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In 2007, GA Telesis announced a major investment; a subsidiary of Merrill Lynch & Co., today part of Bank of America, invested an undisclosed amount for a 49% stake in the aviation firm. [9] In the same Jetrader interview, Moabery explained that he chose an investment from Merrill Lynch so that he could retain a controlling stake company. [8]
The news lifted shares of both Joby Aviation (NYSE: JOBY) and Archer Aviation (NYSE: ACHR), two leading eVTOL developers in the U.S., though both stocks have lagged the benchmark S&P 500 in 2024 ...
The site's aviation industry coverage and commentary have appeared regularly in Forbes, CNET, Business Insider and USA Today. It was founded by Chris Sloan , an aviation enthusiast and veteran reporter who also serves as president and founder of television production company, 2C Media , which produces TV shows and promos for national cable and ...
The Convention News Company was founded by aviation editor James Holahan and publisher Wilson S. Leach in 1972 and published its first issues at that year's NBAA convention. Now branded as AIN Media Group, it has branched into other aviation sectors and other products, and still publishes NBAA Convention News.
Image source: Getty Images. Archer Aviation's leading bullet points in its earnings news release tell a compelling story. Its factory is set for completion in the coming weeks, with the aim to be ...
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The Spirit of Goodyear, one of the iconic Goodyear Blimps. This is a list of airships with a current unexpired Federal Aviation Administration (FAA) [1] registration.. In 2021, Reader's Digest said that "consensus is that there are about 25 blimps still in existence and only about half of them are still in use for advertising purposes". [2]
Wikinews Aviation portal May 29 : Austrian Airlines cancels Moscow-bound flight after Russia refuses a reroute outside Belarusian airspace August 8 : Passenger flight crashes upon landing at Calicut airport in India