Last month, PCX Aerosystems announced it was buying nearby Senior Aerospace Connecticut. This month, Greenbriar Equity Group announced it will buy PCX from RFE Investment Partners.
The organizers of Aero Friedrichschafen in Germany, which had been postponed until July, have canceled the event for the second year in a row because of the COVID-19 pandemic.
Zero-emissions propulsion startup Universal Hydrogen has raised $20.5 million in Series A funding from investors including the venture arms of Airbus, JetBlue Airways and Toyota.
Europe is looking to business aviation to take the lead in adopting sustainable aviation fuels because of its greater willingness compared with the airlines to pay a premium for low-carbon fuel, at least until production is scaled up and prices come down.
An alliance has been launched with the goal of accelerating investment in sustainable aviation fuels by creating a certificate system that provides a standardized approach to verifying and tracking the emissions reductions from the low-carbon fuels.
Morf3D, an additive manufacturing startup that once was the darling of Boeing new-investment efforts, has a new 90,000-sq.-ft. headquarters in Long Beach, California, and is now controlled by Japanese camera giant Nikon.
ExpressJet, a U.S. regional carrier that stopped flying in September, is seeking permission to begin scheduled commercial operations under its own brand.
A coalition representing every segment of the U.S. civil aviation industry is urging the Biden administration’s recently unveiled American Jobs Plan to include performance-based measures to spur sustainable aviation fuel production.
Dutch investment company Panta Holdings has acquired Fokker Services and Fokker Techniek, aviation aftermarket businesses, from Fokker Technologies/GKN Aerospace.
Nearly 70% of fixed base operators in the U.S. and Canada experienced a decline in fuel sales in 2020 compared to the previous year, according to an annual FBO fuel sales survey by the Aviation Business Strategies Group.
Fast Air Jet Center says it has become Canada’s first carbon-neutral fixed base operator. The FBO, located at Winnipeg Richardson International Airport in Manitoba, Canada, continues its commitment to being run on a net zero basis for its carbon footprint, it says.
A day after Singapore Airlines announced that it will trial the IATA Travel Pass mobile application, China announced its own version of a digital health certificate.
Privately held PCX Aerosystems, a Newington, Connecticut, aerospace supplier, will buy Senior Aerospace Connecticut (SAC) in Enfield from Tier 2 supplier Senior for $74 million.