Connect with us

Business

Analysis-Winter economy emerges as poster child for China’s stimulus tilt to services

Published

on

Analysis-Winter economy emerges as poster child for China’s stimulus tilt to services
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Audinate Group Limited (AUDGF) Q2 2026 Earnings Call Transcript

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Aidan Williams
Co-Founder, CEO & Director

My name is Aidan Williams. I’m Co-Founder and CEO at Audinate. With me is Chris Rollinson, our Chief Financial Officer. In the first part of the call today, we’ll be talking through the investor presentation that accompanied our financial statements, both of which were lodged with the ASX earlier today. [Operator Instructions]

I’d like to start by recapping Audinate’s first half highlights before we move on to covering key operational and financial metrics and then look ahead for the remainder of the financial year. Later in the presentation, I’ll be briefly covering the relationship between AI, Audinate’s products and technology and the broader AV industry as a whole.

Turning to Slide 3. It’s pleasing to see 12% growth in U.S. and Australian dollar revenue over the prior period. We’ve seen strong bookings in the first half, supporting achievement of our full year FY ’26 outlook. We’ve also continued to maintain strong gross margin percentage of 82.6%, and that’s consistent, and it’s been driven by favorable product mix shift between hardware and high-margin software products.

Advertisement

Operationally, we have continued to execute with strong results in key operating metrics. Design wins, that is the number of manufacturers signing up to use Dante technology for the first time, is up 8% over the prior period with 66 design wins over that period. The Dante product ecosystem continues to grow with a further 344 Dante products coming to market during the half. This brings the total of Dante-enabled products on the market to just under 5,000, and that’s coming from over 516 manufacturers. Each new design win and product coming to market is a leading indicator of

Continue Reading

Business

Disney sends cease-and-desist to ByteDance over AI-generated videos

Published

on

Disney sends cease-and-desist to ByteDance over AI-generated videos


Disney sends cease-and-desist to ByteDance over AI-generated videos

Continue Reading

Business

End of rate cuts, ample liquidity: Why short-end yields above 7% look attractive, says Devang Shah

Published

on

End of rate cuts, ample liquidity: Why short-end yields above 7% look attractive, says Devang Shah
With the Reserve Bank of India (RBI) widely seen at the end of its rate-cut cycle and liquidity conditions remaining comfortable, fixed income investors may need to recalibrate their strategy.

In this edition of ETMarkets Smart Talk, Devang Shah, Head of Fixed Income at Axis Mutual Fund, argues that the easy money from duration plays is largely behind us, making the short end of the yield curve far more compelling at this stage.

With 1–2 year AAA corporate bond yields available above 7% and a low probability of further rate hikes, Shah believes accrual-oriented strategies in the short to medium segment offer a better risk-reward balance than aggressive long-duration bets.

Short-term yields fall on surplus liquidity
Advertisement

Bond yields are diverging, with short-term rates falling due to liquidity while long-term rates rise, signaling the end of the current rate-cut cycle. Institutions are locking in long-term funds, anticipating future rate increases, as the market prices in a potential shift to higher rates.


He also shares his outlook on the 10-year G-Sec, potential Bloomberg index-driven inflows, and how retail investors should position their debt portfolios in 2026. Edited Excerpts

Q) Did RBI policy outcome at this point in time largely meet expectations soon after the Budget?

A) By and large, the RBI policy outcome was in line with market expectations. The central bank had already taken several measures in December and January, so the absence of rate cuts or additional liquidity measures did not come as a surprise.


That said, some sections of the market were expecting incremental liquidity support, and its absence led to a modest rise in yields of around 8–10 basis points.
Q) Do you believe India is entering a structurally stronger macro phase compared to the past few years?
A) Over the last two to three years, and particularly over the past 12 months, there has been a clear and coordinated thrust on both capex and consumption growth.
Policymakers have worked in sync through GST measures, RBI monetary actions, credit impulse, liquidity infusion, and rate cuts to address growth uncertainty arising from tariffs.

With the trade deal coming through, we believe growth is well supported, and FY27 growth could be around 7%, indicating a structurally stronger macro backdrop.

Q) If we are entering a growth phase which means there is a possibility of rise in inflation. If growth accelerates meaningfully in the second half, could that change the RBI’s rate trajectory?

A) RBI typically evaluates three key parameters—inflation, growth, and the external sector—while deciding its rate trajectory. With growth support from the trade deal and reduced vulnerability for the rupee, inflation will remain the key variable to watch.

