Aerospace

The Bavarian state government has cleared the way for a €50 million ($55 million) loan guarantee to support advanced air mobility startup Lilium.

Recent comments from supplier executives suggest the acute challenges introduced in recent years may be easing.

Dewar was most recently senior vice president and general manager of the Airbus A220 program.

Eve Air Mobility is now aiming to fly its full-scale engineering prototype “early next year,” CEO Johann Bordais says.

Executives at the ACI-North America conference were told to ready themselves for the integration of new technologies such as air taxis.

With the prospect of a favorable cost-benefit ratio, carriers start their own contrail prevention trials.

Variable-cycle engines are now a “mainstream research direction” in China.

AIRBUS launched share buyback program to support future employee share ownership plan activities and equity-based compensation.

WATTS AVIATION, UK (tires) was rebranded as VSE AVIATION following acquisition of Desser Aerospace in 2023.

CORAX, Denmark opened new sales office in Singapore for Part 145 MRO services and trading of aviation components and parts in the APAC region. It appointed Malone Pun to Sales & Purchasing Manager-APAC.

HÉROUX-DEVTEK received Shareholder approval for $1.35b sale to PLATINUM EQUITY ADVISORS (SPNWS; July 12).

Luiz Oliveira to Chief Engineer of Beyond Aero, Toulouse.

BOEING reached tentative agreement on new contract with IAM Districts 751 & W24, which represent >33,000 employees primarily supporting production of 737 MAX, 767, 777/777X, P-8, KC-46A Tanker, E-7 Wedgetail, avoiding potential work stoppage; deal includes 25% wage increase/other benefits, plus any new aircraft types will be built by those employees.

A six-week turnaround for a UAS capability may become the new military standard.

The sell-off coincided with a weak week on Wall Street.

The theme for the 2024 World Safety and Operations Conference (WSOC) is “Embracing Innovation and Technology for Safe and Efficient Operations.”

Flight support company MixJet has established a robust presence in Africa, yet there are still plans to expand further.

The company has also detailed a three-step product strategy.

The governments have approved a 2.96 trillion won ($2.2 billion) project to regenerate the area around Gimpo.

Testing contrail avoidance; Spectrum for UAS control; Electrifying the King Air; Longer-lived batteries.

Next-Generation Adaptive Propulsion engine-makers are awaiting a possible redirection over power needs amid the U.S. Air Force's NGAD review.

Boeing and the machinists union have reached a tentative, four-year agreement that would keep new commercial airplane production in the Pacific Northwest, provide significant pay and benefits boosts, and address gaps on other key issues that have plagued the company.

AIRBUS delivered 47 aircraft (five A220s; 36 A320 Family; A330neo; five A350s) in August vs 52 (seven A220s; 42 A320s; A330neo; two A350s) in Aug 2023; it has delivered 447 aircraft in Jan-Aug vs 433 in Jan-Aug 2023/500 in Jan-Aug 2019.

3DEO, Los Angeles secured $3.5m investment from Japan's MIZUHO BANK to support development in metal additive manufacturing.

Swiss startup Jekta has announced an order from South Korean lessor Solyu for 30 of its PHA-ZE 100 hydrogen-electric seaplanes.