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American Airlines-Analogic Unite to Uplift Aviation Security
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American Airlines Group Inc. (AAL - Free Report) and Analogic Corporation have announced a partnership to facilitate an expanded use of Computed tomography (CT) technology at airports globally.
The state-of-the-art CT checkpoint technology is likely to render aviation security officials with an enhanced level of detection. The sophisticated technology will provide officials with scanning equipment that better identifies potential threat items, including those hidden within personal electronic devices.
Per the agreement, American Airlines will purchase multiple units of the Analogic ConneCT aviation checkpoint security screening system. ConneCT is formed to improve aviation security and increase passenger throughput, utilizing an upgradeable CT platform.
Per Jim Ryan, Senior Vice President, Security Systems at Analogic, the carrier chose Analogic as its supplier of Checkpoint CT on the basis of several factors such as image quality, airport-friendly design and ease of operation. The ConneCT technology also aids airports and regulators in responding to the changing security and operational requirements.
The ConneCT screening system is currently being tested by the Transportation Security Administration and when completed will be installed on certification. American Airlines’ move coincides with the U.S. Department of Homeland Security (DHS) call to enhance security at airports to combat terrorism.
Shares of Air France-KLM, Deutsche Lufthansa and International Consolidated Airlines have rallied over 86%, 46% and 23% respectively, in the last three months.
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American Airlines-Analogic Unite to Uplift Aviation Security
American Airlines Group Inc. (AAL - Free Report) and Analogic Corporation have announced a partnership to facilitate an expanded use of Computed tomography (CT) technology at airports globally.
The state-of-the-art CT checkpoint technology is likely to render aviation security officials with an enhanced level of detection. The sophisticated technology will provide officials with scanning equipment that better identifies potential threat items, including those hidden within personal electronic devices.
Per the agreement, American Airlines will purchase multiple units of the Analogic ConneCT aviation checkpoint security screening system. ConneCT is formed to improve aviation security and increase passenger throughput, utilizing an upgradeable CT platform.
Per Jim Ryan, Senior Vice President, Security Systems at Analogic, the carrier chose Analogic as its supplier of Checkpoint CT on the basis of several factors such as image quality, airport-friendly design and ease of operation. The ConneCT technology also aids airports and regulators in responding to the changing security and operational requirements.
The ConneCT screening system is currently being tested by the Transportation Security Administration and when completed will be installed on certification. American Airlines’ move coincides with the U.S. Department of Homeland Security (DHS) call to enhance security at airports to combat terrorism.
American Airlines Group, Inc. Price
American Airlines Group, Inc. Price | American Airlines Group, Inc. Quote
Zacks Rank & Key Picks
American Airlines currently carries a Zacks Rank #2 (Buy). Other top-ranked stocks in the airline space are Air France-KLM SA (AFLYY - Free Report) , Deutsche Lufthansa AG (DLAKY - Free Report) and International Consolidated Airlines Group SA (ICAGY - Free Report) . All sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Air France-KLM, Deutsche Lufthansa and International Consolidated Airlines have rallied over 86%, 46% and 23% respectively, in the last three months.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>>