At this stage, based on high frequency indicators, it is too early to see a meaningful uptick in inflation, and unless there is significant commodity led inflation, we believe RBI is likely to remain on pause for most of calendar year 2026.

Advertisement

Q) How meaningful could potential inclusion in Bloomberg indices be for Indian bonds?
A) Once Indian bonds are included in the Bloomberg Global Aggregate Index, we estimate potential foreign inflows of around $20–25 billion. This is meaningful and could translate into a 10–15 basis points rally in government bond yields.

Q) Given lower inflation and strong growth, what is your recommended duration strategy for investors today?
A) We believe a large part of the rate cycle is behind us and do not anticipate further rate cuts. RBI has also been proactive in managing liquidity.

Yields at the short end of the curve have moved up, with 1–2-year AAA assets available above 7% in an environment where the probability of rate hikes is very low. In this backdrop, we prefer the short end of the curve, with an emphasis on accrual oriented strategies.

Q) Do you think that there is room for a potential tactical entry for long bond investing this year? What conditions would signal that opportunity?

A) At this point, as we are at the end of the rate cut cycle, we advise investors to stay positioned at the short end of the curve. However, if government bonds sell off meaningfully and the 10 year G Sec moves towards 7%, or long bonds trade in the 7.60–7.70 range, that could present a tactical entry opportunity.

Until then, given the large government borrowing programme starting April, a cautious stance remains appropriate.

Advertisement

Q) How should retail investors approach long-duration funds in this environment?
A) Given our base case of no further rate cuts and ample liquidity, we continue to prefer the short to medium term segment of the curve. Retail investors should consider remaining invested in short to medium duration funds rather than taking aggressive duration calls at this stage.

Q) Would you prefer sovereign bonds, SDLs, or corporate bonds in the current phase?

A) In the current phase, our preference is towards corporate bonds up to 2–3 years and SDLs in the 8–12-year segment. The large SDL supply announced has led to a meaningful widening of spreads, which offers an attractive risk reward opportunity for medium term investors.

Q) How does the higher borrowing number influence your outlook for the 10-year G-Sec?
A) While RBI is likely to remain supportive through liquidity management and periodic OMOs, the supply pipeline is quite large.

Given that we are at the end of the rate cycle, we expect the 10 year G Sec to trade in the 6.60–6.80% range till March 2026. Beyond that, if growth strengthens and inflation begins to trend higher, the 10 year yield could move into the 6.80–7% band.

(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)

Advertisement
Continue Reading

Business

Mitsui Kinzoku shares surge to record high on strong guidance

Published

on


Mitsui Kinzoku shares surge to record high on strong guidance

Continue Reading

Business

OncoRes raises $27m for breast cancer tool

Published

on

OncoRes raises $27m for breast cancer tool

The WA company behind an imaging device which can reduce the number of repeat surgeries for breast cancer patients has received $27 million in a private funding round to support its push to US FDA approval.

Continue Reading

Business

Caravan site taken over by Ty Gwyn with plans to make it region’s ‘most sought-after’

Published

on

Business Live

Fishpool Holiday Park set to reopen at end of April

New Caravans At Fishpool Holiday Park

New caravans at Fishpool Holiday Park(Image: Local Democracy Reporting Service)

A holiday firm has taken the reins at a Cheshire caravan park with plans to turn it into a major destination.

Advertisement

Fishpool Farm Caravan Park in Delamare has been acquired by Ty Gwyn, which is based in North Wales.

The company has also announced plans to invest in the site and create what it said would be one of the region’s ‘most sought-after’ destinations for lodges, static caravans and touring caravans and motor homes.

The new owners have renamed it Fishpool Holiday Park and said it would reopen towards the end of April following a programme of ‘infrastructure works’ and the delivery of a mix of new ‘luxury’ lodges and caravans.

The company said it would have caravans and lodges for rent and sale, while continuing to offer facilities for tourers on a seasonal and nightly basis. Some of the lodges will be solar-enabled and there will be EV charging points.

Advertisement

Work is already underway including groundworks, drainage and landscaping with the first of the new caravan stock having been delivered.

Rhodri Owen, a director of Ty Gwyn, said: “We are looking forward to welcoming new holiday makers to Fishpool Holiday Park after the completion of our programme of works which are already well underway.

“We believe that the new site will provide aspirational holiday makers and their dogs with a wonderful base for their holiday with the choice of holiday lodges and caravans and pitches for touring caravans.”

