Gevo says its Net-Zero 1 ethanol-to-jet project has been invited to begin due diligence and term sheet negotiation phase for a $950 million loan guarantee.
Aero Challenge Group is to invest “a double-digit million Euro sum” in development of the aircraft designed to carry 1,000 kg of payload or eight passengers.
Singapore-headquartered maintenance, repair and overhaul company ST Engineering secured SG$2.3 billion ($1.7 billion) in contracts in the second quarter.
Carriers in the U.S. affected by accelerated inspections of certain Pratt & Whitney PW1100 engines are preparing to have aircraft on the ground during the fall.