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Magellan Aerospace Limited | March 08, 2023
Magellan Aerospace Corporation, a global aerospace company, recently announced signing a long-term agreement (LTA) extension with Collins Aerospace, a Raytheon Technologies business. The agreement is to manufacture aluminum castings and complex magnesium for various military and commercial aerospace platforms. Magellan’s facilities will produce the castings in Glendale, Arizona and Renfrew, Ontario. The LTA extension with Collins renews the framework for strategic alignmen...
Aviation Technology
Business Wire | October 12, 2023
Archer Aviation Inc. a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced that it has closed agreements with Synovus Bank and Evans General Contractors, LLC for the financing and development of its high-volume manufacturing facility in Covington, Georgia. Construction is already underway on the first phase of the Covington facility build out of approximately 350,000 square...
Business Aviation
Ontario International Airport Authority (OIAA) | January 14, 2022
The Ontario International Airport Authority (OIAA) Board of Commissioners approved a 10-year concession agreement for the operation of a new duty-free retail outlet at Ontario International Airport (ONT). The Board's action cleared the way for 3Sixty Duty Free and More Inc. (3Sixty), a leader in global travel retail operations headquartered in Miami, to open the new retail outlet in Terminal 2 in July 2022. 3Sixty operates duty free/duty paid retail outlets at m...
Simple Flying | April 03, 2020
Thomas Cook Aviation has declared bankruptcy. The news came after its contracts with its sole customer, the German carrier Condor, were canceled. Around half a year ago the Thomas Cook Group collapsed into bankruptcy.You may have read the title of this story thinking ‘hang on, Thomas Cook declared bankruptcy last September?” Well, you would be correct, the Thomas Cook Group did collapse. However, despite the collapse of its parent company Thomas Cook Aviation continued operatio...
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