GE AEROSPACE plans to invest >€78m in its manufacturing sites across Europe during 2025, equipping suppliers with specialized tools and customized dies to ensure use of the latest manufacturing technology, further reducing defects.
XTI AEROSPACE updated TriFan 600 fuel system design that increases fuel volume in wings from about 300 to 400 gallons, while minimizing unusable fuel in system. It still needs to complete flight deck mockup and structural model.
GAMA (General Aviation Manufacturers Association) has added TAT Technologies, NC as a new member; Eve Air Mobility, FL as an Associate Member; and Ascendance, France and Electra, VA as new Associate Members EPIC.
FLYEXCLUSIVE lost $25.6m on $327m revenues in 2024 vs $46.8m net loss on $315m in 2023. It operates fleet of Cessna Citation X, CJ3/CJ3+, Excel/XLS/ XLS+, Encore+, Sovereign, GIV-SP, HondaJet, and Challenger 350 aircraft.