Latest news with #JasonHull
Yahoo
22-04-2025
- Business
- Yahoo
McCauley Propeller secures ANAC certification for Beechcraft King Air B300 series high-performance propeller
WICHITA, Kan., April 22, 2025--(BUSINESS WIRE)--McCauley Propeller Systems announced today its newest C780 propeller for the Beechcraft King Air B300 series, featuring four aluminum swept blades and a 105-inch diameter, has successfully achieved certification from the National Civil Aviation Agency of Brazil (ANAC). Brazil is the second largest installed base globally for Beechcraft King Air turboprops. McCauley Propeller Systems is a division of Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company. "The high-performance McCauley C780 propeller, with its lightweight scimitar blade design, will improve the flying experience for over 700 King Airs in Brazil," said Jason Hull, vice president and general manager, McCauley Propeller Systems. "The propeller offers versatility and performance enhancements to equip customers in the region with smart solutions for their unique missions and circumstances." With the new C780 propeller, King Air B300 owners and operators experience: Propeller weight savings of more than 50 pounds compared to previous options Increased takeoff and climb performance Reduced noise in the cabin and cockpit Extended Time Between Overhaul (TBO) of 5,000 hours or 72 months Textron Aviation's 5,000 hours or 36-month limited propeller warranty King Air B300 customers can have the propeller installed on their aircraft at a Textron Aviation Service Center or Authorized McCauley Service Facility without any additional modifications required. For more information, visit About McCauley Propeller Systems McCauley is one of the world's largest full-line propeller manufacturers, with more than 500 models available. With more than 85 years of design and manufacturing experience, McCauley continues to be a pioneer in the general aviation industry. Historically, our propellers are FAA certified as original equipment for aircraft built by Textron Aviation, British Aerospace, Fairchild, Grumman, Jetstream, Piper, Stoddard Hamilton and many others. Our product lines have always served a wide range of markets: commercial, military, agricultural and commuter airlines, as well as personal and business aviation. McCauley propellers are in the field on more than 350,000 aircraft around the world - a testimony to our continuing commitment to excellence. For more information, visit About Textron Aviation We inspire the journey of flight. For more than 95 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight. For more information, visit | | About Textron Inc. Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements. View source version on Contacts Media Contact: Hailey Tucker+1.316.881.2684Htucker@ Sign in to access your portfolio
Business Wire
22-04-2025
- Business
- Business Wire
McCauley Propeller secures ANAC certification for Beechcraft King Air B300 series high-performance propeller
WICHITA, Kan.--(BUSINESS WIRE)-- McCauley Propeller Systems announced today its newest C780 propeller for the Beechcraft King Air B300 series, featuring four aluminum swept blades and a 105-inch diameter, has successfully achieved certification from the National Civil Aviation Agency of Brazil (ANAC). Brazil is the second largest installed base globally for Beechcraft King Air turboprops. McCauley Propeller Systems is a division of Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company. "The high-performance McCauley C780 propeller, with its lightweight scimitar blade design, will improve the flying experience for over 700 King Airs in Brazil," said Jason Hull, vice president and general manager, McCauley Propeller Systems. 'The propeller offers versatility and performance enhancements to equip customers in the region with smart solutions for their unique missions and circumstances.' With the new C780 propeller, King Air B300 owners and operators experience: Propeller weight savings of more than 50 pounds compared to previous options Increased takeoff and climb performance Reduced noise in the cabin and cockpit Extended Time Between Overhaul (TBO) of 5,000 hours or 72 months Textron Aviation's 5,000 hours or 36-month limited propeller warranty King Air B300 customers can have the propeller installed on their aircraft at a Textron Aviation Service Center or Authorized McCauley Service Facility without any additional modifications required. For more information, visit About McCauley Propeller Systems McCauley is one of the world's largest full-line propeller manufacturers, with more than 500 models available. With more than 85 years of design and manufacturing experience, McCauley continues to be a pioneer in the general aviation industry. Historically, our propellers are FAA certified as original equipment for aircraft built by Textron Aviation, British Aerospace, Fairchild, Grumman, Jetstream, Piper, Stoddard Hamilton and many others. Our product lines have always served a wide range of markets: commercial, military, agricultural and commuter airlines, as well as personal and business aviation. McCauley propellers are in the field on more than 350,000 aircraft around the world - a testimony to our continuing commitment to excellence. For more information, visit About Textron Aviation We inspire the journey of flight. For more than 95 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight. For more information, visit | | About Textron Inc. Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements.
