15 October 2021

Astronics to receive US$24 million in cash from combination of AMJP and asset sale

Astronics Corporation has closed on the sale of its facility in Ft. Lauderdale, Florida for total consideration of US$9.1 million. Net proceeds were approximately US$8.7 million in cash. The company expects to record a gain in the fourth quarter of 2021 of approximately US$5.0 million. The sale was a result of the consolidation of the …

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Frontier Airlines selects Skywise Health Monitoring as future fleet performance tool

Frontier Airlines has become the latest North American operator to adopt Skywise Health Monitoring as its key future fleet performance tool under a five -ar contract covering 111 single-aisle aircraft. Launched in 2019, Skywise Health Monitoring (SHM) gathers live diagnostic feeds from the aircraft through its ACARS (Aircraft Communication Addressing and Reporting System) link to …

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Pentagon veteran Heidi Grant to lead sales team for Boeing’s defense, space and government services portfolios

Heidi Grant, director of the U.S. Defense Security Cooperation Agency (DSCA), has been selected to lead Boeing’s defense, space and government services sales teams. She will join the company on November 8, as Vice President of Business Development, leading the organization previously known as Global Sales and Marketing (GSM). In her current role she is …

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Pro Star Aviation achieves FAA Class IV rating

Pro Star Aviation, an innovative aerospace modification center, has successfully achieved its FAA Class IV rating. The new rating allows Pro Star to perform maintenance on aircraft over 12,500 GTOW. Adding a new classification of aircraft increases Pro Star’s capabilities for on-the-fly maintenance and additional services in-house. For over 20 years, Pro Star has worked extensively on mid-size …

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