Business & GA Embraer 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…
Business & GA CCX 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…
Air Taxi Lilium 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…
Military Northrop 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…
Business & GA Avionics OEMs Warn of Supply Chain Disruption and Other Fallout Due to COVID-19 While Boeing has requested a $60 billion lifeline from the federal government to cushion the impact from the COVID-19 pandemic and U.S. airlines through the…
Air Taxi UAS Service Suppliers Discuss 53,000 Comments on FAA’s Remote ID Proposal The Federal Aviation Administration is working through more than 53,000 comments on its proposed approach to remote identification for remote aircraft and hopes to issue…