UK tour operator Sunworld is reported to be close to succeeding in a £40 million ($64 million) bid for UK charter airline Flying Colours, despite an initial asking price of £100 million by owner Flying Colours Leisure Group. The airline operates four Boeing 757s from its Manchester base and London Gatwick.
Source: Flight International
US firm Sierra Nevada (SNC) has been awarded a $170 million contract to deliver two Rapcon-X surveillance aircraft to the Finnish Border Guard.
Turkish business jet charter company Air Sapphire has been heavily fined by the US government for flying a Gulfstream GIV to Russia without authorisation.
The Federal Aviation Administration has ordered inspections of the Gulfstream G500 and G600 fleet in response to a “quality escape” involving improperly installed engine-mounting hardware.
