Aerospace

AVCORP INDUSTRIES had C$17.9m net income on C$24m revenues in 1Q21 vs C$14.4m loss on C$40m in 1Q20.

RUSSIA announced plan to mass produce the MC-21 (with PD-14s) and Il-114-300; first flights were made in December 2020.

The next two piloted flights to the International Space Station aboard Russian Soyuz MS spacecraft later this year will be carrying civilians—a film crew first, and later, tourists.

EVIATION took delivery of first electric propulsion unit (EPU) from magniX for its Alice all-electric aircraft; first flight is 2H21.

IAI had US$42m net income on US$1b sales in 1Q21 vs US$34m on US$1b in 1Q20; it has US$12.2b backlog (three years of operation)

Use of autonomous aircraft for emergency care is to be tested in Helsinki in spring 2023 under the European-funded AiRMOUR project.

Arqit, a four-year-old British startup aiming to provide quantum encryption for communications, announced May 12 it will become a publicly traded company after a two-step merger with a special purpose acquisition company (SPAC).

The startup did not identify the operator or its market sector, but the 40-aircraft order, plus an option for another 40, is “committed and in hand,” XTI CEO Bob LaBelle said.

The end appears to be in sight for the Atlantic’s Organized Track System as airlines turn to environmentally op-timized routes.

The former senator pledges a bipartisan approach to the space agency and continued support for commercial space.

Airbus revolutionized commercial aviation by introducing fly-by-wire. No one pushed it more than Bernard Ziegler who has died at age 88.

Textron will not immediately enter the urban air mobility market, despite its “enormous amount of technological capability,” as the battery technology has not advanced enough to support it, Textron’s top executive says.

Tim Conver, who took over the then-spunky UAV pioneer AeroVironment in the early 1990s, will retire as chairman at the company’s 2021 annual shareholder meeting.

Startup Aergility is working with an unidentified strategic partner to develop a vertical-takeoff unmanned cargo aircraft using its “managed autorotation” technology to increase range and payload.

CIRCOR AEROSPACE & DEFENSE earned $10.7m on $60m revenues in 1Q21 vs $12.5m on $65.5m in 1Q20; orders were flat.

CRANE AEROSPACE & ELECTRONICS was selected to collaborate with BAE Systems on power management systems for Jaunt Air Mobility's eVTOL aircraft.

AEROX AVIATION OXYGEN SYSTEMS (previously Shaw Aerox) plans to move into new headquarters building in Bonita Springs, FL on May 17.

CAE was selected by Jaunt Air Mobility to lead design and development of the Jaunt Aircraft Systems Integration Lab (JASIL) for new Journey eVTOL

ATR completed design phase of ATR 42-600S for STOL operations, enabling suppliers to start drawing release for new parts, source all necessary

AIRBUS is looking at increasing A320 Family production to up to 53 per month by end of 2022, according to unconfirmed media reports; it would not

AIRBUS resumed transforming former A380 Lagardère facility in Toulouse into A321 final assembly line (FAL), to be operational by end of 2022 to

INCORA opened new global headquarters in Fort Worth, TX, consolidating two facilities into one. It was formed via merger of Wesco Aircraft and

Russian Helicopters is planning to display a modernized version of its Kamov Ka-32 co-axial rotorcraft at the MAKS airshow this July.

As it seeks strategic investors to set up operations in Canada, Jaunt Air Mobility has added to the list of suppliers working on the startup’s Journey electric vertical-takeoff-and-landing air taxi.

Qatar Airways will be one of the leading international companies attending the upcoming St. Petersburg International Economic Forum (SPIEF), scheduled to take place in St. Petersburg, Russia, from 2-5 June.