Aerospace

AEROSPACE ENGINEERING SOLUTIONS (AES), UK has EASA STC for 189-seat full-economy pax layout for 737NGs.

German startup Volocopter jumped into the second position on the Advanced Air Mobility Reality Index, but still trails market leader Joby Aviation.

CIRCOR announced its Board of Directors is currently reviewing third-party inquiries regarding strategic alternatives.

AVIO had €9m net income in 2021, down 39% vs 2020; revenues fell 3% to €312m. It ended year with €877m backlog.

AERSALE had $36.1m net income on $340m revenues in 2021 vs $8.1m on $209m in 2020. It says it expects to sell remaining 757s as converted freighters

JOBY AVIATION, CA began fourth of five stages to receive its Part 135 Air Carrier Certificate from FAA for its eVTOL.

COLLINS has Natilus, CA contract to supply cargo loading system for its autonomous blended wing cargo aircraft.

AEMETIS, CA has 7-year, $250m Qantas Group contract to supply 35m gallons of blended sustainable aviation fuel.

DIGITAL AERO TECHNOLOGIES (Avia Solutions Group) invested €2.3m in SENSUS AERO, Lithuania (aviation software) for growth and development.

STELIA AEROSPACE (Airbus Atlantic), France developed full-lat EQUINOX business class seat for China Airlines A321neo, which has 11 on order.

THALES and SANAD, UAE signed MOU to collaborate on developing industrial services for airport security, air traffic and avionics systems.

Slovakian startup AeroMobil is briefing potential investors on its plans to set up the first door-to-door aerial ridesharing service in the U.S. using a four-seat drive/fly vehicle.

India’s indigenous helicopters such as the Dhruv and the Shakti featuring Safran turboshafts will now have access to a new engine MRO facility in Goa following a partnership between HAL and Safran.

New UAE-based lessor, Sirius Aviation Capital Holdings, aims to have 100 aircraft in its portfolio three years from now.

This is the year is when the bevy of SPACs that formed in 2020 faces a deal-or-no-deal moment.

Optical communications technology is gaining ground in space.

A week ago advanced air mobility publicly traded stocks dropped by just more than 12%, followed this week with another 11% decline.

A city police department that was an early adopter of using drones for law enforcement purposes in the U.S. recently surpassed 10,000 missions.

Two U.S. Air Force pilots have become the first to conduct crewed test flights of an electric vertical takeoff and landing aircraft under the service’s Agility Prime program.

TRANSDIGM GROUP has acquired Montreal-based DART AEROSPACE (helicopter mission equipment) for $360m.

AAR was named by Collins Aerospace as exclusive distributor of Goodrich De-Icing & Specialty Heating Systems de-icers and supporting products.

BIRD Aerosystems has received another order for a King-Air 350 Special Mission Maritime Patrol Aircraft from an undisclosed customer.

AeroCRS has implemented BAR Aviation Uganda, licensed by the Uganda Civil Aviation Authority offering domestic scheduled flights, regional and international charter services.

The Aerospace Technology Institute (ATI) has unveiled three zero-carbon airliner concepts developed under the UK government’s FlyZero project which aims to support the accelerated introduction of hydrogen-powered aircraft.

The war in Ukraine could push defense spending to grow annually as fast or faster than GDP for the balance of the 2020s.