Category: Aviation
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L3Harris Technologies to Sell Commercial Aviation Business for $800 Million
Melbourne-based high-tech and defense company L3Harris Technologies is divesting its commercial aviation business to focus on the defense sector and reduce debt. L3Harris Technologies, a leading high-tech and defense company based in Melbourne, has recently announced its plans to sell its commercial aviation business for $800 million. The sale is part of the company’s strategy…
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L3Harris to Sell Commercial Aviation Solutions Business to TJC for $800 Million
The sale of L3Harris’ Commercial Aviation Solutions (CAS) business will help the company pay down debt and refocus on defense-related contracts. L3Harris, a leading defense contractor, has announced its decision to sell its Commercial Aviation Solutions (CAS) business to private equity firm TJC for an estimated $800 million. The transaction is expected to close in…
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The Looming Pilot Shortage: Is Automation the Solution?
The U.S. Military Faces a Critical Shortage of Pilots and Must Consider Automation to Address the Problem During World War II, Japan’s naval aviation suffered a devastating blow due to a lack of preparedness to replace combat losses. Today, the U.S. military is facing a similar challenge as it grapples with a chronic shortage of…
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Addressing the Complex Trade-Offs in Reducing Aviation’s Climate Impact
New Research Highlights the Need for Concerted Efforts to Tackle Aviation’s Non-CO2 Emissions Aviation’s impact on the climate extends beyond its well-known CO2 emissions. Non-CO2 emissions, including nitrogen oxides, soot, and water vapor, contribute to global warming through the formation of contrails and “contrail cirrus” clouds. To tackle these emissions effectively, a recent study emphasizes…
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Virgin Atlantic Completes First Long-Haul Flight Powered by Sustainable Aviation Fuel
A Virgin Atlantic passenger jet successfully completes a London-to-New York flight using 100% sustainable aviation fuel (SAF), showcasing the potential of low-carbon options in the aviation industry. In a significant milestone for the aviation industry, a Virgin Atlantic passenger jet powered by sustainable aviation fuel (SAF) completed a long-haul flight from London to New York.…
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Urgent Action Needed to Address Safety Risks in US Aviation System
Expert Panel Calls for Immediate Measures to Improve Air Travel Safety A group of outside experts appointed by the Federal Aviation Administration (FAA) has issued a compelling report highlighting the urgent need for action to address safety risks in the nation’s aviation system. The report, released on Wednesday, emphasizes critical issues such as staffing shortages…
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Archer Aviation Signs $500 Million Deal for eVTOL Operations in the UAE
Archer Aviation secures a potential $500 million deal with Air Chateau to launch eVTOL operations in the UAE, marking another significant milestone for the advanced air mobility developer. Archer Aviation, a leading developer of zero-emission aircraft, has recently announced a major deal with Air Chateau, a private aviation operator in the UAE. The agreement, signed…