Air News

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, was recently named a winner of the prestigious FreightWaves 2026 Fraud Fighters Award. Werner was selected as one of only five companies in the Logistics Operations category for delivering innovative, effective solutions to combat escalating threats like freight fraud and double brokering. The annual awards recognize organizations demonstrating exceptional, measurable results...

HERNDON, Va.--(BUSINESS WIRE)--BlackSky awarded NRO contract modification to accelerate the development of the company’s AROS broad area collection satellites....

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) announced today the publication of its annual Sustainability Report, highlighting the company’s achievements and commitments to sustainability and innovation in 2025. “Our foundation is supporting our customers with continued innovation and building a resilient organization, and our sustainability strategy is critical to meet those objectives. We are proud to showcase our progress over the last year in our annual sustainab...

SAN FRANCISCO--(BUSINESS WIRE)--Veryon, a leading provider of aviation software and information services, brings together aviation maintenance experts through its Fleet Performance Partnership to help customers reduce downtime, improve troubleshooting efficiency, and operate with greater confidence across the entire maintenance lifecycle. “Our Fleet Performance Partnership is rooted in a simple idea: customer success requires more than access to technology alone,” said Steve Greanias, Chief Cus...

MANCHESTER, Conn.--(BUSINESS WIRE)--Pursuit Aerospace (“Pursuit”), a global manufacturer of complex aircraft engine components, today announced the completion of its strategic acquisition of Leesta Industries, Inc. (“Leesta”). The transaction represents Pursuit’s fifth acquisition since the Company’s founding in 2023. Founded in 1964 in the basement of Ernest H. Staub’s Montreal-area home, Leesta has grown into a trusted manufacturing partner to leading aerospace OEMs, including Pratt & Whi...

LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace (“Vertical” or “Company”) (NYSE: EVTL), a global aerospace and technology company that is pioneering electric aviation, today announced that its latest full-scale prototype aircraft has completed its maiden piloted flight at the Company's Flight Test Centre in the UK, marking the start of an expanded flight test campaign. The flight follows the issuance of a new Permit to Fly from the UK Civil Aviation Authority (CAA) after extensive ground...

MEMPHIS, Tenn.--(BUSINESS WIRE)--The Board of Directors of FedEx Corp. (NYSE: FDX) today approved a 5% increase in the annual dividend rate on FedEx Corp. common stock, after a one-time annual rate adjustment in connection with the spin-off of FedEx Freight. The dividend increase and spin-off adjustment result in an annualized dividend rate of $4.88 for the transition period covering June 1, 2026 through Dec. 31, 2026. Consistent with this update, the Board today also declared a quarterly cash...

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX, “FedEx”) announced today that Mark A. Edmunds has been elected to the FedEx Board of Directors. Mr. Edmunds is a retired vice chairman and senior partner of Deloitte. During his 38-year tenure at Deloitte, he also served as the U.S. leader of Energy/Utilities, West Region managing partner, and on the U.S. Board of Directors, including service on the finance and global committees. His primary industry focus was energy, utilities, and renew...

TORONTO--(BUSINESS WIRE)--Porter Airlines has officially joined the International Air Transport Association (IATA) as a member. This significant milestone reflects the airline's rapid growth and its deepening integration with the global aviation community. Full membership follows Porter's successful completion of the IATA Operational Safety Audit (IOSA) for its Embraer E195-E2 fleet in February 2026. These accomplishments mark a meaningful step forward in Porter's evolution as a carrier with ex...

ROCKLEDGE, Fla.--(BUSINESS WIRE)--JP Donovan (the “Company”), a leading provider of space infrastructure, fabrication, precision machining, and mission-critical support solutions for government and commercial space customers, today announced that it has received a strategic investment from Godspeed Capital Management LP (“Godspeed”), a lower middle-market Defense & Government services, solutions, and technology-focused private equity firm. Financial terms of the transaction were not disclos...