U.S. and Australia Agree to Cooperate To Develop Alternative Aviation Fuels

The U.S. Department of Transportation’s (DOT) Federal Aviation Administration (FAA) and Australia’s Department of Resources, Energy and Tourism have reached a Memorandum of Understanding (MOU) to continue research and development of clean, sustainable alternative aviation fuels. U.S. Secretary of Transportation Ray LaHood and Australian Ambassador to the United States Kim Beazley recently signed the agreement. […]

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Hilo airport runway repair funds top $10M

The Hawaii Department of Transportation will receive a grant from the Federal Aviation Administration for $10,615,395 to refurbish a runway at Hilo International Airport, according to Senators Daniel K. Inouye, Daniel K. Akaka and U.S. Rep. Mazie Hirono. The money will be used for the construction phase of the runway rehabilitation underway on runway 3/21 […]

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Phoenix Sky Harbor Airport Bond Rating Among Highest in the Nation

Standard and Poor’s Ratings Services (S&P) affirmed its ‘AA-‘ rating on Phoenix Sky Harbor International Airport’s (airport) outstanding senior-lien bonds.  S&P also affirmed its ‘A+’ ratings on the airport’s outstanding junior-lien revenue bonds.  The international ratings organization noted that the airport serves as the state’s largest airport, maintains good revenue diversity and is attractive to […]

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The C-NM5 Makes its Maiden Flight

India’s CSIR-National Aerospace Laboratories (CSIR-NAL – a constituent laboratory of the Council for Scientific and Industrial Research), and Mahindra Aerospace (a part of India’s US $12.5 billion Mahindra Group) announced this week the successful maiden flight of their jointly developed C-NM5 aircraft, marking an important milestone in their collaborative aircraft development program. The program is […]

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