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Following the bankruptcy filing, Epic went up for sale. In an auction on 26 March 2010, the state-owned China Aviation Industry General Aircraft was the highest bidder with a US$4.3 million offer, beating out a bid by the LT Builders Group, a group of seven aircraft owners with incomplete aircraft in the plant. The hearing judge admonished the ...
By 1984 Conair had the world's largest private fleet of Air Tankers including 50 fixed wing aircraft and 15 helicopters and by the early 1990s has grown to over 90 aircraft. Conair Aviation Ltd. later became Conair Group Inc., and they continue to be based out of Abbotsford, British Columbia. [6] [7] [8]
Aergo Capital logo. Aergo Capital Limited is an Irish aircraft leasing and trading company which was founded in 1999. [1] Originally formed by Denis O'Brien and Fred Browne, [2] in October 2014 Aergo Capital partnered with CarVal Investors and is now under the ownership of funds managed by Carval Investors.
Saab AB painted two new Saab 340 aircraft in special commemorative liveries celebrating both the award and Mesaba's 25th anniversary of scheduled airline service. On August 31, 2005, Mesaba Airlines was named the winner of the 2005 Operational Excellence Award by AIG Aviation, a U.S. based underwriter of aviation insurance. The award has been ...
GE Aviation, part of the General Electric conglomerate, currently has the largest share of the turbofan engine market. Some of their engine models include the CF6 (available on the Boeing 767, Boeing 747, Airbus A330 and more), GE90 (only the Boeing 777) and GEnx (developed for the Boeing 747-8 & Boeing 787 Dreamliner and proposed for the Airbus A350) engines.
Seeking a company with mass production capability, the Turbo Mustang project, now called "The Enforcer," was sold by Lindsay to Piper Aircraft in 1971. [5] Cavalier Aircraft Corp. was closed in 1971 so the founder/owner, David Lindsay, could help develop the Piper PA-48 Enforcer. Lindsay set up a new company, Field Services Inc., to complete a ...
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Avro had recently purchased Turbo Research, a former crown corporation set up in Leaside, Toronto, to develop jet engines. Turbo Research was in the midst of designing their first engine, the 3,000 lbf (13 kN) TR.4 Chinook , which could easily be scaled up for the new fighter design.