ZEROAVIA completed Series C funding round at a total of $116m. The UK Infrastructure Bank joined round as a cornerstone-level investor alongside co-leads Airbus, Barclays Sustainable Impact Capital and NEOM Investment Fund.
L3HARRIS agreed to sell its Commercial Aviation Solutions business, which includes pilot training, flight data analysis, avionics and advanced air mobility products, to TJC for $800m; deal also includes L3Harris’ surveillance joint venture.
Receiving the design organization approval means that Lilium is now entitled by EASA to design, develop and hold a type certificate for its Lilium Jet.
NZAero has completed development and certification work on its SuperPac 750XL-II utility turboprop, a re-engined and upgraded version of the company’s 750XL.
AFM, a Dubai headquartered pilot training industry company, held the second edition of the AFM Global Pilot Training Organisation Leadership Summit during the Dubai Airshow.
India's airlines have ordered thousands of aircraft this year, but economic realities will keep it from replicating Beijing's growth miracle anytime soon.