Startup XTI Aircraft has launched a formal stock offering after the U.S. Securities and Exchange Commission (SEC) qualified its crowdfunding campaign to assess interest in backing development of its TriFan 600 vertical-take-off-and-landing business aircraft.
Airbus Group plans a pilot project with ridesharing network Uber that will enable users to connect air and ground transportation, airframer CEO Tom Enders said.
JFI Jets and ACP Jets, which merged last year, unveiled Alerion Aviation, the new brand for the combined company, at the National Business Aviation Association’s Schedulers and Dispatchers Conference in Tampa, Florida.
Hexcel plans to build a $20 million, 117,000-sq.-ft. manufacturing plant in Casablanca, Morocco, as part of an effort to create a diversified and global supply chain to support aerospace customers, it said.
A Russo-Chinese cooperative program for an unusually large helicopter should move into full-scale development, with an agreement due to be signed this year.
The assets of SAM Aircraft have been acquired by the sons of aircraft designer Chris Heintz, the owners and operators of Zenith Aircraft Co. and Zenair Ltd.
Fifty-four percent of U.S. FBOs say their fuel sales increased in 2015 compared to 2014, according to the 2016 Annual FBO Fuel Sales Survey results released by Aviation Business Strategies Group at the 2016 NBAA Schedulers & Dispatchers Conference in Tampa, Florida.
Russian Helicopters sees Avic as eager to begin a second Russo-Chinese cooperative helicopter production program, under which the small Mil Mi-34 would be built in China for the local market.
