Hyundai Elevator is to lead a Seoul-funded project to develop a vertiport as part of the Korean Urban Air Mobility (K-UAM) core technology development program.
Boeing’s dedicated ecoDemonstrator is poised to enter a new test phase with a focus on improved operational efficiency and sustainability in cabin interiors.
HEART AEROSPACE opened R&D hub in Los Angeles for its hybrid-electric propulsion system and other key technologies for 30-pax ES-30 now under development for certification in 2028. It has commitments for 561 aircraft.
VSE is making public offering of 2.1m shares at $71 each, plus purchase option for another 317k shares, to raise $141m to repay existing debt, including borrowings used to fund its acquisition of TURBINE CONTROLS, and support growth.
LUFTHANSA TECHNIK completed application of AeroSHARK surface film on 12 777-300ERs for SWISS; applied to the fuselage and engine nacelles, film reduces drag during the flight to promote lower fuel consumption and CO2 emissions.