Continental Aerospace Returns to U.S. Ownership in $535 Million Arcline Deal
Arcline Investment Management agreed to acquire the Alabama-based piston engine manufacturer from subsidiaries of China’s AVIC in a $535 million deal.
Arcline Investment Management agreed to acquire the Alabama-based piston engine manufacturer from subsidiaries of China’s AVIC in a $535 million deal.
The 2027 test mission is designed to validate spacecraft systems ahead of future lunar missions.
The company says the move comes as programs shift from development into production.
The aircraft was producing power and operating normally during an aerobatic practice flight before impact.
Canadian authorities allege the former captain spent nearly 17 years flying without holding an airline transport pilot license.
The Commemorative Air Force has formed a new Hawaii Wing based in Honolulu.
A new VAI survey finds more than 25% of vertical aviation operators are still unprepared or only starting Safety Management System implementation.
NBAA’s latest safety review points to stabilized approaches as a continuing concern.
Red Lake Nation tribal authorities prepare to drop all charges.
Proposed AD comes after reports of uncommanded flap movement raised concerns about potential loss of control during flight.