Aerospace

Bob Stohrer to Chief Marketing Officer of Boom Supersonic, Denver. Scott Galloway joined Boom's Advisory Council.

AERODIRECT acquired three inventory packages with >28,000 line items of new condition parts for 737NG, 757, 767, 777, Airbus and Embraer aircraft.

Nikos Gitsis to Chief Executive Officer of Dornier Technology, Manila, Philippines.

FACC opened €12.5m, 128,000 sq meter manufacturing facility at Jakovlje, Croatia for lightweight cabin components.

The UK’s Cranfield Aerospace Solutions has secured £10.5 million ($13.8 million) in investment from HydrogenOne Capital Growth and Safran to develop hydrogen fuel-cell electric propulsion for aviation.

The Public Investment Fund (PIF) has said that five leading Saudi businesses have signed an MoU to become the first potential partners of the MENA regional Voluntary Carbon Market (VCM).

Emirates NBD has expanded its long-standing partnership with Etihad Guest, the award-winning loyalty programme of Etihad Airways.

Bell Textron announced a signed purchase agreement with BAR Aviation for a Bell 412EPi to support 24/7 medical evacuation missions and the new development of oil and gas projects in Uganda.

The company demonstrated state-of-the-art defence, security and aerospace capabilities ready to enhance the security of Qatar and the Middle East.

An up-and-coming international aircraft asset manager with roots in Morocco is making a name for itself with innovation and a can-do attitude.

Despite the bureaucratic hydra, the U.S. is likely to have a lead-free atmosphere years before 2030.

Amid sanctions triggered by Russia’s war in Ukraine, many short-term and medium-term initiatives are in play to keep industry going.

ATI study concludes green hydrogen is most viable zero-carbon fuel, lays out goals with detailed future airliner concepts.

Startup Dark Fission Space Systems announced plans on March 22 to build and demonstrate a nuclear thermal rocket engine in orbit within five years.

Japanese commercial UAV company Terra Drone has raised $70 million in Series B venture capital from local investors and will apply the funds toward a drone air traffic management service.

NASA plans to extend its Human Landing System contract with SpaceX to cover a second crewed landing on the Moon and launch a parallel procurement leading to a second commercial provider for crewed transportation services to and from lunar orbit and the lunar surface.

Volocopter has taken another step toward its goal of operating a commercial electric air taxi service during the 2024 Paris Olympics by conducting a series of test flights in France to measure its aircraft’s acoustic signature.

Japanese automaker Suzuki Motor is looking at adding electric air taxis to its lineup of compact cars and motorcycles and targeting markets such as India through a partnership with Tokyo-based startup SkyDrive.

UK vertiport development and drone delivery startup Skyports has raised $23 million in the first close of its Series B funding round.

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

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

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

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.

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.

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.