Despite Promising Start, Drone Darling Doesn’t Make the Cut
PrecisionHawk is in pretty bad shape, despite a recent purchase by Euro company Field Group, to the point they have filed for Chapter 7 bankruptcy. The firm is apparently $17 million in debt, with about a quarter million in overdue rent for its Glenwood, North Carolina headquarters. The situation was the subject of an announcement from PrecisionHawk's interim CEO Krister Pederson.
Small Pseudo-Carrier Aims for Motley Collection of Eco-Friendly Aircraft
JSX announced its intent to acquire up to 332 hybrid-electric aircraft from a handful of manufacturers including Electra, Aura Aero, and Heart Aerospace. The firm signed a letter of intent to buy up to 82 of Electra’s 9-seat eSTOL aircraft, with only 32 of that number being a firm order. Aura Aero sees 50 firm orders and 100 options for its 19-seat Era aircraft. Heart Aerospace sees 50 firm orders and 50 options for its 30-seat ES-30 aircraft.
From 2013 (YouTube Version): OK... Admit It -- Wouldn't You Have Loved To Fly In This Adventure?
In this video ANN CEO and Editor-In-Chief, Jim Campbell brings us an adventure story. While at the NBAA 2013 convention Jim had the chance to talk with Mike Laver, the President of Air First Aviation Companies. But this interview was not about Laver’s company, it was about his flight around the world and in an MU-2. A lot of pilots would love the opportunity to fly around the world just to do it. Well, Mike Laver felt the same way and he did it. Laver describes his trip in detail and accompanies his description with som
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