The Magellan Group released that ACG Investment Capital Partners, a joint venture between the Aviation Capital Group and FB Transportation Capital LLC, has made an investment in the Magellan Group. The additional capital combined with the relationship with two premier firms in the aviation industry will enable Magellan to continue the strong growth achieved since […]
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Continuing a long tradition of leadership in safety innovation, Alaska Airlines will be the first major U.S. passenger carrier to equip its entire aircraft fleet with a system designed to help prevent accidents on runways and taxiways. The Runway Awareness and Advisory System (RAAS), developed by Honeywell in 2003, provides pilots with audible alerts when
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The Boeing Company has completed its acquisition of Insitu Inc., a pioneer in the unmanned air systems (UAS) market and leader in the design, development and manufacture of high-performance, low-cost UAS used for intelligence, surveillance and reconnaissance. Insitu, located in Bingen, Wash., designs, develops and manufactures UAS for commercial and military applications. This acquisition, first
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AP Labs announced the launch of a new business unit called AP Avionx . AP Avionx is a premier supplier of integrated hardware systems for the commercial aerospace industry and In-Flight Entertainment & Communication (IFE&C) market in particular. Due to the escalating demand from commercial and private aircraft passengers to access in-flight broadband services, the
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Afriqiyah Airways from Libya took delivery of its first medium range Airbus A319. This A319 is the first of three aircraft of this type to be delivered to Afriqiyah Airways, and is part of an order signed in 2006, which also includes 11 A320s and three long range A330-200s. To date two A320s have also
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Airbus presented to ts European Work Council (ECA) the Power8+ programme. It is designed to deliver cost savings of Euro 650 mio. in 2012, adding to the Power8 target of Euro 2.1 bn for 2010. Power8+ will be partly achieved by extending the Power8 initiatives up to 2012 (Euro 350 mio.) and partly by further
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