Cormorant Aerospace plans to build the initial version of its planned eight-passenger amphibious aircraft with turbogenerator-based hybrid-electric propulsion.
By Joe Anselmo, Michael Bruno, Matthew Fulco, Steve Trimble, Lindsay Bjerregaard, Lee Ann Shay, James Pozzi, Christine Boynton, Lori Ranson, Jens Flottau, Helen Massy-Beresford
The new Trump tariffs and trade wars could indelibly alter the global aerospace and defense industry.
The “de minimis” exemption that allows low-value shipments from China to enter the U.S. tariff-free ends May 2—alarming air cargo shippers reliant on e-commerce
New export controls have been unveiled by the U.S. Department of Commerce aimed at curbing China’s development of advanced military technology and capabilities.