An FAA and EASA grounding of all Cessna Citation Model 525, 525A and 525B bizjets is driving Atlas active winglets provider Tamarack Aerospace into bankruptcy.
The U.S. aerospace and defense sector was responsible for more than 2.56 million jobs in 2018, a 5.5% gain over 2017, the Aerospace Industries Association says.
After a nearly year-long hiatus, the FAA’s Drone Advisory Committee (DAC) met June 6 with a new chairman and a tasking from the agency to marshal industry behind a coming requirement that drones be capable of being identified in flight.
The mood seems to have shifted in the bizav market, with a decline in optimism, according to a recent global survey of owners and operators by JetNet iQ.
Honeywell International formally rolled out its big data crunching Forge software on June 6, targeting airlines, manufacturers interested in digital twins and anyone wanting better cybersecurity.
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) moved to further limit non-family travel to Cuba as part of an administration-wide effort to assert greater pressure on the country over its human rights record and support for the regime of Nicolás Maduro in Venezuela.
Cirrus Aircraft has a new CEO, Zean Nielsen, as Dale Klapmeier moves into a senior advisory role with the company he co-founded, effective immediately.
The commercial drone industry has graduated from pilot projects and is poised for rapid growth, the new chairman of the FAA’s Drone Advisory Committee says.
The European Aviation Safety Agency has certified Aireon to provide surveillance services in support of aircraft separations, the first such OK, the company said.
The marketplace for urban air mobility for the masses is not expected to take off for several more years, but once it does it could become a multi-billion-dollar enterprise that upends traditional helicopter manufacturing, suggest new consultant studies on electrically powered vertical takeoff and landing (eVTOL) aircraft.
A new forecast predicts 11,765 transactions for used business aircraft valued at $61 billion will take place over the next five years and 3,444 new deliveries valued at $90.5 billion, according to Jetcraft, a business aircraft sales and acquisitions firm.
Honeywell on June 3 unveiled a compact flight-control computer designed to drive electric actuators and dynamically adjust flight surfaces and motors of urban air mobility (UAM) vehicles.
The FAA is working with drone service providers to develop data use standards by this summer that represent a step toward having third parties provide remote identification (ID) services for small unmanned aircraft.
Wheels Up, a membership-based private aviation company, has acquired wholesale light jet charter operator Travel Management Co., which operates a fleet of 26 Hawker 400XP aircraft.
Work to permanently remove pavement at each end of the runway at Santa Monica Airport in California is scheduled to begin June 16 and will be completed in five phases.
The de Havilland name has returned to aircraft manufacturing with the completion of the $300 million sale of the Dash 8 program by Bombardier to Canada’s Longview Aircraft Capital.
GlobeAir, the only operator to have demonstrated that an air taxi service with a fleet of small jets can be a viable business in Europe, is now talking to major airlines to offer them a “last mile” service.
Aircraft engineering, modification and completion specialist GDC Technics has completed and delivered two BBJ 787s to a confidential head-of-state client.