He added: “The holiday park is set in five acres, close to the pretty village of Tarporley and with Chester just a few miles further away. We are also fortunate to be on the doorstep of Delamere Forest, one of the region’s most popular leisure destinations, offering something for all ages.”

Advertisement

An application had previously been lodged with Cheshire West and Chester Council to convert Fishpool Farm Caravan Park from a site which currently has touring and static caravans, along with glamping pods, into a site purely for statics.

Continue Reading

Business

Thai exports projected to hit Bt142 billion by 2026

Published

on

Thai exports projected to hit Bt142 billion by 2026

The Thai Ministry of Commerce has established an export target of 142 billion baht for 2026, supported by a comprehensive strategy involving approximately 700 projects and activities.

Led by the Department of International Trade Promotion, the initiative aims to bolster over 294,500 Thai business operators through market diversification, digital trade promotion, and strategic international partnerships. While the plan aggressively targets both established and emerging global markets, officials note that the stability of the Thai baht will be a decisive factor in achieving these financial goals.


Key Highlights

  • Export Target: Thailand’s Commerce Ministry has set a 2026 export target of Bt142 billion.
  • Projects & Activities: Around 700 initiatives will drive this growth, including:
    • Online trade promotion via thaitrade.com
    • International trade exhibitions and business matching sessions
    • Visits to potential trading partners by Thai representatives
    • Cooperation with global modern trade outlets
    • Support for Thai franchises overseas
  • Special Programs:
    • Exclusive Trade Mission (Feb 24–28, 2026): US firms like Otis McAllister Inc. will engage in talks to expand Thai exports into US sectors.
    • Thailand’s Best Friend Project (March 2026): About 20 major global importers will be honored by the Thai prime minister for long-term support of Thai products.
    • Special Task Force (STF) Project: Focused on expanding into markets such as China, India, Saudi Arabia, Vietnam, and regions in Africa and Latin America.

DITP Support Mechanisms and Promotional Activities

To support over 294,500 Thai business operators and achieve the Bt142 billion export goal, the DITP has planned approximately 700 projects. The specific mechanisms are detailed below:

1. General Promotional Platforms and Activities

The DITP will utilize a variety of traditional and digital channels to increase the visibility of Thai products:

  • Online Trade Promotion: Leveraging thaitrade.com to facilitate digital commerce.
  • International Exhibitions: Participating in and organizing trade shows to showcase Thai goods.
  • Business Matching Sessions: Creating direct opportunities for Thai operators to connect with international buyers.
  • Trade Representative Missions: Sending Thai trade teams to visit potential trading partners.
  • Retail Cooperation: Establishing partnerships with global modern trade outlets.
  • Franchise Support: Specifically providing support for Thai franchises overseas to expand their footprint.

2. Specific Strategic Initiatives

The document highlights three major initiatives designed to deepen international relationships and penetrate high-value markets:

  • Exclusive Incoming Trade Missions: Scheduled for late February, this involves inviting established U.S. firms (such as Otis McAllister Inc.) to Thailand for in-depth negotiations focused on penetrating specific sectors in the United States.
  • Thailand’s Best Friend Project: Launching in March, this initiative honors approximately 20 major global importers with awards from the Thai Prime Minister to recognize and encourage long-term loyalty to Thai products.
  • Special Task Force (STF) Project: A targeted mechanism designed to explore and penetrate prospective markets, specifically focusing on China, India, Saudi Arabia, and Vietnam , as well as regions in Africa and Latin America .

3. Resource and Information Management

Beyond direct promotion, the DITP is focusing on the foundational needs of business operators:

  • Database Development: Thai commercial offices overseas have been tasked with surveying and developing databases regarding sources of raw materials.
  • Investment Expansion: Identifying potential areas and opportunities for expanding Thai investment projects abroad.
  • Monitoring Economic Factors: The DITP monitors currency challenges, noting that a Thai baht exchange rate of 33–34 per US dollar is ideal for maintaining the competitiveness of local exporters.

Foreign Direct Investment Overview

Thailand has seen a noteworthy increase in foreign direct investment (FDI), as reported by the Commerce Ministry. The influx of FDI is driven by various business operators, both domestically and internationally, who view Thailand as an attractive destination for investment. Key sectors attracting investment include technology, manufacturing, and renewable energy, which are vital for economic growth. The government’s supportive policies, coupled with favorable geographic positioning, make Thailand an appealing hub for foreign investors seeking to tap into the Southeast Asian market.

