News of business aviation promotions, appointments and honors.

Textron, parent company to Textron Aviation, Bell and other subsidiaries, has rejected a “purported” tender offer from London-based Xcalibur Aerospace to acquire Textron common stock, the company says. 

In 2019, the business and commercial aviation sectors were promoting career pathway programs as a hedge against the yawning gap in pilot supply and demand expected in the coming decades.

Triumph Group will at least announce the sale of the rest of its aerostructure business before April 2021, if not close on the deal, the supplier’s chief executive asserted Nov. 5.

Since March, private aviation has highlighted the inherent advantages it offers people who need to travel but are unwilling to take the risk of exposure to COVID-19 that comes with flying on a commercial airliner. But how best to identify and address this potential new market?

Ontic has acquired manufacturing rights from Pratt & Whitney Canada Corp. for a number of JT15D engine parts, in a fourth phase of a process that began in 2015, the product manufacturer said.

Gulfstream Aerospace is optimizing its new and expanded network facilities with the move of work from its facility in Long Beach, California, to other locations.

AML Global Eclipse, a U.S. firm, has reached an agreement with One Aviation Corp. to buy the assets of Eclipse Aerospace and the Eclipse Aircraft project for a proposed $5.25 million.