Richmor Aviation, Inc.

Aviation Technology

The Sterling Group | March 03, 2022

The Sterling Group ("Sterling"), an operationally-focused middle market private equity firm, is pleased to announce the acquisition of West Star Aviation, LLC ("West Star") from Norwest Equity Partners. West Star is a provider of maintenance, repair, and overhaul ("MRO") services to the business aviation industry providing maintenance, modification, and other services to aviation customers. West Star provides services at four primary locations in East Alton, Illinoi...

Aviation Technology

Panasonic Avionics Corporation | June 15, 2022

Panasonic Avionics Corporation unveiled the future of airline passenger engagement with the launch of its new in-flight entertainment (IFE) seat-end system, Astrova, by Panasonic Avionics. "The launch of Astrova by Panasonic Avionics reflects a transformation in our business, how we develop our products, and how we engage with our customers. Astrova is the first in-flight entertainment solution to truly recognize the untapped potential of seatback IFE an...

Defense and Space

Sandhills Global | July 07, 2022

According to the latest Sandhills Global market reports covering the aviation industry, values for piston single, turboprop, and jet aircraft may have peaked this May. All aviation categories displayed month-to-month value decreases from May to June, and with the aviation market showing signs that values might continue their drop in the near future, sellers could need to adjust asking values going forward based on the available inventory. The market reports show that rising inventory levels are ...

Aviation Technology

CAE | July 16, 2021

CAE stated today that it will invest C$1 billion in innovation over the next five years. The investment will go toward Project Resilience, a transformation project aimed at developing tomorrow's technologies, such as digitally immersive solutions based on data ecosystems and artificial intelligence in civil aviation, defense and security, and healthcare. CAE will also be able to position itself as a leader in end-to-end technology, operational support, and training solutions for Advanced Air...