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.
Piper Aircraft, based in Vero Beach, Florida, has received FAA certification for the G1000 NXi integrated flight deck for the Piper M500 single-engine turboprop and the M350 pressurized, single-engine piston aircraft.
High-profile camera maker GoPro announced Jan. 8 it is getting out of the consumer unmanned air vehicle (UAV) business as part of major restructuring and layoff plan.
In a further step toward making the takeover of Zodiac Aerospace a reality, Safran has appointed Hélène Moreau-Leroy director of the Zodiac integration project, the Paris-based company announced Jan. 8.
More than 25,000 pilots are now flying under BasicMed rather than with an FAA aviation medical certification, the Aircraft Owners and Pilots Association reports.
Airborne Wireless Network has entered into a support agreement with GE Aviation, which should “significantly accelerate” the development of Airborne Wireless’ Hybrid Radio and Free Optics Communications System.