Throughout the last few years we have spent a lot of time and effort in developing different types of rocket engines and other key technologies needed to achieve our ultimate goal of sending a man (or woman) into Space and land him safely again. During this time we have grown as an organization and we […]

An aircraft with a parallel hybrid engine – the first ever to be able to recharge its batteries in flight – has been successfully tested in the UK, an important early step towards cleaner, low-carbon air travel. Although hybrid cars have been available for more than a decade, what’s been holding back the development of hybrid or […]

CIRRUS AIRCRAFT NEWS Duluth, Minn. (22 December 2014) – Cirrus Aircraft announced today the successful maiden flight of the third and final conforming flight test aircraft, ‘C-Two’ (C2), in their Vision SF50 personal jet program. The initial flight of C2 marks the latest significant milestone for the Vision™ jet program as C2 now joins C0 […]

January 3, 2013 By Jim Moore of AOPA Tax rules designed to encourage business aircraft purchases and overhauls have not only survived the fiscal cliff debate, but expanded. The legislation passed by Congress Jan. 1 extends so-called “bonus depreciation,” a type of accelerated depreciation, and also increased limits on deductible expenses for business-related aircraft purchases, […]

Dec. 19, 2014 By Richard C. Farley, Jr. of NBAA This article is intended to provide Members with an introduction to the rules that relate to the topic of bonus depreciation. Readers are cautioned that this publication is not intended to provide more than an illustrative introduction to the subject matter, and since the materials […]

During our next flight, SpaceX will attempt the precision landing of a Falcon 9 first stage for the first time, on a custom-built ocean platform known as the autonomous spaceport drone ship. While SpaceX has already demonstrated two successful soft water landings, executing a precision landing on an unanchored ocean platform is significantly more challenging. […]

Mooney International is set to deliver the first M20TN Acclaim Type S aircraft with a Chinese National Registration, (“B”) number, to its owner in China at the end of December.  Mooney officially received the Validation of Type Certificate (VTC) issued by the Civil Aviation Administration of China (CAAC) on Dec. 9, 2014 and this will […]