Aviation Week & Space Technology's
Best-Managed to Be Recognized Today

Aviation Week & Space Technology will present its Best-Managed Companies of 2001 awards to three aerospace outfits and four airlines today in the Musee de l'Air et de l'Espace here at Le Bourget.
The presentation will be made at The Best-Managed Companies Awards and Executive Symposium. The limited-seating event will kick off at 10 a.m.

The annual recognition, now in its fourth year, goes to companies rated against their peers on how well they spent their resources to achieve capital-efficient growth. Aerospace companies also are ranked on their competitiveness improvements during the last five years.

For the first time this year, AW&ST is recognizing the best Cargo Carrier. The winner is Federal Express, which has been beating industry average performance measured by the rating-standards for five years running.

In the aerospace realm, General Dynamics took the top spot for large companies, besting last year's winner Bombardier by a narrow margin. Elbit Systems will receive the award for the best medium-size firm, largely because of its high operating margins. The strongest small aerospace company this year is Herley Industries, Inc, designer and producer of microwave and millimeter wave components.
The strongest of the global air carriers this year is Singapore Airlines, through excellent margin performance. In the medium airline class, Ireland's Ryanair is keeping its strong streak alive. The company has snagged the Best-Managed Companies award for the third straight year, now, making it the most successful company in the Aviation Week rating system. Rounding-out the field is SkyWest Airlines, Inc, the regional carrier for both Delta Air Lines and United Airlines.