All aerospace news – Page 30
-
NewsArcher keeps burning cash on quest for scaled air taxi operations
US air taxi maker Archer Aviation reports a third-quarter cash position significantly lower than the one it held on 30 September of last year. .
-
NewsHanwha Aerospace moves engine business to Connecticut and seeks closer ties with Pratt and GE
To forge closer ties with suppliers and with prime customers Pratt & Whitney (P&W) and GE Aerospace, South Korea’s Hanwha Aerospace has moved the headquarters of its International Engine Business to Connecticut.
-
NewsWheels Up loses $145m in Q3 but aims for operating profit in 2024
Charter aircraft provider Wheels Up lost $145 million in the third quarter of 2023, but executives insist a network overhaul, a partnership with Delta Air Lines and new financing position it to turn operationally profitable next year.
-
In depthJoby bucks competitors by pushing adoption of its ‘universal’ electric charging system
US air taxi maker Joby Aviation is pushing for the electric aviation sector to adopt its system for charging aircraft rather than the automotive-based standards recently proposed by competing start-ups Archer Aviation and Beta Technologies.
-
NewsVertical Aerospace aims to fly VX4 at Farnborough air show in 2024
Vertical Aerospace has revealed plans to fly its VX4 prototype at next year’s Farnborough air show as part of a wider public demonstration campaign that kicks off in 2024.
-
NewsAirbus vows to take lessons from A320neo ramp-up when raising A350 rate
Airbus chief executive Guillaume Faury is confident that the airframer can justify and manage the ramp-up of A350 production back to its pre-crisis level in 2026. The company is looking to restore a 10-per-month production rate for the widebody twinjet family. “We have secured a number of orders, we have ...
-
NewsArcher and InterGlobe strike deal to launch 2026 air taxi operations in India
Hot on the heels of striking a deal to establish air taxi operations in Abu Dhabi, US developer Archer Aviation has secured an agreement to deploy its electric aircraft on the Indian subcontinent.
-
NewsZeroAvia eyes flight-test and certification milestones before year-end
Hydrogen propulsion developer ZeroAvia is readying its converted Dornier 228 demonstrator for the next round of test flights, as it prepares to submit its certification proposal for the ZA600 powertrain to the UK regulator.
-
NewsSpirit moves to raise $400 million and push back $1.2 billion debt repayment
Spirit AeroSystems is taking steps to strengthen its financial foundations by seeking to raise $400 million in cash and to restructure $1.2 billion in debt.
-
NewsP&W’s defective disk issue found to affect more business jet engines
Dozens of Pratt & Whitney Canada PW307 turbofans on Dassault Aviation business jets may contain disks with the same manufacturing defect affecting more than 1,000 Pratt & Whitney (P&W) PW1100Gs.
-
NewsAirbus UpNext flies Citation test aircraft which will evolve into morphing-wing demonstrator
Airbus innovation arm UpNext has conducted an initial test flight with a modified Cessna Citation VII which will ultimately serve as the platform for advanced wing technology. UpNext is aiming to develop a biomimicry-based morphing wing to maximise aerodynamic efficiency and reduce fuel-burn. Airbus says the Citation – with a ...
-
NewsAirbus emerges from three-year probation after fraud-inquiry settlements
Airbus has formally emerged from a three-year probation period imposed after corruption investigations conducted by three national jurisdictions. The airframer reached a deferred-prosecution arrangement with US, French and UK authorities in 2020 as part of a €3.6 billion ($3.8 billion) settlement of the inquiry into fraud allegations. This settlement included ...
-
NewsAirbus aims to restore A350 programme’s 10-per-month production rate
Airbus is aiming to hike production of the A350 to 10 aircraft per month in 2026, returning to pre-crisis levels, while continuing to seek a four-per-month rate for the A330 in 2024. The airframer had previously disclosed that it was looking to take monthly A350 production to nine at the ...
-
NewsRotor Technologies spins up autonomous R44 plans
Autonomous systems specialist Rotor Technologies is pressing ahead with the development of its R550X uncrewed helicopter having recently completed a flight-test campaign using a pair of smaller prototypes.
-
NewsWould-be operator Global picks Avia Solutions division for interior A380 refurbishment
Would-be Airbus A380 operator Global Airlines has recruited a division of Avia Solutions Group to refurbish the cabin of its initial aircraft. Global Airlines says work on the aircraft, to be carried out by UK-based JetMS Completions, is set to begin in January next year. The start-up operator says the ...
-
NewsCargojet’s Q3 profits dip amid cooling air freight market
Canada’s Cargojet Airways reports a third-quarter profit of C$10.5 million ($7.63 million) – versus marking C$83.4 million during the same period last year – amid cooling demand for air cargo.
-
NewsEmbraer expects PW1000G work will triple revenues at Portuguese MRO provider OGMA
Embraer expects a massive revenue bump in the coming years for its Portuguese maintenance unit OGMA as it begins ramping up work on Pratt & Whitney (P&W) PW1000G geared turbofan (GTF) engines.
-
NewsEve doubles third quarter R&D spending as it starts building air taxi prototype
Electric air taxi developer Eve Air Mobility reports high spending on research and development during the third quarter as it starts assembling its first prototype ahead of a planned 2024 flight-test campaign.
-
NewsLeonardo commits to carbonfibre recycling research
Leonardo’s aerostructures division is to collaborate with Italian industrial firm Gruppo Hera on joint research into the recovery of carbonfibre material from composite aircraft parts.
-
NewsArcher and Beta call for standardised electric air taxi charging systems
A pair of leading air taxi developers on opposite coasts of the USA – California’s Archer Aviation and Vermont’s Beta Technologies – are working together to “spur the widespread roll-out” of shared charging infrastructure for electric aircraft.