Hydra-Electric Company

Aviation Technology

CAE, Jaunt Air Mobility | May 13, 2021

CAE confirmed recently that Jaunt Air Mobility has chosen to lead the design and development of the Jaunt Aircraft Systems Integration Lab (JASIL) for the company's latest all-electric vertical take-off and landing (eVTOL) aircraft, the Journey. CAE will collaborate with Jaunt to add best-in-class simulation and modeling to the aircraft development program from the start, leveraging CAE's 70+ years of experience in high-fidelity simulation. The Jaunt Journey's certific...

Commercial Aviation

AE Industrial Partners | September 16, 2021

AE Industrial Partners, LP ("AEI"), a US-based private equity firm specializing in aerospace, defense & government services, space, power generation, and specialty industrial markets, announced today that it has expanded its Unmanned and Autonomous platform through the acquisition of Jennings Aeronautics, Inc. ("JAI"), a leading provider of innovative Small Unmanned Aerial Systems . JAI will be combined with UAV Factory, a global leader in tactical Unmanned Aerial Vehicle...

Aviation Pros | February 24, 2020

C&L Aerospace, A C&L Aviation Group company, has purchased a package of ATR inventory from Intertrade. As part of the transaction, C&L has acquired over 1,400-line items to be added to their existing ATR inventory. All parts from the program are now stocked in C&L’s UK and Bangor, ME, USA warehouses and available for sale or exchange....

Buying Business Travel | February 18, 2020

The global airline industry has seen a 106 per cent increase in revenue earned from the sale of ‘a la carte’ ancillary services since 2015, rising to US$75.6 billion in 2019. Europe – commonly referred to as the ‘birthplace’ of airline a la carte revenue – continues to lead the global charts, with carriers based across the region and Russia taking in US$31.5 billion in 2019, an increase of 122 per cent, according to research by IdeaWorksCompany and CarTrawler....