Lessor LCI Helicopters’ parent has bought out minority stakeholder KKR, returning ownership to the founding Libra Group after seven years, the companies announced Oct. 11.
As Rolls-Royce continues its push into electrified propulsion, the engine maker has signed an agreement to establish facilities in Germany for developing, testing and producing hybrid-electric power trains.
In a double move that Boeing Business Jets says underpins renewed product confidence and market growth, the company has announced the service debut of the first 737 MAX-based BBJ 737-8 as well as the first new order for the corporate variant since the return of the MAX to commercial service in 2020.
Recent engine selections for Gulfstream’s ultra-long range G800 and Dassault’s Falcon 10X with the Pearl have solidified Rolls-Royce’s lead in the long-range business jet market.
U.S. battery startup Lyten is looking to electric aircraft as a potential early market for its energy-dense lithium-sulfur batteries as it scales up to meet expected demand from the automotive industry by 2025-26.
A shift from electric and hybrid-electric propulsion toward hydrogen is evident among sustainable aircraft projects announced so far this year, according to European consultancy Roland Berger.
U.S. startup Prometheus Fuels expects to begin delivering commercial quantities of its carbon-neutral sustainable aviation fuel toward the end of 2022.
Startup VerdeGo Aero has validated the efficiency of its VH-3 hybrid-electric powerplant in more than 500 full-scale ground tests of prototype systems since mid-2020.
EC Power has received a U.S. Air Force contract to develop a lithium-ion battery cell capable of extreme fast charging of electrified aircraft and ground vehicles.
Over the next 10 years, Aviation Week Intelligence Network Fleet & Data Services forecasts deliveries of more than 7,900 business jets and 2,700 turboprops, for a total of 10,600 aircraft valued at $240 billion.
Gulfstream’s recent debut of two new business jet models—the $34.5 million large-cabin G400 and its longest-range business jet, the $71.5 million G800—fills out its product line in a strategy that began in 2006.
A project to demonstrate low-carbon production of sustainable aviation fuel from corn stover—the leaves and stalks left in fields after harvesting—has been funded by the U.S. Energy Department.
Texas took the top spot in the consultancy’s annual Aerospace Manufacturing Index rankings thanks to union-leading scores in subcategories including industry, economy and tax policy.
Identifying advanced air mobility as a target market, Solvay has introduced a new thermoset composite resin system while ramping up its capacity to meet growing demand for thermoplastic composites.
China’s EHang has displayed its EH216 two-seat multicopter in Spain for the first time as it announced a collaboration with the Spanish National Police to explore potential uses for autonomous air vehicles in emergency and security missions.
The business aviation industry stands on the threshold of a new era and can learn from mass-market businesses and technology disrupters, says one of the sector’s most recently minted senior leaders, Vinayak Hegde.
Inmarsat and U.S. startup Xwing have signed a memorandum of understanding to pursue development of a dedicated satellite communications terminal and associated services for autonomous aircraft.
Speaking at the AviationWeek Asia Aerospace Leadership Forum, the Executive Vice President of Singapore’s Economic Development Board (EDB) said the country has “tremendous interest” in eVTOL development.
