Aerospace

The Emirates Group has announced its first year of loss in over 30 years caused by a significant drop in revenue, fully attributed to the impact of COVID-19 related flight and travel restrictions throughout its entire financial year 2020-21.

Two start-up airlines are taking to the skies and several incumbents – including Air Peace, Azman Air and Dana Air – are growing their fleets.

Jordanian MRO and engineering company Joramco – part of the DAE Group – kicked off the MRO Middle East show in Dubai today with the first announcement of the event.

Targeting FAA certification by late 2024 or early 2025, the Denver, Colorado-based company’s ambitious test and development plan calls for assembly and first flight of the initial TriFan 600 test aircraft within the next 20 months.

The manufacturer aims to prepare for the next generation of aircraft, planned to be introduced by 2035.

An office within the U.S. Commerce Department will launch a space traffic management pilot program this summer.

Heating the battery could enable fast charging for high utilization of electric air taxis while also enabling the rapid discharge rates required to provide the power for vertical takeoff and landing, researchers at Pennsylvania State University have demonstrated.

French startup Ascendance Flight Technologies is progressing toward the public demonstration of its Atea hybrid-electric vertical-takeoff air taxi during the 2024 Olympic Games in Paris.

XTI AEROSPACE, CO signed joint venture agreement with XERIANT to accelerate development of its hybrid-electric TriFan 600 VTOL aircraft, including

GE AVIATION and SAFRAN launched CFM RISE (Revolutionary Innovation for Sustainable Engines) program to develop range of disruptive technologies

ZANITE ACQUISITION is in negotiations to take stake in Embraer's EVE URBAN AIR MOBILITY SOLUTIONS.

REX, Australia acquired 737NG full flight simulator from Boeing.

Hansueli Loosli was elected Chairman of the Board of Directors of Pilatus Aircraft, Switzerland.

Kevin Vicha to Chief Executive Officer of Bromford Industries, UK.

Kitty Hawk has set an aggressive goal of achieving FAA certification of the Heaviside within three years.

CFM International joint venture partners GE Aviation and Safran have launched an aggressive technology development program to pave the way for a new generation of fuel-efficient unducted—or open fan—engines to enter service around the mid-2030s.

AJW Group, which serves the Middle East, and Arena Investors have announced a joint venture focused on selective acquisitions of commercial aircraft, engines and components.

Takatso Consortium has been selected as the preferred Strategic Equity Partner (SEP) for South African Airways (SAA), announced by the Department of Public Enterprises (DPE) today.

After years of development, the FAA is bringing to bear a new capability for tracking spacecraft.

Electra unveils; Honeywell backs Lilium; EcoPulse testing; Electric trainer; eVTOL Casevac.

Aerospace & defense leaders wanted performance-shattering, 3D-printed, high-value parts. The reality of additive manufacturing often fell short of expectations... until now.

Lilium plans to use at least six conforming prototypes for testing in an effort to obtain concurrent European and U.S. type certification of its seven-seat electric air taxi.

Drone delivery system operator Zipline and pharmaceutical company Pfizer have partnered to distribute COVID-19 vaccine as part of a U.S.-led effort to distribute 500 million doses of the Pfizer-BioNTech vaccine to developing countries.

Eve begins working with operators after booking the first orders for its eVTOL air taxis.