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BUSINESS AVIATION

CAE | March 02, 2022

CAE (NYSE: CAE) (TSX: CAE) announced that it has concluded the previously announced acquisition of Sabre's Airline Operations portfolio (formerly known as AirCentre solutions), a highly valuable suite of flight and crew management and optimization solutions, for an enterprise value of US$ 392.5 million. The acquisition includes the Sabre Airline Operations product portfolio, related technology and intellectual property as well as the transfer of highly talented workforce. ...

BUSINESS AVIATION

Joby Aviation | August 06, 2021

Reinvent Technology Partners, a special purpose acquisition company that takes a “venture capital at scale” approach to partnering with bold leaders and companies, announced that at its Extraordinary General Meeting of Shareholders held today, RTP shareholders voted to approve and adopt the previously announced business combination agreement with Joby Aviation, Inc. a transportation company developing an all-electric, vertical take-off and landing aircraft that it intends to op...

COMMERCIAL AVIATION

Nexteon Technologies | August 25, 2021

Nexteon Technologies, Inc., a leader in advanced aviation technologies, announced today that it has completed the first in-flight test simulating a cyberattack on an Automatic Dependent Surveillance-Broadcast (ADS-B)-equipped aircraft. During the 30-minute flight, Nexteon’s SecureTrack™ technology was able to successfully detect and characterize the intrusion and generate security alerts. The test was conducted on July 26 in the Washington Air Route Traffic Control Cen...

Jet Linx | July 08, 2020

Private aircraft management and jet card membership operator Jet Linx has expanded its fleet with the acquisition of Teterboro Airport-based Meridian’s aircraft charter/management division. In the transaction, Jet Linx will add 23 aircraft ranging from a Hawker 900XP to a Global 6000, with a combined value of more than $365 million to its managed fleet. This brings the Nebraska operator to more than 120 aircraft under management, making it one of the largest management providers in the U.S...