Mobile Uplift Corp., a consortium of European and North American investors, has agreed to acquire assets of bankrupt electric aircraft manufacturer Lilium.
While Icon is an aircraft for adventure and weekend travel, its new investment group may be interested in aircraft that can carry more people at a longer range.
The new terminal will take advantage of IFC’s freshly-built 84,000-ft.2 hangar complex that can accommodate aircraft as large as a Bombardier Global 8000.
The new ruling limits electronic access to Work-in-Progress aircraft documents, a change made as part of implementation of its Registry Modernization System.
Amid geopolitical, economic and climate-related uncertainty, business aviation has an opportunity in 2025 to rediscover its mojo, one aircraft dealer says.
Activist investor Browning West has taken a 4.3% stake in Canadian training and simulation leader CAE as the latter is searching for a new CEO in 2025.
Joby says it has completed initial testing under FAA Type Inspection Authorization (TIA), with agency personnel assessing human factors and flight safety in a type-conforming flight deck using a company simulator.
Safran has sold its North American electromechanical actuation businesses to Woodward as it seeks to address antitrust concerns related to a deal with RTX.
The number of used business jets for sale in December totaled 1,263, up 8% from 1,174 a year ago, but down 1% from November, a report from Jefferies says.
Air India has placed an order for Piper Archer DXs and Diamond DA42s as the flag carrier prepares to ramp up pilot training ahead of its fleet expansion.
Locke’s first day as executive director of Aircraft Certification (AIR-1) was Dec. 16; she replaces Wes Mooty, who has been serving as acting AIR-1 since June.
