The take-private deal marks a near-complete reversal from the $2.6 billion valuation that the startup sported when it became a publicly traded company.
Some leading air taxi startups are contemplating next steps in terms of developing better-performing aircraft for expanded mission sets in the next decade.
Word from Hexcel that it is cutting full-year guidance based largely on lower commercial production rates could be a harbinger, analyst commentary suggests.
The two largest commercial airliner OEMs, Boeing and Airbus, arrive at Farnborough amid different challenges at their headquarters and on production lines.
