Aerospace

So far, Beta Technologies and Volocopter are showing it is possible to build a billion-dollar business in advanced air mobility without the distraction of going public.

Jazeera Airways today announced a net profit of KD3.8 million for the first quarter of 2022, compared to a net loss of KD5.2 million in the first quarter of 2021.

Bahrain is gearing itself up to celebrate the 10th anniversary of the Bahrain International Airshow (BIAS) taking place 9-11 November 2022.

The Kenya government is bailing out Kenya Airways for a second time as the airline struggles to keep afloat.

The space sector has unique propellants when it comes to M&A, which is likely to create a “melt-up.”

Airbus advances X-plane; BAE joins GE on hybrid; Seaglider takes to water; Cross-country on hydrogen; and manufacturing LH2 tanks.

Ferrovial Airports has appointed Bob Montgomery as head of vertiports business development and Brad Miller as vertiports managing director for Europe, the Middle East and Africa.

April 25-28—AUVSI Xponential 2022, AUVSI, Orlando, Florida. www.xponential.org/xponential2022

JetBlue Technology Ventures, the airline’s investment arm, has participated in a $13 million funding round by battery developer Electric Power Systems.

Stratolaunch has begun taxi tests of the Roc carrier aircraft with a large underwing pylon that will be used to carry and launch the company’s Talon-A hypersonic test vehicle.

Woodward Chairman, CEO and President Tom Gendron plans to retire from the major aerospace supplier on May 9, the company announced April 21, handing over the reins to Charles “Chip” Blankenship Jr. under a quietly planned succession

By the first quarter of this year, twin-aisle deliveries and backlogs by value had declined to just 30% of the market.

SriLankan Airlines has reported its first profitable fourth quarter since 2006 with a net profit of $1.7 million for the quarter ended 31 March.

In a cooperative effort with would-be manufacturers of electric aircraft, the French turbine engine specialist diversifies.

Former Collins Aerospace executive John Borghese joins Aviation Week executive editors Graham Warwick and Carole Hedden to reflect on the last 50 years of innovation in aerospace and look at what is coming down the pipe.

TRU SIMULATION + TRAINING has FAA Level D certification for its Cessna SkyCourier full-flight simulator located at FlightSafety's Wichita East

L&T TECHNOLOGY SERVICES was selected by Jaunt Air Mobility to provide engineering services for Journey eVTOL air taxi in deal valued at >$100m; it

BAE SYSTEMS was selected by GE Aviation to design, test and supply energy management components for megawatt (MW) class hybrid electric propulsion

Planet Labs has unveiled its next constellation of 32 Earth observation satellites, the Pelican fleet, which will provide images with up to 30 cm of resolution and improved revisit rates.

Weather concerns off the Florida coast have prompted new delays in the planned return to Earth of Axiom-1 from the International Space Station and the follow-on launch of NASA’s Crew-4 SpaceX Dragon Freedom to the ISS, NASA and Axiom Space announced late April 20.

A project led by the IRT Saint-Exupery research and technology institute in Toulouse is well on track to cutting raw materials needed for 30% of titanium parts on Airbus aircraft.

Vertical Aerospace expects to certificate its VX4 air taxi concurrently with the UK and Europe, with the European Union Aviation Safety Agency agreeing to validate UK Civil Aviation Authority type certification of the electric vertical-takeoff-and-landing aircraft.

As it ground-tests a 2-megawatt electric motor with the intent of converting a 100-seat regional jet to zero-emission propulsion, Wright Electric has received a U.S. Air Force contract to modify the technology into a lightweight, high-power generator as a battlefield recharger for electrified vehicles.

BAE Systems plans to provide energy-management components, including the battery and cabling, for the megawatt-class hybrid electric propulsion system being developed by GE Aviation under the recently awarded NASA Electrified Powertrain Flight Demonstration project.

The Kingdom of Eswatini Government and Airlink, the joint shareholders, have mutually agreed to dissolve their joint venture airline business, Eswatini Airlink.