A “toehold of recovery” in the business jet market in the third quarter in the Asia-Pacific region is expected to continue, with respondents to a survey from the Asian Sky Group saying they feel better about their business prospects going forward.
In 2018, seeing the crop of potentially disruptive startups pursuing new forms of aerial mobility, Boeing formed NeXt. Now it is moving to shutter NeXt as swiftly as it can.
Just months after buying the factories as part of a prepandemic acquisition spree, Connecticut-based aero engine supplier Whitcraft Group is auctioning several plants across the U.S. next month as part of a retrenchment effort.
Vertical noted that many of the advancements in battery technology have emerged from the automotive sector, but these batteries are “not optimized for aviation gravimetric energy or power density requirements.”
Neste Corporation and Royal Dutch Shell have signed a sustainable aviation fuel (SAF) supply agreement, in a bid to anticipate increasing demand from airlines.
Already on a tight schedule to deliver community acceptance data to regulators, NASA has revealed that COVID-19 challenges have pushed the first flight of its X-59 QueSST low-boom flight demonstrator back to summer 2022, from late 2021.
Flight services provider DroneUp on Sept. 22 announced a pilot program with Walmart and Quest Diagnostics to deliver COVID-19 test sample collection kits by drone in North Las Vegas, Nevada.
Partners in Aviation co-founder and President Mark Molloy is a professional matchmaker, although his matchups involve bringing together those wanting to co-own a business aircraft.
Textron Aviation avoided a strike by its hourly workforce when members of the International Association of Machinists and Aerospace Workers accepted the company’s final offer of a new four-year labor contract on Sept. 19.
Worldwide business aviation activity is trending down 12% in September compared to a year ago, but is an improvement from summer declines, according to WingX Advance data.
Raytheon Technologies is on its way to cutting at least 15,000 employees in response to the company’s recent merger and the fallout from COVID-19, the aerospace and defense giant’s CEO told an investor conference, and likely more will occur.
Bombardier on Sept. 16 said it finalized terms of the sale of its train business to Alstom for $8.4 billion (€7.15 billion), including a $350 million price cut from the memorandum of understanding unveiled in February.
Turkish unmanned aircraft system developer Baykar Makina has carried out the first flight of its Cezeri ducted multicopter electric vertical takeoff and landing aircraft.
Kopter Group is moving the prototype of its SH09 single-engine light helicopter back to the company’s home base in Switzerland following an extensive flight test campaign in Sicily.
Israel Aerospace Industries (IAI) has accomplished what it described as the world’s first successful landing of a UAV at a major airport while integrating the vehicle into commercial traffic.
Chinese urban air-taxi developer EHang is to expand the production capacity for its autonomous aerial vehicles as it develops markets for the passenger/medical support/firefighting-capable aircraft.