by Dino D'Amore | May 15, 2023 | Airports, Zone: Europe
London Gatwick Airport was forced on May 14 to suspend operations due to a drone being flown nearby. The suspension was for about three-quarters of an hour either side of 2pm and saw 12 inbound aircraft diverted to other airports. “Make sure you know the rules...
by Dino D'Amore | May 15, 2023 | Airports, Zone: Americas
Menzies Aviation has acquired Panama-based Aircraft Services and Consulting, which will be re-branded as Menzies Aviation (Panama). “This strategic acquisition enables Menzies Aviation to enter the vibrant aviation market in Panama and extend its range of...
by Dino D'Amore | May 15, 2023 | Airports, Zone: Middle East/Africa
The Ministry of Transportation & Telecommunications, Bahrain has awarded Netherlands Airport Consultants a $1.437 million contract to conduct an initial study for Bahrain’s estimated $10 bn greenfield airport project. As a part of the contract the firm will...
by Dino D'Amore | May 12, 2023 | Finance, Maintenance, Parts, Zone: Americas
Aircraft engine manufacturer Pratt & Whitney Canada is to spend $10 million on upgrading its component repair facility in Wichita Falls, Texas. The outlay, which the engine maker said “is expected to create 30 new jobs”, will see it modify the...
by Dino D'Amore | May 12, 2023 | Finance, Technology, Zone: Americas
Archer Aviation, a developer of electric vertical take-off and landing (eVTOL aircraft), reported a net loss of $113.1 million for the first quarter of the year (Q1 2023) as operating expenses hit $112 million. However, the company said it “continues to maintain...