Downtown Skyport, backed by Skyports Infrastructure and Groupe ADP, has been selected to operate the Downtown Manhattan Heliport for five years from January.
ACERINOX, Spain acquired HAYNES INTERNATIONAL, IN (advanced high-performance alloys) and combined company with VDM Metals to form its High-Performance Alloys (HPA) Division for which it will invest ~$200m through 2028.
ABLE AEROSPACE received FAA approval for its new Safety Management System (SMS) implementation plan to support aircraft maintenance and aircraft component maintenance out of its 250,000 sq ft facility in Mesa, AZ.
BOEING says it is at a low and cannot again tap investors for money to boost its balance sheet. It is now burning through billions of dollars, won't turn cash-flow positive until it ramps up production, and doesn't have money to launch a new jet.
A whitepaper produced for Arabian Travel Market (ATM) by Digital Tourism Think Tank (DTTT) has highlighted the need to meet UN tourism-related sustainability goals.
AEROVIRONMENT agreed to acquire BLUEHALO, VA (space technologies/cUAS/EW/AI) in an all-stock deal valued at $4.1b; AV will issue 18.5m shares of its common stock to BlueHalo stakeholders, including Arlington Capital Partners.
The ACC roadmap calls for airlines to trigger demand by including circular material requirements in requests for proposals and material purchase orders.
The company has also announced a partnership with Tecnam aircraft dealer Altisky for local assembly and distribution across North America and the Caribbean.
