Stock Purchase Agreement, dated December 6, 2011, between Supersonic Business Ventures, Inc., a Delaware corporation, (“SBV”), Delilah Wings Corp., a Delaware corporation, (“DWC”) and Sam Samson (“Samson”), (collectively the “Sellers”), and Fly-by-Night Aviation, Inc., a New York corporation (“Aviation”).
Recitals: (A) After the Closing, Aviation intends to enter into a one year contract with Roundhead Industries Corp. (“Roundhead”) to provide charter services for its executives. Aviation cannot enter the contract with Roundhead until the consummation of the transactions contemplated by this Agreement (y)“Fuel” means Jet Propellant 8 jet fuel.4
(z)“Holiday” means any of the days set forth in schedule 1.1(z) hereto.
(aa) “Inspection” has the meaning set forth in section 5.17.
(bb) “Inspector” has the meaning set forth in section 5.17.
(cc) “Knowledge” of the Sellers, with respect to each Seller, means the following: (i) DWC – the actual knowledge of Harriet Philistine (DWC’s president), without performing any independent investigation. (ii) SBV – the actual knowledge of SBV’s Executive Officers and the person designated as the “chief mechanic” under the Maintenance Agreement set forth in exhibit 1.1(ff) if they had performed a Diligent Investigation. (iii) Samson – actual knowledge if he had performed a Diligent Investigation.
(dd) “Laws” means all Federal, state, local, or foreign laws, rules and regulations.
This is the highest grade fuel that the “Engine” will run on. See http://www.aoc.noaa.gov/aircraft_g4.htm and http://en.wikipedia.org/wiki/JP-8 5
pressure, which majorly from the bill of material/parts cost of the Series 300 Dash 8 airplane; moreover, with the objective set by Boeing to cut 25% of the cost of parts supplied from all vendors, De Havilland was taking this opportunity to reduce parts expenditure, and achieve the economics of scale by negotiating longer term contracts with reduced number of suppliers. Tactic/Short term issue: To generate the next contract for the next term flap shrouds and bay doors supplies with optimized price and…
debut outside of the aviation world at the New York International Auto Show in April of 2012. Terrafugia intends to be the company that catalyzes the creation of a flying car industry. Product The Transition is a two place, fixed wing, street legal airplane which has been internationally heralded as the “first practical flying car”. It is designed to fit in a single car garage, be safely driven on the highway, and be flown in an out of general aviation airports. It brings a new level of freedom, flexibility…
Intervention at Boeing and Airbus Towards the beginning of aircraft manufacturing, Boeing and McDonnell Douglas stood as the leading aircraft manufacturers on a global scale. Working alongside the U.S. Department of Defense, Boeing received multiple contracts aiding the industry with tax breaks and infrastructure support. Meanwhile, Spain, France, Germany, and Britain formed an alliance to help start the second most leading aircraft manufacturer, Airbus. Since democratic socialism was the current system…
units. The annual cost of these repairs, resulting from the age of the fleet and the annual usage, is $2,000,000. Annual revenue is approximately $40,000,000. The company is losing contracts supporting the wars in Iraq and Afghanistan. With the level of violence subsiding, the government is not renewing existing contracts, which has significantly reduced revenue. The latest estimates are a 40% reduction in billings to the government. During the past six months, Williams Aero Flight Services has incurred…
manufactures, and sells airplanes, rotorcraft, rockets and satellites. It also provides leasing and product support services. Boeing is among the largest global aircraft manufacturers, is the second-largest defense contractor in the world based on 2013 revenue, and is the largest exporter in the United States by dollar value. Boeing stock is a component of the Dow Jones Industrial Average. The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft…
the world in aerospace manufacturing, engineering and information technology. Boeing ranks number 30, globally in fortune 500 companies. “Until 1958, more people crossed the Atlantic Ocean aboard ships than on airplanes. And fewer than 1 in 10 Americans adults had ever even been on an airplane. In the new book “Jet Age,” author Sam Howe Verhovek takes a look at how Boeing president Bill Allen and test pilot Tex Johnson changed everything by betting the company on the jet age.” Boeing Mission and Vision…
Prompt: Do we always have to be concerned about helping other people or is it sometimes better to be selfish? A silent panic showed on all the passengers of the airplane. They feared for their lives as the cabin was losing air. When the oxygen masks dropped down, general panic ensued. Each helped themselves to a mask, then helped those having trouble, just as they were directed. Because of quick and decisive action, their lives were spared. Selfishness is often the very means by which we…
more fuel-efficient and with the advanced high technological design such as a newer flight management system and liquid crystal displays (Velocci Jr. 2000). However, it takes time and money to develop a new airplane. For example, Airbus started to design their A380 in 1994 and the first airplane is only expected to be delivered to customers in 2006 (Mango 2006). This model will cost the company $10.7 billion to develop (Reinhardt, Rossant & Balfour 2000). Therefore, during the coming years, Boeing…
version of the 747, was also a solution for Boeing, which is what they actually did. Boeing 747 got an efficient make over to challenge A3XX. The new 747-8 may look like just another 747, but in addition to the new engines and swept wings, the new airplane is stretched more than 18 feet, increasing the volume by 16 percent. With the extra size and most importantly, extra efficiency Boeing may attract customers away from the Airbus A3XX. But with a first flight still ahead of them, Boeing has some catching…
