Magellan Aviation Group

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...

BUSINESS AVIATION, COMMERCIAL AVIATION

Volato | September 17, 2022

Volato, the most efficient way to experience a luxury private jet, today announced a new relationship with Gulfstream and a fleet order of Gulfstream G280 aircraft. With four on firm order, the aircraft will add significant capability to Volato's existing fleet of HondaJet Elites. This expansion evolves Volato's business model as they look to service a greater share of the private aviation market. Volato will be the first company to fractionalize the Gulfstream G280, preselling fractions...

DEFENSE AND SPACE

Elbit Systems Ltd. | May 31, 2022

Elbit Systems Ltd. announced that it was awarded a $69 million contract to supply Electronic Warfare (EW) capabilities to a country in Asia-Pacific. The contract will be delivered over a period of three years. Oren Sabag, General Manager of Elbit Systems ISTAR & EW, said: "We witness a growing demand for our EW capabilities as militaries around the world increasingly recognize the importance of dominating the electromagnetic spectrum." About El...

PhocusWire | March 26, 2020

Airline partnerships have been around for quite some time, with the first codeshare agreement having been created in the United States as early as the 1960s. Today, many airlines still maintain partnerships with each other, be it in the form of bilateral arrangements or by joining an alliance. The technology that has enabled these partnerships, however, hasn’t changed much over the last few decades. Each new collaboration between two carriers requires considerable investment and adds an ex...