Avtrade

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...

Delta | October 13, 2020

Delta Air Lines sees an opportunity to do a little more regional flying due to changing living patterns in the United States. With new opportunities arising from people taking advantage of work from home programs, Delta could look at new options to medium- and small-sized destinations. FlightGlobal reports that Joe Esposito, Senior Vice President of Network Planning at Delta Air Lines, believes that work from home programs at companies are leading Americans to abandon bigger, more expensi...

Lufthansa Group | July 28, 2020

Lufthansa Group’s flagship carrier Lufthansa has reinstated flights between Frankfurt International airport and New York City’s John F Kennedy International airport after four months of suspension due to the coronavirus global health emergency. The Frankfurt, Germany-based airline says on 27 July it will fly an Airbus A330-300 five times weekly between its largest hub and New York City, beginning the same day. At the end of August, it will operate daily flights on the route fo...

Spirent Communications plc | September 20, 2021

Spirent Communications plc, the world leader in global navigation satellite system (GNSS) test and assurance solutions, today announced the launch of Spirent GNSS Foresight, an innovative cloud-based solution that lets operators know in advance where and when GPS or GNSS positioning is reliable for unmanned and autonomous journeys. GNSS Foresight accurately predicts where and when unmanned vehicles, air taxis, and drones can operate safely and dependably beyond visual line of sight (BVLOS), espe...