More private equity firms and hedge funds are considering entering the business aviation finance sector in order to diversify their portfolios, Global Jet Capital says.
Boosted by new orders for its Q400, Bombardier has dusted off plans to move production of the cockpit and wing for the regional turboprop from Toronto to lower-cost locations outside Canada.
Ducommun has completed the acquisition of the corporate parent of Lightning Diversion Systems, a provider of lightning protection systems across the aerospace and defense industry.
U.S. lawmakers appear to be shelving a proposal to outsource or “privatize” federal air traffic control services and are increasingly arguing over just how long of an extension to provide to FAA reauthorization.
Continental Motors Group has signed a letter of intent with Stonemont Financial Group and Clayco to develop its new $25 million headquarters at the Mobile Aeroplex in Mobile, Alabama.
Law firm LeClairRyan has added 17 attorneys and staff to its aviation industry practice in a move that significantly expands its aviation law practice.
Just months before the U.S. Air Force is slated to choose an industry team to begin developing a new aircraft to replace its existing battlefield command-and-control and surveillance fleet, the service appears to be considering scrapping the program altogether.
Sierra Nevada Corp. has filed a bid protest with the U.S. Government Accountability Office over the U.S. Army’s cancellation of the Fixed-wing Utility Aircraft competition.
Air Partner in Europe has flown more than 5,000 passengers 90,000 mi., worked with 28 different airlines and departed and arrived through 59 airports in 21 countries in football-related flights.
Clay Lacy Aviation in Seattle has earned the first North American IS-BAH Stage II registration after undoing a rigorous third-party audit, resulting in the first stage of the registration.
Nigerian aviation transportation supplier Pan African has reached 27,000 hr. of operation on its Bell 407 helicopter, making it the highest number of flying hours on a Bell 407 in the world.
Four EagleMed bases in Kansas, operated by Med-Trans Corp., have sent aircraft and medical crews to Texas to support critical care air medical transports in the wake of Hurricane Harvey.
Flying Colours has completed maintenance, avionics upgrades and complete and extensive interior reconfiguration for a pair of Bombardier Challenger 850 aircraft for an undisclosed Fortune 500 company.
