The results are the highest quarterly sales volume in the history of the 2023 Avionics Market Report, according to the Aircraft Electronics Association.
Wheels Up has signed a non-binding agreement for a $500 million rescue from Delta and other financial investors in exchange for 95% ownership in the company.
Five of the six publicly traded electric-vertical-takeoff-and-landing (eVTOL) startups have reported their financial results for the 2023 second quarter (Q2).
Embraer President and CEO Francisco Gomes Neto is confident the Brazilian manufacturer’s commercial aircraft delivery volume will continue its steady recovery.
Viasat executives also said the "unexpected event" with the ViaSat-3 reflector antenna will slow the growth of the company’s residential internet business.