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MARCH 2016 AviationPros.com 7 BUSINESS BUZZ eral Aviation Administration radar tower on Black Moun- tain near the Virginia state line, police said. On February 3, another 475 gallons valued at $1,700 were taken from Forrest Products Incorporated in Harlan, Kentucky. Teamster Mechanics Picket United Airlines Hundreds of United Airlines mechanics protested the United Airline's contract of- fer by picketing outside key maintenance bases at the San Francisco, Houston and Orlando airports on February 19. Earlier that week, mechanics voted down United's contract proposal by 93 percent. Mechanics also voted overwhelm- ingly to authorize a strike. Over 9,000 mechanics at United are represented by the Teamsters Union, which will petition the National Mediation Board for a strike release. Delta, Southwest Proft Sharing Reaches Record Levels Delta Air Lines received their share of the company's $1.5 billion proft sharing pro- gram earned in 2015 on February 12. The proft payout is the largest in the history of corporate proft sharing programs. Individual payouts equaled more than 21 percent of employ- ees' eligible 2015 earnings. Delta reported an adjusted pre- tax proft of $5.9 billion for 2015 Southwest Airlines announced on February 11 that their proft sharing program will distribute $620 million to eligible employees by April 29. The 2015 proft share is the largest in company history and more than the cumulative contributions over the program's frst 25 years ($559 million from 1974-1998. Over the four decades of proft sharing, Southwest's contributions will have totaled over $3.4 billion— and more than $1.4 billion for the past fve years (2011-2015). PEOPLE Justin Akinleye Returns to Eagle as Product Manager Tronair's JetPorter Product Manager Justin Akinleye has been promoted to the same position across both the JetPorter and Eagle product lines. The move effectively together Tronair's newly formed vehicle product group by uniting JetPort- er and Eagle. Akinleye served as Director - Global Operations at Eagle from 2008 until 2014 before accepting his previous position at Tronair. Revolutionizing GSE leasing and asset management. www.xcedaviation.com 425 Nor th Mar tingale Road, 8th floor Schaumburg, Illinois 60173 844.213.9233 solutions@xcedaviation.com Now Servicing the U.S. and Canada. Looking for ways to make doing business easier and more profitable? Then you'll want to take a closer look at Xce¯d. Xceˉ d Aviation Services is a single source provider of flexible GSE financing and customized asset management services, including: We're also experts at uncovering hidden assets, which allows us to provide a wide range of incremental asset management service... services most banks and other lessors simply can't or won't offer. • Single investor financing • Short- and long-term lease financing • Short- and long-term rentals • Used GSE trade-ins • Sale and leaseback • Buying and selling inventory • Equipment refurbishment • Refurbishment financing AviationPros.com/11535271