Rolls-Royce CEO Warren East said he is confident about a rapid recovery of the air transport sector after the pandemic led the company to a £4 billion ($5.6 billion) loss in 2020. 

Babcock is to sell its offshore oil and gas support helicopter business to CHC in a further consolidation of the offshore helicopter industry.

German aviation engineering services specialist Apus Group has begun construction of a hydrogen fuel-cell-powered four-seat aircraft which it plans to fly in mid-2023 and hopes to have on the market by 2025. 

The unnamed suitors are proposing to purchase the two companies—Piaggio Aviation and Piaggio Aero Industries—which form Villanova d’Albenga-based Piaggio Aerospace.

Rolls-Royce has been selected to provide the electrical propulsion system for Vertical Aerospace’s gull-wing VA-X4 urban air mobility aircraft. 

Olivier Dassault was the son of the late Serge Dassault and grandson of Marcel Dassault, who founded the French aviation firm before World War II. 

Boom Supersonic has secured a strategic investment from the venture capital arm of American Express which will support development of the Denver, Colorado-based aerospace company’s Mach 2-plus 88-seat Overture airliner project.

Kelly Ortberg’s quiet departure from the executive ranks of Raytheon Technologies was a jolt to some veterans in the aerospace business community, where he has long been regarded as an exceptional talent in the prime of his career.