A large bipartisan majority in the U.S. House of Representatives has voted to reauthorize the U.S. Export-Import Bank (Ex-Im), and the bank’s future now sits in the hands of the U.S. Senate.
FlightSafety International said it will remove the remaining debris of its two-story Cessna Pilot Center that was damaged last year when a King Air struck the Wichita building and killed four people.
A $1 billion investment from the government of Quebec will give Bombardier the cash to take the C Series through certification to full production, while a $3.2 billion write-down on development costs will accelerate returns from sales of the narrowbody airliner, the Montreal-based company says.
General Dynamics, Gulfstream Aerospace’s parent company, recorded increases in revenue and earnings in the third quarter of 2015, with results beating analyst expectations.
A large bipartisan majority in the U.S. House of Representatives has voted to reauthorize the U.S. Export-Import Bank (Ex-Im), and the bank’s future now sits in the hands of the U.S. Senate.
Commuter carrier Great Lakes Airlines is asking the FAA to increase the number of passengers it can legally fly on its Beechcraft 1900D twin-turboprops, in order to make its small community services economically viable.
Embraer recorded higher revenue but bigger losses in the third quarter of this year, as well as higher deliveries of executive and commercial aircraft.
Textron Aviation recorded higher profits and revenue in the third quarter and plans to share more details about new products at next month’s NBAA convention.
Behaviors of business aircraft buyers have changed since the 2008 downturn, according to a new 10-year business aviation forecast by business sales and marketing firm Jetcraft. And the U.S. Transportation Department plans to finalize what will likely be an emergency rule by mid-December requiring past, present and future drone owners to register the devices with the FAA.
