MAG (Airports Group)

Simple Flying | April 19, 2020

United Airlines has entered into a sale and leaseback agreement with BOC Aviation for 22 of its aircraft. This means that BOC Aviation will purchase the planes from United and then lease those same planes back to the airline, as announced on April 19th....

Defense and Space

Curtiss-Wright Corporatio | July 06, 2022

Curtiss-Wright Corporation announced that it has completed the acquisition of the Safran Aerosystems Arresting Company for $240 million in cash. SAA is a designer and manufacturer of mission-critical, fixed-wing aircraft emergency arresting systems with a strong installed base of more than 5,000 systems worldwide including sales to more than 70 countries. The acquisition of the Safran arresting systems business firmly establishes Curtiss-Wright as a leading global supplier of fixe...

Air Transport

PRnewswire | June 30, 2023

Firefly Aerospace, Inc., an end-to-end space transportation company, today announced it signed a launch agreement with Lockheed Martin to support a technology demonstration mission that will launch aboard Firefly's Alpha vehicle. "Firefly's flight-proven hardware and rapid launch capabilities are well-aligned with Lockheed Martin's mission needs, and we're proud to serve as one of their launch providers," said Bill Weber, CEO of Firefly Aerospace. "...

Air Transport

Joby Aviation | July 30, 2021

Joby Aero Inc., a California-based company developing all-electric aircraft for commercial passenger service, announced that it has begun obtaining a Part 135 Air Carrier Certificate from the Federal Aviation Administration (“FAA”) to establish the first eVTOL airline. Joby needs a Part 135 Air Carrier Certificate to operate its revolutionary aircraft as an air taxi service in cities and communities throughout the United States. This is one of three regulatory approval...