South Korean startup Plana has secured $9 million in pre-Series A funding to continue development of its planned hybrid-electric vertical takeoff and landing air taxi.
The 2022 edition of the National Business Aviation Association’s Business Aviation Convention and Exhibition (NBAA-BACE) is the second since COVID-19 first threatened business aviation’s existence then turbocharged the industry’s growth.
Raytheon Technologies has made a minority investment in Swiss electric propulsion startup H55, a technology spinoff from the Solar Impulse solar-powered, around-the-world aircraft project.
Following the September fatal crash of a de Havilland Canada DHC-3 Otter floatplane in Washington State, the FAA has issued an emergency Airworthiness Directive calling for the immediate visual inspection of the left-hand elevator auxiliary spar.
The center will fabricate composite aircraft structures, such as wings and fuselages, for customers using automated and high-rate processing with smart manufacturing technologies
U.S. regional air travel provider Surf Air Mobility has agreed to the main terms of a $450 million deal with leading turboprop lessor Jetstream Aviation Capital to fund the growth and electrification of its aircraft fleet.
Sierra Nevada Corp. is moving into the original equipment manufacturer world for large uncrewed aircraft, announcing Oct. 10 it has acquired the UAV portfolio and intellectual property from Volansi.
Aviation Week’s newly released Business Aviation Fleet & MRO forecast predicts deliveries of more than 8,700 new business jets and nearly 2,700 turboprops valued at $273.7 billion over the 10-year-period from 2023 through 2032.
Should the endangerment finding be upheld, the EPA would develop a regulation governing lead emissions from aircraft; the FAA would prescribe standards for the composition of unleaded avgas.
Flying personnel or equipment around U.S. Air Force test ranges has been identified as a likely early application for electric vertical takeoff and landing vehicles.
U.S. central bank leaders who set interest rate targets for large banks are warning about pain ahead for the economy. It is a price they are willing to pay to get history-making inflation under control, one of their core mandates.
Airbus Helicopters and Korea Aerospace Industries have handed over the first production Light Civil Helicopter to a local civilian operator, Gloria Aviation.
Iconic general aviation aircraft figure prominently in the restored west wing of the Smithsonian National Air and Space Museum, which is undergoing a seven-year, roughly $1 billion renovation.
Some in the aviation industry heralded ICAO’s endorsement of the Long Term Aspirational Goal (LTAG), but critics assert the aviation sector is dragging its heels in fighting climate change.
Parker Hannifin has plenty of opportunity to change and improve Meggitt operations while still upholding promises Parker made to the UK government to sustain core Meggitt operations in the country, Parker leaders told Aviation Week.
Sweden’s Heart Aerospace may have moved up to 30 seats to increase the appeal of its planned electric regional airliner, but French startup Aura Aero continues to pursue a 19-seater and has announced letters of intent for another 130 aircraft, taking the total to more than 330.
The first crewed electric vertical takeoff and landing flight in Italian airspace has been conducted from the country’s first fully functional vertiport at Rome’s Fiumicino International Airport.
Lessors have played a major role in boosting the conditional orderbooks of electric aircraft startups, from Avolon’s preorder for 500 Vertical Aerospace four-passenger air taxis to Rockton’s letter of intent for 40 Heart Aerospace 30-seat regional airliners.
