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July 11, 2017

Boeing Donates $1 Million To Six Nonprofits At The Warrior Games

Includes $600,000 For U.S.-Based Veterans Nonprofits To Provide Recovery And Rehabilitation Services

Boeing recently announced a $1 million donation to benefit six nonprofit organizations providing rehabilitation and well-being services for veteran and civilian groups, globally. The announcement was made in conjunction with Boeing's sponsorship of the 2017 Department of Defense Warrior Games which took place throughout Chicago, June 30 to July 8.

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StandardAero, Airbus Enter Into Exclusive Negotiations

Discussing Acquisition By StandardAero Of Vector Aerospace Holding SAS

StandardAero Aviation Holdings, Inc. (“StandardAero”) and Airbus SE (“Airbus”) have announced that they have entered into exclusive negotiations with respect to an acquisition by StandardAero of Vector Aerospace Holding SAS (“Vector”) from Airbus.

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Horizon Air Group Acquires Starbase Jet

Gains Full Ownership, Including Air Carrier Certificate

Horizon Air Group has acquired World Class Jet dba Starbase Jet, including the air carrier certificate, to be rebranded Horizon Jet Management. This provides the company tremendous forward momentum in offering the highest quality service and aviation management to its clientele. The acquisition allows Horizon to not only assist clients with aircraft sales and charter services, but also FAA licensed aircraft operation, all under one roof.

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Report: Aircraft Evacuation Market Worth $1.73 Billion By 2022

Nearly Six Percent Annual Growth Forecast Through The Period

A new report indicates that the aircraft evacuation market is projected to grow from $1.30 billion in 2017 to $1.73 billion in 2022, at a Compound Annual Growth Rate (CAGR) of 5.96% during the forecast period.

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Boeing, FedEx Express To Collaborate on ecoDemonstrator Testing

Fifth Generation Of ecoDemonstrator Features Two Industry Leaders Working Together And Flight Testing Aboard A 777 Freighter

As part of the continuing effort to accelerate aerospace innovation, Boeing and FedEx Express will work together to fly the next ecoDemonstrator. Starting in 2018, a new Boeing 777 Freighter made for FedEx Express will test emerging technologies, such as propulsion advancements and flight deck innovations.

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