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Volatus Aerospace | April 06, 2023
Volatus Aerospace Corp. ("Volatus" or "the Company") announced today that it has completed the acquisition of Sky Scape Industries, LLC., of Woodbine New Jersey. The transaction was first announced in a press release on March 2, 2023. Expected 2023 revenue from existing inspection projects is C$1.4M of which approximately C$1M is recurring with margins, net income, and expenses within historical norms for projects of this nature. Volatus has been providing in...
Air Transport
Aireon LLC | February 16, 2023
Norway's air navigation service provider, Avinor ANS, has started using Aireon's market-leading space-based automatic dependent surveillance-broadcast (ADS-B) data from this month to back air traffic operations through the entire Bodø Oceanic Flight Information Region (OFIR). Avinor ANS began using Aireon ADS-B data below FL 100 for the Bodø OFIR in oceanic environments in April 2022 with the primary goal of providing robust helicopter operations, rescue, a...
Boom Supersonic | January 27, 2023
On January 26, 2023, the creators of one of the world's fastest airliners, Boom Supersonic, started constructing its Overture Superfactory in Greensboro, North Carolina. The Overture Superfactory, located on a 62-acre campus at the Piedmont Triad International Airport, is a state-of-the-art manufacturing facility. For the Boom's flagship supersonic airliner, Overture's 62-acre site will house the final assembly, test facility and customer delivery center. The company...
American Airlines | July 15, 2020
American Airlines' top executives on Wednesday backed efforts to extend billions in federal aid to protect aviation jobs through March as the pandemic's impact on travel threatens tens of thousands of positions. Some $32 billion in federal aid was set aside to protect jobs in the U.S. airline industry, and it prohibited employers from cutting positions through Sept. 30 under the CARES Act relief package that lawmakers passed in March....
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