Startup Company Calls Move The Best Thing For Both Parties
Sprint has officially cut its ties to LightSquared. In a news release Friday, Sprint called the move "unfortunate," and said it would have no impact on its other operations.
The general aviation industry has good reason to be excited by both recent sales and future prospects for private aircraft in China. But it's important not to confuse an initial spike in orders with any market's long-term character, which may be very different. "That's particularly true in the case of China," aviation analyst Brian Foley says.
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