Signature Aviation has reached an agreement on the terms of a sale of the company in a revised bid by Blackstone Infrastructure, Blackstone Core Equity, Global Infrastructure Partners and Cascade, an investment firm controlled by billionaire Bill Gates.

NetJets has acquired a 20% stake in WasteFuel, a company that turns landfill waste into sustainable aviation fuel, with plans to purchase at least 100 million gal. of the fuel over the next 10 years.

BCA Senior Editor Bill Carey spoke with Alex Franz, COO of private aviation services company Airshare about aviation preparations for Super Bowl LV…

Airports called on U.S. lawmakers to approve $17 billion in targeted aid as part of a new stimulus package currently being negotiated on Capitol Hill. 

Wheels Up has entered an agreement to become a publicly traded company through a merger with Aspirational Consumer Lifestyle Corp., a special purpose acquisition company, Wheels Up announced Feb. 1.

As expected, Bombardier has announced the closure of the sale of its rail business to French-based Alstom, with net proceeds of about $3.6 billion, including $600 million in Alstom stock shares.

A South Korean team including an airport operator, air-taxi developer and communications provider has been formed to commercialize urban air mobility in the country beginning in 2025.

As it ramps up plans to launch its regional air mobility service, German startup Lilium has partnered with airport constructor and operator Ferrovial to develop and operate a network of at least 10 vertiports across Florida.