Aerospace

Lulav Space’s engineers gained experience with lunar guidance, navigation and control via prior work on the Beresheet 1 lunar lander mission in 2019.

German air taxi startup Lilium has announced a plan to raise up to $250 million in fresh capital.

VSE CORPORATION agreed to sell its Federal and Defense segment to BERNHARD CAPITAL PARTNERS for up to $100m.

HOWMET AEROSPACE had $148m net income on $1.6b sales in 1Q23 vs $131m on $1.3b in 1Q22.

LILIUM announced capital raise for up to $250m, with $100m funded at close, to continue development of its Lilium Jet at full pace.

LUFTHANSA SYSTEMS has 1Sched@Cloud contract with Lufthansa Group to provide NetLine/Sched schedule management solution as standard.

Barry Kohler to Chief Executive Officer of Erickson, Portland, OR.

ZEROAVIA received ex-Horizon Air Dash 8-Q400 (4348) from Alaska Airlines for retrofit with hydrogen-electric propulsion system for partnership with De Havilland

SAFRAN was selected by flydubai to supply new business class seats (based on VUE platform) for certain 737s used on longer-haul routes.

European and U.S. regulators are working to ensure transferability of eVTOL type certificates.

The Advanced Air Mobility Composite ticked higher by 2.7% during the week ending April 28, lifted by strong gains in Joby Aviation.

Lobo Leasing has signed a letter of intent to lease a Pipistrel Nuuva V300 hybrid eVTOL uncrewed cargo aircraft to UK helicopter operator HeliOperations.

ETIHAD AIRWAYS plans in 3Q23 to take delivery of three new 787s.

Dual-use aircraft could serve as a military tanker while ushering Northrop Grumman into the airliner business.

Etihad Airways is showcasing a suite of new products and enhancements at the Arabian Travel Market in Dubai this week.

The climate crisis was under the spotlight during the opening session of the Arabian Travel Market (ATM).

Etihad Cargo has introduced weekly flights to Wuhan Tianhe International Airport in the Hubei province of China.

Jazeera Airways has achieved a net profit of KD2.3 million (US $7.5 million ) for the first quarter (Q1) of 2023.

Etihad Airways has been recognised as the airline with the ‘Best Cabin Crew’ for the third year in a row at a gala awards ceremony held in Dubai.

Emirates has signed a three Memorandum of Understandings (MoUs) with Indonesia’s Ministry of Tourism and Creative Economy, the Moroccan National Tourism Office and Tourism Authority of Zimbabwe.

Tools created to save ailing suppliers, such as a dedicated investment fund, are becoming permanent.

Competition from lower-tier suppliers and other countries is picking up.

The first visit in four years by U.S. defense contractors to the island democracy will focus on joint production of drones and ammunition.

Scramjet testing has scored several breakthroughs, but the path forward for the Pentagon’s portfolio of hypersonic glide vehicle projects is unclear.

Lithium-metal battery; composite LH2 tanks; agricultural eVTOL; and MTU adds electric motors.