A record number of aircraft transactions could occur this year, and given upcoming changes to U.S. depreciation accounting rules, will this put even more of a race to close deals by the year end?
Pete Bunce, General Aviation Manufacturers Association president and CEO, outlined the multiple challenges and threats that business aircraft manufacturers are facing at the Corporate Jet Investor conference.
UPS Flight Forward, the package carrier’s uncrewed aircraft division, is looking ahead to a vertical takeoff and landing demonstration flight direct to a UPS center using Beta Technologies’ Alia-250.
Brazil-based on-demand private-aviation provider and electric-aircraft proponent Flapper has raised an additional $6 million of Series A funding for investments in technology and flight operations.
German urban air mobility startup Volocopter has secured an additional $182 million in funding, with Saudi Arabian smart city Neom and Hong Kong-based GLy Capital Management as new investors.
Bombardier's new maintenance facility at Miami Opa-Locka Executive Airport offers major inspections, upgrades, modifications and avionics installations, as well as interior refurbishments.
Slovenian manufacturer Pipistrel, now part of Textron Aviation, announced on Oct. 31 that it has delivered the first Velis Electro electric airplane in Canada.
Self-piloted recreational flights over the Hudson and East Rivers in New York could begin as early as 2023 using Lift Aircraft’s single-seat, semi-autonomous Hexa electric vertical takeoff and landing vehicle.
As it looks ahead to certification and operation of its urban air mobility vehicles, China’s EHang has formed a partnership with commercial aircraft maintenance provider HAECO Group to develop after-sales support for its autonomous air vehicles.
A Robinson R44 converted to electrified propulsion by Tier 1 Engineering has completed the first helicopter flight between airfields solely on electric power.
Slovenian manufacturer Pipistrel, now part of Textron Aviation, announced on Oct. 31 that it has delivered the first Velis Electro electric airplane to Canada.
On the heels of listing publicly, startup Amprius has signed a 3-year agreement to supply its high-energy-density batteries to BA Systems’ Air business for use in electrically powered flight applications.
Skyrocketing prices for gas and electric power in Europe are beginning to affect Safran’s supply chain, as well as the company’s strategic decisions, according to CEO Olivier Andries.
In an Urgent Aviation Safety Recommendation, the board said DHC-3 operators should conduct one-time inspections of the aircraft’s horizontal stabilizer actuator lock ring.
South Korea’s SK Telecom has signed an agreement with Daegu Metropolitan City to integrate urban air taxis into the future mobility ecosystem of the country’s fourth largest city and its planned new airport.
Efforts to build up U.S. sustainable aviation fuel (SAF) production capacity to at least 3 billion gal. a year by 2030 have taken steps forward, with startups Alder Fuels and LanzaJet announcing progress in establishing their first plants.
Textron Aviation delivered 72 Citation jets and turboprops during the third quarter (Q3), down from 84 a year ago, as supply chain challenges continue.
Another design has been added to the list of large uncrewed cargo aircraft under development in China, with Sichuan Tengden Science & Technology conducting the first flight of its Twin-Tailed Scorpion D on Oct. 25.
Despite macroeconomic headwinds, Gulfstream Aerospace continues to see a high level of activity and interest in its aircraft and a “replenishing pipeline of orders,” its top executive said Oct. 26.
Aviation Search Group, an aviation recruiting firm, recorded a record 75% growth in revenue at the end of the third quarter of 2022, when compared to a year ago.
South Korean advanced air mobility startup MintAir plans to purchase up to 10 zero-emission aircraft from Australia’s Dovetail Electric Aircraft for proposed regional cargo services.
Saudi Arabian flag carrier Saudia has signed a memorandum of understanding with Lilium for the proposed development and operation of an electric vertical takeoff and landing network.
The FIFA World Cup, held every four years and one of the most-watched sporting events in the world, will take place in Doha, Qatar from Nov. 20 to Dec. 18, 2022.
