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Millionaire Sitt Invests $1 Million To Improve NYC Airport Infrastructure; Launches Global Gateway Alliance

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Sitt, CEO of Thor Equities is taking it upon himself to improve the infrastructure of New York City’s airports. ” Sitt continues, Our airports are often the first and last impressions visitors have of our City and country, and every bad first impression has a direct impact on economic activity. .”

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Industry Focus: Global Aerospace Production Soars To New Heights

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According to Deloitte’s 2014 Global Aerospace and Defense Outlook , the commercial aerospace sector is expected to experience significant growth this year, driven by continued record-setting production levels at assembly facilities and throughout the aerospace supplier network. By Shana Daley. From the July/August 2014 issue.

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Flying Without Altitude

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When the ribbon was cut on a redesigned and expanded Pittsburgh International Airport (PIT) in 1992, economic development planners had every reason to hope that this world-class facility would drive growth in the region for decades to come. This year, only 300 flights and about 8 million passengers will travel through PIT.

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BUSINESS REPORT: Illinois – Strong Demand Lifts Industrial Parks In Wheeling, IL

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Rendering of the new Tin Goose Hangar, which is under construction at Chicago Executive Airport. The community’s manufacturing base is anchored around the Village’s general aviation airport, Chicago Executive Airport. Chicago Executive Airport has seen significant improvements recently, many of which are ongoing.

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Industry Focus: Aerospace Sector Is Flying High Again

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A fter several years of job losses, aerospace and defense sector employment is expected to grow in 2016 by more than 39,000 jobs in the U.S., Aerospace & Defense Labor Market Study. percent, of which about 185,000 jobs were lost in the defense subsector. Aerospace and defense sector companies paid $7.7

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The Drone Age

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The two remaining sites were in the middle of heavily traveled air corridors in the East: New York’s Mohawk Valley and Virginia Tech (in a joint effort with Rutgers University in New Jersey). billion to create a global shipping hub for its growing fleet of traditional cargo aircraft at Cincinnati/Northern Kentucky International Airport.

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Aireon Relocating, Expanding HQ In Virginia

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“Aireon chose to remain in Fairfax County and expand the headquarters due to its proximity to downtown Washington, DC, the Federal Aviation Administration and the area’s regional and international airports,” said Rich Nyren, chief financial officer of Aireon.