Designed to comply with FAA’s Part 103 ultralights rules, most single-seat personal eVTOLs would not require type certification or a pilot license to operate.
Aeros aims to comply with FAA Part 107 regulations for commercial small drone operations despite some limitations the rules impose on delivery in urban areas.
Pilatus Aircraft and F/LIST, a pioneer in innovative cabin solutions, are showcasing a Pilatus PC-24 Super Versatile Jet cabin cross-section at this year’s NBAA-BACE.
Opportunity is ahead for Africa’s MRO sector, as providers in the region work to manage and overcome key constraints. However, challenges include availability of workforce, spares, and onerous regulations, shared panelists during the MRO panel at Aviation Africa.
Airbus says it will cut staff and reorganize its Defense and Space unit to respond to business challenges that have dented the company’s earnings since 2023.
HONEYWELL received FAA certification for its Aspire 350 hybrid SATCOM terminal that includes legacy and next-gen Iridium safety and Iridium Certus services in one system to provide secure cockpit and cabin airtime services.
BOEING has secured $10b supplemental credit agreement with BofA, Citibank, Goldman Sachs and JPMorgan. It also announced it may offer from time to time any combination of securities, stock and/or depositary shares to raise $25m.
MTU AERO ENGINES raised its 2024 earnings guidance based on preliminary results, which show adjusted EBIT margin of 14% (revenue guidance is unchanged). It is now projecting an adjusted EBIT of >€1b for year, up from €950m-€980m.