C&L Aviation Group has purchased two ATR72-212 aircraft to be parted out at its Bangor, Maine, headquarters in order to make parts available for sale or exchange to ATR operators.
Shares of specialty aerospace and defense electronics provider Astronics skyrocketed as much as 17% in price by midday Jan. 12 after the company raised its sales outlook.
Following years of preparation, civil and military air traffic controllers are working “shoulder to shoulder” at Schiphol-East, the oldest part of Amsterdam Airport Schiphol, the Dutch government announced.
The safety board says an unstable approach by the pilot led to the March 29, 2016, crash of a privately operated Mitsubishi MU-2B-60 twin-engine turboprop that killed all seven occupants.
London Biggin Hill has set goals for the airport which include the creation of 2,300 new jobs in the next two years and a total of 3,000 new jobs by 2031.
Shareholder approval came despite significant concerns voiced over the proposed acquisition by leading aircraft manufacturers Airbus and Boeing, as well as by some investors.
Boeing HorizonX, which the airframer set up to pursue potentially disruptive ideas inside as well as outside the company, has flown a prototype electric vertical-takeoff-and-landing (eVTOL) unmanned cargo aircraft. The eight-rotor cargo air vehicle (CAV), which can carry a payload of up to 500 lb., was designed and built in less than three months by a cross-company team. The prototype has completed initial flight tests at Boeing Research & Technology’s (BR&T) Collaborative Autonomous Systems Laboratory in St Louis.
Global aviation aftermarket services provider AAR on Jan. 18 said Chairman and CEO David Storch will retire as chief executive, effective May 31, and that President and Chief Operating Officer John Holmes will become CEO the next day. Storch hands over the reins after a lifetime career at AAR, especially after helping to build its presence in the increasingly popular aftermarket market in recent years, including high-profile contract awards.
