Airbus and Bombardier announced today that the European aerospace giant will assume a 50.01% interest in the Bombardier C-Series jet program. To keep it afloat, the C-Series program required a $1.25 billion investment last year by the province of Quebec, which will continue to own 19%, with Bombardier owning the remaining 31%.
WACO Aircraft announced the debut of the amphibious version of their radial engine biplane yesterday—the YMF-5F. The company says the “F” designation is for both “float and fun,” not to suggest that the tricycle gear version isn’t fun.
A commercial balloon pilot’s “pattern of poor decision-making” led to his balloon striking power lines and then crashing to the ground in Texas last July, killing all 16 on board, the NTSB concluded in its final report, issued on Tuesday. It was the deadliest balloon crash in U.S. history. Contributing to the accident were the pilot’s medical conditions and medications that likely affected his decision-making, the board said. Alfred “Skip” Nichols, 49, the owner of Heart of Texas Balloons and the pilot on the day of the accident, had Valium, oxycodone, and the antihistamine Benadryl in his system on the day of the crash, the board said.