Covid Positive: Air Travel Sector Signals Innovation Renaissance
NEW YORK — Beleaguered, but unbroken, the air travel industry is proving its mettle by overcoming challenges of the pandemic and rekindling its innovative roots.
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Coatesville-based Keystone Turbine Services Acquired by Precision Aviation Group
COATESVILLE, PA — GenNx360 Capital Partners this week announced that its portfolio company, Precision Aviation Group, Inc., has made its fourth acquisition since GenNx360’s investment through the purchase of Coatesville-based …
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Triumph and Boeing Restructure, Extend Systems Contracts
BERWYN, PA — Triumph Group (NYSE: TGI) announced this week that it has secured multiple contract extensions with Boeing Commercial Airplanes, which will extend their collaboration on critical system components.
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Wolf Administration Announces Investments to Improve 12 Airports
HARRISBURG, PA — Governor Tom Wolf announced that the Pennsylvania Department of Transportation (PennDOT) will invest $10 million in state grant funds benefitting 12 Pennsylvania airports.
Read More Triumph Group’s Asia-Pacific MRO Provider Signs MOU With Thai Aviation Industries
BERWYN, PA — Triumph Group (NYSE: TGI) announced that its Triumph Aviation Services Asia Ltd. (TASA) business has signed a memorandum of understanding (MOU) with Thai Aviation Industries Co., Ltd (TAI), …
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Triumph Group and Air France Industries KLM Engineering & Maintenance to Form Joint Venture
BERWYN, PA — Triumph Group (NYSE: TGI) and Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) announced they have signed a definitive agreement to form a joint venture …
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Triumph Expands Boeing GSE Support
BERWYN, PA — Triumph Group (NYSE: TGI) announced that its Triumph Systems & Support business in Wellington, Kansas was awarded a contract with Boeing to maintain ground support equipment (GSE) …
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New Flight School at The Brandywine Airport Takes a Bold New Approach to Training
WEST CHESTER, PA — Brandywine Aviation opened its doors to prospective pilots earlier this month with a promise to bring a bold new method of flight training to the Brandywine …
Read More Triumph Awarded First and Second LRIP, Spares Contract for Sikorsky CH-53K
BERWYN, PA — Triumph Group (NYSE: TGI) announced that its Systems & Support business has finalized a low-rate initial production (LRIP) order from Sikorsky for the CH-53K King Stallion rotorcraft. The contract …
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Federal Government Releases Final Report on Forces to Flyers Initiative to Assist Military Veterans in Becoming Pilots
WASHINGTON, D.C. — The U.S. Department of Transportation recently announced the release of a final report on Forces to Flyers, a three-year research initiative offering interested military veterans an opportunity to …
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