Aerospace

Aviation Week Network offers award-winning podcasts on all aspects of aerospace. Here are 2024's most listened-to Boeing episodes.

MENA players will have a significant and strategic role within the aircraft leasing market in the coming years. Ali Ben Lmadani, CEO ABL Corporation talked about how funding options can help achieve rapid growth without compromising sustainability goals.

EHang, meanwhile, continues to expand on its leading position on China’s emerging low-altitude economy.

Volocopter aims to uphold normal business operations after filing for bankruptcy as it failed to secure additional capital from its existing shareholders.

A Boeing 737-800 operated by South Korean carrier Jeju Air collided with a wall after touching down without its landing gear deployed at Muan Airport on Dec. 29.

LILIUM signed purchase agreement with MOBILE UPLIFT (company set up by experienced consortium of investors from Europe and North America) to acquire operating assets and provide sufficient funding to restart business operations.

VERTICAL AEROSPACE finalized investment agreement with MUDRICK CAPITAL for $50m (SPNWS; Nov 29).

SPIRIT AEROSYSTEMS plans special meeting of stockholders on January 31 to vote on planned merger with BOEING.

BOEING is reportedly now aiming to increase 737 MAX production to 38 per month by May 2025 vs end 2024 due to IAM strike; prior to strike, it was producing about 25 aircraft per month, citing receipt of clean fuselages from SPIRIT.

Turkish drone-maker Baykar has acquired Italy’s beleaguered Piaggio Aerospace, just over six years after the latter entered extraordinary administration.

Sierra Nevada Corp. can move forward on the U.S. Army ’ s High Accuracy Detection and Exploitation System contract.

Internet images show a new Chinese combat aircraft with a cockpit and stealthy configuration, including a diamond-style wing with no vertical tails.

Mobile Uplift Corp., a consortium of European and North American investors, has agreed to acquire assets of bankrupt electric aircraft manufacturer Lilium.

Turkish Airlines has successfully achieved the Guinness World Records title for the ‘Most Countries Flown to by an Airline'.

Saudia won Cabin Crew of the Year award during the 18th edition of the Aviation Business Middle East Awards 2024.

HORIZON AIRCRAFT, Canada secured $8.4m strategic investment to fund development of Cavorite X7 hybrid eVTOL.

EFW completed production of its six-millionth lightweight panel for Airbus.

JET PARTS ENGINEERING has FAA approval for 18 new PMA parts, plus another five DER repairs for Goodrich doors and Unison ignition exciters.

WOODWARD agreed to acquire Safran's electromechanical actuation business in North America, including intellectual property, operations assets, talent, and customer agreements for Horizontal Stabilizer Trim Actuation (HSTA) systems.

IS&S had $7m net profit on $47.2m sales for year ended Sept 30 vs $6m on $34.8m a year ago; it has $89.2m backlog.

FIRAN TECHNOLOGY GROUP completed acquisition of FLYHT AEROSPACE SOLUTIONS, Canada in deal valued at C$13.2m.

Just as Boom Supersonic's XB-1 flew its fastest test mission to date, funding challenges remain front and center.

Comac has wrapped up 2024 with 10 C919 deliveries to Chinese airlines, with China Southern Airlines receiving its third of the type on Dec. 18.