EVE secured another US$35m in funding from Brazil’s National Development Bank (BNDES) for continued eVTOL development, following US$92.5m line of credit secured in 2022, plus recent US$50m investment from Citibank.
SAFRAN inaugurated 3,000 sq meter BeCOVER compressor test center in Liège, Belgium and new LEAP fan/turbine assembly line as part of the extension of its 26,000 sq meter Safran Aircraft Engines Mexico plant in Querétaro.
TAM (Täby Air Maintenance) received approval from Transport Canada for its Saab 340 freighter conversion; close to 40 Saab 340s, including both Saab 340As and Saab 340Bs, have been converted into full freighters per its STC.