Worldwide business and general aviation avionics sales rose 13% in the first three months of 2018 to $639.8 million, compared to a year ago, according to the Aircraft Electronics Association.
Airline brand OneJet, which provides point-to-point service to small and midsize markets, has signed an agreement for its first acquisition, Ohio-based operator Ultimate JetCharters.
Having received about 150 applications for the Trump administration’s unmanned aircraft system (UAS) Integration Pilot Program (IPP), the Transportation Department has doubled to 10 the number of projects to be funded.
Honeywell International announced May 1 it will have a new chief financial officer (CFO) by Aug. 3, naming Greg Lewis to succeed Tom Szlosek, “who has decided to retire for personal reasons.”
The U.S. Transportation Department will use its exemption authority to issue certificates to operators of small unmanned aircraft system (UAS) seeking to transport goods for compensation, a procedural step toward allowing delivery drones.
Panasonic Corp. of Japan and its U.S. subsidiary Panasonic Avionics Corp. (PAC) will pay $280 million to resolve Foreign Corrupt Practices Act and accounting fraud violations, the U.S. Justice Department and Securities and Exchange Commission (SEC) announced separately on April 30.
Dubai-based Jetex Flight Support commits to installing a charging network to support private flights using Wright Electric’s planned nine-seat electric aircraft.
A privacy watchdog organization has filed suit against FAA’s Drone Advisory Committee (DAC), charging that the industry-government group has failed to release records and make subcommittee and task group meetings open to the public in violation of federal open-meeting requirements.
The U.S. Congress took a major step toward bringing an end to more than three years of contentious debate over FAA reauthorization with the House voting overwhelming to pass legislation that would authorize the agency through Sept. 30, 2023.
Rep. Bill Shuster (R-Pennsylvania) agreed to remove a controversial proposal from a “Manager’s Amendment” included in an FAA long-term funding bill, which would have moved management of the FAA to the U.S. Department of Transportation.
Fred Schrameck, the former CEO of Epic Air of Bend, Oregon, has pleaded guilty to one count of wire fraud for a scheme involving his consumer aviation company, Aircraft Completion Services
The used aircraft market is stabilizing with asset quality and pricing at their best points in the past six months and many asking prices increasing, according to Asset Insight’s first-quarter 2018 market report.
JetBlue Airways’ commercial tie-up with boutique scheduled charter operator JetSuiteX is both a long-term play for the mainline carrier and an indicator of how underserved communities could regain air-service network connectivity without relying directly on traditional airlines.
Private investment firm Ardian plans to divest its 49% stake in London Luton Airport, from its $67 billion portfolio, after reaching an agreement to sell the shares to global investment manager AMP Capital.
Gulfstream Aerospace delivered fewer business jets in the first quarter of 2018 compared to a year ago, although sales are strong, the company said April 25.
The Teamsters union local representing Flexjet and Flight Options pilots has filed a request for mediation between the parties with the National Mediation Board.
