VSE Corporation (NASDAQ: VSEC), a leader in aftermarket distribution and repair services, released its financial results for the third quarter of 2024, showcasing substantial growth in its Aviation segment and continued advancement in its Fleet segment. Management Commentary “We are…
The U.S. Federal Aviation Administration (FAA) has awarded Indra a contract, valued at up to $244.3 million if all options are exercised, to modernize its air traffic management (ATM) communication systems. This contract, resulting from a competitive process involving three…
Toyota Motor Corporation (NYSE: TM) and Joby Aviation, Inc. (NYSE: JOBY), a developer of electric air taxis for commercial use, have announced the successful completion of Joby’s first international exhibition flight at Toyota’s Higashi-Fuji Technical Center in Shizuoka, Japan. The…
Porter Airlines is expanding its U.S. network with three new seasonal routes from Ottawa International Airport (YOW) and Montréal-Trudeau International Airport (YUL). This weekend, Porter inaugurates nonstop service from both Ottawa and Montréal to Las Vegas Harry Reid International Airport…
TRU Simulation + Training Inc., a Textron Inc. (NYSE: TXT) company, has announced that Australia’s Civil Aviation Safety Authority (CASA) awarded Level D certification to a Full-Flight Simulator (FFS) recently delivered to the Royal Flying Doctor Service (RFDS) Queensland Section.…
Juniper Networks® (NYSE: JNPR), a leading provider in secure, AI-driven networking, announced that Thai Airways has upgraded its network infrastructure at its Thailand headquarters with Juniper’s AI-Native Networking Platform. This platform delivers timely, accurate data, real-time response, and robust infrastructure,…
Cirium, a leading authority in aviation analytics, has released its 2024 Fleet Forecast Report through Cirium Ascend Consultancy, providing a comprehensive look at the future of the global commercial passenger and freighter markets. This marks the twelfth consecutive year the…
Textron Aviation recently announced the successful first flight of its Cessna Citation CJ4 Gen3 prototype, which took to the skies in early October. This milestone comes alongside the company’s introduction of three new Gen3 models—the Citation M2 Gen3, CJ3 Gen3,…
I Squared Capital has announced a definitive agreement to acquire Philippines Coastal Storage & Pipeline Corporation (PCSPC) and its affiliated entities. Located in the Subic Bay Freeport Zone and serving the Luzon Economic Corridor (LEC), Philippines Coastal is the largest…
Textron Aviation has announced Ryan Samples, a longtime Cessna Citation customer, as the launch customer for the new Cessna Citation CJ4 Gen3 business jet. The company unveiled the aircraft today at the National Business Aviation Association – Business Aviation Convention…
Textron Aviation recently announced the successful first flight of its Cessna Citation CJ4 Gen3 prototype, which took place in early October. This milestone coincides with the company’s introduction of three new Gen3 models at the National Business Aviation Association –…
Textron Aviation has unveiled the next generation of its legendary Cessna Citation family with the introduction of the Citation M2 Gen3, CJ3 Gen3, and CJ4 Gen3 light jets. A major advancement for these models is the inclusion of Garmin’s revolutionary…