Economic Impact of FDI

The rise in FDI has significant implications for Thailand’s economy. It not only stimulates local markets but also creates job opportunities and enhances the skill set of the workforce. Furthermore, foreign investment contributes to technological advancement and innovation within the country, fostering a more competitive business landscape. The Commerce Ministry highlights that FDI plays a crucial role in boosting local industries and improving infrastructure, ultimately leading to enhanced economic stability and growth. The ongoing government initiatives to improve the investment climate have been pivotal in sustaining this positive trend.

Advertisement

Challenges and Future Prospects

Despite the positive outlook, there are challenges that Thailand must address to maintain and enhance its attractiveness for foreign investors. Regulatory hurdles, complex bureaucratic processes, and concerns about political stability can hinder investment potential. However, proactive measures are being implemented to create a more business-friendly environment. Looking ahead, the Thai government’s commitment to infrastructure development and innovation, along with its strategic initiatives aimed at attracting renewable energy investments, positions Thailand to become a leading destination for FDI. With ongoing improvements, Thailand aims to strengthen its reputation as a pivotal economic player in the region.

Source : Thai exports set to reach Bt142bn in 2026

Advertisement
Continue Reading

Business

Jacquie Chan chows down on restaurant refocus

Published

on

Jacquie Chan chows down on restaurant refocus

A decade in Perth’s restaurant business has taught Jacquie Chan a thing or two about timing.

So, it’s understandable that, given her commitment to growing the Miss Chow’s empire, Ms Chan has recently adopted a new strategy and direction.

While an expanding business and opening of new locations is generally seen as a positive for any brand, Ms Chan acknowledges the growth has become too much after a busy couple of years.

Under Miss Chow’s signage, Ms Chan opened a restaurant at a Margaret River vineyard in late 2024 and a CBD eatery in early 2025.

Advertisement

Her team also transformed the old Fremantle police lock-up to open Moon & Mary, an Asian fusion restaurant, in September 2024.

Moon & Mary was Ms Chan’s biggest undertaking, a multi-venue space with the three offerings of a dining room, a beer garden and a distillery.

Ms Chan told Business News she had now embarked on a broader strategy to consolidate the Miss Chow’s group, which includes focusing on premium dining venues and continuing to divest ventures that don’t fit with the brand.

That includes Moon & Mary, with Ms Chan putting the business on the market after nearly 18 months of operation.

Advertisement

“We’ve realised it really didn’t fit in with our current portfolio,” she said.

“And to be really honest, I don’t understand Fremantle as well as some other groups, so we’ve decided to move on.

“Sometimes you [have to] pick your battles. Freo is something that we will probably let go, sadly. I love the building; there is so much history in the building itself.

Advertisement

“There was a great deal of effort that went into designing and putting that whole story together, but it’s okay if it doesn’t fit in our portfolio.”

Ms Chan said she had no regrets.

“I’d happily let someone else have a go and we will move on,” she said.

“Eventually, after we sell Moon & Mary, we’ll be in a sweet spot that there will be less stress within the management team, and we’ll be happy to just grow the Miss Chow’s brand, maintain and probably up our game a little bit and bring in a lot more creativity into the Asian fusion space.

Advertisement

“We’ve been quite focused on functions and events, and we’re getting pretty good at that.”

The shift to hosting functions and events has been noticeable, particularly after the Miss Chow’s team secured singer-songwriter Christine Anu to headline a Chinese New Year event at the Margaret River restaurant in mid-February.

Ms Chan also recently divested KiRi Japanese restaurant in Shenton Park and the Miss Chow’s pantry takeaway joints in Bicton and City Beach, as part of her strategy to consolidate the group.

Advertisement

Within a decade, she opened and closed Miss Chow’s restaurant in Westfield Whitfords City, Rice Baby in Subiaco, and OMG Oriental Market and Grocer with the adjoining Small Talk Bar on Stirling Street, Perth.

Ms Chan opened Lucy Luu in Mount Hawthorn in 2022, which is still operating.

At one point, she and her team juggled about half a dozen venues across Perth.

But Ms Chan has leaned more towards using the Miss Chow’s name in the past couple of years.

Advertisement

Her previous Thai-inspired eatery in the CBD, Lena’s Bar, was rebranded to Miss Chow’s on the Terrace in early 2025.

Lygon Lane on Bay View Terrace in Claremont was also rebranded, to Miss Chow’s Petit, when the original restaurant closed for renovation.

Miss Chow’s Petit closed in mid-2025.

There are currently three restaurants under the Miss Chow’s name: in South Perth, on St Georges Terrace, and in Margaret River.

