GDC Technics, Ltd.

Air New Zealand | June 08, 2020

Air New Zealand (ANZ) has painted a stark picture of the next two years, expecting to be just 70% of its former size in 2022, with long-haul travel a distant prospect for 2021. In a letter to company employees, ANZ chief executive Greg Foran expects that the carrier will fly just 13 million passengers in 2022, compared with 18 million annually before coronavirus pandemic....

Advanced Magnet Lab, Inc. | August 31, 2020

Advanced Magnet Lab, Inc. (the "Company" or "AML") announced today that the U.S. Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E) has selected AML for the development of innovative lightweight and ultra-efficient electric propulsion motors, drives, and associated thermal management systems for commercial electric aircraft....

Aviation Technology

Kaman | May 30, 2022

Kaman Corporation announced that it has entered into a definitive agreement with Parker-Hannifin Corporation under which Kaman will acquire Parker’s aircraft wheel & brake division for $440 million, subject to a customary working capital adjustment and the receipt of all necessary regulatory approvals (the “Transaction”). Parker is divesting Aircraft Wheel & Brake in order to secure approval from certain governmental authorities in connection with Parker’s previou...

GA Telesis and GMI Aero | May 11, 2021

GA Telesis, LLC has announced to become a global distributor for GMI Aero's vast product line of composite repair tooling, heating, and bonding equipment. This collaboration is an important addition to GA Telesis' Tarmac Solutions team's offering of vital resources for airlines and MROs to manage and sustain their fleets. “We are delighted to collaborate with GMI Aero as we add their distinctive product line to our vast Tool and GSE distribution portfolio,&...