Latest BizAv News
Luminati defaults on $10M loan; facing eviction at EPCAL
by Tim Gannon A Stamford, Conn.-based company that loaned Luminati Aerospace $10 million in 2016 is now taking the company to court, claiming it has defaulted on that loan. Hexcel
Schumer to FAA: MacArthur Airport needs more funding
Long Island MacArthur Airport (Photo by Judy Walker) By: Adina Genn With more funding, Long Island MacArthur Airport could attract carriers that fly to the West Coast and other routes.
Airlines Rise To $13 Billion Heights In JFK Terminal Plan
By GREGORY ZELLER / Two global air-travel stalwarts are doubling down on John F. Kennedy International Airport. Texas-based American Airlines and London-based British Airways will invest a combined $344 million in expansion and customer-focused improvements at
MacArthur Airport tops list of seats offered, data shows
By Antonio Planas / Long Island MacArthur Airport saw the biggest increase among mid-to-large airports of seats offered on domestic flights in 2018, data shows. Airlines based at the Ronkonkoma airport
Republic Airport becoming regular backdrop for TV and movies
By Rachel O'Brien Republic Airport in East Farmingdale is one of the busiest general aviation airports in the state, and it's not just charter flights and flight school planes keeping the
Government Shutdown Continues – Business Aviation Feeling the Impact
As the government shutdown sets a new record for duration, NBAA is learning more about the impact on business aviation. Since the shutdown began Dec. 21, many of the problems encountered
United Technologies announces intention to separate into three independent companies; completes acquisition of Rockwell Collins
Upon separation, each company will have the strategic focus and financial flexibility to deliver innovative customer solutions and drive long-term value Completion of Rockwell Collins acquisition creates an industry-leading aerospace
BREAKING: Riverhead Town Board votes in favor of Calverton Aviation & Technology
by Tim Gannon and Joe Werkmeister | After months of deliberating, the decision is in: The Riverhead Town Board has voted in favor of Calverton Aviation & Technology as being
FAA to hold public hearing in Riverhead Nov. 14
by Rachel Siford. North Fork residents who have long been frustrated over the constant helicopter noise overhead, particularly during summer months, will finally get their chance to vent to the Federal
Triple Five completes deal for Dowling Aviation School site
By Tim Gannon . Triple Five, the company hoping to purchase 1,640 acres in Calverton from Riverhead Town for $40 million, has now officially closed on a separate deal to buy