Content Archive: February 2025

Finance, Taxes, Insurance

Helicopter and Defense Divisions Boost Leonardo Earnings

Italian aerospace and defense group grew revenues by 16.2% last year
Regulations and Government

Senator Ted Cruz Calls for U.S. ATC System Overhaul

Doesn’t specifically mention ATC but Cruz said the system must be changed
Aircraft

First Flight-test HondaJet Echelon Begins To Take Shape

Aircraft wing assembly is coming together in anticipation of first flight next year
Finance, Taxes, Insurance

Lilium Closes eVTOL Business As New Investment Falls Through

Group of investors fail to complete takeover of German company assets
Aircraft

Bombardier Finalizing Global 8000 Flight-test Campaign

Company is offering $3 million retrofit kit to bring Global 7500 in line with the 8000
Airports

Operators Warned over Summer Restrictions in Athens

Parking times will be reduced and slot delays of at least an hour should be expected
Regulations and Government

AOPA Urges FAA To Stop Abuse of ADS-B Data

Frivolous private lawsuits and punitive action against legal activities among concerns
ATC

U.S. Aviation Groups Unite To Oppose ATC Privatization

Industry groups expressed concern about spate of recent accidents
Finance, Taxes, Insurance

General Aviation Contributes $339B to U.S. Economy

Industry groups release new analysis showing growing economic impact
Regulations and Government

Deputy DOT Secretary Nom Bradbury Faces Dem Concerns

Sen. Cantwell questioned Bradbury’s role in slowing SMS rules, waterboarding authorization