported offer and to rely only on tender offer materials, if any, that are properly filed with the U.S. As it has done previously, Textron has informed relevant authorities of this most recent fictitious offer." Textron further notes that in the past two years Textron has received other purported indications of interest from XCalibur, and each time XCalibur has been unable to provide details of its financial wherewithal. securities laws, including relevant filing and disclosure requirements. Textron believes that the purported tender offer is fictitious and is being made in violation of U.S. today responded to a purported tender offer by XCalibur Aerospace Ltd. Monday morning, they put of public statements, noting that, "Textron Inc. the bid apparently, isn't all that it might be - especially when you consider the fact that the price per share was overtly generous. home of Cessna, Beech, Bell and other aviation icons.īut. We saw an interesting news item this morning concerning a potential takeover bid for Textron. It also has a partial image of what appears to be a US regulatory filing showing an offer for Textron at $60.50 a share, above Tuesday’s $43.66 level.XCalibur Says They Want Textron For $60.50 Per Share Xcalibur Aircraft Solutions provides world-class service on a diverse range of aircraft platforms including. The company’s website describes the business as “an integrated provider of unmanned, hypersonic, single stage to orbit engineering capabilities and aircraft”. Xcalibur Aircraft Solutions LLC, Miami, Florida. “As it has done previously, Textron has informed relevant authorities of this most recent fictitious offer.” Textron further notes that in the past two years Textron has received other purported indications of interest from Xcalibur, and each time Xcalibur has been unable to provide details of its financial wherewithal. It added the offer “is being made in violation of US securities laws. Textron has issued a statement responding to what it called a “purported tender offer by Xcalibur Aerospace to acquire Textron’s common stock”. Textron, which has 37,000 employees worldwide, owns Bell helicopters, the Beechcraft and Cessna light aircraft businesses and is also a major supplier to the US military. Xcalibur, which is based in Pall Mall and appears to have just four staff according to Companies House filings, is apparently trying to acquire Textron, which is valued at almost $10bn. American aerospace and defence giant Textron has dismissed as “fictitious” an offer from mysterious London-based outfit Xcalibur Aerospace.
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