Management changes are not unusual as companies go through their different phases of growth, but Archer Aviation’s April 19 announcement that co-founder and co-CEO Adam Goldstein had been named the startup’s sole CEO came as a surprise to many.
Embraer’s civil aircraft deliveries fell both year-over-year and sequentially in the first quarter (Q1), as the company handed over six commercial airframes and eight business jets.
Colonial Pipeline, the largest petroleum pipeline system in the U.S., plans to allow its system to be used to transport sustainable aviation fuel (SAF).
Safran is gaining experience in electric propulsion, testing prototypes and studying aircraft architectures as it positions itself as the supplier of a full range of motors for all-electric and hybrid propulsion systems, from light aircraft to narrowbodies.
Embraer delivered a total of 14 jets in the first quarter of 2022, of which six were commercial aircraft and eight were executive jets (six light and two large).
Formalizing a relationship first announced at the Paris Air Show in 2019, U.S. regional airline Cape air has signed a letter of intent (LOI) with Eviation Aircraft for the purchase of 72 Alice electric aircraft.
The fast rise in preowned business aircraft pricing, prevalent in the second half of 2021, appears to be leveling off, some brokers say, although they aren’t seeing market softening.
