HEICO Corporation had a strong fiscal third quarter as its revenue rose 27% to a record $722.9 million and operating income increased 16% to $149.4 million.
According to Bombardier, the Advanced Avionics Upgrade (AAU) includes features currently available on in-production Global 5500 and Global 6500 aircraft.
Avflight, a fixed-base operator, announced the acquisition of the Nomads Building at Detroit Metropolitan Wayne County Airport (DTW) for airfield cargo operations.
“Regulatory revisions could have ripple effects throughout the entire Part 135 and general aviation ecosystem,” said Curt Castagna, president and CEO of NATA.
LifeStyle Aviation is conducting a seven-city tour of Diamond Aircraft’s single-engine DA50 RG starting Aug. 26, following the aircraft’s recent certification.
An initial U.S. military assessment has concluded Yevgeny Prigozhin likely died in an aircraft crash inside Russia on Aug. 23, but the aircraft was not shot down.
Flight operations fell 7.5% during the second quarter compared to a year ago but were 12.1% higher than the pre-pandemic levels during same period in 2019.