Servisair

Mitsubishi | June 02, 2020

The Mitsubishi Aircraft SpaceJet program has halted all flight testing worldwide and is winding down production to zero. The company said it must first meet cost targets and then work out a plan to get a type certificate (TC). Only after the regional jet is declared airworthy will the resumption of manufacturing be considered. Staffing at the home of the program in Nagoya, Japan, will be reduced, Mitsubishi Aircraft said, briefly outlining its plans to Aviation Daily. Despite the retrench...

AVIATION TECHNOLOGY

LeaseWorks | October 04, 2021

LeaseWorks®, a leading provider of cloud-based solutions and support services to the aviation industry, kicking off its presence at the ISTAT EMEA conference held in Edinburgh, U.K., announced the launch customer, FTAI Aviation, a subsidiary of Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI), for its recently rolled out Aeris Portal™. The new software product that digitally transforms the ways in which lessors collaborate and exchange information wi...

AVIATION TECHNOLOGY

Gogo Business Aviation | May 24, 2022

Gogo Business Aviation announced it will launch the first global broadband service in business aviation to use an electronically steered antenna (ESA) on a low earth orbit (LEO) satellite network. Gogo's exclusive antenna assembly, designed in conjunction with Hughes Network Systems, LLC (Hughes), will be small enough for installation on the fuselage of business aircraft from super light jets and large turboprops to ultralong-range jets, and will operate on OneWeb's high-s...

Gogo | September 01, 2020

Gogo Inc. (NASDAQ: GOGO) ("Gogo") today announced it has entered into a definitive agreement to sell its Commercial Aviation (CA) business to Intelsat S.A. (OTC: INTEQ) ("Intelsat") for $400 million in cash, subject to customary adjustments. The Gogo Board of Directors has approved the transaction. Intelsat expects to finance the transaction utilizing cash on hand and borrowings under its $1 billion debtor-in-possession credit facility and has obtained support from key econom...