Aura Aero is closing in on certifying an aerobatic two-seater and developing a 19-seat hybrid-electric, while working to find enough equity and fund growth.
Parts-supply specialist HEICO is seeing some customers cut back on purchasing, but broader aftermarket demand remains strong amid continued new-equipment delivery struggles.
AVIATION WEEK NETWORK is reporting BOEING found damage to thrust link assembly on a fourth 777-9 test aircraft (now all four), which last flew in Nov 2021; links transfer vertical/lateral mechanical stresses between engine and aircraft.
EMBRAER marked its 35th anniversary as a publicly traded company, following company's 55th anniversary that was celebrated on Aug 19. It used event to outline growth plans that could include >100 annual commercial aircraft deliveries by 2026 and increase in business jet deliveries to 160-170 per year; services are to continue to grow at double digits.
Greater government clarity and urgency is required if aviation is to reach 2050 “net-zero” carbon-emissions status, says a company engineering the transition.
Private equity investor KKR has finalized its investment in German satellite maker OHB after first announcing its plan to take a stake in the company last year.
Not only are supply chain issues affecting offshore helicopter operations failing to improve, they are now spreading to other helicopter manufacturers, the energy industry’s trade body warns.