U.S. startups Natilus and JetZero sense the time is right for a chance to break into the big jet air transport business with radical blended wing body concepts.
The A&D industry’s critical minerals supply chain is in a precarious position given its reliance on Chinese imports, panelists say at the Zero Gravity summit.
As the strike at Boeing is impacting the airframer’s supply chain, Safran is taking action to protect its own suppliers, Safran CEO Olivier Andries said.
Widebody airliners remain essential for intercontinental transport, but without new models, an industry built on continuous improvement risks falling behind.
While the company has made significant progress in development and was nearing first flight of a production-standard aircraft, it has run out of time and money.
LILIUM announced that German subsidiaries, Lilium GmbH and Lilium eAircraft GmbH, plan to file for insolvency under German law and apply for self-administration after failing to secure funding from German government and other sources.
