Etihad Airways has picked up top honours at the prestigious 2022 Airline Economics Middle East, Africa & Islamic Aviation 100 Awards yesterday evening.
ACIA Aero Leasing (ACIA) and Solenta Aviation (Solenta), a South Africa-based provider in aviation services, have expanded their existing relationship with DHL Express.
Chinese startup AutoFlight has opened a U.S. office as it pursues plans to develop and certify its electric urban air taxi in Europe, manufacture the vehicle in China and market it globally.
Regent and TotalEnergies plan to explore the use of an electric seaglider to support the operations of offshore energy platforms such as oil rigs and wind turbines. The two companies plan to develop requirements and validate using one of Regent’s seagliders for offshore operations support, Regent said Sept. 30.
GKN Aerospace, the British aerostructures giant undergoing a business overhaul under private ownership, has acquired Sweden’s Permanova Lasersystem, an existing supplier that specializes in laser welding and laser metal deposition systems.
AE Industrial Partners, the leading private equity investor in aerospace and defense by deal volume, has acquired a majority stake in small satellite builder York Space Systems, the companies announced Oct. 4.
As calls grow within the advanced air mobility community for demonstrations that will show the public and policymakers the potential benefits of this new form of transportation, startup Electra.aero is making plans to fly its technology demonstrator between Washington and Richmond, the Virginia state capital.
Five startups emerged as winners from the pitch-style final of an urban air mobility innovation challenge sponsored by the Vertical Lift Consortium, a collaboration that supports the Defense Department.
Amid cautions from the United Nations (U.N.) concerning higher interest rates and the Standard & Poor’s 500 Index experiencing its worst monthly drop since March 2020 in September, the month of October opened as better in general in terms of stock performance.
U.S. space infrastructure specialist Redwire said it will buy Qinetiq Group’s Space NV business, a provider of integration, equipment and other backbone space systems in Europe, for about €32 million ($31.4 million).