ICON’s proposed stalking horse bidder, SG Investment America, has been designated to make the first bid on the bankrupt company’s assets, setting the low-end bar on other potential bidders.
Briefings
Women in Aviation partners with Harvard
Members of the Women in Aviation Emerging Leaders Class of 2024 are headed to Cambridge, Massachusetts, to attend the “Women in Leadership: A Program for Emerging Leaders” at Harvard University May 7-9.
Hemlock Films’ Kara White nominated for an Emmy
Kara White of Hemlock Films has been nominated for a Best Director Emmy Award in the category of Short/Long Form — Post Produced.
Textron Aviation expands parts distribution facility
With the addition of 180,000 square feet of space, the facility is better equipped to serve the company’s global customer base with increased parts storage and faster shipping for both new and existing Cessna and Beechcraft aircraft, according to Textron Aviation officials.
May declared general aviation month
Dozens of elected officials across the U.S. have issued formal declarations celebrating general aviation in honor of the National Celebration of General Aviation D.C. Flyover.
Kentucky Aviation of Fame reveals Class of 2024
Three Kentucky natives have been chosen for the state’s Aviation Hall of Fame.
New ACS and PTS effective May 31, 2024
Officials with Aviation Supplies & Academics (ASA) report the FAA released 11 new FAA Airman Certification Standards (ACS) and Practical Test Standards (PTS) that will go into effect May 31, 2024.
Electric motor completes first phase of testing
The testing focused on high voltage (800V) operations and thermal performance, according to company officials, who said the results confirmed the magni650 electric engine’s capabilities at altitudes of up to 27,500 feet.
Sporty’s CEO to retire in 2025
Michael Wolf, CEO of Sporty’s, has revealed plans to retire Jan. 31, 2025.