Arrow Air, the Miami-based cargo carrier with a long history of cargo, passenger and even aircraft leasing operations, grounded their fleet on Wednesday, concluding several years of financial gloom.
Apple shares were down over $1.70 in Tuesday afternoon trading after markets learned that a $50 iTunes gift card being offered by NYCAviation for photos of Steve Jobs' Gulfstream landing in New York would not be purchased.
Russia's Sukhoi T-50 5th generation fighter performed its first demonstration flight at the 10th International Aviation and Space Salon MAKS 2011 on Wednesday, Russian agencies reported.