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Kellstrom acquires Aerocar Aviation, Aerocar Parts

Kellstrom Industries Inc., Sunrise, Fla., signed a definitive agreement to acquire Aerocar Aviation Corp. and Aerocar Parts Inc., Florida-based companies that sell and lease aircraft, engines and ... read more

MOODY'S ASSIGNS B3 RATING TO KELLSTROM INDUSTRIES, INC.'S NEW CONVERTIBLE SUB NOTES; CONFIRMS EXISTING RATINGS

New York, 06-11-98 -- Moody's Investors Service assigned a B3 rating to Kellstrom Industries ... The total net proceeds from both offerings will be used to acquire Aerocar Aviation and Aerocar Parts, ... read more

Kellstrom Aircraft Deal

Other details were not provided. Kellstrom, based in Sunrise, leases and sells aircraft, jet engines and parts. Aerocar Aviation, based in Miami, is an independent engine leasing company. We are ... read more

In Defense of the Drivable Airplane—Terrafugia CEO Responds to Legions of Doubters

Moult Taylor, the most successful roadable aircraft builder in history, only built five prototypes and never went into production, so he never had the opportunity to get into that position. We are ... read more

Flying Cars: Your So-Called Sci-Fi Life

The only remaining Aerocar prototype was purchased by a fan who saw it advertised in the classifieds. If you are averse to purchasing dangerous relics listed in obscure newspaper ads and you still ... read more

Business Aviation Briefs

SEN. BILL FRIST (R-Tenn.), who placed a hold on the nomination of George Donohue as FAA deputy administrator (BA, Oct. 13/157), is expected to lift the hold this week. Frist requested the hold on ... read more

In Defense of the Drivable Airplane—Terrafugia CEO Responds to Legions of Doubters

But if you hear out the prize-winning aerospace engineers at Terrafugia, you’ll begin to understand why they feel so certain that current-day materials and electronics make a roadable aircraft—one ... read more