Aviation International News » May 2007

April 27, 2007 - 8:06am
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The deal to sell Raytheon Aircraft to the investment duo GS Capital Partners and Onex Partners for $3.3 billion in cash was finalized March 26 after slightly more than three months of negotiations and legal hurdles. It marked the end of the OEM’s more than 25 years as a relatively small part of a $20 billion public corporation and the beginning of Hawker Beechcraft, a name strong on the company’s history and brands.

April 27, 2007 - 7:51am
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Like two punch-drunk prizefighters locked in a clinch, general aviation and the airlines continue to rain body blows on each other over the pending FAA reauthorization proposal that would shift much of the cost of funding the ATC system from airline passengers to GA operators.

 
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