In the past month, Textron Aviation’s Citation Longitude super midsize jet has traveled the globe on a world tour, flying 31,000 nm in 27 legs and visiting 27 countries.
The number of used bizjets for sale in March has dropped 11% from a year ago, with the market stimulated in part by lower prices, Jefferies analysts say.
While volume building structures for the speedy supersonic aircraft wouldn’t be as large as its commercial airliner business, Spirit says it is interested in the work.
Spirit AeroSystems believes new additive manufacturing techniques it is developing with two partners could help Spirit eventually save 70% in material costs.
The FAA will mull two complaints alleging two airports didn't protect the right of operators to park without being charged for unwanted or unneeded services.
Boeing’s HorizonX tech incubator has invested in startup Fortem Technologies, which is developing radar tech to expand UAS operations and counter drone threats.
XTI Aircraft is preparing papers to file with the Securities and Exchange Commission to increase the price of its shares from $1 to a minimum of $1.50.
