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FedEx Modernizes Fleet With Delivery of Regional ATR Freighter

WIL BALDWIN December 25, 2020

FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, announced the delivery of the first ever purpose-built turboprop regional freighter to the FedEx fleet. This follows the company’s…

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Leading the Way for the Future of EGNOS

WIL BALDWIN December 11, 2020

Airbus-led consortiums have recently won a series of contracts to shape the future of EGNOS, the European Geostationary Navigation Overlay Service. EGNOS enhances Galileo and GPS signals to provide augmented safety of life services. EGNOS…

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Collins Aerospace and Boom Supersonic Announce Collaboration

WIL BALDWIN November 29, 2020

New agreement to focus on enhancing performance and unprecedented sustainability for world’s fastest commercial aircraft Collins Aerospace Systems, a unit of Raytheon Technologies (RTX), has signed a collaboration agreement with Boom Supersonic, the aerospace company…

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Embraer Delivers First Modernized E-99 Jet to Brazilian Air Force

WIL BALDWIN November 28, 2020

From Embraer press release In a ceremony held today at the Embraer facility in Gavião Peixoto (São Paulo, Brazil), Embraer delivered the first modernized EMB 145 AEW&C (Airborne Early Warning and Control), designated E-99, to…

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Mesa Air Group Enters New Contract with American Airlines

WIL BALDWIN November 26, 2020

Mesa Air Group, Inc. (NASDAQ: MESA) announced that it has finalized a new contract, which replaces the previous agreement with American Airlines, to operate 40 CRJ-900's for a five-year term beginning January 1, 2021 through December 31, 2025. Under the…

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Embraer & EDP Announce Joint Effort in Electric Aircraft Research

WIL BALDWIN November 22, 2020

Embraer and EDP, a company that operates in all segments of the Brazilian energy sector, have signed a partnership for electric aircraft research. Through its EDP Smart division, the Portuguese-based multinational announced a financial contribution…

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MGM Growth Properties Announces Pricing Of Upsized Senior Notes Offering

WIL BALDWIN November 17, 2020

LAS VEGAS, Nov. 17, 2020 /PRNewswire/ -- MGM Growth Properties Operating Partnership LP (the "Operating Partnership") and MGP Finance Co-Issuer, Inc. (together, the "Issuers"), consolidated subsidiaries of MGM Growth Properties LLC (NYSE: MGP) (the "Company"), have priced…

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Mesa Air Completes Second Closing On Secured Loan Facility

WIL BALDWIN November 16, 2020

Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it has completed a second closing through its previously disclosed five-year Loan and Guarantee Agreement under the Coronavirus Air, Relief, and Economic Security Act (CARES Act). The Loan Agreement…

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Mercedes-Benz Berlin Plant Boss to Join Tesla

WIL BALDWIN November 11, 2020

FRANKFURT (Reuters) - The head of the Berlin engine plant run by Mercedes-Benz has defected to rival Tesla <TSLA>, German union IG Metall said on Wednesday, calling on employees to protest over his departure. IG…

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Collins Aerospace and GKN Fokker Services Ink MRO Agreement

WIL BALDWIN October 26, 2020

- Expanded FlightSense On-Site Support agreement for Collins Aerospace’s Integrated Drive Generator (IDG) includes new part numbers for Airbus A320neo operators Collins Aerospace Systems, a unit of Raytheon Technologies Corp. (NYSE: RTX), and Fokker Services,…