Air TaxiShould Aerospace Be Scared by Hyundai's Move into Urban Air Mobility? South Korean automaker Hyundai continues to snap up talent for its urban air mobility (UAM) division, hiring Michael Whitaker, former deputy administrator of the Federal Aviation Administration, as its global head of…
CommercialPODCAST SERIES Pt. 1: Aerospace Industry Outlook Under the Coronavirus Pandemic - AIRLINES On the first of this new four-part podcast series, we discuss the economic and operational impact of the outbreak of the COVID-19 coronavirus on the commercial airline industry. Guests on this episode…
Business & GAEmbraer Suspends 2020 Financial Forecast Amid COVID-19 Impact Embraer said on March 26 it is suspending its financial forecast for 2020 amid the ongoing impact of the COVID-19 virus. "Embraer has so far not suffered extensive delays in its…
CommercialAirbus, Boeing Make Production Decisions Amid COVID-19 Pandemic Airbus partially resumed assembly and production work in France and Spain on March 23, while Boeing will temporarily suspend the majority of its U.S.-based airplane production activity beginning March 25 as the…
Business & GACCX Adds Capabilities to T-RX Avionics Radio and Pulse Testers Ottawa-based test equipment supplier CCX Technologies said on March 24 that it is adding GPS signal generator and VHF Digital Link (VDL) Mode 2 capabilities for its T-RX avionics radio and pulse…
Air TaxiUPS Partners with Wingcopter to Develop, Certify Drone Delivery Fleet UPS’ drone delivery venture is partnering with German drone-maker Wingcopter to develop and certify new tiltrotor package delivery drones for a wide range of use cases in the United States and internationally.…
Air TaxiLilium Raises $240 Million for Electric Air Taxi Development — ‘At Least 12 Months of Runway’ German electric air taxi developer Lilium completed an internal funding round worth over $240 million, raising its total investment to date to more than $340 million, the company announced. A representative for…
MilitaryNorthrop Grumman Warns Of Potential Business Impacts From Pandemic Northrop Grumman on Thursday said it can’t currently predict the impact on its business from the COVID-19 pandemic but warned investors of potential increased borrowing costs and of potential disruptions to its…
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