Aerospace

Dominik Asam, CFO of Airbus, plans to leave company in March 2023 to become CFO of SAP; no replacement has been named.

KF AEROSPACE opened 60,000 sq ft KF Centre for Excellence aviation exhibition and conference center in Kelowna.

NASA has added five more missions to SpaceX’s crew transportation services contract, bringing the total value for 14 flights to $4.9 billion.

NASA and Axiom Space have signed a mission order for a second four-person private astronaut mission to the International Space Station (ISS), planned for the second quarter of 2023.

Royal Caribbean Group plans to start installing SpaceX’s Starlink satellite dishes aboard its cruise ships.

Satellite-based hyperspectral imagery and data provider Pixxel expects to launch its first “commercial-phase” satellites in early 2023, followed by more later that year, representatives said in August while revealing the startup’s latest strategic backer, Accenture.

Saab will launch production of aft fuselage systems for a Boeing advanced trainer at a newly opened plant in West Lafayette, Indiana, under a $71.2 million contract, the Swedish manufacturer said on Aug. 31.

Mecachrome has completed the takeover of the WeAre Group, a significant step in the consolidation of the French supply chain.

Details have emerged of two additional consortia bidding to participate in South Korea’s K-UAM Grand Challenge urban air mobility demonstration project.

Outpost Technologies has raised a $7.1 million seed round to develop satellite re-entry and recovery technology.

Australian startup Skyportz has unveiled plans for the first in a network of vertiports to support advanced air mobility.

BOEING is investing $5m to expand its Advanced Manufacturing Innovation Center in St. Louis with new 130,000 sq ft advanced manufacturing facility to

BLUE SKY NETWORK announced its SkyLink 7100 aviation solution completed DO-160G qualification testing and can be installed on crewed aircraft

HEICO FLIGHT SUPPORT earned $71m on $330m sales for three months ended July 31 vs $42m on $237m a year ago.

C&L AEROSPACE was named exclusive distributor for PMA part alternative for a rear tail cone lens assembly and static port cover for ATR aircraft.

J&C AERO has developed a universal personal electronic device (smartphone/tablet) holder for economy class seat tables for convenient video viewing

FLYHT AEROSPACE SOLUTIONS, Canada joined IATA’s Aviation Cyber Security Strategic Partnerships program to mitigate cyber security risks.

EXIGER, NY has acquired Cincinnati-based SUPPLY DYNAMICS to create an end-to-end supply chain visibility and supplier risk management solution.

Regent has taken a step closer toward certification of its Viceroy electric seaglider with receipt of approval in principle (AiP) for the wing-in-ground-effect regional transport from inspection agency Bureau Veritas.

MagniX tests advanced batteries; DARPA pushes VTOL UAS capability; Jetoptera tests high-speed VTOL; and UK builds LH2 test facility.

Turbofan engine-makers face bewildering array of choices as they navigate toward as yet unknown power needs for next-gen single-aisles.

Boeing employees who act on behalf of the FAA expressed concerns with their independence.

South Korean startup MintAir plans to build an advanced air mobility service using electric rotorcraft and has agreed to order up to 40 aircraft from Jaunt Air Mobility, in addition to a previous commitment for 100 aircraft from Skyworks Aeronautics.

It was a brutal week for the Advanced Air Mobility Stock Composite, which was down close to 40% from the average price of $51 overall on Aug. 22 to $31.15 overall for the five days ending Aug. 29.

More than 6,400 new turbine-powered helicopters valued at more than $37 billion are expected to be delivered over the next 10-year-period from 2023-2032, according to preliminary data from Aviation Week’s 2023 Helicopter Fleet & MRO Forecast.