The impact of the strike by unionized workers at Textron Aviation, which delivers about 15 business jets a month, will depend on how long the action lasts.
StandardAero announced the launch of its initial public offering (IPO) process on Sept. 23, seeking to raise $1.1 billion at a valuation of up to $7.5 billion.
General Atomics AeroTec Systems has begun final assembly of the first wing for the Do228 NXT, four years after acquiring the program from Switzerland’s RUAG.
Wheels Up lead investors will extend the lock-up restriction with shares of Wheels Up common stock issued under its investment agreements until Sept. 20, 2025.
WHEELS UP secured 1-year extension to lock-up restriction from its lead investors DELTA AIR LINES, CK WHEELS and COX INVESTMENT HOLDINGS with respect to all of their shares of stock to continue to execute company's strategic plan.
Global Aviation industry leaders gathered in South Africa to exchange ideas on key opportunities in African Aviation during Aviation Africa Summit and Exhibition 2024.
Nigeria’s population of more than 200 million people and its vast land mass of over 900,000 square kilometres constitute a huge investment opportunity for the use of helicopters and the services that helicopters offer. However, the market is still largely unexplored as the business yearns for more investment.
Sticking points are pay, healthcare and job security, union officials say. The current contract expires just after midnight on Monday, Sept. 23, when the strike begins.
Twelve has raised $645 million in funding to help complete its power-to-liquid SAF production plant in Moses Lake, Washington and to pay for additional plants.
Officials of ATW in Appleton, Wisconsin, broke ground on its business park expansion project, aiming to accelerate growth in local aviation-related businesses.
Hunter Weiss, Welsch Aviation’s president, discusses a few key things that have kept the 75-year-old aircraft broker in business, as well as trends he sees.
