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December 08, 2014

Lockheed Martin Looks To The Future Of Supersonic Airliners

Says Developments Would Reduce Sonic Booms 100 Fold Compared To Concorde

The future of air travel is bright – and fast, according to Lockheed Martin. Since the dawn of the jet age in the 1960s, commercial air travel has remained relatively unchanged. However, today’s demand for smarter and faster technologies is driving the next generation of commercial travel with supersonic aircraft, which could potentially cut U.S. coast-to-coast travel time almost in half.

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Stellwagen Buys A Stake In Volito Aviation Services

Aviation Finance Company Parent Takes On A Swedish Concern

Stellwagen Finance Company, the parent company of Aviation Finance Company Limited (AFC) of Dublin, Ireland has announced the purchase of Volito Aviation Services A.B. (VAS) of Sweden together with its Irish subsidiary. The acquisition will be completed in two stages and the first stage is now completed. This acquisition represents another step in the evolution of AFC's aviation finance and investment business by broadening its ability to offer aircraft servicing capabilities.

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