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TOYOTA, Japan--(BUSINESS WIRE)--SkyDrive Inc. (“SkyDrive”), a leading eVTOL (*1) aircraft manufacturer based in Japan, today announced that it has reached agreement with the Japan Civil Aviation Bureau (“JCAB”) on the General Certification Plan for its “SKYDRIVE” (SkyDrive Model SD-05). The agreement marks another major step forward in the aircraft’s type certification program (*2). The General Certification Plan describes the overall plan of activities required to demonstrate the aircraft’s co...

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.05 (five cents) per share on the Corporation’s common shares. The Board of Directors of the Corporation continues to review its dividends on a quarterly basis for more visibility of recovery, and ensure that the dividend declared balances the return of capital to shareholders while maintaining adequate financial flexibili...

NEW YORK--(BUSINESS WIRE)--KBRA releases research examining exposure to the Middle East in its rated universe of aviation ABS transactions. On February 28, 2026, the U.S. and Israel launched coordinated military strikes against Iranian leadership and strategic targets. In the days that followed, Iran and affiliated groups retaliated with missile and drone attacks in the region. The escalation has disrupted regional air travel, resulting in more than 20,000 flight cancellations and forcing the t...

LOS ANGELES--(BUSINESS WIRE)--Following a fire and other serious issues, the Los Angeles World Airports (LAWA) has launched an investigation into Flying Food Group for potential violations of its permit and the airport’s Contractor Responsibility Policy. LAWA has formally called for the company to respond to a range of allegations over many years, punctuated most recently in Cal/OSHA complaints concerning a fire that broke out at the facility on January 22, 2026, the second in four months at th...

SAN ANTONIO--(BUSINESS WIRE)--J.B. Hunt Transport Services, Inc. (Nasdaq: JBHT) today announced that it has been approved to have its common stock dually listed on Nasdaq Texas, LLC (Nasdaq Texas). J.B. Hunt President and CEO Shelley Simpson joined key industry and Nasdaq leaders and Texas state officials at today’s closing bell ceremony commemorating the launch of the Nasdaq Texas exchange. Nasdaq Texas is a newly established dual listing exchange created to broaden capital access for companie...

FORT WORTH, Texas--(BUSINESS WIRE)--Thrust Flight, a leading U.S. aviation training provider and home of the Zero Time to Airline® program, today announced the opening of its Fort Worth campus at Spinks Airport (KFWS). The new campus serves students across Fort Worth, Burleson, Mansfield and surrounding communities, providing fast-track professional pilot training and hands-on aircraft maintenance programs in modern facilities. “Students in the Fort Worth area have been asking for a location cl...

NEW YORK--(BUSINESS WIRE)--Global Infrastructure Partners (“GIP”), a part of BlackRock, a leading global infrastructure investor, today announced that it has entered into a definitive agreement to acquire TCR, the largest independent lessor of airport ground support equipment, from 3i Infrastructure plc. Members of TCR’s management team will invest alongside GIP. The transaction reflects GIP’s long-term conviction in global aviation and its strategy of investing in essential aviation infrastruc...

BOSTON--(BUSINESS WIRE)--Merlin Labs, Inc. (Merlin), an aerospace and defense technology company building the operating system of record for autonomous flight, today announced the successful completion of the Preliminary Design Review (PDR) for its C-130J autonomy program with the U.S. Special Operations Command (USSOCOM). Completion of the PDR is a major milestone in the program’s technical maturation and clears the way for an immediate transition into the Critical Design stage, an essential s...

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero (NYSE: SARO), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul (MRO) and engine component repair, has signed a General Terms Agreement (GTA) with global aircraft lessor AviLease. This GTA paves the way for StandardAero to provide AviLease with MRO services for the CFM International LEAP-1A/LEAP-1B and CFM International CFM56-7B in support of its global leasing acti...

SAN FRANCISCO--(BUSINESS WIRE)--Portside, a leading provider of modern, cloud-based software solutions for global aviation, today announced a new investment from Vista Equity Partners ("Vista"), a global technology investor that specializes in enterprise software. The investment will accelerate platform integration, advance Portside's AI-enabled roadmap and further scale its global go-to-market capabilities. Current investor Insight Partners will remain a significant shareholder in Portside. Po...