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August 19, 2008

Grob Aerospace Files For Insolvency

CEO "Confident This Disruption Can Be Overcome"

Aero-News has confirmed storied German planemaker Grob Aerospace filed for insolvency Tuesday, citing delays in the development of its all-composite Grob spn very light jet.

Aims To Create Worldwide Bizjet Support Network

General Dynamics announced Tuesday it has agreed to acquire Zurich, Switzerland-based Jet Aviation for approximately $2.25 billion in cash, in a move aimed at strengthening the company's presence in the lucrative international business jet service market.

Combination To Expand Focus In Aerospace Market

Woodward Governor Company announced Tuesday it plans to acquire aerospace electronics supplier MPC Products Corporation, in a transaction valued at approximately $383 million.

Cutting Purchases For Rest Of Year, First Half Of '09

A picture of future events for Albuquerque, NM-based Eclipse Aviation is starting to come together. On Tuesday, composites supplier Albany International Corp. said its sales growth for the remainder of the year will take a significant hit, due to cutbacks in planned production rates at Eclipse.

Compact 8" PFD4000 Joins Massive 15" Systems From Avidyne -- With Synthetic Vision!

It's been an interesting year for a renewed and reinvigorated Avidyne. Avidyne Corporation had a message for pilots, manufacturers, and the general aviation industry as a whole, at AirVenture 2008: the company's back, and anyone who had written them off should take notice.

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FlyRight To Offer Industry-First Recurrent Program

Training Center Receives FAA & Insurance Approval For QRT

FlyRight Inc. tells ANN the company received FAA certification and insurance company approvals last week for its Quarterly Recurrent Training (QRT) program for King Air pilots.