Kevin McAllister, the former head of Boeing Commercial Airplanes until the 737 MAX program broke down, has joined AE Industrial Partners (AEI), a private equity investor specializing in aerospace, defense and government services.
Carbon recycler LanzaTech has launched a sustainable aviation fuel (SAF) spinoff, LanzaJet, with $25 million in backing from Canadian and Japanese investors.
As manufacturers and operators work to reassure passengers that flying in aircraft is safe because existing filtration systems remove pathogens from cabin air, German researchers are studying how viruses spread inside aircraft and other densely packed forms of transport, such as trains.
Bombardier has completed the sale of its CRJ Series regional jet program to Mitsubishi Heavy Industries for $550 million in cash and the assumption of about $200 million in related liabilities, the company said.
FRANKFURT—TUI Group has reached an agreement with Boeing over compensation for delayed 737 MAX deliveries and a new schedule that will see the airline take outstanding deliveries much later.
Business-rescue practitioners seeking to save South African Airways (SAA) have put forward a draft restructuring plan that would see the carrier’s 49-strong fleet slimmed to 21 aircraft over the mid-term.
The company said it must first meet cost targets and then work out a plan to get a type certificate. Only after the regional jet is declared airworthy will the resumption of manufacturing be considered.
Bombardier’s exit from commercial aerospace was finalized yesterday with the sale of its CRJ aircraft program to Japanese manufacturer Mitsubishi Heavy Industries (MHI) in a deal including its maintenance support services.
Embraer, still shaking off its failed commercial tie-up with Boeing, plans to complete a strategic review by September and is talking to several potential partners that could play a role in the Brazilian airframer's future, the company’s top executive said.
EasyJet has said it will reduce staff numbers by 30% and by the end of 2021 have a fleet of around 302 aircraft, 51 fewer than planned before the COVID-19 crisis.
China’s state-owned aircraft manufacturer COMAC rolled out the first ARJ21-700 regional jet destined for Air China while also debuting the corporate jet variant, the COMAC Business Jet (CBJ).
The Russian government plans to save United Aircraft Corporation (UAC) after the country’s only aircraft manufacturer almost doubled its net loss in 2019.
A group of major Danish companies is pressing ahead with plans to create what it describes as one of the world’s largest sustainable fuel production facilities.
