A Russian jet fighter company will float a $100 million initial public offering on the London Stock Exchange next year. Sukhoi jet maker Irkut said the initial offering will be done to establish a credit history. The Moscow Times said Irkut is one of a few aviation companies not controlled by the government, although the government does hold 14.8 percent of the shares…
Young Eagles hit the 900,000 mark in early May, well on its way to flying a million young people by the Dec. 17 centennial of the Wright brothers’ first powered flight. EAA members voluntarily fly kids in their aircraft to introduce them to aviation and, perhaps, coax them into the air themselves when they’re older…
Air traffic controllers wanting to move up in the world should transfer to Phoenix. Ground was broken on a new 335-foot tower at Sky Harbor International Airport last week. It will be almost twice as high as the old tower, built in the 1970s…
The Aircraft Electronics Association (AEA) has awarded $100,000 in scholarships. A total of 23 students pursuing studies in avionics and related fields shared in the pool of money. The scholarships are sponsored by the AEA Educational Foundation…
One of the architects of the modern commercial aviation system died last week. Lloyd Welch Pogue headed the Civil Aeronautics Board from 1942 to 1946 and was the key U.S. representative at the Chicago International Civil Aviation Conference in 1944, which structured post-war international commercial aviation. He was 103.
On The Fly…
Key Takeaways:
- Russian jet manufacturer Irkut plans a $100 million initial public offering on the London Stock Exchange next year.
- The Young Eagles program has flown 900,000 young people, nearing its goal of one million by the Wright brothers' centennial.
- A new 335-foot air traffic control tower is under construction in Phoenix, and the Aircraft Electronics Association awarded $100,000 in scholarships.
- Lloyd Welch Pogue, a key architect of modern commercial aviation and head of the Civil Aeronautics Board, passed away at 103.
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