Boeing and the union representing 33,000 striking machinists have agreed new contract terms to end the more than month-long walkout. The union vote is Oct. 23.
Spirit AeroSystems, the Wichita-based lead supplier of aerostructures to Boeing, said it will furlough around 700 employees for 21 days starting Oct. 28.
Emirates has come out on top as the ‘World’s Best Airline’ amongst 90 global carriers in a recent comprehensive and methodological study by Telegraph Travel.
By Joe Anselmo, Sean Broderick, Guy Norris, Daniel Williams
It’s been nearly five years since the cutting-edge aircraft first flew, but you won’t fly on one before 2026. Aviation Week’s team explains how we got here.
LIBERTY HALL CAPITAL PARTNERS closed single-asset continuation fund with Lead Edge Capital Management to support investment strategy, including strategic acquisitions, of COMPLY365. It has now invested >$1b in equity capital.
AURA AERO announced plans to start building 500,000 sq ft manufacturing and assembly plant at Florida's Daytona Beach International Aircraft in 2026 for completion in 4Q28 for producing its hybrid-electric regional aircraft.
A handful of startups are betting that more efficient electric and hybrid propulsion will open up new markets around the world for water-based aviation.
VSE agreed to acquire KELLSTROM AEROSPACE GROUP, FL from AE Industrial Partners for $200m ($185m cash/$15m stock) to improve its position in the commercial aircraft engine aftermarket; deal is expected to close in 4Q24. It also announced public offering of up to 2m shares of common stock at $87 each to finance portion of the purchase price.
Designed to comply with FAA’s Part 103 ultralights rules, most single-seat personal eVTOLs would not require type certification or a pilot license to operate.
Aeros aims to comply with FAA Part 107 regulations for commercial small drone operations despite some limitations the rules impose on delivery in urban areas.
