Tag: acquisition

eVTOL company Horizon Aircraft signs definitive agreement to go public

Pono Capital Three, Inc., a special purpose acquisition company, has announced the execution of a definitive Business Combination Agreement with Robinson Aircraft Ltd., a British Columbia company doing business as Horizon Aircraft. Pursuant to the Business Combination Agreement, it is intended th...

Bombardier Acquires Latécoère’s Electrical Wiring Interconnection System Business

Bombardier today announced that it has completed the transaction to acquire Latécoère’s assets and activities of its Electrical Wiring Interconnection System (EWIS) business in Querétaro, Mexico.  “The Bombardier team is pleased to complete this strategic and mutually beneficial acquisiti...

Honeywell Bringing Heads-Up Displays to Aircraft Cockpits Through Acquisition of Saab Technology

Honeywell has reached an agreement with Saab, a Swedish aerospace and defense company, to acquire its heads-up-display (HUD) assets for use in a variety of Honeywell avionics offerings. As part of the acquisition agreement, Saab will partner with Honeywell to develop and strengthen its HUD produc...

AIRHAWKE takes flight as acquisition of Berletex Aero Design completes

AIRHAWKE, the Montreal, Quebec-headquartered business, has completed the acquisition of fellow Canadian business Berletex Aero Design. AIRHAWKE, which specializes in delivering the engineering necessary to convert, complete or modify executive, special mission or cargo aircraft, now wholly owns B...

Beijing Jie Xiang Enterprise to acquire Dinglong Business Aviation

Earlier this month Beijing Jie Xiang Enterprise Co., Ltd announced the acquisition of Dinglong Business Aviation. This acquisition between Beijing Jie Xiang Enterprise Co., Ltd and Dinglong Business Aviation was completed on 3rd February 2023. CapaJet Pte Ltd will partner with Beijing Jie Xian...

Jetcraft enters the Metaverse with Decentraland real estate acquisition

Jetcraft is taking the next step in business aircraft sales, acquisitions and trades by establishing the first business aviation lounge in Decentraland, joining luxury brands including Louis Vuitton and Ferrari in the most prominent of the Metaverse platforms. The Metaverse and Web3 are the new p...

Parker completes acquisition of Meggitt

Parker-Hannifin Corporation, the global leader in motion and control technologies, today announced it has completed its acquisition of Meggitt PLC for approximately £6.3 billion. Meggitt, headquartered in Coventry, the UK, had annual revenue of approximately £1.63 billion for the 12 months endi...

Duncan Aviation Acquires and Refurbishes Citation VII

Duncan Aviation is showcasing a Citation VII that was purchased through Duncan Aviation’s Aircraft Sales & Acquisition team and immediately taken to Duncan Aviation’s full-service facility in Battle Creek, Michigan, to receive new paint, full interior refurbishment, Universal Insight Flight ...

Bristow completes acquisition of British International Helicopter Services Limited

Bristow Group Inc. has announced today that it has completed its acquisition of British International Helicopter Services Limited ("BIH") effective August 2, 2022, further enhancing its leading global Government Services offering. Bristow will integrate BIH into its U.K. operations, where BIH wi...

Complete Aircraft Group Finalises Acquisition of Aerocare AS Ltd.

Complete Aircraft Group (CAG), part of JMC Group (JMC), the established aviation services business, has finalised the acquisition of MRO Part 145 provider, interiors and paint specialist Aerocare Aviation Services. This formally ratifies its September 2021 terms of agreement and cements CAG’s m...

Textron completes acquisition of Pipistrel

Textron Inc. has announced that it has closed its acquisition of PIPISTREL d.o.o., PIPISTREL VERTICAL SOLUTIONS d.o.o. and PIPISTREL ITALIA S.R.L., known collectively as Pipistrel, an award-winning pioneer and global leader in electrically powered aircraft. Pipistrel’s Velis Electro is the worl...

Vista to acquire Jet Edge

Founded in 2011, Jet Edge is an integrated charter, management and brokerage platform and a leading U.S. provider of large-cabin and super-midsize private jet charter and aircraft management services. At the time of this announcement, Jet Edge has a run rate of 60,000+ yearly flight hours, exclus...

Global Medical response completes purchase of Grandview Aviation

Global Medical Response (GMR) leaders have announced the company has acquired the assets of GrandView Aviation. Based in Baltimore, Md., GrandView is a leading North American organ procurement transport aviation company with 130 employees and a fleet of Phenom 300 aircraft. "We welcome Gran...

Precision Aviation Group, Inc. (PAG) acquires Velocity Aerospace Group

Atlanta-based Precision Aviation Group, Inc. (PAG), a leading provider of products and value-added services to the Worldwide Aerospace and Defense industries has announced the acquisition of Velocity Aerospace Group (Velocity). Velocity is a leading provider of aviation maintenance, repair and o...

EDMO Distributors Acquires Quick Shot Avionics Installation Reference Manual

EDMO Distributors, a global leader in the distribution of avionics, test equipment, and install supplies, has announced the acquisition of Quick Shot Avionics Installation Reference Manual. The acquisition of Quick Shot builds on EDMO's mission to provide an all-inclusive line of products alongsi...

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