Advertisement

All of Ms Chan’s hospitality ventures stemmed from the very first Miss Chow’s restaurant, which pays homage to Moon Chow, the first Chinese immigrant to arrive in Western Australia, in 1829. 

That first Miss Chow’s opened in Claremont Quarter in 2015. 

“A year after that, I had opened another restaurant, and then it kept happening,” Ms Chan said. 

“But I realised last year that it wasn’t such a good idea after all, because times were very different. 

Advertisement

“When I had gone into my leases for Fremantle and Margaret River, that was during the pandemic, [but] things have changed.

“The market sentiments have changed. Everyone’s lifestyle is different. We’ve really now looked at the group and realised we will probably be selling what doesn’t fit within our portfolio.”

On top of the ongoing market challenges and cost-of-living pressures, Ms Chan said staffing was also difficult in an environment of high resources sector wages.

“We could not compete with them,” she said.

Advertisement

“That’s what we really suffered through last year.

“Staffing is quite a challenge in WA and … it’s not just isolated to the hospitality industry.

“Without staff we haven’t got a business, so it’s quite important we’ve got our staffing sorted before we can open our doors.”

The new, broader group strategy also includes a continued focus on Miss Chow’s line of prepared meals, which started as a lifeline for the business during the pandemic.

Advertisement

Miss Chow’s restaurant in South Perth opened in 2019.

Products under the Miss Chow’s at Home line include frozen dumplings, ready-to-eat sauces and chilled meals, which are stocked at major supermarkets in Australia.

“[During the pandemic] we didn’t have many choices,” Ms Chan told Business News.

“But what I really wanted was to be able to look after my staff, because 50 per cent of my workforce were not eligible for JobKeeper.

Advertisement

“I then created work for them to come back and pack the dumplings, make meals for the supermarket, so that I could still pay them and they could still live.

“However, one thing led to another, and before we knew it we were supplying the dumpling and the meals to a lot of the supermarkets in WA, and we went national about three years ago.”

Miss Chow’s has since become the biggest chilled meals producer in WA, according to Ms Chan.

“From that we grew out of our little central kitchen in Osborne Park, and now co-own and have a joint venture with Milne Agrigroup, and we own a food processing factory in Forrestdale called Daily Chef,” she said.

Advertisement

“Our partnership is pretty much the best marriage that we could probably find in WA; having my partners being into pig and chicken farming … and me being in the restaurant space and coming up with the sauces and the taste profiles for our products.”

The beginning

By day, Ms Chan is a pearl and diamond dealer; a profession she has undertaken for the past 26 years.

Her foray into the restaurant business started when a client of her jewellery business was approached to take a tenancy in Claremont Quarter.

Instead, the client put forward Ms Chan’s name, knowing she was considering opening a dumpling restaurant.

Advertisement

Cocktails, champagne and wine meets Asian fusion in prime locations.

The motivation to open a nut-and-preservative-free Asian fusion restaurant was personal for Ms Chan, who has several food allergies.

“I put a business case together, and because I didn’t have any experience in [food and beverage], I had to convince them why I thought it was a good idea,” Ms Chan said.

“I enjoy my drinks, so having nice cocktails or a glass of champagne with my dumplings would go down very well with me and my friends.”

Advertisement

There was a gap in the market for an elevated dining experience offering Asian fusion cuisine in Perth 10 years ago, she said.

“When we started back in the day, we turned the Asian fusion food ‘sexy’ … we had long queues at the door for a long time,” Ms Chan said.

“I suppose the trend caught up in Perth with Asian fusion, but I would say the food scene in Perth has really improved.”

She said the competition from similar restaurants that had opened during the past decade was welcome.

Advertisement

“I think the more the merrier,” Ms Chan said.

“It gives people the opportunity to lift their game as well and it challenges chefs to be more creative.”

Future

While frequently referred to as the ‘Dumpling Queen’, Ms Chan said the real legacy she wanted to leave was opening Perth up to a different way of dining.

“Because we had stuck to our guns with our food principles, it was extremely expensive and difficult to run an operation with Chinese cooks,” she said.

Advertisement

“We decided that we will educate the Chinese cooks to not use MSG in simple, basic things like fried rice, for example.

“We succeeded in that, and I’m extremely proud of my team, that they’ve grown to learn how to sell and prepare and create good, clean food without using any nasties.

“We’ve made a slight impact, I think, in the food scene, where we can actually run a Chinese restaurant without nuts.

