Cirrus Celebrates Major Milestone: 600 Vision Jets Delivered Cirrus has achieved a significant milestone by delivering its 600th Vision Jet, marking a transformative moment in the evolution of personal aviation. As the world’s first and only single-engine jet to receive…
Vertical Aerospace Secures $180 million Investment Agreement a global leader in aerospace and technology that is pioneering electric aviation, has finalized definitive agreements and secured shareholder approval for a transaction involving up to $50 million in new committed funding. This…
Financial Results Innovative Solutions & Support Announces Q4 and Full-Year 2024 Financial Results Innovative Solutions & Support, Inc. (Nasdaq: ISSC) (“IS&S” or the “Company”), a leading provider of advanced avionics solutions for the commercial, business aviation, and military markets, has…
Airport Campus Expansion Sky Harbour Reveals Plans at Trenton-Mercer Sky Harbour Group Corporation (NYSE American: SKYH, SKYH WS) has recently announced an exciting new lease agreement with Mercer County, marking a significant step forward in the company’s expansion strategy. The…
Robinson Helicopter Company (RHC), a global leader in civil helicopter manufacturing, has reached a significant milestone in aviation maintenance. The company has announced that the Federal Aviation Administration (FAA) has approved an extension of the service life for the main…
Textron Aviation Inc., a subsidiary of Textron Inc. (NYSE: TXT), has announced that the Cessna SkyCourier, its versatile twin-engine, large-utility turboprop, has received type certification from Transport Canada Civil Aviation (TCCA). This milestone expands the SkyCourier’s potential to enhance operational…
Air Lease Corporation (NYSE: AL) has officially announced the successful closing of a substantial $966.5 million unsecured term loan facility, which is set to mature in December 2027. The significant financing arrangement comes as part of the company’s broader strategy…
American Airlines is enhancing the AAdvantage® program for 2025, continuing its tradition of making the loyalty program more rewarding for members. For the second consecutive year, the requirements for achieving and maintaining status and reward levels will remain unchanged, ensuring…
Japan Airlines (JAL) has been named one of the “Top 100 Global Companies” in the Corporate Startup Stars 2024 awards. Additionally, the airline received a “Special Award” recognizing the innovative work of its in-house venture arm, W-PIT. The Corporate Startup…
Virgin Galactic Holdings, Inc. (NYSE: SPCE) and the Italian Civil Aviation Authority (ENAC) have announced a Collaboration Agreement to evaluate the feasibility of conducting spaceflight operations from Grottaglie Spaceport in Puglia, Italy. The partnership will assess the technical and regulatory…
Oshkosh Corporation (NYSE: OSK), a global leader in purpose-built vehicles and equipment, has appointed Ranjit Nair as President of Oshkosh AeroTech. Nair will succeed Chuck Durst, who is set to retire in March 2025 after an impressive 39-year tenure with…
The “Commercial Aerospace Digital Solutions Sector, 2024-2033” report, recently added to ResearchAndMarkets.com, projects a robust growth trajectory for the global aerospace digital solutions sector. Generating $28.97 billion in revenue in 2023, the market is anticipated to expand at a compound…