CommercialGE to Focus on Aviation Business with Spin-off Plans for Energy and Healthcare General Electric (GE) plans to spin-off of its healthcare division, while combining its energy, power and digital divisions into one business that will leave the industrial giant's sole focus on aviation within…
ConnectivityViasat Sees Acquisition of Inmarsat Helping Growth of Passenger Demand for In-flight Connectivity Viasat has entered into a definitive agreement to acquire Inmarsat for $7.3 billion, in a deal that the California-based satellite communications believes will help to serve the surging growth of passenger demand…
CommercialA320 Production, Supply Chain in Focus for Airbus Amid Commercial Recovery Higher commercial aircraft deliveries helped Airbus achieve a net income of €2.635 billion ($3.055 billion) for the first nine months of 2021 compared to the COVID-19 Pandemic-fueled €2.686 billion ($3.114 billion) loss the…
Air TaxiVolocopter Eyes Air Taxi Operations in Italy German urban air mobility developer Volocopter has established a new partnership with the largest airport operator in Italy in an effort to start developing the infrastructure that will enable electric vertical takeoff…
Air TaxiEve to Start Urban Air Mobility Ecosystem Evaluation Flights in Brazil Next Month Embraer's electric vertical takeoff and landing (eVTOL) subsidiary Eve Air Mobility will start operating an Urban Air Mobility (UAM) simulation with six passenger-carrying flights a day from Barra da Tijuca to the…
Air TaxiArcher Aviation VP of Design Talks Developing a Human-centric eVTOL With just over two years remaining until Archer Aviation's goal of having a four-passenger electric vertical takeoff and landing (eVTOL) ready for a commercial launch by 2024, the California-based startup will need…
CommercialBoeing Gives 737 MAX, 777X and 787 Program Updates with Third Quarter Earnings Report Boeing executives provided several program updates for three of their flagship commercial aircraft programs including the 737 MAX, 777X and 787 as the manufacturer reported $15.3 billion in third-quarter revenue on Wednesday,…
MilitaryCommercial Aerospace, Defense Power Raytheon Technologies In Third Quarter Raytheon Technologies on Tuesday posted higher sales and net income in the third quarter driven by a rebound in the aftermarket business for commercial aircraft and strong results in its defense businesses,…
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