Pentagon 2000 Software is on hand here in Las Vegas (Booth No. C9426) to demonstrate its “enterprise resource planning” software for the aerospace industry. “At this year’s exhibits, we [are] fully staffed to meet with both existing customers and new prospects,” company president Gabriel Mofaz, told AIN. “We [are] showing the full set of Pentagon 2000SQL system capabilities, and we have some new e-commerce and mobile applications that will be attractive to attendees.”
Nasdaq’s listing qualification panel removed Great Lakes Aviation from its SmallCap Market index on August 14 after denying the airline’s appeal for an exemption. On August 1 Great Lakes submitted oral and written presentations to the Nasdaq panel, including a financial restructuring plan aimed at returning it to compliance with the market’s listing criteria.
Somewhat lost in the shuffle of recent events, NBAA and the General Aviation Manufacturers Association (GAMA) have released the second part of a study of how the use of business aircraft affects shareholder value.
Health and security assistance provider MedAire disclosed that its two largest shareholders have reached a letter of agreement “outlining mutual goals and strategies in relation to the direction and control of MedAire” that would effectively place control of the company in the hands of its largest competitor, International SOS (ISOS).