Aerospace

The AAM Stock composite fell around 5% during the week ending Sept. 20, compared to a 1.4% increase in the S&P 500.

Fiji Airways has signed an expression of interest to purchase Odys Aviation’s Laila hybrid-electric vertical-takeoff-and-landing (eVTOL) uncrewed cargo aircraft.

The advanced air mobility sector has proven itself to be surprisingly resilient.

Zhuhai-based Vertaxi was founded in April 2021 by two members of the team that developed China’s Comac C919 narrowbody airliner.

BOEING presented IAM union with 'best and final' contract offer that includes higher wages, ratification bonus, reinstated AMPP bonus and better retirement plan; all other terms remain the same, contingent on ratification by September 28.

BOEING forecasts (as part of CMO announced earlier this year) demand in Southeast Asia for 4,720 aircraft (920 widebodies) over next 20 years to satisfy 7.2% annual traffic growth; fleet is expected to triple to 4,960 jets by 2043.

INCORA, TX has multi-year contract to provide suite of supply chain solutions, including JIT product delivery, to AVIC Group and Xi’an Aircraft Industrial Corporation (XAIC) for COMAC C919 platform, expanding its presence in Asia Pacific.

EMBRAER regained investment grade status (to BBB-) from Fitch Ratings; the rating outlook is stable.

THOMPSON AERO SEATING launched VantageNOVA premium angled seat for twin-aisle aircraft; configuration includes slimline overhung door.

ALTON AVIATION CONSULTANCY forecasts global fleet will increase from today's 31,000 aircraft to 41,100 by 2034.

MTU AERO ENGINES completed testing liquid hydrogen fuel system for its Flying Fuel Cell (FFC) in partnership with MT AEROSPACE, which is responsible for tank.

GE AEROSPACE has launched company-wide generative AI platform, dubbed AI Wingmate, in collaboration with Microsoft to drive productivity.

Bénédicte Bonnet to Executive Vice President, based in Villaroche, France, of CFM International, replacing Jérôme Morhet.

BOOM completed fourth test flight of XB-1, reaching Mach 0.617; about six more subsonic test flights are planned.

The flights were meant to show the aircraft could be used for logistics missions in austere environments.

More than 300 people from 30 countries have taken part in a side event designed to attract and develop young people into the aviation sector.

Nigeria’s population of more than 200 million people and its vast land mass of over 900,000 square kilometres constitute a huge investment opportunity for the use of helicopters and the services that helicopters offer. However, the market is still largely unexplored as the business yearns for more investment.

Global Aviation industry leaders gathered in South Africa to exchange ideas on key opportunities in African Aviation during Aviation Africa Summit and Exhibition 2024.

Comac C919 and ARJ21 aircraft are currently stationed at Lhasa Gonggar Airport (LXA) in Tibet to conduct high-altitude testing and R&D for the plateau variant.

Airframers must remember that these funds preserve their wealth in part by avoiding risk and pursuing relatively safe investments.

FOKKER NEXT GEN added ASL Aviation Holdings to its Airline Advisory Group to provide feedback into development phase of its aircraft.

DOY DESIGNS, UK was selected by Heart Aerospace to supply seats for Heart X1 demonstrator; cushions and dress covers are being supplied by SABETI-WAIN AEROSPACE with SAC ENGINEERING DESIGN providing detail engineering.

RECARO AIRCRAFT SEATING was selected by LATAM Airlines to supply R2 premium mini-suites for retrofit on 24 787s.

FIGEAC AÉRO received three contracts, valued at €65m, to support A320 Family aircraft over five years: two from Airbus to supply structural titanium components (integral to the engine pylons) and a third for large aluminum parts.

GENERAL ATOMICS AEROTEC SYSTEMS (GA-ATS) began assembly of first Do228 NXT wing; changes in production of the Do228 NXT series is the relocation of final assembly of control surfaces/wing structures back to Oberpfaffenhofen.