U.S. central bank leaders who set interest rate targets for large banks are warning about pain ahead for the economy. It is a price they are willing to pay to get history-making inflation under control, one of their core mandates.
GKN Aerospace, the British aerostructures giant undergoing a business overhaul under private ownership, has acquired Sweden’s Permanova Lasersystem, an existing supplier that specializes in laser welding and laser metal deposition systems.
The industry-government program dedicated to phasing out leaded aviation fuel by 2030 has named a senior coordinator and lead executives of its four focus areas.
Swiss-based Pilatus Aircraft has acquired Skytech, a U.S. service provider, aircraft vendor and long-term Pilatus business partner in the sales and service of Pilatus aircraft.
Honeywell has received approval on a Supplemental Type Certificate (STC) from the FAA for the installation of its Aspire 400 Satellite Communications System on Bombardier Global Express platforms.
Cirrus Aircraft plans to develop a $15 million Innovation Center to house more than 300 engineers, scientists and technicians in former Northwest Airlines Corp. facility at Duluth International Airport, Minnesota.
Gama Aviation said it will be the first Fixed-Base Operator (FBO) at Glasgow International Airport (EDI) to offer on-site security screening beginning in September.