Korea Aerospace Industries is working toward an agreement for the co-production of aircraft components in Peru as it eyes an FA-50 export deal to the country.
The GEnx-1B has extended its lead over the Trent 1000 among Boeing 787 customers in recent years despite Rolls-Royce's best efforts to improve its engine.
X-BOW SYSTEMS acquired SPENCER COMPOSITES, CA (composite/metallic structures) to ensure seamless supply chain for critical components within its commercial modular motor and hypersonic booster large solid rocket motor programs.
AVIATION WEEK NETWORK forecasts Baltic and Eastern European carriers will take delivery of 870 new aircraft over next 10 years and retire 380, resulting in fleet of 1,600 aircraft in 2033 vs 1,080 in 2024. MRO market is valued at $32b.
UNIVERSAL HYDROGEN, Los Angeles was forced to shut down and liquidate after failing to raise additional funding to continue development of a hydrogen-fuel cell propulsion and related fuel logistics system targeted for regional airliners.