Following an unsuccessful attempt in May by the town board of East Hampton to close the public airport (HTO) and reopen it 33 hours later as a private-use town airport (JPX), the board has now switched paths and requested that its attorneys begin the process of shutting down the airport entirely.
Consolidation has amplified the age-old supply/demand dilemma that affects any market undergoing a rate of expansion that cannot be easily met by creating new capacity, and some smaller players in business aviation are feeling the pinch.
“Despite the challenges facing businesses and sectors, it’s been one of the most active few years for Global Jet both with charter and aircraft sales,” the company said ahead of the opening of EBACE 2022.
Gulfstream Aerospace Corp. has announced the company will expand completions operations at its St. Louis Downtown Airport (CPS) facility in Cahokia, Illinois, located less than three miles from the Gateway Arch riverfront in St. Louis.
Stakeholders, including the National Business Aviation Association (NBAA), have filed a pair of motions in the U.S. District Court for the Eastern District of New York requesting to pause the planned closure of East Hampton Airport.
Growing FBO network operator Modern Aviation has agreed to acquire three FBO locations in the Sacramento, California, area operated by Superior Aviation Company (SACjet).
Since joining the family business in the 2000s after a spell working in insurance, Robert Walters has had an unbetterable view as Biggin Hill has undergone a radical transformation.
Andre Stein, Eve Air Mobility CEO, talks about the work the company, which is soon going public, is doing to set up advanced air mobility operations around the world.