Aerospace

MAGELLAN AEROSPACE had C$977k net loss on C$688m revenues in 2021 vs C$3.3m profit on C$744m in 2020.
Aerospace

FLYHT, Canada completed acquisition of CROSSCONSENSE, Germany (maintenance management software).
Aerospace

JETTAINER, Germany has 5-year T'way Air contract to manage its ULD fleet.
Aerospace

AAR

AAR had $22.5m net income on $452.2m sales in third quarter ended February 28 vs $28.1m on $410.3m a year ago.
Aerospace

Tewolde GebreMariam, the long-serving CEO of Africa’s leading airline – Ethiopian Airlines – has stepped down from his post after more than 35 years with the airline.
Maintenance & Training

By Garrett Reim
Viasat is still working to restore internet to some of its users after a suspected Russian cyberattack took thousands of KA-SAT satellite terminals in Europe offline starting Feb. 24.
Commercial Space

By Thierry Dubois
As cooperation with Russia dwindles and Ukrainian suppliers vanish, ESA is reviewing its options in launch services and exploration.
Space

By Tony Osborne
The UK Royal Navy is developing seven uncrewed air systems to operate from its 65,000-ton carriers that will complement embarked F-35s.
Aircraft & Propulsion

By Guy Norris
Wind tunnel tests intended to show that an unusual airfoil design could allow drag-reducing laminar flow to be passively maintained over a large percentage of a wings.
Emerging Technologies

By Tony Osborne
UK Royal Air Force wants to be net zero by 2040; its counterparts are watching closely.
Budget, Policy & Operations

STARLING AEROSPACE completed interior modification to Cranfield University National Flying Laboratory Centre's 35-seat Saab 340B flying classroom.
Aerospace

LATÉCORÈ had €112.4m net loss on €380m revenues in 2021 vs €198.7m loss on €413m in 2020; Aerostructures unit lost €33.2m (vs €34.6m loss in 2020) on
Aerospace

By Jen DiMascio
Isotropic Systems has completed all tests demonstrating that its GM2000 series military standard satellite terminal can track and link to satellites in multiple orbits from a single, solid-state, software-defined communications platform.
Commercial Space

By Irene Klotz
A minor production issue will delay the arrival of the first flight engines for United Launch Alliance’s new Vulcan rocket to the middle of the year, paving the way for the booster’s debut launch no earlier than late 2022.
Commercial Space

By Michael Bruno
AE Industrial Partners, a private equity firm active in U.S. aerospace and defense, has led a $75 million Series B funding round in Firefly Aerospace, a space access startup recently caught up in Ukraine-related issues.
Commercial Space

By Irene Klotz
SpaceX has abruptly severed its long-standing relationship with customer Spaceflight Industries, which purchases rideshares and dedicated missions from launch service companies.
Commercial Space

By Graham Warwick
No one has made a piloted flight of a full-scale, type-design-conforming electric aircraft that has included a vertical takeoff and landing and demonstrated the design payload and range.
Advanced Air Mobility

By Graham Warwick
With the goal of being able to develop tourism sustainably, Air Greenland has partnered with lessor Avolon to explore the potential for zero-emission domestic air travel using Vertical Aerospace’s VX4 electric air taxi.
Advanced Air Mobility

By Irene Klotz
Building on its $550 million investment in startup OneWeb, Paris-based Eutelsat Communications on March 22 announced a partnership agreement to distribute broadband services from OneWeb’s satellite constellation in low Earth orbit to its maritime, aviation, business, government and other customers.
Commercial Space

By Tony Osborne
The UK defense ministry is looking to industry to provide it with a helicopter for VIP transportation.
Aircraft & Propulsion

Rome airport operator Aeroporti di Roma (ADR) and Italian high-speed rail operator FS Italiane are to build a vertiport at Roma Termini, Rome’s biggest train station, and identify locations for future network expansion.
Advanced Air Mobility

By Tony Osborne
Germany-based space startup Polaris has been awarded a contract by the country’s defense ministry to build and flight-test a scaled demonstrator of its proposed Aurora reusable space plane.
Space

SIMAERO SOUTH AFRICA was approved for a new optimized Beechcraft 1900 type rating course that uses FlightSafety Simulation simulator.
Aerospace

EVONIK, Germany is making multi-euro investment to build new facility in Darmstadt to manufacture ROHACELL structural foam, which is used as core
Aerospace

STELLEX CAPITAL MANAGEMENT acquired RTC AEROSPACE, CA (complex machined components).
Aerospace