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Air Transport, Business Aviation

Boom Supersonic | December 16, 2022

Boom Supersonic, the company building the world's fastest airliner, announced FlightSafety International as its exclusive partner for Overture supersonic flight training and education. FSI is the premier professional aviation training company and supplier of flight simulators to the world's leading commercial aircraft manufacturers and operators. FSI will develop a training program and curriculum for Overture pilots, mechanics, and cabin crew, specifically tailored for supersonic flight ...

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...

Aerospace

AvAir | January 23, 2023

For the third consecutive year, an aviation aftermarket customized inventory solution provider AvAir was awarded the No.1 position, "Parts Supplier of the Year" on Airline Economics' Aviation 100, acknowledging it as a global leader and authority in the industry. The Parts Supplier of the Year award is evaluated according to the following criteria: clients on books/new clients in the last year, parts stocked, locations/employee count, supply and timescale, ability ...

Aerospace

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...