Sky Harbour is planning to operate private-aviation campuses in at least four U.S. locations, offering personal, private and premium hangars in what it calls a “home-basing model.”
Investment firm KKR is providing a credit facility of up to $150 million to support the growth plans of private aviation services company Jet Edge International, the companies announced on June 8.
Investment firm KKR has agreed to acquire fixed-based operator (FBO) Atlantic Aviation from Macquarie Infrastructure Corp. (MIC) for $4.48 billion and assumed debt, the companies announced on June 7.
The management of Melbourne Orlando International Airport (MLB) was “surprised and disappointed” by Aerion Supersonic’s sudden decision to cease operations.
The COVID-19 pandemic has forced many businesses to amend operations and reschedule some long-term plans but for London Oxford Airport, its effects have catalyzed a major expansion.
The National Aviation Hall of Fame has postponed its 2021 enshrinement dinner and awards ceremony until 2022, it announced May 19, the second year the event has been put off because of the COVID-19 pandemic.
The perception that private business aviation travel is a luxury only for the rich has been changing for the better during the COVID-19 pandemic as more first-time users come into the industry.
Flexjet has reached carbon-neutral flight operations through a carbon-credit program via a partnership with 4AIR, the fractional private jet travel provider says.
The official start of perhaps the key driver behind the U.S. airport system’s success can be traced to May 13, 1946—the day President Harry S. Truman signed the Federal Airport Act into law.
BCA editor Bill Carey speaks with Vishal Hiremath, co-founder of fractional ownership company JetIt, about plans to launch sister company JetClub in Europe.
Business aviation flight activity in the U.S. continues to recover, with activity only down 5% in April compared to April 2019, according to WingX Advance.
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.