Yahoo
18-03-2025
- Business
- Yahoo
Investment Property for Sale: How To Buy Real Estate To Grow Wealth
Real estate has long been a proven path to building wealth—but is it the right investment for you? Consider Jason Hull, owner of J & J Cash Home Buyers. He and his wife retired in their mid-40s, thanks largely to their real estate investments. Even in retirement, they continue investing in properties because of the steady income and long-term appreciation it offers them. If that sounds like your ideal future, it may be time to start building your real estate portfolio. While this investment strategy promises passive income, long-term growth, and diversification, success requires market expertise and a solid understanding of the business. The Hulls' story illustrates why real estate remains a go-to investment strategy for so many: You can generate steady income from assets that will reliably increase in value over time. Here's how: Passive income: With the right investment, real estate can provide ongoing income with minimal effort. For example, long-term rental properties generate monthly rent, often requiring little day-to-day involvement on behalf of the property owner. Appreciation and long-term wealth: Property values generally rise over time, allowing investors to build wealth. This appreciation can be leveraged through home equity loans or lines of credit, or realized through a profitable sale. Tax advantages: Real estate comes with a range of tax benefits, including deductions for property taxes, insurance, mortgage interest, and management fees. Plus, holding a property for over a year or longer before selling can qualify you for long-term capital gains tax rates, which are typically lower than income tax rates. Inflation protection: Historically, real estate appreciation outpaces inflation, helping investors preserve their purchasing power. Likewise, a 30-year fixed-rate mortgage locks owners into predictable monthly payments, shielding investors from the variable costs of interest rates and inflation. The type of property you choose will have a considerable impact on your returns, risk exposure, and sweat-equity investment. Here's what to consider for the most common types of investment properties. 'For newbies, long-term rentals in established neighborhoods are a smart choice,' says Brett Johnson, a licensed real estate agent and owner of New Era Home Buyers. These properties—ranging from single-family homes to multi-unit buildings, condos, and townhouses—are leased to tenants for extended periods, typically a year or more. The appeal of long-term rentals lies in their stability. These properties generate consistent rental income and require less hands-on management than other types of investments. Additionally, long-term leases reduce the risk of frequent vacancies, making this a safer option for investors seeking predictable cash flow. These rentals, like vacation homes and Airbnb properties, cater to travelers and guests staying for a few days to a few weeks. 'Short-term rentals are lucrative, but highly regulated and subject to irregular vacancies,' adds Johnson. While short-term rentals command higher nightly rates than long-term leases, they require active management, frequent cleaning, and constant marketing to maintain occupancy. Investors must also navigate local laws, as many cities impose strict zoning regulations and occupancy restrictions. Those willing to put in the effort, particularly in high-demand tourist areas, can see strong returns, but success requires a strategic approach to pricing, guest experience, and operations. 'Flipping houses can be lucrative but is not passive and involves more work,' says Johnson. House flipping involves purchasing undervalued or distressed properties, renovating and reselling them for a profit. While some investors turn quick profits in a rising market, flipping carries substantial risks—especially for the uninitiated. Unexpected renovation costs, permitting delays, and market downturns can quickly drive up overhead costs. To succeed, investors need a keen understanding of property valuation, renovation budgeting, and market timing. For more seasoned investors, commercial real estate, such as office buildings, retail centers, and industrial properties, offers the potential for higher returns. Unlike residential properties, commercial real estate often involves multiyear lease agreements, providing stable income streams. However, these properties require larger capital investments, longer vacancy periods between tenants, and a deeper understanding of market demand. Regardless of the type of real estate investment, success depends on a smart business strategy. Investors must assess market conditions, property health, financial viability, and financing options to ensure they get a return on their investment. The real estate trends are constantly evolving, and that's especially true for the current market. 'Looking ahead to 2025, nimble investors will thrive,' advises Johnson. 'Interest rates, inflation, and shifts in the supply side will shape the market, but the most successful markets will be driven by healthy employment growth and population growth.' Investors should have a solid understanding of local real estate trends, rental demand, and future infrastructure projects that could impact property values. While a booming job market and growing population often signal strong investment potential, it's never a guarantee. A property's physical condition plays a crucial role in its profitability. Unexpected repairs can quickly turn a promising investment into a financial drain. 'If the seller refuses to allow you to view the property disclosure, then they are likely hiding something,' says Johnson. 'Foundation cracks, structural issues, or inflated rent expectations can turn a 'deal' into a money pit.' Just like when buying a home, investors should never skip a thorough inspections. This is your opportunity to assess renovation costs and factor potential repair expenses into your budget. For rental properties, evaluate long-term maintenance costs—such as roof replacements and HVAC system upgrades—with an eye to preserve profitability. The financial health of an investment property is measured by rental yield, cash flow, and overall return on investment (ROI). 'Reviewing cash flow records from the past three years can be helpful and often indicate future cash flow, but it is important to take a critical look at the maintenance practices of the current owner,' says Nathan Miller, a real estate investor and founder of Rentec Direct property management software. 'If major maintenance tasks have been deferred, it can have a significant impact on your cash flow and wealth-building potential as the next investor.' Other key metrics investors should analyze include: Cap rate: The ratio of net operating income to the property's purchase price. Cash-on-cash return: The return on the actual cash invested, accounting for financing. Gross rent multiplier (GRM): A quick way to compare rental properties by dividing the property's price by its annual rental income. Understanding these financial indicators ensures investors don't overpay for a property or underestimate expenses. Your financing options can vary based on your investment type, with conventional loans, FHA loans, hard money loans, and private lending all offering unique benefits and drawbacks. Like any home transaction, investors should also factor in closing costs, property insurance, and reserve funds for unexpected vacancies or repairs. 'The most common mistake that investors make is underestimating expenses,' Johnson cautions. 'Taxes, homeowner association fees, and vacancies can quickly mount.' Don't neglect the importance of these costs and the expenses of financing. Weigh your loan options, down payments requirements, and interest rates when structuring your deal. EXCLUSIVE: Ellen DeGeneres Lists One of Her Last Remaining Montecito Homes for $5 Million—4 Months After Relocating to U.K Jessa Duggar Reveals She Is Expecting Her 6th Child With Ben Seewald—2 Years After 'Dumping' Their Savings Into Fixer-Upper Home Inside DK Metcalf's $6.3 Million Property Portfolio as He Leaves Seattle Seahawks and Signs $150 Million Deal With Pittsburgh Steelers
