Triumph Group has announced a significant step forward in shedding some aerostructures businesses, revealing a definitive agreement to sell its composites operations to private equity investor Arlington Capital Partners.
Virgin Galactic has unveiled the outline configuration of its ongoing high-speed air-breathing passenger transport study and announced Rolls-Royce as its propulsion partner for the Mach 3 design concept.
Cirrus Aircraft has launched VisionAir, a comprehensive ownership program to aid new owners of the $2.85 million Cirrus Vision Jet, a single-engine personal jet.
The board of directors from the Export-Import Bank of the United States (EXIM Bank) has approved a $97.2 million working capital guarantee to support about $211.4 million in export sales by Embraer Executive Aircraft’s Melbourne, Florida, facility.
A UK Department for Transport-sponsored research program has chosen several companies to participate in the development of an open-access unmanned aircraft traffic management (UTM) system.
The European Business Aviation Association (EBAA) has reported growing demand from passengers who would ordinarily use airlines but are not willing to anymore because of the pandemic.
Yates Electrospace Corp. has launched a civilian subsidiary, Avius Air Delivery, to provide air responses for humanitarian relief, natural disasters and pandemics based on the technology of its 1-ton military resupply glider, the Silent Arrow.
AVIAA, a global group purchasing company, has partnered with New World Aviation, based in Allentown, Pennsylvania, expanding its maintenance service options to its members.
Mae Krier, one of the original “Rosie the Riveters,” sent a shipment of red polka-dot masks and hair ties mirroring the slogan of the famous World War II poster, “We Can Do It!” to students at the Pittsburgh Institute of Aeronautics in Myrtle Beach, South Carolina.
Trive Capital has partnered with Cincinnati-based Field Aerospace, which offers aircraft integration, engineering modification and support for the government and aerospace and defense industries.
The next prototype of Eviation’s Alice all-electric, nine-passenger aircraft will undergo final assembly and flight test at AeroTEC in Moses Lake, Washington.
Chinese urban air taxi developer EHang is to expand its production capacity for autonomous air vehicles as it works to develop domestic and international markets for the passenger-capable aircraft.
Swiss artificial-intelligence (AI) start-up Daedalean has launched a project in partnership with the European Union Aviation Safety Agency (EASA) to develop the first guidance for the certification of machine learning in safety-critical applications onboard aircraft.
Textron Aviation is seeing a pickup in orders for light turboprops and jets from private buyers, but demand from corporations for larger business jets has yet to show signs of recovery, parent company Textron told analysts on July 30.