“There are so many families who are able to dine with us safely, and they tell us and they thank us for being that safe restaurant … because there’s not many restaurants that are nut free.

Advertisement

“It is quite risky on my part, but we have completely trained the kitchen.

“Our staff are not even meant to bring food into the restaurant, into the venue [their home cooked food] because we don’t know what’s in it.”

Miss Chow’s in Claremont was one of the first places to offer Asian fusion premium dining in Perth.

The persistence in keeping a safe, allergy-free space across her venues all these years has been appreciated by the regular diners.

Advertisement

“Moving forward, we will continue with that even though it’s an expensive exercise for us,” Ms Chan said.

“But we do want to continue serving good, clean food, using local produce, supporting other WA producers.”

Ten years in the business and a new strategic direction have only increased Ms Chan’s enthusiasm for the challenge.

In fact, she looks forward to another decade at least with Miss Chow’s, supported by her daughters who are also involved in the business.

Advertisement

“I’m quite stubborn and I love my food and drinks,” Ms Chan said.

“I’m always challenging my chefs, whether we could go that one notch higher, a little bit at a time.

“The brand has evolved, our food has evolved and I’m really proud of my team that they are able to deliver, whether it’s 20 people or 120 people.

“My girls and the team [have] very much bought into it, and they agree. That is what we’re known for, and we will continue.”

Advertisement

Continue Reading

Business

Award-winning pilot, wife die in East Texas plane crash

Published

on

Award-winning pilot, wife die in East Texas plane crash

Authorities told FOX Business on Sunday that an award-winning pilot and his wife died in a tragic plane crash last week after declaring an emergency landing “due to oil on the windshield.”  

Local media outlet KLTV reported that the couple’s dog was also on board and miraculously survived the devastating crash.

Advertisement

The incident occurred in East Texas last Wednesday around 5:30 p.m., when a Beechcraft A36 struck power lines while diverting to Brownsboro, the National Transportation Safety Board (NTSB) said. Authorities added that the small plane went down short of the runway in Murchison, according to KLTV.

The Florida Aviation Network identified the victims as Ron and Barbara Timmermans, owners of the Orlando-based aviation company AileRon T LLC. 

PLANE CRASH-LANDS ON TOP OF TOYOTA ON FLORIDA FREEWAY FOLLOWING ENGINE TROUBLE

a couple holding a dog in front of plane

Ron and Barbara Timmermans holding their pet dog in front of a small plane in an undated photo. (Florida Aviation Network / Fox News)

The Bonanza & Baron Pilot Training website notes that Ron was inspired by his wife, Barbara, to become a flight instructor, and the couple flew to many destinations across the U.S., Canada, and the Bahamas.

Advertisement

Photos of the crash scene showed the Timmermans’ plane lying nose-down in the ground with its tail jutting dramatically into the sky. 

While the couple died in the incident, their small lapdog miraculously survived and was taken in by local residents at the crash site, KLTV reported.

“The dog was alive, and so one of the neighbors took the dog to take care of,” resident Mary Ann Shoulders said.

ALL 8 TIRES BURST IN HARROWING ATLANTA LANDING FAILURE INVOLVING PASSENGER JET

Advertisement
ron timmermans piloting plane

Ron Timmermans was named National Certified Flight Instructor of the Year in 2021. (Florida Aviation Network / Fox News)

Ron was reportedly a veteran flight instructor and had provided pro bono services to the Florida Aviation Network since 2017.

The network described Ron as an integral figure in the flight community. He was named National Certified Flight Instructor of the Year in 2021 by an awards program associated with the Federal Aviation Administration.

“Ron was an important part of training hundreds of pilots over the years,” the organization told KLTV. “He’s done hundreds of hours of interviews with people in the aviation industry. He’s the main host of our interviews online. He was the National Flight Instructor of the Year in 2021. He and Barbara will be greatly missed.”

small plane on runway

A single-engined Beechcraft A36 Bonanza aircraft takes flight on June 27, 2014.  (NOAH SEELAM/AFP via Getty Images)

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Advertisement

The NTSB said the crash is under investigation and that officials retrieved devices from the plane that could contain data about the accident.

The wreckage was also recovered to a secure facility for further examination.

FOX Business reached out to the Federal Aviation Administration for more information. 
 

Advertisement
Continue Reading

Business

Oil prices steady with US-Iran tensions in focus

Published

on


Oil prices steady with US-Iran tensions in focus

Continue Reading

Trending

Copyright © 2025