South Korean drone maker This Is Engineering (TIE) has unveiled its concept for an autonomous passenger electric-vertical-takeoff-and-landing air taxi.
Beleaguered rocket startup Astra Space will raise as much as $65 million gross through a new stock sale effort while also carrying out a stock consolidation effort.
Thales' acquisition of cockpit communication systems company Cobham Aerospace Communications could create flight deck system integration possibilities.
Ethiopian Airlines is planning to double its fleet by 2035 and the industry can expect orders later this year according to the Addis Ababa chief executive Mesfin Tasew.
Textron Aviation has been awarded a contract by AvMet International for a Beechcraft King Air 360CHW (cargo door, heavy weight) and four Beechcraft King Air 260 aircraft to support the Kingdom of Saudi Arabia’s National Center for Meteorology programme for cloud seeding.
Remaining regional aircraft OEMs ATR and Embraer continue to wait for fresh, strong demand. If the hesitation is structural, the outlook could stay grim.