Moody’s cites risk in a planned loan that Atlantic Aviation is seeking for its $195 million acquisition of Galaxy Aviation, but says an improving operating environment this year should help offset that risk. Atlantic Aviation announced late last year that it had reached a deal to acquired five fixed-base operations from Galaxy Aviation for $195 million. The acquisition will provide Atlantic Aviation with a foothold in Florida, with four of the five Galaxy FBOs in the state. The fifth is located near Steamboat Springs, Colo.

57th annual awards will honor outstanding accomplishments of 2013

A new controversy has surfaced over the transatlantic skies, and it is not about Europe wanting to change ownership and control rules of U.S. airlines or British Airways-parent International Airlines Group plotting a takeover bid for American Airlines. The hullabaloo is about the plans of Oslo-based low-cost carrier Norwegian Air Shuttle to operate transatlantic services via a separate company to be known as Norwegian Air International (NAI) using an Irish air operator's certificate (AOC) and several Boeing 787s leased and registered in Ireland.

NASA expects almost $800 million over post-sequestration 2013 funding levels under the 2014 omnibus, allowing the agency to maintain its ongoing space and aeronautics activities without an apparent need for major changes. One question remains: whether $696 million for the Commercial Crew Program is enough for flights to the International Space Station (ISS) beginning in 2017 as planned. NASA managers have said they need the full 2014 request, $821 million, to stay on schedule.

The Airbus A350-800 may never be built as originally planned

Road transport fuel could help aviation meet carbon-neutral target

In this era of ostensible federal austerity, flat budget lines or those that are congressionally increased are the new “up.” In that sense, most federal aerospace, civil aviation and defense programs were seeing blue skies for now as the fiscal 2014 omnibus appropriations bill moved through the Capitol last week.

Airbus indicates it may raise A320 production much sooner than planned