Company News

ForeFlight Unveils Insurance Fair Price Tool

ForeFlight unveiled its Insurance Fair Price Tool this week, offering aircraft owners increased transparency into what the company calls “one of the most opaque financial aspects of aircraft ownership.” The tool aims to help aircraft owners navigate the complexities of insurance pricing. According to ForeFlight, the Insurance Fair Price Tool uses anonymized insurance policy data […]

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Piper Aircraft Scores Major Fleet Agreements

Piper Aircraft continues to expand its global flight training reach—announcing a new partnership with FTEJerez (Flight Training Europe), a renowned flight training academy in Spain, for 20 new Piper Archer DX aircraft. FTEJerez is known for its training programs and close collaborations with major airlines, including Aer Lingus, British Airways, Etihad, Iberia and Ryanair. The […]

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Mokulele Airlines Grounds Fleet Over Maintenance Issue

Mokulele Airlines, a key inter-island carrier in Hawaii, grounded its fleet Wednesday amid maintenance concerns. The airline issued a statement writing, “Safety is our top priority, we are temporarily not operating some flights in our fleet for precautionary maintenance inspections. We continue to operate certain flights, and on impacted flights we’re rebooking or otherwise accommodating […]

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Flexjet Achieves SMS Status Ahead Of 2027 Deadline

On Wednesday, fractional jet operator Flexjet announced it has achieved full compliance with the Federal Aviation Administration’s new Safety Management System (SMS) requirements. Under 14 CFR Part 5, the FAA is requiring certain certificate holders and commercial air tour operators to establish and implement SMS by May 2027. The FAA says the mandate was put in […]

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Long-Standing Avionics Service Center Closes Up Shop

After more than four decades of serving the aviation community, Forge Flightworks announced it has closed its doors as of December 2024. The company, formerly known as Carpenter Avionics, was the largest avionics service center in the MidSouth. According to its website, as an FAA authorized repair station, Forge Flightworks specializes in the sale, installation, […]

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Lilium Secures Lifeline With New Investors

Just days after announcing plans to cease operations, electric aircraft manufacturer Lilium has found a buyer in Mobile Uplift Corporation GmbH—a coalition of European and North American investors. The German electric vertical takeoff and landing (eVTOL) company announced the news on Tuesday, noting that the deal is expected to enable its two subsidiaries to secure […]

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Lilium Ceases Operations

Advanced Air Mobility pioneer Lilium has ceased operations and laid off almost all its more than 1,000 employees after failing to raise the capital it needed to continue. The German company, which stunned the aviation industry 11 years ago with its electric multi-rotor design and audacious plan to introduce short-hop inner-city-to-inner-city service, raised more than […]

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Airliner Backlog Hits 17,000 Planes

Supply chain issues continue to plague commercial aircraft production, leading to a record backlog of more than 17,000 planes. And the International Air Transport Association says it isn’t going to get any better soon. IATA said this week the industry made 30% fewer airliners than projected in 2024 and projections for 2025 look as bad […]

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Boeing Execs Swap Bizjets For Economy Seats

Boeing executives are getting to know their products and those of competitors like they’ve probably never done before after their new boss all but grounded the company’s fleet of Challenger 650 business jets. Bloomberg used ADS-B tracking sites to deduce that use of the Challengers has dropped 80% with just 29 flights in October compared […]

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