ION Aircraft, LLC, has found a buyer in Geode Capital Management, of La Jolla, California.
Ion is the designer of the 120, a twin boom LSA, sporting a pusher layout, tandem seating and a glass panel. Throughout the development process, Ion pared down their intended offerings to the 100, the kit aircraft, and the 120, the factory-built aircraft meeting light sport requirements. The company’s small size made the transition from research, development, and design to production too hard to make without outside help. Geode Capital completed the purchase in September 2021. It would seem that production is expected, as the Ion Aircraft website is back, with additional Geode branding. The Up Up and Away Florida Hot Air Balloon Festival has set the date for next year's spring event. Festival goers will see balloon glows or take tethered rides, with multiple opportunities for early morning and late afternoon ascensions. In addition, a car show, live music, helicopter rides, a variety of vendors, and a selection of great food will give families plenty to do throughout the event. 2022 will be the
2nd annual festival, in what hopefully will become a tradition for ballooning enthusiasts. Bombardier celebrates the 25th anniversary of their annual Safety Standdown, a safety conference for aviators, owners, and operators with a focus on human factors in aviation. Begun in 1996 as a safety-training event for the Learjet flight demonstration team, the conference became sufficiently reknowned to open beyond Bombardier's customers. Three years later, the scope expanded further, towards pilots of all types and certificates. All this -- and MORE in today's episode of Airborne!!!
Airborne 10.15.21 is chock full of info in this Daily News Episode, Friday, October 15th, 2021... Presented by Aero-TV veteran videographer and Airborne Host Kimberly Kay. Kimberly is supported by ANN Chief Videographer Nathan Cremisino, as well as ANN CEO/Editor-In-Chief Jim Campbell. This episode covers:
- ION Aircraft, LLC Acquired by Venture Capital Geode
- Sun n’ Fun to Host Hot Air Balloon Festival
- Bombardier ‘Safety Standdown’ Set For Nov. 2
- NBAA Leadership Updated
- Airbus Corporate Jets Reports Sale of ACJTwoTwenty
- Alto Aviation Announces New Cabin Equipment
- Embraer and CAE Launch Full-Flight Phenom Sim
Get Comprehensive, Real-Time, 24/7 coverage of the latest aviation and aerospace stories anytime, at aero-news.net. And be sure to join us again tomorrow, for the next edition of "Airborne Unlimited" here on Aero-TV. Thanks for watching. See you, again, tomorrow!
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ANN's Daily Aero-Term (04.26.24): DETRESFA (Distress Phrase)
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