Embracing hybrid-electric aviation could boost the aerospace sector’s appeal, prolong the long-term 4-5% annual growth in air travel and stimulate the regional market.
If successful, Northrop’s Mission Extension Vehicle could seed a market for in-space servicing of satellites and open the door to manufacturing in space.
With labor relations on a calmer footing, Air France-KLM CEO Ben Smith is looking ahead to a strategy for dealing with profitability and key competitors.