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ch-aviation | March 09, 2020
Allegiant Air plans to open base operations in Concord, NC on October 7, making Padgett Regional Airport the airline's 21st base. The Las Vegas-based carrier will invest USD50 million to establish the two-aircraft facility. "We're excited about making Concord a permanent base, and further establishing Allegiant as a hometown airline for this high-performance city," said Keith Hansen, Allegiant's Vice President of Government Affairs. "With a growing and diverse populati...
Air Transport
PRnewswire | July 03, 2023
Global Airlines, the world's newest long-haul airline, has announced that it has entered into an agreement to acquire a further three A380s. With the purchase of these aircraft, the airline's fleet development reaches a new milestone with four A380s now lined up for the start of operations in Spring 2024. The additional aircraft have been purchased for an undisclosed figure and the Global team is now developing plans for their refit and return to service. Further details...
Boeing | June 29, 2020
The Federal Aviation Administration began recertification flights of the Boeing 737 Max on Monday, a key step toward permitting the planes to return to service after two fatal crashes more than a year ago. The 737 Max, Boeing’s bestseller, has been grounded worldwide since March 2019 after the crashes — one in Indonesia and another in Ethiopia — within five months of one another. All 346 people on the flights were killed in the crashes. Boeing has since changed a flight-...
Business Aviation
Precision Aviation Group | August 24, 2022
GenNx360 Capital Partners ("GenNx360") announced today that its portfolio company, Atlanta-based Precision Aviation Group, Inc. ("PAG"), a leading provider of products and value-added services to the aerospace and defense industries, has entered into a definitive agreement to acquire PTB Group (PTB). PTB is listed on the Australian Securities Exchange (ASX: PTB) and the transaction is currently scheduled to close in the 4th quarter of 2022, post receiving required share...
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