Latest News

March 22, 2007, 7:23 AM

Allied Capital, a Washington, D.C.-based business development firm, last month finalized a complex, controversial $81 million deal (including closing costs) to acquire the Mercury Air Centers (FBO) division of Los Angeles-based Mercury Air Group.

March 22, 2007, 7:20 AM

In one of its longest investigations into a general aviation accident, the NTSB released its final report last month on the Oct. 10, 2000, crash of a Canadian-registered Bombardier Challenger 604 during a manufacturer’s test flight at Wichita Mid-Continent Airport.

March 22, 2007, 7:16 AM

The Czech government has pledged $13.5 million over three years to a consortium of 16 companies to build and market a nine- to 14-seat twin turboprop dubbed the EV-55.

March 22, 2007, 7:15 AM

Three Italian aviation officials and an air traffic controller have been sentenced to jail terms of between six and eight years after being convicted of manslaughter and negligence over the Oct.

March 22, 2007, 7:13 AM

The Canadian Cabinet has approved a $250 million loan from the so-called Canada Account for a past transaction involving 10 Bombardier CRJs to Cincinnati-based Comair.

March 22, 2007, 7:12 AM

Independence Air’s designs on developing a Midwestern outpost for new discount-fare flights could suffer a serious blow if regulators follow through with proposed new slot restrictions at Chicago O’Hare Airport.

March 22, 2007, 7:11 AM

When NBAA hired Shelley Longmuir less than a year ago, the board of directors said the new president would raise the association to a new level. Apparently there was disagreement between Longmuir and the board on just what that next level should be.

March 22, 2007, 7:10 AM

Bombardier has agreed to extend the delivery schedule of US Airways’ regional jets by a year and convert an order for twenty-three 50-seat CRJ200s to positions on 70-seat CRJ700s, now scheduled to enter service with wholly owned subsidiary PSA Airlines through March 2006.

March 22, 2007, 7:08 AM

Since Connexion by Boeing was announced four years ago, the service has matured from tantalizing possibility to in-service reality.

March 22, 2007, 7:05 AM

Buoyed by strong sales of its RVSM cockpit equipment to airlines and business aircraft operators, Exton, Pa.-based Innovative Solutions & Support (IS&S) this year looks on pace to post record revenue and profits.

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