The European Commission extended the provisional deadline for its in-depth review of the proposed commercial joint venture (JV) between Boeing and Embraer until Apr. 30, further delaying its potential approval for the deal, most recently seen to be closing at the end of the first quarter.
Serial entrepreneur Tony Aquila is taking over Aircraft Performance Group (APG), which provides aircraft performance, weight and balance, and flight planning software to business and charter aviation, as the company’s private equity sponsor Liberty Hall exits its investment.
Tailwind Technologies has acquired Quality Aircraft Accessories, an aftermarket stocking distributor for general aviation accessory manufacturers. It also acquired Aerospace Welding Minneapolis and Aerospace Manufacturing.
Business aviation activity in Europe grew 2.9% in December compared to a year ago, although activity for the full year declined 1.6% compared to 2018, according to WingX Advance.
Swiss regional carrier Helvetic Airways continues its significant growth strategy as it plans to add almost 100 new positions in 2020, a 20% growth in employees.
BAA Training has partnered with ENAC (Ecole Nationale de l'Aviation Civile), a European aeronautics and aviation university, to train professional pilots.
Textron Aviation is growing its Australian MRO capability to service Beechcraft, Cessna and Hawker aircraft with the acquisition of Premiair Aviation Maintenance.
Spirit AeroSystems, the leading aerostructures provider and Boeing’s top supplier, announced Jan. 10 it is laying off 2,800 of its employees in Wichita, Kansas.
Tamarack Aerospace Group has received approval from the U.S. Bankruptcy Court of the Eastern District of Washington for its plan to pay back all debtors as it emerges from Chapter 11 bankruptcy.
