South African aerostructures manufacturer Aerosud aviation has signed a memorandum of understanding with UK startup Samad Aerospace for the development and manufacture of the Starling Cargo unmanned aircraft.
Swiss-based aircraft manufacturing supplier Montana Aerospace raised almost $164 million in a stock sale, the company announced Nov. 17, with proceeds going toward the acquisition of Belgium-based Asco Group.
Italian manufacturer Tecnam Aircraft has launched a transition program to enable buyers to transition via the P2012 Traveller nine-passenger regional aircraft to the P-Volt all-electric version.
With the South Korean government making a proactive effort to commercialize urban air mobility by 2025, two consortiums have announced plans to develop and test the required ecosystem.
NetJets is one of three new investors in Amber Aviation, based in Shenzhen, China, and plans to transfer up to 20 of its jets over the next two years to Amber for operation in mainland China and Southeast Asia.
Diehl Aerospace and Thales are to work with Airbus to develop the flight control system for Airbus’ electric vertical takeoff and landing advanced air mobility platform.
Swiss-based Comlux has sold two Airbus ACJ TwoTwenty ultra-large business jets, the first to Dubai-based Five Hotels & Resorts to fly clients around the world to its properties.
As urban air mobility leaders target congested cities such as Los Angeles as launch markets for air taxi services, efforts to secure convenient vertiport locations are accelerating.
Unmanned cargo-aircraft startup Elroy Air has partnered with humanitarian transport operator AYR Logistics to develop an autonomous aerial-delivery service.
Archer, Joby and Lilium together spent almost $132 million in the third quarter on development of their electric vertical takeoff and landing air taxis.
According to Aviation Week Network's recently released 2022 Military Aviation Fleet & MRO Forecast, there will be 14,254 new build military aircraft worth $768 billion delivered over the next 10 years with MRO demand set to exceed $1.1 trillion over the same period. With the global fleet of military aircraft set to continue to grow over the decade, gain insight into the key market dynamics and discover where the main opportunities are in the global market with a sample of the 2022 data and commentary by Aviation Week Network’s trusted editors and analysts.
