XTI Aircraft Company

Business Aviation

Saran | November 30, 2021

Safran Aircraft Engines, a world leading engine manufacturer, and Albany International Corp. (NYSE: AIN), a leading developer and manufacturer of engineered composite components, today announced an agreement extending their partnership to the year 2046. Through this new agreement, the two companies declare their intent to work together on the next generation engines and thus contribute to the 2050 net-zero CO2 emissions commitment of the aviation industry. Albany International and...

Business Aviation

Avelo Airlines | January 17, 2022

Avelo Airlines begins new nonstop service from Sarasota Bradenton International Airport (SRQ) to New Haven, CT, the ultra-convenient gateway to the greater Connecticut, New York and New England region. "We're excited to begin the New Year with this new, convenient and affordable direct service to Southern Connecticut, With our very low fares and HVN's unmatched convenience, Avelo makes getting to Connecticut and all this region has to offer easier than e...

Business Aviation

Modern Aviation | September 26, 2022

Modern Aviation announced today that it has closed the acquisition of the FBO assets and operations at Des Moines International Airport from Elliott Aviation, bringing its total number of locations to thirteen.Modern's new FBO in Des Moines operates on a 17-acre leasehold and offers state of the art facilities and amenities such as conference rooms and workstations, sleep rooms, crew cars and comfortable lounge areas with approximately 145,000 square feet of heated hangar space and 20,000 sq...

US Department of Transportation | June 09, 2020

The US Department of Transportation (DOT) will extend its financial support to airlines that cancel “Essential Air Service” (EAS) flights due to lack of demand stemming from the coronavirus pandemic. The agency had already authorised paying 50% of subsidies for flights cancelled due to lack of demand as long as carriers serve the destinations with at least one round trip daily, six days weekly. In Alaska, carriers must complete at least 50% of weekly schedules to receive payme...