Korea Aerospace Industries is aiming to hand over the first LCH civil helicopter in 2023, the same year in which it will begin deliveries of the military LAH version to South Korea’s army.
South Korea plans to begin commercial urban air mobility services in Seoul in 2025 in a bid to tackle traffic congestion and reduce travel times by up to 70%.
The Canadian government is replacing two Challenger 601 utility aircraft with two Bombardier Challenger 650 jets for the Canadian Armed Forces for mission-critical roles in a contract valued at $105 million. The contract also includes training and spare parts.
Bombardier Aviation plans to lay off 2,500 employees, primarily at its Canadian manufacturing facilities, throughout 2020 as it adjusts to lower business jet deliveries caused by challenges from COVID-19, the company said June 5.
Aircraft utilization at Flexjet has doubled in the past three weeks, while leads from potential clients are “off the charts,” as the fractional provider operates during the novel coronavirus pandemic, Flexjet CEO Mike Silvestro said on a Jefferies Equity Research webinar June 2.
Carbon recycler LanzaTech has launched a sustainable aviation fuel (SAF) spinoff, LanzaJet, with $25 million in backing from Canadian and Japanese investors.
After building 111 aircraft and conducting more than 25,000 flights, unmanned and manned, startup Kitty Hawk is winding down the Flyer project to develop a single-seat recreational electric vertical-takeoff-and-landing (eVTOL) aircraft.
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.
Airbus Helicopters has delivered its first helicopters using an electronic-delivery process negating the need for the customer to travel to collect the aircraft in light of the travel restrictions caused by the novel coronavirus pandemic.
Bye Aerospace is approaching the critical design review for its eFlyer 2 two-seat electric training aircraft and has revealed plans to develop an all-electric six- to nine-seater in addition to the already announced four-seat eFlyer 4.
The light aircraft manufacturer has prioritized development of large cargo UAVs because of increasing indications that the entry into service of electric vertical-takeoff-and-landing air taxis could slip to 2028.
Helicopter manufacturers delivered 122 aircraft during the first three months of 2020, down 28% from 170 during the same time a year ago, according to the General Aviation Manufacturers Association (GAMA).
The commercial helicopter industry was locked in a downturn even before the COVID-19 crisis. Deliveries fell again in 2019 to a low of 640 turbine helicopters from the high of 1,111 in 2013. Deliveries of piston helicopters, which had been boosted by demand for training, also declined in 2019.
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.
Beta Technologies and Joby Aviation are the first developers of urban air mobility vehicles to progress to the third stage of the U.S. Air Force’s Agility Prime program.
A civilian Pilatus PC-12 aircraft made an unauthorized landing at a Royal Air Force (RAF) base in Wales because the aircraft’s pilot wanted to visit a nearby beach.
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).
