TECT Power, Inc.

Federal Aviation Administration | May 07, 2020

The Federal Aviation Administration announced the vendors chosen to develop the underlying technology and standards for tracking drones and their pilots as part of a new regulatory regime and marketplace. In December, the agency issued a proposed rule to establish a system for remotely identifying unmanned aerial vehicles more colloquially known as drones called Remote ID. The rule created a framework for tagging drones with unique radio wave identifiers that are broadcast directl...

Aerospace

Aviation Week Network | November 09, 2022

Spirit AeroSystems has been named a winner of the Aviation Week Network 65th Annual Laureate Awards , honoring extraordinary achievements in the global aerospace arena. The 2022 Laureate Awards took place on November 3 at the National Building Museum in Washington, DC. Spirit is a winner in the Commercial Aviation category. The company received this honor for reinventing itself during the COVID-19 pandemic to emerge stronger. Preparing for the recovery of the aviation market, the company impleme...

American Airlines | August 13, 2020

American Airlines is preparing to scrap flights serving two dozen small and medium cities as the expiration of federal coronavirus aid that placed restrictions on carriers from cutting service approaches, according to an executive at the airline. Carriers are required to maintain minimum levels of service through Sept. 30 under a $25 billion federal aid package that also prohibited layoffs through the end of the third quarter. American was granted $5.8 billion in support under the program....

Air Transport

Businesswire | April 28, 2023

Avolon, the international aircraft leasing company, announces a commitment to order 40 Boeing 737 MAX aircraft. The aircraft are scheduled for delivery between 2027 and 2030; and are valued at over $4 billion at current list price. Avolon delivered the first 737 MAX in 2017, along with the one thousandth 737 MAX earlier this year. This commitment builds on our strong relationship with Boeing and demonstrates our confidence in the long-term demand for this aircraft type. It will ...