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June 24, 2017

GA, Biz Av Organizations Praise Senate FAA Reauthorization Bill

NBAA, NATA, GAMA Welcome 'Consensus-Driven' Approach

GA and business aviation interests lining up behind the FAA reauthorization bill introduced Thursday in the U.S. Senate while continuing to oppose the House bill that privatizes Air Traffic Control.

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AUVSI Supports UAS Provisions In House Version Of FAA Bill

Wynne: Measure Would Pave Way For UAS Traffic Management System

  While a great deal of the talk surrounding the recently-introduced FAA Reauthorization Bills in the U.S. House and Senate revolves around the fate of Air Traffic Control, there are other considerations that the aero-world is examining.

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Hybrid Air Freighters Signs LOI To Purchase Lockheed Martin Hybrid Airships

Looks To Acquire Up To 12 Of The Aircraft Valued At Some $500 Million

Hybrid Air Freighters (HAF) has signed a Letter of Intent to purchase up to 12 Lockheed Martin Hybrid Airships, at a total value of approximately $500 million. HAF is working with Hybrid Enterprises, the exclusive reseller of Lockheed Martin's Hybrid Airships, to finalize the purchase agreement.

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Report: Drone Simulator Market Worth $764.7 Million By 2022

Growth Rate Will Exceed 15 Percent Annually

A new report "Drone Simulator Market by Platform (Commercial, Military), Component (Software, Hardware), Device Type (Augmented Reality, Virtual Reality), Drone Type (Fixed Wing, Quadcopter, Helicopter), System, and Region - Global Forecast to 2022", published by MarketsandMarkets, suggests the drone simulator market is projected to grow from an estimated $376.9 million in 2017 to $764.7 million by 2022, at a Compound Annual Growth Rate (CAGR) of 15.20% from 2017 to 2022.

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