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Information Technology : Technology Hardware, Storage & Peripherals | Large Cap BlendCompany profile

Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players. The Company sells a range of related software, services, accessories, networking solutions, and third-party digital content and applications. The Company's segments include the Americas, Europe, Greater China, Japan and Rest of Asia Pacific. The Americas segment includes both North and South America. The Europe segment includes European countries, India, the Middle East and Africa. The Greater China segment includes China, Hong Kong and Taiwan. The Rest of Asia Pacific segment includes Australia and the Asian countries not included in the Company's other operating segments. Its products and services include iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, a portfolio of consumer and professional software applications, iPhone OS (iOS), OS X and watchOS operating systems, iCloud, Apple Pay and a range of accessory, service and support offerings.

Closing Price
$266.92
Day's Change
-3.79 (-1.40%)
Bid
--
Ask
--
B/A Size
--
Day's High
270.80
Day's Low
264.91
Volume
(Heavy Day)
Volume:
32,182,645

10-day average volume:
21,632,016
32,182,645

Unison Launches Hi-Performance Igniter Plug on Alaska Airlines' Fleet

9:23 am ET November 8, 2019 (BusinessWire) Print

At MRO Europe; Unison Industries signed a long-term material purchase agreement with Alaska Airlines for the purchase of its new Hi-Performance Igniter Plug for use on Alaska Airlines' CFM56-7 powered fleet. Alaska Airlines currently has more than 160 Boeing 737 aircraft in service flying passengers to more than 115 destinations around the world.

Unison's Hi-Performance Igniter enables Alaska Airlines to almost double the lifespan compared to (standard or legacy) igniters, extending time on wing. The all-new patented technology, which made its debut at the 2019 Paris Air Show, improves spark life under harsh conditions. During bench and field testing, the Hi-Performance Igniter succeeded in extreme temperatures up to 2,000°F. Alaska Airlines is Unison's launch partner for the Hi-Performance Igniter.

Unison will support Alaska Airlines with available material on-hand which will help reduce annual maintenance costs by decreasing the number of replacements as a result of increased intervals. Unison has the only CFM56 OEM-approved igniter plug by CFM, and it is currently being installed on all new CFM56 engines after receiving FAA approval in 2018.

"This product is a prime example of Unison's focus on continuous improvement for in-service fleets," Unison Industries President Tom Hoferer said. "We are proud to partner with Alaska Airlines and work hand-in-hand with them while leveraging our strong partnership across the engine OEMs."

"Alaska is excited to partner with Unison on the launch of this new igniter. Our teams worked closely together for many months to ensure the product would be safe and reliable for use on Alaska's fleet. The opportunity to partner with Unison on this igniter exemplifies how Alaska and our partners work together to improve the safety, reliability and business of flying. We look forward to the increased reliability and decreased cost that this igniter brings to the airline," said Todd Martin, Manager of Powerplant Engineering for Alaska Airlines.

CFM is a 50/50 joint venture between Safran Aircraft Engines and GE Aviation.

About Alaska Airlines:

Alaska Airlines and its regional partners fly 46 million guests a year to more than 115 destinations with an average of 1,300 daily flights across the United States and to Mexico, Canada and Costa Rica. With Alaska and Alaska Global Partners, guests can earn and redeem miles on flights to more than 800 destinations worldwide. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers in North America" in the J.D. Power North America Airline Satisfaction Study for 12 consecutive years from 2008 to 2019. Learn about Alaska's award-winning service at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

About Unison Industries:

Unison Industries is a leader in design, manufacturing and integration of electrical and mechanical components and systems for aircraft engines and airframes. Unison serves both original equipment manufacturers and aftermarket customers in commercial, military, general aviation and industrial markets. Headquartered in Jacksonville, FL, Unison has more than 2,000 employees and a global service centers offering repair, overhaul, retrofit and exchange programs. Unison is committed to investing in advanced technologies and thinking outside the engine to create more value for our customers. Learn more about Unison's Hi-Performance Igniter at www.unisonindustries.com/ignite.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191108005329/en/

SOURCE: Unison Industries">

Nick Hurm
1-513-484-4450
nick.hurm@ge.com

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