A key figure in the Obama administration’s defence innovation strategy organized under the Third Offset initiative will lead the US Air Force s acquisition office, leaving the future of the secretive Strategic Capabilities Office in limbo. Powered by WPeMaticoContinue Reading
Southwest Airlines has agreed to pay $15 million to settle a class action lawsuit alleging that the largest four US carriers colluded on capacity plans. Powered by WPeMaticoContinue Reading
AeroVironment will team up with the Japan-based SoftBank Corporation to develop a solar-powered high-altitude long-endurance unmanned air vehicle for commercial operations, the company announced this week. Powered by WPeMaticoContinue Reading
China s Wanfeng Aviation has acquired Diamond Aircraft Group, the Austrian-headquartered parent company of one of Europe’s largest general aviation aircraft manufacturers, Diamond Aircraft Industries, and its Canada-based sister. Powered by WPeMaticoContinue Reading
Estonian maintenance provider Magnetic MRO is to be acquired by Guangzhou Hangxin Aviation Technology. Powered by WPeMaticoContinue Reading
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