Aerospace

The International Air Transport Association (IATA) has released January 2021 data for global air cargo markets showing that air cargo demand returned to pre-COVID levels (January 2019) for the first time since the onset of the crisis.

Aerion, the supersonic jet, maker has announced that the flight-service provider Flexjet has placed an order for 20 examples of the Aerion AS2 supersonic jet, reports Robb Report.

On 10th March 2021, AFRAA will launch the Sky-Connect dialogues - a monthly top executive leadership series on developments within the aviation space in Africa and globally.

BOEING received FAA certification for 200-seat 737-8200. RYANAIR has ordered 210 for first delivery in April after EASA cert.

NASA’s Convergent Aeronautics Solutions has launched a crowdsourcing competition to solicit assessments from experts on the factors most likely to shape the future of air travel and how to best arrive at a favorable outcome.

Vaya Space, a Cocoa, Florida, space startup formerly known as Rocket Crafters, on March 31 announced its entrance into the small satellite launching marketplace for launches of up to 1 ton to low Earth orbit starting in 2023.

The International Air Transport Association (IATA) released data for global air freight markets showing that demand for air cargo decreased by 10.6% in 2020, compared to 2019. This was the largest drop in year-on-year demand since IATA started to monitor cargo performance in 1990, outpacing the 6% fall in global trade in goods.

Today’s UK defense cuts will enable long-term investments, but the strategy is not risk-free.

New funding for ZeroAvia kicks off hydrogen propulsion development for 50-seaters as UK’s 9-passenger project switches to fuel cells.

Advanced electronic warfare and avionic software developments are key features of Saab’s next-generation Gripen.

Our roundup of the main aerospace and defense stories making the news this week.

Fresh off its declaration that it was becoming a space-based weather service provider, ClimaCell has revealed its financing for getting there.

AST Spacemobile, the new publicly traded version of nanosatellite startup AST & Science of Midland, Texas, should emerge from its reverse-merger with a special purpose acquisition company on April 6 sporting around $462 million.

STRATASYS, Israel was selected by Senior Aerospace BWT, UK to provide two Fortus 450mc 3D printers at Macclesfield for producing components for low

GOGO says it began process to refinance and replace its $975m outstanding 2024 senior secured notes and $30m undrawn asset-based facility.

GTCR has agreement with Gogo to convert all of its $105.7m convertible senior notes into Gogo common stock; it will then own 28.6% of GOGO.

John B. Cooper, SVP-Global Government and Defense of AAR, received Lifetime Achievement Award from Logistics Officer Association.

Qatar Airways Cargo has taken delivery of three Boeing 777 Freighters. The milestone also marks the 200th 777 Freighter to be delivered.

Bauer Aviation Advisory (BAA) has opened an office in Dubai to help the Middle East’s aviation sector navigate the impact of the pandemic and overcome its associated challenges in the Gulf region and globally.

To chart his administration’s path in space, Biden calls upon a colleague.

Boeing’s proposed small widebody is the only near-term opportunity for a large new conventional engine.

SPAC merger will take Lilium public and fund certification and commercial launch of its regional air mobility eVTOL air taxi.

Several airlines are exploring business cases and operational feasibility of replacing small turboprops with all-electric aircraft.

One area where innovation is truly taking off is electric vertical take-off and landing (eVTOL) aircraft. This innovation podcast series will focus on eVTOLs from a number of different design domains and disciplines.

South Korea’s Hanwha Systems plans to invest 450 billion won ($400 million) in urban air mobility over the next three years.