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Aerospace/Defense - Major Diversified
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Aer Arann

Aer Arann

Island-hopping Aer Arann provides scheduled passenger transportation service to more than 25 destinations, primarily in Ireland and the UK but also in Northern France. Most of its flights originate from Cork, Dublin, or Galway. The carrier operates a fleet of about a dozen ATR 72-500 turboprop aircraft, which were chosen in part for their fuel efficiency. Chairman Padraig O'Ceidigh owns a controlling stake in the company, which he acquired in 1994. Aer Arann began operations in 1970 to fly between Galway and the Aran Islands, off Ireland's western coast.

GRUPO TACA

GRUPO TACA

From Canada to Chile, airline TACA (Transportes A鲥os Centroamericanos) bridges the Americas. The carrier serves about 30 cities throughout Central and South America and the Caribbean, as well as about 10 cities in North America. It operates a fleet of about 40 jets, mostly Airbus models, from hubs in Peru, Costa Rica, and El Salvador. It maintains code-sharing relationships with carriers such as Iberia and United Airlines. (Code-sharing allows airlines to sell tickets on one another's flights and thus extend their networks.) Founded as an air cargo carrier in 1931, TACA is owned by the family of CEO Roberto Kriete. In October 2009 TACA announced it would be taken over by Columbia-based carrier Avianca.

Williams International Co. L.L.C.

Williams International Co. L.L.C.

Williams International is the world leader in the development, manufacture and support of small gas turbine engines. The privately owned company is headquartered in Walled Lake, Michigan.A second facility, located in Ogden, Utah, is the most modern and efficient gas turbine design-to-production facility in the world. Williams continues to expand its development, test, production, product support and customer service capabilities at both facilities. The result has been a steady well-planned growth since 1955 into a large, versatile organization.

Foam Matrix, Inc.

Foam Matrix, Inc.

Foam Matrix makes composite parts and assemblies for aerospace companies. Typical applications include unmanned aerial vehicle (UAV) wings, tails, and control surfaces. Specifically, the company has made fins for the Pegasus launch system as well as wings, elevons, and tails for the Joint Air Surface Standoff Missile. Foam Matrix also has supplied material for use in surfboards, sailboards, and wind turbine blades. The company's technology allows for the creation of molded products without having to assemble multiple pieces, which makes for lower cost manufacturing. President Kent Sherwood founded the company in 1994.

Avro plc

Avro plc

Avro finds folks charter flights to their preferred destination. Visitors to the company's Web site can search for charter flights by destination, price, or special offers. The company also arranges car rentals, hotel accommodations, travel insurance, and airport parking. Avro, which caters to travel agents and others in the travel business, sells more than one million charter seats a year. Avro is part of the Monarch Travel Group, which includes Monarch Airlines.

Spirit Airlines, Inc.

Spirit Airlines, Inc.

Spirit Airlines aims to lift the spirits of people seeking sunshine: The low-fare carrier makes connections between major US cities and popular vacation spots in Florida, the Caribbean, and Latin America. Overall, Spirit Airlines serves more than 40 destinations. It operates a fleet of about 30 Airbus 319s, 320s, and 321s. In addition to offering scheduled passenger service, the company works with partners in the travel industry to sell vacation packages through its Web site. Investment firm Indigo Partners, an aviation industry specialist, owns a majority interest in Spirit Airlines, which was founded in 1980 as Charter One.

Icelandair Group

Icelandair Group

Icelandair Group, listed on the NASDAQ OMX Iceland as ICEAIR, is a holding company with 12 independent subsidiaries focused on the airline and tourism sectors. The Group has two main business areas, Scheduled Airline and Tourism and Capacity Solutions. Iceland is the focus of Scheduled Airline and Tourism, with the international airline Icelandair, Icelandair Ground Services (IGS) Icelandair Cargo, Iceland Travel, Air Iceland and Icelandair Hotels. Capacity Solutions offer broad worldwide aviation services with Loftleidir Icelandic, Travel Service, SmartLynx, Bluebird Cargo, and Icelease. The Group's financial services are handled by Fjarvakur.Icelandair Group owns and operates profitable and dynamic travel and transport companies delivering safe, reliable and convenient services. We create value for our customers, employees and shareholders by focusing on customer needs, efficient service delivery and unique and superior value propositions. We invest in strong, profitable travel and transport companies with high potential for growth and future value creation.

AS Estonian Air

AS Estonian Air

The airline AS Estonian Air serves destinations throughout Western and Eastern Europe. Including the planes flown by subsidiary Estonian Air Regional, the carrier operates a fleet of some 10 Boeing and Saab aircraft. The company offers scheduled passenger services to about 20 European destinations and charter passenger transportation to more than 50. It also offers cargo transport and handling services for third-party airlines. The Estonian government owns a third of the carrier. Scandinavian airline SAS owns about half of Estonian Air but announced plans in early 2009 that it plans to divest its 49% stake.

CAE Inc.

CAE Inc.

CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1.6 billion, CAE employs more than 6,500 people at more than 75 sites and training locations in 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 29 civil aviation and military training centres, we train more than 75,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and, through CAE's professional services division, we assist customers with a wide range of simulation-based needs. CAE was founded in 1947 and is headquartered in Canada. With clients in more than 100 countries, CAE has the broadest global reach of any simulation and training equipment and services company on the market. Ninety per cent of CAE's annual revenues are derived from worldwide exports. CAE's shares are traded on the Toronto and New York stock exchanges (TSX: CAE; NYSE: CAE). Dedicated to innovation, we devote close to 10 per cent of our revenues annually to research and development.

Mas Air

Mas Air

Mas Air provides scheduled cargo services far and wide. Based in Mexico City, the carrier serves major destinations in Central, North, and South America. Its major US hubs are Los Angeles and Miami. It specializes in live animal cargo handling and logistics. Mas Air operates a fleet of Boeing 767 and DC10 cargo jets, which offer internal temperature variation for multiple types of cargo. The company also provides maintenance service for other carriers, acts as the general sales agent for Lan Chile (a Chilean airline), and as the general handling agent for British Airways.

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