SpeedNews

AEROMECH is developing RVSM STC for Piper M700 Fury to operate at FL 300; it will also be offered as factory option.

IADA reports its accredited dealers completed 253 resale transactions in 1Q24 vs 239 in 1Q23.

HARBOUR AIR signed LOI with magniX to purchase 50 magni650 electric engines for retrofit on its fleet of 45 aircraft, beginning with the De Havilland DHC-2 Beaver in 2026; the magni650s will also be used for third-party conversions.

EMBRAER delivered seven commercial jets (three E1s/four E2s) in 1Q24 vs seven (five/two) in 1Q23, and now has 381 on backlog. It also delivered 18 business jets (11 Phenoms/seven Praetors) in 1Q24 vs eight (six/two) in 1Q23.

ARCLINE INVESTMENT MANAGEMENT completed acquisition of KAMAN for $1.8b cash (SPNWS; January 26).

Robin Hayes to Chairman and Chief Executive Officer of Airbus Americas, Herndon, VA (effective June 3); Jeff Knittel is retiring.

AURA AERO, France received EASA approval to begin flight testing its all-electric, 2-seat INTEGRAL E.