Aerospace

Bristow Group has secured early delivery slots for five of U.S. startup Elroy Air’s Chaparral hybrid-electric VTOL cargo aircraft.

Net income reached $1.5 million in the April to June period, or $0.15 earnings per share (EPS), compared to a loss of $0.01 EPS in the second quarter of 2022.

News of current developments within the field of Advanced Air Mobility.

Spire Global has won a $4.6 million, 12-month NASA contract to develop a microwave sounder device for the NOAA Near-Earth Orbit Network satellite constellation.

The AAM Stock Composite followed equity markets higher during the week ending Sept. 1, rallying 6.5% compared to a 1.8% rise in the S&P 500.

The HIA consists of Airbus, Bristol Airport, LCC easyJet, GKN Aerospace, Rolls-Royce, and renewable energy company Ørsted.

Strategic media partnership delivers essential news, analysis, and intelligence to global aviation, aerospace, and defense industries during the Dubai Airshow.

Safran Aircraft Engines has invested in additional capacity at its site in Guiyang, China, to support the ramp up of Leap engines for A320neo-family aircraft.

First launch of Europe's new workhorse Ariane 6 is finally coming into view.

Malaysia Airlines, which has agreed to acquire 25 of the narrowbodies, had initially expected to receive the Boeing 737-8 on Aug. 28.

The U.S. Energy Department is supporting development of 1,000 Wh/kg energy storage, enough to power a 100-seat, 700-nm range all-electric regional aircraft.

XCALIBUR AVIATION agreed to finance lease of new Cessna Grand Caravan 208B from MONTE for airborne and marine geophysics services.

Goutham Ramdas to Vice President-Commercial Lease Management & Sales, based in Miami, of Acumen Aviation.

At least 74 instances of falsified release certificates and related documents have been linked to parts sold by AOG Technics.

Intuitive Machines plans to raise $20 million from a sale of its stock and warrants to an undisclosed institutional investor.

Large private credit institutional investors are playing a dominant role in aviation financing.

Marwan Lahoud, a former Airbus senior executive, has been appointed chairman of France’s Higher Institute of Aeronautics and Space, known as ISAE-Supaero.

Consultant EA Maven says the economic benefit of AAM travel could be broad, but vertiport infrastructure remains one of many potential stumbling blocks.

As demand for widebody aircraft recovers, Airbus must make critical decisions about engine options and other important competitive issues.

On its third flight, Firefly will attempt to integrate a payload and launch a rocket within 24 hr.

The unit’s general manager confirms to Aviation Week that the company is engaged in low-rate production activities.

Our roundup of the main aerospace and defense stories making the news this week.

The flights are part of the Korean telecommunications provider’s efforts to develop technology to support the commercial deployment of urban air mobility.

EASA submitted its proposed rules, called Opinion 03/2023, to the European Commission (EC) on Aug. 31 for adoption.

With the root cause quickly identified, Vertical says its certification target of late 2026 remains unchanged.