Republic Airways Holdings has postponed its initial public offering (IPO). Republic, which will be the new name for Chautauqua Airlines, had planned to sell five million shares. Estimates for the deal were recently lowered to a range of $8 to $10 a share, down from $12 to $14 a share. The regional has about 340 daily flights to 39 cities under a codeshare with American Airlines.
Source: Airline Business
Wisk Aero has shared new images of the first full-scale prototype of its autonomous Gen6 air taxi.
A trio of leading US air taxi companies moved forward this week on plans to certificate, manufacture and commercialise a new class of electric aircraft.
Airbus has enhanced operational documentation to provide greater clarity on engine-relight procedures after severe hail extinguished both powerplants on a LATAM A320 two years ago. Such was the storm’s intensity that it “significantly exceeded” engine design and certification criteria, according to the airframer, with water and ice content twice the ...
