Aerospace

The AAM Stock Composite barely budged during the week ending Feb. 16, inching up by 0.1%, compared to a 0.4% decline in the S&P 500.

FAI rent-a-jet Air Ambulance Division has received Commercial Airline Medical Escort (CAME) accreditation from the European Aeromedical Institute (EURAMI) for its Dubai-based medical escort service.

The manufacturer is aiming for a first flight of the high-speed rotorcraft demonstrator in late March or early April.

Leonardo Helicopters is completing the final assembly of its Next-Generation Civil Tiltrotor Demonstrator ahead of an expected first flight in the coming weeks.

Startup Vertical Aerospace has won an £8 million ($10 million) grant from the UK government to develop next-generation propellers for its VX4 eVTOL air taxi .

As the C919 makes its international debut at Singapore Airshow, Airbus Commercial CEO Christian Scherer says Comac could be a competitor in future.

Private Chinese aviation company United Aircraft has unveiled an autonomous tiltrotor concept designed to one day fly passengers.

PhilJets, a regional operator in the Philippines, has signed a deal with Lilium to set up a high-speed regional air mobility service in Southeast Asia.

Japanese researchers are studying the design for a multicopter electric vertical-takeoff-and-landing air taxi.

French startup Aura Aero has rolled out the first prototype of the Integral E two-seat electric training aircraft.

Electric propulsion pioneer MagniX expects to name a new CEO in the coming weeks.

With more than 100 tests complete on the RISE program, so far there have been no showstoppers in the quest to develop an engine with 20% better fuel efficiency.

Fast rotorcraft efforts might be accelerating across the industry, but keep watch on the light turbine helicopter market during 2024.

Darwin will develop digital assistants to enable extended minimum-crew operations in cruise.

Politics, historical context and the workings of the U.S. defense industrial complex are among the reasons.

Speaking ahead of Singapore Airshow, a Bell executive says India is the most promising market for the company's helicopters in the Asia-Pacific region.

CAE closed sale of its Healthcare business to MADISON INDUSTRIES for C$311m to focus on core training, simulation and aviation software markets.

CRANFIELD AEROSPACE SOLUTIONS was selected by US-based Sratus 9 to supply 10 hydrogen propulsion conversion kits, plus 15 options, for the B-N Islander aircraft in its fractional ownership program from 2027; deal is valued at $20m.

SAFRAN earned €2.1b on €23.2b revenues in 2023 vs €1.2b on €19b in 2022; Aerospace Propulsion (27%), Equipment and Defense (17%) and Aircraft Interiors (33%) all saw growth. CFM INTERNATIONAL delivered 1,570 LEAPs vs 1,136.

FLYHT has STC from Transport Canada to install flange version of its AFIRS Edge 5G wireless data communication device (for WQAR) on A320 Family.

TRU SIMULATION + TRAINING has rebranded itself as TRU SIMULATION.

With a vast population, fast-growing middle class and stifling urban congestion, India looks ripe to be a major early launch market for UAM services.

Dubai has emerged as one of the early major markets for urban air mobility, including plans to serve as a key international launch market for Joby Aviation.

Alaka’i Technologies is flight testing two hydrogen fuel cell-powered electric vertical-take-off-and-landing vehicles on a near-daily basis.

The need for more production investment, ongoing supply chain issues and maintenance capacity concerns are all refraining Safran's CEO from pursuing a higher market share of Airbus A320neo powerplants.