TRIUMPH GROUP lost $14.1m on $281m sales in first quarter ended June 30 vs $18.2m loss on $264m a year ago; Commercial OEM sales increased 1.4% to $118.7m (Interiors sales down) and Commercial Aftermarket 42.6% to $15m.
Beta Technologies has received FAA approval to commence dual-seat pilot training in its all-electric Alia vertical-takeoff-and-landing (VTOL) aircraft.
Near-space tourism provider Halo Space is gearing up for its next test flight over Saudi Arabia using its full-sized capsule designed for passenger flights.
Axiom Space co-founder Mike Suffredini will transition from CEO to long-term member of the company's six-person board of directors and advisor for "personal reasons."
Raytheon Saudi Arabia, an RTX business, has started its 2024 internship programme, welcoming 14 Saudi students from ten leading universities and technical institutes across the Kingdom.
An engine choice for a 737 successor may be years away, but Boeing is showing signs of preferring ducted engines to the outwardly more efficient open fan.
Roberto Cingolani wants his company to play a greater role in the global aerostructures business and shape the development of new-generation combat aircraft.
Ampaire is preparing to conduct flight tests of its Eco Caravan, a modified Cessna Grand Caravan retrofitted with a hybrid-electric powertrain, on 100% SAF.
Airbus’ high-altitude pseudo-satellite (HAPS) spinoff Aalto has signed a memorandum of understanding with Indonesian telecommunications company Mitratel.