European Commission (EC) president Ursula von der Leyen has confirmed that work is underway on a “Digital Green Pass,” which aims to facilitate the restart of European travel.
Biofuel producer Gevo has signed a MOU with Germany’s HCS Group to build a renewable hydrocarbon facility in Speyer, Germany, which will produce sustainable aviation fuel (SAF).
Flight crews must prepare and have a heightened awareness of security issues when they travel, especially when flying internationally. Here is a checklist of things to consider.
Nearly 70% of fixed base operators in the U.S. and Canada responding to a survey say fuel sales dropped in 2020 due to the COVID-19 pandemic, according to an annual FBO fuel sales survey.
Signature Aviation has reached an agreement on the terms of a sale of the company in a revised bid by Blackstone Infrastructure, Blackstone Core Equity, Global Infrastructure Partners and Cascade, an investment firm controlled by billionaire Bill Gates.
NetJets has acquired a 20% stake in WasteFuel, a company that turns landfill waste into sustainable aviation fuel, with plans to purchase at least 100 million gal. of the fuel over the next 10 years.
Wheels Up has entered an agreement to become a publicly traded company through a merger with Aspirational Consumer Lifestyle Corp., a special purpose acquisition company, Wheels Up announced Feb. 1.
As expected, Bombardier has announced the closure of the sale of its rail business to French-based Alstom, with net proceeds of about $3.6 billion, including $600 million in Alstom stock shares.
A South Korean team including an airport operator, air-taxi developer and communications provider has been formed to commercialize urban air mobility in the country beginning in 2025.
As it ramps up plans to launch its regional air mobility service, German startup Lilium has partnered with airport constructor and operator Ferrovial to develop and operate a network of at least 10 vertiports across Florida.
Customers of TransDigm Group expect to pay roughly 2% higher prices this year from the key aerospace and defense parts provider, compared with an average of just 0.8% more across the whole aerospace supplier base, according to new survey results from Jefferies analysts.
Utilizing Aviation Week’s Marketplace the BCA Staff collated three companies specializing in new flight planning. From runway analysis to flight planning, take a look and learn more.
In purely financial terms, it is not one of the biggest deals of the decade. But Gama Aviation’s acquisition of Trenton, New Jersey-based Jet East Corporate Aviation may highlight one way out of the post-COVID-19 doldrums for business aviation MRO.
Signature Aviation, which operates Signature Flight Support, the world’s largest FBO chain, has accepted a cash offer of $4.63 billion from Global Infrastructure Partners for the business, the company said Jan. 11.
At the close of a tumultuous 2020, several private charter specialists paint a picture of positivity around the sector that suggests better times will follow as COVID-19 vaccination programs begin to be rolled out worldwide.
Aerospace supplier Moog has acquired avionics provider Genesys Aerosystems of Mineral Wells, Texas, from McNally Capital and Genesys managers for about $77.7 million, the companies announced late Dec. 21.
Blackstone is in talks with Signature Aviation for a possible takeover bid of $5.17 per share of Signature stock, Signature confirmed in a statement, noting the recent movement in its share price.
